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

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  • /18

    $175,000

    $30K PRICE DROP
    • 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

    Agent Photo

    Dennis Nelson

    Keller Williams Success Realty

    213 Springfield Ave, Panama City, FL 32401
  • /28

    $194,900

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 972 Sq Ft

    3914 Venetian Cir, Panama City, FL 32405

    NEWLY RENOVATED PROPERTY. DON'T miss this one.NO HOA FEES, Great investment property or Owner occupied. This is an end unit offering a larger side yard and side access to the back yard. This Townhome offers 2 nice size bedrooms on the 2nd floor as well as a full bath. The first floor offers Livingroom /dining as well as a half bath. Kitchen with breakfast bar. Sliding doors from the dining

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    Donna Stokes

    Top Producers Real Estate Group

    3914 Venetian Cir, Panama City, FL 32405
  • /8

    $41,900

    $3K PRICE DROP
    • Land
    • 21,780 Sq Ft
    • $83,800 per Acre

    200 Beechwood Way, Panama City, FL 32404

    Discover the possibilities with this spacious 1⁄2-acre homesite at 200 Beechwood Way, Panama City, FL! Whether you're dreaming of building a custom home or placing a new mobile home, this versatile property offers the flexibility you've been looking for. Zoned for both single-family and mobile homes, the lot measures approximately 100' x 220', providing plenty of room for your home, workshop, RV,

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    Misty Curtis

    Anchor Realty Florida

    200 Beechwood Way, Panama City, FL 32404
  • /47

    $200,000

    • Land
    • 6,534 Sq Ft
    • $1,333,333 per Acre

    00 Treasure Cir, Panama City, FL 32408

    This fantastic blank slate is situated in the desirable Treasure Island area of Panama City Beach, just under half a mile from two public beach access points. Convenient location, convenient access 1 block off Thomas Dr, and views of South Lagoon from your potential home! Enjoy easy access to the pristine white sandy beaches and the sparkling waters of the Gulf. Measuring 75 by 85 feet, this lot

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    Heather Fox

    Beachy Beach Real Estate

    00 Treasure Cir, Panama City, FL 32408
  • /6

    $109,900

    $19K PRICE DROP
    • Land
    • 42,688 Sq Ft
    • $112,143 per Acre

    5319 Sunwood Rd, Panama City, FL 32404

    GREAT BIG LOT to build your dream home!! The lot is cleared and ready. This area is up and coming, is close enough to town but far enough away to be secluded! Drive by and go see it!!

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    Misty Curtis

    Anchor Realty Florida

    5319 Sunwood Rd, Panama City, FL 32404
  • /22

    $119,500

    $6K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 624 Sq Ft

    1324 Lincoln Dr, Panama City, FL 32401

    Clean and move in ready. A screened-in porch welcomes you inside to the living area; with the kitchen located to the right and two bedrooms and a bathroom are located to the left. The layout is simple and functional. Priced with today's market in mind, this home is full of potential. An ideal opportunity for a first-time buyer or an investor looking to add to a rental portfolio.

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    Yvette Colona

    Coldwell Banker Realty

    1324 Lincoln Dr, Panama City, FL 32401
  • /2

    $59,900

    $10K PRICE DROP
    • Land
    • 2 Acres
    • $29,950 per Acre

    00 Dogwood Way, Panama City, FL 32404

    Great 2-acre lot to build your new home or New Mobile home, lot appears to be wooded, choose what you want to be cleared, also the ariel appears to share a small pond in the rear of the parcel. Buyers to verify with inspections. Seller has never visited the property. Peaceful location but convenient to Tyndall Air Force Base as well parks, shopping and approximate 20-30 min to the World's Most

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    Donna Stokes

    Top Producers Real Estate Group

    00 Dogwood Way, Panama City, FL 32404
  • /4

    $49,000

    • Land
    • 13,068 Sq Ft
    • $163,333 per Acre

    1026 Tidewater Ln, Panama City, FL 32404

    MORE PHOTOS COMING SOON! Build your custom coastal retreat in the exclusive gated waterfront community of Laird Point, perfectly positioned on a natural peninsula along the Intracoastal Waterway. This exceptional water-view home site offers the rare opportunity to enjoy bayou, marsh, and East Bay views from multiple vantage points, with Laird Bayou just across the street. Build up to 45 feet high

