$3,299,000 Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas. Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence. Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters. What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach. 6 Beds ⋅ 7 Baths ⋅ 796359 MLS Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas. Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence. Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters. What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach. 5944 Gulf Drive, Panama City
$425,000 RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area shopping, dining and everyday conveniences, this triplex provides an opportunity to add a multi-unit property to your investment portfolio with existing rental income already in place. Whether you're looking to expand your portfolio or secure a property with three income-producing units under one ownership, this one deserves a closer look. Call today to schedule a preview of this investment opportunity! 6 Beds ⋅ 6 Baths ⋅ 796036 MLS RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area shopping, dining and everyday conveniences, this triplex provides an opportunity to add a multi-unit property to your investment portfolio with existing rental income already in place. Whether you're looking to expand your portfolio or secure a property with three income-producing units under one ownership, this one deserves a closer look. Call today to schedule a preview of this investment opportunity! 5138 Lance Street, Panama City
$435,000 Triplex Multi-Units, First Floor, 3 Bedroom 2 Bath with Kitchen & Living Room. Second Floor, with private entrance. 2 Each, 2 Bedroom 1 Bath units with Kitchen & Living Room. Best use owners occupy First Floor, Rent/Lease out Second Floor units, per month. All units separately metered both Power and PC Water/Septic. Great way to offset Mortgage. Rent out second floor Pro forma at $1600.00 each per month. Tenants pay their own power and PC utilities. Currently used as a strong investment, Multifamily First floor, with private bedrooms, shared amenities kitchen and 2 baths. Second floor, 2 units with private bedrooms 1 bath, shared amenities kitchen and bath. Dimensions and Measurements not verified, Buyer to measure to own satisfaction. All measurements are approximate. All information in this listing is believed to be accurate but must be verified by Buyer or Buyer's agent. 7 Beds ⋅ 4 Baths ⋅ 795846 MLS Triplex Multi-Units, First Floor, 3 Bedroom 2 Bath with Kitchen & Living Room. Second Floor, with private entrance. 2 Each, 2 Bedroom 1 Bath units with Kitchen & Living Room. Best use owners occupy First Floor, Rent/Lease out Second Floor units, per month. All units separately metered both Power and PC Water/Septic. Great way to offset Mortgage. Rent out second floor Pro forma at $1600.00 each per month. Tenants pay their own power and PC utilities. Currently used as a strong investment, Multifamily First floor, with private bedrooms, shared amenities kitchen and 2 baths. Second floor, 2 units with private bedrooms 1 bath, shared amenities kitchen and bath. Dimensions and Measurements not verified, Buyer to measure to own satisfaction. All measurements are approximate. All information in this listing is believed to be accurate but must be verified by Buyer or Buyer's agent. 1908 Laurel Avenue, Panama City
$278,000 20k Price Reduction. Ready to Sell, Bring All Buyers. Duplex, Investment Opportunity. Both units are 3 Bedroom 2 Bathroom. Close to Rutherford High School. One, side rented producing $1700 per month. Recent Roof. Front unit is in the process of upgrades. More Photos to come. All information deemed reliable please verify for accuracy. 6 Beds ⋅ 4 Baths ⋅ 795413 MLS 20k Price Reduction. Ready to Sell, Bring All Buyers. Duplex, Investment Opportunity. Both units are 3 Bedroom 2 Bathroom. Close to Rutherford High School. One, side rented producing $1700 per month. Recent Roof. Front unit is in the process of upgrades. More Photos to come. All information deemed reliable please verify for accuracy. 1110 Sheffield Avenue Unit AB, Panama City
