Panama City Beach Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

March 2, 2018

Sunbird 710W Sold & Closed

The Sunbird in Panama City Beach, FL 

Congratulations to the Kelloggs on the sale of their unit to the Richardsons who got a million dollar sunset view for only $173,000.

The Sunbird 710W sold and closed on 2/28/2018. 15 Sunbird units were sold the last 12 months (2/28/17-2/28/18):

  • Total Sales Volume $2,364,200
  • Average Sales Price $157,647
  • Median Sales Price $153,200
  • Average Sales Price/sq ft $271.96
  • 2 pending sales

It sold for 4.45% more than any other unit at $284.07/sq. ft. It ranks third in price at $173,000.*

See the pictures and details about this condo at my SOLD page 

Stay informed. Get a FREE Sunbird Market Report online by Subscribing NOW 

*Information obtained from Central Panhandle Association of Realtors®

Posted in Sold
Jan. 17, 2018

VW Quiz

Posted in quiz
Jan. 13, 2018

Sunshine Fills Panama City Beach Real Estate

The sun always seems to be shining on Panama City Beach real estate. And, the best refreshment for sunshiny days is a cool and frosty ice cream cone. Cheers ring out from crowds headed to Hershey’s Beach Ice Cream where over thirty-five flavors beckon snackers.

All the classics represent. French Vanilla is the ultimate taste sensation. Crazy Vanilla is just as yummy but a bit wild with its appearance a rainbow of colors. Strawberry kicks it up a notch by mixing deliciously with cheesecake. Chocolate lovers find exactly what they are looking for. Numerous blends including Milk Chocolate Mayhem, Muddy Sneakers, Dutch Chocolate Almond, Fudge Ripple and Bear Foot Brownie. Mixing peanut butter with chocolate goes a step further and creates plenty of smiles. Top choices are Peanut Butter Pretzel and Peanut Butter Twist. Kids go wild for fun flavors such as Cotton Candy, Playdough, Bubble Gum, Birthday Batter and Candy Bar Overload. Parents may eye their kids cones with envy but feel a bit sophisticated choosing Amaretto Chocolate Truffle, Praline Pecan, Rum Raisin or Butter Brickle.

Discover Scoops of Goodness on Panama City Beach Property

Fruity concoctions often restore energy sapped from the sun. Tropical tastebuds call out for double scoops of Mango Mango, Pineapple and Coconut. Both light and airy, Lemon competes closely with Orange Blossom on this Panama City Beach property. Passersby turn green with envy as they spy folks with bowls of Pistachio, Key Lime Pie and Mint Moose Tracks. Whatever craving comes calling there’s something in the house to satisfy. Adding an element of surprise the ice cream flavors here change regularly.

Scoops are generous in size and come in one, two and three scoop increments. Sensational sundaes smother ice cream in between bananas, or on top of brownies. Hot fudge and caramel sauces are swirled on as a finishing touch. Eat inside or out on the patio. Many indulge in a rootbeer float, shake or malt. A bit less messy these beverages are a perfect grab and go when relaxing on Panama City Beach real estate


Posted in News
Jan. 13, 2018

Behold the Sea’s Mysteries While Living in Panama City Beach

The mystery of the ocean's depths has always intrigued those on the land living in Panama City Beach and beyond. A short trip down Highway 98 leads to the Man in the Sea Museum where the history of underwater exploration of the sea is showcased.

Man’s early attempts at traversing underwater included rudimentary diving and fishing equipment such as breathing apparatuses crafted from animal skins. The evolution of personal diving equipment is more than impressive when comparing the transformation of old to modern gear. Commercial diving outfits are laid out for scrutiny next to a substantial collection of masks and helmets. Underwater crafts have also gone through significant changes. Visitors get a glimpse of early model submarines onsite while touring the Underwater Traveling Modules exhibit. Guests line up to view past United States Navy Sea Labs including the “first underwater living facility.” A journey to the Coastal Systems Display teaches patrons about the history of U.S. Navy.

Life Under the Waves Comes to Light on Panama City Beach Property

Friendly staff greet visitors and brief them on the museum's holdings. Self guided tours are easily accomplished. Guided tours give extra insight into the sealab. Multiple vessels allow boarding causing imaginations to soar.

The doors to the Man in the Sea Museum are open Wednesday through Saturday from 10 a.m. to 3 p.m. Admission is $7 for adults and $5 for children ages 6 to 17. Children under the age of 5 may enter for free. Military members and senior citizens receive discounts on ticket prices. Membership packages are wonderful for beach bums living in Panama City Beach. Including complimentary admission to the museum, other perks incorporate member only events, preferred admittance to special events and additional discounts. Options for memberships range from one year individual to family and lifetime sponsors.

