#770123, Listing office: Foundation Real Estate Agency LLC
$1,600,000 List price
1033 Bay Cir Panama City Beach, FL 32407
3 beds
3 full
2,118 sqft
0.2 acres
$755 / 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
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Interior: Kitchen Island
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Driveway, Garage
- Waterfront: Waterfront
- Exterior: Balcony
- Architectural Style: Coastal
- Heating: Central
- Cooling: Central Air
- List Price: $1,600,000
- Price/SqFt: $755
- Annual Tax Amount: $2,087
- Tax Year: 2023
- Lot: Waterfront
- Directions: From the CVS at the intersection of Thomas Drive and Highway 98 travel North on Wildwood Road., turn Right onto Big Daddy Drive, Big Daddy Drive will turn into Bay Circle, home is on the Left
- Year Built: 2024
- Living Area: 2,118 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 769470
- MLS Name: BCAR
- Office Name: Foundation Real Estate Agency LLC
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: 7/20/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 17, 2022 | Home Sold | $187,500 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
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. The most common type of family is 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?
NASCAR
College Football
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Express/Express For Men
Kmart
Where do the neighbors go to eat?
Arbys
Sonic
Bob Evans
What do the neighbors drive?
GMC
Kia
Buick
What do the neighbors listen to?
Adult Hits
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1033 Bay Cir
The listing price of 1033 Bay Cir property is $1,600,000.
The property 1033 Bay Cir is a house located in Panama City Beach, Florida, 32407.
Active Listing: 1033 Bay Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1033 Bay Cir are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Jinks Middle School (GreatSchools Rating 2/10), Rising Leaders Academy (GreatSchools Rating 5/10), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,087 (source: MLS/based on county public records data).
The last sale was on May 17, 2022 for $187,500 (source: MLS/tax record).
The property at 1033 Bay Cir has 3 bedrooms and 3 bathrooms.
The property 1033 Bay Cir is 2,118 SqFt (source: MLS/tax record).
The year of construction for 1033 Bay Cir is 2024.
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 $1,600,000.
In June 2025, from all listings sold in Panama City Beach, FL there were more than 1 sold above asking price, over 119 sold below and more than 21 were sold right at the asked price. Between May and June 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 1.2%. In June 2025, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $435,000.
From Rocket Homes Real Estate and based on county public records data.