Ambassador Beach
Condos for Sale in Panama City Beach, FL

Ambassador Beach Condo market snapshot (as of September 12, 2026): the median sale price is about $242K, and a median 122 days on market for closed sales. The trailing-12-month median is up 3% from the prior 12 months and up 440% since 2012, computed from record-level CPAR MLS closed sales (8 closings in the current window).

In ZIP 32013 (Panama City Beach), 248 homes closed in the last 12 months at a median of $425K, down 4.4% year over year, with a median 75 days on market. Right now 166 active and 26 pending listings — a buyer's market. See the live ZIP 32013 housing market and the Bay County market.

CPAR sales records identify 11 homes in Ambassador Beach Condo that have changed hands since 2025, built between 1982 and 1983 (median 1982), with a median living area of about 417 sq ft and a typical 1-bedroom, 1-bath layout; 100% are condominiums. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Ambassador Beach Condo sits in the Panama City Beach condo market in Bay County, where pricing at the mid-$240s and a 92-day median marketing time point to a segment that rewards patience over speed, whether you are buying or listing.

The 440% climb since 2012 is the headline number for this community, and it puts current pricing in context: this is not an early-stage opportunity, it is an established condo market that has already appreciated substantially over more than a decade. The much smaller 3.2% year-over-year change suggests that run has slowed to something closer to normal, incremental movement rather than the kind of rapid gains that defined the earlier stretch.

A median of 92 days on market and a heat score of 41 both point the same direction: demand exists, but it is not urgent. Sellers should expect a real marketing period rather than a quick turnaround, and buyers who are willing to be patient and precise on price have room to negotiate. With only six closings in the current window, pricing conclusions should be treated as directional rather than precise, and any specific unit needs to be evaluated on its own condition and listing history rather than the community average alone.

In a market with a thin closings sample and a 92-day median marketing period, pricing a unit correctly the first time matters more than in a fast-moving market where mistakes get absorbed quickly. We track the actual comparable sales as they close, not a stale average, and we price and negotiate accordingly — whether that means holding firm on a well-priced listing or knowing when a buyer has real leverage on days on market.

Listings in this community report association dues of about $1,044 per month ($12,528 a year) — the median AssociationFee across 56 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.