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

• 

  

  

  /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
• 

  

  

  /14

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,361 Sq Ft

  1109 Cypress Ave, Panama City, FL 32401

  OPPORTUNITY AWAITS AT 1109 CYPRESS AVENUE! Situated on an oversized lot in an established Panama City neighborhood, this property offers a unique opportunity for a builder, investor, or buyer looking to create something of their own. The previous home was damaged by fire and is being sold in its current condition, with the existing foundation and portions of the framing remaining. The real value

  Carrie Routt Keller Williams Success Realty

  1109 Cypress Ave, Panama City, FL 32401
• 

  

  

  /10

  $43,000

  • Land
  • 34,412 Sq Ft
  • $54,430 per Acre

  12821 Airway St, Panama City, FL 32404

  Welcome to Sandy Creek Air Park, a gated pilot's paradise. We offer underground utilities with public sewer and water. The lot is over 3/4 acre, big enough to build your custom dream home with a private hangar. The Sandy Creek Airpark Owners Association maintains the runway, airpark roads and taxiways, and common areas. The paved runway is 3300 feet with lights and a beacon for nighttime flying.

  Bruce Mackay ERA Neubauer Real Estate Inc

  12821 Airway St, Panama City, FL 32404
• 

  

  /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
• 

  

  

  /18

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,652 Sq Ft

  4002 W 17th St, Panama City, FL 32401

  Investor opportunity in the St. Andrews area of Panama City. This 3-bedroom, 2-bath, one-story brick home is currently gutted and in the renovation process, but is being offered as-is and priced to sell. Located just two blocks from the bay, the property offers strong potential for a flip, rental, or long-term hold in a rapidly growing area near St. Andrews, downtown Panama City, dining,

  Abbott Martin Group EXP Realty LLC

  4002 W 17th St, Panama City, FL 32401
• 

  

  /7

  $139,000

  • 1 Bath
  • 1,024 Sq Ft

  5528 Adalee Rd, Panama City, FL 32404

  PRIME LOCATION & ENDLESS POTENTIAL! Discover the possibilities at this unique 1.43-acre property tucked away in the peaceful Bayou George Heights community. 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

  Dina Mendes Destin Real Estate

  5528 Adalee Rd, Panama City, FL 32404
• 

  

  /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
• 

  

  /4

  $89,900

  $5K PRICE DROP

  • Land
  • 22,215 Sq Ft
  • $176,275 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 Brown Realty Mark Associates

  1411 W Park Ln, Panama City, FL 32404
• 

  

  /8

  $174,900

  $35K 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! Just 5 Minutes from Downtown Panama City and everyday living essentials and less than 2 minutes from HCA Hospital! 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! 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

  $149,900

  • Land
  • 4,791 Sq Ft
  • $1,362,727 per Acre

  5305 Hopetown Ln, Panama City, FL 32408

  Build your dream home at 5305 Hometown Lane, one of the more exclusive lots within the gated community of Martinique! This prime homesite offers direct lake views, providing a peaceful waterfront setting in one of the neighborhood's most desirable locations. Situated on the quiet East End of Panama City Beach, Martinique is highly sought after area and you don't want to miss out on this

  Sergio Rodriguez Genesis Realty Services Inc.

  5305 Hopetown Ln, Panama City, FL 32408
• 

  

  /19

  $74,995

  $24K PRICE DROP

  • Land
  • 1.5 Acres
  • $49,997 per Acre

  6807 John Pitts Rd, Panama City, FL 32404

  AMAZING PRICE REDUCTION on this 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

  Lisa Suggs Anchor Realty Florida

  6807 John Pitts Rd, Panama City, FL 32404
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  /2

  $189,900

  • Land
  • 2.6 Acres
  • $73,038 per Acre

  0 N Star Ave Unit 792683, Panama City, FL 32404

  2.6 Acres zoned R-2 in unincorporated Bay County. Flood Zone X with 503 feet facing Star Avenue. This property has a lot of potential!

  Amanda Jowers Counts Real Estate Group

  0 N Star Ave Unit 792683, Panama City, FL 32404
• 

  /2

  $25,000

  • Land
  • 10,454 Sq Ft
  • $104,167 per Acre

  000 Country Club Dr, Panama City, FL 32404

  Build your new home on this approximately 0.247-acre vacant lot located on Country Club Drive in the Sandy Creek Country Club community. The generous lot size offers flexibility when planning your future home and outdoor living space. Conveniently situated within an easy drive of Tyndall Air Force Base, shopping, dining, schools, and everyday necessities. Whether you are ready to begin building

  Heather Neubauer ERA Neubauer Real Estate Inc

  000 Country Club Dr, Panama City, FL 32404
• 

  

  /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
• 

  

  /12

  $49,000

  • Land
  • 15,246 Sq Ft
  • $140,000 per Acre

  1028 Tidewater Ln, Panama City, FL 32404

  Build your dream home in the highly sought-after Laird Point! With water, sewer, and electric ready to connect, you're one step closer to bringing your vision to life.Just a short distance to the tennis courts, this gated waterfront community offers the lifestyle buyers are looking for--complete with underground utilities, RV and boat storage, and surrounded by stunning custom

