1. Pre-Construction Condos: There are several new condo developments underway in Panama City Beach and other parts of Bay County. These offer an excellent opportunity for investors to get in on the ground floor at a discounted price.
2. Fixer-Uppers: With the hurricane damage from Hurricane Michael, there are many homes and properties that need to be repaired or rebuilt. This presents a great opportunity for investors who are handy or have construction experience.
3. Rentals: The demand for rentals is high in Bay County due to the influx of people coming to rebuild after the hurricane. This presents a great opportunity for investors to buy properties and rent them out.
4. Vacation Homes: Bay County is a popular vacation destination, so there is always a demand for vacation homes. This presents an excellent opportunity for investors to purchase properties and either rent them out or sell them when the market is right.
Price Index: Panama City, FL