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Shade Tree Condo in Panama City

Shade Tree
Condos for Sale in Panama City, FL

By , Co-Founder, Momentum Realty · Updated October 20, 2026

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All 245 homes for sale in Panama City, FL · median $349,900 · 224 condos for sale in Panama City · 276 homes for sale in 32408 · Bay County homes for sale

Community in Panama City · Bay County · ZIP 32408
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Photo via CPAR MLS

Built fromLive CPAR MLS data14 years of closingsUpdated twice daily

As of October 2026, Shade Tree Condo in Panama City, FL has 4 homes for sale, asking from $175,000 to $220,000 (median $205,000). Homes listed or recently sold were built 1980–1986; 4 of 4 report an HOA (median $530/mo); 2 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft).

Live · Shade Tree Condo Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Bay: 17% (528 of 3,043)
5 · 0
For sale · pending
live counts, refreshed twice daily

Homes For Sale Right Now in Shade Tree Condo

Live MLS inventory for Shade Tree 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 · 69 daysTop listing
$220,000
2 bd · 2 ba · built 1986
7125 N Lagoon Drive O, Panama City Beach, FL 32408, Panama City Beach, 32408
Listed by Counts Real Estate Group Inc
Active · 158 days
$205,000
2 bd · 3 ba · built 1980
7125 N Lagoon Drive D, Panama City Beach, FL 32408, Panama City Beach, 32408
Listed by Counts Real Estate Group Inc
Active · 133 days
$205,000
2 bd · 3 ba · built 1986
7125 N Lagoon Drive N, Panama City, FL 32408, Panama City, 32408
Listed by Counts Real Estate Group Inc
Active · 255 days
$175,000
2 bd · 2 ba · built 1985
7125 N Lagoon Drive J, Panama City, FL 32408, Panama City, 32408
Listed by Counts Real Estate Group Inc

Active and pending Shade Tree 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.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 28, 2026

The current MLS snapshot for Shade Tree Condo shows no closings in the tracked window, which means there is no fresh transaction data to anchor a price discussion. That is not unusual for a smaller condo community and it does not mean nothing is happening, only that the recorded sales activity has not produced a closing in this particular stretch.

For a buyer or seller, that absence of data is itself the signal: pricing here has to be built from a comparable-by-comparable review rather than a community-wide trend line. Anyone serious about this address should expect to lean on individual unit history and direct comparison to nearby condo product rather than a headline market statistic.

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

Shade Tree Condo is a condominium community in Panama City, Bay County, with no closings recorded in the current tracking window and no community amenities identified from active MLS listings.

CPAR sales records identify 6 homes in Shade Tree Condo that have changed hands, built between 1980 and 1986 (median 1985), with a median living area of about 1,200 sq ft and a typical 2-bedroom, 2.5-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.

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.

Quick Match

Who Shade Tree Condo is best for.

Best for

  • Buyers comfortable evaluating a specific unit on its own merits rather than by community-wide trend data
  • Investors or owners already familiar with the Bay County condo market who can price by direct comparison
  • Sellers willing to work with a broker to build a custom comparable set given the lack of recent closings here

Probably not for

  • Buyers who want to lean on a published median price or days-on-market figure before making a decision
  • Anyone expecting a documented amenity package to be confirmed upfront from listing data alone
  • Sellers hoping recent local closings will help set an aggressive asking price
The Area Market

The market around Shade Tree Condo

Shade Tree Condo is too small for its own price trend, so here is the market around it.

In ZIP 32408, 757 homes are on the market and 11% are under contract — a slower corner of Panama City.

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

In ZIP 32408 (Panama City), 1,792 homes closed in the last 12 months at a median of $400K, down 0.6% year over year, with a median 75 days on market. Right now 1,195 active and 202 pending listings — a buyer's market. See the live ZIP 32408 housing market and the Bay County market.

ZIP and county figures describe the wider market, not Shade Tree Condo specifically. Momentum Research analysis of MLS records.

Interactive Map

Shade Tree Condo 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 contributors.

The Strategy

The Shade Tree Condo buying strategy.

If we were buying in Shade Tree 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 Shade Tree Condo.

The Quick Decision
Best Buy
Buyers or sellers who want a direct, comparable-based read rather than a market trend line.
Biggest Risk
The lack of recent closing data makes it hard to gauge current pricing or pace with confidence.
Sweet Spot
Works best for someone already comparing specific units rather than shopping by neighborhood averages.
Avoid If
Avoid leading with this community if you need recent sales data to validate an offer or list price.
The Deep Dive

A quiet stretch on paper

With zero closings in the snapshot window, Shade Tree Condo is not generating the kind of sales volume that lets an analyst point to a median price or a typical days-on-market figure. That can mean turnover is genuinely low, that current owners are holding, or simply that the timing of this snapshot caught a gap between sales.

The MLS listing data also does not identify specific community amenities for Shade Tree Condo. That does not mean the property lacks features, only that they are not itemized in the current listing feed. Anyone evaluating this community should verify amenities, association details, and recent sales history directly rather than relying on aggregate market stats, since the data set here simply does not support them yet.

