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

1402 Arthur Avenue, Panama City

$295,000
4 Beds 2 Baths 794297 MLS
!!! Lowered Price!!! Owners motivated to sell! Welcome to 2503 Game Farm Rd, a spacious 4-bedroom, 2-bathroom block home in a convenient Panama City location. The large living and dining area provides plenty of room for family gatherings and entertaining. Tile flooring runs throughout the main living areas, with carpet in the bedrooms for added comfort. The primary bedroom features its own exterior entrance, providing convenient access and added flexibility. The carport includes an enclosed, air-conditioned room that could be used as an office, hobby room, storage area, or additional living space. The durable metal roof was replaced in 2019. Enjoy a spacious backyard with room for outdoor entertaining, gardening, pets, or future improvements. Conveniently located near shopping, dining, schools, and everyday amenities, with easy access to Panama City and surrounding areas. Whether you're looking for a primary residence or investment property, this home offers plenty of space and potential.

2503 Game Farm Road, Panama City

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

405 Hollis Avenue, Panama City

$1,100,000
794261 MLS
The rooftop of the Mashburn Building is available to purchase. Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space will become -'Dat Cajun Pearl - Cafe' & Bar', an upscale New Orleans inspired restaurant brought by the owners of Dat Cajun Place.

436 Harrison Avenue Unit 400, Panama City

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

830 Brandeis Avenue, Panama City

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

1148 Jenks Avenue, Panama City

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

2317 E 3rd Street, Panama City

$649,000
3 Beds 3 Baths 794185 MLS
Looking for Privacy on the water and in the middle of Callaway, this property has 1.49 and 256 Feet Waterfront on Callaway Bayou. This 3 Bedroom 3 Bath home had the pool equipment professionally refurbished in August of 2026, the home needs updating but this is a chance to make your own private oasis close to Tyndall AFB and Downtown Panama City. Water is deep enough to rebuild the dock and have access to the Gulf. There is 10ft-12ft clearance for your boat under the Star Ave bridge depending on tides. The home also has 2 hot water heaters, one by the kitchen and the other next to master bedroom. Metal Roof was replaced in 2019 after Hurricane Michael. The home is located in Flood Zone X. Home is currently on Well and Septic but Public Sewer and Water is available at front of the parcel.

7606 Lilly Street, Panama City

$750,000
3 Beds 2 Baths 794084 MLS
Unique piece of paradise tucked away in a quiet, tranquil neighborhood directly across the bay from Tyndall Air Force Base. This well-maintained and updated 3-bedroom, 2-bath ranch-style home offers a comfortable layout with a separate living room, formal dining room, bonus den, and enclosed heated and cooled sunroom. Oversized laundry room provides storage with easy access. The primary bedroom has a bay view and it's own private entry. The nearly half-acre property features 95 feet of bay frontage with Gulf access, creating the perfect setting for waterfront living. Relax on the deck at the water's edge, fish, watch dolphins play, or simply enjoy the peaceful natural surroundings. A fish-cleaning station is conveniently located at the waterfront. The long driveway and additional parking along the property line provide plenty of space for a boat, jet skis, camper, and other recreational toys. A public boat launch is less than 2 miles away. Solar panels will be paid in full at closing, helping provide the new owners with a lower monthly power bill. Conveniently located just minutes from Tyndall Air Force Base and approximately 15 minutes from downtown Panama City, this property offers the perfect combination of peaceful waterfront living and easy access to shopping, dining, entertainment, and work. Bayfront properties with this much land, parking, and Gulf access are a rare find!

4517 Sunset Drive, Panama City

$435,000
794042 MLS
1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!

922 N East Avenue, Panama City

$339,900
4 Beds 3 Baths 793942 MLS
BACK ON MARKET--NO FAULT OF THE HOME! Steps from St. Andrews Bay! Charming 1941 St. Andrews home offering 2,088 total heated square feet, four bedrooms--including a mother-in-law suite with its own exterior entrance--and 2.5 baths. The home currently uses individually controlled high-efficiency room A/C units with gas heat, allowing occupants to cool individual living areas. Situated on a corner lot beneath mature, moss-draped oaks, the property provides classic Old Florida character. The privacy-fenced yard includes two storage buildings, one previously used as an office. Convenient to the marina, restaurants, shops, Hathaway Bridge, the Navy base, Tyndall AFB, schools, and Panama City Beach. Improvements include a 2023 roof and major electrical and plumbing updates.

