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507 N Gray Avenue, Panama City
$429,000
9 Beds ⋅ 7 Baths ⋅ 787457 MLS
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. FULLY OCCUPIED | INCOME PRODUCING MULTI-FAMILY | PRIME PANAMA CITY LOCATION Investor opportunity in the heart of Panama City! This 6-unit multi-family property is 100% occupied and generating immediate cash flow with multiple income streams and value-add potential. Situated on a large lot at 507 N Gray Ave, this property features a main house with separate upstairs apartment PLUS a detached 4-unit apartment building (former Russell Motel) - making it ideal for long-term rentals, workforce housing, travel nurse housing, or furnished rentals. Current Performance: Total Units: 6 9 Bedrooms / 8 Bathrooms Monthly Income: $6,650 Projected Annual Income: $79,800 100% Tenant Occupied Value-Add & Upside Potential: Rents currently below market in some units, Opportunity to increase rents and maximize ROI, Flexible rental strategies (short-term, mid-term, furnished, room rentals) Ideal for investors seeking cash flow + appreciation Property Breakdown: Main House: 3BR/2BA + 2BR/1BA apartment (separate entrances), Additional 4-unit apartment building with remodeled units, Efficiency unit + multiple 1BR units, Separate entrances throughout for maximum rental flexibility Major Updates & Improvements: Updated plumbing (PVC & PEX), New water line & pump station (2022), New Gas Lines, Updated HVAC window units, New water heaters (2020) + tankless (2022), Updated railings to code, Additional Features: Multiple fenced yard areas, Pole barn with electric (future development potential), Garage with bathroom + storage, Well on site LOCATION = HIGH DEMAND RENTAL AREA: Minutes to Downtown Panama City Close to Bay Medical / local hospitals (ideal for travel nurses), Convenient to public transportation, Approx. 15-20 minutes to Tyndall Air Force Base (military rental demand), Short drive to Panama City Beach & Gulf Coast, Near shopping, dining, and employment hubs, This is a turnkey, Fully Furnished, cash-flowing multi-family investment with strong occupancy, multiple rental strategies, and future upside in a growing Panama City market. All information, including measurements, is deemed reliable but not guaranteed. Buyer to verify if important Call to schedule a showing today!!

507 N Gray Avenue, Panama City
722 N Martin Luther King Junior Boulevard, Panama City
$650,000
787447 MLS
Prime Commercial Property Near Downtown - 10 Bedrooms, 8 Baths, Over 3,000 Sq. Ft. Exceptional opportunity to own or invest in a spacious commercial building offering over 3,000 square feet on a 0.27-acre lot, ideally located just minutes from Downtown, major shopping centers, and the hospital. This versatile property features 10 bedrooms and 8 baths, ready to adapt to a variety of commercial or mixed-use purposes. The layout allows for private offices, client suites, or guest accommodations, complemented by generous common areas and potential on-site parking. The building's solid structure and flexible floorplan make it an excellent fit for professional offices, medical or wellness practices, boutique lodging, or assisted living. With its high-visibility location, convenient access, and ample surrounding amenities, this property offers the perfect balance of functionality and growth potential. Highlights: 3,000+ sq. ft. commercial building 10 bedrooms / 8 bathrooms 0.27-acre lot with expansion or parking potential Minutes from Downtown, hospital, and shopping Ideal for office, medical, hospitality, or mixed-use Don't miss this rare opportunity to establish your business in one of the area's most convenient and thriving locations. Listing is for Both Properties 722 Martin Luther King & 722 1/2 MLK

722 N Martin Luther King Junior Boulevard, Panama City
4112 Snapper Street, Panama City
$1,500,000
6 Beds ⋅ 8 Baths ⋅ 787167 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Luxurious Coastal Duplex - Steps from the Beach! Welcome to your dream investment or personal getaway! This stunning newly built duplex offers the perfect blend of modern luxury and coastal charm, just steps from the sandy shores. Each side of this spacious retreat features: 🏡 3 Bedrooms | 3.5 Bathrooms 🎮 Bonus Game Room with Built-in Full-Size Bunk Beds - Fun for All Ages 🏊 Private Pool for Each Unit - Your Own Oasis 🌊 Just Steps to the Beach - Hear the Waves from Your Doorstep 🛋️ Fully Furnished & Turnkey - Move-In or Rental Ready Designed with open-concept living, each unit boasts stylish finishes and spacious balconies perfect for soaking in the salty air. The bonus room with built-in bunks has direct access to your private pool while adding extra sleeping space, making this an ideal vacation rental or multi-generational retreat. Whether you're looking for a lucrative rental property or a private coastal paradise, this duplex is a rare find. Don't miss your chance to own a piece of coastal luxury! 📍 Schedule a showing today! 🌴☀️🏡

