Panama City, FL Homes for Sale

• 

  

  

  /27

  $350,000

  • 4 Beds
  • 2 Baths
  • 1,794 Sq Ft

  7110 Maxwell Ct, Panama City, FL 32404

  Welcome to this beautiful 4-bedroom, 2-bath home offering 1,794 sq ft of living space on a spacious .28-acre lot with no HOA. Remodeled in 2023, this move-in ready home features an efficient, well-designed layout that blends style with everyday functionality.Recent improvements provide added peace of mind, including a newer clay tile roof and a high-efficiency 17 SEER HVAC system. The

  

  Michael Werner

  Keller Williams Success Realty

  (448) 334-5264

  7110 Maxwell Ct, Panama City, FL 32404
• Explore Panama City

• 

  

  

  /31

  $219,000

  • 2 Beds
  • 2 Baths
  • 906 Sq Ft

  5813 Jasmine Ct, Panama City, FL 32404

  Beautifully maintained 2BR/2BA cottage-style home in desirable Callaway Corners, located approximately 6 miles / about a 10-minute drive to Tyndall AFB. This move-in-ready home features a charming covered front and back porch and additional parking for guests or extra vehicles. A durable metal roof adds long-term value and peace of mind. All appliances shown convey with the sale. Conveniently

  

  Michael Werner

  Keller Williams Success Realty

  (448) 242-1338

  5813 Jasmine Ct, Panama City, FL 32404
• 

  

  

  /40

  $269,998

  • 4 Beds
  • 2.5 Baths
  • 1,676 Sq Ft

  311 N Gay Ave, Panama City, FL 32404

  Price reduction! This beautiful 4 bedroom, 2.5 bath home, built in 2019, is contemporarily designed inside and out. The open floor plan is ultra-low maintenance, with metal roof, custom cabinets, quartz counter tops, LVP downstairs and carpet upstairs, plus, the low-cost HOA takes care of the yard! Everything is in like new condition. Callaway Corners offers a welcoming, family-oriented community

  

  Ron Rago

  Beachy Beach Real Estate

  (448) 218-4742

  311 N Gay Ave, Panama City, FL 32404
• 

  

  

  /44

  $379,000

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9902 S Thomas Dr Unit 2028, Panama City, FL 32408

  Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork,

  

  Shantel Peterson

  Real Broker LLC

  (850) 842-5887

  9902 S Thomas Dr Unit 2028, Panama City, FL 32408
• 

  

  

  /103

  $419,000

  • 2 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9902 S Thomas Dr Unit 130, Panama City, FL 32408

  Assumable mortgage at 3.99% This exceptional first-floor residence offers the best of both worlds: calm lake views and easy access, all without the wait or hassle of elevators. From the moment you step inside, the coastal design and sophistication set this unit apart. The beautifully updated kitchen is a true showpiece, featuring crisp cabinetry, upgraded countertops, modern appliances, and a

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 333-3762

  9902 S Thomas Dr Unit 130, Panama City, FL 32408
• 

  

  /41

  $340,000

  • 3 Beds
  • 2 Baths
  • 1,835 Sq Ft

  6035 N Star Dr, Panama City, FL 32404

  This charming home has all the extras with covered front and rear patios, pole barn, garage, and a huge fenced backyard! A split floorplan and open living space makes the interior feel much bigger, and with custom details like shiplap accent wall, custom pantry door and shelves, and entryway wall detail, you feel at home in the country. The primary suite is generously sized, and complete with a

  

  Dennis Nelson

  Keller Williams Success Realty

  (448) 242-0302

  6035 N Star Dr, Panama City, FL 32404
• 

  

  /55

  $599,000 Open Sun 11AM - 2PM

  • 4 Beds
  • 2.5 Baths
  • 2,397 Sq Ft

  230 Boca Shores Dr, Panama City, FL 32408

  Bring Your Boat, Skip the HOA, Still Minutes to the Beach Corner-lot home with space for your boat or RV, multiple outdoor living areas, and no HOA restrictions holding you back.Just minutes from the beach, dining, and daily essentials, this 4-bedroom layout gives you room to live, host, and store what matters.Inside, 10-foot ceilings and wood flooring create an immediate sense of

