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For sale
  • $1,070,000

    523 Wahoo Rd, Panama City Beach, FL 32408

    4beds
    2,820sqft
    : 
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    Single Family Residence
    Built in 1980
    10,018 Square Feet Lot
    $987,800 Zestimate®
    $379/sqft
    $-- HOA

    What's special

    Direct gulf accessWide canalExpansive windowsCanal-front living
    Canal-front living and direct Gulf access define this exceptional residence at 523 Wahoo Road in Panama City Beach. Ideally positioned along a wide canal within the highly sought-after gated community of Bay Point, this 4-bedroom, 3-bath home offers approximately 2,820 square feet designed for relaxed coastal living and effortless boating convenience. The main living spaces are thoughtfully oriented to capture tranquil water views, with expansive windows and seamless access to the outdoor entertaining areas. A spacious design connects both living rooms, dining area, and kitchen, creating an inviting atmosphere ideal for both everyday living and entertaining. The distinctive sunken living rooms add architectural character and warmth, offering a comfortable gathering space with timeless appeal. The kitchen provides generous counter space, ample storage, and a functional layout suited for everything from casual mornings to hosting family and guests. The primary suite is privately situated away from the secondary bedrooms and features water views, generous closet space, and an en suite bath designed for comfort and privacy. Three additional bedrooms and two full baths provide flexibility for guests, a home office, or additional living space, making the home equally suited as a primary residence or coastal retreat. Outdoor living is central to the experience of this property. The canal-front setting offers direct access to the Gulf of Mexico, making it ideal for boating, fishing, and exploring the surrounding waterways. The outdoor space provides room to relax, dine, and enjoy the peaceful waterfront setting year-round. Located within the established marina community of Bay Point, residents enjoy gated security, golf, tennis, nearby dining, and convenient access to the beaches and amenities of Panama City Beach, all while maintaining the privacy and tranquility of waterfront living. 523 Wahoo Road presents a rare opportunity to enjoy spacious canal-front living with direct Gulf access in one of Panama City Beach's most established coastal communities.
    20 days
    |
    2,169
    |
    110
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer L Drew 850-358-3892,

    Corcoran Reverie,

    Kelly P Jenkins 850-714-7020,

    Corcoran Reverie

    Source: CPAR,MLS#: 790307MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Dining Room, Family Room, Kitchen, Living Room
      Dining room
      • Description: None
      • Level: First
      • Dimensions: 18 x 12
      Family room
      • Description: None
      • Level: First
      • Dimensions: 18 x 13
      Kitchen
      • Description: None
      • Level: First
      • Dimensions: 18 x 12
      Living room
      • Description: None
      • Level: First
      • Dimensions: 18 x 12
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Bar Fridge, Electric Cooktop
      Features
      • Interior Steps
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,820
      • Total interior livable area: 2,820 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Gated
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Deck, Patio
      • Exterior features: Barbecue, Covered Patio, Deck, Dock, Patio, Fire Pit
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Fencing: Partial
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Access, Seawall
      • Frontage length: 80'
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 80 x 125
      Details
      • Parcel number: 30933409000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: Fishing, Golf, Marina, Waterfront, Barbecue, Gated
      • Security: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Gate, Security Service
      • Subdivision: Bay Point Unit 1
      HOA
      • Has HOA: Yes
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $379/sqft
      • Tax assessed value: $486,917
      • Annual tax amount: $3,868
      • Date on market: 5/23/2026
      • Cumulative days on market: 360 days
      • Electric utility on property: Yes
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        Estimated market value

        $987,800

        $938,000 - $1.04M

        $3,600/mo

        Price history

        DateEventPrice
        5/23/2026Listed for sale$1,070,000-3.6%$379/sqft
        Source: CPAR #790307 Report a problem
        5/17/2026Listing removed$1,110,000$394/sqft
        Source: CPAR #772628 Report a problem
        4/24/2026Price change$1,110,0000%$394/sqft
        Source: CPAR #772628 Report a problem
        3/31/2026Listed for sale$1,110,500$394/sqft
        Source: CPAR #772628 Report a problem
        2/16/2026Listing removed$1,110,500$394/sqft
        Source: CPAR #772628 Report a problem
        1/7/2026Price change$1,110,500+0%$394/sqft
        Source: CPAR #772628 Report a problem
        11/3/2025Price change$1,110,000-7.3%$394/sqft
        Source: CPAR #772628 Report a problem
        8/27/2025Price change$1,198,000-0.1%$425/sqft
        Source: CPAR #772628 Report a problem
        7/24/2025Price change$1,199,000-4.1%$425/sqft
        Source: CPAR #772628 Report a problem
        5/8/2025Listed for sale$1,250,000+242.5%$443/sqft
        Source: CPAR #772628 Report a problem
        10/25/2011Sold$365,000-11%$129/sqft
        Source: Public Record Report a problem
        10/7/2011Listed for sale$410,000$145/sqft
        Source: Counts Real Estate Group #500664 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,749 +1.6%$341,041 +3%
        2023$3,692 +10.7%$331,108 +2.5%
        2022$3,335 $322,964
        2021-- --
        2020$3,343 +1.4%$309,228 +2.3%
        2019$3,297 $302,276 +1.9%
        2018$3,297 +0.5%$296,640 +2.1%
        2017$3,280 +1.6%$290,539 -0.4%
        2016$3,230 -4.5%$291,705 +0.5%
        2015$3,384 $290,256 -1.6%
        2014$3,384 $294,907 -1.2%
        2013-- $298,369 -3.2%
        2012-- $308,136 +32%
        2011-- $233,439 +2.2%
        2010-- $228,414 +2.7%
        2009-- $222,409 +0.1%
        2008-- $222,187 +3%
        2007-- $215,716 +2.5%
        2006-- $210,455 +3%
        2005-- $204,325 +3%
        2004-- $198,374 +2.7%
        2003-- $193,203 +2.4%
        2002-- $188,675 +1.6%
        2001-- $185,704 +3%
        2000-- $180,301

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: Upper Grand Lagoon

          Getting around

          31 / 100
          Car-Dependent
          60 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Patronis
          • Middle: Surfside
          • High: Arnold

          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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