Under $200,000 Panama City FL Real Estate, Homes, Condos for Sale

Build you dream home or hold this property as an investment. This residential lot is located in a cul-de-sac in the desirable Sweetwater Village subdivision, with newly built homes nearby. Property information was obtained from the Bay County Property appraiser. Buyers are welcomed to conduct their own due diligence.

7205 Lake Suzzanne Lane, Panama City

$31,000

795318 MLS

Vacant lot located on a quiet Cul-de-Sac, well maintained area, surrounded by newly built homes. This property offers an excellent opportunity to build a new home in an established and growing community or hold it as a long-term investment. Information has been obtained from the Bay County property appraiser; however, buyer is responsible for conducting their own due diligence,

7205 Lake Suzzanne Way, Panama City

$10,000

795288 MLS

Bay County vacant land -- Parcel ID 23034-000-000 A natural, undeveloped lot in Bay County, Florida. Use this parcel ID for all official records, tax searches, mapping, and title work: 23034-000-000. This is raw land as nature left it -- no known buildings, no assigned street address, and no known water, sewer, electric, or gas service on site. Lot size and dimensions come from public records. They have not been confirmed by a current survey and may not match present-day conditions. Please read this first: the property is landlocked. The seller does not offer or guarantee street, road, or other legal access. There is no known ingress or egress. Anyone considering the land should independently confirm whether a recorded easement, right-of-way, or other lawful access exists -- or whether access can be obtained. Without legal access, everyday use and most development are limited. What public records currently indicate * Natural / undeveloped lot * No physical street address * No known utilities FEMA flood zone X500 (shaded Zone X): moderate flood hazard in the 500-year / 0.2% annual-chance floodplain. Flood insurance is usually not federally required, but maps should be checked and coverage is worth considering. The seller has no firsthand knowledge of the property and has not inspected or managed it. The land is offered as-is. A buyer should complete their own due diligence before making an offer, including: * Title, liens, and recorded easements. * Legal access or a path to establish it * Zoning and what, if anything, can be built * Environmental or wetland limits * Cost of survey, permitting, well/septic, and bringing in utilities *Current FEMA flood maps and insurance quotes This lot may suit someone looking for a long-term hold, assemblage with adjoining land, or a project they are prepared to research thoroughly. It is not a ready-to-build homesite. Questions welcome.

xxx Sanders Lane, Panama City

$199,000

3 Beds ⋅ 2 Baths ⋅ 795280 MLS

Welcome to 6511 Pridgen St, a well-maintained 1,248 square-foot end-unit townhome offering comfortable living with modern updates. Home features 3 bedrooms and 1.5 bathrooms. Upstairs is the 3 bedrooms, full bathroom, with a dedicated laundry closet. Enjoy the large privacy-fenced backyard, perfect for relaxing or entertaining. Located in a family-friendly neighborhood and conveniently located near shopping and Tyndall Air Force Base.

6511 Pridgen Street, Panama City

$39,900

795276 MLS

Nice location for this manufactured home lot which is located on a quiet cul-de-sac in Callaway near shopping, dining, schools, and recreation. Large beautiful oak tree provides plenty of shade. Water, sewer, and underground electric on site. No flood zone, no HOA. This neighborhood is quickly improving. Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities. Shed is included. The mobile home is in poor condition and requires substantial work to make rentable.

6124 Michelle Circle, Panama City

$39,900

2 Beds ⋅ 2 Baths ⋅ 795274 MLS

This mobile home is in poor condition and requires substantial work. Value is in the lot which is located on a quiet cul-de-sac in Callaway near shopping, dining, schools, and recreation. Large beautiful oak tree provides plenty of shade. Water, sewer, and underground electric on site. No flood zone, no HOA. This neighborhood is quickly improving. Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities. Shed is included.

6124 Michelle Circle, Panama City

$179,900

3 Beds ⋅ 2 Baths ⋅ 795270 MLS

Welcome to 315 Bayou Ave. This refreshed home boast 3 nice sized bedrooms with 2 full baths, new paint, appliances and flooring are just a few of the new additions. If your looking for solid affordable home that is move in ready.

315 Bayou Avenue, Panama City

$135,000

3 Beds ⋅ 2 Baths ⋅ 795257 MLS

great opportunity for some sweat equity. This 1,274 sq ft home is situated on 0.44 acres and offers 3 bedrooms and 2 baths. The interior was updated in 2019, The home was re-roofed and remodeled in 2019, Great location and great cash flow. Schedule an appointment to see this property.

3702 Haley Lane, Panama City

$187,000

1 Beds ⋅ 2 Baths ⋅ 795227 MLS

🏠 INVESTOR ALERT! Perfect Flip Opportunity Near Downtown & The Cove; Perfect as Air B&B appealing to hospital employees!! 🔨💰 Looking for your next investment project? This all-brick home checks a lot of the boxes for an investor or cash buyer! New LVP flooring throughout! 📍 Prime location near Downtown and The Cove ✨ Newly remodeled with a solid foundation! 📐 Approximately 1,200 SF of heated & cooled living space 🌳 Located in a quiet neighborhood 🍽️ Convenient to dining & shopping 🏖️ Just a short drive to Panama City Beach ✈️ Close to Tyndall Air Force Base ⚓ Convenient to the Naval Surface Warfare Center With its brick construction, desirable location, and remodeled interior, this property offers an excellent opportunity for an investor looking to add value, build equity, or create a profitable rental, Air B&B or resale! 1 designated master with bath and 2 bonus rooms that are perfect bedrooms but can't be classified as, due to lack of closets. However, a wardrobe will work perfectly in it's place and the price is refective of it. Seller is highly motivated and would work perfectly as an Air B and B for Ascension Bay medical nurses and other staff. 💵 Cash buyers and investors -- this one is worth a look! 📲 Message me today for more information or to schedule a showing.

