Panama City Beach Homes under $300,000

Panama City Beach Homes under $300,000

Welcome to Panama City Beach, Florida – where the sun kisses the sandy shores and vibrant coastal living comes alive! Nestled in Bay County, this enchanting city is renowned for its stunning beaches, crystal-clear waters, and a laid-back lifestyle that attracts visitors and residents alike. Whether you’re looking for a vacation getaway or a permanent residence, Panama City Beach offers a unique blend of natural beauty and modern amenities.

One of the highlights of this picturesque locale is the availability of charming homes under $300,000. Yes, you read that right! In a market where affordable housing can often feel like a distant dream, Panama City Beach stands out as a beacon of opportunity. You can find delightful properties that not only fit your budget but also allow you to embrace the coastal lifestyle you’ve always wanted.

Imagine waking up to the sound of waves crashing and enjoying your morning coffee with breathtaking views. With a variety of homes available, from cozy beach cottages to contemporary townhouses, there’s something for everyone. The community is welcoming and vibrant, with plenty of local shops, restaurants, and recreational activities to keep you entertained.

Whether you're an outdoor enthusiast eager to explore the nearby state parks or a foodie ready to indulge in fresh seafood, Panama City Beach has it all. Discover the perfect home in this idyllic paradise and start living the dream – all while staying within your budget! Your slice of Florida paradise awaits!

Newest Panama City Beach Homes under $300,000

306 Carolyn Avenue, Panama City Beach
$299,000
3 Beds ⋅ 2 Baths ⋅ 796135 MLS
Solid brick home, even better neighborhood, and a great opportunity in Panama City Beach's established Woodlawn community. Located at 306 Carolyn Avenue, this 3-bedroom, 2-bath home offers approximately 2,012 square feet of heated and cooled living space, plus an additional approximately 350 square feet in the enclosed sunroom/Florida room that is not included in the reported heated and cooled square footage. Inside, the functional single-story layout includes an open kitchen with breakfast bar, living and dining areas, a dedicated office or study, and flexible bonus space in the enclosed sunroom. The home provides a generous footprint for a buyer looking to update, renovate, personalize, or add value over time. Situated on an approximately 0.23-acre lot, the property features an established yard with irrigation and room for outdoor entertaining, gardening, pets, or future improvements. The Woodlawn neighborhood adds to the appeal with access to a community public boat launch area, while nearby JDF Marina offers added convenience for boat storage, slips, rentals, and access to area waterways, Shell Island, and the Gulf. Enjoy a central Panama City Beach location near beaches, boating, fishing, shopping, dining, entertainment, and everyday conveniences. Whether you are searching for a primary residence, second home, renovation project, or Panama City Beach investment opportunity, 306 Carolyn Avenue offers flexible space, boating access, and potential in a desirable established neighborhood.

306 Carolyn Avenue, Panama City Beach
7679 Grotto Lane Unit 18, Panama City Beach
$289,900
4 Beds ⋅ 3 Baths ⋅ 796074 MLS
NO RENTAL RESTRICTIONS!!! Waypoint by Traton Homes, a vibrant new community of townhomes located on Front Beach Road in Panama City Beach, Florida. Waypoint offers 72 homes just under 3 miles from the beach, 1.5 miles from Dolphin Bay, and approximately 20 miles from the Northwest Florida Beaches International Airport. Residents will enjoy easy access to local attractions, with Pier Park only 7 miles away and Hathaway Bridge nearby, serving as the gateway to Panama City proper. The community is also conveniently situated near the Naval and Coast Guard bases. Each townhome features 3 or 4 bedrooms, including a bedroom with a full bath on the main level. The open concept living space includes a modern kitchen with an island, a dining area, and a family room that opens to a private back patio. Upstairs, the spacious owner's suite offers a walk-in closet, and an ensuite bath with a double vanity, a shower, and a separate water closet. Two additional bedrooms, an additional full bath, and a conveniently located laundry room complete the upper level.

7679 Grotto Lane Unit 18, Panama City Beach
17614 Front Beach Road Unit E3, Panama City Beach
$215,000
1 Beds ⋅ 1 Baths ⋅ 796037 MLS
This condo is perfectly located on the west end of Panama City Beach and works great as a short-term rental, second home, or primary residence. It's just steps from the beach access and sits right by the pool in the backyard, making it super convenient for beach and pool days. Whether you're looking for a place to enjoy yourself or an investment with solid rental potential, this condo offers an easy, laid-back beach lifestyle in a great location.

17614 Front Beach Road Unit E3, Panama City Beach
509 Pinetree Drive Unit A & B, Panama City Beach
$279,997
3 Beds ⋅ 3 Baths ⋅ 796030 MLS
INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential. Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, this property offers flexibility that's increasingly hard to find in Panama City Beach. Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring your vision and take advantage of this rare west-end opportunity!

