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Browse All Panama City Beach FL Between $4 Million - $5 Million Properties for Sale

$4,500,000
6 Beds 7 Baths 794359 MLS
Gulf front, fully furnished, and already generating income. 16525 Front Beach Road is a turnkey beachfront rental with bookings on the calendar, 50 feet of private Gulf frontage, a heated pool, and its own beach walkover over the dune. A preliminary cost segregation estimate has been prepared and is available on request for buyers looking to place the asset in service before year end. Wake up to uninterrupted Gulf of Mexico views, step onto your private balcony, and hear nothing but waves. Whether you're seeking a high-performing vacation rental on the Emerald Coast or a legacy Gulf front family retreat, this property delivers on every level. Maintained in like-new condition and sold furnished and rental ready, this is a true turnkey rental property with bookings already on the calendar, so a new owner can start collecting revenue immediately rather than building a booking history from scratch. With strong rental projections and capacity for large groups, it presents a compelling opportunity for investors seeking a premier beachfront vacation rental on the Emerald Coast. Buyers should consult their own CPA or tax advisor to determine eligibility for any tax treatment. Built on concrete pilings for lasting structural integrity in the coastal environment, the home is designed to perform for decades to come. Designed to maximize Gulf views, the home features three expansive balconies connected by a spiral staircase, creating multiple outdoor living spaces with panoramic water views. Two Gulf-facing bedrooms open directly to their own balconies, letting guests wake up to the sound of waves and unobstructed views of the Gulf of Mexico. The second floor serves as the main living level, where an open-concept kitchen, dining, and living area flows seamlessly to a large balcony overlooking the beach. The kitchen is built for entertaining, featuring quartz countertops, custom cabinetry, a tile backsplash, a large island with seating for six, gas range, built-in ice maker, and double sinks. The first floor is designed for gathering and recreation, with a bunk room and recreation room that opens directly to the heated pool area. A built-in bar with ice maker and beverage refrigerator creates the perfect setup for poolside entertaining after a day on the beach. The primary suite offers Gulf views, a balcony, walk-in closet, double vanity, garden tub, and separate shower. Throughout the home you'll find shiplap accent walls, ensuite bathrooms in every bedroom, generous owner storage closets on each floor, and integrated WiFi extenders with indoor and outdoor speakers. Outside, a beach walkover, outdoor shower, Polywood outdoor furniture, and abundant parking round out a package that is rarely found in Gulf front homes. Positioned on a quiet stretch of beach with no nearby public walkovers, the shoreline here stays uncrowded, giving guests the feel of a private beach just steps from the door, while still being just minutes from Pier Park's restaurants, shopping, and entertainment. 16525 Front Beach Road is a rare Gulf front home where luxury amenities, an unbeatable location, and exceptional vacation rental income potential come together in one standout beachfront property.

16525 Front Beach Road, Panama City Beach

$4,500,000
7 Beds 8 Baths 792141 MLS
Experience luxury coastal living at its finest in this exceptional 7-bedroom beach-view residence located in the private Bid-A-Wee Beach community. Perfectly positioned directly across from the Gulf with unobstructed views of the emerald waters and sugar-white sand, this stunning 4,455-square-foot home comfortably sleeps up to 24 guests, making it an incredible opportunity for a luxury second home or income-producing vacation rental. Offered fully furnished and rental ready, this home is thoughtfully designed for both comfort and functionality. It features multiple King suites, spacious bunk rooms, and beautifully appointed living and entertaining areas. An elevator provides convenient access to all three levels, while expansive balconies capture breathtaking, unobstructed Gulf views that create the perfect backdrop for morning coffee or evening sunsets. Outdoor amenities include a private heated pool, hot tub, outdoor shower, and exclusive coded beach access just steps away, allowing you to enjoy all the benefits of beachfront living without being directly on the Gulf. Inside, you'll find Smart TVs throughout, three sets of washers and dryers, a full-size ice machine, an additional refrigerator, and thoughtful features that make hosting large groups effortless. Located in the highly desirable Bid-A-Wee Beach community, owners and guests enjoy a peaceful stretch of Panama City Beach while remaining just minutes from Pier Park, premier dining, shopping, entertainment, and St. Andrews State Park. Whether you're looking for a private coastal retreat, a luxury family getaway, or the beach investment opportunity you've been waiting for, this extraordinary property offers an unmatched combination of location, luxury, and exceptional income-producing potential.

