Panama Homes for Sale

Panama Homes for Sale

Welcome to Panama, a charming subdivision nestled in the vibrant city of Tampa, Florida, within the picturesque Hillsborough County. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

Panama is characterized by its lush green spaces, friendly neighborhoods, and a strong sense of community. Residents enjoy a variety of amenities, including nearby parks, recreational facilities, and local shops that add to the area's charm. The subdivision's strategic location provides easy access to major highways, ensuring you're just a short drive away from the bustling downtown Tampa, beautiful beaches, and world-class entertainment options.

The homes for sale in Panama reflect a diverse range of architectural styles, catering to various tastes and preferences. From cozy single-family homes to modern townhouses, there's something for everyone in this inviting community. Many properties feature spacious layouts, updated kitchens, and private backyards, perfect for family gatherings or quiet evenings under the stars.

As you explore the real estate options in Panama, you'll find that this subdivision not only offers a wonderful place to live but also an opportunity to invest in a growing area. With its friendly atmosphere, convenient location, and a strong sense of community, Panama is more than just a place to call home—it's a lifestyle waiting to be embraced. Discover your dream home in Panama today, and experience the warmth and charm of this lovely Tampa neighborhood!

Newest Panama Homes for Sale

$275,000
4 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
This spacious 4 bedroom, 2 bath home in historic V.M. Ybor district has 10 ft ceilings. Master bedroom has private bathroom and walk-in closet. The other three bedroom are spacious. Complete renovation was done in 2002. Kitchen has stainless steel appliances; home has central air conditioning and heating. You can move right in or update rooms to your liking. This home has a large front porch facing beautiful Cascaden Park. It also has a large back yard with a high yield Avocado tree and a lime tree! House needs some work especially the back yard. Price is very negotiable due to work needed. This is a great property for DIY'ers or Landlord. House passed 4-point inspection five years ago for insurance; New roof installed 4 years ago. Central Heat and Air Conditioning works great. Next door, a brand new home is being built. For Landlords, the Rent Zestimate is $3083 the last time I looked offering over a 9% cap rate with high appreciation potential. Close to Alma De Cuba club and La Secunda Bakery. Close to downtown.

1410 E 21st Avenue, Tampa
$204,900
2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Excellent investment opportunity! This well-located duplex sits on a spacious corner lot in a highly desirable area just minutes from downtown. Each unit offers strong potential, making it ideal for investors or owner-occupants looking to offset their mortgage with rental income. Prime location with excellent income potential.From

1401 E 24th Avenue, Tampa
$309,000
2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Located in the heart of Historic Ybor City, this charming bungalow offers exceptional flexibility for both owner-occupants and investors. Just minutes from downtown Tampa, major interstates, Hillsborough Community College, local parks, restaurants, and Ybor's vibrant entertainment district, the location places some of Tampa's best amenities right at your doorstep. The main residence feels larger than its footprint, featuring an efficient, open layout with luxury vinyl flooring throughout, two spacious bedrooms, and one-and-a-half baths. The primary suite includes a private half bath and custom closet, while the full bathroom is appointed with a contemporary double-sink vanity. The updated kitchen offers modern cabinetry, newer appliances, and ample storage, creating a functional space for everyday living. Fresh interior and exterior paint add to the home's clean, move-in-ready appeal. A detached accessory structure provides additional versatility with a private bedroom, full bath, kitchenette, and separate split-system air conditioning—ideal for guests, a home office, creative studio, or income-producing opportunity. This property presents an attractive opportunity for those seeking a turnkey investment, a primary residence, or both. Additional features include replacement windows (2017), air conditioning (2016), water heater (2018), and a durable metal roof, offering long-term peace of mind. With inviting curb appeal, a welcoming front porch, and a location that continues to see strong demand, this Ybor City property offers endless potential in one of Tampa's most historic and dynamic neighborhoods.

1406 E 23rd Avenue, Tampa
$215,000
2 Beds ⋅ 1 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Welcome to this charming bungalow-style corner home located in one of Tampa’s fastest-growing areas. This property features soaring ceilings, a spacious fenced backyard with extended parking, and a brand-new 2025 metal roof. Currently tenant-occupied with a Section 8 lease at $1,500/month through September 2026, offering immediate cash flow with flexibility for the new owner to renew, increase rents, or explore other opportunities including Airbnb. No HOA, no CDD, and no flood zone. Conveniently located 2 miles from Downtown Tampa, Ybor, Riverwalk, Armature Works, I-4, I-275, and the new Gasworx development. Whether you’re an investor or future homeowner, this is a prime opportunity that won’t last long! One or more photo(s) has been virtually staged.

1301 E 26th Avenue, Tampa
$220,000
3 Beds ⋅ 1 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Virtually Staged. Buyer financing fell through! Their loss is your gain! Welcome to this charming bungalow-style home featuring soaring ceilings, updated quartz countertops, tile flooring throughout, and a versatile bonus room. Major updates include a NEW 2026 ROOF and A/C only 5 years old. Enjoy a spacious fenced backyard with extended parking, no HOA, no CDD, and no flood zone. Conveniently located just minutes from Downtown Tampa, Ybor, Riverwalk, Armature Works, I-4, and I-275. Perfect for a first-time buyer, investor, or Airbnb opportunity. Currently occupied by a month-to-month tenant, giving the next owner flexibility to continue renting, renovate, Airbnb, or move in. This deal won’t last long, schedule your private showing today! One or more photo(s) has been virtually staged.

1303 E 26th Avenue, Tampa
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