$2,495,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

503 Albatross St Panama City Beach, FL 32413

Estimated payment $14,734/month

8 Beds
8 Baths
3,945 Sq Ft
$632 Price per Sq Ft

Highlights

  • Beach
  • Heated In Ground Pool
  • Recreation Room
  • J.R. Arnold High School Rated A-
  • Gulf View
  • Beach House

About This Home

Crafted in 2023 with a flawless eye for coastal elegance, this three-story residence in Bid-A-Wee Beach elevates beach living with both sophistication and ease. Just a block from a private, deeded beach access, the home offers sweeping gulf views, proximity to the lively Margaritaville Resort, and a lifestyle that seamlessly balances relaxation with entertainment. The home spans eight bedrooms and seven-and-a-half baths, thoughtfully designed for multi-generational families or large groups. On the first floor, a king suite provides accessible comfort, while the upper levels host expansive bedrooms with cozy sitting areas and individual TVs. The third-floor family room is a retreat of its own, complete with coastal furnishings, an oversized sectional, and foosball for laid-back evenings. At the heart of the home lies a chef-inspired kitchen with GE Cafe appliances, quartz countertops, and custom woodwork. Open living and dining spaces create effortless flow, ideal for gathering and celebrating. Dual washer and dryer sets add convenience for extended stays, while a garage and drive accommodate up to seven vehicles. Outdoors, the resort atmosphere continues with a heated saltwater pool featuring a slide, a summer kitchen, and ample patio space for lounging and alfresco dining. Ping pong and basketball keep every age entertained, while the neighborhood's beach gate at the end of Albatross Street ensures the shore is always within reach. With short-term rentals permitted and gross rentals of $250,000 annually, this property is as much an investment as it is a retreat. Offered fully furnished and turnkey, it stands ready to deliver unforgettable coastal experiences just minutes from 30A and the best of Panama City Beach.

Listing Agent

Keli O'neal

Scenic Sotheby's International Realty License #3359495 Listed on: 10/24/2025

Scenic Sotheby's International Realty

Co-Listing Agent

Suzy McDaniel

Scenic Sotheby's International Realty License #3475957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,689

Year Built

  • Built in 2023

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Back Yard Fenced
  • Property is zoned City

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,945 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Great Room
  • Family Room
  • Recreation Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Rain Gutters

Schools

  • Hutchinson Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34760-000-000

Community Details

Overview

  • Bid A Wee S/D Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,689

Year Built

Built in 2023

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 60 x 150
  • Road Frontage Type: City Street
  • Co List Office Mls Id: EDR4
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: BID-A-WEE S/D
  • Directions: From the intersection of Front Beach Road and Albatross Street, proceed north on Albatross Street. In 700 feet, the destination will be on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Rooms:Family Room: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer, Water Heater - Tnkls
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Tray/Cofferd, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Wet Bar
  • Window Features: Window Treatment All
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Gulf
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Rain Gutter, Balcony, Fenced Back Yard, Summer Kitchen
  • Patio And Porch Features: Deck Covered, Patio Covered, Patio Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Rain Gutter: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Security: Fire Alarm/Sprinkler
  • Cooling: Ceiling Fans
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 34760-000-000
  • Zoning: City

Tax Info

  • Tax Annual Amount: 19688.55
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,593 $1,781,913 $288,427 $1,493,486
2023 $2,593 $185,130 $244,757 $0
2022 $2,011 $168,300 $0 $0
2021 $1,820 $153,000 $153,000 $0
2020 $1,556 $133,000 $133,000 $0
2019 $1,236 $101,474 $101,474 $0
2018 $1,227 $98,861 $0 $0
2017 $1,049 $90,380 $0 $0
2016 $1,048 $90,380 $0 $0
2015 $1,095 $91,649 $0 $0
2014 $1,176 $98,606 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $2,495,000 +14.7% $632 / Sq Ft
04/07/2023 04/07/23 Sold $2,175,000 -9.3% $507 / Sq Ft View Prior Sale
02/25/2023 02/25/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $2,399,000 0.0% $559 / Sq Ft
01/20/2023 01/20/23 Off Market $2,399,000 -- --
07/13/2022 07/13/22 For Sale $2,399,000 +10.3% $559 / Sq Ft
05/24/2022 05/24/22 Off Market $2,175,000 -- --
03/14/2022 03/14/22 For Sale $2,399,000 0.0% $559 / Sq Ft
03/14/2022 03/14/22 Price Changed $2,399,000 +9.1% $559 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $2,199,000 -- $512 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,175,000 South Oak Title
Warranty Deed $2,175,000 South Oak Title
Warranty Deed $180,000 Mti Title Insurance Agcy Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,740,000 New Conventional
Closed $1,740,000 New Conventional
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 988253

Emerald Coast Association of REALTORS®

APN: 34760-000-000