Performance indicators for the Panama City short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Panama City.
Loading top listings...
Generally Investor friendly
STRs are clearly permitted in most areas citywide and countywide, with no caps, a straightforward multi‑step process, moderate fees (~$250 registration, $75 re‑inspect, $100 lockout) and clear inspection and signage rules. The biggest constraints are the DBPR license, TDT, BTR, building‑type exclusions (condos/timeshares), and posting/reporting obligations—manageable yet not negligible for investors.
Local STR Agent
STR specialist · Panama City, FL
Overview of Panama City, FL
Panama City, located in the Florida Panhandle, is known for its stunning coastal environment, with pristine beaches and emerald waters of the Gulf of Mexico. As of the latest estimates, the city's population is approximately 36,000 residents. It is situated about 100 miles southwest of Tallahassee, the closest major city.
Landmarks and Attractions
Panama City is home to numerous attractions that make it appealing for short-term rentals:
St. Andrews State Park - A 1,260-acre state park renowned for its sandy dunes, fishing jetties, and snorkeling spots. More information can be found on the official park website: St. Andrews State Park.
Panama City Beach - Famous for its 27 miles of white sand beaches, it’s a major draw for tourists seeking sun, sea, and a variety of water activities. Details are available at Visit Panama City Beach.
Pier Park - A premier shopping and entertainment complex featuring numerous retail shops, restaurants, and an amusement park. Learn more at Pier Park.
Ripley's Believe It or Not! Odditorium - An intriguing museum showcasing oddities and artifacts from around the globe. Additional information can be found on their website: Ripley's Panama City Beach.
These attractions, coupled with the city's moderate climate and easy access to the gulf coast, make Panama City an ideal location for vacationers. Consequently, it has a robust market for short-term rentals, which capitalizes on seasonal tourism.
Accessibility
Panama City is served by the Northwest Florida Beaches International Airport (ECP), which is approximately 20 miles from the city center, providing convenient access for domestic and international travelers.
In summary, Panama City's beautiful beaches, diverse attractions, and easy accessibility contribute to its strong appeal for short-term rentals, attracting tourists of all ages and interests.