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$1,070,000
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Property Description
Canal-front living with direct Gulf access defines this exceptional home at 523 Wahoo Road in the gated Bay Point community of Panama City Beach. Set along a wide canal in one of the area's most established marina neighborhoods, this 4-bedroom, 3-bath residence offers approximately 2,820 square feet of thoughtfully designed coastal living with effortless boating convenience. The main living areas are oriented to showcase tranquil water views, with large windows and easy flow to the outdoor spaces. A spacious, open design connects both living rooms, the dining area, and the kitchen, creating an inviting layout ideal for everyday living and entertaining. Distinctive sunken living rooms add architectural character and warmth, providing comfortable gathering spaces with timeless appeal. The kitchen features generous counter space, abundant cabinetry, and a functional layout suited for everything from casual mornings to hosting family and guests. The privately situated primary suite captures canal views and offers ample closet space and an en suite bath designed for comfort and privacy. Three additional bedrooms and two full baths provide flexibility for guests, a home office, or additional living space, making this property well suited as either a primary residence or a coastal second home. Outdoor living is central to the appeal of this canal-front property. With direct access to the Gulf of Mexico, it is ideal for boating, fishing, and exploring the surrounding waterways. The waterfront setting offers room to relax, dine, and enjoy the peaceful canal views throughout the year. Located within Bay Point, a gated marina and golf community in Panama City Beach, residents benefit from controlled access, optional golf and tennis, nearby dining, and convenient proximity to local beaches, marinas, and area amenities. This combination of secure, established neighborhood setting and direct boating access to the Gulf makes 523 Wahoo Road a rare opportunity for spacious canal-front living in one of Panama City Beach's most desirable coastal communities.
Full Property Details
Full Property Details for 523 Wahoo Rd
General
- Price: $1,070,000
- Taxes: $3,868 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 790307
- Updated: 6/19/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Double Vanity, Interior Steps, Main Level Primary, Sauna, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Bar Fridge, Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Private
- Security/Safety: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Gate, Security Service
Exterior
- Exterior Features: Barbecue, Covered Patio, Deck, Dock, Patio, Fire Pit
- Porch/Patio/Deck: Balcony, Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Circular Driveway, Gated
Location
- County: Bay
- Subdivision: Bay Point Unit 1
- Driving Directions: From Guard Gate at Delwood and Bay Point Rd, head south on Bay Point Rd, make a right on Marlin Circle, left on Wahoo Rd, left on Bonefish Dr, Left on Wahoo Rd and home is on the right.
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, Ceiling Fan(s)
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Coastal
- Construction: Stucco
- Roof: Composition, Shingle
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 1980
Lot Features
- Property View: Canal, Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size: .23
- Lot Dimensions: 80 x 125
- Frontage: Private Road
- Zoning: Resid Single Family
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Access, Seawall
- Water Front View: Canal Access, Seawall
Financial Considerations
- Tax Amount: $3,868
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BAY POINT UNIT 1 LOT 315 ORB 3360 P 903
- Property ID: 30933-409-000
Listed by Corcoran Reverie
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Schools
Schools serving 523 Wahoo Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.8 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 523 Wahoo Rd
Date
Details
Price
Change
Source
5/23/2026
Listed
$1,070,000
193.15%
MLS
10/24/2011
Sold
$365,000
—
Public Record
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 523 Wahoo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,749
—
$350,931
3%
2024
$3,749
2%
$341,041
3%
2023
$3,692
10%
$331,108
6%
2021
$3,347
—
$313,557
-3%
2022
$3,335
—
$322,964
4%
2021
$3,347
2%
$309,228
2%
2019
$3,297
1%
$302,276
2%
2018
$3,280
2%
$296,640
2%
2017
$3,230
-2%
$290,539
—
2016
$3,305
-2%
$291,705
—
2015
$3,384
-2%
$290,256
-2%
2014
$3,440
11%
$294,907
-1%
2013
$3,109
—
$298,369
—
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 523 Wahoo Rd
523 Wahoo Road, Panama City, FL 32408 (MLS# 790307) is a Single Family property with 4 bedrooms and 3 full bathrooms. 523 Wahoo Road is currently listed for $1,070,000 and was received on May 23, 2026. Want to learn more about 523 Wahoo Road? 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.

