Quick Panama City Beach FL MLS Search

Browse All Panama City Beach FL Multi-Family Properties for Sale

$899,000
6 Beds 4 Baths 794706 MLS
Two residences, one property, and an incredible opportunity just steps from the Gulf in sought-after Bid-A-Wee!Located within a section of the neighborhood where SHORT-TERM RENTALS ARE PERMITTED, 13801 Bay Avenue offers a rare combination of flexibility, beach access, and investment potential in the heart of Panama City Beach. Situated on a single parcel are two separate 3-bedroom, 2-bath residences totaling approximately 2,300 square feet of living space. Both offer their own living areas, kitchens, laundry, private entrances, fenced outdoor spaces, and garage access, creating countless possibilities for how the property can be enjoyed. The main home has received updates throughout and includes a sunroom/breezeway leading to the garage and backyard, while the second residence offers an open layout and covered front porch. With six bedrooms and four bathrooms between the two, the setup works beautifully for extended family, guests, a primary residence with additional income potential, or a vacation rental investment. Generous parking also provides room for additional vehicles or a boat. And then there's the location! Bid-A-Wee is known for its gated, deeded beach access, offering a more private way to enjoy Panama City Beach's sugar-white sand and emerald Gulf waters. The beach is just a short walk or quick golf-cart ride away, while Pier Park, shopping, restaurants, entertainment, nightlife, and everyday conveniences are all just minutes from home. Properties offering this combination of two residences, short-term rental potential, garage and outdoor space, beach access, and a central PCB location don't come along often. Whether you're looking for a primary home with additional living quarters, a multigenerational setup, beach getaway, or income-producing opportunity, 13801 Bay Avenue gives you the flexibility to make it your own. Two residences. Six bedrooms. Beach access. Short-term rental potential. One unique Bid-A-Wee opportunity.

13801 Bay Avenue, Panama City Beach

$5,700,000
12 Beds 16 Baths 794502 MLS
The opportunity you've been waiting for has arrived. This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers a rare combination of substantial construction, direct beach access, luxury coastal living, and proven income-producing potential, all just a short drive from iconic 30A no HOA restrictions! Built with longevity in mind, this impressive beachfront building features concrete construction, metal studs, a tile roof, and stucco exterior, providing a level of stability and quality that sets it apart from typical coastal properties. The building consists of three individual income-producing residences, each offering approximately 2,500 square feet with 4 bedrooms and 4.5 bathrooms. One private residence occupies each of the second, third, and fourth floors, creating an exceptional opportunity to own an entire Gulf-front building with three separate luxury rental units and multiple income streams. Each residence features two oversized Gulf-front balconies with panoramic views of the emerald waters, sugar-white sand, and unforgettable sunsets. Walls of glass fill the interiors with natural light while showcasing uninterrupted Gulf views throughout the living spaces. Inside, each residence is thoughtfully designed for both luxury and functionality. Gourmet kitchens feature custom wood cabinetry, extensive granite countertops, premium stainless-steel appliances, generous preparation space, and elegant wet bars with dedicated wine storage. The outdoor amenities make this property equally impressive. A large, covered entertainment area provides plenty of space for guests to gather and relax while enjoying the private pool and hot tub. From there, private beach access leads directly to the Gulf of America, creating the complete beachfront experience for owners and rental guests alike. Whether you're looking for a high-quality Gulf-front investment with three individual income-producing residences, a multi-generational coastal retreat, or the rare opportunity to own an entire beachfront building, this property delivers. With its concrete construction, metal studs, direct Gulf frontage, resort-style amenities, West End Panama City Beach location, and convenient access to 30A, opportunities like this are exceptionally difficult to find.

