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Hibiscus by the Bay

Hibiscus by the Bay

Hibiscus by the Bay
Condominium Building Complex
6504 Bridge Water Way,
Panama City Beach, FL 32407
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

140 Units
12 Stories
2005 Year Built
$355K - $879K Value Range

Available Units

For Sale
For Rent

Highlights

  • Boat Dock
  • J.R. Arnold High School Rated A-
  • Water access To Gulf or Ocean
  • Fitness Center
  • Elevator
  • In Ground Pool

Waterfront living in a serene Panama City Beach community

Hibiscus by the Bay, completed in 2005, stands as a 12-story condominium complex overlooking the tranquil waters of St. Andrews Bay in Panama City Beach, Florida. This gated community comprises 140 units, offering residents a blend of coastal living and modern amenities. Situated on a 10-acre peninsula with 600 feet of water frontage, Hibiscus by the Bay provides panoramic views of the bay and the iconic Hathaway Bridge. The development's design prioritizes waterfront vistas, with each unit featuring bay views from the living areas and master bedrooms.

Spacious layouts with stunning bay views

Hibiscus by the Bay offers a range of floor plans to suit various lifestyles, from cozy two-bedroom units to expansive four-bedroom residences. The two-bedroom layouts, spanning 1,400 to 1,450 square feet, feature two bathrooms and are priced from $357,000 to $419,898. These units often include updated stainless steel appliances, granite countertops, and large balconies perfect for enjoying the bay views. For those seeking more space, the three-bedroom units range from 1,970 to 2,022 square feet, with either two full bathrooms or two and a half baths. These residences, priced between $550,000 and $570,000, typically boast open floor plans, crown molding, and spacious master suites with walk-in closets and bay-facing windows. The most luxurious offerings are the four-bedroom units, measuring between 2,870 and 2,908 square feet, with three bathrooms and a price point around $690,000. These penthouse-style residences often feature tray ceilings, oversized balconies spanning the length of the unit, and premium finishes throughout. Many units in Hibiscus by the Bay have been updated with modern touches such as luxury vinyl plank flooring, custom closet systems, and elegant bathroom renovations including standalone showers with rock bottom finishes. The expansive windows and sliding glass doors in all units maximize the breathtaking bay views, creating a seamless indoor-outdoor living experience. Monthly HOA fees range from $800 to $1,300, covering management, fishing rights, pool maintenance, and security services, ensuring a well-maintained and secure living environment for all residents.

Resort-inspired amenities with a focus on waterfront recreation

Hibiscus by the Bay distinguishes itself with an impressive array of amenities designed to enhance the waterfront lifestyle. The private marina is a standout feature, offering boat slips for purchase or rent, along with jet ski docks, catering to water enthusiasts. A 500-foot fishing pier extends into St. Andrews Bay, providing ample opportunities for angling and enjoying the coastal scenery. The bayfront pool and hot tub area serve as a central gathering spot, offering stunning views of the water. Adjacent to the pool, residents can find grilling stations and picnic areas, perfect for outdoor entertaining. For those seeking active pursuits, the complex boasts tennis and pickleball courts, as well as a fully equipped fitness center. Indoor amenities include a clubhouse with a community room, ideal for social gatherings and events. The building also houses a library and an owners' lounge, providing quiet spaces for relaxation and socializing. For added convenience, the complex offers on-site management services, storage rooms, and garages available for purchase or rent. Security is a priority at Hibiscus by the Bay, with 24-hour access control ensuring residents' peace of mind. The gated community prohibits short-term rentals, maintaining a stable and tranquil environment for full-time residents and second-home owners alike. Additional amenities include walking paths throughout the lushly landscaped grounds, swings and sitting areas for enjoying the outdoors, and a basketball court for sports enthusiasts. The combination of these amenities creates a comprehensive living experience that caters to a wide range of interests and lifestyles, all while maximizing the property's prime waterfront location.

