Panama City, FL Real Estate Search

Panama City, FL Homes for Sale

Overview of the Real Estate Market in Panama City, FL

The real estate market in Panama City, Florida, has been experiencing significant changes, attracting potential homeowners and investors alike. Situated along the stunning Gulf Coast, the city offers a mix of vibrant community life, beautiful beaches, and a growing economy. With a diverse range of properties available—from cozy beachfront condos to expansive family homes—Panama City has become a sought-after destination for those looking to relocate or invest in real estate. Whether you are drawn by the area’s natural beauty or its economic opportunities, those considering a real estate endeavor in Panama City will find a bustling market with plenty of options.

Types of Properties Available

In Panama City, prospective buyers can explore a wide variety of real estate options. Condominiums dot the coastline, offering stunning views of the beaches and easy access to waterfront activities. Single-family homes are prevalent in family-friendly neighborhoods, often featuring spacious yards and community amenities. For those looking for investment properties, Panama City also has a range of duplexes and multi-family homes that provide potential rental income. With such diversity, the local market caters to a broad audience, ensuring that everyone can find something that fits their lifestyle and budget.

Market Trends and Predictions

Recent trends in the Panama City real estate market indicate a robust demand that has resulted in rising property values. Following the economic recovery post-COVID-19, there has been an influx of buyers seeking real estate in coastal areas for both permanent residence and summer getaways. Experts predict that this upward trajectory will continue, as remote work becomes more common and individuals seek homes that offer not only aesthetic appeal but also a desirable quality of life. Moreover, new commercial developments are on the rise, which could further stimulate residential demand in the coming years.

The Economic Impact of Tourism

Tourism plays an essential role in Panama City’s economy, directly influencing the real estate market. The area's pristine beaches and vibrant local attractions draw millions of visitors annually, creating a strong demand for rental properties. This influx has encouraged many investors to purchase homes and condos to capitalize on short-term rental opportunities. The popularity of platforms like Airbnb has transformed the landscape, as many property owners are now generating significant income through vacation rentals. Thus, the symbiotic relationship between real estate and tourism continues to strengthen the local economy.

Future Developments and Community Expansion

Looking ahead, Panama City is poised for future growth, with various development projects underway aimed at enhancing living conditions and attracting new residents. Expansion of infrastructure, public facilities, and green spaces are all part of the city's plan to create a more livable and inviting environment. As the community continues to develop, property values are likely to rise, making it an opportune time for potential buyers and investors to enter the market. As Panama City embraces modernization while maintaining its charm, it positions itself as a prime destination for those seeking real estate in a vibrant coastal setting.

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Panama City, FL Homes for Sale

Avg. No of Beds
Avg. No of Baths
Avg. Living Ft2
Avg. Listing Price
Cost per ft2
Days on Market

Newest Panama City, FL Homes for Sale

$450,000
3 Beds 2 Baths 999485 MLS 1,743 SqFt.
Welcome to 4725 Halcyon Dr. -- a beautiful three-bedroom, two-bath all-brick home tucked away on a quiet street, just a short walk from the boat landing at Deer Point Lake. Fully renovated down to the studs in 2019, this home feels brand new, featuring all-new upgrades including a 30-year dimensional shingle roof, insulation, sheetrock, flooring, HVAC system, hot water heater, windows, kitchen and appliances, sleek black gutters, plumbing and lighting fixtures, and fresh paint throughout. As you step through the private front gate, you'll be greeted by the fragrant Jasmine Evergreen climbing the fence, adding charm and character to the property. The spacious paver driveway leads to a two-car garage. Inside, you'll find luxury vinyl plank flooring throughout and a modern kitchen that boasts soft-close cabinetry, floating shelves, white subway tile backsplash, quartz countertops, and high-end appliances--including a white refrigerator less than a year old. The living room features a fully operational wood-burning fireplace that can also be used as an electric heat source, perfect for cozy winter evenings. The primary bedroom is bright and generously sized, offering serene views of the private backyard. The primary bath includes a double vanity and a walk-in closet. With a split floor plan, both bathrooms have been completely updated with matching quartz countertops and custom cabinetry. Step outside to a large screened and covered back porch, a fully fenced backyard for ultimate privacy, and even a chicken coop. With no HOA, you're free to park your RV or boat on-site. Located in Flood Zone X, flood insurance is not required. This home is the perfect blend of comfort, privacy, and modern living--schedule your private showing today.

