Panama City, Florida Real Estate Guide

Panama City is a waterfront city on St. Andrews Bay in Bay County, Florida, with a mix of historic neighborhoods, established subdivisions, and newer communities. This guide highlights lifestyle, amenities, and real estate considerations across Panama City, Florida.

Monthly Market Reports | Neighborhood Tours

Panama City, Florida is a waterfront city in Bay County known for its residential neighborhoods, access to St. Andrews Bay, and a lifestyle centered around boating, fishing, and everyday coastal living. Unlike the resort-focused atmosphere of Panama City Beach, Panama City offers a more traditional residential feel with a mix of historic areas, established subdivisions, and newer developments.

Positioned along the bay with access to marinas, downtown amenities, and nearby beaches, Panama City appeals to buyers seeking primary residences, second homes, and long-term investment opportunities in Northwest Florida.

Panama City Florida Neighborhoods
Detached single-family homes in Panama City Florida are spread across a range of residential neighborhoods, each with different lot sizes, price ranges, and proximity to the beach or bay.

View the full directory of Panama City Florida neighborhoods to explore specific areas and housing characteristics.

Panama City Monthly Market Reports

Monthly updates covering pricing trends, sales activity, and inventory conditions across the Panama City real estate market.

Panama City Neighborhood Tours

Video overviews of neighborhoods and community areas throughout Panama City, Florida.

What to Love

Waterfront access along St. Andrews Bay
Established neighborhoods with mature landscaping
Proximity to marinas, boat ramps, and fishing
A mix of historic homes, mid-century neighborhoods, and newer construction
Close access to Panama City Beach without the resort density

Local Lifestyle

Life in Panama City revolves around the water and the community. Residents enjoy boating, kayaking, and fishing in the bay, along with local parks, neighborhood restaurants, and community events. Areas like St. Andrews provide a lively atmosphere with local shops and dining, while other parts of the city offer quiet residential streets and established neighborhoods.

Panama City’s location makes it easy to balance everyday living with trips to the beach, nearby nature preserves, and regional employment centers.

Homes & Neighborhoods

Panama City features a wide range of residential options, including bayfront homes, golf course communities, established subdivisions, and neighborhoods close to downtown and St. Andrews. Architectural styles vary from historic cottages and mid-century ranch homes to newer construction with modern layouts.

Homes in Panama City are often favored by buyers looking for more space, long-term value, and a residential setting while still enjoying coastal amenities.

Dining, Shopping & Entertainment

Panama City offers a growing mix of local dining, waterfront restaurants, and neighborhood favorites. Downtown Panama City and the St. Andrews area are known for their locally owned restaurants, breweries, and community events. Shopping options include local boutiques, everyday conveniences, and access to larger retail centers throughout Bay County.

Schools

Panama City is served by Bay District Schools and offers a range of public and private school options throughout the city. School zoning and availability can change over time, so confirm current assignments through official district resources.

Location

Panama City is centered around St. Andrews Bay, with many neighborhoods connected by key corridors such as U.S. Highway 98 and Martin Luther King Jr. Boulevard in Panama City, Florida. Nearby landmarks commonly referenced include the waterfront in Historic St. Andrews and Panama City Marina, along with easy access toward the Gulf beaches.

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Our Presence In The Market

This section below reflects The Real Experts Group’s market involvement within this specific area, including represented listings and sales when applicable.

Our Active & Pending Listings

Our Recent Sales

Our Team

Alice De La Penha

Condominium and Residential Specialist | Real Estate Negotiation Expert | Military Relocation Professional

DRE #3290518

(850) 660-0609 [email protected] READ BIO
Sean Casilli

Co-Founder | CLHMS-GUILD Elite – Certified Luxury Home Marketing Specialist

DRE #3389725

(850) 771-7738 [email protected] READ BIO
Tetiana Burke

Real Estate Advisor | English, Ukrainian, Russian Spoken | Beach properties expert

DRE #3502395

(850) 752-9119 [email protected] READ BIO
Sara Green

Real Estate Advisor

DRE #3333602

(850) 660-3302 [email protected] READ BIO
Brenda Vines

Real Estate Advisor | Specializing In Serving Military Home Buyers and Sellers | Beach Properties Expert

DRE #SL3582485

(850) 660-3305 [email protected] READ BIO
Dailen Alvarez

Real Estate Advisor | Se Habla Español / English spoken

DRE #251021024

(850) 660-0607 [email protected] READ BIO
Luisa Dick

Luxury Real Estate Expert with a Passion for Interior Design

DRE #SL3621547

(850) 990-3982 [email protected] READ BIO
Brian Dick

Real Estate Advisor

DRE #SL3618260

(850) 306-4449 [email protected] READ BIO
Shaz Ulugbekov

Real Estate Advisor

DRE #SL3493237

(850) 771-3121 [email protected] READ BIO