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Browse All Panama City FL Between $1 Million - $2 Million Properties for Sale

5717 Thomas Drive Unit A164, Panama City
$1,125,000
3 Beds ⋅ 3 Baths ⋅ 797046 MLS
EXTREMELY RARE BEACHFRONT OPPORTUNITY AT LARGO MAR! Opportunities like this don't come around often! Welcome to Largo Mar, a gated, low-rise beachfront community where the beach is quite literally your front yard. This stunning 3-bedroom, 2.5-bathroom, three-story condo offers over 1,800 square feet of beautifully remodeled living space and a beachfront experience that's hard to find. With only 20 units of this kind in the entire complex, and this being the ONLY one currently offered for sale, this is truly a rare opportunity to own something special. Step right outside your front door and onto the sugar-white sands of Panama City Beach. No elevators, no long walks, and no streets to cross--just the beautiful beach right outside your door! Unlike many beachfront condos, this property has NEVER been used as a rental and has been exceptionally well maintained. Completely remodeled from top to bottom, every detail has been thoughtfully updated, making this a truly turnkey coastal retreat. Even better, the condo is being sold fully furnished, including the washer and dryer, so all that's left to do is enjoy! Largo Mar offers fantastic amenities, including a community pool, hot tub, picnic areas, and outdoor grills, all within a gated beachfront setting. Whether you're searching for a personal beach getaway, a second home, or an investment opportunity, this one checks all the boxes. Rare floor plan, extensive renovations, and the beach literally at your doorstep--this is beachfront living at its finest!

5717 Thomas Drive Unit A164, Panama City
7505 Thomas Drive Unit 222B, Panama City
$1,100,000
2 Beds ⋅ 2 Baths ⋅ 796995 MLS
Welcome to En Soleil Resort, the pinnacle of luxury on Panama City Beach's stunning coastline. Unit 222W, located on the second floor of the west tower, provides breathtaking views of the resort's lagoon-style pool and unforgettable sunsets over the Gulf. This opulent 2-bedroom, 2-bath condo boasts a true dual master split floorplan, connected by a spacious balcony, offering unmatched privacy—widely considered one of the finest layouts on the beach. Elegantly designed with high-end furnishings, the condo features a fully equipped kitchen with stainless steel appliances, a wine cooler, and modern touches like central lighting, a Nest thermostat, and a full-size laundry area. Both master suites showcase Gulf views through brand new, impact-glass windows, king-size beds, private en-suite bathrooms, and direct access to the expansive balcony—perfect for outdoor dining and grilling in style. Unit 222W is further enhanced by premium perks, including the coveted #1 parking spot and an outdoor storage closet that can be leased for additional income. With fewer rental units available at En Soleil, this condo enjoys a strong rental revenue history, making it an outstanding investment opportunity. Guests can enjoy optional beach service (March-October) and the resort's unbeatable location, with easy access to world-class dining, shopping, golf, and more. Discover the ideal combination of luxury, privacy, and investment potential at En Soleil 222W.

7505 Thomas Drive Unit 222B, Panama City
7505 Thomas Drive Unit 1312B, Panama City
$1,300,000
2 Beds ⋅ 2 Baths ⋅ 796885 MLS
BREATHTAKING OCEAN VIEWS FROM EVERY ROOM! LUXURY PANAMA CITY BEACH PENTHOUSE! Experience elevated coastal living in this stunning, fully furnished penthouse in beautiful Panama City Beach! Offering breathtaking ocean views from every room, this beautifully updated 2-bedroom, 2-bath condo combines luxury, comfort, and the ultimate resort lifestyle. The open floor plan is filled with natural light, while the desirable split-bedroom layout provides privacy for owners and guests. The spacious living area features a beautiful gas fireplace and sliding glass doors that open onto your private balcony, where you can relax, entertain, fire up the gas grill, and enjoy spectacular sunsets over the water. Both bedrooms also feature sliding glass doors leading directly to the balcony, creating a seamless connection between indoor and outdoor living while allowing you to wake up to beautiful ocean views. Thoughtfully updated throughout, this move-in-ready penthouse comes fully furnished and features appliances approximately two years old, making it easy to begin enjoying your own beach retreat. The gated community offers resort-style amenities, including swimming pools, a fitness center, private beach access, elevators, and assigned covered parking in the parking garage. Whether you are searching for a luxurious primary residence, a second home, or an investment opportunity, this exceptional property offers the best of Panama City Beach living. With short-term rentals permitted, you can enjoy your own coastal getaway while exploring its potential as a vacation rental investment, subject to applicable community rules and local regulations. Enjoy the ocean views, embrace the resort lifestyle, and make every day feel like a vacation! This is coastal penthouse living at its finest. Easy to Show, call to schedule your private showing.

7505 Thomas Drive Unit 1312B, Panama City
430&432 McKenzie Avenue, Panama City
$1,250,000
796535 MLS
WATERFRONT TWO STORY EXECUTIVE LAW OFFICE + 2 VACANT LOTS + BOATHOUSE with +/-200 FEET OF WATER FRONTAGE on Massalina Bayou. Located in the popular Historic Downtown District of Panama City, this property is a 1-2 minute walk to the Bay County Courthouse, and a 4 minute walk to Panama City's Social District, where you will enjoy waterfront dining, brew pubs, cafes, boutiques, local art galleries, specialty shoppes, performing arts theaters, live events & music, antique shopping, seafood market, and more! The 432 McKenzie Avenue professional building sits on the northernmost lot, with two adjoining vacant lots to the south. The vacant lots are currently being utilized as well-kept green space, with access to the boathouse built in 2020. The building itself encompasses +/- 4000 square feet with an additional 1000+ square feet of large waterfront balconies. As you pull into the paved lot, you will find plenty of parking leading up to this impressive two story building, with its southern architecture. The entrance is shaded by towering trees that frame and accent this charming property, which is all situated on the waters edge for maximized views of Massalina Bayou. As you enter through the rich wooden front door and into the spacious lobby, you will note the atmosphere is formal yet comfortably inviting. This large first level reception area is central to two private offices, two conference rooms, and multiple additional offices and areas for reception and administration. As you ascend the wide and well lit U-shaped staircase, the second level also consists of a spacious reception area, central to another 2 large private offices, a gorgeous law library, additional private areas and offices for administration and conference use, and a kitchen/break area as well. Both the first and second level have multiple big water views and accesses to the expansive waterfront balconies on each level. This property is the perfect combination of southern design, serene water views, and executive decor. Whether you are looking for the perfect waterfront office space in a premium location with additional land, or considering an investment with possible incentives in an area that is quickly becoming a destination location, this could be the perfect property for you! Property is being sold As-Is. Furnishings and contents may be negotiable at Seller's discretion. Office is wheelchair accessible. Plenty of additional storage. There are currently hurricane shutters in place, so some photos feature virtually rendered views where the shutters currently block the windows and doors. Actual views and dimensions of windows and doors may slightly vary. Roof was replaced in 2018. Survey is available. All information is approximate and should be verified by Buyer if important.

430&432 McKenzie Avenue, Panama City
1900 Northside Drive, Panama City
$1,800,000
796463 MLS
Great Commercial development opportunity. This premier location is zoned GC-2. The parcel is 9.08 acres with 830' of road frontage on west 19th Street and 480' on Northside Drive. The ENVIRONMENTAL RESOURCE PERMIT has been issued (FDEP No. 0278696-010-EM/03), which means the site is design ready with Stormwater Engineering and Wetland Delineation completed. The convenient location and zoning make the property ideal for medical or professional offices, retail or service providers in need of warehouse space and a lay-down yard, educational institution, or health care/surgery facility. This parcel can also be subdivided into five individual lots each with a minimum 150' of road frontage on west 19th Street. The attached photos include a drawing that illustrates the entire parcel and how it can be subdivided. Note each lot has a designated impact envelop and conservation area. The seller will consider a Joint Venture opportunity with an approved project.

