Summerwinds
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 · 276 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 October 2026, Summerwinds Condo in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $745,000, a median 17 days on market, sellers accepting 98% of original asking. At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $9,150 ($8,660 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 Condo market snapshot (as of September 20, 2026): the median sale price is about $745K, and a median 17 days on market for closed sales.
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.
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.
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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($745K) IS the median in the snapshot above.
Windows contain 1 to 10 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
12% of homes for sale in ZIP 32408 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-13).
Summerwinds Condo Market Scorecard
Summerwinds Condo is currently a balanced market., a median asking price of $1,074,950, and homes go under contract in about 288 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
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 2026-10-19, 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 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.
What it really costs to own in Summerwinds 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 $7,648/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 1994 across 4 listings. An original roof here would be about 32 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 Summerwinds 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 Summerwinds Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Summerwinds Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $1,564/month (about $18,768/yr) · median of 90 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,564 per month ($18,768 a year) — the median AssociationFee across 90 MLS records, normalised to a monthly figure; most are billed quarterly. 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 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.
See all homes for sale in Panama City →
| Location | Panama City, Bay County, FL · ZIP 32408 |
|---|---|
| Sale prices, last 12 months | $745,000 median across 5 closed sales |
| Days on market (closed sales) | 17 median |
| For sale right now | 2 active, 0 pending · median asking $1,074,950 |
Data as of September 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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Summerwinds key facts,” movewithmomentum.com/neighborhoods/summerwinds-condo, data as of September 20, 2026.
Housing distress & ownership in Summerwinds 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.
Just listed in Summerwinds
The newest homes for sale in Summerwinds right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 6323 Thomas Drive 501A, Panama City, FL 32408 $1,450,000 · 3 bd · 2 ba · 140 days on market Courtesy of CENTURY 21 Ryan Realty Inc
- 6323 Thomas Drive 104B, Panama City, FL 32408 $675,000 · 2 bd · 2 ba · 288 days on market Courtesy of CENTURY 21 Ryan Realty Inc
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Summerwinds Condo Right Now (2)
All 2 active and pending Summerwinds Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6323 Thomas Drive 501A, Panama City, Fl 32408 · $1,450,000 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by CENTURY 21 Ryan Realty Inc
- 6323 Thomas Drive 104B, Panama City, Fl 32408 · $675,000 · 2 bd / 2 ba · listed Jul 22, 2026 · listed by CENTURY 21 Ryan Realty Inc
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Panama City guides & data
- Market data
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- Flood zones
- Home insurance cost
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Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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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 October 2026.
- October 2026Development
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 southeast 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 - 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 6 miles northeast 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.
Frequently Asked Questions
What is the median home price in Summerwinds Condo?
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Where is Summerwinds, and what county is it in?
Should you buy in Summerwinds 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) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (65 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.
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More on Summerwinds Condos for Sale in Panama City
- Home values · What homes in Summerwinds Condos for Sale in Panama City actually sell for
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