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

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  /16

  $190,000

  • Land
  • 0.6 Acre
  • $316,667 per Acre

  5704 Highway 2297, Panama City, FL 32404

  Price reduction! Imagine waking up to stunning waterfront views on this exceptional .59+/-acre property with Gulf access. This incredible property offers a peaceful setting, perfect for a future investment, building your dream home or a vacation getaway. Just a short drive to Panama City's beaches, marinas, and local conveniences, this location defines coastal living at its finest. Set in a

  

  Kent Whitson

  AG One Land Company LLC

  (448) 200-5923

  5704 Highway 2297, Panama City, FL 32404
• Explore Panama City

• 

  

  

  /21

  $159,000

  • 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
• 

  

  

  /17

  $124,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  825 E 11th Ct, Panama City, FL 32401

  🡠Attention Investors & First-Time Home Buyers! Don't miss this charming 2-bedroom, 1-bath home located at 825 E 11th Ct, Panama City, FL 32401. Perfectly situated in the heart of Panama City, this property offers convenience, potential, and affordability all in one. This cozy home features a functional layout with a dedicated utility room and a welcoming front porch--ideal for relaxing or

  

  MaryAnn Enfinger

  Overstreet Realty

  (448) 200-4343

  825 E 11th Ct, Panama City, FL 32401
• 

  

  

  /12

  $170,000

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

  1209 E 10th St, Panama City, FL 32401

  Duplex for Sale - Cash Buyers Only. 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 opportunities for expansion or

  

  Tracye Crass

  Beach Haven Realty

  (448) 230-7457

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

  

  

  /10

  $190,000

  • Land
  • 0.6 Acre
  • $316,667 per Acre

  5704 Hwy 2297, Panama City, FL 32404

  Price reduction! Imagine waking up to stunning waterfront views on this exceptional .59+/-acre property with Gulf access. This incredible property offers a peaceful setting, perfect for a future investment, building your dream home or a vacation getaway. Just a short drive to Panama Citys beaches, marinas, and local conveniences, this location defines coastal living at its finest.Set in a

  

  Kent Whitson

  Ag 1 Land Company

  (850) 849-3963

  5704 Hwy 2297, Panama City, FL 32404
• 

  

  /33

  $164,900

  • 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
• 

  

  /22

  $100,000

  • 2 Beds
  • 1 Bath
  • 704 Sq Ft

  735 Sheffield Ave, Panama City, FL 32401

  Investor Alert! This cozy Florida home needs a little TLC but otherwise is rental ready with a metal roof and 2019 HVAC system. Covered front and rear porches, a partially fenced yard, covered parking, and 2 storage sheds for convenience. 1 shed is newer and has power and AC. This property is centrally located near Rutherford High School, and in a quickly improving neighborhood, 2 brand new homes

  

  Dennis Nelson

  Keller Williams Success Realty

  (448) 334-5312

  735 Sheffield 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
• 

  

  /39

  $195,000 Open Sat 10AM - 12PM

  • 2 Beds
  • 1 Bath
  • 970 Sq Ft

  2100 W Beach Dr Unit D101, Panama City, FL 32401

  ***OPEN HOUSE! SATURDAY, MAR 28, 10AM-12PM*** Welcome to resort-style, low-maintenance living at the iconic Landmark Condominiums, where this meticulously maintained ground-floor, 2-bedroom, 1-bath condo offers the perfect coastal retreat. This bright and inviting unit features durable tile floors throughout the main living areas, a fresh coastal color palette, and an in-unit stackable washer and

  Courtney Pantalena Coldwell Banker Realty

  2100 W Beach Dr Unit D101, Panama City, FL 32401
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  /6

  $175,000

  • Land
  • 0.67 Acre
  • $261,194 per Acre

  1516 S Berthe Ave, Panama City, FL 32404

  Great Investment Opportunity in Panama City! Two side-by-side lots located at 1512 S Berthe Ave and 1516 S Berthe Ave, Panama City, FL 32404. Both properties are cleared, build-ready, and already elevated for construction, allowing you to start your project right away. Excellent Location Just steps from Tyndall Close access to the water Convenient location with strong growth potential Flexible

  Danitza Galetti EXP Realty LLC

  1516 S Berthe Ave, Panama City, FL 32404
• 

  

  /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
• 

  

  /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
• 

  

  /29

  $180,000

  • 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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  /37

  $200,000

  • 2 Beds
  • 1.5 Baths
  • 1,080 Sq Ft

  712 College Ave, Panama City, FL 32401

  MOVE-IN READY | ESTABLISHED NEIGHBORHOOD | NO HOAPanama City, Florida | Priced at $200,000, this detached single-family home offers a centrally located opportunity with a spacious, newly fenced backyard.Renovated in 2020, the home features LVP flooring throughout and an open floor plan connecting the living area and kitchen, complete with stainless steel appliances.The layout includes

  Alice De La Penha Coldwell Banker Realty

  712 College Ave, Panama City, FL 32401
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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
• 

  

  /3

  $120,000

  • Land
  • 0.27 Acre
  • $444,444 per Acre

  2512 Joan Ave, Panama City, FL 32408

  Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes

  Alisa Duren Bluewater Realty of Bay County Inc

  2512 Joan Ave, Panama City, FL 32408
• 

  

  /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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  /29

  $185,000

  • 2 Beds
  • 1.5 Baths
  • 952 Sq Ft

  1724 Alabama Ave, Panama City, FL 32401

  Coastal charm meets modern comfort just 1.5 blocks from the bay with public water access! Tucked away on a quiet dead-end street that leads directly to the water, this beautifully updated 2-bedroom, 1.5-bath home offers the perfect blend of character, convenience, and location.Step inside to find real hardwood floors throughout the main living areas and tasteful updates throughout. The

  Tammie Charbono Epique Realty Inc

  1724 Alabama Ave, Panama City, FL 32401
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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
• 

  

  /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
• 

  /2

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,320 Sq Ft

  3135 W 22nd St, Panama City, FL 32405

  Charming 3 bed 2 bath in the heart of Panama City, FL.

