Panama City, FL Condos for Sale

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  /59

  $365,000

  $4K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,322 Sq Ft

  2605 Mystic Ln Unit PO21, Panama City, FL 32408

  Water front community located directly on St. Andrews Bay. Waterhaven is a gated, non-rental community unlike any other. The beautiful, formal entry leads to this first floor, 2 bedrooms, 2 bath condo. This open-concept living/dining area leads to a high-end kitchen including a Sub-Zero refrigerator, Viking 6 burner gas range, Bosch dishwasher, ice maker and wine chiller at the wet bar. Water

  

  Tina Gates

  Anchor Realty Florida

  (448) 994-3824

  2605 Mystic Ln Unit PO21, Panama City, FL 32408
• Explore Panama City

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  /52

  $499,900

  • 3 Beds
  • 2 Baths
  • 935 Sq Ft

  5012 Gulf Dr Unit 1, Panama City, FL 32408

  NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to a few restaurants including Schooners. Simply walk out your front door and you're less than 60

  

  Kerry Jackson

  LPT Realty LLC

  (448) 288-2522

  5012 Gulf Dr Unit 1, Panama City, FL 32408
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  /31

  $559,000

  $46K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,152 Sq Ft

  9450 S Thomas Dr Unit 303C, Panama City, FL 32408

  Step into Boardwalk Unit 303, a rare opportunity to own one of the most impeccably maintained condos in the resort with GREAT RENTAL HISTORY! This 2 bed, 2 bath retreat is situated on a desirable lower level, offering convenience, privacy, and unmatched Gulf front living. Unlike typical rentals, this condo has been lightly rented to friends and family. This condo produces high rental numbers even

  

  Kerri Tomasicyk

  Watersound Real Estate

  (448) 218-4911

  9450 S Thomas Dr Unit 303C, Panama City, FL 32408
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  /70

  $600,000

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,379 Sq Ft

  6201 Thomas Dr Unit 406, Panama City, FL 32408

  WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek. The

  

  Sassy French

  Keller Williams Success Realty

  (448) 256-3442

  6201 Thomas Dr Unit 406, Panama City, FL 32408
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  /29

  $425,000

  • 3 Beds
  • 3 Baths
  • 1,322 Sq Ft

  8730 Thomas Dr Unit 409, Panama City, FL 32408

  Investor Alert - Turnkey Airbnb with Immediate Cash Flow Exceptional opportunity in Panama City Beach--legal short-term rental with a 6.4% cap rate and projected income of $51,768. Sold fully furnished with future bookings in place. This 2-story condo in the gated Villas of St. Thomas Square offers a boat dock, a 2 block walk to the beach and water views overlooking St. Andrews Bay. Features

  

  Robert Weil

  Engel & Voelkers 30A Beaches

  (448) 231-6709

  8730 Thomas Dr Unit 409, Panama City, FL 32408
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  /43

  $413,300

  $12K PRICE DROP

  • 2 Beds
  • 3 Baths
  • 1,148 Sq Ft

  9900 S Thomas Dr Unit 1704, Panama City, FL 32408

  WELCOME TO SHORES OF PANAMA 1704.....Stunning beachfront residence at **Shores of Panama - Unit 1704**. This beautifully appointed 2-bedroom plus private bunk room condominium offers exceptional Gulf views, luxury finishes, and impressive short-term rental potential. With the right management company, projected gross rental income ranges from **$75,000-$80,000 annually**, making it an outstanding

  

  Sassy French

  Keller Williams Success Realty

  (448) 230-4147

  9900 S Thomas Dr Unit 1704, Panama City, FL 32408
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  /44

  $359,300

  $11K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 609 Sq Ft

  9850 S Thomas Dr Unit 111E, Panama City, FL 32408

  FIRST FLOOR ALERT WITH GULF VIEWS FROM THE KITCHEN!!!!! SHORT TERM RENTAL WITH SOLD BOOKINGS ALREADY FOR 2026. LOW COST TO OWN. NO SPECIAL ASSESSMENTS... *Stunning Gulf Front Condo - Your Dream Vacation Awaits!** Welcome to your slice of paradise! This beautiful one-bedroom, one-bath beach condo offers the perfect blend of luxury and comfort. Located on the first floor, you'll enjoy seamless

