Panama City Real Estate

Panama City, Florida

Panama City, located in Bay County on Florida’s beautiful Emerald Coast, is a vibrant and resilient coastal city known for its white-sand beaches, boating lifestyle, and family-friendly communities. With access to the Gulf of Mexico, St. Andrews Bay, and a revitalized downtown district, Panama City offers an ideal mix of coastal relaxation and urban convenience—making it a top destination for homebuyers, investors, and vacation homeowners alike.

Popular Property Types in Panama City

Single-family homes in suburban neighborhoods

Waterfront homes and bayfront estates

New construction and modern developments

Condos and townhomes near the beach

Investment and vacation rental properties

Living in Panama City means enjoying stunning sunsets, boating adventures, a growing arts and culture scene, and easy access to top-rated schools and healthcare. The area is rich in parks, marinas, and waterfront dining, and it's just minutes from the world-famous Panama City Beach. With year-round sunshine and a strong sense of community, Panama City appeals to everyone from young professionals to retirees.

Why Buy in Panama City

Panama City offers excellent value along Florida’s Gulf Coast. With ongoing development, infrastructure improvements, and post-storm revitalization, it’s an area with strong long-term growth potential. Buyers benefit from a range of property types and price points—ideal for primary homes, second homes, or income-producing rentals. Its coastal location and economic momentum make it a smart choice for savvy real estate buyers.

Let EMERALD Realty Brokerage help you find your perfect property in Panama City, Florida. Whether you’re searching for a waterfront escape, family home, or investment opportunity, our local experts are ready to guide you every step of the way. Contact us today to start your journey on Florida’s stunning Emerald Coast!

5205 E 11TH STREET

$134,500

Save View Details Similar Properties

Most Expensive

4601 MAGNOLIA BEACH Road

$535,000

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Least Expensive

17784 Front Beach Rd 10

$1450

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Panama City Listings Summary

Panama City - Town vs. County Stats

Avg Price in Panama City: $292,100 / County Avg $304,000

96%

Avg Taxes in Panama City: $2,800 / County Avg $2,800

99%

Avg Sq. Ft. in Panama City: 1,221 / County Avg 1,368

89%

Avg Price per/sqft in Panama City:$239 / County Avg $222

108%

Avg Year Built in Panama City: 1978 / County Avg 1989

99%

Avg Days on Website in Panama City: 222 / County Avg 285

78%

Panama City Real Estate Market Health

New Listings

Reductions

Foreclosures

Short Sales

Areas in Panama City FL
5940 - Other Florida County
5940 Florida Other
Panama City

Neighborhoods in Panama City FL
FOREST HILLS UN 2
MAGNOLIA POINT AT THE PRESERVE
NO NAMED SUBDIVISION
NO SUBDIVISION
ROBINDALE
SHORES OF PANAMA II

EMERALD Realty Brokerage

1990 Main Street Suite 750
Sarasota, FL 34236

Additional:

1825 Ponce De Leon BLVD, #491
Coral Gables, FL 33134

Should you require assistance in navigating our website or searching for real estate, please contact our offices at 941-740-5411.

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Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on September 13, 2026 6:29 AM UTC The listing information on this page last changed on Last updated on September 13, 2026 6:29 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Updated on September 13, 2026 6:29 AM UTC

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Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law. Data Last Updated: September 13, 2026 6:59 AM UTC

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than EMERALD Realty Brokerage may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: September 13, 2026 6:29 AM UTC Show More...