Cheap Townhouses for Sale in Panama City Beach, FL

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ABOUT THIS HOME
Cheap Townhouses for Sale in Panama City Beach, FL
AMAZING OPPORTUNITY FOR A PRIMARY HOME OR A RENTAL PROPERTY W/ UPGRADES AT A FANTASTIC PRICE! Conveniently located just minutes to all of the great things that Panama City Beach has to offer, this property is being sold ready to go with new furniture and housewares, security cameras, a fully fenced back yard w/ view of the water and woods, and is a short 3 min. walk to the beautiful resort-style pool. You can start making memories or rental income right away! The spacious interior offers a modern design, beautiful upgrades, a smart home system, a soothing coastal color palette, and a gourmet kitchen with custom cabinetry, stainless-steel appliances, and gorgeous granite countertops. The lar

$275,000

3 beds2.5 baths1,496 sq ft

7677 Shadow Lake Dr, Panama City Beach, FL 32407

View of the water • Custom cabinetry • Gourmet kitchen

ABOUT THIS HOME
Cheap Townhouses for Sale in Panama City Beach, FL
$10K PRICE REDUCTION>>> Fabulous small, private community of 24 townhomes - off the main road, peaceful & quiet. 3/2.5 with single car garage. Kitchen, living & dining down, all bedrooms & laundry up. Master suite has trey ceiling and attractive arched doorway into master bath. Double vanity, walk-in closet. Large, front-loading W & D upstairs near all the bedrooms, conveys with sale. Kids or guest rooms down the hall with their own bath. Great closet space. Back downstairs is the tiled & screened porch, overlooking trees. Extra parking nearby with green space to toss a ball to your children or pets. Community pool & exercise room. Centrally locat

$269,900

3 beds2.5 baths1,428 sq ft

7226 Quail Hollow Dr, Panama City, FL 32408

Extra parking • Green space • Community pool

ABOUT THIS HOME
Cheap Townhouses for Sale in Panama City Beach, FL
Very motivated seller! Additionally offering $5,000 towards closing costs or buy down rate. A Must See! Brand New Gorgeous Camellia model cottage, (never lived in). Many upgrades: Granite countertops, gorgeous tapestry kitchen back splash matching up dark chocolate cabinets, pendant lights, ceiling fans, stylish tile in bathrooms, luxury vinyl plank, luxury acoustic wood wall panels in the leaving room, screened patio with epoxy painted flooring.

$379,900

2 beds2 baths1,315 sq ft

9254 Cool Breeze Dr, Panama City Beach, FL 32413

$322 HOA • 2 garage spots • Pool

ABOUT THIS HOME
Cheap Townhouses for Sale in Panama City Beach, FL
Beautifully updated 3-bedroom, 2.5-bath home just 6/10th of a mile from the Gulf of America on highly sought-after Banyan Beach Drive. This 1,476 sq ft coastal retreat features an open-concept design with upgraded flooring, granite countertops, stainless steel appliances, and plenty of natural light. Enjoy outdoor living on the privacy-fenced back porch with yard access—perfect for relaxing or entertaining. Additional features include a one-car garage, two driveway spaces, and a low-maintenance lifestyle with landscaping included in the low $210 quarterly HOA fee. No short-term rentals allowed, preserving the peaceful residential setting. Ideally located near Pier Park, St. Andrews St

$314,900

3 beds2.5 baths1,476 sq ft

9014 Banyan Beach Dr, Panama City, FL 32408

Open-concept design • Updated home • Landscaping included

ABOUT THIS HOME
Cheap Townhouses for Sale in Panama City Beach, FL
Welcome to this delightful end-unit townhome beautifully updated and perfectly situated in one of the area's most sought-after communities. This charming property features brand-new LVP flooring, hardwood stairs, fresh interior paint, and all new furniture and accessories, offering a truly move-in-ready or rental-ready opportunity. Upstairs you'll find two spacious bedrooms and an updated full bathroom. Short-term rentals are allowed, and this unit boasts impressive projected ROI, making it an excellent choice for full-time living, a vacation getaway, or a smart investment. Enjoy the convenience of two assigned parking spaces right outside your door. Step outside to a spacious patio perfect

$294,000

2 beds1.5 baths972 sq ft

175 Gulf Highlands Blvd, Panama City Beach, FL 32407

End-unit townhome • Hardwood stairs • Fresh interior paint

Property at 2108 Sterling Cove Blvd, Panama City, FL 32408, 2 beds, 1.5 baths

$240,000

2 beds1.5 baths1,152 sq ft

2108 Sterling Cove Blvd, 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 102 Ellery Ln, Panama City Beach, FL 32413, 3 beds, 2.5 baths

$339,000

3 beds2.5 baths1,497 sq ft

102 Ellery Ln, Panama City Beach, FL 32413

Property at 627 Laurel St, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$365,000

2 beds1.5 baths972 sq ft

627 Laurel St, Panama City Beach, FL 32407

Property at 8204 Annabellas Ln, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$215,000

2 beds2.5 baths1,404 sq ft

8204 Annabellas Ln, Panama City Beach, FL 32407

Property at 8102 Annabella's Ct, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$195,000

2 beds2.5 baths1,404 sq ft

8102 Annabella's Ct, Panama City Beach, FL 32407

Property at 7470 Shadow Lake Dr, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$249,000

3 beds2.5 baths1,496 sq ft

7470 Shadow Lake Dr, Panama City Beach, FL 32407

Property at 7228 Quail Hollow Dr, Panama City, FL 32408, 3 beds, 2.5 baths

$290,000

3 beds2.5 baths1,428 sq ft

7228 Quail Hollow Dr, 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 7659 Lumen Ln #5, Panama City Beach, FL 32408, 3 beds, 3 baths

