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2339 Discovery Loop Unit LOT 518 - MANGROVE PLAN, Panama City
$380,188
2 Beds ⋅ 2 Baths ⋅ 797006 MLS
The customized Mangrove Classical plan by Harris Doyle Homes in The Cottages at SweetBay offers two bedrooms, two full baths, an enclosed two-car garage and a covered patio. Thoughtfully selected finishes pair Seaboard kitchen cabinetry with Bronze Rivers quartz countertops and Cabriole Brown luxury vinyl plank flooring throughout the listed living, bedroom, bath and laundry spaces. The kitchen includes an electric range, over-range microwave, dishwasher and under-cabinet lighting. A tiled primary shower and selected bedroom and patio fans add comfort and detail. This Discovery Loop homesite places the home within SweetBay's community of parks, pools, trails and bayfront gathering spaces. The home has a customized interior layout; representative images may differ from this home's final layout and selections. Construction details, dimensions and final features are subject to verification.

2339 Discovery Loop Unit LOT 518 - MANGROVE PLAN, Panama City

2335 Discovery Loop Unit LOT 519 - MANGROVE PLAN, Panama City
$377,783
2 Beds ⋅ 2 Baths ⋅ 797007 MLS
The customized Mangrove Classical plan by Harris Doyle Homes in The Cottages at SweetBay offers two bedrooms, two full baths, an enclosed two-car garage and a covered patio. Seaboard Trenton kitchen cabinetry pairs with Bronze Rivers quartz countertops, while Cabriole Brown luxury vinyl plank flooring creates a coordinated look through the living spaces, bedrooms, baths and laundry. Selected kitchen appliances include an electric range, over-range microwave and dishwasher. The primary bath features tiled shower walls with a fiberglass pan, and a chandelier adds a distinctive touch to the primary bedroom. Enjoy SweetBay's community pools, parks, trails and bayfront gathering spaces. This home has a customized interior layout; representative images may differ from the final layout and selections. Construction details, dimensions and final features are subject to verification.

2335 Discovery Loop Unit LOT 519 - MANGROVE PLAN, Panama City

1109 Blazing Star Street Unit LOT 502 - MANGROVE PLAN, Panama City
$377,111
2 Beds ⋅ 2 Baths ⋅ 797005 MLS
The Mangrove Classical plan by Harris Doyle Homes in The Cottages at SweetBay offers two bedrooms, two full baths, an enclosed two-car garage and a covered patio. The island kitchen pairs white cabinetry with an Admiral island, Rio Carrara White quartz countertops and Tide tile backsplash. Spalted Maple luxury vinyl plank flooring extends through the main living spaces, bedrooms and laundry, while great-room bookshelves and crown molding add character and useful storage. Selected details include frameless shower doors, laundry cabinetry and gutters. A refrigerator, washer and electric dryer are included in the selections. Enjoy SweetBay's community pools, parks, boardwalk trails and bayfront gathering spaces. Representative photos and renderings may show finishes, options or orientation that differ from this home. Construction details, dimensions and final features are subject to verification.

1109 Blazing Star Street Unit LOT 502 - MANGROVE PLAN, Panama City

1105 Blazing Star Street Unit LOT 501, Panama City
$373,426
2 Beds ⋅ 2 Baths ⋅ 797004 MLS
The Mangrove Classical plan by Harris Doyle Homes in The Cottages at SweetBay combines two bedrooms and two full baths with an enclosed two-car garage and a screened covered patio. The island kitchen features white cabinetry, a contrasting Admiral island, stacked upper cabinets, quartz countertops and Coconut tile backsplash. Selected Gallery electric appliances and under-cabinet lighting complete the kitchen, while Oceanfront luxury vinyl plank flooring adds warmth to the main living spaces. The primary bath includes dual sinks and a frameless shower with bench and niches. A selected white picket fence adds cottage character. Enjoy SweetBay's community pools, parks, trails and bayfront gathering spaces. Representative photos and renderings may show finishes, options or orientation that differ from this home. Construction details, dimensions and final features are subject to verification.

