Panama City Beach Homes with Bay Waterfront Features

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

$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.

$675,000
3 Beds ⋅ 3 Baths ⋅ 1010650 MLS
Stop Waiting on the Bank. Start Owning the Beach. Your Name on the Deed. Your Terms!!! Unit 2131 is now available with OWNER FINANCING. Here's the opportunity: 20% Down 5% Interest 5-Year Balloon No Debt on your credit No credit check No hassle to verified income As an investor, there are things that are important to you; cashflow, something to enjoy with family and also pays for itself. This creates the opportunity where all those things exists. Especially in today's economic climate, where interest rates and lending conditions can be influenced by factors beyond your control, this is the perfect way to take control of how you invest comfortably. This end unit speaks for itself, perfectly positioned with a highly sought-after wraparound balcony with breathtaking panoramic views, offering an elevated beachfront experience that truly sets it apart. Whether you're looking for a vacation getaway, second home, or investment opportunity, this property offers a combination that's hard to find: prime location, incredible views, and flexible owner financing!! The unit also comes with 2 deeded parking spaces sold separately.

9900 S Thomas Dr Unit UNIT 2131, Panama City Beach

Listing courtesy of Salty Marlin Realty.

$370,000
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.

$1,330,000
3 Beds ⋅ 2 Baths ⋅ 1010246 MLS
Once-in-a-Lifetime Waterfront Opportunity on Moonlight Bay Drive! Experience breathtaking waterfront living with some of the widest water views available in all of Panama City Beach! Situated on an impressive 200-foot-deep waterfront lot, this exceptional contemporary style home offers the perfect combination of luxury, comfort, and an unbeatable location. Boaters will appreciate the reinforced seawall, brand-new 100-foot dock, and covered boathouse, making this property ideal for enjoying life on the water. The home also features a private well for the irrigation system, helping maintain the beautifully landscaped grounds with ease. Freshly updated inside and out with new interior and exterior paint, this meticulously maintained residence showcases new tile floors and existing beautiful wood engineered flooring, with comfortable New Berber carpet in the primary and guest bedrooms. Soaring 10- and 12-foot ceilings, architectural columns, and elegant transom windows create a bright, open atmosphere filled with natural light. The spacious primary suite is a true retreat, featuring a luxurious custom bathroom with a frameless glass walk-in shower, private water closet, and an oversized walk-in closet complete with custom shelving. Both guest bedrooms also offer oversized closets with abundant storage. The heart of the home is the spectacular new custom kitchen, thoughtfully designed for the culinary enthusiast. Features include an oversized island and countertop workspace, custom lighting, glass-front cabinetry, double double ovens (four ovens total), matte black fixtures and hardware, and exceptional storage. A large pantry and dedicated laundry room provide even more functionality. Additional upgrades and features of the home include: Deep cleaning of the a/c ductwork throughout the home Epoxy Coating on the spacious two-car garage All new 200-amp electrical service Matte black plumbing fixtures and hardware throughout Enclosed Florida room overlooking the water Multiple 8-foot sliding glass doors that seamlessly connect indoor and outdoor living Whether you're relaxing in the Florida room, entertaining guests, or heading out for a day on the water, this home offers an unmatched waterfront lifestyle. Rarely does an opportunity like this become available. Don't miss your chance to own one of the finest waterfront properties on Moonlight Bay Drive with panoramic water views that truly have to be seen to be believed!

334 Moonlight Bay Dr, Panama City Beach

Listing courtesy of RC Real Estate Group.

$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.

$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.

$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.