1208 Louisiana Avenue, Panama City

$95,000

2 Beds ⋅ 2 Baths ⋅ 795222 MLS

MOVE-IN READY 2019 MANUFACTURED HOME WITH DETACHED WORKSHOP!Welcome to 3511 E 4th St in Panama City! This well-maintained 2-bedroom, 2-bath home offers an efficient open layout with comfortable living space, a functional kitchen, split bedroom arrangement, and two full baths. Built in 2019, the home features an HVAC system from 2019 and an approximately 7-year-old roof, helping take the worry out of major-ticket items. The interior is clean and ready for its next owner with updated finishes, ceiling fans, ample natural light, and a spacious living area.Outside, enjoy a large yard with plenty of room for parking, entertaining, pets, or additional outdoor use. A substantial detached workshop/storage building provides excellent bonus space for tools, equipment, hobbies, or additional storage. Convenient Panama City location with easy access to shopping, dining, employment, and everyday amenities. Skip the major renovation and move right in!Property is being sold as-is no repairs to be made.

3511 E 4th Street, Panama City

$174,900

795223 MLS

PRIME COVE LOCATION! Discover the opportunity to own a vacant lot in the heart of The Cove, conveniently located between 542 and 554 E 4th Street in Panama City. This property offers an excellent location just minutes from Downtown Panama City, the waterfront, shopping, dining, parks, and local entertainment. Enjoy the character and convenience of one of Panama City's established neighborhoods while being close to the water and everything downtown has to offer. Whether you're looking to build your next home or explore an investment opportunity, this centrally located parcel is worth a look. There's access from E 4th Street as well as the back alley.

E 4th Street, Panama City

$55,000

795219 MLS

Nearly 2 Acres - Cleared & Ready for Your Dream Home! Bring your vision to life on this spacious, nearly 2-acre parcel offering plenty of room, privacy, and flexibility for your future home. The property has been extensively cleared and cleaned up with stump grinders, mulchers, and excavators, creating a much more build-ready homesite. Adding even more value, the property features a septic system, with well water and electricity already connected to the property. With so much of the groundwork already in place, this is an excellent opportunity for someone looking to build without starting completely from scratch. The property is zoned R-2, allowing for mobile homes, manufactured homes, or site-built homes, providing flexibility for a variety of building plans. The generous acreage also offers plenty of space for a home, workshop, garage, outdoor living areas, or additional structures. Enjoy the peace and privacy of a spacious homesite while still being conveniently located near main roads, shopping, schools, and, of course, the beautiful beaches of the area. Buyer is encouraged to contact Bay County Planning & Zoning directly to verify zoning, permitted uses, setbacks, utility requirements, and any other requirements related to their specific building plans.

10216 Hwy 231, Panama City

$145,000

4 Beds ⋅ 2 Baths ⋅ 795217 MLS

Four bedrooms, a bonus room, a large backyard, and NO HOA! Welcome to 2207 E. 8th Street in Panama City, where generous living spaces and a versatile layout give you room to make yourself at home. A welcoming front deck opens into a spacious living room featuring a floor-to-ceiling stone fireplace, wood-look flooring, and neutral colors that complement a variety of styles. The large kitchen offers blue-gray cabinetry, a white subway tile backsplash, and ample counter and cabinet space. A wide arched opening connects the kitchen to the separate dining room, creating an inviting setting for everyday meals and gathering with guests. Along with four bedrooms and two bathrooms, the bonus room provides additional space for a home office, hobbies, or a second sitting area. Outside, the covered back patio is ready for morning coffee and relaxed evenings overlooking a large backyard with plenty of space for gardening, outdoor dining, and yard games. Per the seller, the A/C is approximately 1 year old, the metal roof approximately 6 years old, and the water heater approximately 4 years old. The refrigerator is approximately 1 year old, while the range, dishwasher, and microwave are approximately 3 years old. City water and sewer, no HOA fees, and an existing survey add to the practical benefits. Schedule your showing and explore the possibilities!

2207 E 8th Street, Panama City

$130,000

795177 MLS

Currently Zoned GC-2 and Property has a development plan! water and sewer available. This unique property spans from Fortune Avenue to Friendship Avenue, offering frontage on both streets. Currently zoned General Commercial, the lot may also be rezoned for residential use. If converted to residential, the property could be split into two separate lots, each suitable for building a single-family home. An excellent opportunity for investors or builders these lots stretch continuously from Fortune Avenue all the way through to Friendship Avenue.

1526 Fortune Avenue, Panama City

$164,900

2 Beds ⋅ 2 Baths ⋅ 795157 MLS

Centrally located 2-bedroom, 1.5-bath townhome that is move-in ready and ideal for a first-time homebuyer or investor looking for an income-producing property. The home has been updated and offers low-maintenance living. The main level features an open living area with a convenient half bath. The kitchen is well maintained and equipped with an electric stove, dishwasher, microwave, and refrigerator. It overlooks the fenced backyard, providing added privacy and outdoor space. Just off the back porch is the laundry room with washer and dryer hookups. Upstairs, you'll find two generously sized bedrooms with LVP flooring and a shared full bathroom.