$307,000

3 beds3 baths1,695 sq ft

7659 Lumen Ln #5, Panama City Beach, FL 32408

Property at 6500 Harbour Blvd, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$449,900

3 beds2.5 baths1,460 sq ft

6500 Harbour Blvd, Panama City Beach, FL 32407

Property at 116 Abbie Ln, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$300,000

2 beds1.5 baths1,080 sq ft

116 Abbie Ln, Panama City Beach, FL 32407

Property at 176 White Sandy Dr, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$275,000

2 beds1.5 baths972 sq ft

176 White Sandy Dr, Panama City Beach, FL 32407

Property at 1771 Annabellas Dr, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$277,900

3 beds2.5 baths1,603 sq ft

1771 Annabellas Dr, Panama City Beach, FL 32407

Property at 137 W Leslie Ln, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$265,000

2 beds2.5 baths972 sq ft

137 W Leslie Ln, Panama City Beach, FL 32407

Property at 8654 Coral Reef Way, Panama City Beach, FL 32413, 2 beds, 2 baths

$439,900

2 beds2 baths1,315 sq ft

8654 Coral Reef Way, Panama City Beach, FL 32413

Property at 112 White Sandy Dr, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$289,900

2 beds2.5 baths972 sq ft

112 White Sandy Dr, Panama City Beach, FL 32407

Property at 2125 Sterling Cove Blvd, Panama City, FL 32408, 2 beds, 1.5 baths

$219,900

2 beds1.5 baths1,152 sq ft

2125 Sterling Cove Blvd, Panama City, FL 32408

Property at 8113 Annabellas Ct, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$200,000

2 beds2.5 baths1,404 sq ft

8113 Annabellas Ct, Panama City Beach, FL 32407

Property at 7482 Shadow Lake Dr, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths1,496 sq ft

7482 Shadow Lake Dr, Panama City Beach, FL 32407

Property at 235 Saint Katherine Blvd, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$338,000

2 beds2.5 baths1,260 sq ft

235 Saint Katherine Blvd, Panama City Beach, FL 32407

Property at 8680 Tropics Ave, Panama City Beach, FL 32413, 2 beds, 2 baths

$448,000

2 beds2 baths1,210 sq ft

8680 Tropics Ave, Panama City Beach, FL 32413

Property at 137 Gulf Highlands Blvd, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$248,900

2 beds1.5 baths972 sq ft

137 Gulf Highlands Blvd, Panama City Beach, FL 32407

Property at 246 Grande Island Blvd, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$425,000

2 beds2.5 baths1,496 sq ft

246 Grande Island Blvd, Panama City Beach, FL 32407

Property at 628 W Caladium Cir Unit A, Panama City Beach, FL 32413, 2 beds, 1.5 baths

$340,000

2 beds1.5 baths1,088 sq ft

628 W Caladium Cir Unit A, Panama City Beach, FL 32413

Property at 169 Gulf Highlands Resort Blvd, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$369,000

3 beds2.5 baths1,322 sq ft

169 Gulf Highlands Resort Blvd, Panama City Beach, FL 32407

Property at 128 White Sandy Dr, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$350,000

2 beds2.5 baths1,104 sq ft

128 White Sandy Dr, Panama City Beach, FL 32407

Property at 153 Damon Cir, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$270,000

2 beds1.5 baths1,152 sq ft

153 Damon Cir, Panama City Beach, FL 32407

Property at 145 Robin Ln, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$270,000

2 beds1.5 baths972 sq ft

145 Robin Ln, Panama City Beach, FL 32407

Property at 177 Robin Ln, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$280,000

2 beds1.5 baths972 sq ft

177 Robin Ln, Panama City Beach, FL 32407

Property at 176 Robin Ln, Panama City Beach, FL 32407, 2 beds, 2.5 baths

$273,000

2 beds2.5 baths972 sq ft

176 Robin Ln, Panama City Beach, FL 32407

Property at Sunbrook Plan, Panama City Beach, FL 32407, 3 beds, 3 baths

$279,900

3 beds3 baths1,695 sq ft

Sunbrook Plan, Panama City Beach, FL 32407

Listing provided by Zillow

Property at 144 Robin Ln, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$335,000

2 beds1.5 baths972 sq ft

144 Robin Ln, Panama City Beach, FL 32407

Property at 8450 Dreams Float Ct, Panama City Beach, FL 32413, 2 beds, 2 baths

$405,210

2 beds2 baths1,315 sq ft

8450 Dreams Float Ct, Panama City Beach, FL 32413

Property at 300 Cyan Ln #88, Panama City Beach, FL 32407, 3 beds, 2.5 baths

$367,215

3 beds2.5 baths1,513 sq ft

300 Cyan Ln #88, Panama City Beach, FL 32407

Property at 143 W Leslie Ln, Panama City Beach, FL 32407, 2 beds, 1.5 baths

$345,000

2 beds1.5 baths972 sq ft

143 W Leslie Ln, Panama City Beach, FL 32407

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Based on information submitted to the MLS GRID as of Mon Dec 22 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 Townhouses for Sale in Panama City Beach

There are currently 135 cheap townhouses for sale in Panama City Beach at a median listing price of $345K. 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 121 days. Popular neighborhoods include The Glades, 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, 86 homes have been sold in Panama City Beach. In addition to houses in Panama City Beach, there were also 960 condos, 91 townhouses, and 6 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.

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