With 13 miles of coastline, Panama City Beach is widely recognized as a vacation destination where its permanent residents moved to enjoy the sun and surf year-round. “It’s paradise,” says Debbie Ingram, Panama City Beach’s Director of Communications, who’s lived here for nine years. “We have the most gorgeous sunsets and sunrises, and the sand here is so fine that it squeaks when you walk on it.” The city is a narrow strip of land along the Gulf of Mexico, with St. Andrews Bay to the northeast.
Russell-Fields City Pier and Pier Park are in the city’s center, with residential neighborhoods, beachfront condos and hotels spreading to the northwest and southeast. “People come to visit and then try to find a way to live here,” Ingram says. The city’s population of over 19,000 people increases steadily each year, and the city is meeting the growing demands by improving roads, essential services and parks. New residential communities like the Latitude Margaritaville 55-plus community are also going in. The city is part of Bay County, where tourism generates billions of dollars and is the number one industry. The county also has a large military presence, home to the Tyndall Air Force Base.
Paradise by the Sea offers a private beach for residents of Panama City Beach to enjoy to themselves.
Kayak on Lake Powell in Camp Helen State Park, Panama City Beach.
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Emerald beaches and sports games at Frank Brown Park
Public beaches are within walking distance for most residents, and City and County Piers are popular with anglers. The city also maintains six parks, including the 2,900-acre Conservation Park, which has over 24 miles of trails through wetlands and pine forests. Frank Brown Park is the city’s recreational hub with 200 acres of sports facilities, an aquatic center and a community center. The city keeps residents busy between the 20-acre festival park at Frank Brown Park and the amphitheater at Aaron Bessant Park. “We have an event every weekend from March through October,” Ingram says. Popular events include the free Summer Concert Series and the UNwineD food and wine festival.
The white sand beaches of Panama City Beach attract people from all over the world.
Camp Helen State Park was added to the National Register of Historic Places in 2012.
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Pier Park shopping and nightlife
Pier Park is a palm-tree-lined outdoor shopping mall full of pastel restaurants, bars, nightclubs and shops that offer a mix of national retailers and local boutiques. Pier Park also has tourist attractions like miniature golf and the SkyWheel, a 200-foot-tall Ferris wheel. This area becomes crowded during spring break and the summer, and residents will typically head to the city’s east side for local shopping and dining along Thomas Drive. Family-owned Captain Anderson’s Restaurant has been serving fresh Gulf seafood on the city’s east side since 1967. Grocery options include Publix, Winn-Dixie, Fresh Market and Walmart.
Many shops along Peddlers Pavilion offer beachwear and surf attire.
Sip artisanal coffee and shop unique finds at Fonville Press Market+Café in Alys Beach.
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Beachfront condos and established bungalows
The median housing price in Panama City Beach is $450,000, lower than the national figure of $406,100, and homes sell after an average of 97 days on the market. Most single-family homes here are late 20th to 21st-century bungalows, coastal cottages or multi-story American Vernacular beach houses with stacked porches. Single-family beachfront homes are rare and can cost up to $4.5 million for a six-bedroom, while a three-bedroom bungalow less than a mile from the beach can start at $250,000. Beachfront condos are typically in 21st-century high-rise buildings with one or two bedrooms; prices range from $125,000 for a studio condo to $1.4 million for a three-bedroom. Many residents live here year-round, but the city is also a popular second-home destination. Townhomes also dot the city.
Enjoy the serene beauty of single-family homes in Alys Beach's exclusive community.
Alys Beach boasts stunning single-family homes perfect for serene beachside living.
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Enrolling at the Rising Leaders Academy
Bay District Schools scores an overall B-plus on Niche and serves 27,000-plus students. J.R. Arnold High School has an A-minus on Niche and a vibrant theater program that stages performances in the school’s 1,000-seat auditorium. Students can also enter the lottery for admission into one of several charter schools, including the Rising Leaders Academy in Panama City. This school enrolls pre-kindergarten through twelfth-grade students, and Niche ranks it as the best charter school in America.
Emerald Coast Middle School serves students in 6-8 grades.
South Walton High School is located in Santa Rosa Beach.
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Hopping on the BayWay or biking the Gayle's Trails
Bay County Transportation Services offers the BayWay bus – originally called the Bay Town Trolley. The bus stops throughout the city, connecting locals with Panama City 10 miles away. U.S. Route 98, the city’s primary thoroughfare, runs through the heart of Panama City Beach. Northwest Florida Beaches International Airport is a 19-mile trip. The Gayle’s Trails system connects most of the city through bike lanes and multi-use paths. “We want to take people out of cars and make it more pedestrian and bicycle friendly,” Ingram says. The city is also building two new fire stations, a police substation, a wastewater treatment plant and a teaching hospital.
