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$360,000 -$5,000 (-1.37%) Price Reduced

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1,447 Sq. Ft.
  • Updated 8 hours ago
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This beautifully furnished 5th-floor condo at Hibiscus by the Bay captures breathtaking views of St. Andrew Bay and the Hathaway Bridge. Positioned perfectly for sunrise, both the living room and primary suite face east and open to a spacious 200 sq. ft. balcony through brand-new hurricane-rated sliding glass doors--the ideal spot for morning coffee or evening relaxation. Inside, the condo blends comfort and style with crown molding, and updated flooring throughout. The kitchen features granite countertops, stainless steel appliances (2021), and abundant cabinetry. The primary suite overlooks the bay and offers a fully remodeled bath complete with a step-in shower, jetted tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC (2023), hot water heater (2023), and washer/dryer (2024) for worry-free ownership. Set within a gated 10-acre peninsula with a private marina, Hibiscus by the Bay delivers resort-style living without the short-term rental turnover. Amenities include two pools, tennis and basketball courts, dog-walking areas, a fire pit, 500-ft fishing pier, and a clubhouse. Nearly $7 million in community improvements and reduced HOA fees have solidified Hibiscus as one of Panama City Beach's most desirable bayfront addresses. A peaceful retreat just minutes from the Gulf of America.

Full Property Details for 6500 Bridge Water Way #UNIT 505

General

  • Price: $360,000
  • Taxes: $2,596 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 987753
  • Updated: 1/18/2026
  • Added to Site: 93 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Kitchen, Master Bathroom, Master Bedroom
  • Interior Features: Ceiling Crwn Molding, Floor Laminate, Owner's Closet
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: Beach, Boat Launch, Community Room, Dock, Exercise Room, Fishing, Gated Community, Pickle Ball, Pool, Short Term Rental - Not Allowed
  • Pool: Yes

Exterior

  • Exterior Features: Balcony, Pool - In-Ground

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Hibiscus by the Bay Tower 1
  • Driving Directions: Highway 98 to Wildwood, turn right on Bridge Water Way, Hibiscus By the Bay Condos are at the end of the road. Gate code is required.

School Information

  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Stories/Levels: 0
  • Stories in Building: 8
  • Square Feet: 1,447
  • Sq. Ft. Source: County PA Records
  • Year Built: 2005

Lot Features

  • Property View: Bay

Water Features

  • Water Front Type: Bay

Financial Considerations

  • Assessment Amount: $2,204
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $2,596
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: HIBISCUS BY THE BAY, A CONDO TOWER I UNIT 505 TYPE C ORB 2667 P 1182 2BR 2B 1446.9 SQ FT ORB 4151 P 1457
  • Assessment: Yes
  • APN: 27345-200-029

Listed by Innerscope Realty LLC

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Listing agent

— 6500 Bridge Water Way #UNIT 505 —

  • Innerscope Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6500 Bridge Water Way #UNIT 505

School District:Bay County School District
NameGradesDistance
Breakfast Point Academy
601 N Richard Jackson Boulevard, Panama City Beach, FL 32407
K-84.3 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124 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 6500 Bridge Water Way #UNIT 505 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2026
Price Reduced
$360,000
-1.37%
MLS
1/02/2026
Price Reduced
$365,000
-0.68%
MLS
12/30/2025
Price Increased
$367,500
0.68%
MLS
10/31/2025
Price Reduced
$365,000
-1.35%
MLS
10/27/2025
Price Reduced
$370,000
-7.5%
MLS
10/24/2025
Price Increased
$400,000
8.11%
MLS
10/17/2025
Listed
$370,000
34.55%
MLS
7/30/2019
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6500 Bridge Water Way #UNIT 505

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,597
2%
$247,236
-32%
2023
$2,553
11%
$362,950
47%
2021
$2,300
—
$246,500
-26%
2022
$2,295
—
$333,200
43%
2021
$2,300
-12%
$233,240
12%
2019
$2,606
3%
$208,250
4%
2018
$2,540
—
$199,750
—
2017
$2,549
2%
$199,110
4%
2016
$2,495
—
$191,250
3%
2015
$2,497
8%
$186,150
8%
2014
$2,303
14%
$171,700
2%
2013
$2,017
—
$168,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 6500 Bridge Water Way #UNIT 505

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NMLS#: 1598647

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Listed by Innerscope Realty LLC

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6500 Bridge Water Way #UNIT 505, Panama City Beach, FL 32407 (MLS# 987753) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 6500 Bridge Water Way #UNIT 505 is currently listed for $360,000 and was received on October 17, 2025. Want to learn more about 6500 Bridge Water Way #UNIT 505? Do you have questions about finding other Condo / 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.

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