  

  Stephanie Richardson

  EXP Realty LLC

  (448) 218-0453

  230 Boca Shores Dr, Panama City, FL 32408
• 

  

  /68

  $650,000

  • 2 Beds
  • 2 Baths
  • 1,486 Sq Ft

  4620 Bay Point Rd Unit 1018, Panama City, FL 32408

  WATERFRONT LIVING WITH STUNNING SUNSET VIEWS... Experience the best of coastal living in this beautifully maintained 2-bedroom, 2-bath waterfront condo located in the desirable Marina Club Village at Bay Point. Situated on the first floor with convenient single-level living, this immaculate residence offers 1,486 square feet of comfortable space with breathtaking sunset views from nearly every

  

  Lynn Yarbrough

  Keller Williams Success Realty

  (850) 918-8315

  4620 Bay Point Rd Unit 1018, Panama City, FL 32408
• 

  

  /63

  $824,900 Open Sat 11AM - 1PM

  • 5 Beds
  • 4 Baths
  • 3,352 Sq Ft

  3926 Diana Ct, Panama City, FL 32408

  Luxury. Convenience. Affordability -- All in One Exceptional Home. Welcome to 3926 Diana Court, Panama City Beach -- where coastal living meets modern elegance. This newly built, 3,445-square-foot residence sits on a spacious 1⁄4-acre lot and offers the perfect blend of comfort, style, and thoughtful design -- all with no HOA in a beautiful, established neighborhood. Enjoy the best of beach

  

  Frank Trenholm

  Coldwell Banker Realty

  (448) 333-3242

  3926 Diana Ct, Panama City, FL 32408
• 

  

  /146

  $1,750,000

  • 10 Beds
  • 8 Baths
  • 3,500 Sq Ft

  5012 Gulf Dr Unit 1-4, Panama City, FL 32408

  60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low

  

  Kerry Jackson

  LPT Realty LLC

  (448) 202-7317

  5012 Gulf Dr Unit 1-4, Panama City, FL 32408
• 

  

  /44

  $365,000

  • 4 Beds
  • 2 Baths
  • 1,622 Sq Ft

  221 N Cove Blvd, Panama City, FL 32401

  New Price! New privacy fence on the back of the property! This property has so much to offer. Tons of possibilities. Schedule a showing soon! Welcome to a rare find in the heart of The Cove, where timeless charm meets exceptional opportunity. This distinguished corner-lot residence offers a unique blend of old-world character and modern-day comfort, set on an expansive parcel that invites endless

  

  Jolene Bryant

  Coastal Palms Real Estate

  (448) 202-5842

  221 N Cove Blvd, Panama City, FL 32401
• 

  

  /13

  $34,900

  • Land
  • 10,890 Sq Ft
  • $139,600 per Acre

  1744 Mallard Dr, Panama City, FL 32404

  Beautiful and level corner lot with open views to the southwest to watch gorgeous sunsets from. Quiet and peaceful neighborhood. 10 minutes to Tyndall AFB HOA maintains roads, standards and mows grass in common areas. HOA dues will commence as soon as State Docs are finalized. Check out the HOA details

  

  Erich Hardy

  Compass Florida, LLC

  (448) 288-3907

  1744 Mallard Dr, Panama City, FL 32404
• 

  

  /15

  $895,000

  • Land
  • 7.9 Acres
  • $113,291 per Acre

  11902 Florida 77, Panama City, FL 32409

  This 7.9 acre partially cleared commercial property offers a rare opportunity to secure a highly visible site directly on SR Highway 77 in one of Bay Countys fastest-growing corridors. With approximately 410 feet of highway frontage, this corner parcel provides excellent exposure and access for future development.The property features two access points one directly from Highway 77 and a

  

  Kent Whitson

  Ag 1 Land Company

  (850) 849-3963

  11902 Florida 77, Panama City, FL 32409
• 

  

