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.
124 luxury homes are for sale in Panama City Beach, FL at $1,000,000 and up — median asking $1,548,950, the top listing at $6,295,000. 22% is new construction. Median days on market: 92.
Newest luxury listings in Panama City Beach
The most expensive homes for sale in Panama City Beach
| Listing | Asking | Sq ft | $ / sq ft | Community |
|---|---|---|---|---|
| 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 |
| 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 |
| 14300 Front Beach Road, Panama City Beach, Fl 32413 | $4,500,000 | — | — | Bid A Wee |
| 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 |
| 14328 Front Beach Road, Panama City Beach, Fl 32413 | $3,650,000 | — | — | Bid-A-Wee Beach |
Where the luxury inventory is
| Community | Luxury listings | Median asking |
|---|---|---|
| Laguna Beach | 11 | $1,595,000 |
| Margaritaville Cottages | 10 | $1,754,500 |
| Riviera Beach | 8 | $1,337,000 |
| Carillon Beach | 7 | $2,950,000 |
| Bay Point | 6 | $1,369,500 |
| Rivercamps On Crooked Creek | 6 | $1,250,000 |
| 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 |
| Blue Surf Townhouses | 3 | $1,500,000 |
| Trieste | 3 | $1,250,000 |
Luxury inventory by price
| Band | For sale | Share |
|---|---|---|
| $1,000,000–$1,500,000 | 59 | 48% |
| $1,500,000–$2,000,000 | 30 | 24% |
| $2,000,000–$3,000,000 | 20 | 16% |
| $3,000,000–$5,000,000 | 13 | 10% |
| $5,000,000+ | 2 | 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 September 24, 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 791 homes for sale in Panama City Beach.