Panama City, FL Homes for Sale under $500,000

• 

  

  

  /54

  $489,000

  • 3 Beds
  • 2.5 Baths
  • 3,244 Sq Ft

  5108 Blue Harbor Dr, Panama City, FL 32404

  Welcome to Paradice, where you can enjoy beautiful sunsets over Pitts Bayou. This home offers easy access to deep water for boats with a 6-foot draft and includes a 16-foot wide boat slip. A full-service marina is just a quarter mile away. As you enter, you'll find 10-foot ceilings with recessed lighting throughout. The kitchen has dark wood cabinets and granite countertops, with a breakfast bar

  Melany Hathcock Keller Williams Success Realty

  5108 Blue Harbor Dr, Panama City, FL 32404
• 

  

  

  /35

  $479,900 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,758 Sq Ft

  The Camden Plan at Liberty, Panama City, FL 32404

  Welcome to the Camden, a new home floor plan at Liberty in sunny Panama City, Florida. The Camden is a spacious 4 bedroom, 3.5 bath home with over 2700+ square feet of comfort. The Camden floor plan has many sought after benefits including a roomy three car garage, an appointed dining room, and the highlighted feature is the bonus room with an attached bedroom and bathroom that can be used as an

  D.R. Horton Builder

  6225 Chapman Ln Unit 36208584, Panama City, FL 32404
• 

  

  

  /19

  $440,000

  • Land
  • 41,817 Sq Ft
  • $458,333 per Acre

  2204 Thomas Dr, Panama City, FL 32408

  . Prime Commercial Opportunity in the Heart of Panama City Beach, Florida! Located at 2204 Thomas Drive, this highly desirable property boasts a strategic location with a high traffic count, offering maximum visibility and exposure for any business venture. Situated amidst bustling activity, this parcel is zoned C-3, making it versatile for various commercial purposes. With the scarcity of vacant

  Justin Cater LLC EXP Realty LLC

  2204 Thomas Dr, Panama City, FL 32408
• 

  

  

  /15

  $424,750

  • 5 Beds
  • 2 Baths
  • 1,954 Sq Ft

  1006 E 2nd Ct, Panama City, FL 32401

  *** Huge, and elegant white 5 bedrooms/ 2 baths concrete corner house *** One of the biggest houses in THE COVE neighborhood. Centrally located within walking distance to Cherry, Jinks, and Bay Schools, and short drive to the beach, St. Andres Bay, downtown and the Tyndall Air Force Base! *** Over $200K in upgrades! Completely renovated with modern finishes, new flooring, freshly painted,

  Milton Vergara Red Real Estate Associates, LL

  1006 E 2nd Ct, Panama City, FL 32401
• 

  

  

  /49

  $496,000

  • 6 Beds
  • 4 Baths
  • 2,914 Sq Ft

  803 Oak Ave, Panama City, FL 32401

  Investment Opportunity on 100x160 corner lot in Downtown Panama City!This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development.The property

  Beth Christie Local Insight Realty

  803 Oak Ave, Panama City, FL 32401
• 

  

  /35

  $499,990 New Construction

  • 4 Beds
  • 3 Baths
  • 2,750 Sq Ft

  212 Lake Merial Blvd, Panama City, FL 32409

  Introducing the Rosemary floorplan from the Cornerstone collection by Holiday Builders. This impressive home offers 4 bedrooms, a den, 3 total baths, a 2-car garage, and 2,750 square feet of luxurious living space. As you enter through the stately covered porch, you’ll step into a welcoming foyer. To the right, a formal dining room awaits, providing an elegant space for hosting dinner parties and

  Holiday Builders Builder

  212 Lake Merial Blvd, Panama City, FL 32409
• 

  

  /41

  $498,000

  • 3 Beds
  • 3 Baths
  • 1,681 Sq Ft

  9860 S Thomas Dr Unit 1712, Panama City, FL 32408

  GULF VIEWS!! Welcome to Laketown Wharf, one of Panama City Beach's most amenity-rich resort communities. This spacious, fully furnished condo offers the perfect blend of comfort, style, and excellent income potential.The open-concept layout features a large kitchen with granite countertops, ample cabinetry, and generous living and dining spaces--perfect for relaxing after a beach day or

