PANAMA CITY BEACH, FL – The St. Joe Company announced the completion of North Bay Landing, an apartment community located in Panama City, Florida on Star Avenue, approximately one mile from State Road 231. This 240-unit apartment community represents a significant addition to the city’s rental housing market, and it is already over 90% leased.
North Bay Landing offers a diverse selection of residential floor plans, catering to various needs. The community s amenities include a zero-entry pool, playground, dog park, and a fitness center.
North Bay Landing was fully completed in June 2023. The community offers one- and two-bedroom apartments, as well as three-bedroom townhome-style apartments which include garages. The location’s proximity to the growing State Road 231 corridor, as well as nearby schools, several area employers, and Tyndall Air Force Base makes this community especially suitable for working families.
“The completion of this apartment community addresses a pressing need for more housing options in our area,” says Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. We set out to develop a community that would appeal to working families, teachers, first responders, and military personnel and their families. Over half of our residents are public servants that fit into one of these categories, which demonstrates the need for this type of housing in Bay County.
With the North Bay Landing now fully open, the portfolio includes a total of 1,024 completed multi-family and senior living units, with 359 additional multi-family and senior living units currently under construction.