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

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  /10

  $120,000

  • Land
  • 0.69 Acre
  • $173,913 per Acre

  Unlisted Address

  Commercial lot on N. Palo Alto Ave in Panama City, FL! This 0.694-acre vacant parcel offers high visibility, easy access, and excellent development potential. Perfect for retail, office, or mixed-use projects, the property provides ample space for parking and expansion. A rare opportunity to secure a well-located, growth-oriented site in a thriving neighborhood.

  Zack Seltzer Seltzer Real Estate, LLC

  Unlisted Address
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  /9

  $151,999

  • Land
  • 0.34 Acre
  • $447,056 per Acre

  1000 Spirit Sail Ct, Panama City, FL 32404

  Welcome to Laird Point, where waterfront living meets everyday ease. Tucked along a peaceful natural peninsula off the Intracoastal Waterway, this cleared homesite offers the rare opportunity to build your dream home with year-round deep water access right from your backyard. From your future dock, you can cruise straight from the bayou out to the Gulf, making this an ideal spot for boaters,

  Jacob Hutchins CENTURY 21 Commander Realty

  1000 Spirit Sail Ct, Panama City, FL 32404
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  /15

  $165,000

  • 2 Beds
  • 1.5 Baths
  • 934 Sq Ft

  1325 W 12th St Unit C3, Panama City, FL 32401

  Great opportunity to purchase a condo at the landings at Lake Caroline at an affordable price. This condo offers easy living and low maintenance in an awesome location in Panama City. You can hop on your bike and head to beck ave or downtown Panama City that offers may activities and wonderful restaurants and take advantage of 2 farmers market one at the oaks by the bay and the other at Harrison

  elizabeth gainous Blackwater River Realty

  1325 W 12th St Unit C3, Panama City, FL 32401
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  /34

  $184,900

  • 1 Bed
  • 1 Bath
  • 924 Sq Ft

  105 Allen Ave Unit 56, Panama City, FL 32401

  RECENTLY REMODELED with a modern industrial design, this stylish condo is in a prime location in the heart of Panama City - The Cove. Located directly across the street from St. Andrews Bay, this first floor unit features updated finishes throughout, including exposed ductwork, concrete -style accents, stainless steel appliances, quartz countertops and custom cabinetry. There is also a small

  Tammy Milan Salty Marlin Realty LLC

  105 Allen Ave Unit 56, Panama City, FL 32401
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  /16

  $165,000

  • Land
  • 1.93 Acres
  • $85,492 per Acre

  259 Arlington Dr, Panama City, FL 32404

  Ready to build 7 lakefront lots.The property corner is already clean and ready to build with 400 ft on Hwy 22.The parcel take 7 lots total.The comps shows around the lake from the $300,000.00 and the $350,000.00

  Jan Carlos Cruz Liqui Realty Blu Inc

  259 Arlington Dr, Panama City, FL 32404
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  /6

  $159,000

  • 2 Beds
  • 1 Bath
  • 600 Sq Ft

  1565 Chandlee Ave, Panama City, FL 32405

  Seller will pay up to 10,000 towards buyers closing cost or rate buy downs on This home and has a good rental history. Offers living room/dining room, kitchen 2 bedrooms and one full bath on nice size lot. Close to everything as it is centrally located in Panama City. An appraisal was just done, and list price is the appraisal price. Call for your appointment today.

  Roy Furst Central Bay Realty and Property Management LLC

  1565 Chandlee Ave, Panama City, FL 32405
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  /5

  $134,989

  • Land
  • 0.3 Acre
  • $449,963 per Acre

  2213 Hwy 231, Panama City, FL 32405

  Prime Commercial Property - Welcome to 2213 HWY 231. This property offers an incredible opportunity for your small business, or whatever you choose to place! This property is Zoned C-3A, General Commercial Low, allowing C-1 and C-2 uses as well, providing you the peace of mind to open your horizons of exploring ideas! Everything from Retail, Warehousing, Waste Management, Enterprise, Educational

  Jacob Hutchins CENTURY 21 Commander Realty

  2213 Hwy 231, Panama City, FL 32405
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  /2

  $129,000

  • Land
  • 1.5 Acres
  • $86,000 per Acre

  915 Everitt Ave, P C Beach, FL 32401

  Great price reduction, Owner financing available to the right buyer with 25% down. Great property in a fantastic location with endless possibility's. Vacant and easy to show.

