Emerald Park Condominium in Panama City Beach

Emerald Park
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 · 364 homes for sale in 32408 · Bay County homes for sale

Community in Panama City Beach · Bay County · ZIP 32408
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Photo via CPAR MLS

Built fromLive CPAR MLS dataUpdated twice daily

As of November 2026, Emerald Park Condominium in Panama City Beach, FL has 1 home for sale. As of November 2026, the MLS records 2 closed sales in Emerald Park Condominium in Panama City Beach, FL since 2026, the most recent in August 2026. Across Panama City Beach as a whole, 613 homes closed in the last 12 months at a median of $442,250, 74 median days on market, with 898 homes for sale today. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,430 ($4,940 with the full homestead exemption).

Live · Emerald Park Condominium Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Bay: 15% (434 of 2,840)
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 28, 2026

Emerald Park's median closed price sits at $189,000, and that number is doing a lot of work in a condo market where unit condition and floor level typically drive more of the spread than square footage alone. With only seven closings feeding the current window, this is a market where each sale can move the median meaningfully, so read the price signal as directional rather than precise.

Median days on market of 36 suggests these units are not sitting long once priced correctly, and a year-over-year gain of 21.9% points to buyer demand outpacing what's coming to market. For sellers, that combination argues for pricing to the recent trend rather than last year's comps. For buyers, it means moving with a clear offer strategy rather than testing the market with a lowball.

Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.

The 60-Second Overview

Emerald Park Condominium is a Panama City Beach community where a thin resale pipeline and a firming median price point to a market that rewards buyers and sellers who come prepared rather than those still shopping last year's numbers.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer targeting a lower price point in Panama City Beach and comfortable evaluating each unit on its own condition
  • An investor or second-home buyer watching a market with a rising median and quick recent turnover
  • A buyer who wants to move decisively once a well-priced unit lists, given the current 36-day pace

Probably not for

  • A buyer who wants a documented list of community amenities before making an offer
  • A buyer relying on a large pool of recent comparable sales to validate pricing
  • A buyer expecting price stability rather than a market still moving on a small sample of closings

The market around Emerald Park Condominium

Emerald Park Condominium is too small for its own price trend, so here is the market around it.

In ZIP 32408, 684 homes are on the market and 10% are under contract — a slower corner of Panama City Beach.

Across Bay County, 2,406 homes are active and 434 pending (15% under contract).

In ZIP 32408 (Panama City Beach), 205 homes closed in the last 12 months at a median of $385K, with a median 83 days on market. Right now 389 active and 47 pending listings put supply at about 22.8 months — a soft market. See the live ZIP 32408 housing market and the Bay County market.

ZIP and county figures describe the wider market, not Emerald Park Condominium specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Emerald Park Condominium

Live MLS inventory for Emerald Park Condominium. 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 and pending Emerald Park Condominium listings as of 2026-11-12, 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.

If we were buying in Emerald Park Condominium today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Emerald Park Condominium.

Best Buy
A buyer looking for a lower entry point into Panama City Beach condo ownership without needing new-construction amenities.
Biggest Risk
With only seven recent closings, the median price and trend can swing more than in higher-volume communities.
Sweet Spot
Best suited to a buyer comfortable with condition-driven value rather than uniform, amenity-backed pricing.
Avoid If
Skip this one if you're expecting a defined amenity package as part of the purchase decision.

A Thin Market With a Clear Trend

Seven closings in the trailing window is a small sample, and it means Emerald Park's pricing story is told in a handful of transactions rather than a broad curve. That's typical for a smaller condo association, but it also means a single unit's condition, view, or floor can pull the median in either direction from one quarter to the next.

What's consistent is the direction: a 21.9% year-over-year increase alongside a 36-day median days on market tells a story of a resale supply that hasn't kept pace with buyer interest. No community amenities are currently identified from active MLS listings, so buyers evaluating this property should confirm what's included directly with the association rather than assume standard condo features.

“

The location and the amenities are priced into every listing in Emerald Park Condominium. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with only a handful of recent closings, pricing a unit or structuring an offer takes local transaction history, not a generic comp pull. We track Emerald Park's actual closed sales and days-on-market pattern so our clients aren't pricing off stale data or guessing at what the current 36-day pace really means for their timeline.

Emerald Park Condominium in 15 seconds.

Best forA buyer looking for a lower entry point into Panama City Beach condo ownership without needing new-construction amenities.
Biggest advantageMomentum's tracking of thin-inventory pricing means sharper offers in a market where each closing shifts the median.
Biggest riskWith only seven recent closings, the median price and trend can swing more than in higher-volume communities.
Sweet spotBest suited to a buyer comfortable with condition-driven value rather than uniform, amenity-backed pricing.
Avoid ifSkip this one if you're expecting a defined amenity package as part of the purchase decision.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Emerald Park Condominium sales matched to your home.

What is your Emerald Park Condominium home worth?

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Real comps, not an automated estimate.
A buyer targeting a lower price point in Panama City Beach and comfortable evaluating each unit on its own conditionExcellent fit
An investor or second-home buyer watching a market with a rising median and quick recent turnoverExcellent fit
A buyer who wants to move decisively once a well-priced unit lists, given the current 36-day paceExcellent fit
A buyer who wants a documented list of community amenities before making an offerProbably not
A buyer relying on a large pool of recent comparable sales to validate pricingProbably not
A buyer expecting price stability rather than a market still moving on a small sample of closingsProbably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: November 12, 2026)
Under-contract sharesCPAR MLS records, as of 2026-11-11
Historical depthClosed-sale records back to 2026 (2 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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Housing distress & ownership in Emerald Park Condominium, Panama City Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
2.5%
1 of 40 listings · foreclosure 1
Distress share trend — 2.5% now (2026-09-14 → 2026-11-11)

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 Emerald Park Condominium Right Now (1)

All 1 active and pending Emerald Park Condominium listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Emerald Park with Momentum Realty’s local guides.

Marlin Place0.1 mi away · 1 for saleMimosa Place0.2 mi away · 28 homes, built 2007–19, 2 for salePines (Bay)0.2 mi away · 5 for saleGulf Pines (Bay)0.3 mi awayIsland Reserve0.3 mi away · median $255K, 5 sales/12 moMerglewski Retreats0.3 mi awayGreenwood Acres (Bay)0.4 mi away · 3 for sale

Browse all neighborhood guides →

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