Refine Search
Map
Sort by
$299,900
791813 MLS
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS***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

Panama City
$724,900
791810 MLS
3500 Square feet of retail/restaurant/etc. space on the busy corner of Harrison and 6th Streets right where the bustling downtown starts! It's a beautiful brick building which currently has 8 murals by some of Panama City's best artists. Inside are natural brick walls in the first area as you walk in and painted white in the secondary area. There are two bathrooms, an office space (currently used and set up as a secondary kitchen), full kitchen with commercial vent hood, walk-in cooler and extra storage space with double doors leading to the alley for receiving freight. THIS LISTING IS FOR THE BUILDING ONLY. FF&E (Shelving/Coolers/Freezers/Tables & Chairs, etc.) are not part of the transaction but can be purchased as well. Kitchen hood and walk-in freezer are included since they are permanent and go through the ceiling/roof. This is a prime Opportunity Zone property and won't last long! Seller is a Realtor Business currently located at this address (Ocean Oriental Market) is also for sale)

571 Harrison Avenue, Panama City
$1,500,000
791716 MLS
Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes

810 E 25th Street, Panama City
$385,000
3 Beds ⋅ 2 Baths ⋅ 791640 MLS
Welcome to your new home! This beautifully updated older home exudes charm while offering modern conveniences. Nestled just one block back from the iconic historical Beach Drive in Panama City, this property boasts a remarkably large yard surrounded by lush greenery, providing a serene escape right at your doorstep with views of the bay! This home is perfectly situated between St. Andrews and Downtown Panama City...making your options for shopping, entertainment, dining and more endless! Step inside to discover a thoughtfully updated interior that retains its original character. The spacious layout features a generous flex space that can serve as an office, an extra living room, or a bedroom, adapting to your lifestyle needs. Additionally, the plumbing, AC, roof and windows have all been updated ensuring peace of mind for years to come! Enjoy the perfect blend of vintage charm and contemporary living in a location that captures the essence of coastal life. Don't miss the opportunity to make this enchanting home yours!

901 Fairy Avenue, Panama City
$260,000
3 Beds ⋅ 2 Baths ⋅ 791598 MLS
This 3 bedroom 2 full bath with a nice size fenced in backyard is ready for you. Home Featuring Beautiful Crown molding, Granite Countertop, Plenty Cabinet, Porcelain and Ceramic Floor. Convection Oven Self cleaning & quick. Roof was Installed April 19, 2024. Nice French door to go out to an open Patio. It has 2 large storage unit. 10 Minutes to Tyndall AFB close to Public boat ramp. Best thing is NO HOA . 25 Minutes to Navy Base on Thomas Drive. Items Do not Conveying with sales : Picture Frames, Painting and all wall decorations. Front Door Security device, Curtains, curtains rods, All Furnitures, All owners personal belongings, all potted plants, Bench on Porch All Carts. Conveying with Sales: office desk furniture and exterior DVR outside security system wiring.

523 Shade Street, Panama City
$145,000
3 Beds ⋅ 1 Baths ⋅ 791578 MLS
This 3 bedroom 1 full bath home is priced to be sold quickly. Perfect opportunity for a 1st time home buyer, or investment rental property. Charming & centrally located within 15 minutes of Tyndall Air Force Base and less than 30 min from the sugar-white sands of Panama City Beach or Mexico Beach. Home is close to schools, Walmart and restaurants. Home offers a good size kitchen with plenty of cabinetry, ample living room and 3 bedrooms with closets. You also have a laundry room inside the home. The exterior offers a partial fenced backyard with a attached carport for two cars and storage shed. Neighborhood is extremely quiet and homes are well kept up. Buyer and Buyer's agent to verify all information and measurements.

907 Forestdale Avenue, Panama City
$695,000
791536 MLS
Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating approximately $83,460 in gross annual income. Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings, all with newer 30-year dimensional shingle roofs installed in 2019. The primary residence has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rented for $1,100/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property.