  Steven Altman Anchor Realty Florida

  915 Everitt Ave, P C Beach, FL 32401
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  /16

  $174,950

  • 1 Bed
  • 1 Bath
  • 540 Sq Ft

  5505 Sun Harbor Rd Unit 235, Panama City, FL 32401

  Fully Renovated Waterfront Condo ready to be added to your STR Portfolio.With a boat slip for 1 year with a lift. - Sun Harbor Move-in ready 2nd-floor condo, the only unit fully modernized in Sun Harbor. Features include luxury vinyl flooring, custom solid-wood kitchen with Quartz countertops & new stainless steel appliances, updated bath with herringbone tile, and private deck overlooking the

  Steven Koleno Beycome of Florida LLC

  5505 Sun Harbor Rd Unit 235, Panama City, FL 32401
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  /5

  $165,000

  • Land
  • 1 Acre
  • $165,000 per Acre

  3905 E 11th St, Panama City, FL 32404

  Prime Mixed-Use Lot | 0.95 AC Near New City HallUnlock the potential of this versatile 0.955-acre lot, perfectly positioned near the new Springfield City Hall. With Commercial Mixed-Use zoning, this property offers rare flexibility for developers or business owners.Dual Street Access: Frontage on 11th Street with rear access from Wave Avenue--ideal for seamless traffic flow.Ultimate

  Krista Navarro Gulf Real Estate

  3905 E 11th St, Panama City, FL 32404
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  /51

  $180,000

  • 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
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  /12

  $180,000

  • Land
  • 5.43 Acres
  • $33,149 per Acre

  00 Country Club Dr, Panama City, FL 32404

  Approximately 5.43-acre vacant parcel located on Country Club Drive, offering an opportunity to build your custom home in a spacious setting. This property is part of the ±/- 21-acre package referenced in MLS #784297 and is being offered individually as a potential large parcel sale. The land is partially cleared, providing a head start for future development. A feasibility study and survey are

  Heather Neubauer ERA Neubauer Real Estate Inc

  00 Country Club Dr, Panama City, FL 32404
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  /7

  $174,900

  • 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
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  /31

  $150,000 Pre-Foreclosure

  • 2 Beds
  • 1.5 Baths
  • 972 Sq Ft

  415 Venetian Way, Panama City, FL 32405

  Best Value on Venetian Way! Priced at value. Strong rental potential. Move-in-Ready| No HOA | STR Permitted| Prime Location Short Sale Investment Opportunity! Centrally located and close to shopping and dining, this townhouse is situated in the area's top-rated school district. Enjoy easy access to Panama City Beach, Tyndall Air Force Base, and both 23rd Street and 15th Street two of the city's

  Ke'Asha Dorsett Coldwell Banker Realty

  415 Venetian Way, Panama City, FL 32405
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  /18

  $150,000

  • Land
  • 0.5 Acre
  • $300,000 per Acre

  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
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  /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
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  /17

  $200,000

  • Land
  • 2.5 Acres
  • $80,000 per Acre

  2519 Gornall Ave, Panama City, FL 32405

  Vacant residential parcel located at the end of a dead-end road with no through traffic. Property previously had a residence. Parcel is mostly cleared but currently overgrown. Conveniently situated near shopping, schools, and other local amenities. Approx. 2.499 acres per Property Appraiser. Buyer to verify all information including acreage, lot dimensions, zoning, utilities, and intended use.

  Team Don and Bubba EXP Realty LLC

  2519 Gornall Ave, Panama City, FL 32405
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  /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
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  /28

  $189,000

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

  2712 Oak Hammock Dr, Panama City, FL 32401

  Price Reduction,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 SELECT Partners

  2712 Oak Hammock Dr, Panama City, FL 32401
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  /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
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  /30

  $185,000 Open Sat 12PM - 2PM

  • 2 Beds
  • 2 Baths
  • 861 Sq Ft

  7813 N Lagoon Dr Unit 5C, Panama City, FL 32408

  This 2 Bed / 2 Bath condo is located in Greenwood Estates on the East End of Panama City Beach. This ground floor condo is just a short walk to the Lagoon. The condo features an open floorplan with plenty of natural light. This is the perfect condo for full-time living or weekend retreats. Short-term rental is not allowed. It's being sold partially-furnished. The living room furniture and bedroom

  Gregory Ward Keller Williams Success Realty

  7813 N Lagoon Dr Unit 5C, Panama City, FL 32408
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  /37

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,521 Sq Ft

  1229 S Katherine Ave, Panama City, FL 32404

  Affordable 3BR/2BA home on its own land in 32404! This 1977 mobile home offers a functional layout with split-bedroom potential, covered carport, and two storage sheds for added utility. The property is livable and ready for occupancy, making it a great option for an owner-occupant or investor seeking affordable housing with land ownership. Some repairs will need to be done. No lot rent. Outdoor

  Patrick Casey Full Sail Realty of NWFL

  1229 S Katherine Ave, Panama City, FL 32404
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  /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
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  /11

