Refine Search
Sort by
$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

$230,000
3 Beds 2 Baths 782737 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' HOME AND GUEST HOUSE—A rare opportunity offering location, flexibility, and proven income potential. Less than five minutes from Harrison Avenue and Downtown Panama City, this dual-residence property is ideal for investors, Airbnb operators, or owner-occupants seeking supplemental rental income. The main home, constructed of durable concrete block, offers 2 bedrooms, 1 bathroom, and 768 sq ft of well-designed living space infused with historic charm and modern convenience. This residence underwent a comprehensive renovation in 2022, featuring upgraded LVP flooring, stainless steel appliances, granite countertops, modern cabinetry, updated lighting, full-size washer and dryer, new AC system, updated plumbing, and a new roof. It is sold fully furnished and completely turnkey and is currently operating as an income-producing rental, providing immediate revenue for the next owner. The detached guest house, built in 2023, offers 1 bedroom, 1 bathroom, and 440 sq ft with private alley access, giving guests or tenants a separate and convenient entry point. As a newer build, it provides clean, efficient living space and excellent rental appeal without the need for updates or renovations. With its prime central location and the ability to live in one home while renting the other or maximize returns with dual rental income, this property delivers exceptional versatility, long-term value, and a true turnkey opportunity for its next owner.

1114 Mckenzie Avenue, Panama City

$222,000
3 Beds 2 Baths 782690 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A true St. Andrews gem--this stunning, light-filled Florida cottage has been thoughtfully renovated to blend timeless charm with modern comfort. Bright, open living spaces are filled with natural light, creating an inviting and effortless flow throughout the home. The main residence offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room ideal for a home office, guest space, or fourth bedroom. Beyond the main home, this property truly shines with multiple income-producing opportunities, including a detached mother-in-law/carriage house and an additional climate-controlled bonus building--perfect for a private guest suite, efficiency, creative studio, the possibilities are endless!!! Perfectly positioned in one of Panama City's most desirable and walkable neighborhoods, just minutes from dining, shops, and the bay. Whether used as a high-performing Airbnb, multi-generational retreat, or luxurious primary residence with flexible spaces, this property offers endless potential and exceptional lifestyle appeal. YOU DON'T WANT TO MISS THIS AMAZING OPPORTUNITY! Schedule your showing today!

1606 Fairy Avenue, Panama City

$400,000
3 Beds 2 Baths 782615 MLS
Introducing an exceptionally refined 3-bedroom, 2-bath residence offering 1,407 sq. ft. of impeccably finished, heated and cooled living space in the prestigious, historic Cove neighborhood—just minutes from Downtown Panama City's waterfront, dining, and the renowned St. Andrews Yacht Club. Reimagined with uncompromising craftsmanship, this home has undergone a complete high-end renovation, seamlessly blending timeless character with elevated modern luxury. Every major system has been renewed—including a 2018 Metal Roof, new electrical, new plumbing, and a tankless water heater—providing true peace of mind and effortless, turnkey living. Inside, refinished original hardwood floors set the stage for a sophisticated design palette and curated finishes throughout. The exquisite chef's kitchen features state-of-the-art appliances, premium quartz countertops, and a fire-clay cast-iron porcelain enamel sink with custom accessories. Champagne bronze fixtures add understated elegance, while bespoke Swedish wall murals—artfully installed in the kitchen, bar, and primary bath—introduce a distinctive touch of artistry. All design selections were thoughtfully crafted by the acclaimed 1715 Design Company. The primary suite exudes serenity as a color-drenched retreat, offering a spa-inspired atmosphere enhanced by a marble stone shower floor, refined fixtures, and custom mural work that transforms the space into a private sanctuary. Outside, the property continues to impress with a fully fenced backyard, rear alley access, a detached garage, and a charming playhouse, blending convenience, functionality, and character. Luxury Features & Highlights 3 Bedrooms • 2 Full Baths 1,407Sq. Ft. of Fully Renovated Living Space Refinished Original Hardwood Floors 2018 Metal Roof, Electrical, Plumbing & Tankless Water Heater Premium Quartz Countertops & Champagne Bronze Fixtures Fire-Clay Cast-Iron Porcelain Enamel Sink with Accessories Spa-Caliber Primary Bath with Marble Stone Shower Floor Color-Drenched Primary Suite with Custom Swedish Mural Custom Swedish Murals in Kitchen, Bar & Primary Bath Design by 1715 Design Company Detached Garage & Playhouse • Fully Fenced Yard • Rear Alley Access Prestigious Cove Location Near Downtown & Yacht Club

