1033 Bay Circle, Panama City Beach, FL 32407

• 3 beds |
• 3 baths |
• 2,118 sqft

Property 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 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 Status:

Active

Date Added:

March 3, 2026

Data Last Updated:

April 2, 2026 at 2:18PM

Listing Office:

Foundation Real Estate Agency LLC : 850-988-1618

MLS ID:

769470

Interior

• Appliances: Electric CooktopElectric OvenElectric Water HeaterIce Maker
• A/C: Central Air
• Heating: Central

Exterior

• Style: Coastal
• Other Structures: BalconyPatioCovered

Construction

• Roofing: Metal
• General: HardiPlank Type

Location

• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: 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 218427344-186-000

Utilities

• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR