Watch Before Buying a Condo in Panama City Beach FL in 2024

There's a lot of negative talk right now on condos in Florida in general. In this video, I explore the factors putting upward pressure on condo association dues, what the root causes are, and how it will all play out in 2024. The condo market has changed rapidly in 2023 in Florida overall and in Panama City Beach.

If you were looking to purchase in 2024, I break down what to expect, and how to best prepare yourself to be successful in the current Panama City Beach real estate market. Also, the rental market, and the types of investors that are a good fit, and those that are not a good fit are discussed.

With elevated cost of ownership and interest rates, inventory has risen. There is much more inventory than there has been in recent years, in quality buildings and floor plans. Some investors could find opportunity in the current landscape to get into rarer inventory.

If you are interest in the area and would like to talk to a real estate agent in Panama City Beach that's familiar with the landscape, feel free to reach out to me anytime. I enjoy connecting with viewers of my channel!

Eric Leitten
[email protected]
Text: 850.496.1671

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