324 S Palo Alto Avenue, Panama City

$155,000
6 Beds 3 Baths 782546 MLS
CASH ONLY. Pictures are not hiding anything. Welcome to an incredible INVESTMENT opportunity in the heart of The Cove. One of the largest homes in the neighborhood! Priced to sell quickly, this home offers immense potential for those willing to roll up their sleeves and bring it back to life. The property sits on a sizable lot, offering potential for expansion, landscaping, or outdoor entertainment areas. Let your imagination run wild with the possibilities. Discover the untapped potential within the walls of this property. From rehabbing the kitchen to updating the bathrooms, every improvement adds value and increases the potential return on investment. This property is sold AS-IS. This property needs a lot of work. The pictures do not show everything that is needed. Don't miss out on this chance to turn a neglected property into a shining example of homeownership. Showingtime Sq ft approximate. Measuring encouraged.

338 N Bonita Avenue, Panama City

$150,000
3 Beds 1 Baths 782540 MLS
MOVE-IN READY. NO FLOOD INSURANCE REQUIRED. DEEP LOT WITH RECENT UPDATES. Priced at $150,000, this detached three-bedroom, one-bath home at 1332 N Palo Alto Avenue, Panama City, FL 32401 offers a practical option for in-town Panama City living in an established residential setting. Built in 1940 and kept in the same family for generations, it has been a long-term rental—not a quick flip. With 1,134 square feet under roof, it delivers all the essentials without wasted space. A covered front porch, ideal for a rocking chair and morning coffee, leads to the front door, and the concrete driveway provides off-street parking for two vehicles. Inside, the spacious living room opens to the kitchen, with a door separating the bedrooms and bath for added privacy. The laundry room is located at the rear of the home and includes direct access to the backyard. Recent upgrades include new flooring, fresh paint, a 2024 air-conditioning unit, a 2018 water heater, and a 2019 roof—so the major systems are already handled. The home sits on a deep 0.37-acre lot in Flood Zone X, meaning flood insurance is not required by lenders. Conveniently located just minutes from downtown Panama City, shopping, dining, and Ascension Sacred Heart Hospital. All information is deemed reliable but should be verified by the buyer if important.

1332 N Palo Alto Avenue, Panama City

$190,000
2 Beds 1 Baths 782397 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS - Centrally located in the St. Andrews area, this 2-bedroom, 1-bath home offers updated interior finishes and a spacious lot with room for outdoor use. The living and dining spaces feature vaulted ceilings with exposed faux beams and large windows for natural light. Refreshed kitchen cabinets, new countertops, sink, stove, hood, & backsplash add to the upgrades on this home. Both the interior & exterior HVAC units have been replaced in the past 4 years. Both bedrooms offer updated vinyl plank flooring, and the bathroom includes a tiled shower surround and contemporary finishes. The property also includes a covered carport, exterior storage building, and a sizable fenced backyard suitable for a variety of outdoor activities. Solar panels are installed on the home for reduced electrical costs! Conveniently situated near local shops in St. Andrews, parks, both FSU PC & GCSC, plus the Panama City classic Bowlarama, this property provides accessible in-town living with additional yard space not often found in similar areas. Water activities are available both in town & just over the Hathaway Bridge, where the World's Most Beautiful Beaches await. With the Navy Base & Tyndall Air Force Base just a short drive in either direction on Highway 98, you can't beat this location, so don't wait to schedule your tour today! Buyer to verify all measurements, details, and information important to their decision.

