Panama Homes with X Flood Zone

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

Panama boasts a variety of homes designed to cater to diverse lifestyles and preferences. Whether you’re searching for a cozy single-family residence or a spacious modern abode, you’ll find something that suits your needs. The homes in this subdivision are not only aesthetically appealing but also built with comfort and functionality in mind.

One of the essential aspects to consider when exploring Panama is its designation within the X Flood Zone. This classification means that homes in this area are typically at a lower risk of flooding, providing peace of mind for homeowners and potential buyers. Living in an X Flood Zone allows residents to enjoy the beauty of Florida's landscapes without the added worry of flood insurance, making it a financially sound choice for many.

In addition to its favorable flood zone status, Panama is conveniently located near excellent schools, parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. With its friendly community atmosphere and easy access to Tampa's vibrant culture, Panama is not just a place to live; it’s a place to thrive. Come explore the possibilities that await you in this charming Tampa subdivision!

Newest Panama Homes with X Flood Zone

$300,000

4 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code ⋅ O6425846 MLS ⋅ Active Status

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 $3183 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

$309,000

2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code ⋅ TB8518643 MLS ⋅ Active Status

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 ⋅ TB8514668 MLS ⋅ Active Status

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 ⋅ TB8514658 MLS ⋅ Active Status

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

Start Your Search

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,