1336 Cincinnati Avenue, Panama City

$439,000
1 Beds 2 Baths 793940 MLS
Very rarely available in Seaside Villas! Discover this nicely remodeled one-bedroom, one-and-a-half-bath condominium on the coveted far east end of Panama City Beach--just minutes from St. Andrews State Park. Located on the second floor, this inviting residence offers peaceful Gulf views across the landscaped courtyard and lawn. Seaside Villas is a low-density, Gulf-front community with less than 75 units, offering a quieter alternative to the area's larger condominium towers. Bring your suitcase and start enjoying the beach lifestyle you've been needing. Whether you are seeking a personal getaway, vacation home, or investment opportunity, this turnkey coastal retreat puts you close to the beach, park, dining, boating, and all the best of the east end of Panama City Beach. Ideal as a personal retreat, second home, or vacation-rental opportunity. It's time to exhale, and enjoy the beach life you've been dreaming about. 📍 Far East End, Panama City Beach 🏖️ Walk to St. Andrews State Park 🌴 Quiet, low-density coastal community ✨ Remodeled and move-in ready

4701 Thomas Drive Unit 214, Panama City

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

2117 E 3rd Street, Panama City

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

901 E 2nd Place, Panama City

$299,900
3 Beds 2 Baths 793898 MLS
NEAR HALF ACRE PROPERTY WITH A ''SHE SHED'' & TOOL SHED, BOAT & RV FRIENDLY, PRICED LOW TO SELL QUICK!!! If you're wanting to live in the middle of everything that Panama City has to offer but need space for toys, you have to see this wonderful home! Recently updated 3/2 plus bonus room with nearly 2,000 sqft, a garage, ''She Shed'', tool shed, fully fenced yard, and tons of parking you'll have plenty of privacy, storage, and indoor/outdoor living space. Being in Pretty Bayou, it's perfectly located within walking distance to a public boat ramp and only about 10 minutes to PCB's stunning beaches, St. Andrews, and the best schools/parks/restaurants in the area! Happen to be military? You'll be living 10 minutes from the Navy Base and 25 minutes from Tyndall AFB! NEW WASHER/DRYER CONVEY WITH HOME! PROPERTY FEATURES A TANKLESS WATER HEATER & GAS STOVE. Reach out to us directly or your favorite Realtor for a private showing!

2350 Cincinnati Avenue, Panama City

$399,900
793822 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

$1,120,000
4 Beds 3 Baths 793814 MLS
Poseidon's Palace | Fully Furnished Turnkey Waterfront Living with Direct Access to St. Andrews Bay & the Gulf of Mexico Experience the very best of waterfront living at Poseidon's Palace, a fully furnished, turnkey North Lagoon retreat where luxury, recreation, and income-producing opportunity come together. Whether you're searching for a stunning primary residence, an unforgettable second home, or a proven income-producing vacation rental, this exceptional property offers a rare combination of modern upgrades, resort-style amenities, and an unbeatable coastal lifestyle. Perfectly positioned on North Lagoon, you'll enjoy direct boating access to St. Andrews Bay and the Gulf of Mexico from your private dock, making it easy to spend the day fishing, paddleboarding, kayaking, cruising to Shell Island, or arriving by boat at some of Panama City Beach's favorite waterfront restaurants. After a day on the water, unwind in the heated pool, soak in the year-round hot tub, or relax beneath the oversized covered patio overlooking your private waterfront oasis. Thoughtfully renovated with quality and craftsmanship throughout, the home underwent an extensive transformation in 2022 featuring a beautifully redesigned kitchen, fully renovated bathrooms, new luxury vinyl plank flooring throughout, fresh interior and exterior paint, new doors and hardware, recessed lighting, and a completely rebuilt dock. In 2023, the home was further enhanced with two new HVAC systems, a resort-style pool with an app-controlled gas heater, expansive paver pool deck, oversized covered patio, and a large composite waterfront deck designed for entertaining and maximizing the incredible outdoor living experience. Additional upgrades include a tankless water heater and commercial-size refrigerator and freezer, providing exceptional functionality for everyday living or hosting large gatherings. Designed to comfortably accommodate large families and groups, the spacious floor plan offers generous indoor and outdoor gathering spaces that seamlessly blend comfort, style, and functionality. Whether you're hosting unforgettable summer barbecues, watching breathtaking sunsets from the dock, enjoying evenings beneath the string lights, or simply relaxing by the water, every detail of this home was designed to embrace the very best of waterfront living. Ideally located just minutes from the white-sand beaches of Panama City Beach, marinas, shopping, dining, entertainment, and St. Andrews State Park, you'll enjoy the perfect balance of peaceful waterfront living with convenient access to everything the Emerald Coast has to offer. An equally compelling opportunity for investors, this home has an established track record of outstanding short-term rental performance, generating approximately $152,000 in gross rental revenue in 2024 and $170,000 in 2025. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. Complete rental history and financial information are available upon request. Every major improvement has already been completed, allowing the next owner to simply arrive, embrace the waterfront lifestyle, and begin creating unforgettable memories--or continue the home's proven success as one of Panama City Beach's premier waterfront vacation rentals. An equally compelling opportunity for investors, Poseidon's Palace has an established history as a high-performing vacation rental, generating over $322,000 in gross revenue over the past two full calendar years. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. A detailed Property Performance & Investment Package is available upon request for qualified buyers.

