Panama City Beach Homes with Bay Waterfront Features

Welcome to Panama City Beach, Florida – a stunning coastal paradise that perfectly blends serene natural beauty with vibrant beach life. Nestled along the Gulf of Mexico, this picturesque destination is renowned for its stunning white-sand beaches, crystal-clear waters, and a plethora of outdoor activities. Whether you’re looking to soak up the sun, enjoy thrilling water sports, or explore the charming local shops and restaurants, Panama City Beach has something for everyone.

One of the most enchanting features of this area is its beautiful homes with bay waterfront features. Imagine waking up every morning to breathtaking views of the shimmering bay, where the sun casts a golden glow across the water. These waterfront properties offer the perfect sanctuary for those who appreciate nature's beauty and desire a lifestyle infused with tranquility. With direct access to the bay, residents can indulge in kayaking, paddleboarding, or simply unwinding on their private docks while watching the sunset paint the sky in vibrant hues.

The real estate market in Panama City Beach is thriving, with a variety of homes that cater to diverse tastes and budgets. From charming beach cottages to luxurious waterfront estates, there’s a perfect home waiting for you. With the allure of bayfront living, you can enjoy both the excitement of beach life and the peacefulness of waterfront views.

Discover the magic of Panama City Beach and let your dream of bayfront living become a reality. Embrace a lifestyle where every day feels like a vacation in this beautiful slice of paradise!

Newest Panama City Beach Homes with Bay Waterfront Features

4600 Kingfish Ln Unit #102, Panama City Beach

$445,000

2 Beds ⋅ 2 Baths ⋅ 690345 MLS ⋅ Lagoon Towers Ph 1 Condo BLDG.

Your Florida Coastal Retreat Awaits | Lagoon Towers at Bay Point Discover the opportunity to own your own piece of the Florida coastal lifestyle at Lagoon Towers, located within the gated Bay Point community of Panama City Beach. This ground-level condominium offers an appealing opportunity for buyers seeking a seasonal escape, a second home, a place to enjoy retirement, or a property with investment potential. Designed for those who appreciate convenience and the freedom to enjoy more of what they love, this residence provides a welcoming starting point for your next coastal chapter. Spend your days exploring the area's boating and fishing opportunities, enjoying nearby golf, discovering local restaurants, or escaping the demands of everyday life in favor of the relaxed pace of coastal living. Situated within the established Bay Point community, Lagoon Towers offers convenient access to the recreational attractions, shopping, dining, and waterfront experiences that make Panama City Beach a sought-after destination. The ground-level location adds another practical consideration for buyers who prefer convenient access without needing to rely on stairs or an elevator to reach their residence. Whether you're escaping colder northern winters, planning weekend getaways, or looking for a place to enjoy throughout the year, this property offers an opportunity to make the Florida Gulf Coast part of your lifestyle. For snowbirds seeking a warmer winter destination, buyers looking for a second-home retreat, or those exploring real estate opportunities along Florida's Gulf Coast, this Lagoon Towers condominium is worth a closer look. Make your move to Bay Point and start enjoying more of the Florida lifestyle you've been looking for. Schedule your private showing and explore the possibilities at Lagoon Towers. Condo CC&R's are available upon request.

4600 Kingfish Ln Unit #102, Panama City Beach

Listing courtesy of Reason Realty & Co., LLC.

$815,000

3 Beds ⋅ 2 Baths ⋅ 1013877 MLS

Enjoy waterfront living in the desirable Lower Grand Lagoon area of Panama City Beach with this 3-bedroom, 2-bath home offering 50 feet of frontage on the lagoon and direct access to the Gulf. The property features a boathouse with a 10,000-lb boat lift, making it easy to enjoy boating, fishing, and days on the water right from your backyard. Inside, the home offers an open floor plan with a wood-burning fireplace, granite countertops in the kitchen and bathrooms, and an enclosed porch providing additional space for relaxing, entertaining, or creating a home office or game room. Recent improvements include new flooring and interior paint throughout, exterior paint completed in 2025, and roofs on both the home and boathouse replaced in 2022. The HVAC was serviced and the septic tank pumped in 2026. A detached one-car garage provides additional storage for beach and boating gear. For buyers needing even more space, a separate lot located approximately one block away is also available for purchase separately (MLS #796638 )and features a three-car garage--perfect for storing boats, vehicles, golf carts, and other toys or creating additional workspace. Conveniently situated near the beautiful beaches of the Gulf, local dining, shopping, and entertainment, this property offers easy access to everything Panama City Beach has to offer. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers plenty of possibilities!

