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

• 

  

  

  /51

  $199,000

  • 2 Beds
  • 1 Bath
  • 970 Sq Ft

  2100 W Beach Dr Unit 101, Panama City, FL 32401

  Welcome to your coastal retreat! This charming first-floor condo combines comfort and convenience with access to an array of resort-style amenities. Featuring 2 spacious bedrooms and 1 full bath, this home is designed for easy living and low-maintenance enjoyment. Step outside and indulge in everything this vibrant community has to offer. Relax at two sparkling swimming pools, stay active in the

  Karen Smith Beachy Beach Real Estate

  2100 W Beach Dr Unit 101, Panama City, FL 32401
• 

  

  

  /7

  $165,000

  • 3 Beds
  • 2 Baths
  • 924 Sq Ft

  2001 Twin Oaks Dr, Panama City, FL 32408

  Located just minutes from the Beaches, this property offers exceptional value with its oversized corner lot—providing rare space, privacy, and strong potential for future development or improvement. The 3-bedroom, 2-bath manufactured home sits on a large enclosed backyard, ideal for outdoor living, expansion, storage, or future building opportunities. Whether you plan to renovate, use as a

  Tony Manthey The Premier Property Group

  2001 Twin Oaks Dr, Panama City, FL 32408
• 

  

  

  /23

  $165,000

  • 6 Beds
  • 3 Baths
  • 2,765 Sq Ft

  338 N Bonita Ave, Panama City, FL 32401

  CASH ONLY. Pictures are not hiding anything. Welcome to an incredible INVESTMENT opportunity in the heart of The Cove.One of the largest homes in the neighborhood! 1 BEDROOM APT UPSTAIRS. Priced to sell quickly, this home offers immense potential for those willing to roll up their sleeves and bring it back to life. The property sits on a sizable lot, offering potential for expansion,

  Michelle Stewart RE/MAX SELECT Partners

  338 N Bonita Ave, Panama City, FL 32401
• 

  

  

  /6

  $195,000

  3301 E 1st Ct, Panama City, FL 32401

  This Mixed-Use opportunity allows up to 15 dwelling units per acre. At just under 1 acre, this property could feature your next multifamily project, single family homes, or would make a great Commercial site for your business. The City of Springfield said they prefer a minimum of 50' lots. Water and Sewer is available on Central Ave and 1st Court. You can do either 6 single family lots or 11

  Joshua Hoey Think Real Estate

  3301 E 1st Ct, Panama City, FL 32401
• 

  

  

  /28

  $174,900

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

  3943 Cedar Bluff Rd, Panama City, FL 32409

  Come see this well-maintained 3 bedroom, 2 bathroom home on nearly one acre in the Cedar Bluff community. Offering 1,344 sq ft of living space, this home features an open floor plan, spacious living area, and a kitchen with abundant cabinet storage and modern appliances. The primary bedroom includes a double vanity, garden tub, and separate shower. A mud and laundry room provides convenient

  Savannah Shand Empire Real Estate of Florida LLC

  3943 Cedar Bluff Rd, Panama City, FL 32409
• 

  

  /18

  $150,000

  709 Island Ct, Panama City, FL 32404

  Waterfront Lot in Gated Laird Point - Build Your Dream Home Welcome to 709 Island Court, a half-acre waterfront lot in the private, gated community of Laird Point. With over 100 feet of waterfront frontage, this property offers the perfect setting to design and build your custom coastal home. The Laird Point community combines natural beauty with modern amenities, including gated entry, a

  David Thomasee Think Real Estate

  709 Island Ct, Panama City, FL 32404
• 

  

  /37

  $185,000

  • 1 Bed
  • 1.5 Baths
  • 396 Sq Ft

  1219 Thomas Dr Unit 123, Panama City, FL 32408

  Looking for an affordable second home or income-producing vacation rental? This is one of the best-priced properties on the beach! This 1-bedroom, 1.5-bath home in Emerald Pointe Resort offers everything you need for the perfect coastal getaway. The home has been well maintained and features a new roof, new appliances, new A/C (2021), LVP flooring (2020), fresh interior paint (2020), water heater

