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

507 N Gray Avenue, Panama City
$482,000
4 Beds ⋅ 3 Baths ⋅ 787417 MLS
Bayside Subdivision off Beach Drive on Historic Lake Caroline. Fully renovated property in 2023 as follows: *Electric *Plumbing *Appliances *All Fixtures *Flooring *Insulation *Drywall *Trimwork *Garage Doors *Roof (2019) *AC (2019 One of the largest lots in the highly desirable Beach Drive area (.75 acre). Riparian rights to Lake Caroline, corner lot, sturdy construction which is vastly overbuilt by today's standards, the floor joist are made of solid cedar! The home is all brick with hardwood floors throughout except for kitchen. A very unique V-shape with your bedrooms to the left as you enter and your living area to your right, large closets, beautiful retro tile patterns in bathrooms. 2 new central air units for each wing of house resulting in lower energy costs with all new hard ductwork. Over-sized 2-car garage, new roof in May 2019. Concrete slab on the back of the property would make a great spot to build a shop or ADU. Circle driveway allows entrance from either street, variety of plants-palm trees, azalea bushes, and a high and dry lot just 2 blocks from St. Andrew's Bay. This home is a grand property, truly one of a kind!

1215 W 11th Street, Panama City
$599,900
4 Beds ⋅ 4 Baths ⋅ 787415 MLS
This wonderful historic Florida home sits in the desirable Cove area and only one block from the beach and Beach Drive. Home is close to 3000 square feet to accommodate a large family. Major renovations were accomplished in 1980 and 2010 with upgraded electrical, new wiring, and plumbing. A new kitchen with numerous upgrades, large family bonus room added, and other factors. Home is a 4 bedroom and 4 full bathrooms sitting on over 1/2 (0.67) of an acre with some water view visibility of the Bay. The true elegance of this home is indescribable with so much character, history, and personality. Approaching the circular drive way, surrounded by a wrap around porch, you are entering the elegant entrance and greeted by original hard wood flooring throughout, thus encompassing a formal living room and formal dining room. Large Master bedroom and spacious bathroom all located on the 1st floor. Also on the 1st floor is a guest bedroom. The large kitchen has been fully upgraded with stainless steel appliances, granite counter and breakfast bar.. Kitchen overlooks the Family Room which is surrounded by numerous windows giving natural lighting throughout . Ample pantry and laundry room. You have a large spacious bonus room that can by used as an office, play room, game room or another Family room. Walking up the second floor, you have two large bedrooms and two additional full bathrooms. The exterior is beautifully landscaped with a circular driveway for your parking needs. You have a beautiful fenced in back yard, A workshop, garage and room for a golf cart gives you plenty of room for parking to include a RV.. This large home combines timeless comfort and close proximity to the beach, schools, shopping, fine restaurants in the St Andrew area. Original build date is 1920 and Effective Build date is 1986. Home sits on 067 acres which is combined two lots. All measurements, and information must be verified by Buyer or Realtors Buyer.