1105 Blazing Star Street Unit LOT 501, Panama City

339 Mercedes Avenue, Panama City
$499,000
4 Beds ⋅ 3 Baths ⋅ 796225 MLS
**Income-Producing Duplex in Downtown Panama City with Massalina Bayou Views!** Welcome to 339 Mercedes Avenue in Panama City, Florida, a fully furnished, turnkey duplex offering an incredible opportunity for investors, house hackers, or buyers looking for flexible living options near Downtown Panama City. This income-producing multifamily property is full of possibilities, live in one side and rent the other to help offset your monthly expenses, create space for multigenerational living, or rent both units for additional income potential. One side is currently being utilized as a short-term rental, making this property an attractive option for buyers looking for an established furnished rental setup. Both sides have been thoughtfully updated throughout and are being sold, fully furnished and turnkey, allowing the next owner to step right in. Each unit also offers its own spacious backyard, providing plenty of outdoor space for residents and guests. One of the standout features is the view of Massalina Bayou, giving this investment property a unique coastal Panama City setting while keeping you close to everything. Located near Downtown Panama City, shopping, dining, Ascension Sacred Heart Bay, and Tyndall Air Force Base, with Panama City Beach and the beautiful Gulf Coast beaches just a short drive away. Whether you're searching for a duplex for sale in Panama City, FL, an income-producing property, a furnished investment property, or a home where you can live in one unit and rent the other, 339 Mercedes Avenue offers flexibility, location, and investment potential all in one property. Live in one. Rent the other. Rent them both. The possibilities are yours at 339 Mercedes Avenue.

339 Mercedes Avenue, Panama City

1720 Jakes Drive, Panama City
$249,000
3 Beds ⋅ 3 Baths ⋅ 795589 MLS
Welcome to low-maintenance living at its finest in the desirable Jakes Landing neighborhood! This stunning, modern townhome offers a bright, open-concept floor plan designed for effortless everyday living and entertainment. The main level seamlessly connects the spacious living and dining areas to a chef-inspired kitchen featuring granite countertops, stainless steel appliances, crisp cabinetry, and a large island perfect for prep or breakfast seating. Upstairs, the expansive primary suite serves as a private retreat complete with an ensuite bath and generous closet space, while the additional bedrooms offer versatility for family, guests, or a home office. Conveniently located near the Hwy 77/390 corridor, you're just minutes from top-rated schools, dining, shopping, major employers, Tyndall AFB, and the white-sand beaches of Panama City Beach. Schedule your private showing today!

1720 Jakes Drive, Panama City

209 Sherman Avenue, Panama City
$250,000
4 Beds ⋅ 4 Baths ⋅ 795519 MLS
INVESTMENT OPPORTUNITY -- FOUR FULLY OCCUPIED RENTAL UNITS! 209 Sherman Ave features four currently occupied apartment units, generating $750 per unit per month, or $3,000 in gross monthly rental income / $36,000 annually. Each unit is individually metered. Owner-reported utilities average approximately $250/month. Property taxes are approximately $2,500 annually. The property consists of two buildings on approximately 0.23 acres with off-street parking. Built in 1947, the property offers an established rental setup with four income-producing units in a convenient Panama City location. Strong opportunity for an investor seeking existing rental income and an occupied multifamily property. Buyer to verify all unit count, square footage, room dimensions, rental income, expenses, utility arrangements, taxes, insurance, zoning, permits, property condition and all other information deemed important by buyer.

209 Sherman Avenue, Panama City

5208 Joshua Lane, Panama City
$243,900
3 Beds ⋅ 2 Baths ⋅ 795252 MLS
MOTIVATED SELLER - MAKE AN OFFER!! Located at the quiet end of a cul-de-sac in the Panama City area, 5208 Joshua Ln is a thoughtfully updated duplex ready for its next owner. This 3-bedroom, 2-bathroom home offers 1,401 square feet of living space that balances modern updates with practical, everyday comfort. Inside, LPV flooring runs throughout the main living area, while soft carpet brings warmth to each bedroom. A fireplace anchors the living space, making it a cozy spot on cooler evenings. A slider opens to a generous backyard, complete with a pretty rose garden--ideal for gardening, relaxing, or hosting weekend gatherings. The kitchen comes equipped with stainless steel appliances, a breakfast bar, and a roomy pantry that keeps essentials organized and accessible. Both bathrooms have been updated with new vanities and refreshed lighting for a clean, contemporary look. The master bedroom serves as a private retreat, featuring a large walk-in closet and a comfortable ensuite bath. The location adds further value. Springfield Sports Complex is less than a mile away, perfect for active afternoons, and grocery options are just minutes from home for quick errands. Whether you're seeking a move-in-ready home or a solid investment, this property delivers comfort, convenience, and value in one neat package. Homes in this established neighborhood move quickly--schedule your private tour today.

