Bahama Beach
Homes for Sale in Panama City Beach, FL
All 733 homes for sale in Panama City Beach, FL · median $368,500 · 395 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of October 2026, Bahama Beach in Panama City Beach, FL has 11 homes for sale and 1 pending, asking from $249,000 to $6,295,000 (median $788,950). Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $355,000, a median 13 days on market, sellers accepting 97% of original asking (-3% versus the prior year). Homes listed or recently sold were built 1940–2024; 3 of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,360 ($3,870 with the full homestead exemption).
Last 30 days in Bahama Beach: 3 new listings (median asking $384,900), 1 under contract right now. As of October 17, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Bahama Beach
Live MLS inventory for Bahama Beach. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Bahama Beach listings as of 2026-10-18, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Bahama Beach is showing a median price of $355,000 against a year-over-year change of -19.3%, but with only 9 closings in the current window, that swing should be read as a small-sample signal rather than a hard trend line. A handful of closings moves the median more than it would in a deeper market, so pricing here is best confirmed property-by-property, not by the headline number alone.
The market heat score of 30 and median days on market of 49 point to a slower, more negotiated pace than the coastal-boom narrative might suggest. Sellers should price to the current pace rather than to the long-run since-2012 gain of 260%, and buyers have room to negotiate on condition and terms rather than racing a deadline.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Bahama Beach right now
🟡 Off the recent peak. The trailing-12-month median ($355K) is down 2.7% from the prior 12 months ($365K) and up 260% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Bahama Beach market snapshot (as of September 20, 2026): the median sale price is about $355K, and a median 13 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months and up 260% since 2012, computed from record-level CPAR MLS closed sales (3 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.
County records show 32 qualified sales in Bahama Beach across 2024–2025 (19 in 2024, 13 in 2025), median $1.45M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Bahama Beach: of 10 listing addresses checked against the FEMA National Flood Hazard Layer, 70% sit outside the FEMA Special Flood Hazard Area (Zone X); 30% are in a V-series coastal high-hazard zone. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.
Bahama Beach is a community of 744 homes in Panama City Beach, Bay County, built between 1930 and 2024 (median 1994.0), with a median living area of about 2,184 square feet. 13% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Bahama Beach spans homes built from 1930 through 2024, with a median year built of 1993, giving the community a mix of older beach-area construction and more recent builds rather than a single uniform look or era.
The setting & the homes.
Aerial and on-site photos of Bahama Beach. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Bahama BeachPhotos from CPAR MLS listings in Bahama Beach; content deemed reliable but not guaranteed.
Who Bahama Beach is best for.
Best for
- Buyers looking for a Panama City Beach property to hold as a second home or rental, comfortable with a market where most owners do the same.
- Buyers who want room to negotiate on price or terms given the current slower pace and longer time on market.
- Buyers focused on evaluating individual homes on build year and condition rather than on community-wide features.
Probably not for
- Buyers who want built-in amenities like a clubhouse, pool, or gated access as part of the purchase.
- Sellers expecting to price strictly off the long-run since-2012 gain without adjusting for the current market heat score.
- Buyers who need a large, stable comp set to feel confident in a valuation, given the limited recent closings.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($355K) IS the median in the snapshot above, and the move from 2025 ($365K) IS the -2.7% one-year change.
Windows contain 3 to 16 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
8% of homes for sale in Bahama Beach are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-18).
Bahama Beach Market Scorecard
Bahama Beach is currently a balanced market., a median asking price of $1,874,000, and homes go under contract in about 68 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Bahama Beach on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.
The Bahama Beach buying strategy.
If we were buying in Bahama Beach today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bahama Beach.
A market driven by condition and use, not amenities
With a homestead share of 22.5%, a large majority of homes in Bahama Beach are not owner-occupied primary residences, which is typical of Panama City Beach's second-home and rental-driven segment. That ownership pattern matters for buyers: it shapes how homes are maintained, how often they turn over, and how much weight condition carries in the eventual sale price.
No community amenities are currently identified from active MLS listings, so this is a market where the appeal rests on the individual home and its location rather than on a shared clubhouse, pool, or gate. The median living area of 1,771 square feet is a useful baseline, but with the wide build-year range, condition and updates will do more to explain price than square footage alone.
The location and the amenities are priced into every listing in Bahama Beach. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Bahama Beach buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.2). Basis: Long-Term Appreciation +260% since 2012; Recent Direction -2.7% year-over-year; Owner Commitment 13% owner-occupied; Pricing Power 97.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
A small closings window and a homestead share skewed toward non-primary ownership mean the comps here need careful reading, not a quick pull of the last few sales. We track which of those 9 closings are truly comparable, and we price and negotiate Bahama Beach listings against the slower current pace rather than the community's longer-run appreciation history.