4112 Snapper Street, Panama City
543 N 9th Street Unit 541-543, Panama City
$259,000
4 Beds ⋅ 2 Baths ⋅ 787089 MLS
Investor's Opportunity! Turnkey Rental for Sale! Both units are rented. Each unit is 2 bedroom 1 bath and approximately 700SF. Each equipped with range, refrigerator, dishwasher, and washer & dryer. Both have tile and plank flooring. Spacious backyard. Each unit features indoor laundry, separate utilities, and individual meters. All measurements approximate and not guaranteed.

543 N 9th Street Unit 541-543, Panama City
1814 Arthur Avenue Unit A & B, Panama City
$190,000
5 Beds ⋅ 2 Baths ⋅ 787079 MLS
Looking for rental investment. This 5-bedroom 2 bath duplex Close to shopping, schools and beach offers 2 bedrooms on one side and 3 bedrooms on the other side. The roof has been replaced in 2018, and the plumbing has been updated on both sides. The flooring has been updated as well. The kitchen offers lots of space and good size bedrooms. Lots of property space for parking and additions. Currently units are leased. If important all information & measurements should be verified.

1814 Arthur Avenue Unit A & B, Panama City
129 Gwyn Drive Unit A,B,C,D, Panama City
$710,000
8 Beds ⋅ 8 Baths ⋅ 786947 MLS
Unusual find! Check out this 8 bedroom, 8 bath two story Quad-plex close to the VERY popular Panama City Beach. With a 2019 roof, this should be a great investment for you and for future generations. The siding was replaced in 2020 and there is a ''full house'' of rentals in place already. Start collecting rent immediately. Gross rentals for 2025 were $56,100. Located near many great restaurants, you can get to the Hathaway Bridge or to the beach in minutes. Flood Zone X --Each floor is 1876 square feet and open porches add another 900 + feet to the mix.

129 Gwyn Drive Unit A,B,C,D, Panama City
4017 Silver Sands Road, Panama City
$425,000
4 Beds ⋅ 2 Baths ⋅ 786720 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Opportunity near the beach! This duplex on Panama City Beach is ideally located just 0.1 mile off Thomas Drive, placing you close to restaurants, shopping, and many of the attractions that make the beach area so desirable. Rick Seltzer Park, with its public beach access, picnic areas, and Gulf views, is less than half a mile away, making this a convenient location for enjoying the water and coastal lifestyle. The property features two equal-sized units, each offering approximately 800 square feet of living space. Both units include a family/dining area, kitchen, two bedrooms, one full bath, and a dedicated laundry room, providing comfortable living arrangements for tenants or future occupants. The seller has experienced consistent rental success with the property over the years. In preparation for the sale, the units are being vacated, giving the next owner flexibility to establish new rental terms, pursue long-term tenants, or consider other possibilities. Short-term rentals are permitted, subject to registration with the local fire department. Whether you're looking for an investment property, a duplex to live in one side and rent the other, or a beach-area income opportunity, this property offers a location that keeps you close to everything Panama City Beach has to offer.

4017 Silver Sands Road, Panama City
5218 Beach Drive, Panama City
$725,000
5 Beds ⋅ 6 Baths ⋅ 786715 MLS
Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.

