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.
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Around this home
Schools
K - 12
Preschool & daycare
Patronis Elementary School
Public K-5 • Assigned • 1.9mi
7/10
Surfside Middle School
Public PreK-12 • Assigned • 7.7mi
6/10
J.R. Arnold High School
Public 9-12 • Assigned • 5.7mi
4/10
Provided by GreatSchools
About Bay
Point
Bay Point, located between St. Andrews Bay and Grand Lagoon, is a waterfront and resort-style Upper Grand Lagoon neighborhood with marina-lined canals and golf-course greens. The neighborhood’s character concentrates around the Bay Point Marina complex off Bay Point Road, where docks, charter boats, and breezy waterfront patios set the tempo. Low-slung coastal homes and condo clusters follow curving streets, with palms and water views shaping daily routines. Bay Point Marina, Nicklaus Course at Bay Point Golf Club, and the Sheraton Panama City Beach Golf & Spa Resort act as local pillars. Shoreline edges and boat slips keep the landscape oriented to the water.
Provided by Walk Score and Local Logic
Offer insights
523 Wahoo Rd · $1,050,000
$1.03M and above
75% chance or better to win
Why $1.03M+ is a strong offer
DAYS ON MARKET
168 days
The average home goes pending in 89 days.
SALE-TO-LIST
96.5%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Unfurnished
Recessed lighting
Split-bedroom layout
Gas fireplace
Bedrooms
4 bedrooms
First-floor primary bedroom with waterfront location
Bathrooms
3 full bathrooms
Primary bathroom with double vanity, sauna/steam, shower, tile, and walk-in closet
Kitchen
Kitchen island
Cooktop, dishwasher, disposal, and double oven
Heating & cooling
Central heating
Natural gas heating
Central air conditioning
Ceiling fans
Exterior features
Outdoor grill
Balcony
Partially fenced lot
Covered deck, open deck, and open patio
In-ground pool
Canal view
Waterfront with canal access and 80 feet of waterfront
Bulkhead/seawall
Private road with controlled access and paved surface
Home design
Two stories
Beach house architectural style
Parking
Attached garage with 2 spaces
Boat parking
Construction
Built in 1980
Stucco construction
Composite shingle roof
Utilities
Electricity
Natural gas
Public sewer
Public water
TV cable
HOA & community
Annual association fees include grounds and structure maintenance, licenses and permits, management, and security
Gated community with fishing, golf, marina, and waterfront amenities
Short-term rentals not allowed
Electricity and solar
View estimated energy costs and solar savings for this home
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.
ECAR #1003838
Oct 27, 2026
Price Changed
$1,050,000
$372/sq ft
May 17, 2026
Listed
$1,070,000
$379/sq ft
CPARMLS #772628
May 16, 2026
Listing Removed
—
Apr 24, 2026
Price Changed
$1,110,000
$394/sq ft
Jan 7, 2026
Price Changed
$1,110,500
$394/sq ft
Dec 15, 2025
Listing Removed
—
Nov 3, 2025
Price Changed
$1,110,000
$394/sq ft
Aug 27, 2025
Price Changed
$1,198,000
$425/sq ft
Jul 24, 2025
Price Changed
$1,199,000
$425/sq ft
May 8, 2025
Listed
$1,250,000
$443/sq ft
CPARMLS #500664
Oct 25, 2011
Sold
$365,000
$129/sq ft
Sep 22, 2011
Listed
$410,000
$145/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,868 (+3.2%)
2024
$3,749 (+1.6%)
2023
$3,692 (+10.7%)
2022
$3,335 (−0.4%)
2021
$3,347 (+0.1%)
2020
$3,343 (+1.4%)
2019
$3,297 (+0.5%)
2018
$3,280 (+1.6%)
2017
$3,230 (−2.2%)
$123,314 + $167,225
$290,539
2016
$3,304 (−2.3%)
$123,314 + $168,391
$291,705
2015
$3,383 (−1.7%)
$120,700 + $169,556
$290,256
2014
$3,440
Public record
Public record
Permits
Beds
4
Baths
3
Stories
2
Lot width
80 ft.
Lot depth
125 ft.
Lot size
9,975 Sq. Ft.
Year renovated
1980
Finished Sq. Ft.
2,820
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,820
Year built
1980
Style
Single Family Residential
County
Bay County
APN
30933409000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Aug 27, 2013 • Final
Roof
Roofing
Nov 9, 2012 • Final
Legacy - residential
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Panama City Beach, FL • 32408
Average low and high temperatures (°F)
60
45
67
54
73
59
78
65
82
72
88
77
90
80
88
77
88
73
80
66
74
60
66
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 523 Wahoo Rd
$989,684
$60K under list price of $1.05M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $530K to $1.2M.