4725 Halcyon Dr, Panama City

$450,000
3 Beds 2 Baths 787700 MLS
Welcome to 4725 Halcyon Dr. -- a beautiful three-bedroom, two-bath all-brick home tucked away on a quiet street, just a short walk from the boat landing at Deer Point Lake. Fully renovated down to the studs in 2019, this home feels brand new, featuring all-new upgrades including a 30-year dimensional shingle roof, insulation, sheetrock, flooring, HVAC system, hot water heater, windows, kitchen and appliances, sleek black gutters, plumbing and lighting fixtures, and fresh paint throughout. As you step through the private front gate, you'll be greeted by the fragrant Jasmine Evergreen climbing the fence, adding charm and character to the property. The spacious paver driveway leads to a two-car garage. Inside, you'll find luxury vinyl plank flooring throughout and a modern kitchen that boasts soft-close cabinetry, floating shelves, white subway tile backsplash, quartz countertops, and high-end appliances--including a white refrigerator less than a year old. The living room features a fully operational wood-burning fireplace that can also be used as an electric heat source, perfect for cozy winter evenings. The primary bedroom is bright and generously sized, offering serene views of the private backyard. The primary bath includes a double vanity and a walk-in closet. With a split floor plan, both bathrooms have been completely updated with matching quartz countertops and custom cabinetry. Step outside to a large screened and covered back porch, a fully fenced backyard for ultimate privacy. With no HOA, you're free to park your RV or boat on-site. Located in Flood Zone X, flood insurance is not required. This home is the perfect blend of comfort, privacy, and modern living--schedule your private showing today.

4725 Halcyon Drive, Panama City

$449,000
2 Beds 3 Baths 787612 MLS
Deeded Garage Space on the same floor of unit. No elevators necessary. This highly sought-after low-floor unit features one of the best 2-bedroom floor plans at Shores of Panama--and lives like a 3-bedroom. The spacious bunk room is a true enclosed room with a door and window, offering added privacy and flexibility for guests. Designed for both comfort and views, the Gulf-front primary suite and living area open directly onto an extra-wide private balcony through sliding glass doors. Enjoy breathtaking Gulf views, coastal breezes, and the soothing sound of the waves right from your living space. This unique layout includes a Gulf-view primary suite with private bath and balcony access, a second suite with its own bath, a private bunk room, and an additional guest bathroom--providing ideal accommodations for owners and guests alike. The open-concept living area features a fully equipped kitchen, breakfast bar, and dining space perfect for entertaining. Offered fully furnished and turnkey, the condo showcases attractive plank flooring, coastal-inspired colors, and quality finishes throughout. Step onto the balcony to take in stunning pool views along with glimpses of turquoise waters and sugar-white sand. A rare highlight of this property is the deeded parking space located on the same (3rd) floor--no elevators needed--providing unmatched convenience and easy access. Low-floor units like this are rarely available, allowing you to skip elevator wait times with just a short walk up two flights of stairs. Shores of Panama offers resort-style amenities including a spectacular zero-entry pool, tiki bars, hot tubs, indoor pool, sauna, steam rooms, fitness center, and on-site snack shop with coffee, donuts, and ice cream. Ideally located next to Pineapple Willy's and just minutes from Pier Park, Topgolf, and Pirate's Voyage, this condo puts you in the heart of Panama City Beach's best dining, shopping, and entertainment. With its exceptional layout, stunning views, and unbeatable convenience, this property is a must-see.