Panama City
$233,000
3 Beds ⋅ 2 Baths ⋅ 791515 MLS
MOTIVATED SELLER, PRICE IMPROVEMENT! **Seller also open to contributing toward buyer closing costs with acceptable offer. Nestled in the heart of Panama City's historic St. Andrews neighborhood, this classic 1950s ranch-style home at 1409 Arthur Ave offers the perfect blend of coastal living and investment opportunity. Featuring a highly functional 1,068 sq. ft. layout, this property is a rare find: it is situated in a Residential Single-Family (R-1) zone that explicitly allows short-term vacation rentals under City of Panama City guidelines! Walk or bike to the vibrant St. Andrews marina, eclectic local dining, craft breweries, and popular waterfront parks. The home boasts a deep lot with plenty of room for outdoor entertainment or future expansions. Whether you are looking for an affordable primary residence, a coastal weekend getaway, or a rental investment, you can't beat this home's location or value.

1409 Arthur Avenue, Panama City
$242,000
3 Beds ⋅ 2 Baths ⋅ 791436 MLS
PRIME CORNER LOT • UPDATED SYSTEMS • INVESTOR FRIENDLY. Welcome to this exceptional corner-lot property ideally located just minutes from Historic St. Andrews, St. Andrews Bay, Downtown Panama City, shopping, dining, parks, and top-rated schools. Offering over 1,500 square feet of well-maintained living space, this move-in-ready home combines flexibility, location, and income-producing potential. Featuring two separate entrances, ample parking, and a versatile floor plan, the possibilities are endless for homeowners, investors, or those seeking additional space to customize. Recent improvements include a NEW A/C system, NEW water heater, remodeled kitchen, metal roof, and durable concrete block construction. The home's flexible layout offers opportunities for a home office, bonus room, guest space, or potential additional bedroom. Situated on a fully fenced corner lot, this property stands out as an excellent option for primary residence, vacation home, short-term rental, or long-term investment property. With no HOA restrictions and both short-term and long-term rentals allowed, this is a rare opportunity to maximize value in one of Panama City's most convenient locations. Whether you're searching for your next home or your next investment, this property offers the perfect combination of comfort, flexibility, and location. Don't miss your chance to own a property with unlimited potential just moments from the water, Historic St. Andrews, and everything Panama City has to offer!

1609 W 13th Street, Panama City
$850,000
3 Beds ⋅ 2 Baths ⋅ 791394 MLS
Rare Opportunity, 3.94 acres, zoned R-1 and R-2 available for development. Fixer-upper home is on the property. Home has new roof installed after Hurricane Michael. City water and sewer available. Close to the water for fishing and boating. Close to schools, shopping, grocery, restaurants, and Gulf Coast Regional Medical Center.

5 Sewanee Circle, Panama City
$550,000
4 Beds ⋅ 3 Baths ⋅ 791285 MLS
THE ST. ANDREWS SANCTUARY: COASTAL CHARM. EXTRAORDINARY SPACE. Imagine spending Saturday mornings beneath centuries-old oak trees at the local farmers market, enjoying fresh-catch seafood along the waterfront, and returning home to a residence that feels like your own private retreat. Nestled within St. Andrews on the Bay, one of Panama City's most beloved waterfront communities, this meticulously maintained home offers something increasingly difficult to find...space that truly lives large. From the moment you step inside, the scale is undeniable. Soaring vaulted ceilings accented by rich exposed beams create an atmosphere that is both warm and impressive, while expansive living and entertaining spaces provide room for everything from intimate gatherings to holiday celebrations. At the heart of the home, a sprawling wraparound kitchen peninsula That naturally draws family and friends together, complemented by a wet bar designed for effortless entertaining. The owner's retreat is far more than a bedroom...it's an entire private wing dedicated to comfort and relaxation. Generously sized and thoughtfully designed, this exceptional sanctuary features private patio access, a cedar-lined walk-in closet, oversized walk-in shower, bidet, and a massive jetted soaking tub that transforms everyday living into a spa-like experience. While the primary suite steals the spotlight, the home also offers three additional generously sized bedrooms, providing flexibility for family, guests, hobbies, a home office, or multi-generational living. The thoughtful floor plan allows everyone to enjoy their own space while still maintaining a strong connection to the home's expansive gathering areas. This home's beauty is matched by the care it has received. Recent improvements include complete interior and exterior painting, a new HVAC system installed in 2023 for the front part of the home, and a second HVAC replacement in 2025 for the master suite wing, offering valuable peace of mind for years to come. Practicality meets convenience with an oversized laundry and utility room/mud room providing direct access from the garage, creating the ideal transition space for daily living. Step outside and discover yet another reason this property stands apart. The meticulously maintained grounds create a private backyard retreat designed for both relaxation and entertaining. Accessible from multiple areas of the home, the outdoor living spaces flow naturally from indoors to out, encouraging year-round enjoyment of Florida's coastal climate. The screened patio offers a comfortable extension of the home's living space and even includes a full counter prep area and sink, making outdoor dining, entertaining, gardening, and cleaning the day's catch remarkably convenient. Whether enjoying a quiet morning coffee, hosting family gatherings, or simply unwinding beneath the evening sky, the outdoor spaces feel every bit as inviting as the interior. Yet perhaps the home's most compelling feature lies beyond its walls. Located in the heart of historic St. Andrews, this vibrant waterfront community blends small-town charm with coastal sophistication. Enjoy walkable access to waterfront restaurants, local boutiques, marinas, community festivals, and the beloved weekly farmers market at Oaks by the Bay Park. Once a historic fishing village, St. Andrews has evolved into one of the region's most sought-after neighborhoods while preserving the character and sense of community that make it so special. This isn't simply a home, it's an opportunity to embrace one of Panama City's most treasured waterfront lifestyles.

