Panama Homes for Sale

Panama Homes for Sale

Welcome to Panama, a vibrant subdivision nestled in the heart of Tampa, Florida, within the picturesque Hillsborough County. This charming community is an ideal blend of suburban tranquility and urban convenience, making it a highly sought-after destination for families, young professionals, and retirees alike.

Panama boasts an array of beautiful homes for sale, each offering unique architectural styles and modern amenities to suit diverse lifestyles. From cozy single-family residences to spacious townhomes, there’s a perfect fit for everyone. The homes are often surrounded by lush landscaping, creating serene outdoor spaces that invite relaxation and enjoyment. Many properties feature updated interiors, open floor plans, and inviting backyards, perfect for entertaining friends or enjoying quiet evenings under the stars.

Beyond the homes, Panama is conveniently located near an abundance of local attractions, including parks, shopping centers, and dining options. Residents can enjoy easy access to recreational activities, whether it’s a leisurely stroll in nearby parks or a day of shopping at local boutiques. The vibrant downtown Tampa area is just a short drive away, offering an exciting array of cultural events, entertainment venues, and waterfront attractions.

With a welcoming community spirit and a prime location, Panama is more than just a place to live; it’s a lifestyle choice. Explore the homes for sale in this delightful subdivision and discover the perfect setting for creating lasting memories in the sunny state of Florida. Your dream home awaits in Panama!

Newest Panama Homes for Sale

3108 N Avenida Republica De Cuba, Tampa
$300,000
2 Beds ⋅ 1 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
This beautifully updated home in the Ybor City area is move-in ready, featuring a renovated kitchen, updated bathroom, new flooring, windows, and roof. Situated on an oversized 88 x 105 corner lot (9,240 sq. ft.), there's plenty of outdoor space and possibilities. Conveniently located near Downtown Tampa, dining, shopping, and entertainment. This property qualifies for Republic Bank NHP Program (Primary Residence Only) 3% down payment, No Mortgage Insurance (No MI). Current interest rates: 7/6 ARM: 5.125%, 30-Year Fixed: 6.125%, Borrowers' annual income must not exceed $82,800. They may also qualify for a $6,000 grant toward closing costs.

3108 N Avenida Republica De Cuba, Tampa
1411 E 24th Avenue, Tampa
$399,000
4 Beds ⋅ 3 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Virtually Staged. TWO HOMES, ONE PROPERTY, ENDLESS POSSIBILITIES IN HISTORIC YBOR CITY! Whether you're looking for an income-producing investment, a primary residence with additional rental income, or a multigenerational living arrangement, this unique Tampa property offers flexibility, character, and an unbeatable location. Situated at 1411 E 24th Avenue, this property features an updated main residence and a detached accessory dwelling unit (ADU) with a proven rental history. The main home offers an inviting living space, an updated kitchen, stainless steel appliances, and modern finishes while maintaining its historic Tampa charm. The detached one-bedroom ADU provides a separate living space, ideal for generating rental income, accommodating extended family, or hosting guests. Outside, enjoy a fenced yard with mature mango trees, covered parking, and room to relax or entertain. Recent improvements include a newer roof on the main residence, updated insulation, fresh interior and exterior paint, and improvements throughout both structures. ANOTHER MAJOR BONUS: The property is located outside designated high-risk flood zones, and flood insurance is not typically required by lenders! Enjoy the added benefit of potentially lower ownership costs without a mandatory flood insurance premium. LOCATION, LOCATION, LOCATION! Just minutes from Ybor City's restaurants, breweries, entertainment, and historic 7th Avenue, this property is also conveniently located near Downtown Tampa, Channelside, Water Street, and major commuter routes. Even more exciting is its proximity to the transformative Gas Worx redevelopment, a major mixed-use project bringing new residential, retail, dining, and commercial spaces to the surrounding area. With an established rental history, two separate living spaces, and a location near some of Tampa's most significant redevelopment projects, this property presents an exciting opportunity for homeowners and investors alike. Live in one, rent the other, or explore the potential of both! Opportunities offering this kind of versatility in Tampa's urban core deserve a closer look. Schedule your private showing today!

1411 E 24th Avenue, Tampa
1406 E 23rd Avenue, Tampa
$279,000
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
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