  Wanda Miller Adventure Realty Group LLC

  1219 Thomas Dr Unit 123, Panama City, FL 32408
• 

  /2

  $150,000

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  1103 E 11th St Unit A & B, Panama City, FL 32401

  Grreat investment opportunity, one bedroon duplex, with many upgrades. New windows, new HVAC, and new appliances.. Great location.currently occupied and rented. Currently gross rental income is $1400 a month. current leases are up on 6/15/2026 and 8/15/2026. Duplex has good rental record and is a great investment. contact listing agent for showings. All showings must be setup a minimum of 48

  Jim Davis Anchor Realty Florida

  1103 E 11th St Unit A & B, Panama City, FL 32401
• 

  

  /38

  $180,000

  • 2 Beds
  • 1.5 Baths
  • 1,216 Sq Ft

  209 N Kimbrel Ave, Panama City, FL 32404

  Perfect for first-time buyers or savvy investors, this move-in ready two-bed, 1.5-bath end unit townhome offers 1,216 square feet of comfortable living in the heart of Panama City. Just 11 minutes from Tyndall Air Force Base, this home combines convenience with a welcoming coastal lifestyle. The main floor features a spacious living room with luxury vinyl plank flooring, seamlessly connecting to

  Whitney Cooley Scenic Sotheby's International Realty

  209 N Kimbrel Ave, Panama City, FL 32404
• 

  

  /45

  $199,000

  • 2 Beds
  • 2 Baths
  • 1,100 Sq Ft

  21 3rd Ct, Panama City, FL 32404

  Charming 2 bed, 2 bath single-family home on a large lot! Built in 1960, this solid concrete block residence features a carport and NO HOA. Located near Tyndall AFB and local schools & offers a fantastic canvas for upgrades! Don't miss this opportunity in Panama City.

  Savannah Mettille Empire Real Estate of Florida LLC

  21 3rd Ct, Panama City, FL 32404
• 

  

  /28

  $192,000

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

  2712 Oak Hammock Dr, Panama City, FL 32401

  Price improvement,Great starter home or rental. Very nice duplex single unit, Very clean and well maintained. Appliances are in very good condition..Nice quiet neighborhood, centrally located. This would be great for first time buyers or for the investor. it has been used as a rental in the past and produced excellent rental results.

  James Murphy Re/Max Infinity

  2712 Oak Hammock Dr, Panama City, FL 32401
• 

  

  /22

  $125,000

  • Land
  • 0.26 Acre
  • $480,769 per Acre

  1010 E 15th St, Panama City, FL 32405

  Commercial Opportunity You Can't Miss! Zoned for commercial or residential use. This .26-acre lot near the MLK Jr. Recreation Center site and historic Glenwood is ready for your vision. Just minutes from Ascension Sacred Heart Bay Hospital and Downtown Panama City, it's perfectly positioned for growth, visibility, and foot traffic. Lots in this prime area are rare—secure it now

  Cory Brown Think Real Estate

  1010 E 15th St, Panama City, FL 32405
• 

  

  /6

  $164,900

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  235 Central Ave, Panama City, FL 32401

  Investers special! 3-bedroom, 1-bathroom home in desirable Springfield, Bay County! This property features completely renovated interior with contemporary finishes, nice bedrooms perfect for comfortable living. updated flooring throughout, fresh paint. . Located in a prime Springfield location, this property offers convenient access to major shopping centers, close proximity to diverse dining and

  Timothy Knight AMERICAN REALTY of Bay Co, Inc

  235 Central Ave, Panama City, FL 32401
• 

  /2

  $185,000

  • 2 Beds
  • 1.5 Baths
  • 972 Sq Ft

  3914 Venetian Cir, Panama City, FL 32405

  NO HOA FEES, Great investment property or Owner occupy. 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 area access the covered back porch, laundry room and

  Donna Stokes Top Producers Real Estate Ctr

  3914 Venetian Cir, Panama City, FL 32405
• 

  

