Panama Real Estate

Panama Real Estate

Welcome to the vibrant subdivision of Panama, nestled in the heart of Tampa, Florida! This charming community is part of Hillsborough County and offers a unique blend of suburban tranquility and urban convenience. With its lush landscapes and friendly atmosphere, Panama is an ideal place for families, young professionals, and retirees alike.

One of the standout features of Panama is its strategic location. Residents enjoy easy access to major highways, making commuting a breeze. Whether you’re heading to downtown Tampa for work or exploring the beautiful Gulf Coast beaches, everything is just a short drive away. The area is also well-served by public transportation, ensuring that you can navigate the city with ease.

Panama boasts an array of amenities, including parks, shopping centers, and dining options to satisfy every palate. Families will appreciate the highly-rated schools in the vicinity, providing a solid foundation for children’s education. For those who love the outdoors, the nearby parks offer recreational opportunities with walking trails, playgrounds, and picnic areas where you can soak up the Florida sunshine.

Community events and local gatherings foster a strong sense of belonging among residents, making it easy to forge lasting friendships. With a diverse range of homes available, from cozy single-family houses to modern townhomes, there’s something for everyone in Panama.

Experience the charm and convenience of Panama, where a vibrant community spirit meets the best of Tampa living. Your dream home awaits in this delightful subdivision!

Newest Listings in Panama

1411 E 24th Avenue, Tampa
$399,000
3 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
1401 E 24th Avenue, Tampa
$184,900
2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Investors ! This is a Great opportunity. A duplex , corner lot in a desirable location. Lots of opportunity and options here.

1401 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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