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$68,000
782521 MLS
Vacant Lot on water. No value to the small house/shed on the lot. Seller will not make any repairs to the small house. Close to Southport and Lynn Haven, restaurants, medical facilities and shopping. This lot would make a great weekend place or permanent residence. GO SEE THIS WATER FRONT LOT.

7635 Kelly Hill Road, Panama City
$119,900
2 Beds ⋅ 2 Baths ⋅ 782421 MLS
Charming End Unit Townhome — Affordable & Move-In Ready! Discover this end-unit townhouse-style home tucked away in a quiet, non-HOA community, offering freedom from extra fees and restrictions. Step inside to find a freshly painted interior in neutral tones, creating a bright and welcoming feel throughout. The updated kitchen shines with new cabinets, modern countertops, and stainless steel appliances, including a stove and hood. Enjoy the privacy of a fully fenced backyard and unwind under the covered back porch—perfect for outdoor relaxation or entertaining. Conveniently located between Panama City and Tyndall Air Force Base, this home offers affordable comfort and value in a prime central location. Whether you're a first-time buyer or looking to downsize, this property is ready for you to make it your own!

131 Cheri Lane, Panama City
$505,000
3 Beds ⋅ 3 Baths ⋅ 782400 MLS
New driveway installed in May!!!! Looking for a beautifully crafted log cabin? You need to check this one out! Set on 4.65 acres, this property is surrounded by mature trees and open space to provide perfect blend of privacy and peaceful living. Your breath will be taken away when you step inside! The spacious living room features soaring high ceilings, exposed wood beams and a beautiful wood burning fireplace. The newly renovated kitchen boasts contemporary finishes and offers plenty of space for cooking and entertaining. This home includes three bedrooms 2 1/2 bathrooms. A loft on the second floor provides perfect space for an office, Game room, or even an additional sleeping area. There is a large detached RV/Boat garage for all your recreational vehicles, equipment, workshop needs. All information deemed accurate but should be verified by buyer. Open House Sunday January 11th 1:30-4 pm

9027 Crook Hollow Road, Panama City
$6,200,000
782381 MLS
PRICE IMPROVEMENT - NOW OFFERED AT $6.2 MILLION. This stabilized 50-unit garden-style apartment community presents an exceptional opportunity to acquire a well-maintained, income-producing asset with significant recent capital improvements and long-term upside. The property features a highly desirable unit mix of 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10 four-bedroom apartments, with 42 units renovated since 2020, showcasing updated flooring, fresh paint, windows, and modern fixtures. Ownership has invested heavily in the property's infrastructure, including new metal roofs, upgraded electrical panels, and numerous HVAC and water heater replacements, minimizing near-term capital expenditures. Additional revenue is generated through an on-site laundry facility, while a separate office building with storage provides efficient on-site management and operational support. The community maintains consistently strong occupancy and is further enhanced by an assumable $4.57 million fixed-rate, 3.75% non-recourse loan (subject to lender approval), providing a significant financing advantage in today's interest rate environment. Ideally located near major employers, schools, shopping, dining, and just minutes from Panama City Beach, the property benefits from strong rental demand in one of Northwest Florida's fastest-growing markets. Now priced at $6.2 million, this is a compelling opportunity for investors seeking immediate cash flow, operational stability, favorable financing, and future growth potential.

3510/ 3536 Saint John Street, Panama City
$6,185,000
782380 MLS
This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady net revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential. Positioned within the heart of Downtown Panama City's ongoing revitalization--featuring upgraded streetscapes, improved walkability, and renewed waterfront development--this asset remains one of the most compelling opportunities in the market. The pricing adjustment simply aligns the offering with current investor activity and enhances the property's already strong return profile.

240 Harmon Avenue, Panama City
$170,000
3 Beds ⋅ 2 Baths ⋅ 760746 MLS
Tired of living on top of your neighbor's? Here's your chance to get out of town and have over an acre of ground and enjoy quiet, country living. This 3/2 had a new metal roof installed 5 years ago, and a new HVAC system 4 years ago. There is a beautiful stone wood burning fireplace for chilly nights. There is even a supply of wood in shed. There is a detached two car garage with a freezer that comes with the house. Sip coffee in the sunroom observing nature in your back yard. Septic system was pumped out and inspected on 8/6/24, ask your Realtor for the report, which is in the documents tab. Well pump was replaced after Hurricane Michael. It is the perfect opportunity to move right in and make cosmetic improvements as you go. With over an acre of ground, there are so many possibilities for uses of the outdoor space-parking for your boat, RV, etc. and plenty of space for installing a pool. Call your favorite Realtor and make your country living dreams a reality!

