6500 Bridge Water Way Unit 405 Panama City Beach, FL 32407
Upper Grand Lagoon NeighborhoodEstimated payment $4,304/month
Total Views
296
2
Beds
2
Baths
1,447
Sq Ft
$393
Price per Sq Ft
Highlights
- Boat Dock
- In Ground Pool
- Gated Community
- J.R. Arnold High School Rated A-
- Bay View
- Waterfront
About This Home
Live the ultimate waterfront lifestyle in this boater's dream condo at the exclusive Hibiscus by the Bay in Panama City Beach. This top to bottom remodeled, 2-bedroom, 2-bath residence includes a rare complete boater's package--two deeded boat slips (one of them being the largest in the complex and will fit a 50 ft. boat) and a private garage--offering unparalleled convenience and value.Inside, enjoy a bright and spacious open layout with floor-to-ceiling windows, water views, and a large balcony overlooking the Grand Lagoon. The kitchen is fully equipped with premium countertops, stainless appliances, and a breakfast bar, perfect for entertaining.The primary suite features private balcony access, a large walk-in closet, and a luxurious en-suite with a garden tub and separate shower. The split-bedroom layout ensures privacy for guests or family.Hibiscus by the Bay offers gated security, a resort-style pool, tennis courts, fitness center, and a waterfront boardwalk, all in a peaceful, non-rental community. Just minutes from the beach, dining, and St. Andrews State Park.Whether you're an avid boater, investor, or seeking a serene waterfront retreat--this one has it all. Schedule your private tour today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,605
Year Built
- Built in 2005
HOA Fees
- $735 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,447 Sq Ft Home
- Furnished
- Living Room
- Bay Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Additional Features
- In Ground Pool
- Waterfront
Community Details
Overview
- Association fees include management, clubhouse, cable TV, fishing rights, insurance, internet, ground maintenance, maintenance structure, pest control, pool(s), sewer, trash, water
- High-Rise Condominium
- Hibiscus By The Bay Subdivision
Recreation
- Boat Dock
- Community Pool
Security
- Gated Community
Map
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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 |
|---|---|---|---|---|
| 2024 | $4,578 | $371,450 | -- | $371,450 |
| 2023 | $4,578 | $362,950 | $0 | $362,950 |
| 2022 | $3,894 | $333,200 | $0 | $333,200 |
| 2021 | $2,996 | $246,500 | $0 | $246,500 |
| 2020 | $2,852 | $233,240 | $0 | $233,240 |
| 2019 | $2,606 | $208,250 | $0 | $208,250 |
| 2018 | $2,540 | $199,750 | $0 | $0 |
| 2017 | $2,549 | $199,110 | $0 | $0 |
| 2016 | $2,495 | $191,250 | $0 | $0 |
| 2015 | $2,497 | $186,150 | $0 | $0 |
| 2014 | $2,303 | $171,700 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $569,000 | +26.4% | $393 / Sq Ft |
| 07/25/2022 07/25/22 | Off Market | $450,000 | -- | -- |
| 08/25/2021 08/25/21 | Sold | $450,000 | -7.2% | $311 / Sq Ft |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $484,900 | -- | $335 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Mti Title Insurance Agcy Inc |
Source: Public Records
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 773933
APN: 27345-200-023
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