5208 Joshua Lane, Panama City

7300 Sunset Avenue Unit A & B, Panama City
$499,000
4 Beds ⋅ 2 Baths ⋅ 795186 MLS
Rare opportunity to own a furnished duplex just moments from the sugar-white sands of Panama City Beach! Each side features 2 bedrooms, 1 bath, brand-new kitchen cabinets and appliances, separate parking, a private backyard, and its own outdoor shower. Short-term rentals are allowed, offering excellent flexibility to rent both units, live in one and rent the other, or create the perfect beach getaway for family and guests. Enjoy lagoon views from the yard, convenient access to the nearby boat ramp, and incredible proximity to the beach. Being sold furnished, this property offers a turnkey opportunity with multiple possibilities for personal use and rental income. Two units, one fantastic location, and endless potential near the Gulf!

7300 Sunset Avenue Unit A & B, Panama City

3039 Headland Avenue, Panama City
$319,999
4 Beds ⋅ 2 Baths ⋅ 794982 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS The perfect opportunity for a first time investor or seasoned professional! This duplex is currently vacant, and has just had a fresh facelift! Improvements include brand new wood railings around the front porch, fresh exterior paint, and new gates on the fence. The metal roof and HVAC are both only 5 years old. Both units are two bedrooms and one bathroom, with a living room and kitchen. Both sides also have individual attached storage units! The property being vacant makes it the perfect opportunity for someone intending to live in half and rent out the other side (if intending to use as a short term rental, please verify eligibility with Bay County). Using it as an owner occupied property, with the other side rented to pick up most of the mortgage, it would likely be financeable with FHA or VA. This property has a lot of features that make it perfect for families with small children. The duplex is located just a couple blocks from Hiland Park Elementary School on a dead end road. The large backyard has plenty of room for kids to play, and is fully fenced and gated for peace of mind. Headland Avenue is very private, but also offers easy access to Baldwin Road and Highway 231. This means easy commutes for your renters to Bay County's largest employers, including medical facilities, shopping districts, and manufacturing. This property offers tenants privacy, comfort, opportunity, and security in a central location. It is the best of all worlds! Duplexes in locations this good, packed with this many family friendly features, are always in demand for reliable tenants!

3039 Headland Avenue, Panama City

900 E 14th Street Unit A-B, Panama City
$250,000
2 Beds ⋅ 2 Baths ⋅ 794873 MLS
INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX WITH FREE LOT! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional dwelling unit if split. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $5,200 PER MONTH / $62,400 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner/Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance.

900 E 14th Street Unit A-B, Panama City

904 E 14th Street Unit A-B, Panama City
$240,000
2 Beds ⋅ 2 Baths ⋅ 794618 MLS
INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $3,900 PER MONTH / $46,800 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner/Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance. See 1347 Mercedes Ave and 900 E 14th St for the additional properties.

904 E 14th Street Unit A-B, Panama City

1347 Mercedes Avenue Unit A-B, Panama City
$240,000
2 Beds ⋅ 2 Baths ⋅ 794521 MLS
INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $3,900 PER MONTH / $46,800 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner is the listing Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance.

1347 Mercedes Avenue Unit A-B, Panama City

3715 Burnham Way, Panama City
$160,000
2 Beds ⋅ 1 Baths ⋅ 794334 MLS
Charming and well maintained 2 bedroom, 1 bathroom home. This half-duplex is perfect for a first-time buyer or investor looking to expand their rental portfolio. The kitchen is equipped with a refrigerator, dishwasher, and range. Recently updated features include new HVAC system providing modern efficiency. LVP flooring throughout the home was installed in 2023. The roof was replaced in 2019. Interior and exterior walls were painted in 2023. Enjoy a generous corner lot on cul-de-sac with fenced backyard ideal for outdoor activities. Additional storage is available with both a storage room closet and a storage shed. Situated just minutes away from the historic St. Andrew's district, you'll have access to vibrant entertainment, dining, shopping, and much more. Plus, enjoy the convenience of a short commute to Panama City Beach! Don't miss out on this excellent opportunity!