Bahama Beach in 15 seconds.
What it really costs to own in Bahama Beach
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $5,157/yr across 22 listings here (MLS tax records, 2026-10-18). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 10 listing addresses checked against the FEMA flood map, 70% sit outside the high-risk zone and 30% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 1996 across 24 listings. An original roof here would be about 30 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Bahama Beach
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Bahama Beach
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Bahama Beach will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Flood & Insurance Context
Of 10 sampled listing addresses in this community: 70% outside the FEMA Special Flood Hazard Area (Zone X/B/C); 30% in a V-series coastal high-hazard zone.
Address-sampled; individual parcels vary - verify any specific address at msc.fema.gov. Check any address at FEMA's Flood Map Service Center, and see average home-insurance costs by Florida county.
Source: FEMA National Flood Hazard Layer, address-level lookups (n=10) · as of 2026-10
Tools for a Bahama Beach buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bahama Beach sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bahama Beach, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bahama Beach home worth?
Get a no-obligation home value based on real comparable sales in Bahama Beach, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City Beach →
Recently off market in Bahama Beach
Homes in Bahama Beach that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.
- 13003 Oleander Drive · off market
- 206 Lantana Street · off market
- 300 Azalea Street · off market
- 502 Wisteria Street · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408, 32413 |
|---|---|
| Homes in the community | 744 (FL DOR 2025 assessment roll) |
| Years built | 1930–2024 (median 1994.0) |
| Typical living area | 2,184 sq ft (median) |
| Home types (current listings and sales) | singlefamilyresidence 67%, attached 25%, triplex 8% |
| Sale prices, last 12 months | $355,000 median across 3 closed sales · -2.7% vs the prior 12 months |
| Days on market (closed sales) | 13 median |
| For sale right now | 8 active, 2 pending · median asking $1,874,000 |
| Owner-occupied (homestead) share | 13% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Bahama Beach key facts,” movewithmomentum.com/neighborhoods/bahama-beach, data as of September 20, 2026.
Housing distress & ownership in Bahama Beach, Panama City Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Just listed in Bahama Beach
The newest homes for sale in Bahama Beach right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 335 Gardenia Street, Panama City Beach, FL 32407 $249,000 · 3 bd · 2 ba · new today Courtesy of Keller Williams Realty Emerald
- 623 Fernwood Street C, Panama City Beach, FL 32407 $788,950 · 4 bd · 4 ba · 3 days on market Courtesy of Pineapple Properties
- 210 Azalea Street, Panama City Beach, FL 32407 $384,900 · 3 bd · 2 ba · 15 days on market Courtesy of 850 Getaway Inc
- 501 Camelia Street, Panama City Beach, FL 32407 $375,000 · 3 bd · 2 ba · 56 days on market Courtesy of Rowe Realty Group LLC
- 13011 Oleander Drive, Panama City Beach, FL 32407 $2,700,000 · 4 bd · 4 ba · 67 days on market Courtesy of LUXE Properties
- 208 Azalea Street, Panama City Beach, FL 32407 $520,000 · 3 bd · 2 ba · 68 days on market Courtesy of Realty One Group Emerald Coast
Checked against the MLS Oct 18, 2026. All new listings in this market.
More Panama City Beach home searches
- All homes for sale in Panama City Beach, FL
- Homes for sale in Bay County, FL
- Homes under $300K in Panama City Beach
- Homes from $300K to $500K in Panama City Beach
- 4-bedroom homes for sale in Panama City Beach
- Panama City Beach home values: what is my house worth?
- ZIP 32407 housing scorecard
- 3 coming-soon communities in Bay County
Frequently Asked Questions
What is the median home price in Bahama Beach?
How long do homes in Bahama Beach take to sell?
How many homes are in Bahama Beach?
What share of Bahama Beach is owner-occupied?
When were the homes in Bahama Beach built?
Have Bahama Beach home prices gone up?
Who is the best real estate agent for Bahama Beach?
How do I find a top Panama City Beach real estate agent who knows Bahama Beach?
Can Momentum Realty connect me with an agent for Bahama Beach?
Where is Bahama Beach, and what county is it in?
Is Bahama Beach in a flood zone?
Should you buy in Bahama Beach?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 18, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32407/32408/32413)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (124 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Bahama Beach fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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More on Bahama Beach
- Home values · What homes in Bahama Beach actually sell for