Panama City Homes with Lake Waterfront Features

Welcome to Panama City, Florida—a hidden gem nestled along the stunning shores of the Gulf of Mexico. Known for its warm, inviting climate and beautiful landscapes, Panama City is a vibrant coastal city that offers a unique blend of small-town charm and modern amenities. With its rich history, diverse culture, and an array of recreational activities, it’s no wonder that residents and visitors alike fall in love with this picturesque locale.

One of the standout features of Panama City is its breathtaking waterfront properties. Imagine waking up each morning to the soothing sights and sounds of the water right outside your window. Homes with lake waterfront features are increasingly sought after in this area, offering a serene escape from the hustle and bustle of everyday life. Whether you’re looking for a cozy cottage or a sprawling estate, these properties provide unparalleled access to nature and outdoor activities. Enjoy kayaking, fishing, or simply relaxing on your private dock as you soak in the stunning views of the lake.

The community is also known for its friendly atmosphere and strong sense of belonging. With excellent schools, vibrant local businesses, and a plethora of parks and recreational facilities, Panama City is an ideal place for families, retirees, and anyone looking to enjoy a peaceful lifestyle by the water.

Explore the charm of Panama City and discover the perfect lakefront home that meets your needs and dreams. Your waterfront oasis awaits!

Newest Panama City Homes with Lake Waterfront Features

$350,000

5 Beds ⋅ 3 Baths ⋅ 792672 MLS

Welcome to Barrett Park, where space, comfort, and convenience come together. This 5-bedroom, 2.5-bath home offers over 2,700 square feet of living space, making it ideal for growing families, multi-generational living, or anyone needing room to spread out. Situated on a spacious lot with no rear neighbors, you'll enjoy added privacy and a large backyard perfect for entertaining, kids, pets, or even adding your dream outdoor living space. Located just minutes from shopping, restaurants, schools, medical facilities, and everyday conveniences, Barrett Park also offers an easy commute to Tyndall Air Force Base and is approximately 30 minutes from the white-sand beaches and world-famous attractions of Panama City Beach. Whether you're looking for extra bedrooms, dedicated office space, or simply a home that offers room to grow, this property checks all the boxes while keeping you close to everything Bay County has to offer.

7125 Riverbrooke Street, Panama City

Listing courtesy of Dalton Wade Inc.

$425,000

3 Beds ⋅ 2 Baths ⋅ 792171 MLS

Experience the best of lakeside living on beautiful Lake Marin! This well-maintained 3 bedroom, 2 bath home features a desirable split floor plan designed for both comfort and privacy. The spacious living and dining areas flow seamlessly into a large family room, where expansive lake views create the perfect backdrop for everyday living. Step outside to your private backyard oasis and unwind on the patio. Ideal for grilling, entertaining, or simply soaking in breathtaking sunset views over the water. Enjoy endless outdoor recreation with fishing, kayaking, and paddle boarding right from your own backyard. Conveniently located near shopping, dining, schools, and medical facilities, this home offers the perfect combination of peaceful waterfront living and everyday convenience. This Lake Marin home is one you won't want to miss! *The Seller shall provide the Buyer with a credit of $3,500.00 at closing to be applied toward the purchase of appliances.*

220 Lakeridge Drive, Panama City

Listing courtesy of Coldwell Banker Realty.

$989,000

6 Beds ⋅ 4 Baths ⋅ 791960 MLS

ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!* Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, or enjoying a sunset cruise, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, this home stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfront estates.

147 Lake Merial Shores Drive, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$765,000

4 Beds ⋅ 3 Baths ⋅ 791844 MLS

Welcome to your custom waterfront retreat on the shores of Deer Point Lake, where comfort, style, and stunning views come together with no HOA. This beautifully designed 4 bedroom, 3 bath home offers the perfect blend of luxury and functionality. From the moment you step inside, you are greeted by soaring beamed ceilings in the living room, creating a warm yet impressive gathering space filled with natural light. Just off the entry, a spacious home office sits behind a custom barn door, ideal for remote work or a quiet flex space. Across the hall, the formal dining room showcases a striking wood ceiling and detailed molding, adding charm and character. The heart of the home is the open concept kitchen, featuring a custom copper farmhouse sink, modern cabinetry, stone backsplash, and a large breakfast bar perfect for family and entertaining. Flowing seamlessly into the living area, you will find built in bookshelves, an electric fireplace, and beautiful views of the oversized screened porch and lake beyond. Designed with a split floor plan, one side of the home offers three oversized bedrooms and two full baths, providing comfort and privacy for family or guests. On the opposite side, the spacious primary suite serves as a true retreat, complete with room for a sitting area, a spa like bathroom with dual shower heads, soaking tub, walk in closet, and private patio access with breathtaking lake views. Outside is where this home truly shines. Relax on the large screened porch, sip your morning coffee overlooking the water, or head down to the brand new dock for easy access to everything Deer Point Lake has to offer. Thoughtfully designed inside and out, this exceptional lakefront home offers peaceful waterfront living in Panama City with space to grow, entertain, and make lifelong memories.