  /10

  $174,400

  6318 Ivy Rd, Panama City, FL 32404

  ***SELLER WILL FINANCE: 40% DOWN, 6% INTEREST RATE, 30 YEAR AMORTIZATION, 2 YEAR BALLOON!!! CLEARED AND COMPLETELY FENCED IN WATERFRONT LOT, JUST WAITING FOR YOU TO BUILD YOUR DREAM HOME ON!!!*** As of list date this prime waterfront lot is the best priced on the market. Located on a Bayou that leads straight out to the gulf!! Seller has saved you the money by completely clearing the lot and has

  Mario Gobel RE/MAX SELECT Partners

  6318 Ivy Rd, Panama City, FL 32404
• 

  

  /3

  $190,000 New Construction

  • 2 Beds
  • 2 Baths
  • 933 Sq Ft

  1116 Mercedes Ave Unit B, Panama City, FL 32401

  Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

  JAMIE KITZMILLER Think Real Estate

  1116 Mercedes Ave Unit B, Panama City, FL 32401
• 

  

  /19

  $174,890

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 17, Panama City, FL 32408

  OPEN HOUSE SAT, DEC 6TH 1PM-3PMImprovements continue! New stairs and balcony railings in place, walkways on schedule. The best little community =This studio provides a cozy space and perfect for couples or solo travelers; whether you are looking for your own private condo or an investment property, this studio can be both! Steps to Beach Access 13 and great Thomas Drive location! Short drive

  The Emerald Coastal Team Counts Real Estate Group Inc

  4114 Holiday Dr Unit 17, Panama City, FL 32408
• 

  

  /3

  $190,000 New Construction

  • 2 Beds
  • 2 Baths
  • 933 Sq Ft

  1116 Mercedes Ave Unit A, Panama City, FL 32401

  Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

  JAMIE KITZMILLER Think Real Estate

  1116 Mercedes Ave Unit A, Panama City, FL 32401
• 

  /2

  $118,125

  9806 Summer Creek Dr, Panama City, FL 32409

  Welcome to Cedar Creek at Deerpoint Lake. This community is tucked away in a natural setting boasting the large pavilion for picnics or parties, an outdoor catering kitchen and a large pool next to the playground with updated play equipment. There is a nicely decorated clubhouse for your private gatherings, events or roasting marshmallows over the open fire pit out back. Interior lots start at

  Kingslee Chamberlain Gulf Life Real Estate Inc

  9806 Summer Creek Dr, Panama City, FL 32409
• 

  

  /7

  $159,000

  • 1 Bath
  • 1,024 Sq Ft

  5528 Adalee Rd, Panama City, FL 32404

  PRIME LOCATION! This 1.43-acre property tucked away in the quiet Bayou George Heights community offers incredible potential in a peaceful setting. Just a short drive to Tyndall Air Force Base and Panama City's shopping, dining, and white-sandy beaches; this property offers both convenience and tranquil surroundings — the perfect combination for investors, builders, or homeowners looking to create

  Dina Mendes Destin Real Estate

  5528 Adalee Rd, Panama City, FL 32404
• 

  

  /22

  $180,000

  • Land
  • 0.47 Acre
  • $382,979 per Acre

  5022 Florida 22, Panama City, FL 32404

  The Treehouse is an established new and used furniture store that also carries home decor, gifts and jewelry. Business has been in operation for 2 years and is growing and well received. Customers love the unique selection of merchandise offered. This listing is for the business, good will, and inventory only. The building alone and the business with the real estate are listed separately in MLS

  Barbara Hoyt Investors Advantage RE

  5022 Florida 22, Panama City, FL 32404
• 

  

  /25

  $150,000

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 12, Panama City, FL 32408

  Enjoy the perfect beach escape in this fully furnished short-term rental, located just steps from Beach Access 13.The Unit features a new A/C unit (only 1 year old), a brand-new refrigerator, and a washer and dryer for your convenience. A reserved parking spot, along with water is included, and pets are welcome, so everyone in the family can join the fun!Comfortable, clean, and close to

  Tareva Ligas Keller Williams Success Realty

  4114 Holiday Dr Unit 12, Panama City, FL 32408
• 

  