1900 Northside Drive, Panama City
4115 Holiday Drive, Panama City
$1,259,000
4 Beds ⋅ 4 Baths ⋅ 796444 MLS
Just off the coast of Panama City Beach and only one block from beach access, 4115 Holiday Drive is a newly built coastal retreat designed around elevated living, flexibility, and the effortless rhythm of life near the Gulf. Completed in 2025, the three-level residence offers 2,640 square feet of heated and cooled living space with four bedrooms, four bathrooms, Hardie board siding, and covered porches and balconies spanning each level. The home blends a refined coastal aesthetic with a layout designed for both privacy and entertaining. The main level opens into a bright living space and beautifully appointed kitchen featuring quartz countertops, white shaker cabinetry, stainless steel appliances, and a walk-in pantry. A private guest suite with its own en suite bath and a dedicated walk-in laundry room complete the first floor. Upstairs, the second level features two spacious primary-style suites, each with a private en suite bathroom and direct access to the balcony. The third floor serves as a private upper-level retreat with a bedroom or flex space, kitchenette, en suite bath, and an expansive walkout balcony capturing elevated views toward the Gulf. Beyond the main residence, a substantial 1,840-square-foot detached building adds another level of flexibility to the property, with approximately 860 square feet already heated and cooled. The space offers exceptional potential for a guest retreat, entertainment space, studio, fitness area, or additional income-producing use, subject to applicable zoning, permitting, and approvals. Between the residence and detached building, the backyard creates an opportunity to further transform the property into a private coastal escape. Subject to permitting and site requirements, the space may accommodate a pool, surrounding deck, and outdoor entertaining area, creating a resort-style courtyard that connects the two structures. Altogether, the property offers approximately 4,480 square feet of combined building area, including roughly 3,500 square feet currently heated and cooled. With newer construction, Gulf views, multiple private suites, expansive balconies, substantial additional space, and beach access just a block away, 4115 Holiday Drive offers more than a place near the water. It offers the foundation for a distinctive coastal retreat--one that can be enjoyed today and elevated even further for years to come.

4115 Holiday Drive, Panama City
720 Bunkers Cove Road, Panama City
$1,899,000
4 Beds ⋅ 3 Baths ⋅ 796269 MLS
Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

720 Bunkers Cove Road, Panama City
3618 Preserve Boulevard, Panama City
$1,150,000
4 Beds ⋅ 4 Baths ⋅ 796194 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS - Offered at $1,150,000, this 4 BR/3.5 BA home in Preserve on the Bay offers 3,280 SF, a private heated pool, 3-car garage and St. Andrews Bay view. Set on an oversized 0.47-acre lot, this beautiful home blends privacy, luxury and functionality in a peaceful, gated Panama City Beach community surrounded by mature trees and lush landscaping. One of the property's most special features is its natural setting. Although not waterfront, conservation land extends behind the homesite toward St. Andrews Bay, creating a peaceful natural backdrop and allowing the home to look out over conservation land instead of neighboring backyards. From the upstairs balcony, enjoy a beautiful view overlooking the pool, lush landscaping, marsh/conservation land and St. Andrews Bay. Inside, custom character and craftsmanship are complemented by generous living spaces and natural light from large windows. The formal dining and living rooms feature 12-foot ceilings, while hardwood flooring, crown molding, substantial baseboards, plantation shutters and recessed lighting add warmth throughout. French doors from the formal living room open directly to the patio and screened pool area. The first-floor primary suite also offers patio access, Bay windows, and a spacious bath with granite countertops, double vanities, jetted tub, separate shower and walk-in closet. A first-floor office with a full closet and extensive built-ins provides flexible space as the fourth bedroom. The open-concept kitchen, family room and additional dining area offer plenty of room to gather and entertain. The kitchen features granite countertops, stainless steel appliances, gas range, convection oven, island with wine storage, breakfast bar, workstation and two pantries. Three sets of French doors open this space to the patio and screened pool area. Together with outdoor access from the formal living room and primary bedroom, the layout creates a natural connection between indoor and outdoor living. The family room also features a gas fireplace and built-in cabinetry. Upstairs are two bedrooms connected by a Jack and Jill bath and a large open landing offering additional flexible living space. Currently used as an art studio and artist's corner, it could also serve as a reading nook, sitting area, playroom or additional flex space. The large covered balcony is enclosed within the screened pool structure and overlooks the pool, marsh/conservation land and St. Andrews Bay. Outdoor living is a highlight, with a private in-ground gunite pool with gas heat, screened enclosure, covered patio, outdoor shower and half bath. Mature live oaks, palms and lush landscaping enhance the peaceful setting. An additional covered parking area adjacent to the 3-car garage can also serve as covered outdoor living space when not needed for vehicles. Storage is abundant throughout the home, with numerous closets, built-ins and a large attic. The 3-car garage provides even more storage with abundant upper and lower cabinetry and countertop workspace. A long, spacious paver driveway provides generous additional parking and a welcoming approach to the home. Additional features include a sprinkler system supplied by a well, owned water filtration system, gas and electric water heaters, whole-home surround-sound wiring and security-system wiring. Preserve on the Bay is a peaceful, gated and private Panama City Beach community known for mature trees and established landscaping, while remaining close to shopping, dining, area attractions, marinas and the beaches. With its oversized lot, abundant storage, flexible living spaces, multiple indoor-outdoor connections, private heated pool, 3-car garage, additional covered parking and beautiful conservation-land setting overlooking St. Andrews Bay, 3618 Preserve Boulevard offers space to live, gather, entertain and enjoy Northwest Florida's natural surroundings. HOA dues are currently $1,818.66 an

3618 Preserve Boulevard, Panama City
5509 Thomas Drive, Panama City
$1,349,900
4 Beds ⋅ 4 Baths ⋅ 796073 MLS
Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.

5509 Thomas Drive, Panama City
3230 Hwy 77, Panama City
$1,400,000
795867 MLS
In Bay County unincorporated, Great parcel for new development of most any retail, office, business or hotel. High and dry with exception of Conservation Easement on NW corner. See agent remarks.

3230 Hwy 77, Panama City
000 W Pipeline Road, Panama City
$2,000,000
795770 MLS
***Can be purchased separately or can purchase the entire 38 acres. See MLS # 795721 for more details and documents regarding the entire parcel*** Exceptional development opportunity in one of Panama City's growing residential and commercial corridors! This approximately 5-acre piece of land, is a proposal from the seller of a larger 38-acre tract located along Hwy 390 near Pipeline Road and Hwy 231. The seller is open to alternative sections of the property based on the buyers needs. The parent parcel is currently listed as industrial-zoned land and offers substantial frontage along the Hwy 390 corridor. Buyers should verify zoning, allowable uses, utilities, access, and subdivision requirements with the appropriate governmental authorities. Location is a major highlight. The property sits near the rapidly developing Hwy 231/Hwy 390 corridor, surrounded by established and newer residential communities that can provide a strong customer and employment base for future commercial development. Nearby residential growth includes communities such as Titus Park, Bylsma Manor Estates, and Sunset Village, reinforcing the continued expansion of this portion of Bay County. Just down the road is the growing Lindsey Crossing/Panama City Centre retail area, anchored by Publix Super Market at Panama City Centre at 4601 Lindsey Crossing. The center and surrounding outparcels are bringing additional shopping, dining, services, and daily traffic to this part of Panama City, including Starbucks and other businesses. The Publix-anchored center sits near the intersection of Hwy 231 and the Hwy 390 corridor, creating a convenient commercial hub for the surrounding residential population. Additional grocery and retail services are available nearby along Hwy 231, including Winn-Dixie at 3621 US-231 in the Transmitter Crossing area. The combination of Hwy 390 access, proximity to Hwy 231, expanding residential development, and nearby grocery, restaurant, retail, and service businesses makes this 5-acre tract an attractive opportunity for an investor, developer, or owner-user seeking a strategic location in north Panama City. Bring your vision or alternative suggestions to the seller and let's see what we can work out!