804 Balboa Avenue, Panama City
$715,000
4 Beds ⋅ 5 Baths ⋅ 787407 MLS
Welcome to an incredible opportunity to own a home in the heart of the Cove neighborhood, across from the Bay on a corner homesite! With NO HOA, this home is a rare find in the Cove and features a gorgeous saltwater-heated pool/spa, 2-car garage and over 3,000 square feet of living space. With 4 bedrooms, 3 full bathrooms and 2 half baths, this fully-renovated home offers ample storage, large closets, oversized bathrooms and high-end features throughout. Best part - it's on one of the most desirable streets in the historic Cove neighborhood! Step into the entryway and you're greeted by an open concept with consistent flooring throughout, a large kitchen island, a brick-clad fireplace and large windows flooding the great room with natural light. This home was designed for entertaining! The expansive kitchen features an abundance of custom kitchen cabinets, granite countertops, Kitchen Aid and Frigidaire Professional appliances, a full-size walk-in pantry, wine refrigerator and a large kitchen island open to the living room and dining room. The living room with a brick fireplace features double French doors that lead to a covered patio and a stunning saltwater-heated pool and spa. The oversized great room has an accessible powder room for guests and also allows for a sitting room, additional family room and is open to the dining room, just off of the kitchen. The main level offers a primary suite with French doors leading to the patio, a large walk-in closet with custom built-ins and a spacious en suite bath. The en suite bath has a walk-in tiled shower, separate soaking tub and double vanities with quartz countertops. The upper level offers 3 additional bedrooms, two full baths and a half bath. This is an incredible option for guests or family members who share a bathroom with 3 vanities available on the same level! One bedroom has an ensuite full bath and a large walk-in closet with built-ins. Two guest bedrooms share a full bath and powder room accessible by the hallway. Consistent flooring throughout the upper level creates a great flow for the home. The bedrooms upstairs also offer great views of the Bay! The backyard is a true oasis! The covered porch is great for entertaining...imagine cooking s'mores and watching the kids play in the pool year-round. With a heated pool and spa, you will enjoy this great amenity with your friends, family and neighbors all year long! The corner homesites allows a large yard with lush landscaping and sod. A unique feature of this home is also a climate controlled storage room over 200 SF, accessible by the back yard. This gives the option to store items or also expand the primary bedroom walk-in closet for additional space or a larger laundry room. Possibilities are endless! With a full interior renovation in 2021 and a full exterior renovation in 2022, this Cove home has been completed remastered! 200 Hollis Avenue has a beautiful white brick exterior, a unique and super functional drive-through 2-car garage and a luxurious pool. Extensive landscaping has been added to the home and a lovely addition of mature oak trees that complement the Cove neighborhood. There is a shallow well, an irrigation system with 4 zones and newer pool equipment. The Cove is a well-established neighborhood covered with hundred year oak trees and lovely neighborhood parks. With no HOA, this is a great place for those who wish to have all the toys, for kids and adults alike. This is a great opportunity to live in the Cove!

200 Hollis Avenue, Panama City
$930,000
3 Beds ⋅ 2 Baths ⋅ 787387 MLS
Welcome to your private beachside paradise just 800 feet from the nearest beach access! This beautifully renovated 3 bedroom 2 bath home offers the perfect blend of comfort, style, and exceptional outdoor living. The owners spared no expense, with upgrades including stunning pine shiplap ceilings, recessed lighting, and new tile flooring throughout. The open concept floor plan is ideal for entertaining, featuring a spacious kitchen with a large island, quartz countertops, and stainless steel appliances. Step outside to your backyard oasis, complete with a heated pool, outdoor bathroom and shower, and a fire pit area perfect for gathering with family and friends. The cozy sunroom adds even more living space, featuring a TV and comfortable seating for relaxing after a day at the beach. Whether you're searching for a primary residence, second home, or investment property, this one is truly a GEM and stands out with its prime location and high end finishes.

4114 Snapper Street, Panama City
$290,000
3 Beds ⋅ 2 Baths ⋅ 787245 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 805 Skyland Avenue featuring a BRAND NEW ROOF!! This 3 bedroom, 2 bath home sits on a spacious .3 acre lot, nestled between the heart of downtown and the bustling St. Andrews area. Just moments away from local favorite restaurants and STEPS away from the scenic Beach Drive. This property features beautiful original hardwood floors throughout the living areas and bedrooms, and tile throughout the kitchen, laundry room, and dining room! Offering gutters, BRAND new roof in 2026, new HVAC in 2021 and gas water heater, stainless steel appliances, 2 living rooms (1 with a gas fireplace) and so much more. Schedule your showing today!!

805 Skyland Avenue, Panama City
$142,500
787117 MLS
PRICE REDUCED To SELL!!! Charming conversion to commercial use, with an Effective Year Date of 2020, this office is perfect for your client's small business. Features a full kitchen, large lot for additional parking and other uses behind, and access from paved alleyway between Grace and Harrison.

