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

• 

  

  

  /10

  $125,000

  • Land
  • 21,344 Sq Ft
  • $255,102 per Acre

  4407 Deer Point Cove Ln, Panama City, FL 32404

  4407 Deer Point Cove presents the perfect opportunity to build your custom dream home in one of the area's desirable gated communities near Deer Point Lake. This oversized vacant homesite offers a peaceful setting surrounded by natural beauty and established homes, while still allowing you the freedom to create a property tailored to your vision. The lot has not yet been cleared, giving buyers a

  Savannah Shand Empire Real Estate of Florida LLC

  4407 Deer Point Cove Ln, Panama City, FL 32404
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  /40

  $99,900

  $10K PRICE DROP Pre-Foreclosure

  • 3 Beds
  • 2.5 Baths
  • 1,369 Sq Ft

  3109 E Orlando Rd, Panama City, FL 32405

  This home offers solid potential and good bones.Townhome centrally located, features 3 bedrooms, 2.5 baths, and an open kitchen/living/dining area with a wood-burning fireplace. The garage features a bathroom and could be converted to a living space. It is convenient to schools and shopping. The electric meter has been pulled, and inspection and repairs will be required before power will be

  Tifany Sims Overstreet Realty

  3109 E Orlando Rd, Panama City, FL 32405
• 

  

  

  /3

  $17,750

  $2K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $253,571 per Acre

  tbd Redwood Ave, P C Beach, FL 32401

  Ideally positioned at the intersection of Redwood Avenue and 7th Plaza, this compact parcel offers big potential for the right vision.Spanning approximately 0.068 acres (60' x 50'), this lot has been confirmed buildable by the city--making it an excellent opportunity to create a custom residence or investment property in an established neighborhood.The location is especially

  Melana Weems Realty Check Real Estate Services

  tbd Redwood Ave, P C Beach, FL 32401
• 

  

  

  /25

  $17,800

  $1K PRICE DROP

  • Land
  • 9,147 Sq Ft
  • $84,762 per Acre

  1997 Par Dr, Panama City, FL 32404

  Welcome to 1997 Par Drive, tucked away in the peaceful Sandy Creek Ranch & Country Club—a charming, established community known for its privacy and welcoming atmosphere. This cleared 0.214-acre lot sits at the end of a quiet cul-de-sac, offering the ideal setting to build your dream home. With utilities available, a low HOA of just $400 per year, and location in Flood Zone X (no flood insurance

  Tyler Smith Legacy Premier Agency

  1997 Par Dr, Panama City, FL 32404
• 

  

  

  /19

  $183,500

  $6K PRICE INCREASE

  • 1 Bath
  • 400 Sq Ft

  4114 Holiday Dr Unit 17, Panama City, FL 32408

  New exterior paint, New stairs and balcony railings in place, walkways redone! 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 to St. Andrews State Park and other

  The Emerald Coastal Team Counts Real Estate Group Inc

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

  

  /11

  $175,000

  $40K PRICE DROP

  • 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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  /2

  $178,000

  • Land
  • 17,859 Sq Ft
  • $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
• 

  

  /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

  $31K PRICE DROP

  • Land
  • 36,590 Sq Ft
  • $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
• 

  

  /22

  $125,000

  $60K PRICE DROP

  • Land
  • 20,473 Sq Ft
  • $265,957 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 3 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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  /10

  $45,000

  • Land
  • 17,424 Sq Ft
  • $112,500 per Acre

  3620 Eagle Ln, Panama City, FL 32404

  Opportunity awaits at 3620 Eagle Lane! This vacant residential lot is ideally situated in a well-established Panama City neighborhood, offering the perfect blend of convenience and potential. Whether you're looking to build your primary residence, invest, or place a new manufactured home, this property provides a flexible foundation to bring your vision to life. Located just minutes from

  Joshua Hoey Think Real Estate

  3620 Eagle Ln, Panama City, FL 32404
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  /10

  $104,900

  $35K PRICE DROP

  • 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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  /4

