The Lakes Real Estate Search

The Lakes Properties under $200,000 for Sale

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Newest The Lakes Properties under $200,000 for Sale

$130,000
2 Beds 2 Baths 214189 MLS
Exceptional opportunity to own Unit #15 in a professionally maintained multifamily development located in Troy, Alabama. This well-designed 2-bedroom, 2-bathroom apartment offers approximately 1,052 square feet of single-story living space with a functional floor plan, quality finishes, and excellent long-term investment potential. This property is part of a larger offering consisting of 14 total income-producing units, providing investors with exceptional flexibility. Whether you're looking to purchase a single investment property, expand your rental portfolio with multiple units, complete a 1031 exchange, or acquire the entire portfolio, this offering can be tailored to meet your investment goals. Ideally located just minutes from Troy University, downtown Troy, shopping, dining, healthcare, and major employers, the property's location contributes to consistent rental demand and long-term investment stability in one of South Alabama's strongest rental markets. Investment Options Purchase Unit #15 individually. Units may also be purchased in packages of two or more. Investors have the opportunity to acquire up to all 14 available units. Package Pricing: Multiply the number of units by $130,000 per unit. Property Highlights 2 Bedrooms | 2 Bathrooms Approximately 1,052 square feet Desirable single-story floor plan Kitchen appliances included Strong income-producing potential Excellent opportunity for portfolio expansion or a 1031 exchange Convenient location in Troy, Alabama

108 Anderson Rd, Troy

Listing courtesy of Roberts & Faulk Properties.

$150,000
214181 MLS
Rare opportunity to own 20.29+/- acres inside the Marianna city limits with approximately 170 feet of frontage on U.S. Highway 90 plus additional frontage on Hillcrest Dr. and paved Old Cottondale Rd. The front 3-4+/- acres are zoned Commercial, while the balance is zoned Residential, offering outstanding potential for commercial, residential, mixed-use, subdivision, or certain multifamily development (buyer to verify). The property is heavily wooded with natural timber, mostly level to gently rolling terrain, and provides an excellent blank canvas for your vision. City water, city sewer, and power are available nearby, enhancing development potential. Per available FEMA and wetlands maps, the property is not located within a designated flood zone and no mapped wetlands are shown, though two natural low areas are present. Wildlife includes whitetail deer, wild turkey, and small game. Conveniently located near downtown Marianna, Chipola College, Florida Caverns State Park, shopping, restaurants, medical facilities, and Interstate 10. An outstanding investment, development, or homesite opportunity with highway visibility, multiple access points, and exceptional future potential. Enjoy quick access to Dothan, AL, Tallahassee, and Panama City while enjoying the flexibility, convenience, visibility, and long-term upside this unique property offers. Don't miss this exceptional opportunity! Schedule your showing today and explore the possibilities this versatile tract has to offer.

000 Hillcrest Dr, Marianna

Listing courtesy of Jerrod A Trainer & Associates, LLC.

$97,900
793650 MLS
NATURE MEETS COAST!! Coastal living begins here on Cape San Blas! Discover the perfect place to build your dream beach retreat on this beautiful, heavily wooded corner lot nestled in the desirable Surfside Estates community. Elevated for added appeal, this exceptional homesite offers partial views of St. Joseph Bay, convenient beach access, & the rare opportunity to enjoy the best of both the Gulf of Mexico & St. Joseph Bay from one incredible location. Towering native oaks & lush coastal vegetation create a private, peaceful setting filled with the timeless charm of Old Florida, while available utilities make it easy to begin planning your custom coastal escape. Whether you're searching for a full-time residence, vacation getaway, or investment opportunity, this property checks all the boxes. A well-maintained public boardwalk provides easy pedestrian access to the sugar-white beaches where you can spend your days swimming, shelling, fishing, paddleboarding, or simply relaxing to the sound of the surf. Even better, the dog-friendly beach allows your four-legged family members to enjoy the coastal lifestyle right alongside you. Just a short walk away, the crystal-clear waters of St. Joseph Bay offer endless opportunities for kayaking, paddleboarding, world-class fishing, scalloping, & breathtaking sunrise views. Approximately two-thirds of a mile from the property, Salinas Park features outstanding amenities including newly constructed pickleball courts, an observation pier extending into the bay, scenic bayfront walking trails, Gulf-front beach access, picnic areas, & open green spaces perfect for enjoying the area's natural beauty. Across the street, a paved biking & running path winds the length of Cape San Blas, making morning jogs, leisurely bike rides, & evening strolls part of your everyday routine. Renowned for its uncrowded beaches, exceptional fishing, boating, abundant wildlife, & unforgettable sunsets, Cape San Blas offers the relaxed coastal lifestyle you've been dreaming of. Enjoy the peace & privacy of this quiet beachside community while being just a short drive from historic downtown Port St. Joe, where you'll find waterfront dining, boutique shopping, local marinas, live entertainment, festivals, parks, & everything that makes this charming coastal town so special. Opportunities to own an elevated, wooded corner lot with partial bay views, easy beach access, & outstanding recreational amenities at such an attractive price are becoming increasingly rare. Build the coastal home you've always imagined & start making memories that will last a lifetime along Florida's beautiful Forgotten Coast. Call for your private tour & LIVE THE BEACH LIFE!

