Sold
Last Sold Price

481 Wahoo Rd, Panama City Beach, FL 32408

OtherProperty Type
0.34 acresLot Size

Description

'UNDER CONTRACT SELLER WILL CONSIDER BACK UP OFFERS' Don't miss this rare opportunity to own one of the few remaining waterfront vacant lots in the highly sought-after gated Bay Point community. This already-cleared .338-acre lot is tucked away on a quiet cul-de-sac and offers 66 feet of pristine canal frontage, complete with a durable vinyl seawall and a brand-new concrete dock with pilings—ready to accommodate your coastal lifestyle. Enjoy the convenience of being just moments from the Thomas Drive...'UNDER CONTRACT SELLER WILL CONSIDER BACK UP OFFERS' Don't miss this rare opportunity to own one of the few remaining waterfront vacant lots in the highly sought-after gated Bay Point community. This already-cleared .338-acre lot is tucked away on a quiet cul-de-sac and offers 66 feet of pristine canal frontage, complete with a durable vinyl seawall and a brand-new concrete dock with pilings—ready to accommodate your coastal lifestyle. Enjoy the convenience of being just moments from the Thomas Drive back gate, providing quick and easy access in and out of the neighborhood. With underground utilities already in place and water, sewer, and gas readily available nearby, this homesite is primed for your dream build. Tucked securely within Bay Point's gated community, you'll experience a range of top-notch amenities, including 24-hour roving security, a prestigious golf club featuring the exclusive Nicklaus Golf Course (the only one of its kind in Northwest Florida), Point South Marina, a state-of-the-art full-service marina with a fuel dock and slips accommodating boats up to 120 feet. Buyer to verify all important information.
  • Listed by: Zack Seltzer • Seltzer Real Estate, LLC
Listing closed: 10/31/2025 12:00 AM • Source: CPAR, MLS#: 773655
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$143,000

Avg days on market

318

Sale-to-list ratio

75.4%

Panama City Beach, FL

9 comparable properties found

$455,000 | 409 Wahoo Road, Panama City Beach, FL 32408
1/17
1

$455,000

Sold 07/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.2
Acres
$305,000 | 497 North Marlin Drive, Panama City Beach, FL 32408
1/23
2

$305,000

Sold 12/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.04
Acres
$62,500 | 3411 Martinique Lane, Panama City Beach, FL 32408
1/10
3

$62,500

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$140,000 | 3301 Green Turtle Lane, Panama City Beach, FL 32408
1/10
4

$140,000

Sold 07/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.2
Acres
$60,000 | 5304 Hopetown Lane, Panama City Beach, FL 32408
1/15
5

$60,000

Sold 02/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$80,000 | 136 Kingston Circle, Panama City Beach, FL 32408
1/30
6

$80,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$155,500 | 5219 Bella Casa Place, Panama City Beach, FL 32408
1/28
7

$155,500

Sold 10/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
$143,000 | 5201 Finisterre Drive, Panama City Beach, FL 32408
1/17
8

$143,000

Sold 05/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres
$250,000 | 4301 Catherine Street, Panama City Beach, FL 32408
1/7
9

$250,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.52
Acres

Location

Listing Courtesy of Seltzer Real Estate, LLC

Sold By Think Real Estate

Add your commute
Payment Calculator

$2,525 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,269

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 481 Wahoo Road

Property Details

  • MLS Type: Residential / Residential / Land
  • County: Bay County
  • Waterfront: Yes
  • Waterfront Features: Canal Front, Gulf Access, Seawall
  • Subdivision Name: Bay Point Unit 1
  • View: Canal
  • Zoning Description: County, Resid Single Family
  • View: Yes

Building Information

  • Lot Size: 0.34 AC / 14,810 SF

Summary

Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From owner's gate: Turn right off of Bay Point Drive onto Marlin Circle. Then turn right on to Wahoo Rd. Then turn left on Bonefish Dr. Turn right back on to Wahoo Rd. Lot will be down on the right at the cul-de-sac.
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.1522
  • Longitude: -85.746077
  • State Or Province: FL
  • Road Frontage Type: Private Road
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0319 - Beach - East
Taxes and HOA Information
  • Parcel Number: 30933-430-000
  • Association Name: RCAM
  • Association: Yes
  • Tax Legal Description: BAY POINT UNIT 1 LOT 336 LESS AND EXCEPT BEG AT THE SW COR OF LOT 336 TH N 142.80' TH E 15' TH SWLY 143.92' TO POB ORB 4746 P 700
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Property

Lot Information
  • Lot Features: Cul De Sac, Paved
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Dimensions: 50x117x143x66x146
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14723.0
Property and Assessments
  • Human Modified: No
Utilities
  • Utilities: Sewer Available

Interior and Exterior Features

Exterior Features
  • Association Amenities: Gated
  • Community Features: Gated
  • Security Features: Twenty Four Hour Security, Security Guard

Mobile Home

Mobile Home Information
  • Mobile Dim Units: Feet

Property History for 481 Wahoo Road

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Sold (Public Record)

Public Record #1919667120

$425,000

+95.5% / yr

Oct 31, 2025

Sold

CPAR #773655

$425,000—
Aug 8, 2025

Pending

CPAR #773655

—
DateEvent & SourcePrice
10/31/2025

Sold (Public Record)

Public Record #1919667120

$425,000

+95.5% / yr

10/31/2025

Sold

CPAR #773655

$425,000
08/08/2025

Pending

CPAR #773655

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

481 Wahoo Road

Beds

3

Stories

1

Lot Size

8,494 SqFt

Style

Planned Unit Development

Zoning

BC15

County

BAY

Schools near 481 Wahoo Road

This home is within Bay District Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 5
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Surfside Middle School
PublicPK to 12

Patronis Elementary School
PublicK to 5

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 32408

$1,299,000 | 4115 Holiday Drive, Panama City, FL 32408
1/70
NewNew Construction

$1,299,000

4
Bedrooms
3,500
Square Feet
0.17
Acres
$339,000 | 10901 Front Beach Road, Unit 1909, Panama City Beach, FL 32408
1/48
New

$339,000

Studio
Bedrooms
429
Square Feet
$469,900 | 9860 South Thomas Drive, Unit 2124, Panama City Beach, FL 32408
1/31

$469,900

3
Bedrooms
1,262
Square Feet
$199,000 | 4725 Bay Point Road, Unit 168, Panama City Beach, FL 32408
1/21

$199,000

1
Bedrooms
900
Square Feet
$3,299,000 | 5944 Gulf Drive, Panama City Beach, FL 32408
1/50
Virtual Tour

$3,299,000

6
Bedrooms
4,747
Square Feet
0.12
Acres
$499,000 | 9860 South Thomas Drive, Unit 1012, Panama City, FL 32408
1/83

$499,000

3
Bedrooms
1,681
Square Feet
$210,000 | 4000 Ocean Street, Panama City Beach, FL 32408
1/5

$210,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$4,550,000 | 2400 Grandiflora Boulevard, Panama City, FL 32408
1/10

$4,550,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.8
Acres
$599,900 | 3707 Mystic Street, Unit AB, Panama City Beach, FL 32408
1/61

$599,900

5
Bedrooms
2,184
Square Feet
Unavailable
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 481 Wahoo Road, Panama City Beach, FL 32408
$425,000
–
–
–
14,810
$560,000
3
2,188
7,840
$320,000
4
2,744
15,840
$725,000
4
4,289
–
$642,500
3
2
2,390
9,583
$1,275,000
5
4,418
12,196

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Seltzer Real Estate, LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.