A local's paradise in Upper Grand Lagoon

Hibiscus by the Bay is located in the Upper Grand Lagoon neighborhood, an area known for its blend of residential charm and coastal allure. This community stands out for its more local feel compared to the tourist-heavy areas of Panama City Beach, offering residents a genuine Florida lifestyle experience. The neighborhood is renowned for its impressive collection of independently owned restaurants, particularly along Thomas Drive. Locals and visitors alike flock to establishments like Christo's Sports Bar & Grill, known for its fresh seafood and lively atmosphere, and J. Michaels Restaurant, famous for its oysters. For those seeking an upscale dining experience, Capt. Anderson's Restaurant & Waterfront Market and The Grand Marlin on North Lagoon Drive are popular choices. Outdoor enthusiasts will appreciate the proximity to St. Andrews State Park, a 1,200-acre natural gem offering hiking trails, camping facilities, and some of the best surfing spots in the area. The park's diverse ecosystem provides excellent opportunities for bird watching and fishing. For everyday conveniences, residents can find a Publix supermarket on Thomas Drive, ensuring easy access to groceries and essentials. The nearby Pier Park, about a 15-minute drive away, offers a mix of shopping, dining, and entertainment options in an open-air setting. The Upper Grand Lagoon area hosts several community events throughout the year, including the Annual Grand Lagoon Bloody Mary & Music Festival in November, showcasing local mixology talents and live music. On weekends, the Grand Lagoon Waterfront Farmers Market provides fresh produce and artisanal goods, adding to the neighborhood's local flavor.

Car-centric area with some public transit options

While Hibiscus by the Bay is primarily situated in a car-dependent area, there are some transportation options available for residents. The nearest bus stop, Thomas Dr. & US 98, is about a five-minute drive away and serves the Panama City Mall/Gulf Coast State College line. Another nearby stop, Front Beach Rd. & PCB Parkway Service Road, offers access to additional routes including the Gulf Coast State College/Winn Dixie line. For those traveling further afield, the Panama City Beach Station, also about a five-minute drive from the complex, provides long-distance bus services on routes between Houston and Orlando, and Miami and Houston. Major roadways in the vicinity include Thomas Drive and North Lagoon Drive, which connect residents to other parts of Panama City Beach and beyond. US Route 98 is easily accessible, facilitating commutes to Panama City proper and other surrounding areas. For air travel, Northwest Florida Beaches International Airport is approximately 22 miles away, or about a 35-minute drive, providing convenient access for domestic and some international flights. While the area is somewhat bikeable, with a few dedicated paths and bike-friendly roads, most residents find that having a car is essential for daily activities and commuting. The complex's location strikes a balance between the tranquility of a waterfront setting and the convenience of being within a short drive of many local amenities and attractions.

Available Units

Building Details

Recreation

  • Boat Dock
  • Outdoor Tennis Courts
  • Fitness Center
  • In Ground Pool
  • Community Pool
  • Community Spa
  • Fishing

Outdoor Features

  • Water access To Gulf or Ocean
  • Waterfront
  • Community Barbecue Grill

Amenities

  • Bay Views
  • Clubhouse
  • Meeting Room
  • 24 Hour Access
  • Gated Community

Parking

  • Paved Parking
  • Parking Lot

Condo Association

  • $265 Monthly HOA Fees
  • Monthly HOA Fees Range from $265 - $1,532
  • Association fees include clubhouse, ground maintenance, pool(s), tennis courts
  • Hibiscus By The Bay Subdivision

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium

Unit Features

  • Balcony

Activity

Views

84

Shares

1

Unit Information By Building

Unit
503
606
Beds
2 Beds
3 Beds
4 Beds
Baths
2 Baths
2.5 Baths
3 Baths
Sq Ft
1,447
2,022
2,908
Price
$435,000
$570,000
$579,000
Price / Sq Ft
$301 / Sq Ft
$282 / Sq Ft
$199 / Sq Ft
List Date
06/13/2025
05/10/2025
06/05/2025

Unit Size and Value Ranges

2 Bedroom Units
Sq Ft Range
1,400 - 1,450
Est. Values
$355,127 - $461,649
3 Bedroom Units
Sq Ft Range
1,977 - 2,022
Est. Values
$544,690 - $658,987
4 Bedroom Units
Sq Ft Range
2,870 - 2,908
Est. Values
$635,484 - $879,207
All Units
Sq Ft Range
1,400 - 2,908
Est. Values
$355,127 - $879,207

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Somewhat Bikeable

Bike Score®

35 / 100

Car-Dependent

Walk Score®

0 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Calm

Sound Score®

99 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$156K - $681K
Range of Taxes in Building
$40 - $5,979
Range of Taxes per Sq Ft
$0.03 - $3.16

Property Tax History

Source: Public Records

Building Website

Building Team

Developer
Hibiscus Developers, LLC
Architect
CRA Architects
Property Management
Hibiscus by the Bay Association
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.