CONSTRUCTION PIPELINE
UNITS UNDER CONSTRUCTION
IN PRE-LEASE /
LEASE UP PHASE
UNITS PLANNED
For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.
Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.
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 5/14/2026, 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.
| Property Name | Address | City | State | ZIP | Units | Status | Forecasted Completion |
|---|---|---|---|---|---|---|---|
| Ascend at Pathstone | 8533 Riverstone Dr | Pensacola | FL | 32526 | 300 | Pre-Lease / Lease Up | Aug 2025 |
| Pointe Grand Panama City | 723 W 19th St | Panama City | FL | 32405 | 300 | Pre-Lease / Lease Up | Aug 2025 |
| Vintage Lake Powell | 24200 Panama City Beach Pkwy | Panama City Beach | FL | 32413 | 290 | Pre-Lease / Lease Up | Oct 2025 |
| Retreat at Redstone | 2500 E Redstone Ave | Crestview | FL | 32539 | 160 | Pre-Lease / Lease Up | Oct 2025 |
| Saltaire | 169 Ocean Walk Ln | Santa Rosa Beach | FL | 32459 | 256 | Pre-Lease / Lease Up | Oct 2025 |
| The Waters at Freeport | 185 Marquis Way | Freeport | FL | 32439 | 226 | Pre-Lease / Lease Up | Oct 2025 |
| Botanic Miramar Beach | 225 Botanic Way | Miramar Beach | FL | 32550 | 321 | Pre-Lease / Lease Up | Jan 2026 |
| Sandbar | 360 Orleans Avenue | Santa Rosa Beach | FL | 32459 | 210 | Pre-Lease / Lease Up | Feb 2026 |
| Pointe Grande Pensacola | 8651 Airway Dr | Pensacola | FL | 32514 | 228 | Pre-Lease / Lease Up | Mar 2026 |
| The Bowline | 647 Goldsby Road | Santa Rosa Beach | FL | 32459 | 162 | Pre-Lease / Lease Up | Apr 2026 |
| The Romero | 390 S Clubbs St | Pensacola | FL | 32502 | 282 | Pre-Lease / Lease Up | Jun 2026 |
| The Oasis at Seahaven | 201 Hills Rd | Panama City Beach | FL | 32413 | 230 | Pre-Lease / Lease Up | Jun 2026 |
| Townhomes at Peacock Crossings | 7040 Nathan Rd | Pensacola | FL | 32526 | 53 | Under Construction | Jul 2026 |
| Valora Cottages at Crestview | 261 Soprano Dr | Crestview | FL | 32536 | 232 | Under Construction | Jul 2026 |
| The Flats at Ransley | 8889 Ransley Station Blvd | Pensacola | FL | 32534 | 296 | Under Construction | Jul 2026 |
| Exchange at Owls Head | 585 Claudia Cir | Freeport | FL | 32439 | 300 | Under Construction | Dec 2026 |
| 5200 US Highway 98 Apartments | 5200 US Highway 98 E | Santa Rosa Beach | FL | 32459 | 408 | Under Construction | Dec 2026 |
| Avery Place Apartments | 1110 W Moreno St | Pensacola | FL | 32501 | 112 | Under Construction | Mar 2027 |
| Kupfrian Manor | W Mallory St | Pensacola | FL | 32501 | 94 | Under Construction | May 2027 |
| Abrazo at Pathstone | 9091 Klondike Rd | Pensacola | FL | 32526 | 213 | Under Construction | Jun 2027 |
| Arcadia Altos 20 | 189 County Highway 83A W | Freeport | FL | 32439 | 353 | Under Construction | Aug 2027 |
| Arbours at Emerald Springs | 506 N 20th St | Defuniak Springs | FL | 32433 | 84 | Under Construction | Oct 2027 |
| Tiger Point Place | 4162 Oak Pointe Dr | Gulf Breeze | FL | 32563 | 120 | Under Construction | Dec 2027 |
| Parkway Garden Redevelopment | 5818 East Highway 98 | Panama City | FL | 32404 | 84 | Planned | — |
| Coastal Palms | Coastal Palms Blvd & Thomas Drive | Panama City | FL | 32408 | 289 | Planned | — |
| The Towns at Olde Barrancas | 3180 Barrancas Avenue | Pensacola | FL | 32507 | 77 | Planned | — |
| Magnolia Trail | 1200 North 57th Avenue | Pensacola | FL | 32506 | 88 | Planned | — |
| Everywhere USA | 8485 State Route 98 | Pensacola | FL | 32506 | 243 | Planned | — |
| Navy Crossing | 8485 US 98 Hwy | Pensacola | FL | 32506 | 390 | Planned | — |
| The Heights at East Garden | 110 East Garden Street | Pensacola | FL | 32502 | 242 | Planned | — |
| The Westmore | 215 West Garden Street | Pensacola | FL | 32502 | 328 | Planned | — |
| Bayou Cottages | 4547 Bayou Blvd | Pensacola | FL | 32504 | 72 | Planned | — |
| Brookchase at Pathstone | 4444 Youpon Road | Pensacola | FL | 32526 | 118 | Planned | — |
| Glenwood Town Center | 15th Street & Martin Luther King Jr Blvd | Panama City | FL | 32401 | 60 | Planned | — |