509 Pinetree Drive Unit A & B, Panama City Beach
9902 S Thomas Drive Unit 1835, Panama City Beach
$250,000
1 Beds ⋅ 2 Baths ⋅ 796028 MLS
What makes a vacation condo stand out to guests? Start with a view they'll want to photograph. Unit 1835, located across from the Gulf becomes part of the experience--morning coffee with a coastal backdrop, an afternoon break between outings, and a place to unwind when the day winds down. Come tour this 18th-floor condo and see how that view shapes the space. Inside, the open living and dining area offers a comfortable place to gather after a day at the beach. A full kitchen gives owners and guests the flexibility to make breakfast before heading out, bring lunch back between swims, or enjoy an easy dinner in. The additional sleeping space adds versatility for visitors traveling together. Unit 1835 has the everyday comforts people appreciate on a longer stay, while its balcony and resort setting deliver the sense of escape they came to Panama City Beach to find. For an investor, the appeal extends beyond the condo door. Laketown Wharf offers five pools, a fitness center, a lakefront boardwalk, covered parking, and on-site dining. Guests can spend a full day enjoying the resort, head to the beach nearby, or explore the restaurants and entertainment around Panama City Beach. Those choices give visitors plenty to look forward to when planning a trip--and give an owner a distinctive setting to showcase when marketing a stay. Unit 1835 also offers the flexibility to enjoy the property yourself. Picture a spontaneous beach weekend with your own place to return to, time by the pool, and a balcony where you can pause and take in the Gulf view. When you're considering a coastal investment, it helps to find a property you can imagine using as well as sharing with guests. Photos can introduce the view, but a tour lets you experience it from the balcony and walk through the condo's layout for yourself. See the living space, consider how guests would use it, and explore the amenities that make Laketown Wharf a recognizable Panama City Beach destination. Schedule your showing of Unit 1835 and discover its potential firsthand.

9902 S Thomas Drive Unit 1835, Panama City Beach
8700 Front Beach Road Unit 4104, Panama City Beach
$299,000
3 Beds ⋅ 3 Baths ⋅ 796024 MLS
Welcome to resort-style living at Island Reserve! This spacious ground-floor 3-bedroom, 2.5-bath condominium offers approximately 1,761 square feet and an opportunity to make this home your own. Being offered as a VA foreclosure, this property is ready for a new owner to bring their personal touches and vision. Island Reserve is a beautifully maintained gated community in the heart of Panama City Beach, known for its tropical, resort-style atmosphere. Enjoy palm-tree-lined walkways and lush landscaping throughout the community, along with an impressive lagoon-style zero-entry pool featuring a rock waterfall. Community amenities also include a fitness center, indoor basketball and pickleball, game room, media/theater room, hot tub and covered parking garage. The ground-floor location provides convenient access without the need to depend on elevators and makes coming and going a breeze. Centrally located along Front Beach Road with convenient access to the beautiful white-sand beaches of the Gulf of Mexico, shopping, dining, entertainment, golf and everything Panama City Beach has to offer. Whether you're looking for a primary residence or a second home at the beach, this spacious Island Reserve condo offers tremendous potential. Bring your ideas and make Unit 4104 your own piece of paradise in Panama City Beach! VA FORECLOSURE -- property is being sold AS-IS. Buyer to verify all measurements, information and community restrictions if important.

8700 Front Beach Road Unit 4104, Panama City Beach
2340 Grand Oaks Lane, Panama City Beach
$290,000
2 Beds ⋅ 1 Baths ⋅ 795948 MLS
You don't see this style often! This one-of-a-kind Florida cottage has been recently remodeled inside and is ready for you to move in, rent out, or escape to on the weekends. The 2-bedroom, 1-bath layout feels bright and welcoming, and when you open the front French doors, the Gulf breeze flows right through the home. Wraparound porches give you plenty of space to relax with your morning coffee or unwind after a day at the beach, and the rocking chairs convey! Outside, the oversized quarter-acre lot (75 x 145) offers room to spread out, with a fully fenced back yard shaded by mature trees, including a beautiful sycamore. A covered carport for two vehicles, a storage shed for beach gear and tools, and extra space to park the boat or trailer make this property as practical as it is charming. With no HOA and short-term rentals allowed, it's an excellent fit for a vacation rental, second home, or full-time coastal living. Just minutes to the beach, St. Andrews State Park, restaurants, and shopping. Vacant and ready for immediate occupancy. Schedule your showing today!

2340 Grand Oaks Lane, Panama City Beach
9902 S Thomas Drive Unit 1037, Panama City Beach
$219,000
1 Beds ⋅ 2 Baths ⋅ 795907 MLS
Looking For a Condo at the Beach? Same floor as Parking deck Pool, easy walk over the catwalk to the pool and Parking. This Spacious Residence Offers 1BR 2BA + Bunk Room & Can Easily Accommodate 6 People. Being Sold Rental Ready. Laketown Wharf Resort Is in the Heart of All the Fun & Excitement in Panama City Beach Just Steps Away from The World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment. This Beachside Resort Offers all the Amenities with Convenient Beach Access, 5 Pools, A Kids FunScape Playground, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking. Laketown Wharf Offers a Variety of Views Including the Gulf of Mexico, Lake & Golf Course. Enjoy The Nightly Fountain & Light Show & Market Shops Along the Lakefront Boardwalk.

