Panama City, FL Homes for Sale under $200,000

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  /33

  $159,000

  • 2 Beds
  • 2 Baths
  • 1,116 Sq Ft

  1219 Thomas Dr Unit 95, Panama City, FL 32408

  Handyman Special in Emerald Pointe Resort. Roof was replaced after Hurricane Michael and recently repaired after small dryer fire. Electrical and plumbing checked out. Fire caused mostly smoke and water damage. Seller has done most of the work, still needs some cosmetic attention. Great buy with similar sized homes in Emerald Pointe selling for $225,000 and up. Convenient location close to pool

  

  Chris Charles

  The Premier Property Group

  (448) 233-5491

  1219 Thomas Dr Unit 95, Panama City, FL 32408
• Explore Panama City

• 

  

  

  /21

  $177,500

  • 2 Beds
  • 1 Bath
  • 1,050 Sq Ft

  228 N East Ave, Panama City, FL 32401

  Welcome to this delightful 2-bedroom, 1-bath cottage nestled in the heart of picturesque Historic Millville. From the moment you arrive, you'll be captivated by the character and charm this home offers—inside and out. Step inside to find an inviting layout with laminate floors throughout and stylish tile accents in the renovated kitchen and bathroom. The kitchen boasts sleek stainless steel

  

  Scott Seidler

  Keller Williams Success Realty

  (448) 334-2793

  228 N East Ave, Panama City, FL 32401
• 

  

  

  /21

  $159,000

  • 2 Beds
  • 1 Bath
  • 975 Sq Ft

  2004 Drummond Ave Unit 2004, Panama City, FL 32405

  The whole duplex is available (MLS #784202), however, this listing is for ONE side of the duplex. This listing is for the side ''2004''. This listing features a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the unit

  

  Rachel Hibbard

  Beachy Beach Real Estate

  (448) 231-3691

  2004 Drummond Ave Unit 2004, Panama City, FL 32405
• 

  

  

  /21

  $169,000

  • Land
  • 1.17 Acres
  • $144,444 per Acre

  9738 Summer Creek Dr, Panama City, FL 32409

  Lots of Trees and overlooking creek and conservation area. Superior Location!!! Discover the perfect opportunity to build your dream home in the highly sought-after community of Cedar Creek in Southport, Florida. This prime vacant land parcel offers an ideal blend of privacy and convenience, located right next door to the community's spacious clubhouse, with a beautiful wooded buffer providing a

  

  Inga Brown

  Counts Real Estate Group

  (850) 605-0160

  9738 Summer Creek Dr, Panama City, FL 32409
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  /24

  $159,000

  • 2 Beds
  • 1 Bath
  • 975 Sq Ft

  2004 Drummond Ave Unit 2006, Panama City, FL 32405

  The whole duplex is available (MLS #784202), however, this listing is for ONE side of the duplex. This listing is for the side ''2006''. This listing features a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the unit

  

  Rachel Hibbard

  Beachy Beach Real Estate

  (448) 228-0300

  2004 Drummond Ave Unit 2006, Panama City, FL 32405
• 

  

  /9

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,640 Sq Ft

  1209 E 10th St, Panama City, FL 32401

  Duplex for Sale - Cash Buyers Only. More Pictures coming soon.Calling ALL Investors!!!!One side is vacant, featuring a 2-bedroom, 1-bath layout with living room and kitchen, and is ready for a little TLC and your personal touches. The other side is tenant-occupied with a wonderful long-term tenant in place, providing immediate income. Situated on a very large lot with multiple future

  

  Tracye Crass

  Beach Haven Realty

  (448) 230-7457

  1209 E 10th St, Panama City, FL 32401
• 

  