$1,499,000
3 Beds ⋅ 3 Baths ⋅ 1005667 MLS
Overlooking West Bay with unobstructed water views, this custom-built residence is set on a premium 0.76-acre corner waterfront homesite with paved road access. The beauty of the setting extends indoors, where designer finishes and thoughtful details create a refined coastal home that feels both elevated and inviting. The kitchen serves as the centerpiece of the home, anchored by a Venetian plaster hood, Hallman Majestic gas range, quartz countertops, clay tile backsplash, open cypress shelving, and a dining nook featuring built-in bench seating with storage. A striking cypress beam connects the kitchen and living area, where a Venetian plaster fireplace serves as a focal point against a backdrop of sweeping water views. The primary suite serves as a true retreat and features scenic water views. The adjoining bath features Carrera marble finishes, polished nickel fixtures, an oversized glass shower and a freestanding soaking tub. Dual custom closets, including a dressing area with built-in vanity complete the suite. The expansive screened porch, complete with a gas fireplace, provides a breathtaking setting to relax and take in the views of West Bay. Thoughtfully designed landscaping complements the home's natural surroundings, with ample room for a future pool or addition. Additional features include an elevator, impact-rated windows, EV charging station, whole-home Generac generator, and finished split garages with abundant storage. RiverCamps offers a lifestyle unlike any other along the Emerald Coast. This private, gated waterfront community is bordered by West Bay and Crooked Creek, providing direct boating access to Shell Island and the Gulf. Residents enjoy dry boat storage, a community boat launch and day-use slips, a resort-style pool and pavilion, a 600-foot pier, miles of scenic trails and boardwalks, and a fitness center coming soon. Ideally located just minutes from Northwest Florida Beaches International Airport, Pier Park, and the area's white-sand beaches.

7509 Morning Marsh Trl, Panama City Beach

Listing courtesy of 1 Percent Lists Florida Coast.

$295,000
1002394 MLS
Positioned along the waterfront in the sought-after RiverCamps community, 6315 Turkey Cove Lane offers a rare opportunity to build a custom home on 1.6 acres, surrounded by protected natural beauty, mature oaks, and sweeping views toward West Bay. This premium homesite combines privacy, scale, and waterfront living within one of the most unique gated communities in the Florida Panhandle. Adding significant value for the next owner, the seller has already completed, survey, soil testing and an elevation certificate, helping streamline the building process and potentially saving both time and upfront costs. Custom home plans may also convey with the sale. RiverCamps is unlike any other community in the area, spanning roughly 1,500 acres bordered by Crooked Creek, West Bay, and the Intracoastal Waterway. Only 450 homesites are spread across approximately 500 acres, while the remaining 1,000 acres are dedicated to conservation. The result is a low-density, outdoor-focused community centered around nature, privacy, and waterfront living. Residents enjoy access to a waterfront pool, fitness center (under construction), boat ramp, day-use boat slips, dry boat storage, kayaks, paddleboards, walking trails, and the renowned RiverHouse (being re-developed) overlooking Crooked Creek. Conveniently located near Panama City Beach, Northwest Florida Beaches International Airport, and the beaches of 30A, RiverCamps offers a rare balance of seclusion and accessibility.

6315 Turkey Cove Ln, Panama City Beach

Listing courtesy of The Premier Property Group Seacrest Office.

$335,000
1000516 MLS
If you have never been out to the St. Joe community, Rivercamps on Crooked Creek, you will be mesmerized! Surrounded by 3 bodies of water, Crooked Creek, the Bay and the Intercoastal Waterway, this peaceful community is a nature enthusiast and boater's dream. Plenty of space and privacy and yet so close to all the conveniences one could want; only 15 minutes to the beach or Pier Park with over 100 stores, eateries and entertainment, 10 minutes to the airport and the planned new hospital and Publix also within 10 minutes. Build your dream home on this prime 1.29 acre waterfront end lot with beautiful Bay views. No other homes will be built in front, behind or on the east side. Rivercamps owners and guests enjoy world class amenities not found in any other community.

7503 Sunset Bay Ln, Panama City Beach

Listing courtesy of The Premier Property Group Seacrest Office.

$755,000
2 Beds ⋅ 2 Baths ⋅ 997655 MLS
Welcome to 425 Bay Shore Drive, Unit 11, a stunning bayfront residence in the heart of Panama City Beach, FL. This spacious 2,000 square foot home offers two bedrooms and two and a half bathrooms, providing ample space for comfortable living. The property features direct access to a marina and includes an assigned private boat slip, making it an ideal choice for boating enthusiasts. Enjoy breathtaking views and serene surroundings in this prime location. With its desirable amenities and prime waterfront position, this property presents a unique opportunity for those seeking a luxurious coastal lifestyle.

425 Bay Shore Dr Unit UNIT 11, Panama City Beach

Listing courtesy of Corcoran Reverie SRB.

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