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

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  /35

  $124,900

  • 2 Beds
  • 1.5 Baths
  • 972 Sq Ft

  131 Cheri Ln, Panama City, FL 32404

  Charming End Unit Townhome — Affordable & Move-In Ready! Discover this end-unit townhouse-style home tucked away in a quiet, non-HOA community, offering freedom from extra fees and restrictions. Step inside to find a freshly painted interior in neutral tones, creating a bright and welcoming feel throughout. The updated kitchen shines with new cabinets, modern countertops, and stainless steel

  

  Scott Seidler

  Keller Williams Success Realty

  (448) 200-2096

  131 Cheri Ln, Panama City, FL 32404
• Explore Panama City

• 

  

  

  /22

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,490 Sq Ft

  3727 E 3rd St, Panama City, FL 32401

  This Rambler home features single-level living with practical design.The property offers comfortable spaces and functional layout, making it an attractive option for various housing needs.DetailsThis well-maintained residence features three comfortable bedrooms and two full bathrooms with resilient premium vinyl flooring throughout. The kitchen comes equipped with stainless steel

  

  MaryAnn Enfinger

  Overstreet Realty

  (448) 334-6960

  3727 E 3rd St, Panama City, FL 32401
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  /21

  $169,000

  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

  $170,000

  TBD E 4th St, Panama City, FL 32401

  Don't miss this prime opportunity to build your dream home in The Cove. This 0.38-acre homesite on 4th Street is just steps from the water and within walking or biking distance of downtown Panama City's newly completed Harrison Avenue streetscape—home to local restaurants, boutiques, the arts, and year-round community events. This flat, builder-ready lot in Flood Zone X offers dual access from

  

  Denise Vickers

  Keller Williams Success Realty

  (448) 333-2423

  TBD E 4th St, Panama City, FL 32401
• 

  

  

  /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
• 

  

  /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
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  /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
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  /29

  $181,997

  • 3 Beds
  • 2 Baths
  • 1,296 Sq Ft

  5548 Glens Way Rd, Panama City, FL 32404

  Step inside this beautifully updated 3 bedroom, 2 bathroom home, perfectly set on a spacious half-acre lot in Panama City. With fresh upgrades throughout, this property combines modern comfort with a peaceful neighborhood feel. ✨ Features You'll Love: Brand new countertops that add style and durability to your kitchen. New flooring throughout, giving the home a clean, modern look.

  kyle Ballif EXP Realty LLC

  5548 Glens Way Rd, Panama City, FL 32404
• 

  

  /13

  $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.

  Zack Seltzer Seltzer Real Estate, LLC

  697 W 13th St, Panama City, FL 32401
• 

  

  /21

  $174,000

  • 3 Beds
  • 2 Baths
  • 1,144 Sq Ft

  5421 Bumby Rd, Panama City, FL 32404

  Ready to move in! Seller is leaving it all for you. Very clean 3 bedroom, 2 bath home. Open floor plan with split bedrooms. Home has a large deck with an extremely nice handicap ramp. Outside 8 X 12 storage building.At this price, seller will leave it completely furnished, even two large flatscreen TVs and a second refrigerator. Check out the photos.

  Joann Walsingham Chipola Realty, Chipley Office

  5421 Bumby Rd, Panama City, FL 32404
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  /41

  $110,000

  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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  /14

  $199,000

  • 1,470 Sq Ft

  8209 Highway 2301, Panama City, FL 32404

  Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI

  Melissa Barbee Realty One Group Emerald Coast

  8209 Highway 2301, Panama City, FL 32404
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  /8

  $140,000

  935 Tidewater Ln, Panama City, FL 32404

  Bring ALL Offers....... 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,

  Brook Simmons Keller Williams Success Realty

  935 Tidewater Ln, Panama City, FL 32404
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  /8

  $165,000

  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
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  /36

