Panama City Beach Homes with Lake Waterfront Features

Welcome to Panama City Beach, Florida, a stunning coastal paradise nestled in Bay County. Renowned for its pristine white-sand beaches and crystal-clear emerald waters, this vibrant city offers an idyllic lifestyle that combines relaxation with adventure. Whether you're drawn to the allure of sun-soaked days or the thrill of water sports, Panama City Beach has something for everyone.

One of the most enchanting features of this area is its array of homes with lake waterfront properties. Imagine waking up to the serene views of sparkling water right outside your window, where the gentle sounds of nature create a peaceful ambiance. These homes not only provide a picturesque backdrop but also offer unique recreational opportunities, from kayaking and paddleboarding to fishing right in your backyard.

The real estate market in Panama City Beach is diverse, catering to various tastes and budgets. Whether you’re looking for a charming cottage, a modern family home, or a luxurious waterfront estate, you’ll find it here. The community is known for its friendly atmosphere, making it an ideal place to raise a family or enjoy a relaxing retirement.

Beyond the homes, the local scene is vibrant, with a plethora of dining, shopping, and entertainment options. From fresh seafood restaurants to boutique shops, there’s always something to explore. With its stunning waterfront properties and a lifestyle that embraces the beauty of nature, Panama City Beach is truly a gem on Florida’s Gulf Coast. Come discover your dream home in this enchanting seaside community!

Newest Panama City Beach Homes with Lake Waterfront Features

$825,000

4 Beds ⋅ 4 Baths ⋅ 690902 MLS

This would be a great short-term rental. Located 250 steps to the white sandy beach. Located on the West End of Panama City Beach at Access 86 where privacy is at its best throughout the fall and winter months. The home is impeccably clean, recently updated, very well maintained and pretty much maintenance free. The home features two masters, one up and one down and a walk in shower in the bath downstairs. There is a shed out back full of goodies for beach life including bicycles, floats, chairs and toys. It has no lawn care, no HOA, a favorite with our friends and family and a fantastic neighborhood with very nice people. The home has very little carpet and hard surface flooring making it easy to clean. Fresh paint inside and out! Furnished!

119 Riviera Dr, Panama City Beach

Listing courtesy of LISTWITHFREEDOM.COM.

9860 S Thomas Drive Unit 604, Panama City Beach

$258,000

1 Beds ⋅ 2 Baths ⋅ 797370 MLS

Rental machine: 2025=$36,727.03, 2024=$34,965.84, 2023=$37,327.83, 2022=$37,787.05 This incredible unit is strategically located on the south end so no unobstructed view of the pristine gulf waters. Additionally, located near the stairs and elevator... meaning during peak rental times your guests can avoid the elevator and take 2 flights to the kiddie pool, or the parking garage! Happier guests, better reviews, higher gross rents! Bed in the sofa replaced 2026, New bedroom Mattress, appliances replaced 2020, water heater 2020. Barn door 2023 for private bunk room, Superhost and guest favorite unit for years so it is rental ready TODAY! Laketown Wharf is known for its unmatched amenities. Residents and guests enjoy five pools, including one heated year-round, 2 hot tubs, a fitness center overlooking the Gulf, pickleball, and even putting green. The 52,000 square-foot boardwalk circles the lake with a nightly fountain and light show. Direct, gated beach access sits right next door to Pineapple Willy's. On the ground level, you'll find a lineup of restaurants, shops, and entertainment: Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots brunch, The Bun Lab, and more. Also onsite 810 Billiards & Bowling, a salon and nail bar, barbecue and pet areas, a poolside Splash Bar & Grill, two parking garages. HOA dues include water, sewer, trash, cable/TV, pest control, WiFi, and full use of amenities. Nearby attractions continue to grow, with Dolly Parton's Pirate Theater and Topgolf now open in Panama City Beach. Whether you're looking for a vacation home, income-producing rental, or a place to enjoy the coastal lifestyle full-time, Laketown is the place for the largest onsite resort on PCB!

9860 S Thomas Drive Unit 604, Panama City Beach

Listing courtesy of Beachy Beach Real Estate.