  

  Sassy French

  Keller Williams Success Realty

  (448) 202-7527

  9850 S Thomas Dr Unit 111E, Panama City, FL 32408
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  /41

  $298,000

  $17K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,047 Sq Ft

  9860 S Thomas Dr Unit 2118, Panama City, FL 32408

  NOW THE LOWEST PRICED PENTHOUSE at Laketown Wharf! This PENTHOUSE level condo offers 13' high ceilings, beautiful Gulf views and is an incredible value for anyone looking to own in one of the most amenity rich resorts in Panama City Beach. The unit has been well maintained and provides a great opportunity for light personal touches to make it shine even more for personal use or short term

  

  Kerri Tomasicyk

  Watersound Real Estate

  (448) 678-4681

  9860 S Thomas Dr Unit 2118, Panama City, FL 32408
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  /49

  $430,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9860 S Thomas Dr Unit 606, Panama City, FL 32408

  Welcome to Unit 606 at Laketown Wharf Resort, an updated three-bedroom, two-bath condominium offering Gulf views and a prime location in the heart of Panama City Beach. Designed for easy coastal living, this spacious residence features an open-concept living and dining area, abundant natural light, updated finishes, and a private balcony with views toward the Gulf. Ideal as a primary residence,

  

  Whitby Jerkins

  Douglas Eliman 30A

  (448) 428-0466

  9860 S Thomas Dr Unit 606, Panama City, FL 32408
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  /6

  $312,000

  $6K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 609 Sq Ft

  9850 S Thomas Dr Unit 909E, Panama City, FL 32408

  NEW SALE PRICE Fully furnished and turnkey 1BR/1BA at Sunbird Condominiums offering immediate rental or personal use on the beach of Panama City Beach. Approx. 609 H&C sq ft with a functional, light-filled layout and all furnishings conveying. Sunbird offers resort-style amenities including three pools (one heated), pickleball, tennis, shuffleboard, fitness center, and direct beach access. Prime

  

  Sabina Balch

  Keller Williams Success Realty

  (448) 218-5758

  9850 S Thomas Dr Unit 909E, Panama City, FL 32408
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  /72

  $499,900

  • 3 Beds
  • 2 Baths
  • 935 Sq Ft

  5012 Gulf Dr Unit 3, Panama City, FL 32408

  New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

  

  Kerry Jackson

  LPT Realty LLC

  (448) 200-0171

  5012 Gulf Dr Unit 3, Panama City, FL 32408
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  /47

  $425,000

  • 3 Beds
  • 3 Baths
  • 1,483 Sq Ft

  9902 S Thomas Dr Unit 338, Panama City, FL 32408

  OWNER FINANCING AVAILABLE ASK FOR TERMS! SPACIOUS LAKEFRONT END UNIT. 3 bedrooms with bunk room sleeps over 10 people.In The Heart of All the Fun & Excitement in Panama City Beach - Just Steps Away from the World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, A Kids Fun

  

  Paul LaCourse

  Anchor Realty Florida

  (448) 994-3823

  9902 S Thomas Dr Unit 338, Panama City, FL 32408
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  /44

  $359,000

  $36K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9902 S Thomas Dr Unit 2028, Panama City, FL 32408

  Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork,

  

  Shantel Peterson

  Real Broker LLC

  (850) 842-5887

  9902 S Thomas Dr Unit 2028, Panama City, FL 32408
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  /103

  $419,000

  • 2 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9902 S Thomas Dr Unit 130, Panama City, FL 32408

  This exceptional first-floor residence offers the best of both worlds: calm lake views and easy access, all without the wait or hassle of elevators. From the moment you step inside, the coastal design and sophistication set this unit apart. The beautifully updated kitchen is a true showpiece, featuring crisp cabinetry, upgraded countertops, modern appliances, and a striking turquoise backsplash