$298,000 Welcome to this incredible opportunity in the heart of historic The Cove! Offering one of the most generous floor plans in the neighborhood, this sprawling 6-bedroom, 3-bathroom residence spans an impressive 2,765 sq. ft. and sits on a sizable lot. Significant, peace-of-mind updates have already been completed, making this a fantastic find. Recent improvements include a fully updated plumbing system, a new water heater, refreshed exterior siding, updated steps, select new flooring, and newly repaired/replaced energy-efficient LED lighting throughout. Featuring a flexible layout with ample room to grow, entertain, or customize, the property also boasts a great covered porch and outdoor space. Enjoy the ultimate Panama City location just minutes from local schools, parks, dining, and downtown. Bring your personal touch to complete the final cosmetic touches and make this massive footprint your dream home or next great investment! 6 Beds ⋅ 3 Baths ⋅ 795330 MLS Welcome to this incredible opportunity in the heart of historic The Cove! Offering one of the most generous floor plans in the neighborhood, this sprawling 6-bedroom, 3-bathroom residence spans an impressive 2,765 sq. ft. and sits on a sizable lot. Significant, peace-of-mind updates have already been completed, making this a fantastic find. Recent improvements include a fully updated plumbing system, a new water heater, refreshed exterior siding, updated steps, select new flooring, and newly repaired/replaced energy-efficient LED lighting throughout. Featuring a flexible layout with ample room to grow, entertain, or customize, the property also boasts a great covered porch and outdoor space. Enjoy the ultimate Panama City location just minutes from local schools, parks, dining, and downtown. Bring your personal touch to complete the final cosmetic touches and make this massive footprint your dream home or next great investment! 338 N Bonita Avenue, Panama City
$835,000 This spacious 6-bedroom, 4-bath home offers 4,230 square feet of comfortable living space on a private 1.53-acre property, perfectly designed for both everyday living and entertaining. Inside, the generous floor plan accommodates family, guests, or multi-generational living with ease. Recent upgrades include new flooring throughout completed last year and new kitchen quartz countertops, also installed last year, adding modern style and durability. The home is further enhanced by twin tankless gas water heaters, providing efficiency and continuous hot water. Outdoors, enjoy a true backyard oasis ideal for year-round enjoyment. The fully fenced yard features an in-ground pool, spa/hot tub, and a built-in barbecue and grill area with ample seating--perfect for hosting gatherings or relaxing in a resort-style setting. A standing seam metal roof installed approximately 1.5 years ago adds long-term value, durability, and peace of mind. Just ½ mile from SweetBay, you're close to shopping, dining, and everyday conveniences while still enjoying plenty of privacy. With exceptional outdoor amenities, thoughtful upgrades, and a desirable location, this property offers a rare opportunity to own a home that truly blends space, functionality, and an entertainer's dream backyard. 6 Beds ⋅ 4 Baths ⋅ 795112 MLS This spacious 6-bedroom, 4-bath home offers 4,230 square feet of comfortable living space on a private 1.53-acre property, perfectly designed for both everyday living and entertaining. Inside, the generous floor plan accommodates family, guests, or multi-generational living with ease. Recent upgrades include new flooring throughout completed last year and new kitchen quartz countertops, also installed last year, adding modern style and durability. The home is further enhanced by twin tankless gas water heaters, providing efficiency and continuous hot water. Outdoors, enjoy a true backyard oasis ideal for year-round enjoyment. The fully fenced yard features an in-ground pool, spa/hot tub, and a built-in barbecue and grill area with ample seating--perfect for hosting gatherings or relaxing in a resort-style setting. A standing seam metal roof installed approximately 1.5 years ago adds long-term value, durability, and peace of mind. Just ½ mile from SweetBay, you're close to shopping, dining, and everyday conveniences while still enjoying plenty of privacy. With exceptional outdoor amenities, thoughtful upgrades, and a desirable location, this property offers a rare opportunity to own a home that truly blends space, functionality, and an entertainer's dream backyard. 3610 Florida Avenue, Panama City
$350,000 Built in 2024, this Panama City duplex offers two units, each featuring 3 bedrooms, 2 bathrooms, and over 1,050 square feet of living space, totaling over 2100sqft. Both units are currently leased at $1,650 per month each, providing combined scheduled gross rental income of $3,300 per month before expenses. The lease for 314 Bayou Avenue runs October 1, 2025, through September 30, 2026, and the lease for 316 Bayou Avenue runs September 1, 2025, through August 31, 2026. An opportunity to purchase a newer duplex with existing leases in place. Buyer to verify square footage, lease terms, and operating expenses. 6 Beds ⋅ 4 Baths ⋅ 795016 MLS Built in 2024, this Panama City duplex offers two units, each featuring 3 bedrooms, 2 bathrooms, and over 1,050 square feet of living space, totaling over 2100sqft. Both units are currently leased at $1,650 per month each, providing combined scheduled gross rental income of $3,300 per month before expenses. The lease for 314 Bayou Avenue runs October 1, 2025, through September 30, 2026, and the lease for 316 Bayou Avenue runs September 1, 2025, through August 31, 2026. An opportunity to purchase a newer duplex with existing leases in place. Buyer to verify square footage, lease terms, and operating expenses. 314 & 316 Bayou Avenue, Panama City