  Zack Sanchez Think Real Estate

  9860 S Thomas Dr Unit 1712, Panama City, FL 32408
• 

  

  /67

  $465,000

  • 3 Beds
  • 3 Baths
  • 1,681 Sq Ft

  9860 S Thomas Dr Unit 1121, Panama City, FL 32408

  Welcome to Laketown Wharf 1121***Best GULF VIEW Discover luxury living with this gorgeous condo offering the most spectacular view of the Gulf of Mexico. Bask in the beauty of the sunset from the comfort of your own home. This fully renovated condo exudes a fresh and modern vibe, featuring brand-new floors, freshly painted walls, and stylishly updated lighting fixtures. Every detail has been

  Phyllis Holloway Coastal Living Realty & Associates

  9860 S Thomas Dr Unit 1121, Panama City, FL 32408
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  /44

  $439,000

  • 3 Beds
  • 2 Baths
  • 1,086 Sq Ft

  3942 Ocean View Dr, Panama City, FL 32408

  Welcome to this amazing, turnkey 3/2 STR beach home just steps away from the beautiful beach. This home has had a ton of upgrades and is rental ready for guests or as your new beach home. In the highly sought after Grand Lagoons area, this adorable home has it all with tone of upgrades and nice touches. Just about a 3 minute walk to the beach - near great food, attractions and fun water

  Peter Appezzato EXP Realty LLC

  3942 Ocean View Dr, Panama City, FL 32408
• 

  

  /55

  $483,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,009 Sq Ft

  Tucker Plan at Breakfast Point East, Panama City, FL 32407

  The Tucker is a best-selling one-story home that blends open, functional living with smart flexibility. The airy kitchen, dining, and great room flow seamlessly to a covered rear patio, making entertaining and everyday life effortless. A charming front porch adds curb appeal and a welcoming outdoor space.The private primary suite provides a peaceful retreat, while two additional bedrooms offer

  Harris Doyle Homes Builder

  401 Breakfast Point Blvd Unit 37003990, Panama City, FL 32407
• 

  

  /50

  $470,000

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

  4100 Marriott Dr Unit 302, Panama City, FL 32408

  Enjoy breathtaking views of Grand Lagoon and the inlet from the Gulf of Mexico in this spacious 1,458 sq ft condo. Whether you're looking for a primary residence, a vacation home, or an investment property to rent between visits, this unit offers the perfect blend of comfort and lifestyle.Relax on the balcony while watching stunning sunrises and sunsets, or observe the boats as they head out

  Rob Kinney Counts Real Estate Group Inc

  4100 Marriott Dr Unit 302, Panama City, FL 32408
• 

  

  /36

  $415,000

  • 3 Beds
  • 3 Baths
  • 1,017 Sq Ft

  7404 Sunset Ave, Panama City, FL 32408

  Open House May 3 - 12-2PM! Coastal charm meets South Lagoon living at this incredible property, located just a couple of blocks from the sugar white sands of Panama City Beach. Whether you're seeking a lucrative short-term rental, a vacation getaway, or a full time beach residence, this home delivers the ultimate coastal lifestyle in a golf cart friendly neighborhood with NO HOA.

  Bubba McCants EXP Realty LLC

  7404 Sunset Ave, Panama City, FL 32408
• 

  

  /54

  $429,999

  • 4 Beds
  • 3 Baths
  • 2,072 Sq Ft

  109 Arlington Dr, Panama City, FL 32404

  Waterfront living meets everyday comfort in this beautifully appointed 4-bedroom, 3-bath home on stunning Lake Martin! Designed for both relaxation and entertaining, this spacious property features two private en suites, including one with direct access to the backyard oasis and sparkling in-ground saltwater pool complete with a diving board. Inside, the home is filled with natural light thanks

