$470,000

6500 Bridge Water Way Unit 505 Panama City Beach, FL 32407

$5,581
Closing credit¹
2 beds
2 full
1,447 sqft
$325 / sqft
Condo

Property details

About 6500 Bridge Water Way Unit 505

REDUCED! A boaters Paradise as this gorgeous unit is being sold with a Deeded boat slip (10,000 lbs lift # 58) and garage (B-12). Hibiscus is a gated community on a 10 acre peninsula, with a private Marina and best kept secret. This stunning fully furnished unit sits on the 5th floor next to the elevator and pristine views of the St. Andrew Bay and Hathaway Bridge. Both Master and Living room face East for stunning sunrises and Bay Views. Great views sitting in the living room with hurricane resistance brand new sliding glass doors that open to a large 200 square foot private balcony. Interior of the unit, you will find a luxurious finishing with crown molding, ceramic tile, new herringbone pattern flooring throughout. Master bedroom has stunning views of the Bay and master bath has been fully remodeled to include step in shower, jet tub, double vanity, and large closet. The ample kitchen has also been upgraded with stainless steel appliances and granite counters. The laundry room has a new washer and drier, and has been remodeled as a private room where washer/drier is not visible. New Air Cond and heater in 2023. The deeded boat slip is close to the open water and deep with easy and quick access to the Gulf of Mexico. Enjoy the peace and privacy as there is No Short Term Rentals allowed. Amenities include Tennis Courts, Basketball, Dog walking areas, Fire Pit area, 500 foot long fishing pier, community room, and swimming pools etc. Close proximity to beaches, restaurants and shopping. Bayside Marina is just next door to refuel your boat, acquire bait and goodies. The HOA fees have been reduced and all improvements completed. Make an offer, dock your boat on your private slip....and lets go FISHING!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,447 sqft
Year built2005
ParkingGarage, Garage Door Opener, Permit Required
MLS #756597
Garage1 space
WaterfrontBay, Dock, Boat Slip, Boat Ramp, Boat Lift, Dock Access, Sandy Shoreline
ViewBay

Summary

  • MLS Number: 756597
  • MLS Name: BCAR
  • Office Name: Coastal Sun Realty 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: 3/15/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view with a water view

$470,000

6500 Bridge Water Way Unit 505

$5,581

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 01, 2019
Home Sold
$275,000
Apr 20, 2017
Home Sold
$230,000
Sep 26, 2005
Home Sold
$267,900

Tax history

YearAssessmentProperty Tax
2023$362,950$2,553
2022$333,200$2,294
2021$246,500$2,294
2020$223,132$2,295
2018$199,750$2,540
2017$199,110$2,549

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,017. Residents of Panama City Beach, FL typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically 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 6500 Bridge Water Way Unit 505

This home is located at 6500 Bridge Water Way Unit 505 in Panama City Beach, FL and zip code 32407. This 1,447 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 4, 2024 and is currently priced at $470,000.

Panama City Beach, FL housing market in February 2025 saw over 0 listings sold above listed price, more than 11 sold at listed price and over 75 sold below. The number of homes for sale in Panama City Beach, FL increased by 8.1% between January and February 2025. While the average time on the market in February 2025 was 120 days, the median list price was $449,377.

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

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