Panama City Beach Homes under $400,000

Panama City Beach Homes under $400,000

Welcome to Panama City Beach, Florida—a stunning coastal gem nestled in Bay County, where the sun-kissed shores meet the vibrant charm of a beach town. Known for its breathtaking white sandy beaches and crystal-clear turquoise waters, Panama City Beach offers a unique blend of relaxation and adventure. Whether you're looking to bask in the sun, explore the rich marine life, or indulge in delectable seafood cuisine, this lively destination has something for everyone.

For those seeking a slice of paradise without breaking the bank, Panama City Beach boasts an impressive selection of homes priced under $400,000. This makes it an ideal market for first-time homebuyers, retirees, or anyone looking to invest in a vacation property. Imagine waking up to the sound of gentle waves and enjoying your morning coffee with a view of the beach—all possible within this budget-friendly range.

The community here is as welcoming as the sunshine, with friendly neighbors and a plethora of amenities nearby. Enjoy the convenience of local shops, restaurants, and recreational activities, all while being just moments away from the stunning coastline. Whether you prefer a cozy beach cottage or a modern condo, the diverse real estate options in Panama City Beach cater to various lifestyles and preferences.

Come explore the beauty and charm of Panama City Beach. With homes under $400,000, your dream of coastal living is more attainable than ever. Discover your perfect oasis in this enchanting seaside community today!

Newest Panama City Beach Homes under $400,000

520 N Richard Jackson Blvd Unit UNIT 112, Panama City Beach
$199,000
1 Baths ⋅ 1013256 MLS
Discover the exceptional opportunity to own Villa #112 at Edgewater Beach & Golf Resort, one of Panama City Beach's most sought-after gated resort communities. This extremely rare studio floor plan offers the full Edgewater resort experience while featuring the lowest HOA dues in the entire complex. This fully furnished, ground-level villa offers a unique combination of comfort, convenience, and privacy, with beautiful golf course views from both the living area and private back patio. Ground-level living means easy access with parking immediately outside the front door--no stairs, elevators, or long walks when unloading luggage, groceries, or beach gear. The villa is also conveniently located directly beside one of Edgewater's many heated villa pools. Owners and guests enjoy an impressive array of resort amenities, including the spectacular 11,000-square-foot lagoon-style pool, 10 additional heated pools, hot tubs, on-site restaurants and bars, a nine-hole golf course, tennis and pickleball courts, and more. Getting to the beach is simple, with a short walk across the Edgewater Walkover Bridge or complimentary tram service providing easy access to the lagoon pool and beachfront. Beyond the resort gates, an outstanding selection of restaurants, shopping, entertainment, a convenience store, bowling, and other attractions are just moments away. The Bay County Pier is also approximately two blocks from the resort.

520 N Richard Jackson Blvd Unit UNIT 112, Panama City Beach
14701 Front Beach Rd Unit UNIT 1226, Panama City Beach
$339,000
1 Beds ⋅ 1 Baths ⋅ 1013231 MLS
Wake up to breathtaking Gulf views from this 12th floor beautifully updated 1 bedroom 1 bathroom beachfront condo featuring hallway bunks, perfect for additional guests or family getaways. This light and bright unit boasts new stainless steel appliances, granite counters, shaker style white cabinets, new furniture, modern lighting, comfortable new mattresses, and a stylish updated bathroom vanity. Enjoy resort-style amenities with multiple sparkling pools/hot tubs, (one Gulf front), fitness center, restaurant, Skybar, on-site Starbucks, community rooms, and a beach store. Just a few minutes to Pier Park and all of it's shopping and restaurants. This unit is turnkey and rental ready. Don't miss your chance to own a slice of paradise!

14701 Front Beach Rd Unit UNIT 1226, Panama City Beach
219 Palmeras Marinas Ln, Panama City Beach
$339,000
3 Beds ⋅ 3 Baths ⋅ 1012830 MLS
Looking for a place near the beach that works just as hard as you do? This nearly NEW 3-bedroom, 2.5-bath *fully furnished* townhome offers an exciting opportunity in the heart of Panama City Beach, whether you're searching for a primary residence, second home, or potential investment property. As an added benefit, there is a $10,000 seller credit as part of an acceptable offer. This can be used toward closing costs or an interest-rate buydown, giving you options to significantly reduce your upfront or monthly costs. Inside, the home feels bright, comfortable, and thoughtfully put together. The open-concept main level connects the living, dining, and kitchen areas, creating an easy space for everyday living and entertaining. The kitchen features white cabinetry, granite countertops, stainless steel appliances, a spacious center island with seating, and plenty of storage. Durable EVP flooring runs throughout the main living area, while recessed lighting and a neutral color palette keep the space light and inviting. All three bedrooms are upstairs, offering separation between the living and sleeping spaces. The primary suite offers a generous closet and private bath with dual sinks and an oversized shower, while two additional bedrooms and a full hall bath provide plenty of room for family or guests. The home is furnished, making it easier to start enjoying the property without the added expense and logistics of furnishing a second home or investment from scratch. The one-car garage with a finished epoxy floor provides valuable space for parking, storage, beach gear, or bikes, while gutters add practical appeal. And the location is hard to beat. You're less than half a mile from Panama City Beach's sugar-white sand, with restaurants, shopping, entertainment, golf, and Pier Park just minutes away. Short-term rentals are allowed, giving the future owner additional flexibility in how they use the property. Nearly new, beautifully maintained, and just minutes from the beach, this stylish Panama City Beach townhome offers an easy opportunity to make the beach lifestyle your own.