  /50

  $599,000

  • 4 Beds
  • 2 Baths
  • 2,475 Sq Ft

  3522 Fox Run Blvd, Panama City, FL 32408

  Home is located in the Preserve on the Bay, a gated neighborhood that is very quiet and well-maintained, with a well established HOA. This home is a perfect fit for the couple looking to retire or a young couple starting their family. Flooring is a combination of tile and plank flooring for easy maintenance and cleaning. Open floor plan, which is perfect for entertaining guests while keeping the

  

  Frank Trenholm

  Coldwell Banker Realty

  (448) 230-3185

  3522 Fox Run Blvd, Panama City, FL 32408
• 

  

  /8

  $74,950

  • Land
  • 11,325 Sq Ft
  • $288,269 per Acre

  7402 Teakwood Ct, Panama City, FL 32409

  Level and well-prepared 1/4 acre Corner lot. Brand new $17,000. fully permitted 1,050 gallon septic tank with drain fields that allow a home as large as 2,550 sq. ft. Pad site prepped with enough fill dirt to not require a pump or have a mound appearance. Chain link fenced with front entrance, double gate on the side and a dog run. Concrete pad site for a shed also.Single family homes,

  

  Erich Hardy

  Compass Florida, LLC

  (448) 333-2542

  7402 Teakwood Ct, Panama City, FL 32409
• 

  

  /37

  $354,500

  • 3 Beds
  • 2 Baths
  • 1,984 Sq Ft

  3855 Heartwood St, Panama City, FL 32404

  Welcome home to this brand-new listing in the highly sought-after College Station neighborhood of Panama City! This charming three-bedroom, two-bathroom home offers 1,901 square feet of well-designed living space that checks all the boxes for comfortable Florida living. The split floor plan gives everyone their own space, which is honestly one of the smartest layouts out there. The primary

  

  MaryAnn Enfinger

  Overstreet Realty

  (448) 242-0413

  3855 Heartwood St, Panama City, FL 32404
• 

  

  /38

  $317,303

  • 3 Beds
  • 2 Baths
  • 1,648 Sq Ft

  6755 Atkins Rd, Panama City, FL 32404

  Tucked away on a quiet cul-de-sac, this 2024-built home featuring the sought-after Jamison floor plan offers modern living with thoughtful design and incredible community amenities. From the moment you walk in, you'll notice the beautiful textured walls in the entry and kitchen, adding depth and character that make this home feel warm and inviting. The open layout creates a natural flow between

  

  Sabina Balch

  Keller Williams Success Realty

  (448) 900-4352

  6755 Atkins Rd, Panama City, FL 32404
• 

  

  /10

  $99,000

  • 1,256 Sq Ft

  5319 Sunwood Rd, Panama City, FL 32404

  INVESTOR SPECIAL!!! This property needs torn down and rebuilt- but- use your imagination!! Great neighborhood, nearly an acre and after a few dumpsters, you could really make a nice home here with a huge workshop!! You could also completely clear the lot and start over and have plenty of room for a large garage out back.Home has little to no value and there is a lot of clean up to do but the

  

  Misty Curtis

  Anchor Realty Florida

  (448) 242-0283

  5319 Sunwood Rd, Panama City, FL 32404
• 

  

  /8

  $365,000

  • 6 Beds
  • 4 Baths
  • 2,400 Sq Ft

  147 Claire Ave, Panama City, FL 32401

  Investment Opportunity! 2023 Duplex Near Tyndall AFB - 147 and 149 Claire Ave. Discover an exceptional income-producing duplex, offering the perfect blend of comfort, convenience, and strong rental performance. Each side features 3 bedrooms and 2 bathrooms, providing spacious layouts ideal for families or professionals. Each side is rented at $1650 (total $3300 monthly) With a total of 2,400 sq.

