More Reasons to Buy in Panama City Beach

In October of 2006, Panama City Beach was honored as the #1 place to buy real estate according to CNN Money's "Top 10 Cities: Where to Buy Now." Using metro region statistics, the magazine Business 2.0 predicted that over the next five years Panama City Beach will have a 72% projected gain in home prices." Across the short bridge from Panama City lies Panama City Beach - 27 miles of soft white sand beaches, excellent diving and unique activities for the family. In recent years, a revitalizing effort by developers has resulted in a multitude of new resorts, luxury condos and rentals for vacationers in Panama City Beach. These are just a few of the many "coming attractions".

Jimmy Buffet Margaritaville coming to Pier Park!

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•  New 900,000 square foot retail and entertainment complex

•  Located on 93 acres between Front Beach Road and Highway 98

•  Featuring stores like Target (now open), Back Porch Seafood House, Reggae J's Island Grill, Ron Jon Surf Shop, Panera Bread, Old Navy, Johnny Rockets, Longhorn Steakhouse and Starbucks.

•  Developed by Simon Property Group, Inc.

•  Grand 16 Theatre at Pier Park - largest movie theatre in the area with 16 screens and 3,200 seats.

•  First phase open and final phase expected to open in spring of 2008.

New Aquatic Center at Frank Brown Park

•  $4,000,000 facility able to host national and international competitions for swimming, diving, water polo and synchronized swimming.

•  Includes a competitive swimming pool, heated indoor pool and children's water play area.

•  Frank Brown Park also includes softball/baseball fields, soccer fields, multi-purpose fields, tennis courts, basketball court, sand volleyball court, picnic pavilion, dog play area and festival area.

Front Beach Road Improvements

•  Will offer improvements for transportation networks and pedestrians by adding sidewalk and bike/tram lane.

•  "Streetscape Design" with blend of materials, colors and textures; also containing street lights and benches.

•  Will make Panama City Beach more "pedestrian friendly".

•  Also includes placing utilities underground.

CNN Money's "Top 10 Cities: Where to Buy Now."

Latest developments on the new international airport.