3715 Burnham Way, Panama City

5119 Marla Drive, Panama City
$202,000
3 Beds ⋅ 2 Baths ⋅ 794328 MLS
Beautifully updated home in Panama City, move-in ready attached single-family home, no HOA, fenced in yard, and just minutes from Tyndall AFB. This home offers incredible value in today's Panama City market, where updated homes at this price point are becoming harder to find. Recently refreshed with brand new interior paint throughout and updated interior doors, the home feels clean, bright, and modern. Previous upgrades include updated cabinets, countertops, flooring, light fixtures, and newer appliances, giving you a stylish, turnkey space from day one. Both bathrooms feature skylights that bring in abundant natural light, adding a unique and airy touch. Major updates have already been handled, including a roof and A/C replaced in 2021, offering added peace of mind. Enjoy a spacious driveway with room for up to 3 vehicles, a fully fenced backyard and an outdoor storage closet attached to the home -- perfect for pets, entertaining, or relaxing outdoors. While technically part of a duplex, the property offers privacy with quiet, friendly neighbors. Conveniently located near shopping, dining, and schools, with easy access to Tyndall Parkway (US-98 & Business 98). Tyndall AFB is less than 10 minutes away, making it a great option for military buyers as well. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home stands out as an affordable opportunity in a rapidly growing area.

5119 Marla Drive, Panama City

6806 Thomas Drive, Panama City
$2,000,000
8 Beds ⋅ 10 Baths ⋅ 793380 MLS
Brand-new construction duplex, perfectly positioned just a 3-minute stroll from the beach with no HOA! Designed for elevated living and exceptional rental performance, each townhome offers approximately 2,500 square feet of thoughtfully curated living space, featuring 4 spacious bedrooms, a bonus living area, and 4.5 designer bathrooms. Every detail has been carefully selected, from the premium luxury vinyl plank flooring and quartz countertops to the Frigidaire Gallery appliance package, designer lighting and plumbing fixtures, and commercial-grade Hayward pool equipment with private heated pools. The first floor welcomes you with a private guest suite featuring an en-suite bath, while the expansive open-concept kitchen, dining, and living areas flow seamlessly to a covered outdoor living space complete with a fireplace and private heated pool--creating the perfect setting for entertaining or relaxing after a day at the beach. The second level offers two generously sized bedroom suites, each with its own en-suite bath and walk-in closet, providing comfort and privacy for family and guests alike. The third floor serves as a private retreat, featuring a spacious bonus living room, convenient kitchenette, and access to an oversized covered balcony where you can enjoy Gulf views and coastal breezes. An additional bedroom suite with a walk-in closet and en-suite bath completes this level, while multiple flex closets throughout the home provide abundant storage or dedicated owner lockout space. Whether you're seeking a premier luxury vacation rental, a second home, or a full-time coastal residence, this exceptional property delivers the perfect combination of sophisticated design, modern amenities, and an unbeatable beachside location.

6806 Thomas Drive, Panama City

1060 W 11th Court, Panama City
$146,000
3 Beds ⋅ 2 Baths ⋅ 792417 MLS
Don't miss this VA foreclosure offering 3 bedrooms, 2 bathrooms, and 1,627 square feet of living space in a convenient central Panama City location. This attached single-family home features a spacious floor plan with soaring vaulted ceilings, a generous living room, dedicated dining area, and a functional kitchen with abundant cabinet and counter space. The split-bedroom layout provides privacy, while the primary suite includes a large bathroom with dual vanities and ample closet space. Step outside to enjoy the covered back patio, perfect for entertaining, grilling, or simply relaxing while overlooking the backyard. An attached two-car garage adds convenience and extra storage. With a little TLC, this property offers an excellent opportunity for homeowners looking to build equity or investors seeking their next project. Ideally located near schools, shopping, restaurants, medical facilities, and Tyndall Air Force Base, this home combines convenience with great potential. Property Highlights: VA Foreclosure Attached single-family home 3 Bedrooms | 2 Bathrooms 1,627 Sq. Ft. Vaulted ceilings Spacious living and dining areas Split-bedroom floor plan Large primary suite with dual vanity Covered rear patio Attached 2-car garage Centrally located near shopping, dining, schools, and Tyndall AFB Sold As-Is. Buyer to verify all information and measurements deemed important.

