550 Wahoo Road, Panama City Beach, FL 32408 (MLS# 794863)


$3,150,000
550 Wahoo Road
Panama City Beach, FL 32408
MLS# 794863
6 beds  |  7 baths  |  7240 sqft


Front Elevation
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Property Description
This is a property you must see to believe. With over 7,200 sq. ft. of heated and cooled living space, 6 bedrooms, 5 bathrooms, 2 half baths, an office, a theater room, entertainment area w/ built-in wet bar and an expansive outdoor oasis, this home can accommodate a very large amount of people comfortably. The grand foyer entrance sets the tone for the rest of the home with high ceilings & large window for plenty of natural light. Speaking of natural light, there are windows & glass doors along the entire back of the home offering beautiful views from almost every room w/ access to the first- and second-floor patios. Located on the 1st floor is the primary suite w/ a fireplace and massive bathroom. The bathroom features double vanities, a double entry walk-through tiled shower, stand-alone copper soaking tub, separate water closet, two walk-in closets that both have shelving & drawers built-in, plus an additional linen closet. Also, on the 1st floor, there is an additional large suite with private bathroom featuring a custom tile shower. The gourmet kitchen boasts plenty of counter space & cabinetry, breakfast nook, high-end Liebherr Refrigerator, beverage cooler, undercounter ice maker & a double drawer Monogram cooling center. Need to prepare for a large meal or big party? No problem! This kitchen has a professional-grade 5 Star gas stove w/ 6 burners, grill plate, griddle, decorative tile hood vent, double ovens w/ additional warming rack, separate undercounter warming rack built into the island, and a pot filler! Cleanup is a breeze w/ 3 separate sinks, including 1 farmhouse & 1 prep sink & 2 Bosch Silence Plus dishwashers. With a separate butler's pantry, half bath, wine cellar & formal dining room, you can feel confident hosting that big event, sports viewing, or any other get-together you may have! The open kitchen/living area is an entertainer's dream and the double-sided fireplace that is also shared w/ the office creates a nice ambiance. On the second floor, you are greeted at the top of the sweeping staircase w/ a 19' x 29' landing area complete w/ custom wet bar including a microwave, dishwasher, beverage cooler & undercounter ice maker. All this with beautiful water views & second-floor patio access. The second floor also features a 12-seat theater room w/ leather recliners, perfect for movie nights, gaming, or simply relaxing. There are 3 bedrooms on this floor, all offering a unique experience. One bedroom has its own private en suite, a steam shower center & access to the patio. Another bedroom has a cute reading nook & additional large room that could be used for storage, crafts or many other options. The last room on this floor would be great for guests w/ a full bathroom just outside of its door & access to the patio. The 3rd floor ''Eagle's Nest'' is another great flex area. It has a bedroom w/ private en suite, plus amazing views of the lagoon. Outside is breathtaking, w/ a beautifully landscaped yard that includes a paver stone terrace, two built-in paver fireplaces w/ matching seating built around them for enjoying those nice evenings sitting by the water. The pool w/ built-in hot tub & the outdoor wet bar are perfect for those hot summer days... grab a drink, jump in & cool off or warm up & relax in the spa. The seawall was redone within the last three years, and composite decking was added all the way around for hassle-free maintenance. With over $500,000 in upgrades & additions, this property offers a level of quality, functionality, and luxury that is truly hard to find. The laundry room has built-in cabinets, there is a home generator, an elevator, multiple storage closets, high ceilings, ceiling fans throughout, travertine floors, and a tile roof that is less than ten years old. This home has it all! Don't miss the opportunity to own this elegant home in the highly sought-after Bay Point Community. This is more than a home-it is an exceptional waterfront lifestyle.