9860 S Thomas Drive Unit 523, Panama City Beach

$405,000

3 Beds ⋅ 2 Baths ⋅ 797363 MLS

RENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike! Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach. Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental. Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions. With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!

9860 S Thomas Drive Unit 523, Panama City Beach

Listing courtesy of EXP Realty LLC.

9860 S Thomas Drive Unit 1809, Panama City Beach

$389,500

2 Beds ⋅ 2 Baths ⋅ 797244 MLS

**$60,467 IN RENTAL REVENUE IN 2025! EXCEPTIONAL INVESTMENT OPPORTUNITY WITH BREATHTAKING GULF VIEWS!** Discover this beautifully designed 18th-floor condo at Laketown Wharf, offering panoramic views of the sugar-white sand beaches and emerald waters of the Gulf of Mexico! This spacious 2-bedroom, 2-bathroom residence features an additional separate bunk bed nook, comfortably accommodating up to 9 guests. Whether you're looking for an income-producing vacation rental, second home, or luxurious coastal retreat, this property offers an exceptional opportunity! **LUXURIOUS INTERIOR & THOUGHTFUL DESIGN** Step inside to discover a beautifully appointed open-concept living space designed for comfort, relaxation, and entertaining. The gourmet kitchen features stainless steel appliances, granite countertops, and a convenient breakfast bar. The spacious living and dining areas flow seamlessly together, creating a bright and welcoming atmosphere filled with natural light. Step onto your private balcony and take in spectacular panoramic Gulf views, refreshing coastal breezes, and unforgettable sunsets. The primary suite is a true retreat, featuring a king-size bedroom with stunning Gulf views, direct balcony access, a spacious walk-in closet, and a spa-like en-suite bathroom complete with double vanities, a soaking garden tub, and a separate walk-in shower. The generously sized second bedroom provides a comfortable retreat for guests. An additional separate bunk bed nook offers extra sleeping accommodations, making this condo ideal for larger groups. **PREMIER RESORT-STYLE AMENITIES AT LAKETOWN WHARF** Laketown Wharf offers an impressive collection of amenities designed to deliver the ultimate coastal resort experience! Enjoy five spectacular swimming pools, including a lagoon-style pool, rooftop pool with beautiful views, zero-entry children's pool, seasonally heated pool, and adults-only swimming area. Two relaxing hot tubs provide the perfect setting to unwind after a day at the beach. Just steps away, enjoy convenient private beach access across the street, leading to the Gulf's pristine shoreline. Stay active in the fully equipped fitness center featuring cardio equipment, free weights, and strength-training machines. Additional recreational amenities include a putting green and beautifully maintained outdoor gathering areas. One of the resort's signature attractions is its expansive 52,000-square-foot lakefront boardwalk, featuring a spectacular dancing fountain and light show that creates a memorable evening experience. Entertainment is right at your doorstep with 810 Billiards & Bowling, offering bowling lanes, billiards, arcade games, interactive activities, a full-service bar, and dining options. Enjoy the convenience of numerous on-site restaurants, cafés, and shops, including The Wharf Seafood Buffet, Juan Taco, Lorrie Morgan's Spicy Hot Chicken Coop, The Candymaker, Sunshine Bar & Grill, and Laketown Market. From casual bites and seafood dining to sweet treats and everyday essentials, everything you need is within easy reach. Additional conveniences include covered parking, gated access, and 24-hour on-site security. **EXCEPTIONAL LOCATION & INVESTMENT OPPORTUNITY** Ideally situated in the heart of Panama City Beach, this property is just minutes from popular restaurants, shopping, entertainment, attractions, and outdoor recreational activities. With $60,467 in rental revenue for 2025, a desirable 18th-floor location, spacious accommodations for up to 9 guests, breathtaking Gulf views, and extensive resort-style amenities, this condo presents a compelling opportunity for investors and second-home buyers alike. YOUR COASTAL INVESTMENT OPPORTUNITY STARTS HERE! Own a stunning Gulf-view condo with proven rental history and exceptional resort amenities. Perfect for investors or vacation homeowners. Make your coastal dream a reality!

9860 S Thomas Drive Unit 1809, Panama City Beach

Listing courtesy of Savvy Avenue LLC.

