Panama City Real Estate

Panama City Real Estate

Welcome to Panama City, Florida, a vibrant coastal gem nestled in the heart of Franklin County. Known for its stunning beaches, warm weather, and friendly atmosphere, Panama City is a paradise for both residents and visitors alike. With its rich history and diverse culture, this charming city offers a unique blend of southern hospitality and modern conveniences.

As you explore Panama City, you’ll discover an array of outdoor activities that cater to every lifestyle. The breathtaking shores of the Gulf of Mexico provide the perfect backdrop for sunbathing, swimming, and water sports. Whether you’re kayaking through the serene waters of St. Andrews State Park or enjoying a leisurely stroll along the picturesque beaches, the natural beauty of this area is truly captivating.

The city is also home to a thriving arts scene, with local galleries, theaters, and live music venues showcasing the talents of both established and up-and-coming artists. For those who appreciate fine dining and shopping, Panama City boasts a variety of restaurants and boutiques that reflect the region's culinary delights and unique charm.

Families will find an abundance of educational opportunities, with top-rated schools and community programs designed to foster growth and development. The welcoming community spirit is palpable, making it easy to forge lasting friendships and connections.

Whether you’re looking to relocate, invest, or simply enjoy a vacation, Panama City, Florida, is a destination that promises a fulfilling and enriching experience. Come and discover the magic of this coastal haven—your dream home awaits!

Newest Listings in Panama City

$265,000
4 Beds ⋅ 2 Baths ⋅ 328898 MLS
Don't let the 1965 charm fool you -- this 4-bedroom, 2-bath Panama City home has been thoughtfully updated throughout. Sitting in Flood Zone X (no flood insurance required!), this 1,550 sq ft home checks all the boxes for buyers looking for peace of mind and low-maintenance living. Out back you'll find a detached garage with its own separate power, a new roof (2019), and a new door (2018), plus a boat shed/carport (2020) with power -- perfect for storing your boat, RV, or extra vehicles. The aluminum porch posts and railing (2020) add a clean, finished look to the outdoor living space. No HOA means no extra fees and no restrictions. With no flood insurance requirement, updated mechanicals, and plenty of storage and covered parking, this property offers exceptional value in a convenient Panama City location -- just minutes from Tyndall Air Force Base, shopping, and dining.

139 Anita Dr, Panama City
$339,500
3 Beds ⋅ 2 Baths ⋅ 328206 MLS
This beautifully built 2024 home offers 3 bedrooms, 2 bathrooms, and a bright, open layout that's designed for comfortable everyday living. From the moment you walk in, you'll notice the clean, modern feel with quartz countertops, durable finishes, and a spacious living area that flows easily into the kitchen and dining space—perfect for both relaxing and entertaining. The bedrooms are generously sized, and the primary suite offers a private retreat with a walk-in closet and plenty of room to unwind at the end of the day. This home also includes several thoughtful upgrades, including gutters, a hybrid water heater, window coverings, Kevlar hurricane window blankets, and an oversized corner lot, giving you added comfort, efficiency, and peace of mind. Outside, the inground sprinkler system helps keep your yard looking great year-round, and with a nearly new roof and construction, you can enjoy low-maintenance living for years to come. Located in the Sunrise at EastBay community, this peaceful bayside neighborhood is known for its laid-back “Old Florida” charm. Tucked along the Intracoastal Waterway, it's an ideal spot for anyone who loves being on or near the water. Spend your days boating, fishing, or exploring—Shell Island and the Gulf of Mexico are just a short 15-minute boat ride away. You're also just 20 minutes from Tyndall AFB and about 30 minutes from Northwest Florida Beaches International Airport, making commuting and travel easy. Whether you're looking for a full-time residence, a second home near the water, or an investment opportunity in a growing area, this home offers a great combination of location, quality, and lifestyle. Come see what makes EastBay such a special place to call home!

