Southwind 3 Condo in Panama City Beach

Southwind 3
Condos 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

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Photo via CPAR MLS

Built fromLive CPAR MLS dataUpdated twice daily

As of November 2026, Southwind 3 Condo in Panama City Beach, FL has 4 homes for sale, asking from $265,000 to $349,900 (median $317,000). Homes listed or recently sold were built 1988–1988; 4 of 4 report an HOA (median $584/mo); 1 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 19 ft).

Part of Southwind, Panama City Beach, FL — see all Southwind homes for sale (7 listings across 3 sections in the MLS).

Last 30 days in Southwind 3: 3 new listings (median asking $299,000). As of November 11, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Southwind 3 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: 15% (434 of 2,840)
4 · 0
For sale · pending
live counts, refreshed twice daily

Homes For Sale Right Now in Southwind 3 Condo

Live MLS inventory for Southwind 3 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 Southwind 3 Condo 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.

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

Southwind 3 Condo is a thin data set right now. Our snapshot shows only a single closing in the most recent window, which is too small a sample to draw a pricing trend from. Anyone telling you a firm number for this building today is guessing beyond what the record supports.

That doesn't mean the building is inactive, it means the market here moves in occasional transactions rather than a steady drumbeat. If you're buying or selling in Southwind 3, plan on pricing by direct comparison to whatever has recently closed or is actively listed inside the building, not by a community-wide average.

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

Southwind 3 Condo sits in Panama City Beach, Bay County, and current MLS activity is limited enough that we're not able to identify amenities or establish a reliable pricing pattern from the feed alone.

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 targeting a specific unit in Southwind 3 who wants a real, unit-level comp analysis rather than a market average
  • A seller who understands their pricing will be set by careful comparison to nearby closings, not a building-wide statistic
  • An investor comfortable evaluating a low-transaction-volume condo building on a deal-by-deal basis

Probably not for

  • A buyer who wants a clear published price range or amenity list before narrowing a search
  • Someone who needs recent, high-volume sales data to feel confident about value
  • A buyer relying on community amenities as a deciding factor, since none are currently identified from MLS listings

The market around Southwind 3 Condo

Southwind 3 Condo is too small for its own price trend, so here is the market around it.

Across Bay County, 2,406 homes are active and 434 pending (15% under contract).

ZIP and county figures describe the wider market, not Southwind 3 Condo specifically. Momentum Research analysis of MLS records.

Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.

If we were buying in Southwind 3 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 Southwind 3 Condo.

Best Buy
A buyer or seller comfortable pricing off direct unit comparison rather than a community-wide trend line.
Biggest Risk
Thin data means pricing mistakes are easy to make without a careful, unit-specific comp pull.
Sweet Spot
Buyers or sellers who already have a specific unit in mind and want it priced on its own merits.
Avoid If
You're expecting a clear, published price trend or amenity list before you commit to looking closer.

A building you evaluate unit by unit

With only one closing showing in the recent window, Southwind 3 doesn't yet give us the volume needed to talk about typical price per square foot, days on market, or a going rate with any confidence. That's a data limitation, not necessarily a market judgment on the building itself.

The practical move here is to treat every listing on its own terms: pull the specific unit's condition, floor, view, and any HOA or association detail directly, and compare it against whatever comparable sales exist in the immediate area rather than relying on a community-level statistic that doesn't yet exist.

“

The location and the amenities are priced into every listing in Southwind 3 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

In a building with this little recorded transaction history, the value of an agent isn't reciting a market stat, it's knowing how to price and negotiate when the comps are scarce. We pull actual listing and closing detail for the specific unit, cross-check it against nearby Panama City Beach condo activity, and tell you plainly where the number should land instead of leaning on a community average that isn't statistically meaningful yet.

Southwind 3 Condo in 15 seconds.

Best forA buyer or seller comfortable pricing off direct unit comparison rather than a community-wide trend line.
Biggest advantageA low-volume market can mean less competition for the right buyer willing to do the legwork.
Biggest riskThin data means pricing mistakes are easy to make without a careful, unit-specific comp pull.
Sweet spotBuyers or sellers who already have a specific unit in mind and want it priced on its own merits.
Avoid ifYou're expecting a clear, published price trend or amenity list before you commit to looking closer.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Southwind 3 Condo sales matched to your home.

What is your Southwind 3 Condo home worth?

Get a no-obligation home value based on real comparable sales in Southwind 3 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.