  $175,000

  • 3 Beds
  • 2 Baths
  • 990 Sq Ft

  6900 Cherry St, Panama City, FL 32404

  Price Improvement!! Move-In Ready Fully Furnished 3-Bedroom Home Near Tyndall AFB!! AND.....a BIG, BEAUTIFUL, NEW SHED FULLY WIRED!! Welcome to this charming abode, offering comfort, convenience, and an excellent value for first-time buyers. The open-concept floor plan features a brightly lit living area, a user friendly kitchen with modern appliances, and a comfortable dining space perfect for

  Cyndi Beebe Gulf Life Real Estate Inc

  6900 Cherry St, Panama City, FL 32404
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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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  /10

  $195,000

  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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  /27

  $164,900

  • 3 Beds
  • 1 Bath
  • 884 Sq Ft

  4129 Gaines St Unit 4131, Panama City, FL 32404

  *Seller to contribute up to $5,000 toward buyer's closing costs/prepaids with acceptable offer* Welcome to 4129 Gaines Street, a beautiful 3-bedroom, 1-bath home. Blending charm with modern convenience, this move-in ready home is ideally located near schools, shopping, dining, and just a short drive to the beaches of Panama City.

  Peyton Saluto EXP Realty LLC

  4129 Gaines St Unit 4131, Panama City, FL 32404
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  /25

  $149,900

  • 2 Beds
  • 1 Bath
  • 645 Sq Ft

  3733 E 9th St, Panama City, FL 32401

  Welcome to 3733 E 9th St! This fully remodeled home is move-in ready and an excellent option for a first-time buyer or an investor seeking a strong rental property to add to their portfolio. This updated home features new interior doors and trim, fresh interior paint, updated lighting, and modern luxury vinyl plank flooring throughout. The kitchen features brand-new white cabinetry, stainless

  Kaci Hawes Era Neubauer Real Estate Inc,

  3733 E 9th St, Panama City, FL 32401
• 

  

  /23

  $185,000

  • Land
  • 1.24 Acres
  • $149,194 per Acre

  9704 Summer Creek Dr, Panama City, FL 32409

  Discover this WATERFRONT opportunity to build your dream home on a 1.24-ACRE homesite in the stunning Cedar Creek community on Deer Point Lake. This expansive property with approximately 122' of water frontage offers an idyllic blend of beauty and seclusion in a community nestled within a serene wooded paradise. With approximately 122' of water frontage, this oversized property blends natural

  Carly Sostheim Corcoran Reverie

  9704 Summer Creek Dr, Panama City, FL 32409
• 

  

  /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

  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
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  /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 Listing Agents or Office for showing instruction. Completely Remodeled.

  Lester Williams All County Realty

  1628 Flower Ave, Panama City, FL 32405
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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 home has been exceptionally 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, replaced in 2024 and stove is 2023. There was a new roof put on in 2025 with a Peel N Stick underlayment, HVAC was replaced in 2022 and the water heater in 2024.

  Christine Lance Keller Williams Success Realty

  3704 Burnham Way, Panama City, FL 32405
• 

  

  /22

  $178,000

  • 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
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  /13

  $165,000

  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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  /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
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  /10

  $175,000

  • 2 Beds
  • 1 Bath
  • 803 Sq Ft

  1301 Beck Ave Unit 18, Panama City, FL 32401

  Welcome to 1301 Beck Avenue, this great updated unit offers the ideal blend of comfort, convenience and location in the quaint area of Saint Andrews, residents can enjoy walkable access to dining and entertainment options, also a short drive to a nearby boat docks and marina. This second floor unit tile flooring in all the unit,is a 2 bedroom, 1 bath , freshly painted, new roof, hurricane

  Stephen Hachey Lowest Fee Realty LLC

  1301 Beck Ave Unit 18, Panama City, FL 32401
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  /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
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  /31

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 812 Sq Ft

  1730 Mallard Dr Unit F, Panama City, FL 32404

  Step into this charming, freshly updated 2BR/1.5BA townhouse—beautifully renovated and completely move-in ready! With no HOA, this home is an easy yes for first-time buyers, downsizers, or investors looking for a solid rental opportunity. Inside, you'll find bright, welcoming spaces featuring new windows, fresh interior and exterior paint, new flooring upstairs, and a kitchen updated with new

