Is Panama City Beach, FL a good place to invest in rental property?

Panama City Beach, FL has a median modeled monthly cash flow of $-1,407 and a median cap rate of 2.6%, on a median sold price of $419,900. Prices changed -7.1% year over year.

What is the average cap rate in Panama City Beach, FL?

The median cap rate across recently sold homes in Panama City Beach, FL is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Panama City Beach, FL?

The median sold price in Panama City Beach, FL is $419,900 (about $273 per square foot).

Investing in Panama City Beach, FL Real Estate

A data-driven snapshot of the Panama City Beach, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$419,900Median sold price

$273Median $/sqft

2.6%Median cap rate

$-1,407Modeled cash flow / mo

-7.1%Appreciation YoY

88.3Months of supply

1,730Active listings

235Sold (last 12 mo)

What the Panama City Beach numbers say

In Panama City Beach, FL, the median home sold for $419,900 (about $273 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,407 of monthly cash flow. Sold prices moved -7.1% over the past year. Inventory sits at about 88.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Panama City Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Panama City Beach, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Panama City Beach deals, or browse the national market data.