  $94,900

  • Land
  • 22,215 Sq Ft
  • $186,078 per Acre

  1411 W Park Ln, Panama City, FL 32404

  Property is over a half acre. It is near the bay and across the street from homes on the canal.It has a 3 bays parking for cars, boats or your toys. It has an attached concrete floor workshop with shelves etc. Size is 22x31 for attached covered parking and shop is 16x22. It has had electric to the shop. Lot is some cleared and ready to build your dream home. I think if you built atwo

  Merle 'Faith' Brown Realty Mark Associates

  1411 W Park Ln, Panama City, FL 32404
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  /8

  $180,000

  $30K PRICE DROP

  • 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

  $165,000

  $5K PRICE DROP

  • 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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  /50

  $199,000

  $26K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,210 Sq Ft

  5119 Marla Dr, Panama City, FL 32404

  Beautifully updated home in Panama City, priced to sell and won't last long! This move in ready attached single unit home offers incredible value in today's Panama City market, where updated homes at this price point are becoming harder to find. Recently refreshed with brand new interior paint throughout the home feels clean, bright, and modern. Previous upgrades include updated cabinets,

  Lindsay Farris Land's End Realty LLC

  5119 Marla Dr, Panama City, FL 32404
• 

  

  /19

  $89,900

  $9K PRICE DROP

  • Land
  • 1.5 Acres
  • $59,933 per Acre

  6807 John Pitts Rd, Panama City, FL 32404

  Pristine 1.499 acre lot that is loaded with potential. Build your new home and have plenty of room for gardening, live stock, and outdoor activities. You'll have that spacious country living feel but you are just minutes to everything! There is no HOA and the lot is high and dry. There is beautiful trees, a pond and a blank slate to build your oasis. This beautiful lot can be accessed in multiple

  Lisa Suggs Anchor Realty Florida

  6807 John Pitts Rd, Panama City, FL 32404
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  /15

  $80,000

  • Land
  • 9,583 Sq Ft
  • $363,636 per Acre

  00 Charles Dr, Panama City, FL 32404

  Gorgeous 0.223-acre lot offering an exceptional opportunity to build your dream home in a beautiful setting--with no HOA restrictions. This spacious parcel provides plenty of 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 getaway, this property serves as the perfect canvas to

  Ayesha Albibi Centergate Realty LLC

  00 Charles Dr, Panama City, FL 32404
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  /7

  $85,000

  $34K PRICE DROP

  • Land
  • 1.56 Acres
  • $54,487 per Acre

  6621 Azalea St, Panama City, FL 32404

  Waterfront on Bayou George! Enjoy being in the country on the water within minutes to town! All info is approx and must be verified by the BUYERS if important.

  Patty Taylor Own It Real Estate LLC

  6621 Azalea St, Panama City, FL 32404
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  /3

  $169,500

  • Land
  • 12,196 Sq Ft
  • $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.

  Adam Drysdale St Andrew Shores Realty Serv

  000 Sunrise Way, Panama City, FL 32409
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  /17

  $16,000

  $7K PRICE DROP

  • Land
  • 1.03 Acres
  • $15,534 per Acre

  00 Harville Dr, Panama City, FL 32404

  Don't miss this 1 acre lot tucked back off the main road in the Sandy Creek area. Zoned R-1 it is mostly cleared and ready for your modular or new construction home (manufactured homes are not allowed in R-1). Plenty of room for all of your toys. There is a natural private road that leads to the property. Perfect for those seeking a quiet, private homesite. Go and view it today! This property is

  Christine Lance Keller Williams Success Realty

  00 Harville Dr, Panama City, FL 32404
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  /53

  $199,000

  $11K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 926 Sq Ft

  100 N Church Ave, Panama City, FL 32401

  HUGE PRICE REDUCTION!MOVE IN READY HOME!Welcome to coastal charm and opportunity at 100 N Church Ave in Panama City! This freshly painted and absolutely adorable Florida cottage sits on a desirable corner lot just steps from the water, offering the perfect blend of lifestyle and investment potential. Built in 1950 and thoughtfully maintained, this 2-bedroom, 1.5-bath home features 926

  Vianah Seamon Anchor Realty Florida

  100 N Church 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
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  /19