14300 Front Beach Road, Panama City Beach

$4,195,000
7 Beds 9 Baths 790292 MLS
Experience elevated coastal living in this newly completed luxury retreat on the exclusive West End of Panama City Beach. Inspired by the timeless elegance of 30A design, this stunning 7-bedroom residence features 7 full bathrooms, 2 half baths, and a private elevator, comfortably accommodating up to 18 guests. Designed with both luxury and functionality in mind, this fully furnished, turnkey property is ideal as a primary residence, second home, or high-performing vacation rental investment. Just steps from dedicated private community beach access, guests can enjoy effortless access to the sugar-white sands and emerald waters of the Gulf. The home's resort-style outdoor living space is truly exceptional, showcasing an oversized pool, expansive sun deck, and a fully equipped outdoor kitchen built for entertaining on a grand scale. The outdoor bar area includes a built-in grill, refrigerator, ice maker, premium sound system, and generous gathering space perfect for family reunions, weddings, and corporate retreats. Inside, the thoughtfully designed floor plan offers spacious accommodations across three levels. The first floor features three custom bunk rooms and a large recreation room ideal for entertaining guests. The second floor serves as the heart of the home with an expansive open-concept great room, designer kitchen, and two additional guest bedrooms. The third floor hosts two luxurious primary suites, including one with beautiful Gulf views and another overlooking the private outdoor oasis.

19706 Front Beach Road, Panama City Beach

$4,400,000
789768 MLS
Exceptional commercial development site located on highly traveled Panama City Beach Parkway in the center of the fastest-growing corridors in Panama City Beach. This high-visibility parcel is zoned GC-3 General Commercial within unincorporated Bay County. The property includes approximately 345 feet of frontage on Panama City Beach Parkway with 700 feet of depth. The annual average daily traffic count is estimated at an impressive 44,500 vehicles. The property provides outstanding flexibility for retail, mixed-use, hospitality/hotel, multi-family, medical, automotive, restaurant, self-storage, office, or large-scale commercial development opportunities. Strategically positioned near the rapidly expanding Publix Sports Park corridor on Chip Seal Parkway, the property benefits from substantial ongoing residential, recreational, and infrastructure growth throughout the surrounding area. The sports complex features championship-caliber soccer and multi-purpose athletic fields that attract year-round regional and national tournaments, generating significant visitor traffic and economic impact for the area. The site is also located near the new A. Gary Walsingham Academy Elementary School and continuing residential expansion surrounding the Breakfast Point and Chip Seal Parkway developments, creating strong long-term demand drivers for commercial services, retail, restaurants, medical users, and neighborhood-oriented businesses. Additional area growth is being fueled by ongoing roadway and infrastructure improvements, including the expansion and connectivity plans surrounding Philip Griffitts Parkway and Chip Seal Parkway, designed to improve traffic flow and accessibility throughout Panama City Beach. The property also includes a large building with 9,180 square feet of space. The building includes approximately 5,000 square feet of warehouse, four--12' x 14' roll up doors, 14' clear ceiling height, and 4,000 square feet of office-showroom. The property is currently leased by HERC Rental with the lease expiring on May 31, 2027. Property Highlights • Approximately 345' of Panama City Beach Parkway frontage • Excellent visibility and accessibility • AADT 44,500 • Minutes from beaches, schools, sports facilities, and major residential growth • Located within a rapidly expanding commercial corridor • Ideal for hospitality, mixed-use, medical, automotive sales, or investment development With continued explosive growth throughout the east end of Panama City Beach and limited remaining commercial frontage opportunities along this corridor, this property represents a premier long-term investment and development opportunity.

8308 Panama City Beach Parkway, Panama City Beach

$4,750,000
6 Beds 8 Baths 784346 MLS
Situated on one of the largest homesites in the gated community of Carillon Beach, this exceptional pre-construction luxury custom home offers views of the Gulf and stunning views of Lake Powell, one of the world's rare and protected Coastal Dune Lakes. Designed by renowned architect J. Michael Hunnicutt and to be built by Grand Bay Construction, a respected builder known for quality craftsmanship, attention to detail, and experience in luxury coastal construction, the residence reflects timeless coastal architecture and elevated design throughout. The home features 4,151 square feet of heated and cooled living space and is thoughtfully designed with six ensuite bedrooms, including two primary suites, along with seven full bathrooms, one of which is located in the carriage house, and a half bath serving as the pool bath, in addition to an exterior shower, providing generous accommodations for family and guests. Interior living spaces are both spacious and versatile, featuring a well-appointed living room with lake views and a separate den or game room ideal for entertaining or relaxation. The kitchen serves as the heart of the home and is designed with a large island with seating, Wolf appliances, a 48 inch subzero refrigerator and high-end finishes with thoughtful details that balance functionality with refined coastal style. The residence includes an elevator shaft, a heated salt water swimming pool with an integrated jacuzzi, and a garage with dedicated spaces for a car and a golf cart, along with ample additional on-site parking for up to six vehicles, making it ideal for both everyday living and hosting guests. Two covered porches and seamless indoor-outdoor living spaces are anchored by a ventless fireplace in the living room and an outdoor fireplace overlooking the pool, creating inviting gathering areas designed for year-round enjoyment. Located within a 24-hour private, gated community, Carillon Beach is celebrated for its pristine sugar-white sand beaches, charming town center, boutique shopping and dining, and an exceptional array of amenities. Residents enjoy multiple beach access points, several community pools including a gulf-front pool, tennis, pickleball, and basketball courts, and a golf-cart-friendly lifestyle enhanced by planned social events and activities hosted by the HOA, creating a vibrant yet relaxed coastal community. This property offers exceptional versatility as a primary residence, second home, or high-performing short-term rental with strong income potential. This property is pre-construction. All renderings, plans, and images are conceptual, not exact, and subject to change. Finishes, dimensions, features, and specifications may vary, and the final product may differ from the renderings, plans, or models shown.