  /13

  $155,000

  • 2 Beds
  • 1.5 Baths
  • 936 Sq Ft

  816 Detroit Ave, Panama City, FL 32401

  Turnkey Opportunity in the Heart of Springfield, FL - Fully Renovated and Ready to Go! Seller is putting a brand new AC unit in the property the 3rd week of September. Seller is also giving a $5,000 Buyer concession. Welcome to 816 Detroit Avenue, a beautifully updated 2-bedroom, 1.5-bathroom property located right in the heart of Springfield, Florida. Whether you're a first-time homebuyer

  Michael McKinney Counts Real Estate Group Inc

  816 Detroit Ave, Panama City, FL 32401
• 

  

  /30

  $162,000

  • 2 Beds
  • 1 Bath
  • 944 Sq Ft

  1311 Clay Ave, Panama City, FL 32401

  St Andrews Florida cottage south of 15th Street. This cute 2 bedroom 1 bath needs a little love and has great potential. The large fenced yard has a well and sprinkler system, a seperate workshop/garage for projects or storage, and a backdeck for relaxing and outdoor grilling. The house has a sunroom, living room/dining room, kitchen, mudroom/laundry room, 2 bedrooms and 1 bath. The bath has been

  Mary Sowell Keller Williams Success Realty

  1311 Clay Ave, Panama City, FL 32401
• 

  

  /31

  $194,900

  • 2 Beds
  • 1.5 Baths
  • 952 Sq Ft

  1724 Alabama Ave, Panama City, FL 32401

  Nestled just 1.5 blocks from the bay with public access, this super charming 2-bedroom, 1.5-bath home blends modern updates with classic character on a quiet, dead-end street that ends at the water. Step inside to discover real hardwood floors throughout the main living areas and updated linoleum in the bathrooms. The renovated kitchen features stainless steel appliances and flows effortlessly

  Nicole Ludwig EXP Realty LLC

  1724 Alabama Ave, Panama City, FL 32401
• 

  

  /25

  $185,000

  • 2 Beds
  • 1 Bath
  • 874 Sq Ft

  1116 E Park St, Panama City, FL 32404

  Charming cottage style home with peek-a-boo water views!Home does need some work & is being sold as-is.So much potential in this cozy home with space for entertaining, grilling in the back yard, gardening & more!

  Dawn Deckard Keller Williams Success Realty

  1116 E Park St, Panama City, FL 32404
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  /11

  $125,000

  • Land
  • 0.13 Acre
  • $961,538 per Acre

  507 Massalina Dr, Panama City, FL 32401

  Popular Cove area's Massalina Bayou — deep wooded lot offers tucked-in privacy for your waterfront home.

  Tricia Mcgrath Sugar Shore Properties

  507 Massalina Dr, Panama City, FL 32401
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  /27

  $185,000

  • 2 Beds
  • 1.5 Baths
  • 918 Sq Ft

  3044 E Baldwin Rd, Panama City, FL 32405

  You have to see this nicely remodeled and Move-In-Ready townhome! Having two great-sized bedrooms with a full bath upstairs and a large, open living/dining area with a centrally located and freshly remodeled half bath downstairs, this home offers a BANG for your buck while embracing a naturally comfortable feel all at once! =This home sits on a large corner lot with a huge privately fenced

  April Delorenzo Beachy Beach Real Estate

  3044 E Baldwin Rd, Panama City, FL 32405
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  /27

  $199,000

  • Land
  • 0.67 Acre
  • $297,015 per Acre

  697 W 13th St, Panama City, FL 32401

  Commercial vacant lot at 697 W. 13th Street! Fully cleared and ready to build, this centrally located property sits just off 15th Street, offering excellent exposure and easy access to schools, shopping, and thriving local businesses. Zoned General Commercial-1. Buyer to verify all available utiltiie and measurements. Sellers have added fill dirt to the lot. Please refer to updated photographs

