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

• 

  

  

  /24

  $130,000

  $35K PRICE DROP

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

  6020 Michelle Cir, Panama City, FL 32404

  Welcome home to this well-cared-for 3-bedroom, 2-bathroom home, perfectly situated on a quiet cul-de-sac. Featuring modern finishes throughout, this home offers an open and airy layout designed for both comfortable everyday living and effortless entertaining. The spacious floor plan is complemented by durable luxury vinyl plank (LVP) flooring, creating a seamless flow throughout the main living

  Jordan Jarrett Keller Williams Success Realty

  6020 Michelle Cir, Panama City, FL 32404
• 

  

  

  /8

  $89,999

  • Land
  • 17,424 Sq Ft
  • $224,998 per Acre

  5209 Boat Race Rd, Panama City, FL 32404

  Nestled in the heart of the City of Parker, this versatile vacant parcel offers the perfect blend of small-town charm, coastal convenience, and endless possibilities. Whether you're looking for a homesite, investment opportunity, or the ideal location for your future small business, this property checks all the boxes.Enjoy a quick 10-minute commute to Tyndall Air Force Base and easy access to

  Selina Bullock Selina's Southern Realty LLC

  5209 Boat Race Rd, Panama City, FL 32404
• 

  

  

  /3

  $45,000

  • Land
  • 3,484 Sq Ft
  • $562,500 per Acre

  622 Harmon Ave, Panama City, FL 32401

  622 Harmon Ave is all about 'location' near downtown Panama City. Situated near the heart of the growth to the downtown area, this property is perfect for either a residential or commercial investor, a private owner, or a business professional looking for an extra piece of land. This piece of vacant land is cleared and is zoned 'commercial DTD'-which has many allowable commercial uses; OR it is

  Elaine Fenster Coastal Palms Real Estate

  622 Harmon Ave, Panama City, FL 32401
• 

  

  

  /8

  $114,900

  $10K PRICE DROP

  • Land
  • 10,018 Sq Ft
  • $499,565 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

  $119,900

  $5K PRICE DROP

  • 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
• 

  /2

  $15,000

  • Land
  • 8,712 Sq Ft
  • $75,000 per Acre

  11821 Raintree Dr, Panama City, FL 32404

  Build your vision on this vacant residential lot located at 11821 Raintree Drive in the Sandy Creek Country Club subdivision. Adjacent parcels are also available for purchase. Each parcel is listed separately and may be purchased individually or together. The listing price applies only to the parcel located at 11821 Raintree Drive. Buyer to verify lot dimensions, zoning, utilities, building

  Heather Neubauer ERA Neubauer Real Estate Inc

  11821 Raintree Dr, Panama City, FL 32404
• 

  /2

  $30,000

  $5K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $120,000 per Acre

  614 Redwood Ave, Panama City, FL 32401

  2 buildable quarter acre lots in the heart of Panama City. Partially cleared with access to city water and electric, sewer running on E 7th St.$35,000.00 is per lot. Can sell individually or together. Survey available.

  SAMANTHA CHOAT 1ST CLASS REAL ESTATE ELEVATE

  614 Redwood Ave, Panama City, FL 32401
• 

  

  /6

  $192,500

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  813 E 12th Ct, Panama City, FL 32401

  Looking for a hassle-free rental property? Look no further. This income-producing home comes with a Section 8 tenant already in place, meaning guaranteed rental payments from day one no vacancy, no waiting.The property has undergone a full facelift, featuring updated flooring and an open floor plan that gives the space a fresh, modern feel. Situated in a growing neighborhood with strong

  Sully Tariq Foundation Real Estate Agency LLC

  813 E 12th Ct, Panama City, FL 32401
• 

  

  /16

  $165,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 532 Sq Ft

  3600 Tiki Dr Unit 115, Panama City, FL 32408

  Welcome to 3600 Tiki Dr Unit 115, perfectly situated in the charming and peaceful Hidden Lagoon Villas community just off N. Lagoon Drive. Tucked away from the hustle of larger complexes, this quaint neighborhood offers a more private, relaxed coastal lifestyle. As you travel into this neighborhood, you will ride down a picturesque road lined with beautiful Florida Cottage single-family homes,

  Elaine Fenster Coastal Palms Real Estate

  3600 Tiki Dr Unit 115, Panama City, FL 32408
• 

  

