Panama City Real Estate

Panama City Real Estate

Panama City: A Tropical Paradise in Florida

Welcome to Panama City, a vibrant city located in the beautiful state of Florida. Known for its stunning beaches, warm weather, and rich cultural heritage, Panama City is a popular destination for both tourists and residents alike.

Situated in the northeastern part of Florida, Panama City offers a unique blend of natural beauty and urban amenities. With its prime location on the Gulf of Mexico, the city boasts miles of pristine white sand beaches and crystal-clear turquoise waters. Whether you're looking to relax on the beach, go fishing, or indulge in water sports, Panama City has it all.

In addition to its natural attractions, Panama City is also home to a thriving arts and culture scene. The city hosts numerous art galleries, theaters, and music festivals throughout the year, showcasing the talent and creativity of local artists. History buffs will appreciate the city's historic downtown area, which is filled with charming shops, restaurants, and landmarks.

Panama City is also a haven for outdoor enthusiasts. With its proximity to state parks and nature reserves, residents can enjoy activities such as hiking, biking, and birdwatching. St. Andrews State Park and Shell Island are popular destinations for those seeking a closer connection with nature.

When it comes to real estate, Panama City offers a wide range of options to suit every lifestyle and budget. From beachfront condos with breathtaking views to spacious family homes in quiet neighborhoods, there is something for everyone.

With its picturesque landscapes, vibrant culture, and endless recreational opportunities, Panama City is a city that truly has it all. Whether you're looking to relocate or invest in real estate, Panama City is a place where you can live, work, and play in paradise.

Newest Listings in Panama City

0.61-ACRE LOT IN SOUTHPORT! Discover the opportunity to own a spacious vacant parcel in the Hickory Bluff community. This approximately 0.61-acre property is zoned R-2, offering an opportunity to build your future home or explore other permitted residential uses. Enjoy a peaceful setting surrounded by nature while still being within convenient reach of Panama City, shopping, dining, schools, and area attractions. Buyers should independently verify all permitted uses, building requirements, setbacks, utilities, and development restrictions with Bay County. Bring your plans and take advantage of this land opportunity in Southport!

421 Hickory Bluff Circle, Panama City

Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential.The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units.The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

218 N Kimbrel Avenue, Panama City

2 Beds ⋅ 1 Baths ⋅ TB8538552 MLS

Don’t miss this opportunity in Panama City! Situated on an oversized corner lot of approximately 0.58 acres, 7101 Cherry St offers a unique combination of land, potential, and location that is hard to find. The property features 2 bedrooms, 1 bathroom, a covered carport, and plenty of room to make the property your own. The home is ready for your vision, with an opportunity to add updates, new flooring, and a little TLC to truly bring it to life. The expansive lot provides plenty of possibilities for outdoor space, future improvements, and potential subdivision. Located in a convenient Panama City location, you’ll be just a short drive from the beautiful Gulf Coast beaches and Downtown Panama City, putting you close to restaurants, shopping, entertainment, and everything the area has to offer. Whether you’re looking for a home to customize, an investment opportunity, or a property with additional land potential, 7101 Cherry St is a property you won’t want to miss. With its oversized lot, corner location, and proximity to the beach and downtown, the possibilities are endless.

7101 Cherry Street, Panama City

3 Beds ⋅ 2 Baths ⋅ 1084923 MLS

Foreclosure Auction Ends August 24, 2026 at 12:00 PM EST. Discover this spacious 3-bedroom, 1.5-bathroom single-family home, offering a unique opportunity in a desirable Panama City neighborhood. The list price is the opening bid for the online auction. Sold As-is.