Details
Maps
General Property Info
Acreage: 0.44
Design: Contemporary
Lot Size (SqFt): 19166
Apx SqFt(Htd/Cooled): 7240
Construction Status: Construction Complete
SqFt Source: An Appraiser
Half Baths: 2
# of Stories in Building: 3
Accessory Dwelling Unit: No
Lot Dimensions: irregular
New Construction: No
Garage Y/N: Yes
Garage Spaces: 4
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 6
Full Baths: 5
Total Baths: 7
Year Built: 2006
Contract Info
List Price/SqFt: 435.08
Status: Active
List Date: 2026-08-31
List Price: $3,150,000
Current Price: $3,150,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: Bay Point Homes/Lots
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the Hathaway Bridge, head west on Hwy 98, Left on Thomas Dr. (Navy Blvd), Left on Magnolia Blvd (between Aldi's and Publix), use the main residence gate to enter. From there, take a right at the 2nd Marlin Circle entrance, left on Wahoo Rd, then left on Bonefish Drive, Left onto Wahoo Rd and the home will be on the right.
Area: 03 - Bay County - Beach
Street #: 550
Street Name: Wahoo
Street Suffix: Road
State: FL
Zip Code: 32408
County: Bay
Subdivision: Bonefish Pointe
Parcel ID: 31259-598-000
Legal Description: Lot 18, of Bonefish Pointe, according to the plat thereof, as recorded in Plat Book 18, Pages 28 and 29, of the Public Records of Bay County, Florida
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: Yes
HOA Amount: 1750
HOA Frequency: Annually
HOA Annual Amount: 1750
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 23989.67
Last Tax Year: 2025
Lot: 18
Brokerage Interest: No Interest
Section: 10
Township: 4S
Range: 15W
Remarks & Misc
Remarks: This is a property you must see to believe. With over 7,200 sq. ft. of heated and cooled living space, 6 bedrooms, 5 bathrooms, 2 half baths, an office, a theater room, entertainment area w/ built-in wet bar and an expansive outdoor oasis, this home can accommodate a very large amount of people comfortably. The grand foyer entrance sets the tone for the rest of the home with high ceilings & large window for plenty of natural light. Speaking of natural light, there are windows & glass doors along the entire back of the home offering beautiful views from almost every room w/ access to the first- and second-floor patios. Located on the 1st floor is the primary suite w/ a fireplace and massive bathroom. The bathroom features double vanities, a double entry walk-through tiled shower, stand-alone copper soaking tub, separate water closet, two walk-in closets that both have shelving & drawers built-in, plus an additional linen closet. Also, on the 1st floor, there is an additional large suite with private bathroom featuring a custom tile shower. The gourmet kitchen boasts plenty of counter space & cabinetry, breakfast nook, high-end Liebherr Refrigerator, beverage cooler, undercounter ice maker & a double drawer Monogram cooling center. Need to prepare for a large meal or big party? No problem! This kitchen has a professional-grade 5 Star gas stove w/ 6 burners, grill plate, griddle, decorative tile hood vent, double ovens w/ additional warming rack, separate undercounter warming rack built into the island, and a pot filler! Cleanup is a breeze w/ 3 separate sinks, including 1 farmhouse & 1 prep sink & 2 Bosch Silence Plus dishwashers. With a separate butler's pantry, half bath, wine cellar & formal dining room, you can feel confident hosting that big event, sports viewing, or any other get-together you may have! The open kitchen/living area is an entertainer's dream and the double-sided fireplace that is also shared w/ the office creates a nice ambiance. On the second floor, you are greeted at the top of the sweeping staircase w/ a 19' x 29' landing area complete w/ custom wet bar including a microwave, dishwasher, beverage cooler & undercounter ice maker. All this with beautiful water views & second-floor patio access. The second floor also features a 12-seat theater room w/ leather recliners, perfect for movie nights, gaming, or simply relaxing. There are 3 bedrooms on this floor, all offering a unique experience. One bedroom has its own private en suite, a steam shower center & access to the patio. Another bedroom has a cute reading nook & additional large room that could be used for storage, crafts or many other options. The last room on this floor would be great for guests w/ a full bathroom just outside of its door & access to the patio. The 3rd floor ''Eagle's Nest'' is another great flex area. It has a bedroom w/ private en suite, plus amazing views of the lagoon. Outside is breathtaking, w/ a beautifully landscaped yard that