Edgewater Tower
Condos for Sale in Panama City Beach, FL

Edgewater Tower market snapshot (as of September 20, 2026): the median sale price is about $520K, and a median 118 days on market for closed sales. The trailing-12-month median is down 0% from the prior 12 months and up 128% since 2012, computed from record-level CPAR MLS closed sales (7 closings in the current window).

In ZIP 32401 (Panama City Beach), 337 homes closed in the last 12 months at a median of $307K, up 0.5% year over year, with a median 62 days on market. Right now 166 active and 29 pending listings — a buyer's market. See the live ZIP 32401 housing market and the Bay County market.

CPAR sales records identify 78 homes in Edgewater Tower that have changed hands since 2006, built between 1985 and 1991 (median 1985), with a median living area of about 1,317 sq ft and a typical 2-bedroom, 2-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.

Flood zones in Edgewater Tower: of 37 listing addresses checked against the FEMA National Flood Hazard Layer, 51% sit outside the FEMA Special Flood Hazard Area (Zone X); 49% 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.

Edgewater Tower is a condo building in Panama City Beach, Bay County, where current MLS listings show no identified community amenities — meaning any pool, gym, or common space is either building-specific and unlisted or simply not part of the current inventory description. That makes the unit itself, not shared features, the main basis for comparison here.

A median of 210 days on market is the number that matters most at Edgewater Tower. That is not a building moving in a normal seasonal rhythm — it is one where pricing expectations and buyer interest are still finding each other. Combined with a market heat score of 15, the picture is consistent: low competitive pressure, few multiple-offer scenarios, and room for buyers to negotiate on price or concessions rather than chase a deadline.

The 4.7% year-over-year decline should be read against the 123% gain since 2012. Short-term, the building is cooling from wherever its recent peak was. Long-term, it has been one of the more substantial appreciators in the area's history. Neither number cancels the other — together they describe a market correcting off a strong run, not one in structural decline.

With only 14 recent closings and a median-price stretch of 210 days, pricing an offer or a listing at Edgewater Tower takes more than pulling a comp sheet — it takes knowing which of those 14 sales are actually representative. We track this building closely enough to tell you when a listing is priced to the current 210-day reality versus priced to hope.

Listings in this community report association dues of about $1,601 per month ($19,212 a year) — the median AssociationFee across 957 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, 2026-10.

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