Panama Real Estate

Panama Real Estate

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

Panama boasts a variety of well-designed homes that cater to diverse lifestyles, from cozy single-family residences to spacious townhouses. Each property is set against a backdrop of lush greenery and well-maintained landscapes, creating a serene environment that residents love to call home. The area is known for its friendly neighbors and strong community spirit, fostering a welcoming atmosphere for newcomers.

One of the standout features of Panama is its prime location. Residents enjoy easy access to major highways, allowing for quick commutes to downtown Tampa, where a bustling array of dining, shopping, and entertainment options await. For those seeking outdoor adventures, nearby parks and recreational areas provide ample opportunities for hiking, biking, and enjoying the beautiful Florida sunshine.

Families with children will appreciate the excellent school district serving Panama, with top-rated schools just a short drive away. Additionally, the community is close to various amenities, including grocery stores, medical facilities, and recreational centers, ensuring that all your daily needs are just around the corner.

Discover the charm of Panama, where a vibrant community and a convenient lifestyle come together to create an exceptional living experience in the heart of Tampa. Whether you’re looking for your first home or seeking a peaceful retreat, Panama is a wonderful place to start your next chapter.

Newest Listings in Panama

4 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code

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

2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code

Excellent investment opportunity! This well-located duplex sits on a spacious corner lot in a highly desirable area just minutes from downtown. Each unit offers strong potential, making it ideal for investors or owner-occupants looking to offset their mortgage with rental income. Prime location with excellent income potential.From

1401 E 24th Avenue, Tampa

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

2 Beds ⋅ 1 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code

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

3 Beds ⋅ 1 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code

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

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Sonja Costner, PA

Sonja has been a real estate practitioner since 2014. She specializes in residential sales in West and Central Florida. As a resident of Pasco County, she has deep knowledge of the communities in the Northern Tampa Bay area. Wesley Chapel is where she gave her children roots and helped them grow their wings. Sonja is active in civic engagement and very dedicated to her church family in Tampa. So, practicing real estate for her is not a job, but a fulfillment of a vision to build communities fit for generations. To ensure she is giving appropriate advice to clients as real estate markets shift, Sonja has earned several certifications and designations through the National Association of Realtors®. These designations have strengthened her skills and knowledge in pricing strategies, military relocation, seller and buyer representation, working with diverse populations, and other real estate specialties. She has a special affinity for working with first-time buyers and sellers disposing of properties in family trusts.

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