Cheap homes for sale & real estate in Panama City Beach, FL

1,202 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in Panama City Beach, FL:
Wake up to the sound of waves and the sight of sugar-white sands and emerald Gulf waters—this Shores of Panama beachfront condo in Panama City Beach, Florida delivers the ultimate coastal escape. This beautifully laid-out 2-bedroom + bunk room, 3 full bath unit spans 1,148 square feet and is the perfect blend of comfort and investment potential. Designed to maximize rental income, it offers guests a truly unforgettable vacation experience in one of PCB's most sought-after resort destinations. Prime Location: Centrally located in the heart of Panama City Beach—close to top restaurants, shopping, and local attractions. World-Class Resort Amenities at Shores of Panama: Expansive 1

$415,000

2 beds3 baths1,148 sq ft

9900 S Thomas Dr #1407, Panama City, FL 32408

Beachfront condo • Lagoon-style pool • Emerald gulf waters

ABOUT THIS HOME
Cheap Home for sale in Panama City Beach, FL:
NOW OFFERING a $5,000 buyer credit for rate buy down, closing cost assistance, or credit at closing. Unit 1430 is being offered fully furnished and turn-key. Enjoy both Lake & Gulf views from the 14th floor balconies. Prime location for a rental or vacation getaway. This 3-bedroom condo offers 2 full bedrooms, a bunk room with an added door for privacy, 2 full bathrooms, stainless steel appliances and added backsplash in the kitchen. The beach is directly across from the condo with many favorites within convenient distance, such as Pineapple Willys, Walmart, WonderWorks, Ripleys Believe it or not, Coconut Creek mini golf, and more. Laketown Wharf offers many access to multiple pools,

$322,900

3 beds2 baths1,262 sq ft

9902 S Thomas Dr #1430, Panama City, FL 32408

Bunk room • Lake views • Turn-key

ABOUT THIS HOME
Cheap Home for sale in Panama City Beach, FL:
Welcome to Grand Panama Beach Resort! Discover one of the most sought-after resorts in Panama City Beach and this stunning, rental ready 1-bedroom, 2-bathroom condo with a bunk area. Tastefully decorated and sold fully furnished, this unit is the perfect blend of style, comfort, and coastal living. ✨ Features you'll love: • Breathtaking Gulf views of sugar-white sands and emerald-green waters • Spacious balcony to enjoy sunsets and coastal breezes • Granite countertops throughout • Durable tile and laminate flooring no carpet. Grand Panama Beach Resort Amenities: • 24-hour security for peace of mind • Direct beach access • Two resort-style pools (heated se

$325,000

1 bed2 baths903 sq ft

11800 Front Beach Rd Unit 2-806, Panama City Beach, FL 32407

2 garage spots • Community pool • Built 2007

ABOUT THIS HOME
Cheap Home for sale in Panama City Beach, FL:
Check out this adorable bedroom/ 2 bath Venture Out home with bunkroom! Seller has recently added new appliances, new furnishings and paint throughout. The home is being sold furnished and ready to go. Great front porch for relaxing after a long day at the beach! Venture Out is a golf cart community that has exploded with popularity recently. .. With 300' on the beautiful pristine beaches of the Gulf of Mexico and 1,000' on the Grand Lagoon. Venture Out has something for everyone.

$389,000

3 beds2 baths840 sq ft

209 Squid Ln, Panama City, FL 32408

Great front porch • Golf cart community • Grand lagoon

ABOUT THIS HOME
Cheap Home for sale in Panama City Beach, FL:
Welcome to Mariner West, a Gulf-front mid-rise condominium perfectly located on the quiet east end of Thomas Drive. This fully furnished 1BR/2BA condo comfortably sleeps six and offers breathtaking ocean views from the kitchen, dining room, breakfast bar, and living area. Enjoy stunning sunsets from the spacious covered 5th-floor balcony overlooking the Gulf of Mexico. This condo has been meticulously maintained and thoughtfully updated throughout. The fully renovated kitchen (2023) features new stainless steel appliances, custom cabinetry, and granite countertops. Both full baths include updated vanities, countertops, and tile flooring. Flooring throughout the unit consists of Wood plank i

$350,000

1 bed2 baths893 sq ft

6213 Thomas Dr #507, Panama City, FL 32408

Custom cabinetry • Gulf front • Granite countertops

Property at 9902 S Thomas Dr #1237, Panama City, FL 32408, 1 bed, 2 baths

$280,000

1 bed2 baths1,047 sq ft

9902 S Thomas Dr #1237, Panama City, FL 32408

Property at 6500 Bridge Water Way Unit 505, Panama City Beach, FL 32407, 2 beds, 2 baths

