Panama City Homes under $350,000

Panama City Homes under $350,000

Welcome to Panama City, Florida, a vibrant coastal gem nestled in Bay County! Known for its stunning beaches, warm sunshine, and friendly atmosphere, Panama City is the perfect blend of relaxation and recreation. With its picturesque shoreline along the Gulf of Mexico, residents and visitors alike enjoy a plethora of outdoor activities, from swimming and fishing to boating and beachcombing.

For those seeking a home in this idyllic locale, you’ll be pleased to know that Panama City offers a variety of charming properties under $350,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking a vacation retreat, the real estate market here has something for everyone. Imagine waking up to the sound of waves and the smell of salt in the air, all while living in a beautiful home that fits your budget.

The neighborhoods in Panama City are as diverse as its residents. From family-friendly communities with parks and schools to quiet retreats perfect for relaxation, you can find the ideal setting to suit your lifestyle. Enjoy the convenience of nearby amenities, including shopping, dining, and entertainment options, all while being just a stone's throw away from the breathtaking beaches.

With its rich history, thriving local culture, and a strong sense of community, Panama City is not just a place to live; it's a place to call home. Don’t miss your chance to discover affordable housing options in this enchanting city. Your dream home awaits in Panama City, Florida!

Newest Panama City Homes under $350,000

301 Lakeside Drive, Panama City
$299,000
3 Beds ⋅ 3 Baths ⋅ 796198 MLS
Welcome home to this beautifully maintained property tucked away on a quiet cul-de-sac! This inviting home offers a functional, family-friendly floor plan with spacious bedrooms, custom touches throughout, a cozy family room with fireplace, and an updated kitchen with breakfast nook. A separate formal dining area provides additional flexibility and could easily serve as a home office. Step outside to a spacious, fully privacy-fenced backyard backing up to a conservation area for added peace and privacy. The screened-in back porch is the perfect spot for morning coffee, entertaining, or fall football nights. An attached two-car garage provides plenty of additional storage. Conveniently located near Tyndall Air Force Base with easy access to shopping, dining, schools, and everyday necessities, this home offers a wonderful combination of comfort, privacy, and convenience in a peaceful neighborhood setting.

301 Lakeside Drive, Panama City

Listing courtesy of Think Real Estate.

6639 Kettles Street, Panama City
$284,900
3 Beds ⋅ 2 Baths ⋅ 796174 MLS
Welcome to Liberty! This beautifully maintained 3-bedroom, 2-bath, Jemison floor plan is situated on a desirable corner lot and offers 1,648 sq. ft. of comfortable modern living. The open concept floor plan features a spacious kitchen with island, stainless steel appliances, and a walk in pantry, flowing seamlessly into the living and dining area. The split-bedroom layout provides privacy, with primary suite featuring a walk-in-closet and ensuite bath. Enjoy the convenience of smart-home technology throughout, along with a fully fenced vinyl backyard, perfect for pets, entertaining or relaxing outdoors. Liberty offers resort-style community amenities, including a 7,500 square foot community center, swimming pools, splash pad, fitness center, playground, walking areas and sidewalks. If you're looking for a newer, low-maintenance home on a corner lot with modern features and fantastic community amenities, this one is ready to welcome you home!

6639 Kettles Street, Panama City

Listing courtesy of People 1st Real Estate, LLC.