  /9

  $37,500

  $12K PRICE DROP

  • Land
  • 30,927 Sq Ft
  • $52,817 per Acre

  1014 Reel Easy Dr, Panama City, FL 32404

  Spectacular home site in the desirable Laird Bayou community. At over .70 of an acre, there is plenty of space to build your dream home. It backs up to the common area making it more private and giving great proximity to the amenities. Laird Bayou is a gated waterfront community with beautiful custom homes. Ribbon curbed streets and underground utilities. Amenities include a Pool, Boat Launch

  Donald West Northwest Florida Realty, LLC

  1014 Reel Easy Dr, Panama City, FL 32404
• 

  

  /21

  $195,000

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  3101 W 21st Ct, Panama City, FL 32405

  ATTENTION BUYERS AND INVESTORS ALIKE! Are you searching for a property to add to your rental portfolio or the perfect place to call home? Look no further than this traditional home located in the charming Sherwood subdivision. Upon arrival, you'll immediately notice the spacious fenced in corner lot with ample parking and a shed in the back yard. This home boasts three bedrooms and one bathroom,

  Shannon Cole QUORA REALTY

  3101 W 21st Ct, Panama City, FL 32405
• 

  

  /20

  $190,000

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,230 Sq Ft

  6325 Chipewa St, Panama City, FL 32404

  Why wait? Priced to sell! This remodeled 3-bedroom, 2-bath residence offers modern updates, functional living space, and an unbeatable Panama City location. Every detail has been thoughtfully refreshed, making this home truly move-in ready. No need to work on anything. Step inside to discover a bright, open floor plan featuring a completely renovated kitchen with new real wood cabinetry, new

  Susan Cantrell Central Bay Realty and Property Management LLC

  6325 Chipewa St, Panama City, FL 32404
• 

  

  /25

  $190,000

  • 2 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  440 Venetian Way, Panama City, FL 32405

  Welcome to 440 Venetian Way--an updated 2-bedroom townhome in a highly convenient Panama City location, just off Highway 390. Enjoy quick access to restaurants, shopping, schools, and everyday essentials, all while being just a short drive to the bay and beaches. Best of all--no HOA!This home has seen several key updates, including a new roof, flooring, and privacy fence in 2018, offering

  Dien and Andrew Group Think Real Estate

  440 Venetian Way, Panama City, FL 32405
• 

  

  /11

  $39,900

  • Land
  • 30,492 Sq Ft
  • $57,000 per Acre

  13222 Airway St, Panama City, FL 32404

  Are you a pilot looking for the ideal blend of functionality, coastal lifestyle, and aviation convenience? Come discover the exclusive, gated fly-in community of Sandy Creek Airpark, and the luxury of flight centric living.This expansive, cleared, 3/4 acre homesite offers direct runway access and provides the perfect canvas for a custom-built residence with an integrated or detached

  Dawn Dunlap Property Connections Boutique

  13222 Airway St, Panama City, FL 32404
• 

  

  /14

  $119,500

  $4K PRICE DROP

  • Land
  • 22,651 Sq Ft
  • $229,808 per Acre

  729 Vista Del Sol Ln, Panama City, FL 32404

  Build Your Dream Home in an Exclusive Gated CommunityDiscover the perfect canvas for your next custom home in this exclusive, gated luxury community. This beautiful lot is surrounded by stunning grand estates, offering both elegance and privacy. Residents enjoy access to a private boat ramp, making it ideal for boating and waterfront living, along with a private HOA-maintained pool for

  Tareva Ligas Keller Williams Success Realty

  729 Vista Del Sol Ln, Panama City, FL 32404
• 

  

  /21

  $85,000

  $11K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,045 Sq Ft

  1128 S Gay Ave Unit 88, Panama City, FL 32404

  2026 Sunshine | COM1670-608 | 3 Bed / 2 Bath | 1,045 Sq Ft Brand new and move-in ready, this 2026 Sunshine singlewide is the perfect combination of modern style and efficient living. Spanning 1,045 square feet across a 16' x 66' layout, this 3-bedroom, 2-bathroom home is thoughtfully designed to feel open, comfortable, and anything but ordinary. Step inside to a bright, open floorplan where the

  Steven Koleno BEYCOME OF FLORIDA LLC

  1128 S Gay Ave Unit 88, Panama City, FL 32404
• 

  

