Cheap homes for sale & real estate in 32401, FL

188 homes

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ABOUT THIS HOME
Cheap Home for sale in 32401, FL:
🌅 Waterfront Living, Stunning Sunsets & Short-Term Rentals Allowed! Wake up to breathtaking water views and end each day with spectacular sunsets from your own private furnished balcony. This charming waterfront studio at Sun Harbor offers the perfect blend of relaxation, coastal adventure, and investment potential -- all with direct Gulf access and short-term rentals allowed. Dreaming of a lifestyle where your boat is just steps away? Sun Harbor Marina offers boat slips for sale or rent, with options available with or without lifts. Spend your days boating, fishing, exploring Shell Island, or simply relaxing by the water. Plus, with a waterfront restaurant coming soon, this locati

$168,000

1 bed1 bath540 sq ft

5505 Sun Harbor Rd #213, Panama City, FL 32401

Direct gulf access • Waterfront condo • Renovated kitchen

ABOUT THIS HOME
Cheap Home for sale in 32401, FL:
2-bedroom, 2-bath residence featuring new flooring and brand-new appliances throughout. This property offers access to exceptional community amenities, including a large swimming pool, covered pavilion, and a clubhouse complete with kitchen and restrooms—ideal for gatherings and events. Enjoy waterfront living with a fishing and boat mooring dock equipped with electric and water service, plus a convenient fish cleaning station. Boat tie-up is permitted for up to 48 hours. A fantastic opportunity for comfortable living with resort-style amenities.

$290,000

2 beds2 baths1,250 sq ft

100 Cherry St #406, Panama City, FL 32401

New flooring • Brand-new appliances • Covered pavilion

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 32401, FL:
3 Bedroom, 2 Bath, Living Room, Dining Area, Utility Room, Huge Back Yard

$400,000

3 beds2 baths— sq ft

804 E 8th St, Panama City, FL 32401

Utility room • Living room • Dining area

ABOUT THIS HOME
Cheap Home for sale in 32401, FL:
* * Welcome Home to 1014 Hamilton Ave, Panama City, FL 32401 * * Discover incredible value in this charming 3-bedroom, 2-bathroom home now available in the heart of Panama City! At just 1,056 square feet, this thoughtfully designed residence proves that smart living doesn't have to break the bank. Every dollar stretches further here, making this an exceptional opportunity for first-time buyers, savvy investors, or anyone seeking affordable coastal living. Step inside and you'll immediately notice the beautiful tile flooring flowing seamlessly throughout the entire home. Vaulted ceilings in the living and dining areas create an airy, open atmosphere that makes the space feel wonderfull

$245,000

3 beds2 baths1,056 sq ft

1014 Hamilton Ave, Panama City, FL 32401

Metal roof • Tile flooring • Irrigation system

ABOUT THIS HOME
Cheap Home for sale in 32401, FL:
PRICE IMPROVEMENT!!! Nestled in the heart of Panama City's historic St. Andrews neighborhood, this classic 1950s ranch-style home at 1409 Arthur Ave offers the perfect blend of coastal living and investment opportunity. Featuring a highly functional 1,068 sq. ft. layout, this property is a rare find: it is situated in a Residential Single-Family (R-1) zone that explicitly allows short-term vacation rentals under City of Panama City guidelines! Walk or bike to the vibrant St. Andrews marina, eclectic local dining, craft breweries, and popular waterfront parks. The home boasts a deep lot with plenty of room for outdoor entertainment or future expansions. Whether you are looking for an affor

