6500 Bridge Water Way 505
Panama City Beach, FL 32407
MLS# 780512
2 beds | 2 baths | 1447 sqft
Property DescriptionWake up to breathtaking sunrise views over St. Andrew Bay and the Hathaway Bridge from this beautifully updated 5th-floor waterfront condo. Hurricane-rated sliding glass doors open to a spacious 200 sq ft balcony, creating the perfect indoor-outdoor retreat for morning coffee or evening relaxation. Located in the gated Hibiscus by the Bay community, this home blends coastal views with modern updates and resort-style amenities. Inside, the condo offers a bright and welcoming space with crown molding and updated flooring throughout, creating a clean coastal feel that complements the waterfront setting. The kitchen has been tastefully updated with granite countertops, stainless steel appliances (2021), and brand-new cabinetry, providing both style and functionality for everyday living or entertaining. The primary suite overlooks the bay and features private balcony access along with a beautifully remodeled bathroom complete with a step-in shower, jetted soaking tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC system (2023), hot water heater (2023), and washer and dryer (2024), offering peace of mind for years to come. Situated on a private gated 10-acre peninsula with its own marina, Hibiscus by the Bay offers a peaceful bayfront lifestyle without the turnover of short-term rentals. Residents enjoy two swimming pools, tennis and basketball courts, dog walking areas, a fire pit, a 500-foot fishing pier, and a clubhouse. Nearly $7 million in community improvements along with reduced HOA fees have further elevated this sought-after waterfront community. A serene waterfront retreat located just minutes from the world-class beaches, dining, and entertainment of Panama City Beach.
HOA Fee: Yes
HOA Amount: 2204.07
HOA Frequency: Quarterly
HOA Annual Amount: 8816.28
New Buyer Fee: No
Last Taxes: 2597
Last Tax Year: 2024
Brokerage Interest: No Interest
List Price/SqFt: 241.88
Status: Active
List Date: 2025-10-17
List Price: $350,000
Unit #: 505
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Highway 98 to Wildwood, turn right on Bridge Water Way, Hibiscus By the Bay Condos are at the end of the road. Gate code is required.
Area: 03 - Bay County - Beach
Street #: 6500
Street Name: Bridge Water
Street Suffix: Way
State: FL
Zip Code: 32407
County: Bay
Subdivision: Hibiscus By The Bay
Parcel ID: 27345-200-029
Legal Description: HIBISCUS BY THE BAY, A CONDO TOWER I UNIT 505 TYPE C ORB 2667 P 1182 2BR 2B 1446.9 SQ FT ORB 4151 P 1457
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1447
Construction Status: Construction Complete
SqFt Source: Prop App Site
Balcony SqFt: 200
# of Stories in Building: 8
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks: Wake up to breathtaking sunrise views over St. Andrew Bay and the Hathaway Bridge from this beautifully updated 5th-floor waterfront condo. Hurricane-rated sliding glass doors open to a spacious 200 sq ft balcony, creating the perfect indoor-outdoor retreat for morning coffee or evening relaxation. Located in the gated Hibiscus by the Bay community, this home blends coastal views with modern updates and resort-style amenities. Inside, the condo offers a bright and welcoming space with crown molding and updated flooring throughout, creating a clean coastal feel that complements the waterfront setting. The kitchen has been tastefully updated with granite countertops, stainless steel appliances (2021), and brand-new cabinetry, providing both style and functionality for everyday living or entertaining. The primary suite overlooks the bay and features private balcony access along with a beautifully remodeled bathroom complete with a step-in shower, jetted soaking tub, double vanity, and walk-in closet. Additional recent upgrades include a new HVAC system (2023), hot water heater (2023), and washer and dryer (2024), offering peace of mind for years to come. Situated on a private gated 10-acre peninsula with its own marina, Hibiscus by the Bay offers a peaceful bayfront lifestyle without the turnover of short-term rentals. Residents enjoy two swimming pools, tennis and basketball courts, dog walking areas, a fire pit, a 500-foot fishing pier, and a clubhouse. Nearly $7 million in community improvements along with reduced HOA fees have further elevated this sought-after waterfront community. A serene waterfront retreat located just minutes from the world-class beaches, dining, and entertainment of Panama City Beach.
Heated - Gas: 1
Inground: 1
Cooktop - Electric: 1
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Ceiling - Crwn Molding: 1
Floor - Laminate: 1
Boat Launch: 1
Bulkhead/Seawall: 1
BBQ Pit/Grill: 1
Community Room: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Master Association: 1
Pest Control: 1
Tennis: 1
Trash Disposal: 1
Water: 1
Other - See Remarks: 1
Comm/Own/Maint: 1
Gated Access: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
BBQ Pit/Grill: 1
Community Room: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Marina: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Waterfront: 1
Pickle Ball: 1
Kitchen: 1
Master Bathroom: 1
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Fire Alarm: 1
Gated Community: 1
Security Gate: 1
Security Lights: 1
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Range Hood; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Association Fees Include: BBQ Pit/Grill; Community Room; Dock; Dumpster; Fishing; Exercise Room; Gated Community; Insurance; Ground Keeping; Management; Master Association; Pest Control; Pool; Sewer; Tennis; Trash Disposal; Water; Other - See Remarks
Financing: Cash; Conventional; FHA; VA
Lot Access: Comm/Own/Maint; Gated Access; Paved Road
Pool Features: Heated - Gas; Inground; Spa/ Hot Tub
Security Features: Fire Alarm; Gated Community; Security Gate; Security Lights
Other Structures: Tennis Court(s)
Association Amenities: BBQ Pit/Grill; Community Room; Dock; Dumpster; Fishing; Exercise Room; Gated Community; Marina; Pavilion/Gazebo; Pickle Ball; Picnic Area; Pool; Recreation Facilities; Tennis; Waterfront
Rooms: Bedroom; Dining Room; Kitchen; Master Bathroom; Master Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Boat Launch; Bulkhead/Seawall; Bulkhead/Seawall; Shore - Beach
Present Zoning: Resid Multi-Family
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 17 x 14 | 17.00 | 14.00 | 17 x 14 |
| Master Bathroom | First | 12 x 6 | 12.00 | 6.00 | 12 x 6 |
| Bedroom | First | 14 x 13 | 14.00 | 13.00 | 14 x 13 |
| Dining Room | First | 23 x 14 | 23.00 | 14.00 | 23 x 14 |
| Kitchen | First | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
Listing Office: Innerscope Realty LLC
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.