Panama City Homes under $400,000

Panama City Homes under $400,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Panama City and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Panama City Homes under $400,000

6211 Thomas Drive Unit 505, Panama City
$359,900
1 Beds ⋅ 2 Baths ⋅ 796496 MLS
GULF VIEWS, SUGAR-WHITE SANDS & LOW-DENSITY BEACH LIVING! Looking for a beach condo without the crowds and feel of a towering high-rise? Welcome to Mariner East, a desirable, low-density Gulf-front community in Panama City Beach with just 58 units! This fifth-floor, 1-bedroom, 2-bath condo offers the appeal of a smaller beachfront complex while keeping you close to everything that makes coastal living special. Designed for relaxing getaways and memorable beach vacations, this condo comfortably sleeps up to six guests with a king bed in the primary bedroom and its own private bathroom, a separate bunk room with bunk bed, and a brand-new Murphy bed in the living room. Recent 2026 updates include a new living room couch, dining table, Murphy bed, and primary bedroom mattress. Step onto the spacious, covered balcony and enjoy beautiful Gulf views overlooking the community pool. It's the perfect place to sip your morning coffee, enjoy the coastal breeze, or unwind after a day on the beach. Mariner East amenities include a Gulf-front pool, fitness area, game room, shuffleboard, tennis courts and direct beach access. Just outside the front door, a spacious storage unit offers plenty of room for beach toys and gear, along with a convenient location for the washer and dryer. Located on the desirable east end of Panama City Beach, you're minutes from Naval Support Activity Panama City, local restaurants, shopping, St. Andrews State Park, and Shell Island. Whether you're searching for a second home, a personal beach escape, or a short-term rental investment, Mariner East offers the opportunity to enjoy Gulf-front living in a more intimate, low-density setting. Skip the massive high-rise and discover the charm of beach living at Mariner East! All measurements are approximate and should be verified by the buyer if important.

6211 Thomas Drive Unit 505, Panama City
340 Bridge Harbor Drive, Panama City
$329,900
4 Beds ⋅ 2 Baths ⋅ 796495 MLS
UPGRADED BEYOND BUILDER STANDARD IN BRIDGE HARBOR! Comfort, convenience, and thoughtful improvements come together at 340 Bridge Harbor Drive. This beautifully well maintained 4-bedroom, 2-bath transitional style home offers approximately 2,031 square feet, with an open-concept floor plan, with a convenient location directly across from the community pool and mailboxes. Inside, enjoy fresh paint throughout, new bedroom carpeting, upgraded bathrooms, with an enhanced kitchen with new appliances, an a upgraded propane gas stove, a new refrigerator with a craft ice maker. Practical upgrades include smart-home technology, a smart garage door opener, whole-home electrical surge protection, a hardwired portable-generator connection, hurricane-prepared window covers, and Cat 6 internet wiring in two bedrooms. Outside, the screened porch and patio provide space to unwind with peaceful wooded views. A low-maintenance yard and in-ground sprinklers simplify upkeep. Meticulously maintained and move-in ready, this home delivers improvements you can appreciate from day one. Schedule your showing today!

340 Bridge Harbor Drive, Panama City
3421 Picadilly Lane, Panama City
$339,900
3 Beds ⋅ 2 Baths ⋅ 796482 MLS
MUST SEE IN PERSON!! 3421 Picadilly Ln has been meticulously taken care of. This 3-bedroom, 2-bath home offers comfortable living! The spacious kitchen features stainless steel appliances, and room for many memories around the kitchen table! This home offers an enclosed sunroom to enjoy all year round and provides additional space to relax and enjoy views of the backyard. Outside, the large fully fenced backyard offers plenty of room for kids, pets, entertaining, and even a future pool. It is conveniently located close to Tyndall Air Force Base and a short drive to beautiful beaches, dining, shopping, and attractions of Panama City Beach. With parks, boating, fishing, and plenty of family-friendly activities nearby, this home is a wonderful opportunity to enjoy the best of the Panama City lifestyle!

3421 Picadilly Lane, Panama City
6123 Cherry Street, Panama City
$175,000
2 Beds ⋅ 2 Baths ⋅ 796488 MLS
BEAUTIFULLY RENOVATED | OVERSIZED CORNER LOT | MOVE-IN READY | PRICED TO SELL! Welcome to 6123 Cherry Street, Panama City! This beautifully updated 2-bedroom, 2-bathroom home features brand-new laminate wood flooring, fresh paint throughout, and attractive modern finishes. Situated on a spacious oversized corner lot with a fully fenced yard, offering exceptional privacy and plenty of room for pets, entertaining, and outdoor enjoyment! EXCELLENT LOCATION! Conveniently located near Tyndall Air Force Base, Tyndall Parkway shopping, restaurants, grocery stores, and local schools. Enjoy nearby John B. Gore Park, waterfront recreation, boating, fishing, and easy access to Downtown Panama City, Mexico Beach, and the beautiful white-sand beaches of Panama City Beach! EXCEPTIONAL VALUE! Completely refreshed and move-in ready, this property is perfect as a primary residence, vacation getaway, or investment opportunity. MOTIVATED SELLER! PRICED TO SELL! QUICK CLOSING PREFERRED! ALL OFFERS WELCOME! Don't miss this incredible opportunity. Schedule your showing today!