7012 S Lagoon Dr, Panama City Beach

Listing courtesy of Salty Marlin Realty.

$744,000

1013310 MLS

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' An Extraordinary Waterfront Opportunity with Gulf Views in Panama City Beach Opportunities like this are becoming increasingly rare. Perfectly positioned along Front Beach Road, this exceptional waterfront property offers a breathtaking setting between Lullwater Lake and Star Lake, while also capturing beautiful views of the emerald waters of the Gulf of America. Imagine watching spectacular sunsets paint the sky each evening as the shimmering Gulf provides a stunning backdrop just moments away. This unique property combines the serenity of lakefront living with the excitement and convenience of one of Panama City Beach's most desirable locations. Wake up to peaceful water views, enjoy gentle coastal breezes, and experience the best of Florida's waterfront lifestyle with the beach just across the street. Whether you're envisioning a luxury coastal estate, an exclusive vacation retreat, or a premier development opportunity, the possibilities are truly endless. The property's elevated position offers the potential to maximize panoramic views of the Gulf of America while preserving the tranquil beauty of the surrounding lakes. Just minutes from Pier Park, Frank Brown Park, world-class dining, shopping, entertainment, and Northwest Florida Beaches International Airport, this property delivers the perfect balance of privacy, convenience, and investment potential.

16544 Front Beach Rd, Panama City Beach

Listing courtesy of Emerald Coast Realty Group.

$575,000

1012940 MLS

RARE WEST BAY WATERFRONT OPPORTUNITY! Discover the privacy, boating access and natural beauty of this approximately half-acre waterfront homesite tucked away on a quiet street with very few neighboring lots. Much of the groundwork has already been completed, including a new private dock, boat lift, well, and beautiful white pine privacy fencing accented by masonry columns. Step from your future home onto your own dock and enjoy direct access to West Bay and the Intracoastal Waterway, with boating access to St. Andrews Bay and the Gulf of Mexico. Spend your days fishing, cruising the ICW, exploring Shell Island or heading offshore -- all from your own backyard. The location becomes even more compelling as the West Bay/Highway 79 corridor continues to grow. Point South Marina West Bay is currently under development nearby, bringing additional boating infrastructure and amenities to this rapidly developing area. What truly separates this property is its privacy and scarcity. With very few lots along this secluded street, opportunities to own a waterfront homesite with this combination of space, improvements and boating access are extremely limited. Build your dream waterfront home and enjoy the best of both worlds: a peaceful, private setting surrounded by the natural beauty of West Bay while remaining convenient to Panama City Beach and the continued growth of the West Bay area. Bring your boat and your plans -- the waterfront lifestyle starts here.

7913 1st St Rd, Panama City Beach

Listing courtesy of EXP Realty LLC.

11807 Front Beach Rd Unit # 1907, Panama City Beach

$639,000

2 Beds ⋅ 2 Baths ⋅ 1012333 MLS

Welcome to 1-1907 at Grand Panama Resort, a beautifully appointed 19th-floor-unit 2-bedroom, 2-bath with Hallway Bunks. Condo overlooks the sparkling Emerald Coast waters. Privately owned but is placed in a short-term rental program, the property has been meticulously cared for and remains in exceptional condition. Tile and LVP flooring, updated backsplash, beautifully painted, dishwasher, washer and dryer combo, water heater, and all furnishings with a refined coastal aesthetic. The open living space extends to a oversized balcony shared with the primary suite, creating an effortless connection to the Gulf from sunrise through sunset. Its turnkey presentation makes 1907 equally appealing as a sophisticated vacation home or an investment poised for the short-term rental market.Grand Panama offers two pools, two hot tubs, fitness center, tiki bar, dog park, beach access and 24-hour security. Tower 2 features Grand Pizzeria and Coffee Co., while a coded-access nature walk leads to Another Broken Egg. Covered parking in Tower 2 connects to Tower 1 via a 5th-floor elevator to the covered bridge. Highly sought-after storage closets are available for an annual fee and renew each January, plus storage cages. Owners also have access to discounted annual beach chair service. 1907 is the total package & offers an exceptional Gulf-front opportunity.Call and schedule your showing today. Grand Panama is a Condotel.