  

  Michael Werner

  Keller Williams Success Realty

  (448) 333-2359

  147 Claire Ave, Panama City, FL 32401
• 

  

  /41

  $625,000

  • 3 Beds
  • 2 Baths
  • 1,447 Sq Ft

  319 Oleander Dr, Panama City, FL 32413

  YES! You CAN have it ALL! This beach home is in the top 1% of Airbnbs, a GUEST FAVORITE, with 92 5-star reviews (SO FAR). Bookings on the calendar WILL convey with sale if desired. HIGHLIGHTS INCLUDE:--Located on the quiet west end of PCB, just a few minutes from 30A--2021 construction, HVAC, and water heater--2024 roof (replaced after hail storm)--2 blocks to public beach

  

  January Johnson

  EXP Realty LLC

  (448) 200-3245

  319 Oleander Dr, Panama City, FL 32413
• 

  /2

  $399,900 Coming Soon

  • 3 Beds
  • 2 Baths
  • 1,975 Sq Ft

  4014 Leeann Cir, Panama City, FL 32405

  Coming Soon-No Showings. Beautiful all brick home with a pool, located in high desired, well established North Shore subdivision. 3BR/2BA is located on a quiet cul-de-sac. Split bedroom open floor plan has a large living area with a fireplace and formal dining room that invites lots of natural light throughout. The kitchen fully equipped with appliances, plenty of cabinets, pantry space and a

  

  Cindy Armstrong Karr

  Berkshire Hathaway HomeServices Beach Properties of Florida

  (448) 231-6915

  4014 Leeann Cir, Panama City, FL 32405
• 

  

  /27

  $250,000

  • 3 Beds
  • 1 Bath
  • 914 Sq Ft

  3014 W 21st Ct, Panama City, FL 32405

  Welcome to your completely updated single-family gem that's being sold fully furnished, making it truly move-in or rent-ready from day one.Inside, you'll find a bright, refreshed interior with modern finishes throughout--perfect for easy everyday living and low-maintenance ownership. The thoughtfully furnished layout offers comfortable bedrooms, a welcoming living space, and an efficient

  

  Ashley McKee

  EXP Realty LLC

  (448) 231-4141

  3014 W 21st Ct, Panama City, FL 32405
• 

  /2

  $360,000

  • 6 Beds
  • 4 Baths
  • 2,100 Sq Ft

  314 Bayou Ave, Panama City, FL 32401

  Investment Opportunity! 2024 Duplex Near Tyndall AFB 314 & 316 Bayou AveDiscover an exceptional income-producing duplex offering the perfect blend of comfort, convenience, and strong rental performance. Each side features 3 bedrooms and 2 bathrooms (total of 2,100 sq ft) providing spacious layouts ideal for families or professionals. Both units currently tenant-occupied at $1650 (total $3300

  

  Michael Werner

  Keller Williams Success Realty

  (448) 333-3148

  314 Bayou Ave, Panama City, FL 32401
• 

  

  /92

  $238,000

  • 2 Beds
  • 2 Baths
  • 1,376 Sq Ft

  3515 W 19th St Unit 2, Panama City, FL 32405

  Adorable, updated, and furnished, this beautifully updated townhouse combines modern style with comfortable everyday living near the heart of St. Andrews. Inside, you'll find fresh finishes, contemporary touches, and a warm fireplace that creates the perfect focal point for the living space. The flexible floor plan offers a downstairs bedroom and bath, an upstairs bedroom and bath, and an

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 432-4536

  3515 W 19th St Unit 2, Panama City, FL 32405
• 

  

  /11

  $264,000

  • 1 Bed
  • 1 Bath
  • 336 Sq Ft

  8001 Surf Dr Unit B10, Panama City, FL 32408

  Panama City Beach Get-Away! Cozy 1BR/1BA beautifully furnished and decorated just steps away to ''World's Most Beautiful Beaches''. Newer LVP flooring, tile bath and shiplap. Stingray has pool, kiddy pool, parking in front of building, extra parking across the street and onsite laundry. Short term rental can sleep 3. Dining, shopping, fishing, golf and entertainment within minutes away. All

  

  Cindy Armstrong Karr

  Berkshire Hathaway HomeServices Beach Properties of Florida

  (448) 334-5808

  8001 Surf Dr Unit B10, Panama City, FL 32408
• 

  

  /18

  $205,000

  • 2 Beds
  • 1 Bath
  • 869 Sq Ft

  213 Springfield Ave, Panama City, FL 32401

  Check out this cozy home with a covered front porch, newly fenced deep lot, and comes with a home warranty! Updated and ready for it's next owners, you'll appreciate the updated interior, roof, air conditioning, and more. Great location only minutes to shopping, historic Panama City, Tyndall Air Force Base, boat launches, parks, and more. Backyard is ready for your vision, with a new privacy