814 Grace Avenue, Panama City
$113,000
2 Beds ⋅ 1 Baths ⋅ 787116 MLS
Attention Investors & First-Time Home Buyers! Don't miss this charming 2-bedroom, 1-bath home located at 825 E 11th Ct, Panama City, FL 32401. Perfectly situated in the heart of Panama City, this property offers convenience, potential, and affordability all in one. This cozy home features a functional layout with a dedicated utility room and a welcoming front porch--ideal for relaxing or entertaining. Recent updates provide peace of mind, including a roof replaced in 2018 and an HVAC system updated in 2022. Location Highlights: Centrally located near downtown Panama City, shopping, dining, schools, and local amenities--making it a great option for homeowners or rental investment. Whether you're looking to expand your investment portfolio or purchase your first home, this property offers solid value and strong potential in a growing area.

825 E 11th Court, Panama City
$259,000
4 Beds ⋅ 2 Baths ⋅ 787089 MLS
Investor's Opportunity! Turnkey Rental for Sale! Both units are rented. Each unit is 2 bedroom 1 bath and approximately 700SF. Each equipped with range, refrigerator, dishwasher, and washer & dryer. Both have tile and plank flooring. Spacious backyard. Each unit features indoor laundry, separate utilities, and individual meters. All measurements approximate and not guaranteed.

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

1814 Arthur Avenue Unit A & B, Panama City
$592,500
3 Beds ⋅ 2 Baths ⋅ 787041 MLS
WATERFRONT ACREAGE WITH DIRECT BAY & GULF ACCESS -- A RARE FIND ON PARKER BAYOU. Positioned on a prime 1-acre corner lot with over 170 feet of deepwater frontage, this exceptional property offers immediate access to the bay and the Gulf of Mexico. The home features durable cinder block construction with stucco and Hardie board exterior, complemented by a new metal roof (2019) and extensive system upgrades throughout. Since 2019, improvements include all new windows and doors, HVAC system, Romex wiring, stainless steel appliances, and granite countertops--delivering modern reliability within a solid structure. Additional upgrades include fully remodeled kitchen and bathrooms, new interior doors, plantation shutters, shiplap ceiling detail, new flooring, and a new garage door. The oversized garage includes utility rooms for substantial storage, plus an additional outbuilding for added flexibility. Outdoors, the property is designed for both function and lifestyle. A newly constructed dock and boat lift provide immediate waterfront usability and significant cost savings. The backyard features a 30x30 pole barn/pavilion overlooking the water, complete with a pool beneath--creating a true waterfront retreat. The dedicated beach area and expansive yard offer endless potential, making it ideal for those seeking waterfront living with room to expand, entertain, or create a custom outdoor oasis. The home sits elevated with a full gutter system and drainage in place for water management. Conveniently located near Tyndall Air Force Base, shopping, dining, schools, and everyday amenities, this property offers a rare balance of accessibility and private, tranquil waterfront living. Boat and tractor are negotiable.

1006 High Street, Panama City
$214,499
3 Beds ⋅ 2 Baths ⋅ 787036 MLS
Perfectly located in the historic and highly sought-after St. Andrews area of Panama City, this home puts you just minutes from local restaurants, shops, parks, schools, and the waterfront--making everyday living both convenient and enjoyable. Originally built in 1955 and thoughtfully remodeled in 2016, this property blends timeless character with modern upgrades, all set on a durable concrete block foundation. Inside, you'll find a spacious living room that creates the perfect setting for relaxing or entertaining, along with updated bathrooms featuring tile finishes as well as brand new double-pane windows that improve both comfort and energy efficiency. Major systems have already been taken care of, including an HVAC system and all-metal roof replaced in 2019, as well as a brand new water heater installed at the end of 2025, giving you peace of mind for years to come. Enjoy the separate utility room space, as well as a backyard designed for both privacy and possibility. Concrete block walls provide a secluded feel, while the custom-built back porch offers the perfect spot to unwind and even the potential to be enclosed for additional living space. The property also includes a storage shed/doghouse, adding flexibility for pets, storage, or hobbies. This home is a great opportunity to own a move-in-ready property in one of Panama City's most charming and established neighborhoods, with the upgrades, space, and location that you are looking for.

