Panama City Homes under $250,000

Panama City Homes under $250,000

Welcome to Panama City, Florida, a hidden gem nestled along the stunning Gulf Coast! Known for its breathtaking beaches, vibrant culture, and friendly community, Panama City offers a unique blend of coastal living and small-town charm. With its rich history and diverse recreational opportunities, it’s no wonder that this city is attracting homebuyers looking for a slice of paradise.

In Bay County, Panama City boasts a variety of neighborhoods that cater to families, retirees, and everyone in between. One of the most appealing aspects of this area is the availability of homes under $250,000. Whether you’re a first-time buyer or seeking an investment property, you’ll find a range of options that fit your budget without sacrificing quality or comfort.

Imagine waking up to the sound of waves crashing on the shore, with easy access to some of the most beautiful beaches in the country. From charming single-family homes to cozy townhouses, Panama City’s real estate market has something for everyone. Many properties feature modern amenities, spacious yards, and proximity to local parks, schools, and shopping centers.

Beyond the homes, Panama City is brimming with activities for all ages. Enjoy a day at St. Andrews State Park, explore the local art scene, or indulge in fresh seafood at one of the many waterfront restaurants. With a warm climate year-round and a welcoming atmosphere, Panama City is not just a place to live; it’s a lifestyle waiting to be embraced. Come discover your dream home in this coastal paradise!

Newest Panama City Homes under $250,000

3701 E 5th Street, Panama City
$140,000
3 Beds ⋅ 2 Baths ⋅ 796157 MLS
Welcome home to this 3-bedroom, 2-bath home that's truly move-in ready. You will walk into a spacious, open layout designed for comfortable living. Fresh, neutral colors throughout create a clean, inviting feel and make it easy to add your personal touch. With thoughtful updates already completed, this home is ready for its new owner to move right in and enjoy. Comfortable, and well-maintained, don't miss this opportunity!

3701 E 5th Street, Panama City

Listing courtesy of Real Broker LLC.

7403 Sweetbriar Road, Panama City
$249,000
4 Beds ⋅ 2 Baths ⋅ 796137 MLS
Welcome to affordable Florida living with the space, updates and outdoor lifestyle you've been searching for. This beautifully updated four-bedroom, two-bath home sits on a full acre and offers a bright, open layout with modern finishes throughout. Inside, you'll find updated flooring, spacious living areas and a beautifully refreshed kitchen featuring ample cabinetry, generous counter space and a large island that makes the perfect gathering spot for everyday living or entertaining. The functional floor plan offers plenty of flexibility for everyday living, guests, a home office or additional living space, while the bedrooms provide comfortable accommodations and a clean, updated feel throughout. Step outside and take full advantage of the Florida lifestyle with your own private pool, perfect for cooling off on hot summer days, hosting friends and family or simply relaxing in your own backyard retreat. The expansive deck offers plenty of space for grilling, outdoor dining and lounging, while the full-acre homesite provides room to spread out and enjoy a little extra privacy. With four bedrooms, two full baths, modern updates, a private pool, spacious deck and one acre of land, this home delivers a hard-to-find combination of space, comfort and Florida charm at an approachable price point. Some photos may be AI-enhanced.

7403 Sweetbriar Road, Panama City

Listing courtesy of Coastal Living Realty & Associates.

315 Gabrielle Lane, Panama City
$239,000
3 Beds ⋅ 2 Baths ⋅ 796105 MLS
Fantastic opportunity to own this Charming Cottage-Style 3 bedroom, 2 bath home in desirable Callaway Corners. Enjoy relaxing on the spacious front porch overlooking a neighborhood of well-kept homes. The updated kitchen features stainless steel appliances, granite countertops, attractive cabinetry, and a cozy dining nook. An open layout with cathedral ceilings, vinyl plank flooring, and recessed lighting creates a bright, welcoming atmosphere. Neutral paint colors and abundant natural light add to the home's appeal. Conveniently located near Tyndall AFB, shopping, dining, and a short drive to Bay County's beautiful beaches. This one is truly a must-see -- call today to schedule your private viewing!

315 Gabrielle Lane, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

1219 Thomas Drive Unit 95, Panama City
$149,000
2 Beds ⋅ 2 Baths ⋅ 796096 MLS
Discover an incredible equity-building opportunity with this spacious 1,100 square-foot home located in the desirable Emerald Pointe Resort, situated directly on the beach across from the Navy Base. Offering significantly more square footage than smaller units priced much higher, this property is a true handyman special priced well below neighborhood comps that start at $225,000. Following a minor dryer incident that resulted in smoke damage, the seller has already completed the heavy lifting; a licensed electrician has verified that the dryer wiring and electrical connections are entirely sound, and the plumbing remains completely undamaged. The home is now ready for your final cosmetic touches and personal style to bring it to its full potential. Best of all, you own the land with zero lot rental fees, complemented by a reasonable HOA fee of $2,600 per year and a prime location just steps from the community pool and front gate.

1219 Thomas Drive Unit 95, Panama City

Listing courtesy of The Premier Property Group.