  

  Dennis Nelson

  Keller Williams Success Realty

  (448) 200-2642

  213 Springfield Ave, Panama City, FL 32401
• 

  

  /43

  $409,000

  • 2 Beds
  • 2 Baths
  • 815 Sq Ft

  5012 Gulf Dr Unit 2, Panama City, FL 32408

  NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but

  

  Kerry Jackson

  LPT Realty LLC

  (448) 233-4203

  5012 Gulf Dr Unit 2, Panama City, FL 32408
• 

  

  /93

  $419,000 Open House 5/17

  • 3 Beds
  • 2 Baths
  • 1,465 Sq Ft

  104 Lakeridge Dr, Panama City, FL 32405

  Did you say waterfront? Life on the water becomes your everyday backdrop in this beautifully updated waterfront home, where you can swim, fish, boat, or paddleboard right from your backyard. Designed to embrace both comfort and lifestyle, the home features 9-foot ceilings that create an open, airy feel, along with thoughtful upgrades throughout that elevate both form and function.Recent

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 418-4853

  104 Lakeridge Dr, Panama City, FL 32405
• 

  

  /50

  $375,000

  • 1 Bed
  • 2 Baths
  • 980 Sq Ft

  9900 S Thomas Dr Unit 2302, Panama City, FL 32408

  AMAZING VIEWS FOR MILES! 23rd Floor Gulf Front Penthouse Condo in Shores of Panama.You won't find better views and large balcony for this price! This Top Floor Penthouse unit sleeps 6 and has one full bedroom and bath, bunk room and bath, spacious living room/dining area and modern kitchen. Kitchen has granite countertops, stainless steel appliances, updated cabinets and is fully stocked for

  

  Paul LaCourse

  Anchor Realty Florida

  (448) 334-5504

  9900 S Thomas Dr Unit 2302, Panama City, FL 32408
• 

  

  /99

  $285,000

  • 1 Bed
  • 2 Baths
  • 1,047 Sq Ft

  9860 S Thomas Dr Unit 604, Panama City, FL 32408

  Rental machine: 2025=$36,727.03, 2024=$34,965.84, 2023=$37,327.83, 2022=$37,787.05, 2021=$49,644.27This incredible unit is strategically located on the south end so no unobstructed view of the pristine gulf waters. Additionally, located near the stairs and elevator... meaning during peak rental times your guests can avoid the elevator and take 2 flights to the kiddie pool, or the parking

  

  Heather Fox

  Beachy Beach Real Estate

  (448) 288-5228

  9860 S Thomas Dr Unit 604, Panama City, FL 32408
• 

  

  /5

  $1,190,000

  • 1,837 Sq Ft

  3533 U S 98, Panama City, FL 32401

  Completely revitalized and effectively new as of 2021, this 14-unit multifamily property offers an exceptional turnkey investment opportunity. Each studio unit is approximately 280 square feet and has been fully updated as of 2021 with brand-new electrical wiring, sewer and water lines, windows and doors, drywall, trusses, and roof. With full occupancy and consistent rental income, this asset

  

  Michael Werner

  Keller Williams Success Realty

  (448) 333-2040

  3533 U S 98, Panama City, FL 32401
• 

  

  /26

  $229,900

  • 2 Beds
  • 2 Baths
  • 1,200 Sq Ft

  7125 N Lagoon Dr Unit O, Panama City, FL 32408

  BIG PRICE IMPROVEMENT on this beautifully remodeled 2BR/2BA upstairs unit! Low HOA, very quiet development, and turn-key ready! This is a very spacious floorplan perfect for families. It's in the lovely complex of Shade Tree, which is a private oasis, tucked off N. Lagoon. It is a low density property, with many full-time residents, but ALLOWS SHORT TERM! So whether you're looking for something

  

  Jen LaChance

  SimpliHOM

  (850) 613-1068

  7125 N Lagoon Dr Unit O, Panama City, FL 32408
• 

  

