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Dream Destin Realty

Panama City Beach · Building Market Report

Majestic Beach Towers

Every number a buyer, seller, or investor needs on one building: live inventory and closed-sale history - refreshed monthly from MLS data.

Inventory updated daily · Sale statistics updated August 10, 2026 · Next statistics update early October 2026

How the building is trading

6 units closed at Majestic Beach Towers in the trailing 12 months at a median of $440,000, with a 96.9% median list-to-sale ratio. On the active side, 5 of 9 listings sit below original list price, and standing inventory works out to 18.0 months of supply at the current sales pace.

A single figure quoted for this address blends two buildings with separate declarations, separate assessment histories and clocks a year apart. What it does not blend, and what this page wrongly claimed until 2026-08-23, is two different flood positions: both towers stand seaward of the control line and the federal map returns a velocity zone at a 14 foot base flood elevation inside each of them. Any apparent bargain in the older tower that was being explained by a gentler hazard position was being explained by an error. The distortion that is real here is proportion: with 329 of the 523 units in the 2005 building, the middle of any sample tends to describe that building rather than the address. Ask which tower, then ask for that tower's current structural study and insurance summary before comparing anything.

-23.9%Median sale price YoY
-4.7%Sold $/sq ft YoY
+100.0%Closed sales YoY6 vs 3 closings
-41.2%Days on market YoY

Year-over-year figures compare the 12 complete calendar months from August 2025 through July 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through August 10, 2026 rather than by whole calendar months.

$569K$515K$646K$508K$425K202120222023202420252026 YTD
Median sale price by year at Majestic Beach Towers
Median sale price by year at Majestic Beach Towers
PeriodValue
2021$569K
2022$515K
2023$646K
2024$508K
2025$425K
2026 YTDSample too small
$469$522$528$496$468202120222023202420252026 YTD
Median sold price per square foot by year
Median sold price per square foot by year
PeriodValue
2021$469
2022$522
2023$528
2024$496
2025$468
2026 YTDSample too small
020Aug 24Nov 24Feb 25May 25Aug 25Nov 25Feb 26May 26Jul 26
Closed sales by month, trailing 24 months
Closed sales by month, trailing 24 months
PeriodValue
Aug 240
Sep 241
Oct 240
Nov 240
Dec 240
Jan 250
Feb 250
Mar 250
Apr 250
May 250
Jun 251
Jul 251
Aug 250
Sep 252
Oct 250
Nov 251
Dec 251
Jan 262
Feb 260
Mar 260
Apr 260
May 260
Jun 260
Jul 260

The monthly charts cover the 24 complete calendar months from August 2024 through July 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.

Based on information from ECAR for the period August 11, 2021 through August 10, 2026.

From the active file

9 units are on the market at Majestic Beach Towers today - a sample of the current file:

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

The investor file

Acquisition profile - computed from ECAR MLS data by Dream Destin Realty
Typical acquisition (median, 12 mo)$440,000
Middle-half range (25th-75th pct, 9 priced sales / 24 mo)$400,000 - $578,000
Median price, 2021 to 2025-25.3% ($569,000 to $425,000)
Average sale price (12 mo)$472,333
Sales volume, trailing 12 months$2,834,000
Sale price range, trailing 12 months$354,000 - $750,000
Activity by bedroom count at Majestic Beach Towers
BedroomsActiveSold (12 mo)Median Sale Price
1 BR11Sample too small
2 BR43$445,000
3 BR40Sample too small
4 BR01Sample too small

1 of the trailing-12 closings does not carry a recorded bedroom count and cannot appear in these rows.

Based on information from ECAR for the period August 11, 2021 through August 10, 2026.

Rental rules on the MLS today: 8 of 9 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.

Reading this file

Where do these numbers come from?

Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period August 11, 2021 through August 10, 2026.

Why is there no list of individual sold units?

6 units closed at Majestic Beach Towers in the trailing 12 months, from $354,000 to $750,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report and we'll walk you through it.

How are thin samples handled?

Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.

Thinking about buying or selling at Majestic Beach Towers?

We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.

Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.

Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of August 10, 2026.

Sources