Marina Bay Condo in Panama City

Marina Bay
Condos for Sale in Panama City, FL

All 268 homes for sale in Panama City, FL · median $349,900 · 233 condos for sale in Panama City · 45 homes for sale in 32409 · Bay County homes for sale

Community in Panama City · Bay County
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True comps, carrying-cost math, and listings before the portals.

Photo via CPAR MLS

Built fromLive CPAR MLS dataUpdated twice daily

As of November 2026, Marina Bay Condo in Panama City, FL has 4 homes for sale and 1 pending, asking from $434,990 to $675,000 (median $542,500). Homes listed or recently sold were built 2001–2001; 5 of 5 report an HOA (median $556/mo); 5 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft).

Last 30 days in Marina Bay: 1 new listing (median asking $650,000), 1 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.

Live · Marina Bay Condo Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
20%
Under contract
Bay: 15% (434 of 2,840)
4 · 1
For sale · pending
live counts, refreshed twice daily

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 2026-11-11, 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.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 28, 2026

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.

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

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.

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

  • 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.

The market around Marina Bay Condo

Marina Bay Condo is too small for its own price trend, so here is the market around it.

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

ZIP and county figures describe the wider market, not Marina Bay Condo specifically. Momentum Research analysis of MLS records.

Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.

If we were buying in Marina Bay Condo 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 Marina Bay Condo.

Best Buy
Buyers who want a consistent condo product from a single construction era rather than a mixed-vintage building.
Biggest Risk
With no community amenities identified from current listings, buyers should verify directly what the HOA does and does not provide.
Sweet Spot
A unit near the median size of 1,525 sq ft priced in line with the $425,000 median, in solid updated condition.
Avoid If
You are seeking a resort-style amenity package, since none is confirmed in current MLS data for this building.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a consistent condo product from a single construction era rather than a mixed-vintage building.
Biggest advantageA uniform 2001 build year means fewer surprises tied to age of systems and structure across units.
Biggest riskWith no community amenities identified from current listings, buyers should verify directly what the HOA does and does not provide.
Sweet spotA unit near the median size of 1,525 sq ft priced in line with the $425,000 median, in solid updated condition.
Avoid ifYou are seeking a resort-style amenity package, since none is confirmed in current MLS data for this building.
The takeaway

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.

What is your Marina Bay Condo home worth?

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Real comps, not an automated estimate.
Buyers who want the predictability of a single build-year condo and are comfortable evaluating unit-by-unit condition rather than era.Excellent fit
Buyers targeting a purchase near the $425,000 median who want a straightforward, non-renovated-to-luxury comparison set.Excellent fit
Investors or second-home buyers comfortable with a building where roughly half the units are non-homestead.Excellent fit
Buyers who need confirmed on-site amenities like a pool, fitness room, or clubhouse spelled out before they'll consider a building.Probably not
Buyers wanting a wide range of unit ages or architectural styles to choose from within one community.Probably not
Buyers expecting a fast, high-volume turnover market rather than a median 46-day sales pace.Probably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: November 11, 2026)
Under-contract sharesCPAR MLS records, as of 2026-11-11

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 Marina Bay Condo, Panama City

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

Active inventory in distress
0.0%
0 of 11 listings
Distress share trend — 0.0% now (2026-08-23 → 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 Marina Bay Condo Bay Right Now (5)

All 5 active and pending Marina Bay Condo Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Marina Bay with Momentum Realty’s local guides.

Mill Point Landing0.2 mi awayBay Park Manor1.0 mi awayFanning Oaks1.3 mi awayCountry Club Harbour Estates1.4 mi away · median $589K, 3 sales/12 moTropical Bay (Bay)1.4 mi away · 1 for saleFanning Bayou1.5 mi away · median $512K, 3 sales/12 moPoint Havenwood1.5 mi awayCountry Club Gardens1.5 mi away

Browse all neighborhood guides →

More on Marina Bay Condos for Sale in Panama City

What it really costs to own in Marina Bay

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $5,681/yr across 10 listings here (MLS tax records, 2026-11-12).
HOA duesMedian $556/month across 5 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 insuranceThe 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.
Roof and ageMedian build year 2001 across 10 listings. An original roof here would be about 25 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 $1,190/month (tax $473, HOA $556, insurance $161). An estimate from the sources above, not a quote.

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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.

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