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$750,000
795194 MLS
Turnkey Childcare Business & Commercial Property for Sale. Exceptional opportunity to acquire both an established childcare business and the accompanying real estate. This unique offering includes two parcels (Parcel IDs: 14871-000-000 and 14871-000-000) located at 2724 E. 17th Street and 2732 E. 17th Street, creating a well-designed campus with outstanding potential for continued growth. The property features three separate buildings, three dedicated playground areas--including one with a covered pavilion--and is currently licensed for 71 children. The daycare is operating with four active classrooms and offers the opportunity to expand by adding up to three additional classrooms, providing significant potential to increase enrollment and revenue. Designed specifically for childcare operations, the campus includes eight bathrooms, a kitchen for meal preparation and service, administrative space, and flexible classroom layouts to accommodate multiple age groups. The spacious outdoor play areas provide a safe and engaging environment for children while supporting a variety of educational and recreational activities. Whether you're an experienced childcare operator looking to expand or an investor seeking a well-established, income-producing business, this is a rare turnkey opportunity with built-in growth potential. The business and real estate are being sold together. Please do not contact or disturb the business, employees, or children. All showings are by appointment only with the listing agent.

2732 E 17th Street, Panama City

$2,900,000
795139 MLS
The St. Andrew School (also known as the St. Andrew Grammar School) is a historic site in Panama City, Florida. It is located at 3001 West 15th Street. On August 14, 1997, it was added to the U.S. National Register of Historic Places. It was constructed in 1926 and served as a Bay County school until Hurricane Michael damaged the buildings in October of 2018. In 2021, the city proposed turning the facility into a community center to include arts, culture, and events venue. A new Decra Roofing System (ceramic coated steel shingles) was installed in 2025. The total square footage is +/-23,387 square feet of heated and cooled space. The original school building (built in 1926) is +/-17,074 and the cafeteria and library building (built in 1957 is +/-4,760 square feet. There are several storage buildings and a large pole barn. The property is an entire block bordered by W. 15th Street on the north side, Beck Avenue on the east side, W. 14th Street on the south side, and Bayview Avenue on the west side. Located in the City limits of Panama City and currently zoned Public Institutional. The County, Panama City, and the residents prefer to save the original building and renovate for a new use. We are looking for creative investors and developers who have a vision to repurpose the property. Potential uses include, but are not limited to: cultural center, entertainment, special events, church, medical office, assisted living, professional office suites, schools (subject to approval)- performing arts, trade school, The St. Andrews community is thriving with many new shops and restaurants opening over the past several years. The St. Andrews School property is one of the last pieces of the puzzle that needs a new purpose.

3001 W 15th Street, Panama City

$289,000
3 Beds 2 Baths 794903 MLS
No matter what stage of life you're in, 2805 Airport Road offers the space, updates, and flexibility to fit all of your needs. This beautifully updated, one-story 3-bedroom, 2-bathroom ranch-style home features an open-concept floor plan and is nestled on an oversized corner lot fully enclosed by a six-foot privacy fence. The outdoor space is just as impressive, with mature fruit trees, fully functioning solar panels, a 10' x 12' storage shed, and two separate patio areas--perfect for relaxing, entertaining, or enjoying the privacy of your own backyard. Inside, an additional Craft Room/Man Cave/Media Room and plus a separate Living Area provide endless possibilities. A dedicated Office provides the perfect space, situated between the Laundry Room and Bonus Space, for working from home. The conveniently located Laundry Room sits just off the Kitchen and provides easy access to the backyard. The updated Kitchen features new appliances, new cabinet fronts, and granite countertops, creating a fresh and functional space for everyday living and entertaining. Throughout, you'll find durable Luxury Vinyl Plank and carpet, freshly painted walls, and updated fixtures. Both the Primary Bathroom and Guest Bathroom have been thoughtfully updated. The HVAC and Water Heater were updated in 2020, providing added peace of mind. With its combination of thoughtful updates, versatile living spaces, generous outdoor area, and move-in-ready condition, this property is an excellent opportunity for a primary residence, second home, or rental investment. Come see all that 2805 Airport Road has to offer!

