Bay County Homes under $500,000

Bay County Homes under $500,000

Welcome to Bay County, Florida, where coastal charm meets vibrant community living! Nestled along the stunning Gulf Coast, this enchanting subdivision offers a unique blend of natural beauty, modern amenities, and a welcoming atmosphere that makes it a perfect place to call home.

Bay County is renowned for its breathtaking beaches, including the famous Panama City Beach, where soft white sands meet crystal-clear waters. Residents enjoy a plethora of outdoor activities, from fishing and boating to hiking and biking along scenic trails. The area is rich in history and culture, featuring local art galleries, delicious dining options, and lively festivals that celebrate the spirit of this beautiful region.

For those seeking a home in Bay County without breaking the bank, you’ll be delighted to find a range of charming properties available for under $500,000. Whether you're a first-time homebuyer or looking to downsize, there are plenty of options to suit your needs. From cozy beach cottages to modern family homes, each property reflects the unique coastal lifestyle that Bay County has to offer.

Imagine sipping your morning coffee on a sun-drenched porch or hosting family gatherings in your spacious backyard. With a diverse selection of homes available, you’re sure to find the perfect fit for your lifestyle and budget.

Discover the magic of Bay County, where every day feels like a vacation. Embrace the opportunity to create lasting memories in this idyllic coastal paradise!

Newest Bay County Homes under $500,000

9850 Thomas Dr Unit 1011w, Panama City Beach
$334,900
1 Beds ⋅ 1 Baths ⋅ 329117 MLS
Welcome to this direct Gulf-front, 10th-floor condo on the west end, offering unobstructed Gulf views and easy access to the sugar-white sand just steps from the building. This 1BR/1BA unit comes fully furnished and comfortably sleeps four with a queen bed and sleeper sofa, making it a great beach getaway or income-producing rental. Inside, you'll find an open living area, a full kitchen with stainless steel appliances, white cabinetry, and marble countertops, plus a private Gulf-front balcony that's perfect for sunsets and catching the coastal breeze. Recent updates include new appliances, countertops, paint, a newer HVAC system, and a hot water heater. Short-term rentals are allowed, pets are permitted (see condo rules and regulations), and the unit includes one unassigned parking space. Owners and guests enjoy resort-style amenities such as a private beach, three Gulf-front pools (one seasonally heated), tiki bar, clubhouse, game room, tennis courts, racquetball, shuffleboard, and complimentary beach service with two chairs and an umbrella for the 2025 season (March–October). Whether you're looking for a turnkey rental or a low-maintenance beachfront condo, this unit checks all the boxes for true Gulf-front living. Call today!

9850 Thomas Dr Unit 1011w, Panama City Beach
11711 Poston Rd, 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
3911 E 11th St, Panama City
$439,000
5 Beds ⋅ 5 Baths ⋅ 328146 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' 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
5005 Maggie Ln, Panama City
$419,900
3 Beds ⋅ 2 Baths ⋅ 325145 MLS
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
8324 Hwy 2301, Youngstown
$290,000
5 Beds ⋅ 4 Baths ⋅ 325067 MLS
This spacious multi-family home sits on a one-acre lot and features two separate living spaces along with a large garage. It's perfect for a large family, someone interested in short- or long-term rentals, or a car enthusiast with home projects in mind. As you approach, the well-maintained lot, adorned with mature trees and shrubs, welcomes you. Enter through the front door into a cozy living area that leads to an open-concept kitchen and dining room. To the right, there's a bathroom and three bright bedrooms, including a primary suite with its own ensuite bathroom. The large living room at the back overlooks a private, fenced-in backyard. The attached two-car garage includes an office, storage room, and half bath. The separate apartment can be accessed from inside the garage or via an outdoor staircase, and it features a remodel with a kitchen, laundry room, full bathroom, living area, and storage. At the back of the property, another oversized garage offers additional storage space, ideal for RV or boat storage. This property is in a non-flood zone with no HOA fees and allows for RV parking. Recent updates include a new roof and seamless gutters installed in 2021, a water heater replaced in 2019, and siding updated in 2018. The main house has new flooring and paint, making it ready for new owners. Located just minutes from restaurants, shops, and a new Publix, with parks nearby and Panama City Beach only 21 miles away, this property offers the best of both convenience and serenity. Call today for more information or to schedule a showing!

8324 Hwy 2301, Youngstown
Start Your Search