11807 Front Beach Rd Unit # 1907, Panama City Beach

Listing courtesy of Equity & Trust Realty Inc.

$899,000

1012161 MLS

Exclusive Waterfront Lot in Finisterre Gated Community with Gulf Access Experience the epitome of waterfront living in the prestigious Finisterre neighborhood with this extraordinary residential lot. Located within a secure gated community, this property offers the ultimate blend of privacy, luxury, and direct access to the Gulf of Mexico. Situated along approximately 165 feet of pristine water frontage, this lot boasts panoramic views and is preapproved for the construction of a private dock, making it a paradise for boating enthusiasts. Enjoy tennis courts, basketball courts, and community dock.

5234 Finisterre Dr, Panama City Beach

Listing courtesy of Beachy Beach Real Estate.

$665,000

3 Beds ⋅ 2 Baths ⋅ 1011074 MLS

LIVE WHERE THE BAY MEETS THE GULF. Welcome to 2330 Pelican Bay Ct, an exceptional waterfront townhome offering an elevated coastal lifestyle with breathtaking views overlooking St. Andrews Bay and the harbor. Located in the desirable Pelican Bay community, this spacious 3-bedroom, 2.5-bath residence offers 2,357 square feet of beautifully proportioned living space, a private 2-car garage, and an extraordinary setting for those who appreciate life on the water. From the moment you arrive, the peaceful waterfront setting makes an impression. Inside, the generous floor plan offers an effortless blend of comfort and sophistication, with spacious living areas designed to take advantage of the beautiful surroundings. Natural light fills the home while the bay and harbor views create a stunning backdrop for everyday living. Step outside and embrace the boating lifestyle that makes this property truly special. St. Andrews Bay provides access through St. Andrews Pass to the Gulf of Mexico and Shell Island, putting some of the area's most beautiful waters, beaches, and boating destinations within easy reach. For boat owners, convenience doesn't get much better--you can keep your boat right outside your unit on an anchor buoy, and the community's private dock provides a convenient place to load and unload before heading out on the water. Imagine starting your morning with coffee overlooking the bay, heading out by boat for an afternoon at Shell Island, then returning home to enjoy the sunset from your waterfront porch. This is coastal living designed around the water. The spacious primary suite provides a peaceful private retreat, while two additional bedrooms offer flexibility for family, guests, a home office, or hobbies. Thoughtful improvements provide added comfort and peace of mind, including a new roof and porch in 2019, AC and water heater replaced in 2020, new dishwasher in 2021, and fresh exterior paint completed in 2026. A 2-car garage adds exceptional convenience and storage for vehicles, bikes, paddleboards, beach equipment, and everything needed to enjoy the Florida coastal lifestyle. Beyond your doorstep, Pelican Bay offers a welcoming community atmosphere with a clubhouse and pool, providing the perfect place to relax, entertain, or spend a sunny afternoon close to home. The HOA fee is $1,713 semi-annually. Rentals are permitted with a minimum one-year lease, creating a desirable residential atmosphere while offering flexibility for those seeking a full-time residence, second home, or long-term investment. And the location puts you close to everything that makes Panama City Beach special. Enjoy the sugar-white beaches and emerald waters of the Gulf, along with outstanding restaurants, shopping, entertainment, fishing, boating, and outdoor recreation--all while coming home to the peaceful beauty of your own waterfront retreat. 2330 Pelican Bay Ct is more than a home--it's a front-row seat to the water, a gateway to the Gulf, and an invitation to experience Panama City Beach at its finest.

2330 Pelican Bay, Panama City Beach

Listing courtesy of Anchor Realty Florida.

6422 W Hwy 98, Unit 705, Panama City Beach

$359,900

2 Beds ⋅ 2 Baths ⋅ 1010581 MLS

Luxury Waterfront Condo at Marina Landing! Paradise awaits in this beautifully appointed 2-bedroom, 2-bath residence at the highly sought-after Marina Landing. With two private master suites, each featuring waterfront views and balcony access, the split floor plan provides both comfort and privacy. The expansive floor-to-ceiling sliders open to a massive balcony where you can enjoy breathtaking water views from every room. Lithium powered blinds for sliders in living room to provide shade, all main and wet areas tile. The balcony also includes a built-in grill, perfect for outdoor entertaining. Interior highlights include: New air conditioning system 2026, Dishwasher and Fridge 2022, Water heater 2018 with washer and dryer. Recessed lighting, newer faucets, fixtures and hardware unit's interior freshly painted all neutral. Resort-style amenities at Marina Landing include: Private deep-water marina available for boat owners with quick access to the Gulf Stunning bayfront pool and hot tub Fitness center and conference room Exterior owner storage closet. The Landing has recently completed a resurfacing of the main exterior portions of the building giving the building a fresh exterior elevation Covered assigned parking space (#3), first floor ramp parking visible from front balcony all extraordinary for convenience. This is more than a condo--it's a lifestyle. Don't miss your opportunity to experience the very best in waterfront living.

