The Lakes Real Estate Search

The Lakes Properties under $200,000 for Sale

Our website features the best real estate search for under $200,000 properties available in The Lakes and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest The Lakes Properties under $200,000 for Sale

$147,000
1 Baths 795039 MLS
Discover one of the best beachside values in Panama City Beach--a rental-ready studio just steps from the sand. Located in Sand Castle Villas, this beautifully maintained and fully furnished studio condo is truly turnkey and ready to generate income from day one. With custom built-in loft beds, a luxury main sleeping area, and a smart, space-efficient layout, making it especially attractive for short-term rental demand. This condo is one of only two units in the entire complex featuring a rare U-shaped kitchen, offering extra cabinet and counter space--a standout feature for guests and owners alike. The kitchen is fully stocked and features all white appliances, while tile flooring throughout, serene coastal tones, and tasteful décor create a bright, inviting beach retreat. Enjoy less than a one-minute walk (approximately 150 steps) to the white sugar sands and emerald waters via Beach Access 13 and 14. The complex is well known for its strong short-term and long-term rental performance. Additional highlights include: Private fenced pool and outdoor shower, Private laundry room just outside the unit with washer, dryer, and extra storage, one assigned parking space plus overflow parking, and balcony space to relax and enjoy the coastal breeze. Peaceful, smaller complex with a personable, laid-back atmosphere, Close to restaurants, shopping, and a short drive to Pier Park. Whether you're looking for an affordable personal beach getaway, a high-performing investment, or both--this studio delivers exceptional value, charm, and income potential under $150K in today's market.

4114 Holiday Drive Unit 18, Panama City

Listing courtesy of Christies International Real Estate Emerald Coast.

$65,000
214671 MLS
Prime Location Near Dothan Discover this charming 2.54-acre property located just outside the city limits of Dothan, Alabama. Perfectly positioned in Houston County, it offers a peaceful country lifestyle while keeping you close to city conveniences. Located only 6 miles from Ross Clark Circle, you have quick access to local shops, dining, and entertainment. For those who love the coast, Panama City Beach is just 80 miles away, making weekend getaways a breeze. Ideal for Your Country Home This land presents a wonderful opportunity to build your dream home on a quiet country road. With 2.5 acres available, there's plenty of space to create a spacious homesite surrounded by nature. The property comes with power and Houston County water readily available at the road, simplifying the building process. A survey is already on file, giving you a clear understanding of the boundaries and layout as you plan your future residence. Excellent School District Families will appreciate that this property is zoned for Rehobeth Schools, one of the respected school districts in the area. This makes it an ideal spot for those seeking a rural lifestyle without sacrificing quality education for their children. Additionally, the location is just 8 miles from Southeast Health, offering convenient access to medical services and peace of mind for your family's well-being. *Displayed address is not confirmed.

2315 Middleton Rd, Dothan

Listing courtesy of United Country Fulford Realty Dothan.

$47,500
794897 MLS
LAKESIDE LIVING WITHOUT THE LAKESIDE PRICE TAG, 1.48 ACRES ON N SILVER LAKE RD. Build your dream home, barndominium, or mobile retreat on this prime 1.48-acre parcel directly across from peaceful Silver Lake! Offering an affordable path to lake-area living, this high-and-dry parcel (Flood Zone X) features water views right from portions of the lot and shared community lake access for all your paddling and fishing adventures. 1.48 Flat Acres: Approximately 1 full acre is already cleared and ready for your foundation, saving you substantial site-prep costs while retaining select mature trees for shade and privacy. Highly forgiving residential zoning permits custom homes, barndominiums, mobile homes, and more. Perfect for a full-time residence or a weekend getaway! Situated just across the street from Silver Lake. Enjoy water-sports, paddle-boarding, kayaking, and canoeing--on this serene, electric motor-only lake, rated the second cleanest body of water in Florida with a visibility of 23 feet! Power is available right at the road, and high-speed fiber internet is available in the area. (Will require well and septic). Accessible via a well-maintained dirt road. Located just ~25 minutes from historic downtown Marianna and Florida Caverns State Park, ~20 minutes to I-10, and an easy ~45-minute drive straight down to Panama City. Whether you're looking for an affordable site to place a mobile home, build a custom barndominium, or develop a weekend getaway near the water, this 1.48-acre lot offers unmatched value and freedom. Schedule your showing today!

N Silver Lake Lane, Marianna

Listing courtesy of Secure Real Estate.

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