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$1,750,000
20 Beds ⋅ 15 Baths ⋅ 754439 MLS
RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.

4480 E Highway 98, Panama City
$2,150,000
755066 MLS
Beautiful Church and Fellowship Hall located on 7 acres with two driveways from Hwy 390

3701 E Hwy 390 Highway, Panama City
$2,200,000
754742 MLS
Welcome to an unparalleled investment opportunity in Panama City, Florida! Presenting a meticulously maintained apartment complex comprising 20 units, each boasting two bedrooms, one bath, and a generous 750 square feet of living space. Nestled conveniently in five two-story buildings, this property offers efficiency and quality in its design and layout.🌟 Prime Location: Situated just one block away from South Tyndall Parkway, this apartment complex provides tenants easy access to essential amenities, transportation routes, and thriving restaurants, grocery and retail centers. The community of Callaway, Florida, is strategically positioned amidst a landscape of burgeoning growth and development, making it an ideal locale for savvy investors seeking promising returns.🔨 Exceptional Resilience: In the wake of Hurricane Michael's impact in 2018, the region embarked on a remarkable journey of reconstruction and revitalization. Callaway stands as a testament to resilience, with communities and industries rallying together to rebuild stronger than ever before. The commitment of the Department of Defense to invest $5.9 Billion in the rebuild of Tyndall Air Force Base has catalyzed unprecedented economic growth, driving demand for housing and infrastructure in the area.📈 Unprecedented Growth: The influx of defense-related projects and economic development initiatives has propelled Callaway and its surrounding areas into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for housing has surged, presenting investors with a solid opportunity for return on investment.🛩️ Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to deploying three fighter squadrons and the addition of over 600 military jobs per squadron, the demand for housing in Callaway is poised to skyrocket. Moreover, the surge in construction activity, employing up to 4,000 workers, underscores the sustained economic vitality of the region.⚓ Thriving Naval Presence: Naval Support Activity Panama City further enhances the area's economic vibrancy, with major tenant commands driving innovation and growth. From the Naval Surface Warfare Center, Navy Dive and Salvage Training Center to the Naval Experimental Dive Unit, both the US Coast Guard and naval presence in Panama City contributes significantly to the region's stability and prosperity.Don't miss out on this exceptional opportunity to invest in the future of the communities surrounding Tyndall, including Callaway, Florida. With its strategic location, resilient community, and unprecedented growth prospects, this apartment complex promises enduring value and substantial returns for discerning investors. Seize the moment and make your mark in one of Florida's most dynamic and promising investment destinations! Detailed financial data is available with signed NDA.

718 S Gay Avenue, Panama City
$2,769,355
4 Beds ⋅ 6 Baths ⋅ 743658 MLS
Nestled on the shores of North Bay, on a private island just off the coast in northwest Florida, sits a truly quiet and peaceful oasis of natural tropical beauty and a home of remarkable contemporary and modern architecture. This soaring three story estate was masterfully designed and brought to life by renowned Architect J Michael Hunnicutt and built by Rita Jones Construction. Spanning three levels with over 5,000 square feet, every room provides incredible waterfront views and offers expansive outdoor living with bay view covered porches on each level. With deep water and the Gulf of Mexico just 10 nautical miles away with NO idle speed zones in between, this luxury residence provides endless opportunities for fishing and boating enthusiasts with a private 350' dock. Upon initial approach to the private island, you are welcomed by natural native landscaping and the soothing sounds of the Bay. This impressive 3 story home is framed by picturesque views of the Bay, surrounded by cascading sounds of the saltwater pool and spa which seem to blur the line between indoors and out. The home includes a fully equipped outdoor summer kitchen and an 18' deep covered patio. The summer kitchen is an entertainer's tropical dream. The custom kitchen cabinets are built of solid walnut sealed in marine grade varnish. The impressive cooking areas feature an all-Lynx luxury appliances package including a grill with rotisserie, dual cooking burners and power burner, and Lynx warming oven. Caesarstone quartz countertops and waterfall island are perfect for cocktails and entertaining. Situated on a large homesite and encompassing all that Florida's waterfront lifestyle has to offer, the deep-water dock will host your boat year-round and allows for residents to continue to pursue their waterfront dreams with boating, kayaking, and fishing! Step off the tumbled cobblestone paver driveway onto the travertine marble tile front entry steps to the stately front door and foyer framed with a custom Mahogany wood door with artistic blown glass. As you enter the main level, you'll be immediately drawn to the waterfront views at 23' elevation and a great room that offers tranquility and relaxation. A modern linear fireplace surrounded with marble and slate tile creates warmth in the space while framing full-glass French doors that lead out onto a covered patio overlooking both pool and Bay. From here you can take in gorgeous year-round sunsets as they sink into the horizon each evening. The second level anchored by the great room is completed with a stunning formal dining room, a remarkable powder room with Onyx walls and flooring with custom stone pedestal sink and a junior suite overlooking Bay and pool complete with full bath, walk in closet, and Juliet balcony. Polished travertine tile is found throughout the main floor and leads into the waterfront breakfast nook and Chef's kitchen. The fully-equipped kitchen boasts custom slab walnut cabinetry with soft-close hinges and pull-out drawers, 48'' Thermador Professional 6-burner gas range with double convection ovens and griddle, Electrolux convection microwave oven, warming drawer, Viking range hood and full-size Electrolux refrigerator and freezer. The kitchen features Caesarstone Quartz countertops and the oversized island that seats 4 is adorned with sleek waterfall edges as well as filtered cold and instant hot water at sink, pot filler at the range and a wet bar with wine refrigerator all designed with entertaining in mind! Adjacent to the kitchen is a 16'x10' walk-in pantry and laundry room with stunning granite countertops, custom cabinetry, elevated washer and dryer, built-in desk, shelving and sweeping views of the island.