$675,000 Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence. 6 Beds ⋅ 6 Baths ⋅ 794807 MLS Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence. 2600 E 1st Plaza, Panama City
$350,000 Built in 2023, this duplex features two 3-bedroom, 2-bathroom units, both currently occupied and leased at $1,650 per month each. Combined scheduled gross rental income is $3,300 per month before expenses. Convenient to Tyndall Air Force Base and Business 98, this property offers an opportunity to add a newer duplex with existing tenants to your investment portfolio. 6 Beds ⋅ 4 Baths ⋅ 794731 MLS Built in 2023, this duplex features two 3-bedroom, 2-bathroom units, both currently occupied and leased at $1,650 per month each. Combined scheduled gross rental income is $3,300 per month before expenses. Convenient to Tyndall Air Force Base and Business 98, this property offers an opportunity to add a newer duplex with existing tenants to your investment portfolio. 147/ 149 Claire Avenue, Panama City
$315,000 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. 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
$349,000 **INVESTOR ALERT** This piece of property on the East end of the beach has so many options, making this perfect for your next investment! Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park Zoning, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ''as is'' gives strong cash-flow opportunity. This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family. Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence. 9 Beds ⋅ 6 Baths ⋅ 794136 MLS **INVESTOR ALERT** This piece of property on the East end of the beach has so many options, making this perfect for your next investment! Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park Zoning, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ''as is'' gives strong cash-flow opportunity. This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family. Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence. 2122 Anne Avenue, Panama City
$519,900 Welcome home to this spacious 6-bedroom, 3-bathroom property that offers the perfect blend of comfort, convenience, and outdoor living. Move-in ready and thoughtfully maintained, this home provides plenty of room for families, guests, a home office, or multi-generational living. Step outside to your own private backyard retreat featuring a newly replastered pool, a fully fenced yard, and plenty of space for entertaining, pets, or play. Whether you're hosting summer gatherings or enjoying a quiet evening outdoors, this backyard is designed to be enjoyed year-round. Located in a highly desirable neighborhood, this home offers a central location with quick access to shopping, dining, schools, parks, and everything the area has to offer. The generous yard provides the space you've been looking for, while the home's functional layout makes everyday living easy. If you're searching for a home that combines size, location, and lifestyle, this one checks all the boxes. Don't miss your opportunity to make this beautiful move-in-ready home yours! 6 Beds ⋅ 3 Baths ⋅ 794103 MLS Welcome home to this spacious 6-bedroom, 3-bathroom property that offers the perfect blend of comfort, convenience, and outdoor living. Move-in ready and thoughtfully maintained, this home provides plenty of room for families, guests, a home office, or multi-generational living. Step outside to your own private backyard retreat featuring a newly replastered pool, a fully fenced yard, and plenty of space for entertaining, pets, or play. Whether you're hosting summer gatherings or enjoying a quiet evening outdoors, this backyard is designed to be enjoyed year-round. Located in a highly desirable neighborhood, this home offers a central location with quick access to shopping, dining, schools, parks, and everything the area has to offer. The generous yard provides the space you've been looking for, while the home's functional layout makes everyday living easy. If you're searching for a home that combines size, location, and lifestyle, this one checks all the boxes. Don't miss your opportunity to make this beautiful move-in-ready home yours! 760 Rosemont Drive, Panama City