9902 S Thomas Drive Unit 1037, Panama City Beach
14401 Front Beach Road Unit 311, Panama City Beach
$215,000
1 Baths ⋅ 795888 MLS
Turnkey beach investment opportunity at Fontainebleau Terrace! This unit is currentlybeing used as a successful vacation rental and offers an excellent opportunity for an investor, second-home buyer, or anyone looking for their own beach getaway. Located directly across from the beautiful Gulf of Mexico, Fontainebleau Terrace provides convenient beach access and a prime location in the heart of Panama City Beach. Guests and owners can enjoy the coastal lifestyle with dining, shopping, entertainment, and local attractions nearby. Whether you're looking to continue operating the property as a short-term rental or create your own personal beach retreat, this unit offers flexibility in a highly desirable PCB location. Don't miss your opportunity to own a piece of Panama City Beach!

14401 Front Beach Road Unit 311, Panama City Beach
520 N Richard Jackson Boulevard Unit 1804, Panama City Beach
$270,000
2 Beds ⋅ 2 Baths ⋅ 795868 MLS
Turnkey and rental-ready, Edgewater Villa 1804 is a ground-floor 2-bedroom, 2-bath condo offering convenient access and a spacious split floor plan. Interior updates include granite countertops, updated cabinetry, tile flooring throughout, modern furnishings, and a primary bath with a walk-in shower and double vanity. The private patio overlooks the pond, fountain, golf course, and surrounding wildlife, creating a peaceful outdoor setting. Edgewater Beach & Golf Resort features an array of amenities including pools, golf, fitness facilities, racquet sports, on-site dining, and beach access along the sugar-white sands of Panama City Beach. Schedule your private showing today.

520 N Richard Jackson Boulevard Unit 1804, Panama City Beach
116 Damon Circle Unit S, Panama City Beach
$170,000
1 Baths ⋅ 795830 MLS
Welcome to your perfect Beach Rental or Getaway. This cute and bright Efficiency has a Full-size Kitchen and a Full Bath. Unlike standard studios that only offer a kitchenette, this unit features a fully equipped kitchen with a stove, oven, and refrigerator. This corner unit comes Fully Furnished and is 434 sq ft and on the second floor with a nice open layout either a patio or balcony. The Condo Association installed new Sliding door and Window (rated 200mph) in 2022, and the Roof was replaced in 2019. Exterior of the building was painted in 2021. The only thing to keep up, is your Interior, HVAC, and HOT Water Heater. Low maintenance and highly rentable and is located right in the hub of PCB. Open Parking at both sides of the building with a few golf cart parking spots available to use as well. Short Term Rentals are allowed as well as owners having pets (please check with association for information and rules). Association Dues pay for Insurance on the Building, Internet, Water, Sewer, Painting the Exterior of the Building, Roof, Household Garbage Receptacles, Pest Control, Property Patrol, Parking Spot, Lawn Mowing, Sprinklers, Maintenance of all Amenities and Common Areas. This Condo Unit is located inside this sought after Gulf Highlands Beach Resort in Panama City Beach, Florida. This resort is a gated community with 11 pools (5 heated), Pickle Ball and Tennis Courts, Shuffleboard, 18 Hole Putt Putt mini Golf course, Work out room, Conference Room, Play Areas, Golf Cart Parking areas throughout property, Private Beach house across the street Gulf side with a Cafe and Swimming Pool and bathrooms/ outdoor shower with a private beach access into the white beach sand of the Emerald Coast. Outside of GHBR are many of attractions including, restaurants, shopping, Post office, Emergency Department, Banks, Storage units, Water park, and more, all in walking distance. Schedule your showing today.

116 Damon Circle Unit S, Panama City Beach
15100 Front Beach Road Unit 805, Panama City Beach
$269,900
1 Baths ⋅ 795823 MLS
$53,744 in gross rental revenue from July 2025-July 2026 -- approximately 20% of the current asking price! This is a rare opportunity to own a turnkey, beautifully updated 8th-floor studio at Origin at Seahaven, one of the most desirable locations in Panama City Beach. Unit 805 features Gulf and main-strip views from its private balcony, with the Gulf and beach directly across the street. Guests love this condo, with hundreds of 5-star Airbnb and VRBO reviews, making it an established and proven vacation rental. The condo is sold fully furnished and turnkey, featuring a king bed + queen sleeper sofa, updated bathroom with new vanity, kitchenette with two refrigerators, new flat cooktop and microwave, color-changing electric fireplace, large TV, tile and luxury-plank flooring, and a private balcony where you can even watch the fireworks. Enjoy resort amenities including a Gulf-view heated pool and hot tub, fitness center, arcade, movie theater, BBQ areas, covered parking and convenient beach access. Plus, you're minutes from Pier Park, Gulf World, restaurants, shopping and entertainment. Minimal maintenance and easy ownership make this an especially attractive vacation-rental investment or second home. With proven rental income, an attractive purchase price, unbeatable location and the Gulf right across the street, opportunities like this don't come along often!

15100 Front Beach Road Unit 805, Panama City Beach
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