21523 Front Beach Road, Panama City Beach

$369,000
3 Beds 3 Baths 793666 MLS
Welcome to Unit 5214 at The Island Reserve -- 8700 Front Beach Rd, Panama City Beach, FL 32407 Discover resort-style living in this spacious approximately 1,761 sq ft, 3-bedroom, 2.5-bath condominium -- one of the nicest units in the complex -- located in one of Panama City Beach's most desirable gated communities. Built in 2008, Island Reserve offers a true residential lifestyle with no short-term rentals permitted. Long-term rentals are allowed with a minimum lease term of 6 months and 1 day, making this an ideal primary home, second home, or long-term investment property. This unit comes furnished at full asking price (or unfurnished, if preferred). Step inside to an open, light-filled layout featuring soaring 10-foot ceilings, crown molding, designer vinyl floors and tile floors, and an inviting living/dining area that flows into a well-appointed kitchen with granite countertops and high-end designer LG appliances. The primary suite provides a private retreat with a generous walk-in closet, soaking tub, and separate shower, plus convenient access to your private balcony that offers a beautiful view of the landscape and the pool. Two additional bedrooms and a convenient half bath complete the flexible floor plan, with in-unit washer/dryer connections for everyday ease. Residents enjoy exceptional amenities just steps away: a spectacular 1-acre lagoon-style pool with waterfalls, zero-entry access, lap area, hot tub, and outdoor showers; a state-of-the-art fitness center; indoor basketball/pickleball courts; a theater room with large screen; game room; clubhouse; and lush landscaped courtyards with fountains. Garage parking and gated security add convenience and peace of mind. Located just minutes from the sugar-white sands of the Gulf of America, Pier Park shopping and dining, and other Panama City Beach attractions, Unit 5214 delivers the perfect blend of coastal convenience and upscale resort living. Experience the Island Reserve lifestyle -- schedule your private tour today.

8700 Front Beach Road Unit 5214, Panama City Beach

$1,910,000
7 Beds 4 Baths 792058 MLS
Rare PCB Beach Compound 4109&4111 Marlin St|| 3 Residences • One Parcel • Two Lots from the Beach • Heated/Chilled Pool • Sleeps 18-20 • Fully Furnished & Turnkey. with effective build date June 2026 Rare opportunities like this simply don't exist anymore. Just two lots from the beach, this one-of-a-kind Panama City Beach compound offers three separate residences on one parcel--a beautifully rebuilt two-story duplex with two 2-bedroom, 1-bath residences and a stunning 3-bedroom, 2-bath main home centered around a private resort-style heated and chilled pool. Combining location, flexibility, and the quality of new construction, this is a truly rare opportunity in one of Panama City Beach's most desirable vacation rental corridors. Professionally reconstructed and completed in June 2026, this is far more than a renovation. Thoughtfully rebuilt by the owner--not a builder flip--the property was designed specifically for luxury vacation rentals with an emphasis on quality, longevity, energy efficiency, and exceptional guest experience. Every detail was intentional, from the 10-foot ceilings in the main home and custom 8-foot hurricane-rated doors to the impact-rated windows and doors, custom transom windows, smart LB siding, designer coastal finishes, custom-built bunk rooms, and durable low-maintenance materials throughout. Designed to comfortably accommodate 18-20 guests, the compound is ideal for large family vacations, multi-generational gatherings, corporate retreats, or premium vacation rental operations. The resort-style outdoor living area features a new heated and chilled swimming pool, two grilling stations, expansive paver decking, and a hot and cold outdoor shower, creating an exceptional space for relaxing and entertaining after a day at the beach. Operational efficiency was equally important. Each residence has its own electric meter, each building has its own water meter, and the property includes a dedicated owner's closet, making ownership and management simple and efficient. Six off-street parking spaces provide ample room for owners and guests. Located in the highly sought-after Lower Grand Lagoon area, you're just a short walk from the beach and minutes from St. Andrews State Park, Shell Island excursions, marinas, waterfront dining, shopping, and entertainment. Leave the car behind and enjoy one of the most walkable and desirable beach locations on Panama City Beach. Situated in Flood Zone X no flood insurance needed and offered fully furnished and completely turnkey, this exceptional property is ready for immediate personal enjoyment or income-producing vacation rental operation from day one. Properties offering three fully rebuilt residences on one parcel this close to the beach are exceptionally rare and increasingly difficult to replicate. Built to be owned--not flipped--this extraordinary beach compound reflects thoughtful planning, premium materials, and craftsmanship rarely found in today's investment properties.

