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For sale
  • $3,150,000

    550 Wahoo Rd, Panama City Beach, FL 32408

    6beds
    7,240sqft
    : 
    $20,374/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    0.44 Acres Lot
    $-- Zestimate®
    $435/sqft
    $146/mo HOA

    What's special

    Second-floor patio accessHalf bathHigh ceilingsPaver stone terraceOutdoor wet barTheater roomSweeping staircase
    This is a property you must see to believe. With over 7,200 sq. ft. of heated and cooled living space, 6 bedrooms, 5 bathrooms, 2 half baths, an office, a theater room, entertainment area w/ built-in wet bar and an expansive outdoor oasis, this home can accommodate a very large amount of people comfortably. The grand foyer entrance sets the tone for the rest of the home with high ceilings & large window for plenty of natural light. Speaking of natural light, there are windows & glass doors along the entire back of the home offering beautiful views from almost every room w/ access to the first- and second-floor patios. Located on the 1st floor is the primary suite w/ a fireplace and massive bathroom. The bathroom features double vanities, a double entry walk-through tiled shower, stand-alone copper soaking tub, separate water closet, two walk-in closets that both have shelving & drawers built-in, plus an additional linen closet. Also, on the 1st floor, there is an additional large suite with private bathroom featuring a custom tile shower. The gourmet kitchen boasts plenty of counter space & cabinetry, breakfast nook, high-end Liebherr Refrigerator, beverage cooler, undercounter ice maker & a double drawer Monogram cooling center. Need to prepare for a large meal or big party? No problem! This kitchen has a professional-grade 5 Star gas stove w/ 6 burners, grill plate, griddle, decorative tile hood vent, double ovens w/ additional warming rack, separate undercounter warming rack built into the island, and a pot filler! Cleanup is a breeze w/ 3 separate sinks, including 1 farmhouse & 1 prep sink & 2 Bosch Silence Plus dishwashers. With a separate butler's pantry, half bath, wine cellar & formal dining room, you can feel confident hosting that big event, sports viewing, or any other get-together you may have! The open kitchen/living area is an entertainer's dream and the double-sided fireplace that is also shared w/ the office creates a nice ambiance. On the second floor, you are greeted at the top of the sweeping staircase w/ a 19' x 29' landing area complete w/ custom wet bar including a microwave, dishwasher, beverage cooler & undercounter ice maker. All this with beautiful water views & second-floor patio access. The second floor also features a 12-seat theater room w/ leather recliners, perfect for movie nights, gaming, or simply relaxing. There are 3 bedrooms on this floor, all offering a unique experience. One bedroom has its own private en suite, a steam shower center & access to the patio. Another bedroom has a cute reading nook & additional large room that could be used for storage, crafts or many other options. The last room on this floor would be great for guests w/ a full bathroom just outside of its door & access to the patio. The 3rd floor ''Eagle's Nest'' is another great flex area. It has a bedroom w/ private en suite, plus amazing views of the lagoon. Outside is breathtaking, w/ a beautifully landscaped yard that includes a paver stone terrace, two built-in paver fireplaces w/ matching seating built around them for enjoying those nice evenings sitting by the water. The pool w/ built-in hot tub & the outdoor wet bar are perfect for those hot summer days... grab a drink, jump in & cool off or warm up & relax in the spa. The seawall was redone within the last three years, and composite decking was added all the way around for hassle-free maintenance. With over $500,000 in upgrades & additions, this property offers a level of quality, functionality, and luxury that is truly hard to find. The laundry room has built-in cabinets, there is a home generator, an elevator, multiple storage closets, high ceilings, ceiling fans throughout, travertine floors, and a tile roof that is less than ten years old. This home has it all! Don't miss the opportunity to own this elegant home in the highly sought-after Bay Point Community. This is more than a home-it is an exceptional waterfront lifestyle.
    24 days
    1,124
    58

