Bay County Homes under $250,000

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

$249,000

3 Beds ⋅ 2 Baths ⋅ 796420 MLS

LIVE walking distance to the beach. 3 bedroom 1 1/2 bath 1176 sq ft beach house, Several restaurants, ice cream shops, local businesses, and the county pier are all within walking distance, adding even more appeal to this prime beachside property. house does need some work

335 Gardenia Street, Panama City Beach

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

$245,000

3 Beds ⋅ 2 Baths ⋅ 796393 MLS

Property is being sold As Is. 3 bedroom 2 bath room home locate in Southeast Panama City close to Hwy 98. Buyer to verify all pertinent information including square footage and lot dimensions.

3910 E 9th Street, Panama City

4725 Bay Point Road Unit 168, Panama City Beach

$199,000

1 Beds ⋅ 1 Baths ⋅ 796367 MLS

Fully renovated and move-in ready, this ground-floor 1-bedroom, 1-bath condo in Bay Point's Legends Villas offers peaceful pond and golf course views. A wall of windows fills the living area with natural light and overlooks the pond toward the Nicklaus-designed golf course. The extensive renovation includes new stainless steel appliances, wood-look plank flooring, cabinetry, countertops, fixtures, and finishes. The kitchen features white shaker cabinets, granite countertops, a subway tile backsplash, and a center island. Recessed lighting adds to the fresh, updated interior. The renovated bathroom features a granite-topped vanity and a tiled walk-in shower with glass doors. Convenient ground-floor access and a turnkey interior make this an appealing full-time residence or personal coastal getaway. Bay Point offers gated entry, 24-hour security, landscaped common areas, and neighborhood green spaces. Within the larger community, you'll find Bay Point Golf Club, the full-service Point South Marina on Grand Lagoon, tennis facilities, restaurants, and spa services. Golf, tennis, marina, and spa use may require separate fees or memberships. Nearby beaches, shopping, and dining complete the Panama City Beach lifestyle.

4725 Bay Point Road Unit 168, Panama City Beach

8700 Front Beach Road Unit 7313, Panama City Beach

$200,000

1 Beds ⋅ 2 Baths ⋅ 796313 MLS

Island Reserve, a premier gated community just minutes from the beautiful beaches of Panama City Beach. Island Reserve offers a true resort lifestyle with a spectacular 1-acre lagoon pool featuring waterfalls, lap area, zero-entry access, hot tub, and outdoor showers. This 3rd floor 1 bedroom, 1.5 bath condo is 1588 sq ft of thoughtfully designed living space with resort-style living in one of the area's most sought-after communities. Residence features 10-foot ceilings with crown molding, double-pane windows, and a bright open layout perfect for everyday living or entertaining. The kitchen is beautifully appointed with granite countertops and stainless steel appliances. The primary bathroom offers a spa-like soaking tub, walk-in shower, double vanity, 2 large walk-in closets. This home has a Culligan water filtration system in place and closets galore throughout the entire condo! Located just down the hall from the parking garage, accessing the unit with that load of groceries is easier than ever. Go straight to the 3rd floor of the parking garage. Residents also enjoy a beautifully appointed clubhouse with a fitness center, indoor basketball and pickleball courts for year-round play, theater room with a 100-inch screen, game room. The community is pet-friendly. Just minutes from the Gulf, shopping, dining, golf, this beautifully maintained condo delivers the perfect blend of luxury, location, and low-maintenance living. No short-term rentals permitted. Island Reserve offers a peaceful residential environment while still being close to everything Panama City Beach has to offer.

8700 Front Beach Road Unit 7313, Panama City Beach

$225,000

2 Beds ⋅ 3 Baths ⋅ 796311 MLS

Coastal living just minutes from Tyndall Air Force Base. This 2-bedroom, 2.5-bath townhome in Oak Shore Villas offers community beach access on East Bay and a public waterfront park with a boat ramp nearby. The main level features an open floor plan, half bath, attached garage, and private patio. Upstairs, you'll find 2 bedrooms and 2 full bathrooms. The spacious primary bedroom features 3 closets and a private balcony, while Bedroom 2 offers 2 closets and a full bath. The water heater was manufactured in 2020. With generous storage, a well-designed layout, and coastal amenities close by, this townhome is ready for its next owner. Schedule your showing today!