  $170,000

  • 2 Beds
  • 1.5 Baths
  • 1,204 Sq Ft

  6521 Pridgen St, Panama City, FL 32404

  Two-story townhome in Callaway, approximately 10 minutes from Tyndall AFB. 2 bedrooms, 1.5 baths, 1,204 square feet. Currently tenant-occupied and rented at $1,350/month, making this a turnkey rental opportunity for investors. The main level offers a tiled living area and a kitchen with granite countertops, white cabinetry, a tile floor, and a garden window over the sink, plus a half bath. Both

  Peyton Saluto EXP Realty LLC

  6521 Pridgen St, Panama City, FL 32404
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  /4

  $139,000

  • Land
  • 25,700 Sq Ft
  • $235,593 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
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  /5

  $40,000

  $4K PRICE DROP

  • Land
  • 10,018 Sq Ft
  • $173,913 per Acre

  3400 E 1st Ct, Panama City, FL 32401

  This is just a vacant lot mobile home friendly

  Patrick Casey Full Sail Realty of NWFL

  3400 E 1st Ct, Panama City, FL 32401
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  /24

  $111,000

  $14K PRICE DROP

  • Land
  • 8,712 Sq Ft
  • $555,000 per Acre

  1150 Cove Pointe Dr, Panama City, FL 32401

  Build your dream coastal retreat at 1150 Cove Pointe Dr, a premium .199-acre homesite in the exclusive Cove Pointe community of Panama City, FL 32401. Perfectly positioned on a quiet interior lot, this property offers an ideal canvas for a custom residence surrounded by natural beauty and upscale coastal charm.Set within a boutique waterfront neighborhood along Watson Bayou, Cove Pointe is

  Joshua Wade Think Real Estate

  1150 Cove Pointe Dr, Panama City, FL 32401
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  /4

  $26,000

  • Land
  • 4,356 Sq Ft
  • $260,000 per Acre

  932 Martin Luther King Junior Blvd, Panama City, FL 32401

  This is it! Here is your chance to place your business on a slice of general commercial property! The property is close to the Historic District, and downtown Panama City. Zoned GC-2. This property offers a high traffic count with its location directly on HWY 77/ MLK Jr Blvd. Don't hesitate, to make this property yours today!

  Holly Holley Legacy Premier Agency

  932 Martin Luther King Junior Blvd, Panama City, FL 32401
• 

  

  /8

  $39,500

  • Land
  • 21,780 Sq Ft
  • $79,000 per Acre

  6630 Tillman Rd, Panama City, FL 32409

  If you've been searching for a homesite that offers both space and convenience, this parcel on Tillman Rd presents a unique opportunity. Featuring a long, wooded footprint surrounded by established homesites, the property provides a peaceful setting with flexibility to design your future residence or investment project (buyer to verify permitted uses). Ideally located just minutes from North Bay

  Joshua Hoey Think Real Estate

  6630 Tillman Rd, Panama City, FL 32409
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  /4

  $93,500

  $1K PRICE DROP

  • Land
  • 9.5 Acres
  • $9,842 per Acre

  12816 Piercy Rd, Panama City, FL 32404

  Enjoy the best of both convenience and nature with this 9.5-ACRE parcel ideally located between Sandy Creek Airpark and Eastern Shipbuilding. The property features a freshwater pond and sits less than 1/4 mile from East Bay. Surrounded by natural beauty, you'll find plenty of wildlife, including deer, right in your backyard! A great spot for a private homesite or weekend retreat.

  Don Janovyak Emerald Coast Realty Group

  12816 Piercy Rd, Panama City, FL 32404
• 

  

  /17

  $99,999

  $59K PRICE DROP

  • Land
  • 0 Sq Ft

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

  Welcome to 1000 E 23rd St; A Prime Opportunity, along the 2 most used roads in all of Panama City, HWY 231 and 23rd St! With the option to bring in your own business, (upon the acceptance of the owner) this location offers an abundance of opportunity! Mochinut has been established in this community for 5 years, providing top quality items that no one could imagine putting together! Choosing from

  Jacob Hutchins CENTURY 21 Commander Realty

  1000 E 23rd St A-1 St, Panama City, FL 32405
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  /30

  $149,999

  $19K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  235 Central Ave, Panama City, FL 32401

