Santa Monica Beach
Homes for Sale in Panama City Beach, FL

With 620 homes spanning nearly a century of construction and a median living area above 2,300 square feet, Santa Monica Beach reads less like a single community and more like a broad Panama City Beach corridor where vintage and size vary block to block.

CPAR sales records identify 22 homes in Santa Monica Beach that have changed hands since 2015, built between 1955 and 2026 (median 1992), with a median living area of about 1,848 sq ft and a typical 3-bedroom, 2-bath layout; 82% are single-family homes. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Santa Monica Beach is too small for its own price trend, so here is the market around it.

In ZIP 32413, 785 homes are on the market and 16% are under contract — a slower corner of Panama City Beach.

Across Bay County, 2,515 homes are active and 528 pending (17% under contract).

In ZIP 32413 (Panama City Beach), 1,569 homes closed in the last 12 months at a median of $445K, down 0.1% year over year, with a median 79 days on market. Right now 1,074 active and 177 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 32413 housing market and the Bay County market.

ZIP and county figures describe the wider market, not Santa Monica Beach specifically. Momentum Research analysis of MLS records.

The 1930–2024 build range is the widest signal in this data set. Buyers here need to separate original-era construction from later rebuilds and new infill, because the same address range can hold very different structural profiles. A median year built of 1995 puts the typical home into a specific renovation-and-systems conversation — roofs, HVAC, and windows from that era are approaching or past typical replacement cycles, and that should show up in your inspection budget, not just your offer price.

The 11% homestead share is the more telling number. In most Northeast Florida markets that figure sits meaningfully higher; here it suggests the bulk of ownership is investment or non-primary use, which is consistent with a beach-corridor market. That matters for sellers thinking about days-on-market expectations and for buyers thinking about rental potential, HOA rules on leasing, and how liquid resale will be relative to a primary-residence neighborhood. No community amenities are currently identified from MLS listings, so any pool, clubhouse, or access feature would need to be confirmed property-by-property rather than assumed at the community level.

A community spanning nine decades of construction and a low homestead rate is not a market you price off a single comp. We pull the actual build year, condition signals, and ownership pattern on each listing before we talk numbers, so you are not guessing whether a given home fits an investment thesis or a primary-residence one.

Listings in this community report association dues of about $20 per month ($240 a year) — the median AssociationFee across 53 MLS records, normalised to a monthly figure; most are billed annually. 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.