219 Palmeras Marinas Ln, Panama City Beach
9900 S Thomas Dr Unit 2126, Panama City Beach
$329,900
1 Beds ⋅ 2 Baths ⋅ 1013174 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 Dr Unit 2126, Panama City Beach
22222 Inlet Beach Dr, Panama City Beach
$365,000
4 Beds ⋅ 2 Baths ⋅ 1013166 MLS
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
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
9900 S Thomas Dr Unit 1911, Panama City Beach
$365,000
2 Beds ⋅ 2 Baths ⋅ 1013101 MLS
Positioned on the 19th floor of Shores of Panama, Unit 1911 presents an exceptional opportunity for investors seeking a Gulf-front vacation rental in the heart of Panama City Beach. This beautifully maintained condo offers unobstructed southern-facing views of the resort's expansive lagoon-style pool and the sparkling Gulf waters, creating an ideal setting for attracting vacation renters and maximizing the appeal of a short-term rental property. The spacious open-concept floor plan provides a comfortable and inviting environment for guests, with tile flooring throughout the main living areas and a private balcony where guests can relax while enjoying panoramic views of the resort and Gulf. The well-appointed kitchen features granite countertops, modern appliances, and a functional layout that makes preparing meals and entertaining convenient. The condo's two bedrooms plus a dedicated bunk room provide flexible accommodations for families and groups, while both the bedroom and bunk room feature private full bathrooms. A full-size stacked washer and dryer add another valuable convenience for vacation guests and owners. From an investment perspective, Unit 1911 combines several features that can make a Gulf-front vacation rental highly desirable, including its high-floor location, direct Gulf views, resort setting, beach access, and family-friendly accommodations. Guests also have access to an extensive collection of on-site amenities designed to create a complete vacation experience without leaving the property. Shores of Panama features a spectacular Gulf-front lagoon-style pool complete with waterfalls and bridges, along with a heated indoor pool, hot tub, and outdoor Jacuzzi. Guests enjoy private beach access, beachfront water sport rentals, and convenient dining and refreshment options including a poolside tiki bar, on-site tiki grill, and coffee and donut shop. Additional resort conveniences include a covered parking garage, 24-hour fitness center, meeting and event space, picnic and grilling areas, and complimentary Wi-Fi throughout the property. For investors, the combination of Gulf-front location, resort amenities, spacious guest accommodations, private balcony, and sought-after Panama City Beach location provides a compelling foundation for a vacation rental property. The layout is well suited for families and groups, while the resort environment offers the amenities and experiences that can help make a property attractive to short-term vacation guests. Whether you're looking to expand a vacation-rental portfolio, purchase a second home with rental potential, or own a Gulf-front property that can generate rental income when you're not using it, Unit 1911 offers the views, accommodations, location, and resort lifestyle that make Shores of Panama a recognizable destination in Panama City Beach. Unit 1911 is a Gulf-front investment opportunity that combines impressive views, strong guest appeal, and the convenience of a full-service resort setting.

9900 S Thomas Dr Unit 1911, Panama City Beach
404 Wisteria St, Panama City Beach
$349,000
3 Beds ⋅ 1 Baths ⋅ 1013088 MLS
Your Florida Beach Cottage Awaits! Just a short stroll to the beautiful Gulf beaches--this charming 3-bedroom, 1-bath block home is ready for its next chapter! It has been recently updated with new cabinets, countertops, stainless steel appliances and new lighting fixtures. With classic terrazzo floors, a nice-sized lot, (50x140) and plenty of room to create your own backyard oasis--including space for a pool--this property is full of possibilities. Use it as your full-time Florida retreat or second home, getaway where you can relax, make memories, and enjoy everything beach life has to offer. Block construction adds peace of mind, while the location puts you close to the sand, sunshine, and all the fun of the coast. Centrally located you are a short drive to pier park and on the opposite direction a short drive to everything the east end of PCB has to offer. Pack your flip-flops and come see why this little beach cottage could be the perfect place for your slice of paradise!

