Treasure Palms
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of October 2026, Treasure Palms in Panama City, FL has 1 home for sale. Homes listed or recently sold were built 1989–1998; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 18 ft).
| Location | Panama City, Bay County, FL · ZIP 32407, 32408, 32456 |
|---|---|
| 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 | 1 active, 0 pending · median asking $335,500 |
| Owner-occupied (homestead) share | 79% |
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; 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 September 20, 2026.
Last 30 days in Treasure Palms: 1 new listing (median asking $365,000). As of October 2, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
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 2026-10-01, 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.
Every Home for Sale in Treasure Palms Right Now (3)
All 3 active and pending Treasure Palms listings with a detail page, newest first, refreshed twice a day from the MLS.
- 161 Treasure Palm Drive, Panama City Beach, Fl 32408 · $365,000 · 3 bd / 2 ba · listed Sep 28, 2026 · listed by Christies International Real Estate Emerald Coast
- 186 Treasure Palm Drive, Panama City Beach, Fl 32408 · $355,500 · 3 bd / 2 ba · listed Aug 18, 2026 · listed by Corcoran Reverie
- 410 Otto Lane, Panama City Beach, Fl 32408 · $335,500 · 3 bd / 2 ba · listed Jul 24, 2026 · listed by Christies International Real Estate Emerald Coast
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.
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; 73% 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.
The setting & the homes.
Aerial and on-site photos of Treasure Palms. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Treasure Palms
Treasure Palms
Treasure PalmsPhotos from CPAR MLS listings in Treasure Palms; content deemed reliable but not guaranteed.
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 32407, 488 homes are on the market and 14% 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 32407 (Panama City), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 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.
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.
Treasure Palms 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, tiles © CARTO.
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.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
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 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 →
11% 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 (2026-09-29).
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.
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32407/32408/32456)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (84 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. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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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:
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