  /21

  $155,000

  • 2 Beds
  • 1 Bath
  • 1,046 Sq Ft

  533 S Highway 22 A, Panama City, FL 32404

  Welcome to this updated 2-bedroom, 1-bath end-unit townhome in Parker, conveniently located near Tyndall Air Force Base and directly across from Parker Elementary School. Situated within a community offering an HOA-maintained pool, courtyard, and green space, this property combines low-maintenance living with convenient community amenities.Inside, a spacious great room creates an open and

  Savannah Shand Empire Real Estate of Florida LLC

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

  

  /43

  $199,000

  New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,007 Sq Ft

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

  Perfectly positioned for convenience and comfort, this beautifully designed 2-bedroom, 2.5-bath townhome offers easy access to shopping, dining, schools, and is just minutes from the new Martin Luther King Jr. Recreation Center. The main level features a spacious open living area and a well-appointed kitchen with stainless steel appliances, making everyday living and entertaining effortless. A

  James Cameron JC Real Estate Group, LLC.

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

  

  /12

  $65,000

  $5K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $361,111 per Acre

  1926 Coach Scovel Way, Panama City, FL 32405

  Calling all builders and investors! This prime piece of land is ideally situated near shopping, a city park, restaurants, colleges, schools, and just minutes from ''The World's Most Beautiful Beaches'' that make this area famous. Located in the coveted St. Andrews neighborhood, and conveniently close to FSU and Gulf Coast State College, this cleared lot offers limitless potential. Whether you're

  Jesse Cole Counts Real Estate Group

  1926 Coach Scovel Way, Panama City, FL 32405
• 

  

  /4

  $77,000

  • Land
  • 22,215 Sq Ft
  • $150,980 per Acre

  128 N Kimbrel Ave, Panama City, FL 32404

  This conveniently located property offers easy access to Cherry and is within commuting distance to Tyndall AFB and downtown. The property spans approximately 122 feet along Kimbrel Avenue and is about 181 feet deep. Key Details: Zoning: Currently zoned R-6M by the City of Callaway, allowing for single-family residences, including mobile homes. Subdivision Potential: The property's size permits

  Steve Butler ERA Neubauer Real Estate, Inc

  128 N Kimbrel Ave, Panama City, FL 32404
• 

  

  /8

  $114,900

  $30K PRICE DROP

  • Land
  • 11,761 Sq Ft
  • $425,556 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
• 

  

  /25

  $160,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,006 Sq Ft

  522 Arrow St, Panama City, FL 32404

  This charming 2-bedroom, 1-bath home is the perfect opportunity for first-time buyers, investors, or anyone looking to add their personal touch. The open-concept living area features a vaulted ceiling that creates a bright and spacious feel throughout. Step outside to the sun-filled patio overlooking your private backyard pool, ideal for relaxing or entertaining. Additional highlights include a

  Matthew Wright Think Real Estate

  522 Arrow St, Panama City, FL 32404
• 

  

  /5

  $29,120

  • Land
  • 43,124 Sq Ft
  • $29,414 per Acre

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

  Approximately 0.989-acre vacant parcel (Parcel ID 07399-330-000) 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 future development. There is currently no dedicated road access;

  Heather Neubauer ERA Neubauer Real Estate Inc

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

  

  /10

  $59,900

  • Land
  • 29,185 Sq Ft
  • $89,403 per Acre

  600 Reef Ct, Panama City, FL 32404

  Build your dream home on this prime residential lot located at 600 Reef Court in Panama City. Nestled in a quiet cul-de-sac, this property offers the perfect blend of privacy and convenience. With ample space to design a custom home, the lot provides a peaceful setting while still being just a short drive from local schools, shopping, dining, and beautiful Gulf Coast Beaches. Whether you're

  Kayleigh Warren Keller Williams Success Realty

  600 Reef Ct, Panama City, FL 32404
• 

  

  /6

  $58,000

  • Land
  • 6,534 Sq Ft
  • $386,667 per Acre

  509 N James Ave, Panama City, FL 32401

  Affordable opportunity to acquire a 0.15-acre vacant lot at 509 N James Avenue, Panama City, FL 32401. "Zoning: GC 1" This compact parcel is ideal for a retreat or holding as a future investment. Located in a quiet neighborhood with convenient access to local amenities, schools, and major roadways, the property offers flexibility and strong long-term potential. Perfect for first-time buyers,