1603 Arthur Avenue, 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

$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

$800,000
753891 MLS
Welcome to your prime commercial office space located in the heart of Historic Downtown Panama City! RARE opportunity to be situated in the best block of the historic downtown district, offering a prestigious address and accessibility. Step into the expansive reception area, featuring hardwood floors, brick accent walls, and a charming space to welcome clients and guests. With ten offices and a large conference room, this property provides the ideal space and functionality for your business needs. The hardwood floors extend throughout the main entry, conference room, and offices. Two bathrooms ensure convenience for employees and visitors alike. The office is adjacent and across from popular restaurants, a public park, and public parking. Don't miss the opportunity to establish your business in this prestigious downtown location. Schedule your showing today and experience the endless possibilities of this commercial office space in the heart of Panama City.

213 Harrison Avenue, Panama City

$329,000
3 Beds 2 Baths 763131 MLS
This is the best condo in the complex!! Rare opportunity for a 3 bedroom condominium with waterfront views at Landmark on St Andrew's Bay! Come make this condo your new home and enjoy the coastal lifestyle with beautiful views, great amenities, and an amazing location! You will appreciate all of the upgrades that have been completed, including a kitchen with new cabinetry, butcher block countertops, tiled backsplash and newer appliances, 2 updated and stunning baths, vinyl plank floors throughout, and shiplap accent walls. Located near historic bayfront St. Andrews, you are just a short walk to an array of shopping, dining and beverage options, all surrounded by the bay and bay views. You are also close to take advantage of downtown Panama City, another waterfront destination to enjoy with more dining, shopping, and recreational activities. Enjoy life on St. Andrews Bay and the waterfront lifestyle with endless opportunities for fishing, boating, water sports, and gorgeous views! Landmark on St Andrews Bay features wonderful resort style amenities, including private beach, 2 swimming pools, (1 overlooking St. Andrew's Bay), gym, marina, clubhouse, grill and lovely wakways and lawn area with bay views. Call today to see this great condo! Brand new AC installed 2023.

2100 W Beach Drive Unit N201, Panama City

$755,000
738996 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS!!Historical building located on SW corner of East 4th Street and Luverne in Downtown Panama City. This building is in a prime location for your business. The front glass windows allow for a ton of natural light into the space. This area is zoned Commercial DTD allowing for a variety of uses. Approximately 12,972 SF, which includes 9,600 SF of 1st level GBA. One front side of the building is approximately 3,200 SF h/c space with storage sheds separate entrance, security & gross income of $3,600 per month. Other side could be leased or owner occupied space with approximately 6,400 SF GBA, some heated/cooled; warehouse, etc. Not included in 9,600 SF is the 2nd level loft area or approximately 3,200 SF of space.

102 E 4th Street, Panama City

$160,000
3 Beds 2 Baths 764878 MLS
''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.'' Charming Brick Home with Investment Potential Near Tyndall Air Force Base! Discover an exciting opportunity in Panama City, Florida! This 3-bedroom, 2-bathroom brick home offers solid foundations with a newer roof and a recently upgraded 2-year-old HVAC system, yet it's ready for your personal touch. With some TLC, this property can be transformed into a dream home or a lucrative investment! Situated close to Tyndall Air Force Base, this home is perfect for investors looking to flip for positive equity or for those seeking a valuable addition to their rental portfolio. The huge, fenced-in backyard adds outdoor appeal, making it ideal for families or tenants who appreciate space and privacy. Whether you're a first-time homebuyer ready to renovate or an investor eyeing rental potential, this property's prime location and strong fundamentals make it a can't-miss opportunity. Don't miss out on the chance to unlock this home's full potential—schedule a showing today!

