Panama City Homes under $1 million

Welcome to Panama City, Florida – a vibrant coastal gem nestled in Bay County, where sun-kissed beaches meet a lively community spirit! Known for its stunning shorelines, crystal-clear waters, and rich cultural heritage, Panama City offers a unique blend of relaxation and adventure. Whether you’re drawn to the allure of the Gulf of Mexico or the charm of local festivals, this city has something for everyone.

For those looking to invest in a slice of paradise without breaking the bank, Panama City boasts an impressive selection of homes under $1 million. From charming beach cottages to modern family residences, there’s a diverse range of properties to suit every taste and lifestyle. Imagine waking up to the soothing sounds of the ocean, with a home that offers both comfort and style – all within a budget that allows you to enjoy life to the fullest.

The real estate market here is thriving, making it an opportune time to explore your options. With its friendly neighborhoods, excellent schools, and proximity to recreational activities like fishing, boating, and hiking, Panama City is not just a place to live, but a place to thrive.

Whether you’re a first-time homebuyer or seeking a vacation retreat, Panama City’s homes under $1 million provide an incredible opportunity to embrace the coastal lifestyle. Dive into the possibilities and discover your dream home in this enchanting city where every day feels like a vacation!

Newest Panama City Homes under $1 million

$265,000

4 Beds ⋅ 2 Baths ⋅ 1013237 MLS

MOTIVATED SELLER! $7,000 PRIVACY FENCE ALREADY INSTALLED! FRESHLY PAINTED! This well maintained 4-bedroom, 2-bath home offering 1,394 square feet of comfortable living space in the highly sought-after Liberty community of Panama City. Perfectly designed for everyday living and entertaining, this home features an open-concept floor plan, spacious bedrooms, and a large fenced back yard. Located just a short walk or golf cart ride from Liberty's outstanding neighborhood amenities, residents enjoy access to a resort-style community pool, splash pad, playground, fitness center, and beautifully maintained common areas, creating an exceptional lifestyle for families and active homeowners alike. The Liberty community also offers sidewalks throughout and a welcoming neighborhood atmosphere. Conveniently situated off Highway 231, this home offers easy access to everyday necessities and major destinations. Tyndall Air Force Base is just a short commute away, making it an excellent choice for military personnel and civilian employees. You'll also appreciate the convenient access to Northwest Florida Beaches International Airport, as well as the shopping, dining, entertainment, and white-sand beaches that make the Panama City area so desirable. Liberty's location provides quick access to Panama City Beach, local schools, healthcare facilities, and countless recreational opportunities.

6400 Bellavia Ln, Panama City

Listing courtesy of 1 Percent Lists Florida Coast.

$312,000

4 Beds ⋅ 2 Baths ⋅ 1013211 MLS

This community named itself appropriately... because 259 Boggy Creek Way may be the perfect PLACE to PARK yourself! This Craftsman-style home delivers an easy, convenient, and fun lifestyle, with 4 bedrooms, 2 baths, and 1,799 sq ft -- room for everyone, plus room for memories! Military at Tyndall AFB? Let's salute the 4.99% assumable rate and just 9.4 miles to the base! Less commuting means more time enjoying the life you came here for. And, speaking of that life... the beach! Those famous white-sandy beaches and Panama City's endless attractions are approximately 15-17 miles away. We know the beach is probably #1, but what's next? A famous daiquiri at Pineapple Willy's? A Vomatron adventure? Waterfront dining? Or hosting at home? Too easy. ALDI, Walmart, DG, and more are just minutes away. Now let's talk about the bonus yard! Sitting next to a large community common area gives you serious overflow space when the guest list gets ambitious. Cornhole? Football? Horseshoes? BOOM! You've got the space--your bonus yard without the bonus maintenance! Inside, the open-concept design makes entertaining easy. Show off your cooking skills on the granite countertops and large island, keep your eyes on the game from the living room, and enjoy everyone being together without feeling crowded. When the day winds down, retreat to your primary suite. Soak in the garden tub or enjoy an extra-long shower. It's time to live your best life and maybe it's time to PARK IT here in Panama City!

259 Boggy Creek Way, Panama City

Listing courtesy of Axen Realty LLC.

$249,000

4 Beds ⋅ 2 Baths ⋅ 1013185 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 Rd, Panama City

Listing courtesy of Coastal Living Realty & Associates LLC.

$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.

7205 Thomas Drive Unit A604, Panama City

$475,000

2 Beds ⋅ 2 Baths ⋅ 796178 MLS

BUILDING BEEING COMPLETELY RENOVATED!! 2 / 2 unit is on the west side of the building with sunset views. The open kitchen has ample countertop space with a breakfast bar, stainless appliances, updated bathrooms, washer and dryer. 1,500 ft. of sugar-white beachfront, three large gulf-front pools that are seasonally heated, volleyball, lighted tennis courts, basketball, shuffleboard, swing sets on the beach, outdoor BBQ grills, picnic tables, fitness room, wireless internet throughout the property, private meeting rooms available for rent and onsite beach chair and umbrella rentals. All measurements and info estimated/approximate. Buyer should verify any and all information that they deem to be important!