  Samih Sadiq KELLY RIGHT REAL ESTATE

  509 N James Ave, Panama City, FL 32401
• 

  

  /15

  $20,995

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 832 Sq Ft

  250 Nelle Ave Unit 19.5, Panama City, FL 32404

  This home is located in Palm Haven an all-age Community here in Panama City, FL. Welcome to this 2018 Clayton 2‐bedroom, 1‐bathroom, 832 sq ft home. Discover the perfect blend of affordability and Florida charm in this inviting 1-bedroom, 1-bathroom home with 832 sq ft. of living space. Nestled within the serene and professionally managed Palm Haven Estates, a Parakeet Community, this residence

  Auzzi Dixon Palm Haven

  250 Nelle Ave Unit 19.5, Panama City, FL 32404
• 

  

  /28

  $85,955

  New Construction

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

  250 Nelle Ave Unit H, Panama City, FL 32404

  This home is located in Palm Haven Estates here in Panama City, Florida. Welcome to this brand‐new 2025 Clayton Homes 3‐bedroom, 2‐bathroom, 1,152 sq ft home, featuring an open floor plan designed for modern, comfortable living. Inside, the home offers a spacious open‐concept layout that seamlessly connects the living room, dining area, and kitchen-ideal for both everyday living and entertaining.

  Auzzi Dixon Palm Haven

  250 Nelle Ave Unit H, Panama City, FL 32404
• 

  

  /4

  $49,900

  • Land
  • 34,848 Sq Ft
  • $62,375 per Acre

  00 S Fork Loop, Panama City, FL 32404

  Discover an excellent opportunity to own approximately 0.80 acres in the Bear Creek area of Bay County, Florida. Parcel 03805-326-010 offers a peaceful setting with convenient access from a paved road, making this property an appealing option for those looking to build, invest, or secure additional land in a growing area.The property has been recently cleared, providing a clean starting

  James Gray Counts Real Estate Group

  00 S Fork Loop, Panama City, FL 32404
• 

  

  /24

  $139,900

  $10K PRICE INCREASE

  • 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
• 

  

  /16

  $14,995

  $9K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 384 Sq Ft

  250 Nelle Ave Unit 34, Panama City, FL 32404

  This home is located in Palm Haven Estates here in Panama City, Florida. Welcome to this 2018 Custom Touch 1‐bedroom, 1‐bathroom, 384 sq ft home, offering an affordable and low‐maintenance living option in a friendly community. Inside, the home features a cozy and efficient layout designed to make the most of every square foot. The living area is bright and inviting, with natural light creating a

  Auzzi Dixon Palm Haven

  250 Nelle Ave Unit 34, Panama City, FL 32404
• 

  /2

  $65,000

  • Land
  • 6,098 Sq Ft
  • $464,286 per Acre

  2823 E 17th St, Panama City, FL 32405

  Build your vision on this ready-to-go homesite! The previous home has already been removed, and utilities are in place, making this lot an excellent opportunity for new construction. Surrounded by established homes, this property provides a fresh start for your custom plans. Conveniently located near schools, shopping, dining, and everyday conveniences. Whether you're looking to build your dream

  The Wheeler Sauls Collective Salty Marlin Realty LLC

  2823 E 17th St, Panama City, FL 32405
• 

  /2

  $15,000

  • Land
  • 6,969 Sq Ft
  • $93,750 per Acre

  11827 Raintree Dr, Panama City, FL 32404

  Build your dream home on this 0.168-acre vacant lot located on a cul-de-sac. Conveniently situated within an easy drive of shopping, dining, and Tyndall Air Force Base, this property offers a great opportunity for new construction. Buyer to verify all measurements, zoning, utilities, and building requirements and HOA fees.

