362 Moonlight Bay Drive, Panama City Beach, FL 32407 - Photo 1

1/1

$400,000

Sold
Closed
Townhouse
3 Beds
2 Full Baths

1/1

Property Description

Discover coastal living at its finest in this 3BR/2.5BA 2-Story Townhome nestled in the prestigious Colony Club, without the confines of an HOA. Located just steps from the bay, this home offers a rare blend of convenience and tranquility. Upon entering, you're greeted by an open concept living area adorned with soaring ceilings and abundant natural light. The seamless integration of the living room, dining space, and kitchen creates an inviting atmosphere, accentuated by expansive bay views that stretch as far as the eye can see. The main floor features a spacious master bedroom complete with sliding doors that welcome in the gentle bay breezes, ensuring relaxation year-round. Adjacent, a versatile bonus room offers ample space for a large laundry area, office, or spare bedroom, catering to your unique needs. Upstairs, a generous open loft area presents endless possibilities as a den or playroom, while two additional bedrooms provide comfort and privacy for family and guests, complemented by a full bathroom. Located in Panama City Beach, this home offers proximity to a wealth of amenities including renowned restaurants, Pier Park, dog-friendly beaches, the local airport, and top-rated schools, making it an ideal choice for those seeking both leisure and convenience. This home is a true gem, offering not only a picturesque setting but also the opportunity to embrace a coastal lifestyle enriched by its prime location and versatile living spaces. Don't miss out - schedule your showing today and envision the unparalleled lifestyle awaiting you in this exceptional property! All important information should be verified by the buyer.

Full Property Details

Full Property Details for 362 Moonlight Bay Dr

General

Sold For: $400,000
Taxes: $4,016 (2023)
Status: Closed
Type: Townhouse
Source: Bay_County
MLS ID: 762488
Added to Site: 290 day(s) ago

Interior

Number of Rooms: 6
Appliances: Electric Range, Electric Water Heater

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Exterior

Exterior Features: Patio
Porch/Patio/Deck: Patio, Covered, Porch

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Garage, Garage Door Opener, Paved

Location

County: Bay
Subdivision: Colony Club Hrbr Ph 1
Driving Directions: Go South on Hwy. 77, turn right onto 23rd St., merge onto US 98 W., stay right onto Panama City Beach Pkwy., turn right onto Fairway Blvd. at the Colony Club entrance, turn left onto Moonlight Bay Dr., stay on Moonlight Bay Dr. all the way to the end, the townhouse is on the left.

School Information

Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold

Community

Community Name: 03 - Bay County - Beach

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central, Electric

Utilities

Sewer: Public Sewer
Utility Description: Electricity Available, Water Connected

Structural Information

Structure Type: Townhouse
Construction: Wood Frame
Sq. Ft. Source: Appraiser
Year Built: 1987

Lot Features

Property View: Bay
Lot Dimensions: 30 x 253
Lot Features: Paved
Zoning: Resid Multi-Family
Fencing (Description): Partial

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Bay Access
Water Front View: Bay Access

Financial Considerations

Tax Amount: $4,016
Tax Year: 2023

Disclosures and Reports

Special Conditions: Listed As-Is
Legal Description: The West 30 feet of the East 70 feet of the NE Â¼ of the SW Â¼ of Section 15, Township 3 South, Range 16 West, Bay County, Florida lying North of the extended Centerline of a 50 foot Road as shown in Colony Club Harbour, Phase One, as recorded in Plat Book 14, Page 55 of the Public Records of Bay County, Florida.
Property ID: 32735-020-000

Listed and Sold by Counts Real Estate Group

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Schools

Schools serving 362 Moonlight Bay Dr

School District:Bay County School District

Name	Grades	Distance
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407	K-5	1.9 mi
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413	6-8	1.6 mi
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407	9-12	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 362 Moonlight Bay Dr

Date

Details

Price

Change

Source

9/30/2025

Sold

$400,000

-15.77%

MLS

6/23/2025

Price Reduced

$474,900

-4.06%

MLS

10/16/2024

Price Reduced

$495,000

-1%

MLS

9/10/2024

Listed

$500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Baths
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Beds
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362 Moonlight Bay Drive, Panama City Beach, FL 32407 (MLS# 762488) is a Townhouse property that was sold at $400,000 on September 30, 2025. Want to learn more about 362 Moonlight Bay Drive? Do you have questions about finding other Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

362 Moonlight Bay Dr Panama City Beach, FL 32407