Panama City Beach Homes under $1.25 million

ARUBA w/POND + PRESERVE lot in Phase 5. Island Collection home FULLY FURNISHED/TURNKEY ready for you to start enjoying the Margaritaville lifestyle from day one! Tenant Occupied until 10/25/26. This thoughtfully upgraded home (just minutes from the Town Center and the incoming Publix) offers an open-concept layout with a chef-inspired kitchen featuring Level 5 Montgomery quartz countertops, contrasting island cabinetry, full-height glass mosaic backsplash, single-bowl undermount sink, sleek stainless kitchen faucet, soft-close cabinetry and drawers, pot-and-pan storage, crown molding, and under-cabinet LED lighting. The spacious great room is enhanced by a gas fireplace with blower and Roxborough Bianco White Marble matte surround, while upgraded laminate flooring extends front to back through the main living areas. Additional interior upgrades include 8-foot interior doors, panel doors at the den, whole-house wood ventilated shelving, satin-nickel hardware, upgraded interior paint, and recessed LED lighting in the great room, dining room, den, primary bedroom, bedroom two, and covered lanai. The primary suite features a spa-style bathroom with Level 5 quartz, upgraded cabinetry, rectangular undermount sinks, brushed-nickel fixtures, seamless shower enclosure, rain shower head on transfer valve, shower tile extended to the ceiling, decorative listello accent, pebble shower floor, and a corner shower ledge. The secondary bath includes a tiled shower with tile extended to the ceiling, upgraded vanity with quartz countertop, and brushed-nickel finishes. Enjoy Florida outdoor living from the screened covered lanai, complete with recessed lighting and a gas stub for grilling. Additional conveniences include a three-car garage with attic storage, utility sink, soft-water loop and drain, key-drop area, upgraded laundry cabinetry with quartz countertop, exterior flood lighting, added GFI/outlet locations, and an upgraded glass front entry door. Furnishings and personal property shown in photographs or present during showings are for marketing illustration only and are not representations of items included in the sale. Only personal property specifically identified as included in the fully executed purchase contract and any written inventory signed by Buyer and Seller shall convey. With the Publix underway and many businesses already open, this cottage is just minutes to the retail that is coming to life. Latitude Margaritaville Watersound is the premier 55+ community with literally unmatched private amenities in the area to include a resort style pool, restaurant, 3 bars, state of the art fitness center, dog park, dog spa, woodworking, pottery, full size theatre, pickleball, bocce, tennis, basketball, cornhole, pool table, table tennis and live music 7 DAYS A WEEK and events, groups and clubs galore. What's not to love when you live where others vacation!

9431 Paradise Drive, Panama City Beach

9900 S Thomas Drive Unit 2126, Panama City Beach

$329,900

1 Beds ⋅ 2 Baths ⋅ 796189 MLS

SUNSET VIEWS FROM THE BALCONY. SUNRISE VIEWS FROM THE PRIMARY BEDROOM. DEEDED PARKING. Shores of Panama 2126 is a beautifully maintained, professionally managed N floor plan featuring one bedroom, a bunk room, two full bathrooms, and a deeded parking space on the 11th floor. Positioned high above Panama City Beach, the condo offers Gulf views in two directions. From the living room and balcony, enjoy views across the resort's lagoon-style pool toward the Gulf, including southwest-facing sunset views. From the primary bedroom, the perspective shifts southeast along Panama City Beach's coastline, offering Gulf and sunrise views from the opposite side of the residence. Inside, coastal decor and LVP flooring throughout create a bright, cohesive interior. The primary bedroom includes a king-size bed and large flat-screen TV. The living room features a new U-shaped, deep-seated pullout sofa and large flat-screen TV. The kitchen is finished with granite countertops and stainless steel appliances, while a front-loading stackable washer and dryer provides in-unit laundry. The HVAC system was replaced in 2020, and the water heater was replaced in 2021. Documented rental income paid to the owner after management totaled $35,284.13 in 2024 and $30,135.85 in 2025. Completed stays through September 29, 2026, generated $27,818.74 after management and before other ownership expenses. Dolce Vita Getaways has also provided a projected annual rental revenue of $44,100, with an estimated range of $35,500 to $54,400 before management fees and ownership expenses. Past performance and projections are provided for informational purposes only and are not guarantees of future rental income. Shores of Panama Resort features one of the largest Gulf-front lagoon-style pools in Panama City Beach. The zero-entry tropical pool includes palm-lined islands, fountains, a spacious hot tub, and direct access to the resort's beachfront area. Additional amenities include an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, attractions, and entertainment nearby. Pineapple Willy's is adjacent to the resort, while Laketown Wharf directly across the street offers a variety of dining, retail, and entertainment options including Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots, The Press, The Bun Lab, 810 Billiards & Bowling, salon services, and more. Additional Panama City Beach attractions and entertainment venues include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are $3,147.62 per quarter. All information, rental income, projections, HOA fees, assessments, measurements, and property details are deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 2126, Panama City Beach