$389,900 143 Claire Ave Turnkey 6 Unit Multifamily Investment Excellent investment opportunity! 143 Claire Ave is a remodeled 6-unit multifamily property, consisting of six studio apartments. The property has been updated and offers an investor the opportunity to acquire an income producing asset without taking on a major renovation project. Each unit features an efficient studio layout, making the property well suited for tenants looking for affordable, low maintenance living. With six individual rental units under one roof, this property provides multiple income streams and strong potential for consistent occupancy. Whether you're looking to add to an existing rental portfolio or get into multifamily investing, 143 Claire Ave offers a great combination of updated units, rental income potential, and manageable size. Six units. Remodeled. Income producing. Ready for its next owner. 6 Beds ⋅ 6 Baths ⋅ 793806 MLS 143 Claire Ave Turnkey 6 Unit Multifamily Investment Excellent investment opportunity! 143 Claire Ave is a remodeled 6-unit multifamily property, consisting of six studio apartments. The property has been updated and offers an investor the opportunity to acquire an income producing asset without taking on a major renovation project. Each unit features an efficient studio layout, making the property well suited for tenants looking for affordable, low maintenance living. With six individual rental units under one roof, this property provides multiple income streams and strong potential for consistent occupancy. Whether you're looking to add to an existing rental portfolio or get into multifamily investing, 143 Claire Ave offers a great combination of updated units, rental income potential, and manageable size. Six units. Remodeled. Income producing. Ready for its next owner. 143 Claire Avenue Unit 101, Panama City
$2,000,000 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. 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
$4,997,000 Welcome to A Sight to Sea, an exceptional 7-bedroom, 6.5-bath coastal retreat offering of beautifully designed living space. The home features expansive open-concept living areas, a well-appointed kitchen, private elevator, generous bedrooms, multiple gathering spaces, and abundant room for entertaining. Outdoors, enjoy a private swimming pool, hot tub, and inviting areas for relaxing in the Florida sunshine. Conveniently located near the sugar-white beaches of Panama City Beach, dining, shopping, parks, and entertainment. Currently operated as an established vacation rental, this impressive property is equally suited as a primary residence, second home, or investment opportunity. Available furnished or unfurnished, subject to the final purchase agreement. 7 Beds ⋅ 7 Baths ⋅ 792763 MLS Welcome to A Sight to Sea, an exceptional 7-bedroom, 6.5-bath coastal retreat offering of beautifully designed living space. The home features expansive open-concept living areas, a well-appointed kitchen, private elevator, generous bedrooms, multiple gathering spaces, and abundant room for entertaining. Outdoors, enjoy a private swimming pool, hot tub, and inviting areas for relaxing in the Florida sunshine. Conveniently located near the sugar-white beaches of Panama City Beach, dining, shopping, parks, and entertainment. Currently operated as an established vacation rental, this impressive property is equally suited as a primary residence, second home, or investment opportunity. Available furnished or unfurnished, subject to the final purchase agreement. 9708 Beach Boulevard, Panama City
$1,749,000 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. 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
$550,000 UNIQUE TRIPLEX OPPORTUNITY! This sprawling 8-bedroom, 6-bathroom PCB triplex offers a rare opportunity to own a spacious property with incredible income potential just blocks from the Gulf. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a home with exceptional flexibility, this unique offering deserves a closer look. It is the perfect opportunity for an investor with vision to bring this property's true potential to life. The main floor is anchored by Apartment A, a spacious split-level 4-bedr, 2-bath home featuring a beautifully updated kitchen with white cabinets, granite countertops, stainless steel appliances, plus a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a 2-bedroom, 2-bath unit on the second floor with its own separate entrance. Above, Apartment C occupies the third floor and offers another private 2-bedroom, 2-bath layout with elevated views and its own entrance. This rare opportunity is highlighted by its fantastic location in the South Lagoon. It sits just a few blocks from public beach access points off Gulf Drive, offering immediate access to the emerald waters and is even closer to the local boat ramp on the lagoon. No HOA! The expansive lot offers parking freedom, perfectly accommodating an RV, boat, or multiple vehicles. It is ideally positioned within a short stroll or golf cart ride to the marina area, beloved seafood spots, dining, and shopping options along Thomas Drive, seamlessly combining a neighborhood feel with effortless accessibility to the best local attractions. Schedule your showing today. A video tour is also available 8 Beds ⋅ 6 Baths ⋅ 792506 MLS UNIQUE TRIPLEX OPPORTUNITY! This sprawling 8-bedroom, 6-bathroom PCB triplex offers a rare opportunity to own a spacious property with incredible income potential just blocks from the Gulf. