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403 Wahoo Road
About This Property
Situated at approximately 9 feet above sea level, this home has been extensively remodeled and updated throughout with new interior and exterior paint, renovated finishes down to the last ceiling fan and light fixture, granite countertops in the kitchen and all bathrooms, contemporary backsplash accents, and a beautiful gas fireplace with a modern setting. The spacious interior features soaring 10 and 12-foot ceilings with extensive crown molding, creating an open and elegant feel throughout the home.
Designed for both comfort and peace of mind, the home includes a built-in 10,000-watt generator capable of powering most of the home during outages, a new 17 SEER 5-ton Rheem HVAC system installed in 2025, new water heater in 2024, and a 30-year architectural roof installed in 2019. Additional features include a designer shower in the guest bath, air-conditioned garage, new Whirlpool refrigerator in the kitchen, and an additional GE side-by-side refrigerator in the garage.
Step outside into your own tropical paradise featuring lush updated landscaping, automatic irrigation system, heated pool with new 2024 heat pump pool heater, spacious pool lanai, and canal frontage complete with a boat lift equipped with remote control operation. The Bay Point canal system provides easy boating access to St. Andrews Bay and the Gulf within minutes.
Bay Point offers gated security along with incredible amenities including a full-service marina, restaurant, golf, tennis, and a true coastal lifestyle just minutes from everything Panama City Beach has to offer.
This is more than just a home -- it's a lifestyle.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Sold | ||
| Sold | |||
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Counts Real Estate Group Inc | $1,145,000 | |
| Listed by Counts Real Estate Group Inc | |||
| |||
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Welcome to waterfront living in the highly sought-after gated community of Bay Point! Located on a canal with direct access to St. Andrews Bay and the Gulf in just minutes, this beautifully remodeled 4-bedroom, 2.5-bath home offers the perfect blend of luxury, comfort, and coastal lifestyle. Situated at approximately 9 feet above sea level, this home has been extensively remodeled and updated throughout with new interior and exterior paint, renovated finishes down to the last ceiling fan and light fixture, granite countertops in the kitchen and all bathrooms, contemporary backsplash accents, and a beautiful gas fireplace with a modern setting. The spacious interior features soaring 10 and 12-foot ceilings with extensive crown molding, creating an open and elegant feel throughout the home. Designed for both comfort and peace of mind, the home includes a built-in 10,000-watt generator capable of powering most of the home during outages, a new 17 SEER 5-ton Rheem HVAC system installed in 2025, new water heater in 2024, and a 30-year architectural roof installed in 2019. Additional features include a designer shower in the guest bath, air-conditioned garage, new Whirlpool refrigerator in the kitchen, and an additional GE side-by-side refrigerator in the garage. Step outside into your own tropical paradise featuring lush updated landscaping, automatic irrigation system, heated pool with new 2024 heat pump pool heater, spacious pool lanai, and canal frontage complete with a boat lift equipped with remote control operation. The Bay Point canal system provides easy boating access to St. Andrews Bay and the Gulf within minutes. Bay Point offers gated security along with incredible amenities including a full-service marina, restaurant, golf, tennis, and a true coastal lifestyle just minutes from everything Panama City Beach has to offer. This is more than just a home -- it's a lifestyle.
| |||
| May 7, 2026 | Listed by Counts Real Estate Group Inc | $1,145,000 | |
| Listed by Counts Real Estate Group Inc | |||
| Sep 17, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017