Panama City Beach

$825,000
4 Beds 6 Baths 792017 MLS
New Construction Duplex - Panama City Beach West! Discover an exceptional opportunity to own a newly constructed duplex at 19916 Bonita Drive on the highly desirable west end of Panama City Beach. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-generational living, this property offers versatility, modern design, and an unbeatable coastal location. Each residence features approximately 1,200 square feet of thoughtfully designed living space. The first floor showcases an open-concept layout where the kitchen, dining, and living areas flow seamlessly together, creating an inviting space for entertaining and everyday living. A convenient half bath and a private golf cart garage complete the main level. Upstairs, each unit offers two spacious bedrooms, both with private ensuite bathrooms for maximum comfort and privacy. The south-facing bedrooms capture a peekaboo view of the Gulf, adding a touch of coastal charm. Ceiling fans are installed throughout every room, and each bathroom is appointed with modern anti-fog illuminated mirrors, providing both style and everyday convenience. A washer and dryer are also included in each unit. Outside, enjoy ample parking for both residences and a fully fenced backyard, providing privacy and room for pets, outdoor entertaining, or relaxing after a day at the beach. Located just a short walk or golf cart ride from Beach Access #77, you'll have easy access to Panama City Beach's famous sugar-white sand and emerald-green waters. Everyday conveniences are just around the corner, including Carousel Supermarket, while Pier Park, shopping, entertainment, and local favorites including Thomas Donut & Snack Shop, Salty Sue's, Mike's Café & Oyster Bar, Back Beach Barbecue, and Dusty's Oyster Bar are all just minutes away. With modern construction, upscale finishes, thoughtful design, coastal views, and an outstanding location, this nearly completed duplex presents a rare opportunity for homeowners, second-home buyers, and investors alike.

19916 Bonita Drive, Panama City Beach

$425,000
3 Beds 2 Baths 791784 MLS
What's Special: 2 self-contained units Ample parking Mature shade trees Covered patio Walking distance to the beach Welcome to 132 San Vincente! This cottage is perfectly positioned within walking distance of the iconic white sandy beaches and several restaurants, and just 1.5 miles from Pier Park with all of its entertainment options. This property is located in a short-term rental and golf cart-friendly neighborhood. There are two self-contained units. Both Unit A and Unit B are 1-bedroom, 1-bath units with tile flooring throughout. Each unit features a pantry, ample closet space, a breakfast bar, dishwasher, washer/dryer, and plenty of shelving. Unit B also features a large carpeted, closet-lined addition with double-paned windows and a brand-new AC/heat unit. This space could be used as a bedroom, hobby room, or playroom. There is a covered patio tucked away for privacy from the street, featuring two porch swings. The property also includes a small, fully fenced backyard. Nearby Attractions: Frank Brown Park is just 2 minutes away and offers: Public swimming pool Dog park Skate park Sports facilities Playground Home of Gulf Coast Jam Conservation Park is 5 minutes away and boasts: 24 miles of walking and biking trails 2,900 acres of natural beauty Pine forests, wetlands, and cypress domes This home features a metal roof. Recent upgrades within the last 5 years include: New HVAC system in Unit B New water heater in Unit A New refrigerator and dishwasher in Unit A Expand your investment portfolio or enjoy a beachside getaway that could help pay for itself. Live in one unit and rent the other, or maximize income potential with short-term rentals in this highly desirable beach community.

132 San Vincente Street, Panama City Beach

$674,900
4 Beds 2 Baths 787831 MLS
Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.

21104 S Lakeview Drive, Panama City Beach

$529,000
4 Beds 4 Baths 785770 MLS
Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.