3119 Debra Boulevard, Panama City

$33,500

795156 MLS

This vacant manufactured home lot is located on a quiet cul-de-sac in Callaway near shopping, dining, schools, and recreation. Water, sewer, and electric are available, no flood zone, no HOA. This neighborhood is improving daily and a new home was recently installed next door. Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities. Shed is included but of no value. Lot markers are still in place and a survey is available.

6031 Michelle Circle, Panama City

$199,000

2 Beds ⋅ 1 Baths ⋅ 795152 MLS

DOUBLE LOT OPPORTUNITY IN PANAMA CITY! Welcome to 408 Kilbourn Ave, a charming 2-bedroom, 1-bath home located on a double lot being sold together with the adjoining lot at 410 Kilbourn Ave! This unique property offers the perfect combination of a move-in-ready home and additional land, giving you room to enjoy, expand, or explore future possibilities. Located in a convenient Panama City location, you'll be close to downtown, shopping, dining, schools, entertainment, and all that Bay County has to offer. Whether you're searching for a primary residence, an investment property, or looking for additional land, this property offers flexibility that is hard to find. The two properties are being sold together, providing an excellent opportunity to own an expanded footprint in Panama City. 2 Bedrooms | 1 Bathroom Adjoining lot included Sold together as one opportunity Convenient Panama City location Great potential for homeowners or investors Walmart and Aldi's are less than 6 minutes away! Opportunities like this don't come along every day! Come see 408 & 410 Kilbourn Ave and imagine the possibilities. Schedule your private showing today!

408 Kilbourn Avenue, Panama City

$125,000

795140 MLS

Prime commercial development opportunity at **103 Medical Center Dr in Panama City, Florida**, purchasable separate on as a package with 101 Medical Center Dr(MLS# 795137). Ideally positioned within the established medical corridor surrounding HCA Florida Gulf Coast Hospital. This vacant commercial lot offers an excellent setting for a **medical office, outpatient clinic, surgical center, specialty practice, diagnostic facility, or other professional healthcare-related use**, subject to applicable zoning and development approvals. Location is a major advantage. HCA Florida Gulf Coast Hospital is located at **449 W. 23rd Street** and is a 282-bed acute-care hospital offering a broad range of services, including surgery, cardiology, orthopedics, neurology, emergency care, women's services, imaging, rehabilitation and other specialties. The surrounding area has developed into one of Panama City's most recognizable concentrations of healthcare providers and medical services. The property's Medical Center Drive location provides convenient access to the hospital campus as well as the heavily traveled **23rd Street commercial corridor**, placing future patients, employees and healthcare professionals within easy reach of restaurants, retail, pharmacies, banking and other everyday services. For a physician group, healthcare provider or developer searching for a location where the address itself complements the intended use, **103 Medical Center Dr presents a compelling opportunity to establish a new medical or professional facility near one of Bay County's major hospitals.**

103 Medical Center Drive, Panama City

$125,000

795137 MLS

Prime commercial development opportunity at **101 Medical Center Dr in Panama City, Florida**, purchasable separate on as a package with 103 Medical Center Dr (MLS# 795140). ideally positioned within the established medical corridor surrounding HCA Florida Gulf Coast Hospital. This vacant commercial lot offers an excellent setting for a **medical office, outpatient clinic, surgical center, specialty practice, diagnostic facility, or other professional healthcare-related use**, subject to applicable zoning and development approvals. Location is a major advantage. HCA Florida Gulf Coast Hospital is located at **449 W. 23rd Street** and is a 282-bed acute-care hospital offering a broad range of services, including surgery, cardiology, orthopedics, neurology, emergency care, women's services, imaging, rehabilitation and other specialties. The surrounding area has developed into one of Panama City's most recognizable concentrations of healthcare providers and medical services. The property's Medical Center Drive location provides convenient access to the hospital campus as well as the heavily traveled **23rd Street commercial corridor**, placing future patients, employees and healthcare professionals within easy reach of restaurants, retail, pharmacies, banking and other everyday services. For a physician group, healthcare provider or developer searching for a location where the address itself complements the intended use, **101 Medical Center Dr presents a compelling opportunity to establish a new medical or professional facility near one of Bay County's major hospitals.**

101 Medical Center Drive, Panama City

$194,500

795118 MLS

Embrace the charm of country living on the tranquil shores of Deer Point Lake, where the delights of nature, the joy of fishing, and the simple pleasures of front porch swings and sunny summer days create an inviting retreat for your future home. Here, life moves at a more relaxed pace, offering the perfect setting to build the home you've always envisioned. Surrounded by nature's beauty, the exceptional community of Cedar Creek at Deerpoint Lake blends peaceful living with modern comforts. Enjoy exclusive amenities designed for both relaxation and recreation, including a spacious pavilion ideal for picnics and gatherings, an outdoor fireplace, and a large swimming pool adjacent to a playground for the outdoor enjoyment of the kids. The beautifully appointed clubhouse provides a welcoming space for private events, celebrations, or quiet evenings by the open firepit. Whether you're unwinding under the stars, exploring the natural surroundings, or enjoying the convenience of well-planned community spaces, Cedar Creek at Deer Point Lake offers the perfect balance of nature and comfort--ready to be called home.