2805 Airport Road, Panama City

$269,000
4 Beds 2 Baths 794757 MLS
Welcome home! This beautifully maintained 4-bedroom, 2-bathroom home offers the perfect combination of comfort, functionality, and convenience. Situated on a large lot along a quiet dead-end street, this property immediately stands out with its beautiful landscaping and inviting curb appeal. Inside, you'll find an open-concept layout with LVP flooring throughout. The split-bedroom floor plan is ideal for added privacy. The kitchen has been updated and features stainless steel appliances, butcher block countertops, and a dedicated coffee bar, making it a perfect spot to start your morning! The home also offers a sunroom, separate laundry room, and plenty of functional living space. Step outside to enjoy the fully fenced backyard, providing room to relax, entertain, garden, or let the kids and pets play. The detached garage adds even more versatility and is ideal for a workshop, lawn equipment, golf cart, storage, or hobby space. Incredible home on an incredible lot that sits between two streets, Lois and Katherine. Location is another major plus! You're conveniently located near Tyndall Air Force Base, restaurants, coffee shops, and multiple grocery options, with Winn-Dixie, Walmart, and Aldi all within approximately a mile. Enjoy easy access to both Mexico Beach and Panama City Beach, while the bay is less than 5 miles away. Nearby boat ramps and a marina are just minutes away, providing convenient access to St. Andrews Bay from East Bay. If you've been looking for a home with space, a fenced backyard, and an unbeatable location, this one deserves a closer look!

5623 Katherine Street, Panama City

$540,000
4 Beds 2 Baths 794702 MLS
Rare waterfront freedom meets elevated design on the tranquil waters of Deer Point Lake. Positioned on 4917 High Point Dr, this exceptional estate spans a RARE DOUBLE LOT boasting 160 feet of direct shoreline. The four-bedroom residence has been completely remodeled with a refined rustic modern aesthetic--seamlessly blending rich organic textures, architectural warmth, and clean contemporary finishes. Light-filled living areas maximize water views, creating a effortless transition between upscale indoor living and the peaceful lakefront setting outdoors. 4 Spacious Bedrooms: Remodeled layout offering ample room for family, guests, or a dedicated home office. Rustic Modern Aesthetic: Updated with warm wood tones, clean lines, designer fixtures, and natural finishes. Deer Point Lake Waterfront: 160 feet of shoreline on Panama City's premiere freshwater reservoir--ideal for boating, fishing, and kayaking. Double-Lot Potential: Unique capability to keep a massive private compound or build and sell a second residence. Massive Pole Barn: High-clearance storage for oversized boats, lake toys, RVs, or workshop space. The expansive grounds offer unmatched versatility and long-term value. Beyond the main four-bedroom home, the property features a massive pole barn built for boat storage, RV parking, a workshop, or a custom recreational setup. The double-lot designation gives future owners the rare flexibility to maintain an ultra-private waterfront sanctuary, expand the compound, or build and sell a second independent home. Whether enjoyed as a private freshwater retreat or leveraged for its unique development potential, this Deer Point Lake offering is a standout along the Panama City waterfront.

4917 High Point Drive, Panama City

$379,000
3 Beds 2 Baths 794654 MLS
Welcome to 446 S Macarthur Avenue, where life in The Cove is all about charming streets, golf cart rides, neighborhood walks, and being just minutes from Downtown Panama City, the bay, parks, dining, and everything that makes this community so special. This inviting home offers approximately 1,632 square feet of comfortable living space with thoughtful updates including new flooring, electrical improvements, a new refrigerator, new dishwasher, and security system. Out back, enjoy the laid-back Cove lifestyle under the covered patio pergola with power available in the backyard, plus a storage shed for extra convenience. Whether you are grilling, entertaining friends, or winding down after a day on the water, the outdoor space gives you plenty of room to enjoy home. The washer and dryer, primary bedroom TV, dining room curtains, covered patio pergola, and wine racks installed at the back bar convey with the sale. Wine glasses do not convey. Staging furniture and most décor are excluded, although select furnishings may be negotiable separately. Looking for even more flexibility? Plans are available for a potential garage conversion into a primary suite, giving the next owner an opportunity to further customize the home. Buyer to independently verify feasibility, permits, zoning, costs, approvals, and all requirements associated with any future modifications. Come experience the charm, convenience, and easygoing lifestyle that makes The Cove one of Panama City's most loved neighborhoods.

