$360,000
Panama City Beach, FL 32407
MLS# 780512
2 beds | 2 baths | 1447 sqft
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Property Description
This beautifully furnished 5th-floor condo at Hibiscus by the Bay captures breathtaking views of St. Andrew Bay and the Hathaway Bridge. Positioned perfectly for sunrise, both the living room and primary suite face east and open to a spacious 200 sq. ft. balcony through brand-new hurricane-rated sliding glass doors—the ideal spot for morning coffee or evening relaxation. Inside, the condo blends comfort and style with crown molding, and updated flooring throughout. The kitchen features granite countertops, stainless steel appliances (2021), and abundant cabinetry. The primary suite overlooks the bay and offers a fully remodeled bath complete with a step-in shower, jetted tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC (2023), hot water heater (2023), and washer/dryer (2024) for worry-free ownership. Set within a gated 10-acre peninsula with a private marina, Hibiscus by the Bay delivers resort-style living without the short-term rental turnover. Amenities include two pools, tennis and basketball courts, dog-walking areas, a fire pit, 500-ft fishing pier, and a clubhouse. Nearly $7 million in community improvements and reduced HOA fees have solidified Hibiscus as one of Panama City Beach's most desirable bayfront addresses. A peaceful retreat just minutes from the Gulf of America.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2204.07
HOA Frequency: Quarterly
HOA Annual Amount: 8816.28
New Buyer Fee: No
Last Taxes: 2597
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Condo Doc: Yes
Contract Info
List Price/SqFt: 248.79
Status: Active
List Date: 2025-10-17
List Price: $360,000
Current Price: $360,000
Location
Unit #: 505
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
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.
Area: 03 - Bay County - Beach
Street #: 6500
Street Name: Bridge Water
Street Suffix: Way
State: FL
Zip Code: 32407
County: Bay
Subdivision: Hibiscus By The Bay
Parcel ID: 27345-200-029
Legal Description: HIBISCUS BY THE BAY, A CONDO TOWER I UNIT 505 TYPE C ORB 2667 P 1182 2BR 2B 1446.9 SQ FT ORB 4151 P 1457
General Property Info
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1447
Construction Status: Construction Complete
SqFt Source: Prop App Site
Balcony SqFt: 200
# of Stories in Building: 8
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 2005
Remarks & Misc
Remarks: This beautifully furnished 5th-floor condo at Hibiscus by the Bay captures breathtaking views of St. Andrew Bay and the Hathaway Bridge. Positioned perfectly for sunrise, both the living room and primary suite face east and open to a spacious 200 sq. ft. balcony through brand-new hurricane-rated sliding glass doors—the ideal spot for morning coffee or evening relaxation. Inside, the condo blends comfort and style with crown molding, and updated flooring throughout. The kitchen features granite countertops, stainless steel appliances (2021), and abundant cabinetry. The primary suite overlooks the bay and offers a fully remodeled bath complete with a step-in shower, jetted tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC (2023), hot water heater (2023), and washer/dryer (2024) for worry-free ownership. Set within a gated 10-acre peninsula with a private marina, Hibiscus by the Bay delivers resort-style living without the short-term rental turnover. Amenities include two pools, tennis and basketball courts, dog-walking areas, a fire pit, 500-ft fishing pier, and a clubhouse. Nearly $7 million in community improvements and reduced HOA fees have solidified Hibiscus as one of Panama City Beach's most desirable bayfront addresses. A peaceful retreat just minutes from the Gulf of America.
Dining Room
First: 1
Master Bathroom
First: 1
Pool Features
Heated - Gas: 1
Inground: 1
Spa/ Hot Tub: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Ceiling - Crwn Molding: 1
Floor - Laminate: 1
Floor - Vinyl Plank: 1
Exterior
Balcony: 1
Waterfront Feature
Boat Launch: 1
Bulkhead/Seawall: 1
Shore - Beach: 1
Other Structures
Tennis Court(s): 1
Association Fees Include
BBQ Pit/Grill: 1
Community Room: 1
Dock: 1
Dumpster: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Master Association: 1
Pest Control: 1
Pool: 1
Sewer: 1
Tennis: 1
Trash Disposal: 1
Water: 1
Other - See Remarks: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Kitchen
First: 1
Lot Access
Comm/Own/Maint: 1
Gated Access: 1
Paved Road: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Present Zoning
Resid Multi-Family: 1
Association Amenities
BBQ Pit/Grill: 1
Community Room: 1
Dock: 1
Dumpster: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Marina: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Tennis: 1
Waterfront: 1
Pickle Ball: 1
Recreation Facilities: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Master Bathroom: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterfront Type
Bay/Harbor: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
Fire Alarm: 1
Gated Community: 1
Security Gate: 1
Security Lights: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Range Hood; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Balcony
Association Fees Include: BBQ Pit/Grill; Community Room; Dock; Dumpster; Fishing; Exercise Room; Gated Community; Insurance; Ground Keeping; Management; Master Association; Pest Control; Pool; Sewer; Tennis; Trash Disposal; Water; Other - See Remarks
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Kitchen: First
Lot Access: Comm/Own/Maint; Gated Access; Paved Road
Master Bathroom: First
Dining Room: First
Pool Features: Heated - Gas; Inground; Spa/ Hot Tub
Security Features: Fire Alarm; Gated Community; Security Gate; Security Lights
Other Structures: Tennis Court(s)
Association Amenities: BBQ Pit/Grill; Community Room; Dock; Dumpster; Fishing; Exercise Room; Gated Community; Marina; Pavilion/Gazebo; Pickle Ball; Picnic Area; Pool; Recreation Facilities; Tennis; Waterfront
Rooms: Bedroom; Dining Room; Kitchen; Master Bathroom; Master Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Boat Launch; Bulkhead/Seawall; Bulkhead/Seawall; Shore - Beach
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 17 x 14 | 17.00 | 14.00 | 17 x 14 |
| Master Bathroom | First | 12 x 6 | 12.00 | 6.00 | 12 x 6 |
| Bedroom | First | 14 x 13 | 14.00 | 13.00 | 14 x 13 |
| Dining Room | First | 23 x 14 | 23.00 | 14.00 | 23 x 14 |
| Kitchen | First | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
Listing Office: Innerscope Realty LLC
Last Updated: January - 18 - 2026
Information deemed reliable but not guaranteed.