4200 Northshore Islands Road, Panama City
$2,200,000
5 Beds ⋅ 4 Baths ⋅ 743092 MLS
Welcome to 3301 Harbour Place. This one of a kind home is situated in the prestigious neighbored of Kings Point Harbour. This is a rare opportunity to own a property on St. Andrews Bay with 160 feet of water frontage and No HOA! This expansive home boasts of 4,300 sq ft, 5-bedrooms and 4-full baths. Tucked away on a quiet street you will enjoy your privacy and breathtaking views from both the front and back yard. As you enter this home you are greeted with panoramic views of St. Andrews Bay. You will appreciate the newly installed ceiling to floor windows that let in all the natural sunlight, views of the sunsets all year long, and dolphins swimming under your dock daily. This home has been completely redone top to bottom. Some Features that make this home special is a double sided wood burning fireplace, two separate living rooms, a breakfast nook, oversized bedrooms, laundry chute, office, custom built-ins, and a bonus room upstairs.Stepping outside into your tranquil backyard there is an expansive amount of outdoor entertaining space with a completely renovated 8 ft deep saltwater pool. This property is in the ideal location Being about a 10 minute boat ride to Shell Island and the pass. The dock is 520 feet long and was constructed after hurricane Michael. Please note, The length of the dock is grandfathered in!! Furthermore, it comes equipped with three lifts, water, and electricity. Make this your home and enjoy living the Coastal Elegant lifestyle on St. Andrews Bay!

3301 Harbour Place, Panama City
$2,125,000
6 Beds ⋅ 7 Baths ⋅ 738898 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS **STUNNING WATERFRONT IN THE COVE** This luxurious 6BR/7BA bath home is loaded with recent upgrades and is located on the prestigious Bunkers Cove Road in the historic Cove area of Panama City, and offers the best of Florida living. From the moment you step inside, you'll be greeted by a light-filled living area and breathtaking waterfront views. With three bedrooms on the ground floor and three upstairs, this home provides ample space for family and guests. The impressive outdoor space is just as stunning, featuring a waterfront pool and hot tub, outdoor kitchen, bar, and a 300'+ dock. Imagine enjoying an evening cocktail on the deck, watching the sun set over the water, or hosting a poolside barbecue with friends and family. Make it a point to see this stunning home today. JET SKI LIFTS DO NOT CONVEY.

526 Bunkers Cove Road, Panama City
$2,931,399
692552 MLS
Approximately 445 acres including +/- 2,500 feet of frontage on US HWY 231. This property is currently zoned AG-1 and is located in unincorporated Bay County. With land use change, property would be ideal for large scale residential development (all measurements are estimates only).

000 Hwy 231, Panama City