9900 S Thomas Drive Unit 323, Panama City

$399,900
2 Beds 2 Baths 787603 MLS
Welcome to your Gulf-front condo in Panama City Beach at the highly sought-after Shores of Panama--a proven short-term rental investment with strong income history and breathtaking direct Gulf views from the 20th floor. This 2-bedroom, 2-bath Gulf-front condo is designed for both personal enjoyment and maximum rental performance. The open-concept layout features a fully equipped kitchen with stainless steel appliances, a spacious living area with updated coastal furnishings, and floor-to-ceiling glass doors leading to a private balcony overlooking the emerald waters and white sand beaches of the Gulf of Mexico. The primary suite offers a comfortable king-sized bed, while the separate bunk room (queen-over-queen configuration) significantly increases occupancy--making this unit ideal for vacation rental income. Coastal tones and modern finishes create a bright, clean, and turnkey-ready interior. Step outside to your private balcony and take in panoramic beachfront views, perfect for sunrise coffee or sunset cocktails--one of the most desirable features for Panama City Beach vacation rentals. This unit also includes a deeded parking space, a rare and highly valuable asset that enhances both convenience and rental appeal. Owners and guests at Shores of Panama enjoy resort-style amenities including: Lagoon-style beachfront pool, Indoor heated pool & hot tub, Fitness center & full-service spa, On-site dining and bar, Direct beach access. Located in the heart of Panama City Beach, Florida, this property is minutes from dining, entertainment, and attractions--making it a top choice for investment property buyers, second-home owners, and those seeking a turnkey beachfront condo. Whether you're searching for a high-performing investment property or a Gulf-front second home, this opportunity delivers on every level.

9900 S Thomas Drive Unit 2011, Panama City

$415,000
3 Beds 2 Baths 787601 MLS
Opportunity meets location with this three bedroom coastal townhouse ideally positioned just steps from the shoreline in the heart of east Panama City Beach. Situated directly across from the public beach access at Rick Seltzer Park, this property offers the kind of convenience and rental appeal that today's buyers and investors are searching for. Whether you're looking for a vacation getaway, income-producing short-term rental, or full-time residence, this versatile property delivers. The interior features a bright, open layout designed for relaxed coastal living, with updated finishes that create a welcoming, low-maintenance space for owners and guests alike. Step out onto the second-floor balcony and take in views of the Gulf--perfect for morning coffee or unwinding after a day at the beach. What truly sets this property apart is the flexibility and long-term value. With no HOA, no flood insurance requirement, and no restrictions on short-term rentals, owners have the freedom to maximize income potential while keeping operating costs manageable. Notable improvements--including a new roof (2019), updated siding, Trex decking, PVC railings, and a new AC system installed in April 2023--provide peace of mind and added durability for years to come. Located just minutes from the area's top dining, shopping, and entertainment, this property combines lifestyle, convenience, and investment potential in one compelling package. Whether you're building your portfolio or securing your own place at the beach, this property offers the location, flexibility, and upside that make coastal investments worthwhile.

7405 Beach Drive Unit B, Panama City

$347,200
4 Beds 2 Baths 787592 MLS
This full brick home is on a beautiful cul-de-sac lot. The well-designed layout offers a perfect balance of functionality and contemporary aesthetics, creating a space that suits your modern lifestyle. Step inside and be greeted by a spacious living area that serves as the central hub of the home. The open concept design seamlessly connects the living room, dining area, and kitchen, allowing for easy flow and interaction. The kitchen is thoughtfully designed with modern appliances, ample cabinet space, and a convenient pantry, making meal preparation and entertaining a breeze. The master suite provides a private retreat, complete with an en-suite bathroom and a generous walk-in closet, offering both comfort and convenience. It has a large walk in shower in master bath. It has three additional bedrooms providing flexibility for accommodating family members, guests, or creating a home office or hobby space. The 1602 floorplan also includes a porch, extending your living space outdoors and providing a cozy spot for relaxation or outdoor gatherings. With Adams Homes' commitment to quality craftsmanship and attention to detail, this home exudes contemporary elegance and style. Embrace the functionality and aesthetic appeal of the 1602 floorplan, and customize it to suit your personal preferences, creating a space that reflects your unique lifestyle and brings joy to everyday living. this home also features Coretec flooring throughout and subway tiled kitchen backsplash.

