Condo Communities in Bay County, FL

Looking for condo communities in Bay County, FL? Momentum Realty tracks 63 Bay County communities with evidence of condominium living, each with MLS-derived pricing and market pace below — plus the local questions worth asking before you buy, and a direct line to an agent who works these communities.

Bay County condo communities at a glance

Communities tracked

$385,000

Median sale price

105 days

Median days on market

731

Recent closings

The communities, by recent sales activity

Community	City	Median price	1-yr change	Days on mkt
Laketown Wharf · agent	Panama City Beach	$299,900	-4.8%	110 d
Shores Of Panama · agent	Panama City Beach	$344,450	+1.3%	93.0 d
Calypso Towers · agent	Panama City Beach	$535,000	+11.5%	117 d
Tidewater Beach · agent	Panama City Beach	$417,500	-4.0%	70.5 d
Edgewater Golf Villas · agent	Panama City Beach	$256,000	-3.2%	174.0 d
Pinnacle Port · agent	Panama City Beach	$350,000	-30.0%	63 d
Origin At Seahaven · agent	Panama City Beach	$252,400	-21.7%	99 d
Regency Towers · agent	Panama City Beach	$430,000	-2.6%	85.5 d
Grand Panama Beach Resort · agent	Panama City Beach	$415,000	-26.4%	129 d
Majestic Beach Tower · agent	Panama City Beach	$437,000	-27.0%	51 d
Sunrise Beach · agent	Panama City Beach	$535,000	-4.9%	57 d
Horizon South · agent	Panama City Beach	$222,000	-14.6%	62.0 d
Long Beach Towers · agent	Panama City Beach	$559,000	+17.8%	80 d
Summit · agent	Panama City Beach	$300,000	+3.0%	43 d
Edgewater Tower · agent	Panama City Beach	$510,000	-4.7%	210.0 d
Sunbird Condo · agent	Panama City Beach	$320,000	+1.6%	121.0 d
Top Of The Gulf Condo. · agent	Panama City Beach	$219,900	-4.4%	66 d
Boardwalk Central · agent	Panama City Beach	$600,000	+9.6%	132 d
Sugar Beach Condo · agent	Panama City Beach	$340,000	+13.3%	87 d
Emerald Beach Resort · agent	Panama City Beach	$442,500	-10.1%	138 d
Portside Condo · agent	Panama City Beach	$260,000	-8.8%	77.5 d
Dunes Of Panama · agent	Panama City Beach	$457,542	-4.1%	19.5 d
Splash Condo · agent	Panama City Beach	$470,000	-4.1%	63.0 d
Fontainebleau Terrace · agent	Panama City Beach	$145,000	–	107 d
The Summit · agent	Panama City Beach	$285,000	-4.0%	177 d

Communities are listed by recent closing volume in Momentum’s MLS data. Figures are aggregates, change over time, and are deemed reliable but not guaranteed.

Every other tracked condo communities in Bay County

Condo buying in Florida after the milestone-inspection era

Since Florida’s post-Surfside condo-safety laws took effect, buildings three stories and taller face milestone structural inspections (at 30 years, or 25 near the coast) and must fund reserves through a Structural Integrity Reserve Study — ending the era of waived reserves. For buyers this cuts both ways: safer buildings, but rising fees and special assessments in buildings catching up. Before you offer, request the milestone inspection report, the SIRS, the budget, and the last two years of minutes; ask directly whether any special assessment is levied, planned, or discussed. A low price in an older coastal building often has an assessment attached to it.

Fees, financing and what the association controls

Condo fees fund insurance on the structure, reserves, and amenities — get the fee history, not just the current number. Financing is building-specific: lenders review budgets, reserves, owner-occupancy and litigation, and some buildings are unwarrantable for conventional loans. Our buyer closing costs calculator models the full monthly cost with dues included.

What it costs to own here

At Bay County’s typical combined millage of 12.28 mills, a purchase at $385,000 (the median across these condo communities) generates roughly $4,726 a year in property tax before exemptions — about $394 a month. Florida resets the assessed value to roughly your purchase price, so the seller’s current bill is not a preview of yours; a homesteaded owner then gets the $25,000–$50,000 exemption and the 3% Save Our Homes cap going forward. Citizens Property Insurance policies in Bay County average about $1,928 a year ($161 a month) — private-market quotes vary with roof age and wind mitigation, so price coverage before your inspection window closes. All-in, our county model puts the typical monthly cost of ownership in Bay County near $2,070 (principal and interest on the typical home, tax, and insurance).

