1033 Bay Circle, Panama City Beach, FL 32407 (MLS# 769470)

1033 Bay Circle, Panama City Beach, FL 32407

$1,200,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,118 Lot Size (sq. ft.): 8,320 Status: Active

Current Price: $1,200,000 List Date: 3/03/2026 Last Modified: 3/03/2026

Overview

Description

Imagine living on the water in a brand-new home in Panama City Beach with no HOA and room to truly enjoy the coastal lifestyle. This home offers a rare combination of new construction, waterfront living, no HOA, and a fully furnished setup in Panama City Beach. The home was designed to take full advantage of its waterfront setting, with open living spaces and large windows that bring the outdoors in. With no HOA restrictions, this property provides flexibility that is increasingly hard to find in waterfront communities. Whether used as a primary residence, a second home, or a vacation property, the location and layout allow for a wide range of possibilities. Set in a desirable PCB location, the home offers the privacy and tranquility of waterfront living while remaining close to beaches, dining, shopping, and local attractions. Priced at $1.2 million, this property combines new construction, waterfront access, and freedom of ownership in one offering. Whether you're looking … (Read more) Imagine living on the water in a brand-new home in Panama City Beach with no HOA and room to truly enjoy the coastal lifestyle. This home offers a rare combination of new construction, waterfront living, no HOA, and a fully furnished setup in Panama City Beach. The home was designed to take full advantage of its waterfront setting, with open living spaces and large windows that bring the outdoors in. With no HOA restrictions, this property provides flexibility that is increasingly hard to find in waterfront communities. Whether used as a primary residence, a second home, or a vacation property, the location and layout allow for a wide range of possibilities. Set in a desirable PCB location, the home offers the privacy and tranquility of waterfront living while remaining close to beaches, dining, shopping, and local attractions. Priced at $1.2 million, this property combines new construction, waterfront access, and freedom of ownership in one offering. Whether you’re looking for a place to create lasting family memories or a waterfront retreat to enjoy year-round, 1033 Bay Circle delivers a lifestyle that is becoming harder to replace. Schedule your private showing to experience the setting firsthand. This newly constructed three-story home features an open-concept design with high-end finishes throughout. The spacious living area is filled with natural light and offers stunning views of the bay. The gourmet kitchen is equipped with premium appliances, quartz countertops, and a stylish island, making it perfect for both entertaining and everyday living. The home boasts multiple private balconies, allowing you to enjoy sunrises over the water with your morning coffee and relax in the evening with breathtaking sunset views. The luxurious primary suite includes a spa-like ensuite bathroom, a walk-in closet, and a private balcony overlooking the bay. Designed for both personal enjoyment and investment, this home is currently used as a short-term rental and offers excellent income potential. With no HOA restrictions, owners have full flexibility to use the property as they wish. The outdoor space is ideal for waterfront living, featuring a spacious deck and direct water access, perfect for boating, fishing, or simply unwinding by the bay. This property provides easy access to white-sand beaches, marinas, restaurants, and local attractions. Whether you are searching for a dream vacation home, a high-performing rental property, or a peaceful coastal retreat, this waterfront escape is a rare and valuable opportunity.

Listing Details MLS# 769470

Contract Info

List Price/SqFt: 566.57

Location

Area: 03 – Bay County – Beach
Street #: 1033
Street Name: Bay
Street Suffix: Circle
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 27344-186-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From the CVS at the intersection of Thomas Drive and Highway 98 travel North on Wildwood Road., turn Right onto Big Daddy Drive, Big Daddy Drive will turn into Bay Circle, home is on the Left
Legal Description: 1033 BAY CIR PANAMA CITY BEACH 32407 BAYSIDE PARK UNIT 1 REPLAT LOT 6 BLK C & FOLLOWING DESCRIBED PRCL: BEG AT THE SELY COR OF LOT 6 BLK C NE 44.70' E 39.34' SW 56.11' NW 29.90' TO POB ORB 4675 P 2184

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2118
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
Year Built: 2024
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: Yes
Lot Dimensions: 30x173x53x147
Acreage: 0.19
Lot Size (SqFt): 8320
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Imagine living on the water in a brand-new home in Panama City Beach with no HOA and room to truly enjoy the coastal lifestyle. This home offers a rare combination of new construction, waterfront living, no HOA, and a fully furnished setup in Panama City Beach. The home was designed to take full advantage of its waterfront setting, with open living spaces and large windows that bring the outdoors in. With no HOA restrictions, this property provides flexibility that is increasingly hard to find in waterfront communities. Whether used as a primary residence, a second home, or a vacation property, the location and layout allow for a wide range of possibilities. Set in a desirable PCB location, the home offers the privacy and tranquility of waterfront living while remaining close to beaches, dining, shopping, and local attractions. Priced at $1.2 million, this property combines new construction, waterfront access, and freedom of ownership in one offering. Whether you're looking for a place to create lasting family memories or a waterfront retreat to enjoy year-round, 1033 Bay Circle delivers a lifestyle that is becoming harder to replace. Schedule your private showing to experience the setting firsthand. This newly constructed three-story home features an open-concept design with high-end finishes throughout. The spacious living area is filled with natural light and offers stunning views of the bay. The gourmet kitchen is equipped with premium appliances, quartz countertops, and a stylish island, making it perfect for both entertaining and everyday living. The home boasts multiple private balconies, allowing you to enjoy sunrises over the water with your morning coffee and relax in the evening with breathtaking sunset views. The luxurious primary suite includes a spa-like ensuite bathroom, a walk-in closet, and a private balcony overlooking the bay. Designed for both personal enjoyment and investment, this home is currently used as a short-term rental and offers excellent income potential. With no HOA restrictions, owners have full flexibility to use the property as they wish. The outdoor space is ideal for waterfront living, featuring a spacious deck and direct water access, perfect for boating, fishing, or simply unwinding by the bay. This property provides easy access to white-sand beaches, marinas, restaurants, and local attractions. Whether you are searching for a dream vacation home, a high-performing rental property, or a peaceful coastal retreat, this waterfront escape is a rare and valuable opportunity.

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Ice Maker: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

More Information

Interior Features

Kitchen Island: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Balcony: Yes
Patio Covered: Yes

Furnished

Furnished: Yes

Lot Features

Waterfront: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower/Tub Combo: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes

Sale Type

As Is: Yes

Bedroom

Third: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: Third Cooling: Central Air Heating: Central Exterior: Balcony; Patio Covered Furnished: Furnished Lot Features: Waterfront Parking Features: Driveway; Garage Attached Rooms: Bedroom Sale Type: As Is Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	Third	16 x 5	16.00	5.00
Bedroom	Third	18 x 8	18.00	8.00
Bedroom	Third	21 x 21	21.00	21.00

Listing Office: Foundation Real Estate Agency LLC

Last Updated: March – 03 – 2026

Information deemed reliable but not guaranteed.