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a home with exceptional flexibility, this unique offering deserves a closer look. It is the perfect opportunity for an investor with vision to bring this property's true potential to life. The main floor is anchored by Apartment A, a spacious split-level 4-bedr, 2-bath home featuring a beautifully updated kitchen with white cabinets, granite countertops, stainless steel appliances, plus a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a 2-bedroom, 2-bath unit on the second floor with its own separate entrance. Above, Apartment C occupies the third floor and offers another private 2-bedroom, 2-bath layout with elevated views and its own entrance. This rare opportunity is highlighted by its fantastic location in the South Lagoon. It sits just a few blocks from public beach access points off Gulf Drive, offering immediate access to the emerald waters and is even closer to the local boat ramp on the lagoon. No HOA! The expansive lot offers parking freedom, perfectly accommodating an RV, boat, or multiple vehicles. It is ideally positioned within a short stroll or golf cart ride to the marina area, beloved seafood spots, dining, and shopping options along Thomas Drive, seamlessly combining a neighborhood feel with effortless accessibility to the best local attractions. Schedule your showing today. A video tour is also available 5612 Hilltop Avenue Unit A-C, Panama City
$1,658,000 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. 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
$865,000 $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. Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. 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. New custom landscaping and 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. Direct views of Massalina Bayou offering serene surroundings and a true coastal lifestyle. Prime location near top shopping, dining, entertainment, and local attractions. This unique combination of parcels provides endless possibilities--multigenerational living, a fully income-producing investment, or use the carriage house a primary residence and rent out the fourplex for excellent rental income. With its unmatched flexibility, new construction quality, and breathtaking bayou views, this property checks all the boxes. 7 Beds ⋅ 6 Baths ⋅ 792225 MLS $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. Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. 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. New custom landscaping and 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. Direct views of Massalina Bayou offering serene surroundings and a true coastal lifestyle. Prime location near top shopping, dining, entertainment, and local attractions. This unique combination of parcels provides endless possibilities--multigenerational living, a fully income-producing investment, or use the carriage house a primary residence and rent out the fourplex for excellent rental income. With its unmatched flexibility, new construction quality, and breathtaking bayou views, this property checks all the boxes. 405 Massalina Drive, Panama City
$949,000 ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!* Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, or enjoying a sunset cruise, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, this home stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfront estates. 6 Beds ⋅ 4 Baths ⋅ 791960 MLS ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!* Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, or enjoying a sunset cruise, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, this home stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfront estates. 147 Lake Merial Shores Drive, Panama City
