Villas Of Panama
Homes for Sale in Panama City Beach, FL
All 731 homes for sale in Panama City Beach, FL · median $365,000 · 348 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, Villas Of Panama in Panama City Beach, FL has 2 homes for sale. As of October 2026, the MLS records 15 closed sales in Villas Of Panama in Panama City Beach, FL since 2017, the most recent in March 2026. Across Panama City Beach as a whole, 18 homes closed in the last 12 months at a median of $425,000, 76 median days on market, with 5 homes for sale today. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,220 ($4,730 with the full homestead exemption).
Last 30 days in Villas Of Panama: 2 new listings (median asking $734,000). As of October 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.
The market around Villas Of Panama
Villas Of Panama is too small for its own price trend, so here is the market around it.
In ZIP 32408, 757 homes are on the market and 11% are under contract — a slower corner of Panama City Beach.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
ZIP and county figures describe the wider market, not Villas Of Panama specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Villas Of Panama
Live MLS inventory for Villas Of Panama. 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 Villas Of Panama 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 Villas Of Panama buying strategy.
If we were buying in Villas Of Panama 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 Villas Of Panama.
A closer look at the Villas Of Panama market
The housing stock is 591 homes built between 1935 and 2024, and 13% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Villas Of Panama. The deal is won or lost on condition, the comps, and the renovation math.
What it really costs to own in Villas Of Panama
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 $5,981/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 2004 across 4 listings. An original roof here would be about 22 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 Villas Of Panama
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 Villas Of Panama
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Villas Of Panama will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $200/month (about $2,400/yr) · median of 105 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $200 per month ($2,400 a year) — the median AssociationFee across 105 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 Villas Of Panama 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 Villas Of Panama sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Villas Of Panama, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Villas Of Panama home worth?
Get a no-obligation home value based on real comparable sales in Villas Of Panama, 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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Recently off market in Villas Of Panama
Homes in Villas Of Panama 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.
- 7824 Thomas Drive · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32408 |
|---|---|
| Homes in the community | 591 (FL DOR 2025 assessment roll) |
| Years built | 1935–2024 (median 2003.0) |
| Typical living area | 1,730 sq ft (median) |
| For sale right now | 2 active, 1 pending · median asking $734,000 |
| Owner-occupied (homestead) share | 13% |
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, “Villas Of Panama key facts,” movewithmomentum.com/neighborhoods/villas-of-panama, data as of September 20, 2026.
Housing distress & ownership in Villas Of Panama, Panama City Beach
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 Villas Of Panama
The newest homes for sale in Villas Of Panama right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 7827 Beach Drive, Panama City Beach, FL 32408 $779,000 · 4 bd · 4 ba · 17 days on market Courtesy of Christies International Real Estate Emerald Coast
- 7818 Thomas Drive, Panama City, FL 32408 $689,000 · 3 bd · 3 ba · 21 days on market Courtesy of Compass Florida, LLC
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Villas Of Panama Right Now (2)
All 2 active and pending Villas Of Panama listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7827 Beach Drive, Panama City Beach, Fl 32408 · $779,000 · 4 bd / 4 ba · listed Aug 24, 2026 · listed by Christies International Real Estate Emerald Coast
- 7818 Thomas Drive, Panama City, Fl 32408 · $689,000 · 3 bd / 3 ba · listed Aug 22, 2026 · listed by Compass Florida, LLC
More Panama City Beach home searches
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- ZIP 32408 housing scorecard
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Panama City Beach 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
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Beach Drive (1 homes on record)
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).
Frequently Asked Questions
How many homes are in Villas Of Panama?
What share of Villas Of Panama is owner-occupied?
When were the homes in Villas Of Panama built?
Who is the best real estate agent for Villas Of Panama?
How do I find a top Panama City Beach real estate agent who knows Villas Of Panama?
Can Momentum Realty connect me with an agent for Villas Of Panama?
Where is Villas Of Panama, and what county is it in?
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 19, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2017 (15 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.
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See how Villas Of Panama fits the bigger picture — live prices, inventory, and Momentum Scores:
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