5218 Beach Drive, Panama City
6720-6728 Cherry Street, Panama City
$1,000,000
786497 MLS
Under Contract- Taking Backup offers! New Construction 5-Unit Townhome Investment Opportunity Near Tyndall Air Force Base Exceptional opportunity to purchase a newly constructed five-unit townhome building offering strong rental potential in a convenient Panama City location. Each individual townhome features 3 bedrooms, 2.5 bathrooms, approximately 1,300 square feet of heated and cooled living space, and an attached one-car garage, making these units highly attractive for long-term tenants or military housing demand. Each two-story unit welcomes you with a spacious entry featuring tall ceilings and a wide hallway that creates an impressive first impression. The main level offers an open-concept living, dining, and kitchen area with quartz countertops, stainless steel appliances, breakfast bar seating, and contemporary finishes. A half bathroom is conveniently located on the first floor for guests, and rear access leads to a covered patio space. Upstairs, the primary bedroom suite provides generous space with a walk-in closet featuring built-in shelving and a private ensuite bathroom showcasing custom tile work and an oversized shower. Two additional bedrooms, a full bathroom, and washer and dryer connections are also located on the second level for convenience. Community amenities include exterior maintenance and common area upkeep, supporting a low-maintenance ownership structure. Built with modern construction standards, these new construction homes may offer potential insurance and energy efficiency advantages compared to older housing stock. Buyers are encouraged to consult with insurance and utility providers for details. The property is conveniently located approximately 6.6 miles from Tyndall Air Force Base, 1.6 miles from Winn-Dixie, and 2.9 miles from Under the Oaks Park, with easy access to shopping, parks, and major roadways. Information is believed to be accurate but not guaranteed. Buyer to verify all measurements, features, and intended use.

6720-6728 Cherry Street, Panama City
6710-6718 Cherry Street, Panama City
$1,000,000
786496 MLS
Under Contract- Taking Backup Offers! New Construction 5-Unit Townhome Investment Opportunity Near Tyndall Air Force Base Exceptional opportunity to purchase a newly constructed five-unit townhome building offering strong rental potential in a convenient Panama City location. Each individual townhome features 3 bedrooms, 2.5 bathrooms, approximately 1,300 square feet of heated and cooled living space, and an attached one-car garage, making these units highly attractive for long-term tenants or military housing demand. Each two-story unit welcomes you with a spacious entry featuring tall ceilings and a wide hallway that creates an impressive first impression. The main level offers an open-concept living, dining, and kitchen area with quartz countertops, stainless steel appliances, breakfast bar seating, and contemporary finishes. A half bathroom is conveniently located on the first floor for guests, and rear access leads to a covered patio space. Upstairs, the primary bedroom suite provides generous space with a walk-in closet featuring built-in shelving and a private ensuite bathroom showcasing custom tile work and an oversized shower. Two additional bedrooms, a full bathroom, and washer and dryer connections are also located on the second level for convenience. Community amenities include exterior maintenance and common area upkeep, supporting a low-maintenance ownership structure. Built with modern construction standards, these new construction homes may offer potential insurance and energy efficiency advantages compared to older housing stock. Buyers are encouraged to consult with insurance and utility providers for details. The property is conveniently located approximately 6.6 miles from Tyndall Air Force Base, 1.6 miles from Winn-Dixie, and 2.9 miles from Under the Oaks Park, with easy access to shopping, parks, and major roadways. Information is believed to be accurate but not guaranteed. Buyer to verify all measurements, features, and intended use.

6710-6718 Cherry Street, Panama City
448 S Macarthur Avenue, Panama City
$354,900
4 Beds ⋅ 2 Baths ⋅ 786155 MLS
Located in the highly desirable Panama City Cove, this versatile 4-bedroom, 2-bath home offers incredible flexibility for homeowners and investors alike. Currently configured as two separate living spaces; a 3-bedroom, 1-bath main unit and a private 1-bedroom, 1-bath unit. This property is perfect for multi-generational living, rental income, or a live-in-one, rent-the-other opportunity. The main 3/1 unit features spacious living areas, comfortable bedrooms, and abundant natural light, creating a warm and inviting atmosphere. The 1/1 unit offers its own private space, ideal for guests, long-term tenants, or short-term rental potential. Situated in the heart of The Cove, you'll enjoy close proximity to downtown dining, shopping, waterfront parks, and marinas while still tucked into one of the area's most charming and established neighborhoods. Whether you're looking to expand your investment portfolio or secure a flexible primary residence with income potential, this property is a rare opportunity in one of Panama City's most sought-after communities.