8402 Elizabeth Avenue, Panama City Beach

$1,225,000
4 Beds 4 Baths 785643 MLS
OPPORTUNITY ABOUNDS ON THIS LAGUNA BEACH PROPERTY! Welcome to 209 Oleander Drive, ideally located in the heart of Panama City Beach on a spacious L-shaped lot, just steps from the sugar-white sands and emerald waters of the Gulf (less than 600 steps to the beach!). This versatile property is perfect as a primary residence, second home, or income producing Long or short-term rental with two separate living spaces. The main house, currently owner-occupied and remodeled in 2017, features bright living spaces and a functional, open flow that is welcoming for both owners and guests. Step outside to enjoy a private outdoor area perfect for relaxing after a day at the beach or entertaining visitors. A standout feature is the 30x30 insulated workshop, offering endless possibilities. With plumbing already in place, it could easily be converted into an additional rental unit, used for a home business, or serve as storage for vehicles or a collection. The property also includes a carriage house (ADU) built in 2023, complete with a two-car garage. Over the past two years, this unit has generated $30,000 annually in short-term rental income, making it an excellent opportunity for buyers seeking immediate investment potential. The two-car garage with separate entrance also offers the option to be converted into additional rental space. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters. Refer to upgrade list in document section. Whether you're looking for a personal beach retreat, a long term or short term income-producing property, or a combination of both, this unique opportunity offers flexibility, expansion potential, ample storage, and an unbeatable location. Schedule your showing today and discover the possibilities of beach living and investment in Panama City Beach!

209 Oleander Drive, Panama City Beach

$605,000
4 Beds 4 Baths 785519 MLS
PRICED TO SELL! Own a true piece of American history just steps from the sugar-white sands in the highly sought-after Bid-A-Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern-day investment potential--offering a story as special as the location itself. Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid-A-Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three-story homes, create a multi-generational beach compound, or maximize returns with future development. Short-term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity. The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence--perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial. Owners and guests enjoy exclusive private access to five gated Bid-A-Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests. Whether you envision building signature beach homes, creating a legacy property, or securing a high-performing investment with immediate income, this is a once-in-a-generation opportunity to own one of Bid-A-Wee's most iconic and versatile properties.

13809 Bay Avenue, Panama City Beach

$1,599,999
10 Beds 8 Baths 783708 MLS
60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach. The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool. There is no HOA and short term rentals are allowed. The entire complex is being offered fully furnished and turnkey, allowing a new owner to begin generating rental income immediately upon closing while capturing peak revenue as the Panama City Beach spring and summer seasons approach. The units offer functional layouts, durable finishes, and ground floor access that renters consistently prefer. Major building improvements have already been completed including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof w new truss system and hurricane clips, updated windows and doors, HVAC and water heaters replaced . Ownership of the entire complex provides FULL control of the building and common areas, allowing a buyer to establish access, usage, and management standards that align with their investment strategy. The seller has prepared rental projections estimating gross annual income potential in the range of approximately $200,000 to $225,000 when operated as short term rentals, and rental projections are estimates and not guaranteed. Previous numbers are available under a contingency. Quadplexes offering direct beach access, no HOA restrictions, rental flexibility, and scale potential rarely come available as a single acquisition in this location. Assets with this level of location, scale, and rental flexibility do not stay available long. Call your favorite agent today to schedule a showing and learn more about this STR quadplex opportunity in Panama City Beach, FL!