157 Parkshore Drive, Panama City Beach

$4,900,000
783903 MLS
PRIME FRONT BEACH ROAD COMMERCIAL REDEVELOPMENT OPPORTUNITY IN THE HEART OF PANAMA CITY BEACH. Located at 11832 Front Beach Road, this highly visible property offers approximately 158.5 feet of frontage along Front Beach Road and approximately 0.57 acres, positioned between two of Panama City Beach's major north-south corridors, Richard Jackson Boulevard and Alf Coleman Road. The property is currently improved with an approximately 10,416-square-foot commercial building, including approximately 9,600 square feet of HVAC space. Portions of the building are currently occupied and generating activity, including an operating golf cart and Slingshot rental business and an additional tenant. Other portions of the building are presently unused due to roof damage. The property is currently identified as CH - Commercial High Intensity, providing an opportunity for an investor, owner-user, or developer to evaluate a variety of potential commercial and redevelopment uses, subject to verification and approval by the appropriate governmental authorities. With its substantial Front Beach Road frontage, high-visibility location and proximity to established commercial businesses, resorts, restaurants, entertainment venues and beach access, this site may be particularly attractive for future redevelopment. Potential concepts could include a larger commercial project, mixed-use development, hospitality or condominium-related development with ground-floor retail, subject to zoning, density, height, parking, access, storm water and other applicable development requirements and governmental approvals. The property also benefits from its location directly across Front Beach Road from currently undeveloped property, creating additional visibility from the roadway. Front Beach Road improvements and future right-of-way considerations should be independently verified. The Seller is currently working to obtain additional information regarding the anticipated Front Beach Road widening and its potential impact on the property. The offering includes real estate, lease interests, inventory and FF&E, as applicable to the transaction and subject to clarification by Seller. This is an opportunity to acquire a substantial commercial site along one of Panama City Beach's primary tourism and commercial corridors, with the ability to benefit from the property's current use while evaluating its longer-term redevelopment potential. Property is occupied. Please do not disturb tenants or operating businesses. Showings are by appointment only.

11832 Front Beach Road, Panama City Beach

$4,100,000
5 Beds 6 Baths 768829 MLS
New decor updates and furniture, This Exceptional New Construction Luxury Home is one of a kind and must be the first on your list with 6969 total sq. ft. and 4058 of conditioned air, 2 car garage, 8 exterior decks, 5 Bedrooms, 5 full baths and 2 1/2 baths, 4 wet bars with a PRIVATE POOL and SPA. The house features a Rec Room and 1 bedroom on the first floor with entry to the pool and two different decks, Kitchen/Dining on the second level with an open living area & 2 more bedrooms with baths and as well entry to two different decks. The third floor has a large bunk room and bath on the front along with a master suite that has endless views of the Gulf along with a private balcony overlooking the pool with fantastic views of the gulf, a bunk room with another deck with Gulf views and a spiral staircase that takes you to the 4th floor open deck and wet bar area along with a 1/2 bath and endless Gulf views both East and West. Designed with plenty of Room to sleep up to 20 and as well plenty of Decks for Entertaining space with fantastic Private Sunsets views All this and its featured on a corner oversize lot, plenty of parking space in driveway, garage and roadside and just right off the gulf with easy access to the gulf just a few footsteps away on Private Carillon Beach, a quiet and serene gated community with approximately 3900 linear feet of sugar white sand and emerald waters. Amenities include three community pools (one beach front) tennis courts, basketball court and children's playground area, eateries and shops. You are a 5-minute bike ride from upscale shopping and restaurants in Rosemary Beach and 30 Avenue. Call today for your preview of this amazing home! Home sold fully furnished.