$5,000,000 There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention--an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebratory dinners, holiday gatherings, or quiet mornings with coffee overlooking the shoreline. Every space feels connected, designed to bring family and friends together while never losing sight of the water beyond. With seven bedrooms and eight-and-a-half bathrooms, the home offers room to spread out and settle in. Yet it is the third-floor primary suite that truly captures the imagination. Elevated above the coastline, it feels almost suspended between sea and sky. Here, sweeping Gulf views greet the morning, while evenings are framed by breathtaking sunsets reflected across the water. Outside, life naturally gravitates toward the Gulf. A private pool offers a refreshing retreat between beach walks, while the shoreline itself is just steps away. Days begin with sunrise strolls along the sugar-white sand and end with conversations carried by the sound of the surf. Thoughtful additions such as two laundry rooms and an elevator servicing all levels bring comfort and convenience to everyday living. Offered fully furnished and with short-term rentals permitted, the home is prepared to be enjoyed from the moment you arrive. Whether envisioned as a gathering place for generations, a coastal retreat, or an investment in one of Panama City Beach's most desirable beachfront communities, the experience remains the same: effortless, refined, and deeply connected to the beauty of the Gulf. At 5931 Gulf Drive, the shoreline is not simply a view--it becomes part of the way you live. 7 Beds ⋅ 9 Baths ⋅ 791891 MLS There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention--an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebratory dinners, holiday gatherings, or quiet mornings with coffee overlooking the shoreline. Every space feels connected, designed to bring family and friends together while never losing sight of the water beyond. With seven bedrooms and eight-and-a-half bathrooms, the home offers room to spread out and settle in. Yet it is the third-floor primary suite that truly captures the imagination. Elevated above the coastline, it feels almost suspended between sea and sky. Here, sweeping Gulf views greet the morning, while evenings are framed by breathtaking sunsets reflected across the water. Outside, life naturally gravitates toward the Gulf. A private pool offers a refreshing retreat between beach walks, while the shoreline itself is just steps away. Days begin with sunrise strolls along the sugar-white sand and end with conversations carried by the sound of the surf. Thoughtful additions such as two laundry rooms and an elevator servicing all levels bring comfort and convenience to everyday living. Offered fully furnished and with short-term rentals permitted, the home is prepared to be enjoyed from the moment you arrive. Whether envisioned as a gathering place for generations, a coastal retreat, or an investment in one of Panama City Beach's most desirable beachfront communities, the experience remains the same: effortless, refined, and deeply connected to the beauty of the Gulf. At 5931 Gulf Drive, the shoreline is not simply a view--it becomes part of the way you live. 5931 Gulf Drive, Panama City
$2,179,900 This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed. 10 Beds ⋅ 10 Baths ⋅ 791806 MLS This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed. 5237 Thomas Drive Unit A & B, Panama City
$430,000 Turn key quadplex in a great central location convenient to Highway 98. Each townhouse is 2 beds, 1.5 baths. Property boasts a new metal roof after Hurricane Michael and an excellent rental history. Owner responsibilities are limited with each unit being separately metered for water and electric with residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine! Listing agent is the seller. 8 Beds ⋅ 10 Baths ⋅ 791362 MLS Turn key quadplex in a great central location convenient to Highway 98. Each townhouse is 2 beds, 1.5 baths. Property boasts a new metal roof after Hurricane Michael and an excellent rental history. Owner responsibilities are limited with each unit being separately metered for water and electric with residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine! Listing agent is the seller. 1512 Kraft Avenue, Panama City
$578,000 Serious price improvement. The numbers make great sense, solid ROI. Add to your portfolio today! Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged 6 Beds ⋅ 6 Baths ⋅ 790574 MLS Serious price improvement. The numbers make great sense, solid ROI. Add to your portfolio today! Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged 116 Springfield Avenue, Panama City
$599,000 Excellent investment opportunity to own a fully occupied triplex generating immediate rental income. Each of the three units offers approximately 1,300 square feet and features 3 bedrooms and 2 full bathrooms. Units include private driveways, individual backyard spaces, galley-style kitchens, and open living areas. Functional floor plans provide comfortable living arrangements that appeal to long-term tenants. 9 Beds ⋅ 6 Baths ⋅ 790460 MLS Excellent investment opportunity to own a fully occupied triplex generating immediate rental income. Each of the three units offers approximately 1,300 square feet and features 3 bedrooms and 2 full bathrooms. Units include private driveways, individual backyard spaces, galley-style kitchens, and open living areas. Functional floor plans provide comfortable living arrangements that appeal to long-term tenants. 726 Detroit Avenue, Panama City
