Panama City, FL - Baywood Shore Estates, Panama City, FL
Panama City, FL - Baywood Shore Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Baywood Shore Estates, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Panama City, FL - Baywood Shore Estates Neighborhood Overview
Baywood Shore Estates is a residential neighborhood located in Panama City, Florida, within the 32401 ZIP code. This community offers a suburban atmosphere with convenient access to the amenities of a larger coastal city. Its location provides residents with a blend of quiet living and proximity to the region's famous beaches.
Lifestyle & Amenities
Residents enjoy a relaxed, suburban lifestyle with the Gulf Coast's recreational opportunities just a short drive away. The neighborhood itself is primarily residential, with shopping, dining, and entertainment options available in nearby commercial areas of Panama City. The local lifestyle balances the tranquility of a neighborhood setting with the vibrant activities of the Florida Panhandle.
Real Estate Market
The real estate market in Baywood Shore Estates features a median home value of $172,200, with homes spending an average of 69 days on the market. The median monthly rent is $1,055, and the area has a homeownership rate of 57%, indicating a mix of owners and renters. The price per square foot for homes is approximately $297.43.
Schools & Education
Families in Baywood Shore Estates are served by the Bay County School District. The specific schools assigned to the neighborhood can vary, so prospective residents should verify current district zoning. The area provides access to the public education system serving the greater Panama City region.
Transportation & Connectivity
The neighborhood is conveniently accessed via major local roads connecting to Panama City's broader infrastructure. Residents rely primarily on private vehicles for daily commuting and errands. Its location provides straightforward routes to downtown Panama City, shopping centers, and the area's highway network.
Why Choose Panama City, FL - Baywood Shore Estates
Baywood Shore Estates is an attractive choice for those seeking affordable homeownership near the Florida coast, with a median household income of $46,603. It offers a stable community with a majority homeowner base and a cost of living reflected in its median home and rental prices. The neighborhood provides a practical and accessible base for enjoying the Panama City lifestyle.
Panama City, FL - Baywood Shore Estates Market Data
| Metric | Value |
|---|---|
| Median Home Price | $172K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $47K |
| Homeownership Rate | 56.7% |
| Renter-Occupied | 43.3% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 32401 |
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12