Seychelles Resort
Condos for Sale in Panama City, FL
All 253 homes for sale in Panama City, FL · median $349,900 · 232 condos for sale in Panama City · 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, Seychelles Resort Condominium in Panama City, FL has 6 homes for sale and 2 pending, asking from $385,900 to $765,000 (median $432,500). Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $400,000, a median 44 days on market, sellers accepting 96% of original asking (-3% versus the prior year). Homes listed or recently sold were built 2006–2006; 8 of 8 report an HOA (median $790/mo); 7 of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,910 ($4,430 with the full homestead exemption).
Last 30 days in Seychelles Resort: 1 new listing (median asking $465,000), 2 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 Seychelles Resort Condominium
Live MLS inventory for Seychelles Resort Condominium. 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 Seychelles Resort Condominium listings as of 2026-10-17, 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.
Seychelles Resort Condominium is pricing around $400,000 right now, and the year-over-year move is down about 4.8%. That is not a market in free fall, but it is also not a market where sellers can lean on last year's comps. Pair that with a median 44 days on market and a heat score of 45, and you get a picture of a condo market that is soft-to-neutral: buyers have room to negotiate, and pricing has to be current, not aspirational.
For sellers, the read is straightforward: price to today's trend, not to where values were a year ago, and expect the process to take closer to six-plus weeks than a fast turnaround. For buyers, the softer posture is the opening — there is negotiating room on price and terms, and the slower pace means less pressure to waive due diligence just to compete.
Seychelles Resort Condominium right now
🟡 Off the recent peak. The trailing-12-month median ($400K) is down 3.4% from the prior 12 months ($414K) and up 158% 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 (8 and 6 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
Seychelles Resort Condominium market snapshot (as of September 20, 2026): the median sale price is about $400K, and a median 44 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months and up 158% since 2012, computed from record-level CPAR MLS closed sales (8 closings in the current window).
In ZIP 32407 (Panama City), 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 13 homes in Seychelles Resort Condominium that have changed hands since 2016, built between 2006 and 2006 (median 2006), with a median living area of about 883 sq ft and a typical 1-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.
Seychelles Resort Condominium sits in Panama City within Bay County, and the current MLS snapshot shows a mid-$400K median with a modest year-over-year pullback — a market that has cooled slightly rather than one that is heating up.
The setting & the homes.
Aerial and on-site photos of Seychelles Resort Condominium. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Seychelles Resort CondominiumPhotos from CPAR MLS listings in Seychelles Resort Condominium; content deemed reliable but not guaranteed.
Who Seychelles Resort Condominium is best for.
Best for
- A buyer targeting a Panama City condo near the $400,000 range who is comfortable doing amenity and HOA due diligence directly
- A buyer who wants negotiating room and does not need to close on a tight timeline
- A buyer comparing several Bay County condo options and using current pricing trends, not last year's, to set an offer strategy
Probably not for
- A buyer who wants confirmed resort amenities in writing before even touring a unit
- A buyer who needs a fast-moving, competitive-offer market to feel confident about value
- A seller expecting last year's pricing trend to hold in the current listing
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 ($400K) IS the median in the snapshot above, and the move from 2025 ($414K) IS the -3.4% one-year change.
Windows contain 3 to 30 sales each (8 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.
12% of homes for sale in ZIP 32408 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).
Seychelles Resort Condominium Market Scorecard
Seychelles Resort Condominium is currently a balanced market., a median asking price of $405,000, and homes go under contract in about 183 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.
Seychelles Resort Condominium 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 Seychelles Resort Condominium buying strategy.
If we were buying in Seychelles Resort Condominium 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 Seychelles Resort Condominium.
A Condo Market in Cooling Mode
The numbers here point to a market that has lost a little ground over the past year rather than gained it. A median list-to-close window of 44 days suggests these units are not moving in a rush — buyers have time to think, compare, and negotiate, and sellers who price aggressively above the trend risk sitting past that median.
The market heat score of 45 lands in the moderate-to-cool range, consistent with the negative year-over-year figure. This is not a distressed market, but it is one where the leverage has shifted at least partway toward buyers. Current MLS listings do not show confirmed community amenities, so anyone evaluating a specific unit should verify what is actually included — pool, dock, clubhouse, or otherwise — through the condo association documents rather than assuming resort-style features from the name alone.
The location and the amenities are priced into every listing in Seychelles Resort Condominium. 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 Seychelles Resort Condominium 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 3 factors (7.2). Basis: Long-Term Appreciation +158% since 2012; Recent Direction -3.4% year-over-year; Pricing Power 95.7% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condo market that has softened year-over-year, pricing a unit correctly and reading which concessions actually move a deal forward matters more than it would in a hot market. We track the closing data at Seychelles Resort directly rather than relying on assumptions from the property name, and we push for verified amenity and association details before a buyer writes an offer — not after.
Seychelles Resort Condominium in 15 seconds.
What it really costs to own in Seychelles Resort Condos for Sale
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 $3,680/yr across 14 listings here (MLS tax records, 2026-10-18). |
|---|---|
| HOA dues | Median $790/month across 385 MLS listings (most billed quarterly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| 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. |
| Roof and age | Median build year 2006 across 16 listings. An original roof here would be about 20 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. |
Estimated carrying cost at the median asking price, before the mortgage: about $1,257/month (tax $307, HOA $790, insurance $161). An estimate from the sources above, not a quote.
Email me new listings in Seychelles Resort Condos for Sale
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 Seychelles Resort Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Seychelles Resort Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $790/month (about $9,480/yr) · median of 385 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $790 per month ($9,480 a year) — the median AssociationFee across 385 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.
Tools for a Seychelles Resort Condominium 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 Seychelles Resort Condominium sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Seychelles Resort Condominium, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Seychelles Resort Condominium home worth?
