Summerwinds
Condos for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 233 condos for sale in Panama City · 302 homes for sale in 32408 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Summerwinds Condo in Panama City, FL has 2 homes for sale. Summerwinds Condo is a community in Panama City, Bay County, FL. Across Panama City as a whole, 371 homes closed in the last 12 months at a median of $300,000, 84 median days on market. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,680 ($3,200 with the full homestead exemption).
Summerwinds is pricing like a condo market that has been repriced hard over the last decade — the median sits at $745,000, and the longer-run trend (up 148% since 2012) says this building has moved well beyond its original price tier. The past year alone added 9.6%, so the climb hasn't leveled off, it's continuing on the same trajectory.
With only five closings in the current window, treat every stat here as a directional signal, not a settled number. A median dom of 17 days and a heat score of 66 both point to a market where priced-right units move fast, but with this few transactions, one unusual sale can swing the median significantly. Buyers and sellers should lean on a specific comp pull for the exact unit line and floor, not just the building-wide figure.
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
Summerwinds is a Panama City condo community where price has moved substantially higher over the last several years, with recent closings trading at a median of $745,000 and typically going under contract in just over two weeks.
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 Summerwinds Condo is best for.
Best for
- A buyer comfortable pricing off unit-specific comps rather than a thin building-wide median.
- A buyer who has tracked this building's multi-year price trend and wants in ahead of further gains.
- A seller with a unit that fits current demand and wants a market where days-on-market has been running short.
Probably not for
- A buyer who wants a large recent-sales sample to validate price before making an offer.
- A buyer relying on a published amenities list to compare this building against others.
- A buyer expecting entry-level condo pricing in this market.
The market around Summerwinds Condo
Summerwinds 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 Summerwinds Condo specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Summerwinds Condo
Live MLS inventory for Summerwinds 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 Summerwinds 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.
The Summerwinds Condo buying strategy.
If we were buying in Summerwinds 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 Summerwinds Condo.
A thin market, a strong trend
The headline number to sit with is the 148% move since 2012 — that's not a single hot year, that's a building that has been repriced across a full cycle. The 9.6% year-over-year gain shows that trend hasn't stalled; it's still adding on top of an already elevated base. A median dom of 17 days and a heat score of 66 both describe a market where inventory doesn't sit long once it's priced to current conditions.
The caveat is sample size. Five closings in the current window is not enough to smooth out unit-to-unit variation — a top-floor, water-facing line and a lower-floor interior unit can post very different numbers and still both be 'the market.' No amenity list is currently attached to MLS data for this community, so buyers should verify building amenities and any associated fees directly rather than assuming a standard package.
The location and the amenities are priced into every listing in Summerwinds Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with only a handful of recent closings, the comp set matters more than the headline median. We pull unit-specific history — floor, view line, prior sale price — before advising an offer or a list price, rather than leaning on a building-wide number that a single unusual sale can distort.
Summerwinds Condo in 15 seconds.
Tools for a Summerwinds 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 Summerwinds Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summerwinds 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 Summerwinds Condo home worth?
Get a no-obligation home value based on real comparable sales in Summerwinds 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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Should you buy in Summerwinds Condo?
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Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | CPAR 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 Summerwinds Condo
Development, infrastructure, retail, and school activity affecting Summerwinds Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
Panama City rejects marina bids and will rebuild West Basin in phases
The city rejected all bids earlier this month for the 49-slip West Basin and will rebid in phases focused on wet slips. The boat ramp has been redesigned and will come later. Phase One construction could start within 90 days of selecting a contractor.
What it may mean for the marketA slower, phased marina rebuild delays new downtown waterfront boating capacity but keeps the project moving toward construction. The site is about 3 miles south of Summerwinds Condo.
Source: WJHG - October 2026Parks & 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 site is about 3 miles southwest of Summerwinds Condo.
Source: WJHG - 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 less than a mile northwest of Summerwinds 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 about 2 miles south of Summerwinds 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 1 mile southwest of Summerwinds 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 about 2 miles south of Summerwinds 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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