Treasure Palms
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 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, Treasure Palms in Panama City, FL has 2 homes for sale. As of November 2026, the MLS records 1 closed sale in Treasure Palms in Panama City, FL, the most recent in November 2026. 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).
Treasure Palms is an established Panama City community where the housing stock spans nearly three decades of construction, from 1986 through 2015, with a median build year of 1992. That range matters more than any single number: buyers are choosing between older, original-condition homes and newer construction within the same neighborhood, and pricing here is driven primarily by condition and update level rather than lot or location differences.
With 167 homes in the community and a high homestead share, this reads as a settled, owner-occupied market rather than a churn-heavy investment zone. For sellers, that stability supports steady buyer interest but means a home has to earn its price through documented condition and updates, not just address. For buyers, it means less competition from bulk investment activity and more room to negotiate on homes that need work.
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
Treasure Palms is a Bay County community of 167 homes with a build range stretching from 1986 to 2015, giving it a mix of original and more recently constructed housing within one neighborhood footprint.
CPAR sales records identify 11 homes in Treasure Palms that have changed hands since 2003, built between 1986 and 1998 (median 1993), with a median living area of about 1,495 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.
County records show 6 qualified sales in Treasure Palms across 2024–2025 (3 in 2024, 3 in 2025), median $365,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Treasure Palms is best for.
Best for
- Buyers prioritizing home and location over shared community amenities
- Buyers comfortable evaluating condition and update history across a range of build years
- Buyers seeking a settled, primarily owner-occupied neighborhood in Bay County
Probably not for
- Buyers who want a clubhouse, pool, or other amenity-driven community lifestyle
- Buyers wanting uniform new construction with no condition variance to sort through
- Investors expecting a heavy rental or transient-ownership market
The market around Treasure Palms
Treasure Palms is too small for its own price trend, so here is the market around it.
In ZIP 32408, 684 homes are on the market and 10% are under contract — a slower corner of Panama City.
Across Bay County, 2,406 homes are active and 434 pending (15% under contract).
In ZIP 32408 (Panama City), 205 homes closed in the last 12 months at a median of $385K, with a median 83 days on market. Right now 389 active and 47 pending listings put supply at about 22.8 months — a soft market. See the live ZIP 32408 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Treasure Palms specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Treasure Palms
Live MLS inventory for Treasure Palms. 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 Treasure Palms 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 Treasure Palms buying strategy.
If we were buying in Treasure Palms 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 Treasure Palms.
Condition, Not Age, Sets the Price
The median home here was built in 1992 and runs around 1,801 square feet of living space, a size profile that has stayed fairly consistent across the community's build eras. That consistency means shoppers can compare homes on layout and condition without wildly different footprints skewing the picture.
No community amenities are identified from current MLS listings, so this is a neighborhood where the value proposition sits with the home itself and its location in Panama City rather than shared recreational infrastructure. Buyers drawn to clubhouse, pool, or gated-amenity communities should look elsewhere; buyers focused on the house and the price of entry will find a straightforward, amenity-free equation here.
The location and the amenities are priced into every listing in Treasure Palms. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community spanning nearly thirty years of construction with no shared amenities to anchor comparisons, pricing a home correctly means reading condition and updates against true comparable sales, not just square footage or age. We track what's actually closing in Treasure Palms and price accordingly, whether you're buying a project or selling one that's already been brought current.
Treasure Palms in 15 seconds.
Tools for a Treasure Palms 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 Treasure Palms sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Treasure Palms, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Treasure Palms home worth?
Get a no-obligation home value based on real comparable sales in Treasure Palms, 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 →
Recently off market in Treasure Palms
Homes in Treasure Palms that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 161 Treasure Palm Drive · off market
| Location | Panama City, Bay County, FL · ZIP 32408 |
|---|---|
| Homes in the community | 114 (FL DOR 2025 assessment roll) |
| Years built | 1986–2015 (median 1992.0) |
| Typical living area | 1,790 sq ft (median) |
| For sale right now | 2 active, 0 pending · median asking $342,700 |
| Owner-occupied (homestead) share | 79% |
Data 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Treasure Palms key facts,” movewithmomentum.com/neighborhoods/treasure-palms, data as of November 11, 2026.
Housing distress & ownership in Treasure Palms, 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.
Every Home for Sale in Treasure Palms Right Now (2)
All 2 active and pending Treasure Palms listings with a detail page, newest first, refreshed twice a day from the MLS.
- 410 Otto Lane, Panama City Beach, Fl 32408 · $335,500 · 3 bd / 2 ba · listed Sep 5, 2026 · listed by Christies International Real Estate Emerald Coast
- 186 Treasure Palm Drive, Panama City Beach, Fl 32408 · $349,900 · 3 bd / 2 ba · listed Aug 18, 2026 · listed by Corcoran Reverie
More Panama City home searches
- All homes for sale in Panama City, FL
- Homes for sale in Bay County, FL
- Panama City home values: what is my house worth?
- ZIP 32408 housing scorecard
- 5 coming-soon communities in Bay County
Panama City guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Home insurance cost
- New construction
- ZIP codes
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
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Panama City? Join Momentum in Panama City: 100% commission, one $12K cap.
10% 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 (2026-11-12).
What it really costs to own in Treasure Palms
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 $2,311/yr across 4 listings here (MLS tax records, 2026-11-12). |
|---|---|
| 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 1993 across 4 listings. An original roof here would be about 33 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 Treasure Palms
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 Treasure Palms
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Treasure Palms will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Treasure Palms?
What share of Treasure Palms is owner-occupied?
When were the homes in Treasure Palms built?
Who is the best real estate agent for Treasure Palms?
How do I find a top Panama City real estate agent who knows Treasure Palms?
Can Momentum Realty connect me with an agent for Treasure Palms?
Where is Treasure Palms, and what county is it in?
Should you buy in Treasure Palms?
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: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (1 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Treasure Palms fits the bigger picture — live prices, inventory, and Momentum Scores: