501 Albatross Street, Panama City Beach, FL 32413

$2,100,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,292 Lot Size (sq. ft.): 9,148 Status: Sold
Current Price: $2,400,000 List Date: 7/12/2022 Last Modified: 10/26/2024

Description

UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Beach Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home comes is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K-$260K annually.

Supplements: Outside, the private saltwater pool takes center stage and is perfect for enjoying barbecues and entertaining friends and family. On the first level, you'll find an expansive living and dining area and a spectacular chef's kitchen offering custom cabinetry, High-End GE cafe appliances, a natural gas stove, a 48-inch GE Cafe refrigerator, and quartz countertops. This luxury beach home features multiple primary bedroom suites, with 4 of the 8 bedrooms having their own private ensuite bathrooms. There are two (2) separate laundry rooms, the first laundry room is on the 2nd floor, and the third laundry room on the 3rd floor. The third floor offers three bedrooms, and a large rec room, as well as an expansive private balcony that showcases stunning views of the Gulf of Mexico. This beach home also features a small attached garage, which is perfect for parking your golf cart, or storing beach equipment. Life is truly a vacation when you're just a short golf cart ride away from Bid-A-Wee's gated beach access with over 2200 feet of Dedicated Beach. This home is currently under construction and is expected to be completed February 2023. Designed and built by Mulder & Company, a locally owned, trusted builder known for their exceptional craftsmanship and attention to detail. **All interior listing photos are pictures of a model home that has similar finishes to this home, once construction is complete.** Floor plans and a list of all the upgrades and the specs for this home are available upon request. Call today to see this beautiful beach home in person!

More Information MLS# 903450

Status Change Info

Status: Sold Under Contract Date: 2023-01-24 Sold Date: 2023-02-23 Sold Price: $2,100,000 Sold Price/SqFt: 489.28

Contract Info

List Date: 2022-07-12 Current Price: $2,100,000 List Price: $2,400,000 List Price/SqFt: 559.18 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 501 Street Name: Albatross Street Suffix: Street State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: BID-A-WEE S/D Parcel ID: 34761-000-000

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 4292 SqFt Source: Building Plan Bedrooms: 8 Full Baths: 7 Half Baths: 1 Total Bathrooms: 8 # Stories: 3 Year Built: 2023 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 1 Driveway Spaces: 7 Acreage: 0.21 Pool: Yes Pool Type: Private

Property Features

Sale Type: Accept Backup Offers Construction Status: Construction Complete Lot Features: Corner; Easements; Within 1/2 Mile to Water; See Remarks Zoning: See Remarks Waterview: Gulf Parking Features: Garage Attached; Golf Cart Enclosed; See Remarks; Other Project Facilities: Beach Exterior: Balcony; Fenced Back Yard; Fenced Lot-Part; Fenced Privacy; Patio Covered; Patio Open; Pool - In-Ground; Porch Open; Shower Interior: Breakfast Bar; Ceiling Raised; Floor Tile; Floor Vinyl; Furnished - None; Kitchen Island; Lighting Recessed; Owner's Closet; Pantry; Split Bedroom; Walls Wainscoting; Washer/Dryer Hookup; Woodwork Painted Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; AC - High Efficiency; Heat - Two or More; Heat Cntrl Electric; Heat High Efficiency; Water Heater - Gas; Water Heater - Tnkls Bedroom: First; Second; Third Rooms: Bedroom; Great Room; Recreation Room Financing: Conventional

Room Information

Bedroom Level: First Dimensions: 14 x 12.6 Length: 14.00 Width: 12.60 Remarks: Bedroom #1 also has private bath 9x6 with shower Dimensions: 14 x 12.6 Bedroom Level: Second Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Remarks: Bedroom #2 with Private bath (shower) Dimensions: 14 x 12 Bedroom Level: Second Dimensions: 11 x 10 Length: 11.00 Width: 10.00 Remarks: Bedroom #3 with private bathroom, shower Dimensions: 11 x 10 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Remarks: Bedroom #4 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Remarks: Bedroom #5 with private bath Dimensions: 15 x 12 Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: Bedroom #6 with shared bath Dimensions: 12 x 12 Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: Bedroom #7 with shared bath Dimensions: 12 x 12 Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: Bedroom #8 with shared bath Dimensions: 12 x 12 Great Room Level: First Dimensions: 40 x 32 Length: 40.00 Width: 32.00 Remarks: Great Room, includes Kitchen, Living Room, Dining Dimensions: 40 x 32 Recreation Room Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Remarks: 2nd Floor Rec Room Dimensions: 14 x 13 Recreation Room Level: Third Dimensions: 12 x 30 Length: 12.00 Width: 30.00 Remarks: Third floor Rec Room Dimensions: 12 x 30
Listing Office: EXP Realty LLC
Last Updated: October - 26 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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