9732 Summer Creek Drive, Panama City

$65,000

795091 MLS

$65,000 | CLEARED 0.25 ACRE LOT | HISTORIC MILLVILLE | ND ZONING Rare opportunity to own a cleared 0.25 acre lot measuring approximately 53' x 208' in Historic Millville! Featuring ND (Neighborhood Downtown) zoning, public water & sewer, paved city road access, no HOA, and in Flood Zone X. Located just off US-98 and less than 1/2 mile from Watson Bayou with Gulf access, this property offers an excellent location for potential development or investment. Neighborhood Downtown zoning allows for a variety of potential uses, including commercial, business, entertainment, multi-unit residential, and more. With public utilities already in place, buyers may save significant time and expense during the development process. Existing shed conveys. Enjoy convenient access to Watson Bayou, the public boat ramp, Millville Waterfront Park, fishing pier, and Gene's Oyster Bar. Whether you're an investor, entrepreneur, or simply looking for an affordable development parcel, this is an opportunity to get into Historic Millville at an attractive price point.

306 Sherman Avenue, Panama City

$65,000

795089 MLS

$65,000 | CLEARED 0.25 ACRE LOT | HISTORIC MILLVILLE | ND ZONING Rare opportunity to own a cleared 0.25 acre lot measuring approximately 53' x 208' in Historic Millville! Featuring ND (Neighborhood Downtown) zoning, public water & sewer, paved city road access, no HOA, and in Flood Zone X. Located just off US-98 and less than 1/2 mile from Watson Bayou with Gulf access, this property offers an excellent location for potential development or investment. Neighborhood Downtown zoning allows for a variety of potential uses, including commercial, business, entertainment, multi-unit residential, and more. With public utilities already in place, buyers may save significant time and expense during the development process. Existing shed conveys. Enjoy convenient access to Watson Bayou, the public boat ramp, Millville Waterfront Park, fishing pier, and Gene's Oyster Bar. Whether you're an investor, entrepreneur, or simply looking for an affordable development parcel, this is an opportunity to get into Historic Millville at an attractive price point.

306 Sherman Avenue, Panama City

$147,000

1 Baths ⋅ 795039 MLS

Discover one of the best beachside values in Panama City Beach--a rental-ready studio just steps from the sand. Located in Sand Castle Villas, this beautifully maintained and fully furnished studio condo is truly turnkey and ready to generate income from day one. With custom built-in loft beds, a luxury main sleeping area, and a smart, space-efficient layout, making it especially attractive for short-term rental demand. This condo is one of only two units in the entire complex featuring a rare U-shaped kitchen, offering extra cabinet and counter space--a standout feature for guests and owners alike. The kitchen is fully stocked and features all white appliances, while tile flooring throughout, serene coastal tones, and tasteful décor create a bright, inviting beach retreat. Enjoy less than a one-minute walk (approximately 150 steps) to the white sugar sands and emerald waters via Beach Access 13 and 14. The complex is well known for its strong short-term and long-term rental performance. Additional highlights include: Private fenced pool and outdoor shower, Private laundry room just outside the unit with washer, dryer, and extra storage, one assigned parking space plus overflow parking, and balcony space to relax and enjoy the coastal breeze. Peaceful, smaller complex with a personable, laid-back atmosphere, Close to restaurants, shopping, and a short drive to Pier Park. Whether you're looking for an affordable personal beach getaway, a high-performing investment, or both--this studio delivers exceptional value, charm, and income potential under $150K in today's market.

4114 Holiday Drive Unit 18, Panama City

$180,000

2 Beds ⋅ 2 Baths ⋅ 795026 MLS

Beautifully furnished & updated 2 bedroom, 2 bath condo. Close to the beach and all it has to offer. 2nd floor unit with private balcony. AC unit replaced in 2022, water heater in 2018, Sellers carry contents Insurance for only $700 a yr. HOA covers all but, electric & cable/internet.

7125 N Lagoon Drive Unit C, Panama City

$199,000

1 Beds ⋅ 2 Baths ⋅ 794933 MLS

Enjoy beautiful lagoon views from this top-floor, one-bedroom, one-bathroom unit located in Bonita Point. The interior features tile and carpet flooring, recessed lighting, and an open kitchen overlooking the main living area. Step outside onto the private balcony and take in some of the community's best lagoon views. Bonita Point offers a gated entrance and fenced community pool. A privately owned, third-party boat dock is also located on-site

214 Bonita Circle Unit F, Panama City

$189,000

3 Beds ⋅ 2 Baths ⋅ 794888 MLS

Nice 3 bedroom Home with fenced in back yard and front yard. It is located within walking distance of Patronis Elementary School. Great place to relax on the front porch or huge back deck. Washer and dryer to convey with purchase. Owner is moving out of state and ready to make a deal! House is located on a very quiet one way street. Do not let this one get away!!

2619 Willow Oak Court, Panama City

$105,000

3 Beds ⋅ 2 Baths ⋅ 794772 MLS

Strong value add or BRRRR opportunity in Panama City. This 3 bedroom, 2 bath home offers approximately 1,376 square feet of living space on a .22-acre lot. The layout features a spacious living room, a separate dining area, a convenient flow between rooms and a covered porch, providing a solid starting point for an investor or renovator looking to add value. The property requires renovations, including the roof, HVAC system, electrical system, windows and interior and exterior improvements. The home has been smoked in and is being sold strictly as-is. Title is clean.