6123 Cherry Street, Panama City
2822 Agnes Scott Drive, Panama City
$384,900
4 Beds ⋅ 3 Baths ⋅ 796476 MLS
Stunning all-brick home in centrally located Panama City. Featuring over 2,200 sq. ft. of heated and cooled living space, this 4-bedroom, 3-bathroom gem with a private pool is a rare find. The bright, open floor plan welcomes you the moment you step inside. Updates include a completely remodeled kitchen, updated bathrooms, new flooring, crown molding, and fresh paint. Key upgrades feature a new HVAC, a new pool, and a new storm drainage system. All measurements are approximate and should be verified.

2822 Agnes Scott Drive, Panama City
5704 Ivy Road, Panama City
$279,900
3 Beds ⋅ 2 Baths ⋅ 796462 MLS
Welcome to 5704 Ivy Road, a cozy 3-bedroom, 2-bath home tucked into the heart of Callaway on a spacious .33-ACRE LOT! With 1,629 square feet, this home offers a comfortable, functional layout with plenty of room to make it your own. Following Hurricane Michael in 2018, the home was taken down to the studs and underwent COMPLETE INTERIOR RENOVATIONS, giving the home a fresh start while still maintaining the warm, lived-in character of the home. Outside, the oversized lot offers plenty of space to enjoy, with a SPRINKLER SYSTEM conveniently supplied by well water to help keep the yard maintained without relying on the home's main water source. Location is another major highlight. Just approximately 4 MILES FROM TYNDALL AIR FORCE BASE, this home puts you minutes from everyday conveniences throughout Callaway, including Aldi, Walmart, coffee shops, restaurants, shopping, and more. If you're looking for a home that feels comfortable and inviting, offers a little more yard than you typically find, and keeps you close to both Tyndall AFB and everything you need day to day, this one is worth a look!

5704 Ivy Road, Panama City
17670 Front Beach Road Unit D3, Panama City
$225,000
1 Beds ⋅ 1 Baths ⋅ 796491 MLS
Welcome to Southwinds Unit D3! This is the 1 bedroom + 1 Bathroom condo floor plan with built in hallway bunks which makes for a perfect beachside getaway! This complex is located on the quieter west end of Panama City Beach just steps away from Public Beach Access #72 and the white sands and emerald waters of the Gulf! This unit is ground-level right next to the pool and parking. Unit comes fully furnished and is on an active short term rental program.

17670 Front Beach Road Unit D3, Panama City
3101 W 22nd Street, Panama City
$185,000
3 Beds ⋅ 2 Baths ⋅ 796487 MLS
BEAUTIFULLY RENOVATED BRICK HOME | OVER $38,000 IN UPGRADES | OVERSIZED CORNER LOT | MOVE-IN READY!INCREDIBLE VALUE IN BEAUTIFUL PANAMA CITY, FLORIDA! Discover this beautifully updated 3-bedroom, 1.5-bath single-family brick home, situated on a spacious, oversized corner lot and featuring OVER $38,000 IN RECENT RENOVATIONS AND IMPROVEMENTS! Step inside to enjoy a fresh, modern interior featuring gorgeous new laminate wood flooring, freshly painted walls throughout, and an upgraded kitchen showcasing BRAND-NEW CABINETRY AND STAINLESS-STEEL APPLIANCES! The home's classic brick exterior and durable metal roof offer timeless appeal, while the generously sized fenced-in outdoor patio provides an inviting space for entertaining, relaxing, or enjoying Florida's beautiful weather. An additional outdoor utility shed offers valuable extra storage. LOCATION, LIFESTYLE & CONVENIENCE! Enjoy everything Panama City and Florida's spectacular Emerald Coast have to offer! Explore vibrant Downtown Panama City, with its waterfront attractions, restaurants, boutiques, and entertainment. Discover charming Historic St. Andrews, scenic waterfront parks, boating, fishing, and outdoor recreation. The area offers access to Bay District Schools, shopping centers, and everyday conveniences. Just beyond Panama City, enjoy the world-famous white-sand beaches, emerald-green waters, and popular Pier Park shopping and entertainment destination in Panama City Beach!EXCEPTIONAL VALUE AND COMPLETELY MOVE-IN READY! With more than $38,000 invested in improvements, this home presents an outstanding opportunity to enjoy modern updates, generous outdoor space, and the sought-after Northwest Florida coastal lifestyle without the hassle of renovating. MOTIVATED SELLER! QUICK CLOSING PREFERRED! Don't miss your opportunity to own this beautifully refreshed brick home at an attractive price. Schedule your private showing today and make this Panama City gem yours!