8829 N Lagoon Drive, Panama City

$399,000
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

$270,000
3 Beds 3 Baths 793759 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior. Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest. Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and with ½ mile to Hwy 98. Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.

5012 Lake Drive, Panama City

$1,250,000
3 Beds 3 Baths 793754 MLS
CURRENTLY UNDER CONTRACT- SELLER WILL CONSIDER BACKUP OFFERS Experience waterfront living at its finest in one of Panama City's most sought-after neighborhoods. Nestled in tranquil Bunkers Cove, this beautifully maintained 3-bedroom, 3-bath home offers breathtaking bay views, direct waterfront access, and endless opportunities to enjoy the coastal lifestyle. Thoughtfully remodeled in 2020, the home blends modern updates with timeless waterfront charm. A 2019 roof provides added peace of mind, and the HVAC system was professionally serviced on July 21, 2026, making this home move-in ready. Spacious living areas are designed to maximize the stunning water views, creating the perfect setting for relaxing evenings or entertaining family and friends. Conveniently located just minutes from downtown Panama City, hospitals, shopping, dining, and a short drive to the World's Most Beautiful Beaches, this property offers the perfect balance of peaceful bayfront living and everyday convenience.

510 Bunkers Cove Road, Panama City

$115,000
3 Beds 1 Baths 793745 MLS
OPPORTUNITY AWAITS AT 1109 CYPRESS AVENUE! Situated on an oversized lot in an established Panama City neighborhood, this property offers a unique opportunity for a builder, investor, or buyer looking to create something of their own. The previous home was damaged by fire and is being sold in its current condition, with the existing foundation and portions of the framing remaining. The real value here is in the possibilities! The generously sized lot offers significantly more space than many surrounding properties, providing an excellent canvas for rebuilding, redesigning, or starting fresh, subject to applicable zoning and building requirements. Conveniently located near Historic St. Andrews, St. Andrews Marina, Oaks by the Bay Park, local restaurants, shopping, and waterfront activities along St. Andrews Bay. Downtown Panama City, schools, everyday conveniences, and major roadways also nearby. Whether you're searching for your next investment project or a homesite with room to bring your vision to life, 1109 Cypress Avenue offers location, lot size, and potential that are hard to overlook. Property is being sold AS-IS. Buyer to verify all measurements, zoning, building requirements, and feasibility of existing improvements.

1109 Cypress Avenue, Panama City

$799,000
3 Beds 3 Baths 793702 MLS
Experience the best of waterfront living on one of Panama City's most desirable streets. Nestled along the iconic Beach Drive and directly overlooking the sparkling waters of St. Andrews Bay, this beautifully maintained 3-bedroom, 2.5-bath residence offers the perfect blend of timeless charm, comfort, and an unbeatable coastal lifestyle. Wake up each morning to breathtaking sunrises over the bay, spend your afternoons enjoying the water, and unwind each evening with spectacular views from the comfort of your own home. Inside, you'll find over 1,700 square feet of thoughtfully designed living space filled with natural light and character. The welcoming floor plan offers spacious living and dining areas ideal for entertaining, while large windows throughout the home showcase picturesque water views and create a bright, inviting atmosphere. The well-appointed kitchen provides ample cabinetry and workspace, making meal preparation effortless whether you're hosting guests or enjoying a quiet evening at home. The primary suite offers a relaxing retreat complete with a private bathroom and access to its own patio, while two additional bedrooms provide flexibility for family, guests, or a home office. The home has been thoughtfully updated for comfort and efficiency, with recent spray foam insulation throughout, a roof replaced in 2018, all-new tankless gas water heaters, and a new AC unit -- giving buyers peace of mind with major systems already handled. Step outside and discover what truly makes this property special. Enjoy multiple outdoor living areas including a covered front porch overlooking the bay and a private side patio perfect for grilling, entertaining, or simply relaxing with your morning coffee. The fenced backyard offers privacy, mature landscaping, a shallow well pump for irrigation, and a detached workshop that provides endless possibilities for storage, hobbies, or a dedicated workspace. From your private dock, you'll have direct access to St. Andrews Bay, making it easy to spend the day boating, fishing, paddleboarding, or kayaking while enjoying everything Florida's Emerald Coast has to offer. The property also comes with an approved DEP permit to extend the dock from 850 square feet to 1,558 square feet, complete with water and power supply at the dock -- a rare opportunity to expand your waterfront access. Situated just minutes from Historic Downtown Panama City, St. Andrews Marina, waterfront restaurants, boutique shopping, parks, and local entertainment, this exceptional property combines peaceful waterfront living with the convenience of nearby amenities. Whether you're searching for a full-time residence, a second home, or a rare waterfront investment opportunity, 2400 W. Beach Drive offers an incredible lifestyle in one of Bay County's most sought-after locations. Don't miss your opportunity to own this remarkable waterfront property where stunning views, private waterfront access, and classic Florida charm come together to create a place you'll be proud to call home.