5019 Parkbrook Cove, Panama City

$425,100
5 Beds 4 Baths 787589 MLS
This home will be built on a cul-de-sac lot on Parkbrook Cove. The pictures are of a like plan. Welcome to the grandeur and elegance of the 2525 floor plan, a stunning two-story home that exemplifies luxurious living. With 5 bedrooms and 3.5 baths, this residence offers an abundance of space for you and your family to thrive. As you step inside, you'll be greeted by a magnificent two-story foyer that sets the stage for the grandeur that awaits. The heart of the home is the breakfast-bar kitchen, which is both functional and visually stunning. It features spacious pantry & storage, this kitchen is a chef's dream come true. The dining nook is the perfect spot to savor your morning coffee or enjoy casual family meals while basking in the natural light streaming through the windows. The master suite is a true haven, boasting a generous layout and featuring an expansive walk-in closet that can accommodate even the most extensive wardrobe. The ensuite bathroom offers a tranquil escape with its luxurious fixtures, a tiled shower, a linen closet, and dual vanities. The remaining bedrooms are located upstairs and provide ample space for family members or guests, ensuring everyone has their own private retreat. These rooms can be versatile and adapted to suit your needs, whether you prefer a dedicated home office, a hobby room, or a play area for the little ones. The 2525 floorplan combines thoughtful design, impeccable craftsmanship, and luxurious features to create a home that exceeds expectations. From the grand entryway to the well-appointed living spaces, every detail has been carefully considered to enhance your living experience. Like plan. Colors may be different than shown.

5023 Parkbrook Cove, Panama City

$361,500
3 Beds 3 Baths 787453 MLS
OPEN HOUSE -- 9-19-26--10AM. TO. 1PM. -------REDUCED -- REDUCED --IMMACULATE - UPDATED --- BRING OFFERS. -- SELLER MOTIVATED. --- THIS SPACIOUS TOWNHOME OPENS TO A LARGE GREATROOM WITH AN UNBELIEVABLE WATERFRONT VIEW. BEAUTIFUL ELECTRIC FIREPLACE FOR ADDED COMFORT IN COOLER WEATHER. RECENTLY UPDATED KITCHEN HAS GRANITE COUNTERTOPS. THE LARGE ISLAND ALSO HAS SMALLER PORTABLE ISLAND FOR ADDED COUNTER SPACE AND STORAGE. CLOSET/LAUNDRY IN THE HALL AND A PANTRY OFFER EXTRA STORAGE( LAUNDRY HOOKUP IN GARAGE ALSO). A HALF BATH IS LOCATED ON THE MAIN FLOOR ALSO. TONGUE AND GROOVE CEILINGS THROUGHOUT THE HOME OFFER ADDED INTEREST WHILE A COMBO OF TILE AND BEAUTIFUL LUXURY VINYL FLOORS OFFER DURABILITY AND EASY OF CLEANING. UPSTAIRS: OVERSIZE MASTER BEDROOM THAT OVERLOOKS THE CANAL OUT BACK HAS 2 SEPARATE CLOSETS (ONE IS A WALKIN) AND A LARGE NEWLY UPDATED TILE SHOWER WITH A SEPARATE TOILET AREA. THERE IS AN UPSTAIRS BALCONY OVERLOOKING THE CANAL. TWO OTHER ROOMY BEDROOMS SHARE A HALL BATH. THE LIST GOES ON ! THE 22'X22' COVERED DECK/ PATIO OVERLOOKS THE CANAL WITH AN UPDATED SEAWALL AND 21' X 10' DECK JUST WAITING FOR YOUR BOAT. SEVERAL STREETS HAVE BEEN NEWLY PAVED WITH NEW CURBS, GUTTERS, FIRE HYDRANTS, AND WATER AND SEWER LINES. LOTS OF AMENITIES TO SEE AND ENJOY. THIS HOME HAS BEEN ALMOST TOTALLY UPDATED! THIS IS A RARE FIND AND BEING ON THE WATER REALLY LETS YOU PLAY A LITTLE. THIS IS A MUST SEE PROPERTY CALL TODAY FOR AN APPOINTMENT. !!!

