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$140,000
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Property Description
***Investor Special*** in the prestigious, gated community of Bay Point. One-bedroom, one-bath condo located in Legends Villas, offering a rare opportunity to purchase at a very low price and complete a full renovation to your own design and taste. Unit currently has no kitchen or appliances and requires a total renovation, making it ideal for investors or buyers seeking a value-add project. Prime setting near water features and the first hole of the Nicklaus Golf Course. Bay Point features 24-hour security, championship golf, full-service marina, tennis courts, and is minutes to Panama City Beach, shopping, dining, and Tyndall AFB. Excellent upside potential in a highly desirable community. If you're seeking a low-entry-price renovation project with strong equity potential, this Legends Villas condo presents a compelling opportunity to buy right, renovate, and maximize returns in a premier gated community. Bring your vision and your contractor to check out this opportunity today!
Full Property Details
Full Property Details for 4725 Bay Point Rd #168
General
- Sold For: $140,000
- Taxes: $870 (2025)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 784446
- Added to Site: 55 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Gated
- Security/Safety: Security Gate, Security Guard, Security Service
Parking
- Parking Features: Paved, Parking Lot
Location
- County: Bay
- Subdivision: Bay Point Studio Villas Unit 2
- Driving Directions: Thomas left onto Magnolia then right onto Jan Cooley then right into the 2nd guard gate.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Low Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Lot Dimensions: 0 x 0
- Zoning: Resid Multi-Family
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $870
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BAY POINT STUDIO VILLAS UNIT 2 UNIT 168 EFF 1B 1300 SF AKA LEGEND VILLAS . ORB 467 P 27 . ORB 3925 P 1205
- Property ID: 31416-216-000
Listed and Sold by Christies International Real Estate Emerald Coast
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Schools
Schools serving 4725 Bay Point Rd #168
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 6.8 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 4725 Bay Point Rd #168
Date
Details
Price
Change
Source
3/18/2026
Sold
$140,000
-6.04%
MLS
2/19/2026
Price Reduced
$149,000
-12.3%
MLS
1/30/2026
Listed
$169,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4725 Bay Point Road #168, Panama City, FL 32408 (MLS# 784446) is a Condo property that was sold at $140,000 on March 18, 2026. Want to learn more about 4725 Bay Point Road #168? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

