Panama City Real Estate

Panama City Real Estate

Panama City is located in the Panhandle of Florida, directly on St Andrews Bay and the Gulf of Mexico.   It is the largest city between Tallahassee and Pensacola and serves as the county seat for Bay County.  As of 2010 the population of Panama City is just over 36,000 residents.  The weather in Panama City is a subtropical  climate with short winters and long hot summers.  In 2006 Panama city was named in the top 10 cities to invest in real estate according to CNN.  The real estate market took a sharp upturn in the early to mid 2000's and in early 2006, the market shifted and corrected.  Currently Panama City real estate market values mirror the values in 2004 before the spike in prices.   The real estate market is expected to stabilize and improve over the next 18 to 24 months.

The largest employers in Panama City are Rock-Tenn, otherwise know as the "paper mill", Arizona Chemical and Tyndall Airforce Base. 

Feel free to "request more information" about Panama City

Panama City has many restaurants, Panama City Mall and shopping along the 23rd St, Hwy 98 and Tyndall Parkway corridor that runs thru town.

There are many smaller "communities" that are usually referred to as Panama City.

  • St Andrews
  • Millville
  • Parker
  • Callaway
  • Springfield
  • Lynn Haven

Attractions to Panama City


  • St Andrews Marina, home to Uncle Ernies Bayfront Brew House and Grill, The Shrimp Boat Restaurant, Hunt's Oyster Bar and many small eclectic shops and stores
  • Panama City Marina, home of a new lighthouse project at the end of Harrison Ave. 
  • Harrison Ave downtown, great place for events like First Friday and home to antique stores and "mom and pop" restaurants
  • St Andrew Bay, great fishing, boating and watersports
  • Gulf Coast State College
  • Florida State Campus Panama City

Contact Information

The Payne Group
Keller Williams Success Realty
309 Richard Jackson Blvd, Suite 200
Panama City Beach FL 32407
MOBILE: (850) 392-1770
Fax: 888-753-0010