1341 Capri Drive, Panama City

$685,000
3 Beds 3 Baths 787342 MLS
If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest--one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing--and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests--perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline. Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity--without the noise of lower levels. It's a perspective both owners and guests consistently prefer. Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity. Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited. Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don't wait--and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

6201 Thomas Drive Unit 1607, Panama City

$389,000
3 Beds 3 Baths 787341 MLS
Welcome to the highly desired Forest Park neighborhood! This unique property has a thoughtfully designed 3 bedroom 2 1/2 bathroom home with a Metal roof and Hardie board siding, a newly renovated workshop shed, and a 12 x 30 pole barn concrete pad with 30 amp power for RV storage, accessed via a farm gate off the driveway. This beautiful home is rich with craftsman features to include custom doorway and archway trim, wainscoting, crown molding, and wall alcoves. As you enter the home, you step into the open living room with high vaulted ceilings. The open stairway leads to the loft and bedroom area. Under the stairs is the hall to the powder room and gorgeous spacious primary suite. Through the living room is the modern kitchen with quartz countertops, a large porcelain farm sink, ample custom maple cabinets, a broad island with bar seating, a walk-in pantry, Whirlpool Gold stainless appliances, and new LED recessed lights. Off the kitchen is a dining room and den area that leads to the backyard, as well as the laundry room which leads to the garage. The downstairs primary bedroom has a tray ceiling and two closets, one of which is a large walk-in with built-in shelving. There is also a deep linen closet just outside of the primary bathroom. This bathroom has a large walk-in tiled shower with rainfall and handheld showerheads, two quartz-top vanities with new mirrors and individual built-in medicine cabinets, and a separate toilet closet with extra shelved storage space. There is also an exit to the backyard, which is excellent restroom access for backyard entertaining or shower access following yardwork or returning from the beach. The powder bathroom was remodeled in 2025 with a new vanity, quartz vanity top, lighting, mirror, and brushed nickel fixtures. The entire lower level has hand-scraped wood-look ceramic tile, except for the primary bathroom, which has marble look ceramic tile to match the shower surround tile. Upstairs, you will find the other primary style bedroom with an en suite bathroom and two closets, as well as the open loft bedroom, which has built-in wall shelving, a closet, and enough room for a queen bed and desk or a nice office set up. The upstairs en suite bathroom has plenty of cabinetry for storage and linens, a new mirror, new vanity light, and new brushed nickel fixtures, and a tiled walk-in shower with a built-in bench and niche. The workshop shed has new steel siding and roofing, a new door with a pin code deadbolt, new foam board insulation, ceiling fan, overhead lumber storage 2 work tables, and electric power with its own breaker panel. The pole barn with concrete pad has a very high metal roof cover to house most RVs, boats, or other recreational vehicles. The pad has Georgia granite rock borders on the fence side and back to keep weed growth down and provide excellent drainage to the city easement behind the privacy fence. The home has solar panels on two roof surfaces (which are not visible from the street) to keep electric costs low. There are hurricane shutters, gutters, and a freshly painted pergola and covered porch in front to relax and enjoy your maintenance free quiet cul-de-sac home. This is a must-see property!

941 Agnes Scott Circle, Panama City

$2,050,000
7 Beds 4 Baths 787257 MLS
EXCEPTIONAL VALUE ALERT Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.