446 S Macarthur Avenue, Panama City

$240,000
3 Beds 2 Baths 794498 MLS
Fresh, updated, and centrally located in the heart of Springfield! Welcome to 907 School Avenue, a 3-bedroom, 2-bath home offering a comfortable layout with plenty of space to spread out both inside and out. Step inside to a freshly painted interior and an inviting floor plan featuring a dedicated dining room, spacious living areas, and a large den that provides extra flexibility for entertaining, relaxing, a playroom, or additional gathering space. The updated kitchen offers a fresh, functional space for everyday living and flows conveniently into the surrounding living and dining areas. Outside, the home continues to deliver with a paver patio and privacy-fenced backyard, creating a great setting for grilling, entertaining, pets, or simply enjoying some time outdoors. One of the property's standout features is the detached garage/workshop--perfect for additional storage, projects, hobbies, a home workshop, or creating the ultimate man cave. Located in the heart of Springfield, you'll enjoy convenient access to Tyndall Parkway, Highway 98, shopping, grocery stores, restaurants, schools, medical facilities, and everyday essentials, with easy access to surrounding Panama City and Tyndall Air Force Base. With its fresh updates, multiple living spaces, private backyard, and versatile detached garage/workshop, 907 School Avenue offers functionality and flexibility in a convenient central location. Schedule your private showing and come see everything this updated Springfield home has to offer!

907 School Avenue, Panama City

$425,000
4 Beds 2 Baths 794455 MLS
Beautifully remodeled home in Panama City's highly sought-after Cove neighborhood! From the moment you enter, you will appreciate the spacious open floor plan, vaulted ceiling, recessed lighting, and luxury vinyl plank flooring throughout. The modern kitchen is designed for everyday living and entertaining, featuring an impressive 9-foot island, pantry, refrigerator with water and ice dispenser, and a self-cleaning glass-top range that even has a bread-proofing feature. The island has a hidden power bank. Both bathrooms feature double vanities and attractive tilework. The hallway bath has a tub/shower and the master ensuite has a tiled stand up shower. The owner has added a large back deck, creating a wonderful space for morning coffee, evening relaxation, and entertaining. A backyard shed provides additional storage, and the home also features a concrete driveway. The backyard is now completely privacy fenced with a double gate to allow alley access. Located just half a block from Sudduth Park, residents can easily enjoy the baseball diamond and playground. Cherry Street Elementary is within walking distance, and downtown Panama City is accessible by bicycle or golf cart for the Saturday farmers market, festivals, shops, live music, dining, and community events. Along the way, enjoy the scenic Beach Drive area, where the Cove Events Committee hosts its Fourth of July celebration. The neighborhood also embraces its golf-cart lifestyle with festive parades for Christmas, Halloween, and the Fourth of July. This updated Cove home offers a wonderful combination of modern comfort, outdoor living, and a convenient neighborhood location! Information is deemed reliable but not guaranteed. All measurements and property details are approximate and should be verified by buyer.

112 N Gayle Avenue, Panama City

$269,000
3 Beds 2 Baths 794317 MLS
MOTIVATED SELLER!!!! This updated Florida cottage puts you right in the middle of everything people love about living in Panama City. With 3 bedrooms, 2 bathrooms, and a layout designed for everyday living as well as entertaining, this home offers the kind of space and functionality that's hard to find at this price point. Natural light fills the interior, highlighting the updated flooring, newer appliances, and the well-maintained condition throughout. Major improvements have already been taken care of, including the HVAC system, roof, and water heater, all which have been replaced within the last few years for added peace of mind. Outside, the home continues to impress with a screened-in patio, oversized deck, privacy-fenced backyard, and additional outdoor storage. The oversized true two-car garage provides plenty of room for vehicles, tools, beach gear, or hobbies. The street itself has recently been repaved and improved with new curbs and sidewalks adding to the overall appeal of the neighborhood. Location is one of the standout features here. This home is less than five minutes from Beach Drive and the public beach access at Calhoun Beach Park and just minutes from Historic St. Andrews and Downtown Panama City. You're also under 20 minutes from the white sandy beaches of the Gulf. Tyndall Air Force Base and the Navy Base are also both just a short drive away. Whether you're looking for a full-time residence, a second home near the water, or an investment opportunity with short-term rental potential, this property checks all the boxes for enjoying the Florida lifestyle year-round. If you like the neighborhood 1402 Arthur Ave across the street is also for sale.

