Panama City Beach Condos

By
Real Estate Agent with Berkshire Hathaway HomeServices | Pen Fed Realty 3107554

This month in Panama City Beach, FL there are 1,110 condos avaiilable for sale.  Wow, that is a lot of inventory.  Of these the lowest priced condo is $37,900 for 480 square foot of space and the highest price condo in Panama City Beach today is $1,400,000.

Of these 1,110 condos for sale there are 738 of them that are directly on the Gulf of Mexico.  The lowest priced Gulf Front condo is $62,000 and the highest priced condo is $1,400,000.

If you are looking for a condo in Panama City Beach, know this.......not only must you qualify for a mortgage on a condo, but the complex must also pass certain criteria in order for a lender to back a loan.  For instance, it cannot have more condos in default than it does have paying condo owners.  Condos require at least 25% down, strong credit, and a complex that is healthy.

This is where my local knowledge of the market comes in handy.  I know which condos to suggest as a good buy and which ones to avoid.  Work with an Accredited Buyer's Representative and a Certified Residential Specialist when you buy.

By the way, now is an EXCELLENT time to buy.

Kelly Klein, Lifeguard Real Estate, Inc.

Broker / Owner

Http://www.KellyKleinSoldMine.com

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Kelly Klein

"Doing Great Things Today to Improve Tomorrow"
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