“

The location and the amenities are priced into every listing in Shade Tree Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
Why Momentum

Why work with Momentum here

When a community has this little recorded transaction activity, the value of a broker is in digging past the headline numbers. We pull unit-level history, check comparable condo sales nearby, and confirm amenity and association facts directly rather than repeating an incomplete MLS summary, so you are pricing or offering on real information, not a gap in the data.

The 15-Second Verdict

Shade Tree Condo in 15 seconds.

Best forBuyers or sellers who want a direct, comparable-based read rather than a market trend line.
Biggest advantageA smaller condo footprint can mean less competition for any unit that does come to market.
Biggest riskThe lack of recent closing data makes it hard to gauge current pricing or pace with confidence.
Sweet spotWorks best for someone already comparing specific units rather than shopping by neighborhood averages.
Avoid ifAvoid leading with this community if you need recent sales data to validate an offer or list price.

What it really costs to own in Shade Tree 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 taxCurrent owners' bills run a median of $2,104/yr across 6 listings here (MLS tax records, 2026-10-20).
HOA duesMedian $530/month across 4 MLS listings (most billed monthly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe 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 ageMedian build year 1985 across 8 listings. An original roof here would be about 41 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.

Estimated carrying cost at the median asking price, before the mortgage: about $866/month (tax $175, HOA $530, insurance $161). An estimate from the sources above, not a quote.

Email me new listings in Shade Tree 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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Shade Tree Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Shade Tree Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Shade Tree Condos for Sale in Panama City, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Shade Tree Condos for Sale in Panama City, FL.
In short
  • HOA dues reported around $530/month (about $6,360/yr) · median of 4 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $530 per month ($6,360 a year) — the median AssociationFee across 4 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.

Run Your Numbers

Tools for a Shade Tree Condo buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBay County millage and the homestead picture.Rent vs buyThe breakeven on owning in Shade Tree Condo.Save Our HomesProject your homestead tax cap over time.
The takeaway

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

Selling in Shade Tree Condo

Price it to the comps and condition, not an automated estimate.

If you are thinking about selling in Shade Tree 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 Shade Tree Condo home worth?

Get a no-obligation home value based on real comparable sales in Shade Tree 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 →

Real comps, not an automated estimate.
The Verdict

Should you buy in Shade Tree Condo?

An honest fit check. We will tell you when it is not your community.

Buyers comfortable evaluating a specific unit on its own merits rather than by community-wide trend dataExcellent fit
Investors or owners already familiar with the Bay County condo market who can price by direct comparisonExcellent fit
Sellers willing to work with a broker to build a custom comparable set given the lack of recent closings hereExcellent fit
Buyers who want to lean on a published median price or days-on-market figure before making a decisionProbably not
Anyone expecting a documented amenity package to be confirmed upfront from listing data aloneProbably not
Sellers hoping recent local closings will help set an aggressive asking priceProbably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: October 19, 2026)
Under-contract sharesCPAR MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (7 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 Shade Tree Condo

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

  1. October 2026
    Development

    Tyndall Air Force Base rebuild continues with about 140 new facilities

    WJHG reports Tyndall AFB is rebuilding with roughly 140 new hurricane-resistant facilities after Hurricane Michael in 2018, and now hosts F-35 squadrons. Most current projects are expected to finish by 2027, while other buildings await congressional funding and the work has faced labor and budget constraints.

    What it may mean for the marketContinued base construction and F-35 operations sustain military and contractor employment and construction activity in the eastern Bay County area. The site is about 10 miles southwest of Shade Tree Condo.

    Source: WJHG
  2. August 2026
    Development

    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 project is about 13 miles west of Shade Tree Condo, elsewhere in Bay County.

    Source: WJHG
  3. August 2026
    Infrastructure

    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 project is about 12 miles northwest of Shade Tree Condo, elsewhere in Bay County.

    Source: WJHG
  4. 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 project is about 13 miles west of Shade Tree Condo, elsewhere in Bay County.

    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 10 miles northwest of Shade Tree Condo, elsewhere in Bay County.

    Source: WJHG News Channel 7
  6. 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 project is about 14 miles west of Shade Tree Condo, elsewhere in Bay County.

    Source: WJHG News Channel 7

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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.

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Common questions about Shade Tree

Where is Shade Tree?

Shade Tree is a community in Panama City, Bay County, Florida, ZIP 32408.

Are there homes for sale in Shade Tree right now?

Yes — 5 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Shade Tree have an HOA or CDD?

No HOA is on record for Shade Tree 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 Shade Tree Condo, Panama City

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 18 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-10-14)

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 Shade Tree Condo Right Now (4)

All 4 active and pending Shade Tree Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Shade Tree with Momentum Realty’s local guides.

Grand Lagoon Banks0.1 mi away · 1 for saleLagoon Estates0.2 mi away · 3 for saleGrand Lagoon Cove Condominium0.2 mi away · median $202K, 4 sales/12 moGreenwood Estates (Bay)0.2 mi away · 5 for saleNorth Lagoon Heights0.2 mi away · median $325K, 5 sales/12 moPalisades Condo0.3 mi awayDockside North0.3 mi away · 2 for saleNorth Lagoon Oaks0.3 mi away · median $278K, 4 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in Shade Tree Condo? 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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