3101 W 22nd Street, Panama City

3 Beds ⋅ 2 Baths ⋅ B26060287 MLS

Welcome to this beautifully maintained 3-bedroom, 2-bath home in the desirable Magnolia Point at The Preserve! Offering comfortable single-level living, this home combines thoughtful updates with an exceptional outdoor retreat. Inside, you'll find a spacious living room centered around a cozy gas fireplace, a formal dining area, and a generous kitchen featuring a breakfast bar and adjoining breakfast nook, perfect for everyday living or entertaining. The oversized primary suite offers waterproof composite flooring, a large walk-in closet, an en-suite bath with a whirlpool tub and separate shower, plus private access to the backyard. Step outside to your own private oasis featuring a stunning saltwater pool installed in 2021, a large covered patio, and a fully fenced backyard designed for r

4601 MAGNOLIA BEACH Road, Panama City

This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in East Bay Plantation, the property features 0.7 acres with wooded terrain and access to the bayou. Well and septic required. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities. Whether you’re looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs. Listing is for land only and comes As Is.

2706 Sting Ray Road, Panama City

Please note, the seller has lowered the price several times and is now firm at the listing price. Build your dream home on this 1.33-acre cul-de-sac lot in the sought-after Laird Bayou community, a gated waterfront neighborhood offering the perfect blend of privacy, recreation, and coastal living. Residents enjoy exclusive amenities including a private boat launch, boat and RV storage, a community pool with restrooms, and underground utilities, making it easy to embrace the waterfront lifestyle. Spend your days exploring the beautiful waters of East Bay, boating to Shell Island, or enjoying the nearby beaches and outdoor recreation. Conveniently located just minutes from Tyndall Air Force Base, Mexico Beach, and Panama City, this spacious homesite offers an exceptional opportunity to build your custom coastal retreat in one of Bay County's most desirable communities. Listing is for land only and comes As Is.

702 Island Court, Panama City

Discover an exceptional opportunity to own a 0.29-acre canal-front lot in the prestigious gated community of Bay Point in Panama City Beach. With public utilities available and direct access to the canal, this property offers an ideal setting for coastal living and boating enthusiasts. Bay Point is one of Panama City Beach’s premier communities, featuring 24-hour security, a Jack Nicklaus championship golf course, full-service marina, on-site dining, and beautifully maintained grounds. Conveniently located just minutes from St. Andrews State Park, Shell Island, shopping, restaurants, and the sugar-white beaches of the Gulf Coast.

475 Wahoo Road, Panama City

Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot for 1.45 Acres Total, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Force Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.

5527 Lakewood Circle, Panama City

I’m Excited About This Property! …….. Now Let Me Tell You Why! ... OWNER FINANCING! ... Gated Community! .... Build the Waterfront Home Of Your Dreams! Here Are The Details: ... Land: 22,476/sf .... Linear Water Front: 155’ .... This property has it all! .... Buyer must preview "Virtual Walk-Through" before showing. I’m Excited About This Property! …….. Now Let Me Tell You Why! ... OWNER FINANCING! ... Gated Community! .... Build the Waterfront Home Of Your Dreams! Here Are The Details: ... Land: 22,476/sf .... Linear Water Front: 155’ .... This property has it all! .... Buyer must preview "Virtual Walk-Through" before showing.

107 Lake Merial Boulevard, Panama City

Prime development opportunity in Panama City. This parcel allows for residential development with current zoning supporting up to 10 units per acre, with a maximum potential of approximately 51 units (subject to buyer’s verification).Additionally, the property may qualify for increased density under Florida’s Live Local Act, which can allow for significantly higher density when developing qualifying affordable or workforce housing projects, subject to local approvals and compliance requirements.The site may also be eligible for incentives under the Low-Income Housing Tax Credit (LIHTC) program, offering potential tax advantages for developers.Strategically located near key roads, employment centers, and growing residential demand, this property presents a compelling opportunity for builders and investors.Buyer to verify zoning, density, utilities, and eligibility for all incentives.

W 12th Street, Panama City

This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in Laird Bayou Subdivision, the property features 0.78 acres of wooded terrain. Well and septic are required. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities. Whether you’re looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs. Listing is for land only and comes As Is.

736 Vista Del Sol Lane, Panama City

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