9900 S Thomas Dr Unit 2126, Panama City Beach

$329,900

1 Beds ⋅ 2 Baths ⋅ 1013174 MLS ⋅ 936 SqFt.

SUNSET VIEWS FROM THE BALCONY. SUNRISE VIEWS FROM THE PRIMARY BEDROOM. DEEDED PARKING. Shores of Panama 2126 is a beautifully maintained, professionally managed N floor plan featuring one bedroom, a bunk room, two full bathrooms, and a deeded parking space on the 11th floor. Positioned high above Panama City Beach, the condo offers Gulf views in two directions. From the living room and balcony, enjoy views across the resort's lagoon-style pool toward the Gulf, including southwest-facing sunset views. From the primary bedroom, the perspective shifts southeast along Panama City Beach's coastline, offering Gulf and sunrise views from the opposite side of the residence. Inside, coastal decor and LVP flooring throughout create a bright, cohesive interior. The primary bedroom includes a king-size bed and large flat-screen TV. The living room features a new U-shaped, deep-seated pullout sofa and large flat-screen TV. The kitchen is finished with granite countertops and stainless steel appliances, while a front-loading stackable washer and dryer provides in-unit laundry. The HVAC system was replaced in 2020, and the water heater was replaced in 2021. Documented rental income paid to the owner after management totaled $35,284.13 in 2024 and $30,135.85 in 2025. Completed stays through September 29, 2026, generated $27,818.74 after management and before other ownership expenses. Dolce Vita Getaways has also provided a projected annual rental revenue of $44,100, with an estimated range of $35,500 to $54,400 before management fees and ownership expenses. Past performance and projections are provided for informational purposes only and are not guarantees of future rental income. Shores of Panama Resort features one of the largest Gulf-front lagoon-style pools in Panama City Beach. The zero-entry tropical pool includes palm-lined islands, fountains, a spacious hot tub, and direct access to the resort's beachfront area. Additional amenities include an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, attractions, and entertainment nearby. Pineapple Willy's is adjacent to the resort, while Laketown Wharf directly across the street offers a variety of dining, retail, and entertainment options including Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots, The Press, The Bun Lab, 810 Billiards & Bowling, salon services, and more. Additional Panama City Beach attractions and entertainment venues include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are $3,147.62 per quarter. All information, rental income, projections, HOA fees, assessments, measurements, and property details are deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Dr Unit 2126, Panama City Beach

8727 Thomas Dr Unit UNIT B6, Panama City Beach

$460,000

3 Beds ⋅ 3 Baths ⋅ 1013169 MLS ⋅ 1,512 SqFt.

LOWEST PRICED and one of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the entire beach!!! This unbelievable condo has been loved by the same family for 27 years, and now that they are starting a new chapter in life, they are offering it up at a once in a lifetime price! Let's look at the facts... Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's and the all new and Wildly Popular Tootsie's Honkytonk (with big name country music stars performing regularly)! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away! Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf-front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in Sugar Beach brings in over $60k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 10% - which is unheard of nowadays. And with over $90k invested in updates over the last few years, it simply doesn't get any better than this! Updates include: All new kitchen cabinets and counter tops, HVAC, water heater, electrical panel, shower inserts, LVP flooring in bedrooms, couch and loveseat, and all new hurricane sliding doors and windows. Welcome to Paradise!!!

8727 Thomas Dr Unit UNIT B6, Panama City Beach

$365,000

4 Beds ⋅ 2 Baths ⋅ 1013166 MLS ⋅ 1,524 SqFt.

Situated on a half-acre of prime property on the desirable west end, this home is tucked away on a quiet street and offers space, privacy, and incredible outdoor living. This home features frame additions and are complemented by a detached two-car garage/workshop, while the entire property is fully fenced in. Enjoy outdoor living at its best with nearly 1300 square feet of porch including a large covered front porch, a covered back porch, and an expansive open deck featuring built-in seating--perfect for grilling and entertaining. The backyard is designed for fun and relaxation, complete with a circular above-ground pool, and pool house. Inside, the kitchen is equipped with stainless steel appliances ideal for cooking enthusiasts.