4120 Nancee Drive, Panama City

$342,400
3 Beds 2 Baths 787203 MLS
Currently under construction: This well-designed 1,634-square-foot home offers an ideal blend of comfort, functionality, and modern style. Upon entry, you are welcomed by a charming dining area that flows effortlessly into the kitchen, creating an inviting space perfect for both everyday living and entertaining. The open-concept layout seamlessly connects the living room, dining area, and kitchen, providing a spacious and versatile environment for gathering with family and friends. The kitchen is thoughtfully appointed with modern appliances, abundant cabinetry, a convenient breakfast bar, and elegant quartz countertops throughout, combining beauty with practicality. The private primary suite serves as a relaxing retreat, featuring a generous walk-in closet and a well-appointed en-suite bathroom designed for comfort and convenience. Two additional bedrooms provide flexible space ideal for family members, guests, or a home office. Exterior features include durable Hardie Board ColorPlus® siding for long-lasting curb appeal and low maintenance. A covered patio extends the living space outdoors, offering a perfect setting for relaxing or entertaining year-round. The home is also within walking distance to H.L. Majette Park, which offers a playground, scenic walking trails, and a popular disc golf course. This property combines quality finishes, functional design, and a desirable location, making it an excellent opportunity for comfortable Florida living. Images are a.i. enhanced.

5125 Salvation Street, Panama City

$1,635,200
3 Beds 3 Baths 787114 MLS
Home to be built. Open and comfortable, casual yet elegant, The Bella Vista, an AR Homes floor plan is designed to make everyone feel like a member of the family. The kitchen is at the heart of it all with island seating, a walk-in pantry, and sight lines to the great room, dining room, and glass-door-walled outdoor spaces. Owner's suit, Two bedrooms and a large bonus room line the length of the home, while the private owner's suite offers peaceful indulgence. The Bella Vista Features: Main living area with 10' tray ceilings opens to covered lanai via pocketing sliding glass doors, bedroom, one adjacent to full bath, both with walk-in closets Den in front of home can function as additional media room, office, and quiet space Bonus room in back corner of home offers easy access to cabana for indoor/outdoor entertaining This home can be customized to suit your needs and preferences. Lot preparation - clearing extra fill dirt or foundation (if needed) is not included in the base price, outdoor kitchen, pool and screen enclosure are optional. To purchase the lot only - see listing #786835 Build your dream home on this beautiful 1.49-acre waterfront lot with direct access to the water and the relaxed Florida lifestyle you've been waiting for. Located on the scenic shores of Callaway Bayou, this property offers protected, boatable water that connects to the Gulf Intracoastal Waterway, leading out to St. Andrews Bay, Shell Island, and the open waters of the Gulf of Mexico. Just imagine pulling your boat right up to your future home--simply bring your own dock and start enjoying life on the water. This rare waterfront parcel offers approximately 1.49 acres of space to design and build the custom coastal home you've always envisioned. With no HOA, you have the freedom to create your own private retreat while enjoying the peace and beauty of the bayou. Conveniently located just minutes from Tyndall Air Force Base, along with shopping, restaurants, and schools, this property offers the perfect blend of tranquility and accessibility. Opportunities like this don't come along often--secure your piece of waterfront paradise and start living the true Florida coastal lifestyle.

000 Plantation Drive, Panama City

$379,000
2 Beds 2 Baths 787048 MLS
Welcome to Unit 827 at Laketown Wharf Resort! A beautiful 2-bedroom/2-bath condominium with a terrific bunk area offering 1,262 square feet of living space in the heart of Panama City Beach. Perfectly positioned just steps from the world-famous white sandy beaches and emerald waters on the Gulf of America. This spacious residence is ideal as a vacation getaway, investment property, or full-time coastal retreat. The open-concept floor plan features a large living and dining area that flows onto a private balcony, creating the perfect space to relax and enjoy the coastal breeze. The well-appointed kitchen offers ample cabinetry, generous counter space, and a convenient breakfast bar--ideal for entertaining guests or enjoying family meals after a day at the beach. The primary suite provides a peaceful retreat with an en-suite bathroom and plenty of space to unwind, while the second bedroom and bunk area make it easy to accommodate additional guests, maximizing the property's strong short-term rental potential. Owners and guests at Laketown Wharf Resort enjoy an impressive collection of resort-style amenities including multiple pools, a freshwater lake and boardwalk, fitness center, putting green, restaurants, and nightly fountain and light shows. Located directly across from the beach and within walking distance to dining, entertainment, and shopping, this resort offers the ultimate Panama City Beach lifestyle. Contact your favorite Realtor today and come take a look!

