Annabella's Townhomes
Homes for Sale in Panama City Beach, FL

Annabella's Townhomes market snapshot (as of September 20, 2026): the median sale price is about $232K, and a median 91 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months and up 98% since 2012, computed from record-level CPAR MLS closed sales (13 closings in the current window).

In ZIP 32407 (Panama City Beach), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.

CPAR sales records identify 53 homes in Annabella'S Townhomes that have changed hands since 2014, built between 2006 and 2017 (median 2015), with a median living area of about 1,653 sq ft and a typical 3-bedroom, 2.5-bath layout; 85% are townhomes. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a smaller townhome community where the recent pricing pullback and extended time on market suggest a buyer-friendly stretch, though limited closing volume means any single sale can move the numbers.

The headline number worth sitting with is the 13.4% year-over-year decline against a longer-run gain of 103% since 2012. That combination tells a story of a community that built substantial value over more than a decade and is now giving some of it back in the short term — not unusual for smaller inventory pools where a handful of sales can swing the median in either direction.

The 82.5-day median time on market, paired with a market heat score of 17, confirms this is not a fast-moving segment right now. No community amenities are identified from current MLS listings, so value here is driven by the unit itself — layout, condition, location within Panama City Beach — rather than shared recreational features. Buyers should factor that into how they compare this community against others in Bay County.

With only 14 recent closings and a soft heat score, pricing this community correctly takes a close read of individual unit condition and recent comparables rather than a generic market template. We track the actual listings and closed data here so you are negotiating from current numbers, not last year's assumptions.

Listings in this community report association dues of about $387 per month ($4,644 a year) — the median AssociationFee across 83 MLS records, normalised to a monthly figure; most are billed quarterly. 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.