Get a no-obligation home value based on real comparable sales in Seychelles Resort Condominium, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Seychelles Resort Condominium
Homes in Seychelles Resort Condominium 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.
- 5115 Gulf Drive 1102 · off market
- 5115 Gulf Drive 202 · off market
- 5115 Gulf Drive 404 · off market
- 5115 Gulf Drive 705 · off market
| Location | Panama City, Bay County, FL · ZIP 32407, 32408, 32413 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Sale prices, last 12 months | $400,000 median across 8 closed sales · -3.4% vs the prior 12 months |
| Days on market (closed sales) | 44 median |
| For sale right now | 7 active, 2 pending · median asking $405,000 |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Seychelles Resort key facts,” movewithmomentum.com/neighborhoods/seychelles-resort-condominium, data as of September 20, 2026.
Housing distress & ownership in Seychelles Resort Condominium, Panama City
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 Seychelles Resort
The newest homes for sale in Seychelles Resort right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 5115 Gulf Drive 1708, Panama City Beach, FL 32408 $465,000 · 1 bd · 2 ba · new today Courtesy of Savvy Avenue LLC
- 5115 Gulf Drive 507, Panama City, FL 32408 $388,000 · 1 bd · 2 ba · 162 days on market Courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida
- 5115 Gulf Drive 409, Panama City, FL 32408 $765,000 · 3 bd · 2 ba · 173 days on market Courtesy of The Premier Property Group
- 5115 Gulf Drive 1403, Panama City, FL 32408 $385,900 · 1 bd · 2 ba · 183 days on market Courtesy of Keller Williams Realty Emerald
- 5115 Gulf Drive 1904, Panama City, FL 32408 $405,000 · 1 bd · 2 ba · 316 days on market Courtesy of Compass Florida, LLC
- 5115 Gulf Drive 2105, Panama City, FL 32408 $460,000 · 1 bd · 2 ba · 420 days on market Courtesy of CENTURY 21 Ryan Realty Inc
Checked against the MLS Oct 18, 2026. All new listings in this market.
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Recent Developments in Seychelles Resort Condominium
Development, infrastructure, retail, and school activity affecting Seychelles Resort Condominium, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Tyndall Air Force Base rebuild continues with about 140 new facilities
WJHG reports Tyndall AFB is rebuilding with roughly 140 new hurricane-resistant facilities after Hurricane Michael in 2018, and now hosts F-35 squadrons. Most current projects are expected to finish by 2027, while other buildings await congressional funding and the work has faced labor and budget constraints.
What it may mean for the marketContinued base construction and F-35 operations sustain military and contractor employment and construction activity in the eastern Bay County area. The site is about 6 miles south of Seychelles Resort Condominium.
Source: WJHG - September 2026Retail & Dining
Panama City meets Houston developer interested in part of Panama City Mall site
Panama City officials met a Houston developer interested in buying a portion of the largely vacant Panama City Mall, owned by Hendon Properties, with a retail focus. Discussions covered rezoning, possible CRA participation and plan submittal. The mayor called the FDOT US 231 widening, planned to six lanes from US 98 to SR 20, the biggest holdup.
What it may mean for the marketPossible retail redevelopment of a large vacant site could add shopping options near the US 231 corridor, with timing tied to road widening and rezoning. The site is about 5 miles northwest of Seychelles Resort Condominium.
Source: WJHG - August 2026Development
Deal reached to redevelop historic Panama City Grammar School into apartments and townhomes
Panama City reached a deal for developer Zachary Seymour to buy the 1914 Panama City Grammar School on East Seventh Street and convert it to apartments and townhomes. The city would waive about $375,000 in code fines and a $100,000 CRA grant is pending approval. Seymour has one year to finish structural repairs to roofs, windows and doors.
What it may mean for the marketReuse of a vacant historic building would add downtown-area residential units and remove a long-standing vacant property. The site is about 3 miles west of Seychelles Resort Condominium.
Source: WJHG - August 2026Infrastructure
HCA Florida Gulf Coast Hospital announces $125 million expansion
HCA Florida Gulf Coast Hospital announced a $125 million expansion on its 23rd Street campus, including a new patient tower with 34 additional beds, a 16-bed orthopedic and spine unit, a fourth cath lab, an expanded women's center and a 5,000-square-foot outpatient entrance expansion. The project is in design, with construction of 24 to 36 months and completion targeted for 2029.
What it may mean for the marketAdded hospital capacity and specialty services would improve local healthcare access and add medical-sector employment along the 23rd Street corridor. The site is about 5 miles west of Seychelles Resort Condominium.
Source: WJHG - August 2026Infrastructure
Bay County approves $13.5 million water treatment plant expansion
Bay County commissioners approved a $13.5 million contract with NCMC Construction to add three large sand filters (30 by 50 feet each) to the county water treatment plant, which now runs 11 filters. Construction is expected to start soon and take about a year, and officials say water bills should not rise because of it.
What it may mean for the marketAdded filtration and backup capacity supports water service reliability for a county where demand has more than doubled in 15 years. The site is about 7 miles north of Seychelles Resort Condominium.
Source: WJHG - July 2026Civic
Panama City approves 12-month moratorium on AI data centers
Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.
What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The site is about 4 miles west of Seychelles Resort Condominium.
Source: WJHG News Channel 7
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Seychelles Resort Condominium?
How long do homes in Seychelles Resort Condominium take to sell?
Have Seychelles Resort Condominium home prices gone up?
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How do I find a top Panama City real estate agent who knows Seychelles Resort Condominium?
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Where is Seychelles Resort, and what county is it in?
Should you buy in Seychelles Resort Condominium?
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 17, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (209 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.
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