$410,000
SOLD JUL 14, 2025

Marina Bay Condominium 1600 Marina Bay Dr Unit 608 Panama City, FL 32409

2 Beds
2 Baths
1,525 Sq Ft
$607/mo HOA Fee

Recently Sold

$269 Per Sq Ft

10% Below List Price

64 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Fishing
  • Beach
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of July 2025

Marina Bay Condominiums, offer luxurious 2-bedroom, 2-bath units with stunning panoramic views of North Bay. These residences feature expansive windows in the living room, dining area, kitchen, and master bedroom, providing breathtaking
views of the water and vibrant sunsets. The open-concept design enhances the spacious feel, This unit has Brand new Kitchen, along with premium appliances and finishes.
Residents can enjoy a range of amenities, including a heated bayfront pool, fishing pier, boat slips, fitness center, and a community room for social gatherings. The complex also offers covered parking, and a gated entrance for added security. Its prime location provides easy access to local dining, shopping, and entertainment options, making it an ideal choice for those seeking both comfort and convenience in waterfront living.

Last Agent to Sell the Property

Karen Smith

Beachy Beach Real Estate License #3102215 Listed on: 04/03/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 2001

Lot Details

HOA Fees

  • $607 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Southport Elementary School
  • Deane Bozeman Middle School
  • Deane Bozeman High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08540-044-000

Community Details

Overview

  • Association fees include electricity, insurance, management, security, sewer, water
  • Marina Bay Resort Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,506

Year Built

Built in 2001

Lot Details

0

HOA Fees

$607 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MARINA BAY RESORT CONDO
  • Directions: Head N on 77. Cross Bailey Bridge and take the first left onto Marina Bay Dr.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:Harbor: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Waterfront:Bay: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Waterfront:Unit Waterfront: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom
  • Window Features: Window Treatment All, Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Waterfront Features: Unit Waterfront, Bay, Harbor
  • Waterfront: Yes
  • Construction Type: Block
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dock, Dumpster, Elevators, Exercise Room, Fishing, Picnic Area, Pool, Separate Storage, Waterfront
  • Association #2 Fee: 607.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Insurance, Management, Security, Sewer, Water

Schools

  • Elementary School: Southport
  • High School: Deane Bozeman
  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Parcel #: 08540-044-000

Tax Info

  • Tax Annual Amount: 3506.27
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jul 14, 2025
Sold by
Stampnick Living Trust and Stampnick James S
Bought by
Davis Daniel Thomas and Cates Carmen L
Seller's Agent
Karen Smith
Beachy Beach Real Estate
List Price
$457,000
Sold Price
$410,000
Premium/Discount to List
-$47,000
-10.28%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.14%
Original Mortgage
$369,000
Outstanding Balance
$369,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$82,842

Purchase Details

Closed on
Aug 15, 2019
Sold by
Stampnick James S and Stampnick Arlene J
Bought by
Stampnick James S and Stampnick Arlene J

Purchase Details

Closed on
Feb 28, 2003
Sold by
Marina Bay Development Co Of Bay County
Bought by
Mitchell James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,400
Interest Rate
5.89%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Provident Title
Warranty Deed $410,000 Provident Title
Interfamily Deed Transfer -- Attorney
Corporate Deed $293,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,000 New Conventional
Closed $369,000 New Conventional
Previous Owner $32,000 Unknown
Previous Owner $183,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $410,000 -10.3% $269 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $457,000 -- $300 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $3,415 $269,776 -- --
2023 $3,415 $261,918 $0 $0
2022 $3,112 $254,289 $0 $0
2021 $3,083 $246,883 $0 $0
2020 $3,039 $290,275 $0 $0
2019 $2,878 $238,000 $0 $238,000
2018 $2,934 $239,275 $0 $0
2017 $3,025 $242,250 $0 $0
2016 $3,083 $241,400 $0 $0
2015 $3,335 $212,500 $0 $0
2014 $3,304 $195,943 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 972916

Emerald Coast Association of REALTORS®

APN: 08540-044-000