  /42

  $390,000

  • 4 Beds
  • 3 Baths
  • 2,337 Sq Ft

  4886 Sweetspire Dr, Panama City, FL 32404

  Welcome to Titus Park--one of Panama City's most desirable newer communities! This beautifully maintained home offers the perfect blend of modern design, comfort, and convenience. Featuring an open-concept floor plan, this residence is ideal for both everyday living and entertaining. The spacious kitchen boasts granite countertops, stainless steel appliances, a large island, and ample cabinet

  

  VIVIANA HERNANDEZ

  EXP Realty LLC

  (448) 288-2980

  4886 Sweetspire Dr, Panama City, FL 32404
• 

  

  /59

  $1,850,000

  • 6 Beds
  • 4 Baths
  • 2,717 Sq Ft

  4116 Ocean St, Panama City, FL 32408

  ***PROVEN RENTAL INCOME OVER $175,000*** This beach house has it ALL! Sleeping up to 24 people across 6 bedrooms and 2 sleeper sofas, this is the perfect memory-making personal vacation home, generously-sized private beach residence, or lucrative short term rental investment. Whether you are accommodating multiple generations vacationing together or a group of friends for a quick trip to the

  

  January Johnson

  EXP Realty LLC

  (448) 448-0475

  4116 Ocean St, Panama City, FL 32408
• 

  

  /34

  $269,000

  • 3 Beds
  • 2.5 Baths
  • 1,596 Sq Ft

  326 Raven Ln, Panama City, FL 32404

  Welcome to 326 Raven Lane a newer two-story home built in 2021 with a clean, modern feel and a super homey feel. It's in a quiet neighborhood right next to a park, perfect for kids, pets, or relaxing outside. Inside, you'll find quartz countertops, luxury vinyl floors, custom cabinets, and stylish lighting that make the space feel fresh and comfortable. The open layout downstairs flows great for

  

  Sabina Balch

  Keller Williams Success Realty

  (448) 333-1254

  326 Raven Ln, Panama City, FL 32404
• 

  

  /42

  $535,000

  • 4 Beds
  • 3 Baths
  • 2,446 Sq Ft

  9412 Ed Lee Rd, Panama City, FL 32404

  Investor Alert and Amazing Potential! Great deal on this fantastic 10 acre estate with large modern construction home fully remodeled in 2021. An extra large 2 stall garage and room for pole barns and storage for all your toys. This home requires some minor interior and exterior maintenance, a perfect time to make this yours with the yard of your dreams! A powerwash on the exterior will brighten

  

  Dennis Nelson

  Keller Williams Success Realty

  (448) 231-4464

  9412 Ed Lee Rd, Panama City, FL 32404
• 

  

  /53

  $625,000

  • 1,800 Sq Ft

  5045 E Highway 98, Panama City, FL 32404

  Welcome to this one-of-a-kind custom property with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Amazing location with easy access to main highways, high traffic, and close proximity to Tyndall Air Force Base. Spacious living and open

  

  Dennis Nelson

  Keller Williams Success Realty

  (448) 242-0043

  5045 E Highway 98, Panama City, FL 32404
• 

  

  /44

  $237,100

  • 4 Beds
  • 2 Baths
  • 1,152 Sq Ft

  331 Maine Ave, Panama City, FL 32401

  *****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.***** HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main

  

  January Johnson

  EXP Realty LLC

  (448) 200-5666

  331 Maine Ave, Panama City, FL 32401
• 

  

  /24

  $319,000

  • 3 Beds
  • 2 Baths
  • 1,329 Sq Ft

  206 E 2nd Ct Unit A & B, Panama City, FL 32401

  Rare opportunity in the COVE, Panama City, FL! Two-dwelling properties like this are extremely hard to find! This unique income-producing property features three separate structures, two dwelling units, separate utilities, and brand-new roofs on all buildings, making it an ideal option for investors, house hackers, multi-generational living, or short-term/long-term rental strategies. This home is

  

  Britt Matthews

  Beachy Beach Real Estate

  (448) 242-9440

  206 E 2nd Ct Unit A & B, Panama City, FL 32401
• 

  