6319 Oak Knoll Road, Panama City

Listing courtesy of Simply South Realty.

$349,000

1 Beds ⋅ 2 Baths ⋅ 791661 MLS

Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

9902 S Thomas Drive Unit 1635, Panama City

Listing courtesy of Realty One Group Emerald Coast.

$339,900

4 Beds ⋅ 2 Baths ⋅ 791620 MLS

Experience the perfect blend of peaceful waterfront living and everyday convenience in this beautiful home situated on a spring-fed lake. Featuring 9-foot ceilings and an open-concept design, the home offers a spacious and inviting atmosphere from the moment you walk in. The heart of the home is the stunning kitchen, complete with a large center island, ample cabinet space, and plenty of room for gathering with family and friends. Large windows showcase serene water views and fill the home with natural light. Step outside and enjoy fishing right from your backyard, or take a short drive to nearby Deer Point Lake for boating, fishing, and endless outdoor recreation. Conveniently located just 10 minutes from the center of town and only 5 minutes from shopping, restaurants, and everyday essentials, this property offers the lifestyle you've been looking for without sacrificing convenience. Whether you're enjoying your morning coffee overlooking the water, spending afternoons on the lake, or hosting friends and family, this home is designed to help you make the most of Florida living.

6922 Bayou George Drive, Panama City

Listing courtesy of EXP Realty LLC.

$399,000

3 Beds ⋅ 3 Baths ⋅ 791544 MLS

BIG LAYOUT. BIG VIEWS. BIG OPPORTUNITY. Best-priced Gulf-view 3-bedroom + bunk condo with 3 full bathrooms in Laketown Wharf. Do not miss this opportunity. Enjoy Gulf views from the 16th floor in this spacious 3-bedroom, 3-bathroom condo with a separate bunk area. Offered fully furnished, the unit features LVP flooring throughout, king-sized beds in all three bedrooms, stainless steel appliances, flat-screen TVs, and a washer and dryer. The oversized balcony captures beautiful views of Panama City Beach's eastern coastline, creating an inviting outdoor space for coffee, coastal views, or unwinding after time at the beach. This condo is turn key and move-in ready! Laketown Wharf is known for its extensive amenity package, including five pools, two hot tubs, a Gulf-view fitness center, pickleball courts, mini golf, a playground, a 52,000-square-foot lakefront boardwalk with a nightly fountain and light show, gated beach access next door to Pineapple Willy's, on-site dining and entertainment, two parking garages, barbecue areas, pet areas, and additional resort conveniences. HOA dues are $1,358 per month and include water, sewer, trash, cable/TV, pest control, WiFi, and access to amenities. Nearby attractions continue to add momentum to this part of Panama City Beach, including Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and newly opened Tootsie's Orchid Lounge. All information is deemed reliable but should be verified by the buyer if important.

9860 S Thomas Drive Unit 1612, Panama City

Listing courtesy of Coldwell Banker Realty.

$158,400

2 Beds ⋅ 2 Baths ⋅ 791465 MLS

12030 Raintree Dr, Unit C is a fully renovated unit with all new stainless steel appliances, setting the foundation for a modern kitchen. It offers comfortable living with 2 bedrooms and 2 baths, perfect for anyone looking for a place in a peaceful community. The unit is situated on a beautiful pond in a well maintained setting with a fair HOA of just $400 annually. This move in ready home is an ideal option for anyone looking to own a waterfront style home in Lakeview Villages.

12030 Raintree Drive Unit C, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$415,000

4 Beds ⋅ 2 Baths ⋅ 790963 MLS

Don't miss this opportunity to own a charming waterfront-view home situated on a spacious .38-acre lot. Featuring 4 bedrooms, 2 full bathrooms, an oversized attached 2-car garage, and a large driveway, this property has the perfect combination of space, comfort, and functionality. Enjoy scenic water views from your backyard and take advantage of the expansive outdoor space, perfect entertaining, gardening, recreation, or simply relaxing in a peaceful setting. With plenty of room both inside and out, this home provides the tranquil lifestyle you've been searching for while still offering all the conveniences of everyday living.

6659 Fox Lake Drive, Panama City

Listing courtesy of Beycome of Florida LLC.

