Panama City, Florida

A Coastal City with Depth to Match its Shoreline

Panama City is the county seat of Bay County and a city that tends to surprise people who only know it as the mainland neighbor to Panama City Beach. Situated along St. Andrews Bay, it offers a more residential, year-round lifestyle while still enjoying close access to the Gulf's white sand beaches. 

The revitalized Historic Downtown features walkable streets lined with local boutiques, restaurants, art galleries, and waterfront parks, while the St. Andrews neighborhood offers an old town feel with eclectic markets, live music, and a strong sense of community. Other established neighborhoods like Forest Park and the Cove are known for their tree-lined streets, mature landscaping, and quiet, family-friendly character.

The real estate market in Panama City is notably diverse, ranging from affordable starter homes and mid-century ranch-style residences to custom-built bayfront estates. Following Hurricane Michael in 2018, significant rebuilding has brought a wave of updated construction and resilient new housing options to the area, steadily supporting property values. For buyers looking for more space, more value, and a genuine sense of place within easy reach of the beach, Panama City is a city worth a closer look.