9860 S Thomas Drive Unit 827, Panama City

$579,000
3 Beds 3 Baths 998393 MLS 2,263 SqFt.
Lake Life, Every Day! Forget the ''weekend getaway''--make every day a vacation in this masterfully redesigned waterfront estate on popular Deer Point Lake! Nestled at the end of a private cul-de-sac on nearly an acre of pristine rolling waterfront land, 4403 Bluewater Drive in Panama City, FL offers more than just a home, it's a complete lifestyle upgrade! Enjoy breathtaking lake views and the serenity of true waterfront living from this stunning retreat. Boater's Paradise: Launch from your newly rebuilt private dock and enjoy a scenic boat ride to the crystal-clear waters of Econfina Creek Springs Recreation Area. Spend your mornings fishing for trophy bass or take a short hop to McCall Everett Park for Gulf access and a run out to Shell Island. This is waterfront living at its finest. ''New Everything'' & Smart Integration This is a true ''down to the studs'' transformation. Remodeled to perfection, you can move in with a zero ''to-do'' list: " Peace of Mind: New Roof (2019), new septic system, new plumbing throughout, and two new HVAC Units for dual-zone climate perfection. " Chef's Smart Kitchen: Who knew we'd have ''techy'' kitchens... This stand out kitchen is fully equipped with smart technology, including a smart oven, trash compactor, Moen smart faucet and ''Scan to Cook'' microwave--all framed by a seamless open concept design, perfect for entertaining! " Modern Aesthetics: New flooring throughout, designer lighting and fixtures, and expansive windows that capture those incredible lake views. The Unicorn of Florida Real Estate: In today's market, insurance matters - and this home delivers! The property sits on a gentle slope in Flood Zone X, meaning flood insurance is NOT required. Combine that with the recent upgrades, it offers some of the most favorable insurance premiums in Bay County. Privacy Meets Convenience: Enjoy panoramic water views from almost every room, including the oversized Master Suite. The fenced, nearly one-acre lot offers peaceful seclusion and a true birder's paradise, while still being conveniently located near shopping and amenities - including the new Publix shopping center on Hwy 231. And an easy 17-mile commute to Tyndall AFB. Stop searching. Start Living! Homes of this caliber on Deer Point Lake rarely hit the market - especially ones that feel this new! Schedule your showing and experience #lakelife for yourself

4403 Bluewater Dr, Panama City

$214,499
3 Beds 2 Baths 787036 MLS
Perfectly located in the historic and highly sought-after St. Andrews area of Panama City, this home puts you just minutes from local restaurants, shops, parks, schools, and the waterfront--making everyday living both convenient and enjoyable. Originally built in 1955 and thoughtfully remodeled in 2016, this property blends timeless character with modern upgrades, all set on a durable concrete block foundation. Inside, you'll find a spacious living room that creates the perfect setting for relaxing or entertaining, along with updated bathrooms featuring tile finishes as well as brand new double-pane windows that improve both comfort and energy efficiency. Major systems have already been taken care of, including an HVAC system and all-metal roof replaced in 2019, as well as a brand new water heater installed at the end of 2025, giving you peace of mind for years to come. Enjoy the separate utility room space, as well as a backyard designed for both privacy and possibility. Concrete block walls provide a secluded feel, while the custom-built back porch offers the perfect spot to unwind and even the potential to be enclosed for additional living space. The property also includes a storage shed/doghouse, adding flexibility for pets, storage, or hobbies. This home is a great opportunity to own a move-in-ready property in one of Panama City's most charming and established neighborhoods, with the upgrades, space, and location that you are looking for.

