PRICE REDUCED! Come see what makes this waterfront condo at Hibiscus by the Bay truly special. Not only has the price been reduced, but it also includes a deeded boat slip--a rare find that adds serious value, especially for boating lovers. This is a unique opportunity to own a move-in-ready unit in one of Panama City's most desirable gated communities.Step out onto your private balcony and take in the peaceful bay views--sunsets, dolphins, and that everyday vacation feeling. Inside, the condo has been thoughtfully updated with wood-look ceramic tile throughout, a chef-style kitchen with stainless steel appliances, extra cabinet space, a pantry, and pull-out shelves.The primary suite is spacious and relaxing, with tray ceilings, balcony access, a large walk-in closet, and a jacuzzi-certified jetted tub. There's even a custom-built storage area near the dining space that adds extra convenience.The community offers a long list of amenities: a bayfront pool and hot tub, tennis, pickleball, and basketball courts, a fitness center, fishing pier, grilling areas, car wash station, and a private owners' lounge. The gated entrance comes with two remotes for easy access.The HOA fee was recently lowered by $200 and now covers cable, internet, trash, water, and pest control--making this an even better value.Located just under 3 miles from the base and close to beaches and restaurants, this condo offers the perfect mix of privacy and convenience. Priced to sell--come see it for yourself!
For sale
Price cut: $10K (7/21)
$435,000
6504 Bridge Water Way UNIT 503, Panama City Beach, FL 32407
2beds
1,447sqft
Est.:
Condominium
Built in 2005
-- sqft lot
$419,900 Zestimate®
$301/sqft
$265/mo HOA
What's special
Waterfront condoGated entrancePrivate balconyFishing pierPeaceful bay viewsCar wash stationGrilling areas
- 68 days
- on Zillow |
- 133 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 06:15am
Listed by:
Haley R Mayer 850-819-0864,
Coldwell Banker Realty
Source: CPAR,MLS#: 774844
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Area: 238
- Dimensions: 17 x 14
Bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Living room
- Level: First
- Area: 322
- Dimensions: 23 x 14
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
- Laundry: Stacked
Features
- Pantry
Interior area
- Total interior livable area: 1,447 sqft
Property
Parking
- Parking features: Paved, Parking Lot
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Fenced, In Ground, Pool, Community
- Spa features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay Access, Boat Dock/Slip
Details
- Additional structures: Tennis Court(s)
- Parcel number: 27345200097
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2005
Community & HOA
Community
- Features: Clubhouse, Conference/Meeting Room, Fitness Center, Tennis Court(s), Waterfront, Gated, Pool
- Security: Gated Community
- Subdivision: Hibiscus By The Bay
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Clubhouse, Maintenance Grounds, Pool(s), Tennis Courts
- HOA fee: $794 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $221,000
- Annual tax amount: $2,756
- Date on market: 6/13/2025
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