1209 Oak Avenue, Panama City

$49,900

794768 MLS

Discover an excellent opportunity to own approximately 0.80 acres in the Bear Creek area of Bay County, Florida. Parcel 03805-326-010 offers a peaceful setting with convenient access from a paved road, making this property an appealing option for those looking to build, invest, or secure additional land in a growing area. The property has been recently cleared, providing a clean starting point for future plans and allowing buyers to more easily evaluate the land and its potential. Whether you are looking to construct a new home, establish a private retreat, or add acreage to your investment portfolio, this parcel offers flexibility and plenty of room to explore your possibilities. Located in the Bear Creek community, the property provides a more rural atmosphere while remaining within reasonable driving distance of the amenities and services found throughout Bay County. Outdoor enthusiasts will appreciate the area's natural surroundings and proximity to the recreational opportunities that make Northwest Florida such a desirable place to live. With approximately 0.80 acres, paved-road access, and recent clearing already completed, this parcel is ready for its next owner. Opportunities to purchase affordable land in Bay County are increasingly attractive for buyers seeking space, privacy, and long-term potential.

00 S Fork Loop, Panama City

$179,900

3 Beds ⋅ 3 Baths ⋅ 794730 MLS

Looking for your extremely affordable waterfront slice of paradise to park your boat with deep water access that leads to the gulf? Look no further! This home boasts plenty of living space at nearly 1700 square feet of heated space and waterfront access all without the hassles that come with a single family home. The grounds are maintained for you. With a roomy 2 car garage, you will have space to store your cars and tools and with a shared dock, you'll have a place to park your boat or water toys. Overflow parking is also on sight at no extra charge. The stone fireplace makes for cozy nights in the winter. This home needs some updating and TLC, but with a newer metal roof and sturdy concrete exterior, you know you are structurally sound while improving the interior of the home. And for those looking to earn sweat equity while living in the home, opportunities like these don't come along often.

7124 Singleton Circle Unit B, Panama City

$189,000

3 Beds ⋅ 2 Baths ⋅ 794717 MLS

Welcome to this charming 3-bedroom, 2-bath home offering 1,157 square feet of living space in the heart of Panama City. Built in 1962, this property features a functional layout, an additional bonus room, and providing flexibility for a home office, hobby space, storage, or extra living area. Situated on an approximately 0.18-acre lot, the home offers plenty of potential for an owner-occupant or investor. Conveniently located near shopping, schools, and everyday amenities, this property is a great opportunity to make it your own. Schedule your showing today!

910 Nottingham Drive, Panama City

$190,000

2 Beds ⋅ 2 Baths ⋅ 794710 MLS

Welcome to 2205 Walosi Way! If you are looking for a great condo with an EXCEPTIONAL amenity package, just 5 minutes from the white sandy beach - you have ARRIVED! This property has a functional layout with 2 bedrooms and 2 baths in a large split floor plan - perfect for roommates! Kitchen has granite countertops and features an island with drop in sink that overlooks the huge living area. There is a large laundry room, great closet spaces and additional storage. This property also comes with a 1 car garage! There is an elevator to access the 2nd floor unit as well. The location is just across the street from the neighborhood dog park, which is one of the long list of amenities this development has to offer. You will want to check out the HUGE resort style pool, one of 2 pools on the property, there is a gym that rivals many of the commercial gyms that you would pay for an expensive membership - this one is INCLUDED with your HOA. There are community work spaces, billiard room, community outdoor kitchens by the pool for entertaining, a playground and more! This unit is PRICED TO SELL due to the current condition of the exterior, however the HOA has confirmed that all repairs will be completed by the end of 2026. There are NO SHORT TERM RENTALS allowed, so you will get to know your neighbors and enjoy a real sense of community. Schedule your showing today and take advantage of this amazing price on this unit while it‌‌‌‌‌‌‌‌‌‌‌‌ lasts!

2205 Walosi Way Unit 201, Panama City

$155,000

2 Beds ⋅ 1 Baths ⋅ 794668 MLS

Welcome to this updated 2-bedroom, 1-bath end-unit townhome in Parker, conveniently located near Tyndall Air Force Base and directly across from Parker Elementary School. Situated within a community offering an HOA-maintained pool, courtyard, and green space, this property combines low-maintenance living with convenient community amenities.Inside, a spacious great room creates an open and inviting living area with abundant natural light and direct access to the covered back patio. Recent improvements throughout the home include new flooring and tile, fresh drywall and interior paint, freshly painted doors, updated lighting, ceiling fans, and fixtures. The kitchen has been refreshed with new white cabinetry, creating a bright, clean look with plenty of storage and workspace. The bathroom features thoughtful touches including tile flooring, a vanity with a three-way mirrored medicine cabinet for added storage and functionality, and a tub-and-shower combination with a convenient handheld shower head. With its end-unit location, updated interior, covered outdoor living space, community pool, and proximity to Tyndall AFB, schools, shopping, dining, and everyday conveniences, this move-in-ready townhome offers an excellent opportunity for a primary residence, second home, or investment property. Call a REALTOR® today to schedule a private home tour. If important, Buyer to verify all measurements.

533 S Highway 22 A, Panama City

$175,000

794629 MLS

Build your waterfront dream home on this expansive canal-front lot in Callaway Point, stretching over an acre and boasting approximately 200 feet of waterfront access with direct access to East bay and the Gulf. Whether you envision a full-time residence, a weekend retreat, or a long-term investment, this property offers a rare opportunity to create something that fits your lifestyle. With plenty of room to bring your vision to life, this property provides a true clean slate for a builder, investor, or buyer ready to build. Enjoy the freedom and privacy of waterfront living while still being conveniently located near Tyndall Air Force Base, local schools, shopping, grocery stores, restaurants, and all Panama City has to offer. Whether you're chasing the early-morning bite, cruising the waterways in the afternoon, or watching the sunset over the water at the end of the day, this property offers the opportunity to build a waterfront lifestyle in a convenient Panama City location. Water access, acreage, and endless potential--opportunities like this don't come along often.