11711 Poston Rd, Panama City
$439,000
5 Beds ⋅ 5 Baths ⋅ 328146 MLS
Unique opportunity to own a versatile property in the heart of Springfield offering residential living, income potential, and future possibilities. Currently utilized as a single-family residence and classified as such by the Bay County Property Appraiser, this expansive property offers nearly 8,000 square feet under roof, including two separate living quarters, flexible-use space, and a large indoor workshop. Ideal for multi-generational living, rental income, or a live/work setup, the property's existing layout and previous use may offer potential for additional living units and income-producing opportunities (buyer to verify). The solar panel system conveys with the sale and helps keep utility costs remarkably low, with the owner reporting average electric bills of approximately $40 per month to heat and cool the entire property. According to the City of Springfield, the property is designated General Commercial on the City's Future Land Use Map. The City utilizes Future Land Use rather than traditional zoning. While currently classified and taxed as a single-family residence based on its present use, the General Commercial designation may allow for a variety of future commercial and multi-family uses, subject to City approval, permitting, inspections, and compliance with applicable building codes. Additional peace of mind comes from the roof replacement completed in 2019, upgraded to current code standards and featuring High Temp Fire & Ice underlayment. Conveniently located near shopping, restaurants, schools, medical facilities, Tyndall Air Force Base, and major transportation routes, this property offers a rare combination of size, flexibility, energy efficiency, and future potential. Whether you're seeking a multi-generational estate, income-producing property, or unique live/work opportunity, 3911 E. 11th Street presents possibilities that are difficult to find elsewhere.

3911 E 11th St, Panama City
$419,900
3 Beds ⋅ 2 Baths ⋅ 325145 MLS
CURRENTLY UNDER CONTRACT, TAKING BACKUP OFFERS. - - - -This home truly has it all. A beautifully maintained brick split-design home offering 3 bedrooms, 2 bathrooms, and over 1,800 square feet of living space. It's equipped with a whole-home 50-amp generator, providing peace of mind in any weather. The home also features new hurricane impact windows, adding protection and valuable insurance savings. Step into the foyer with tray designs and raised ceilings throughout, creating an open and spacious feel. The layout flows easily into the living room and kitchen, making it ideal for everyday living and entertaining. The kitchen includes recently upgraded appliances, granite counter tops, and opens directly into the dining area, where you'll enjoy views of the outdoor pool. The primary suite is generously sized and features tray ceilings, an over-sized walk-in closet, and a well-appointed bathroom with separate tiled walk-in shower and relaxing garden tub. Outside, you'll find a private, fully fenced backyard with a brand-new underground pool added in October 2025. The recently screened-in back porch offers the perfect spot to relax while watching family and friends enjoy the pool. This immaculate home feels like a personal retreat, combining comfort, style, and thoughtful upgrades designed to protect what matters most. This is one you truly don't want to miss. Schedule your private showing today.

5005 Maggie Ln, Panama City
$500,000
325112 MLS
Build your dream home on a spacious waterfront lot with access to the Gulf of Mexico. The water is an estuary, providing you with a wide variety of seafood just steps from your backyard. Located in the peaceful community of East Bay, you can enjoy Florida's natural surroundings without sacrificing convenience. Shopping, dining, schools, and other services are all just a short 10-minute drive away. Additionally, a small marina and restaurant are nearby if you prefer to stay close to home. Don't wait to start planning your forever home—purchase your waterfront lot today and make your real estate dreams a reality.