22222 Inlet Beach Dr, Panama City Beach

101 Cain Rd Unit UNIT H, Panama City Beach

$209,900

1 Baths ⋅ 1013165 MLS ⋅ 410 SqFt.

Owner Financing Available With Acceptable Terms! This first floor condo (NO Stairs to Climb) located at Pirate's Cove offers affordable living just steps to the water. This quaint community offers beautiful views of Lake Powell where you can enjoy a day of jet skiing, kayaking and paddleboarding all the way to the gulf. There is also a pier for a day of fishing, a boat launch and two community pools, one of which is directly off of the patio and the other overlooks the lake. This cozy, first floor studio unit comes fully furnished and will be perfect for a rental or to call home. At Pirate's Cove, you are just a short commute to the beach, Camp Helen State Park and great shopping, dining and attractions that 30A and Panama City Beach offer. Don't miss out on this opportunity to own an affordable piece of paradise. Buyer to verify all information deemed important.

101 Cain Rd Unit UNIT H, Panama City Beach

16701 Front Beach Road Unit 404, Panama City Beach

$579,900

2 Beds ⋅ 3 Baths ⋅ 796181 MLS

Photos coming soon. BEST OF THE BEST IN STERLING BREEZE! Center-of-building stack at great elevation, with the largest balcony of any floor plan in the development. Sterling Breeze is a luxury beachfront resort just 1/2 mile west of Pier Park. This 1,365 sq. ft. residence lives like a beach house, with 2 bedrooms, 3 full baths, and a bunk room. It sleeps and rents like a 3-bedroom, offering strong value and excellent rental income potential. Sold fully furnished and rental-ready. Features include 18-inch ceramic tile, 9' ceilings, and an efficient layout with Gulf and sunset views from the balcony, living room, dining area, kitchen, and primary suite. Immaculately maintained, with a private balcony made for alfresco dining and sunset evenings. This low-density boutique building has only 145 units, seven per floor, and a distinctive architectural design. Amenities include a heated overflow-edge pool and spa, fitness center, poolside internet café and wine bar, natural stone gas fire pit, seasonal beach service, and covered parking. The HOA structure is a standout. The association owns all commercial space in the building, and income from guest resort fees, front desk, beach service, and tiki bar rentals funds roughly one-third of the annual budget. The result: 2026 monthly assessments actually decreased, from $945 to $925. The association follows its Structural Integrity Reserve Study, holds over $1.9 million in reserves, and has over $1 million in operating cash. Luxury, location, and income potential on the Gulf. Schedule your private showing today!

16701 Front Beach Road Unit 404, Panama City Beach

10901 Front Beach Road Unit 2003, Panama City Beach

$625,000

3 Beds ⋅ 2 Baths ⋅ 796180 MLS

Experience the ultimate Gulf-front lifestyle at Majestic Beach Resort in this beautifully renovated 3-bedroom, 2-bath condominium offering 1,185 square feet of coastal comfort and style. Completely renovated in June 2025, this turnkey residence features a beautifully updated kitchen with new cabinetry, countertops, faucets, and GE appliances, along with both bathrooms enhanced by new vanities with granite countertops. New luxury vinyl plank flooring flows throughout the condo. Step onto your Gulf-front balcony and take in views of the emerald waters and sugar-white sands of Panama City Beach. This exceptional property also includes dedicated parking space #387 for added convenience. Enjoy the impressive amenities of Majestic Beach Resort, including direct Gulf-front beach access, multiple outdoor and heated indoor pool, hot tubs, fitness center, tennis and pickleball courts, game room, movie theater, seasonal poolside bar and grill, on-site market and deli, covered parking, and 24-hour security. Beyond the resort, Pier Park, with its outstanding selection of dining, shopping, and entertainment, is situated less than 5 miles west. Northwest Florida Beaches International Airport is approximately 18 miles away. Recently opened attractions, including Topgolf and Dolly Parton's Pirates Voyage Dinner & Show, add even more entertainment options to the surrounding area. Whether you're seeking a luxurious beach retreat, investment property, or your own slice of paradise, this beautifully updated Gulf-front condo offers an exceptional opportunity to experience the best of Panama City Beach. Schedule your showing today!