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 333-3762

  9902 S Thomas Dr Unit 130, Panama City, FL 32408
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  /11

  $264,000

  $6K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 336 Sq Ft

  8001 Surf Dr Unit B10, Panama City, FL 32408

  Panama City Beach Get-Away! Cozy 1BR/1BA beautifully furnished and decorated just steps away to ''World's Most Beautiful Beaches''. Newer LVP flooring, tile bath and shiplap. Stingray has pool, kiddy pool, parking in front of building, extra parking across the street and onsite laundry. Short term rental can sleep 3. Dining, shopping, fishing, golf and entertainment within minutes away. All

  

  Cindy Armstrong Karr

  Berkshire Hathaway HomeServices Beach Properties of Florida

  (448) 334-5808

  8001 Surf Dr Unit B10, Panama City, FL 32408
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  /43

  $399,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 815 Sq Ft

  5012 Gulf Dr Unit 2, Panama City, FL 32408

  NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but

  

  Kerry Jackson

  LPT Realty LLC

  (448) 233-4203

  5012 Gulf Dr Unit 2, Panama City, FL 32408
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  /50

  $375,000

  • 1 Bed
  • 2 Baths
  • 980 Sq Ft

  9900 S Thomas Dr Unit 2302, Panama City, FL 32408

  OWNER FINANCING AVAILABLE ASK FOR TERMS! AMAZING VIEWS FOR MILES! 23rd Floor Gulf Front Penthouse Condo in Shores of Panama.You won't find better views and large balcony for this price! This Top Floor Penthouse unit sleeps 6 and has one full bedroom and bath, bunk room and bath, spacious living room/dining area and modern kitchen. Kitchen has granite countertops, stainless steel appliances,

  

  Paul LaCourse

  Anchor Realty Florida

  (448) 334-5504

  9900 S Thomas Dr Unit 2302, Panama City, FL 32408
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  /99

  $285,000

  $10K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,047 Sq Ft

  9860 S Thomas Dr Unit 604, Panama City, FL 32408

  Rental machine: 2025=$36,727.03, 2024=$34,965.84, 2023=$37,327.83, 2022=$37,787.05, 2021=$49,644.27This incredible unit is strategically located on the south end so no unobstructed view of the pristine gulf waters. Additionally, located near the stairs and elevator... meaning during peak rental times your guests can avoid the elevator and take 2 flights to the kiddie pool, or the parking

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 288-5228

  9860 S Thomas Dr Unit 604, Panama City, FL 32408
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  /30

  $309,300

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 618 Sq Ft

  9850 S Thomas Dr Unit 401W, Panama City, FL 32408

  LOW COST TO INVEST IN THIS BEACHFRONT CONDO WITH GREAT ROI.... NEW AC UNITS TO BE INSTALLED SUMMER 2026 through the HOA reserves at no cost to the owners. The current AC unit is ONLY 1.5 years old ... .....Don't miss this TURNKEY 1 Bedroom/1 Bath beachfront condo in the highly sought-after West Tower. Located on a desirable low floor, this unit has been totally renovated from top to bottom to

  

  Sassy French

  Keller Williams Success Realty

  (448) 230-8165

  9850 S Thomas Dr Unit 401W, Panama City, FL 32408
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  /62

  $449,900

  $50K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 815 Sq Ft

  5012 Gulf Dr Unit 4, Panama City, FL 32408

  New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

  

  Kerry Jackson

  LPT Realty LLC

  (448) 327-5197

  5012 Gulf Dr Unit 4, Panama City, FL 32408
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  /55

  $739,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,367 Sq Ft

  6201 Thomas Dr Unit 401, Panama City, FL 32408

  WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS

  

  Sassy French

  Keller Williams Success Realty

  (448) 678-0600

  6201 Thomas Dr Unit 401, Panama City, FL 32408
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  /41

  $355,000

  • 1 Bed
  • 2 Baths
  • 936 Sq Ft

  9900 S Thomas Dr Unit 2325, Panama City, FL 32408

  OWNER FINANCING AVAILABLE ASK FOR TERMS! The views from this 23rd floor condo are majestic! When you reach your front door, the eastern views pull you in. It's hard to go inside! Balcony views give you Westerly and South Gulf Views and fabulous views of the dynamic pool area. This Top Floor Penthouse unit sleeps 6 and has one full bedroom and bath, bunk room and bath, spacious living room/dining

  