  Selina Bullock Selina's Southern Realty LLC

  109 Arlington Dr, Panama City, FL 32404
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  /52

  $445,000 Open Wed 2PM - 4PM

  • 2 Beds
  • 2 Baths
  • 1,015 Sq Ft

  6505 Thomas Dr Unit 909, Panama City, FL 32408

  9th-floor, 2/2 Gulf-front condo on Thomas Dr with west-facing sunset balcony, 1,015 sq ft, furnished, direct beach access. Positioned directly on the Gulf of Mexico, this 9th-floor condominium at The Summerhouse PCB offers a clear, elevated view of Panama City Beach with unobstructed west-facing sunsets and immediate beach access. Located on Thomas Drive, Unit 909 combines true Gulf-front

  Brad Amerson LLC Compass Florida, LLC

  6505 Thomas Dr Unit 909, Panama City, FL 32408
• 

  

  /16

  $412,000

  • Land
  • 20,037 Sq Ft
  • $895,652 per Acre

  1505 Fairy Ave, Panama City, FL 32405

  Commercial property ready to build on. 144 ft. road frontage. Zoned GC2, Offices, small,, business shops . Very convenient to 15th St. Has water, Power, all available.Level lot. just off 15th St.

  Marcia Preston CENTURY 21 Commander Realty

  1505 Fairy Ave, Panama City, FL 32405
• 

  

  /20

  $489,900

  • 2 Beds
  • 3 Baths
  • 1,353 Sq Ft

  4111 Tarpon St Unit 12, Panama City, FL 32408

  Situated just 50 steps to the beach! This 2-bed 3 bath townhome has NO HOA! It can comfortably accommodate up to eight (8) guests making it a perfect home or vbro with strong rental history. Bask in the sun at the backyard picnic table while grilling your fresh catch for lunch. Also, both bedrooms have balconies for the quieter moments in the evening or as the sun rises. Just walking distance to

  Audree' Warmack MUSTANG REALTY

  4111 Tarpon St Unit 12, Panama City, FL 32408
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  /9

  $459,000

  • Land
  • 30,492 Sq Ft
  • $655,714 per Acre

  612 Mckenzie Ave, Panama City, FL 32401

  PRICE REDUCTION on this beautiful piece of property near downtown Panama City! 612 McKenzie Ave is a large valuable commercial investment property located inside the downtown district of Panama City. Zoned commercial DTD, which aligns with the vision of redevelopment and vitality in the downtown area and allows for many different commercial or residential uses. Per planning and zoning, but verify

  Elaine Fenster Coastal Palms Real Estate

  612 Mckenzie Ave, Panama City, FL 32401
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  /47

  $499,000

  • 4 Beds
  • 3 Baths
  • 2,668 Sq Ft

  140 Lake Merial Trail, Panama City, FL 32409

  Nestled within the gated community of Lake Merial, this beautifully designed home sits on an expansive .57-acre wooded homesite, offering exceptional privacy, space, and timeless appeal. With room for a pool, outdoor kitchen or private backyard retreat, the oversized lot creates a true estate feel. Surrounded by natural beauty and elegant custom homes, this property offers the perfect blend of

  Kelly Webb Epique Realty Inc

  140 Lake Merial Trail, Panama City, FL 32409
• 

  

  /60

  $419,000

  • 2 Beds
  • 2 Baths
  • 1,262 Sq Ft

  9860 S Thomas Dr Unit 1926, Panama City, FL 32408

  This stunning 2-bedroom, with a bunk room, 2-bathroom condo in Panama City Beach offers the perfect escape directly on the sandy shores of the Gulf Coast. Located at 9860 S Thomas Drive, unit 1926, this condo is your gateway to paradise. Unwind in Style Spacious 1262 sq. ft. condo provides ample room for relaxation and entertaining.Breathtaking views of the Gulf and the lake create a serene

  Haley Dileva Coldwell Banker Realty

  9860 S Thomas Dr Unit 1926, Panama City, FL 32408
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  /68

  $427,000

  • 3 Beds
  • 2.5 Baths
  • 2,093 Sq Ft

  1233 Capri Dr, Panama City, FL 32405

  Waterfront living becomes remarkably attainable in this expansive bayfront townhome, where sweeping water views, an impressive private dock and a rare no-HOA setting create an opportunity seldom found at this price point. Soaring cathedral ceilings elevate the formal great room, where an electric fireplace adds warmth and architectural character beneath the dramatic second-story vault. Natural