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    Jennifer Bond

    Compass Florida, LLC

    1026 Tidewater Ln, Panama City, FL 32404
  • /11

    $169,000

    • Land
    • 3.05 Acres
    • $55,410 per Acre

    8410 S Holland Rd, Panama City, FL 32409

    Discover the opportunity to build your custom home on this 3.05-acre vacant parcel offering a great combination of space, privacy, and convenience. With paved road access and plenty of room to create a homesite that fits your vision, this property provides the flexibility to enjoy a more spacious setting without giving up convenient access to town.The property offers room for a custom

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    Jimmy Lashley

    Anchor Realty Florida

    8410 S Holland Rd, Panama City, FL 32409
  • /19

    $99,000

    $50K PRICE DROP
    • Land
    • 10.6 Acres
    • $9,340 per Acre

    10.6 ACRES Allanton Rd, Panama City, FL 32404

    Welcome to 10.6 high & dry acres along Allanton Rd, Panama City, Bay, County Florida!! This stunner offers privacy and natural beauty located in the peaceful Allanton community of Bay County, Florida. Surrounded by large agricultural tracts, the property features planted pines, native vegetation, abundant wildlife, and excellent recreational opportunities. Whether you're seeking a private site

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    Julie G'Vitale

    Meadows Hale Realty Inc

    10.6 ACRES Allanton Rd, Panama City, FL 32404
  • /26

    $159,900

    • 2 Beds
    • 2 Baths
    • 840 Sq Ft

    214 Everitt Ave, Panama City, FL 32401

    Cozy spot with several shaded trees and fenced yard. This 2020 model is ready for it's new owners. Updated Kitchen with new cabinets, stove, sink and countertops. Fresh paint and carpet throughout for comfortable living.Located near stores, parks, schools, public boat launches and more. Plenty of room to park vehicles, boat, etc. 5 Minutes to all new Parker Sports Complex, an 18 acre park

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    Dennis Nelson

    Keller Williams Success Realty

    214 Everitt Ave, Panama City, FL 32401
  • /10

    $20,000

    • Land
    • 1.1 Acres
    • $18,182 per Acre

    12128 Cue Dr, Panama City, FL 32404

    *Build Your Vision in a Peaceful Setting* NO HOA ... Discover the freedom to design your dream home on this R-1 residential-zoned lot (no mobile homes). This large 145x307 property spans over an acre of tranquil Florida land just off East Bay. Tucked away on Cue Drive, this property offers the perfect blend of privacy and potential, with easy access. Whether you're planning a custom build, a

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    Kirsten McAndrew

    Counts Real Estate Group Inc

    12128 Cue Dr, Panama City, FL 32404
  • /2

    $49,999

    • Land
    • 6,534 Sq Ft
    • $333,327 per Acre

    2409 E 16th St, Panama City, FL 32405

    Cleared and ready for your vision! This 50' x 145' homesite is centrally located in the heart of Panama City, offering convenient access to shopping, dining, schools, downtown, Panama City Beach, and Tyndall Air Force Base. Water and sewer are available, and the property is located in Flood Zone X. Whether you're planning a primary residence, investment property, or new construction project, this

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    Justin Cater

    EXP Realty LLC

    2409 E 16th St, Panama City, FL 32405
  • /13

    $32,900

    $2K PRICE DROP
    • Land
    • 10,890 Sq Ft
    • $131,600 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

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    Erich Hardy

    Compass Florida, LLC

    1744 Mallard Dr, Panama City, FL 32404
  • /19

    $168,000

    $4K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 540 Sq Ft

    5505 Sun Harbor Rd Unit 213, Panama City, FL 32401

    🌅 Waterfront Living, Stunning Sunsets & Short-Term Rentals Allowed! Wake up to breathtaking water views and end each day with spectacular sunsets from your own private furnished balcony. This charming waterfront studio at Sun Harbor offers the perfect blend of relaxation, coastal adventure, and investment potential -- all with direct Gulf access and short-term rentals allowed. Dreaming of

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    Kim Limmer

    Coastal Palms Real Estate

    5505 Sun Harbor Rd Unit 213, Panama City, FL 32401
  • /11

    $167,900

    $12K PRICE INCREASE
    • 2 Beds
    • 1.5 Baths
    • 936 Sq Ft

    3742 E 9th St, Panama City, FL 32401

    NO HOA FEES, Affordable 2 bed , 1.5 bath with fenced back yard. The first floor offers Livingroom/dining area and half bath, kitchen with breakfast bar. Sliding doors off the dining area access the covered back porch, laundry room and fenced back yard. 2nd floor you have 2 nice size bedrooms and full bath. Call today to schedule an appointment for showing.