1505 E Park Road, Panama City

$49,900

794548 MLS

Welcome to 7326 Penny Road, your opportunity to own a cleared .74 acre parcel in the growing North end of Bay county. This property ideally sits in a rural location, while also offering close access to Highway 231 and close proximity to everything in Panama City. This parcel has already been cleared, a driveway permit has already been pulled, and all that is missing is your vision! With the continued expansion of the North end of the county and its proximity to several newer industrial warehouses and jobs, this property is ideal for anybody looking to build. Inquire for all further information!

7326 Penny Road, Panama City

$200,000

3 Beds ⋅ 3 Baths ⋅ 794528 MLS

Waterfront Handyman Special on Callaway Bayou! Bring your vision and your tools to this spacious townhome boasting gorgeous water views and incredible potential. This is the ultimate handyman special or investor opportunity! The property has great bones, featuring a great room with soaring ceilings, striking wood beams, and a cozy fireplace. Step outside to a fenced backyard that perfectly overlooks the bayou for relaxing waterfront living. Additional features include an oversized one-car garage and established front landscaping. With an older A/C unit and Roof plenty of room for modern cosmetic updates, this property is a blank canvas ready for your renovations.

7505 Yellow Bluff Road Unit 1-B, Panama City

$199,900

4 Beds ⋅ 2 Baths ⋅ 794484 MLS

Spacious living with plenty of room to enjoy the outdoors! Located on just under an acre in Panama City, this 4-bedroom, 2-bathroom manufactured home offers approximately 1,888 heated and cooled square feet with a comfortable layout and plenty of space for the whole family. Inside, the home features a large kitchen with a center island, abundant cabinet space, and plenty of room for meal preparation and entertaining. A formal dining room provides a dedicated space for family dinners and special occasions, while the spacious living areas offer plenty of room to relax. The large master suite is a true retreat, featuring a generous walk-in closet and a private master bathroom with a double vanity, walk-in shower, and corner soaking tub. The additional guest bedrooms are also generously sized, providing comfortable accommodations for family, guests, a home office, or other needs. Step outside and enjoy the extra space this property provides. The covered back porch is ideal for relaxing in the shade, while the large open back deck offers additional room for grilling, entertaining, or enjoying the outdoors. With nearly an acre of land, there's plenty of room to create your own outdoor oasis. Conveniently located in Panama City, this property offers a great combination of space, comfort, and a larger-than-average homesite, while remaining close to shopping, dining, schools, medical facilities, and the many attractions of the Florida Gulf Coast. If you're looking for a spacious 4-bedroom home with nearly an acre of land and great indoor and outdoor living space, 5036 E. 14th St. is worth a look. Schedule your private showing today!

5036 E 14th Street, Panama City

$159,900

2 Beds ⋅ 2 Baths ⋅ 794450 MLS

Cozy spot with several shaded trees and fenced yard. This 2020 model is ready for it's new owners. Updated Kitchen with new cabinets, stove, sink and countertops. Fresh paint and carpet throughout for comfortable living. Located near stores, parks, schools, public boat launches and more. Plenty of room to park vehicles, boat, etc. 5 Minutes to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Mature beautiful magnolia and oak trees for shade, and plenty of outdoor space with over a quarter acre lot. City water & sewer, no flood insurance needed, and No HOA! Make your appointment to see it today!

214 Everitt Avenue, Panama City

$64,900

794439 MLS

Beautiful residential lot in the waterfront community of Laird Bayou. This over 1/2-acre homesite offers a setting for a custom home in a neighborhood known for its access to coastal amenities and relaxed waterfront living. Community features include a boat ramp and pool, adding convenience for boating and recreation. A Dock and Fish Cleaning Station. Located in Panama City, Florida, this property provides an opportunity to build in an established residential setting with access to the water and nearby area amenities. The lot's size offers flexibility for a thoughtfully designed home and outdoor living space. A rare chance to secure a spacious homesite in Laird Bayou, with community amenities and a desirable waterfront location.

701 Vista Del Sol Lane, Panama City

$129,900

3 Beds ⋅ 2 Baths ⋅ 794423 MLS

Affordable Country Living Near Deer Point Lake Welcome to 7605 Littleton Rd in Panama City, Florida! This 3-bedroom, 2-bathroom manufactured home that is designed to mimic a country cabin offers an excellent opportunity for an economy-minded buyer, investor, or anyone looking for a peaceful rural lifestyle with convenient access to Panama City amenities. Built in 1986, this doublewide manufactured home features a newer roof and a practical three-bedroom, two-bathroom, split floor plan. The property offers plenty of potential for a buyer looking for an affordable home, investment property, or opportunity to add personal touches and improvements over time. One of the biggest advantages of this location is the rural setting near Deer Point Lake. If you're looking for a quieter pace of life without giving up convenient access to everyday necessities, Littleton Road offers an appealing combination of country living and accessibility. Depending on your needs and applicable restrictions, the rural character may be well suited for horses, gardening, small-scale farming, recreational equipment, or simply enjoying the peace and privacy of country living. Convenience is also close by. Publix grocery shopping is approximately 10 minutes away, while gas stations, hardware stores, restaurants, and other everyday services are located within just a few miles. Deer Point Lake is nearby, providing recreational opportunities and adding to the appeal of this northern Bay County location. For investors, this property deserves consideration as an affordable entry into the Panama City real estate market. The combination of a newer roof, three bedrooms, two bathrooms, and a rural location creates an opportunity to explore its potential as a rental, renovation project, or long-term investment. Buyers seeking value rather than a brand-new home may find this property particularly attractive. For homeowners, this could be an opportunity to trade higher-priced city living for a more relaxed country lifestyle in Panama City, FL. Imagine having room for your hobbies, outdoor projects, animals, or simply enjoying evenings in a quieter environment while remaining within reasonable driving distance of shopping and city conveniences. If you've been searching for affordable homes in Panama City, FL, manufactured homes near Deer Point Lake, homes with acreage, rural property in Bay County, investment properties, or a country home near Panama City, 7605 Littleton Rd is worth a closer look. Bring your vision and explore the possibilities this property has to offer!

