Redfin is joining Rocket

Discover how we're simplifying your journey home.

$445,000

6504 Bridge Water Way Unit 503 Panama City Beach, FL 32407

2 beds
2 full
1,447 sqft
$308 / sqft
Condo

Property details

About 6504 Bridge Water Way Unit 503

Welcome to waterfront luxury living in the highly desirable, gated community of Hibiscus by the Bay. This beautifully updated condo offers the perfect blend of comfort, elegance, and a relaxed coastal lifestyle. From your spacious private balcony, enjoy breathtaking sunset views and watch dolphins play in the bay--an everyday experience that feels like a vacation. This unit includes a deeded boat slip, a rare and valuable feature that's reflected in the price, making it ideal for boating enthusiasts. Inside, the chef-inspired kitchen is equipped with stainless steel appliances, bonus cabinet space, a pantry, and convenient pull-out shelves, all flowing into an open-concept layout with wood-look ceramic tile throughout. The master suite is a true retreat, featuring tray ceilings, direct balcony access, a huge walk-in closet, and a jacuzzi-certified jetted tub. A unique bonus is the custom-built ''garage'' storage space next to the dining area, perfect for keeping your home organized and clutter-free. The community offers an impressive array of amenities including a bayfront pool and hot tub, tennis courts, pickleball and basketball courts, a fitness center, a community room for private events, a fishing pier, three gas grilling areas, a car wash station, and a private owners' lounge. The gated entrance includes two remote controls for added convenience and security. The HOA has recently decreased by $200 and now includes cable, internet, trash, water, and pest control, offering exceptional value. All of this is located just under three miles from the base and close to top-rated restaurants and the beach, yet tucked away in a peaceful, private setting that feels like your own hidden paradise.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,447 sqft
Year built2005
ParkingPaved, Parking Lot
MLS #774844
WaterfrontBay, Dock, Boat Slip
ViewBay

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Interior: Pantry
  • Total Bedroom Count: 2
  • Parking: Paved, Parking Lot
  • Waterfront: Bay, Dock, Boat Slip
  • View: Bay
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $445,000
  • Price/SqFt: $307
  • HOA Amount: $794 Quarterly
  • Annual Tax Amount: $3,918
  • Tax Year: 2023
  • Directions: From Highway 98, take a right at the first traffic light after crossing the Hathaway Bridge.Next, turn right onto Wildwood Road.Then, take another right onto Bridge Water Way.Follow the road all the way to the end--you'll reach the gated entrance.Once inside the gate, Building 2 will be the first building on your right.
  • Year Built: 2005
  • Living Area: 1,447 SqFt
  • MLS Number: 774844
  • MLS Name: BCAR
  • Office Name: Coldwell Banker Realty

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: 7/17/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 01, 2023
Home Sold
$260,000
Jan 28, 2015
Home Sold
$239,000
Jul 15, 2010
Home Sold
$245,000
Apr 28, 2006
Home Sold
$409,500

Tax history

YearAssessmentProperty Tax
2023$331,500$3,918
2022$333,200$3,492
2021$242,675$3,492
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. Typical family type is single, no kids. The majority of 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

Similar homes for sale

Frequently asked questions

About 6504 Bridge Water Way Unit 503

The listing price of 6504 Bridge Water Way Unit 503 property is $445,000.

The property 6504 Bridge Water Way Unit 503 is a condo located in Panama City Beach, Florida, 32407.

Active Listing: 6504 Bridge Water Way Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 6504 Bridge Water Way Unit 503 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 $3,918 (source: MLS/based on county public records data).

The last sale was on June 1, 2023 for $260,000 (source: MLS/tax record).

The property at 6504 Bridge Water Way Unit 503 has 2 bedrooms and 2 bathrooms.

The property 6504 Bridge Water Way Unit 503 is 1,447 SqFt (source: MLS/tax record).

The year of construction for 6504 Bridge Water Way Unit 503 is 2005.

This home is located at 6504 Bridge Water Way Unit 503 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 June 13, 2025 and is currently priced at $445,000.

Over 1 listings were sold over their listed price in June 2025 in Panama City Beach, FL. In the same period over 119 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Panama City Beach, FL increased by 1.2% between May and June 2025. 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.

More resources