3101 W 22nd Street, Panama City
7208 Ranier Street, Panama City
$328,000
3 Beds ⋅ 2 Baths ⋅ 796437 MLS
**VA ASSUMABLE LOAN WITH AN ATTRACTIVE 3.1% INTEREST RATE!** Welcome to 7208 Ranier Street, a beautiful home situated on a spacious half-acre lot with NO HOA! The fully fenced backyard offers plenty of room for boat or RV parking, outdoor activities, and even backyard chickens, subject to applicable local regulations. Step inside and immediately appreciate the soaring cathedral ceilings and abundance of natural light that fills the main living areas. The impressive ceiling height creates an open, airy atmosphere, making the home feel even more spacious and inviting. Luxury vinyl plank flooring flows throughout the main living areas and bathrooms, while two downstairs bedrooms feature comfortable carpeting. Upstairs, you'll find a private primary suite thoughtfully tucked away from the rest of the home. This retreat features a custom barn door, a bathroom with beautiful subway tile accents, and a generous walk-in closet. With its unique architectural features, spacious lot, and freedom of no HOA, this property offers a wonderful combination of comfort, character, and flexibility. **Don't miss the opportunity to explore the potential savings of an assumable VA loan with a 3.1% interest rate!** Schedule your private showing today!

7208 Ranier Street, Panama City
124 Cheri Lane, Panama City
$95,000
2 Beds ⋅ 2 Baths ⋅ 796427 MLS
This 2-bedroom, 1.5-bath townhome offers an excellent opportunity for homeowners and investors alike. The two-story layout features a spacious living area with tile flooring, a functional kitchen, convenient laundry room, and bedrooms with wood-look flooring. The property also features a metal roof and a covered front entry. Conveniently located in Parker, with easy access to shopping, dining, schools, and Tyndall Air Force Base. This townhome is in need of some TLC and cosmetic improvements, offering buyers the opportunity to make updates to suit their personal style. Whether you're looking for a primary residence or investment property, this townhome offers plenty of potential. Property is being sold as-is.

124 Cheri Lane, Panama City
1025 W 19th Street Unit 14D, Panama City
$220,000
3 Beds ⋅ 2 Baths ⋅ 796415 MLS
Welcome to Dellwood Estates in Panama City, Florida. One of the largest units available! Also in the most spacious location! This charming unit offers a comfortable and convenient place to call home in a well-established community. No yard maintenance required except your very own garden space that is fenced off for privacy and enjoyment. Community Pool and Tennis Courts on site! Whether you're looking for a primary residence, a low-maintenance getaway, or an investment opportunity, this property is worth a look. Spacious green spaces all around. 3 Parking Spaces available at the front sidewalk of the home with more visitor parking spaces available. Inside, you'll find a functional layout with comfortable living spaces, a well-appointed kitchen, and bedrooms designed for everyday living and relaxation. The home offers the convenience of easy living without the upkeep of a traditional single-family property. Located in Panama City, you'll be close to shopping, restaurants, schools, medical facilities, and everything the area has to offer. Enjoy easy access to Panama City Beach, beautiful Gulf waters, and the many outdoor activities that make Bay County such a desirable place to live. Come see what makes this Dellwood Estates unit a great opportunity in the Panama City market! HOA covers yard maintenance 2x per week, WiFi, community maintenance, community dump area (not household garbage), long term storage area available for trailers, RV or boat storage & pool upkeep. Home is completely handicap accessible.

1025 W 19th Street Unit 14D, Panama City
4055 Brook Stone Drive, Panama City
$330,000
3 Beds ⋅ 2 Baths ⋅ 796401 MLS
Welcome to 4055 Brook Stone Dr - a home that just feels good from the moment you walk through the door. Tucked away in the inviting Plantation Park neighborhood, this 3-bedroom, 2-bath home offers approximately 1,490 square feet of comfortable, easy living with a layout that feels warm, welcoming and ready for your next chapter. Step inside and imagine everyday life here - slow mornings with coffee in the kitchen, dinner around the table, movie nights curled up on the couch and weekends spent simply enjoying home. The kitchen features beautiful granite countertops and flows naturally into the living spaces, creating a comfortable setting for both quiet evenings and time spent with the people you love. The primary bedroom offers a relaxing place to unwind at the end of the day, while two additional bedrooms provide plenty of flexibility for family, guests, a home office or hobbies. With two full baths, a garage and a thoughtfully designed floor plan, this home offers the space you need without feeling like more house than you want to maintain. Outside, there's room to enjoy the Florida sunshine, fire up the grill or simply relax on the screened patio at the end of the day. And when you do venture out, you're conveniently located near shopping, dining, schools, boat ramps and the everyday conveniences of Panama City and Lynn Haven. Whether you're searching for your first home, your next home or a place to simplify and settle in, 4055 Brook Stone Dr has that special quality that's hard to describe but easy to recognize - you can picture yourself living here. Come inside, get comfortable and stay awhile. This just might be the one that feels like home.

4055 Brook Stone Drive, Panama City
Start Your Search