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For sale
  • Price cut: $30K (5/13)
    $1,145,000

    3502 Dragons Ridge Rd, Panama City Beach, FL 32408

    5beds
    3,922sqft
    : Get pre-qualified
    Single Family Residence
    Built in 1997
    -- sqft lot
    $1,082,600 Zestimate®
    $292/sqft
    $-- HOA

    What's special

    Enjoy privacy, golf course views, and resort-style outdoor living in this beautifully updated 5BR/4BA Panama City Beach home on the Nicklaus Golf Course in the gated Bay Point community. Overlooking two ponds on holes #10 and #11, the home combines sweeping golf and water views with exceptional privacy and seclusion from surrounding properties. Designed for everyday comfort and effortless entertaining, the home features spacious living areas that flow seamlessly to the outdoor space. Step outside to your private pool and expanded patio with a covered lanai, surrounded by lush landscaping and a new Zoysia lawn - perfect for family time, hosting friends, or relaxing after a round of golf. Inside, hardwood and wood-look tile flooring runs throughout, complemented by chair rails and crown molding. The kitchen is both stylish and functional, featuring quartz countertops, stainless steel appliances, a gas cooktop, and double ovens. This five-bedroom floor plan provides versatile spaces to meet your needs: two rooms are currently used as a study and a wine room, both easily convertible into guest bedrooms, a home office or entertaining areas. An upstairs guest suite offers a private retreat for guests or extended family. Convenience and functionality are thoughtfully handled throughout the home, including a renovated laundry room, a three-car garage with built-in cabinetry and additional storage, and updated systems including three HVAC units (one changed within the past year), a new hot water heater (Dec 2025), refrigerator (Oct 2025), and dishwasher (under two years). Solar panels on the roof provide energy savings and help reduce monthly utility costs. Additional improvements include renovated bathrooms, refreshed interior paint (2025), air duct cleaning (Oct 2025), a new front entry door and tile, and a 2024 irrigation system - providing a move-in ready experience with peace of mind. Bay Point is an exclusive 24/7 security-patrolled gated community which boasts a Nicklaus Golf Course, the Point South Marina with gulf access, dining at Neon's 72, and scenic walking areas. Grocery stores, restaurants, shopping, and everyday conveniences are just minutes away, while the white-sand beaches and natural beauty of St. Andrews State Park are a short drive from home. The community's safe, family-friendly environment and ample outdoor spaces make it ideal for recreation and everyday living. Experience the ultimate Panama City Beach lifestyle in this spacious, private Bay Point home - schedule your private showing today.
    63 days
    |
    1,064
    |
    77
    |

    Zillow last checked:

    Listed by:

    Craig Duran 850-527-0221,

    Beach Properties of Florida

    Source: BHHS broker feed,MLS#: 786956

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Electric
      Cooling
      • Central Air
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,922
      • Total interior livable area: 3,922 sqft

      Property

      Features
      • Patio & porch: Patio
      • On waterfront: Yes
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Details
      • Parcel number: 31402964000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Shake
      Condition
      • Year built: 1997

      Community & HOA

      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $292/sqft
      • Tax assessed value: $823,175
      • Annual tax amount: $10,156
      • Date on market: 3/30/2026
      • Lease term: Contact For Details
      • Electric utility on property: Yes
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        Estimated market value

        $1,082,600

        $1.03M - $1.14M

        $4,577/mo

        Price history

        DateEventPrice
        5/13/2026Price change$1,145,000-2.6%$292/sqft
        Source: CPAR #786956 Report a problem
        4/12/2026Price change$1,175,000-1.7%$300/sqft
        Source: CPAR #786956 Report a problem
        3/18/2026Listed for sale$1,195,000+23.8%$305/sqft
        Source: CPAR #786956 Report a problem
        1/25/2023Sold$965,000-3.4%$246/sqft
        Source: Public Record Report a problem
        12/29/2022Pending sale$999,000$255/sqft
        Source: RE/MAX International #734338 Report a problem
        12/29/2022Contingent$999,000$255/sqft
        Source: CPAR #734338 Report a problem
        11/13/2022Listed for sale$999,000+117.6%$255/sqft
        Source: CPAR #734338 Report a problem
        3/3/2004Sold$459,000$117/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,156 +150.6%$823,175 +128.7%
        2023$4,053 +11.3%$360,014 +3%
        2022$3,642 $349,528
        2021-- --
        2020$3,652 +3.4%$334,663 +4.2%
        2019$3,531 $321,304 -4.8%
        2018$3,531 -6.9%$337,577 +0.2%
        2017$3,793 -0.5%$336,797 -0.1%
        2016$3,813 -5.1%$337,001 -0.4%
        2015$4,017 $338,283 -1.9%
        2014$4,017 $344,708 -1.2%
        2013-- $348,793 +0.2%
        2012-- $348,193 -2.2%
        2011-- $356,182 -1%
        2010-- $359,807 -11.6%
        2009-- $407,070 -6.3%
        2008-- $434,542 +3%
        2007-- $421,885 +2.5%
        2006-- $411,595 +3%
        2005-- $399,607 +13.4%
        2004-- $352,542 +1.9%
        2003-- $345,969 +2.4%
        2002-- $337,860
        2001-- $337,860 -0.2%
        2000-- $338,467

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Upper Grand Lagoon

          Getting around

          6 / 100
          Car-Dependent
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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