515 Beachside, Panama City Beach

$4,950,000
778078 MLS
' Owner financing available' Rare opportunity to acquire a premier commercial/industrial property in Beach Commerce Park on the West End of Panama City Beach. Situated on 3.9± acres, this property offers a powerful combination of office, warehouse, and outdoor storage space in one of the area's only planned industrial parks. The improvements include 6,820 sq. ft. of professional office space and a 24,400 sq. ft. warehouse, providing ample room for administration, storage, distribution, or manufacturing operations. In addition, the site features an approximate 1.9-acre lay-down yard ideal for equipment staging, materials, or outdoor operations. Designed with functionality in mind, the property has ample parking and direct access for 18-wheelers and heavy equipment, making logistics and transportation seamless. Beach Commerce Park is a fully serviced development with public underground utilities, recorded covenants, and design standards that ensure a consistent, high-quality setting for businesses. Located just off Panama City Beach Parkway (U.S. Hwy 98), approximately one mile west of Highway 79, the site provides excellent connectivity east and west along the Parkway, as well as quick access north to Interstate 10 and Northwest Florida Beaches International Airport. With Panama City Beach's West End continuing to grow, this property stands out as a one-of-a-kind industrial opportunity. Its scale, versatility, and prime location make it ideally suited for a large construction company, distribution hub, or any enterprise needing significant office, warehouse, and yard space in one of the region's most strategic corridors.

17687 Ashley Drive, Panama City Beach

$4,100,000
7 Beds 9 Baths 774047 MLS
NO HOA Fees!! Looking for an Airbnb powerhouse, you've found it. With an experienced Airbnb host and aggressive pricing strategy, this fully furnished 7-bedroom, 8.5-bath Gulf-front beach house is built to support a high-capacity rental operation. Built in 2025, the property features a heated private pool, parking for up to 9 vehicles, no HOA restrictions, and direct beachfront access. The seller is also building a new construction home next door, creating a unique opportunity for buyers interested in expanding their Gulf-front investment footprint. The approximately 30 x 30 main living area is designed for large groups, with Gulf views from nearly every angle. The chef's kitchen centers around a 10 x 5 island with granite slabs imported from Brazil, dual refrigerators, wraparound seating, and a 75-inch wall-mounted TV. The home also includes 12 smart TVs, a 412-game arcade console, and a third-floor entertainment lounge with room for movies, games, a pool table, or air hockey. The primary suite features 16-foot ceilings, chapel windows overlooking the Gulf, and a private lounge with a coffee and wine bar. More than $150,000 in designer furnishings, accessories, and custom window treatments contribute to the home's turnkey appeal and reduce the need for immediate setup. Hurricane-impact windows, a 10-foot sliding glass door, triple-pane Therma-Tru doors, and a commercial-grade fire suppression system with 24-hour monitoring add notable durability and safety features. Outside, an approximately 30 x 25 beachfront deck overlooks a heated 12 x 23 Gulf-front pool with an 8 x 6 sun shelf and two heaters. A powder-coated aluminum safety fence helps secure the pool area while preserving Gulf views, and reinforced balcony railings provide an additional safety feature. The lot extends to the wet sand, providing direct beachfront access and space for beach gear and jet skis. The home was built on 12 x 12 concrete pilings driven 20 feet deep rather than traditional wood pilings. The exterior also features Hardie Board siding secured with stainless screws and a rust-resistant aluminum roof. Located minutes from Pier Park, Tootsies, Top Golf, and Dolly Parton's Pirates Voyage. Buyer to verify all dimensions.

8711 Surf Drive, Panama City Beach

$4,100,000
5 Beds 6 Baths 768829 MLS
New decor updates and furniture, This Exceptional New Construction Luxury Home is one of a kind and must be the first on your list with 6969 total sq. ft. and 4058 of conditioned air, 2 car garage, 8 exterior decks, 5 Bedrooms, 5 full baths and 2 1/2 baths, 4 wet bars with a PRIVATE POOL and SPA. The house features a Rec Room and 1 bedroom on the first floor with entry to the pool and two different decks, Kitchen/Dining on the second level with an open living area & 2 more bedrooms with baths and as well entry to two different decks. The third floor has a large bunk room and bath on the front along with a master suite that has endless views of the Gulf along with a private balcony overlooking the pool with fantastic views of the gulf, a bunk room with another deck with Gulf views and a spiral staircase that takes you to the 4th floor open deck and wet bar area along with a 1/2 bath and endless Gulf views both East and West. Designed with plenty of Room to sleep up to 20 and as well plenty of Decks for Entertaining space with fantastic Private Sunsets views All this and its featured on a corner oversize lot, plenty of parking space in driveway, garage and roadside and just right off the gulf with easy access to the gulf just a few footsteps away on Private Carillon Beach, a quiet and serene gated community with approximately 3900 linear feet of sugar white sand and emerald waters. Amenities include three community pools (one beach front) tennis courts, basketball court and children's playground area, eateries and shops. You are a 5-minute bike ride from upscale shopping and restaurants in Rosemary Beach and 30 Avenue. Call today for your preview of this amazing home! Home sold fully​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ furnished.

515 Beachside, Panama City Beach

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