  Zack Seltzer Seltzer Real Estate, LLC

  697 W 13th St, Panama City, FL 32401
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  /24

  $195,000

  • 3 Beds
  • 2.5 Baths
  • 1,401 Sq Ft

  3902 Solano Rd, Panama City, FL 32405

  This spacious 3-bedroom, 2.5-bath townhouse is centrally located and designed for comfortable everyday living. The first floor features an open great room, dining area, and a fully equipped kitchen, along with a convenient half bath. Upstairs you'll find the primary bedroom with an en-suite bath, two additional guest bedrooms, and a full bathroom. Additional features include a dedicated laundry

  Kelly Flanagan Keller Williams Success Realty

  3902 Solano Rd, Panama City, FL 32405
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  /16

  $199,000 New Construction

  • 2 Beds
  • 2 Baths
  • 834 Sq Ft

  848 12th Ct, Panama City, FL 32401

  New construction, just completed and ready for its first owner. This 2-bedroom, 2-bath home offers a practical open layout with comfortable living spaces and clean, modern finishes throughout. The kitchen opens to the main living area, making the home feel open and functional for everyday living. Everything is brand new, including the roof, HVAC, plumbing, and electrical, which means lower

  Sully Tariq Foundation Real Estate Agency LLC

  848 12th Ct, Panama City, FL 32401
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  /41

  $110,000

  • Land
  • 0.11 Acre
  • $1,000,000 per Acre

  5226 Kingston Cir, Panama City, FL 32408

  The Coastal Community of 'Martinique' is based upon a strong foundation of nature and local custom architecture. This beautiful vacant lot features wonderful views of the pond and is located in this highly sought after gated community. Martinique offers many amenities including an island pool with bath houses, a playground area, a pavilion, a basketball court and many greenway trails for

  Melissa Ryan CENTURY 21 Ryan Realty Inc

  5226 Kingston Cir, Panama City, FL 32408
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  /8

  $159,000

  • Land
  • 0.23 Acre
  • $691,304 per Acre

  1444 W Park St, Panama City, FL 32404

  Waterfront Lot with Gulf Access - Rare Opportunity in the Panama City area. Discover the perfect blend of seclusion and convenience with this stunning waterfront lot located in Callaway on the east end of Panama City. Just minutes from Tyndall Air Force Base and only a 30-minute drive to the white-sand beaches of Panama City Beach, this property offers a peaceful escape while keeping you close to

  Bubba McCants EXP Realty LLC

  1444 W Park St, Panama City, FL 32404
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  /9

  $140,000

  • Land
  • 0.42 Acre
  • $333,333 per Acre

  935 Tidewater Ln, Panama City, FL 32404

  One of the BEST PRICED, DEEP WATER LOTS IN BAY COUNTY!! Don't miss the chance to build your waterfront dream home with deep, saltwater access on this cleared lot in the beautiful, gated Laird Point community. This is one of the few lots that will allow a dock. This exclusive neighborhood offers more than just a place to live—it's a lifestyle! Enjoy breathtaking views, tennis and pickleball

  Brook Simmons Keller Williams Success Realty

  935 Tidewater Ln, Panama City, FL 32404
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  /8

  $165,000

  • Land
  • 0.15 Acre
  • $1,100,000 per Acre

  3565 Sanctuary Dr, Panama City, FL 32408

  Build your dream home in the gated community of Sanctuary Beach! Lot 3 has been cleared, filled, and includes a retaining wall—ready for construction. Located near the end of a quiet cul-de-sac, this lot backs up to a wooded area and sits beside a community easement, offering an extra-spacious feel and added privacy. Enjoy neighborhood amenities including a pool and access to a secluded public

  Mia Nadeau Beachy Beach Real Estate

  3565 Sanctuary Dr, Panama City, FL 32408
• 

  

  /12

  $159,900

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  1605 Arthur Ave, Panama City, FL 32405

  Don't miss this opportunity to make this solid home your next project. Located blocks from the historic downtown ST ANDREWS area, this property would make a great rental or primary home for the handyman!It features a spacious kitchen with all appliances and a breakfast bar. The living and dining rooms offer lots of flexible space for a home office. Both bedrooms are located by a shared

  Susan Morrison Anchor Realty Florida

  1605 Arthur Ave, Panama City, FL 32405
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  /2

  $159,000

  • Land
  • 0.6 Acre
  • $265,000 per Acre

  6901 E Hwy 22, Panama City, FL 32404

  With great visibility, elevations, and no known wetlands, this parcel is priced to sell. Perfect for a smaller development project, onbusy Hwy 22, within corridor now targeted by DOT to widen to four lanes.