7605 Littleton Road, Panama City

$140,000

3 Beds ⋅ 2 Baths ⋅ 794406 MLS

GREAT OPPORTUNITY to own your own home in a quiet rural setting, yet it is just a short drive to the City! This home with its split-floor plan has had many updates within the last few years that include vinyl plank flooring, stove, dishwasher and a/c unit. The home features a large wall of bookcases that separates the kitchen and living room. A new well and septicsystem was installed in 2024, and there is an outside shed for additional storage. Take a look and see all that it has to offer!

7317 Gilbert Road, Panama City

$199,000

1 Beds ⋅ 2 Baths ⋅ 794389 MLS

What a beauty! Renovated in 2022, this gorgeous condo is nestled inside the exclusive gated community of Bay Point in Panama City Beach, Florida. This 1-bedroom, 2-bathroom condo at Legends Villas offers a rare blend of privacy, luxury, and one of the most breathtaking views in Bay Point. From your windows, you'll enjoy sweeping views of a tranquil pond and the manicured first hole of the Jack Nicklaus-designed Golf Course at Bay Point Golf Club--a setting that rivals any Panama City Beach condo on the market. Both the Point South Marina and Bay Point Golf Club are just steps away. You can also enjoy nearby Neons Bar 72 for lunch and dinner, complete with live music on the patio several evenings a week. At the Bluegreen resort, you can indulge in a full line of spa services. Simply put, you don't have to go far from home to enjoy everything Bay Point has to offer. Whether you're searching for a Panama City Beach second home, a Gulf Coast investment property, or a low-maintenance retreat, this Bay Point real estate gem checks every box.

4725 Bay Point Road Unit 167, Panama City

$130,000

794340 MLS

Waterfront Opportunity on East Bay Discover the possibilities at 4801 E Bay Drive, a rare 0.69-acre vacant waterfront lot offering the perfect setting to build the property you've always envisioned. With navigable water access leading directly to East Bay, you'll have the freedom to get out on the water and explore wherever your heart desires. Whether you're looking to enjoy the open waters of East Bay, venture toward the Intracoastal Waterway, or simply spend quiet mornings and peaceful evenings along the shoreline, this property puts you just a short boat ride from it all. Located in a quiet, lightly developed area, this property offers a sense of privacy and tranquility that is increasingly hard to find. With ample space and waterfront access, it's an ideal opportunity to create a custom home, retreat, or personal waterfront escape tailored to your vision. Build what you desire. Live where the water is your backyard. Enjoy the peace, privacy, and freedom that waterfront living provides.

4801 E Bay Drive, Panama City

$171,000

2 Beds ⋅ 1 Baths ⋅ 794334 MLS

Charming and well maintained 2 bedroom, 1 bathroom home. This half-duplex is perfect for a first-time buyer or investor looking to expand their rental portfolio. The kitchen is equipped with a refrigerator, dishwasher, and range. Recently updated features include new HVAC system providing modern efficiency. LVP flooring throughout the home was installed in 2023. The roof was replaced in 2019. Interior and exterior walls were painted in 2023. Enjoy a generous corner lot on cul-de-sac with fenced backyard ideal for outdoor activities. Additional storage is available with both a storage room closet and a storage shed. Situated just minutes away from the historic St. Andrew's district, you'll have access to vibrant entertainment, dining, shopping, and much more. Plus, enjoy the convenience of a short commute to Panama City Beach! Don't miss out on this excellent opportunity!

3715 Burnham Way, Panama City

$199,500

3 Beds ⋅ 2 Baths ⋅ 794328 MLS

Beautifully updated home in Panama City, move-in ready attached single-family home, no HOA, fenced in yard, and just minutes from Tyndall AFB. This 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 and updated interior doors, the home feels clean, bright, and modern. Previous upgrades include updated cabinets, countertops, flooring, light fixtures, and newer appliances, giving you a stylish, turnkey space from day one. Both bathrooms feature skylights that bring in abundant natural light, adding a unique and airy touch. Major updates have already been handled, including a roof and A/C replaced in 2021, offering added peace of mind. Enjoy a spacious driveway with room for up to 3 vehicles, a fully fenced backyard and an outdoor storage closet attached to the home -- perfect for pets, entertaining, or relaxing outdoors. While technically part of a duplex, the property offers privacy with quiet, friendly neighbors. Conveniently located near shopping, dining, and schools, with easy access to Tyndall Parkway (US-98 & Business 98). Tyndall AFB is less than 10 minutes away, making it a great option for military buyers as well. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home stands out as an affordable opportunity in a rapidly growing area.