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    Donna Stokes

    Top Producers Real Estate Group

    3742 E 9th St, Panama City, FL 32401
  • /12

    $179,900

    • 2 Beds
    • 1.5 Baths
    • 936 Sq Ft

    3744 E 9th St, Panama City, FL 32401

    NO HOA FEES, Affordable 2 bed , 1.5 bath End Unit with fenced back yard. The first floor offers Livingroom/dining area and half bath, kitchen with breakfast bar. Sliding doors off the dining area access the covered back porch, laundry room and fenced back yard. 2nd floor you have 2 nice size bedrooms and full bath. Call today to schedule an appointment for showing. Unit next door also available

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    Donna Stokes

    Top Producers Real Estate Group

    3744 E 9th St, Panama City, FL 32401
  • /13

    $159,000

    New Construction
    • 1 Bed
    • 1 Bath
    • 499 Sq Ft

    5612 E Highway 98 Unit 1, Panama City, FL 32404

    This adorable home is for sale!! 2026, lovely finishes and so many features!! Hardie board exterior, luxury interior and all appliances included. There is a loft for extra space or kids sleeping quarters. There is a 40 boat slip BRAND NEW marina on property! Access to the Gulf and beautiful views are at your fingertips! The Coldwater is move in ready, the views are loaded up and ready for you! Go

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    Misty Curtis

    Anchor Realty Florida

    5612 E Highway 98 Unit 1, Panama City, FL 32404
  • /31

    $195,000

    $14K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,166 Sq Ft

    202 Callaway Chase Ln, Panama City, FL 32404

    Immaculate end-unit townhome! Seller offering $5,000 in Closing Costs assistance and Fidelity National Home Warranty. This 3Br/2.5Ba home features fresh paint, open Kitchen/Living Room, new stainless steel appliances, a large side yard, oversized patio area, and Hardie board siding. Plenty of room in the one car garage for the family car. The Washer & Dryer are included, and all furnishings are

    Eren Sullivan Counts Real Estate Group

    202 Callaway Chase Ln, Panama City, FL 32404
  • /8

    $37,000

    $2K PRICE DROP
    • Land
    • 34,848 Sq Ft
    • $46,250 per Acre

    12109 Caruso Dr, Panama City, FL 32404

    Looking for land but overwhelmed by permits, wetlands, and all the ''extra stuff'' that usually comes with building? This property already has much of the hard work completed for you. Welcome to 12109 Caruso Drive in Panama City, Florida -- an approximately 0.97-acre homesite with an approved Environmental Resource Permit already in place for a single-family home, pool, garage, yard, and

    Angela Foust Performance Realty

    12109 Caruso Dr, Panama City, FL 32404
  • /14

    $120,000

    • Land
    • 27,007 Sq Ft
    • $193,548 per Acre

    00 Stephens Dr, Panama City, FL 32404

    Gorgeous 0.626-acre waterfront lot with access to the Gulf, offering an exceptional opportunity to build your dream home in a beautiful, serene setting, with no HOA restrictions. This spacious parcel provides ample room for a custom residence, outdoor living areas, and thoughtfully designed landscaping. Whether you envision a modern retreat, a traditional family home, or a peaceful coastal

    Ayesha Albibi Centergate Realty LLC

    00 Stephens Dr, Panama City, FL 32404
  • /35

    $199,000

    New Construction $16K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,007 Sq Ft

    1421 Martin Luther King Junior Blvd Unit A, Panama City, FL 32401

    Location, location, location! Enjoy low-maintenance living in this beautifully designed 2-bedroom, 2.5-bath home conveniently located near shopping, dining, schools, and just minutes from the new Martin Luther King Jr. Recreation Center. The spacious first floor features an open-concept layout with a full kitchen complete with stainless steel appliances and a large family room perfect for

    James Cameron JC Real Estate Group, LLC.