1613 Hickory Avenue, Panama City

$419,000
3 Beds 2 Baths 787034 MLS
Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available

5616 Pinetree Avenue, Panama City

$245,000
1 Beds 2 Baths 787007 MLS
*The adjacent unit #107 is also available for purchase! This villa at St Thomas Square offers a serene and relaxing space for enjoying all that Panama City Beach has to offer. Whether that be as your own personal home or as a beach rental! This cozy unit is very well kept, fully furnished and ready to be enjoyed. Grand Lagoon, located just steps out the back door, is excellent for fishing, observing wildlife and boating. The St Thomas Square dock is a short walk down the paved pathway and is one of the few condominiums on PCB that has the availability for a dock tie up. Your boat or rental can be docked in one of the boat slips which is able to accommodate boats as large as 25 ft. It is a scenic and quick ride down the Lagoon to Shell Island, St Andrews State Park and the Gulf! If you prefer to walk or bike to the beach, you are only 0.4 miles to the nearest public beach access #24. Back at St Thomas Square, enjoy the resort style pool, fire pit, sauna or clubhouse amenities and don't forget about pickle ball and tennis! The shops and restaurants at St Thomas give the opportunity to shop and walk to dinner if you want to stay close to home. This beautiful, charming and inviting villa is the perfect beach home or beach rental! Come take a look at this lovely community today! All measurements are approximate, please verify if important. List of items that DO NOT convey: living room lamps, entryway mirror, bedroom furniture and tv, any personal effects.

8730 S Thomas Drive Unit 106, Panama City

$775,000
4 Beds 3 Baths 786995 MLS
SANDY CREEK AIRPARK NEIGHBORHOOD! Experience the rare appeal of airpark living at 13119 Airway St in Panama City, a 2024-built single-family home designed for luxury buyers who want modern craftsmanship, exceptional space, and everyday ease. This 3,000 sq ft. home is designed for effortless everyday comfort and polished entertainment. The hurricane doors and windows deliver the confidence of newer construction and the flexibility that today's high-end buyers demand. Inside, 4 bedrooms and 4 baths are thoughtfully arranged to elevate both privacy and connection, including two master bedrooms that make hosting, multi-generational living, or long-term guests feel effortless. LVP flooring runs throughout for a clean, contemporary look and low-maintenance comfort. The kitchen centers around a statement island and quartz countertops, creating a sleek, modern hub for gathering and preparation. The spa-like bathroom experience brings calm to your daily routine. Beyond the living areas, an oversized garage and climate-controlled storage add the kind of practical luxury that keeps everything organized, protected, and within reach. Inside, there's an office, creating a dedicated space for focused work, planning, or quiet study; and an additional bedroom with a full bath. Outside, the property is already positioned for elevated entertaining with space and plumbing for an outdoor kitchen. Set on almost an acre, the scale here is impressive, offering room to spread out and enjoy the sense of openness that makes airpark living so distinctive. There is room to build a 50x50 foot hangar. If you're looking for a newer, design-driven home in a private-gated community that balances showpiece finishes with real-world function, this is the one to see in person. Schedule your private tour and discover what this home offers.

13119 Airway Street, Panama City

$279,000
3 Beds 3 Baths 786955 MLS
INCREDIBLE VALUE UNDER $280K IN PANAMA CITY BEACH! Welcome to 8617 Marlin Place, a move-in ready 3-bedroom, 2.5-bath home tucked inside a quiet, gated 24-home community with a pool--all just minutes from the beach, St. Andrews State Park, Naval Support Activity Panama City, shopping, dining, and more. Built in 2015 and recently refreshed with new interior paint, this charming cottage-style home offers a smart, functional layout with the primary suite conveniently located on the first floor, complete with a walk-in closet and private bath. The open main living area features 9-foot ceilings and flows into a beautifully appointed kitchen with Carrera marble countertops, white shaker cabinetry with crown molding and glass accents, stainless steel appliances, and a center island. Upstairs, two additional bedrooms provide plenty of space for family, guests, or a home office, including one with access to a private balcony--the perfect spot to enjoy the coastal breeze. Residents enjoy a community pool, gated access, and HOA-maintained common areas, pool, and trash service. Each residence also includes its own private gated storage area. Now offered at just $279,900, this is a standout opportunity to own a newer home in Panama City Beach without the condo lifestyle or condo price tag. Ideal as a primary residence, second home, or long-term investment, 8617 Marlin Place delivers location, lifestyle, and exceptional value at a price that's increasingly hard to find in PCB.

8617 Marlin Place Unit 16, Panama City

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