  Brian Hinton ERA Neubauer Real Estate, Inc

  6901 E Hwy 22, Panama City, FL 32404
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  /77

  $199,900

  • 2 Beds
  • 2 Baths
  • 1,299 Sq Ft

  2104 Avensong Ln Unit 304, Panama City, FL 32408

  Welcome to Emerald Park unit P304, a hidden gem and rare opportunity at an ideal Panama City Beach location. This spacious, fully furnished top floor condo features owner financing that makes purchasing considerably more affordable than renting! The opportunity to be all in at $1700 month(HOA included) is there, while building equity instead of paying rent and somebody else's mortgage. This unit

  Dale Gumm Anchor Realty Florida

  2104 Avensong Ln Unit 304, Panama City, FL 32408
• 

  

  /15

  $199,900

  • Land
  • 0.15 Acre
  • $1,332,667 per Acre

  3826 Treasure Cir, Panama City, FL 32408

  This fantastic building lot is situated in the desirable Treasure Island area of Panama City Beach, just under half a mile from two public beach access points. Enjoy easy access to the pristine white sandy beaches and the sparkling waters of the Gulf. Measuring 75 by 84 feet, this spacious lot provides ample room to design and build your custom dream home. Conveniently located near a public boat

  Paula Kellam Keller Williams Realty Destin

  3826 Treasure Cir, Panama City, FL 32408
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  /30

  $198,000

  • 3 Beds
  • 2.5 Baths
  • 1,519 Sq Ft

  5764 Callaway Cir Unit 15, Panama City, FL 32404

  Discover easy living in Sentinel Point, a sought-after townhome community featuring a community pool with bathrooms and unbeatable convenience. Located just 10 minutes from Tyndall Air Force Base and walking distance to restaurants, Starbucks, and grocery stores, this 2020 built end-unit offers modern comfort in a prime location.This 3 BR/2.5 home features an inviting layout with an open

  Natalie Ryan CENTURY 21 Ryan Realty Inc

  5764 Callaway Cir Unit 15, Panama City, FL 32404
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  /10

  $195,000

  • Land
  • 0.76 Acre
  • $256,579 per Acre

  1526 S Berthe Ave, Panama City, FL 32404

  Set on 3/4 of an acre with over 100 feet of shoreline, this property offers the perfect backdrop to design the home you've always imagined. The bayou's calm waters invite you to create your own dock for fishing, boating, or simply soaking in the view. Mornings bring soft light across East Bay, while evenings close with glowing sunsets over the bayou—a daily reminder of the beauty of coastal

  M. Ashley Crawford Counts Real Estate Group

  1526 S Berthe Ave, Panama City, FL 32404
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  /9

  $109,000

  • 2 Beds
  • 1 Bath
  • 516 Sq Ft

  1004 Hamilton Ave, Panama City, FL 32401

  Wonderful investment opportunity right in the heart of Panama City! 2 bedroom / 1 bathroom home on a large lot! With the right vision this property has strong potential as a long term rental, short term rental, or easy flip! This area continues to see revitalization and growth. Bring your contractor, creativity, and plans! This listing is all about location, potential, and future returns!