  Paul LaCourse

  Anchor Realty Florida

  (448) 202-7049

  9900 S Thomas Dr Unit 2325, Panama City, FL 32408
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  /50

  $435,000

  • 2 Beds
  • 2.5 Baths
  • 1,066 Sq Ft

  9900 S Thomas Dr Unit 2218, Panama City, FL 32408

  Welcome to Shores of Panama Unit 2218, a beautifully updated Gulf-front condo for sale in Panama City Beach offering stunning Gulf views, resort-style amenities, direct beach access, and strong short-term rental potential. Located on the 22nd floor, this 2-bedroom + bunk, 3-bath beachfront condo features an open-concept layout with floor-to-ceiling glass doors leading to your private

  Kelly McDaniel Counts Real Estate Group Inc

  9900 S Thomas Dr Unit 2218, Panama City, FL 32408
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  /72

  $915,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,950 Sq Ft

  5004 Thomas Dr Unit 1212, Panama City, FL 32408

  3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural

  Greg Taylor Counts Real Estate Group Inc

  5004 Thomas Dr Unit 1212, Panama City, FL 32408
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  /41

  $312,500

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9902 S Thomas Dr Unit 2029, Panama City, FL 32408

  Welcome to Laketown Wharf - where location, lifestyle, and investment potential come together beautifully. This spacious 2BR, 2BA condo with a bunk room offers approximately 1,262 sqft of comfortable coastal living. Thoughtfully designed for both personal enjoyment and rental income, the unit features a stacked washer and dryer and a flexible layout that easily accommodates guests. Step out onto

  Christina Shults Bay House Realty

  9902 S Thomas Dr Unit 2029, Panama City, FL 32408
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  /54

  $410,000

  • 1 Bed
  • 2 Baths
  • 883 Sq Ft

  5115 Gulf Dr Unit 1904, Panama City, FL 32408

  Fully Furnished Gulf-Front Condo with Stunning Views Welcome to Unit 1904 at 5115 Gulf Drive, an immaculate 1-bedroom, 2-bath luxury condo perfectly situated on the sugar-white sands of Panama City Beach. This turnkey, fully furnished residence offers breathtaking floor-to-ceiling Gulf views, modern finishes, and resort-style amenities—ideal as a vacation home, full-time residence, or

  Donna Fox Compass

  5115 Gulf Dr Unit 1904, Panama City, FL 32408
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  /35

  $380,000

  $19K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 883 Sq Ft

  5115 Gulf Dr Unit 1102, Panama City, FL 32408

  Wake up to the sound of waves and the shimmer of emerald water from this beautifully appointed 1BR + hallway bunk, 2-bath Gulf-front residence at Seychelles. From the moment you step inside, the views pull you in—the private balcony becomes your front-row seat to sunrise mornings and slow, golden evenings. The open living space feels airy and welcoming, while the serene primary suite and ensuite

  Donna Fox Compass Florida, LLC

  5115 Gulf Dr Unit 1102, Panama City, FL 32408
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  /54

  $750,000

  $49K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,470 Sq Ft

  6505 Thomas Dr Unit 215, Panama City, FL 32408

  Rarely available Summerhouse ''WRAP-A-ROUND'' Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale units but you can't find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true

  Greg Taylor Counts Real Estate Group Inc

  6505 Thomas Dr Unit 215, Panama City, FL 32408
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  /45

  $399,900

  $60K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 883 Sq Ft

  5115 Gulf Dr Unit 202, Panama City, FL 32408

  It is very RARE that a power bill is included in the HOA fees of a condominium. It is also a great thing when you see a second floor fully furnished unit become available in a Gulf Front high rise building. Seychelles is next door to a popular restaurant named SCHOONERS, so you can get a great lunch or dinner any old time. It gets better! There is value in the money spent on upgrades! The kitchen

  Holli Persall ERA Neubauer Real Estate Inc

  5115 Gulf Dr Unit 202, Panama City, FL 32408
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  /46

  $349,000

  • 1 Bed
  • 1 Bath
  • 751 Sq Ft

  9850 S Thomas Dr Unit 707W, Panama City, FL 32408

  This A floor plan, the largest one bedroom layout at Sunbird, offers 751 square feet of well arranged living space with luxury vinyl planks positioned directly on the Gulf and beach. The kitchen features upgraded white cabinetry, a breakfast bar for casual seating and opens to an oversized living room surrounded by windows with a sliding glass door leading to the covered Gulf front balcony. A

