Panama City Beach is the “Beach Lover’s Beach.” Located in northwest Florida, Panama City Beach boasts over 27 miles of sugary, white-sand beaches that have been recognized as some of the world’s best by Southern Living Magazine, The Travel Channel and Dr. Beach. Panama City Beach is approximately 98 miles southwest of Tallahassee and is part of Bay County. Real estate options consist of single-family homes, condominiums and townhouses as well as land lots.
The area averages 320 days of sunshine a year, making its pristine beaches and vibrant waters a natural draw for swimmers, boasters, fishermen, snorkelers and divers. Although the beach is a main attraction in the area, Panama City Beach also has plenty of activities available off the beach. There are several water and amusement parks, a zoo, marine park, miniature golf courses, racetrack and St. Andrews State Park, a 1,260-acre park with forests, sand dunes, marshes, swimming areas, campgrounds and hiking trails. Golf is also a top activity in Panama City Beach, with four premier golf courses nearby. The Bay Point Resort is one of Florida’s top golfing destinations and Hombre Golf Club is the location of PGA Qualifying Schools. For the food lover, dining opportunities abound. Known as the “Seafood Capital of the World,” Panama City Beach is home to many renowned seafood restaurants, as well as many delicious steak, barbecue and Cajun restaurants. If seafood is your taste, be sure to attend the Indian Summer Seafood Festival in October. Always dreamed of living in paradise? Panama City Beach gives you the chance.
Condominiums and townhouses are available in this area from less than $100,000 to more than $3 million. Single-family detached homes are available from less than $100,000 to more than $8 million. Properties are available in a number of styles, such as traditional, contemporary, Spanish, single-story and Mediterranean. Many great amenities are available, including central air conditioning, gated communities, fireplaces, water views, waterfront properties, swimming pools, community facilities and boat facilities. Land for custom building is readily available from less than $100,000 to more than $12 million. Farmland is extremely limited.
Panama City Beach Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $163,622 compared to $163,622 the previous week, to remain steady with no change in listing price. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Panama City Beach FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Panama City Beach to help you find the best home!