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Real comps, not an automated estimate.
A buyer targeting a specific unit in Southwind 3 who wants a real, unit-level comp analysis rather than a market averageExcellent fit
A seller who understands their pricing will be set by careful comparison to nearby closings, not a building-wide statisticExcellent fit
An investor comfortable evaluating a low-transaction-volume condo building on a deal-by-deal basisExcellent fit
A buyer who wants a clear published price range or amenity list before narrowing a searchProbably not
Someone who needs recent, high-volume sales data to feel confident about valueProbably not
A buyer relying on community amenities as a deciding factor, since none are currently identified from MLS listingsProbably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: November 12, 2026)
Under-contract sharesCPAR MLS records, as of 2026-11-11

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 Southwind 3 Condo

Development, infrastructure, retail, and school activity affecting Southwind 3 Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Retail & Dining

    Boots on the Beach western wear store opens in Panama City Beach

    The store held its grand opening on October 28 near Joan Avenue and Thomas Drive, selling men's and women's western clothing and boots and offering a custom hat bar. Co-owner Jo Cochran said Pier Park's only western option is Dillard's.

    What it may mean for the marketA specialty apparel shop broadens local shopping choices outside the Pier Park retail core. The site is about 2 miles east of Southwind 3 Condo.

    Source: WJHG
  2. October 2026
    Parks & Amenities

    Bay County wraps up second phase of Island View Park renovations

    Phase two, costing about $40,000 from the county general budget, adds two pavilions, a basketball court and sidewalks, following a May playground replacement. A new fence is already in. Completion is expected within a few weeks.

    What it may mean for the marketAdded courts, shade structures and walkways improve everyday recreation options in the surrounding neighborhood. The project is about 8 miles east of Southwind 3 Condo, elsewhere in Bay County.

    Source: WJHG
  3. October 2026
    Infrastructure

    Panama City Beach advances Clara Avenue and Cobb Road sidewalks to engineering

    City council voted to move sidewalk enhancements on Clara Avenue and Cobb Road into the engineering phase. Mayor Stuart Tettemer hopes to receive engineering work in early to mid 2027 before the next phase. No cost was stated.

    What it may mean for the marketPlanned sidewalks would improve walking connections along two local streets, though construction is still more than a year off. The site is about 2 miles east of Southwind 3 Condo.

    Source: WJHG
  4. September 2026
    Development

    Panama City Beach council upholds approval of Palmhaven development on Front Beach Road

    The Panama City Beach City Council voted to uphold the Planning Board approval of Palmhaven, about 160 homes by Fischer Homes at 12610 Front Beach Road, with added conditions. The developer must build a multi-use trail, public park area and 40 public golf cart parking spaces, and a final development order is required before construction.

    What it may mean for the marketAdds roughly 160 homes of new housing supply on the west Front Beach Road corridor, along with a new public park, trail and parking amenities. The site is about 2 miles east of Southwind 3 Condo.

    Source: WJHG
  5. August 2026
    Infrastructure

    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 9 miles east of Southwind 3 Condo.

    Source: WJHG
  6. 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 9 miles northwest of Southwind 3 Condo, elsewhere in Bay County.

    Source: WJHG News Channel 7

Development alerts for Southwind 3 CondoGet a short monthly email when something new is approved, funded, or opens near Southwind 3 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.

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Housing distress & ownership in Southwind 3 Condo, Panama City Beach

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 38 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-11-11)

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 Southwind 3 Condo Right Now (4)

All 4 active and pending Southwind 3 Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Southwind 3 with Momentum Realty’s local guides.

Southwind Condo0.0 mi away · 1 for saleSouthwind (Bay)0.0 mi away · 1 for saleWendwood Condo0.0 mi away · 3 for saleSeagull Beach0.1 mi awaySouthern Exposures0.1 mi away · 1 for salePortside Condo (Bay)0.1 mi away · median $245K, 5 sales/12 moPeachtree Place0.1 mi away · 4 for saleTropic Winds0.1 mi away · 6 for sale

Browse all neighborhood guides →

What it really costs to own in Southwind 3

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 $3,475/yr across 8 listings here (MLS tax records, 2026-11-12).
HOA duesMedian $584/month across 4 MLS listings (most billed quarterly; 2026-11-12). 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 1988 across 8 listings. An original roof here would be about 38 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 $1,034/month (tax $290, HOA $584, insurance $161). An estimate from the sources above, not a quote.

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