After a visit to the Man in the Sea Museum on Panama City Beach property folks may look at the ocean a bit differently. The mystery remains hidden in its depths but man will forever try to get a glimpse of the secrets of the sea!


Posted in News
Jan. 13, 2018

Wild Adventure Awaits on Panama City Beach Property

The wildest of dreams come true on Panama City Beach property. At Zoo World visitors not only view exotic animals in state of the art habitats but have the opportunity to get up close and personal with a variety of creatures. One of a kind experiences feature the gentlest of animals and the most fearsome.

Get kisses from a long-necked giraffe, cuddle a sloth, hold an alligator and chirp with budgies. All encounters are priced under $40 making these memories more affordable than comparable programs at larger zoos. Mellow giraffes stick their necks out when they bid hello to those standing on the Giraffe Feeding Tower. Guests offering up a lettuce leaf or two are more often than not rewarded with a kiss of gratitude. Sloths are sleepy and love to be cuddled. Slink in slowly and match them pace for pace. Lemurs big on character adore making new friends. Brave buddies gather round for alligator feedings. When the buckets are emptied into the water a frenzy ensues. Those not intimidated may choose to hold one of these fierce relatives of the dinosaurs. Bird watchers find themselves in their own heavenly realm as they enter the aviary. Feathers fly in a colorful array and shoulders and arms become perches as birds seek out snacks in the form of a budgie stick.

Visit the Exotic Animals Calling Panama City Beach Home

Many other forms of wildlife make this their Panama City Beach home. Favorites to visit are bears, lions and tigers. Monkeys mimic each other causing giggles to break out. Youngsters of all ages engage happily with a variety of domesticated farm animals. Feed is available for those who wish to practice being a farmer. Located at 9008 Front Beach Road on Panama City Beach property, Zoo World is open from 9:30 a.m. to 4 p.m. Annual passes are great ways to stay close to the animals. Packages include limitless admission and discounts.


Posted in News
Oct. 26, 2017

Gulf Front Condo at the Sunbird for Sale

This is a Sunbird Condos for Sale Featured Listing

MLS 664387 1BR 1BA offered at $185,000 Now $179,900 

(under contract as of 1/19/2018, projected to close on 2/28/18)

Watch the video above. This can be your view! Imagine sitting on the balcony with a breeze in your face, listening to crashing waves, and seeing sunsets every evening. You can see dolphin, sharks, and groups of stingrays riding the waves. The view is also nearly as good inside as it is on the balcony.

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Posted in Condo for Sale
Oct. 21, 2017

8730 Thomas Drive 114 Panama City Beach FL 32408

MLS 664352

Offered at $185,000

Waterfront on Grand Lagoon with boat dock and Gulf access. Be in the Bay and the Gulf in 20-30 minutes. Owners can have an HOA approved pet. This gated community is only a block from the beach. You will enjoy this beautiful condo immediately because it’s ready to go and needs nothing. Look at the pictures…you won’t be disappointed. This a great place to live full-time or to have as a second home. Either way you will have your own piece of paradise. This condo has way above average storage.

Posted in Featured Listing
Sept. 13, 2017

What The Rich and Famous Look for in a Luxury Home

Across the country, inventories of available homes are suppressed and buyers in most price ranges are meeting stiff competition for homes that are in decent condition and priced right.

As we climb the price range, however, the pace slows down and buyers can be more relaxed and pickier. Ah, what life must be like when money is no object.

What do the rich and famous seek in a new luxury home? Read on to find out.

See Million Dollar Homes for sale in Panama City Beach

Robert Downey, Jr.

For most of us, buying one home is stressful and financially depleting. According to the experts, we won’t do it again for another eight years. Not Robert Downey, Jr., however. He bought not one, but two homes in a single month. Well, he is Iron Man, after all.

Downey, Jr. is now bicoastal, with a luxury home worth $10.5 million in East Hampton and one in Malibu. The former is a “cottage” while the latter is a $3.8 million mansion.

Considering what California real estate is going for nowadays, $3.8 million actually sounds quite reasonable for the 3,384 square-foot home, especially since it sits on a cliff and offers yummy water views.

The views, of course, most likely caught his eye, but the retractable glass walls, to better take in said view, must’ve cinched the deal.

