Colony Club
Homes for Sale in Panama City Beach, FL
All 785 homes for sale in Panama City Beach, FL · median $369,000 · 396 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, Colony Club in Panama City Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $450,000, a median 35 days on market, sellers accepting 94% of original asking (-5% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,520 ($5,040 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32407 |
|---|---|
| Homes in the community | 231 (FL DOR 2025 assessment roll) |
| Years built | 1967–2022 (median 1994.0) |
| Typical living area | 2,820 sq ft (median) |
| Sale prices, last 12 months | $450,000 median across 7 closed sales · -4.7% vs the prior 12 months |
| Days on market (closed sales) | 35 median |
| For sale right now | 1 active, 0 pending · median asking $565,999 |
| Owner-occupied (homestead) share | 78% |
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, “Colony Club key facts,” movewithmomentum.com/neighborhoods/colony-club, data as of September 20, 2026.
Last 30 days in Colony Club: 1 new listing (median asking $565,999). As of October 2, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Colony Club right now
🟡 Off the recent peak. The trailing-12-month median ($450K) is down 4.7% from the prior 12 months ($472K) and up 112% 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: Medium (7 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Colony Club market snapshot (as of September 20, 2026): the median sale price is about $450K, and a median 35 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 112% since 2012, computed from record-level CPAR MLS closed sales (7 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 23 qualified sales in Colony Club across 2024–2025 (17 in 2024, 6 in 2025), median $505,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Colony Club is a community of 231 homes in Panama City Beach, Bay County, built between 1967 and 2022 (median 1994.0), with a median living area of about 2,820 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
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 ($450K) IS the median in the snapshot above, and the move from 2025 ($472K) IS the -4.7% one-year change.
Windows contain 3 to 14 sales each (7 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
15% of homes for sale in ZIP 32407 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 (2026-09-23).
Colony Club Market Scorecard
Colony Club is currently a balanced market., a median asking price of $565,999, and homes go under contract in about 20 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.
Housing distress & ownership in Colony Club, 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.
Homes For Sale Right Now in Colony Club
Live MLS inventory for Colony Club. 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 Colony Club listings as of 2026-10-01, 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.
Every Home for Sale in Colony Club Right Now (1)
All 1 active and pending Colony Club listings with a detail page, newest first, refreshed twice a day from the MLS.
- 215 Moonlight Bay Drive, Panama City Beach, Fl 32407 · $565,999 · 3 bd / 3 ba · listed Sep 11, 2026 · listed by Coldwell Banker Realty
The Colony Club buying strategy.
If we were buying in Colony Club 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 Colony Club.
A closer look at the Colony Club market
Homes in Colony Club trade around a median of $450K, where condition and lot do more to set the final number than the asking price does.
The trailing-12-month median down 5% year over year. Homes that do trade take a median 35 days on market, useful leverage on any listing that has lingered.
The housing stock is 231 homes built between 1967 and 2022, and 78% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Colony Club. 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 Colony Club 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 (6.5). Basis: Long-Term Appreciation +112% since 2012; Recent Direction -4.7% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 93.7% sale-to-list. Refreshed with each data update.
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.
Tools for a Colony Club 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 Colony Club sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colony Club, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colony Club home worth?
Get a no-obligation home value based on real comparable sales in Colony Club, 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 Colony Club
Homes in Colony Club 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. 3 on record.
- 105 Shadow Bay Drive · off market
- 111 Twilight Bay Drive · off market
- 331 Moonlight Bay Drive · off market
Frequently Asked Questions
What is the median home price in Colony Club?
How long do homes in Colony Club take to sell?
How many homes are in Colony Club?
What share of Colony Club is owner-occupied?
When were the homes in Colony Club built?
Have Colony Club home prices gone up?
Who is the best real estate agent for Colony Club?
How do I find a top Panama City Beach real estate agent who knows Colony Club?
Can Momentum Realty connect me with an agent for Colony Club?
Where is Colony Club, and what county is it in?
Is Colony Club a good place to live?
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 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 (3 streets, ZIP 32407)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (125 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Colony Club fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Colony Club
- Home values · What homes in Colony Club actually sell for
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