    1421 Martin Luther King Junior Blvd Unit A, Panama City, FL 32401
  • /3

    $35,000

    • Land
    • 2,178 Sq Ft
    • $700,000 per Acre

    2807 E 6th St, Panama City, FL 32401

    Build your dream home or investment property on this vacant residential lot in the heart of Panama City. Conveniently located just minutes from downtown, local shopping, restaurants, schools, parks, and public boat ramps, this property offers an excellent opportunity to enjoy everything the area has to offer while remaining close to everyday conveniences.Whether you're looking to build a

    The Wheeler Sauls Collective Salty Marlin Realty LLC

    2807 E 6th St, Panama City, FL 32401
  • /29

    $174,900

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,104 Sq Ft

    4455 W 19th St Unit 16, Panama City, FL 32405

    Great opportunity in St. Andrews to own a townhome with potential. This property offers a functional layout with comfortable living space and is ready for a new owner to add their personal touch. A good option for buyers looking to customize or invest. Conveniently located in Panama City with easy access to shopping, dining, and everyday amenities. All measurements, zoning, and sizes are

    Luisa Dick Coldwell Banker Realty

    4455 W 19th St Unit 16, Panama City, FL 32405
  • /6

    $175,000

    • Land
    • 29,185 Sq Ft
    • $261,194 per Acre

    1516 S Berthe Ave, Panama City, FL 32404

    Excellent Build-Ready Lot in Panama City! Located at 1516 S Berthe Ave, Panama City, FL 32404, this cleared and elevated lot is ready for construction, providing a great opportunity to begin your project without the added preparation. Enjoy a convenient location just minutes from Tyndall Air Force Base, with easy access to the water and nearby shopping, restaurants, and local amenities. Whether

    Danitza Galetti EXP Realty LLC

    1516 S Berthe Ave, Panama City, FL 32404
  • /11

    $125,000

    • Land
    • 5,662 Sq Ft
    • $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
  • /8

    $47,000

    • Land
    • 13,503 Sq Ft
    • $151,613 per Acre

    17 4s 13w Unit 13W, Panama City, FL 32404

    Property Highlights: Ideal for new construction, mobile home, or investment property. Mixed-use zoning offers flexible buildoptions. Flat, buildable land with easy access to paved Beulah Avenue. Public water and sewer available atthe street. Convenient to schools, shopping, and downtown Panama City. Market Opportunity Vacant lots in this area have been selling steadily, with strong demand

    Patrick Casey Full Sail Realty of NWFL

    17 4s 13w Unit 13W, Panama City, FL 32404
  • /23

    $180,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft

    2100 W Beach Dr Unit B202, Panama City, FL 32401

    Relax and enjoy your quiet courtyard view from this second floor one bedroom condo in the Waterfront community of Landmark Condominiums. Updates include a fully remodeled bathroom with walk in shower, kitchen cabinets, countertops and appliances. Fully furnished and move in ready! Experience easy living with access to two pools, a dock, private beach, fitness room and clubhouse with a pavilion.

    Savannah Hamilton Paradise Properties

    2100 W Beach Dr Unit B202, Panama City, FL 32401
  • /3

    $84,000

    $5K PRICE DROP
    • Land
    • 12,196 Sq Ft
    • $300,000 per Acre

    3928 E 9th St Unit B, Panama City, FL 32404

    Beautiful Pondside Lot is ready to build your new home. Located in a well-established peaceful neighborhood with NO HOA. All utilities are in place, thanks to a prior structure cleared in 2020. Seller has cleared site of underbrush making it truly ready to build. Excellent location centrally located to the Beaches, Tyndall AFB, shopping and restaurants. Don't miss this rare build-ready

    Melissa Barbee Barbee Beach House Realty

    3928 E 9th St Unit B, Panama City, FL 32404
  • /12

    $28,000

    • Land
    • 11,761 Sq Ft
    • $103,704 per Acre

    923 Watermark Way, Panama City, FL 32404

    Build Your Dream Home in a Gated Waterfront Community! Discover the perfect opportunity to create your coastal retreat on this recently cleared lot in the exclusive Laird Point community. This gated, waterfront neighborhood offers a serene and private atmosphere while providing convenient access to the water for boating and fishing enthusiasts. Located just minutes from local restaurants, shops,

    John Arroyo LPT Realty LLC

    923 Watermark Way, Panama City, FL 32404
  • /6

    $45,000

    • Land
    • 1.03 Acres
    • $43,689 per Acre

    2204 Bj Dr, Panama City, FL 32404

    Build Your Future On A Blank Canvas! Located On The Outskirts Of Panama City, This 1.033 Acre Parcel Of Raw Land Offers Endless Possibilities. Whether You're Dreaming Of A Custom-Built Home Or Prefer The Flexibility Of A Manufactured Home, This Property Provides The Perfect Place To Bring Your Vision To Life. Enjoy The Freedom To Start Fresh And Create A Home That Fits Your Lifestyle - All While