2400 W Beach Drive, Panama City

$850,000
793611 MLS
Seize the opportunity to own a premier commercial property situated on a high-traffic corner lot along the bustling Highway 98 in Panama City. With 125 feet of prime frontage and a substantial property depth of 300 feet, this CG-2 zoned lot is located in one of the highest volume traffic count areas, boasting an average daily traffic count of close to 40,000. The site covers a little under 1 acre and offers unparalleled visibility and accessibility for any business. The property features a well-appointed lounge interior with a stunning 30-foot solid wood bar that is stained, sealed, and fully equipped with all necessary amenities. The exterior deck area, spanning 1,184 square feet, offers a versatile space for outdoor events or dining. This property also boasts modern infrastructure with significant recent upgrades: the roof was replaced in 2018, one air conditioning unit was replaced in 2021, and the other in 2023. Additionally, the main waterline and sewer line to and from the building were replaced in 2022. This could be an unbelievable redevelopment site, as the majority of the property is cleared. Perfect for retail, office, or service-oriented businesses seeking a high-profile location with substantial amenities, this is a prime opportunity to enhance your business presence in a thriving commercial area.

1623 W 15th Street, Panama City

$575,000
5 Beds 5 Baths 793604 MLS
Welcome to this exceptional waterfront property located in Panama City, offering a unique blend of comfort, convenience, and coastal living. This home features a spacious circular driveway providing plenty of parking and a welcoming entrance. Enjoy the convenience of a 3-car garage with ample space for vehicles, storage, and hobbies. Outdoor living takes center stage with a private deck overlooking the water, creating the perfect setting for relaxing, entertaining, or enjoying beautiful Florida sunsets. The private boat dock provides easy access for boating enthusiasts and those looking to embrace the waterfront lifestyle. With its desirable location, impressive outdoor features, and thoughtful amenities, this property offers a rare opportunity to enjoy the best of Panama City living. Don't miss the chance to make this waterfront retreat your own.

2402 E 2nd Court, Panama City

$599,000
3 Beds 2 Baths 793548 MLS
Experience true Florida waterfront living in this beautifully updated 3-bedroom, 2-bath home offering unobstructed views of Parker Bayou at the mouth of Pratt Bayou. Situated on a corner lot at the end of W. Park Street, this charming home blends classic Florida character with modern updates and features water views from most rooms, a spacious family room, Florida room, open kitchen with a stunning 5x10 granite island, custom glass cabinetry, and a large dining area perfect for entertaining. Outside, enjoy your private 40-foot dock, private beach, and direct access to the bay for boating, fishing, paddleboarding, or a quick ride to Shell Island or Bayou Joe's. Watch dolphins and pelicans from your backyard while taking in spectacular sunsets. Conveniently located near parks with pickleball and tennis courts, shopping, dining, schools, Tyndall Air Force Base, Northwest Florida Beaches International Airport, and just 30 minutes from Panama City Beach, this exceptional waterfront property is ideal as a primary residence, second home, or vacation getaway.

4700 E 6th Street, Panama City

$299,900
2 Beds 1 Baths 793499 MLS
This updated Florida cottage offers comfortable coastal living in the heart of Beach Drive/Lake Caroline area. Located a short walk or golf cart ride from Beach Drive beaches and local St Andrew's shopping and dining, the property combines a classic look with extensive modern updates. The home sits on a rare, large lot of nearly half an acre, providing plenty of space for future additions, a pool, or new construction.The interior has been fully updated for turn-key convenience. Features include refinished original hardwood floors with a durable polyurethane finish, brand-new ceilings in all rooms, and custom built-in bookshelves next to the fireplace. The kitchen includes new custom wood cabinets, and the master suite features a cedar-lined closet. Additional living spaces include a sunlit Florida room and a utility room, both upgraded with new tile flooring.Every major home system and structural component has been replaced or updated for peace of mind. The exterior features a brand-new roof with all underlying wood replaced, 30-year warranty shingles, new windows, and new doors. Inside the walls, the home has been fully re-wired and completely re-piped with flexible water lines. Comfort and utility are handled by a new high-efficiency A/C unit with a heat pump installed in January 2026, a recently replaced water heater, a new storage shed, and a full irrigation system powered by a brand-new 2026 well pump. This property offers a rare combination of a prime St. Andrews location and completely updated, low-maintenance systems.

1703 W 10th Street, Panama City