409 Wahoo Rd Panama City, FL 32408
Estimated payment $3,064/month
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.
A conceptual rendering for illustrative purposes will be shown in photos of this property. 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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $519,000 | -1.1% | -- |
| 03/18/2026 03/18/26 | For Sale | $525,000 | -- | -- |
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: Central Panhandle Association of REALTORS®
MLS Number: 786958
APN: 30933-466-000
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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.
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Ask me questions while you tour the home.