6441 Waverly Street, Panama City
$280,000
742880 MLS
Attractive attorney office located in downtown Panama city. Three large offices, conference room, break room and waiting room.

1021 Grace Avenue, Panama City
$297,000
747551 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS || Commercial property right in the desirable area of St. Andrews! This property is equipped with a reception area, private conference room,4 suites, a half bath in the hallway and a full bathroom in the oversized suite! This property has been well taken care of and is ready for a new business to reach their full potential. Two car wood-look garage with extra storage towards the back offers the ultimate perk. The large corner lot is completely fenced in the back and can store plenty of equipment. You cannot beat this location. Looking to place your business with the upmost exposure from daily drivers? Check out this property before it is too late!

1800 Beck Avenue, Panama City
$130,000
749112 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILLING TO CONSIDER BACK UP OFFERS.' Prime opportunity to build your dream home one block from the beautiful blue waters of St. Andrews Bay in Panama City. This parcel has been cleared, has private alley access, and has undergone complete soil testing. There's a certified survey available along with an elevation certificate and a new curb driveway. This highly sought-after community also offers sidewalks throughout. The lot is a short walk and only a block away from the public beach and sitting area by the bay along Beach Dr. Super close to everything the St. Andrews area has to offer. Don't delay - this piece of land won't last long!

2404 W 9th Street, Panama City
$105,000
757744 MLS
One acre lot in the heart of Panama City, just off of 23rd Street. The home on the property was built in 1955 and is uninhabitable in its current condition so this one is being sold for land value only. Zoning is Bay County R-1 (residential) so this would make a beautiful lot for you to build your new dream home or possibly split the lot and have two large residential lots for your next investment. These larger large lots are rare so close to town so contact your Realtor today.

2519 Mercedes Avenue, Panama City
$182,500
744153 MLS
Have you been looking for about 5 acres to either build your new home? Or maybe you just want to own some land for awhile because they are not making anymore of it? Maybe your tired of contending with your HOA and want some space to spread out with no rules? This is your place! The owner has newly cleared it and added dirt has manicured it beautifully! With about 5.5 acres +- you have room to spread out, a small pond to fish and some awesome trees to hang your swing from! You have easy access via a paved road and the location is only 15 minutes from Lynn Haven!

10995 Resota Beach Road, Panama City
$25,000
749319 MLS
Don't miss out on this opportunity to own this beautiful lot. Great location and perfect for building a home or adding a mobile home.

10537 S Bear Creek Road, Panama City
$25,000
743686 MLS
Great opportunity to own your land in Panama City, Florida. Clean lot. Move your mobile home in a nice area close to restaurants and shopping centers. This 0.21 acre lot has everything you need to put a mobile on the lot. If you have a mobile home, come and buy your own land. Don't miss this deal and bring your mobile home. Drive by and take a look.MOTIVATED SELLER. Bring your favorite realtor or call me for information.

6237 Bryan Way, Panama City
$22,000
755218 MLS
Welcome to your canvas of opportunity this vacant land offers a rare chance to sculpt your dream vision into reality. Located in the bustling metropolis of Panama City, this parcel of land is perfectly positioned to embrace both the serene beauty of nature and the convenience of urban living. Situated within close proximity to essential amenities, schools, shopping centers, and recreational facilities, you'll find everything you need just a stone's throw away. Don't miss out on the chance to own a slice of paradise in Panama City. Whether you're an investor, developer, or dreamer, seize this opportunity. Contact us today and embark on your journey to realizing your dreams! Public sewer and Water zoned Multi use.