000 W Pipeline Road, Panama City
3533 W Highway 98, Panama City
$1,174,999
795696 MLS
Rare opportunity to acquire a 14-unit multifamily property positioned directly along W Hwy 98 in Panama City, offering an established income producing asset in a highly visible and strategically located corridor. With approximately 42,250 vehicles traveling this segment of W Hwy 98 daily, and updates from 2021 including new electrical, sewer and water lines, windows, doors, drywall, trusses and roof, the property benefits from exceptional exposure and convenient connectivity throughout Panama City and the surrounding Bay County market. Located in the historic St. Andrews area, this property places residents within easy reach of everyday necessities, restaurants, shopping, employment centers, schools, recreation and major transportation routes. The surrounding area provides convenient access to the Port of Panama City, Gulf Coast State College, Florida State University-Panama City, downtown Panama City, the Hathaway Bridge and the beaches of Panama City Beach. For residents, the location offers the convenience of being close to work, education, dining and entertainment, while investors benefit from the property's established multifamily use and proximity to major demand drivers throughout the Panama City market. Lucille Moore Elementary School is approximately 0.2 miles away, with Jinks Middle School approximately 2.5 miles and Bay High School approximately 2.9 miles from the property. The property's history as a multifamily asset dates back to its construction in approximately 1970, reflecting its historic operation as Bay Villa Apartments. Whether you're looking to add an established multifamily asset to your portfolio, or capitalize on the continued demand for housing in the Panama City/St. Andrews area, 3533 W Hwy 98 presents a unique opportunity to own a sizable multifamily property along one of the area's most traveled corridors. Buyer to independently verify all measurements, zoning, permitted uses, unit configuration, financials, traffic counts, and other property information deemed important to buyer. All financial information is approximate, provided by owner.

3533 W Highway 98, Panama City
5004 S Thomas Drive Unit 401, Panama City
$1,100,000
3 Beds ⋅ 2 Baths ⋅ 795561 MLS
*****ENTERED FOR COMP PURPOSES ONLY****

5004 S Thomas Drive Unit 401, Panama City
2025 W 15th Street, Panama City
$1,200,000
795376 MLS
Investment opportunity at 2025 W 15th Street in Panama City! This established gas station and convenience store property is situated along the highly traveled W 15th Street commercial corridor and is being offered as a fully leased, income-producing commercial investment. The property is currently operated as a gas station and convenience store under a long-term commercial lease with an additional tenant renewal option. The lease structure places responsibility for applicable property taxes, insurance, assessments, and extensive repairs and maintenance on the tenant, including major building components. This provides an attractive opportunity for an investor seeking an established fuel and convenience store location, commercial frontage, long-term tenancy, and future appreciation potential. Buyer to independently verify all lease terms, environmental matters, zoning, property condition, and other information material to the purchase.

2025 W 15th Street, Panama City
3718 Preserve Bay Boulevard, Panama City
$1,410,000
795372 MLS
THE PRESERVE -- WATERFRONT HOMESITE WITH PRIVATE DOCK! This is your opportunity to build your dream home on a beautiful waterfront homesite at 3718 Preserve Bay Blvd. in Panama City Beach. With direct St. Andrews Bay frontage and a private dock already in place, this property is ready for you to bring your boat, kayaks, paddleboards, or simply enjoy breathtaking sunsets from the water. Enjoy the rare convenience of boating and fishing right from your backyard, with access to the Gulf. Design a custom waterfront residence perfectly suited to the Florida coastal lifestyle. Located in the desirable Preserve Bay community, this homesite offers a peaceful waterfront setting while remaining just minutes from Panama City Beach's beautiful beaches, marinas, restaurants, shopping, and entertainment. Whether you're ready to build your forever home or seeking a premier waterfront investment, this is your opportunity to create your own private retreat on St. Andrews Bay.

3718 Preserve Bay Boulevard, Panama City
3532 Treasure Circle, Panama City
$1,499,000
4 Beds ⋅ 3 Baths ⋅ 795278 MLS
DIRECT GRAND LAGOON WATERFRONT + GULF ACCESS. TO BE BUILT: $1,499,000 land + proposed home package. Elevated waterfront residence offers approximately 2,880 SF heated/cooled, 3 bedrooms plus office/flex 4th bedroom, 3 baths and approximately 528 SF of covered outdoor living. Pricing, specifications, finishes, plans and construction costs subject to final builder contract, engineering, permitting and buyer selections. Build the waterfront lifestyle instead of trying to find it already built. Architectural plans and renderings are included. This cleared 0.13-acre homesite offers approximately 48 feet of Grand Lagoon frontage, an existing seawall, approximately 180' dock, public sewer availability and NO HOA. STR allowed and golf cart to the beach or to many popular local restaurants, the marina, and attractions within minutes. The open living, dining and kitchen areas are positioned around the water, with generous covered porches designed to extend the living space toward Grand Lagoon. An elevated coastal design also creates valuable covered space below while maximizing views from the primary living level. Significant waterfront infrastructure is already in place. The property is cleared and includes an existing seawall and approximately 180' dock, giving a future owner direct access to the lagoon while planning and building. From here, enjoy protected boating waters with access to St. Andrews Bay, Shell Island and the Gulf, along with waterfront restaurants, marinas and the best of the Panama City Beach boating lifestyle just minutes away. Whether envisioned as a full-time waterfront residence, second home or potential vacation-rental property subject to applicable regulations, this site offers the increasingly rare opportunity to build new around the lifestyle you actually want instead of renovating somebody else's version of it. Architectural plans and renderings are provided for informational and visualization purposes. Buyer to independently verify current plan suitability, zoning, setbacks, permitting, flood/elevation requirements, utilities, construction costs, dock and seawall condition/permitting and all intended uses. Seller is a licensed Florida real estate agent.

3532 Treasure Circle, Panama City
6908 Thomas Drive, Panama City
$1,900,000
795258 MLS
Prime Commercial Opportunity - Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for! This rare .54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,522 sq. ft., or .54 of an acre • 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone -- despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

6908 Thomas Drive, Panama City
6627 Thomas Drive Unit 301, Panama City
$1,350,000
3 Beds ⋅ 3 Baths ⋅ 795199 MLS
EXPANSIVE 2,274 SQ. FT. GULF-FRONT RESIDENCE AT STERLING BEACH! Experience the space and comfort of a true coastal home combined with breathtaking Gulf-front living in this spacious 3-bedroom, 3-bath residence. Floor-to-ceiling windows showcase sweeping views of the emerald-green waters and sugar-white sands of Panama City Beach, filling the living spaces with natural light and putting the Gulf on display from the moment you walk through the door. Offering an impressive 2,274 square feet, this spacious floor plan provides plenty of room to gather, entertain and relax while still offering privacy for family and guests. The open-concept living and dining areas flow seamlessly into the beautifully appointed kitchen featuring a large granite island, stainless steel appliances, custom cabinetry and abundant workspace and storage. The Gulf-front primary suite is a private retreat featuring its own balcony, beautiful water views and a spacious ensuite bath with an oversized walk-in shower, dual vanities and upscale finishes. Two generously sized guest bedrooms and additional baths provide comfortable accommodations for family and visitors, making this residence an exceptional choice as a primary home, second home or vacation retreat. Tile flooring, crown molding, recessed lighting and timeless architectural details complement the home's coastal style, while expansive windows and multiple outdoor spaces allow you to enjoy the Gulf views that make this residence so special. Currently participating in a vacation rental program with a strong booking history, Unit 301 also offers an attractive opportunity for buyers looking for a Gulf-front second home with established rental appeal. Rental history and additional information are available upon request. Sterling Beach offers more than 300 feet of pristine Gulf frontage along with an impressive collection of resort-style amenities, including a spectacular 4,000 sq. ft. beachfront pool, seasonally heated spa, fitness center, private 48-seat theater and convenient beach access. Ideally located on the quieter east end of Panama City Beach along sought-after Thomas Drive, Sterling Beach is just minutes from St. Andrews State Park, marinas, boating and fishing, waterfront dining, shopping and many of the area's favorite local destinations. If you've been searching for a Gulf-front property that offers the SPACE of a home, the VIEWS of a beachfront retreat and the AMENITIES of a luxury resort, Sterling Beach Unit 301 deserves to be at the top of your list. Schedule your private showing and experience this exceptional Gulf-front residence for yourself.

