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.
For sale
Price cut: $30K (5/13)
$1,145,000
3502 Dragons Ridge Rd, Panama City Beach, FL 32408
5beds
3,922sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1997
-- sqft lot
$1,082,600 Zestimate®
$292/sqft
$-- HOA
What's special
- 63 days |
- 1,065 |
- 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
Estimated market value
$1,082,600
$1.03M - $1.14M
$4,577/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $1,145,000-2.6%$292/sqft |
Source: | ||
| 4/12/2026 | Price change | $1,175,000-1.7%$300/sqft |
Source: | ||
| 3/18/2026 | Listed for sale | $1,195,000+23.8%$305/sqft |
Source: | ||
| 1/25/2023 | Sold | $965,000-3.4%$246/sqft |
Source: Public Record Report a problem | ||
| 12/29/2022 | Pending sale | $999,000$255/sqft |
Source: | ||
| 12/29/2022 | Contingent | $999,000$255/sqft |
Source: | ||
| 11/13/2022 | Listed for sale | $999,000+117.6%$255/sqft |
Source: | ||
| 3/3/2004 | Sold | $459,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $338,467 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 8/10Patronis Elementary SchoolGrades: K-5Distance: 3.4 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 9.3 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 7.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City Beach
- 32408
- Upper Grand Lagoon
- 3502 Dragons Ridge Rd
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