6504 Bridge Water Way #Penthouse 2, Panama City Beach, FL, 32407
About This Home
WELCOME TO HIBISCUS BY THE BAY, A BOATERS PARADISE! 2900 SQUARE FOOT UPDATED WATERFRONT PENTHOUSE ONLY A SHORT !O MINUTE BOAT RIDE TO THE GULF! THIS AMAZING CONDO COMES WITH A COVERED BOAT SLIP & LIFT!! FEATURES 4 BEDROOMS/3 FULL BATHS IMMACULATELY UPDATED AND FURNISHED!! This amazing waterfront condo has the wow factor and is being sold completely updated and furnished! The condos extra large balcony spans the entire length of the condo and offers breathtaking views overlooking St. Andrews Bay and offers picture perfect sunrise views over the Bay! Some additional features are the HUGE master bedroom that has a walk in shower with dual benches and shower heads on each side and a picture window overlooking the Bay! there is ceramic tile throughout the condo, new paint and elegant furniture and artwork as well. BONUS the Condo comes with a covered slip in the onsite Marina!! NOTE: There is also an option for a great bargain on a 2019 Everglades 27 Ft Center Console with twin Yamaha engines only 150 hours on them, and an additional covered slip on the frontline for $950,000!! Ask the listing agent for details. Hibiscus by the Bay is one of the best kept secrets on the Beach , you will love the peace and quiet and enjoy being part of this Community! The complex encompasses 11 acres of prime Bay front property including a private Marina that offers quick access to the Bay and Gulf. Additional features are a newly upgraded pool deck a $5,000,000 overhaul of the property. a 400'' Fishing Pier, a Bay Front pool ,Hot Tub and grill area, Pickle ball court dog walks ,two additional grilling stations and bay front fitness center, library and Community room. There are NO short term rentals permitted and the property is gated with a full time maintenance staff. The HOA fees include are very reasonable and include all costs other than electricity. The slider doors were recently replaced to new wind code and the entire building was just painted including all balconies and walkways as well as upgraded elevators. Hibiscus by the Bay owners just saw a reduction in their HOA fees and all studies and inspections required by the State have been completed and funding requirements have been met. This Community is also approved for VA Loans! Schedule your appointment today with your favorite realtor. Don't miss this opportunity to truly own your piece of Paradise!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Concrete
Type & Style
- Home type: Condo
- Architectural style: High Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Convection Oven,ENERGY STAR Qualified Appliances,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Bedroom
- Level: First
- Dimensions: 14 x 13
Bedroom
- Level: First
- Dimensions: 14 x 13
Bedroom
- Level: First
- Dimensions: 14 x 13
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Handicap Access
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Ceiling Fan(s),Heat Pump
Interior Area
- Total structure area: 2,908
- Total interior livable area: 2,908 sqft
Living Room
- Level: First
- Dimensions: 30 x 28
Master Bedroom
- Level: First
- Dimensions: 21 x 20
Property
Accessibility
- Accessibility features: Accessible Common Area,Common Area,Accessible Elevator Installed,Accessible Doors,Accessible Entrance,Accessible Hallway(s)
Details
- Parcel number: 27345200138
- Attached to another structure: Yes
- Zoning description: Resid Multi-Family
- Special condition: Listed As-Is
Features
- Stories: 12
- Pool features: Gunite,In Ground,Community
- Patio & porch: Balcony
- Exterior features: Boat Slip,Fire Pit
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- On waterfront: Yes
- Waterfront features: Bayfront,Shoreline - Natural
Lot
- Features: Sprinkler System
- Lot size dimensions: 0 x 0
Parking
- Parking features: Parking Lot,Gated
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,495 | $53,940 |
| Home Insurance * | $321 | $3,852 |
| Property Taxes | $879 | $10,548 |
| Electricity | $292 | $3,511 |
| Total | $5,987 | $71,844 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $889,000 |
| 2026-02-11 | Listing removed | $888,000 |
| 2026-01-19 | Price change | $888,000 |
| 2026-01-12 | Price change | $888,900 |
| 2025-08-06 | Price change | $889,000 |
| 2025-08-03 | Price change | $929,000 |
| 2025-07-26 | Pending sale | $888,900 |
| 2025-06-24 | Price change | $888,900 |
| 2025-06-12 | Listed for sale | $899,000 |
| 2025-06-01 | Listing removed | $899,000 |
| 2025-04-02 | Listed for sale | $899,000 |
| 2023-07-28 | Sold | $800,000 |
| 2023-06-29 | Contingent | $845,000 |
| 2023-06-27 | Pending sale | $845,000 |
| 2023-05-09 | Price change | $845,000 |
| 2023-05-04 | Listed for sale | $859,000 |
| 2018-12-21 | Sold | $550,000 |
| 2016-08-23 | Sold | $515,000 |
| 2011-12-16 | Sold | $316,050 |
| 2005-11-15 | Sold | $818,900 |
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