Momentum Housing Data · Home Values · Bay County
Buying here? See Margaritaville Cottages homes for sale and the Margaritaville Cottages community guide (Panama City Beach).
Margaritaville Cottages (Panama City Beach, FL): 8 recorded closings in the 12 months ending 2026-07-28, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 97.5% of original asking; the median sale took 58 days; new construction was 37.5% of recorded sales — builder pricing competes with resales here (window ending 2026-07-28).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $800,000 | — | 58 | 97.5% | 8 |
| 2025 | $520,000 | — | 16 | 100.0% | 21 |
| 2024 | $570,000 | — | 13 | 100.0% | 31 |
| 2023 | $2,346,000 | — | 0 | 100.0% | 20 |
Over the recorded series, Margaritaville Cottages’s median sold price moved from $2,346,000 (2023) to $800,000 (12 months ending 2026-07-28) — -66% over that span, with every year’s figure from recorded closings, not a model.
What actually trades here: 100% single-family residence in the current window.
From the live MLS feed as of 2026-09-02: 16 active listings (plus 0 pending) asking from $545,000 to $3,695,000, median $1,265,000; 10 of 16 have been on the market over 60 days (median 106 days so far); the homes listed or recently sold were built between 2023 and 2024 (median 2023); 16 of 16 listed or recently sold homes report an HOA, median $658/mo; 3 of 16 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 25 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Margaritaville Cottages listings →
At Margaritaville Cottages’s $800,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $9,820 a year in property tax before exemptions, or about $9,340 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Bay County tax page.
The table above is the closed-sale record to price a Margaritaville Cottages home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Margaritaville Cottages are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Bid-A-Wee Beach | $512,000 | — | 100 | 11 |
| Bahama Beach | $355,000 | — | 49 | 9 |
| Fontainebleau Terrace | $145,000 | — | 107 | 11 |
| Ocean Reef | $455,000 | — | 71 | 8 |
More Margaritaville Cottages: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.