Run your exact numbers: the property tax after purchase calculator uses Bay County’s verified millage, and the buyer closing costs calculator builds the full cash-to-close.

Demand and supply in Bay County right now

In the most recent IRS migration data (2022-2023), Bay County gained a net 4,173 people to relocation, with the largest inbound flows from GA, AL, TX. Households moving IN reported average incomes of $74,894 versus $61,073 for those leaving — the income mix of demand, straight from tax filings. Population is up about -0.6% over the recent multi-year window. On the supply side, builders pulled 2,072 residential permits in Bay County in 2025 (1,685 single-family), down 16.2% year over year — against 2,610 at the 2021 peak. Permits are tomorrow’s inventory: a shrinking pipeline supports prices, a swelling one hands buyers leverage. Our valuation model reads the county as undervalued by about 0.1% versus its income-and-rent fundamentals.

The Bay County market, in context

Bay County is Panama City and Panama City Beach — the Panhandle's tourism powerhouse, with white-sand Gulf beaches, a deep military presence at Tyndall Air Force Base, and a St. Joe-led building boom. It is rebuilding and growing strongly after Hurricane Michael reshaped the area in 2018.

The economy behind the market: {'drivers': 'tourism, the military (Tyndall AFB, Naval Surface Warfare Center), and real-estate development (St. Joe)', 'summary': "Bay County's economy runs on tourism — Panama City Beach draws millions for its sugar-white sand — and on the military, with Tyndall Air Force Base (mid-way through a multibillion-dollar 'Installation of the Future' rebuild) and the Naval Surface Warfare Center Panama City among the largest employers. The St. Joe Company, Florida's largest private landowner, drives much of the region's residential and commercial development.", 'employers': ['Tyndall Air Force Base (U.S. Air Force)', 'Naval Surface Warfare Center Panama City', 'The St. Joe Company', 'HCA Florida Gulf Coast Hospital', 'Ascension Sacred Heart', 'Bay District Schools', 'Gulf Coast State College'], 'jobNote': "Tyndall AFB is undergoing a multibillion-dollar 'Installation of the Future' rebuild after Hurricane Michael; The St. Joe Company is Florida's largest private landowner."}

What could change it: Bay County's defining risk is hurricane and storm surge — Category 5 Hurricane Michael devastated the area in 2018, and recovery and rebuilding (and the resulting insurance market) still shape the county. Beachfront and bayfront carry the highest surge-and-insurance exposure; inland mainland areas are more affordable and somewhat lower-risk. Tourism cyclicality is a secondary factor.

Near-term outlook: Expect Bay County to keep growing over the next 12 months as the Tyndall rebuild, St. Joe development, and beach tourism drive demand, with the mainland offering value and rebuild upside and the beaches the most liquid at the top — coastal insurance the main brake.

Run the numbers in Bay County

Explore more Florida communities

Common questions

How many condo communities does Bay County, FL have?

Momentum Realty currently tracks 63 communities in Bay County with evidence of condominium living in MLS or verified amenity records. Others exist; these are the ones with active market data.

What do homes in Bay County condo communities cost?

The median sale price across tracked condo communities in Bay County is about $385,000, and it varies widely by community. Use the table above for community-level medians.

How does Momentum classify a community as one of the condo communities?

A community appears here when we find a majority of the community’s MLS-recorded listings carrying a condominium property type. We do not guess from names alone. Verify any specific amenity or restriction with the association before you rely on it.

Can Momentum connect me with an agent for these communities?

Yes. Momentum serves Bay County and matches you with an agent who works these specific communities. Matching is free and no-obligation.

How much is home insurance in Bay County?

Citizens Property Insurance policies in Bay County average about $1,928 a year, per Citizens filings. Private quotes vary widely with roof age, construction and wind mitigation - a wind-mitigation inspection often unlocks meaningful credits.

What are property taxes like in Bay County?

Typical combined millage in Bay County is about 12.28 mills - roughly 1.23% of assessed value a year before exemptions. Florida resets assessed value to about your purchase price when you buy, then homestead exemptions and the 3% Save Our Homes cap apply.

Community classifications are compiled from MLS-reported amenities, verified amenity records and MLS build-year data, as of 2026-09-11; they are informational, change over time, and are deemed reliable but not guaranteed — verify details with each association. Not an offer of housing to any protected class to the exclusion of others. Equal Housing Opportunity.