5012 Gulf Drive Unit 1-4, Panama City Beach

$748,000
3 Beds 2 Baths 749533 MLS
This fully updated, fully furnished duplex resides on the coveted West End of Panama City Beach, boasts Gulf views from the second floor, and has only 600' between your driveway and dedicated public beach access number 87. Positioned on a large corner lot, this 1,824 sq. ft floor plan is split evenly between both units of the duplex, which are divided by floors. Both floors underwent extensive upgrades in 2022 and mirror each other with attention to detail, tasteful décor, and thoughtful use of space. Both kitchens have been upgraded with granite counters for the heart of the kitchen, butcher block counters on the attached island, solid wood shaker cabinets, and stainless steel appliances. Both bathrooms have been updated with new tile surrounds, new vanities, and updated mirrors and lighting. Durable LVP flooring and new exterior doors have been installed on both floors. The general flow for both units includes an open-concept entertainment area with spacious living rooms and an easy flow between the kitchen and dining space. The bathroom for each floor is easily accessible from the entertainment areas. It is located across from the primary bedroom and adjacent to the extra bedroom or bonus room, depending on the unit. Memorable décor, thoughtful amenities, and creative use of space make both units turn-key and attractive as a short-term rental opportunity in a non-HOA neighborhood. Getting down to the unique differences and starting downstairs with Suite A, you have one bedroom + a bonus room, and one bathroom. As you approach the property, you are greeted by covered patios with an outdoor dining table for 6, outdoor lounge chairs for enjoying the Florida weather, and a shaded hanging swing, perfect for quiet time away from the sun. The primary bedroom boasts a king-sized bed, and Suite A's bonus room currently features a trundle bed and a full-size washer and dryer. This room is set for maximizing occupancy for short-term rentals, but the space offers a versatile layout to suit you as needed. If you plan to live in the home, this room would make a great office or hobby room. Moving upstairs, you are greeted by Gulf views from the porch and the primary entertainment space inside, with a clear line of sight down Dupree St over the beach access. Imagine having your morning coffee or enjoying a home cooked meal on the porch with a view of the water, all from the comfort of your home. Moving inside, you are greeted by a similar layout to the downstairs unit; however, a full bedroom takes the place of the bonus room downstairs, making this a full two bedroom unit. Located in Riviera Beach, a coveted neighborhood known for its Old Florida feel and sense of community pride, this home offers the opportunity to invest in an area that has seen tremendous growth in recent years. Being a Gulf view, multi-family property with flexible lending and investment opportunities makes this a must-see for current or want-to-be investors looking to house hack their way into home ownership. Gulf views are a prized asset along the Emerald Coast, and you can have them here at 144 Dupree St.

144 Dupree Street, Panama City Beach

$1,320,000
8 Beds 8 Baths 765786 MLS
Turn-Key Duplex in the Heart of Panama City Beach - A Rental Powerhouse Opportunity! Discover the perfect blend of luxury, location, and high-income potential with this stunning new-construction duplex in Panama City Beach. Just steps from the world-famous sugar-white sands and emerald waters, this property is designed to excel in PCB's thriving short-term rental market. This prime location is a magnet for year-round visitors. The vibrant Thomas Drive, moments from your doorstep, offers endless dining, shopping, and entertainment options—all complemented by the relaxing aroma of the ocean breeze. With nearby attractions like St. Andrews State Park, Pier Park, and family favorites such as Shipwreck Island Waterpark, guests of all ages will find something to love. Dining hotspots like Captain Anderson's, Schooners, and The Grand Marlin are sure to please foodies and families alike. For adventure seekers, the property is conveniently located near golf cart rental companies, pontoon boat rentals, jetski operators, and deep-sea fishing charters offering unforgettable experiences on the Gulf. Each side of the duplex has been thoughtfully designed to provide guests with the ultimate experience. With four bedrooms and four full bathrooms on each side, the property can accommodate up to 14 guests per unit, for a total of 28 guests. Both units come fully furnished and feature modern finishes, including LVP flooring, tiled showers, and 9-foot ceilings. The primary-level kitchens are complemented by a fun upstairs game room and entertainment space with a wet bar. Ground-floor laundry rooms and secondary laundry hookups on the second floor offer added convenience, while smart home technology ensures ease of remote management. Every room is equipped with a flatscreen TV, and outdoor showers and under-stairwell storage provide thoughtful touches for beachgoers. The home also includes both a covered rear patio and a covered upper balcony, complete with ceiling fans, comfortable outdoor seating, and dining tables, offering the perfect spaces to relax or gather for meals in the coastal breeze. The exterior is equally impressive, with privacy fencing and enough space to add a pool on each side, making it even more appealing to guests. A bonus rear gravel parking area and ample front parking add to its convenience. There's also room for a housekeeping station, making turnovers simple and efficient. Best of all, this turn-key property has no HOA fees and is just a three-minute walk to the beach, giving guests seamless access to everything PCB has to offer. Its thoughtful design, proximity to top attractions, and high-end amenities position this duplex as a top-performing rental property in Florida's booming coastal market. Don't miss out on this rare opportunity to own a truly exceptional investment property. Schedule your showing today and start capitalizing on PCB's unparalleled rental potential!