7205 Thomas Drive Unit A604, Panama City

Listing courtesy of Counts Real Estate Group.

$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.

$649,900

5 Beds ⋅ 3 Baths ⋅ 796170 MLS

Welcome to King's Landing, an exclusive waterfront community featuring 39 homesites nestled in the desirable King's Point area of Lynn Haven. The Riverside is a stunning new construction floorplan offering a spacious two-story layout designed for modern family living. The Riverside features 5 bedrooms, 3 baths and a 2 car garage. There's still time to customize this beautiful home by making your selections at our new Design Studio! Residents of King's Landing will be able to enjoy the waterfront pool and cabana that is scheduled to be completed in early Spring 2027. King's Landing combines comfortable coastal living with convenient access to the water, local shopping, dining and recreation. Come experience the quality craftmanship and attention to detail that Traton Homes has delivered for over 55 years!

2912 W 27th Street, Panama City

Listing courtesy of TH Coastal Realty.

$359,000

4 Beds ⋅ 2 Baths ⋅ 796169 MLS

Welcome Home to Bridge Harbor! Modern Coastal Comfort Minutes from Tyndall AFB Address: 251 Ryder Lane, Callaway / Panama City, FL 32404 Layout: 4 Bedrooms | 2 Bathrooms | ~1,787 Sq. Ft. The Perfect Fit for Military Families & Coastal Living Cut your commute down to just 5 minutes! Perfectly positioned right off Tyndall Parkway, this move-in-ready home in the desired Bridge Harbor community offers ultimate convenience for personnel stationed at Tyndall Air Force Base. Spend less time commuting and more time enjoying the best of the Gulf Coast. Interior & Functional Layout Spacious Open-Concept Living: Designed for effortless entertaining and day-to-day family life, featuring continuous low-maintenance flooring and plenty of natural light. Functional Kitchen: Features beautiful cabinetry, durable Granite countertops, a large center island, and a walk-in pantry for plenty of storage. Private Primary Suite: Includes a spacious bedroom, walk-in closet, dual-sink vanity, soaking tub, and a separate shower. Versatile 4-Bedroom Floorplan: Excellent layout for a growing family, dedicated home office, or guest space. Community & Location Highlights Resort-Style Amenities: Enjoy access to the community pool, ideal for unwinding on warm Florida afternoons and meeting neighbors. Near St. Andrews Bay: Close to public boat launches and waterfront access for weekend fishing, paddleboarding, and boating. Convenient Callaway Location: Minutes from local dining, grocery stores, and daily conveniences. Whether you are relocating for orders or searching for turnkey coastal living, 251 Ryder Lane combines effortless upkeep, unbeatable base proximity, and neighborhood comfort. Schedule your private tour today! Logan Etheridge Legacy Premier Agency

251 Ryder Lane, Panama City

Listing courtesy of Legacy Premier Agency.

$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.

$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.

$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.

$449,000

3 Beds ⋅ 2 Baths ⋅ 796139 MLS

Lake views, effortless outdoor entertaining, and more time to enjoy the SweetBay lifestyle--welcome to 2417 Rushes Avenue. Located in a lock-and-leave phase where the HOA covers landscape maintenance and irrigation, this coastal home offers easy everyday living. Start your morning with coffee on the covered front porch overlooking the lake. Inside, bright, open living and dining spaces connect to a kitchen featuring Shaker-style cabinetry, stainless steel appliances, a herringbone backsplash, and an island with bar seating. Three bedrooms plus a lake-view study with its own walk-in closet offer a flexible layout, with the study able to function as a fourth bedroom. The primary suite includes a walk-in closet and a private bath with a glass-enclosed tiled shower. The oversized 2.5-car carport doubles as a spacious covered entertaining area, connecting directly to the patio and featuring electrical provisions for a TV. From game-day gatherings to outdoor dinners, there's room to make the most of coastal evenings. A separate storage room keeps bikes, paddleboards, and beach gear organized... and with the HOA handling landscaping and irrigation, you can save that space for recreation instead of lawn equipment. Beyond your doorstep, SweetBay invites you to fill your days with golf cart rides, scenic walks, bike rides, poolside afternoons, and sunsets along North Bay. Community pools, parks, playgrounds, a sports court, trails, and bay access provide plenty of ways to get outside, whether you enjoy kayaking, paddleboarding, fishing, or simply relaxing by the water. Farmers markets, concerts in the park, seasonal celebrations, and resident gatherings create opportunities to connect with your new neighbors and enjoy an active community. The Publix-anchored Town Center brings groceries, Starbucks coffee, dining, shopping, and everyday conveniences right into the neighborhood just a short walk or golf cart ride away. Looking ahead, SweetBay's planned future marina adds another exciting dimension to the community's coastal vision. With lake views, versatile indoor and outdoor spaces, and less yard work on your calendar, 2417 Rushes Avenue gives you more freedom to enjoy everything that makes life in SweetBay so special.

Panama City

Listing courtesy of SweetBay Realty.

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