Seacrest residents and guests can enjoy biking and walking on the Timpoochee Trail.
Peddlers Pavilion can be found on Highway 30A with bike rentals for all.
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Homes are in Special Flood Hazard Areas
Panama City Beach is at risk for hurricanes. “It’s a price that residents are willing to pay because the quality of life is so good here,” Ingram says. The last major hurricane to affect Panama City Beach was Hurricane Michael in 2018. “It created a lot of debris, but we didn’t get the brunt of it,” Ingram says. Flooding is the biggest concern with hurricanes, and around half of the homes in Panama City Beach are in a Special Flood Hazard Area; homebuyers here must purchase flood insurance and receive special permits for construction projects. Ingram says that flooding is uncommon, and the city’s ongoing infrastructure projects are working to improve occasional flooding along roadways.
Heightened crime during spring break
Panama City Beach has higher crime rates during the summer and spring break. However, the city reported decreased violent crime rates in early 2024. Police are cracking down on spring breakers by implementing tighter rules during March, like limiting alcohol on the beach.
Written By
Brennen Martin
Photography Contributed By
Daniele Giuseppe Del Gaudio
Video By
Kyle Keyes
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On average, homes in Panama City Beach, FL sell after 110 days on the market compared to the national average of 70 days. The median sale price for homes in Panama City Beach, FL over the last 12 months is $435,000, down 2% from the median home sale price over the previous 12 months.
Looking for a cozy and affordable home near the beach? This updated 3-bedroom, 1-bathroom trailer home is centrally located, offering Freshly paint, modern LVP flooring. It also features a brand-new concrete driveway and a fully fenced backyard, providing privacy and plenty of space to enjoy. Tucked away in a quiet, centrally located neighborhood, it's just minutes from the beach, shopping, and
This is an exceptional opportunity to acquire a three-bedroom, three-bath condominium in the Tower Building at Pinnacle Port offering some of the most desirable views available. The unit features tile throughout, an updated kitchen with tile backsplash. A full-size laundry room offers ample storage, and an open stairwell extends up the staircase to the second level.On the main floor, the primary
Seller financing will be considered with a substantial down payment, offering a flexible path to ownership in the unique, nature-focused community of RiverCamps. This homesite offers unmatched privacy, with protected wetlands ensuring that no homes can be built to the north or west, preserving the peaceful, secluded feel of the lot. Nestled between the Intracoastal Waterway, Crooked Creek, and
Looking for a cozy and affordable home near the beach? This updated 3-bedroom, 1-bathroom trailer home is centrally located, offering Freshly paint, modern LVP flooring. It also features a brand-new concrete driveway and a fully fenced backyard, providing privacy and plenty of space to enjoy. Tucked away in a quiet, centrally located neighborhood, it's just minutes from the beach, shopping, and
This is an exceptional opportunity to acquire a three-bedroom, three-bath condominium in the Tower Building at Pinnacle Port offering some of the most desirable views available. The unit features tile throughout, an updated kitchen with tile backsplash. A full-size laundry room offers ample storage, and an open stairwell extends up the staircase to the second level.On the main floor, the primary
Seller financing will be considered with a substantial down payment, offering a flexible path to ownership in the unique, nature-focused community of RiverCamps. This homesite offers unmatched privacy, with protected wetlands ensuring that no homes can be built to the north or west, preserving the peaceful, secluded feel of the lot. Nestled between the Intracoastal Waterway, Crooked Creek, and
Love the active adult lifestyle? Here's your chance to live in a fabulous Latitude Margaritaville Watersound in Panama City Beach, FL the desirable 55+ community. Nestled in the fun and social Phase 6B/C, this home is just steps from lively gatherings at Flip Flop Square, where neighbors come together for happy hours, BBQs, and community fun, all while being conveniently close to the incredible
Welcome Home to Gulf Highlands Beach Resort! Conveniently located in the heart of Panama City Beach, this cute 2 bedroom, 2 and a half bathroom townhome is a comfortable place to live the beach life! A great place to long term rent- especially if you are making a transition to the area. ALL utilities- including electricity are included in the monthly rent. Small pets are negotiable, and will
Welcome to this charming 3-bedroom, 3-bathroom pet friendly home located in the desirable west end of Panama City Beach. This spacious 2,038 sq ft residence sits on a corner lot just one block from the 'World's Most Beautiful Beaches.' The interior boasts a cozy living room with ample natural light, a fully-equipped kitchen with modern appliances, and a comfortable dining area perfect for family
In Upper Grand Lagoon, parking tells the story. Good luck finding a spot outside one of the restaurants on Thomas Drive during peak dining hours. This community lays claim to the largest collection of independently owned eateries in the wider Panama City Beach region. It’s a quality that adds flavor to a community with a more native feel than the nearby beach haven to the west. “More residential, more local,” says Quinn DiBacco, vice president and North Florida manager of DiBacco Importing & Distributing in the neighborhood. “A lot of local restaurants, good food. We do get tourists down on this end, because the Grand Lagoon’s right here. But this is generally where all the people who live here come.” Don’t get it twisted, though — there’s still plenty of outdoor fun to be had here, too.