$235,000

3 beds2 baths1,068 sq ft

1409 Arthur Ave, Panama City, FL 32401

Waterfront parks • Craft breweries • Local dining

Property at 518 Maine Ave, Panama City, FL 32401, 3 beds, 2 baths

$220,000

3 beds2 baths1,476 sq ft

518 Maine Ave, Panama City, FL 32401

Property at 3203 E 2nd Pl, Panama City, FL 32401, 3 beds, 2 baths

$169,000

3 beds2 baths906 sq ft

3203 E 2nd Pl, Panama City, FL 32401

Property at 1408 Foster Ave, Panama City, FL 32401, 3 beds, 1 bath

$259,900

3 beds1 bath805 sq ft

1408 Foster Ave, Panama City, FL 32401

Property at 316 Cherry St #33, Panama City, FL 32401, 2 beds, 2 baths

$222,500

2 beds2 baths860 sq ft

316 Cherry St #33, Panama City, FL 32401

Property at 1209/1211 E 10th St, Panama City, FL 32401, 4 beds, 2 baths

$170,000

4 beds2 baths1,640 sq ft

1209/1211 E 10th St, Panama City, FL 32401

Property at 902 Wilson Ave, Panama City, FL 32401, 2 beds, 2 baths

$199,000

2 beds2 baths1,040 sq ft

902 Wilson Ave, Panama City, FL 32401

Property at 518 N Center Ave, Panama City, FL 32401, 3 beds, 2 baths

$269,000

3 beds2 baths1,183 sq ft

518 N Center Ave, Panama City, FL 32401

Property at 1609 W 13th St, Panama City, FL 32401, 3 beds, 1.5 baths

$242,000

3 beds1.5 baths1,536 sq ft

1609 W 13th St, Panama City, FL 32401

Property at 1305 Ware Dr, Panama City, FL 32401, 3 beds, 1.5 baths

$324,999

3 beds1.5 baths2,032 sq ft

1305 Ware Dr, Panama City, FL 32401

Property at 1036 W 11th Ct, Panama City, FL 32401, 3 beds, 2.5 baths

$229,900

3 beds2.5 baths1,416 sq ft

1036 W 11th Ct, Panama City, FL 32401

Property at 208 Claire Ave, Panama City, FL 32401, 2 beds, 1 bath

$199,000

2 beds1 bath1,026 sq ft

208 Claire Ave, Panama City, FL 32401

Property at 235 Central Ave, Panama City, FL 32401, 3 beds, 1 bath

$149,999

3 beds1 bath1,040 sq ft

235 Central Ave, Panama City, FL 32401

Property at 803 E 8th St, Panama City, FL 32401, 3 beds, 2 baths

$225,000

3 beds2 baths1,172 sq ft

803 E 8th St, Panama City, FL 32401

Property at 1328 Friendship Ave, Panama City, FL 32401, 1 bed, 2 baths

$199,000

1 bed2 baths864 sq ft

1328 Friendship Ave, Panama City, FL 32401

Property at 619 Williams Ave, Panama City, FL 32401, 2 beds, 2 baths

$229,000

2 beds2 baths1,131 sq ft

619 Williams Ave, Panama City, FL 32401

Property at 901 E 2nd Pl, Panama City, FL 32401, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths1,557 sq ft