4119 Cherry Street, Panama City

$335,000
3 Beds 2 Baths 762243 MLS
Welcome to this charming cove Cottage, a delightful 3-bedroom gem nestled in the heart of Panama City. This inviting home offers the perfect blend of comfort and convenience, featuring a dedicated office space for your remote work needs and 2 well-appointed bathrooms. Step onto the charming front porch, ideal for morning coffee or evening relaxation. The fenced-in backyard provides privacy and a safe play area, while the screened-in back porch invites you to enjoy outdoor living year-round without the hassle of bugs. Golf cart-friendly roads make exploring the neighborhood a breeze, and you'll love the close proximity to downtown, local parks, and beautiful water views. Whether you're working from home or enjoying the local amenities, this home in the highly sought after cove neighborhood is the perfect base for a relaxed and vibrant lifestyle. This home has an assumable mortgage with a 3.8% interest rate. Come experience the charm and convenience for yourself!

306 N Cove Boulevard, Panama City

$550,000
4 Beds 4 Baths 753302 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'It is our distinct pleasure to present to you with this charming home for sale located at 603 Dewitt Street in the highly sought-after neighborhood of Bunkers Cove. Nestled in a beautiful community, this bungalow-style home boasts 4 bedrooms and 3.5 bathrooms spread across 2300 square feet of living space. From the moment you step through the door, you will feel at home in this one-of-a-kind property. Get ready to be WOWED! This home is not just a house, it is a story waiting to be told. Imagine waking up to the sound of birds chirping and the gentle rustle of trees, as the morning sunlight pours into your vaulted ceiling living space. The open-concept layout is perfect for entertaining guests or spending quality time with your loved ones. With 2 primary suites, each with its own modern and updated bathroom, this home offers privacy and convenience. The entire home has been completely renovated, featuring many custom high-end finishes. But the features of this home do not end there. As you step outside, you will find yourself in your own private oasis. For those who love the outdoors, the spacious driveway is equipped with water and sewer hookups for RVs, making it the perfect spot for adventure seekers. And let's not forget about the in-ground 10 ft X 24 ft sports pool, perfect for cooling off on those hot summer days or for some fun and games with family and friends. Location is everything, and this home is at the heart of it all. Surrounding the property are fantastic amenities such as the Yacht Club, community parks, and golf-cart-friendly streets, providing endless opportunities for outdoor activities. If you're a foodie or enjoy a good shopping spree, you'll love being just a short drive away from downtown Panama City and its array of restaurants and retail options. The 2-car detached garage offers ample space for storage or can be used as a workshop for those who love DIY projects. We may be biased, but this home is truly the ideal home for any buyer. The features of this home appeal to a wide range of buyers, from families looking for a safe and spacious home to young professionals seeking a tranquil retreat from their busy lives. The location also provides easy access to various attractions, making it a perfect home for first-time buyers, retirees, and everyone in between. Don't miss out on this fantastic opportunity to own a piece of paradise in Bunkers Cove. Schedule a viewing today and let us help you write the next chapter in this home's story. Be sure to hurry because this gem won't stay on the market for long. Contact your favorite Agent now to schedule your private tour and get ready to fall in love with your dream home.

603 Dewitt Street, Panama City

$205,000
4 Beds 2 Baths 762769 MLS
So many good things going for this property. Absolutely functional, move in ready home on a quiet street. Flat, clean, grassy 1/3 acre parcel. Good size front and back yard ready for your landscaping and gardening ideas. Has had good maintenance and updating over the years. If you're looking for square footage to comfortably house your family with versatility of layout, you have to check out this floor plan. With the florida room, the converted garage bedroom/master suite/potential efficiency rental, and the oversized detached garage there's possibilities galore! Solid and stable block construction. Updated impact windows, copper water lines, updated main bath with walk in shower. There are no immediate critical needs with this home. Plenty of room to tackle your personalization projects and not be cramped. All of the current functional appliances can stay with the home if interested. Brand new Fully enclosed privacy fence installed. Excellent proximity to TyndallAFB and all the wonderful things available in the area. Parker has excellent parks, fishing, & marina access. Martin Lake is just across the block for catching brim. Come check it out!

