Aqua
Condos for Sale in Panama City Beach, FL
All 726 homes for sale in Panama City Beach, FL · median $369,000 · 686 condos for sale in Panama City Beach · 667 homes for sale in 32413 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Aqua in Panama City Beach, FL has 12 homes for sale and 2 pending, asking from $564,000 to $1,190,000 (median $704,500). Over the 12 months ending 2026-11-11, 4 recorded sales closed at a median of $907,450, a median 11 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 2007–2007; 14 of 14 report an HOA (median $776/mo); 12 of the 13 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $11,140 ($10,660 with the full homestead exemption).
Last 30 days in Aqua: 3 new listings (median asking $637,000), 2 under contract right now. As of November 11, 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 Aqua
Live MLS inventory for Aqua. 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 · 53 daysTop listing
Active · 2 days
Active · 45 days
Active · 106 days
Active · 189 days
Active · 181 days
Active · 53 days
Active · 0 days
Active · 198 days
Active · 1 days
Active · 534 days
Active · 252 daysActive and pending Aqua listings as of 2026-11-11, 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.
Aqua's numbers describe a market that is holding value rather than chasing it. The median price sits at $637,500 with no year-over-year movement, and homes are taking roughly 100 days to close — a pace that rewards patience over urgency on both sides of a transaction.
With only 8 closings in the current window, this is a thin-data community: a single high or low sale can shift the median meaningfully. Treat the price point as a directional signal, not a precise valuation, and lean on comparable-unit specifics rather than the community average when pricing or offering.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Aqua right now
🟢 Buyer-leaning market. 36.0 months of supply and 14% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of CPAR MLS records, as of November 11, 2026. Confidence: High (14 active and pending listings, 4 closed sales in 12 months).
What's unique here: the median sale price is about 3x the typical Bay County sale ($907K vs $345K, trailing 12 months, CPAR MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 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
Aqua market snapshot (as of November 11, 2026): the median sale price is about $907K, a median 11 days on market for closed sales, and 36.0 months of supply, a buyer-leaning market.
In ZIP 32413 (Panama City Beach), 262 homes closed in the last 12 months at a median of $499K, with a median 71 days on market. Right now 336 active and 61 pending listings put supply at about 15.4 months — a soft market. See the live ZIP 32413 housing market and the Bay County market.
CPAR sales records identify 32 homes in Aqua that have changed hands since 2007, built between 2007 and 2007 (median 2007), with a median living area of about 1,368 sq ft and a typical 2-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.
Flood zones in Aqua: of 9 listing addresses checked against the FEMA National Flood Hazard Layer, 100% are in a V-series coastal high-hazard zone. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.
Aqua is a Panama City Beach community in Bay County where prices have climbed 63% since 2012, but the current market heat score of 25 signals a slow, buyer-patient stretch rather than competitive bidding.
The setting & the homes.
Aerial and on-site photos of Aqua. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
AquaAquaAquaAquaAquaAquaAquaAquaPhotos from CPAR MLS listings in Aqua; content deemed reliable but not guaranteed.
Who Aqua is best for.
Best for
- Buyers who can move without a deadline and want negotiating room built into the timeline
- Buyers focused on long-term hold potential who are comfortable with a flat year-over-year snapshot
- Buyers willing to verify unit-level features and amenities directly rather than rely on community-wide claims
Probably not for
- Buyers who need a fast close in a low-heat, 100-day-average market
- Buyers who want a large comparable-sales pool to lean on before pricing an offer
- Buyers who require confirmed on-site amenities as a condition of the purchase
Aqua 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 Aqua buying strategy.
If we were buying in Aqua 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Aqua.
A market priced on condition, not competition
A market heat score of 25 combined with a 100-day median days-on-market tells the real story here: listings are not moving on urgency, they are moving on merit. Buyers have room to inspect, negotiate, and wait for the right unit rather than compete for the first one available.
The long-run appreciation figure — up 63% since 2012 — shows this is not a community that has stalled, it is one that has simply leveled off after a sustained run. Flat year-over-year pricing at this stage reads as consolidation, not weakness. No community amenities are listed in current MLS data, so any recreational or building features should be verified unit-by-unit rather than assumed from the community name.