1613 Hickory Avenue, Panama City
$419,000
3 Beds ⋅ 2 Baths ⋅ 787034 MLS
Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available

5616 Pinetree Avenue, Panama City
$400,000
787025 MLS
We are pleased to present an exceptional opportunity for your next business endeavor. This 0.809-acre industrial / residential zoned property is strategically located in Bay County, within the central Panama City area. Its prime position near busy Sherman Ave ensures optimal visibility and accessibility. The site features a block building, offering a versatile foundation for conversion into a office environment or for various other design applications. The exterior grounds provide ample space for future construction and development. An open pole barn is directly behind the main building suitable for storage or as a dedicated workspace. We encourage you to capitalize on this outstanding Investment opportunity

1907 Sherman Avenue, Panama City
$279,000
3 Beds ⋅ 2 Baths ⋅ 787012 MLS
Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This centrally located brick home is move-in ready and waiting for its new owner. Situated on approximately a quarter acre, the property offers impressive parking accommodations with space for up to 6 vehicles, including a 2-car covered carport and a large driveway. The spacious yard provides plenty of room for outdoor enjoyment, entertaining, or simply relaxing at home. Inside, you'll find an open floor plan with durable wood laminate flooring, upgraded lighting, and numerous recent updates for peace of mind. The home features a metal roof installed in 2018, a new 40-gallon water heater, fresh interior and exterior paint, plus all windows and exterior doors replaced within the last five years. The kitchen is both functional and stylish with granite countertops, abundant cabinet space, and all appliances conveying with the sale--including the washer, dryer, refrigerator, dishwasher, range and microwave. The primary bathroom showcases a beautifully tiled walk-in shower, adding a modern touch to the space. Step outside to enjoy the spacious back deck, perfect for relaxing evenings or hosting family and friends. Ideally located just minutes from Downtown St. Andrews and Downtown Panama City, this home offers unbeatable convenience to shopping, dining, entertainment, and local events. Whether you're searching for a primary residence or a solid investment opportunity, this property provides exceptional potential, value, and convenience. Please verify all information and measurements for accuracy.

1112 Earl Avenue, Panama City
$184,900
2 Beds ⋅ 1 Baths ⋅ 787008 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to resort-style, low-maintenance living at the iconic Landmark Condominiums, where this meticulously maintained ground-floor, 2-bedroom, 1-bath condo offers the perfect coastal retreat. This bright and inviting unit features durable tile floors throughout the main living areas, a fresh coastal color palette, and an in-unit stackable washer and dryer that remains for a seamless transition. The functional layout includes a spacious primary bedroom with a dedicated home office nook and a large walk-in closet for ample storage. Step out onto your private patio to enjoy a glimpse of St. Andrews Bay, or take advantage of Landmark's premier bayfront amenities, including a private beach, fishing dock, two sparkling pools, a fitness center, and a clubhouse with frequent community gatherings. The monthly HOA fee of $496.52 offers incredible value, covering exterior maintenance, landscaping, water, sewer, trash, internet, and pest control, leaving you with nothing to do but relax. Perfectly suited for a primary residence, second home, or long-term rental, this community maintains a serene atmosphere by prohibiting short-term rentals. The location of Landmark is tough to beat. It is less than a mile from the vibrant restaurants and shops of Beck Avenue and the community events at Oaks by the Bay Park. Schedule your showing today or request the video tour to see this gem for yourself!

2100 W Beach Drive Unit D101, Panama City
$249,500
2 Beds ⋅ 1 Baths ⋅ 786996 MLS
Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers.

1729 Palmetto Avenue, Panama City
$375,000
786992 MLS
Motivated Seller. Prime Commercial Opportunity - Turnkey, High-Visibility Location! Take advantage of this exceptional opportunity for investors or owner-users seeking a fully operational, move-in-ready commercial space. SBA eligible and ideal for an owner-occupant, this beautifully updated building is perfectly positioned in a high-traffic area just minutes from downtown, offering outstanding visibility and accessibility for a wide range of businesses. Previously utilized as a successful tattoo studio, the property is well-suited for medical or therapy offices, professional services, boutique retail, wellness businesses, or creative workspaces. The flexible layout and welcoming atmosphere make it easy to adapt the space to fit your specific needs. Inside, you'll find a bright and inviting lobby with a reception counter, seven private rooms or offices, a convenient break room with kitchenette, and three bathrooms, including one with a shower. The current owner has thoughtfully refreshed the entire building, creating a clean, modern environment that allows you to step in and start operating immediately. The exterior improvements further enhance the property's appeal, featuring a newly installed parking lot and an 8-foot privacy fence surrounding the premises--providing security, convenience, and peace of mind for both clients and staff. Whether you're launching a new venture, relocating your business, or expanding your portfolio, this plug-and-play commercial property offers the visibility, functionality, and readiness to support your success from day one.

