Ocean Ritz
Condos for Sale in Panama City Beach, FL
All 793 homes for sale in Panama City Beach, FL · median $369,900 · 752 condos for sale in Panama City Beach · 411 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, Ocean Ritz in Panama City Beach, FL has 5 homes for sale, asking from $669,000 to $999,900 (median $899,000). Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $852,000, a median 154 days on market, sellers accepting 93% of original asking (+13% versus the prior year). Homes listed or recently sold were built 2006–2006; 5 of 5 report an HOA (median $1,175/mo); 4 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $10,460 ($9,970 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Sale prices, last 12 months | $852,000 median across 5 closed sales · +13.3% vs the prior 12 months |
| Days on market (closed sales) | 154 median |
| For sale right now | 5 active, 0 pending · median asking $899,000 |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Ocean Ritz key facts,” movewithmomentum.com/neighborhoods/ocean-ritz, data as of September 20, 2026.
Last 30 days in Ocean Ritz: 3 new listings (median asking $950,000). As of September 28, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Ocean Ritz
Live MLS inventory for Ocean Ritz. 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 Ocean Ritz listings as of 2026-09-28, 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.
Every Home for Sale in Ocean Ritz Right Now (5)
All 5 active and pending Ocean Ritz listings with a detail page, newest first, refreshed twice a day from the MLS.
- 10611 Front Beach Road 1303, Panama City Beach, Fl 32407 · $999,900 · 4 bd / 4 ba · listed Sep 16, 2026 · listed by Scenic Sotheby's International Realty
- 10611 Front Beach Road 1503, Panama City Beach, Fl 32407 · $899,000 · 4 bd / 4 ba · listed Sep 11, 2026 · listed by Christies International Real Estate Emerald Coast
- 10611 Front Beach Road 1703, Panama City Beach, Fl 32407 · $950,000 · 4 bd / 4 ba · listed Sep 2, 2026 · listed by Corcoran Reverie SRB
- 10611 Front Beach Road 1403, Panama City Beach, Fl 32407 · $890,000 · 4 bd / 4 ba · listed Jun 30, 2026 · listed by Beach Time Realty, Inc
- 10611 Front Beach Road 1502, Panama City Beach, Fl 32407 · $669,000 · 3 bd / 3 ba · listed Jun 30, 2026 · listed by RC Real Estate Group
Ocean Ritz is trading with a median price just over $851,000 and a median time on market north of two months, which reads as a property type where condition and view command the price rather than a tight, competitive bidding environment. The 21.7% year-over-year move is real directional signal, but it's built on only four closings in this window, so treat that percentage as a trend to watch, not a number to anchor a listing or an offer to.
A market heat score of 44 puts this closer to balanced-to-soft than hot, which lines up with the 64-plus day median DOM. For sellers, that means pricing to the unit's actual condition and position matters more than chasing the last comp. For buyers, there's room to negotiate on days on market and inspection items rather than competing on speed.
Ocean Ritz right now
🟢 Still climbing. The trailing-12-month median ($852K) is up 13.3% from the prior 12 months ($752K). With about 7 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 20. Confidence: Low (5 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 29, 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
Ocean Ritz market snapshot (as of September 20, 2026): the median sale price is about $852K, and a median 154 days on market for closed sales. The trailing-12-month median is up 13% from the prior 12 months, computed from record-level CPAR MLS closed sales (5 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 12 homes in Ocean Ritz that have changed hands since 2007, built between 2006 and 2006 (median 2006), with a median living area of about 1,637 sq ft and a typical 4-bedroom, 4-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.
Ocean Ritz sits in the Panama City Beach market within Bay County, where recent activity has been thin enough that a handful of closings can swing the year-over-year read. The current median near $851,000 reflects a small, condition-sensitive sample rather than a broad, liquid market.
The setting & the homes.
Aerial and on-site photos of Ocean Ritz. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Ocean RitzPhotos from CPAR MLS listings in Ocean Ritz; content deemed reliable but not guaranteed.
Who Ocean Ritz is best for.
Best for
- A buyer targeting a coastal Panama City Beach property near the mid-$800s and willing to evaluate each unit on its own condition rather than a market trend.
- A seller who can price patiently, expecting a marketing period closer to two months than a few weeks.
- An investor comfortable making decisions with a limited closing sample and verifying amenities and details unit by unit.
Probably not for
- A buyer who wants a large, active comp set to validate an offer price with confidence.
- A seller expecting a fast, competitive-bidding sale based on the recent year-over-year headline alone.
- Anyone relying on listed community amenities to make a purchase decision without independent verification.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($852K) IS the median in the snapshot above, and the move from 2025 ($752K) IS the +13.3% one-year change.
Windows contain 1 to 15 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.
15% of homes for sale in ZIP 32407 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-23).
Ocean Ritz Market Scorecard
Ocean Ritz is currently a balanced market., a median asking price of $899,000, and homes go under contract in about 8 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Ocean Ritz, Panama City Beach
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.
Ocean Ritz 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 Ocean Ritz buying strategy.
If we were buying in Ocean Ritz 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 Ocean Ritz.
Reading a Thin Market Correctly
With only four closings feeding this snapshot, Ocean Ritz doesn't yet have the volume to generate a stable pricing curve. The median of $851,000 tells you where recent sales landed, but a market this size can move on the strength or weakness of a single unit's condition, floor, or view line rather than broad demand shifts.
The median 64.5-day time on market suggests buyers here aren't rushing, and sellers who price against emotion instead of the visible marketplace end up adding weeks to that number. Current MLS listings don't detail specific community amenities, so any amenity claims for a given unit should be verified directly rather than assumed from the building's reputation or name.
The location and the amenities are priced into every listing in Ocean Ritz. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A market built on four closings and a wide swing in year-over-year pricing is exactly where a generic valuation or an assumed comp set can mislead a buyer or seller. We work the actual, current MLS data for Ocean Ritz rather than trailing averages, and we tell clients plainly when a number is too thin to lean on.
Ocean Ritz in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $1,175/month (about $14,100/yr) · median of 86 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,175 per month ($14,100 a year) — the median AssociationFee across 86 MLS records, normalised to a monthly figure; most are billed monthly. 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.
Tools for a Ocean Ritz 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 Ocean Ritz sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Ocean Ritz, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Ocean Ritz home worth?
Get a no-obligation home value based on real comparable sales in Ocean Ritz, 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 all homes for sale in Panama City Beach →
Recently off market in Ocean Ritz
Homes in Ocean Ritz that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 10611 Front Beach Road 303 · off market
- 10611 Front Beach Road 503 · off market
Frequently Asked Questions
What is the median home price in Ocean Ritz?
How long do homes in Ocean Ritz take to sell?
Who is the best real estate agent for Ocean Ritz?
How do I find a top Panama City Beach real estate agent who knows Ocean Ritz?
Can Momentum Realty connect me with an agent for Ocean Ritz?
Where is Ocean Ritz, and what county is it in?
Should you buy in Ocean Ritz?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 28, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (84 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 Ocean Ritz fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Ocean RitzCondos for Sale in Panama City Beach
- Home values · What homes in Ocean RitzCondos for Sale in Panama City Beach actually sell for
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