Panama City Beach, FL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Panama City Beach short-term rental market based on reliable data.

Listings

2699 / 4701

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$44,803

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$407,798

Median Home Sale Price

Top Earners

$73,465

Top-Earners Revenue

Panama City Beach

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Panama City Beach.

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B

Generally Investor friendly

Panama City Beach Regulations

STRs are explicitly allowed in most zoning districts with clear eligibility, and while permitting involves moderate steps (state DBPR license, BTR, TDC registration, city inspection, signage), fees are manageable ($250 registration, $150 re-registration) and operations can continue pending inspection. There are no meaningful caps on STRs, annual renewals are known processes, and the tone is supportive, keeping investor risk moderate.

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Local STR Agent

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About Panama City Beach

Panama City Beach, Florida, is a vibrant coastal city located in the northwestern part of the state, on the Gulf of Mexico. Known for its stunning white-sand beaches and crystal-clear waters, this city offers a picturesque and desirable destination for visitors. The population of Panama City Beach is approximately 13,000 residents, though this number can fluctuate significantly with the influx of tourists throughout the year. The city lies around 100 miles southwest of Tallahassee, the closest major city, providing convenient access to urban amenities while maintaining a relaxed beach-town atmosphere.

A popular destination for short-term rentals, Panama City Beach boasts several notable landmarks and attractions. St. Andrews State Park (https://www.floridastateparks.org/parks-and-trails/st-andrews-state-park)) offers outdoor enthusiasts a chance to explore nature trails, picnic areas, and pristine beaches, making it a perfect spot for family outings. Pier Park (https://www.visitpanamacitybeach.com/things-to-do/shopping/pier-park/)) is a premier shopping and entertainment hub with numerous shops, restaurants, and attractions, attracting both locals and tourists.

The city's appeal for short-term rentals is further enhanced by its array of accommodations, ranging from beachfront condos to charming vacation homes. These rentals cater to various preferences and budgets, providing visitors with flexible lodging options. Additionally, the proximity to popular attractions like Shipwreck Island Waterpark (https://www.shipwreckisland.com/)) and Gulf World Marine Park (https://gulfworldmarinepark.com/)) ensures that there is always something entertaining to do.

Overall, Panama City Beach's natural beauty, combined with its array of attractions and convenient location, makes it an appealing spot for short-term rentals, drawing in tourists seeking both relaxation and adventure.

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