Panama City Homes with Intracoastal Access Waterfront Features

Welcome to Panama City, Florida—a vibrant coastal gem nestled in Bay County, where the sun-kissed shores meet the shimmering waters of the Gulf of Mexico. Known for its breathtaking beaches, rich history, and warm Southern hospitality, Panama City is the perfect destination for those seeking a laid-back lifestyle with a touch of adventure.

One of the most alluring features of this picturesque city is its stunning waterfront properties. Homes with Intracoastal access are a true treasure, offering residents unparalleled access to the serene waterways that weave through the region. Imagine stepping out of your back door and onto your private dock, ready to embark on a day of fishing, boating, or simply soaking in the natural beauty that surrounds you. These waterfront homes not only provide a gateway to aquatic adventures but also create a tranquil oasis right in your backyard.

In addition to the captivating homes, Panama City boasts a thriving community filled with charming shops, delectable dining options, and a plethora of recreational activities. From exploring the scenic parks to enjoying the vibrant nightlife, there’s something for everyone in this coastal paradise.

Whether you’re looking to invest in a second home, retire by the water, or raise a family in a nurturing environment, Panama City offers an array of options that cater to diverse lifestyles. Come discover the magic of waterfront living in Panama City, where every day feels like a vacation!

Newest Panama City Homes with Intracoastal Access Waterfront Features

$270,000

3 Beds ⋅ 3 Baths ⋅ 787768 MLS

Seller will contribute $7,500 towards buyers closing costs with strong offer. $45,000 Price Improvement! Welcome to Sunbay Townhomes, a rare chance to own a versatile property with prime visibility and beautiful water views in Panama City. Perfectly positioned along a high-traffic corridor, this property offers endless potential whether you're looking for a primary residence, investment opportunity, or a unique live/work setup. Enjoy stunning sunrises over the water and the convenience of quick access to Tyndall Air Force Base, shopping, dining, and downtown Panama City. Inside, the home features a functional layout ready for your personal touch. Large windows invite in natural light and showcase the peaceful surroundings, while the outdoor space offers plenty of room to relax, take in the coastal breeze while you walk on the beach. Whether you're an investor, business owner, or homeowner looking for a property with character and potential, this one checks all the boxes. Don't miss your chance to own a piece of the coast with high visibility and endless possibilities, book your private showing today. Sorry No Short Term Rentals.

6089 E Highway 98, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$8,475,000

5 Beds ⋅ 10 Baths ⋅ 786845 MLS

Perched on 380 feet of pristine West Bay waterfront along the Northwest Florida Gulf Coast, Villa Chimera is the most extraordinary luxury estate in Panama City Beach. Spanning 9,473 sq. ft. across three expansive lots, this 5BR/6BA/4HB masterpiece was authentically modeled after an Italian Venetian Palazzo -- designed by architect Philip Spann from hand-sketched owner drawings inspired by Renaissance master Andrea Palladio. Every finish was sourced from Italy or crafted by world-renowned artisans: a hand-carved Italian marble fountain, cushion-cut marble walls, Venetian silk upholstery, a Rome-crafted stone dining table, and a Renaissance fresco ceiling hand-painted by artist Jody Matokovich. This is not simply a Gulf Coast luxury home -- it is a one-of-a-kind legacy estate. The soaring foyer commands immediate attention with its grand Schonbek crystal chandelier, custom compass rose marble floor inlay, and solid stone staircase with marble balusters. The great room overlooking West Bay features a marble fireplace, limestone accents, and walls upholstered in Bevilacqua silk -- made in Venice and renowned worldwide. A media room with a theater-size projection screen and theatrical lighting flows seamlessly from the living space. The gourmet kitchen features Wolf and Sub-Zero appliances, a breakfast bar, separate bar area, and a fully equipped butler's pantry for effortless large-scale entertaining. All cabinetry was custom-designed by Design Galleria of Atlanta. The dining room centers around a custom stone table crafted in Rome outside the Vatican walls, beneath Venetian watermark plasterwork evoking centuries of Palazzo history. The second-level master suite is a private sanctuary with bay views, a columned balcony, and a hand-painted Renaissance fresco vault ceiling. Separate his-and-hers bathrooms each feature heated floors and double showers with body jets. A detached guest house -- connected by covered walkway -- includes a full kitchen, sitting area, private veranda, and full bath. Smart home living is delivered via a full Crestron system controlling all lighting, media, and security. Additional highlights: Kohler 100KW whole-house generator, all-copper plumbing, 4-car garage with wheelchair lift, whole-house central vacuum, monitored security cameras, LED lighting throughout, and all windows and exterior doors replaced post-Hurricane Michael. A rare and irreplaceable Florida Gulf Coast waterfront estate -- schedule your private showing today.

