Rare opportunity to own a stunning waterfront homesite in the highly sought-after gated community of Bay Point in Panama City Beach. Perfectly positioned along the canal with direct access to the Grand Lagoon and Gulf, this spacious lot offers the ideal setting to design and build your custom coastal home.
Enjoy beautiful water views, gentle breezes, and the ultimate Florida lifestyle right from your backyard. The seller has recently installed a new vinyl seawall and pylons, offering added value and peace of mind for future construction and boating. In addition, the seller has stunning house plans in hand for a thoughtfully designed 3,400 sq. ft. residence, giving buyers a head start on creating their dream waterfront home.
With ample space to accommodate a private dock, outdoor living areas, and a custom residence, this property provides endless possibilities for creating a luxury coastal retreat.
Located within Bay Point, a premier gated golf cart-friendly community, residents enjoy access to world-class amenities including a championship golf course, marina, tennis courts, and 24-hour security. Conveniently situated just minutes from beaches, dining, shopping, and St. Andrews State Park.
Whether you're looking to build a full-time residence, second home, or investment property, this exceptional lot offers both location and lifestyle. Don't miss this chance to secure one of the few remaining waterfront lots in Bay Point.
Lot/land
Price increase: $26K (3/18)
$525,000
409 Wahoo Rd, Panama City Beach, FL 32408
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stunning waterfront homesiteBeautiful water viewsGentle breezes
- 4 days |
- 145 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 07:41am
Listed by:
Kelli Sims 850-294-8379,
Sims Resort Realty, Inc
Source: CPAR,MLS#: 786958
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Gulf Access
- Frontage length: 70
Lot
- Size: 8,712 Square Feet
- Dimensions: 70.5 x 126 x 93.7 x 125
- Features: Paved
Details
- Parcel number: 30933466000
- Zoning description: Resid Single Family
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Features: Gated
- Security: 24 Hour Security, Security Guard
- Subdivision: Bay Point Unit 1
HOA
- Has HOA: Yes
- Amenities included: Gated
Location
- Region: Panama City Beach
Financial & listing details
- Tax assessed value: $304,210
- Annual tax amount: $3,738
- Date on market: 3/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,945/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Price change | $525,000+5.2% |
Source: | ||
| 5/22/2025 | Price change | $499,000-3.1% |
Source: | ||
| 4/11/2025 | Price change | $515,000-6.4% |
Source: | ||
| 12/27/2024 | Listed for sale | $550,000 |
Source: | ||
| 11/17/2024 | Pending sale | $550,000 |
Source: | ||
| 9/19/2024 | Listed for sale | $550,000+54.9% |
Source: | ||
| 8/23/2023 | Sold | $355,000-25.3% |
Source: | ||
| 8/16/2023 | Pending sale | $475,000 |
Source: | ||
| 7/21/2023 | Price change | $475,000-7.8% |
Source: | ||
| 3/24/2023 | Price change | $515,000-1.9% |
Source: | ||
| 9/14/2022 | Listed for sale | $525,000+162.5% |
Source: | ||
| 3/29/2011 | Sold | $200,000+18% |
Source: Public Record Report a problem | ||
| 9/27/2002 | Sold | $169,500+5.9% |
Source: Public Record Report a problem | ||
| 1/17/2001 | Sold | $160,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,738 +27.3% | $304,210 +44.2% |
| 2023 | $2,938 +18.5% | $210,922 +10% |
| 2022 | $2,479 | $191,747 |
| 2021 | -- | -- |
| 2020 | $2,192 +6.1% | $180,000 +10% |
| 2019 | $2,066 | $163,636 +10% |
| 2018 | $2,066 +3.1% | $148,760 +10% |
| 2017 | $2,004 +17.6% | $135,236 |
| 2016 | $1,704 -2.8% | $135,236 +1.8% |
| 2015 | $1,753 | $132,852 -2.7% |
| 2014 | $1,753 | $136,504 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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Neighborhood: Upper Grand Lagoon
Nearby schools
GreatSchools rating
- 8/10Patronis Elementary SchoolGrades: K-5Distance: 1.5 mi
- 7/10Surfside Middle SchoolGrades: 6-8Distance: 7.3 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.4 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.
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