  Christina Knox Scenic Sotheby's International Realty

  1233 Capri Dr, Panama City, FL 32405
• 

  

  /40

  $495,000

  • 3 Beds
  • 3 Baths
  • 2,701 Sq Ft

  100 Cherry St Unit 604, Panama City, FL 32401

  $40,000 HOA CREDIT FROM SELLER AT CLOSING WITH ACCEPTABLE OFFER! Welcome to a rare and architecturally intriguing residence perched on the edge of St. Andrews Bay—a double-unit offering the kind of space, light, and views you simply don't find in condominium living. Positioned high above the water in the coveted Cove Condominiums, Units 604 and 605 have been seamlessly combined to create a

  The Gettings Group Corcoran Reverie

  100 Cherry St Unit 604, Panama City, FL 32401
• 

  

  /39

  $499,000

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft

  7205 Thomas Dr Unit 1504, Panama City, FL 32408

  Dunes of Panama 2 bedroom with large balcony. Located on the 15th floor this unit has outstanding views from the living room and primary bedroom. The oversized floor plan has plenty of storage and new slider doors to to view the gulf. Short term rentals are allowed and being sold furnished rental ready.

  The Emerald Coastal Team Counts Real Estate Group Inc

  7205 Thomas Dr Unit 1504, Panama City, FL 32408
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  /49

  $425,000

  • 3 Beds
  • 2 Baths
  • 1,634 Sq Ft

  7048 Hugh Dr, Panama City, FL 32404

  Welcome to this charming, meticulously cared for brick home in the peaceful Callaway Shores community, offering beautiful views of Callaway Bayou and over 1/3 acre of outdoor space. Enjoy the quiet, coastal lifestyle with a huge circular driveway and a 2-car garage. Step inside to a bright living area with a vaulted ceiling and a comfortable layout. The master suite features cathedral ceilings,

  Coastal & Country Group EXP Realty LLC

  7048 Hugh Dr, Panama City, FL 32404
• 

  

  /23

  $412,900

  • 2 Beds
  • 2 Baths
  • 968 Sq Ft

  3211 Treasure Cir, Panama City, FL 32408

  This Cozy beach cottage located on Panama City Beach features two bedrooms and two bathrooms. This cozy cottage offers an efficient floor plan with a fully fenced backyard, providing space for outdoor enjoyment, pets, or entertaining. Property is conveniently situated near public beach access, dining, and local attractions. Ideal as a primary residence, second home, or investment property. Buyer

  Brandie Allon Coastal Palms Real Estate

  3211 Treasure Cir, Panama City, FL 32408
• 

  

  /58

  $465,000

  • 2 Beds
  • 2.5 Baths
  • 1,279 Sq Ft

  8407 Thomas Dr Unit 2, Panama City, FL 32408

  Looking for your own beach getaway? This townhome is just 100 feet from the sands of Panama City Beach with no road in between. Spacious and clean, the unit features a master bedroom balcony overlooking the courtyard and pool, plus very low HOA fees and only eight owners—so you'll almost always have the place to yourself. Downstairs offers a large living area with tile floors, a kitchen with

  Melany Hathcock Keller Williams Success Realty

  8407 Thomas Dr Unit 2, Panama City, FL 32408
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  /56

  $475,000

  • 3 Beds
  • 2 Baths
  • 1,686 Sq Ft

  2100 Royal Tern St, Panama City, FL 32405

  Welcome to life in SweetBay-one of Panama City's most sought-after communities. This beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience, just steps from Publix, Starbucks, and the vibrant town center. Enjoy morning coffee runs, evening strolls, and easy access to everything you need right outside your door. Inside, the home features a thoughtfully

  Tanner Cox Think Real Estate

  2100 Royal Tern St, Panama City, FL 32405
• 

  

