Property Attributes
- MLS#793825
- TypeSingle Family
- Listing Status Pending
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodPreserve On The Bay Ph I
- Zip32408
- Style
- Year Built1997
- Taxes$ 9978
- Price$ 2,274,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage5629
- Lot Size1.05 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Experience waterfront living at its finest in The Preserve on the Bay, one of Panama City Beach's most desirable gated communities. Set along the bay with expansive water views, this impressive 5-bedroom, estate offers 5,629 square feet of thoughtfully designed living space and an exceptional combination of luxury, privacy, and waterfront amenities. The spacious two-story interior is freshly painted and features wood flooring, new carpet, custom wood cabinetry, high-end gas appliances, and generous living areas designed for both everyday living and entertaining. The first-floor primary suite provides a private retreat, while a dedicated study offers an ideal space for working from home. Upstairs, additional bedrooms and a large bonus room provide flexibility for family and guests. Outdoor living is where this property truly shines. Enjoy the private pool, expansive covered patio, and breathtaking bay views from the comfort of your own backyard. A private dock provides convenient access to the water and creates an exceptional setting for enjoying Northwest Florida's beautiful waterways. Additional features include an oversized four-car garage, circular driveway, brick construction, and ample storage. Located within the 24-hour gated and guarded community of The Preserve on the Bay, this extraordinary property offers a rare opportunity to enjoy a private waterfront lifestyle while remaining close to the beaches, dining, shopping, and amenities of Panama City Beach.
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/10/2026 | Listed $2,274,000 |
General Features
| Property Subtype | Single Family Residence |
|---|---|
| Tax Year | 2025 |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Preserve On The Bay Ph I |
| Status | Pending |
| Directions | From Hathaway Bridge go South on Navy Blvd. , make a left turn onto Magnolia Beach Rd. Turn left into The Preserve. Follow Preserve Blvd and bear right on to Preserve Bay Blvd. |
| High School | Arnold |
| City | Panama City |
| Zoning Description | County |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 45738 |
| Elementary School | Patronis |
| Tax Annual Amount | 9978.56 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0319 - Beach - East |
| Standard Status | Pending |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Occupied |
| Waterfront Features | Bayfront |
| Year Built | 1997 |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s),Multi Units |
| Appliances | Gas Cooktop,Gas Range |
| Patio/Porch Features | Covered,Patio,Porch |
| Construction Materials | Brick |
| View | Bay,Water |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 6 |
| Full Baths | 4 |
| Garage Spaces | 4 |
| Architectural Style | Contemporary |
| Stories Count | 2 |
| Levels | Two |
| Pool Features | In Ground,Private |
| Security Features | 24 Hour Security,Security Guard,Security Service |
| New Construction | false |
| Roof | Shingle |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Double Vanity,Main Level Primary,Sitting Area in Primary,Soaking Tub,Separate Shower,Walk-In Closet(s) |
| Furnished Units | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 5 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
| Total Stories | 2 |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Size Area | 1.05 |
| Lot Dimensions | Irregular |
| Lot Size Acres | 1.05 |
| Road Frontage Type | Private Road |
| Parking Features | Circular Driveway,Garage,Garage Door Opener |
| Building Area Total | 5629 |
| Waterfront Y/N | true |
| Exterior Amenities | Dock |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating