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$350,000 -$10,000 (-2.78%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,447 Sq. Ft.
  • Updated 5 days ago
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Wake up to breathtaking sunrise views over St. Andrew Bay and the Hathaway Bridge from this beautifully updated 5th-floor waterfront condo. Hurricane-rated sliding glass doors open to a spacious 200 sq ft balcony, creating the perfect indoor-outdoor retreat for morning coffee or evening relaxation. Located in the gated Hibiscus by the Bay community, this home blends coastal views with modern updates and resort-style amenities. Inside, the condo offers a bright and welcoming space with crown molding and updated flooring throughout, creating a clean coastal feel that complements the waterfront setting. The kitchen has been tastefully updated with granite countertops, stainless steel appliances (2021), and brand-new cabinetry, providing both style and functionality for everyday living or entertaining. The primary suite overlooks the bay and features private balcony access along with a beautifully remodeled bathroom complete with a step-in shower, jetted soaking tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC system (2023), hot water heater (2023), and washer and dryer (2024), offering peace of mind for years to come. Situated on a private gated 10-acre peninsula with its own marina, Hibiscus by the Bay offers a peaceful bayfront lifestyle without the turnover of short-term rentals. Residents enjoy two swimming pools, tennis and basketball courts, dog walking areas, a fire pit, a 500-foot fishing pier, and a clubhouse. Nearly $7 million in community improvements along with reduced HOA fees have further elevated this sought-after waterfront community. A serene waterfront retreat located just minutes from the world-class beaches, dining, and entertainment of Panama City Beach.

Full Property Details for 6500 Bridge Water Way #UNIT 505

General

  • Price: $350,000
  • Taxes: $2,596 (2024)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 987753
  • Updated: 4/13/2026
  • Added to Site: 36 day(s) ago

Rental Information

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

Interior

  • Number of Rooms: 5
  • Interior Features: Ceiling Crwn Molding, Owner's Closet
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Flooring: Floor Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Balcony

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

Community

  • Association: Yes
  • Assoc. Fees Include: Management, Master Association, Other Utilities, Recreational Faclty, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water

Structural Information

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

Lot Features

  • Property View: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay

Financial Considerations

  • Assessment Amount: $2,204
  • Tax Amount: $2,596.61
  • Tax Year: 2024

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
  • APN: 27345-200-029
  • Property ID: 27345-200-029

Listed by Innerscope Realty LLC

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— 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

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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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 ATTOM Data Solutions 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
4/13/2026
Price Reduced
$350,000
-2.78%
MLS
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
2025
$2,641
2%
$254,406
3%
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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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 property with 2 bedrooms and 2 full bathrooms. 6500 Bridge Water Way #UNIT 505 is currently listed for $350,000 and was received on March 14, 2026. Want to learn more about 6500 Bridge Water Way #UNIT 505? Do you have questions about finding other Condo 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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