225 Homes for Sale in Panama City, FL

Page 1 of 12

Panama City Home Trends

Panama City, a coastal town on Florida’s Panhandle, is synonymous with Florida’ gulf coast culture. Perhaps the area is best known for Panama City Beach, practically an extension of this thriving surfside locale. Located a two-and-a-half-hour drive from Pensacola and two hours from Tallahassee, Panama City provides residents with a vibrant cityscape and waterfront delights near some of the most fruitful waters in the country. This medium-sized city is home to nearly 35,000 people spread across 20 unique neighborhoods. Looking for a home in Panama City? There are contemporary homes in neighborhoods like Stanford Place and charming cottages near the water in Lakeside and Hursts Replat. The median list price of a home in Panama City sits around $200,000, but there are more affordable listings farther east and higher priced options with incredible views of the water.

Panama City Attractions

The closer you get to the water, especially the Massalina and Watson Bayous, the more eateries and attractions you’ll find. Cove Boulevard and Beach Drive features dozens of restaurants serving up fresh seafood, local breweries attracting diverse crowds, and several nightlife spots. Where 4th Street meets Harrison Boulevard is an exciting collection of delis, restaurants, bars, and city parks. This is also where you’ll find the Bay County Historical Museum and the city’s visitor center. Dock access and Tarpon Dock Seafood Market are located along the water, where you can get the local catch of the day from fishermen moored in the local marinas. Residents head to Panama City Square and Panama City Mall along 23rd Street for some retail therapy. Of course, there’s always the beach for when the surf and sand call your name, just a short drive along Highway 98.

Panama City Schools

Public schooling in Panama City is operated by Bay District Schools, encompassing more than 26,000 students between 42 schools. The district serves 18 elementary schools, six middle schools, five high schools, two multi-grade schools, three special purpose schools, a technical school, and six charter schools. Private schooling options include Holy Nativity Episcopal School, Saint John Catholic School, Jacob Austin Preparatory Academy, and Covenant Christian School. Gulf Coast State College and Florida State University Panama City round out the options for college-bound students. Gulf Coast State College offers a range of degrees for both two and four-year programs depending on what fits students’ needs.

Commuting in Panama City

With an average one-way commute of 20 minutes, Panama City residents enjoy a slightly shorter commute than the national average. Many people commute to surrounding cities for work, including those who head to Panama City Beach for the thriving tourism industry that really picks up in peak summer season. The city operates Bay Town Trolley, a convenient public transit option. The trolley provides service to major shopping centers, hospitals, and even ferries residents to Panama City Beach. Southern Greyhound provides intercity bus transportation. The heart of the city is mildly walkable, especially the closer you get to the water and entertainment districts. Northwest Florida Beaches International Airport is 23 miles northwest of Downtown Panama City.