Leisure #1 Condo
Homes for Sale in Panama City Beach, FL
True comps, carrying-cost math, and listings before the portals.
The number that matters most here is 196 days — the median time on market before a contract at Leisure #1 Condo. That is a slow clearing rate for a condo building, and with only 5 closings in the current window, this is a thin-data market where any single sale can move the median significantly. A $170,000 median price reflects a small, specific slice of inventory rather than a broad, liquid market.
For sellers, the posture here is patience. Pricing has to be realistic from listing day one because there is not enough transaction volume to correct a misstep quickly. For buyers, the long DOM figure suggests less competitive pressure and more room to negotiate on price and terms, provided you are comfortable with a building that trades infrequently.
The 60-Second Overview
Leisure #1 Condo market snapshot (as of July 28, 2026): the median sale price is about $170K, and a median 196 days on market for closed sales.
Leisure #1 Condo is a small condo association in Panama City Beach where sales activity is limited enough that pricing and timeline expectations should be set on a unit-by-unit basis rather than assumed from broader market trends.
Who Leisure #1 Condo is best for.
Best for
- A buyer targeting a lower price point in Panama City Beach who is comfortable with limited comparable sales data.
- An investor or owner willing to do independent due diligence on condo association details not listed in current MLS data.
- A buyer with flexible timing who can wait through a longer marketing period without pressure to close fast.
Probably not for
- A buyer who wants a large pool of recent comparable sales to benchmark against.
- Anyone assuming standard condo amenities like a pool or clubhouse without confirming directly with the association.
- A buyer on a tight closing timeline who needs a fast, competitive transaction.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 28 of each year, from record-level cpar closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($170K) IS the median in the snapshot above.
Windows contain 1 to 7 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
The Leisure #1 Condo buying strategy.
If we were buying in Leisure #1 Condo 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Leisure #1 Condo.
A thin market by design
With just 5 closings in the current window, Leisure #1 Condo does not generate the transaction volume of larger complexes nearby. That is not necessarily a flaw — some buildings simply turn over slowly — but it does mean the median price of $170,000 and the 196-day median DOM should be read as directional signals, not statistical certainties. A single unit closing at an unusual price or condition can shift both numbers noticeably.
No community amenities are identified from current MLS listings, which means buyers should verify directly what the association offers — pool, storage, parking, or otherwise — rather than assuming standard condo features. This is a building where due diligence on the condo docs, association financials, and unit condition carries more weight than in higher-volume communities where comparable sales are easy to find.
The location and the amenities are priced into every listing in Leisure #1 Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume building like this, pricing a listing or evaluating an offer requires pulling comparables from a wider radius and reading between the lines of a thin sales history. We do that work directly, and we tell clients plainly when the data supports a number and when it is a judgment call.
Leisure #1 Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Leisure #1 Condo 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 Leisure #1 Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Leisure #1 Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Leisure #1 Condo home worth?
Get a no-obligation home value based on real comparable sales in Leisure #1 Condo, 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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Frequently Asked Questions
What is the median home price in Leisure #1 Condo?
How long do homes in Leisure #1 Condo take to sell?
Who is the best real estate agent for Leisure #1 Condo?
How do I find a top Panama City Beach real estate agent who knows Leisure #1 Condo?
Can Momentum Realty connect me with an agent for Leisure #1 Condo?
Should you buy in Leisure #1 Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | cpar closed sales, 12-month windows ending July 28, 2026 |
| Historical depth | Closed-sale records back to 2012 (53 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 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the cpar member average and 8 days faster, and we’ll price yours against live your area comps.
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