111 Pluto Way, Port St Joe

Listing courtesy of Beach Properties Real Estate.

$199,900
3 Beds 3 Baths 214163 MLS
Welcome to 124 Red Deer Trace Unit 6 at our Buckhead community featuring two-story Townhomes in Dothan, Alabama. These townhomes offer 3-bedrooms, 2.5-bathrooms, and 1-car garage with over 1,400 square feet of living space. When you enter the home, you'll be greeted by an open-concept first floor with a great room, dining area, and kitchen. The kitchen features quartz countertops, stainless steel appliances and a spacious walk-in pantry which are sure to make meal prep easy. The island is the perfect spot for your guests to sit and visit. Walking through the home, you can enter the 1-car garage near the kitchen. The first floor also features a powder room and outdoor patio looking out to your backyard. As we head up to the second floor, we are greeted to your right with the primary bedroom that features a bathroom as well as two additional bedrooms, a full bathroom, and a laundry area. In every bedroom you'll have carpeted floors and a closet. Whether these rooms become bedrooms, office spaces, or other bonus rooms, there is sure to be comfort. All of Buckhead Townhomes includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Pictures may be of a similar home and not necessarily of the subject property and are representational only. Call or text us to learn more about our builder incentives with preferred lender!

124 Red Deer Trce, Dothan

Listing courtesy of DHI Realty.

$199,900
3 Beds 3 Baths 214160 MLS
Welcome to 163 Red Deer Trace Unit 5 at our Buckhead community featuring two-story Townhomes in Dothan, Alabama. These townhomes offer 3-bedrooms, 2.5-bathrooms, and 1-car garage with over 1,400 square feet of living space. When you enter the home, you'll be greeted by an open-concept first floor with a great room, dining area, and kitchen. The kitchen features quartz countertops, stainless steel appliances and a spacious walk-in pantry which are sure to make meal prep easy. The island is the perfect spot for your guests to sit and visit. Walking through the home, you can enter the 1-car garage near the kitchen. The first floor also features a powder room and outdoor patio looking out to your backyard. As we head up to the second floor, we are greeted to your right with the primary bedroom that features a bathroom as well as two additional bedrooms, a full bathroom, and a laundry area. In every bedroom you'll have carpeted floors and a closet. Whether these rooms become bedrooms, office spaces, or other bonus rooms, there is sure to be comfort. All of Buckhead Townhomes includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Pictures may be of a similar home and not necessarily of the subject property and are representational only. Call or text us to learn more about our builder incentives with preferred lender!

163 Red Deer Trce, Dothan

Listing courtesy of DHI Realty.

$199,900
3 Beds 3 Baths 214158 MLS
Welcome to 163 Red Deer Trace Unit 4 at our Buckhead community featuring two-story Townhomes in Dothan, Alabama. These townhomes offer 3-bedrooms, 2.5-bathrooms, and 1-car garage with over 1,400 square feet of living space. When you enter the home, you'll be greeted by an open-concept first floor with a great room, dining area, and kitchen. The kitchen features quartz countertops, stainless steel appliances and a spacious walk-in pantry which are sure to make meal prep easy. The island is the perfect spot for your guests to sit and visit. Walking through the home, you can enter the 1-car garage near the kitchen. The first floor also features a powder room and outdoor patio looking out to your backyard. As we head up to the second floor, we are greeted to your right with the primary bedroom that features a bathroom as well as two additional bedrooms, a full bathroom, and a laundry area. In every bedroom you'll have carpeted floors and a closet. Whether these rooms become bedrooms, office spaces, or other bonus rooms, there is sure to be comfort. All of Buckhead Townhomes includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Pictures may be of a similar home and not necessarily of the subject property and are representational only. Call or text us to learn more about our builder incentives with preferred lender!

163 Red Deer Trce, Dothan

Listing courtesy of DHI Realty.