448 S Macarthur Avenue, Panama City
1209/1211 E 10th Street, Panama City
$150,000
4 Beds ⋅ 2 Baths ⋅ 784682 MLS
Duplex for Sale - Cash Buyers Only. Calling ALL Investors!!!! One side is vacant, featuring a 2-bedroom, 1-bath layout with living room and kitchen, and is ready for a little TLC and your personal touches. The other side is tenant-occupied with a wonderful long-term tenant in place, providing immediate income. Situated on a very large lot with multiple future opportunities for expansion or redevelopment. Prime location just minutes from the marina and downtown.

1209/1211 E 10th Street, Panama City
2004 Drummond Avenue Unit Units 2004 and 2006, Panama City
$230,000
4 Beds ⋅ 2 Baths ⋅ 784202 MLS
*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* *SELLER ONLY ACCEPTING CASH OFFERS* While previously under contract, this property had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage. Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.

2004 Drummond Avenue Unit Units 2004 and 2006, Panama City
3914 Ural Street, Panama City
$549,900
5 Beds ⋅ 3 Baths ⋅ 784070 MLS
Back on the market at no fault of sellers...Welcome to your perfect beach getaway! Conveniently located between the lagoon and the beach. This spacious FULLY FURNISHED 5 bedroom/3 bathroom home offers 2 houses in 1!! The main house (upstairs) is 4 bedroom/2 bath with a full downstairs appt with separate entrance offering 1 bedroom/1 bath. Live in one and rent out the other or rent both. This home features a beautifully updated living space just a short walk from the stunning white sandy beaches. Whether you're looking for a full-time residence, vacation home, or TURN KEY RENTAL, this beach house checks every box. Recently refreshed with updated paint, flooring, and lighting, the home blends modern comfort with coastal charm. Relax and unwind on the outdoor patios where you can feel the breeze. SEPARATE IN LAW SUITE DOWNSTAIRS, Ideal for guest or another source of rental income!! This home offers both convenience and tranquility. Enjoy the ease of beach access just moments from your door, and take advantage of the area's vibrant dining, shopping, and entertainment. Don't miss this incredible opportunity to own a move-in-ready beach property with strong rental potential and room for everyone!

3914 Ural Street, Panama City
1301 Foster Avenue Unit A, B, Panama City
$447,000
6 Beds ⋅ 3 Baths ⋅ 784047 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Prime St. Andrews Duplex - Updated, Income-Ready, and Steps from the Waterfront Lifestyle! Located in the heart of historic St. Andrews, this versatile 6 BR/3 BA duplex offers the perfect blend of walkable coastal living and smart investment potential. Enjoy being just a short stroll from local boutiques, waterfront dining, live music venues, parks, and public boat ramp access—a rare opportunity in one of Panama City's most beloved neighborhoods. This well-maintained property features a metal roof, durable brick and vinyl siding, tankless gas water heaters, separate driveways, and an RV ready concrete pad with water and power hookups. A detached one car garage with an attached bonus storage shed adds even more functionality for owners or tenants. Both units are separately metered for power, offering convenience and clean accounting for rental income. Side A - 4 BR/2 BA | Updated & Spacious Split bedroom plan, two newly remodeled baths, updated kitchen with quartz countertops and tile backsplash, custom built ins, laundry hookup, great natural light, and a newly fenced yard with private gazebo. Side B - 2 BR/1 BA | Open & Inviting Perfect for short term guests, long term tenants or multigenerational living. Spacious living area with open kitchen/dining, split bedroom layout, laundry room with hookups, updated covered porch with privacy curtains, 2 car carport, and ample driveway parking. Ideal for owner occupants or investors seeking strong rental potential in a high demand waterfront community. Whether you're seeking a primary residence with rental income, a multi-generational setup, or a strong addition to your investment portfolio, this St. Andrews duplex delivers exceptional value. With modern updates, flexible layouts, separate power meters, and unbeatable proximity to the waterfront lifestyle, this property is ready to generate income and impress future tenants or buyers. *All measurements and information are approximate, please verify if important.

1301 Foster Avenue Unit A, B, Panama City
2610 W 11th Street, Panama City
$200,000
4 Beds ⋅ 2 Baths ⋅ 783054 MLS
Entered for comp purposes only. Duplex in St. Andrews, fully occupied.

