New Listing
7115 Thomas Drive Unit 901, Panama City Beach
$1,199,000 - 3 Beds, 3 Baths, 2,344 Sf
MLS® # 995342
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
765 Properties Found. Page 1 of 64.
New Listing
213 Sands Street, Panama City Beach
$1,399,000 - 4 Beds, 4 Baths, 2,105 Sf
MLS® # 995226
New Listing
11807 Front Beach Road Unit 2004, Panama City Beach
$599,000 - 2 Beds, 2 Baths, 1,135 Sf
MLS® # 995288
New Listing
517 Beachside Gardens, Panama City Beach
$10,995,000 - 8 Beds, 10 Baths, 6,096 Sf
MLS® # 995292
New Listing
712 Lighthouse Road 712, Panama City Beach
$229,000 - 3 Beds, 2 Baths, 1,225 Sf
MLS® # 995303
New Listing
101 Blue Sage Road, Panama City Beach
$499,000 - 3 Beds, 2 Baths, 1,791 Sf
MLS® # 995107
New Listing
16819 Front Beach Road Unit 405, Panama City Beach
$625,000 - 2 Beds, 2 Baths, 1,593 Sf
MLS® # 995115
New Listing
8727 Thomas Drive Unit B17, Panama City Beach
$453,500 - 3 Beds, 3 Baths, 1,512 Sf
MLS® # 995132
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 February 14th, 2026 at 8:22pm CST.
