7 months on rocket

6500 Bridge Water Way Unit 505, Panama City Beach, FL, 32407

$470,000

Home List Price

$5,581*

Closing Credit

2 Bedrooms
2 Full Baths
1,447 SqFt
$325/SqFt
Condo

Location

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6500 Bridge Water Way Unit 505, Panama City Beach$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Garage Door Opener, Permit Required
Garage1 space
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBay, Dock, Boat Slip, Boat Ramp, Boat Lift, Dock Access, Sandy Shoreline
ViewBay
MLS #756597
StatusActive

About 6500 Bridge Water Way Unit 505

REDUCED! A boaters Paradise as this gorgeous unit is being sold with a Deeded boat slip (10,000 lbs lift # 58) and garage (B-12). Hibiscus is a gated community on a 10 acre peninsula, with a private Marina and best kept secret. This stunning fully furnished unit sits on the 5th floor next to the elevator and pristine views of the St. Andrew Bay and Hathaway Bridge. Both Master and Living room face East for stunning sunrises and Bay Views. Great views sitting in the living room with hurricane resistance brand new sliding glass doors that open to a large 200 square foot private balcony. Interior of the unit, you will find a luxurious finishing with crown molding, ceramic tile, new herringbone pattern flooring throughout. Master bedroom has stunning views of the Bay and master bath has been fully remodeled to include step in shower, jet tub, double vanity, and large closet. The ample kitchen has also been upgraded with stainless steel appliances and granite counters. The laundry room has a new washer and drier, and has been remodeled as a private room where washer/drier is not visible. New Air Cond and heater in 2023. The deeded boat slip is close to the open water and deep with easy and quick access to the Gulf of Mexico. Enjoy the peace and privacy as there is No Short Term Rentals allowed. Amenities include Tennis Courts, Basketball, Dog walking areas, Fire Pit area, 500 foot long fishing pier, community room, and swimming pools etc. Close proximity to beaches, restaurants and shopping. Bayside Marina is just next door to refuel your boat, acquire bait and goodies. The HOA fees have been reduced and all improvements completed. Make an offer, dock your boat on your private slip....and lets go FISHING!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2005
  • Living Area: 1,447 SqFt

Listing Office:

  • Office Name: Coastal Sun Realty LLC

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood
  • Interior: Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay, Dock, Boat Slip, Boat Ramp, Boat Lift, Dock Access, Sandy Shoreline
  • View: Bay
  • Exterior: Balcony, Pool

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage, Garage Door Opener, Permit Required

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Highway 98 to Wildwood, turn right on Bridge Water Way, Hibiscus By the Bay Condos are at the end of the road. Gate code is required.

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $325/SqFt

HOA Fees:

  • Amount: $950
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,295
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

6500 Bridge Water Way Unit 505 vs Panama City Beach

232 DAYS ON ROCKET

+128 Days

$470,000

+$15.4K More

$325/SqFt

+$4 More

KEY TAKEAWAY

This property is $15.4K more than the Median Sold Price and $4/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #756597

Listing Office:

  • Office Name: Coastal Sun Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 01, 2019Home Sold
$275,000
Apr 20, 2017Home Sold
$230,000
Sep 26, 2005Home Sold
$267,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,295$233,240
2018$2,540$199,750
2017$2,549$199,110

History based on county public records data.

Payment Calculator

$3,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1121235
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.25 miles

  • Public District Grades KG-5

school-card-donut-1121236
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 2.69 miles

  • Public District Grades PK-5

school-card-donut-1121237
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 3.93 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,017. The majority of Panama City Beach, FL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6500 Bridge Water Way Unit 505

What is the listing price of this property?

The listing price of 6500 Bridge Water Way Unit 505 property is $470,000.

What type of property is this?

The property 6500 Bridge Water Way Unit 505 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 6500 Bridge Water Way Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,295 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 1, 2019 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6500 Bridge Water Way Unit 505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6500 Bridge Water Way Unit 505 is 1,447 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6500 Bridge Water Way Unit 505 is 2005.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›6500 Bridge Water Way Unit 505

This home is located at 6500 Bridge Water Way Unit 505 in Panama City Beach, FL and zip code 32407. This 1,447 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $470,000.

Panama City Beach, FL housing market in November 2024 saw over 8 listings sold above listed price, more than 25 sold at listed price and over 90 sold below. Between October 2024 and November 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 1%. While the average time on the market in November 2024 was 104 days, the median list price was $454,516.

From Rocket Homes Real Estate and based on county public records data.

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