Panama City Beach FL Condos & Apartments For Sale

Start living your coastal dream in one of Carly Sostheim's extraordinary beachfront condos or apartments for sale. Located along the exquisite beaches of Panama City Beach, FL, our properties offer a unique combination of luxury and comfort – beautiful ocean views, contemporary amenities, studios, to penthouse-sized residences. Explore our collection today and take the first step towards finding your ideal home near white sand perfection.

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Panama City Beach Housing Market Trends

Florida's Panama City Beach housing market demonstrates a competitive environment with notable price changes. Homes in Panama City Beach typically receive an average of 2 offers and sell within approximately 64 days. In May 2023, the median sale price of homes in Panama City Beach was $435,000, indicating a decrease of 8.9% compared to the previous year. Additionally, the median sale price per square foot in Panama City Beach is $438, showing a slight decrease of 0.11% since last year.

During May 2023, the housing market in Panama City Beach experienced a decline in median home prices, with an 8.9% decrease compared to the previous year. Homes in this area typically spend an average of 64 days on the market, increasing from 30 days last year. The number of homes sold in May this year was 137, representing a decrease of 27.1% compared to the same month the previous year.

The recent data suggests that the Panama City Beach housing market is experiencing a downward trend in median prices while homes take longer to sell. It remains competitive, with homes typically selling within 56 days.

Overview for Panama City Beach, FL

20,941 people live in Panama City Beach, where the median age is 48.4 and the average individual income is $39,507. Data provided by the U.S. Census Bureau.


Total Population

48.4 years

Median Age


Population Density


Average Individual Income

Panama City Beach, FL

A Guide to Living In

Panama City Beach, FL

Welcome to Panama City Beach, on Florida’s Emerald Coast. One of the world’s most beautiful beaches, the area gets its name from its emerald-colored water and sugary white sand. One of the best things about living in Panama City Beach is the incredible weather. With over 300 days of sunshine every year, there’s lots of time to get outside and have fun. The Panama City Beach real estate market offers residences at all different price points, including single-family homes and condominiums in an area filled with golf courses, marinas, and local attractions. Panama City Beach is also a top-rated tourist destination, so it offers excellent parks, activities, shopping, and entertainment venues.


Amenities in Panama City Beach condos often include beach access, swimming pools, fitness centers, gated communities, parking spaces, and in some cases, private balconies with ocean views. Many condos also have communal areas like picnic areas, grilling stations, and recreational facilities.

There are usually no specific age restrictions for buying condos in Panama City Beach. However, certain communities or associations might have their own rules and regulations. It's essential to check with the individual condo association for any age-related restrictions.

In addition to the purchase price, condo owners typically have to pay monthly homeowners association (HOA) fees. These fees cover maintenance of common areas, amenities, and sometimes utilities. Additionally, property taxes, insurance, and any mortgage costs would be the owner's responsibility.

Yes, many condo owners in Panama City Beach choose to rent out their properties, especially during the peak tourist seasons. However, there might be rental restrictions or guidelines set by the condo association. It's important to review these rules before purchasing a condo for investment purposes.

To find a reputable real estate agent, you can start by researching online, reading reviews, and asking for recommendations from friends or family who have recently purchased property in Panama City Beach. Additionally, you can contact local real estate agencies and interview agents to find someone who understands your needs and preferences.

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