1403 Arthur Avenue, Panama City

$279,000
4 Beds 3 Baths 794314 MLS
MOTIVATED SELLER SAYS BRING AN OFFER!!! This updated Florida Cottage combines character, natural light, and a location that can't be matched. With 4 good sized bedrooms, 3 bathrooms, and approximately 1,800 square feet, the home has an open, comfortable feel with large windows throughout that bring in sunlight from nearly every room. The layout includes a spacious living area, updated finishes throughout the home, and a separate entrance to the connected mother-in-law quarters, offering flexibility for extended family or use as a large master-suite. Out back, the large privacy-fenced yard offers plenty of room for kids, pets, entertaining, or storing a boat or RV. The oversized patio creates a great outdoor gathering space, while the detached storage building with electricity is perfect for tools, hobbies, or additional storage. Located just minutes from Beach Drive, Historic St. Andrews, and Downtown Panama City, this home is right in the middle of everything while still tucked into an established neighborhood. The street has recently been paved and updated with new sidewalks, adding to the area's charm and walkability. Both Tyndall Air Force Base and the Navy Base are a short drive away, and the white sandy beaches of Panama City Beach are only about 20 minutes from your front door. If you've been looking for a home with charm, functional space, and a central location close to shopping, restaurants, marinas, and the water, this one is worth a look! If you love the neighborhood 1403 Arthur Ave across the street is also for sale.

1402 Arthur Avenue, Panama City

$665,000
4 Beds 2 Baths 794270 MLS
Welcome to 405 Hollis Avenue, a charming property located deep in the heart of The Cove, one of Panama City's most established and sought-after neighborhoods. Set just minutes from the Yacht Club, Downtown Panama City, and Holy Nativity School, this home offers a rare combination of character, quality construction, and flexible additional space, perfectly suited for comfortable everyday living and entertaining. Built solid with a concrete block construction, this home has been extensively and thoughtfully updated from top to bottom. Recent improvements include spray foam insulation under the home and at the roof decking, a new AC system with all new ductwork, all-new plumbing throughout the house, and all-new electrical. A tankless gas water heater and new lighting and plumbing fixtures round out a home that's been modernized for efficiency and peace of mind, while still holding onto the character that makes Cove homes so desirable. The main residence features 4 bedrooms and 2 bathrooms, anchored by a chef-ready kitchen finished with Taj Mahal quartz countertops, sleek matte white appliances, a natural gas cooktop, and a convenient butler's pantry. The owner's suite is a true retreat, featuring vaulted ceilings and rich hardwood oak flooring that carries the home's warm, established character throughout. Step outside and discover one of the property's standout features -- a private heated saltwater pool surrounded by a spacious backyard that's ready for summer afternoons, weekend gatherings, and outdoor entertaining year-round. Adding even more versatility is the separate 664-square-foot granny flat, featuring 2 bedrooms and 1 bathroom, its own washer/dryer hookup, and a private separate entrance. This additional space is ideal for visiting family and friends, a private home office, hobby space, rental income potential, or extended living accommodations. Situated in the heart of The Cove, 405 Hollis Avenue puts you just minutes from Downtown Panama City, St. Andrews Bay, the Yacht Club, Holy Nativity School, parks, restaurants, shopping, and waterfront activities. With a fully updated main home, private heated saltwater pool, and a separate 664-square-foot granny flat all on one property, this is a unique opportunity to enjoy one of Panama City's most beloved neighborhoods. Come experience the character, craftsmanship, and lifestyle that make 405 Hollis Avenue a special place to call home.

405 Hollis Avenue, 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

$425,000
3 Beds 2 Baths 794252 MLS
Welcome to this beautifully remodeled and meticulously maintained home in the highly desirable, centrally located Forrest Park neighborhood! Offering approximately 2,224 square feet of living space, this home sits on an impressive nearly half-acre corner lot with immaculate landscaping and no HOA. Inside, you'll find a thoughtfully updated interior featuring LVP flooring throughout, granite countertops, crown molding, and a spacious primary suite. The home also offers a versatile second living area and additional den, which can easily serve as a third bedroom, home office, or game room to fit your lifestyle. Step outside and enjoy the back porch, stained privacy fence, and beautifully landscaped yard. A standout feature is the 30' x 20' detached storage building, complete with lighting, electricity, and a roll-up door. The generous size and convenient roll-up access make it ideal for parking additional vehicles, a boat, recreational equipment, or creating the ultimate workshop/hobby space. The property also features a sprinkler system supplied by a separate well, a water softener system, and a tankless water heater. The partially finished garage provides even more flexibility for storage, parking, or additional usable space. Located just minutes from shopping and schools and only approximately 15 minutes from the beach, this home combines convenience, space, and quality updates in a highly sought-after location. Square footage note: The property appraiser reflects approximately 1,828 square feet, while the sellers have added approximately 400 additional square feet. The approximate total square footage is agent-measured and should be independently verified by the buyer and buyer's agent. This well-cared-for home offers an exceptional combination of location, upgrades, outdoor space, additional parking/storage, versatility, and no HOA--a rare opportunity in Forrest Park!

