$400,000
SOLD JUN 4, 2025

6500 Bridge Water Way Unit Tower 1 Unit 905 Panama City Beach, FL 32407

Upper Grand Lagoon Neighborhood
2 Beds
2 Baths
1,447 Sq Ft
$735/mo HOA Fee

Recently Sold

$276 Per Sq Ft

9% Below List Price

66 Days on Market

Highlights

  • Waterfront
  • Boat Dock
  • Fishing
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Bay View

About This Home

As of June 2025

MOTIVATED SELLER! BRING REASONABLE OFFERS! Comes with a deepwater BOAT SLIP #54 and 12,000 lb lift. GARAGE B6 can be purchased separately. HIBISCUS by the BAY! Absolutely awesome panoramic views of beautiful St. Andrew's Bay. Upscale gated community, only a short drive to Panama City Beach and Pier Park for shopping, dining, entertainment, etc. Boaters can be on the Gulf in just minutes! Complex offers amenities galore to include marina, library, fitness room, large newly decorated community room, inground pool, picnic area, fishing, tennis and pickleball. Inside of unit is ''picture perfect'' as you will see with the many attached photos. Entire unit has been tastefully upgraded as follows; new paint, new LVP flooring throughout, tiled master bath, HVAC, backsplash in kitchen, dishwasher, faucets. closet organizer, reclaimed barnwood bar, rebuilt/new boat dock, and much more to include Cat 5 hurricane resistant sliding doors. A summary of improvements that have been made at Hibiscus by the Bay are attached in Documents, along with a detailed list of improvements that are specific to Unit 905. A copy of recent Structural Integrity Study is available from Listing Agent. Most HOA fees in our area have been raised in 2025 but fortunately Hibiscus dues have been reduced. Hibiscus has spent over $5,000,000 ON IMPROVEMENTS in the past year and are in a great financial situation. BOAT SLIP 54 WITH 12,000 # LIFT IS INCLUDED IN SALE. GARAGE B6 CAN BE PURCHASED SEPARATELY. Call Listing Agent for details or check Flyer in Main Lobby. Please contact your realtor today for a private showing of this beautiful waterfront condo. CONDO, GARAGE AND BOAT SLIP MAY BE LEASED AT $2,500/monthly.

Last Agent to Sell the Property

Barbara Stevens

Premier Properties of Bay Co License #0666659 Listed on: 03/08/2025

Co-Listed By

Richard Anderson

Premier Properties of Bay Co

Last Buyer's Agent

Sandi Smith

Dalton Wade Inc

Dalton Wade Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Lot

Interior Spaces

  • 1,447 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool
  • Gunite Pool

Outdoor Features

  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, fishing rights, insurance, internet, ground maintenance, maintenance structure, pest control, pool(s), sewer, tennis courts, trash, water
  • 70 Units
  • Cynthia Sherwood Association
  • High-Rise Condominium
  • Hibiscus By The Bay Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Boat Dock
  • Waterfront
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,868

Year Built

Built in 2005

Lot Details

0

HOA Fees

$735 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Co List Office Mls Id: BPPB
  • Co List Office Phone: (850) 819-5291
  • Subdivision Name: Hibiscus By The Bay
  • Architectural Style: High Rise
  • Entry Level: 9
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Pantry, Split Bedrooms
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1447.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Stories: 12

Exterior Features

  • Pool Features: Fenced, Gunite, In Ground, Pool, Community
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Boat Dock/Slip, Dock Access, Shoreline - Natural, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Other, Parking Lot
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Trash Collection
  • Security Features: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2204.07
  • Community Features: Barbecue, Clubhouse, Conference/Meeting Room, Dock, Elevator, Fitness Center, Fishing, Park, Tennis Court(s), Waterfront, Gated, Pool, Sidewalks
  • Amenities: Dock, Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Cynthia Sherwood
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Fishing Rights, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Landscaped, Waterfront
  • Zoning Description: County

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 70

Tax Info

  • Tax Annual Amount: 2868.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

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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

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $400,000 -4.5% $276 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/20/2025 04/20/25 Price Changed $419,000 -2.3% $290 / Sq Ft
03/31/2025 03/31/25 Price Changed $429,000 -2.3% $296 / Sq Ft
03/08/2025 03/08/25 For Sale $439,000 -- $303 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 770042

Central Panhandle Association of REALTORS®