Edgewater Golf Villas
Condos for Sale in Panama City Beach, FL

Edgewater Golf Villas market snapshot (as of September 20, 2026): the median sale price is about $262K, and a median 207 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months and up 155% since 2012, computed from record-level CPAR MLS closed sales (21 closings in the current window).

In ZIP 32407 (Panama City Beach), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.

CPAR sales records identify 16 homes in Edgewater Golf Villas that have changed hands since 2016, built between 1984 and 1996 (median 1987), with a median living area of about 1,254 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 Edgewater Golf Villas: of 22 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.

Edgewater Golf Villas is a small, low-turnover community in Panama City Beach where the name references the villa product itself rather than a documented golf amenity — current MLS listings do not identify community amenities, so buyers should verify any club or course access directly rather than assume it.

With only 28 closings in the current tracked window and a market heat score of 12, this is not a community with competitive bidding or fast absorption. Listings here take time — a median of 174 days on market means sellers need to price to the current environment, not to last year's numbers, and buyers have real room to negotiate on terms, timeline, and condition credits.

The median price of $256,000 sits against a backdrop of a slight year-over-year pullback (-3.2%), which is worth noting without overreacting to — thin markets like this one can swing on a handful of closings. The more reliable signal is the long-term trend: values are up 159% since 2012, which speaks to durability over a longer horizon even as the most recent stretch has been flat to soft.

In a market this thin — 28 closings, a heat score of 12, and no amenities confirmed in current listings — pricing and diligence matter more than usual. We pull the actual closed comps, verify what a listing does and does not include before you write an offer, and set realistic timeline expectations given a median 174-day market.

Listings in this community report association dues of about $1,198 per month ($14,376 a year) — the median AssociationFee across 419 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.