2610 W 11th Street, Panama City
1211 Stephen Drive, Panama City
$992,500
8 Beds ⋅ 8 Baths ⋅ 783019 MLS
*** ATTENTION INVESTORS *** Income producing property making close to $100k yearly. * Over $200k in upgrades...Completely renovated with top of the line! 4 Townhomes with 2beds/2baths each. New kitchen cabinets, Quartz countertops, new tile flooring including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry room, landscaping, and much more!!! * Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!

1211 Stephen Drive, Panama City
7519 Sunset Avenue, Panama City
$575,000
6 Beds ⋅ 3 Baths ⋅ 783004 MLS
Many options here -- Double lot with a Triplex in place that includes underneath parking spaces. LOCATION is great --within walking distance to beach. Short term rentals are allowed. although there are 3 full time tenants now. The land itself is quite valuable, so don't miss the opportunity to invest in a beach community that is seeing record growth.

7519 Sunset Avenue, Panama City
2810 W 15th Street, Panama City
$362,500
6 Beds ⋅ 5 Baths ⋅ 782775 MLS
Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!

2810 W 15th Street, Panama City
1707 Calhoun Avenue, Panama City
$135,000
4 Beds ⋅ 2 Baths ⋅ 782755 MLS
Investor's Opportunity! Duplex Rehab Project in Prime Panama City Location - Easy Access to Hwy 98 & 23rd St! Solid 1955 four-sided cinderblock duplex with durable metal roof on slab foundation. Perfect for investors seeking a value-add project with strong rental potential in a convenient central location. Property sold strictly AS-IS - in need of complete renovation. Cash buyers preferred; ideal for full rehab to capitalize on high demand for updated multi-family units. Key features: Separate electric and water meters for each unit Each side: 2 bedrooms, 1 full bath, living room, kitchen, and private chain-link fenced backyard area Unit 1707: approx. 501 sq ft | Unit 1709: approx. 505 sq ft Renovated 2-bed units in the area command premium rents - great upside for hold or flip! All measurements approximate and not guaranteed. Schedule your showing today and bring your vision!

1707 Calhoun Avenue, Panama City
754 Sherman Avenue Unit A & B, Panama City
$379,000
6 Beds ⋅ 4 Baths ⋅ 782595 MLS
This duplex presents a great investment opportunity with its dual-dwelling layout and desirable location. Each side offers 3 bedrooms, 1 full bath, and 1 half bath. It features an open living space flowing directly into the kitchen with updated countertops and ample storage. Its spacious design provides both privacy and versatility for each unit. Built in 2008 and fully remodeled in 2019--including roof, siding, HVAC systems, and more--this duplex is turnkey and ideal for investors. Both units are leased for $1,295/month. Both units have private driveways as well as a patio space and back yard. Come check it out today!

754 Sherman Avenue Unit A & B, Panama City
3915 Wasp Street, Panama City
$370,000
3 Beds ⋅ 2 Baths ⋅ 782555 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Discover an excellent investment opportunity on the east end of Panama City Beach. This adorable Holiday Beach duplex offers two versatile living spaces and a location that continues to appeal to both long- and short-term renters. Unit A features 2 bedrooms, 1 bathroom, plus a bonus room, while Unit B offers 1 bedroom and 1 bathroom--ideal for generating income from multiple streams, creating a combined 3-bedroom, 2-bath layout, or using the 1-bedroom side as a mother-in-law suite or multi-generational living space. The property includes recent exterior updates, a metal roof, tile and vinyl plank flooring, partial fencing, and ample driveway parking. Each unit is equipped with electric stainless appliances, central HVAC with supplemental mini-split in Unit A, and public water/septic utilities. Positioned just a short distance from beach access at Richard Seltzer Park, this property places you minutes from St. Andrews State Park, restaurants, shopping, marinas, and multiple public boat launches. Lot size is approximately 55' x 150', and zoning allows for continued multi-family use. Whether you're expanding a rental portfolio or looking for a flexible beach-area property, this duplex offers strong potential in a sought-after location. All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Schedule your private showing today!

3915 Wasp Street, Panama City
9125 Laird Street, Panama City
$695,000
3 Beds ⋅ 3 Baths ⋅ 782523 MLS
3 bedroom 3 bath units. Located near the beach and shopping. Three out of the four units are occupied- great rental income!

