#770670, Listing office: Keller Williams Success Realty
$433,500 List price
502 William Way Panama City, FL 32404
3 beds
3 full
2,447 sqft
0.4 acres
$177 / sqft
House
Property details
About 502 William Way
This stunning new construction home is a perfect blend of elegance and modern coastal living, offering gulf access for those who dream of life on the water. this home sits on an acre. From the moment you step inside, you'll be captivated by the exquisite finishes, thoughtful design, and impeccable attention to detail throughout. The open-concept layout is bathed in natural light, showcasing luxury. High-end fixtures, and a families dream kitchen with premium appliances and quarts countertops. The bedrooms are well places and are all upstairs so its not to clutter. While the beautifully designed bathrooms feel like a Pinterest design. Outside, enjoy breathtaking sunsets and the tranquil waterfront setting, perfect for boating, kayaking, or simply soaking in the coastal breeze. Every inch of this home has been crafted with love and sophistication, making it a truly exceptional place to call home. Don't miss the opportunity to own this stunning waterfront gem!
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s)
Size2,447 sqft
Lot size0.38 Acres
Year built2025
ParkingGarage, Garage Door Opener, Paved
MLS #773513
Garage2 spaces
WaterfrontSee Remarks, Waterfront
ViewGulf
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Interior: Kitchen Island, Pantry, Smart Thermostat
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: Garage, Garage Door Opener, Paved
- Waterfront: See Remarks, Waterfront
- View: Gulf
- Exterior: Balcony
- Architectural Style: Craftsman
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $433,500
- Price/SqFt: $177
- Annual Tax Amount: $399
- Tax Year: 2023
- Lot: Landscaped, Waterfront
- Directions: Head east to FL-22 and take a left onto Summerset Ave. Continue straight until you reach Shadow Bay Dr., then turn right. From there, take a left onto Lacosta Ave., continue straight, and then make a right onto Williams Way. The home will be on the right.
- Year Built: 2025
- Living Area: 2,447 SqFt
- Lot Size: 0.38 Acres
- MLS Number: 773513
- MLS Name: BCAR
- Office Name: Keller Williams Success Realty
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: 7/16/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,000 | $399 |
| 2022 | $28,750 | $338 |
| 2021 | $26,250 | $338 |
| 2020 | $20,045 | $270 |
| 2018 | $18,223 | $232 |
| 2017 | $17,890 | $237 |
History based on county public records data.
Nearby schools
7
Callaway Elementary School
Public District KG-5
0.6 mi
•7115 E Highway 22
4
Parker Elementary School
Public District PK-5
2.8 mi
•640 S Highway 22 A
1
Cedar Grove Elementary School
Public District PK-5
3.9 mi
•2826 E 15th 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 $66,667. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
53%
35k-100k
28%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
32%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
College Football
Extreme Sports
NASCAR
Where do the neighbors shop?
Express/Express For Men
Best Buy
Academy Sports & Outdoors
Where do the neighbors go to eat?
Sonic
Texas Roadhouse
Little Caesars
What do the neighbors drive?
Kia
Ram
Chevrolet
What do the neighbors listen to?
New Country
Contemporary Christian
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 502 William Way
The listing price of 502 William Way property is $433,500.
The property 502 William Way is a house located in Panama City, Florida, 32404.
Accepting Backup Offers: 502 William Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 502 William Way are: Callaway Elementary School (GreatSchools Rating 7/10), Parker Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), North Bay Haven Charter Academy Middle School (GreatSchools Rating 8/10), Merritt Brown Middle School (GreatSchools Rating 3/10), Rutherford High School (GreatSchools Rating 3/10), Rosenwald High School (GreatSchools Rating 1/10), North Bay Haven Career Academy (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $399 (source: MLS/based on county public records data).
The property at 502 William Way has 3 bedrooms and 3 bathrooms.
The property 502 William Way is 2,447 SqFt (source: MLS/tax record).
The year of construction for 502 William Way is 2025.
This home is located at 502 William Way in Panama City, FL and zip code 32404 in the Shadow Bay neighborhood. This 2,447 square foot home, which was built in 2025, sits on a 0.38 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $433,500.
While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The number of listings in Panama City, FL decreased by 2.4% between May and June 2025. Listings spent 78 days on the market in June 2025, and had a median list price of $330,871 during the same period.
From Rocket Homes Real Estate and based on county public records data.