  Text listing agent for a link to the 3D tour! Ideally located in the Springfield community of Bay County, this 1,040-square-foot residence offers essential updates and a spacious lot. The home features 3 bedrooms and 1 bathroom, with recent functional improvements including new PEX plumbing and new electrical lines. The interior is finished with fresh paint and new flooring throughout,

  Jeff Cason Cason Pointe Real Estate

  235 Central Ave, Panama City, FL 32401
• 

  

  /7

  $47,500

  • Land
  • 21,344 Sq Ft
  • $96,939 per Acre

  4516 E Lakeland Dr, Panama City, FL 32404

  Perfect opportunity your chance to own a beautiful homesite in the desirable Highpoint Preserve neighborhood. Sitting at just under half an acre, there is plenty of ample space to build your dream home. This is a serene neighborhood in a great area. Just a short drive to Highpoint Landing for direct access to Deerpoint Lake. A wonderful overall location. Lot is not cleared, so you can pick and

  Jeremy Dawson Northwest Florida Realty, LLC

  4516 E Lakeland Dr, Panama City, FL 32404
• 

  /2

  $69,500

  • Land
  • 12,632 Sq Ft
  • $239,655 per Acre

  708 W 11th St, Panama City, FL 32401

  General Commercial lot, well situated between the Bay County Government Center, Bay County Library, Jinks Middle School. On 11th Street, with high daily traffic count and surrounded by residential homes and new multi-family housing. Re-Zone to mixed use is a potential option should it be desired. Property is in a HUBZone.

  Sven Thompson 30 Degree Realty LLC

  708 W 11th St, Panama City, FL 32401
• 

  

  /16

  $48,000

  • Land
  • 32,234 Sq Ft
  • $64,865 per Acre

  12822 Airway St, Panama City, FL 32404

  Welcome to Sandy Creek Airpark! A gated residential airpark community that features a 3,200 ft. paved runway, with lights and a beacon for night operations. The large cleared lots are big enough to build your custom dream home with a private hangar. This runway lot features direct taxiway access to the runway. The very low HOA dues maintain the common areas(runway, roads, taxiways and easements).

  Bruce Mackay ERA Neubauer Real Estate Inc

  12822 Airway St, Panama City, FL 32404
• 

  

  /11

  $175,000

  New Construction $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 906 Sq Ft

  3203 E 2nd Place, Panama City, FL 32401

  Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery,

  Patricia Rodrigues Alves CostaBella Real Estate, LLC

  3203 E 2nd Place, Panama City, FL 32401
• 

  

  /33

  $179,000

  $20K PRICE DROP

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

  1840 Mallard Dr Unit C, Panama City, FL 32404

  Waterfront Townhouse - 3 Bed | 3 Bath | Fully RemodeledExperience coastal living at its finest in this beautifully remodeled two-story waterfront townhouse! Featuring 3 spacious bedrooms and 3 full bathrooms, this home offers the perfect blend of modern design and serene views.Step inside to an open-concept floor plan with brand-new luxury vinyl plank flooring (2024) and a ceramic-tiled

  Jeannette LaPrade Coldwell Banker Realty

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

  

  /4

  $30,500

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $179,412 per Acre

  7205 Lake Suzzanne Ln, Panama City, FL 32404

  Vacant residential lot on a cul-de-sac. The subdivision has a nice lake for recreational activities. seller has 2 other lots near by. You can buy one or ALL.

  Sarra Ezzagaghi Global Contact Realty, Inc

  7205 Lake Suzzanne Ln, Panama City, FL 32404
• 

  

  /3

  $40,000

  • Land
  • 33,105 Sq Ft
  • $52,632 per Acre

  5610 Dwan Ln, Panama City, FL 32404

  Great opportunity to purchase an affordable property with a deepwater well already in place. With over three quarters of an acre this property creates the space for your home and enjoying your privacy while still being located close to shopping, dining, schools and hospitals. A creek runs along the back of the property and opens up to a larger body of water. For more information do not hesitate

  Wheeler Sauls Collective Salty Marlin Realty

  5610 Dwan Ln, Panama City, FL 32404

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