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Sold for $425,000
  • $425,000

    481 Wahoo Rd, Panama City Beach, FL 32408

    --beds
    --baths
    0.34Acres
    Unimproved Land
    Built in ----
    0.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,122 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,122/mo

    Zestimate® history
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    What's special

    'UNDER CONTRACT SELLER WILL CONSIDER BACK UP OFFERS' Don't miss this rare opportunity to own one of the few remaining waterfront vacant lots in the highly sought-after gated Bay Point community. This already-cleared .338-acre lot is tucked away on a quiet cul-de-sac and offers 66 feet of pristine canal frontage, complete with a durable vinyl seawall and a brand-new concrete dock with pilings—ready to accommodate your coastal lifestyle. Enjoy the convenience of being just moments from the Thomas Drive back gate, providing quick and easy access in and out of the neighborhood. With underground utilities already in place and water, sewer, and gas readily available nearby, this homesite is primed for your dream build. Tucked securely within Bay Point's gated community, you'll experience a range of top-notch amenities, including 24-hour roving security, a prestigious golf club featuring the exclusive Nicklaus Golf Course (the only one of its kind in Northwest Florida), Point South Marina, a state-of-the-art full-service marina with a fuel dock and slips accommodating boats up to 120 feet. Buyer to verify all important information.

    Zillow last checked: 8 hours ago

    Listing updated: January 06, 2026 at 03:54am

    Listed by:

    Zack Seltzer 850-235-0578,

    Seltzer Real Estate, LLC

    Bought with:

    The Sanchez Group

    Think Real Estate

    Source: CPAR,MLS#: 773655MLS 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, Seawall
    • Frontage length: 66
    Lot
    • Size: 0.34 Acres
    • Dimensions: 50 x 117 x 143 x 66 x 146
    • Features: Cul-De-Sac, Paved
    Details
    • Parcel number: 30933430000
    • Zoning description: County, Resid Single Family
    • Special conditions: Listed As-Is

    Utilities & green energy

    • Utilities for property: Sewer Available

    Community & neighborhood

    Security
    • Security features: 24 Hour Security, Security Guard
    Community
    • Community features: Gated
    Location
    • Region: Panama City Beach
    • Subdivision: Bay Point Unit 1

    Price history

    DateEventPrice
    10/31/2025Sold$425,000-14.1%
    Source: CPAR #773655 Report a problem
    9/3/2025Pending sale$495,000
    Source: CPAR #773655 Report a problem
    8/11/2025Contingent$495,000
    Source: CPAR #773655 Report a problem
    8/8/2025Pending sale$495,000
    Source: CPAR #773655 Report a problem
    5/19/2025Listed for sale$495,000+343.9%
    Source: CPAR #773655 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,959 +27.5%$240,810 +44.7%
    2023$2,321 +18.5%$166,399 +10%
    2022$1,958 $151,272

    Find assessor info on the county website

    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.