Panama City Homes with True Waterfront

A boater's dream with limitless potential! Situated on a sprawling lot in an established neighborhood with NO HOA, this classic 1959 waterfront property boasts true deepwater access with a private dock capable of accommodating a large vessel. Offered in true ''As-Is'' condition, this home needs work but delivers good bones, character, and a coastal lifestyle. Step inside to a layout designed around water views and entertaining. The dining room serves as a focal point with tile flooring, a custom accent ceiling, and panoramic waterfront views that flood the space with natural light. Adjacent sits a versatile, oversized service bar that seamlessly connects the dining area to the living room, where you'll find classic hardwood floors and a cozy gas fireplace with a brick surround. The generous kitchen comes fully equipped with newer GE stainless steel appliances, an island with a cooktop, a pantry, an abundance of cabinetry, and charming green tile countertops. The home features 3.5 bathrooms, including a convenient exterior-access bathroom ideal for rinsing off after a day out on the water or on the boat. The primary suite includes a walk-in closet and a beautifully renovated en-suite bathroom complete with an updated vanity, a tiled shower with seating, a free-standing soaking tub, and a stunning stained-glass window. Outside, the large lot features a detached garage/workshop equipped with power--perfect for boat maintenance, DIY projects, or extra storage. Bring your boat, bring your vision, and secure rare deepwater property today!

5121 Stratford Avenue, Panama City

$3,400,000

796329 MLS

Discover an exceptionally rare opportunity to own nearly 2 acres of premier bayfront property in the heart of Historic St. Andrews - one of Panama City's most desirable and charming waterfront communities. Spanning approximately 1.9 acres, this extraordinary estate-sized homesite offers the perfect setting to build your dream waterfront residence, private retreat, or luxury family compound. Nestled at the end of a quiet street, the property features approximately 165 feet of direct frontage on St. Andrews Bay, providing breathtaking panoramic water views, mature oak trees, and a level of privacy seldom found in such a sought-after location. Enjoy direct access to the bay and Gulf waters for boating, fishing, paddleboarding, and endless outdoor recreation, all from your own backyard. A dock permit has already been issued for reconstruction of the existing dock, including a 332-foot walkway, three 38-foot finger piers, and a 14' x 38' covered boat slip with lift. This exceptional setup offers ample space for multiple vessels and creates the ultimate waterfront lifestyle. Imagine departing from your private dock for a family excursion to Shell Island, an afternoon on the water, or an early morning chasing redfish across the nearby flats. Perched at a high elevation, the property offers stunning sunset views over the bay, creating a spectacular backdrop for everyday living. Despite its peaceful, secluded setting, the homesite is just minutes from the shops, restaurants, marina, and vibrant atmosphere of Historic St. Andrews, with convenient access to Downtown Panama City and the white-sand beaches and emerald waters of the Gulf Coast.

3333 W 14th Street, Panama City

$385,000

2 Beds ⋅ 2 Baths ⋅ 796304 MLS

2BR/2BA waterfront condo in Summerhouse in Panama City Beach. Gulf views from a 120 sq ft balcony. Furnished 7th-floor unit, built 1985. This furnished 2-bedroom, 2-bath waterfront condo at Summerhouse in Panama City Beach offers 1,015 sq ft of heated and cooled living space on the 7th floor of the B Building's east side. Unit 707 pairs Gulf and lagoon views with a 120 sq ft balcony and wall-to-wall sliding glass doors that bring natural light and coastal views into the living space. Tile flooring runs throughout the unit for a consistent, easy-care finish. The kitchen has been updated with appliances, counters, cabinets, sink, lighting and hardware. Per the owner, the refrigerator and dishwasher were replaced within the last two years. Both bathrooms also feature updated cabinets, sinks, lighting and hardware. The split-bedroom layout includes a waterfront primary bedroom with balcony access, and the condo is offered furnished. Summerhouse is a Gulf-front condominium complex with approximately 400 feet of beach frontage. Community amenities include two pools, including one heated in winter, a kiddie pool, spa/hot tub, tennis and shuffleboard courts, game room, community and owners lounge areas, BBQ grills, gazebo and picnic areas, elevators, security, and onsite homeowners and rental offices. The lobby, check-in and lounge areas have also been updated, along with a small onsite store area for essentials and snacks. The property is located on Thomas Drive, with St. Andrews State Park, restaurants, grocery shopping, and area fishing, diving and sightseeing boat operations nearby. The MLS notes immediate occupancy and owner pet-friendly status. Monthly HOA dues are $1,211.06 and include accounting, cable TV, insurance, internet, grounds maintenance, management, pest control, security, sewer, trash and water.