901 E 2nd Pl, Panama City, FL 32401

Property at 100 Cherry St #604, Panama City, FL 32401, 3 beds, 3 baths

$399,000

3 beds3 baths2,701 sq ft

100 Cherry St #604, Panama City, FL 32401

Property at 3205 E 2nd Pl, Panama City, FL 32401, 3 beds, 2 baths

$165,000

3 beds2 baths902 sq ft

3205 E 2nd Pl, Panama City, FL 32401

Property at 1421 N Cove Blvd Unit D, Panama City, FL 32401, 2 beds, 2.5 baths

$199,000

2 beds2.5 baths1,007 sq ft

1421 N Cove Blvd Unit D, Panama City, FL 32401

Property at 2722 E 6th St, Panama City, FL 32401, 1 bed, 1 bath

$114,900

1 bed1 bath516 sq ft

2722 E 6th St, Panama City, FL 32401

Property at 533 E 9th St, Panama City, FL 32401, 3 beds, 2 baths

$255,000

3 beds2 baths1,270 sq ft

533 E 9th St, Panama City, FL 32401

Property at 754 Sherman Ave Unit B, Panama City, FL 32401, 3 beds, 1.5 baths

$189,900

3 beds1.5 baths1,317 sq ft

754 Sherman Ave Unit B, Panama City, FL 32401

Property at 111 N Marie Dr, Panama City, FL 32401, 3 beds, 1 bath

$279,000

3 beds1 bath1,056 sq ft

111 N Marie Dr, Panama City, FL 32401

Property at 1421 Martin Luther King Junior Blvd Unit C, Panama City, FL 32401, 2 beds, 2.5 baths

$199,000

2 beds2.5 baths1,007 sq ft

1421 Martin Luther King Junior Blvd Unit C, Panama City, FL 32401

Property at 1707 Michigan Ave, Panama City, FL 32401, 3 beds, 1.5 baths

$215,900

3 beds1.5 baths1,300 sq ft

1707 Michigan Ave, Panama City, FL 32401

Property at 150 Bayou Ave, Panama City, FL 32401, 3 beds, 2 baths

$292,500

3 beds2 baths1,500 sq ft

150 Bayou Ave, Panama City, FL 32401

Property at 712 College Ave, Panama City, FL 32401, 2 beds, 1.5 baths

$195,000

2 beds1.5 baths1,080 sq ft

712 College Ave, Panama City, FL 32401

Property at 5505 Sun Harbor Rd #235, Panama City, FL 32401, 1 bed, 1 bath

$169,950

1 bed1 bath540 sq ft

5505 Sun Harbor Rd #235, Panama City, FL 32401

Property at 815 E 12th Ct, Panama City, FL 32401, 3 beds, 2 baths

$249,000

3 beds2 baths1,200 sq ft

815 E 12th Ct, Panama City, FL 32401

Property at 517 N Gray Ave, Panama City, FL 32401, 3 beds, 2 baths

$235,000

3 beds2 baths1,172 sq ft

517 N Gray Ave, Panama City, FL 32401

Property at 1216 Martin Luther King Jr Blvd, Panama City, FL 32401, 3 beds, 1 bath

$215,000

3 beds1 bath912 sq ft

1216 Martin Luther King Jr Blvd, Panama City, FL 32401

Property at 709 Williams Ave, Panama City, FL 32401, 3 beds, 2 baths

$209,900

3 beds2 baths1,245 sq ft

709 Williams Ave, Panama City, FL 32401

Property at 906 Harmon Ave, Panama City, FL 32401, 3 beds, 1.5 baths

$224,000

3 beds1.5 baths1,348 sq ft

906 Harmon Ave, Panama City, FL 32401

Property at 2100 W Beach Dr Unit W101, Panama City, FL 32401, 2 beds, 1 bath

$249,900

2 beds1 bath970 sq ft

2100 W Beach Dr Unit W101, Panama City, FL 32401

Property at 436 Harrison Ave #6, Panama City, FL 32401, 1 bath

$378,000

Studio1 bath656 sq ft

436 Harrison Ave #6, Panama City, FL 32401

Property at 803 E 10th Ct Unit A & B, Panama City, FL 32401, 2 beds, 2 baths

$179,900

2 beds2 baths1,448 sq ft

803 E 10th Ct Unit A & B, Panama City, FL 32401

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Based on information submitted to the MLS GRID as of Sun Aug 23 2026. 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 32401

There are currently 188 cheap homes for sale in 32401 at a median listing price of $250K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 32401 stay on the market for 94 days and receive 1 offers. This map is refreshed with the newest listings in 32401 every 15 minutes.

In the past month, 28 homes have been sold in 32401. In addition to houses in 32401, there were also 31 condos, 13 townhouses, and 18 multi-family units for sale in 32401 last month. Find your dream home in 32401 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 32401 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 32401. If you're looking to sell your home in the 32401 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 32401 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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