$5,795,000 Set directly along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach is a newly constructed Gulf-front residence combining architectural scale, elevated interiors, private beach access, and short-term rental flexibility within one of the area's most intimate coastal enclaves. Hadley's Beach includes just 26 homes, with only 16 true Gulf-front residences, making this an increasingly limited opportunity for direct waterfront ownership in Panama City Beach. Across approximately 5,700 square feet and three levels, sweeping Gulf views, five panoramic door systems, a heated private pool, and more than 1,300 square feet of outdoor living create a home designed around the water from nearly every vantage point. Built by Thor Construction & Design, the residence pairs refined coastal architecture with a material palette that feels substantial, current, and quietly sophisticated. Venetian plaster, custom cabinetry, oak beams, Visual Comfort lighting, and expansive walls of glass bring texture and warmth to the interiors while allowing the Gulf to remain the defining visual element. Five panoramic door systems positioned across all three levels open the home toward the shoreline, creating a fluid connection between interior gathering spaces, covered porches, and the beach beyond. The second level serves as the natural heart of the home, where generous living and dining spaces unfold around a chef's kitchen designed for both everyday life and large-scale entertaining. Custom cabinetry is complemented by Sub-Zero and Wolf appliances, while the open layout preserves long sightlines to the Gulf. Floor-to-ceiling windows and broad openings fill the space with natural light and create an effortless progression from the kitchen and living areas to expansive outdoor terraces overlooking the water. Eight spacious bedrooms and eight bathrooms are thoughtfully arranged across the residence to accommodate family, guests, and multigenerational gatherings while maintaining privacy throughout. The upper-level primary suite is positioned as a private Gulf-front retreat, complete with its own lounge and panoramic water views, creating a quieter sanctuary removed from the home's central gathering spaces. Outdoor living is integral to the experience of The Headliner. More than 1,300 square feet of porch space spans the residence, offering multiple settings for open-air dining, morning coffee, relaxed conversation, and sunset views. The heated private pool extends the home's resort-style atmosphere, while direct private access leads from the residence to the white sand and turquoise waters of the Gulf of Mexico. An elevator and garage add convenience across all three levels. Hadley's Beach offers a distinctive position within Panama City Beach, pairing the privacy of a limited residential enclave with convenient access to the area's dining, entertainment, live music, and coastal recreation. Days can begin on the Gulf, move easily into the energy of Panama City Beach, and end back at the residence with sunset views from the porch or evenings beside the pool. Offered fully furnished and with short-term rentals permitted, The Headliner offers flexibility as a primary residence, second home, vacation property, or Gulf-front investment opportunity. For buyers searching for a luxury Gulf-front home in Panama City Beach, a newer construction beachfront residence with a private heated pool, or a short-term rental property directly on the Gulf of Mexico, 5935 Gulf Drive brings together architecture, scale, location, and direct waterfront access in a setting designed to be experienced from sunrise through sunset. 8 Beds ⋅ 8 Baths ⋅ 789986 MLS Set directly along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach is a newly constructed Gulf-front residence combining architectural scale, elevated interiors, private beach access, and short-term rental flexibility within one of the area's most intimate coastal enclaves. Hadley's Beach includes just 26 homes, with only 16 true Gulf-front residences, making this an increasingly limited opportunity for direct waterfront ownership in Panama City Beach. Across approximately 5,700 square feet and three levels, sweeping Gulf views, five panoramic door systems, a heated private pool, and more than 1,300 square feet of outdoor living create a home designed around the water from nearly every vantage point. Built by Thor Construction & Design, the residence pairs refined coastal architecture with a material palette that feels substantial, current, and quietly sophisticated. Venetian