23223 Front Beach Road Unit 335, Panama City Beach

$349,000

2 Beds ⋅ 3 Baths ⋅ 797035 MLS

''Dream by the Sea'' - Pinnacle Port, Unit A335 | Gulf & Lake Views | Fully Furnished Welcome to ''Dream by the Sea,'' a rare opportunity to own the best-priced 2-bedroom, 2.5-bath condo in the coveted Pinnacle Port community. A-335 boasts $45,000 - $50,000 in gross annual projected rental income. Situated in the iconic Tower 1 Building, this beautifully furnished condo offers breathtaking views of both the Gulf of Mexico and Lake Powell, placing you directly on the sugar-white sands of Panama City Beach in a truly one-of-a-kind coastal setting. Step inside this thoughtfully designed, two-story condo and experience a unique layout with the kitchen, dining, and living areas downstairs, and bedrooms privately tucked away upstairs. The living room features a sleeper sofa, loveseat, and large TV, all opening to a private balcony with tranquil views of Lake Powell and the boat docks, the perfect place to enjoy your morning coffee or evening breeze. The kitchen is fully equipped with Stainless Steel full-sized appliances, cookware, dishes, and small appliances, ensuring effortless move-in or immediate rental potential. A half bath with a stackable washer/dryer complete the downstairs for convenience. Upstairs, the primary suite boasts a queen bed, en-suite bath, TV, and a private balcony with direct views of the Gulf and the indoor/outdoor pool. The second bedroom includes a queen bed, twin bed, and its own TV, with a large hallway bathroom featuring a walk-in shower. This unit is being sold fully furnished, including all linens, electronics, cookware, and utensils excluding only a few personal items making it a turnkey investment or personal retreat. Community Amenities Include: Direct TV (Basic Pkg), Internet Water and Part of the Electric. Beachfront indoor/outdoor pool (heated in winter). Second pool with bathhouse and lush landscaping, Boat docks, launch, and fishing pier. Canoe, kayak, and paddle-boat rentals. Two picnic areas with BBQ grills. Children's playground Tennis, basketball, and horseshoe courts. Fitness center with separate men's and women's saunas. Gated community with 24-hour security. Enjoy the charm of Carillon Beach just next door with seasonal concerts, boutique shops, and dining, or explore nearby Camp Helen State Park. Just outside the gates, you'll find Publix, Winn-Dixie, and CVS for your everyday needs. Located only 10 minutes to Pier Park, 30 minutes to Destin, and moments from Scenic 30A, this is your peaceful escape secluded yet connected to the very best of the Emerald Coast. Your Dream by the Sea Awaits. Whether you're seeking a beachside sanctuary or a high-demand vacation rental, Unit A335 at Pinnacle Port offers a lifestyle few properties can match. Gulf and lake views, unbeatable amenities, and coastal charm all at an exceptional value.

23223 Front Beach Road Unit 335, Panama City Beach

Listing courtesy of Keller Williams Realty Emerald.

333 Juniper Creek Circle Unit LOT 77 - ELEANOR PLAN, Panama City Beach

$700,000

4 Beds ⋅ 4 Baths ⋅ 796989 MLS

Beautiful lake and conservation views set the scene for this thoughtfully appointed Eleanor by Harris Doyle Homes in Breakfast Point East. With approximately 3,199 square feet, four bedrooms, three-and-a-half baths, an upstairs bonus space and a three-car garage, this home pairs generous living spaces with elevated finishes and carefully selected upgrades. The open main level brings together a spacious great room, breakfast nook and separate dining room, offering an inviting setting for everyday living and entertaining. A dramatic 12-foot sliding glass door opens to the extended covered patio, where the scenic homesite provides a beautiful backdrop for morning coffee, outdoor dining or a relaxing evening. The upgraded chef's kitchen features quartz countertops, a large island, decorative wood hood, five-burner gas cooktop, wall oven, built-in microwave and dishwasher. A tile backsplash, under-cabinet lighting, undermount sink and pullout trash cabinet add polished style and everyday convenience. The main-floor primary suite offers a spa-inspired retreat with an upgraded grotto shower, built-in bench, dual showerheads, decorative tile and penny-round mosaic flooring. Quartz vanity countertops, upgraded fixtures and large-format tile flooring complete the bath. Luxury vinyl plank flooring in the main living areas, coordinated stair treads, selected lighting, additional laundry cabinetry and a tankless water heater reflect Harris Doyle Homes' thoughtful approach to comfort and quality. Upstairs bedrooms and bonus space provide flexibility for guests, hobbies and gathering. Breakfast Point East combines natural surroundings with the convenience of Panama City Beach living. Walking and biking trails invite time outdoors, while nearby shopping, dining, schools and white-sand beaches make it easy to enjoy everything the area offers. Discover a home with distinctive details, room to spread out and a beautiful setting for your coastal lifestyle.