9125 Laird Street, Panama City
3510/ 3536 Saint John Street, Panama City
$6,200,000
782381 MLS
PRICE IMPROVEMENT - NOW OFFERED AT $6.2 MILLION. This stabilized 50-unit garden-style apartment community presents an exceptional opportunity to acquire a well-maintained, income-producing asset with significant recent capital improvements and long-term upside. The property features a highly desirable unit mix of 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10 four-bedroom apartments, with 42 units renovated since 2020, showcasing updated flooring, fresh paint, windows, and modern fixtures. Ownership has invested heavily in the property's infrastructure, including new metal roofs, upgraded electrical panels, and numerous HVAC and water heater replacements, minimizing near-term capital expenditures. Additional revenue is generated through an on-site laundry facility, while a separate office building with storage provides efficient on-site management and operational support. The community maintains consistently strong occupancy and is further enhanced by an assumable $4.57 million fixed-rate, 3.75% non-recourse loan (subject to lender approval), providing a significant financing advantage in today's interest rate environment. Ideally located near major employers, schools, shopping, dining, and just minutes from Panama City Beach, the property benefits from strong rental demand in one of Northwest Florida's fastest-growing markets. Now priced at $6.2 million, this is a compelling opportunity for investors seeking immediate cash flow, operational stability, favorable financing, and future growth potential.

3510/ 3536 Saint John Street, Panama City
240 Harmon Avenue, Panama City
$6,185,000
782380 MLS
This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady net revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential. Positioned within the heart of Downtown Panama City's ongoing revitalization--featuring upgraded streetscapes, improved walkability, and renewed waterfront development--this asset remains one of the most compelling opportunities in the market. The pricing adjustment simply aligns the offering with current investor activity and enhances the property's already strong return profile.

240 Harmon Avenue, Panama City
2512 Shady Oak Court, Panama City
$450,000
4 Beds ⋅ 4 Baths ⋅ 782354 MLS
Investment Opportunity in the Heart of Panama City Beach! Well maintained duplex located at 2512 Shady Oak Ct, Panama City Beach, FL 32408, offering a prime income producing asset just minutes from the white sand beaches, dining, entertainment, and Grand Lagoon. Each unit features a functional layout with strong long term rental appeal and consistent demand in this desirable beach market. Both sides offer comfortable living spaces, well equipped kitchens, sizable bedrooms, and private entrances. The property sits on a quiet cul-de-sac style street, surrounded by mature trees, giving tenants a peaceful setting while still enjoying the convenience of coastal living. Ample parking is provided, along with outdoor space for each unit to enjoy separately. Turn key for investors looking to house hack, long term rent, or expand their portfolio. No HOA restrictions maximize flexibility for rental strategies. Solid occupancy potential, attractive location, and a growing market make this an exceptional opportunity.

2512 Shady Oak Court, Panama City
1513 Bob Loftin Road, Panama City
$512,200
8 Beds ⋅ 8 Baths ⋅ 782268 MLS
Turn key quadplex in a great central location convenient to Highway 98. Property boasts a new metal roof after Hurricane Michael, excellent rental history and little maintenance. Owner responsibilities are limited with each unit being separately metered and residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!

1513 Bob Loftin Road, Panama City
3909 E 11th Street Unit A,B,C,D, Panama City
$278,000
746685 MLS
Multi-unit Bldg. Four 2 bedroom 1 bath apartments. 3903, 3907 11th & 3900 Wave St also available. All information taken from appraiser site & sizes approx., Buyer to verify.

3909 E 11th Street Unit A,B,C,D, Panama City
3118 E Baldwin Road Unit 18,20,22, Panama City
$461,000
6 Beds ⋅ 6 Baths ⋅ 763587 MLS
Entered for comps purposes

3118 E Baldwin Road Unit 18,20,22, Panama City
3907 E 11th Street Unit A,B,C,D, Panama City
$278,000
746684 MLS
Multi-unit Bldg. Four 2 bedroom 1 bath apartments. 3903, 3909 11th St 3903, 3907 11th & 3900 Wave St also available. All information taken from appraiser site & sizes approx., Buyer to verify.

3907 E 11th Street Unit A,B,C,D, Panama City

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