2323 Discovery Loop, Panama City
$350,000
3 Beds ⋅ 2 Baths ⋅ 796167 MLS
Welcome to 2323 Discovery Loop -- a beautifully crafted Harris Doyle home featuring the highly sought-after Sabal floor plan in the heart of Panama City's premier master-planned community, SweetBay. Built in 2025, this 3-bedroom, 3.5-bathroom home offers 1,646 square feet of thoughtfully designed living space with the perfect balance of modern comfort, quality construction, and low-maintenance living. Inside, you'll find a bright, open-concept layout filled with natural light and stylish finishes. The spacious kitchen features stone countertops and stainless steel appliances and flows seamlessly into the dining and living areas -- perfect for everyday living or entertaining. One of the home's standout features is its incredibly versatile bedroom layout. The first-floor primary suite offers added convenience and privacy with a spacious walk-in closet and an impressive tile-to-ceiling shower. Upstairs, you'll find a second primary suite complete with its own private balcony, creating the perfect place to relax and enjoy the Florida lifestyle. The third bedroom also features its own en-suite bath, giving every bedroom access to a private bathroom. Outside, enjoy a covered porch and patio along with a low-maintenance homesite designed for those who would rather spend their time enjoying everything SweetBay has to offer. Living in SweetBay means more than just a home -- it's a lifestyle. The community offers resort-style pools, basketball and sports courts, playgrounds, parks, miles of walking and biking trails, grilling areas, fire pits, a private beach, community dock, fishing, kayaking and access to the bay. University Academy is conveniently located within the neighborhood, while the growing SweetBay Town Center puts Publix, Starbucks, dining, and everyday conveniences just minutes away. A future marina will add even more to this already incredible community. Don't miss your opportunity to own this nearly new Sabal floor plan featuring two primary suites, three en-suite bedrooms, a private balcony, and an exceptional location in one of Panama City's most desirable communities -- schedule your private tour today!

2323 Discovery Loop, Panama City

Listing courtesy of Think Real Estate.

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.

3112 Lanny Lane, Panama City
$255,000
3 Beds ⋅ 2 Baths ⋅ 796150 MLS
THE PRICE IS RIGHT -- COME ON DOWN! THIS HOME IS DEFINITELY PRICED RIGHT! If you've been waiting for a home that feels comfortable, welcoming, and truly ready for you to move right in, this is the one! Make your appointment today, because a home like this won't stay on the market for long. From the moment you walk through the door, you'll feel the warmth of a home that has been well cared for and loved. There's a wonderful neighborhood feel here -- without the HOA and those extra fees! The spacious family room is the heart of the home, complete with a wood-burning fireplace that sets the stage for cozy evenings, movie nights, and time together with the people you love. Open the sliding glass doors and step outside to your huge, fully fenced backyard, where the possibilities are endless. There's plenty of room for a large pool, garden, pets, playtime, or simply relaxing and enjoying your own private outdoor space. And imagine gathering around a fire pit with family and friends, relaxing in the hanging swings while the kids roast marshmallows and everyone enjoys a good old-fashioned S'mores night! These are the kinds of spaces where memories are made. Inside, beautiful plank tile flooring flows through the main living areas, creating an easy and comfortable space for everyday living, while carpeting in the bedrooms adds warmth and coziness. Both bathrooms have been tastefully remodeled, including the primary bath with a convenient walk-in shower. And then there's the location -- you really are in the middle of it all! Whether you're commuting to work, heading to the beach for the day, or enjoying everything Panama City has to offer, this central location makes life easier. You're just around the corner from SweetBay, University Academy, parks, shopping, dining, medical facilities, and the newly expanded Highway 390 corridor. This isn't just a house -- it's a place where you can settle in, relax, entertain, and make memories for years to come. It's move-in ready, beautifully maintained, conveniently located, and ready for someone new to make it their own. If you've been looking for a home that gives you space, comfort, convenience, and a backyard full of possibilities -- THIS ONE IS FOR YOU!

3112 Lanny Lane, Panama City

Listing courtesy of Counts Real Estate Group Inc.

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.

1026 Mulberry Avenue, Panama City
$269,900
3 Beds ⋅ 2 Baths ⋅ 796083 MLS
New beautiful 3 bdrm 2 bath home with LVP and cathedral ceilings in the open living area. Nice kitchen with granite breakfast bar. Lovely starter home with 3 bathrooms close to downtown shopping and for all your shopping needs and only half a mile to 15th Street corridor. Large living dining area provides space for the family to gather. Flood Zone X.