6505 Thomas Drive Unit 707, Panama City

$4,550,000

796288 MLS

***SELLER WILL FINANCE!!! 15-20% DOWN, 3 TO 5 YEAR BALLOON, 6.5% RATE, 30 YEAR AMORTIZATION*** Future site of Panama City Beach's newest bay front condominium complex. 9 story, 99 unit complex can be built on this lot. Over $1,900,000 of infrastructure already in place. Just a short 10 to 15 minute boat ride out to the open gulf. Fitness center and game room/lounge in sister building will be available to owners. All information is approximate and should be verified by buyers if important.

2400 Grandiflora Boulevard, Panama City

6901 N Lagoon Drive Unit 37, Panama City

$215,000

2 Beds ⋅ 2 Baths ⋅ 796291 MLS

Life waterfront on Grand Lagoon is calling. This beautifully renovated, fully furnished, ground-floor condo is stunning. And with your boat never far away at the dock and the white sandy beach just a short drive down the road, this is an incredible second home or primary residence. This 2-bedroom, 2-bath home is truly move-in ready. Freshly renovated and furnishings included, start your mornings on the covered back patio with a cup of coffee before heading out on the water. The galley kitchen is bright and inviting, with white cabinets, stainless appliances and a decorative tiled backsplash. Gather for dinner and settle into the spacious living room after a long day of sun and salt air after being at the pool. Ground-floor living means no hauling beach gear, groceries, or fishing tackle up the stairs! Both bedrooms are generously sized with plenty of closet space, so there's room for guests to settle in comfortably. Both baths have been fully renovated with new tiled showers, new vanities, and new toilets. A full size washer and dryer are also included in the unit making it a great place to stay for long trips. With water views, furnishings included, this condo needs nothing but you! The best part waits just outside your door. Palisades offers a waterfront boat dock and fish cleaning station right on Grand Lagoon. Dock your boat, and you're a short cruise from Shell Island's crystal-clear shallows or the open Gulf for a day of fishing. Come back in with the catch of the day and clean it right on site. If fishing isn't your thing, grab a paddleboard or kayak and explore the calm waters of the lagoon, or head a few minutes to the World's Most Beautiful Beaches. In between adventures, cool off in the community pool, community pool play a match on the community tennis courts. Boat slips are first come, first served and you may leave your boat in the water as long as you'd like. Like to keep your boat in dry storage at Pirates Cove or Treasure Island just down the road? This is perfect to take your boat out of storage and keep it behind your own condo whenever you want! Some of Panama City Beach's most popular restaurants and waterfront hangouts are just minutes away, so sunset dinners and live music are always close by. Whether you're looking for a full-time home, a weekend escape, or a place to make your beach-life dreams come true, Unit 37 has it all. HOA fees include water, sewer, garbage, exterior insurance, community room, dock, pool, tennis, groundskeeping and cable.

6901 N Lagoon Drive Unit 37, Panama City

$1,899,000

4 Beds ⋅ 3 Baths ⋅ 1013314 MLS ⋅ 3,233 SqFt.

Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

720 Bunkers Cove Rd, Panama City

$1,899,000

4 Beds ⋅ 3 Baths ⋅ 796269 MLS

Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

720 Bunkers Cove Road, Panama City

$4,000,000

796272 MLS

THE CLOYSTER -- A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites -- 4 waterfront and 4 interior -- creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers. Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless. With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB's most sought-after waterfront corridors. Eight residences, private pools, private boat slips, and Gulf access -- a combination that is increasingly difficult to find.