6627 Thomas Drive Unit 301, Panama City
2714 Dorothy Avenue, Panama City
$1,200,000
795138 MLS
3+ ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH DUAL ROAD ACCESS! This property offers approximately 630' x 218' overall dimensions with access from both Dorothy Avenue and Anne Avenue, providing excellent accessibility and flexibility for future development. Zoned Residential-2 (R-2), the property allows for a variety of residential uses, including single-family homes, duplexes, and manufactured homes. With its size, overall rectangular layout, residential zoning, and access from two separate roads, this is a great opportunity for a builder, developer, or investor looking for their next project. The entire property is being offered together as one package, giving a future owner the opportunity to plan and develop the site with a unified vision. Bring your plans and explore the possibilities this property has to offer! Nine parcel IDs included in the sale: 27808-035-000 27808-030-000 27808-032-000 27813-000-000 27813-020-000 27810-043-000 30235-120-000 27813-010-000 27810-041-000. Buyer to verify acreage, dimensions, zoning, allowable uses and density, utilities, easements, and all development requirements.

2714 Dorothy Avenue, Panama City
5407 Hopetown Lane, Panama City
$1,070,000
3 Beds ⋅ 4 Baths ⋅ 795076 MLS
A Coastal Sanctuary Where Luxury Meets Laid-Back Living. Welcome to a truly special home in Panama City Beach, where refined coastal living meets the tranquility of nature. Nestled within a beautiful gated neighborhood and ideally located near Grand Lagoon, pristine beaches, state parks, and an incredible selection of fine and casual dining, this exceptional residence offers the best of the area right at your fingertips--while providing a peaceful retreat to come home to. Thoughtfully designed with both comfort and entertaining in mind, this 3-bedroom, 3½-bath home offers an inviting open-concept layout with beautiful custom finishes throughout. The main level centers around a spacious living, dining, and kitchen area designed for effortless everyday living and gathering with family and friends. The luxurious primary suite is also located on the main floor, creating a private retreat complete with a beautifully appointed ensuite bath, custom tilework, custom cabinetry, and a generous walk-in closet. Upstairs, two spacious bedrooms each feature an attached full bathroom, offering privacy and comfort for family members or guests. A separate bonus room adds another level of enjoyment with a customized home movie theater, creating an incredible cinematic experience without ever leaving home. Step outside and the magic continues. Enjoy your morning coffee or an evening breeze from the inviting open front porch, or retreat to the screened porch overlooking the private dipping pool and expansive pavered outdoor space. Here, the setting becomes just as memorable as the home itself. Beyond the backyard lies a serene lake with a beautiful fountain, creating a picturesque backdrop that changes with the seasons. The surrounding landscape is home to an abundance of wildlife, including deer, herons, osprey, and turtles. It feels less like a backyard and more like your own private nature sanctuary--a place where you can slow down, reconnect with nature, and enjoy the beauty of the outdoors throughout the year. And when you're ready to explore. Spend the day at the beach, explore the nearby state park, enjoy the waters of Grand Lagoon, or discover the area's diverse dining and entertainment options. Adding to the appeal, the gated community prohibits short-term rentals, preserving the peaceful residential character of the neighborhood. This is a home designed for living well, it's beautifully appointed, wonderfully private, and surrounded by the natural beauty and coastal lifestyle that make Panama City Beach such a special place to call home. Come experience the sanctuary for yourself.

5407 Hopetown Lane, Panama City
10999 Front Beach Road Unit 6, Panama City
$1,199,999
3 Beds ⋅ 3 Baths ⋅ 795051 MLS
Experience true Gulf-front living with this rare 3-bedroom, 2.5-bath beachfront townhome with Hall bunks located directly on the sand in the heart of Panama City Beach and with NO HOA. Forget elevators, parking garages, and hauling beach gear across a resort. Here, you can simply step off your private back deck and onto the sugar-white sand of the Gulf of Mexico. This property has been used as a second home and has been exceptionally well cared for, offering buyers a move-in-ready coastal retreat with the added potential to become an amazing short-term rental investment. The spacious three-bedroom layout provides plenty of room for family, guests, or vacationers. Enjoy morning coffee with the sound of the waves, spend your afternoons soaking up the Florida sunshine, end the day with sunset walks along the beach or a glass of wine and hot tub time just steps from your door. Centrally located along Front Beach Road, you are convenient to some of Panama City Beach's favorite restaurants, shopping, entertainment, and attractions while still enjoying the privacy and character of a true beachfront home. Whether you are looking for a second home, full-time beach residence, or a property with strong vacation-rental appeal, this one checks some very hard-to-find boxes. Direct Gulf frontage, private beach access, three bedrooms, NO HOA, and the opportunity to create an incredible PCB short-term rental.

10999 Front Beach Road Unit 6, Panama City
6627 Thomas Drive Unit 1401, Panama City
$1,250,000
3 Beds ⋅ 3 Baths ⋅ 795046 MLS
3BR/3BA Gulf-front condo at Sterling Beach in Panama City Beach. 34 feet of floor-to-ceiling glass, 12-foot ceilings and covered parking #15. From the moment you arrive at Sterling Beach, the winding paver drive, Royal Palms and Gulf-front setting create a memorable introduction. Unit 1401 is a 2,274-square-foot Gulf-front condominium where approximately 34 feet of floor-to-ceiling glass showcases expansive Gulf and coastline views. Large rooms, abundant natural light and oversized crown molding complement the spacious interior. The completely upgraded kitchen gives this residence a distinctive look of its own, with new cabinetry, backsplash, tile flooring, laundry room cabinetry and black stainless steel appliances. The centerpiece is the Vetrazzo countertop surface, where colorful recycled-glass pieces create an artisanal, mosaic-like appearance reminiscent of sea glass and the emerald-toned Gulf beyond the windows. An oversized open enamel sink completes the updated kitchen. Updates continue throughout the baths with new granite countertops and tile flooring. The primary suite offers a large walk-in closet, private balcony and bath with double vanities, walk-in shower, jetted tub and private water closet. The second primary bedroom serves as the lockout suite and features its own private balcony and a completely remodeled bath with a custom tiled walk-in shower with bench, vessel sinks and a beautiful handcrafted barn door. Tile flooring also enhances both the main entry and separate lockout entry. One of Unit 1401's most versatile features is this second primary suite and lockout configuration. With the addition of an interior door in the foyer area, the residence can function as a full 3-bedroom condominium or allow the second primary suite to be separated, providing flexibility for personal use or rentals. Short-term rentals are allowed. The residence was also wired for surround sound during construction, and water heaters were replaced in 2021 and 2023. Unit 1401 includes covered garage parking space #15. Sterling Beach offers approximately 400 feet of Gulf frontage along with a heated free-form pool and expansive deck areas, spa/hot tub, Gulf-front fitness center, high-speed elevators, bike and kayak racks, owners lounge and meeting room, 44-seat theater, BBQ and picnic area, covered pergola and beach access. Onsite HOA and rental offices provide additional convenience. Located on Thomas Drive in Panama City Beach, Sterling Beach provides convenient access to restaurants, grocery shopping, marinas, fishing, diving and sightseeing operations, with St. Andrews State Park toward the east end of Thomas Drive. Built in 2003, Unit 1401 combines panoramic Gulf views, extensive interior upgrades, a second primary lockout suite, covered parking and resort-style amenities. Monthly HOA dues are currently listed at $1,191.98. Schedule a showing to experience the space, finishes and Gulf-front setting of Sterling Beach Unit 1401.