  Heather Neubauer ERA Neubauer Real Estate Inc

  11827 Raintree Dr, Panama City, FL 32404
• 

  

  /38

  $115,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,232 Sq Ft

  1019 N Star Ave, Panama City, FL 32404

  AMAZING fix & flip or investment opportunity with this Florida cottage in Panama City! This property has a HUGE amount of potential for someone willing to put in some elbow grease and make it their own! 3 Bedroom / 1 Bath. Covered carport, metal roof and new well pump & tank installed in July 2026. And say 'Howdy' to low utilities cost with your private well and septic system! MASSIVE backyard

  Eugeniu Ursu Eugeniu Ursu

  1019 N Star Ave, Panama City, FL 32404
• 

  

  /21

  $120,000

  • Land
  • 7.15 Acres
  • $16,783 per Acre

  00 Hwy 2301, Panama City, FL 32404

  This large, vacant land parcel is a dream at 7.15 ACRES! Zoning for this land is zoned R-2 single family and duplexes. Build your dream home in the middle with plenty of breathing room around it or develop into townhomes, duplexes or manufactured homes.An ideal location for development, the Bayou George and Youngstown area of Panama City is fast-growing. Located just minutes from the new

  Sostheim Group Corcoran Reverie SRB

  00 Hwy 2301, Panama City, FL 32404
• 

  

  /22

  $34,900

  • Land
  • 14,810 Sq Ft
  • $102,647 per Acre

  0 Patton Place, Panama City, FL 32404

  Build your dream home on this residential lot in one of Bay County's most convenient and rapidly growing areas. Zoned R-1 for single-family residential use, this property is an excellent opportunity for a primary residence, vacation home, or long-term investment. Ideally located just minutes from Lynn Haven, you'll enjoy quick access to shopping, restaurants, schools, and everyday conveniences

  Christopher Bouley Exit Realty Anchor South

  0 Patton Place, Panama City, FL 32404
• 

  

  /36

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 812 Sq Ft

  1730 Mallard Dr Unit F, Panama City, FL 32404

  TURNKEY INVESTMENT OPPORTUNITY | NO HOAWelcome to this beautifully renovated townhouse offering modern updates, low-maintenance living, and excellent investment potential. Ideal for first-time homebuyers, long-term rentals, or short-term rental opportunities, this move-in-ready property features 2 bedrooms and 1.5 bathrooms with thoughtful upgrades throughout.The interior showcases fresh

  Samantha Spraggins Watersound Real Estate

  1730 Mallard Dr Unit F, Panama City, FL 32404
• 

  

  /39

  $160,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,226 Sq Ft

  5014 Hickory St, Panama City, FL 32404

  **PRICE REDUCED** OPEN HOUSE August 23rd, 3pm-5pm*** Welcome to this beautifully updated patio townhome in the charming Hickory Park community. This inviting home features durable vinyl plank flooring throughout the living area and bedrooms, creating a modern and cohesive feel. The spacious primary bedroom and second bedroom are both conveniently located on the first floor. The primary suite

  Amanda Vanover St Andrew Shores Realty Serv

  5014 Hickory St, Panama City, FL 32404
• 

  

  /26

  $85,955

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

  250 Nelle Ave Unit 15, Panama City, FL 32404

  This home is located in Palm Haven Estates here in Panama City, Florida. Welcome to this 3 bedroom, 2 bathroom 1,152 sq ft home. Experience the perfect blend of coastal proximity and modern comfort in this brand-new 3-bedroom, 2-bathroom home located in the heart of Palm Haven Estates. Designed for those who appreciate a clean, contemporary aesthetic, this property offers a fresh start in one of

  Auzzi Dixon Palm Haven

  250 Nelle Ave Unit 15, Panama City, FL 32404
• 

  

  /31

  $100,000

  • Land
  • 4,791 Sq Ft
  • $909,091 per Acre

  5228 Kingston Cir, Panama City, FL 32408

  Welcome to Martinique, one of Bay County's most desirable gated communities! Martinique is conveniently located... in close proximity to the beach, St. Andrew's State Park, some of PCB's best restaurants, live music venues and shopping! Martinique was designed with elegant architectural aesthetics in mind while retaining a sense of natural beauty. It's not an usual occurrence to see deer in your

  Tammy Smith Epique Realty Inc

  5228 Kingston Cir, Panama City, FL 32408
• 

  

  /23

  $60,000

  • Land
  • 32,670 Sq Ft
  • $80,000 per Acre

  810 Vista Del Sol Ln, Panama City, FL 32404

  Here is your chance to build your dream home on a spacious 0.75-acre homesite backing to a permanently protected natural area, ensuring exceptional privacy and peaceful surroundings! Deer and native birds are frequent visitors, creating a true nature lover's retreat. This homesite is among the closest in the community to the pool, boat/RV storage, and private boat ramp, offering exceptional

  Mila Jackson Real Broker LLC

  810 Vista Del Sol Ln, Panama City, FL 32404

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