316 W 11th Street, Panama City
$185,000
3 Beds ⋅ 1 Baths ⋅ 786971 MLS
Welcome to this inviting 3-bedroom, 1-bath single-family home offering 1,040 square feet of comfortable living space, ideally situated on a spacious .21-acre corner lot in the heart of Panama City. Built in 1960, this home blends classic character with modern convenience. Step inside to find vinyl plank and ceramic tile throughout, complemented by a modern sleek kitchen featuring newer appliances as well as an updated bathroom. A versatile bonus room provides the perfect space for a home office, dining area, or second living room--tailored to fit your lifestyle. Outside, enjoy your own private retreat with a fully fenced backyard ideal for your pets or for relaxing and entertaining. Major improvements include a newer roof & HVAC (approx. 2019) and water heater (2022), adding peace of mind for years to come. This home is conveniently located just minutes from historic St. Andrews, downtown Panama City, and local marinas. Easy access to shopping, dining, local colleges, waterfront attractions, and the world-famous Panama City Beach, makes it an ideal primary residence, second home, or investment opportunity. Don't miss your chance to own a move-in-ready home in a central, highly accessible location. Survey Available.

1516 Clay Avenue, Panama City
$1,150,000
786953 MLS
388' OF PRIME HWY 98 FRONTAGE • 1.26 ACRE CORNER LOT • FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

2135 E 5th Street, Panama City
$330,000
3 Beds ⋅ 2 Baths ⋅ 786948 MLS
Welcome to 811 South Highline Drive -- a beautifully maintained brick home offering the perfect blend of comfort, upgrades, and functionality. This 3-bedroom, 2-bath residence features 1,613 sq. ft. of thoughtfully designed living space on a quarter-acre lot with pristine landscaping and exceptional outdoor features. Inside, you'll find fresh interior paint, hardwood floors, and granite countertops in both the kitchen and bathrooms. The spacious family room features brand-new carpet, and the centerpiece of the home is the impressive large stone wood-burning fireplace, creating the perfect focal point for cozy evenings. Enjoy the versatile Florida room, which is cooled and enclosed with glass windows that can be opened or closed, offering year-round comfort and a seamless connection to the outdoors. Major improvements include a brand-new HVAC (2024), metal roof (2019), and new hot water heater (2025), giving you peace of mind for years to come. The exterior is equally impressive with a 2-car carport, 1-car garage, and a separate driveway leading to a large shed with a garage door--ideal for storage, a workshop, or equipment. RV enthusiasts will appreciate the direct RV power hookup, and dedicated parking area. A well pump with irrigation system ensures your beautifully manicured lawn stays lush and green. If you're searching for a property with space, upgrades, and incredible functionality, this home truly has it all. Schedule your private showing today to experience everything 811 South Highline Drive has to offer!

811 S Highline Drive, Panama City
$390,000
3 Beds ⋅ 2 Baths ⋅ 786907 MLS
Welcome to the coveted South Cove Terrace Drive in the ever growing Cove neighborhood. This home received a complete makeover from the studs up in 2016 and has been maintained immaculately, keeping the restored but original hardwood floors throughout the renovations. The total renovation in 2016 gave this home an open floor plan, rare to find in the Cove. Roof was replaced in October of 2023. All appliances were replaced at the time of the renovation as well as HVAC, plumbing, electrical, and spray foam in the attic making this house very energy efficient. During the renovation, the window in the third bedroom was eliminated, this room can still be used as a bedroom, en suite to the master, game room, office, nursery, etc. Very large lot for the neighborhood, and irrigated throughout with a 2024 installed irrigation well. Parking for three cars in the alley with a gated fence. South Cove Terrace Drive is one of the very best roads in the entire neighborhood, offering a very wide road, sidewalks, a playground/park at the end of the road, and being the dedicated Trick or Treating road in the Cove. Please verify room measurements if important.

