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$414,000
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Property Description
Welcome to 513 William Way, a beautiful waterfront home in the peaceful and quiet neighborhood of Shadow Bay. This brand-new construction has beach access by boat to the Gulf of Mexico. As you step inside, you'll immediately notice the incredible attention to detail, with high ceilings and thoughtfully designed finishes that create a warm, inviting space. The open layout allows for plenty of natural light, making the home feel bright and spacious. The master bedroom faces the water, giving you stunning views the moment you wake up. It features gorgeous tile work, a luxurious shower, and a large walk-in closet a perfect blend of comfort and elegance.
Full Property Details
Full Property Details for 513 William Way
General
- Price: $414,000
- Taxes: $300 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 781932
- Updated: 12/1/2025
- Added to Site: 57 day(s) ago
Interior
- Number of Rooms: 3
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Balcony, Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Shadow Bay Unit 5
- Driving Directions: Turn east onto HW22 go 1 mile until you get to Shadow Bay on your left. Turn into the neighborhood, take your first right and then you next left onto Lacosta ave. finally turn right onto William way
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
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Contemporary
- Construction: HardiPlank Type, Wood Frame
- Windows: Double Pane Windows
- Stories/Levels: 2
- Sq. Ft. Source: Owner
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: .25
- Lot Dimensions: 36 x 132
- Lot Features: Sprinkler System
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water Front Desc.: Creek
- Water Front View: Creek
Financial Considerations
- Tax Amount: $300
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SHADOW BAY UNIT #5 131D1 LOT 8 BLK A
- Property ID: 06616-708-000
Listed by Beycome of Florida LLC
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Schools
Schools serving 513 William Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 0.7 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 3.4 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 513 William Way
Date
Details
Price
Change
Source
11/21/2025
Listed
$414,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 513 William Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$396
12%
$30,500
19%
2023
$353
27%
$25,600
22%
2021
$279
-6%
$21,000
-9%
2022
$297
6%
$23,000
15%
2021
$279
17%
$20,000
12%
2019
$239
5%
$17,866
—
2018
$228
-2%
$17,866
2%
2017
$233
-2%
$17,540
—
2016
$238
-2%
$17,488
1%
2015
$243
—
$17,316
—
2014
$242
-31%
$17,230
-37%
2013
$351
—
$27,328
—
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
Estimate the Cost for 513 William Way
513 William Way, Panama City, FL 32404 (MLS# 781932) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 513 William Way is currently listed for $414,000 and was received on November 21, 2025. Want to learn more about 513 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.