10901 Front Beach Road Unit 2003, Panama City Beach

8485 Dreams Float Court, Panama City Beach

$394,900

2 Beds ⋅ 2 Baths ⋅ 796177 MLS

Discover this perfect FULLY FURNISHED/TURNKEY Camellia Cottage in Phase 5 of the 55+ Latitude Margaritaville Watersound -- ideally positioned on one of the rarest and most desirable lots in the community and just minutes to the Town Center and incoming Publix. This home faces a wide, peaceful green space and natural preserve, offering privacy, quiet mornings, and the kind of view relocation buyers dream of when moving to Latitude and a rare find for a small cottage. This home is being sold fully furnished, turnkey and move-in ready -- including pots, pans, dishes, linens, décor, and high-end Ashley and Rooms To Go furniture. With an accepted offer, the GOLF CART also conveys, making your transition effortless from day one. All appliances convey: washer, dryer, refrigerator, range, microwave, and dishwasher. Thoughtful upgrades add comfort and convenience throughout: -Epoxy garage floor -Designer lighting and fans - Recessed lighting in kitchen - great room, dining, and porch - 20-amp garage outlet for golf cart charging - High-mounted TV jacks at lanai and great room - GFI outlet at porch - Pocket door from primary bedroom to bath - Whole-house faux wood blinds - 12'' cabinet above refrigerator - Kitchen cabinet crown molding - Single-mount kitchen sink with soap dispenser. This lot quality, turnkey furnishings, included golf cart, and lifestyle value make this home an exceptional opportunity for relocation buyers seeking a smooth, stress-free move. Enjoy preserve views from your lanai, host friends in your beautifully furnished great room, and cruise to the Town Center the moment you arrive -- this home delivers the easy, breezy Margaritaville lifestyle without the wait, without the hassle, and without needing to lift a finger. With the Publix underway and many businesses already open, this cottage is just minutes to the retail that is coming to life. Latitude Margaritaville Watersound is the premier 55+ community with literally unmatched private amenities in the area to include a resort style pool, restaurant, 3 bars, state of the art fitness center, dog park, dog spa, woodworking, pottery, full size theatre, pickleball, bocce, tennis, basketball, cornhole, pool table, table tennis and live music 7 DAYS A WEEK and events, groups and clubs galore. You're going to love it here!

8485 Dreams Float Court, Panama City Beach

117 Summer Breeze Road, Panama City Beach

$479,000

3 Beds ⋅ 2 Baths ⋅ 796176 MLS

One man's loss may truly be another buyer's gain at 117 Summer Breeze Road. The current owner invested a tremendous amount of money in getting this home ready for retirement but a change in plans now creates an opportunity to own one of the largest floor plans in Summer Breeze at an incredibly low price for the amount of upgrades and money spent. Designed and upgraded with long-term comfort in mind, this 3BR/2BA residence offers approx. 2,160 SF. Inside, soaring ceilings, crown molding, fresh paint, and refined finishes create a polished coastal feel. The newly updated kitchen features soft-close cabinetry, premium granite, stainless steel appliances, and a sleek tile backsplash. Paid-off solar panels help keep the current electric bill near low, while a newer high-end HVAC system, hybrid heat-pump water heater, updated attic insulation, hurricane shutters, and sprinkler system with private well add serious efficiency and value. Outside, enjoy a private screened pool, fenced backyard, and oversized two-car garage with room for the golf cart. Washer and dryer remain, and the home may be sold furnished. Tucked away on the quiet west end of Panama City Beach, south of Hwy 98, just minutes from Pier Park and a short golf-cart ride to Front Beach Road and the Gulf. Low HOA of approx. $300/year. No short-term rentals.

117 Summer Breeze Road, Panama City Beach

$489,999

3 Beds ⋅ 2 Baths ⋅ 796172 MLS

This gorgeous tropical home in Summerwood subdivision stands out above the rest! Inside you'll find 3 bedrooms and 2 full bathrooms, durable vinyl plank flooring, stainless steel appliances, and a comfortable, functional layout. Additional highlights include impact-resistant windows and a newer roof. Step outside to a lush tropical backyard offering a private coastal retreat with a built-in covered grilling area, pergola seating area, and quaint water features. Located on the west side of the Summerwood subdivision, the home is perfectly positioned to enjoy the colorful evening glow and lights of the beach area while still offering the feel of an established residential neighborhood. No Short Term Rentals. An excellent location for enjoying the beach and Pier Park shopping and dining.

214 Summerwood Drive, Panama City Beach

17757 Front Beach Road Unit 1406D, Panama City Beach

$395,000

1 Beds ⋅ 2 Baths ⋅ 796171 MLS

On the beautiful west end of Panama City Beach, Celadon is a great complex with amenities that create a great beach get away. Enjoy stunning views from the balcony, enjoy the pools and hot tubs, or enjoy the beach only steps from the elevator.

17757 Front Beach Road Unit 1406D, Panama City Beach

Panama City Beach Homes under $1.25 million

Newest Panama City Beach Homes under $1.25 million