Panama City Beach Real Estate

Panama City Beach, or "PCB" is nearly 30 miles of white sand and emerald water. Homes in Panama City Beach are advantageously situated for investment as well as living. CNN Money named Panama City Beach the #1 real estate market in November 2006. While new construction is making Panama City Beach real estate still affordable, property values are expected to stay high.

Panama City Beach MLS Listings

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
852 Properties Found. Page 1 of 71.
Photo of Listing #1009556
New Listing

21737 Tolliver Road, Fountain

$749,000 - 4 Beds, 4 Baths, 4,225 Sf

MLS® # 1009556

Photo of Listing #1009557
New Listing

7835 Surf Drive, Panama City Beach

$1,195,000 - 3 Beds, 3 Baths, 1,616 Sf

MLS® # 1009557

Photo of Listing #1009580
New Listing

1512 Match Point Lane # 201, Panama City Beach

$725,000 - 3 Beds, 4 Baths, 2,558 Sf

MLS® # 1009580

Photo of Listing #1009597
New Listing

2340 Pelican Bay Court, Panama City Beach

$715,000 - 3 Beds, 4 Baths, 2,182 Sf

MLS® # 1009597

Photo of Listing #1009598
New Listing

169 Griffin Boulevard Unit 114b, Panama City Beach

$475,000

MLS® # 1009598

Photo of Listing #1009565
New Listing

2837 Longleaf Road, Panama City

$1,070,000 - 4 Beds, 4 Baths, 3,344 Sf

MLS® # 1009565

Photo of Listing #1009564
New Listing

17620 Front Beach Road Unit Z4, Panama City Beach

$225,000 - 2 Beds, 2 Baths, 1,120 Sf

MLS® # 1009564

Photo of Listing #1009517
New Listing

410 Otto Lane, Panama City Beach

$335,550 - 3 Beds, 2 Baths, 1,148 Sf

MLS® # 1009517

Photo of Listing #1009524
New Listing

704 Gulf View Drive, Panama City Beach

$599,000 - 3 Beds, 2 Baths, 1,104 Sf

MLS® # 1009524

Photo of Listing #1009526
New Listing

8450 Dreams Float Court, Panama City Beach

$405,000 - 2 Beds, 2 Baths, 1,315 Sf

MLS® # 1009526

Photo of Listing #1009509
New Listing

8125 Sunset Avenue, Panama City Beach

$365,000 - 3 Beds, 2 Baths, 1,152 Sf

MLS® # 1009509

Photo of Listing #1009400
New Listing

17311 Front Beach Road, Panama City Beach

$1,300,000 - 2 Beds, 2 Baths, 1,120 Sf

MLS® # 1009400

 

Panama City Beach Condos & Homes

"PCB" has been a popular vacation and spring-break destination for a long time, but has only recently been the object of real estate development. Home prices are stabilizing from their record highs in 2005-6 and now offer all levels of buyer quality living space for a fair price.

Condos have been experiencing a large growth right now. A Panama City Beach condo is a great way to break into the market or downsize, as it is generally less expensive than a house and most condominium complexes provide outside maintenance and care. Many condos in Panama City Beach overlook the waters of the Gulf, certainly a spectacular backdrop to a convenient, affordable living space.

Single-family homes in Panama City Beach are available for those wanting more space. It's still possible to buy a single-family home for under $200,000 here and the average sale price is still well under $300,000.

No matter what kind of real estate you're looking at, its potential as an investment property cannot be overlooked. Since Panama City Beach is experiencing a boom in popularity with vacationers, retirees, families with children and those just starting out on their own, your property could jump in value, both for the resale potential and the income you could generate by offering it as a standard rental or a vacation property.

Shopping and dining opportunities abound in Panama City Beach. In addition to its own offerings, the unique offerings of the Beaches of South Walton are only a short drive away. For the golfers, there are many courses that will provide a challenging game for all levels of player. Fishing is another hugely popular pastime for residents and visitors alike and Panama City Beach has a respectable number of charter boats available by the hour or the day.

For the growing family, Panama City Beach offers top-rated schools and a variety of great activities. In addition to the water sports that the area supports, there are many attractions and fun educational opportunities. The Ripley's Believe It Or Not franchise has a branch here, built to look like a grounded ocean liner. The Gulf World Marine Park is a treat for marine nature lovers and kids will love the interactive shows.

Panama City Beach is a community only recently risen to popularity with the real estate owning public. It's a growing market with a lot of advantages for people of all walks of life. Come and discover what a Panama City Beach home can do for you!

Contact Ocean Reef Realty for more information about Panama City Beach, Florida.

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on August 11th, 2026 at 12:37am CDT.