plaster, custom cabinetry, oak beams, Visual Comfort lighting, and expansive walls of glass bring texture and warmth to the interiors while allowing the Gulf to remain the defining visual element. Five panoramic door systems positioned across all three levels open the home toward the shoreline, creating a fluid connection between interior gathering spaces, covered porches, and the beach beyond. The second level serves as the natural heart of the home, where generous living and dining spaces unfold around a chef's kitchen designed for both everyday life and large-scale entertaining. Custom cabinetry is complemented by Sub-Zero and Wolf appliances, while the open layout preserves long sightlines to the Gulf. Floor-to-ceiling windows and broad openings fill the space with natural light and create an effortless progression from the kitchen and living areas to expansive outdoor terraces overlooking the water. Eight spacious bedrooms and eight bathrooms are thoughtfully arranged across the residence to accommodate family, guests, and multigenerational gatherings while maintaining privacy throughout. The upper-level primary suite is positioned as a private Gulf-front retreat, complete with its own lounge and panoramic water views, creating a quieter sanctuary removed from the home's central gathering spaces. Outdoor living is integral to the experience of The Headliner. More than 1,300 square feet of porch space spans the residence, offering multiple settings for open-air dining, morning coffee, relaxed conversation, and sunset views. The heated private pool extends the home's resort-style atmosphere, while direct private access leads from the residence to the white sand and turquoise waters of the Gulf of Mexico. An elevator and garage add convenience across all three levels. Hadley's Beach offers a distinctive position within Panama City Beach, pairing the privacy of a limited residential enclave with convenient access to the area's dining, entertainment, live music, and coastal recreation. Days can begin on the Gulf, move easily into the energy of Panama City Beach, and end back at the residence with sunset views from the porch or evenings beside the pool. Offered fully furnished and with short-term rentals permitted, The Headliner offers flexibility as a primary residence, second home, vacation property, or Gulf-front investment opportunity. For buyers searching for a luxury Gulf-front home in Panama City Beach, a newer construction beachfront residence with a private heated pool, or a short-term rental property directly on the Gulf of Mexico, 5935 Gulf Drive brings together architecture, scale, location, and direct waterfront access in a setting designed to be experienced from sunrise through sunset. 5935 Gulf Drive, Panama City
$695,000 Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income. Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rents for $1,000/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property. 15 Beds ⋅ 9 Baths ⋅ 789830 MLS Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income. Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rents for $1,000/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property. 119 College Avenue, Panama City
$1,300,000 Beautiful complex of 6 apartments built in 2024. 2 bedrooms and 2 bathrooms for each apartment, Excellent acquisition, modern and in a good area, close to hospitals, restaurants, schools, shops, beaches and more. 12 Beds ⋅ 12 Baths ⋅ 789738 MLS Beautiful complex of 6 apartments built in 2024. 2 bedrooms and 2 bathrooms for each apartment, Excellent acquisition, modern and in a good area, close to hospitals, restaurants, schools, shops, beaches and more. 528 Kraft Avenue Unit A,B,C,D,E,F., Panama City
$3,300,000 An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and entertaining, making it ideal for short-term rentals or multi-family use. On the ground level, covered parking beneath the home offers both convenience and additional entertainment space, complete with grilling areas, tables, games, and gathering spots--perfect for hosting guests and creating memorable beachside experiences. With rental projections reaching as high as $385,000 per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-term value. 8 Beds ⋅ 8 Baths ⋅ 789630 MLS An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and entertaining, making it ideal for short-term rentals or multi-family use. On the ground level, covered parking beneath the home offers both convenience and additional entertainment space, complete with grilling areas, tables, games, and gathering spots--perfect for hosting guests and creating memorable beachside experiences. With rental projections reaching as high as $385,000 per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-term value. 8221 Surf Drive, Panama City