- Residential
- 3 Beds
- 3 Baths
- 1,769 SqFt
10509 Front Beach Road I-806, PANAMA CITY BEACH
$899,000
New
Condo in Panama City Beach for Sale
Deep in the heart of the Florida Panhandle lies Panama City with a local population of less than 13,000 people residing in the city limits. Deemed the "The World's Most Beautiful Beaches" for its sugar-white sand beaches and diverse collection of wildlife.
Panama City Beach Real Estate Listings
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Panama City Beach Florida Condos
Panama City Beach Condos dot the 27 miles of beachfront representing over 100 different condo complexes. With all of this attention and opportunity, its no wonder that buyers searching for a vacation home have lots of real estate options to consider.
The southern states and their inhabitants have staked their claim on this easily accessible vacation destination garnering visitors from Nashville, Atlanta, and even snowbirds fleeing from New York.
Real Estate Boom
Thanks to a mid-2000s construction boom, this quaint vacation town rapidly became a developers playground replacing the old, beach motels and concrete block beach cottages into amenity-rich condominiums and luxury waterfront homes.
These new additions still draw people to this area by the millions during Summer and allow vacationers to choose the experience they want during their stay. Condos prices nearly quadrupled during the peak of the real estate condo boom, which led to hungry investors eager to find a good deal.
After 2007, prices stabilized in the condo market and Panama City Beach real estate began its resilient climb almost immediately in 2008. Boasting one of the first cities to see home values increase, the Panama City Beach condo market has steadily appreciated every year since.
With Highway 98 to the North and Highway 79 and Highway 331 to the West, Panama City Beach condos are driving distance to just about every major city in the South.
Where to Find Panama City Beach FL Condos
Condos for sale can be found along the 27 mile beachfront of the Gulf of Mexico and even north along the St. Andrew's Bay that borders nearby Panama City, FL. The flood of newer condos like Calypso Towers and Resort, Aqua, Seychelles, Edgewater Resort and Splash have attracted more luxury clientele for condo sales as well as vacationers.
These all offer breathtaking views of the Gulf with amenities that will have buyers rethinking their trip home.
Good news for Buyers looking to be closer to Pier Park and the West end Panama City Beach, the majority of the newer condominiums projects expanded this direction as well giving way to a shopping and condo experience any family is sure to love.
Benefits of Condo Ownership
In Panama City Beach, condos have become a way of life for locals and 2nd home owners alike. With financing laws making it progressively easier to acquire condotel financing, these vacation homes are becoming increasingly popular for families with kids and grandchildren.
Most condos HOA's provide water, sewer, trash, security, flood/hazard insurance, and sometimes electric and cable too! This consolidation of payments with lower rates single family homeowners are paying is extremely attractive for those looking for a low upkeep 2nd home.
The benefits of condo ownership may also include amenity-rich facilities and views that would cost a fortune to have in a single family home on the beach.