000 Hwy 2297, Panama City
$199,000
325110 MLS
If you're considering your next business venture, check out HWY 231, which experiences an average daily traffic of around 27,000 vehicles, according to the 2023 AADT. See the property photos for quick reference to the AADT. This high visibility can lead to a thriving business. You'll have over 1.3 acres of prime commercial real estate that will help you take your business to the next level, with all the extra advertisement from this busy highway. This property is already located next to a high-traffic general store, attracting even more public attention. Feel free to reach out to your favorite Realtor today to learn more

00 Hwy 231, Panama City
$489,000
3 Beds ⋅ 3 Baths ⋅ 325107 MLS
Welcome to Paradice, where you can enjoy beautiful sunsets over Pitts Bayou. This home offers easy access to deep water for boats with a 6-foot draft and includes a 16-foot wide boat slip. A full-service marina is just a quarter mile away. As you enter, you'll find 10-foot ceilings with recessed lighting throughout. The kitchen has dark wood cabinets and granite countertops, with a breakfast bar large enough for four. Just off the kitchen, you will find a full-sized washer and dryer with plenty of shelving behind double doors. The double garage access is located just off the kitchen, which includes an outdoor shower, laundry sink, and shelves on each side with plenty of counter space for all your tools and hobbies; back inside, you will find a half bathroom and a sizable closet. Back through the kitchen, you will find a living area fit for royalty with impressive 10-foot ceilings, upgraded lighting, and a Bay view captured through the large glass sliding doors that lead to a very large covered porch overlooking the Bay and dock, where you will surely enjoy many evenings with your nearest and dearest. Back inside and up the stairs, you will find the waterfront primary bedroom that features a private covered balcony, a vaulted ceiling, a walk-in closet, a soaking tub, and a separate shower, along with two more sizable bedrooms and a full-sized bathroom on the opposite side of the home. This one has it all and is ready for new owners, so call your favorite Realtor today for more information or to schedule a showing.

5108 Blue Harbor Dr, Panama City
$28
323906 MLS
9,219 SF Class A Medical & Office Space | Available Q1 2026 Now pre-leasing at 2402 State Avenue, a strategically positioned Class A medical and professional office space located just blocks from HCA Florida Gulf Coast Hospital. This 9,216 SF first-floor space is currently under construction and offers modern architecture, premium finishes, and flexible layouts designed to meet the needs of healthcare providers and professional users alike. Tenants will enjoy excellent visibility, ample surface parking, and easy access from 23rd Street — one of Panama City's busiest commercial corridors with approximately 34,500 vehicles per day. The location serves a wide customer base across Panama City, Lynn Haven, Callaway, and Panama City Beach. Offered at $28.00/SF NNN, with tenants responsible for their own interior build-out, this space allows for full customization to suit your practice or business.

2402 State Ave, Panama City
$4,000,000
321558 MLS
Multi-use professional center, conveniently located just off of 23rd Street and Jenks Avenue intersection.

2420 Jenks Ave, Panama City
$280,000
321084 MLS
Seven finished lots in Phase I of East Bay. East Bay is a bayside community located in Cook's Bayou on St. Andrew's Bay with nearby access to the Intracoastal Waterway and the Gulf of Mexico. Fifteen minute drive to Tyndall Air Force Base and all commercial amenities. The roads have brick paver accents throughout the community.

Tbd Poston Rd, Panama City
$1,638,000
321017 MLS
Subject offering consists of 182 undeveloped lots within the East Bay Plat. A part of the East Bay plat with 321 total lots, it is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes from Super Walmart, 20 minutes from Tyndall Air Force Base. All lots have had $5,502 in W & S impact fees pre-paid. Available separately are 7 remaining finished lots from Phase 1 and a 4 acre marina site on Cooks Bayou. The City of Callaway is poised for future growth with Eastern Shipbuilding getting the largest Coast Guard Cutter building contract in Coast Guard history, expanded missions for Tyndall AFB and Gulf Coast Parkway being built just East of the Subject Property in order to re-route Hwy 98 traffic around Tyndall AFB.

11740 Poston Rd, Panama City
$600,000
321003 MLS
This waterfront property in the East Bay Development in Panama City encompasses approximately 4 acres and offers deep water access on St. Andrew's Bay with convenient proximity to the Intracoastal Waterway, the Gulf of Mexico, and Tyndall Air Force Base.

Tbd Cook St, Panama City
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