  Celeste Rustin Gulf Life Real Estate Inc

  3135 W 22nd St, Panama City, FL 32405
• 

  

  /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
• 

  

  /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
• 

  

  /17

  $175,000

  • 2 Beds
  • 1 Bath
  • 1,006 Sq Ft

  522 Arrow St, Panama City, FL 32404

  Introducing 522 Arrow St Panama City FL.... This 2 bedroom, 1 bath town home is conveniently located close to schools, shopping, restaurants and Tyndall Air Force Base. The interior of the home shows well with laminate and tile foors throughout and features a split bedroom plan. The living room is open to the kitchen with tall ceilings that add to the ''space'' of the room. Newer HVAC and water

  Jeff Payne Keller Williams Success Realty

  522 Arrow St, Panama City, FL 32404
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  /6

  $175,000

  • Land
  • 0.67 Acre
  • $261,194 per Acre

  1512 S Berthe Ave, Panama City, FL 32404

  Great Investment Opportunity in Panama City! Two side-by-side lots located at 1512 S Berthe Ave and 1516 S Berthe Ave, Panama City, FL 32404. Both properties are cleared, build-ready, and already elevated for construction, allowing you to start your project right away. Excellent Location Just steps from Tyndall Close access to the water Convenient location with strong growth potential Flexible

  Danitza Galetti EXP Realty LLC

  1512 S Berthe Ave, Panama City, FL 32404
• 

  

  /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
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  /18

  $139,000

  • Land
  • 0.35 Acre
  • $397,143 per Acre

  299 Hugh Thomas Dr, Panama City, FL 32404

  Build Your Dream Home in a Prime Callaway Location! Discover the perfect opportunity at 299 Hugh Thomas Drive, a spacious 0.355-acre homesite ideally located just 8.8 miles from Tyndall Air Force Base. This oversized residential lot offers the perfect balance of privacy, space, and convenience. Water front lot with bayou access leading toward the bay and then gulf of mexico. Currently accessible

  Ceimar Nassar Contreras ERA Neubauer Real Estate Inc

  299 Hugh Thomas Dr, 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
• 

  

  /17

  $170,000

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

  3704 Burnham Way, Panama City, FL 32405

  Don't miss this single story 3-bedroom, 2-bath attached home. With tile throughout the main living areas, you will enjoy the roomy living room, dining room and kitchen with updated appliances. The refrigerator was replaced in 2025, dishwasher (Bosch) in 2024, and stove in 2023. There was a new roof put on in 2025 with Peel N Stick underlayment added, HVAC was replaced in 2022 and the water heater

  Christine Lance Keller Williams Success Realty

  3704 Burnham Way, Panama City, FL 32405
• 

  

  /25

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,032 Sq Ft

  931 Taylor Dr, Panama City, FL 32404

  STRONG POTENTIAL IN THIS INVESTOR HOME! Take a look at this 2BR/1BA home offering 1,032 sq ft that presents a standout opportunity for the savvy construction-based investor. The home features a charming, functional layout anchored by a cozy wood-burning fireplace, plus a generously sized lot with a detached storage building — ideal for added utility, workspace, or future possibilities. This great

  Jessica Albritton Beachy Beach Real Estate

  931 Taylor Dr, Panama City, FL 32404
• 

  

  /25

  $174,900

  • 4 Beds
  • 2 Baths
  • 1,576 Sq Ft

  218 S Charlene Dr, Panama City, FL 32404

  The price just changed. The neighborhood didn't. 🏡 Brick 4BR/2BA | $174,900 | Established Neighborhood Near Tyndall AFB. Solid brick construction, a proven floor plan, and a location that delivers -- this 4-bedroom, 2-bath home is now priced to reflect condition and reward the right buyer. Whether you're an investor running numbers or a handy buyer ready to build serious equity, the

  Ronald Wilson ERA Neubauer Real Estate Inc

  218 S Charlene Dr, Panama City, FL 32404
• 

  

  /5

  $194,900

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

  5916 Callaway Cir, Panama City, FL 32404

  This 3-bedroom, 2.5-bath townhome with a one-car garage is a prime investment opportunity in Sentinel Pointe. With a renter already in place, enjoy immediate rental income with minimal hassle. Property Features: Spacious Layout: Three bedrooms, 2.5 baths, and an attached garage. Modern Appliances: Includes stove, refrigerator, dishwasher, and built-in microwave. Low-Maintenance Living: HOA covers

  Whitney Moore TH Coastal Realty

  5916 Callaway Cir, Panama City, FL 32404
• 

  

  /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
• 

  

  /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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