  $199,000

  • 3 Beds
  • 1 Bath
  • 1,408 Sq Ft

  1901 Hickory Ave, Panama City, FL 32405

  Large cozy 3br/1ba ranch style block home on a 1/4 acre corner lot in Panama City! Lots of room inside and out with 3 large living areas and a huge fenced back yard. Home is centrally located, close to schools, shopping, a lovely upgraded park and playground almost next door, and home is also not too far from the most beautiful beaches in the world!Home is solid with lots of interior upgrade

  David Clement Sun Sand & Sea Beach Realty LLC

  1901 Hickory Ave, Panama City, FL 32405
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  /19

  $183,500

  • 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
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  /2

  $178,000

  • Land
  • 0.41 Acre
  • $434,146 per Acre

  0000 E 19th St, Panama City, FL 32405

  This is a very centrally located property. perfect for a small business or trades company. 19th Street is a major secondary artery from Hwy 231, which easy access to Hwy 98, 23rd Street and all feeder roads.

  Darren Haiman Nations Real Estate, Inc

  0000 E 19th St, Panama City, FL 32405
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  /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
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  /2

  $118,125

  • Land
  • 0.84 Acre
  • $140,625 per Acre

  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
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  /7

  $149,000

  • 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
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  /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
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  /18

  $125,000

  • 2 Beds
  • 1 Bath
  • 729 Sq Ft

  704 Cactus Ave, Panama City, FL 32401

  **Seller Financing available **Finish the Remodel and Add the Final Touches!This 2-bedroom concrete block home is well on its way to completion, with many major updates already done. Recent improvements include new windows, new LVP flooring, new cabinetry, butcher block countertops, and new stainless steel appliances. The bathroom features a tiled shower, and the exterior has been freshly

  Jordan Jarrett Keller Williams Success Realty

  704 Cactus Ave, Panama City, FL 32401
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  /10

  $139,900

  • 4 Beds
  • 2 Baths

  2418 Douglas Rd Unit 38, Panama City, FL 32405

  Beautiful move-in ready 4 bedroom, 2 bathroom home located in Panama City! This spacious home offers a comfortable layout with plenty of room for family and guests. Enjoy a bright living area, functional kitchen, and generously sized bedrooms throughout. Conveniently located close to the beaches and downtown, you'll love having shopping, dining, and entertainment just minutes away. Don't miss

  Dallas Michels Hidden Oasis Estates

  2418 Douglas Rd Unit 38, Panama City, FL 32405
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  /25

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,458 Sq Ft

  3700 Atlantis Dr, Panama City, FL 32409

  This is a relatively newer manufactured home (built around 2022) with 3 bedrooms and 2 bathrooms, offering roughly 1,458 square feet of living space on a modest lot in the Southport area of Panama City. It includes basic interior amenities like forced air heat

  Scott Fader Joseph Walter Realty LLC

  3700 Atlantis Dr, Panama City, FL 32409
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  /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
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  /10

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,344 Sq Ft

  1548 Chandlee Ave, Panama City, FL 32405

  Unfinished business opportunity EXCEPTIONAL, INVESTMENT POTENTIAL! major upgrades are already in place, including a brand-new ceiling, updated electrical wiring throughout and new plumbing installed in the bathroom (partially completed). The heavy lifting has begun-now it's ready for your vision to bring it to life. Zoned MU-2 (buyer to verify) offering flexibility for commercial rental,

  Mayrelis Roman Davila AMERICAN REALTY of Bay Co, Inc

  1548 Chandlee Ave, Panama City, FL 32405
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  /43

  $194,900

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  1516 Clay Ave, Panama City, FL 32405

  Welcome to this inviting 3-bedroom, 1-bath single-family home offering 1,040 square feet of comfortable living space, ideally situated on a spacious .21-acre corner lot in the heart of Panama City. Built in 1960, this home blends classic character with modern convenience. Step inside to find vinyl plank and ceramic tile throughout, complemented by a modern sleek kitchen featuring newer appliances

  Tina Dixon Triple Crown Realty Team

  1516 Clay Ave, Panama City, FL 32405
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  /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
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  /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
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  /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
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  /37

  $199,500

  • 3 Beds
  • 2 Baths
  • 1,248 Sq Ft

  7923 Santa Rosa Ave, Panama City, FL 32409

  This beautifully renovated 3-bedroom, 2-bathroom home is packed with upgrades and situated on a generous 1⁄4 acre lot — offering comfort, space, and peace of mind. Inside, you'll find fresh luxury vinyl plank (LVP) flooring, new carpet and a bright, open layout perfect for everyday living. The kitchen is equipped with brand-new appliances, while both bathrooms have been updated to reflect modern

  Wesley Best Think Real Estate

  7923 Santa Rosa Ave, Panama City, FL 32409

Showing Results 121 - 160, Page 4 of 5