6627 Thomas Drive Unit 1401, Panama City
109 Dragon Circle, Panama City
$1,149,000
5 Beds ⋅ 5 Baths ⋅ 795021 MLS
Experience elevated golf course living at 109 Dragon Circle, ideally positioned along the 8th green and 9th tee box of the prestigious Nicklaus Golf Course in Dragon's Ridge, the newer gated section of Bay Point in Panama City Beach. This beautifully updated residence blends refined finishes, generous living spaces, and resort-style outdoor living in one exceptional setting. Inside, an impressive, oversized kitchen island anchors the open entertaining space, complemented by updated bathrooms, flooring, and fresh interior and exterior paint. Spacious rooms and thoughtfully designed gathering areas create an effortless flow for both everyday living and entertaining. Outdoors, a private pool and hot tub overlooking the golf course create a true backyard retreat. The recently resurfaced pool, expansive outdoor space, three-car garage, oversized driveway, and park directly across the street further enhance the home's appeal. Bay Point offers a lifestyle unlike any other, with the Nicklaus Golf Course, Point South Marina, Gulf access, community boat launch, dining, playgrounds, and more just moments away. Whether enjoying an afternoon on the course, boating the Gulf, or relaxing poolside, 109 Dragon Circle delivers luxury coastal living in one of Panama City Beach's most desirable gated communities.

109 Dragon Circle, Panama City
540 Harrison Avenue, Panama City
$1,000,000
794934 MLS
Great Downtown Panama City, 5,005 SQ FT Commercial Building. The building is completely gutted and ready for renovation! This 5,005 sq ft building in the heart of downtown offers a blank canvas with endless potential. Prime location, with great visibility and foot traffic. Along with Public parking close by. Zoned for commercial use. Re-Roof completed in 2024. Being Sold AS-IS--bring your vision to life!

540 Harrison Avenue, Panama City
1623 N James Avenue, Panama City
$1,797,000
2 Beds ⋅ 2 Baths ⋅ 794913 MLS
Investment Opportunity! Turnkey 12-unit townhome community in a prime, centrally located Panama City location with convenient access to major highways. Each unit features 2 bedrooms, 1.5 bathrooms, LVP flooring, updated countertops, stainless steel appliances, and washer/dryer hookups. The property is divided across three separate parcels, with each unit individually metered for added convenience and straightforward expense management. Each unit also has assigned parking. A great opportunity for investors looking for a well-maintained, income-producing property in a convenient location.

1623 N James Avenue, Panama City
7308 S Lagoon Drive, Panama City
$1,645,000
3 Beds ⋅ 3 Baths ⋅ 794794 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' BRING YOUR BOAT! **TWO Properties, Lagoon-Front Lot and House being sold together or separately** (Lot mls#793039) * Gulf of America Access in Minutes! * NO HOA Fees! **(recent lot SOLD at 7204 S. Lagoon $699k in April 27, 2026) Rare opportunity to own two lagoon-front properties** 3-Br 2.5-Ba house with a 14'x36' covered boat dock with water, electricity and jet ski lift. Totally updated with all new hurricane windows and doors, tri[ple opening sliding door, new bathrooms and kitchen, new A/C units, sprinkler system w/well pump. just **4 blocks to the sugar-white sands of the beach**. Build your dream home or getaway retreat on protected lagoon waters with Gulf of America access just minutes away. This lot offers a peaceful, private setting on the water with a new boat dock already in place, fresh split-rail fence lining the frontage. Deep, calm lagoon water is perfect for kayaking, fishing, or launching a boat right from your own backyard. A public boat ramp just down the street makes it easy to get out on the water, and you're close to some of the best restaurants on the east end. Live in the house while you build a new one. Can do Vacation Rentals.

7308 S Lagoon Drive, Panama City
519-531 E 6th Street, Panama City
$1,600,000
794537 MLS
Presenting a unique investment opportunity, this vacant land zoned NG is strategically located in the bustling Panama City area. The expansive space offers endless potential for development, making it an ideal choice for astute investors seeking to capitalize on the area's growth and development. With its prime location and zoning, the property stands as a compelling option for those looking to establish a distinctive presence in the heart of Panama City. Don't miss the chance to unlock the potential of this vacant land with a promising future. With 430.05 feet of street frontage on Hwy 98

519-531 E 6th Street, Panama City
9322 Highway 77, Panama City
$1,350,000
794352 MLS

9322 Highway 77, Panama City
436 Harrison Avenue Unit 400, Panama City
$1,100,000
794261 MLS
The rooftop of the Mashburn Building is available to purchase. Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space will become -'Dat Cajun Pearl - Cafe' & Bar', an upscale New Orleans inspired restaurant brought by the owners of Dat Cajun Place.

436 Harrison Avenue Unit 400, Panama City
5516 Gulf Drive, Panama City
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 794031 MLS
First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

5516 Gulf Drive, Panama City
5500 Gulf Drive, Panama City
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 794028 MLS
First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

5500 Gulf Drive, Panama City
7115 Thomas Drive Unit 1803, Panama City
$1,349,900
3 Beds ⋅ 3 Baths ⋅ 793877 MLS
One of Panama City Beach's best-kept secrets! This spectacular 3BR/3BA condo at Hidden Dunes offers over 2,300 SqFt of living space, one of the most spacious and well-designed floor plans on the beach, and an incredible oversized Gulf-front balcony with high quality outdoor furniture positioned for beautiful sunset views. From the moment you enter the grand foyer with motion-controlled lighting, this condo feels more like a home than a typical beach condo. The expansive interior features 10' ceilings, bull-nose corners, architectural trim work, tile flooring throughout, and plenty of room for family and friends to spread out and relax. The huge Gulf-front Primary Suite features an en suite bath, walk-in closet with custom wood shelving, remote-controlled Hunter Douglas blinds, and direct access to those incredible Gulf views. The Gulf-view gourmet kitchen offers abundant counter space, cherry wood cabinetry, eat-in bar seating, and an open layout overlooking the spacious living and dining areas--perfect for entertaining or cooking and re-hydrating after a day at the beach. Additional upgrades and features include updated shower doors, faucets and trim, remote-controlled ceiling fans in the great room, motorized roll-down storm shutters, an electronic HVAC air filter and UV light system, and remote-controlled Hunter Douglas blinds in the living room and Primary Suite. The oversized laundry room is a standout of its own, complete with a utility sink and additional matching cabinetry for exceptional storage. Even from the 18th floor, the balcony maintains views of the beach below while delivering sweeping Gulf and sunset views. An assigned covered parking space, exterior owner storage, and much more complete the offering. With its exceptional size, thoughtful layout, abundant storage, and true residential feel, this Hidden Dunes condo is equally suited for full-time living, a family beach retreat, second home, or rental investment. All information is believed to be accurate but should be verified by the buyer.

