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Street View
$3,150,000
Monthly Est:$15,679
6 Beds
- 7 Baths
5 full baths + 2 half baths
7,240sqft
550 Wahoo Rd, Panama City, FL 32408
$3,150,000
$15,679/moEst:
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Single Family Residence
Built in 2006
$145.83/mo HOA
0.44 acre lot
$435/sq.ft
Description
This is a property you must see to believe. With over 7,200 sq. ft. of heated and cooled living space, 6 bedrooms, 5 bathrooms, 2 half baths, an office, a theater room, entertainment area w/ built-in wet bar and an expansive outdoor oasis, this home can accommodate a very large amount of people comfortably. The grand foyer entrance sets the tone for the rest of the home with high ceilings & large window for plenty of natural light. Speaking of natural light, there are windows & glass doors along the entire back of the home offering beautiful views from almost every room w/ access to the first- and second-floor patios. Located on the 1st floor is the primary suite w/ a fireplace and massive bathroom. The bathroom features double vanities, a double entry walk-through tiled shower, stand-alone copper soaking tub, separate water closet, two walk-in closets that both have shelving & drawers built-in, plus an additional linen closet. Also, on the 1st floor, there is an additional large suite with private bathroom featuring a custom tile shower. The gourmet kitchen boasts plenty of counter space & cabinetry, breakfast nook, high-end Liebherr Refrigerator, beverage cooler, undercounter ice maker & a double drawer Monogram cooling center. Need to prepare for a large meal or big party? No problem! This kitchen has a professional-grade 5 Star gas stove w/ 6 burners, grill plate, griddle, decorative tile hood vent, double ovens w/ additional warming rack, separate undercounter warming rack built into the island, and a pot filler! Cleanup is a breeze w/ 3 separate sinks, including 1 farmhouse & 1 prep sink & 2 Bosch Silence Plus dishwashers. With a separate butler's pantry, half bath, wine cellar & formal dining room, you can feel confident hosting that big event, sports viewing, or any other get-together you may have! The open kitchen/living area is an entertainer's dream and the double-sided fireplace that is also shared w/ the office creates a nice ambiance. On the second floor, you are greeted at the top of the sweeping staircase w/ a 19' x 29' landing area complete w/ custom wet bar including a microwave, dishwasher, beverage cooler & undercounter ice maker. All this with beautiful water views & second-floor patio access. The second floor also features a 12-seat theater room w/ leather recliners, perfect for movie nights, gaming, or simply relaxing. There are 3 bedrooms on this floor, all offering a unique experience. One bedroom has its own private en suite, a steam shower center & access to the patio. Another bedroom has a cute reading nook & additional large room that could be used for storage, crafts or many other options. The last room on this floor would be great for guests w/ a full bathroom just outside of its door & access to the patio. The 3rd floor ''Eagle's Nest'' is another great flex area. It has a bedroom w/ private en suite, plus amazing views of the lagoon. Outside is breathtaking, w/ a beautifully landscaped yard that includes a paver stone terrace, two built-in paver fireplaces w/ matching seating built around them for enjoying those nice evenings sitting by the water. The pool w/ built-in hot tub & the outdoor wet bar are perfect for those hot summer days... grab a drink, jump in & cool off or warm up & relax in the spa. The seawall was redone within the last three years, and composite decking was added all the way around for hassle-free maintenance. With over $500,000 in upgrades & additions, this property offers a level of quality, functionality, and luxury that is truly hard to find. The laundry room has built-in cabinets, there is a home generator, an elevator, multiple storage closets, high ceilings, ceiling fans throughout, travertine floors, and a tile roof that is less than ten years old. This home has it all! Don't miss the opportunity to own this elegant home in the highly sought-after Bay Point Community. This is more than a home-it is an exceptional waterfront lifestyle.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 16, 2026 at 9:34 pm
- Listing Provided by: Ashley Dunnigan DRE #3105927, Dennis M Dunnigan (850) 258-3880 DRE #3316049 | Coastal Choice Realty LLC (850) 215-4160
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794863

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
--
Year Built
2006
HOA Fees
$145.83/mo
Finished Area
7,240 sqft
Lot Size
0.44 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
794863
MLS Status
Active
Days on Market
64
Cumulative Days on Market
15

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Location
HOA Management
N/A
HOA Fees
$1,750/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Gate
AssociationManagement
Gazebo
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 7
Bedroom
Level: Third
Area: 166.75 Square Feet
Dimensions: 11.5 x 14.5
MediaRoom
Level: Second
Area: 270.00 Square Feet
Dimensions: 13.5 x 20
Bedroom
Level: Second
Area: 241.50 Square Feet
Dimensions: 11.5 x 21
Office
Level: First
Area: 230.00 Square Feet
Dimensions: 11.5 x 20
Bedroom
Level: First
Area: 283.50 Square Feet
Dimensions: 13.5 x 21
PrimaryBedroom
Level: First
Area: 374.00 Square Feet
Dimensions: 17 x 22
Interior
Heating
Central, Electric, Fireplaces
Cooling
Central Air, Ceiling Fans, Ductless
Sewer
Public Sewer
Appliances
Bar Fridge, Gas Oven, Gas Range, Ice Maker, Warming Drawer
Interior Features
Double Vanity, Fireplace, Interior Steps, Bath In Primary Bedroom, Main Level Primary, Soaking Tub, Separate Shower, Walk In Closets
Exterior Features
Deck
Construction
Year Built
Year Built: 2006
Home type
Single Family Residence
Foundation Details
Slab
Architectural Style
Contemporary
Roof
Tile
Utilities & Energy
Pool Features
In Ground, Private
Security Features
Gated With Guard, Gated Community, Security Gate, Security Service
Parking Features
Additional Parking, Gated
Utilities
Electricity Available
Association Amenities
Gated, Gazebo
Other Features
Patio And Porch Features
Balcony, Deck, Covered, Patio, Porch
Lot Features
Cul De Sac, Sprinkler System, Paved
Subdivision Name
Bonefish Pointe
Community Features
Golf, Marina, Waterfront, Gated, Short Term Rental Allowed
Price History
| Date | Event | Price |
|---|---|---|
09/01/2026 Source: | Listed for Sale | $3,150,000 +26.10% $494/sqft |
02/28/2023 Source: | Price Increased | $2,498,000 +1.13% $392/sqft |
02/28/2023 Source: | Price Increased | $2,470,000 +64.67% $387/sqft |
11/19/2021 Source: | Price Increased | $1,500,000 +20.00% $235/sqft |
11/19/2021 Source: | Price Decreased | $1,250,000 -16.61% $196/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 05, 2026, 12:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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