1605 Louise Avenue, Panama City
$279,000
3 Beds ⋅ 1 Baths ⋅ 791192 MLS
RARE 2.99% ASSUMABLE VA LOAN available to qualified buyers. Welcome to this classic brick home in the Cove, filled with natural light, hardwood floors, and the timeless appeal that makes this neighborhood so special. - Classic brick home - Hardwood floors - Large lot, partially fenced - Rear alley access for convenient boat parking and storage - Single car garage with additional storage - No HOA - Bright, airy interior filled with natural light - Minutes from historic downtown Panama City with dining, shopping and local events With its blend of space, location, and timeless appeal, this Cove home offers a rare opportunity to enjoy one of Panama City's most desirable neighborhoods.

111 N Marie Drive, Panama City
$485,000
4 Beds ⋅ 3 Baths ⋅ 791124 MLS
***Seller is offering a $10,000 incentive for buyer to use however they would like!*** Welcome to 1809 DeWitt Street, where timeless Cove charm meets modern luxury. Perfectly positioned to capture stunning protected water views, this 4 bed 3 bath completely reimagined ranch-style home offers a rare opportunity to enjoy one of Panama City's most sought-after neighborhoods without compromise. Every inch of this home has been thoughtfully renovated with an emphasis on quality craftsmanship, elegant finishes, and effortless everyday living. From the moment you arrive, you'll appreciate the attention to detail that transforms this property from simply updated to truly exceptional. Inside, you'll find bright, inviting living spaces designed to maximize both comfort and style. The seamless blend of modern finishes and classic character creates a warm, welcoming atmosphere that feels instantly like home. Whether entertaining guests or enjoying a quiet evening overlooking the water, every space has been carefully curated to showcase the home's unique setting. One of the property's most remarkable features is its protected water view--an increasingly rare amenity that provides a picturesque backdrop and a sense of tranquility that few homes can offer. Enjoy morning coffee as the sun rises over the water or unwind in the evening while taking in the peaceful scenery that makes this location so special. Adding to the property's versatility is a detached climate-controlled storage building, offering endless possibilities as a workshop, hobby space, home office, fitness room, studio, or secure storage for valuable belongings. Having heated and cooled flex space separate from the main residence is a rare and highly desirable feature that enhances both functionality and value. Located in the heart of The Cove, residents enjoy one of Panama City's most beloved neighborhoods, known for its mature trees, waterfront parks, golf-cart-friendly streets, and close proximity to downtown St. Andrews, marinas, dining, shopping, and entertainment. Opportunities to own a fully renovated home with enduring water views, flexible bonus space, and the unmatched lifestyle of The Cove are exceptionally rare. This is more than a home--it's a lifestyle.

1809 Dewitt Street, Panama City
$85,000
3 Beds ⋅ 1 Baths ⋅ 791088 MLS
ATTENTION INVESTORS, LANDLORDS, or REHABBERS!! Check out this 3 bedroom, 1 bath home just a short walk from Historic Downtown Panama City Florida and famous Beach Drive. This home has withstood the test of time and with a lttle bit of work and imagination the possibilities are endless. The ''bones'' of the home are solid and it had a new roof and some attention after 2018. It would not take alot to make this THE downtown cottage! Call your favorite Realtor today.

