Cheap homes for sale & real estate in 32405, FL

145 homes

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READY TO BUILD

$359,515

2 beds2 baths1,375 sq ft

The Mangrove Plan, Panama City, FL 32405

Large front porch • Stainless appliances • Waterfront community

Listing provided by Zillow

READY TO BUILD

$399,000

2 beds2 baths1,167 sq ft

The Thatch Plan, Panama City, FL 32405

2 parking spots • Listed 349 days

Listing provided by Zillow

ABOUT THIS HOME
Cheap Home for sale in 32405, FL:
Owner financing is available! Great buildable lot in a centrally located Venetian Villa subdivision right off Hwy 390, close to schools, shopping, restaurants and entertainment. No HOA! The lot had a spacious 3 bedroom/3 bathroom 1547 sq. ft. townhome that was destroyed by the Hurricane Michael. There's no HOA. The land use is MU-3 (mixed use). Get a brand new townhome built and use it as a primary residence or short/long term rental unit. The City of Panama City shall allow to rebuild provided a new home meets current building codes and it must be of similar size and height.

$50,000

— beds— baths— sq ft

563 Palermo Rd, Panama City, FL 32405

Buildable lot • Mixed use • Centrally located

ABOUT THIS HOME
Cheap Home for sale in 32405, FL:
Prime opportunity in the heart of Panama City! This spacious parcel at 2735 Orlando Rd, Panama City, FL 32405 is ready for your vision, offering excellent access to shopping, schools, and main thoroughfares. The property comes with complete plans and a current survey, giving you a head start on construction or development. Whether you're building a custom home or pursuing an investment project, this well-located lot provides the flexibility and convenience to make it happen quickly.

$34,950

— beds— baths— sq ft

2735 Orlando Rd, Panama City, FL 32405

Current survey • Excellent access • Well-located lot

ABOUT THIS HOME
Cheap Home for sale in 32405, FL:
Ready for your next investment, this lot is perfect for a single family home, attached townhomes, or mobil home.

$60,000

— beds— baths— sq ft

2516 N Cedar Ln, Panama City, FL 32405

7,492 sq ft lot • Listed 40 days

Property at 2604 W 20th St, Panama City, FL 32405

$70,000

— beds— baths— sq ft

2604 W 20th St, Panama City, FL 32405

Property at 3046 W 30Th Ct, Panama City, FL 32405

$255,000

— beds— baths— sq ft

3046 W 30Th Ct, Panama City, FL 32405

Property at 2909 Orlando Rd, Panama City, FL 32405

$55,000

— beds— baths— sq ft

2909 Orlando Rd, Panama City, FL 32405

Property at 1819 Laurel Ave, Panama City, FL 32405

$43,000

— beds— baths— sq ft

1819 Laurel Ave, Panama City, FL 32405

Property at Undisclosed address, Panama City, FL 32405

$40,000

— beds— baths— sq ft

Undisclosed address, Panama City, FL 32405

Property at 1137 1/2 E 15th St, Panama City, FL 32405

$325,000

— beds— baths— sq ft

1137 1/2 E 15th St, Panama City, FL 32405

Property at 3097 Ormond Ave, Panama City, FL 32405

$95,000

— beds— baths— sq ft

3097 Ormond Ave, Panama City, FL 32405

Property at 2137 Briawood Cir, Panama City, FL 32405

$79,000

— beds— baths— sq ft

2137 Briawood Cir, Panama City, FL 32405

Property at 2414 Michigan Ave, Panama City, FL 32405

$225,000

— beds— baths— sq ft

2414 Michigan Ave, Panama City, FL 32405

Property at 1237 W 30th St, Panama City, FL 32405

$250,000

— beds— baths— sq ft

1237 W 30th St, Panama City, FL 32405

Property at 1308 Savannah Dr, Panama City, FL 32405

$119,000

— beds— baths— sq ft

1308 Savannah Dr, Panama City, FL 32405

Property at 4527 Hilltop Ln, Panama City, FL 32405

$269,000

— beds— baths— sq ft

4527 Hilltop Ln, Panama City, FL 32405

Property at 2423 Airport Rd, Panama City, FL 32405

$250,000

— beds— baths— sq ft

2423 Airport Rd, Panama City, FL 32405

Property at 4604 Britton Rd, Panama City, FL 32405

$339,000

— beds— baths— sq ft

4604 Britton Rd, Panama City, FL 32405

Property at Thatch Plan, Panama City, FL 32405, 2 beds, 2 baths

$382,250

2 beds2 baths1,167 sq ft

Thatch Plan, Panama City, FL 32405

Listing provided by Zillow

Property at 1924 Danford Ave, Panama City, FL 32405, 3 beds, 3 baths

$279,900

3 beds3 baths1,424 sq ft

1924 Danford Ave, Panama City, FL 32405

Property at The Waverly Plan, Panama City, FL 32405, 4 beds, 2 baths

$449,000

4 beds2 baths1,620 sq ft

The Waverly Plan, Panama City, FL 32405

Listing provided by Zillow

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Based on information submitted to the MLS GRID as of Fri Nov 28 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 32405

There are currently 145 cheap homes for sale in 32405 at a median listing price of $347K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 32405 stay on the market for 98 days. This map is refreshed with the newest listings in 32405 every 15 minutes.

In the past month, 40 homes have been sold in 32405. In addition to houses in 32405, there were also 0 condos, 17 townhouses, and 10 multi-family units for sale in 32405 last month. Find your dream home in 32405 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 32405 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 32405. If you're looking to sell your home in the 32405 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 32405 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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