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Dunnigan 850-527-9744,

    Coastal Choice Realty LLC,

    Dennis M Dunnigan 850-258-3880,

    Coastal Choice Realty LLC

    Source: CPAR,MLS#: 794863MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bedroom, Primary Bedroom, Media Room, Office, Bonus Room
      Primary bedroom
      • Description: Verify if important
      • Level: First
      • Dimensions: 17 x 22
      Bedroom
      • Description: Verify if important
      • Level: First
      • Dimensions: 13.5 x 21
      Bedroom
      • Description: Verify if important
      • Level: Second
      • Dimensions: 11.5 x 21
      Bedroom
      • Description: Verify if important
      • Level: Third
      • Dimensions: 11.5 x 14.5
      Media room
      • Description: Verify if important
      • Level: Second
      • Dimensions: 13.5 x 20
      Office
      • Description: Verify if important
      • Level: First
      • Dimensions: 11.5 x 20
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s), Ductless
      Appliances
      • Included: Bar Fridge, Gas Oven, Gas Range, Ice Maker, Warming Drawer
      Features
      • Double Vanity, Fireplace, Interior Steps, Bath in Primary Bedroom, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
      • Has fireplace: Yes
      Interior area
      • Total structure area: 7,240
      • Total interior livable area: 7,240 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Additional Parking, Gated
      • Garage spaces: 4
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Deck, Covered, Patio, Porch
      • Exterior features: Deck
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lagoon, Seawall
      Lot
      • Size: 0.44 Acres
      • Features: Cul-De-Sac, Sprinkler System, Paved
      Details
      • Parcel number: 31259598000
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Golf, Marina, Waterfront, Gated, Short Term Rental Allowed
      • Security: Gated with Guard, Gated Community, Security Gate, Security Service
      • Subdivision: Bonefish Pointe
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Gazebo
      • Services included: Association Management
      • HOA fee: $1,750 annually
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $435/sqft
      • Tax assessed value: $2,073,956
      • Annual tax amount: $23,989
      • Date on market: 9/1/2026
      • Cumulative days on market: 25 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/1/2026Listed for sale$3,150,000+27.5%$435/sqft
        Source: CPAR #794863 Report a problem
        2/28/2023Sold$2,470,000-1.1%$341/sqft
        Source: Public Record Report a problem
        12/14/2022Contingent$2,498,000$345/sqft
        Source: CPAR #731370 Report a problem
        8/26/2022Listed for sale$2,498,000+0.3%$345/sqft
        Source: CPAR #731370 Report a problem
        4/13/2022Listing removed--
        Source: CPAR #720941 Report a problem
        3/16/2022Price change$2,490,000-7.4%$344/sqft
        Source: CPAR #720941 Report a problem
        2/1/2022Listed for sale$2,690,000+115.2%$372/sqft
        Source: CPAR #720941 Report a problem
        11/18/2021Sold$1,250,000-16.7%$173/sqft
        Source: CPAR #709949 Report a problem
        10/20/2021Pending sale$1,500,000+185.3%$207/sqft
        Source: CPAR #709949 Report a problem
        12/15/2020Sold$525,800-72%$73/sqft
        Source: Public Record Report a problem
        2/8/2017Listing removed$1,875,000$259/sqft
        Source: CENTURY 21 Blue Marlin #746005 Report a problem
        6/9/2016Price change$1,875,000-16.7%$259/sqft
        Source: CENTURY 21 Blue Marlin #746005 Report a problem
        4/1/2016Price change$2,250,000-10%$311/sqft
        Source: CENTURY 21 Blue Marlin #746005 Report a problem
        2/8/2016Listed for sale$2,500,000+38.9%$345/sqft
        Source: Century 21 Blue Marlin #746005 Report a problem
        1/19/2015Listing removed$1,800,000$249/sqft
        Source: COUNTS REAL ESTATE GROUP INC #710157 Report a problem
        11/15/2014Price change$1,800,000-14.3%$249/sqft
        Source: Counts Real Estate Group Inc #710157 Report a problem
        9/4/2014Price change$2,100,000+16.7%$290/sqft
        Source: Owner Report a problem
        7/9/2014Price change$1,800,000-21.7%$249/sqft
        Source: Owner Report a problem
        6/18/2014Price change$2,300,000+76.9%$318/sqft
        Source: Owner Report a problem
        6/15/2014Listed for sale$1,300,000+8.3%$180/sqft
        Source: Owner Report a problem
        6/19/2012Sold$1,200,000+429.8%$166/sqft
        Source: CPAR #603283 Report a problem
        10/9/2002Sold$226,500$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$24,989 -3.3%$2,073,956 -1.2%
        2024$25,841 +66%$2,099,500 +75.9%
        2023$15,571 +23.7%$1,193,291 +10%
        2022$12,587 $1,084,810
        2021-- --
        2020$12,391 -1%$1,052,963 +0.2%
        2019$12,513 $1,050,346 -0.6%
        2018$12,513 -2.2%$1,056,654 -1.6%
        2017$12,793 -5.8%$1,074,224 +3.7%
        2016$13,578 -1.5%$1,036,224 -0.5%
        2015$13,786 $1,041,564 -5.1%
        2014$13,786 $1,097,853 -0.6%
        2013-- $1,104,993 +25.1%
        2012-- $883,553 -1%
        2011-- $892,253 +3.7%
        2010-- $860,314 +2.7%
        2009-- $837,696 +0.1%
        2008-- $836,859 -12.5%
        2007-- $956,481
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Upper Grand Lagoon

        Getting around

        13 / 100
        Car-Dependent
        52 / 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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