Carillon Beach

A gated beach town at the county line, with the widest price range on the coast

Carillon Beach is the gated community at the far west end of Panama City Beach, where Bay County meets Walton, with Lake Powell on one side and Camp Helen State Park on the other. It is a planned beach town in the 30A style, with a market street, a mix of houses and condominiums, and its own beach. Listings appear under both counties and under two city names, Carillon Beach and Panama City Beach, which is why this page gathers all of them.

Nowhere else we work does one neighborhood hold a $255,000 sale and a $10,206,000 sale in the same year. The one-bedroom condominiums at Carillon Market Street are the entry point; the Gulf-front houses on Beachside Drive are the top of the Panama City Beach market, full stop.

What sold in the last twelve months

Twenty-eight properties closed between October 2025 and September 2026, down from 48 the year before. The median sale was $1,415,000 and the average $2,024,536, with closings from $255,000 to $10,206,000. Five one-bedroom condominiums averaged $266,600. Nine three-bedroom homes averaged $1,327,556, eight four-bedrooms averaged $2,218,750, three five-bedrooms averaged $4,516,667, and one eight-bedroom Gulf-front house sold for $10,206,000.

Sales took an average of 233 days from listing to closing and closed at 90.4% of original asking. At the top of this market that is normal: there are few buyers for a $4,000,000 beach house in any given month, and the ones who come negotiate.

What is for sale now

As of October 8, 2026 there are seventeen listings: three one-bedroom condominiums from $299,000 to $319,000, four homesites from $595,000 to $1,250,000, three three-bedroom homes from $1,400,000 to $1,579,000, two four-bedrooms from $2,950,000 to $3,975,000, and larger Gulf-front homes up to $15,900,000. Ten of the seventeen say short-term rental is allowed.

What to check before you buy

Carillon has a homeowners' association and, for the condominiums, a separate condominium association, so ask for both budgets and both sets of rules. On a Gulf-front house, ask for the elevation certificate and the flood insurance history; our listing pages show the FEMA flood zone on the map, and here it matters. On a lot, ask about build timelines and the architectural review process before you price the house you mean to put on it. We will get the documents and walk you through them.

Sales figures from the MLS, both boards, October 1, 2025 through September 30, 2026. Active listings as of October 8, 2026. Figures were accurate when written and change with the market. Nothing here is a projection of rental income or an assurance about future assessments.