333 Juniper Creek Circle Unit LOT 77 - ELEANOR PLAN, Panama City Beach

Listing courtesy of SweetBay Realty.

$825,000

4 Beds ⋅ 4 Baths ⋅ 796975 MLS

119 Riviera Drive, Panama City Beach

Listing courtesy of ListWithFreedom.com Inc..

$257,900

2 Beds ⋅ 2 Baths ⋅ 796905 MLS

Beautiful lake view and peek a boo view of Gulf with this 2 bed, 1.5 bath townhome in Gulf Highlands Beach Resort. Short term rentals are allowed making for a great investment property . The Seller is offering $3,000 allowance for new countertops or any improvement Buyer wishes with acceptable offer! This unit has new LVP wood look flooring, freshly painted, new Roof 2026, new AC 2026, new Water Heater 2026, and new outdoor wood deck replaced in 2026. Gulf Highlands has great amenities including multiple pools, including Gulf front pool with club house and cafe/bar, tennis/ pickleball courts, mini golf course, fitness center, and play areas for the kids. Gulf Highlands is a gated community and golf cart friendly with beach access and close to shopping, restaurants and entertainment. Whether you are looking for an investment property a second home to relax by the beach, or your own permanent residence, Gulf Highlands Beach Resort offers something for everyone. Schedule your showing today!

142 Robin Lane, Panama City Beach

Listing courtesy of Superior Of Florida, LLC..

9860 S Thomas Drive Unit 409, Panama City Beach

$285,000

2 Beds ⋅ 2 Baths ⋅ 796680 MLS

Welcome to your ultimate coastal getaway at Laketown Wharf Resort! Perfectly positioned in the heart of Panama City Beach - just steps from the world's most famous sugar-white sands, top attractions like Ripley's and WonderWorks, dining, and nightlife - this spacious condo offers the ideal blend of convenience, relaxation, and top-tier rental potential. Prime Location & Rare Convenience: Forget waiting on busy elevators! This desirable 4th-floor unit allows you to walk directly from the parking garage right to your front door. Even better, you are located just steps from the pool while enjoying stunning, serene lake views right from your residence. Interior Highlights: Freshly updated with LVP flooring throughout, this 2-bedroom, 2-bath condo includes a private bunk room and comfortably accommodates up to 8 guests. The open-concept layout features a fully equipped kitchen with sleek granite countertops and a breakfast bar, flowing seamlessly into the main living space and out onto an expansive private balcony. The spacious primary suite serves as a true retreat, featuring a double vanity, deep garden tub, and separate walk-in shower. Unrivaled Resort Amenities: Laketown Wharf offers resort living like nowhere else: 5 unique pools, multiple on-site restaurants, an ice cream shop, hair salon, putting green, state-of-the-art fitness center, covered garage parking, and a 52,000 sq. ft. lakefront boardwalk with nightly light and fountain shows. Whether you're seeking a high-performing vacation rental or your own turnkey beach escape, this unit is the one you've been looking for!

9860 S Thomas Drive Unit 409, Panama City Beach

Listing courtesy of SimpliHOM.

