Panama City Real Estate & Homes for Sale in Florida
Panama City in Bay County, Florida, presents residents and visitors with only one problem: what to do today! With 27 miles of beaches, a moderate climate, world-class golf courses and warm Gulf of Mexico waters, the possibilities are endless. Panama City’s emerald waters and white sand beaches create an idyllic paradise for a permanent home, a vacation home or just a visit. Real estate options consist of single-family homes, condominiums and townhouses as well as land lots. The warm Gulf waters and pristine beaches offer myriad recreation opportunities, including sunbathing, swimming and boating. Panama City’s waters are also home to abundant sea life, with dolphins often frolicking in the waters, as well as 50 artificial reefs, including six historic ship wrecks, offering great snorkeling and diving experiences. In fact, Panama City is known as the “Ship Wreck Capital” and has earned a reputation as one of the premier diving destinations in the south. Fishing is also a common pastime, and visitors and residents can charter a boat or utilize one of the city’s marinas. If catching it yourself isn’t for you, you can enjoy the end result at any of Panama City’s delicious seafood restaurants. Golf is also popular in Panama City, with seven prestigious golf clubs nearby, including Panama Country Club, Windswept Dunes Golf Club and Signal Hill Golf Course. Dining is also top-notch here, with many resorts located nearby, as well as quaint local fare. Enjoy only the best of Florida living in scenic, exciting Panama City.
Price Range of Panama City Houses
Condominiums and townhouses are available in this area from approximately $100,000 to more than $3.8 million. Single-family detached homes are available from less than $100,000 to more than $8 million. Properties are available in a number of styles, such as traditional, contemporary, Spanish, Mediterranean and single-story. Many great amenities are available, including central air conditioning, swimming pools, water views, waterfront properties, wooded lots, fireplaces, large lots, community facilities, multi-car garages, golf course proximity, boat facilities and hot tubs. Land for custom building is readily available from less than $100,000 to more than $12 million. Farmland is extremely limited.
Panama City FL Real Estate for the week of January 23rd, 2012: homes priced around $165,489 compared to $165,489 the previous week, to remain steady with no change in listing price. For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Panama City FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Panama City, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Panama City, Panama City neighborhood information, crime stats, home values, and schools in Panama City to help you find the best home!