🇺🇸 Panama City Beach is a resort town in Bay County, Florida, United States, on the Gulf of Mexico coast. The city is often referred to under the umbrella term of "Panama City". Panama City Beach's slogan is "The World's Most Beautiful Beaches" due to the unique, sugar-white sandy beaches of north-west Florida.
A construction boom in the early to mid-2000s changed the image of the area due to the older homes and motels being replaced with high-rise condominiums and more expansive homes. However, this is turning unobstructed, low-rise beach views and affordable waterfront property into rarities. At the peak of the real estate boom, many beachfront properties had quadrupled or more in value since 2000. In November 2006 CNN/Money named Panama City Beach the No. 1 real estate market in America for the next five years in. Beachfront property has sold for upwards of $60,000 per "front foot" (linear foot) at the top of the market. The downturn in the U.S. real estate market in 2007, combined with a surge of new condo construction, brought spiraling prices somewhat under control. With the real estate boom, Panama City Beach became a well known destination for spring break.
The city is located in the panhandle on the Gulf of Mexico. The main roads through the city are U.S. Route 98 and Florida State Road 30. US 98 runs from north-west to south-east just inland from the coast, leading east 10 mi (16 km) to Panama City and north-west 47 mi (76 km) to Destin. FL-30 runs along the coast from north-west to south-east as Front Beach Rd, leading east to Panama City and north-west 15 mi (24 km) to Rosemary Beach. There are approximately 9 miles (14 km) of shoreline in Panama City Beach fronting the Gulf of Mexico.
Transportation The new Northwest Florida Beaches International Airport provides commercial flights into the area. The airport serves private aircraft, domestic passenger flights, and freight/cargo flights. It is the first international airport to be constructed after the September 11 terrorist attacks. Other modes of transportation include scooters, which can be rented by the day, as well as taxi and shuttle companies, which are permitted by the local police.
Panama City Beach also has a road trolley system available which runs hourly. The Bay Town Trolley system runs throughout the county giving its tourists and locals the resource they need to get around Bay County.
Panama City Beach has a population of over 12,018 people. Panama City Beach also forms part of the wider Bay County which has a population of over 175,216 people. Panama City Beach is situated near Panama City.