301 Lullwater Drive Unit 277, Panama City Beach

$160,000

1 Baths ⋅ 796634 MLS

Welcome to Lullwater Beach, where a peaceful lakeside setting meets the convenience of Panama City Beach. This fully furnished, ground-floor studio offers an inviting opportunity for a full-time residence, coastal getaway, or short-term rental investment. Enjoy views of Lullwater Lake from your patio, the community pool just steps away, and beach access directly across Front Beach Road. The updated interior features a full-size kitchen with stainless steel appliances, luxury vinyl plank flooring, and a renovated bathroom. Located approximately half a mile from Pier Park and one mile from Frank Brown Park, this condo puts shopping, dining, concerts, and recreation close to home. Nearby attractions include Topgolf and Dolly Parton's Pirates Voyage Dinner & Show, adding even more appeal for owners and vacation guests alike. Whether you're settling into coastal life or adding to your investment portfolio, this Lullwater Beach studio offers a location that makes enjoying the beach lifestyle easy.

301 Lullwater Drive Unit 277, Panama City Beach

Listing courtesy of Think Real Estate.

1103 E Water Oak Bend, Panama City Beach

$1,995,000

796537 MLS

COMING SOON - NO SHOWINGS On the shores of Lake Powell, behind the lush gates of Wild Heron, this remarkable 0.66-acre homesite offers a way of living that is rare along the Emerald Coast., a private lakefront retreat with the Gulf and its beaches. Lake Powell is one of the largest coastal dune lakes, a distinctive ecosystem whose natural outlet periodically connects with the Gulf. The result is a landscape shaped by both fresh and salt water, where mornings can begin on still lake water and the day can unfold between boating, fishing, time outdoors and a visit to the beach. It is a singular pairing of lake and Gulf that gives this property its own sense of place. A private dock by Gorman Marine the builder of Wild Heron's main community dock makes the lake an everyday part of the home. Designed to accommodate a boat up to 30 feet and a jet ski, the dock includes a lift for each, bringing the pleasure of getting out on the water right to your shoreline. Architectural plans by J. Michael Hunnicutt, AIA, were designed for this homesite and envision a gracious residence arranged around a private pool courtyard. The thoughtful layout includes a first-floor primary suite, expansive kitchen and family living spaces, butler's pantry, guest accommodations, covered outdoor living, summer kitchen and three-car garage. Upstairs, the plans add more bedrooms, an exercise room and a covered terrace creating a home designed for both gathering and retreat. Wild Heron's mature landscape protects its natural areas and resort-style amenities make an exceptional setting for this vision. Residents enjoy a winter-heated lakeside pool and spa, fitness center, waterfront pavilion and fire pit, nature trails and a 24-hour guarded entrance. The Gulf beaches, 30A and Panama City Beach are nearby. A homesite of this scale, directly on Lake Powell and paired with a private boat and jet ski dock, is an exceptionally rare offering in Wild Heron. The plans received approval in 2023; reapproval is required, with a stated fee of $1,000. The plans are available for separate purchase and may be conveyed with the lot through a separate agreement. Buyer to verify all plans and surveys provided.

1103 E Water Oak Bend, Panama City Beach

Listing courtesy of Christies International Real Estate Emerald Coast.

$399,000

796524 MLS

**Rare Lakefront Opportunity Just Steps from the Beach and Pier Park!** Location doesn't get much better than this! Tucked away on a quiet street overlooking beautiful Palm Lake, this exceptional homesite offers the perfect combination of privacy, convenience, and coastal living. Imagine building your dream three-story beach home with the potential for gorgeous Gulf views, all within walking distance of the sugar-white sands and emerald-green waters of Panama City Beach. Enjoy the peaceful setting of lakefront living while being just moments from all the excitement of Pier Park! Spend your days at the beach, stroll to your favorite restaurants and shops, enjoy concerts at Aaron Bessant Park, or catch the sunset and seasonal fireworks at Russell-Fields Pier. With beach accesses 61 and 62 nearby, enjoying the Gulf couldn't be easier. Forget the hassle of driving or finding parking! This incredible location puts so much of what makes Panama City Beach special right at your fingertips. With no HOA fees, a peaceful neighborhood setting, and convenient access to Scenic Highway 30A, this property offers a rare opportunity to create your own coastal retreat in one of the area's most desirable locations. **Please note: Short-term rentals are not permitted.**

204 Gulf Lane, Panama City Beach

Listing courtesy of Think Real Estate.

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Panama City Beach Homes with Lake Waterfront Features

Newest Panama City Beach Homes with Lake Waterfront Features

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