$199,900
3 Beds 3 Baths 214156 MLS
Welcome to 163 Red Deer Trace Unit 3 at our Buckhead community featuring two-story Townhomes in Dothan, Alabama. These townhomes offer 3-bedrooms, 2.5-bathrooms, and 1-car garage with over 1,400 square feet of living space. When you enter the home, you'll be greeted by an open-concept first floor with a great room, dining area, and kitchen. The kitchen features quartz countertops, stainless steel appliances and a spacious walk-in pantry which are sure to make meal prep easy. The island is the perfect spot for your guests to sit and visit. Walking through the home, you can enter the 1-car garage near the kitchen. The first floor also features a powder room and outdoor patio looking out to your backyard. As we head up to the second floor, we are greeted to your right with the primary bedroom that features a bathroom as well as two additional bedrooms, a full bathroom, and a laundry area. In every bedroom you'll have carpeted floors and a closet. Whether these rooms become bedrooms, office spaces, or other bonus rooms, there is sure to be comfort. All of Buckhead Townhomes includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Pictures may be of a similar home and not necessarily of the subject property and are representational only. Call or text us to learn more about our builder incentives with preferred lender!

163 Red Deer Trce, Dothan

Listing courtesy of DHI Realty.

$175,000
1 Baths 793528 MLS
Looking for a condo in Panama City Beach that actually makes sense? Updated, ground-floor studio, strong cash flow, and just steps from the sand. This beautifully updated, fully furnished studio checks all the boxes. Search on YouTube ''For Sale Ground Floor Studio in Gulf Highlands Beach Resort'' for video tour. Located in a gated resort-style community, you'll enjoy parking right next to the unit, a short 6-minute walk to the beach, and strong short-term rental potential with a projected GRI of $27,000-$30,000. Inside, you'll find quality upgrades throughout, including solid wood cabinets, new countertops, a tiled walk-in shower, LVP flooring, stainless steel appliances, accent shiplap, new furniture, accessories, and more. Plus, this condo is located right next to one of the community pools and tennis courts, putting convenience at your doorstep. The major expenses have already been taken care of with a 2018 roof, hurricane-rated windows and doors, 2021 HVAC, and 2023 water heater, giving you peace of mind for years to come. The unit is truly turnkey with the possibility of future bookings transferring, making it ready to enjoy or start generating income right away. The COA is below average for Panama City Beach while offering exceptional value. It includes building insurance, water and sewer, exterior maintenance and painting, lawn care, trash, pest control, termite bond, gated security, and access to incredible resort-style amenities, including 11 pools (5 heated), a private Gulf-front pool and restaurant, tennis and pickleball courts, mini golf, shuffleboard, fitness center, playground, and beautifully maintained grounds. Whether you're looking for an affordable beach getaway or one of the best ROI opportunities in Panama City Beach, this one is definitely worth a look. Schedule your showing today!

134 Damon Circle Unit B, Panama City Beach

Listing courtesy of Dalton Wade Inc.

$85,000
793503 MLS
Welcome home to 14 Water's Edge in Port Saint Joe/Cape San Blas, Gulf County, FL. Truly Florida's best kept secret you have been waiting for!! Looking to get away from the crowds, high rises, and over development of most FL coasts? Looking for a little slower pace? Hoping to have the beach to all to yourself? THIS IS YOUR CHANCE! Just 45 mins southeast of Panama City. Whether you are looking to build a forever home, retirement home, 2nd home, vacation home, investment home? BUILD YOUR DREAM on this .23 acre homesite w/ DEEDED BEACH ACCESS. Public water/community septic/electric available at road . This small, quiet and private community offers lush vegetation, mature trees & privacy, conservation land surrounding! Community HOA include swimming pool and tennis court. Short walk/drive to your private beach access. Bring your four-legged family members to the pet friendly beach year-round! 4x4 vehicle permits available for beach driving in allocated area! Public driving access point half a block from Water's Edge. Community covenants/restrictions available upon request. Area attractions: Take in all that this area has to offer from swimming, snorkeling, fishing and kayaking to horse back riding and walking trails. Enjoy unique access to both Ocean or Bay water access. Launch your boat minutes away at Indian Pass Campground. Taste the oysters at the famous Indian Pass Raw Bar. Pick up a pickleball match at Salinas Park. Short ride to Apalachicola and St. George Island! Visit the clear waters and white beaches of T.H. Stone Memorial St. Joseph Peninsula State Park on Cape San Blas. Downtown Port Saint Joe offers shopping, restaurants, outdoor markets, festivals, the Cape San Blas lighthouse, and the Point South Marina. You will fall in love with this part of FL! DISCLOSURE: Seller/Owner is a licensed Realtor in Northern Kentucky

14 Waters Edge Drive, Port St Joe

Listing courtesy of Lowest Fee Realty LLC.

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