  Karen Lawell Counts Real Estate Group Inc

  1028 Tidewater Ln, Panama City, FL 32404
• 

  

  /19

  $160,000

  $10K PRICE DROP

  • 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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /5

  $175,000

  • Land
  • 11.6 Acres
  • $15,086 per Acre

  10342 Heather Ln, Panama City, FL 32404

  11.6± Acres | Three Parcels | Private Homesite with Natural Ponds & Wildlife An exceptional opportunity to own three contiguous parcels totaling 11± acres, offering the perfect blend of space, privacy, and natural beauty. This expansive property invites you to embrace nature while creating your dream home, with ample room to build, explore, and enjoy the outdoors. The southern portion of the

  Joshua Hoey Think Real Estate

  10342 Heather Ln, Panama City, FL 32404
• 

  

  /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

  $59,999

  $99K 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
• 

  

  /16

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,056 Sq Ft

  7340 Penny Rd, Panama City, FL 32404

  Incredible Value in Panama City, this 3 bed 2 bath 1,056 sq ft home in a quaint treed lot. Features a durable metal roof replaced in 2019 , new Water Heater and New septic Pump also sitting on 0.7 of an acre .An excellent opportunity for an investment property, rental, or an affordable primary residence .Bring your vision and make it yours

  David Dougherty Keller Williams Success Realty

  7340 Penny Rd, Panama City, FL 32404
• 

  

  /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
• 

  

  /6

  $119,000

  $30K PRICE DROP

  • Land
  • 29,620 Sq Ft
  • $175,000 per Acre

  1427 1st St, Panama City, FL 32409

  Excellent development opportunity at 1427 1st Street in Panama City -- four buildable residential lots, each 50' x 150', zoned R-2 in Bay County. Located in Flood Zone X, and with water already available, this property helps simplify and speed up the building process.R-2 zoning allows for single family, duplex, townhomes, or manufactured homes, offering outstanding flexibility for

  Zack Sanchez Think Real Estate

  1427 1st St, Panama City, FL 32409
• 

  

  /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
• 

  

  /11

  $169,000

  New Construction $14K 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

  Patricia Rodrigues Alves CostaBella Real Estate, LLC

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

  

  /20

  $199,000

  $5K PRICE DROP

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

  902 Wilson Ave, Panama City, FL 32401

  Looking for an investment property already generating revenue? Currently renting to a month-to-month tenant for $1,675 monthly. This beautifully designed two-bedroom, two-bath home offers the perfect blend of comfort, quality, and convenience. Conveniently located just minutes from downtown, restaurants, shopping, and Sacred Heart Hospital. Built with durable 2x6 framing and featuring 9-foot

  Patrick Pate Beach Haven Realty

  902 Wilson Ave, Panama City, FL 32401
• 

  

  /3

  $125,000

  $10K PRICE DROP

  • Land
  • 1.37 Acres
  • $91,241 per Acre

  608 Plantation Dr, Panama City, FL 32404

  HUGE LOT that is over an acre! This could make for a great home site for a new construction home. All lot dimensions need to be verified by the Buyer, if important.

  Darcie Ducharme Carillon Realty Inc

  608 Plantation Dr, Panama City, FL 32404
• 

  

  /6

  $30,000

  $20K PRICE DROP

  • Land
  • 11,761 Sq Ft
  • $111,111 per Acre

  507 Harlem Ave, Panama City, FL 32401

  Endless Potential. Whether you're planning new construction, placing a mobile home, or investing for future use, this property offers flexibility and value rarely found.This lot provides space to design your ideal layout, offering room for a primary residence or long-term investment potential. City water and sewer are available, adding convenience and reducing development costs. With

  Amanda Walker CENTURY 21 Commander Realty

  507 Harlem Ave, Panama City, FL 32401
• 

  

  /13

  $119,000

  • Land
  • 10,890 Sq Ft
  • $476,000 per Acre

  1523 S Berthe Ave, Panama City, FL 32404

  Build your Elevated dream home on this exceptional water-view vacant lot overlooking the Bay in Callaway, Florida! Ideally located just one block from the water, this prime homesite offers stunning views and refreshing coastal breezes year-round. With all utilities conveniently available at the street, this property is perfectly suited for an easy and efficient build. Enjoy the best of coastal

  Melea Severs Gulf Life Real Estate Inc

  1523 S Berthe Ave, Panama City, FL 32404
• 

  

  /19

  $183,500

  • 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
• 

  

  /33

  $165,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  7813 N Lagoon Dr Unit 4G, Panama City, FL 32408

  Welcome to this absolutely adorable, recently updated 2-bedroom, 1-bath condo offering 720 square feet of comfortable, easy living in one of Panama City Beach's most beloved waterfront communities. Step inside to a bright, open living area that flows effortlessly into two generously sized bedrooms, complete with the everyday convenience of an inside laundry area and a dedicated outside storage

  Nathan Lawrence Legacy Premier Agency

  7813 N Lagoon Dr Unit 4G, Panama City, FL 32408

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