726 Mulberry Avenue, Panama City
$2,850,000
4 Beds ⋅ 5 Baths ⋅ 791000 MLS
Experience timeless elegance and waterfront serenity in this extraordinary Mediterranean-inspired estate, perfectly positioned on a sprawling bayfront lot. From the moment you arrive, the home's graceful arches, warm architectural details, and inviting courtyard create an unforgettable first impression, setting the stage for a lifestyle defined by beauty, comfort, and coastal charm. Inside, the residence unfolds with refined sophistication. A spacious living room anchored by a stunning fireplace opens to breathtaking bay views, creating the perfect setting for both relaxed evenings and elegant entertaining. The formal dining room showcases exquisite custom plaster-finished walls, offering a rich and artistic backdrop for memorable gatherings. At the heart of the home, the chef's kitchen is as functional as it is beautiful, featuring a striking brick accent wall, double ovens, a gas range, and an oversized island with a butcher block top. Sunlit and inviting, the eat-in kitchen overlooks both the tranquil koi pond and the sparkling bay beyond, seamlessly blending indoor and outdoor living. Just off the kitchen, a cozy sitting room with its own fireplace provides the perfect retreat for quiet mornings or intimate conversations. The thoughtfully designed split floor plan offers privacy and comfort, highlighted by a luxurious master suite that includes a rare original 1940 greenhouse feature, adding a touch of history and charm. The spa-like master bathroom invites relaxation with a large soaking tub, separate shower, and an expansive walk-in closet. Three additional bedrooms, each with their own full bathrooms, ensure comfort for family and guests alike, with one guest suite featuring its own fireplace for added warmth and character. A gallery-style hallway runs through the home, offering the perfect space to display art and personal collections. Outdoors, the property transforms into a true private oasis. Multiple water features, including a beautifully stocked koi pond, create a peaceful, resort-like atmosphere. The custom covered patio and pergola with an outdoor fireplace and built-in grilling area make entertaining effortless, while the expansive lawn stretches to the water's edge, complete with a seawall and direct bay access. Adding a sense of fun and uniqueness, the grounds also feature a zip line and a custom playhouse, making this estate as playful as it is luxurious. Blending classic Mediterranean architecture with modern comforts and unparalleled waterfront living, this one-of-a-kind property offers a lifestyle that is both elegant and unforgettable. Whether enjoying quiet sunsets over the bay or hosting gatherings under the stars, this home is a rare opportunity to own a true coastal masterpiece.

518 Bunkers Cove Road, Panama City
$80,000
3 Beds ⋅ 1 Baths ⋅ 790934 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.Investor special with tremendous potential in a convenient Panama City location. Situated on a generous .293 acre lot this 3 bedroom 1 bath home offers approximately 1760 square feet and is ready for renovation, restoration or redevelopment. Located near schools, shopping, dining and major thoroughfares the property presents an opportunity for investors, builders, or buyers seeking a project. Property is As Is due to property condition, including suspected mold, interior access may be limited. Buyer to verify all information including measurements, zoning, permitted uses, and all development requirements.

3014 Selma Avenue, Panama City
$215,000
2 Beds ⋅ 1 Baths ⋅ 790895 MLS
Opportunity awaits at 2604 West 10th Street in Panama City, Florida! Conveniently located near shopping, restaurants, schools, parks, medical facilities, and just a short drive from the area's beautiful beaches and waterfront attractions, this property offers both location and potential. The home features updated heating and cooling systems installed in 2021, providing added comfort and peace of mind. Additionally, this property also offers 2 storage sheds, a garden area, a screened in porch along with a front porch that feels like it was just meant to be! What truly sets this property apart is the incredible value of sitting on three separate lots, creating a rare opportunity for investors, builders, or buyers looking for additional space and future possibilities. Whether you're seeking a primary residence, an investment property, or a development opportunity, this versatile property offers endless potential in a highly desirable Panama City location!