436 Raven Lane, Panama City
$30,000
752903 MLS
Discover the potential of this exceptional lot. This property is zoned R-1 Boasting approximately 84 ft of frontage on Louisiana Ave and a depth of about 101 ft, this 0.231-acre property is an enticing opportunity for development. The prime location offers unmatched convenience, with walking distance access to Bay High School, Harrison Ave, City Transportation, and Bay Town trolley stops. Proximity to Ascension Sacred Heart Bay, Downtown Panama City, and the city's vibrant attractions adds further allure. Positioned in a Panama City Opportunity Zone, this property comes with numerous benefits for savvy investors. Furthermore, this lot seamlessly connects to a commercial property at 1121 MLK Blvd, zoned GC-2 and listed for sale at $70,000. This connection opens up a realm of possibilities, making it an attractive proposition for those considering both residential and commercial ventures. Don't miss out on the potential this unique property holds!

1110 Louisiana Avenue, Panama City
$60,000
749639 MLS
This expansive property offers a unique chance to take advantage of its mixed zone use and prime location just off Hwy 98. With plenty of space available, you have the freedom to create a duplex, a large garden, an outdoor living area, or anything else you can imagine. Additionally, this property allows you to build a custom home that perfectly suits your specific needs and desires, making it the ideal place to create your dream living space. Furthermore, being a mixed-use property zone, it offers versatility and can be utilized for various purposes. Don't let this opportunity pass you by! It's just a 2-minute drive to Walmart, Aldi, and schools, adding to its appeal. Moreover, it's conveniently located only 25 minutes away from the beach and a mere 15 minutes from Tyndall Air Force Base, offering the best of both worlds. With its spacious lot, excellent location, and mixed-use zoning, this property provides abundant opportunities for you to explore. Please note that all measurements are approximate, so it's advisable to verify them if necessary. Rest assured, this property is in Flood Zone X, ensuring peace of mind.

5009 E 9th Street, Panama City
$45,000
748906 MLS
Come Check out this large .399 Acre Lot! Close to parks, shopping About 13 minute drive to Tyndal airforce base and about 24 minute drive to the Navy Base. Perfect for someone looking to build on this lot with utilities in place!

234 Springfield Avenue, Panama City
$399,000
746601 MLS
Highly desirable commercially zoned and traffic signaled with median cut 2± acre site located at the southwest corner of Highway 231 and Cherokee Heights Rd. Located strategically in the heart of all the residential growth, Tommy Smith Elementary, and Merritt Brown Middle. Site is currently zoned C-3 in Bay County ; Highway 231 traffic count: 28,500 (2022) ; 308± ft. on Hwy. 231 , 449± ft. on Cherokee Heights Rd. , 245± ft. on the south , 262± ft. on the west.

000 Highway 231, Panama City
$75,000
758025 MLS
Vacant Commercial Lot available for development. Lot Dimensions 50 X 140

1034 Jenks Avenue, Panama City
$70,000
752852 MLS
Large vacant residential lot, ready for your new home.

1522 Lincoln Avenue, Panama City
$135,000
3 Beds ⋅ 1 Baths ⋅ 765773 MLS
Rare opportunity for 1 acre with a home. 180ft on Hwy 22. Currently zoned R6 residential but the City of Callaway said it could also be easily changed for commercial. The perfect setup for a business that could utilize the home for an office and uses the large lot for trucks, supplies, materials, additional structures, etc. Could also be developed to make multiple 6000 sqft lots for single family homes. You could also rehab the home and cut out lots to build on. Many possibilities. The home has a new roof, front porch and original hardwood floors. Needs some repairs and updates. City water and sewer.

5120 E Highway 22 Highway, Panama City
$1,300,000
4 Beds ⋅ 2 Baths ⋅ 763800 MLS
20 acre estate offers total privacy and features a solid, custom brick home with 4 bedrooms, 2.5 baths, and over 3,000 square feet of heated and cooled living space. Open floor plan is with 10-foot ceilings. In the open area the kitchen includes custom cabinets, granite countertops, a large island with storage, stainless steel appliances, induction cooktop, and butler's pantry. Living area has perfectly placed windows to view the front of the property, wood burning fireplace with stone exterior and built-ins. Dining area has room for a large dining table and other large pieces of furniture. An oversized master suite with two large walk-in closets, large master bath with a separate tub and shower. Other bedrooms share a Jack and Jill bathroom. A dedicated office, a well-organized laundry room, and a flex space that can be used for storage or as a 4th bedroom. This room is equipped with custom built-ins, a hanging system for clothing, and a built-in desk. Outside, a large covered back porch with two entry points—one from the master bath and the other from the main living area—leads to a fenced area with an outdoor shower. A covered front porch all surrounded by nice landscape. Two car garage, attic space, security system, new deep well, home water system, and a sprinkler system. The property includes a large, overbuilt metal pole barn suitable for storing a motorhome, boat, cars, and more. This structure has two enclosed storage rooms, each with tall ceilings. There's also an additional covered pole barn and a firewood shed, with plenty of space to add a pool if desired. A private, quarter-mile paved road with a circular driveway leads from the main road to the home. Centrally located near Bay County schools, this estate is just 30 minutes from beautiful Panama City Beach and 20 minutes from the International Airport. This estate combines quality design with total privacy, scenic views, and convenient access to beach, city and county amenities. Buyer to verify all important details. Measurements are approximate.

