Palazzo
Homes 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 · 667 homes for sale in 32413 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Palazzo in Panama City Beach, FL has 2 homes for sale. As of November 2026, the MLS records 2 closed sales in Palazzo in Panama City Beach, FL since 2026, the most recent in October 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).
Palazzo's numbers this cycle read as a small, low-volume market where a handful of closings can swing the averages hard. A 72.3% year-over-year jump on a 12-sale window is the kind of move you get from a shift in which units happened to trade, not necessarily a broad repricing of the community. The median of $815,000 should be read as a snapshot of this particular mix of closings rather than a stable benchmark for every unit in the building.
A median days-on-market of 99 tells the more grounded story: this is not a market where units move quickly regardless of price. A market heat score of 45 backs that up — this sits in mid-range territory, neither a bidding-war environment nor a distressed one. For sellers, that means pricing to the specific unit and condition matters more than chasing the last headline number. For buyers, there's room to negotiate on timeline and terms rather than racing a clock.
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
Palazzo is a Panama City Beach condominium community in Bay County where recent closing activity has been thin enough that price swings should be read with some caution rather than taken as a market-wide trend.
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.
Who Palazzo is best for.
Best for
- Buyers seeking a Panama City Beach condominium and comfortable evaluating each unit on its own condition and comps
- Sellers with a well-maintained or upgraded unit who can support pricing near or above the current median with unit-specific evidence
- Buyers with a flexible closing timeline who don't need a fast transaction in a market averaging around 99 days on market
Probably not for
- Buyers who need confirmed shared amenities as part of the purchase decision, since none are currently identified in MLS data
- Sellers expecting the last reported median to apply automatically to a lower-condition or smaller unit
- Buyers who need a quick, high-certainty closing timeline in a market currently running well past 90 days
The market around Palazzo
Palazzo is too small for its own price trend, so here is the market around it.
In ZIP 32413, 735 homes are on the market and 13% 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 32413 (Panama City Beach), 262 homes closed in the last 12 months at a median of $499K, with a median 71 days on market. Right now 336 active and 61 pending listings put supply at about 15.4 months — a soft market. See the live ZIP 32413 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Palazzo specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Palazzo
Live MLS inventory for Palazzo. 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 Palazzo 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.
The Palazzo buying strategy.
If we were buying in Palazzo 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 Palazzo.
Reading a low-volume market correctly
With only 12 closings in the window used for these figures, Palazzo's stats behave differently than a high-volume community. A single high-end penthouse or gulf-front unit trading in the same period as a smaller interior unit can move the median by a wide margin without reflecting an actual shift in demand. That's almost certainly part of what's behind the jump from typical pricing to the current $815,000 median, and it's also consistent with a 134% climb since 2012 — a long-run trend line, not a single-year event.
The 99-day median days-on-market is the number that deserves the most weight for anyone actually transacting. It says buyers here are not moving fast, and sellers who price against the headline median without accounting for their specific unit's condition and view are likely to sit. Current MLS listings show no confirmed amenity package for the community, so any amenities should be verified unit-by-unit and building-by-building before assuming shared facilities exist.
The location and the amenities are priced into every listing in Palazzo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume, mixed-signal market like Palazzo, the raw stats can mislead as easily as they inform. We pull the actual comparable closings behind the median, not just the headline number, so pricing and offer strategy reflect the specific unit and its condition rather than a market-wide average built on a small sample.
Palazzo in 15 seconds.
Tools for a Palazzo 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 Palazzo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palazzo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palazzo home worth?
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Should you buy in Palazzo?
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Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-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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