Rare opportunity in Bay Point!! Deepwater canal home with water views from BOTH the front and back of the property. One of the only homes in the community positioned this way, offering a truly unique setting you don't see often.
One of the few canal homes located east of the Bonefish Bridge, there are no boat height restrictions -ideal for serious boaters. The property features a 10,000 lb lift, ample space to accommodate a second large vessel, and a spacious dock sitting area...perfect for relaxing and watching boats come and go.
Inside, the home is designed for both comfort and entertaining with an open kitchen, dining, and living layout, enhanced by abundant windows that bring in natural light and capture water views from multiple angles. Plantation shutters line the front of the home, allowing you to fully open up or create privacy as needed.
The kitchen offers custom cabinetry, a gas range, wine cooler, and a seamless flow into the main living areas.
The primary suite is oversized and positioned to take full advantage of canal views, complete with a private sitting area. The en-suite bathroom features a soaking tub, a large walk-in shower, and separate his-and-her walk-in closets.
The second bedroom also overlooks the canal and includes a flex space with doors--perfect for an office, playroom, or additional sleeping area. A third generously sized bedroom shares a bathroom with the second.
The outdoor space is just as impressive, featuring a pool, spa, and large paver deck all enclosed for year-round enjoyment.
Additional highlights include two golf cart garages, ideal for storage, beach gear, or all the extras that come with Bay Point living! As well as a Rinnai tankless water heater.
Conveniently located near the back gate for quick access to Navy Blvd, making getting in and out of the community easy.
This is a standout waterfront property in Bay Point - offering flexibility, boating access, and views that are hard to replicate.
*Some photos have been Virtuality Staged*
For sale
Price cut: $50K (5/14)
$1,450,000
559 Wahoo Rd, Panama City Beach, FL 32408
3beds
2,122sqft
Single Family Residence
Built in 1973
10,018 Square Feet Lot
$1,349,000 Zestimate®
$683/sqft
$-- HOA
What's special
Third generously sized bedroomGas rangeCustom cabinetryPlantation shuttersLarge walk-in showerWine coolerSeparate his-and-her walk-in closets
- 55 days |
- 838 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
Mia Nadeau 229-220-0101,
Beachy Beach Real Estate
Source: CPAR,MLS#: 789224
Originating MLS: Central Panhandle Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Kitchen, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 24 x 14
Family room
- Level: First
- Dimensions: 27 x 25
Kitchen
- Level: First
- Dimensions: 11 x 24
Heating
- Natural Gas
Appliances
- Included: Gas Cooktop, Ice Maker
Features
- Double Vanity, Main Level Primary, Sitting Area in Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Boat Lift, Covered Patio, Deck
- Has private pool: Yes
- Pool features: Gas Heat, In Ground, Screen Enclosure, Private
- Has view: Yes
- View description: Bay, Canal, Lagoon, Water
- Has water view: Yes
- Water view: Bay,Canal,Lagoon,Water
- Waterfront features: Bayfront, Canal Access, Lagoon, Seawall
Lot
- Size: 10,018 Square Feet
- Dimensions: 80 x 125
Details
- Parcel number: 30933393000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1973
Community & HOA
Community
- Subdivision: Bay Point Unit 1
HOA
- Has HOA: Yes
- Amenities included: Gated
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $683/sqft
- Tax assessed value: $713,961
- Annual tax amount: $8,709
- Date on market: 5/1/2026
- Cumulative days on market: 42 days
Estimated market value
$1,349,000
$1.28M - $1.42M
$3,195/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $1,450,000-3.3%$683/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $1,500,000+15.4%$707/sqft |
Source: | ||
| 4/22/2024 | Sold | $1,300,000+91.2%$613/sqft |
Source: | ||
| 7/13/2020 | Sold | $680,000-2.7%$320/sqft |
Source: | ||
| 6/9/2020 | Listed for sale | $699,000+29.4%$329/sqft |
Source: Counts Real Estate Group Inc #698333 Report a problem | ||
| 11/13/2018 | Sold | $540,000$254/sqft |
Source: Public Record Report a problem | ||
| 8/31/2018 | Sold | $540,000-9.8%$254/sqft |
Source: | ||
| 8/31/2018 | Listed for sale | $599,000$282/sqft |
Source: Keller Williams Success Realty #660332 Report a problem | ||
| 8/12/2018 | Pending sale | $599,000$282/sqft |
Source: Keller Williams Success Realty #660332 Report a problem | ||
| 3/27/2018 | Price change | $599,000-14.3%$282/sqft |
Source: Keller Williams Success Realty #660332 Report a problem | ||
| 9/13/2017 | Price change | $699,000-6.7%$329/sqft |
Source: Panama City Beach #660332 Report a problem | ||
| 6/18/2017 | Price change | $749,000+5.5%$353/sqft |
Source: Owner Report a problem | ||
| 6/16/2017 | Listed for sale | $710,000+9.4%$335/sqft |
Source: Owner Report a problem | ||
| 9/14/2016 | Listing removed | $649,000$306/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #644164 Report a problem | ||
| 8/3/2016 | Price change | $649,000-7.2%$306/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #644164 Report a problem | ||
| 3/31/2016 | Listed for sale | $699,000$329/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #644164 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,709 +7.8% | $698,903 +10% |
| 2023 | $8,077 +20.2% | $635,366 +10% |
| 2022 | $6,721 | $577,605 |
| 2021 | -- | -- |
| 2020 | $4,672 +1.5% | $418,474 +13% |
| 2019 | $4,603 | $370,344 -9.8% |
| 2018 | $4,603 -11.2% | $410,690 +5% |
| 2017 | $5,181 +4.3% | $391,105 -0.3% |
| 2016 | $4,969 -5.1% | $392,430 -0.3% |
| 2015 | $5,237 | $393,755 -2.5% |
| 2014 | $5,237 | $404,029 +18.8% |
| 2013 | -- | $340,060 -1.3% |
| 2012 | -- | $344,407 +6.1% |
| 2011 | -- | $324,637 +1.5% |
| 2010 | -- | $319,839 +3.1% |
| 2009 | -- | $310,239 +0.1% |
| 2008 | -- | $309,929 +3% |
| 2007 | -- | $300,884 +4.4% |
| 2006 | -- | $288,322 +3% |
| 2005 | -- | $279,924 +3% |
| 2004 | -- | $271,771 +3.2% |
| 2003 | -- | $263,272 +2.4% |
| 2002 | -- | $257,102 +1.6% |
| 2001 | -- | $253,053 +3% |
| 2000 | -- | $245,683 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Climate risks
Neighborhood: Upper Grand Lagoon
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 8 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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