5119 Marla Drive, Panama City

$47,900

794325 MLS

Discover the perfect setting for your new construction or mobile home on this cleared 1-acre lot. Some fill dirt was added during clearing, and a newer septic tank was installed within the last five years. A power pole is already in place, along with a well that may need a new motor. Several mature trees remain, providing natural beauty and shade. Located just off Highway 231 in a peaceful rural area surrounded by farmland, yet only 11 miles from shopping, grocery stores, and other conveniences. Enjoy country living without being too far from town!

10616 Heather Lane, Panama City

$145,000

3 Beds ⋅ 2 Baths ⋅ 794265 MLS

Calling all investors. This home is a 3 bedroom 2 bath with large main living area with cathedral ceilings, galley style kitchen, Home has a new roof installed 2024 and sits on .34 acre. Approximately a mile to Mosley High School and less than a mile to Bay Haven Charter Academy.

2541 E 37th Plaza, Panama City

$49,999

794223 MLS

Cleared and ready for your vision! This 50' x 145' homesite is centrally located in the heart of Panama City, offering convenient access to shopping, dining, schools, downtown, Panama City Beach, and Tyndall Air Force Base. Water and sewer are available, and the property is located in Flood Zone X. Whether you're planning a primary residence, investment property, or new construction project, this well-positioned lot offers an excellent opportunity in a convenient location. Buyer to verify all measurements, zoning, utility availability, building requirements, and any other information deemed important.

2409 E 16th Street, Panama City

$189,000

1 Beds ⋅ 1 Baths ⋅ 794063 MLS

Don't miss this Sun Harbor Marina condominium! Currently a long-term rental, this could be your perfect getaway spot, investment property or coastal home. Conveniently located on the ground floor with 1 bedroom and 1 bath, you are just steps from the glittering bay and community pool to enjoy a day in the sun or catch a gorgeous sunset. Nicely renovated with LVP throughout, the single vanity bathroom has a tiled tub/shower, the kitchen has a small breakfast bar with shiplap accents and is fully outfitted with a refrigerator, oven, and microwave. The living area is open concept and has sliding glass doors that lead to the patio with a beautiful view of the marina. There is no washer/dryer in the unit, but there is a laundry room onsite. A community pool and an area to grill are the other amenities along with the marina store. The condo fees of $425/month include water, sewer, garbage, pest control, pool and cable. The marina offers annual slips or transient dockage in their newly rebuilt marina with deep-water ICW access, secure gated entry, and modern amenities. They have a fueling station, offer a variety of charters and boat/jet ski rentals. Just minutes from the beaches, Navy base, grocery shopping and great restaurants. Short term rentals are currently allowed this year. The unit furnishings belong to the tenant. The tenant would love to continue renting if you are looking for a new investment property for your portfolio. Appointments to see must have 24 hours' notice. Call to set up your showing today!

5505 Sun Harbor Road Unit 105, Panama City

$39,900

794035 MLS

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Are you a pilot looking for the ideal blend of functionality, coastal lifestyle, and aviation convenience? Come discover the exclusive, gated fly-in community of Sandy Creek Airpark, and the luxury of flight centric living. This expansive, cleared, 3/4 acre homesite offers direct runway access and provides the perfect canvas for a custom-built residence with an integrated or detached private hangar. Design seamless aircraft storage and maintenance directly into your living space. Underground utilities, public water and sewer, paved streets, and low HOA dues. This lot allows you to enjoy effortless flight directly from home...an unparalleled convenience that transforms aviation from a hobby into a privileged daily opportunity. Located on 138 acres in the East Bay Sector of Panama City, Florida, this premier fly-in airpark, identified as FAA 75FL on the New Orleans sectional chart, features a 3,200' X 60 paved runway (9/27) with dusk-to-dawn lighting and a green-white beacon. You'll enjoy privacy and tranquility sequestered away from the urban center. When you venture out, this location provides convenient access to Panama City, Tyndall Air Force Base, and the white-sand beaches of the Emerald Coast. Just a few miles away you'll find shopping, dining, boat ramps, and local marinas for boating enthusiasts. Experience the rare freedom of flying directly from your home for business or pleasure, while enjoying the benefits of coastal living!

13222 Airway Street, Panama City

$39,900

794020 MLS

Are you a pilot looking for the ideal blend of functionality, coastal lifestyle, and aviation convenience? Come discover the exclusive, gated fly-in community of Sandy Creek Airpark, and the luxury of flight centric living. This expansive, cleared, 3/4 acre homesite offers direct runway access and provides the perfect canvas for a custom-built residence with an integrated or detached private hangar. Design seamless aircraft storage and maintenance directly into your living space. Underground utilities, public water and sewer, paved streets, and low HOA dues. This lot allows you to enjoy effortless flight directly from home...an unparalleled convenience that transforms aviation from a hobby into a privileged daily opportunity. Located on 138 acres in the East Bay Sector of Panama City, Florida, this premier fly-in airpark, identified as FAA 75FL on the New Orleans sectional chart, features a 3,200' X 60 paved runway (9/27) with dusk-to-dawn lighting and a green-white beacon. You'll enjoy privacy and tranquility sequestered away from the urban center. When you venture out, this location provides convenient access to Panama City, Tyndall Air Force Base, and the white-sand beaches of the Emerald Coast. Just a few miles away you'll find shopping, dining, boat ramps, and local marinas for boating enthusiasts. Experience the rare freedom of flying directly from your home for business or pleasure, while enjoying the benefits of coastal living!

12918 Airway Street, Panama City

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