The location and the amenities are priced into every listing in Aqua. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With only 8 closings feeding the current snapshot and no amenities confirmed in MLS records, this is a community where the fine print matters more than the headline number. We pull the actual comparable sales, verify what each listing does and does not include, and price against real closed data instead of a thin, easily-skewed average.
Aqua in 15 seconds.
Tools for a Aqua 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 Aqua sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Aqua, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Aqua home worth?
Get a no-obligation home value based on real comparable sales in Aqua, 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 Aqua
Homes in Aqua 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. 9 on record.
- 15625 Front Beach Road 1003 · off market
- 15625 Front Beach Road 1404 · off market
- 15625 Front Beach Road 1410 · off market
- 15625 Front Beach Road 1411 · off market
- 15625 Front Beach Road 1602 · off market
- 15625 Front Beach Road 1802 · off market
- 15625 Front Beach Road 2005 · off market
- 15625 Front Beach Road 2011 · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32413 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Sale prices, last 12 months | $907,450 median across 4 closed sales |
| Days on market (closed sales) | 11 median |
| For sale right now | 12 active, 2 pending · median asking $704,500 · 36.0 months of supply |
Data as of November 11, 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, “Aqua key facts,” movewithmomentum.com/neighborhoods/aqua--bay, data as of November 11, 2026.
Housing distress & ownership in Aqua, Panama City Beach
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.
Every Home for Sale in Aqua Bay Right Now (14)
All 14 active and pending Aqua Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 15625 Front Beach Road 1008, Panama City Beach, Fl 32413 · $625,000 · 1 bd / 2 ba · listed Nov 9, 2026 · listed by MJH Real Estate Brokerage, LLC
- 15625 Front Beach Road 1405, Panama City Beach, Fl 32413 · $637,000 · 2 bd / 2 ba · listed Nov 6, 2026 · listed by Counts Real Estate Group Inc
- 15625 Front Beach Road 803, Panama City Beach, Fl 32413 · $1,149,500 · 3 bd / 3 ba · listed Sep 22, 2026 · listed by Hilltop Legacy Realty
- 15625 Front Beach Road 1603, Panama City Beach, Fl 32413 · $1,190,000 · 3 bd / 3 ba · listed Sep 11, 2026 · listed by MJH Real Estate Brokerage, LLC
- 15625 Front Beach Road 2305, Panama City Beach, Fl 32413 · $675,000 · 2 bd / 2 ba · listed Sep 11, 2026 · listed by On The Coast Real Estate Group
- 15625 Front Beach Road 1002, Panama City Beach, Fl 32413 · $1,149,000 · 3 bd / 3 ba · listed Sep 10, 2026 · listed by Think Real Estate
- 15625 Front Beach Road 2109, Panama City Beach, Fl 32413 · $989,000 · 3 bd / 3 ba · pending · listed Sep 8, 2026 · listed by MJH Real Estate Brokerage, LLC
- 15625 Front Beach Road 111, Panama City Beach, Fl 32413 · $769,000 · 2 bd / 2 ba · listed Aug 20, 2026 · listed by Think Real Estate
- 15625 Front Beach Road 1507, Panama City Beach, Fl 32413 · $759,000 · 2 bd / 2 ba · listed Aug 13, 2026 · listed by MJH Real Estate Brokerage, LLC
- 15625 Front Beach Road 1004, Panama City Beach, Fl 32413 · $734,000 · 2 bd / 2 ba · listed Aug 13, 2026 · listed by Corcoran Reverie
- 15625 Front Beach Road 1708, Panama City Beach, Fl 32413 · $630,000 · 1 bd / 2 ba · listed Aug 13, 2026 · listed by Counts Real Estate Group Inc
- 15625 Front Beach Road 1208, Panama City Beach, Fl 32413 · $594,000 · 1 bd / 2 ba · listed Aug 13, 2026 · listed by MJH Real Estate Brokerage, LLC
- 15625 Front Beach Road 2006, Panama City Beach, Fl 32413 · $564,000 · 1 bd / 2 ba · listed Aug 13, 2026 · listed by The Premier Property Group
- 15625 Front Beach Road 1706, Panama City Beach, Fl 32413 · $549,000 · 1 bd / 2 ba · pending · listed Aug 13, 2026 · listed by Berkshire Hathaway HomeServices Beach Properties of Florida
More Panama City Beach home searches
- All homes for sale in Panama City Beach, FL
- Homes for sale in Bay County, FL
- Homes under $300K in Panama City Beach
- Panama City Beach home values: what is my house worth?
