Watermark at Urban Blu

Urban Blu by Watermark, located north of Front Beach Road and south of Back Beach Road (Hwy. 98) in Panama City Beach, Florida, is situated on 17.027 acres and will feature 18 buildings housing 312 apartment homes.

Urban Blu by Watermark will be a Class “A” community with superior finishes and amenities compared to the vast majority of the competition in the market. Since 2010, there have only been two Class “A” apartment communities constructed in the market (528 units), both of which are over six miles west of Watermark’s location, further from the vast majority of the workforce in the market. Urban Blu is nestled between the two main thoroughfares for the entire market, Highway 98 (Back Beach Rd.) and Front Beach Rd. and will have access points to both streets, offering unparalleled access to employment and amenities within the metro area.

Panama City Beach is ranked #3 on TripAdvisor’s list of Best Beaches in the U.S.; it is no wonder why the market continues to see dynamic growth – which will produce a strong rental market for years to come.

Large employers in the market include Tyndall Air Force Base, Naval Support Activity Panama City, Bay District Schools, General Dynamics IT, and Bay Medical Center, to name a few.

Easy access to shopping, dining, and entertainment completes the market amenities for this project – Panama City Beach Strip is within 1.7 miles of the project, followed by Breakfast Point Marketplace, Magnolia Plaza, and Pier Park.