The highest-value homes in Panama City
Every city has its showpiece homes — the ones that define luxury living. And as prices continue to rise across the U.S., the most valuable properties showcase just how high local markets can go. The high-end housing market in particular has reached in 2025, with the typical luxury home selling for a record $1.35 million in March. The million-dollar price tag even qualifies as "luxury" in most places.
So, what do Panama City's most glamorous homes look like? To find out, found the city's highest-value homes based on their .
#1. 3807 Delwood Dr, Panama City, FL 32408
- Approximate home value: $8,238,750
- Beds: 5
- Baths: 6
- Square feet: 16,395
- See 3807 Delwood Dr, Panama City, FL 32408 on
#2. 5939 Gulf Dr, Panama City, FL 32408
- Approximate home value: $5,579,957
- Beds: not available
- Baths: not available
- Square feet: not available
- See 5939 Gulf Dr, Panama City, FL 32408 on
Methodology
Redfin Estimate data as of September 11, 2025. Bedroom, bathroom, and square footage data may not be available or accurate. Secondary addresses may not be included. Value estimates may not reflect what the house could actually sell for.
