Palisades
Condos for Sale in Panama City, FL
All 245 homes for sale in Panama City, FL · median $349,900 · 224 condos for sale in Panama City · 118 homes for sale in 32405 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
Last 30 days in Palisades: 2 new listings (median asking $276,250). As of October 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.
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.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Palisades right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
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.
Who Palisades Condo is best for.
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
The market around Palisades Condo
Palisades Condo is too small for its own price trend, so here is the market around it.
In ZIP 32405, 163 homes are on the market and 23% are under contract — a steady corner of Panama City.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
In ZIP 32405 (Panama City), 697 homes closed in the last 12 months at a median of $280K, down 6.8% year over year, with a median 56 days on market. Right now 202 active and 86 pending listings — a balanced market. See the live ZIP 32405 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Palisades Condo specifically. Momentum Research analysis of MLS records.
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 2026-10-19, 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 Palisades Condo buying strategy.
If we were buying in Palisades 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 Palisades Condo.
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.
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.
What it really costs to own in Palisades Condos for Sale
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,919/yr across 4 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The 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 age | Median build year 1974 across 4 listings. An original roof here would be about 52 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. |
Email me new listings in Palisades Condos for Sale
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.
Ask an agent about Palisades Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palisades Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $570/month (about $6,840/yr) · median of 43 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $570 per month ($6,840 a year) — the median AssociationFee across 43 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, 2026-10.
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 Palisades 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 Palisades Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palisades 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 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 all homes for sale in Panama City →
Should you buy in Palisades Condo?
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: October 19, 2026) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
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 October 2026.
- September 2026Retail & Dining
Panama City meets Houston developer interested in part of Panama City Mall site
Panama City officials met a Houston developer interested in buying a portion of the largely vacant Panama City Mall, owned by Hendon Properties, with a retail focus. Discussions covered rezoning, possible CRA participation and plan submittal. The mayor called the FDOT US 231 widening, planned to six lanes from US 98 to SR 20, the biggest holdup.
What it may mean for the marketPossible retail redevelopment of a large vacant site could add shopping options near the US 231 corridor, with timing tied to road widening and rezoning. The site is about 3 miles north of Palisades Condo.
Source: WJHG - August 2026Development
Deal reached to redevelop historic Panama City Grammar School into apartments and townhomes
Panama City reached a deal for developer Zachary Seymour to buy the 1914 Panama City Grammar School on East Seventh Street and convert it to apartments and townhomes. The city would waive about $375,000 in code fines and a $100,000 CRA grant is pending approval. Seymour has one year to finish structural repairs to roofs, windows and doors.
What it may mean for the marketReuse of a vacant historic building would add downtown-area residential units and remove a long-standing vacant property. The site is less than a mile east of Palisades Condo.
Source: WJHG - August 2026Infrastructure
HCA Florida Gulf Coast Hospital announces $125 million expansion
HCA Florida Gulf Coast Hospital announced a $125 million expansion on its 23rd Street campus, including a new patient tower with 34 additional beds, a 16-bed orthopedic and spine unit, a fourth cath lab, an expanded women's center and a 5,000-square-foot outpatient entrance expansion. The project is in design, with construction of 24 to 36 months and completion targeted for 2029.
What it may mean for the marketAdded hospital capacity and specialty services would improve local healthcare access and add medical-sector employment along the 23rd Street corridor. The site is about 2 miles northwest of Palisades Condo.
Source: WJHG - August 2026Infrastructure
Bay County approves $13.5 million water treatment plant expansion
Bay County commissioners approved a $13.5 million contract with NCMC Construction to add three large sand filters (30 by 50 feet each) to the county water treatment plant, which now runs 11 filters. Construction is expected to start soon and take about a year, and officials say water bills should not rise because of it.
What it may mean for the marketAdded filtration and backup capacity supports water service reliability for a county where demand has more than doubled in 15 years. The site is about 8 miles northeast of Palisades Condo.
Source: WJHG - July 2026Civic
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 - June 2026Infrastructure
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
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.
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See how Palisades Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Palisades
Where is Palisades?
Palisades is a community in Panama City, Bay County, Florida, ZIP 32405 / 32408.
Are there homes for sale in Palisades right now?
No active listings inside Palisades at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Palisades have an HOA or CDD?
No HOA is on record for Palisades in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Housing distress & ownership in Palisades 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.
Every Home for Sale in Palisades Condo Right Now (2)
All 2 active and pending Palisades Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6901 N Lagoon Drive 37, Panama City, Fl 32408 · $215,000 · 2 bd / 2 ba · listed Oct 6, 2026 · listed by Corcoran Reverie
- 6901 N Lagoon Drive 10, Panama City, Fl 32408 · $337,500 · 2 bd / 3 ba · listed Sep 30, 2026 · listed by Dalton Wade Inc
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