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New construction
    • Price cut: $10K (5/26)
    $399,000

    513 William Way, Panama City, FL 32404

    3beds
    1,793sqft
    : 
    $2,537/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    0.25 Acres Lot
    $-- Zestimate®
    $223/sqft
    $-- HOA

    What's special

    Stunning viewsHigh ceilingsWaterfront homeOpen layoutPlenty of natural lightGorgeous tile workWarm inviting space
    Welcome to 513 William Way, a beautiful waterfront home in the peaceful and quiet neighborhood of Shadow Bay. This brand-new construction has beach access by boat to the Gulf of Mexico. As you step inside, you'll immediately notice the incredible attention to detail, with high ceilings and thoughtfully designed finishes that create a warm, inviting space. The open layout allows for plenty of natural light, making the home feel bright and spacious. The master bedroom faces the water, giving you stunning views the moment you wake up. It features gorgeous tile work, a luxurious shower, and a large walk-in closet a perfect blend of comfort and elegance.
    250 days
    |
    315
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Koleno 804-656-5007,

    Beycome of Florida LLC

    Source: CPAR,MLS#: 781932MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11.6 x 12.7
      Bedroom
      • Level: Second
      • Dimensions: 14.6 x 12.4
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 1,793
      • Total interior livable area: 1,793 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Covered, Patio
      • Fencing: Partial
      • On waterfront: Yes
      • Waterfront features: Creek
      Lot
      • Size: 0.25 Acres
      • Dimensions: 36 x 132
      • Features: Sprinkler System
      Details
      • Parcel number: 06616708000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Shadow Bay Unit 5
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $223/sqft
      • Tax assessed value: $30,500
      • Annual tax amount: $300
      • Date on market: 11/21/2025
      • Cumulative days on market: 364 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Price change$399,000-2.4%$223/sqft
        Source: CPAR #781932 Report a problem
        4/24/2026Price change$409,000-1.2%$228/sqft
        Source: CPAR #781932 Report a problem
        11/21/2025Listed for sale$414,000$231/sqft
        Source: CPAR #781932 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$396 +12.1%$27,830 +10%
        2023$353 +18.9%$25,300 +10%
        2022$297 $23,000
        2021-- --
        2020$265 +11%$19,653 +10%
        2019$239 $17,866
        2018$239 +4.6%$17,866 +1.9%
        2017$228 -1.8%$17,540 +0.3%
        2016$233 -4.3%$17,488 +1%
        2015$243 $17,316 +0.5%
        2014$243 $17,230
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32404

        Getting around

        11 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Callaway
        • Middle: Rutherford Middle
        • High: Rutherford

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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