Spyglass Apartments

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4938 Spy Glass Dr, Panama City, FL 32408
(850) 788-3644
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Spyglass Apartments

4938 Spy Glass Dr
Panama City, FL 32408
(850) 788-3644
Spyglass Apartments in Panama City, FL - Building Photo
  • 1–2 Bedrooms
  • $1,195-$1,695Pricing
  • 400–650Square Feet

About Spyglass Apartments

Affordable Beach Living - South of Thomas Drive!!! One bedroom/one bath available for $1250/month. Text message for more information 8.5.0. 9.5.5. 4.5.5.2. Only steps to the beach, this completely remodeled apartment complex is the perfect place for affordable beach living! This single story complex has the best amenity of all - the beach -only a 45 second walk away from your front door! The property houses only 11 units, perfectly situated to give you both privacy and a small community feel. Full size stainless steel appliances, modern fixtures, and gorgeous backsplashes give your beach home a clean modern aesthetic with the freedom to prepare delicious home cooked meals. Central air units combined with double-paned windows make these homes energy efficient, keeping your living expenses low. This property has off street parking in a place where parking is premium and an on-site laundry room. You'll love renting from us because we can offer you the consideration only a small family business can. We live in the neighborhood and care about your quality of life as well as the condition of your home. You'll love your small community right by the beach!

Spyglass Apartments is located in the 32408 Zip code of Panama City, FL. This community is professionally managed by Hispaniola Properties, LLC

Property Contact Info

Floorplan Pricing and Availability

Spyglass Apartments offers 1 to 2 Bedroom apartments starting from $1,195 and having 400–650 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    $1,195

    2

    1 Bed, 1 Bath, 400 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,195Available Now2400

    Unit 2 Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Heating
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Ice Maker
    • Oven
    • Refrigerator
    • Stainless Steel Appliances

    Living Space

    • Carpet
    • Double Pane Windows
    • Tile Floors
    • Vinyl Flooring

    Unit 2 Rent and Fees

    Unit Price

    • $1,195
  • 2 Bedrooms

    2 bedroom

    From $1,650

    2 Beds, 1 Bath, 650 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,650Available Now2 bedroom650 sq ft$1,695

    Model Amenities and Features

    Features

    • Smoke Free

    Kitchen

    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Living Space

    • Carpet
    • Double Pane Windows
    • Tile Floors
    • Vinyl Flooring

    Model Rent and Fees

    Model Price Range

    • $1,650 - $1,695

    Deposit

    • $1,695 deposit
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (850) 788-3644 to schedule a tour.

Property Information

  • 11 Units
  • 1 Story
  • Built in 1972

Lease Terms

  • 12 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Other Fees

Personal Add-Ons

Application Fee Per Applicant$35

Pet Policy and Fees

Cats

  • Fees Not Specified

Dogs

  • Fees Not Specified

Parking Info and Fees

Surface Lot
  • 1 Max

Features and Amenities

On-Site Services

  • Laundry Facilities

Interior Features

  • Air Conditioning

Kitchen Amenities

  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Stainless Steel Appliances
  • Kitchen

Living Area Features

  • Tile Floors
  • Window Coverings
  • Vinyl Flooring
  • Carpet
  • Double Pane Windows

Outdoor Features

  • Yard
Google Map

Map

4938 Spy Glass Dr, Panama City, FL 32408

Getting Around

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Spyglass Apartments

Where is Spyglass Apartments located?

Spyglass Apartments is located at 4938 Spy Glass Dr, Panama City, FL

What is the current rent range at Spyglass Apartments?

1 Bedrooms at Spyglass Apartments currently start from $1,195. Call today for more info!

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Spyglass Apartments Apartments are 5.3% more expensive than the average apartment city-wide.

    Rent Comparison to the city of Panama City

    FloorplanLowest Price HereCity Average RentCost Difference%
    2 Bedroom$1,650$1,567+$835.3%

    Methodology: On 09/19/2025, ApartmentHomeLiving.com compared current rents by floorplan to 151 other apartment communities in Panama City using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 09/19/2025

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.1
6 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Serenity at Spyglass

    July 17, 2022
    We were so blessed to be able to take advantage of a safe haven here after Hurricane Michael and four years later we are all the best of friends and still part of the Spyglass/Hispaniola Family. Such care is taken to create the perfect synergy between tenants and neighbors. Everyone is so respectful and friendly! On the East End of Panama City Beach, steps from the white Sandy beaches, you won’t find a more adorable or affordable place to call home! Sunsets, Cookouts, Bicycle rides, and walking ...
    distance to multiple local hotspots, including the beautiful St. Andrew’s State Park. Thank you for choosing us to be a part of this community!
    Read More
    Review from Apartments.com
  • I could live here forever

    June 22, 2022
    I moved into a one-bedroom apartment at Spyglass Apartments soon after Hurricane Michael, almost 4 years ago. It was a safe haven for me. I enjoyed living beside the beach and going for walks every evening. My neighbors were friendly and invited me to cookouts in the courtyard. My landlord was responsive and kept the apartment in good condition. I feel grateful that I found this apartment when I did. It will always be a special place for me. Now my family is expanding, and I am in the process of ...
    moving into a two-bedroom apartment at Spyglass Apartments. I am excited to stay and continue making memories here. It feels like I’m nestled into my own little corner of the town right beside the Gulf. It’s nice that there are restaurants, stores, and other attractions nearby, but it is the peacefulness of this place that I love so much.
    Read More
    Review from Apartments.com
  • Love my beach home!