7115 Thomas Drive Unit 1803, Panama City
8829 N Lagoon Drive, Panama City
$1,060,000
4 Beds ⋅ 3 Baths ⋅ 793814 MLS
Poseidon's Palace | Fully Furnished Turnkey Waterfront Living with Direct Access to St. Andrews Bay & the Gulf of Mexico Experience the very best of waterfront living at Poseidon's Palace, a fully furnished, turnkey North Lagoon retreat where luxury, recreation, and income-producing opportunity come together. Whether you're searching for a stunning primary residence, an unforgettable second home, or a proven income-producing vacation rental, this exceptional property offers a rare combination of modern upgrades, resort-style amenities, and an unbeatable coastal lifestyle. Perfectly positioned on North Lagoon, you'll enjoy direct boating access to St. Andrews Bay and the Gulf of Mexico from your private dock, making it easy to spend the day fishing, paddleboarding, kayaking, cruising to Shell Island, or arriving by boat at some of Panama City Beach's favorite waterfront restaurants. After a day on the water, unwind in the heated pool, soak in the year-round hot tub, or relax beneath the oversized covered patio overlooking your private waterfront oasis. Thoughtfully renovated with quality and craftsmanship throughout, the home underwent an extensive transformation in 2022 featuring a beautifully redesigned kitchen, fully renovated bathrooms, new luxury vinyl plank flooring throughout, fresh interior and exterior paint, new doors and hardware, recessed lighting, and a completely rebuilt dock. In 2023, the home was further enhanced with two new HVAC systems, a resort-style pool with an app-controlled gas heater, expansive paver pool deck, oversized covered patio, and a large composite waterfront deck designed for entertaining and maximizing the incredible outdoor living experience. Additional upgrades include a tankless water heater and commercial-size refrigerator and freezer, providing exceptional functionality for everyday living or hosting large gatherings. Designed to comfortably accommodate large families and groups, the spacious floor plan offers generous indoor and outdoor gathering spaces that seamlessly blend comfort, style, and functionality. Whether you're hosting unforgettable summer barbecues, watching breathtaking sunsets from the dock, enjoying evenings beneath the string lights, or simply relaxing by the water, every detail of this home was designed to embrace the very best of waterfront living. Ideally located just minutes from the white-sand beaches of Panama City Beach, marinas, shopping, dining, entertainment, and St. Andrews State Park, you'll enjoy the perfect balance of peaceful waterfront living with convenient access to everything the Emerald Coast has to offer. An equally compelling opportunity for investors, this home has an established track record of outstanding short-term rental performance, generating approximately $152,000 in gross rental revenue in 2024 and $170,000 in 2025. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. Complete rental history and financial information are available upon request. Every major improvement has already been completed, allowing the next owner to simply arrive, embrace the waterfront lifestyle, and begin creating unforgettable memories--or continue the home's proven success as one of Panama City Beach's premier waterfront vacation rentals. An equally compelling opportunity for investors, Poseidon's Palace has an established history as a high-performing vacation rental, generating over $322,000 in gross revenue over the past two full calendar years. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. A detailed Property Performance & Investment Package is available upon request for qualified buyers.

8829 N Lagoon Drive, Panama City
510 Bunkers Cove Road, Panama City
$1,250,000
3 Beds ⋅ 3 Baths ⋅ 793754 MLS
CURRENTLY UNDER CONTRACT- SELLER WILL CONSIDER BACKUP OFFERS Experience waterfront living at its finest in one of Panama City's most sought-after neighborhoods. Nestled in tranquil Bunkers Cove, this beautifully maintained 3-bedroom, 3-bath home offers breathtaking bay views, direct waterfront access, and endless opportunities to enjoy the coastal lifestyle. Thoughtfully remodeled in 2020, the home blends modern updates with timeless waterfront charm. A 2019 roof provides added peace of mind, and the HVAC system was professionally serviced on July 21, 2026, making this home move-in ready. Spacious living areas are designed to maximize the stunning water views, creating the perfect setting for relaxing evenings or entertaining family and friends. Conveniently located just minutes from downtown Panama City, hospitals, shopping, dining, and a short drive to the World's Most Beautiful Beaches, this property offers the perfect balance of peaceful bayfront living and everyday convenience.

510 Bunkers Cove Road, Panama City
4421 Thomas Drive Unit 101, Panama City
$1,485,000
3 Beds ⋅ 3 Baths ⋅ 793470 MLS
Welcome to St. Andrew's Park Place. the best of coastal waterfront living in Panama City Beach. This unit is located on the first floor and has fabulous views of the Gulf, as well as St. Andrew's State Park. This property is located on the East end of PCB where you experience the quiet beauty of the State Park . With the residence being located on the ground floor, you have easy access from the lobby, as well as easy access from your back porches to the beach access which is gated.The open floor plan of this newly updated unit is fabulous. With only 20 units in this particular building it is very much sought after ,and offers a unique opportunity to become an owner here at this treasure.

4421 Thomas Drive Unit 101, Panama City
4448 Ashland Road, Panama City
$1,800,000
5 Beds ⋅ 5 Baths ⋅ 793458 MLS
Rare Opportunity to Complete Your Dream Waterfront Estate An extraordinary opportunity awaits with this nearly completed 8803 UNDER ROOF-square-foot luxury waterfront estate, perfectly positioned to capture breathtaking water views and offering the ultimate boating lifestyle with a private dock and boat slip. Originally envisioned as a custom dream home, this remarkable property is now available due to an unexpected life change that has prevented the current owners from completing the project. Their loss creates an incredible opportunity for the next owner to finish this masterpiece exactly to their personal taste and style. The hard work has already been done, and MOST finish materials have been purchased and are included, allowing you to customize the final touches without the delays and uncertainty of sourcing high-end materials. Add your own vision by selecting the installation and finishing details that reflect your unique style while avoiding the lengthy process of starting from scratch. Designed with luxury living in mind, this impressive estate offers expansive living spaces, exceptional craftsmanship, and endless potential to become one of the area's premier waterfront residences. Whether you're seeking a private family retreat, an entertainer's paradise, or a legacy property to enjoy for generations, this home provides a rare foundation for something truly spectacular. Luxury waterfront opportunities of this caliber are exceptionally rare--especially one that allows you to personalize the final finishes while stepping into an already well-advanced custom build. Offered at $1,800,000. Schedule your private tour today and imagine the possibilities of bringing this extraordinary waterfront estate to completion.

4448 Ashland Road, Panama City
6806 Thomas Drive, Panama City
$2,000,000
8 Beds ⋅ 10 Baths ⋅ 793380 MLS
Brand-new construction duplex, perfectly positioned just a 3-minute stroll from the beach with no HOA! Designed for elevated living and exceptional rental performance, each townhome offers approximately 2,500 square feet of thoughtfully curated living space, featuring 4 spacious bedrooms, a bonus living area, and 4.5 designer bathrooms. Every detail has been carefully selected, from the premium luxury vinyl plank flooring and quartz countertops to the Frigidaire Gallery appliance package, designer lighting and plumbing fixtures, and commercial-grade Hayward pool equipment with private heated pools. The first floor welcomes you with a private guest suite featuring an en-suite bath, while the expansive open-concept kitchen, dining, and living areas flow seamlessly to a covered outdoor living space complete with a fireplace and private heated pool--creating the perfect setting for entertaining or relaxing after a day at the beach. The second level offers two generously sized bedroom suites, each with its own en-suite bath and walk-in closet, providing comfort and privacy for family and guests alike. The third floor serves as a private retreat, featuring a spacious bonus living room, convenient kitchenette, and access to an oversized covered balcony where you can enjoy Gulf views and coastal breezes. An additional bedroom suite with a walk-in closet and en-suite bath completes this level, while multiple flex closets throughout the home provide abundant storage or dedicated owner lockout space. Whether you're seeking a premier luxury vacation rental, a second home, or a full-time coastal residence, this exceptional property delivers the perfect combination of sophisticated design, modern amenities, and an unbeatable beachside location.