6422 W Hwy 98, Unit 705, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

4400 Kingfish Ln Unit 326, Panama City Beach

$639,000

2 Beds ⋅ 2 Baths ⋅ 1009771 MLS

Experience the best of waterfront living in this highly sought-after Turtlegrass Villas in Bay Point, gorgeous inside and out! This completely renovated private end unit is an exceptional 2-bedroom, 2-bath waterfront property with breathtaking panoramic views of the Bay and Lagoon. You literally have views from every room - even the kitchen windows! Floor-to-ceiling windows in the living room showcase the stunning views and flood your home with natural light. Turtlegrass owners enjoy access to 3 private docks, providing the rare convenience of keeping your boat just steps from home, along with opportunities for fishing and enjoying the beautifully maintained waterfront grounds. Inside, the open-concept split floor plan has been thoughtfully designed with luxury finishes throughout. The spacious primary suite features quartz countertops, dual vanities, a tiled walk-in shower, and a generous closet. The bright kitchen and dining area overlooks the Bay Point Golf Course, and your beautifully updated kitchen offers white shaker cabinetry, quartz countertops, and a center island perfect for gathering. Soaring ceilings highlight the living room, complete with a wet bar and spectacular water views, creating an ideal space for entertaining. A cozy nook provides additional seating and the perfect spot to relax while watching dolphins play and boats enter the marina. The guest suite offers its own floor-to-ceiling windows, walk-in closet, and a spacious ensuite bath with quartz countertops, dual vanities, a tiled walk-in shower, and a generous closet. The bright kitchen and dining area overlooks the Bay Point Golf Course, and your beautifully updated kitchen offers white shaker cabinetry, quartz countertops, and a center island perfect for gathering. Soaring ceilings highlight the living room, complete with a wet bar and spectacular water views, creating an ideal space for entertaining. A cozy nook provides additional seating and the perfect spot to relax while watching dolphins play and boats enter the marina. The guest suite offers its own floor-to-ceiling windows, walk-in closet, and a spacious ensuite bath with quartz countertops and a tiled tub/shower combination. This residence has been completely gutted and renovated from previous owner, including electrical, plumbing, sheetrock, flooring, and more. Additional features include a private courtyard entrance with patio and room to grill, outdoor storage closet, interior foyer storage, and utilities included except electricity and internet. Located within the prestigious gated Bay Point community with 24-hour security, residents enjoy access to a championship golf course and a full-service marina, on-site dining, all conveniently located near Panama City Beach attractions, shops and restaurants, St Andrews State Park, Navy Base, as well as boating and the beach! Make this exceptional property your new home, vacation home, or vacation rental - call today!

4400 Kingfish Ln Unit 326, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

$715,000

3 Beds ⋅ 4 Baths ⋅ 1009597 MLS

Dreaming of bayfront luxury without the million-dollar price tag? This premium corner end-unit is the one! Offering a rare combination of privacy, space, & sunrises that steal the show, this exceptional townhome features extra side windows that flood the open-concept layout with continuous natural light. Positioned on the largest lot in the community with ±45 feet of waterfront, it is uniquely bordered by a protected conservation area, giving you unmatched privacy & a peaceful sanctuary where you can watch dolphins, eagles, & deer right from your deck. Nestled in a quiet, non-short-term-rental community zoned for top-rated Patronis Elementary, it is the perfect sanctuary for primary residents, paddle-sport enthusiasts, or those seeking a peaceful waterfront getaway. Enjoy easy waterfront living with a tiled balcony, a screened back porch, a hurricane shutter system, remote blinds, & private bulkhead stairs offering direct water access to launch your kayak or paddle board. For boat owners, convenience is hard to beat. For boat owners, convenience is hard to beat. Keep your boat right outside your unit on an anchor buoy, & enjoy easy access to the community's private dock for loading and unloading before heading out on the water. This turnkey home is built for peace of mind & low maintenance, featuring a brand-new 2025 upstairs HVAC, a 2024 water heater, new impact family room windows, a 2019 roof, & fresh exterior paint. Located on the quieter end of Panama City Beach.