$35,000

790808 MLS

Discover the opportunity to build your dream home on this waterfront residential lot in the peaceful Southport area. Positioned along a creek that flows directly into Deer Point Lake, this property offers a unique setting where nature, recreation, and waterfront living come together. Enjoy the sights and sounds of the water right from your backyard, with easy access to one of Bay County's most treasured freshwater destinations. Deer Point Lake spans thousands of acres and is well known for boating, kayaking, canoeing, paddleboarding, fishing, and wildlife viewing. The creek frontage provides a scenic backdrop while creating a direct connection to the expansive waters of the lake. Whether you're looking for a private homesite, a weekend retreat, or a place to enjoy Florida's outdoor lifestyle year-round, this property delivers a rare opportunity to own waterfront land with access to Deer Point Lake's vast network of waterways. Spend your days fishing for bass, bream, and crappie, exploring the shoreline by kayak, or simply relaxing while taking in the natural beauty that surrounds you. Conveniently located just a short drive from Panama City, Lynn Haven, schools, shopping, and dining, this waterfront property offers the perfect balance of privacy and accessibility. Build the home you've always envisioned and enjoy the waterfront lifestyle that makes this area so special.

Panama City

Listing courtesy of Think Real Estate.

$1,399,000

3 Beds ⋅ 4 Baths ⋅ 790734 MLS

LUXURY LAKEFRONT ESTATE IN GATED CEDAR CREEK COMMUNITY - Experience exceptional lakefront living in this stunning Arthur Rutenberg custom-built home, perfectly situated on 1.9 private acres within the prestigious gated Cedar Creek community. Designed with both elegance and comfort in mind, this meticulously maintained 3-bedroom, 4-bath residence offers breathtaking water views, premium finishes, and resort-style outdoor amenities. Inside, you'll find soaring tray ceilings, extensive crown molding, and ceramic tile flooring throughout. Large energy-efficient windows fill the home with natural light while providing unobstructed panoramic views of the lake from nearly every room. The gourmet kitchen is a chef's dream, featuring a spacious center island, double ovens, gas cooktop, Sub-Zero refrigerator, oversized pantry, and an abundance of custom cabinetry. Whether entertaining guests or preparing family meals, this thoughtfully designed space offers both beauty and functionality. A rare and desirable feature, this home could easily be described as having three master suites, as each bedroom includes its own private bathroom. All three en-suite baths feature luxurious zero-entry tiled showers, creating a spa-like experience for family and guests alike. The expansive covered lanai serves as an outdoor living room, complete with a fireplace, television, and ample space for relaxing, entertaining, or simply enjoying spectacular lake views year-round. Car enthusiasts and hobbyists will appreciate the oversized garage with room for up to four vehicles. A large circular driveway and substantial stone-paver parking pad provide additional convenience and impressive curb appeal. The beautifully landscaped grounds showcase mature fruit trees, including satsuma, apple, and pear varieties. The fenced backyard is designed for both recreation and functionality, featuring a 24' x 28' workshop/storage building, private boat ramp, dock, and covered boathouse equipped with a boat lift--offering direct access to the lake for fishing, boating, and watersports. This extraordinary property combines luxury craftsmanship, privacy, and waterfront living in one exceptional offering. Don't miss the opportunity to own one of Cedar Creek's most impressive lakefront estates.

9701 Summer Creek Drive, Panama City

Listing courtesy of Anchor Realty Florida.

$526,900

3 Beds ⋅ 2 Baths ⋅ 790710 MLS

Boater's Paradise on Deer Point Lake! Welcome to 7248 W. Lakeland Drive, a rare waterfront gem offering approximately 250 feet of water frontage along the side and rear of the property. Ideally situated on a canal, this home captures stunning views of the expansive, deep waters of Deer Point Lake and delivers the ultimate Florida waterfront lifestyle. With direct water access, this property is perfect for boating, fishing, kayaking, and lakefront living right from your backyard. The surrounding water front provides ample depth for boating, allowing easy access to the deep waters of Deer Point Lake, an ideal setup for avid boaters and water enthusiasts. Nestled in a quiet, established neighborhood, the home offers a peaceful setting while remaining conveniently close to shopping, dining, schools, and Tyndall Air Force Base. Inside, the functional, light filled floor plan features rich Brazilian cherry hardwood flooring, a cozy fireplace, and an oversized screened in porch overlooking the water, perfect for relaxing and entertaining, as well as a side porch. In addition to the three bedrooms, the home includes a versatile 12' x 12' bonus room that offers a plethora of possibilities. This flexible space can easily be used as a fourth bedroom, home office, exercise room, hobby space, or guest retreat, allowing you to tailor the home to your lifestyle needs. Outdoors, the expansive waterfront yard offers endless possibilities, including ample space for a swimming pool, outdoor entertaining areas, additional outbuildings, or simply relaxing while taking in the breathtaking lake views and unforgettable sunsets. Whether you're searching for a full time residence, a weekend retreat, or a long term investment, this exceptional Deer Point Lake property offers location, lifestyle, and remarkable water frontage, an excellent opportunity in Bay County, FL. Schedule your private showing today and experience waterfront living at its finest.

7248 W Lakeland Drive, Panama City

Listing courtesy of Corcoran Reverie.

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