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About Panama City, Florida
Panama City offers a happy medium between a city and a town. The largest city between Pensacola and Tallahassee, Panama City is located right on the beach but it is affordable as well.
Emerald Coast City at an Unbeatable Price
Panama City is the kind of place where the locals live on the Emerald Coast. It is the place where they have access to the Gulf of Mexico right there in town, real jobs that pay well enough, and an affordable cost of living. The city has a diverse job market with jobs in the air force and navy bases nearby, plus a local news station in the area, construction, finance and insurance, government jobs, and more.
Overall, there are good schools to choose from and enough to fit the city’s many needs. Whether you need a charter school, private school, or public school you will find it here without a problem.
Things to Do in Panama City
Panama City has a whole host of things to do for fun. It has great beaches such as St. Andrews State Park and Shell Island, as well as sights to see and local history to learn about. At its beaches, there is plenty of fun to be had too. While the calm, crystal-clear water of the Gulf of Mexico washes peacefully onto the shore, people are out there kitesurfing, fishing, whale watching, and having a blast.
In addition to the beach, there are plenty of rec centers and cool parks to visit in the area.
Real Estate Market
As stated before, the real estate market in Panama City is affordable, yet booming. In Sept 2022 the median sold home price went nearly 29% year over year! Yet, housing prices are still almost half that of the national average at just below $250K.
So, now is a good time to get in on the action in Panama City. Clearly, people are starting to figure out how good of a deal it is for a beach city on the Gulf of Mexico. It seems like the city has a lot of potential for growth — and it’s we’re already beginning to see that play out. After all, where else can you buy a house that is close to the beach for just over half of the national average?
Zip Codes in Panama City, Florida
32401, 32402, 32404, 32405, 32406, 32412
Panama City is a wonderful place to visit and an even better place to live. Why visit the paradise-like climate and area when you could live there? Or, you could purchase a vacation home and come to it a few times per year.
After all, everyone that has done that in the past few years has made a lot of money with their appreciating values.
I had a rental in Destin, FL that was trashed by renters. Rather than put in the money and time to fix it up, I reached out to David at Purple Egg Real Estate. David was professional and courteous and a true pleasure to work with.
I was done with being a landlord. David was straightforward and kept his word, and we closed on the date I chose. Additionally, they paid all the closing costs and bought the house as-is without repairs or clean-up.
Purple Egg Real Estate For All YourNeeds
Purple Egg Real Estate is local and family-owned. We are not real estate agents so you never have to worry about realtor fees with us. We are committed to the local real estate market in the Florida Panhandle and Lower Alabama. By using a locally established firm, you can help ensure local housing remains local, and help rejuvenate our neighborhoods by using someone who values the local community.