206 S Cove Terrace Drive, Panama City
$120,000
4 Beds ⋅ 1 Baths ⋅ 786890 MLS
Fixer Upper. Sturdy water tight block home. This 4 bedroom 1 bath ranch home is ready to be updated. It has a large screened patio, that needs to be redone. There's also a large storage shed with electric. The property has a nice large yard. With some sweat equity this home is ready for new owners.

604 Barton Avenue, Panama City
$175,000
2 Beds ⋅ 1 Baths ⋅ 786877 MLS
Check out this cozy home with a covered front porch, newly fenced deep lot, and comes with a home warranty! Updated and ready for it's next owners, you'll appreciate the updated interior, roof, air conditioning, and more. Great location only minutes to shopping, historic Panama City, Tyndall Air Force Base, boat launches, parks, and more. Backyard is ready for your vision, with a new privacy fence and beautiful oak trees provide shade for those summer days. If you're looking for a convenient location and a great home, schedule your showing today!

213 Springfield Avenue, Panama City
$515,000
4 Beds ⋅ 3 Baths ⋅ 786856 MLS
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special. *Solar Panels Paid off at Closing* Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home's inviting feel. Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026. Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020. With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area's most beloved neighborhoods.

200 S Cove Terrace Drive, Panama City
$270,000
4 Beds ⋅ 2 Baths ⋅ 786373 MLS
Nestled beneath beautiful mature oak trees on a quiet, tree-lined street in the highly desirable Cove neighborhood, this charming home offers space, character, and an exceptional location just minutes from the heart of Panama City. The home features a classic and traditional layout with four bedrooms and multiple living spaces, including a formal living room, separate family room, and a formal dining room, providing flexibility for both everyday living and entertaining. This thoughtful floor plan offers defined spaces while maintaining a comfortable flow throughout the home. Original hardwood floors add warmth and timeless character to many of the main living areas, while the bedrooms feature comfortable carpeting. Large windows bring in natural light and enhance the home's inviting atmosphere. The interior reflects the home's original charm and has been well maintained over the years, offering a wonderful opportunity for a new owner to update and personalize while preserving its classic style. Additional highlights include a newer roof, a circular driveway, and a spacious fenced backyard that provides plenty of room for outdoor enjoyment, gardening, or future enhancements. Located in the historic and beloved ''The Cove'' community, the property offers convenient access to waterfront parks, marinas, and the continued revitalization of downtown Panama City. The downtown area has seen exciting growth in recent years with new restaurants, shops, and gathering spaces that have helped transform it into one of the most vibrant and walkable parts of the city. Whether you're searching for a charming first home in a well-established neighborhood or looking for a property you can update and modernize over time, this home presents a wonderful opportunity to invest in one of Panama City's most desirable and historic communities.

107 S Cove Boulevard, Panama City
$179,000
3 Beds ⋅ 2 Baths ⋅ 786803 MLS
**CURRENTLY UNDER CONTRACT, SELLER WILLING TO CONSIDER BACK-UP OFFERS** GREAT BONES in this CINDER BLOCK FLORIDA COTTAGE! The 4-bedroom, 2-bath home at 1204 Emory sits on a generous .314-acre lot in the heart of Panama City and offers approximately 1,914 square feet of heated and cooled living space. Built in 1957, the home features solid block construction and a flexible layout ready for a new owner's vision and updates. One of the standout features is the oversized family room addition at the back of the home, creating a massive secondary living space with endless possibilities for redesign or expansion of the main living area. The backyard has recently been fenced and offers exceptional functionality with two double drive-through gates and rear access from the road behind the home. This setup allows easy entry for work trucks, RVs, boats, or trailers, and provides access to the large concrete pad in the backyard. The layout even allows the potential to pull through the property from the rear gate and exit through the front if desired. The roof was replaced in 2016. Home is being sold in its current condition and priced to reflect the opportunity for updates. With solid block construction, a large lot, and unique rear access for vehicles and equipment, this property presents an excellent opportunity for investors, renovators, or buyers looking to create value through improvements. Seller will consider ALL offers! Dimensions approximate, please verify if important.