  Mike Glass LPT Realty LLC

  9850 S Thomas Dr Unit 707W, Panama City, FL 32408
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  /53

  $419,900

  • 2 Beds
  • 2 Baths
  • 1,252 Sq Ft

  3001 W 10th St Unit 505, Panama City, FL 32401

  Welcome to waterfront living at its finest on beautiful St. Andrews Bay! This stunning 2-bedroom, 2-bathroom condo, located on the 5th floor, offers breathtaking panoramic views and a lifestyle of comfort, convenience, and tranquility.As you step inside, you're greeted by an open-concept living and dining area filled with natural light from large, picturesque windows that perfectly frame the

  Vianah Seamon Anchor Realty Florida

  3001 W 10th St Unit 505, Panama City, FL 32401
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  /43

  $495,000

  • 2 Beds
  • 2 Baths
  • 1,086 Sq Ft

  8727 Thomas Dr Unit C17, Panama City, FL 32408

  GULF FRONT @ Sugar Beach!! Presenting Sugar Beach C-17, the only gulf-front condo currently available in this highly desirable gated resort. This beautifully positioned 2-bedroom, 2-bath residence delivers the true Gulf-of-Mexico lifestyle, with both the primary suite and the spacious family room overlooking the water and offering direct balcony access for sunrise coffees, sunset dinners, and the

  Bubba McCants EXP Realty LLC

  8727 Thomas Dr Unit C17, Panama City, FL 32408
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  /52

  $479,000

  • 2 Beds
  • 2 Baths
  • 1,152 Sq Ft

  9450 S Thomas Dr Unit C-509, Panama City, FL 32408

  Western oriented 2BR/2BA ON THE 5TH FLOOR. PERFECT ELEVATION - NOT TOO HIGH AND NOT TOO LOW! This one-of-a-kind and rarely available property conjures up images of sun-splashed days of swimming, biking, and relaxing. The 1152sqft 2Bed/2Bath floorplan is super-efficient and lives like a beach house but comes with all the benefits of owning a condo. New Luxury vinyl plans flooring throughout and

  John Skinner Jr. Keller Williams Realty Emerald

  9450 S Thomas Dr Unit C-509, Panama City, FL 32408
• 

  

  /23

  $378,250

  • 1 Bath
  • 656 Sq Ft

  436 Harrison Ave Unit 6, Panama City, FL 32401

  *The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors

  Kristen Barr Counts Real Estate Group Inc

  436 Harrison Ave Unit 6, Panama City, FL 32401
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  /36

  $349,000

  • 2 Beds
  • 2 Baths
  • 1,075 Sq Ft

  6505 Thomas Dr Unit 904, Panama City, FL 32408

  Summerhouse Condos on Thomas Dr. has been a owner and guest favorite for years. This gulf front complex offers two bedroom/two bath units all facing the beach and gulf waters. This owner has updated its flooring throughout the unit, This condo comes fully furnished along with normal kitchenware ready to entertain your guest and family. Your balcony offers you a place to sit back with a cool drink

  Greg Taylor Counts Real Estate Group Inc

  6505 Thomas Dr Unit 904, Panama City, FL 32408
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  /32

  $479,900

  • 2 Beds
  • 2.5 Baths
  • 1,102 Sq Ft

  9900 S Thomas Dr Unit 1420, Panama City, FL 32408

  Welcome to one of the best values on the Gulf at Shores of Panama. Offering breathtaking, unobstructed views from the moment you walk through the door, this Gulf-front 2BR/2.5BA condo with additional bunk space features a highly desirable layout designed for both effortless coastal living and strong short-term rental performance. The open-concept living area is filled with natural light and flows

  Mandy Cooper Scenic Sotheby's International Realty

  9900 S Thomas Dr Unit 1420, Panama City, FL 32408
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  /49

  $344,500

  $100K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,200 Sq Ft

  5505 Sun Harbor Rd Unit 181, Panama City, FL 32401

  $99,000 PRICE REDUCTION and Short Term Rentals Now Allowed!!! One of the rarest condos ever constructed in Bay County FL. This two story end unit boasts 2 bedrooms (both on first floor), 2 full bathrooms (one on each floor), along with a large kitchen, dining area, and open living room on the second floor! The second floor also features a private covered balcony with Magnificent views of the Bay,