3730 Preserve Bay Boulevard, Panama City

Listing courtesy of Christies International Real Estate Emerald Coast.

$295,000

786806 MLS

This 2.29 acre waterfront lot sits on a lovely bluff overlooking the intercoastal waterway in eastern Bay County. This lovely and secluded area of Allanton would make a fantastic location to build your dream home or private getaway. The water is very deep here, and you are a short boat ride to east bay and then Tyndall bridge. The fishing is awesome and the water is well suited for kayaking, canoeing, or any size boat you have. Come check out this over 2 acre lot with approx. 300 ft of water frontage. The zoning is Bay County Conservation Habitation (CSVH) which allows residential uses. If interested, there is an additional 81 acres available for $999,999. MLS # 695288

Hotelan Bluff Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$1,250,000

4 Beds ⋅ 5 Baths ⋅ 782809 MLS

Waterfront elegance meets modern luxury in this stunning Intracoastal home located within a private gated community. Enjoy sweeping water views from the primary bedroom and multiple balconies designed for seamless indoor-outdoor living. This fully remodeled residence features four bedrooms, each with its own private full bathroom, offering both comfort and privacy for family and guests. The gourmet kitchen is a true showpiece, boasting quartz countertops, a copper farmhouse sink, induction cooktop with downdraft, drawer microwave, and double wall ovens with air-fryer functionality. High end lighting over the large island. Plenty of room for seating or entertaining. The family room is beautifully appointed with surround sound, custom built-ins, crown molding, glass cabinetry, coffee bar. The Dining Room has spectacular view of the water and sunsets. The primary suite is a luxurious retreat featuring a spa-like en suite with a clawfoot soaking tub, double vanities, and an expansive custom walk-in closet. Low HOA. This home features its own deeded dock. This home has been thoughtfully renovated throughout and delivers refined coastal living with exceptional attention to detail.

6724 Yacht Club Drive, Panama City

Listing courtesy of Keller Williams Realty Emerald Coast.

$999,999

695288 MLS

This incredible 86.81 acres vacant land sits on a high bluff some 20-30 feet above the water. Aprox. 400 feet waterfront. What an incredible location to build your own private and fascinating estate set amid privacy, you could even have horses here, and the water depth just right off the shore is an incredible 12 ft deep, so bring your yacht up into this private and protected cove! Old boat dock on property - unsure of condition. Paved public boat ramp nearby. Another 425 feet of waterfront and 3.73 acres can be added to this parcel for additional dollars if someone wants more water frontage.

Laura Bluff Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$612,000

774974 MLS

This exceptional waterfront property on East Bay offers approximately 102 acres, subdivided from a total parcel of 307 acres. The seller is providing an opportunity for you to acquire a substantial piece of land where you can construct your dream home with deep water access on East Bay, situated across from Tyndall and adjacent to the intercoastal waterway. This expansive home site allows for multiple possibilities: you could build several residences to create a family compound. The property is suitable for living the great outdoor life; create walking trails, ride 4 wheelers, have your own horse farm with plenty of room to ride, grow your own vegetable and herb gardens, raise chickens and other farm animals. It also holds great potential for a corporate retreat, imagine water sports, hiking, bonfires, hunting or shooting range, outdoor pavilions, and individual cabins. There is so much you can do on 100+ acres. The site boasts between 850 to 1000 feet of waterfront frontage and over 800 feet of road frontage giving you plenty of privacy. Currently, the land features planted pines, some hardwood trees, and abundant wildlife. Enthusiasts will find exceptional fishing opportunities and various water sports right at their doorstep. Additionally, it is common to spot dolphins swimming in the bay in front of the property. Zoning is Bay County CSVH - Conservation Habitation. Zoning uses are attached in documents.