7801 N Lagoon Drive, Panama City

$495,000

3 Beds ⋅ 2 Baths ⋅ 796233 MLS

Rare Gulf-Front Opportunity at Regency Towers! Experience breathtaking, panoramic views of the Gulf from this highly sought-after front-stack 3-bedroom, 2-bath residence at Regency Towers. Rarely available on the beachfront, this spacious residence offers a layout well-suited as a primary home, vacation getaway, or income-producing short-term rental. Clear views of emerald waters and picturesque sunsets await from your private Gulf-front balcony, accessible right off the living area. The open floor plan includes a full kitchen, generous dining and living spaces, and comfortably proportioned bedrooms designed to accommodate family and guests with ease. Regency Towers provides an array of resort-style amenities, including two large beachfront pools, a poolside bar and grill, fitness center, billiards room, movie nights, and direct gated access to the white sand beaches. All of this is situated just minutes from Panama City Beach's top dining, shopping, and entertainment spots. Offered fully furnished and turnkey--complete with furniture, decor, and kitchen essentials--this property is set up for immediate personal enjoyment or rental potential.

5801 Thomas Drive Unit 621, Panama City

7205 Thomas Drive Unit A604, Panama City

$475,000

2 Beds ⋅ 2 Baths ⋅ 796178 MLS

BUILDING BEING COMPLETELY RENOVATED!! 2 / 2 unit is on the west side of the building with sunset views. The open kitchen has ample countertop space with a breakfast bar, stainless appliances, updated bathrooms, washer and dryer. 1,500 ft. of sugar-white beachfront, three large gulf-front pools that are seasonally heated, volleyball, lighted tennis courts, basketball, shuffleboard, swing sets on the beach, outdoor BBQ grills, picnic tables, fitness room, wireless internet throughout the property, private meeting rooms available for rent and onsite beach chair and umbrella rentals. All measurements & sizes taken from appraiser site and approximate. Buyer should verify any and all information that they deem to be important!

7205 Thomas Drive Unit A604, Panama City

9900 S Thomas Drive Unit 1911, Panama City

$365,000

2 Beds ⋅ 2 Baths ⋅ 796136 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 Drive Unit 1911, Panama City

4100 Marriott Drive Unit 809, Panama City

$669,000

2 Beds ⋅ 2 Baths ⋅ 796120 MLS

Welcome to Penthouse Unit 809 at Reflections at Bay Point! Where panoramic views and beautifully updated interiors create an exceptional coastal retreat. From this stunning home, enjoy expansive bay and Gulf views as well as the golf course and pool area, creating an impressive backdrop from morning to evening. This 2 bedroom, 2 bath condo has been thoughtfully updated with luxury vinyl plank flooring, fresh paint, crown molding, custom window and door trim, shiplap accents and updated lighting. The beautifully renovated kitchen features soft-close cabinetry, custom storage with lazy Susans & wine rack, granite countertops and backsplash, a Kohler cast iron farmhouse sink and Bosch appliances including an induction/convection range, convection microwave and dishwasher. The spacious owner's suite takes advantage of the beautiful views and features an updated bath including new shower glass, tile & fixtures, flooring, granite countertops, vessel sinks, heated towel racks and updated lighting. The guest bedroom features a beautiful elevated view overlooking the Bay Point community and its lush coastal surroundings. The guest bath has also been beautifully updated with new tile, glass, fixtures, granite countertop and vessel sink. Recent improvements include an upgraded HVAC system in January 2026 and Aeroseal duct sealing, along with numerous additional updates throughout the residence. Reflections amenities include its beautiful lagoon-style pool, spas, fire pit and grilling/dining areas providing a relaxing resort style setting just steps from home. Beyond Reflections, the surrounding Bay Point area offers golf, Point South Marina and dining nearby. Head to the pier at Pelican's to catch a catamaran for a day on the water or simply enjoy a breathtaking sunsets. Whether enjoying the panoramic views or heading out to experience Panama City Beach, Penthouse Unit 809 offers an impressive combination of location, beautiful updates and elevated coastal living. A must-see home!

4100 Marriott Drive Unit 809, Panama City

Panama City Homes with True Waterfront

Newest Panama City Homes with True Waterfront