6437 Oakshore Drive, Panama City

3600 Thomas Drive Unit D207, Panama City Beach

$210,000

1 Beds ⋅ 1 Baths ⋅ 796309 MLS

AFFORDABLE BEACH GETAWAY WITH BOATING ACCESS & SHORT-TERM RENTAL POTENTIAL! Welcome to Treasure Cove, where coastal living, convenience, and affordability come together. This charming 2nd floor, 1-bedroom, 1-bath condo offers the perfect opportunity for a beach getaway, second home, or short term rental investment. The unit has never been used as a short term rental, giving the next owner a fresh opportunity to make it their own. Located directly on the lagoon, Treasure Cove offers a pool and boat dock available for owners to enjoy, with Gulf access right from the property. Spend the day boating, fishing, or cruising to Shell Island, just approximately 5 minutes away by boat. Offshore fishing charters, jet ski and pontoon rentals, and the famous Sea Screamer cruise are conveniently located next door. One of the best features of this location is the balance--it's tucked away from the heavier traffic and noise while still being close to all the action. Beach Access #2 is within walking distance, giving you easy access to the beautiful white sand beaches of the Gulf. Whether you're looking for an affordable place at the beach, a second home that can potentially help pay for itself, or an investment opportunity in a highly desirable location, this Treasure Cove condo checks all the boxes!

3600 Thomas Drive Unit D207, Panama City Beach

6901 N Lagoon Drive Unit 37, Panama City

$215,000

2 Beds ⋅ 2 Baths ⋅ 796291 MLS

Life waterfront on Grand Lagoon is calling. This beautifully renovated, fully furnished, ground-floor condo is stunning. And with your boat never far away at the dock and the white sandy beach just a short drive down the road, this is an incredible second home or primary residence. This 2-bedroom, 2-bath home is truly move-in ready. Freshly renovated and furnishings included, start your mornings on the covered back patio with a cup of coffee before heading out on the water. The galley kitchen is bright and inviting, with white cabinets, stainless appliances and a decorative tiled backsplash. Gather for dinner and settle into the spacious living room after a long day of sun and salt air after being at the pool. Ground-floor living means no hauling beach gear, groceries, or fishing tackle up the stairs! Both bedrooms are generously sized with plenty of closet space, so there's room for guests to settle in comfortably. Both baths have been fully renovated with new tiled showers, new vanities, and new toilets. A full size washer and dryer are also included in the unit making it a great place to stay for long trips. With water views, furnishings included, this condo needs nothing but you! The best part waits just outside your door. Palisades offers a waterfront boat dock and fish cleaning station right on Grand Lagoon. Dock your boat, and you're a short cruise from Shell Island's crystal-clear shallows or the open Gulf for a day of fishing. Come back in with the catch of the day and clean it right on site. If fishing isn't your thing, grab a paddleboard or kayak and explore the calm waters of the lagoon, or head a few minutes to the World's Most Beautiful Beaches. In between adventures, cool off in the community pool, community pool play a match on the community tennis courts. Boat slips are first come, first served and you may leave your boat in the water as long as you'd like. Like to keep your boat in dry storage at Pirates Cove or Treasure Island just down the road? This is perfect to take your boat out of storage and keep it behind your own condo whenever you want! Some of Panama City Beach's most popular restaurants and waterfront hangouts are just minutes away, so sunset dinners and live music are always close by. Whether you're looking for a full-time home, a weekend escape, or a place to make your beach-life dreams come true, Unit 37 has it all. HOA fees include water, sewer, garbage, exterior insurance, community room, dock, pool, tennis, groundskeeping and cable.