5644 Martin Court, Panama City
$205,000
2 Beds ⋅ 2 Baths ⋅ 796031 MLS
POND WATERFRONT HOME WITH DOCK! Cute as a button and well cared for. Sits on over a half acre privacy fenced in. Once you close and lock the gate you have privacy and seclusion. Plenty of space for kids and pets to run and play. Store your boat/RV extra vehicles. Shed/Mother-In-Law suite out back. Pole barn for covered lawn equipment. Water heater shed that is extra storage. Nice screened in Florida room out back. Nice modern kitchen user friendly and open concept to the living room. This home is equipped with 3 quiet mini-splits. 2B 11/2 bath split floor plan. The pond is stocked with fish and the neighbor takes care of stocking it. Only one block from Tyndall Parkway and walking distance to Super Walmart. Mexico and Panama City Beaches are only 20 minutes away East or West. Home was updated in 2014 with new kitchen cabinets, stainless steel appliances and granite counters. Come take a look today! Buyer and Buyers agent to verify all dimensions and anything deemed important.

5644 Martin Court, Panama City

Listing courtesy of Anchor Realty Florida.

12031 Raintree Drive Unit B, Panama City
$179,000
3 Beds ⋅ 2 Baths ⋅ 796006 MLS
Welcome to 12031 Raintree Dr Unit B -- a beautifully refreshed townhome offering comfort, convenience, and thoughtful upgrades throughout. This unit features new LVP flooring, adding durability and modern style to the home. The kitchen features a brand-new tile backsplash, giving the space a crisp, updated look that pairs perfectly with the home's functional layout. At the front entry, the concrete pad has been professionally coated with epoxy, creating a clean, polished appearance and long-lasting protection. The HVAC system has been recently serviced and is in like-new condition. This townhome is ideal for a first-time buyer, downsizer, or investor seeking a move-in-ready property. This home would be a great choice for anyone working at the shipbuilding facility in Allenton. Easy to care for and a great outside area in the back for relaxing and entertaining.

12031 Raintree Drive Unit B, Panama City

Listing courtesy of CitiStar Realty.

2151 W 29th Court Unit A, Panama City
$169,900
3 Beds ⋅ 2 Baths ⋅ 795994 MLS
Welcome to 2151 W 29th Court, a well-maintained 2022 double-wide mobile home offering comfortable living, thoughtful updates, and a convenient Panama City location. Situated on a 0.11-acre lot, this spacious 3-bedroom, 2-full-bath home features an inviting open-concept floor plan with a seamless connection between the living room and kitchen. The kitchen is equipped with a refrigerator, electric cooktop, oven and stove, along with a deep walk-in pantry providing plenty of storage. The spacious laundry room offers additional room for a second refrigerator, adding valuable convenience and flexibility for everyday living or entertaining. The split-bedroom layout provides privacy, with the primary bedroom located separately from the additional two bedrooms. The primary suite includes a private bathroom and a spacious walk-in closet. The home has been thoughtfully updated with brand-new, house-quality bathroom vanities, brand-new kitchen cabinets, brand new kitchen counter tops, and a fresh coat of paint throughout the home. Flooring has also been updated throughout with quality carpet and durable linoleum. Outside, the fully fenced backyard provides a private space for relaxing, pets, outdoor activities, or entertaining. With its functional floor plan, numerous updates, and convenient location, this home offers an excellent opportunity for comfortable living in the Panama City area. Enjoy easy access to the shopping, restaurants, and everyday amenities of Panama City, while Pier Park and the white sandy beaches of Panama City Beach are approximately a 20-minute drive away. Whether you're looking for a primary residence, vacation property, or investment opportunity, 2151 W 29th Court offers a combination of comfort, convenience, and value.

2151 W 29th Court Unit A, Panama City

Listing courtesy of Counts Real Estate Group Inc.

901 E 2nd Place, Panama City
$214,900
3 Beds ⋅ 2 Baths ⋅ 795987 MLS
901 E 2nd Pl offers a spacious 3-bedroom, 1-bath home with approximately 1,557 square feet and plenty of potential to make it your own. The home features a functional layout with generously sized living spaces, updated flooring throughout much of the interior, and an abundance of natural light from multiple windows. Major systems have already seen important updates, with the roof and HVAC both approximately 7 years old, helping take some of the bigger-ticket items off the list. The property also offers a large bonus/flex space that could serve as a second living area, home office, game room, hobby space, or additional storage depending on your needs. Outside, the home sits on a spacious lot with a large backyard surrounded by mature trees and vegetation, providing plenty of room for outdoor entertaining, pets, gardening, or future improvements. An attached utility/workshop area adds even more usable space. With its solid square footage, flexible floor plan, updated major systems, and convenient Panama City location, this home presents an excellent opportunity for an owner-occupant looking to personalize a home or a buyer searching for a property with value-add potential. |3 Bedrooms | 1 Bathroom | Approx. 1,557 SF | Roof Approx. 7 Years Old | HVAC Approx. 7 Years Old | Spacious Lot | Bonus/Flex Space Schedule your showing and see the possibilities this Panama City home has to offer. Property is being sold as-is no repairs to be made. Buyer and buyer's agent to verify all measurements, system ages, condition, and information deemed important.