3441 New Church Road, Panama City
$55,500
765709 MLS
Build your new home on this beautiful lot. Centrally located to everything, including Panama City Beach, Tyndall Air Force Base, The Navy Base, many shops, restaurants, parks, hospitals, Gulf Coast State College, historic St Andrews and many downtown attractions. Property doesn't fall in an HOA (Homeowner Dues). Lot is cleared and easy access to city water and sewer.

2718 S Gornall Avenue, Panama City
$31,000
744462 MLS
Welcome to Sandy Creek Air Park, where your dreams of aviation-inspired living come to life! This exclusive gated community offers a rare opportunity to own vacant land in an idyllic setting, complete with your very own private airstrip. Nestled within the picturesque landscapes, Sandy Creek Air Park is a haven for aviation enthusiasts and those seeking a tranquil escape. Imagine building your custom-designed retreat on this expansive plot, with ample space to create the perfect outdoor oasis. Embrace the thrill of flying as you taxi down the private airstrip for your airborne adventures or welcome friends and family to experience the magic of your aviation sanctuary. This is your chance to be a part of a vibrant and welcoming community, where you can enjoy aviation-themed events, social gatherings, and shared hangar facilities. With convenient access to essential amenities and schools, seize the opportunity now to secure your slice of heaven in the coveted Sandy Creek Air Park community. Act fast, as properties are limited, and this unique offering won't last long!

13017 Airway Street, Panama City
$10,000
747226 MLS
ATTENTION INVESTORS!! Grab this opportunity to get a vacant lot for your next build or investment property! Located in Springfield close to the bay and Tyndall AFB.

134 Poston Avenue, Panama City
$53,000
753230 MLS
Under Contract! Seller willing to consider back up offers. The property has an excellent East Bay water view and is the perfect place to build your dream home. This property offers a garage that is on the property and has city water and sewer hookups. Please call for more information.

1526 Doty Circle, Panama City
$50,000
758832 MLS
Attention Builders and Investors! Residential (R-1) lot in the heart of historic St. Andrews and centrally located between Panama City Beach and downtown Panama City. Manicured lot 66 x 140', no flood zone and no HOA. Convenient to parks, shopping, restaurants and St. Andrews Marina.

1708 Arthur Avenue, Panama City
$185,000
2 Beds ⋅ 1 Baths ⋅ 763543 MLS
Charming 2-bedroom, 1-bath home at 1811 Chestnut Ave, Panama City, FL 32405, boasting a cozy brick and siding exterior with a welcoming front porch. The well-maintained front yard offers lush green space, while the inviting carport adds convenient covered parking. Inside, the home provides a comfortable layout perfect for small families or first-time buyers. Relax or entertain outdoors with a private pool and hot tub in the backyard oasis. The combination of classic curb appeal and outdoor amenities makes this home a wonderful retreat!

1811 Chestnut Avenue, Panama City
$44,000
766550 MLS
Cleared vacant lot 68 x 110 centrally located near 23rd Street, St. Andrews and five minutes to Panama City Beach.. Convenient to Gulf Coast College, Florida State PC Campus and Carl Gray Park. Zoned R-1 with city water and sewer available. Also this is not in a flood zone per FEMA! There aren't many lots in this price range nor in this area!

3915 W 20th Court, Panama City
$180,000
2 Beds ⋅ 1 Baths ⋅ 757959 MLS
Great duplex for rental to Invester. Units A & B each have 2/1 and 600 sqft with kitchen, living area, front porch.

606 E 13th Street, Panama City