6901 N Lagoon Drive Unit 37, Panama City

$160,000

2 Beds ⋅ 1 Baths ⋅ 796246 MLS

Turnkey income-producing opportunity in Panama City's historic Millville neighborhood! Offered at $160,000 with a long-term tenant in place at $1,650 per month, 605 Elm Avenue generates $19,800 in scheduled annual gross rent, representing an impressive approximately 12.4% gross rent yield at the asking price before expenses. For investors looking for immediate income without taking on another major renovation project, this property offers a compelling combination of existing cash flow, substantial improvements already completed, durable construction and long-term location potential. This 2-bedroom, 1-bath concrete-block home has been extensively improved while maintaining a manageable and efficient rental footprint. Updates include a newer roof, windows and flooring, updated plumbing and sewer components, renovated kitchen and bathroom, newer fixtures and lighting, appliances, attic ductwork and gas lines. The home features central air and gas heat, while the updated kitchen offers modern cabinetry, stainless-steel appliances and gas cooking. Wood-plank ceilings, recessed lighting, updated flooring and thoughtful interior finishes give the home character that stands apart from the typical rental property in this price range. The property offers approximately 609 heated square feet and a lot large enough for ones creative mind to run wild. This home currently has mature landscaping, a gravel driveway, side access and a rear patio and yard area. Location is another major component of the investment. Positioned in Millville near Watson Bayou, the property is only a few blocks from Millville Waterfront Park, its public boat ramp, fishing and waterfront recreation, and approximately 5 minutes from Downtown Panama City. Everyday employment and services are equally accessible, with Ascension Sacred Heart Bay approximately 2 miles away, while the 23rd Street employment and retail corridor--including HCA Florida Gulf Coast Hospital and Walmart--is approximately 4-5 miles away, with Target roughly 5 miles away. Tyndall Air Force Base is approximately 8-10 miles to the east, providing access to one of the area's largest employment centers, while the white-sand beaches of Panama City Beach are approximately 12-15 miles away. US-98 provides convenient east-west access throughout Bay County and is right around the corner from this investment opportunity. For investors, the numbers and fundamentals are straightforward: $160,000 asking price, $1,650 monthly rent, $19,800 scheduled annual gross rent and approximately 12.4% gross rent yield before expenses, combined with concrete-block construction, significant improvements already completed and a tenant in place. Whether adding another property to an established rental portfolio or looking for an approachable entry into the Panama City long-term rental market, 605 Elm Avenue offers immediate income today with exposure to the continued growth and redevelopment of the surrounding area.

605 Elm Avenue, Panama City

$240,000

3 Beds ⋅ 2 Baths ⋅ 796239 MLS

Welcome home to this charming 3-bedroom, 2-bath home tucked away on a cul-de-sac in Callaway Corners! Enjoy one of the larger yards and driveways in the community plus a NEW 2026 HVAC system with a 10-year warranty. Inside, vaulted ceilings create a bright, open living and dining space. The kitchen features quartz countertops, stainless steel appliances, a pantry, and a stove and dishwasher replaced in 2023. The spacious primary suite offers TWO walk-in closets, double vanity, separate tiled shower, and a corner soaking tub installed in 2023. The partially fenced backyard offers plenty of room to relax, entertain, or play and residents have access to a community playground. Conveniently located just minutes from Tyndall AFB, shopping, and dining. Short-term rentals permitted. Major updates are already done--come see what makes this Callaway Corners home stand out! Short term rentals allowed!! All sizes/info/measurements approx; please verify if important.

311 Brooke Court, Panama City

1219 Navy Boulevard Unit 157, Panama City

$199,000

2 Beds ⋅ 2 Baths ⋅ 796264 MLS

Emerald Pointe Resort offers a relaxed coastal lifestyle in a gated Panama City Beach community where short-term rentals are welcome. Residents enjoy two community pools and grilling area, a peaceful pond with boardwalk, a clubhouse with gathering space and pool table, and an exercise room - all within a beautifully maintained neighborhood. HOA dues conveniently include water, sewer, trash, internet, and grounds keeping, adding to the ease of ownership. This cozy and comfortable 2-bedroom, 2-bath home includes an additional 120 sq ft bonus Florida room, an inside washer/dryer, a metal roof, and a newer AC system, providing both durability and year-round comfort. The primary bedroom features a built-in closet system, dresser, abundant natural light, and an ensuite bathroom with a tub/shower combination. The second bedroom is thoughtfully designed with a built-in queen bed, integrated closet system, drawers, and its own ensuite bathroom with a walk-in shower. A spacious concrete patio with a mature palm tree creates a perfect outdoor retreat. Ideally situated near the clubhouse and centered between both community pools, this property blends comfort, convenience, and resort-style amenities in one inviting package.

1219 Navy Boulevard Unit 157, Panama City

Bay County Homes under $250,000

Newest Bay County Homes under $250,000