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$430,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
See This Home
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS This stunning new construction home is a perfect blend of elegance and modern coastal living, offering gulf access for those who dream of life on the water. this home sits on an acre. From the moment you step inside, you'll be captivated by the exquisite finishes, thoughtful design, and impeccable attention to detail throughout. The open-concept layout is bathed in natural light, showcasing luxury. High-end fixtures, and a families dream kitchen with premium appliances and quarts countertops. The bedrooms are well places and are all upstairs so its not to clutter. While the beautifully designed bathrooms feel like a Pinterest design. Outside, enjoy breathtaking sunsets and the tranquil waterfront setting, perfect for boating, kayaking, or simply soaking in the coastal breeze. Every inch of this home has been crafted with love and sophistication, making it a truly exceptional place to call home. Don't miss the opportunity to own this stunning waterfront gem!

Full Property Details for 502 William Way

General

  • Sold For: $430,000
  • Taxes: $449 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 773513
  • Added to Site: 247 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: Smart Thermostat
  • Appliances: Electric Range
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Porch/Patio/Deck: Balcony

Parking

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

Location

  • County: Bay
  • Subdivision: Shadow Bay Unt 3 & 4
  • Driving Directions: Head east to FL-22 and take a left onto Summerset Ave. Continue straight until you reach Shadow Bay Dr., then turn right. From there, take a left onto Lacosta Ave., continue straight, and then make a right onto Williams Way. The home will be on the right.

School Information

  • Elementary School: Callaway
  • Middle School: Rutherford Middle
  • High School: Rutherford

Community

  • Community Name: 02 - Bay County - Central

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)

Utilities

  • Utility Description: Sewer Available

Structural Information

  • Architectural Style: Craftsman
  • Stories/Levels: 2
  • Sq. Ft. Source: Plans
  • Year Built: 2025

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Lot Size: .38
  • Lot Dimensions: 135 x 105
  • Lot Features: Paved
  • Fencing (Description): Partial

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Tax Amount: $449
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: SHADOW BAY UNIT #5 131D1 LOT 2 BLK A
  • Property ID: 06616-702-000

Listed by Keller Williams Success Realty
Sold by Beachy Beach Real Estate

Listing agent

— 502 William Way —

  • Keller Williams Success Realty

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 502 William Way

School District:Bay County School District
NameGradesDistance
Callaway Elementary School
7115 E Highway 22, Panama City, FL 32404
K-50.6 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-83.4 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 502 William Way

Date
Details
Price
Change
Source
8/06/2025
Sold
$430,000
-0.81%
MLS
6/26/2025
Price Increased
$433,500
2.36%
MLS
5/15/2025
Listed
$423,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Success Realty
Sold by Beachy Beach Real Estate

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502 William Way, Panama City, FL 32404 (MLS# 773513) is a Single Family property that was sold at $430,000 on August 06, 2025. Want to learn more about 502 William Way? Do you have questions about finding other Single Family 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.