Luxury Homes for Sale in Panama City Beach, FL
The luxury market in Panama City Beach starts at $1,000,000. This page is every active listing at that level, refreshed nightly from the MLS, with what has actually closed, where the inventory sits and how long it takes to sell. For the wider picture see luxury communities in Bay County.
129 luxury homes are for sale in Panama City Beach, FL at $1,000,000 and up — median asking $1,500,000, the top listing at $15,900,000. 22% is new construction. Median days on market: 101.
Newest luxury listings in Panama City Beach
The most expensive homes for sale in Panama City Beach
| Listing | Asking | Sq ft | $ / sq ft | Community |
|---|---|---|---|---|
| 274 Beachside Drive, Panama City Beach, Fl 32413 | $15,900,000 | — | — | Carillon Beach |
| 13401 Oleander Drive, Panama City Beach, Fl 32407 | $6,295,000 | — | — | Bahama Beach |
| 21523 Front Beach Road, Panama City Beach, Fl 32413 | $5,700,000 | — | — | Riviera Beach |
| 86 N Charles Street | $4,750,000 | — | — | — |
| 157 Parkshore Drive, Panama City Beach, Fl 32413 | $4,750,000 | — | — | Carillon Beach |
| 515 Beachside Gardens, Panama City Beach, Fl 32413 | $4,750,000 | — | — | Carillon Beach |
| 19989 Front Beach Rd. #B, Panama City Beach, Fl 32413 | $4,350,000 | — | — | Laguna Beach |
| 19706 Front Beach Road, Panama City Beach, Fl 32413 | $4,195,000 | — | — | Laguna Beach |
| 202 Parkshore Court, Panama City Beach, Fl 32413 | $3,975,000 | — | — | Carillon Beach |
| 13657 Front Beach Road, Panama City Beach, Fl 32413 | $3,695,000 | — | — | Margaritaville Cottages |
Where the luxury inventory is
| Community | Luxury listings | Median asking |
|---|---|---|
| Margaritaville Cottages | 10 | $1,754,500 |
| Laguna Beach | 9 | $1,650,000 |
| Riviera Beach | 8 | $1,337,000 |
| Rivercamps On Crooked Creek | 7 | $1,225,000 |
| Carillon Beach | 7 | $3,975,000 |
| Bay Point | 6 | $1,369,500 |
| Hollywood Beach | 4 | $1,525,000 |
| Bahama Beach | 4 | $2,850,000 |
| Wild Heron | 3 | $1,995,000 |
| Bid A Wee | 3 | $2,850,000 |
| Santa Monica Beach | 3 | $1,295,000 |
| Blue Surf Townhouses | 3 | $1,500,000 |
Luxury inventory by price
| Band | For sale | Share |
|---|---|---|
| $1,000,000–$1,500,000 | 63 | 49% |
| $1,500,000–$2,000,000 | 28 | 22% |
| $2,000,000–$3,000,000 | 21 | 16% |
| $3,000,000–$5,000,000 | 14 | 11% |
| $5,000,000+ | 3 | 2% |
How to read this
Luxury is defined here as asking prices at or above $1,000,000. Counts, medians and closings come from active and closed MLS listings as of October 13, 2026; closings are the trailing 12 months. Listings appear courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. See also all 737 homes for sale in Panama City Beach.