404 Wisteria St, Panama City Beach
9860 S Thomas Dr Unit UNIT 1913, Panama City Beach
$355,000
1 Beds ⋅ 2 Baths ⋅ 1013069 MLS
BEAUTIFULLY RENOVATED & TURNKEY with nearly $60K in upgrades and renovations! Unit 1913 offers a stunning full view of the emerald waters of the Gulf from the living room and kitchen, creating the perfect backdrop for your Panama City Beach getaway. Bright, fresh, and completely updated, this furnished unit is ready to enjoy from day one or add to your investment portfolio. Recent upgrades include brand-new LVP flooring throughout, fresh interior paint, new furniture and mattresses, new washer and dryer, new light fixtures, and stylish gold faucets and door hardware throughout. The beautifully updated kitchen features all-new cabinetry with soft-close drawers, new countertops, a decorative bamboo-look accent on the front of the bar, and updated appliances. The refrigerator, dishwasher, and microwave are approximately one year old, and the stove is brand new. Both bathrooms have been completely renovated with gorgeous tiled showers, glass shower doors, new vanities, fixtures, and finishes that give the unit a fresh, upscale coastal feel. Every detail has been thoughtfully updated to create a bright, inviting space that is truly move-in ready. Whether you're looking for a vacation retreat, a place for family fun at the beach, or an addition to your investment portfolio, Unit 1913 offers the convenience of a fully furnished, turnkey property in the heart of Panama City Beach. All information is believed to be accurate; if measurements are important, buyer should verify. For a full list of the upgrades and renovation costs, please see the documents tab.

9860 S Thomas Dr Unit UNIT 1913, Panama City Beach
9860 S Thomas Dr Unit UNIT 1825, Panama City Beach
$399,995
3 Beds ⋅ 2 Baths ⋅ 1013005 MLS
Welcome to your very own beach oasis! As you enter this meticulously cared for 2 bedroom/ 2 bathroom plus Bunk Room unit, just steps away from The World's Most Beautiful White-Sand Beaches', Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking. Laketown Wharf Offers a variety of views, including The Gulf of Mexico, Lake & Golf Course. This unit is situated above it all and has unparalleled views of the Gulf. Enjoy The Nightly Fountain & Light Show & Market Shops Along The 52,000 Sq ft of Lakefront Boardwalk

9860 S Thomas Dr Unit UNIT 1825, Panama City Beach
9850 S Thomas Dr Unit UNIT 1006E, Panama City Beach
$269,000
1 Beds ⋅ 1 Baths ⋅ 1012987 MLS
'A'' units are the largest in the building. . Sunbird is a gated beachfront community that has recently received a refresh with new exterior paint, updates, and new beautiful landscaping, new exterior windows and doors and rails on balconies. Spend your day enjoying three swimming pools, including a pool heated during the cooler months. There is a wrap around composite sun decks and grills around the pool sunbathing areas. The upgraded fitness center, pickleball courts, and tennis court provide plenty of ways to stay active. Given the rarity of ''A'' units, this opportunity won't last long. Act quickly to secure this exceptional property! Imagine waking up to the laid-back beach lifestyle at Sunbird! This spacious condo offers a roomy living area plus a separate dining space that could potentially be transformed into an additional bedroom, giving you flexibility for family, guests, or rental use. The bedroom comfortably accommodates a king-size bed and features a walk-in closet. Some owners have added French doors to the bedroom, creating an even more open feel and enhancing the Gulf views. This floor plan also features the largest bathroom in the building. Best of all, you're just a short stroll from restaurants, shopping, and the fun of Panama City Beach. And with a new A/C system, this condo is ready to enjoy as your beach getaway, second home, or investment property.

9850 S Thomas Dr Unit UNIT 1006E, Panama City Beach
11757 Front Beach Rd Unit UNIT L404, Panama City Beach
$399,000
1 Beds ⋅ 2 Baths ⋅ 1012875 MLS
Welcome to your furnished, turnkey beachfront retreat on the stunning emerald waters and sugar white sands of Panama City Beach! This beautiful 1 bedroom, 2 full bath condo offers breathtaking Gulf views from every room, with sunrises and sunsets that are truly unforgettable. Enjoy direct balcony access from both the living area and bedroom, creating the perfect setting for morning coffee, evening cocktails, and endless coastal views. Whether you're searching for a short term rental investment, second home getaway, or full time coastal residence, this condo offers incredible versatility. Step to the sand, pool, and resort amenities, putting the best of the beach lifestyle right at your doorstep. Offered furnished it's ready for you or your guests to start enjoying from day one. Come experience beachfront living in one of Panama City Beach's most desirable settings!

11757 Front Beach Rd Unit UNIT L404, Panama City Beach
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