includes a paver stone terrace, two built-in paver fireplaces w/ matching seating built around them for enjoying those nice evenings sitting by the water. The pool w/ built-in hot tub & the outdoor wet bar are perfect for those hot summer days... grab a drink, jump in & cool off or warm up & relax in the spa. The seawall was redone within the last three years, and composite decking was added all the way around for hassle-free maintenance. With over $500,000 in upgrades & additions, this property offers a level of quality, functionality, and luxury that is truly hard to find. The laundry room has built-in cabinets, there is a home generator, an elevator, multiple storage closets, high ceilings, ceiling fans throughout, travertine floors, and a tile roof that is less than ten years old. This home has it all! Don't miss the opportunity to own this elegant home in the highly sought-after Bay Point Community. This is more than a home-it is an exceptional waterfront lifestyle.
Media Room
Second: 1
Office
First: 1
Pool Features
Inground: 1
Spa/ Hot Tub: 1
Appliances
Bar Fridge: 1
Dishwasher: 1
Disposal: 1
Ice Maker: 1
Microwave: 1
Oven - Double: 1
Oven - Gas: 1
Range - Gas: 1
Range Hood: 1
Refrigerator: 1
Warming Drawer: 1
Wine Refrigerator: 1
Interior Features
Breakfast Bar: 1
Ceiling - Crwn Molding: 1
Ceiling - Raised: 1
Elevator: 1
Fireplace: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Guest Quarters: 1
Kitchen Island: 1
Media Room: 1
Pantry: 1
Stairs: 1
Wet Bar: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Tile/Slate: 1
Exterior
Balcony: 1
Columns: 1
Deck Open: 1
Fireplace: 1
Patio Covered: 1
Porch Covered: 1
Sprinkler System: 1
Waterfront Feature
Bulkhead/Seawall: 1
Association Fees Include
Gated Community: 1
Management: 1
Master Association: 1
Financing
Cash: 1
Conventional: 1
Furnished
Negotiable: 1
Interior
Bonus Room: 1
Lot Features
Covenants & Rescrictions: 1
Cul-De-Sac: 1
Dead End: 1
Landscaped: 1
Subdivision - Recorded: 1
Survey Available: 1
Waterfront: 1
Lot Access
Gated Access: 1
Paved Road: 1
Parking Features
Additional Parking: 1
Garage Attached: 1
Golf Cart Garage: 1
Oversized: 1
Paver Block: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Boardwalk: 1
Gated Community: 1
Golf: 1
Marina: 1
Pavilion/Gazebo: 1
Security-24 hour: 1
Waterfront: 1
Sidewalks: 1
Rooms
Bedroom: 1
Primary Bedroom: 1
Media Room: 1
Office: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterfront Type
Lagoon/Estuary: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Second: 1
Third: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Mini-Split/Ductless: 1
Heating
Central: 1
Electric: 1
Fireplace(s): 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tub - Soaking: 1
MBath Walk-In Closet: 1
MBed Fireplace: 1
MBed First Floor: 1
MBed Waterfront: 1
Security Features
Gated Community: 1
Gated with Guard: 1
Property Features
Appliances: Bar Fridge; Dishwasher; Disposal; Ice Maker; Microwave; Oven - Double; Oven - Gas; Range - Gas; Range Hood; Refrigerator; Warming Drawer; Wine Refrigerator
Primary Bedroom: First
Bedroom: First; Second; Third
Cooling: Ceiling Fan(s); Central Air; Electric; Mini-Split/Ductless
Heating: Central; Electric; Fireplace(s)
Exterior: Balcony; Columns; Deck Open; Fireplace; Patio Covered; Porch Covered; Sprinkler System
Association Fees Include: Gated Community; Management; Master Association
Financing: Cash; Conventional
Furnished: Negotiable
Interior: Bonus Room
Lot Features: Covenants & Rescrictions; Cul-De-Sac; Dead End; Landscaped; Subdivision - Recorded; Survey Available; Waterfront
Lot Access: Gated Access; Paved Road
Media Room: Second
Office: First
Pool Features: Inground; Spa/ Hot Tub
Security Features: Gated Community; Gated with Guard
Parking Features: Additional Parking; Garage Attached; Golf Cart Garage; Oversized; Paver Block
Association Amenities: Boardwalk; Gated Community; Golf; Marina; Pavilion/Gazebo; Security-24 hour; Sidewalks; Waterfront
Rooms: Bedroom; Primary Bedroom; Media Room; Office
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Lagoon/Estuary
Waterfront Feature: Bulkhead/Seawall; Bulkhead/Seawall
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width Remarks
Primary BedroomFirst17 x 2217.0022.00Verify if important
BedroomFirst13.5 x 2113.5021.00Verify if important
OfficeFirst11.5 x 2011.5020.00Verify if important
BedroomSecond11.5 x 2111.5021.00Verify if important
Media RoomSecond13.5 x 2013.5020.00Verify if important
BedroomThird11.5 x 14.511.5014.50Verify if important

Listing Office: Coastal Choice Realty LLC

Last Updated: September - 01 - 2026

Information deemed reliable but not guaranteed.