Marina Bay
Condos for Sale in Panama City, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, Marina Bay Condo in Panama City, FL has 4 homes for sale, asking from $425,000 to $675,000 (median $439,500). Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $425,000, a median 46 days on market, sellers accepting 97% of original asking (-9% versus the prior year). Homes listed or recently sold were built 2001–2001; 4 of 4 report an HOA (median $619/mo); 4 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,220 ($4,730 with the full homestead exemption).
Homes For Sale Right Now in Marina Bay Condo
Live MLS inventory for Marina Bay Condo. 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 Marina Bay Condo listings as of 2026-09-12, 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.
Marina Bay Condo is a single-vintage building — every unit on record was built in 2001 — so the pricing story here is about condition and updates within a consistent floor plan era, not a mix of old and new construction. The median price of $425,000 reflects a fairly uniform product: similar square footage, similar age, similar systems, which narrows the usual spread you see in more varied condo stock.
Median days on market sits at 46, which points to a measured pace rather than a rush. With 77 homes tracked in the current snapshot, there's enough inventory turnover for buyers to compare units and for sellers to need a clean listing — updated finishes and a fair asking price still do the work of moving a unit inside that window.
Marina Bay Condo right now
🔴 Off the recent peak. The trailing-12-month median ($425K) is down 9.4% from the prior 12 months ($469K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 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
Marina Bay Condo market snapshot (as of September 12, 2026): the median sale price is about $425K, and a median 46 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level CPAR MLS closed sales (3 closings in the current window).
Marina Bay Condo is a 2001-built community in Panama City with a median living area of 1,525 square feet, giving buyers a consistent unit size to plan around rather than a wide range of layouts.
The setting & the homes.
Aerial and on-site photos of Marina Bay Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Marina Bay Condo
Marina Bay Condo
Marina Bay Condo
Marina Bay CondoPhotos from CPAR MLS listings in Marina Bay Condo; content deemed reliable but not guaranteed.
Who Marina Bay Condo is best for.
Best for
- Buyers who want the predictability of a single build-year condo and are comfortable evaluating unit-by-unit condition rather than era.
- Buyers targeting a purchase near the $425,000 median who want a straightforward, non-renovated-to-luxury comparison set.
- Investors or second-home buyers comfortable with a building where roughly half the units are non-homestead.
Probably not for
- Buyers who need confirmed on-site amenities like a pool, fitness room, or clubhouse spelled out before they'll consider a building.
- Buyers wanting a wide range of unit ages or architectural styles to choose from within one community.
- Buyers expecting a fast, high-volume turnover market rather than a median 46-day sales pace.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($425K) IS the median in the snapshot above, and the move from 2025 ($469K) IS the -9.4% one-year change.
Windows contain 1 to 6 sales each (3 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 real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Marina Bay Condo Market Scorecard
Marina Bay Condo is currently a thin data market. Limited supply, a median asking price of $439,500, and homes go under contract in about 58 days.
Typical home value in the 32409 ZIP is $375,422, about 24.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Marina Bay Condo, Panama City
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.
Marina Bay Condo 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, tiles © CARTO.
The Marina Bay Condo buying strategy.
If we were buying in Marina Bay 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 Marina Bay Condo.
One building era, one price story
Because every unit shares a 2001 build year, the usual age-driven price gaps you see in older or mixed-era condo buildings largely disappear here. What separates one listing from another is upkeep, interior updates, and view or floor position — not decade of construction. That makes it easier for a buyer to evaluate value unit-to-unit, and it puts real weight on a seller's renovation history when setting an asking price.
The homestead share sits at roughly 48%, meaning close to half of the units are owner-occupied as a primary residence and the rest are held as second homes or investment property. That mix is worth knowing going in — it shapes how much of the building's activity is turnover-driven versus long-term hold, and it's a reasonable question to ask an HOA directly when reviewing a specific unit.
The location and the amenities are priced into every listing in Marina Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a single-vintage building like Marina Bay Condo, the difference between a fair deal and an overpay comes down to reading recent comparable closings correctly and knowing which updates actually justify the asking price. We pull the current MLS picture — median price, days on market, and inventory count — before you write or accept an offer, so the number in front of you is grounded in what's actually happening in the building right now.
Marina Bay Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Marina Bay 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 Marina Bay Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Marina Bay 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 Marina Bay Condo home worth?
Get a no-obligation home value based on real comparable sales in Marina Bay 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.
See homes for sale in Marina Bay Condo on the map →
Frequently Asked Questions
What is the median home price in Marina Bay Condo?
How long do homes in Marina Bay Condo take to sell?
Who is the best real estate agent for Marina Bay Condo?
How do I find a top Panama City real estate agent who knows Marina Bay Condo?
Can Momentum Realty connect me with an agent for Marina Bay Condo?
Should you buy in Marina Bay Condo?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Marina Bay Condo with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2013 (44 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.
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 MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Marina Bay Condo fits the bigger picture — live prices, inventory, and Momentum Scores: