#773992, Listing office: Anchor Realty Florida
6500 Bridge Water Way Unit 401 Panama City Beach, FL 32407
Property details
About 6500 Bridge Water Way Unit 401
Luxury Waterfront Living in a Gated Marina Community - Hibiscus By The Bay! in a beautifully updated end-unit at Hibiscus By The Bay! This spacious 3-bedroom, 2.5-bath condo offers 2,022 square feet of thoughtfully designed living space overlooking St. Andrews Bay. Located in a private, gated community with only 70 units per building, this residence provides the perfect blend of peaceful living and convenient access--just minutes to the beach, dining, and shopping, but tucked away from the high-traffic areas.Step inside and you will find extensive upgrades throughout this spacious condo that feels like home. The kitchen features custom all-wood white shaker cabinetry, quartz countertops, LG stainless appliances (updated in January, 2023 include - side-by-side refrigerator with dual ice makers, air fryer range, 3-rack dishwasher, microwave), and pantry with solid wood shelving. Flooring has been updated throughout with luxury vinyl plank. The foyer, living/dining area, guest and half baths, kitchen, and storage areas all received new flooring and base molding. All three bedrooms feature new LVP flooring.The guest bath has been completely reimagined with a custom walk-in shower featuring a one-piece quartz base with linear drain, porcelain tile surround, and a semi-frameless glass door with barn-style rollers. Both full bathrooms include new toilets, vanities with quartz tops, new lighting, exhaust fans, mirrors and under-cabinet lighting in the master bathroom. The primary suite boasts a walk-in closet with built-in wood shelving and a sixteen-drawer storage unit.Additional updates include new ceiling fans, updated light fixtures in key living areas, and fresh finishes throughout. The entire complex has undergone approximately $5.5 million in improvements based on SIRS, including Category 5-rated sliding glass doors, refinished balconies and walkways, and a new fire protection system. HOA fees were lowered in January, 2025. Community amenities are extensive and well-maintained: HOA fees cover Firedog cable TV and internet, water, garbage, lawn maintenance, pool and hot tub, covered dining deck with gas grills, a 500-foot fishing pier, 24-hour fitness center, community room, library/conference room, secure mail delivery, sports courts (tennis, pickleball, basketball), car and boat wash area, kayak/paddleboard launch, and bike storage. Garages and boat slips are available for purchase when offered by other owners.Rental-restricted (no short-term rentals), Hibiscus By The Bay is ideal for those seeking a more relaxed and residential coastal lifestyle. From the private balcony, enjoy daily sunrises over the bay, dolphins playing in the water, and nighttime views of the pier lights and Hathaway Bridge. All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Schedule your private showing today!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Interior: Breakfast Bar, Coffered Ceiling(s), Pantry, Recessed Lighting, Split Bedrooms, Shutters
- Total Bedroom Count: 3
- Parking: Parking Lot
- Waterfront: Bay, Waterfront
- View: Bay
- Exterior: Balcony
- Architectural Style: High Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $589,000
- Price/SqFt: $291
- HOA Amount: $3109 Quarterly
- Annual Tax Amount: $5,141
- Tax Year: 2023
- Lot: Landscaped, Waterfront
- Directions: Turn North onto Wildwood Road from Hwy 98 near Hathaway Bridge. Turn Right onto Bridge Water Way and follow it down to the gated entrance of Hibiscus by the Bay. Once inside the gates, unit is located on fourth floor of Tower 1.
- Year Built: 2005
- Living Area: 2,022 SqFt
- MLS Number: 772473
- MLS Name: BCAR
- Office Name: Counts Real Estate Group Inc
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: 6/13/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$589,000
6500 Bridge Water Way Unit 401
$6,994
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 22, 2022 | Home Sold | $440,000 |
May 29, 2015 | Home Sold | $265,000 |
Mar 28, 2006 | Home Sold | $558,000 |
Sep 13, 2005 | Home Sold | $525,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $408,000 | $5,141 |
2022 | $496,825 | $5,268 |
2021 | $374,000 | $5,268 |
2020 | $373,860 | $4,726 |
2018 | $308,975 | $3,907 |
2017 | $290,275 | $3,698 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
2.2 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. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 6500 Bridge Water Way Unit 401
The listing price of 6500 Bridge Water Way Unit 401 property is $589,000.
The property 6500 Bridge Water Way Unit 401 is a condo located in Panama City Beach, Florida, 32407.
Active Listing: 6500 Bridge Water Way Unit 401 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6500 Bridge Water Way Unit 401 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 $5,141 (source: MLS/based on county public records data).
The last sale was on March 22, 2022 for $440,000 (source: MLS/tax record).
The property at 6500 Bridge Water Way Unit 401 has 3 bedrooms and 2 full and 1 half bathrooms.
The property 6500 Bridge Water Way Unit 401 is 2,022 SqFt (source: MLS/tax record).
The year of construction for 6500 Bridge Water Way Unit 401 is 2005.
This home is located at 6500 Bridge Water Way Unit 401 in Panama City Beach, FL and zip code 32407. This 2,022 square foot home was built in 2005. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $589,000.
In May 2025, from all listings sold in Panama City Beach, FL there were more than 2 sold above asking price, over 111 sold below and more than 25 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 6.2% between April and May 2025. While the average time on the market in May 2025 was 95 days, the median list price was $440,000.