2604 W 10th Street, Panama City
$435,000
3 Beds ⋅ 2 Baths ⋅ 790840 MLS
This charming beautifully updated 3-bedroom, 2-bath block home offers the perfect blend of character, comfort, and durability. Located in the highly desirable Cove area, you'll enjoy close proximity to the Yacht Club, top rated schools, parks, waterfront attractions, dining, and all that this beloved neighborhood has to offer. The backyard features a charming private courtyard garden area, offering a serene outdoor oasis with plenty of privacy, also this home features thoughtful updates to include new impact windows, tile flooring, new HVAC, counter tops and more, while maintaining the timeless charm and appeal, providing a strong and reliable foundation for years to come. Whether you're relaxing at home, taking a stroll though the neighborhood, or enjoying what this exceptional location has to offer, you will find this is more than a home it's a life style. All measurements are to be verified by buyer.

523 S Bonita Avenue, Panama City
$395,000
2 Beds ⋅ 2 Baths ⋅ 790809 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Well-maintained and extensively renovated home located in the desirable Biltmore Beach area near Grand Lagoon, marinas, restaurants, shopping, and the Gulf of Mexico. This move-in ready property offers a comfortable blend of updated living space, flexibility, and functionality. The home has undergone substantial improvements and reflects exceptional pride of ownership throughout. Buyers will appreciate the updated interior, attractive finishes, and overall condition of the property. A unique feature is the detached auxiliary building, providing a variety of potential uses including a workshop, hobby room, home office, guest space, man cave, or mother-in-law suite - includes 3/4 bathroom. A separate storage building offers additional room for tools, lawn equipment, or recreational gear. The fenced yard, outdoor living areas, sprinkler system, and additional improvements add to the property's overall appeal and usability. Whether you're looking for a primary residence, second home, or investment property, this home offers features that are not commonly found in similar properties. Conveniently located just minutes from public boat ramps, fishing, beaches, dining, and entertainment. An excellent opportunity to own a versatile property in one of Panama City Beach's most established neighborhoods. The approximate heated and cooled area of 1,440 square feet includes about 1,056 square feet in the main residence and about 384 square feet in the detached multi-purpose building. Thank you for considering this home!

3608 Biltmore Drive, Panama City
$220,000
3 Beds ⋅ 2 Baths ⋅ 790742 MLS
(CURRENTLY UNDER CONTRACT- SELLER WILL CONSIDER BACK-UP OFFERS) Welcome home to this charming Florida Cottage where timeless farmhouse character meets cozy cottage-core appeal. Offering 3 bedrooms, 2 full bathrooms, ample parking, and a spacious yard, this inviting property is full of charm and opportunity. Step inside and discover a home that blends functionality with cozy comfort. As you enter the living room, you'll find two bedrooms and a full bath off to your right. Down past the kitchen lies another spacious bedroom, flex space for additional dining, an office, or even a sweet playroom with the laundry room adjacent. Theres also an additional full bath with a beautifully tiled shower and separate toilet/sink closet. Whether you're looking for a primary residence or an investment opportunity, this property offers flexibility to fit your needs. Located less than one straight walking mile from Downtown Panama City, you'll enjoy easy access to local restaurants, shops, waterfront attractions, community events, and all the charm that Historic Panama City has to offer. From morning coffee on the porch to evening strolls downtown, this home captures the best of small-town coastal living. Don't miss your chance to own a slice of classic Florida charm in an unbeatable location! Come check it out!

1115 Mckenzie Avenue, Panama City
$340,000
3 Beds ⋅ 2 Baths ⋅ 790722 MLS
Rare opportunity to own a spacious home on an oversized corner lot with NO HOA! If you've been searching for room to spread out, park your toys, and enjoy your property without restrictive HOA rules, this is the one. Situated on a massive corner lot in the heart of Panama City, this property offers endless possibilities. Bring your RV, boat, work trailer, or outdoor hobbies--there's plenty of room for it all. In addition to the attached one-car garage, the driveway provides parking for up to six vehicles, and the fully fenced backyard is easily accessible through two separate double gates located on both the front and side of the property. This convenient setup provides exceptional access for RVs, boats, trailers, recreational vehicles, equipment, or future backyard projects. A gated parking area within the yard offers additional flexibility and storage options. Inside, you'll find generously sized rooms throughout, creating a comfortable and functional layout. The spacious primary suite features a walk-in closet and private bath. The kitchen offers a large pantry, abundant storage, and a sink overlooking the backyard so you can enjoy views of your outdoor space while preparing meals. Luxury vinyl plank flooring runs throughout most of the home, with carpet in the primary bedroom and one additional bedroom. Step outside to enjoy the large covered patio overlooking the expansive backyard which is perfect for entertaining, relaxing, gardening, or creating your dream outdoor oasis. Conveniently located near shopping, dining, schools, and everyday amenities, this property combines space, flexibility, and freedom in a location that's hard to beat.