  Carrie Routt Keller Williams Success Realty

  1004 Hamilton Ave, Panama City, FL 32401
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  /35

  $184,900

  • 4 Beds
  • 2 Baths
  • 2,310 Sq Ft

  121 Wabash Ave, Panama City, FL 32401

  Immaculate 4 Bedroom 2 Bath Home on Corner Lot! This Split-Floorplan, Manufactured Home is loaded with features. Features such as granite counter tops, tray ceilings, recessed lighting, flush mount electric fireplace, and center kitchen island. The featuring both a large living room and separate den, this home is setup for roomy living and entertainment. The master suite features a double vanity,

  Tyler Everett Performance Realty

  121 Wabash Ave, Panama City, FL 32401
• 

  

  /21

  $165,500

  • 2 Beds
  • 1 Bath
  • 1,226 Sq Ft

  519 S Highway 22 A, Panama City, FL 32404

  Price Reduced!! Come view this two bedroom one bath townhome in Parker, close to Tyndall Airforce Base. This neighborhood provides an HOA with community pool and courtyard area which is great for families or just sitting outside relaxing in the green space. The complex is right across the street from Parker Elementary. The townhome features two bedrooms downstairs with bathroom shared between

  Daryle Burkey Coldwell Banker Realty

  519 S Highway 22 A, Panama City, FL 32404
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  /2

  $119,900

  • Land
  • 0.24 Acre
  • $499,583 per Acre

  5215 Bella Casa Place, Panama City, FL 32408

  Vacant lot in one of the most exclusive gated community of Panama City Beach. This lot is located on a quite cul-de-sac and in close proximity to many neighborhood amenities including a dock, tennis courts, basketball court and playground. Finisterre is a small gated community on the east end of Panama City Beach. It is located close to Lighthouse Marina, several restaurants and a short boat ride

  Laird Hitchcock Hitchcock Real Estate LLC

  5215 Bella Casa Place, Panama City, FL 32408
• 

  

  /16

  $168,000

  • 3 Beds
  • 2 Baths
  • 1,392 Sq Ft

  6439 Zinnia St, Panama City, FL 32404

  Welcome to 6439 Zinnia Street, a fully gutted 3-bedroom, 2-bathroom flip home located on a beautiful waterfront lot along Bayou George Creek in Panama City. This property offers a rare opportunity to complete a renovation with major systems already replaced. The home features new electrical, plumbing, roof, and HVAC, providing a strong, reliable foundation and peace of mind for future owners.

  Stephanie Aldea Empire Real Estate of Florida LLC

  6439 Zinnia St, Panama City, FL 32404
• 

  

  /19

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  7908 Brandon Rd, Panama City, FL 32404

  Discover peaceful country living just 15 minutes from town in this remodeled 3 bedroom, 2 bath mobile home situated on over three private acres at the end of a quiet dead-end street. The home has been gutted and updated, and while it does need a little more TLC, it already offers a solid foundation of modern improvements and rustic charm.Inside, you'll find new LVP flooring, metal ceilings,

  Amber Golden Salty Marlin Realty LLC

  7908 Brandon Rd, Panama City, FL 32404
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  /7

  $150,000

  • 3 Beds
  • 1 Bath

  1628 Flower Ave, Panama City, FL 32405

  Lovely remodeled 3 bedroom / one bath home located in Panama City, FL. Easy to SHOW, VACANT, on Lockbox. Call for more details or Office for showing instruction. Completely Remodeled.

  Lester Williams All County Realty

  1628 Flower Ave, Panama City, FL 32405
• 

  

  /16

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,140 Sq Ft

  3621 Lark Ln, Panama City, FL 32404

  Located in central Panama City, you are within minutes of downtown Panama City and 15 minutes to Tyndall AFB. This home was renovated by previous owner back in 2018 with new roof, windows, HVAC and doors. This sale is a bankruptcy sale and subject to approval by the court.

