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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
    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.
    4 days
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    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#: 786958MLS LogoOriginating 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
        DateEventPrice
        3/18/2026Price change$525,000+5.2%
        Source: CPAR #786958 Report a problem
        5/22/2025Price change$499,000-3.1%
        Source: CPAR #762890 Report a problem
        4/11/2025Price change$515,000-6.4%
        Source: CPAR #762890 Report a problem
        12/27/2024Listed for sale$550,000
        Source: CPAR #762890 Report a problem
        11/17/2024Pending sale$550,000
        Source: CPAR #762890 Report a problem
        9/19/2024Listed for sale$550,000+54.9%
        Source: CPAR #762890 Report a problem
        8/23/2023Sold$355,000-25.3%
        Source: CPAR #732217 Report a problem
        8/16/2023Pending sale$475,000
        Source: CPAR #732217 Report a problem
        7/21/2023Price change$475,000-7.8%
        Source: CPAR #732217 Report a problem
        3/24/2023Price change$515,000-1.9%
        Source: CPAR #732217 Report a problem
        9/14/2022Listed for sale$525,000+162.5%
        Source: CPAR #732217 Report a problem
        3/29/2011Sold$200,000+18%
        Source: Public Record Report a problem
        9/27/2002Sold$169,500+5.9%
        Source: Public Record Report a problem
        1/17/2001Sold$160,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: Upper Grand Lagoon

        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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