  /30

  $309,300

  • 1 Bed
  • 1 Bath
  • 618 Sq Ft

  9850 S Thomas Dr Unit 401W, Panama City, FL 32408

  LOW COST TO INVEST IN THIS BEACHFRONT CONDO WITH GREAT ROI.... NEW AC UNITS TO BE INSTALLED SUMMER 2026 through the HOA reserves at no cost to the owners. The current AC unit is ONLY 1.5 years old ... .....Don't miss this TURNKEY 1 Bedroom/1 Bath beachfront condo in the highly sought-after West Tower. Located on a desirable low floor, this unit has been totally renovated from top to bottom to

  

  Sassy French

  Keller Williams Success Realty

  (448) 230-8165

  9850 S Thomas Dr Unit 401W, Panama City, FL 32408

Showing Results 1 - 40, Page 1 of 18

Why Live in Panama City

Panama City, located in the Florida Panhandle, is a historic community overlooking St. Andrew Bay, just minutes from the Emerald Coast's beaches. Unlike its neighboring Panama City Beach, Panama City is home to more full-time residents and offers a residential lifestyle with access to vacation-like attractions. The city is undergoing significant infrastructure revitalization, focusing on upgrading sewage and drinking water systems and repairing damage from Hurricane Michael. Housing options include primarily three-bedroom bungalows and cottages, with some newly built luxury homes and condos offering waterfront views. The median home price is around $305,000. St. Andrew Bay is central to local life, with many residents spending time on the water, utilizing marinas like St. Andrew Marina and visiting nearby Shell Island. The revitalizing Historic Downtown district features new restaurants, cobblestone streets, and a historic movie theater, with Harrison Avenue hosting pubs, bars, boutiques, and coffee shops. The Panama City Farmers Market and several seafood restaurants in the Historic St. Andrew neighborhood add to the local charm. The city also boasts a growing arts community, with art galleries, the Martin Theatre, and the CityArts Cooperative. Schools in Panama City are highly rated, including the Rising Leaders Academy, North Bay Haven Charter Academy High School, and A. Crawford Mosley High School. The BayWay bus system provides public transportation, and the Northwest Florida Beaches International Airport is about 23 miles away.

Learn more about living in Panama City

Frequently Asked Questions

What is the average home price in Panama City, FL?

Homes for sale in Panama City, FL have an average home price of $466,205.

Are home prices dropping in Panama City?

Yes, home prices in Panama City are down 15% in the last 12 months.

How many homes have sold over the last 12 months in Panama City, FL?

1,931 homes have sold in Panama City, FL over the last 12 months.

Is Panama City, FL a safe city?

In general, the safest neighborhoods in Panama City, FL with lower crime scores are Saint Andrews and Downtown.

What are the most popular zip codes in Panama City, FL?

The most popular zip codes in Panama City, FL include 32405, 32401, 32444, 32404 and 32408.

What are the most popular neighborhoods in Panama City, FL?

The most popular neighborhoods in Panama City, FL with the most homes for sale are West Panama City, Saint Andrews, East Panama City, Downtown North and South Panama City.

How much do you need to make to afford a house in Panama City?

The median home price in Panama City is $350,000. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $1,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $74K a year to afford the median home price in Panama City. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Panama City, FL?

Panama City, FL has highly rated public and private schools. Some of the best schools in Panama City based on Niche Grades are University Academy, Rising Leaders Academy and Covenant Christian School. The neighborhoods in Panama City with the highest rated schools are West Panama City, Saint Andrews and East Panama City. Browse all the schools in Panama City, FL to learn more.

Home Trends in Panama City, FL

On average, homes in Panama City, FL sell after 63 days on the market compared to the national average of 56 days. The median sale price for homes in Panama City, FL over the last 12 months is $330,000, down 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$330,000

Median Single Family Sale Price

$339,900

Median Townhouse Sale Price

$252,900

Median 2 Bedroom Sale Price

$399,950

Median 1 Bedroom Sale Price

$300,000

Average Price Per Sq Ft

$253

Number of Homes for Sale

1,218

Last 12 months Home Sales

1,931

Months of Supply

7.60

Median List Price

$350,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

-6%