In a community surrounded by water, seafood dominates. People here have their pick of fresh fish, shrimp, oysters and more. “I probably eat out personally three to four times a week. We always eat [in this area],” says Nicole Hulgan, owner of Pieces on the Beach, a coastal chic and antique market in Upper Grand Lagoon. “Even when I go to the west end of the beach, it’s just not the same. Here, we’ve got some great local restaurants.” One hotspot is Christo's Sports Bar & Grill, a local favorite connected to, of all things, a gas station. The eclectic dining spot features a wide menu and plenty of TVs, which come in handy during football season. Richard Anderson, a local Realtor with Premier Properties of Bay Co., says everything on the menu there is good, whether its shrimp just from the water or piping-hot Philly cheesesteaks. Other popular options include J. Michaels Restaurant, renowned for its oysters, or Dat Cajun Place Cafe where “The name speaks for itself,” says Anderson, a native of the region. Locals looking to celebrate often head over to North Lagoon Drive for Capt. Anderson's Restaurant & Waterfront Market and The Grand Marlin, two upscale dining options. And when people feel like mixing it up, there’s a Publix on Thomas Drive, convenient for grabbing groceries for a home-cooked meal.
Upper Grand Lagoon branches out into a labyrinth of residential corridors around Thomas Drive. Though close to the beach, it tends to be quieter and heavily residential. Single-family homes dominate the landscape, some dating back to the 1950s. Many have new traditional Craftsman and Mediterranean styling with spacious floor plans. Situated on a peninsula that juts into the Grand Lagoon and Saint Andrew Bay, this neighborhood offers plenty of waterfront homes. One of the most popular such locations is the gated community of Bay Point. “The good thing about this [neighborhood] is it’s not a cookie-cutter thing,” Anderson says. “These are all custom homes.” Though buyers can find homes in the $200,000s, most landlocked options will cost somewhere in the $400,000 to $600,000 range. Meanwhile, a home with a water view usually tops $1 million and can climb as high as $2 million. Townhomes in the area are less expensive but can climb into the $600,000 range, depending on location.
Who doesn’t love a little bit of competition? It’s fitting that this restaurant hub is home to the Annual Grand Lagoon Bloody Mary & Music Festival, held in November at the Sheraton Panama City Beach Golf and Spa Resort. Local watering holes vie for recognition of the “Best Bloody Mary in the Grand Lagoon,” and the event includes live music, too. Locals looking for fresh produce frequent the Grand Lagoon Waterfront Farmers Market, held on weekends at Capt. Anderson's Restaurant.
While world-class beaches are less than 10 miles away, locals are even closer to another natural gem: St. Andrews State Park. This 1,200-acre expanse is one of the most popular outdoor attractions in the state, attracting one million visitors each year. St. Andrews is an accommodating space as well, whether someone wants to fish or go bird watching. Marc Miller, a local realtor with RE/MAX By the Sea, likes the park for surfing. It has the best waves, he says. “Everybody goes there,” says Miller, who has been a realtor for over three years after previously working at Panama City’s Naval Surface Warfare Center. “They’ve got walking trails, you can camp, they’ve got a boat launch in there.”
Boaters can take advantage of this community’s location along the lagoon and the bay for leisurely voyages. Those without a boat, meanwhile, can explore using one of the myriad charters here — many of them are located by Capt. Anderson's Restaurant and the adjacent Capt. Anderson's Marina. “For a long time, every year, I would charter one of the boats over here and take a group of friends for an all-day fishing trip, and have a great time,” Anderson says.
Thomas Drive and North Lagoon Drive are hubs of activity in Upper Grand Lagoon, but they’re also stretches that link locals to other parts of this region. North Lagoon Drive can take drivers up toward Front Beach Drive, the main waterside artery in neighboring Panama City Beach. Thomas Drive connects to U.S. Route 98 for commutes across the lagoon, toward Panama City. Locals can also access the Bayway bus service here, thanks to the multiple stops along Thomas Drive.
The wide-ranging Bay District Schools system covers students in Upper Grand Lagoon, a district with a B-plus overall grade on Niche. The area’s A-minus-rated Patronis Elementary has an active PTO, one described as the heartbeat of campus. At the B-plus-rated Surfside Middle, extracurricular activities include multiple sports teams, among them a championship-winning girls volleyball team. J.R. Arnold High also carries a B-plus grade, and students here can participate in career and technical education programs on topics ranging from construction technology to early childhood technology.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.