About The Panama City Area

Located on northwest Florida’s Gulf coast, Bay County is comprised of several cities including the popular Panama City and Panama City Beach, as well as Lynn Haven, Callaway and Southport. The county was created in 1913 and was named for the multiple bays and bayous located in the area.

Homeowners enjoy the area for its beautiful natural surroundings, diverse culture, amazing nightlife and incredible dining. Panama City Beach has been named the “World’s Most Beautiful Beaches” multiple times. With over 27 miles of white sugary sand, it’s no wonder residents are so proud of this designation.

Redevelopment

Over the past several years, Panama City Beach has seen a drastic change in not only its appearance, but the real estate market as well. There are opportunities for anyone looking for homes, condos, town homes, or large tracts of land – even commercial real estate. Currently under construction are huge improvements to our area. Our local Community Redevelopment Agency (CRA) has a master plan to make Panama City Beach a “walkable community.” By adding more sidewalks, bike paths and streetscapes, the CRA plans to promote what Bay County is all about… enjoying the outdoors.

Things To Do

Bay County is famous for boating, fishing, golfing, snorkeling and camping. The Bay Point Marina brings large crowds of boaters with its world-class services and events, such as the Billfish Invitational Tournament. Are you a golfing enthusiast? Panama City Beach and the surrounding areas are home to world-class golfing, such as the courses designed by Jack Nicklaus and other top-notch courses in The Glades and Sunny Hills communities. When you’re in Bay County, it’s tee-time!

Boating and fishing in Panama City Beach, FL couldn’t get better. With world-class fishing, marinas and the emerald water, Panama City Beach will wow boating fanatics! Love to go camping? Panama City Beach and the surround areas have various places to camp. Some of them include the St. Andrews State Park, Falling Waters State Park and the Florida Caverns State Park!

Panama City Real Estate

There are beautiful communities located all over the area and they are as diverse as our culture. From nature-themed subdivisions like Wild Heron, to majestic bayside communities like Dolphin Bay, the housing market couldn’t be better.

Panama City Beach is well-known for its beach-front condominiums. Some owners purchase condos in Panama City Beach because of their income potential. Renting your property, either as a vacation rental or long-term rental, can generate revenue of as much as $50,000 per year (depending on location and amenities). Many condominiums offer an on-site rental office to manage your rental; if not, there are several rental management agencies in the area.

Investors and large corporations are jumping into Panama City real estate due to the opening of the Bay County International Airport. CNN recognized the impact the new airport will have on the area and projected an appreciation of 72% over the next five years.