1060 W 11th Court, Panama City

5237 Thomas Drive Unit A & B, Panama City
$2,179,900
10 Beds ⋅ 10 Baths ⋅ 791806 MLS
This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

5237 Thomas Drive Unit A & B, Panama City

2911 Treasure Circle, Panama City
$500,000
4 Beds ⋅ 4 Baths ⋅ 791574 MLS
Attention investors! Exceptional opportunity for short-term rental income with two rental possibilities in one unit, perfectly located in the heart of the beautiful Emerald Coast. Just a short stroll to the sugar-white beaches and within walking distance to popular restaurants, marinas, and Schooners -- visible right from your front door. Ideally situated near St. Andrews State Park, this property offers the ultimate beach lifestyle and strong vacation rental appeal. Guests and owners alike will love the unbeatable location, coastal atmosphere, and convenience to everything Panama City Beach has to offer. Amazing location. Incredible investment potential. A must-see property! 2911 & 2913 are included in this listing! Two rentals!

2911 Treasure Circle, Panama City

2925 Allison Avenue, Panama City
$269,000
2 Beds ⋅ 2 Baths ⋅ 791296 MLS
Welcome to 2925 Allison Avenue, a charming 2-bedroom, 1.5-bath home just minutes from the beach and North Lagoon! This low-maintenance property with no HOA is perfect as a starter home, vacation retreat, or investment property. Less than a half mile from the white sandy beaches and Grand Lagoon, this home offers the best of coastal living. Enjoy easy access to top restaurants like Grand Marlin and Captain Anderson's, as well as shopping at Walmart, Publix, and Winn-Dixie. Nearby attractions include Ripley's Believe It or Not, Cobra Race Track, Wonder Works, Coconut Creek Family Fun Park, Zoo World, Signal Hill Golf Course, and Shipwreck Island Waterpark--all within 5 miles. The lively Lagoon area boasts an active nightlife with live music and waterfront dining. Inside, you'll find a bright and airy living area with sliding glass doors leading to a fully fenced backyard, which offers the option to expand for more outdoor space. A covered patio is perfect for relaxing or with space for lounging or a hot tub, and a large outdoor storage closet provides extra convenience. The sunny kitchen includes a full-size washer and dryer, pantry, and plenty of storage, while a half bath is conveniently located on the first floor. Upstairs, the primary bedroom features a extra large walk-in closet, private balcony, and east-facing sliding glass doors, perfect for catching the sunrise. The spacious second bedroom offers a deep closet and plenty of natural light. This home can be sold furnished or unfurnished, making it a turnkey rental investment or a move-in-ready home. Whether you're looking for a primary residence, vacation home, or rental investment, this property has endless potential, having been successfully used as both a short-term and long-term rental. Don't miss out on this fantastic opportunity--schedule your showing today!

2925 Allison Avenue, Panama City

7931 S Lagoon Drive Unit A & B, Panama City
$305,000
4 Beds ⋅ 3 Baths ⋅ 791135 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Positioned between the Gulf of Mexico and Grand Lagoon, this duplex offers an exceptional opportunity to renovate, reposition, and maximize income potential in one of Panama City Beach's most sought-after areas. Featuring two units with a combined 4 bedrooms, 3 bathrooms, (2/2 & 2/1) and approximately 1,868 square feet, this property is ideally located near beaches, marinas, Rick Selzer Park, boat ramp, restaurants, entertainment venues, and all that the South Lagoon area has to offer. Whether your vision is long-term rentals, seasonal occupancy, or a personal beach retreat with income-producing potential, the possibilities are abundant. The roof was replaced approximately five years ago, providing a valuable head start for future improvements. The property is being offered at appraised value that was determined by an appraiser in May 2026. The appraisal considered both the property's current condition and contractor estimate for needed repairs. For investors, builders, and buyers seeking a project in a prime location, opportunities like this are becoming increasingly difficult to find. Bring your vision and unlock the potential of this well-located duplex just minutes from the beach, boating, dining, and entertainment. Appraisal and repair-related information available upon request.

7931 S Lagoon Drive Unit A & B, Panama City

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