See Million Dollar Homes for sale in Panama City Beach

Natalie Portman

Josh Jensen from Toronto, Ontario, Canada, Natalie Portman 2010, CC BY-SA 2.0

If the outdoor living space at Natalie Portman’s new digs isn’t the reason she bought the home, we can’t figure out what is. The Oscar-winning “Black Swan” actress paid $6.5 million for the home, located in Montecito, California (yup, the same Montecito where Ms. Oprah lives).

She, her husband and two kids will have loads of room to spread out – the home sits on more than 10 acres. The architecture is sleek and modern – almost industrial in design – with lots of steel, concrete and glass.

Like Robert Downey, Jr.’s new digs, Portman’s boasts dramatic glass doors that open to blend the outdoors with the interior.

Watch the video featuring her home.

The patios and other outdoor features would’ve lured me to sign the purchase agreement. But, then again, that library…

See Million Dollar Homes for sale in Panama City Beach

Angelina Jolie

Foreign and Commonwealth Office, Angelina Jolie 2 June 2014 (cropped), CC BY 2.0

Angelina Jolie dropped a cool $24.5 million to snatch up prolific filmmaker Cecil B. DeMille’s estate in Los Feliz, California (a Los Angeles hillside neighborhood). She and former hubby Brad Pitt shared a home in the neighborhood, so it won’t be a long-distance move.

The luxurious11,000-square-foot mansion sits on a smidge more than 2 acres and features six bedrooms and 10 bathrooms (imagine having to clean that many toilets every week!).

Built in 1913, it was designed in the Beaux Arts-style, popular at the time. We can’t begin to guess which of the home’s fabulous features cinched the deal for Ms. Jolie. We rather like the grand foyer, but the multiple gardens on the property may have been a draw.

Come to think of it, ditching the $95,000 she spent in rent every month for a Malibu hideaway may have been all the impetus the former Mrs. Pitt needed.

See Million Dollar Homes for sale in Panama City Beach

Michael Phelps

Agência Brasil Fotografias, Michael Phelps Rio Olympics 2016, CC BY 2.0

What does a former professional swimmer with 23 Olympic gold medals and a net worth of net worth of $55 million do with his money? He buys a pool, of course — with a house wrapped around it. In this case, the buyer is Michael Phelps and the home is in Scottsdale, Arizona. It’s a no brainer to figure out what Phelps was looking for in a new home. Step outside and check out the almost Grecian-like custom pool, complete with fountains at one end.

Phelps purchased the contemporary home for only $2.5 million last summer. We say “only,” because pick up the 6010 square-foot home and set it down in one of the country’s celeb enclaves and it would bring at least twice that much.

We pegged the pool as the draw for Phelps but he actually loves the view of Camelback Mountain from the backyard and the fruit trees on the property. “You go outside in our backyard and we have orange and tangerine and lemon and lime and peach and apple — all these different fruit trees growing in our backyard.”

See Million Dollar Homes for sale in Panama City Beach

David Geffen

Music and the movies – two industries in which many a man and woman have made their fortunes, but not quite as well as David Geffen. With a net worth of $7.5 billion, the college dropout has no shortage of funds to splurge on fabulous homes.

The latest addition to Geffen’s trophy-home collection is a $70-million-dollar East Hampton estate. Sitting on 2.04 acres, it boasts a tennis court, beach-side swimming pool, pond and lots of privacy-inspired landscaping.

Details about the home are sparse but what we do know is that it’s huge and it’s a safe bet it won’t be an Airbnb rental.

What would you want in a luxury home if price didn’t matter?

See Million Dollar Homes for sale in Panama City Beach

Posted in Uncategorized
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate in Panama City Beach, Florida? So are we! We review trends in our real estate market every month and consider the number of homes on the market, the number of days on the market homes have been listed for sale, specific neighborhood and condo complex trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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Posted in Market Updates
April 23, 2017

Tropical Escape Condo in St. Thomas Square Closed and Sold

Congratulations to the Hensons on the sale of their condo and to the Evers on their purchase!

St. Thomas Square plaza unit number 1305B was sold by Scott Pope with Nautical Properties on 4/20/2017 for $75,000. It was only on the market 47 days, however the seller pulled it off the market for 21 days of that time.

This unit previously sold for $70,000 on 9/7/2016. Last time it was 306 days on the market before selling which means it sold 6.5 faster than last time. It also increased 7% in value in six months or an annualized increase of 14%.

Prices are climbing and inventory is low. Don’t miss your opportunity to buy your dream beach get away.

More St Thomas Square Condos for sale

Posted in Sold