6806 Thomas Drive, Panama City
00 Country Club Drive, Panama City
$1,200,000
792851 MLS
Exceptional development opportunity in Sandy Creek Country Club. These five parcels comprise approximately 70 acres and offer substantial potential for a residential development or investment project. With ample acreage and an established subdivision setting, the property presents an opportunity to create additional homesites within an existing community. The parcels are being offered together and include Bay County parcel numbers 07400-892-000, 07400-898-000, 07400-895-000, 07399-000-000, and 07400-899-000. Buyer should independently verify acreage, zoning, land-use designations, utility availability, development requirements, environmental conditions, and intended use with the appropriate governing authorities.

00 Country Club Drive, Panama City
13310 Front Beach Road, Panama City
$1,749,000
6 Beds ⋅ 6 Baths ⋅ 792563 MLS
One of just two attached townhomes on Front Beach Road in Panama City Beach, this newly built three-story residence is offered fully furnished and turnkey, living entirely on its own -- a private entrance, a private fenced pool, and dedicated paver parking. It stands directly across Front Beach Road from the sugar-white sand and emerald Gulf, with two public beach accesses only a short walk away. Gulf views open from the main living level and the top-floor primary suite, and a private elevator serves all three floors. The living level is anchored by a designer kitchen -- white shaker cabinetry, a quartz waterfall peninsula, premium stainless appliances, and a statement tile backsplash -- flowing into a generous dining area and a Gulf-view balcony made for sunset. One floor down, a dedicated game room with a pool table, air hockey, foosball, and a wet bar opens to the backyard, where a private pool and paver sun deck sit alongside an outdoor kitchen and grill. Upstairs, the third-floor primary is a private retreat: a king suite with its own Gulf-view balcony, a spa-inspired bath in marble-look tile, a dual vanity, and a walk-in closet. Bedrooms on every level -- several with two beds, plus a children's bunk room -- welcome large groups with ease. Just minutes from M.B. Miller Pier, Pier Park, and Topgolf -- a standout primary home, second residence, or Gulf-view investment in Panama City Beach. Set over three floors with nine-foot ceilings and wide-plank wood-look flooring, the layout keeps a full level of living between the entry and the bedrooms above. On the ground floor, the recreation room opens to the fenced backyard and is served by a full bath, while a guest bedroom with ensuite bath, a spacious home office, and a second laundry room finish the level. The middle floor gathers the open kitchen, dining, and living, with two more bedrooms and a powder bath positioned for guests. The uppermost floor belongs to the primary suite, alongside two additional bedrooms, a full laundry room, and a wet bar just outside the suite. By the pool, lounge seating and alfresco dining complete the fenced deck, and dedicated parking holds four vehicles.

13310 Front Beach Road, Panama City
2822 Martin Luther King Jr Blvd Avenue, Panama City
$1,350,000
792429 MLS
Prime 2.9-acre development site boasting 220 feet of frontage on Highway 77, a major four-lane highway carrying approximately 30,000 vehicles per day (per FDOT traffic count data). This shovel-ready parcel offers rare dual access: a median-cut entry directly off Highway 77 for maximum visibility and customer convenience, plus secondary rear access from N MacArthur Ave for deliveries, overflow parking, or a secondary curb cut. Situated less than a mile from Panama City's primary retail corridor -- Target, Kohl's, Planet Fitness, Home Depot, Lowe's, Walmart, Publix, TJ Maxx, and Hobby Lobby -- this location benefits from established co-tenancy and heavy daily traffic. Ready to build, the site is ideal for retail, medical, restaurant, or mixed-use development. Don't miss this opportunity to secure a high-visibility Highway 77 location with strong frontage and excellent surrounding demographics. Power, Water, and Sewer Available.

2822 Martin Luther King Jr Blvd Avenue, Panama City
401 & 405 Massalina Drive, Panama City
$1,658,000
10 Beds ⋅ 8 Baths ⋅ 792227 MLS
ATTENTION!! 3 SEPARATE STRUCTURES, 2 SEPARATE PARCELS, 1 AWESOME PRICE!! Zoned for short term and long term rental. Waterfront on Massalina Bayou! Main House: Amazing 3-bedroom 2-bath with den/office *new construction*. Gorgeous views from covered porches on both floors. First floor has open kitchen with Forno Italian stainless appliances, large Island, gas stove, double door refrigerator w/ice maker and wine cooler. Living/dining walk out large sliding doors to covered porch, outdoor Thor stainless summer kitchen and pool/bayou views. Master bedroom and master bath with large custom shower, double vanity sink and walk in closet. Second floor open family room, den/office, large sliding doors to walk to walk out to covered porch overlooking pool/bayou. Two additional bedrooms and one bath. So much to offer with beautifully designed tile flooring throughout, tankless water heater and extra storage. 401 Massalina Drive is under a lease for 5 months with potential for 2 month extension. $3600 per month and includes utilities and pool service. 405 Massalina Drive: Carriage House plus Quadplex/Fourplex: $7100 per month or $85,200 per year in rental income from the carriage house and quadplex/fourplex. Perfect for a DSCR loan where your rental income pays for your mortgage, plus you get a dock and a place to park your boat on deep water. This is the most versatile quadplex/fourplex plus carriage house (comes fully furnished) in Panama City. Here is the rental income breakdown: Carriage house = $1750 per month; Apartment 1 (Civil Contractor) = $1450 per month; Apartment 2 (Realtor) = $1450 per month; Apartment 3 (Property Maintenance Man) = $1,000 per month (reduced because he takes care of the lawn and pool - you could charge $1450); Apartment 4 (Josh) = $1450 per month; Total income = $7100 per month or $85,200 per year. New custom landscaping and pool to relax and enjoy. Beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities.

401 & 405 Massalina Drive, Panama City
1401 Gulf Avenue, Panama City
$1,875,000
2 Beds ⋅ 1 Baths ⋅ 792164 MLS
Entered for Comp purposes....16 Unit Apartment complex comprised of 2 Br 1 Ba units.

1401 Gulf Avenue, Panama City
2111 Olivia Lane, Panama City
$1,700,000
3 Beds ⋅ 2 Baths ⋅ 792038 MLS
Waterfront living at its finest! Welcome to 2111 Olivia Lane, a beautiful contemporary-style home located in the gated Bayou Trace community of Panama City. Situated along Robinson Bayou with Gulf access, this impressive 3-bedroom, 2-bath home offers over 5,800 square feet and the perfect blend of comfort, privacy, and coastal convenience. Bayou Trace is nestled along a protected deepwater bayou surrounded by natural beauty, providing a peaceful setting while keeping you just minutes from the Intracoastal Waterway. As a homeowner, you will enjoy access to the community's private marina, including your own boat slip with lift and 8-foot deck--making it easy to spend your days boating, fishing, or exploring the Gulf Coast. With its spacious design, waterfront location, and access to incredible community amenities, this Bayou Trace gem is a rare opportunity to enjoy the best of Panama City waterfront living.

2111 Olivia Lane, Panama City
6621 Gulf Drive, Panama City
$1,925,000
3 Beds ⋅ 2 Baths ⋅ 792023 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Beachfront Gem on Gulf Drive -- Tastefully Remodeled with 50 Feet of Pristine Gulf Frontage Wake up to endless turquoise water and sugar-white sand from this beautifully remodeled 3-bedroom, 2-bath beachfront retreat on one of Panama City Beach's most coveted stretches of shoreline. With 50 feet of private beach frontage, this home offers unobstructed Gulf views from nearly every room and a front-row seat to legendary PCB sunsets. The recent remodel strikes a rare balance: premium materials and modern finishes throughout, without losing the relaxed, salt-air charm that makes a classic Panama City Beach cottage feel like home. Inside, you'll find an open, light-filled layout with updated kitchen and baths, high-end fixtures, and thoughtful design touches that elevate the space while preserving its laid-back coastal character. Large windows and beach-facing living areas blur the line between indoors and out, making the most of that priceless water view. Step outside and you're just steps from the surf, with plenty of room to relax, entertain, or simply soak in the Gulf breeze. And the location can't be beat -- you're just minutes from Pier Park's shopping, dining, and entertainment, the rides and arcade games at Coconut Creek Family Fun Park, world-class fishing charters out of Capt. Anderson's Marina, and the lively restaurant and nightlife scene along Front Beach Road. Whether you're looking for a full-time residence, a vacation getaway, or a high-performing rental property, this home delivers the best of Panama City Beach living. Three bedrooms, two baths, 50 feet of private beach, and a remodel done right -- this is beachfront living the way it's meant to be.