3140 Douglas Road, Panama City
$578,000
6 Beds ⋅ 6 Baths ⋅ 790574 MLS
Serious price improvement. The numbers make great sense, solid ROI. Add to your portfolio today! Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged

116 Springfield Avenue, Panama City
$578,000
790575 MLS
Serious price improvement. The numbers make great sense, solid ROI. Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged

116 Springfield Avenue, Panama City
$127,000
2 Beds ⋅ 2 Baths ⋅ 790561 MLS
Welcome to your next great project in one of Panama City's most convenient neighborhoods! This charming two-bedroom, two-bathroom home offers 1,238 square feet of living space just waiting for someone with a little vision and a lot of enthusiasm. Featuring 2 bedrooms , 2 bathrooms , a bonus room with sliding glass doors and a side exit -- perfect for a home office, art studio, or that gaming cave you've been dreaming about. The bones are here, and the potential is enormous. Whether you're looking for an affordable entry point or ready to add value, this property is calling your name. Location is where this home really shines. You're just minutes from HCA Florida Gulf Coast Hospital , Walmart Supercenter is right down the road for all your shopping needs, and Gulf Coast State College is a short drive away. Feeling adventurous? St. Andrews State Park is close enough for weekend beach days without the tourist-town price tag. Plus, Northwest Florida Beaches International Airport keeps you connected to everywhere else when the travel bug bites. The neighborhood offers that easygoing Florida vibe with established homes and friendly streets. This is the kind of area where you wave at your neighbors and actually mean it. Opportunities like this don't stick around long in today's market. Grab your imagination and come take a look before someone else beats you to it! Don't miss out on this opportunity to make it your own! Property is being sold AS-IS. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*

1914 Calhoun Avenue, Panama City
$2,000,000
4 Beds ⋅ 3 Baths ⋅ 790541 MLS
LARGE LOT ON THE GULF. 60 Feet directly on the Gulf. Most of the gulf front lots are 50 but this is 60 feet . This property is located next to 12 large homes built in the last few years. What makes this property special is that most of the new gulf front homes built on Surf Drive are built on 45 of Gulf frontage, THIS PROPERTY HAS 60 FEET OF GULF FRONTAGE. This is an original Florida beach cottage that has so much history and wonderful memories. It was one of the first to be built on Surf Drive. It can certainly be used as is but needs updating. Obviously, what makes this property so valuable is the fact that it is one of the largest gulf front lots in all of Panama City Beach. It is located on the east end of PCB on Surf Drive. Surf Drive is one of the most sought after locations as 12 large gulf front homes have been built next to this property in the last 5 years or so. IT IS WITHIN WALKING DISTANCE OF THE NEW WORLD FAMOUS TOOTSIES. It is less than 10 minutes to all of the marinas on Navy Blvd. St Andrewes State Park is only 5 miles away. This property is close to many restaurants, entertainment venues and golf courses.

8301 Surf Drive, Panama City
$340,000
2 Beds ⋅ 3 Baths ⋅ 790489 MLS
1931 bungalow with Grandmillennial style! Both Southern charm and Florida flare. 2 bedrooms, 2.5 baths with a bonus room. Artfully refinished with handcrafted crown molding and baseboards, hardwood floors, front sash windows, new back windows, tongue and grove bead board ceilings, clawfoot soaking tubs and elegant light fixtures with medallions in every room give this home that real heirloom feel while still providing modern touches. Home sits on .41 acres shaded with mature live oak trees and palm trees. Backyard is completely fenced and private with covered and uncovered patio. There is room for RV or boat parking. Large storage shed with plenty of shelving and a greenhouse!