    Dawn Severt Coastal Vibes Luxury Realty

    2204 Bj Dr, Panama City, FL 32404
  • /24

    $199,000

    • 1 Bed
    • 2 Baths
    • 864 Sq Ft

    1328 Friendship Ave, Panama City, FL 32401

    Irresistible Florida COTTAGE CHARM meets modern convenience in historic Saint Andrews! Located in the Oak Hill community of Saint Andrews, this is THE PICTURESQUE SETTING you've been looking for! Need a quiet hideaway? Looking for roots for your small family? Require an OFFICE SETTING in your home? Maybe an affordable rental property! This thoughtfully-designed, one bedroom two bath home

    Tricia Mcgrath Sugar Shore Properties

    1328 Friendship Ave, Panama City, FL 32401
  • /23

    $152,500

    $17K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,075 Sq Ft

    12030 Raintree Dr Unit C, Panama City, FL 32404

    12030 Raintree Dr, Unit C is a fully renovated unit with all new stainless steel appliances, setting the foundation for a modern kitchen. It offers comfortable living with 2 bedrooms and 2 baths, perfect for anyone looking for a place in a peaceful community. The unit is situated on a beautiful pond in a well maintained setting with a fair HOA of just $400 annually. This move in ready home is an

    Emily Whatley Counts Real Estate Group Inc

    12030 Raintree Dr Unit C, Panama City, FL 32404
  • /37

    $195,000

    $5K PRICE DROP
    • 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
  • /31

    $175,999

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    13606 Fiddlers Green Rd, Panama City, FL 32409

    Charming little Florida Cottage completely refurbished. 2-bedroom 1 bath includes a washer and dryer combo, fridge, stove and dishwasher while also being located within walking distance to Deane Bozeman School. Perfect for a starter home, small family or retired couple. Dollar General is within walking distance as well. The property is a little over an acre and is fenced in that includes a pump

    Suzanne Moore Coldwell Banker Realty

    13606 Fiddlers Green Rd, Panama City, FL 32409
  • /41

    $110,000

    • Land
    • 4,791 Sq Ft
    • $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
  • /3

    $120,000

    $20K PRICE INCREASE
    • Land
    • 11,761 Sq Ft
    • $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
  • /11

    $35,000

    $9K PRICE DROP
    • Land
    • 6,098 Sq Ft
    • $250,000 per Acre

    1917 Lombardy Ave, Panama City, FL 32405

    Looking for an affordable residential lot in the heart of Panama City with serious potential? Look no further than 1917 Lombardy Avenue! This 5,600± sq. ft. parcel provides convenient access to shopping, medical facilities, schools, and major roadways.Enjoy close proximity to St. Andrews Bay access points, marinas, and waterfront recreation, making this an ideal location for those seeking a

    Dien and Andrew Group Think Real Estate

    1917 Lombardy Ave, Panama City, FL 32405
  • /2

    $30,475

    $9K PRICE INCREASE
    • Land
    • 1.08 Acres
    • $28,218 per Acre

    LOT 10 Sage Brush Dr, Panama City, FL 32404

    Large Vacant Lot in the Bayou George/Youngstown area. All information and measurements should be verified if important

    Deborah Class ERA Neubauer Real Estate, Inc

    LOT 10 Sage Brush Dr, Panama City, FL 32404
  • /5

    $25,600

    • Land
    • 1.04 Acres
    • $24,615 per Acre

    25 4s 13w -1 349a-, Panama City, FL 32404

    Approximately 1.039-acre vacant parcel (Parcel ID 07399-330-001) located in the Sandy Creek area. This wooded lot is part of the ±/-21-acre package referenced in MLS #784297 and is being offered individually as a potential separate lot sale. The property is wooded and may require clearing. Well and septic will be needed for development. There is currently no dedicated road access; however, the

    Heather Neubauer ERA Neubauer Real Estate Inc

    25 4s 13w -1 349a-, Panama City, FL 32404

Showing Results 1 - 40, Page 1 of 8

Home Price Trends

Median Sale Price
$316,775
Median Single Family Sale Price
$325,245
Median Townhouse Sale Price
$267,450
Median 2 Bedroom Sale Price
$309,000
Median 1 Bedroom Sale Price
$294,900
Average Price Per Sq Ft
$244
Number of Homes for Sale
1,219
Last 12 months Home Sales
2,559
Months of Supply
5.70
Median List Price
$340,480
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-4%
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