Marina Bay Condominium 1600 Marina Bay Dr Unit PH9 Panama City, FL 32409
3
Beds
3
Baths
1,975
Sq Ft
$1,102/mo
HOA Fee
Highlights
- Marina
- Property fronts gulf or ocean
- In Ground Pool
- Boat Dock
- Deeded access to the beach
- Gated Parking
About This Home
As of July 2025Welcome to this well-maintained waterfront penthouse condo, where luxury meets tranquility. This corner unit boasts stunning views, high ceilings, and an open floor plan that creates a bright, airy atmosphere perfect for both everyday living and entertaining.Featuring three spacious bedrooms, each with its own en-suite bathroom, this home offers comfort and privacy for everyone. Premium flooring throughout adds a touch of sophistication, while large windows frame serene water views from nearly every room.Tucked away in a quiet, peaceful location, this condo offers deep water access--a dream for boaters and water lovers alike. The building is warrantable, making financing more accessible and hassle-free.Additional highlights include:Brand New Hot Water heaterPenthouse-level privacyWaterfront corner unit with panoramic viewsTurnkey and move-in readyOpen-concept kitchen and living areaSecure and well-kept buildingEnjoy the perfect blend of luxury, convenience, and serenity in this rare penthouse opportunity. Schedule your private showing today!*Garage Unit 19 available for additional purchase with option of boat slip instead.*All info deemed reliable, verify if important*
Last Agent to Sell the Property
Chesnut Realty, Inc License #3242542 Listed on: 05/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,348
Year Built
- Built in 2001
HOA Fees
- $1,102 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Gated Parking
- Secured Garage or Parking
Interior Spaces
- 1,975 Sq Ft Home
Kitchen
- Electric Range
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Home Security
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Southport Elementary School
- Deane Bozeman Middle School
- Deane Bozeman High School
Additional Features
- Central Heating and Cooling System
Community Details
Overview
- Association fees include clubhouse, fishing rights, insurance, internet, ground maintenance, pest control, pool(s), sewer, sprinkler, trash, water
- Mid-Rise Condominium
- Marina Bay Condo Subdivision
Recreation
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Jul 29, 2025
Sold by
Laura J Homsi Revocable Trust and Homsi Laura J
Bought by
Jackson Robert and Boyle Cheri A
Seller's Agent
Jarah Chesnut
Chesnut Realty, Inc
Buyer's Agent
Kaci Hawes
ERA Neubauer Real Estate, Inc
List Price
$599,000
Sold Price
$528,000
Premium/Discount to List
-$71,000
-11.85%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
336.83%
Original Mortgage
$422,400
Outstanding Balance
$422,400
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$171,699
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $528,000 | Alpha Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $528,000 | -11.9% | $267 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $599,000 | -- | $303 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $3,348 | $264,120 | -- | -- |
| 2023 | $3,348 | $388,068 | $0 | $0 |
| 2022 | $3,050 | $248,958 | $0 | $0 |
| 2021 | $3,022 | $241,707 | $0 | $0 |
| 2020 | $2,963 | $353,130 | $0 | $0 |
| 2019 | $2,805 | $294,275 | $0 | $0 |
| 2018 | $2,778 | $228,666 | $0 | $0 |
| 2017 | $2,753 | $223,963 | $0 | $0 |
| 2016 | $2,747 | $219,357 | $0 | $0 |
| 2015 | $2,807 | $217,832 | $0 | $0 |
| 2014 | $2,776 | $216,103 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jarah Chesnut
J
Seller's Agent in 2025
Jarah Chesnut
Chesnut Realty, Inc
(850) 276-2326
38 Total Sales
-
Kaci Hawes
Buyer's Agent in 2025
Kaci Hawes
ERA Neubauer Real Estate, Inc
(850) 628-4537
130 Total Sales
About Marina Bay Condominium
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 773064
APN: 08540-063-000
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 to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Nearby Homes
- 1600 Marina Bay Dr Unit 703
- 1600 Marina Bay Dr Unit 406
- 6415 W Smith Rd
- 6416 Marvin Ln
- 6420 Marvin Ln
- Lot 2 Cashel Mara Dr Unit Lot 2
- 119 Cashel Mara Dr
- TBD Elma Ruth Dr
- 0 W Smith Rd Unit 738058
- 1817 Bay Breeze Dr
- 6630 Tillman Rd
- 1633 Cox St
- 1542 Mckenzie Rd
- 6709 Highway 77
- 6700 Sunburst Ln
- 113 Florida Ave
- 103 Harbour Pointe Dr
- 105 Harbour Pointe Dr
- 107 Alabama Ave
- 6822 Hilliard St