CONSTRUCTION PIPELINE

Florida Panhandle Q2 2025

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

Construction Pipeline

Pipeline Data Map

Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 5/15/2025, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Zatitude at Freedom Tech Center500 Liberty Lane NWFort Walton BeachFL32547312In Pre-Lease/Lease Up PhaseAug-24Jun-24
Quinn, The5251 West 9 Mile RoadPensacolaFL32526324In Pre-Lease/Lease Up PhaseNov-24Sep-24
Saltaire169 Ocean Walk LaneSanta Rosa BeachFL32459256In Pre-Lease/Lease Up PhaseDec-24Oct-24
Lyria8707 North Davis HwyPensacolaFL32514330In Pre-Lease/Lease Up PhaseJan-24Nov-24
Waters at Crestview, The200 Mirage AvenueCrestviewFL32536288In Pre-Lease/Lease Up PhaseJan-24Nov-24
Jewel at Santa Rosa Beach158 Malachite WaySanta Rosa BeachFL32459408In Pre-Lease/Lease Up PhaseJan-24Oct-24
Casara Pensacola6225 Mobile HwyPensacolaFL3252686Under ConstructionJul-25
Ascend at Pathstone8533 Riverstone DrivePensacolaFL32526300Under ConstructionAug-25
Arris SeahavenFront Beach Road & Hills RoadPanama City BeachFL32413236Under ConstructionMar-26
Vintage Lake Powell24000 Panama City Beach PkwyPanama City BeachFL32413289Under ConstructionOct-26
96 Thompson Road96 Thompson RoadSanta Rosa BeachFL32459100Under ConstructionSep-26
Botanic Miramar Beach12958 US Route 98Miramar BeachFL32550321Under ConstructionAug-26
Rosemary Place266 EMR AvenueFreeportFL3243972Under ConstructionJun-25
Waters at FreeportBlackfin Drive & Marquis WayFreeportFL32439226Under ConstructionSep-26
Retreat at Redstone2500 East Redstone AvenueCrestviewFL32539158Under ConstructionMay-26
Pointe Grande Pensacola8651 Airway DrivePensacolaFL32514288Under ConstructionJul-26
Waters at Ransley Phase II, The8890 Ransley Station BlvdPensacolaFL32534294Under ConstructionDec-26
Arcadia 331435 Encore WayFreeportFL32439258Under ConstructionJul-25
Parkway Garden Redevelopment5818 East Highway 98Panama CityFL3240484Prospective
Seawind401 North Kimbrel AvenuePanama CityFL32404404Prospective
Tyndall Town Center918 North Tyndall PkwyPanama CityFL32404375Prospective
Village Retreat5417 Lake DrivePanama CityFL3240475Prospective
Coastal PalmsCoastal Palms Blvd & Thomas DrivePanama CityFL32408289Prospective
Hombre GolfCoyote Pass & Hombre CirclePanama City BeachFL32407260Prospective
JCF Clara Living241 Devitt StreetPanama City BeachFL32407228Prospective
JCF Clara123NWC Cox Grade Road & Panama City Beach PkwyPanama City BeachFL32407300Prospective
JCF Waterfront Living4600 Magnolia Beach RoadPanama CityFL3240879Prospective
Ocean ParkSWC Lake Powell Drive & Lakeview DrivePanama City BeachFL3241380Prospective
Sky Zone Trampoline ParkPanama City Beach Pkwy & Powell Adams RoadPanama City BeachFL3241350Prospective
33rd Street & Frankford Avenue33rd Street & Frankford AvenuePanama CityFL32405304Prospective
Callaway Bayou TownhomesHugh Thomas Drive & Wewa HwyCallawayFL32404276Prospective
Conservation Drive & Griffin BlvdConservation Drive & Griffin BlvdPanama City BeachFL32413100Prospective
JCF Living Clara NorthClara Avenue & Power Line RoadPanama City BeachFL32407278Prospective
Zona Nehi5441 Nehi RoadPanama CityFL32404324Prospective
Zona Nehi Phase II5441 Nehi RoadPanama CityFL32404288Prospective
Arris24735 Highway 331Santa Rosa BeachFL32459142Prospective
Bella Rosa in the PinesSEC Sugar Drive & US Highway 98Santa Rosa BeachFL32459158Prospective
Optima WatersoundUS Highway 98 & North Watersound PkwyWatersoundFL32462300Prospective
South Walton County Town Center1326 JD Miller RoadSanta Rosa BeachFL3245990Prospective
US Highway 98 & US Highway 331US Highway 98 & US Highway 331Santa Rosa BeachFL32459100Prospective
