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For Sale

503 Albatross Street

503 Albatross Street, Panama City Beach, FL 32413

$2,850,000
Introducing 503 Albatross, an epitome of luxury and elegance nestled in the heart of Panama City Beach's coveted Bid-a-Wee community. This magnificent three-story masterpiece is not just a home; it's a gateway to a lifestyle marked by breathtaking Gulf views, unparalleled amenities, and an enviable proximity to a private, deeded beach access and the vibrant Margaritaville Resort.

Designed with a discerning eye for detail, this sprawling 8-bedroom, 7.5-bath home exudes sophistication and comfort. Each floor has been meticulously crafted to offer ample space and privacy, making it ideal for large families or groups seeking a serene retreat. The third floor boasts a spacious family room complete with an oversized sectional, a foosball table, and stunning coastal furnishings that perfectly complement the home's elegant aesthetic.

The heart of this home is its state-of-the-art kitchen, featuring top-of-the-line GE Cafe appliances and pristine quartz countertops. Custom trim and woodwork accentuate the space, creating an inviting environment for both casual meals and gourmet feasts. The open layout ensures that the kitchen flows seamlessly into the dining and living areas, making it perfect for entertaining.

Step outside to discover your private haven. The expansive backyard is a paradise for outdoor enthusiasts, featuring an oversized saltwater pool, a sprawling patio, and ample seating areas for sunbathing or alfresco dining. The outdoor ping pong table and basketball games add a touch of fun for guests of all ages, ensuring every moment spent here is filled with joy. No detail has been overlooked in ensuring your comfort. Each bedroom is a sanctuary, offering ample space, cozy seating areas, and individual TVs. Dual washer and dryer sets on the second and third floors provide convenience, while the garage and drive offer parking for up to seven vehicles.

This property is not only a dream home but also a lucrative investment opportunity. With short-term rentals allowed and a location in the highly popular Panama City Beach vacation market, projections indicate an impressive annual return of over $290K. The home's turn-key readiness, with elegant coastal furnishings and every conceivable amenity, ensures that it stands out in the rental market.

Located just minutes from 30A and a short walk from your private deeded beach access, 503 Albatross places you at the heart of all that Panama City Beach has to offer. Whether you're seeking a tranquil escape or an active coastal lifestyle, this home provides the perfect balance of both.

8
beds

8
baths

3,945 Sq.Ft. LIVING AREA

9,147.6 Sq.Ft. lot

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Clay Owens

Clay Owens

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • full bathrooms7
  • half bathroom1
  • APPLIANCES Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer
  • other interior Features Breakfast Bar, Ceiling Tray/Cofferd, Furnished - All, Kitchen Island, Owners Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All

Area & Lot

  • Status For Sale
  • Living Area3,945 Sq.Ft.
  • Lot Area9,147.6 Sq.Ft.
  • MLS® ID953911
  • TypeResidential
  • YEAR BUILT2023
  • Architecture StylesBeach House
  • View DescriptionGulf
  • Elementary SchoolHutchinson Beach
  • Middle SchoolSurfside
  • High SchoolArnold

Exterior

  • STORIES3
  • Garage Space1.0
  • utilitiesElectric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • PoolPool Type
  • parkingGarage
  • HEAT TYPECentral
  • AIR CONDITIONINGCeiling Fan(s), Central Air
  • other exterior FeaturesRain Gutter, Balcony, Columns, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System

Financial

  • Sales Price$2,850,000
  • Real Estate Tax $2,593/yr
  • Zoning Resid Single Family

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For Press Inquiries, email: [email protected] and For Sales Inquiries, email: [email protected]

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