$365,000

2 beds2 baths1,447 sq ft

6500 Bridge Water Way Unit 505, Panama City Beach, FL 32407

Property at 9860 S Thomas Dr #1516, Panama City, FL 32408, 1 bed, 2 baths

$285,000

1 bed2 baths1,047 sq ft

9860 S Thomas Dr #1516, Panama City, FL 32408

Property at 6903 N Lagoon Dr #54, Panama City, FL 32408, 2 beds, 2 baths

$309,900

2 beds2 baths1,040 sq ft

6903 N Lagoon Dr #54, Panama City, FL 32408

Property at 4114 Holiday Dr #15, Panama City, FL 32408, 1 bath

$145,000

0 beds1 bath400 sq ft

4114 Holiday Dr #15, Panama City, FL 32408

Property at 112 Fairway Blvd #310, Panama City Beach, FL 32407, 2 beds, 2 baths

$199,000

2 beds2 baths1,200 sq ft

112 Fairway Blvd #310, Panama City Beach, FL 32407

Property at 166 White Cap Way, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths1,432 sq ft

166 White Cap Way, Panama City Beach, FL 32407

Property at 9860 S Thomas Dr #622, Panama City, FL 32408, 3 beds, 2 baths

$395,000

3 beds2 baths1,262 sq ft

9860 S Thomas Dr #622, Panama City, FL 32408

Property at 6829 Thomas Dr #301, Panama City, FL 32408, 1 bed, 1 bath

$265,000

1 bed1 bath565 sq ft

6829 Thomas Dr #301, Panama City, FL 32408

Property at 104 Gulf Highlands Blvd, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$369,900

2 beds2.5 baths1,092 sq ft

104 Gulf Highlands Blvd, Panama City Beach, FL 32407

Property at 3600 Thomas Dr Unit D302, Panama City, FL 32408, 1 bed, 1 bath

$258,000

1 bed1 bath980 sq ft

3600 Thomas Dr Unit D302, Panama City, FL 32408

Property at 5020 Beach Dr, Panama City, FL 32408, 2 beds, 2 baths

$419,000

2 beds2 baths936 sq ft

5020 Beach Dr, Panama City, FL 32408

Property at 6308 Causeway Rd, Panama City, FL 32408, 3 beds, 2 baths

$349,900

3 beds2 baths1,126 sq ft

6308 Causeway Rd, Panama City, FL 32408

Property at 106 Robin Ln, Panama City Beach, FL 32407, 3 beds, 3 baths

$399,900

3 beds3 baths1,400 sq ft

106 Robin Ln, Panama City Beach, FL 32407

Property at 9860 Thomas Dr #1513, Panama City, FL 32408, 1 bed, 2 baths

$299,900

1 bed2 baths1,047 sq ft

9860 Thomas Dr #1513, Panama City, FL 32408

Property at 17690 Front Bch Unit C203, Panama City Beach, FL 32413, 2 beds, 2 baths

$300,000

2 beds2 baths962 sq ft

17690 Front Bch Unit C203, Panama City Beach, FL 32413

Property at 4725 Bay Point Rd #163, Panama City, FL 32408, 1 bed, 2 baths

$239,900

1 bed2 baths900 sq ft

4725 Bay Point Rd #163, Panama City, FL 32408

Property at 16621 Front Beach Rd #201, Panama City Beach, FL 32413, 1 bed, 1 bath

$375,000

1 bed1 bath600 sq ft

16621 Front Beach Rd #201, Panama City Beach, FL 32413

Property at 9850 S Thomas Dr Unit 205W, Panama City, FL 32408, 1 bed, 1 bath

$337,000

1 bed1 bath673 sq ft

9850 S Thomas Dr Unit 205W, Panama City, FL 32408

Property at 8700 Front Beach Rd #6313, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$340,000

3 beds2.5 baths1,761 sq ft

8700 Front Beach Rd #6313, Panama City Beach, FL 32407

Property at 16701 Front Bch #1105, Panama City Beach, FL 32413, 1 bed, 2 baths

$432,000

1 bed2 baths914 sq ft

16701 Front Bch #1105, Panama City Beach, FL 32413

Property at 17751 Panama City Beach Pkwy Unit 19B, Panama City Beach, FL 32413, 2 beds, 2 baths