    June 20, 2022
    2018 I lost my beautiful Condo to hurricane Michael. I was basically homeless and staying with friends. Apartments were essentially nonexistent at the time. I was so lucky to find an availability at this apartment complex. It’s steps from the beach, popular restaurants and clubs. The apartment was clean and recently remodeled. Cute little courtyard and the neighbors were great and are still friends to this day, some are more like family now. The property owners/managers are awesome people! I ...
    lived at Spyglass Apartments for 2 year until a private matter came up and I decided to move, I was gone for a year. I missed home so much and decided to move back. I did not want to buy again so I reached out to the Spyglass Apartment management and asked if they had anything available and they did … Yay! So I’m back home now in a different one of their properties and so very happy. I will never move again and now I can finally kick back and enjoy my retirement. Don’t hesitate renting here you will not be disappointed.
    Read More
    Review from Apartments.com
  • 3 year resident!

    June 20, 2022
    If you want to walk to the beach, this is it! Walk to restaurants, shops, bars, state park, corner stores, etc! Utility bills are low! Landlords care and are concerned about the community. It's an active area so it's not serenely quiet, but you won't bother other people, either. ;) So happy to have lived there for 3 years!
    Review from Apartments.com
  • hidden jewel

    July 31, 2018
    It may be easy to over look this place with all of the towering condo's around, but I am so glad we found it! These apartments are a quiet pace to come home to and it doesn't hurt to be steps away from the gulf! After being here for a year, I am having to move out of state for family. I could not have asked for a better landlord to work with for both my transitions coming into the state then having to move back out. Great place and great location...Im going to miss it!
    Review from Apartments.com
  • Home Sweet Home

    May 20, 2018
    I have lived in these apartments for a year and a half now and I could not be happier! Everything had been newly remodeled when we moved in so we had a very clean and modern looking canvas to start with. My boyfriend and I are both young professionals and the two bedroom we have is the perfect amount of space for a home office and all of our daily activities. The kitchen is equipped with modern appliances including a glass top stove which we love and the above stove range, refrigerator and stove ...
    itself are all matching stainless steel. The light wood style flooring and off white paneling of the walls are perfect for the beach, which is RIGHT ACROSS THE STREET. The location is an easy walk to the St. Andrew's State Park, Schooners, Patches and the Farmer's Market behind Captain Anderson's. The property managers/owners have been so amazing during our entire stay here. Anytime we bring an issue to their attention, they have taken it seriously and responded more than fairly. Improvements to the property are always being made including a nice outdoor seating area in the courtyard, a boardwalk to the laundry room (to prevent sandy feet) and our tub was newly remodeled shortly after we moved in. My boyfriend and I moved to Florida together for a job opportunity and looked at so many lack luster places before finding this little gem. We love our home so much and it has been absolutely perfect for us!
    Read More
    Review from Apartments.com

Nearby Schools

Surfside Middle School

Bay
300 Nautilus Street
Public School - Grades 6-8 (843 Students)
In Attendance Zone16 minute drive / 7.6 miles away
7/10

Patronis Elementary School

Bay
7400 PATRONIS DR
Public School - Grades K-5 (648 Students)
In Attendance Zone4 minute drive / 2.2 miles away
8/10

J.R. Arnold High School

Bay
550 North Alf Coleman Road
Public School - Grades 9-12 (1617 Students)
In Attendance Zone12 minute drive / 6.0 miles away
5/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Spyglass Apartments.

Big Box and Retail

Autozone

11600 Panama City Beach Pky
12 minute drive / 5.71 miles away

Lowe's

11751 Panama City Beach Pky
12 minute drive / 5.8 miles away

Walgreens

635 E Highway 98
12 minute drive / 6.05 miles away

Colleges and Universities

Gulf Coast State College - Panama City Campus

5230 West Highway 98
7 minute drive / 3.48 miles away

Groceries

Publix

3204 Heartleaf Ave E
13 minute drive / 6.46 miles away

Save-A-Lot

902 Ohio Ave
20 minute drive / 9.41 miles away

Hospitals

Gulf Coast Regional Medical Center

449 W 23rd St
13 minute drive / 6.07 miles away

Emerald Coast Behavioral Hospital

1940 Harrison Ave
13 minute drive / 6.19 miles away

Ascension Sacred Heart Bay

615 N Bonita Ave
13 minute drive / 6.3 miles away

Military Bases

Naval Coastal Systems Center

5 minute drive / 2.78 miles away

Shopping Centers

Magnolia Plaza

2409-2419 Thomas Dr
4 minute drive / 1.4 miles away

Seawalk Plaza

7510 Thomas Dr
4 minute drive / 2.23 miles away

Coastal Palms Village

912-936 Thomas Dr
5 minute drive / 2.59 miles away

Spyglass Apartments has 5 shopping centers within 3.3 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $775
View Rentals
1 to 3 Bedroom Apartments from $895
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1 to 3 Bedroom Apartments from $1,135
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Panama City Studio Apartments $946$775$1,200
Panama City 1 Bedroom Apartments $1,391$799$1,950
Panama City 2 Bedroom Apartments $1,567$975$2,324
Panama City 3 Bedroom Apartments $1,943$1,095$2,657
Panama City 4 Bedroom Apartments $2,243$1,400$3,400

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Viewing: Spyglass Apartments | Desktop Version | Listing Updated: 09/05/2025 | AHLSLV