- ZIP 32413 housing scorecard
- 5 coming-soon communities in Bay County
Panama City Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Home insurance cost
- New construction
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Recent Developments in Aqua Bay
Development, infrastructure, retail, and school activity affecting Aqua Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- 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 project is about 13 miles east of Aqua Bay, elsewhere in Bay County.
Source: WJHG - September 2026Development
Panama City Beach council upholds approval of Palmhaven development on Front Beach Road
The Panama City Beach City Council voted to uphold the Planning Board approval of Palmhaven, about 160 homes by Fischer Homes at 12610 Front Beach Road, with added conditions. The developer must build a multi-use trail, public park area and 40 public golf cart parking spaces, and a final development order is required before construction.
What it may mean for the marketAdds roughly 160 homes of new housing supply on the west Front Beach Road corridor, along with a new public park, trail and parking amenities. The site is about 5 miles east of Aqua Bay.
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 project is about 12 miles east of Aqua Bay, elsewhere in Bay County.
Source: WJHG - July 2026Parks & Amenities
Panama City Beach approves $1.25 million to rehabilitate Conservation Park boardwalks
The Panama City Beach city council approved a budget of $1.25 million to rehabilitate more than one mile of boardwalks at Conservation Park. The funding covers rehabilitation of the park's boardwalk system.
What it may mean for the marketInvestment in Conservation Park boardwalks upgrades a recreational amenity in Panama City Beach. The project is about 7 miles north of Aqua Bay, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Retail & Dining
New retailers open at Watersound Town Center as construction continues
Watersound Town Center in the Panama City Beach area reported new store openings including FP Movement, Hemline, Monkee's, and Sunset Shoes and Lifestyles, with Johnnie-O expected later in the summer. St. Joe said two additional buildings are planned to break ground this year at the center.
What it may mean for the marketGrowing retail and dining space plus additional buildings expand the commercial center along the State Road 79 corridor. The project is about 13 miles northwest of Aqua Bay, elsewhere in Bay County.
Source: The St. Joe Company - June 2026Infrastructure
Panama City moves downtown marina slip construction to bid, ends City Marina Partners deal
Panama City put the first 50 boat slips at the Downtown Marina out for contractor bids, with construction expected to begin shortly after a contract is awarded and the bid window closing June 16. Commissioners also ended their working relationship with City Marina Partners and budgeted payment for work already completed.
What it may mean for the marketProgress on downtown marina slip construction advances waterfront infrastructure in the Panama City core. The project is about 13 miles east of Aqua Bay, elsewhere in Bay County.
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.
14% of homes for sale in Aqua 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 (2026-11-12).
What it really costs to own in Aqua
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 $6,739/yr across 20 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | Median $776/month across 18 MLS listings (most billed monthly; 2026-11-12). 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. Flood: of 9 listing addresses checked against the FEMA flood map, 0% sit outside the high-risk zone and 100% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2007 across 28 listings. An original roof here would be about 19 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 $1,498/month (tax $562, HOA $776, insurance $161). An estimate from the sources above, not a quote.
Email me new listings in Aqua
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 Aqua Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Aqua Condos for Sale will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Aqua?
How long do homes in Aqua take to sell?
Is Aqua a buyer's or seller's market right now?
Who is the best real estate agent for Aqua?
How do I find a top Panama City Beach real estate agent who knows Aqua?
Can Momentum Realty connect me with an agent for Aqua?
Where is Aqua, and what county is it in?
Should you buy in Aqua?
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: November 11, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending November 11, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (4 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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