$254,900

2 beds2 baths1,100 sq ft

17751 Panama City Beach Pkwy Unit 19B, Panama City Beach, FL 32413

Property at 6523 Sunrise Dr, Panama City Beach, FL 32407, 3 beds, 2 baths

$360,000

3 beds2 baths1,288 sq ft

6523 Sunrise Dr, Panama City Beach, FL 32407

Property at 10901 Front Beach Rd #1114, Panama City Beach, FL 32407, 1 bed, 1 bath

$385,900

1 bed1 bath737 sq ft

10901 Front Beach Rd #1114, Panama City Beach, FL 32407

Property at 11347 Front Bch #404, Panama City Beach, FL 32407, 1 bed, 2 baths

$435,000

1 bed2 baths1,013 sq ft

11347 Front Bch #404, Panama City Beach, FL 32407

Property at 14825 Front Beach Rd #2306, Panama City Beach, FL 32413, 1 bed, 2 baths

$439,000

1 bed2 baths859 sq ft

14825 Front Beach Rd #2306, Panama City Beach, FL 32413

Property at 15100 Front Beach Rd #1327, Panama City Beach, FL 32413, 1 bed, 1 bath

$284,000

1 bed1 bath838 sq ft

15100 Front Beach Rd #1327, Panama City Beach, FL 32413

Property at 216 Grande Island Blvd, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$419,000

2 beds2.5 baths1,600 sq ft

216 Grande Island Blvd, Panama City Beach, FL 32407

Property at 10519 Front Beach Rd Unit 2003C, Panama City Beach, FL 32407, 1 bed, 2 baths

$439,000

1 bed2 baths825 sq ft

10519 Front Beach Rd Unit 2003C, Panama City Beach, FL 32407

Property at 9900 S Thomas Dr #1715, Panama City, FL 32408, 1 bed, 2 baths

$364,900

1 bed2 baths907 sq ft

9900 S Thomas Dr #1715, Panama City, FL 32408

Property at 9902 S Thomas Dr #1538, Panama City, FL 32408, 3 beds, 3 baths

$398,000

3 beds3 baths1,483 sq ft

9902 S Thomas Dr #1538, Panama City, FL 32408

Property at 204 Verde Wood Cir, Panama City, FL 32408, 3 beds, 2 baths

$425,000

3 beds2 baths1,933 sq ft

204 Verde Wood Cir, Panama City, FL 32408

Property at 1008 Wildwood Rd, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$239,000

2 beds2.5 baths1,260 sq ft

1008 Wildwood Rd, Panama City Beach, FL 32407

Property at 9900 S Thomas Dr Unit 1509, Panama City, FL 32408, 1 bed, 2 baths

$320,000

1 bed2 baths864 sq ft

9900 S Thomas Dr Unit 1509, Panama City, FL 32408

Property at 221 Poinsettia Dr, Panama City Beach, FL 32413, 2 beds, 2 baths

$299,500

2 beds2 baths1,050 sq ft

221 Poinsettia Dr, Panama City Beach, FL 32413

Property at 23223 Front Beach Rd Unit A1-PH-4, Panama City Beach, FL 32413, 2 beds, 1.5 baths

$449,000

2 beds1.5 baths983 sq ft

23223 Front Beach Rd Unit A1-PH-4, Panama City Beach, FL 32413

Viewing page 6 of 9

Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Panama City Beach

There are currently 1202 cheap homes for sale in Panama City Beach at a median listing price of $413K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Panama City Beach stay on the market for 159 days. Popular neighborhoods include Laguna Beach Estates, Bid-a-wee Beach, Bahama Beach, Long Beach, and Santa Monica. This map is refreshed with the newest listings in Panama City Beach every 15 minutes.

In the past month, 100 homes have been sold in Panama City Beach. In addition to houses in Panama City Beach, there were also 989 condos, 113 townhouses, and 9 multi-family units for sale in Panama City Beach last month. Panama City Beach is a minimally walkable city in Bay County with a Walk Score of 33. Panama City Beach is home to approximately 36,380 people and 35,345 jobs. Find your dream home in Panama City Beach using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Panama City Beach are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Panama City Beach. Our Panama City Beach real estate stats and trends will give you more information about home buying and selling trends in Panama City Beach. If you're looking to sell your home in the Panama City Beach area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Panama City Beach with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Panama City Beach, FL

Neighborhoods

Zip Codes

Nearby Cities

Nearby Cities with Cheap Homes

Nearby Neighborhoods with Cheap Homes

More to explore in Panama City Beach, FL

Featured
Price

How to buy a house in Panama City Beach, FL

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Florida

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.