672 Cypress Avenue, Panama City
$299,900
3 Beds ⋅ 2 Baths ⋅ 790485 MLS
Welcome to 416 S Highway 22A -- a beautifully updated and move-in ready home in Panama City! This charming 3-bedroom, 2-bath property combines modern updates with comfortable living and sits on a spacious lot with a fully fenced backyard perfect for pets, kids, entertaining, or simply enjoying your own private outdoor space. Inside, you'll find a bright and inviting living area along with thoughtful upgrades throughout, including updated countertops, appliances, fixtures, and finishes that give the home a fresh, modern feel. The split-bedroom layout offers functionality and comfort, while the updated interior makes this home truly turnkey. Recent improvements include a brand-new roof and newly installed privacy fencing, adding both value and peace of mind for the next owner. Conveniently located near Tyndall Parkway, shopping, dining, schools, and Tyndall Air Force Base, this home offers both accessibility and everyday convenience. Whether you're looking for a primary residence, first home, or investment opportunity, this beautifully remodeled property is one you won't want to miss!

416 S Highway 22 A, Panama City
$229,900
3 Beds ⋅ 1 Baths ⋅ 790479 MLS
JUST REDUCED A MUST SEE Seller offering Owner Financing with 20% down FULLY RENOVATED PANAMA CITY HOME CLOSE TO EVERYTHING Step inside and prepare to be impressed by the quality and workmanship throughout this beautifully renovated 3 bedroom home. This was not a quick fix and flip. It was a complete renovation from the studs, giving buyers the comfort and modern feel of a newly built home. The home features all new electrical and plumbing, a brand new kitchen with new appliances, new flooring, fresh interior paint, and numerous thoughtful upgrades. The redesigned layout includes a spacious pantry and a separate laundry room for added convenience. Concrete pads on both sides of the home provide excellent space for a patio, boat, RV, or outdoor kitchen. The generously sized lot offers plenty of room to enjoy the outdoors with a huge backyard very private Centrally located near shopping, restaurants, schools, medical facilities, and everyday conveniences, this home is only approximately 12 minutes from the beach. This move in ready property is an excellent opportunity for a first time buyer, investor, or anyone looking for a beautifully updated home without the work and expense of renovating. Investors can also take advantage of its rental potential. Ask about the seller offered incentive. Schedule your private showing and come see the quality for yourself.

2504 W 21st Street, Panama City
$350,000
4 Beds ⋅ 3 Baths ⋅ 790466 MLS
Great investment opportunity in the heart of Panama City! This duplex at 5111 Hagin Drive offers immediate income potential with one side currently tenant occupied, making it ideal for investors or buyers looking to offset their mortgage with rental income. Conveniently located near shopping, dining, schools, and Tyndall Parkway, this property provides easy access to both everyday amenities and Tyndall Air Force Base. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or add a cash-flowing property to your investments, this duplex offers flexibility and opportunity. Don't miss your chance to own an income-producing property in a growing area of Bay County!

5111 Hagin Drive, Panama City
$183,000
2 Beds ⋅ 1 Baths ⋅ 790447 MLS
Welcome to 217 S Berthe Avenue, a beautifully remodeled and move-in-ready home offering the perfect blend of comfort, convenience, and low-maintenance living. Situated on a spacious .30-acre lot shaded by mature oak trees, this charming 2-bedroom, 1-bathroom block home is ideal for first-time homebuyers, downsizers, or savvy investors seeking a turnkey rental opportunity. Completely remodeled down to the studs in 2022, the home features luxury vinyl plank flooring throughout, an updated kitchen with white cabinetry, subway tile backsplash and newer appliances, along with a stylishly renovated bathroom showcasing designer tile and a tub/shower combo. Major system updates provide added peace of mind, including a new roof installed in April 2024 and a 2022 HVAC system with both interior and exterior units replaced. A new hot water heater was also installed in 2022. Step outside to enjoy the large backyard, offering plenty of room for pets, entertaining, gardening, or simply relaxing beneath the shade trees. Located in desirable Flood Zone X where flood insurance is typically not required, this property also offers the freedom of no HOA restrictions. Conveniently located just minutes from Walmart Supercenter, shopping, dining, and approximately 10 minutes from Tyndall Air Force Base, this home combines affordability, functionality, and location in one attractive package. Whether you're looking for your first home or a solid investment property with minimal upkeep, 217 S Berthe Avenue checks all the boxes. Schedule your private showing today!

217 S Berthe Avenue, Panama City