830 Brandeis Avenue, Panama City

$315,000
6 Beds 2 Baths 794239 MLS
1148 Jenks Ave presents a unique opportunity in the heart of Panama City for an owner, investor, or entrepreneur looking to create a true live where you work property. Located just minutes from Downtown Panama City, this approximately 1,900-square-foot commercial property offers six existing offices, two bathrooms, ample on-site parking, and a flexible layout that lends itself well to a future residential and commercial mixed-use concept, subject to applicable zoning and approvals. Rather than commuting across town, imagine operating your business from the same property you call home. The existing configuration provides the ability to maintain dedicated professional office space while creating a private residential component, making this an especially attractive opportunity for business owners, professionals, investors, or entrepreneurs. Why 1148 Jenks Ave Stands Out Central Panama City Location Jenks Avenue provides convenient access to Downtown Panama City, major roadways, restaurants, professional services, and surrounding residential neighborhoods. It offers the accessibility of a commercial corridor while remaining close to the city's historic downtown core. Live Where You Work Potential The property's size and existing room configuration create an excellent foundation for a combined residence and workplace. A future owner could potentially create private living quarters while maintaining separate offices, meeting rooms, or client-facing business space. Six Existing Offices The existing six-office layout provides considerable flexibility. Spaces could be utilized for private offices, bedrooms, conference rooms, studios, treatment rooms, creative spaces, or other uses depending on the future design. Two Bathrooms Having two existing bathrooms provides another advantage when planning separate residential and business areas within the property. Income-Producing Property The building is currently tenant-occupied and generating income, giving an investor the ability to benefit from existing cash flow while considering future redevelopment or owner occupancy. Ample On-Site Parking Dedicated parking is a major benefit for any live/work property, particularly for an owner who intends to continue operating a professional business from the building. Flexible Long-Term Investment The property offers multiple potential paths: continue operating it as an income-producing commercial property, occupy it for your own business, or explore transforming it into a distinctive residential mixed-use property. Ideal for Entrepreneurs and Professionals This type of property could be particularly appealing to attorneys, real estate professionals, designers, accountants, consultants, medical or wellness professionals, creatives, or small-business owners who want their home and business operations under one roof. 1148 Jenks Ave is more than simply office space. It is an opportunity to create a unique urban live/work property in the center of Panama City, combining convenience, business functionality, income potential, and future flexibility in one location. Any residential conversion, mixed-use configuration, or change of use would be subject to applicable zoning, building-code requirements, and governmental approvals.

