Looking for a house instead of a condo? Visit PCB Communities →
Century 21 AllPoints Realty — Bay to 30A Team
St. Andrews / East Point

Waterhaven Condos for Sale in Panama City Beach

Waterhaven is a bay-front condominium at Cobalt Cir in the quieter east end of the beach near St. Andrews State Park.

See Current Listings Call (850) 866-1149
Active Listings

Live MLS data — synced hourly, no sign-up required.

Waterhaven Condos Currently for Sale

Sort
3 condos for sale at Waterhaven
Active Waterhaven condo at 2601 Mystic Lane PO61, Panama City Beach, FL 32408
$349,900
2 bd2 ba1,322 sqft1 fl
Waterhaven
2601 Mystic Lane PO61, Panama City Beach, FL 32408
HOA $708.67/mo · Furnished
Active Bay front Waterhaven condo at 2604 Mystic Lane PO13, Panama City, FL 32408
$345,000
3 bd2.5 ba1,608 sqft2 fl
Waterhaven
2604 Mystic Lane PO13, Panama City, FL 32408
HOA $942.55/mo
Active Waterhaven condo at 2605 Mystic Lane PO21, Panama City Beach, FL 32408
$349,000
2 bd2 ba1,322 sqft1 fl
Waterhaven
2605 Mystic Lane PO21, Panama City Beach, FL 32408
HOA $727.67/mo
Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.

3 condos are currently for sale at Waterhaven, priced from $345,000 to $349,900. HOA dues run $708.67–$942.55/month. Units available on floors 1–2.

Building Overview

About Waterhaven

On St. Andrews Bay, behind a gated entry, Waterhaven trades the gulf-side crowd for something quieter: a 2007-built, low-rise condo community built around bay views and boating rather than beach tourism. A boat ramp and one of the area's largest private piers anchor the outdoor amenities, alongside a bayfront pool and a clubhouse stocked with a theater, fitness center, meeting room, and outdoor kitchen. Interiors lean upscale — granite counters, tray ceilings, crown molding, and kitchens that have turned up brands like Sub-Zero and Viking. It's designated a non-rental community, which is exactly why it draws primary residents and second-home owners chasing privacy over rental income.

Address Cobalt Cir
Area St. Andrews / East Point
Type Bay-front

Nearby

  • Capt. Anderson’s Marina
  • St. Andrews State Park
  • Grand Lagoon dining
  • Shell Island ferry
Buying at Waterhaven

What to Know About Buying at Waterhaven

As with any Panama City Beach condo, buying at Waterhaven means looking past the price tag: HOA dues and what they cover, the building’s insurance and reserve health (its SIRS), and its short-term-rental policy if rental income factors into your plans. These details differ building to building, so confirm Waterhaven’s current numbers before writing an offer.

Panama City Beach condo buying guide · Current market report

Common Questions

Waterhaven FAQ

Is Waterhaven gulf-front?
It's bay-front on St. Andrews Bay, but only about half of its listings carry a water-frontage flag — not every unit faces the water.
Where is Waterhaven located?
Waterhaven is at Cobalt Cir, Panama City Beach, FL 32408 — in the quieter east end of the beach near St. Andrews State Park.
What's for sale at Waterhaven right now?
3 condos are currently for sale at Waterhaven, priced from $345,000 to $349,900. HOA dues run $708.67–$942.55/month. Units available on floors 1–2.
Are short-term rentals allowed at Waterhaven?
None of the 3 active listings at Waterhaven currently indicates short-term rental is allowed — confirm current HOA rules directly before buying if rental income is part of your plan.
What are HOA fees at Waterhaven and what do they cover?
HOA dues across Waterhaven's active listings currently run $708.67 to $942.55/month. Dues currently include: AssociationManagement, BoatRamp, Clubhouse, FitnessFacility, Insurance, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Sewer, Trash, Water.
Explore More Buildings

Other Condos in St. Andrews / East Point

The Commodore 4715 Thomas Dr Treasure Island 5004 Thomas Dr Seychelles Resort Condominium 5115 Thomas Dr Regency Towers 5801 Thomas Dr Watercrest Condo 6201 Thomas Dr Summerhouse 6505 Thomas Dr
Search the Full Corridor

Not Seeing the Right Fit at Waterhaven?

Live MLS Search · Panama City Beach Condos

Search every Panama City Beach condo for sale

Updated hourly — filter by building, floor, HOA dues, and short-term-rental status, not just price and beds.

Live MLS data · refreshed hourly
Loading…

Loading live listings…

Your Advisor on the Sand

Find the right condo —
not just an available one.

Tell Doug what you're looking for and how you plan to use it. You'll get an honest read on the buildings, the fees, and the floors worth paying for — before you ever write an offer.

Start a Conversation

Doug Hooper, REALTOR® · Century 21 AllPoints Realty · FL Lic. #SL3568532