$469,000 Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors. 789064 MLS Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors. 2616 Mound Avenue, Panama City
$1,195,000 There is Waterfront and then there is WATERFRONT. Welcome to 4018 PRINCESS LANE. End of the road privacy with over a half-acre lot with over 260' of Western wrap around never-ending beautiful sunsets and marine wildlife. Within 30' of the shorelines is everything from Dolphins, Manatees, Eagles, Ospreys and many other bird species. Being the end corner lot allows for one side of no adjoining neighbors. This beautiful but modest home sits in the middle of over half acre lot leaving a lot of space all around the property. The home sits on two lots and could eventually be divided if you choose. There is over 1,700 sq ft of waterfront views from every room. The home is a 2-bedroom 2 bath home with an additional home office with a waterfront view, too. This 10X10 room could be converted into a third bedroom if necessary. There is a beautiful Sunroom with new hurricane windows to sit and enjoy the bay. The improvements recently completed to the home are: New hurricane proof windows at a cost of $50,000.00, A 25-Kilowatt generator that will run the entire home for 2 to 3 weeks without power $12,000.00, An entire new rip rap wall seawall for additional storm protection $25,000.00, All new spray foamed insulation through entire home $7,500.00, An outdoor 30' x 40' partially covered entertainment concreted area with room to lounge and enjoy the outdoors and soaking up the sun. To include an outdoor kitchen and TV living room covered area- $20,000.00, the new dock was constructed in 2020, $15,000.00. The dock will handle up to a 25' to a 28'' boat easily in the summer. as the winter tides get shallow the depth drops. Dock could be extended if needed. There is DIRECT GULF ACCESS from the back yard. Privacy fence blocking the neighboring yard. The home is ready to move in! Waterproof laminate flooring throughout the entire home. Widened driveway allowing for 4 car parking in the driveway plus adjoining gravel drive for 2+ additional cars. New 10'x16' storage building and an additional drive all the way into the back yard with a private area down to the water which has full hookup for an RV for your guest's privacy when they come to stay longer than you really choose for them to. Short term rentals are available in this area which would make for a great rental investment property and still allow all the private use you would care to enjoy. The home could easily sleep 8 to 10 people. A small separate 12' x12' upper deck was built to enjoy the view over the small bayou area beside the home which has plenty of storage underneath for beach chairs, outdoor games, etc... Please pardon the YARD as we are currently working on beautifying it. Allow a 24-hour notice for appointments as the home is occupied however we may be able to accommodate on short notice. The owners are Licensed Realtors. 2 Beds ⋅ 2 Baths ⋅ 788037 MLS There is Waterfront and then there is WATERFRONT. Welcome to 4018 PRINCESS LANE. End of the road privacy with over a half-acre lot with over 260' of Western wrap around never-ending beautiful sunsets and marine wildlife. Within 30' of the shorelines is everything from Dolphins, Manatees, Eagles, Ospreys and many other bird species. Being the end corner lot allows for one side of no adjoining neighbors. This beautiful but modest home sits in the middle of over half acre lot leaving a lot of space all around the property. The home sits on two lots and could eventually be divided if you choose. There is over 1,700 sq ft of waterfront views from every room. The home is a 2-bedroom 2 bath home with an additional home office with a waterfront view, too. This 10X10 room could be converted into a third bedroom if necessary. There is a beautiful Sunroom with new hurricane windows to sit and enjoy the bay. The improvements recently completed to the home are: New hurricane proof windows at a cost of $50,000.00, A 25-Kilowatt generator that will run the entire home for 2 to 3 weeks without power $12,000.00, An entire new rip rap wall seawall for additional storm protection $25,000.00, All new spray foamed insulation through entire home $7,500.00, An outdoor 30' x 40' partially covered entertainment concreted area with room to lounge and enjoy the outdoors and soaking up the sun. To include an outdoor kitchen and TV living room covered area- $20,000.00, the new dock was constructed in 2020, $15,000.00. The dock will handle up to a 25' to a 28'' boat easily in the summer. as the winter tides get shallow the depth drops. Dock could be extended if needed. There is DIRECT GULF ACCESS from the back yard. Privacy fence blocking the neighboring yard. The home is ready to move in! Waterproof laminate flooring throughout the entire home. Widened driveway allowing for 4 car parking in the driveway plus adjoining gravel drive for 2+ additional cars. New 10'x16' storage building and an additional drive all the way into the back yard with a private area down to the water which has full hookup for an RV for your guest's privacy when they come to stay longer than you really choose for them to. Short term rentals are available in this area which would make for a great rental investment property and still allow all the private use you would care to enjoy. The home could easily sleep 8 to 10 people. A small separate 12' x12' upper deck was built to enjoy the view over the small bayou area beside the home which has plenty of storage underneath for beach chairs, outdoor games, etc... Please pardon the YARD as we are currently working on beautifying it. Allow a 24-hour notice for appointments as the home is occupied however we may be able to accommodate on short notice. The owners are Licensed Realtors. 4018 W Princess Lane, Panama City
$249,500 Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers. 2 Beds ⋅ 1 Baths ⋅ 998340 MLS ⋅ 792 SqFt. Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers. 1729 Palmetto Ave, Panama City
$249,500 Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers. 2 Beds ⋅ 1 Baths ⋅ 786996 MLS Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers. 1729 Palmetto Avenue, Panama City