  /40

  $424,900

  • 3 Beds
  • 2 Baths
  • 1,845 Sq Ft

  5005 Maggie Ln, Panama City, FL 32404

  This home truly has it all. A beautifully maintained brick split-design home offering 3 bedrooms, 2 bathrooms, and over 1,800 square feet of living space. It's equipped with a whole-home 50-amp generator, providing peace of mind in any weather. The home also features new hurricane impact windows, adding protection and valuable insurance savings. Step into the foyer with tray designs and raised

  Nicole Majors BeMajor Gulf Coast Realty LLC

  5005 Maggie Ln, Panama City, FL 32404
• 

  $409,850 New Construction

  • 4 Beds
  • 3 Baths
  • 2,487 Sq Ft

  The Sedona 3-M Plan at College Station, Panama City, FL 32404

  Valor Communities Builder

  3876 Sandpine Way Unit 36484173, Panama City, FL 32404
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  /63

  $449,995

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

  5314 Beach Dr, Panama City, FL 32408

  Experience refined coastal living at 5314 Beach Dr, ideally situated just two blocks from the pristine sugar-white sands of Panama City Beach. Enjoy effortless access to the Gulf with a short stroll or leisurely golf cart ride, placing sun, sand, and sea at your fingertips. Set within a well-established neighborhood with no HOA, this residence offers comfort and convenience just moments from

  The YellowstoneTE Lifes A Beach Real Estate, LLC

  5314 Beach Dr, Panama City, FL 32408
• 

  /2

  $479,899 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,245 Sq Ft

  3566 Sanctuary Dr, Panama City, FL 32408

  Welcome to 3566 Sanctuary Drive at Sanctuary Beach in Panama City Beach, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property will be developed with the Alabaster floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes depending on the stage of

  D.R. Horton Builder

  3566 Sanctuary Dr, Panama City, FL 32408
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  /45

  $430,000

  • 3 Beds
  • 2 Baths
  • 1,503 Sq Ft

  4314 Legend Place Unit 18, Panama City, FL 32408

  Welcome to the neighborhood of your dreams! Step inside this beautiful Legend Place home to an open-concept living room and kitchen featuring high ceilings and a bright, airy layout. The split-bedroom floor plan provides privacy and functionality, ideal for families or guests. It's the perfect blend of traditional with modern touches. There is a covered patio with a small fenced back yard area.

  Andrea Green Sims Resort Realty, Inc

  4314 Legend Place Unit 18, Panama City, FL 32408
• 

  

  /43

  $489,990 New Construction

  • 4 Beds
  • 3 Baths
  • 2,482 Sq Ft

  213 Lake Merial Blvd, Panama City, FL 32409

  Introducing the Navarre, a stunning floorplan in the Cornerstone collection by Holiday Builders. With its spacious layout and thoughtful design, this home offers comfort, flexibility, and a touch of luxury. Covering an impressive 2,482 square feet, the Navarre is a home that provides ample space for the whole family. As you approach the front entrance, you’ll notice the large truss covered porch,

  Holiday Builders Builder

  213 Lake Merial Blvd, Panama City, FL 32409
• 

  

  /14

  $439,000

  • 3 Beds
  • 1.5 Baths
  • 1,293 Sq Ft

  5410 Sunset Ave, Panama City, FL 32408

  Charming Florida Cottage offers 3 bedrooms and 1.5 baths, perfectly blending comfort, character, and coastal living. This inviting home features a comfortable layout designed for easy beach-style living. Step outside and enjoy the Florida lifestyle with palm trees, a fully fenced backyard, and a storage shed. The outdoor space offers room for relaxing, gardening, or hosting casual gatherings.