  /8

  $199,999

  • 2 Beds
  • 2 Baths
  • 1,448 Sq Ft

  803 E 10th Ct Unit A & B, Panama City, FL 32401

  Turnkey Rental for Sale! This duplex offers you a variety of opportunity! Whether you are looking for your first investment, or looking for immediate equity, this Duplex has it! Priced well below replacement cost this is an opportunity that will not last. Call today! Annual Gross: $19,725

  Jacob Hutchins CENTURY 21 Commander Realty

  803 E 10th Ct Unit A & B, Panama City, FL 32401
• 

  

  /4

  $185,000

  • Land
  • 0.74 Acre
  • $250,000 per Acre

  118 N Berthe Ave, Panama City, FL 32404

  All sizes are appx/////Great corner lot-170x190Zoned Commercial (C-1)--.74 Acreage--Annual traffic count is estimated at over 5000 on Bertha and over 6000 on Cherry Street. Not in flood zone//// Survey in Documents//City of Callaway furnishes City Water/Sewer!!

  Paul Calhoun CENTURY 21 Commander Realty

  118 N Berthe Ave, Panama City, FL 32404
• 

  

  /3

  $169,500

  • Land
  • 0.28 Acre
  • $605,357 per Acre

  1613 Martin Luther King jr Blvd, Panama City, FL 32405

  100ft Commercial frontage on MLK Blvd. This property is located in Gateway Overlay District zone with zoning GC-2 and GC-1. Very high traffic count on MLK Blvd/(Hwy 77). This is just right for your retail business or development. Great central location minutes to downtown Panama City and just a few minutes to the 23rd Street retail corridor. This listing is for 1613 MLK Blvd and 1615 MLK Blvd

  Jim Davis Anchor Realty Florida

  1613 Martin Luther King jr Blvd, Panama City, FL 32405
• 

  

  /8

  $165,000

  • Land
  • 2.98 Acres
  • $55,369 per Acre

  000 Sunrise Way, Panama City, FL 32409

  Back on the Market! Beautiful waterfront property over looking Sunrise Lake, with approximately 150' on the water. This lot is 2.984 acres and is high and dry, a wonderful place to build your dream home over looking the breath taking view of the lake. This lake is spring fed and offers a lot of privacy. Come see today.

  Scott Ervin St Andrew Shores Realty Serv

  000 Sunrise Way, Panama City, FL 32409
• 

  

  /14

  $199,990

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 16, Panama City, FL 32408

  Charming condo Is located on the 1st Floor, located less than a minute from Beach Access 13. Fully furnished and move-in ready, this unit also has a washer and dryer that convey with the sale. Situated within walking distance of popular restaurants, amusement parks, and local shops! Contact your realtor for a private showing!

  Tareva Ligas Keller Williams Success Realty

  4114 Holiday Dr Unit 16, Panama City, FL 32408
• 

  

  /6

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  7020 Idaho St, Panama City, FL 32404

  Attention Investors! Affordable, Convenient, Quiet! This is a 3bed 2bath home that sits on a quiet street and fenced in on an oversized lot in Callaway, FL. Located near Tyndall AFB, Downtown Panama City, parks, schools, and shopping. Needs some TLC, selling ''As-Is''. Large oversized lot with potential for lot split or a second MH to be added to the property (to be verified with city). High and

  Collier Ellis CENTURY 21 Commander Realty

  7020 Idaho St, Panama City, FL 32404
• 

  /2

  $145,000

  • Land
  • 0.2 Acre
  • $725,000 per Acre

  229 Maine Ave, Panama City, FL 32401

  This vacant mixed-use property is located in an opportunity zone as defined in the Millville comprehensive plan. The comprehensive plan includes diagrams online

  Ronnie Adams Volunteer Properties Mgt. LLC

  229 Maine Ave, Panama City, FL 32401
• 

  

  /7

  $139,000

  1941 E 7th St, Panama City, FL 32401

  Prime infill development opportunity in the City of Panama City. Per recent confirmation from the City, this parcel is zoned Neighborhood Residential and can be divided into 40-foot wide lots based on the current dimensions (approx. 215' of frontage), allowing for up to five buildable lots along Elm Street, with the corner section sized larger. Setbacks in this zoning district are approximately