901 E 2nd Place, Panama City

Listing courtesy of Joseph Walter Realty LLC.

6636 Kettles Street, Panama City
$249,900
3 Beds ⋅ 2 Baths ⋅ 795972 MLS
Welcome to Liberty, where modern living meets an incredible community lifestyle! This beautifully maintained Celeste floor plan offers 3 bedrooms, 2 bathrooms, and 1,439 square feet of comfortable, open concept living space. Inside, you'll find durable EVP flooring throughout, a spacious kitchen featuring granite countertops and a full suite of stainless-steel appliances, and an open layout designed for easy everyday living and entertaining. The thoughtful split-bedroom floor plan provides both functionality and privacy. But the home is only part of what makes this property special! Liberty offers some of the most impressive community amenities in the area, including two swimming pools, a splash pad, BBQ areas, playgrounds, outdoor gathering spaces, a game room, fitness center, kids' playroom, and a pickleball court. There's truly something for everyone to enjoy without ever leaving the neighborhood. Conveniently located near grocery stores, shopping, dining, and Tyndall Air Force Base, this home offers the perfect combination of comfort, convenience, and community. Come experience everything the Liberty community has to offer and make this beautiful home your own!

6636 Kettles Street, Panama City

Listing courtesy of Keller Williams Realty Emerald Coast.

1219 Navy Boulevard Unit 47, Panama City
$215,000
1 Beds ⋅ 1 Baths ⋅ 795934 MLS
Rare Emerald Pointe find - corner lot, pond views and 3 covered parking spaces! This well-maintained 1-bedroom, 1-bath home offers a fantastic combination of privacy, outdoor living, and resort-style amenities. Ideally positioned on a desirable corner lot, the property backs up to a wooded area for added privacy and sits directly on Turtle Pond, creating a peaceful setting to enjoy year-round. Outdoor living is easy with a screened porch plus a covered back patio overlooking the private setting. Behind the home is an additional storage unit providing excellent space for storage, hobbies, a workshop, or beach gear. Inside, the move-in-ready home features NEW LVP FLOORING and a comfortable, low-maintenance layout. Located in the beautifully maintained, gated community of Emerald Pointe Resort, owners enjoy outstanding amenities including TWO POOLS--one heated--a hot tub, clubhouse with full kitchen, fitness center, playground, shuffleboard, horseshoe pits, and a lakeside pavilion overlooking the catch-and-release fishing lake. Conveniently located near Naval Support Activity Panama City, golf courses, marinas, shopping, dining, and the white-sand beaches of Panama City Beach. HOA fees include water, sewer, lawn care, sprinkler system, cable TV, trash pickup, and access to the community amenities. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this unique Emerald Pointe property offers privacy, convenience, and a lifestyle that's hard to beat. DON'T MISS THIS ONE!

1219 Navy Boulevard Unit 47, Panama City

Listing courtesy of Counts Real Estate Group Inc.

1325 W 12th Street Unit B7, Panama City
$149,900
2 Beds ⋅ 3 Baths ⋅ 795897 MLS
Welcome to The Landings at Lake Caroline! A charming and small condo community located in the St. Andrews area of Panama City. This 2-bedroom, 2.5-bath townhome offers a comfortable two-story floor plan with a spacious patio overlooking the community pool. The main level features a generous living area, kitchen, and convenient half bath. The kitchen is equipped with a range, refrigerator, dishwasher, and microwave and features a breakfast bar for casual dining. Upstairs, you'll find two bedrooms and two full bathrooms. The primary bedroom features a vanity/dressing area, walk-in closet, and its own private balcony overlooking the community pool, providing a relaxing outdoor space. The interior has been freshly painted and is ready for its next owner. This could make for a great starter home or investment opportunity. Conveniently located near Downtown Panama City, Gulf Coast State College, shopping, schools, and just a few blocks from the bay and scenic Beach Drive. Call today to schedule your private tour!

1325 W 12th Street Unit B7, Panama City

Listing courtesy of St Andrew Shores Realty Serv.

731 Buddy Drive, Panama City
$239,900
3 Beds ⋅ 2 Baths ⋅ 795864 MLS
Welcome to this 3-bedroom, 2-bath brick home situated on a spacious 100x150 lot surrounded by mature trees. Inside, the home offers room to spread out with both a living room and a separate family room featuring a fireplace. Just off the family room is an interior laundry area with additional storage space, providing added potential for renovation and customization. The large kitchen has ample counter and cabinet space, white appliances, and plenty of room for everyday meals and gatherings. Offering lots of potential, this home is ready for a new owner to bring their vision to life with updates and personal touches along the way. Outside, the huge backyard provides plenty of room for relaxing, entertaining, pets, play, or creating an outdoor retreat to enjoy year-round. The convenient location puts you near Tyndall Air Force Base, a public boat ramp, parks, schools, restaurants, shopping, and other everyday conveniences. With its spacious lot, mature trees, multiple living areas, and room to make it your own, this home is ready for its next chapter. Call today to schedule your private preview!

731 Buddy Drive, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

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