Welcome to waterfront luxury living in the highly desirable, gated community of Hibiscus by the Bay. This beautifully updated condo offers the perfect blend of comfort, elegance, and a relaxed coastal lifestyle. From your spacious private balcony, enjoy breathtaking sunset views and watch dolphins play in the bay--an everyday experience that feels like a vacation. This unit includes a deeded boat slip, a rare and valuable feature that's reflected in the price, making it ideal for boating enthusiasts. Inside, the chef-inspired kitchen is equipped with stainless steel appliances, bonus cabinet space, a pantry, and convenient pull-out shelves, all flowing into an open-concept layout with wood-look ceramic tile throughout. The master suite is a true retreat, featuring tray ceilings, direct balcony access, a huge walk-in closet, and a jacuzzi-certified jetted tub. A unique bonus is the custom-built ''garage'' storage space next to the dining area, perfect for keeping your home organized and clutter-free. The community offers an impressive array of amenities including a bayfront pool and hot tub, tennis courts, pickleball and basketball courts, a fitness center, a community room for private events, a fishing pier, three gas grilling areas, a car wash station, and a private owners' lounge. The gated entrance includes two remote controls for added convenience and security. The HOA has recently decreased by $200 and now includes cable, internet, trash, water, and pest control, offering exceptional value. All of this is located just under three miles from the base and close to top-rated restaurants and the beach, yet tucked away in a peaceful, private setting that feels like your own hidden paradise.
For sale
$445,000
6504 Bridge Water Way UNIT 503, Panama City Beach, FL 32407
2beds
1,447sqft
Est.:
Condominium
Built in 2005
-- sqft lot
$428,600 Zestimate®
$308/sqft
$265/mo HOA
What's special
Beautifully updated condoTennis courtsDirect balcony accessFishing pierCar wash stationWood-look ceramic tileMaster suite
- 29 days
- on Zillow |
- 242 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 01:34pm
Listed by:
Haley R Mayer 850-819-0864,
Coldwell Banker Realty
Source: CPAR,MLS#: 774844
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Area: 238
- Dimensions: 17 x 14
Bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Living room
- Level: First
- Area: 322
- Dimensions: 23 x 14
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
- Laundry: Stacked
Features
- Pantry
Interior area
- Total interior livable area: 1,447 sqft
Property
Parking
- Parking features: Paved, Parking Lot
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Fenced, In Ground, Pool, Community
- Spa features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay Access, Boat Dock/Slip
Details
- Additional structures: Tennis Court(s)
- Parcel number: 27345200097
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2005
Community & HOA
Community
- Features: Clubhouse, Conference/Meeting Room, Fitness Center, Tennis Court(s), Waterfront, Gated, Pool
- Security: Gated Community
- Subdivision: Hibiscus By The Bay
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Clubhouse, Maintenance Grounds, Pool(s), Tennis Courts
- HOA fee: $794 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $221,000
- Annual tax amount: $2,756
- Date on market: 6/13/2025
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