  Peyton Saluto EXP Realty LLC

  1941 E 7th St, Panama City, FL 32401
• 

  

  /4

  $169,000

  • Land
  • 0.59 Acre
  • $286,441 per Acre

  6014 E Highway 22, Panama City, FL 32404

  Prime vacant land located at 6014 E Highway 22, Panama City, FL 32404, offering an exceptional opportunity for commercial development. This 0.59-acre parcel is positioned along a high-traffic corridor surrounded by major retailers, dining, and services, making it an ideal site for a variety of business ventures. This property offers strong potential for investors or business owners looking to a

  Dina Mendes Destin Real Estate

  6014 E Highway 22, Panama City, FL 32404
• 

  

  /17

  $144,999

  • Land
  • 0 Acre

  1000 E 23rd St A-1 St, Panama City, FL 32405

  Welcome to Mochinut - a well-established Donut Shop, offering a diverse selection of items that's not so normal, where the concept of normality is subjective, backed by extraordinary flavors and a Varity to options that make your guest turn into clients! Mochi donut is the titillating product of the happy union between Japanese rice cake (mochi) and American-style doughnuts, which originated in

  Jacob Hutchins CENTURY 21 Commander Realty

  1000 E 23rd St A-1 St, Panama City, FL 32405
• 

  

  /49

  $199,500

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

  1840 Mallard Dr Unit C, Panama City, FL 32404

  This cozy waterfront townhome have 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 on 2024, ceramic flooring in the kitchen installed on 2022, stainless steel appliances, completely painted on the outside. Come enjoy the tranquility. Make your

  Jeannette LaPrade Coldwell Banker Realty

  1840 Mallard Dr Unit C, Panama City, FL 32404
• 

  

  /21

  $145,000

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 15, Panama City, FL 32408

  What if I told you that you could own a beach getaway for under $150K and it's less than a minute walk to the sand? Search on YouTube ''For Sale Sand Castles Villa 15'' for video tour. Discover your perfect beach getaway at Sand Castles Villa in beautiful Panama City Beach! This well-maintained, fully furnished studio is truly rental-ready and an incredible opportunity for investors or those

  Andrei Cunitin Dalton Wade Inc

  4114 Holiday Dr Unit 15, Panama City, FL 32408
• 

  

  /8

  $119,900

  • Land
  • 0.57 Acre
  • $210,351 per Acre

  707 Island Ct, Panama City, FL 32404

  Amazing Waterfront in the desirable Laird Bayou. Best priced dock-able waterfront in the area. At over half an acre, there is plenty of space to build your Dream Home. Massive open water views across the bayou. Excellent year-round water depths to accommodate large boats. No worries of low bridges or tides restricting your access. Laird Bayou is a gated waterfront community with ribbon curbed

  Donald West Northwest Florida Realty, LLC

  707 Island Ct, Panama City, FL 32404
• 

  

  /26

  $198,500

  • 3 Beds
  • 2 Baths
  • 1,138 Sq Ft

  5319 Garden Cove Rd, Panama City, FL 32404

  Great Opportunity! Great Location! Easy commute to Tyndall AFB, Garden Cove is a small subdivision in Callaway with a total of 30 homes. This home is ready for you to make your own! Seller has completed most of the updating of the home replacing flooring with luxury vinyl plank in the living areas, fresh paint throughout, new dishwasher and fridge, new toilets and new vanity in master bath.

  Shelly McCaskill Panhandle Real Estate

  5319 Garden Cove Rd, Panama City, FL 32404
• 

  

  /19

  $174,890

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 17, Panama City, FL 32408

  This studio provides a cozy space and perfect for couples or solo travelers; whether you are looking for your own private condo or an investment property, this studio can be both! Steps to Beach Access 13 and great Thomas Drive location! Short drive to St. Andrews State Park and other attractions. Don't miss this one!

  Cherie Alexander Counts Real Estate Group Inc

  4114 Holiday Dr Unit 17, Panama City, FL 32408

Showing Results 121 - 157, Page 4 of 4