1148 Jenks Avenue, Panama City

$255,000
3 Beds 2 Baths 794213 MLS
Turnkey Airbnb! Welcome to a piece of local history with charm, character, and a touch of old Florida magic! Nestled in the heart of the Millville's waterfront community, this unique property invites you to embrace a lifestyle rich in tradition and versatile in opportunity. The main home features 3 bedrooms, 2 bathroom, and approximately 1,472 square feet of living space accented by original pine wood tongue and groove hardwood floors and timeless architecture. Updated around 2007, the well-equipped kitchen blends modern convenience with vintage charm, equipped with stainless steel appliances and thoughtfully designed for everyday function. Just behind the main residence, you'll find a delightful 1-bedroom, 1-bathroom carriage house spanning 444 square feet--ideal for generating rental income, hosting guests, or unleashing your creativity in a workshop, studio, or home office. Two additional outbuildings extend the potential even further, offering ample space for a shop, storage, or a secret garden hideaway (complete with your own power tools, of course). The fully fenced yard is shaded by mature oaks and dotted with flowering trees, crafting a peaceful outdoor oasis perfect for coffee mornings or weekend gardening adventures. Whether you dream of raised beds, swinging hammocks, or backyard barbecues, this space is ready for your vision. Many adorable outdoor living spaces, nooks, lounge spots, a firepit, outdoor shower, pergola, cabana and covered porches invite relaxing. On the main home, the porch is inviting with french doors into the mud room and coffee bar. The laundry area is located on the back porch for shared access. The hot tub is centrally located for shared use in the private backyard. An area is designated for cornhole or bocce. For outdoor enthusiasts, Watson Bayou's public boat launch is just a short walk away, making it easy to spend your weekend on the water. Daily errands are simple, too--groceries, parks, and schools are all conveniently located nearby. Rosenwald High School is within reach for educational needs, while shopping destinations like ALDI and Walmart are only minutes away. Public transit options add ease to commuting. The location also provides a straight shot to Tyndall Air Force Base, just a 15-minute drive down the road. Whether you're planting roots, making an investment, or simply on the hunt for a home with heart and history, this property delivers something special. So, if you're the type to admire handcrafted details, enjoy tree-lined streets, and wouldn't mind a bonus backyard cottage, your future just might be calling from the past. Come explore the potential--and see for yourself why this charming Florida gem could be your next great story. Turnkey Airbnb home and cottage. The Captains Cottage has been rented both long term ($1200/mo) and short term ($100/night) Short term rental ready! Do Not Disturb. 24 hour notice to show requested.

2317 E 3rd Street, Panama City

$350,000
793912 MLS
Your opportunity to own *** TWO PARCELS *** This mixed use zoning Combo deal offers an abundance of opportunity for your future commercial business or residential goals. Historic Mixed-Use Commercial Opportunity in the Heart of Panama City! Step into a piece of local history with this iconic commercial property located at 2117 E 3rd Street, Panama City, FL 32401. Originally built in 1925, this well-known landmark has been home to numerous successful businesses throughout the decades and continues to offer endless possibilities for its next owner. Currently operating as a restaurant and drinks bar, this mixed-use zoned property features a highly functional layout with ample indoor seating, a commercial-style service area, and a one-of-a-kind outdoor gathering space designed for entertainment, fellowship, and social events. The inviting outdoor area offers a unique atmosphere rarely found in today's market, making it ideal for live music, game nights, private events, or expanded customer seating. The building's size and footprint make it exceptionally well-suited for a variety of business ventures including a café, deli, coffee shop, brewery, wine bar, specialty restaurant, retail concept, creative workspace, or other mixed-use possibilities. Its historic charm, established presence, and strategic location provide the perfect foundation for entrepreneurs looking to bring their vision to life. Whether you're an investor seeking a unique income-producing asset or a business owner ready to launch the concept you've always dreamed of, this property presents an incredible opportunity at an affordable price point. With its rich history, flexible zoning, distinctive character, and endless potential, this property may very well be one of the best commercial values currently available in Panama City. Bring your vision, make your mark, and become part of the next chapter of this historic Panama City landmark

2117 E 3rd Street, Panama City

$214,900
3 Beds 1 Baths 793910 MLS
901 E 2nd Pl offers a spacious 3-bedroom, 1-bath home with approximately 1,557 square feet and plenty of potential to make it your own. The home features a functional layout with generously sized living spaces, updated flooring throughout much of the interior, and an abundance of natural light from multiple windows. Major systems have already seen important updates, with the roof and HVAC both approximately 7 years old, helping take some of the bigger-ticket items off the list. The property also offers a large bonus/flex space that could serve as a second living area, home office, game room, hobby space, or additional storage depending on your needs. Outside, the home sits on a spacious lot with a large backyard surrounded by mature trees and vegetation, providing plenty of room for outdoor entertaining, pets, gardening, or future improvements. An attached utility/workshop area adds even more usable space. With its solid square footage, flexible floor plan, updated major systems, and convenient Panama City location, this home presents an excellent opportunity for an owner-occupant looking to personalize a home or a buyer searching for a property with value-add potential. |3 Bedrooms | 1 Bathroom | Approx. 1,557 SF | Roof Approx. 7 Years Old | HVAC Approx. 7 Years Old | Spacious Lot | Bonus/Flex Space Schedule your showing and see the possibilities this Panama City home has to offer. Property is being sold as-is no repairs to be made. Buyer and buyer's agent to verify all measurements, system ages, condition, and information deemed important.

901 E 2nd Place, Panama City

$1,120,000
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

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