Parcel 1 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$612,000

774977 MLS

Parcel 2 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$199,000

761821 MLS

**Discover Your Coastal Retreat** Welcome to this exceptional property, perfectly positioned just 2 minutes from the S Burnt Mill Creek boat ramp. Situated on a generous lot, this gem offers an idyllic setting for fishing enthusiasts, with effortless access to Pier Park and Lynn Haven, each only a convenient 20-minute drive via Route 388. As Bay County's real estate scene heats up with exciting developments from St. Joe and Lattitudes Margaritaville, this location stands out as one of the area's most sought-after destinations. For those who travel frequently, you'll appreciate the property's proximity to the ECP airport, just a 7-minute drive away. Although only a short distance from the lively beaches, this property offers a serene retreat, allowing you to experience a unique slice of Florida's paradise. With a public boat ramp just 0.3 miles away, you have direct access to West Bay and a route to the Gulf of Mexico. The property benefits from the privacy of a conservation area to the north, ensuring a tranquil and natural backdrop. Whether you prefer to enjoy nature from the comfort of your home or embark on waterfront adventures, this property provides endless possibilities for coastal living. Wildlife enthusiasts will delight in frequent sightings of Bald Eagles, Osprey, and Dolphins. Anglers can take advantage of the diverse species available right off the dock, including Red Fish, Spotted Sea Trout, and Catfish. Kayaking and paddleboarding are also easily accessible, adding to the appeal of this waterfront haven. Don't miss the opportunity to experience this incredible property for yourself. Come and see the potential today!

9399 S Burnt Mill Creek Road, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$3,750,000

729404 MLS

Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.

00 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$2,150,000

727082 MLS

Here is just an incredible 307 acre parcel in the Allanton Community of East Bay. There is over a 1/2 mile of waterfront. The property has been planted over the years and has pines on it. See attached document for a detailed breakdown of the acreage. Located near the Eastern Shipbuilding Company and along the intracoastal waterway, you can take boats through the intracoastal to anywhere. Also, it's not a far distance out to the bay and Gulf of Mexico. There is the ability to purchase more contiguous properties for a total of 703 acres. Also, this 307 acre parcel can be subdivided into smaller parcels, see MLS # 774974, 774977, and 774978.

Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$328,500

3 Beds ⋅ 3 Baths ⋅ 749167 MLS

Bay Waterfront! Enjoy this spectacular view all day everyday on your enclosed porch or master bedroom balcony. Wake up to this awesome view! This townhouse features tile flooring in foyer, kitchen, baths and laundry room. Updated fully equipped kitchen with granite countertops and appliances, open breakfast bar to the living room and dining with bay view, half bath and laundry room on first level. Master bedroom and updated bath, two guest bedroom and full bath. Roof and AC 3 years new. This fabulous townhome is minutes to Tyndall Air Force Base, shopping and restaurants. Fish from your backyard, association includes pool, lighting ingress and egress driveway and common areas.

6083 E Highway 98, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

$618,000

774978 MLS

This exceptional waterfront property on East Bay offers approximately 103 acres, subdivided from a total parcel of 307 acres. The seller is providing an opportunity for you to acquire a substantial piece of land where you can construct your dream home with deep water access on East Bay, situated across from Tyndall and adjacent to the intercoastal waterway. This expansive home site allows for multiple possibilities: you could build several residences to create a family compound. The property is suitable for living the great outdoor life; create walking trails, ride 4 wheelers, have your own horse farm with plenty of room to ride, grow your own vegetable and herb gardens, raise chickens and other farm animals. It also holds great potential for a corporate retreat, imagine water sports, hiking, bonfires, hunting or shooting range, outdoor pavilions, and individual cabins. There is so much you can do on 100+ acres. The site boasts between 850 to 1000 feet of waterfront frontage and over 800 feet of road frontage giving you plenty of privacy. Currently, the land features planted pines, some hardwood trees, and abundant wildlife. Enthusiasts will find exceptional fishing opportunities and various water sports right at their doorstep. Additionally, it is common to spot dolphins swimming in the bay in front of the property. Zoning is Bay County CSVH - Conservation Habitation. Zoning uses are attached in documents.

Parcel 3 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

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