7026 Thomas Drive Unit A & B, Panama City Beach

$1,550,000
10 Beds 8 Baths 761698 MLS
**Seller Financing Available!** THE MOST DESIRABLE INVESTMENT ON THE MARKET - DUPLEX FOR SALE IN A PRIME LOCATION, PERFECT FOR SHORT-TERM RENTALS! 100% RENTAL-READY. SOLD AS TURNKEY INVESTMENT! Each side of the duplex (Unit A & Unit B) features 5 bedrooms, 3.5 baths, a full kitchen, and a spacious living area. The property's backyard is a true highlight with HUGE 15x30 ft SALTWATER HEATED POOL, 2 stylish gazebos, and 2 dining areas-ideal for outdoor entertaining. This upscale 30A-style construction is thoughtfully planned for vacation rental. Offers 10-foot ceilings, high-quality stucco, LVP flooring, luxury tiled glass door showers, quartz countertops, modern LED mirrors, and unique European doors. The duplex is fully-equipped with modern appliances, 4 AC units with smart thermostats + 4 tankless gas water heaters. Unique 16x6ft covered balconies to enjoy morning coffee and resort-style backyard offering breathtaking sunsets. This property is ideal for large family gatherings. Location is KEY - just a short walk to the BEACH and less than 3 min drive to Pier Park, the heart of PCB for entertainment, shopping, and dining. It's also within walking distance to Frank Brown Park, known for hosting sports tournaments and concerts, including the famous Gulf Coast Jam. Additionally, it's near the upcoming Dolly Parton's 'Pirate Voyage Dinner & Show' and Top Golf, set to open next season in PCB. The convenience continues with ECP Airport only 15 minutes away. This is a great opportunity to own a high-quality investment property just a short stroll from the Most Beautiful White Sands ! THAT'S A RENTAL MACHINE! POTENTIAL ANNUAL GROSS INCOME $250,000 ! NO HOA FEES! SCHEDULE YOUR SHOWING TODAY!

110 San Vincente Street Unit A & B, Panama City Beach

$330,000
3 Beds 2 Baths 759266 MLS
UPDATE- NEW ROOF installed on July 24th, 2025! Many updates including 2 warrantied Air conditioners, updated plumbing and more. You're not seeing double. This house has TWO kitchens! Use this property as a duplex or single family home. Perfect for sharing spaces of multiple families. Hard to beat the location on a great corner lot. See and hear the Gulf of America from all south facing windows! This solid block-built home is just steps from the white sandy beaches. Additionally, with 120 ft. of frontage to Middle Beach Road this property offers unique opportunities for both Commercial or residential applications. This home has been used as a duplex for years, with private access from either side, and a doorway opening now connecting the 2 units (not pictured) from inside, which offers great flexibility depending on your usage. Unit A offers 2 bedrooms with a full bath room, jack-and-jill style between the first 2 bedrooms. Unit B has an additional 3rd bedroom with it's own full bathroom. This home has TWO kitchens; 1 kitchen in each unit as well as a separate living/dining area in each unit. Each entry way is conveniently covered with a large covered porch attached to unit B and a carport attached to unit A. A laundry room/shed is also attached to the carport. Recent updates include TWO brand new Central AC units with transferrable warranty, New kitchen cabinets, doors and more. This property sits in the Tourist District (PCB Future Land Use), within the City Limits of Panama City Beach. While the existing structure is currently used for residential purposes, this Bahama Beach property features CH COMMERCIAL ZONING, which allows for a wide range of commercial and residential usage. This area of Panama City Beach is rapidly growing. 613 Azalea St sits just a block from the beautiful new Margaritaville Cottages. Don't miss your opportunity to own a slice of a high growth area in PCB! Call today and set up your own private tour. All information is deemed reliable but buyer is expected to verify all information including measurements, dates, zoning allowed uses, condition, etc... This home has been virtually staged to depict possible layouts.

613 Azalea Street, Panama City Beach

$550,000
6 Beds 4 Baths 752748 MLS
Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors. Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. Imagine the potential returns once both units are optimized to their fullest potential! Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property. Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!

2712 Banyan Street, Panama City Beach

Start Your Search

Panama City Beach Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Panama City Beach and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!