  Nathan Trent Coastal Sun Realty LLC

  5505 Sun Harbor Rd Unit 181, Panama City, FL 32401
• 

  

  /19

  $365,000

  $30K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9860 S Thomas Dr Unit 309, Panama City, FL 32408

  Gross Vacation Rental Projection $43,700-$59,950! Welcome to Laketown Wharf 309! Totally updated, tastefully decorated and fully furnished 2Bd/ 2Ba 1,262 SqFt condo with an additional bunk room. Perfectly situated on the 3rd floor—no need to wait for the elevator! Recently transformed with over $100,000 renovation, modern interior features an open-concept layout with new flooring, fresh paint,

  Maxim Sedov Keller Williams Success Realty

  9860 S Thomas Dr Unit 309, Panama City, FL 32408
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  /57

  $399,900

  $139K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,483 Sq Ft

  9902 S Thomas Dr Unit 838, Panama City, FL 32408

  Motivated Seller! Brand New Water Heater Installed! The bright Panama City Beach lights have stopped here! This gorgeous LAKEFRONT 3 bedroom + bunk room unit features stunning lake and gulf views from its oversized, private wraparound balcony. A Corner unit that showcases a breathtaking sunrise view and is the prime location for the nightly water show. Just Steps Away From The World's Most

  Chad Hatfield RealJoy Realty LLC

  9902 S Thomas Dr Unit 838, Panama City, FL 32408
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  /72

  $449,999

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,458 Sq Ft

  4100 Marriott Dr Unit 310, Panama City, FL 32408

  ~~Price Correction~~This low rise 2 BDRM condo is Bay front you have an amazing view of the resort pool but, far enough away from the pool noise. If relaxing is on your agenda there is a full-service spa on the first floor. Golfing, fishing, sunning, and or biking all great in this area. The complex allows short term rentals, and many make this their full-time residence.

  Trudy VanHorn Berkshire Hathaway HomeServices

  4100 Marriott Dr Unit 310, Panama City, FL 32408

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Why Live in Panama City

Panama City, located in the Florida Panhandle, is a historic community overlooking St. Andrew Bay, just minutes from the Emerald Coast's beaches. Unlike its neighboring Panama City Beach, Panama City is home to more full-time residents and offers a residential lifestyle with access to vacation-like attractions. The city is undergoing significant infrastructure revitalization, focusing on upgrading sewage and drinking water systems and repairing damage from Hurricane Michael. Housing options include primarily three-bedroom bungalows and cottages, with some newly built luxury homes and condos offering waterfront views. The median home price is around $305,000. St. Andrew Bay is central to local life, with many residents spending time on the water, utilizing marinas like St. Andrew Marina and visiting nearby Shell Island. The revitalizing Historic Downtown district features new restaurants, cobblestone streets, and a historic movie theater, with Harrison Avenue hosting pubs, bars, boutiques, and coffee shops. The Panama City Farmers Market and several seafood restaurants in the Historic St. Andrew neighborhood add to the local charm. The city also boasts a growing arts community, with art galleries, the Martin Theatre, and the CityArts Cooperative. Schools in Panama City are highly rated, including the Rising Leaders Academy, North Bay Haven Charter Academy High School, and A. Crawford Mosley High School. The BayWay bus system provides public transportation, and the Northwest Florida Beaches International Airport is about 23 miles away.

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Home Trends in Panama City, FL

On average, homes in Panama City, FL sell after 64 days on the market compared to the national average of 58 days. The median sale price for homes in Panama City, FL over the last 12 months is $329,900, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$329,900

Median Single Family Sale Price

$335,000

Median Townhouse Sale Price

$249,425

Median 2 Bedroom Sale Price

$400,000

Median 1 Bedroom Sale Price

$299,500

Average Price Per Sq Ft

$248

Number of Homes for Sale

1,243

Last 12 months Home Sales

2,263

Months of Supply

6.60

Median List Price

$349,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

0%