1026 Mulberry Avenue, Panama City

Listing courtesy of Hope Realty of Bay County LLC.

210 Reddy Creek Drive, Panama City
$264,900
3 Beds ⋅ 2 Baths ⋅ 796047 MLS
The Celeste floor plan is a 3-bedroom, 2 bathroom, 1,427 square feet open concept home. As you enter, you will notice the living room as the focal point of the home as it opens to the kitchen, hallway, and primary bedroom. The main areas are made with beautiful EVP flooring and carpet in the bedrooms. The kitchen has quartz countertops and shiny stainless-steel appliances including a stove, microwave, and dishwasher. The bathroom also has quartz countertops and EVP flooring, and the primary bathroom features a double vanity while the guest bathroom features a single vanity. Like all homes in Park Place, the Celeste includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. On the outside you will see durable vinyl siding and the spacious 2 car garage. Each home has dimensional shingles with a 30-year warranty. Each yard is fully sodded and has plenty of room to enjoy activities with your family or friends. Our Park Place community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Park Place can enjoy exclusive access an amenity center complete with a pool and playground for all to enjoy. Whatever home you're looking for, you will find one at Park Place. Stop by the model home or schedule a tour online today!

210 Reddy Creek Drive, Panama City

Listing courtesy of DR Horton Realty of Emerald Coast, LLC.

5721 Howard Road, Panama City
$265,000
3 Beds ⋅ 2 Baths ⋅ 796034 MLS
Welcome home to this beautifully updated brick home in a quiet, well-established neighborhood with NO HOA! Conveniently located near Tyndall Air Force Base, boat ramps, restaurants, schools, parks, and shopping, this home offers both comfort and convenience. Inside, the home has been thoughtfully updated with LVP flooring throughout, updated bathroom vanities and fixtures, and a spacious open living and dining area featuring a wood-burning fireplace. The home also offers a large two-car garage. Major updates include: 2021 roof and high-efficiency 2021 HVAC system with updated ductwork. As well as a new water heater in 2026. The fully paid-off solar panels are a fantastic bonus and help keep electric costs around $50/month, depending on usage. Outside, enjoy a large fenced-in backyard with plenty of room for kids, pets, entertaining, or simply relaxing. With thoughtful updates, energy-efficient features, a spacious backyard, and no HOA, this home is ready for its next owner!

5721 Howard Road, Panama City

Listing courtesy of Foundation Real Estate Agency LLC.

9850 S Thomas Drive Unit 1006E, Panama City
$269,000
1 Beds ⋅ 1 Baths ⋅ 796033 MLS
''A'' units are the largest in the building. . Sunbird is a gated beachfront community that has recently received a refresh with new exterior paint, updates, and new beautiful landscaping, new exterior windows and doors and rails on balconies. Spend your day enjoying three swimming pools, including a pool heated during the cooler months. There is a wrap around composite sun decks and grills around the pool sunbathing areas. The upgraded fitness center, pickleball courts, and tennis court provide plenty of ways to stay active. Given the rarity of ''A'' units, this opportunity won't last long. Act quickly to secure this exceptional property! Imagine waking up to the laid-back beach lifestyle at Sunbird! This spacious condo offers a roomy living area plus a separate dining space that could potentially be transformed into an additional bedroom, giving you flexibility for family, guests, or rental use. The bedroom comfortably accommodates a king-size bed and features a walk-in closet. Some owners have added French doors to the bedroom, creating an even more open feel and enhancing the Gulf views. This floor plan also features the largest bathroom in the building. Best of all, you're just a short stroll from restaurants, shopping, and the fun of Panama City Beach. And with a new A/C system, this condo is ready to enjoy as your beach getaway, second home, or investment property.

9850 S Thomas Drive Unit 1006E, Panama City

Listing courtesy of Keller Williams Success Realty.

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