$1,700,000

1033 Bay Cir Panama City Beach, FL 32407

$10,000
Closing credit¹
3 beds
3 full
2,118 sqft
0.2 acres
$803 / sqft
House

Property details

About 1033 Bay Cir

Welcome to The Bayfront Escape, a brand-new three-bedroom, three-bathroom waterfront home offering modern luxury, breathtaking views, and exceptional investment potential. Perfectly positioned between Panama City and Panama City Beach, this no-HOA property provides the best of both worlds--peaceful waterfront living with quick access to top dining, shopping, and entertainment.This newly constructed three-story home features an open-concept design with high-end finishes throughout. The spacious living area is filled with natural light and offers stunning views of the bay. The gourmet kitchen is equipped with premium appliances, quartz countertops, and a stylish island, making it perfect for both entertaining and everyday living.The home boasts multiple private balconies, allowing you to enjoy sunrises over the water with your morning coffee and relax in the evening with breathtaking sunset views. The luxurious primary suite includes a spa-like ensuite bathroom, a walk-in closet, and a private balcony overlooking the bay.Designed for both personal enjoyment and investment, this home is currently used as a short-term rental and offers excellent income potential. With no HOA restrictions, owners have full flexibility to use the property as they wish. The outdoor space is ideal for waterfront living, featuring a spacious deck and direct water access, perfect for boating, fishing, or simply unwinding by the bay.This property provides easy access to white-sand beaches, marinas, restaurants, and local attractions. Whether you are searching for a dream vacation home, a high-performing rental property, or a peaceful coastal retreat, this waterfront escape is a rare and valuable opportunity.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,118 sqft
Lot size0.19 Acres
Year built2024
ParkingAttached, Driveway, Garage
MLS #769470
Attached garage1 space
WaterfrontWaterfront

Summary

  • MLS Number: 769470
  • MLS Name: BCAR
  • Office Name: Foundation Real Estate Agency 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© 2025 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: 3/17/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring driveway, board and batten siding, an attached garage, and fence

$1,700,000

1033 Bay Cir

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 17, 2022
Home Sold
$187,500

Tax history

YearAssessmentProperty Tax
2023$167,000$2,087
2022$133,863$1,588
2021$133,597$1,588
2020$133,597$1,665
2018$143,018$1,830
2017$137,468$1,772

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.3 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

2.7 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

3.9 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

33%
<35k
28%
35k-100k
28%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Express/Express For MenExpress/Express For Men
  • KmartKmart

Where do the neighbors go to eat?

  • ArbysArbys
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • GMCGMC
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1033 Bay Cir

This home is located at 1033 Bay Cir in Panama City Beach, FL and zip code 32407 in the Bayside Park neighborhood. This 2,118 square foot home, which was built in 2024, sits on a 0.19 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 16, 2025 and is currently priced at $1,700,000.

Over 0 listings were sold over their listed price in February 2025 in Panama City Beach, FL. In the same period over 75 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Panama City Beach, FL increased by 8.1% between January and February 2025. In February 2025 median list price was $449,377 and the average listing age was 120 days.

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

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