1204 Emory Drive, Panama City
$365,000
3 Beds ⋅ 3 Baths ⋅ 786666 MLS
Nestled on a corner lot in the highly sought after Cove community, this charming 3 bedroom, 3 bathroom home offers standout curb appeal, mature palms, and the laid back Florida lifestyle buyers are looking for. With 1,440 square feet, the home blends timeless character with thoughtful updates throughout. Inside, original hardwood floors remain beneath the newly installed LVP, offering both immediate durability and long term value. The split floor plan provides comfort and privacy, while updated tile in the bathrooms adds a clean, modern touch. The kitchen serves as the centerpiece of the home, featuring high end stainless steel appliances including a 6 burner gas range, matte granite countertops, a functional breakfast island, glass tile backsplash, and freshly painted cabinetry, creating a bright and updated feel ideal for both everyday living and entertaining. A large detached building sits at the rear of the property, offering excellent flexibility for a workshop, gym, studio, or additional storage. The structure includes spray foam insulation, a window unit for cooling, and a roll up door for easy access, making it well suited for vehicle or golf cart use. With further improvements, this space presents a strong opportunity for expanded functional use and potential value enhancement. Located just around the corner from St. Andrews Bay Yacht Club within a golf cart friendly neighborhood, residents enjoy easy access to the bay along with a short drive to historic downtown Panama City for dining, shopping, and entertainment. A new HVAC system installed in 2024 adds comfort and peace of mind, and a separate irrigation water meter helps keep outdoor utility costs efficient. Schedule your private showing today and experience the character, flexibility, and location this Cove property has to offer. Golf cart conveys with an acceptable offer, making it easy to take full advantage of this golf cart friendly neighborhood.

200 N Cove Boulevard, Panama City
$419,000
5 Beds ⋅ 3 Baths ⋅ 786789 MLS
Corner lot, family home with 5 bedrooms and a 2.99% VA Assumable loan!! This timeless Florida cottage nestled in the heart of St. Andrews, one of Panama City's most desirable and walkable neighborhoods. Surrounded by mature landscaping and moss-draped oak trees, this spacious 5-bedroom, 3-bath home blends classic charm with thoughtful modern updates. Inside, you'll find hardwood floors throughout and an updated open-concept kitchen featuring granite countertops, tasteful cabinetry, and stainless steel appliances, creating the perfect space for everyday living and entertaining. The updated primary bathroom offers a walk-in tiled shower, adding comfort and style to the private retreat. Step outside to enjoy the large fenced backyard, complete with a privacy fence and plenty of room for entertaining, gatherings, or relaxing under the shade of mature trees. The home's generous and flexible floor plan offers multiple living spaces and well-sized bedrooms, making it ideal for large households, hosting guests, or maximizing rental potential. This home has it all, location, value, and a place to create new memories. Located just minutes from popular dining, marinas, waterfront parks, and entertainment, you'll enjoy everything the charming St. Andrews district has to offer, along with convenient access to downtown Panama City and the beautiful Gulf Coast beaches. Don't miss this rare opportunity to own a versatile property in one of Panama City's most sought-after coastal communities.

3710 W 17th Street, Panama City
$287,000
3 Beds ⋅ 2 Baths ⋅ 786786 MLS
This MU-3 zoned (mixed-use) property offers both residential and light commercial possibilities, making it an ideal opportunity for a live/work lifestyle or flexible investment. The home retains much of its original charm, including beautiful heart-pine hardwood floors showcased throughout the property. Thoughtful updates have already been completed, allowing the next owner the opportunity to enhance the property even further while preserving its character. Additional features include convenient alley access and the potential to expand toward the alley for additional space or functionality. Whether you envision a primary residence, second home, or investment property, this property offers exceptional versatility. Located just five blocks from the revitalized Downtown Harrison Avenue district, you'll enjoy easy access to shopping, coffee shops, dining, and entertainment. Surrounded by new construction and ongoing development, this is truly an area on the rise.

917 Grace Avenue, Panama City