201 North Lloyd Street201 North Lloyd StreetCrestviewFL32536258Prospective
Air Force Enlisted Village1000 Hawthorn House DriveShalimarFL3257951Prospective
Charleston PlaceIndustrial Drive & Richbourg LaneCrestviewFL32539279Prospective
Lenox Bay1 Miracle DriveMary EstherFL32569162Prospective
Renaissance Santa Rosa Phase II200 Page Bacon RoadMary EstherFL32569206Prospective
7454 Jesse Road7454 Jesse RoadNavarreFL32566100Prospective
CorryLexington Terrace & South Old Corry Field RoadPensacolaFL3250775Prospective
Dogwood Drive Townhomes280 Dogwood DrivePensacolaFL3250592Prospective
Magnolia Trail1200 North 57th AvenuePensacolaFL3250688Prospective
Retreat, The4938 Mobile HwyPensacolaFL32506224Prospective
Tree of Life2602 West Lee StreetPensacolaFL32505100Prospective
7201 US Highway 987201 US Highway 98PensacolaFL3250670Prospective
Bellview Terrace6070 Mobile HwyPensacolaFL3252686Prospective
Pine MeadowsGodwin Lane & Pine Forest RoadBellviewFL3252696Prospective
Herons Landing Townhomes899 Dog Track RoadPensacolaFL32506135Prospective
Navy Crossing8485 US 98 HwyPensacolaFL3250673Prospective
Pescador Landing17290 Perdido Key DrivePensacolaFL32507144Prospective
Kemp RoadKemp Road & Twiggs LanePensacolaFL3250570Prospective
Oakfield6000 St. Elmo StreetPensacolaFL32503300Prospective
Silurian Pond Phase II3000 Hollywood AvenuePensacolaFL32505105Prospective
Summer Meadows6040 Hilburn RoadPensacolaFL3250460Prospective
Westmore, The215 West Garden StreetPensacolaFL32502328Prospective
Bayou Cottages4547 Bayou BlvdPensacolaFL3250472Prospective
Woodchuck Avenue1301 Woodchuck AvenuePensacolaFL3250480Prospective
9200 Fowler9200 Fowler AvenuePensacolaFL32534252Prospective
Leah Gardens9701 Chemstrand RoadPensacolaFL3251490Prospective
Woodland Place8221 Pittman AvenuePensacolaFL32534166Prospective
Magnolia Square2879 East Olive RoadPensacolaFL32514108Prospective
McVoy Townhomes3375 South Highway 97CantonmentFL32533128Prospective
Old Chemstrand Road2600 Old Chemstrand RoadCantonmentFL3253350Prospective
OLF - 8West 9 Mile Road & Patrick LanePensacolaFL32526100Prospective
Riverchase at Pathstone9091 Klondike RoadPensacolaFL32526213Prospective
Arbors at Lynn Haven Bluffs235 West 15th StreetLynn HavenFL32444138Prospective
Arcadia at Hwy 20189 County Hwy 83A WestFreeportFL32439352Prospective
Osprey Pines830 J D Miller RoadSanta Rosa BeachFL3245988Prospective
Hayden Place1201 North P StreetPensacolaFL3250590Prospective
Community Maritime ParkSouth De Villiers Street & West Cedar StreetPensacolaFL32502280Prospective
HathawayChip Seal Pkwy & US Highway 98Panama City BeachFL32407232Planned
Exchange at SweetBayFrankford Avenue & Pacifica AvenuePanama CityFL32405256Planned
Bowline, TheGoldsby Road & US Route 98Santa Rosa BeachFL32459162Planned
Enclave at Midtown Navarre, TheHartington Drive & James M. Harvell RoadNavarreFL3256664Planned
Towns at Olde Barrancas, The3180 Barrancas AvenuePensacolaFL3250777Planned
Heights at East Garden, The110 East Garden StreetPensacolaFL32502242Planned
Romero, TheSouth Clubbs Street & West Main StreetPensacolaFL32502282Planned
Airway550 East Ensley StreetPensacolaFL32514240Planned
Nathan Road Duplexes7040 Nathan RoadPensacolaFL3252652Planned
Brookchase at Pathstone4444 Youpon RoadPensacolaFL32526118Planned

METHODOLOGY

Matt Ledom - Senior Managing Director

Matt Ledom

Senior Managing Director

matt.ledom@mmgrea.com

Jhamil Moore - Senior Advisor

Jhamil Moore

Senior Advisor

jhamil.moore@mmgrea.com

Michael Barrett

Michael Barrett

Associate

michael.barrett@mmgrea.com

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AS FEATURED IN

Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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