2340 Pelican Bay Ct, Panama City Beach

Listing courtesy of Central Bay Realty and Property Management LLC.

2400 Grandiflora Blvd Unit E404, Panama City Beach

$342,000

3 Beds ⋅ 3 Baths ⋅ 1007987 MLS

THREE BEDROOMS. THREE BATHROOMS. BAYFRONT LIVING ON THE QUIETER SIDE OF PANAMA CITY BEACH. Magnolia Bay Club Unit 404 is a freshly painted three-bedroom, three-bathroom residence offering a split floor plan, large bayfront balcony, and central fourth-floor position overlooking St. Andrews Bay with views toward the Hathaway Bridge. Professionally deep cleaned and move-in ready, the interior features wood flooring throughout the main living areas, tile flooring in the kitchen, hallway, and bathrooms, and an open-concept layout with space for a dining table. The kitchen includes stainless steel appliances, ample workspace, and a direct connection to the living area, while the washer and dryer are also included. The spacious primary suite features sliding glass door access to the balcony, along with a large bathroom offering a double vanity and walk-in shower. The seller is replacing the fogged glass panel in the primary bedroom window and door assembly prior to closing. The split-bedroom design creates additional separation between sleeping areas. The guest bedroom on the right includes a pocket door, allowing it to function as a bedroom, home office, or flex space. The guest bedroom on the left has its own private full bathroom with double vanities, creating a true second suite. The living room opens through sliding glass doors to the large balcony, where the fourth-floor position provides sunrise views across the bay, illuminated nighttime views of the Hathaway Bridge, and the sound of the water along Magnolia Bay Club's private bay beach below. Fourth-floor residences also feature a solid balcony wall rather than metal railings, providing additional privacy and a greater sense of security. The enclosed design may be especially appealing to owners with small pets because there are no railing openings. Magnolia Bay Club is a gated bayfront condominium community with no short-term rentals permitted. Community amenities include a bayfront pool, private beach, dock, kayak access, fitness center, meeting room, BBQ grills, dumpster service, and maintained common grounds. The property is located approximately one mile from Publix and approximately three miles from the beaches of Panama City Beach. Monthly condominium association dues are currently $1,066.64 and include water, sewer, trash service, pest control, and maintenance of the common areas. All information is deemed reliable but not guaranteed; buyer to verify if important.

2400 Grandiflora Blvd Unit E404, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

2400 Grandiflora Blvd Unit UNIT E407, Panama City Beach

$350,000

3 Beds ⋅ 3 Baths ⋅ 1007951 MLS

Wake up each morning to peaceful bay views and end your evenings watching spectacular sunsets paint the sky over the water. Welcome to Unit E407 at Magnolia Bay Club, where resort-style living meets the laid-back coastal lifestyle that makes Panama City Beach so special. This beautifully appointed, fully furnished three-bedroom, three-bath residence is designed for effortless living, whether you're looking for a full-time home or the perfect weekend retreat. Freshly updated with new furnishings, new appliances, fresh paint, and a move-in-ready interior, the home allows you to spend less time preparing and more time enjoying everything the waterfront has to offer. Life at Magnolia Bay Club is about more than the home itself. Spend your afternoons relaxing by the waterfront pool, launching a paddleboard or kayak from the community dock, casting a line at sunset, or simply enjoying the tranquil beauty of St. Andrews Bay. Golf enthusiasts will appreciate the nearby championship courses, while boaters will love the close proximity to Pointe South Marina and quick access to Shell Island and the Gulf waters. When you're ready for the beach, Panama City Beach's famous sugar-white sand and emerald waters are just minutes away. You'll also be surrounded by some of the area's favorite waterfront restaurants, shopping, entertainment, and outdoor adventures, creating the perfect balance of peaceful waterfront living and vibrant coastal convenience. Unit E407 isn't just a place to live.

2400 Grandiflora Blvd Unit UNIT E407, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

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Panama City Beach Homes with Bay Waterfront Features

Newest Panama City Beach Homes with Bay Waterfront Features

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