$525,000

409 Wahoo Rd Panama City, FL 32408

0.2 Acre
$2,625,000 Price per Acre
8,812 Sq Ft Lot

Highlights

  • Water access To Gulf or Ocean
  • 24-Hour Security
  • Home fronts a canal
  • Patronis Elementary School Rated A-
  • Gated Community

About This Lot

Rare opportunity to own a stunning waterfront homesite in the highly sought-after gated community of Bay Point in Panama City Beach. Perfectly positioned along the canal with direct access to the Grand Lagoon and Gulf, this spacious lot offers the ideal setting to design and build your custom coastal home. Enjoy beautiful water views, gentle breezes, and the ultimate Florida lifestyle right from your backyard. The seller has recently installed a new vinyl seawall and pylons, offering added value and peace of mind for future construction and boating. In addition, the seller has stunning house plans in hand for a thoughtfully designed 3,400 sq. ft. residence, giving buyers a head start on creating their dream waterfront home. With ample space to accommodate a private dock, outdoor living areas, and a custom residence, this property provides endless possibilities for creating a luxury coastal retreat. Located within Bay Point, a premier gated golf cart-friendly community, residents enjoy access to world-class amenities including a championship golf course, marina, tennis courts, and 24-hour security. Conveniently situated just minutes from beaches, dining, shopping, and St. Andrews State Park. Whether you're looking to build a full-time residence, second home, or investment property, this exceptional lot offers both location and lifestyle. Don't miss this chance to secure one of the few remaining waterfront lots in Bay Point.

Listing Agent

David & Kelli Sims

Sims Resort Realty, Inc License #3263620 Listed on: 03/18/2026

Property Details

Property Type

  • Land

Lot Details

  • 8,812 Sq Ft Lot
  • Lot Dimensions are 70.5x126x93.7x125
  • Home fronts a canal
  • Property fronts a freeway

Property Views

  • Canal Views

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Community Details

Overview

  • Property has a Home Owners Association
  • Bay Point Unit 1 Subdivision

Security

  • 24-Hour Security
  • Gated Community

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Lot Details

8,812 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 70.5X126X93.7X125
  • Road Frontage Type: Freeway
  • Subdivision Name: Bay Point Unit 1
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Front, Gulf Access
  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available
  • Security Features: 24 Hour Security, Security Guard
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Gated
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 8812.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
2025 $3,738 $315,332 $312,827 $2,505
2024 $2,938 $304,210 $301,705 $2,505
2023 $2,938 $210,922 $263,276 $2,505
2022 $2,479 $191,747 $0 $0
2021 $2,090 $174,315 $171,810 $2,505
2020 $2,192 $180,305 $174,300 $6,005
2019 $2,066 $172,005 $166,000 $6,005
2018 $2,004 $148,760 $0 $0
2017 $1,704 $135,236 $0 $0
2016 $1,736 $135,236 $0 $0
2015 $1,753 $132,852 $0 $0
2014 $1,799 $136,504 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 For Sale $525,000 -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 Setco Services
Warranty Deed $355,000 Setco Services
Warranty Deed $200,000 Attorney
Warranty Deed $169,500 Lawyers Title Agency N Fl In
Warranty Deed $160,000 Lawyers Title Agency Of Nort
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 786958

Central Panhandle Association of REALTORS®

APN: 30933-466-000

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