  Cory Herrman Counts Real Estate Group Inc

  3621 Lark Ln, Panama City, FL 32404
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  /26

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,040 Sq Ft

  3704 Burnham Way, Panama City, FL 32405

  This 3-bedroom 2-bath duplex home has been exceptionally well cared for. With tile throughout the main living areas, you will enjoy the roomy living room, dining room and kitchen with updated appliances. The refrigerator is 2025, dishwasher (Bosch) is 2024, and stove is 2023. There was a new roof put on in 2025 with Peel N Stick underlayment, HVAC was replaced in 2022 and the water heater in

  Christine Lance Keller Williams Success Realty

  3704 Burnham Way, Panama City, FL 32405
• 

  

  /22

  $168,000

  • 3 Beds
  • 2 Baths
  • 1,164 Sq Ft

  8610 Lorento St, Panama City, FL 32408

  Prime investment opportunity in Panama City Beach! This STR-friendly property sits on an oversized 75x118 lot, offering abundant space for parking, outdoor amenities, or future expansion. The main home features a 3 bedroom, 1 bath layout, providing strong rental appeal for families or longer stays. In addition, the property includes a fully finished studio tiny home with a full bath and A/C,

  Danielle Britton World Impact Real Estate

  8610 Lorento St, Panama City, FL 32408
• 

  

  /13

  $165,000

  • Land
  • 0.23 Acre
  • $717,391 per Acre

  335 Watson Bayou Cir, Panama City, FL 32401

  Outstanding lot in one of the best residential communities in the Panama City Area... convenient to downtown, medical center, yacht club. This lot has excellent elevations, and is located on a quiet cul-de-sac, good back yard privacy, located on an open retention area with a view of Watson Bayou. .Call for access to subdivision website with covenants and other data.

  Tom Neubauer ERA Neubauer Real Estate Inc

  335 Watson Bayou Cir, Panama City, FL 32401
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  /52

  $175,000

  • 2 Beds
  • 1 Bath
  • 803 Sq Ft

  1301 Beck Ave Unit 32, Panama City, FL 32401

  Absolutely Charming condo unit located in the heart of the Historic Saint Andrews. Saint Andrews Harbour is a small cozy & vintage complex fitting right in with the atmosphere of Saint Andrews lifestyle. Great location to the quaint shops, restaurants, Bay & Marina. There are so many other great attributes to this complex such as the low association fees, community pool, grills & clubhouse and of

  Kelli Sullivan Beachy Beach Real Estate

  1301 Beck Ave Unit 32, Panama City, FL 32401
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  /10

  $159,900

  • Land
  • 0.17 Acre
  • $940,588 per Acre

  LOT 3 Lapaloma Terrace, Panama City, FL 32401

  7492.32 sqft waterfront lot! Great location for your future waterfront home on the water. Build your dock and have access to the Gulf of Mexico. Close to everything you need like schools,hospital, shopping, etc. Additional adjacent lots available. Seller may consider seller financing. Perfect for investment or builder. Loads of potential here.

  Raymond Villanueva Palmetto Properties & Realty LLC

  LOT 3 Lapaloma Terrace, Panama City, FL 32401
• 

  

  /8

  $125,000

  • Land
  • 0.23 Acre
  • $543,478 per Acre

  6415 W Smith Rd, Panama City, FL 32409

  Canal-front property in Southport, located less than three minutes from North Bay. This is an excellent opportunity to build your dream home and enjoy the convenience of having your boat docked directly behind your residence. Don't miss this exceptional lot.

  Team Don and Bubba EXP Realty LLC

  6415 W Smith Rd, Panama City, FL 32409
• 

  

  /14

  $124,900

  • 3 Beds
  • 2 Baths

  2418 Douglas Rd Unit 31, Panama City, FL 32405

  Experience The Shout, where thoughtful design meets everyday comfort. This brand-new Clayton Shout doublewide manufactured home is available now. Priced at just $124,900, Lot 31 delivers unbeatable value with 3 bedrooms, 2 baths, and 1,475 sq. ft. of stylish, functional living space. This doublewide mobile home for sale in Panama City, FL combines modern design, spacious living, and a prime

  Dallas Michels Hidden Oasis Estates

  2418 Douglas Rd Unit 31, Panama City, FL 32405

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