Palisades Condo in Panama City

Palisades Condo
Homes for Sale in Panama City, FL

Community in Panama City · Bay County · ZIP 32405
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True comps, carrying-cost math, and listings before the portals.

Photo via CPAR MLS

Built fromLive CPAR MLS data14 years of closingsUpdated twice daily
Live · Palisades Condo Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palisades Condo is showing almost no resale activity in the current MLS window, with only a single closing to reference. That is too thin a sample to draw a price trend, a days-on-market pattern, or a supply read with any confidence, so anyone quoting a hard number for this building right now is guessing.

For a buyer or seller, that means the work happens off the aggregate stats and directly in the comps: unit-by-unit condition, floor, view, and any association fee or reserve detail specific to the building. Until more units trade, pricing here gets set deal by deal rather than by a visible market curve.

The 60-Second Overview

Palisades Condo sits in Panama City within Bay County, but current MLS activity is too limited to describe a pricing pattern or typical unit profile with any reliability.

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

  • A buyer comfortable doing unit-level and association-level diligence rather than relying on market averages
  • Someone specifically targeting Palisades Condo for its Panama City location, not for building-wide amenities
  • A seller with a single unit to list who wants pricing built from direct comps rather than a broad market curve

Probably not for

  • A buyer who wants a clear amenity list before touring
  • Someone relying on recent sales trends to gauge fair value here
  • A buyer unwilling to review condo association records directly given the lack of MLS-level detail

Palisades Condo Market Scorecard

Thin data

Palisades Condo is currently a thin data market. Limited supply, a median asking price of $234,900, and homes go under contract in about 235 days.

n/a
Months supply
$234,900
Median list
n/a
Median sold
n/a
Per sqft
235
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 32408 ZIP is $370,292, about 2.6% 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.

Homes For Sale Right Now in Palisades Condo

Live MLS inventory for Palisades 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 Palisades Condo listings as of 2026-08-31, 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.

Recent Developments in Palisades Condo

Development, infrastructure, retail, and school activity affecting Palisades Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum70/100 · High
  1. July 2026
    Civic

    Panama City approves 12-month moratorium on AI data centers

    Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.

    What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The site is less than a mile northeast of Palisades Condo.

    Source: WJHG News Channel 7
  2. July 2026
    Parks & Amenities

    Panama City Beach approves $1.25 million to rehabilitate Conservation Park boardwalks

    The Panama City Beach city council approved a budget of $1.25 million to rehabilitate more than one mile of boardwalks at Conservation Park. The funding covers rehabilitation of the park's boardwalk system.

    What it may mean for the marketInvestment in Conservation Park boardwalks upgrades a recreational amenity in Panama City Beach. The project is about 17 miles northwest of Palisades Condo, elsewhere in Bay County.

    Source: WJHG News Channel 7
  3. June 2026
    Retail & Dining

    New retailers open at Watersound Town Center as construction continues

    Watersound Town Center in the Panama City Beach area reported new store openings including FP Movement, Hemline, Monkee's, and Sunset Shoes and Lifestyles, with Johnnie-O expected later in the summer. St. Joe said two additional buildings are planned to break ground this year at the center.

    What it may mean for the marketGrowing retail and dining space plus additional buildings expand the commercial center along the State Road 79 corridor. The project is about 24 miles northwest of Palisades Condo, elsewhere in Bay County.

    Source: The St. Joe Company
  4. June 2026
    Infrastructure

    Panama City moves downtown marina slip construction to bid, ends City Marina Partners deal

    Panama City put the first 50 boat slips at the Downtown Marina out for contractor bids, with construction expected to begin shortly after a contract is awarded and the bid window closing June 16. Commissioners also ended their working relationship with City Marina Partners and budgeted payment for work already completed.

    What it may mean for the marketProgress on downtown marina slip construction advances waterfront infrastructure in the Panama City core. The site is less than a mile south of Palisades Condo.

