CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACK UP OFFERS Canal-front living with direct Gulf access defines this exceptional home at 523 Wahoo Road in the gated Bay Point community of Panama City Beach. Set along a wide canal in one of the area's most established marina neighborhoods, this 4-bedroom, 3-bath residence offers approximately 2,820 square feet of thoughtfully designed coastal living with effortless boating convenience.
The main living areas are oriented to showcase tranquil water views, with large windows and easy flow to the outdoor spaces. A spacious, open design connects both living rooms, the dining area, and the kitchen, creating an inviting layout ideal for everyday living and entertaining. Distinctive sunken living rooms add architectural character and warmth, providing comfortable gathering spaces with timeless appeal.
The kitchen features generous counter space, abundant cabinetry, and a functional layout suited for everything from casual mornings to hosting family and guests. The privately situated primary suite captures canal views and offers ample 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 this property well suited as either a primary residence or a coastal second home.
Outdoor living is central to the appeal of this canal-front property. With direct access to the Gulf of Mexico, it is ideal for boating, fishing, and exploring the surrounding waterways. The waterfront setting offers room to relax, dine, and enjoy the peaceful canal views throughout the year.
Located within Bay Point, a gated marina and golf community in Panama City Beach, residents benefit from controlled access, optional golf and tennis, nearby dining, and convenient proximity to local beaches, marinas, and area amenities. This combination of secure, established neighborhood setting and direct boating access to the Gulf makes 523 Wahoo Road a rare opportunity for spacious canal-front living in one of Panama City Beach's most desirable coastal communities.
Pending
$1,070,000
523 Wahoo Rd, Panama City Beach, FL 32408
4beds
2,820sqft
Single Family Residence
Built in 1980
10,018 Square Feet Lot
$991,200 Zestimate®
$379/sqft
$158/mo HOA
What's special
Large windows
- 114 days
- 1,083
- 55
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#: 790307
Originating MLS: Central Panhandle Association of REALTORS
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
- Double Vanity, Interior Steps, Main Level Primary, Sauna, Walk-In Closet(s)
- 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, Water
- Has water view: Yes
- Water view: Canal,Water
- 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
- Services included: Association Management, Legal/Accounting, Maintenance Grounds, Security
- HOA fee: $1,900 annually
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: 449 days
- Electric utility on property: Yes
Estimated market value
$991,200
$942,000 - $1.04M
$3,904/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Pending sale | $1,070,000$379/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $1,070,000-3.6%$379/sqft |
Source: | ||
| 5/17/2026 | Listing removed | $1,110,000$394/sqft |
Source: | ||
| 4/24/2026 | Price change | $1,110,0000%$394/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $1,110,500$394/sqft |
Source: | ||
| 2/16/2026 | Listing removed | $1,110,500$394/sqft |
Source: | ||
| 1/7/2026 | Price change | $1,110,500+0%$394/sqft |
Source: | ||
| 11/3/2025 | Price change | $1,110,000-7.3%$394/sqft |
Source: | ||
| 8/27/2025 | Price change | $1,198,000-0.1%$425/sqft |
Source: | ||
| 7/24/2025 | Price change | $1,199,000-4.1%$425/sqft |
Source: | ||
| 5/8/2025 | Listed for sale | $1,250,000+242.5%$443/sqft |
Source: | ||
| 10/25/2011 | Sold | $365,000-11%$129/sqft |
Source: Public Record Report a problem | ||
| 10/7/2011 | Listed for sale | $410,000$145/sqft |
Source: Counts Real Estate Group #500664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
Payment breakdown
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Neighborhood: Upper Grand Lagoon
Nearby schools
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.