4914 Meadow Street, Panama City

$330,000
4 Beds 3 Baths 759299 MLS
>>FRESH<< remodel in Panama City on a HALF acre lot! This spacious home offers modern comfort and style and is located just minutes away from downtown PC, a brand new Publix, and just a short drive to Tyndall Air Force Base or Panama City Beach! Step outside to the covered patio perfect for relaxing, while the expansive fenced backyard offers endless possibilities for outdoor fun or entertaining by the fire pit! Upon entering the front door you will notice the tastefully and modern updated kitchen which features a Spanish style backsplash, brand new pristine countertops, sleek stainless steel appliances, abundant cabinet space, and a kitchen island with a beverage cooler. The open floor plan seamlessly connects the kitchen, dining, and living spaces. With 4 bedrooms and 3 full bathrooms, this home is perfect for family or accompanying guest! Renovations include new plumbing and AC for a worry free transition to your new home! Situated on a spacious lot, this home provides the perfect blend of privacy and community, with easy access to local amenities, top-rated schools, shopping, dining, and entertainment options. This charming family friendly home is priced to sell, schedule your showing today!

3235 Game Farm Road, Panama City

$685,000
4 Beds 2 Baths 762067 MLS
INVESTMENT OPPERTUNITY FOR SALE: PRIME GULF-FRONT BEACH COTTAGE - PANAMA CITY BEACH, FL - DON'T MISS OUT! YEARLY REVENUE PROJECTIONS ARE AT 80K PLUS! This is a once-in-a-lifetime opportunity to own a piece of paradise directly across from the Gulf of Mexico on the highly sought-after Surf Drive in Panama City Beach, FL. This 4-bedroom, 2-bathroom beach cottage is ready for you to move in or rent out immediately - the choice is yours! Situated right across from the sparkling waters of the Gulf of Mexico, Direct access to the pristine sandy beaches that make Panama City Beach a top destination. Sits between Beach access 19 and 20 in the Bel Air subdivision. The massive, sun deck is perfect for entertaining, sunbathing, or simply soaking in the Peak a Boo view of the Gulf, this outdoor space adds significant value and appeal, making it a standout feature in the area. With four generously sized bedrooms and two bathrooms, this cottage provides ample space for family living or vacation rental income. The open-concept design flows seamlessly, creating an inviting atmosphere for all. Turnkey Condition - This home is move-in ready with updated including LVP, Quartz breakfast bar, and modern appliances. Roof was put on in 2018 with self sufficient solar panels, AC and Water heater 2023. Income Potential: Whether you're looking for a family getaway or an investment property, this beach cottage offers incredible rental potential. Located in one of the most desirable spots in Panama City Beach, you can expect high occupancy rates and strong returns. ACT FAST - This Property Won't Last Long! Properties like this don't come around often. If you've been dreaming of owning a beachfront property, now is the time to act. This beach cottage is priced to sell and won't stay on the market for long. Contact us today to schedule a private showing and make this dream home yours before someone else does! CALL NOW - DON'T LET THIS SLIP AWAY! SEE FLOOR PLAN UNDER PICTURES

8318 Surf Drive, Panama City

$360,000
3 Beds 2 Baths 755701 MLS
UNDER CONTRACT- TAKING BACKUP OFFERS. Welcome to your quintessential beach retreat , nestled just minutes from the sparkling shores of the Emerald Coast in PCB. This charming home is situated on a quiet cul-de-sac filled with architectural charm and well established trees- creating the perfect ambiance. This home has been thoughtfully updated to reflect the epitome of coastal living, featuring upgrades throughout that enhance both style and functionality. Step inside to discover new windows that flood the interior with natural light, creating a bright and airy ambiance that invites relaxation. Thoughtful details such as custom acacia countertops in the kitchen to the torched pine shutters that greet you on the front porch. The split floor plan ensures versatility to accommodate every stage of life, whether you are just starting out, thinking of retiring or wanting an investment property. The backyard is fully fenced and is home to a large magnolia tree that offers an abundance of shade. Large planter boxes are ready for any level of gardening! New water installed 2024, HVAC installed 2021. Washer and dryer will convey with purchase. Located minutes away from the PCB VA Clinic, Navy Base, and Bay Pointe Golf Club. With its serene surroundings, convenient location, and coastal charm, this home is your ticket to living the beach life you've always dreamed of...TODAY.

2525 Celia Avenue, Panama City