  Karen Smith Beachy Beach Real Estate

  1730 Mallard Dr Unit F, Panama City, FL 32404
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  /23

  $174,900

  • 1 Bed
  • 1 Bath
  • 750 Sq Ft

  2100 W Beach Dr Unit H204, Panama City, FL 32401

  Situated on seven acres of lushly landscaped grounds overlooking the ever-changing waters of St. Andrews Bay, Landmark on St. Andrews Bay is the ideal location for those with a desire to live on the water and within an intimate neighborhood setting offering fishing, boating, swimming, water sports, sunset watching and conch shell blowing, yet within minutes of the emerald seas of the Gulf of

  Patricia Howes Keller Williams Success Realty

  2100 W Beach Dr Unit H204, Panama City, FL 32401
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  /10

  $118,999

  • 2 Beds
  • 1.5 Baths
  • 1,026 Sq Ft

  1522 Kraft Ave, Panama City, FL 32405

  Welcome to 1522 Kraft Ave! This Attached Single Unit offers an abundance of opportunity at the most inexpensive price on the Market! This can be your next Rental or a new spot to call home. Don't wait, this won't last long! Annual Gross: $10,350

  Jacob Hutchins CENTURY 21 Commander Realty

  1522 Kraft Ave, Panama City, FL 32405
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  /8

  $145,000

  • Land
  • 0.27 Acre
  • $537,037 per Acre

  6416 Marvin Ln, Panama City, FL 32409

  Whether you're searching for a primary residence or a weekend retreat with boating access, this property is the perfect fit. This .27-acre canal lot offers quick access to the deep waters of North Bay and is conveniently located near Lynn Haven's shopping and dining. The land is vacant, ready for clearing and building. Buyers are encouraged to verify all information.

  Team Don and Bubba EXP Realty LLC

  6416 Marvin Ln, Panama City, FL 32409
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  /24

  $119,000

  • 2 Beds
  • 1.5 Baths
  • 784 Sq Ft

  1433 S Kimbrel Ave, Panama City, FL 32404

  If you're looking for an affordable income property in a great location with lots of yard space, you must see 1433 S Kimbrel Ave. This property is currently rented at $1,400 a month until Nov 2025. It features two bedrooms and one and a half bathrooms, is situated on a .20 acre lot, and has a storage building with a coved carport. The roof, floors, and water heater were replaced in 2022, along

  Melany Hathcock Keller Williams Success Realty

  1433 S Kimbrel Ave, Panama City, FL 32404
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  /21

  $199,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,264 Sq Ft

  2540 Usery Rd, Panama City, FL 32404

  Welcome to your brand-new Zone 3, 3-bedroom, 2-bath manufactured home offering 1,264 sq ft of thoughtfully designed living space. This home features an open floor plan with modern finishes, spacious bedrooms, and plenty of natural light. Enjoy low-maintenance living in a convenient location close to shopping, hospitals, dining, and the area's beautiful beaches. Whether you're looking for a

  Bryan Lawrence Keller Williams Success Realty

  2540 Usery Rd, Panama City, FL 32404
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  /33

  $119,500

  • 2 Beds
  • 1 Bath
  • 1,226 Sq Ft

  517 S Highway 22 A, Panama City, FL 32404

  Price Reduced!! Spacious townhome with tons of potential. 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

  Daryle Burkey Coldwell Banker Realty

  517 S Highway 22 A, Panama City, FL 32404
• 

  

  /50

  $199,500

  • 3 Beds
  • 2.5 Baths
  • 1,704 Sq Ft

  1840 Mallard Dr Unit C, Panama City, FL 32404

  This cozy waterfront townhome has so much to offer. It has been completely remodeled in the past 2 years. As you enter this cozy townhome, you will see how open and spacious it is, allowing your creativity to flow. It has LP flooring done in 2024, ceramic flooring in the kitchen installed in 2022, stainless steel appliances, completely painted on the outside. Come enjoy the tranquility. Make your

  Nick Brown Coldwell Banker Niceville

  1840 Mallard Dr Unit C, Panama City, FL 32404

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