  Susan Tucker Hitchcock Real Estate LLC

  5410 Sunset Ave, Panama City, FL 32408
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  /63

  $429,000

  • 3 Beds
  • 3.5 Baths
  • 2,494 Sq Ft

  2194 Briawood Cir, Panama City, FL 32405

  Motivated Seller! Enjoy living in this spacious single-story home on a desirable King's Ranch corner lot. The flexible layout offers approximately 2,494 sq ft, 3 bedrooms, 3.5 bathrooms, a large office, and (the current dining room was a fourth bedroom before remodel). As you arrive at this beautiful Spanish-style home, you will be greeted by an oversized arched covered walkway, complete with

  Melany Hathcock Keller Williams Success Realty

  2194 Briawood Cir, Panama City, FL 32405
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  /34

  $469,999

  • 3 Beds
  • 2 Baths
  • 2,347 Sq Ft

  1218 Tuscany Rd, Panama City, FL 32405

  Set along deep, navigable waters leading into North Bay, this beautifully renovated three-bedroom, two-bath residence marries timeless coastal living with unmatched value as the lowest-priced updated home offering true deep water access. Free from HOA restrictions, the property delivers both freedom and lifestyle in one rare package. The thoughtfully redesigned interiors highlight craftsmanship

  Tristan Matthews Scenic Sotheby's International Realty

  1218 Tuscany Rd, Panama City, FL 32405
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  /25

  $429,900

  • 3 Beds
  • 2.5 Baths
  • 2,003 Sq Ft

  1000 E 4th St, Panama City, FL 32401

  OPEN SUNDAY May 3rd 12-2:00 pm CRAFTSMAN STYLE COVE HOME that features a WATER VIEW and easy access to all the downtown PANAMA CITY FUN! You'll love all the benefits of this newer construction : LOW UTILITIES and MAINTENANCE COSTS, LOW INSURANCE PREMIUMS and NO RENOVATIONS NEEDED!! The interior boasts a spacious and open floor plan with loads of natural light. An upgraded kitchen has stainless

  Susan Morrison Anchor Realty Florida

  1000 E 4th St, Panama City, FL 32401
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  /66

  $435,000

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

  4100 Marriott Dr Unit 511, Panama City, FL 32408

  If you've been watching Reflections, you know opportunities at this price point are limited, especially above the lower floors. This 5th floor 2BR/2BA offers better light, privacy, and elevation views than similarly priced units, making it a standout option for buyers who want more than just the lowest price. Priced with today's market in mind and ready for its next owner.

  Team Don and Bubba EXP Realty LLC

  4100 Marriott Dr Unit 511, Panama City, FL 32408
• 

  $403,000 New Construction

  • 2 Beds
  • 2 Baths
  • 1,328 Sq Ft

  Thatch Plan at Indigo Lakes - Phase III, Panama City, FL 32405

  The Thatch is an efficient one-story home with 2 bedrooms and 2 baths, designed for easy, lock-and-leave living. The open layout maximizes space while offering plenty of storage with a large laundry room, pantry, and generous primary closet.The primary bath features a tile-to-ceiling shower, while a guest bath serves the second bedroom. Outdoor living includes a charming front porch, and multiple

  Harris Doyle Homes Builder

  3204 Heartleak Ave Unit 37003974, Panama City, FL 32405
• 

  

  /34

  $415,000

  • 3 Beds
  • 3 Baths
  • 1,483 Sq Ft

  9860 S Thomas Dr Unit 101, Panama City, FL 32408

  Rare opportunity to own a spectacular turn key 3 bedroom plus bunk room with window and closet, 3-bathroom condo in the coveted Laketown Wharf condominium, perfectly positioned in the heart of Panama City Beach, Florida. This beautifully appointed end unit has been thoughtfully updated with new paint and flooring creating a modern and inviting atmosphere. This condo features two luxurious master

  Mowayne Copeland Keller Williams Success Realty

  9860 S Thomas Dr Unit 101, Panama City, FL 32408
• 

  

  /43

  $485,000

  • 4 Beds
  • 3.5 Baths
  • 2,072 Sq Ft

  2110 Pebble Beach Place, Panama City, FL 32408

  No HOA. Income potential. Move-in ready. This beautifully refreshed home features a brand-new kitchen with quartz countertops, brand new appliances , cabinets and fresh interior paint, creating a bright, modern feel from the moment you walk in. A standout feature is the separate mother-in-law suite currently operating as a successful Airbnb--perfect for generating extra income, hosting guests, or

  Cliff Glansen FLATFEE.COM

  2110 Pebble Beach Place, Panama City, FL 32408

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