    Source: WJHG News Channel 7
  5. June 2026
    Development

    Panama City commissioners approve Community Development District for 1,800-home neighborhood

    Panama City commissioners approved a Community Development District for a planned neighborhood of about 1,800 homes east of John Pitts Road in north Panama City. Under the CDD, road maintenance within the neighborhood stays with the district rather than transferring to the city.

    What it may mean for the marketA new large-scale residential district adds housing supply and internally maintained streets to the north Panama City market. The project is about 7 miles northeast of Palisades Condo, elsewhere in Bay County.

    Source: WJHG News Channel 7

Development alerts for Palisades CondoGet a short monthly email when something new is approved, funded, or opens near Palisades Condo.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Palisades 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 Palisades Condo.

Best Buy
Buyers and sellers prepared to price a unit on its own merits rather than a building-wide trend.
Biggest Risk
Thin data means pricing guidance has to come from direct comps and association research, not aggregate stats.
Sweet Spot
A single well-documented unit where condition and HOA details are verified firsthand.
Avoid If
You need a visible price trend or amenity list to make a decision without direct diligence.

A Building With No Visible Track Record Right Now

With just one closing in the current window and no amenities catalogued from active MLS listings, Palisades Condo is effectively a blank slate in the data. That does not mean the building lacks features or history, only that the current listing feed does not surface them, which is common for smaller or lower-turnover condo associations.

This is a building where the analysis has to move from spreadsheet to phone call. Association documents, recent unit sales outside the immediate window, and direct inspection of the property matter more here than they would in a community with steady monthly turnover and a clean price trend to point to.

The location and the amenities are priced into every listing in Palisades 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

When a community's MLS footprint is this thin, the value of a broker is in knowing what the data cannot tell you: pulling condo association records, tracking down off-market or pending activity, and pricing a unit against the building's real condition rather than a market average that does not exist yet. That is the work we do before we advise on an offer or a listing price here.

Palisades Condo in 15 seconds.

Best forBuyers and sellers prepared to price a unit on its own merits rather than a building-wide trend.
Biggest advantageLow competition from other active listings, since current MLS inventory here is minimal.
Biggest riskThin data means pricing guidance has to come from direct comps and association research, not aggregate stats.
Sweet spotA single well-documented unit where condition and HOA details are verified firsthand.
Avoid ifYou need a visible price trend or amenity list to make a decision without direct diligence.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palisades Condo sales matched to your home.

What is your Palisades Condo home worth?

Get a no-obligation home value based on real comparable sales in Palisades 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 Palisades Condo on the map →

Real comps, not an automated estimate.
A buyer comfortable doing unit-level and association-level diligence rather than relying on market averagesExcellent fit
Someone specifically targeting Palisades Condo for its Panama City location, not for building-wide amenitiesExcellent fit
A seller with a single unit to list who wants pricing built from direct comps rather than a broad market curveExcellent fit
A buyer who wants a clear amenity list before touringProbably not
Someone relying on recent sales trends to gauge fair value hereProbably not
A buyer unwilling to review condo association records directly given the lack of MLS-level detailProbably not

Nearby Communities

Explore more neighborhoods near Palisades Condo with Momentum Realty’s local guides.

GLGrand Lagoon Cove Condominium0.1 mi awayDNDockside North0.1 mi awayLELagoon Estates0.1 mi awaySTShade Tree Condo0.3 mi awayNLNorth Lagoon Heights0.4 mi awayTCTreasure Cove (Bay)0.5 mi awayGEGreenwood Estates (Bay)0.5 mi awayHBHoliday Beach0.5 mi away

Browse all neighborhood guides →

Data sources & freshness

Historical depthClosed-sale records back to 2012 (33 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 your area comps.

Looking to buy here? Search homes for sale →

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More Panama City & Panama City & Bay County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Panama City & Bay County or the full Neighborhood Finder.

Thinking of selling in Palisades Condo? 1 recorded closings (window ending 2026-07-28). See the Bay County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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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.

$2,070/mo
Bay County typical true cost to own
$161/mo
Bay County typical home insurance
Check CDD
Confirm before you offer

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.