6621 Gulf Drive, Panama City
1522 Trout Lane, Panama City
$1,649,000
3 Beds ⋅ 3 Baths ⋅ 792012 MLS
Welcome to the coastal life! Come experience some of the best waterfront views in all of Bay Point! Situated on a premier waterfront homesite with approximately 149 feet on one of the widest sections of the canal, this beautiful property offers panoramic water views. This is the perfect setting for the ultimate coastal lifestyle, where you can keep your boat at your backdoor and be ready to go fishing and boating at a moment's notice. Enjoy the large waterfront deck and sparkling pool, where you'll spend countless hours relaxing, entertaining, and taking in the incredible canal views. This spacious home features over 3,300 square feet, 3 bedrooms, and 3 full baths all on one level for easy living. The expansive primary suite is a private waterfront retreat with a sitting area, oversized walk-in closet, and en-suite bath. Each of the two additional bedrooms offers its own private bath, providing comfort and privacy for family and guests. The open-concept floor plan is ideal for entertaining, featuring views from literally almost everywhere, tons of natural light, generous living spaces and entertainment spaces as well as a built-in bar, making this home perfect for hosting and enjoying family and friends. Located within the prestigious gated community of Bay Point, residents enjoy world-class amenities including the Jack Nicklaus Championship Golf Course, a full-service marina, on-site restaurant and bar, and 24-hour gated security. You are ideally located and convenient to St Andrew's State Park, white sandy beaches, grocery, shops and restaurants and more. This is a rare opportunity to own a home on a premier waterfront homesite in Bay Point. Call today and make this your next home!

1522 Trout Lane, Panama City
210 Marlin Circle, Panama City
$1,444,000
4 Beds ⋅ 4 Baths ⋅ 791832 MLS
Experience coastal living at 210 Marlin Circle in Bay Point--an elegantly updated waterfront sanctuary on a quiet canal east of the Bonefish Bridge. True move-in readiness meets peace of mind in this pre-inspected, one-level residence located in Zone X, featuring a clean claim history, insurable status, and a recent vinyl seawall evaluation with no issues. The Resort-Style arrival features a circular paver driveway, automated landscape lighting, and a water feature surrounded by soothing beach pebbles. Inside, the Great Room rises to soaring ceilings anchored by a functional gas-to-wood burning fireplace, flowing seamlessly into a wet bar with custom waterfall granite, a beverage fridge, and an ice maker. The efficient kitchen boasts updated cabinetry, soapstone countertops, upgraded KitchenAid appliances, a 6-burner natural-gas cooktop with pot filler, and convection microwave wall oven. Designed for ultimate versatility, the interior layout showcases four en-suite bedrooms. The primary suite features a Turkish-inspired steam shower with Delta/Ferguson dual heads, Bluetooth speakers, and mood lighting, alongside a soaking tub, dual vanities, and a private courtyard with Trex decking, a hot tub, and a dual-temperature outdoor shower. Guests or caretakers enjoy a private-entry suite with its own courtyard, frameless shower, floating vanity, and dedicated laundry zone. A third mobility-friendly front suite includes a curbless roll-in tile shower with dual fixtures, while the fourth suite offers a floating granite vanity paired with a full tiled tub and shower combo. The fenced back yard with lush Zoysia turf serves as your launchpad for deep-water adventure. Positioned on approximately 70 ft of waterfront, the private dock was upgraded in 2019, with a new seawall cap, pilings, and ladder. In addition to, 30-amp shore power, watercraft washing stations, and zero height restrictions--offering uninhibited passage to Shell Island and the Gulf for tall-masted sailboats, flybridge yachts, or tuna towers. There's even a spot for a boat lift! Multiple entertaining and relaxation areas aligned toward western-facing sunsets let you connect and unwind in total serenity with space for a swimming pool! Behind the scenes, mechanical and building infrastructure is entirely turn-key. Upgraded dual HVAC systems with replaced ductwork (2020) feature semi-annual service history and REME HALO® air purification. The 2020 natural gas installation feeds two annually serviced Navien tankless water heaters, cooktop, fireplace, primary laundry, and an outdoor stub for a future fire pit or grill. Additional features include a 2019 roof, gutters, a complete chimney overhaul (cap, chase cover, flue pipe, and collar), storm drain system, dual laundry zones including a boater's closet, smart Honeywell thermostats, Orbit B-hive irrigation, and integrated surround sound with global surveillance access. Every system is checked, completed, and move-in ready. Schedule your private showing today.

210 Marlin Circle, Panama City
3340 W Highway 390, Panama City
$1,799,000
791779 MLS
Zoned C2, this property is located near the rapidly expanding ''Sweet Bay'' development featuring a Publix shopping center and Starbucks. This versatile property is a blank canvas for your vision, whether you're considering development or simply investing in land. The land is ready for you to explore its possibilities, making it an exciting opportunity for those looking to expand or start new projects. Its strategic location with great visibility, and dual street access, enhancing its appeal. Embrace the chance to shape this land to meet your specific needs and aspirations. Whether you're thinking of creating a business venture, or exploring other prospects, this property holds the promise of potential.

3340 W Highway 390, Panama City
3121 Castleview Lane, Panama City
$1,370,000
5 Beds ⋅ 3 Baths ⋅ 791740 MLS
One of only eight waterfront homesites! King's Landing, an exclusive new community of 39 single-family homes nestled in the desirable King's Point area of Lynn Haven's Pretty Bayou. The stunning Abney A plan offers 3073 square feet of thoughtfully designed two-story living with 5 bedrooms, 3 baths, a study, spacious loft and a 2 car garage. The Abney layout seamlessly connects the modern kitchen, dining area and family room, perfect for entertaining and everyday living. The kitchen features contemporary finishes and an island that serves as the heart of the home. The spacious owner's suite provides a private retreat with a walk-in closet and ensuite bath complete with a double vanity, shower and separate water closet. Four additional bedrooms and 2 full baths provide comfortable accommodations for family and guests. Residents will enjoy access to the community pool and cabana, perfect for relaxing and socializing with neighbors. King's Landing combines comfortable coastal living with convenient access to the water, local shopping, dining and recreation. Experience the quality craftsmanship and attention to detail that Traton Homes has delivered for 55 years.

3121 Castleview Lane, Panama City
810 E 25th Street, Panama City
$1,500,000
791716 MLS
Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes

810 E 25th Street, Panama City
7009 N Lagoon Drive Unit 119, Panama City
$1,000,000
4 Beds ⋅ 4 Baths ⋅ 791280 MLS
REDUCED $25,000. MOTIVATED SELLER! WATERFRONT HOME IN LAGOON ESTATES. 4 Bedroom, 3.5 baths, plus an office. Fresh paint. Boat slip with a lift. Walk to your boat and take a ride to the gulf. Community pool with low HOA, only $800.00 a quarter. Metal roof. Sit on your patio and enjoy the view of the Lagoon or on your deck. BOAT SLIP WITH A LIFT!

7009 N Lagoon Drive Unit 119, Panama City
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