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$995,000
6 Beds ⋅ 6 Baths ⋅ 795113 MLS
This is a rare find on the east side of Panama City Beach. Three attached townhomes with 2 bedrooms 2 baths each, single car carport for each unit, new windows, sheetrock, glass doors, and roof. The property had some damages from Hurricane Michael. Most things have been fixed except cosmetics. Shared pool in the back with nice deck for entertaining. Approximately 1 block from Beach Access 17. Perfect for an investor! More photos to come!

4111 Appalachee Street Unit A, Panama City Beach
$899,000
6 Beds ⋅ 4 Baths ⋅ 794706 MLS
Two residences, one property, and an incredible opportunity just steps from the Gulf in sought-after Bid-A-Wee!Located within a section of the neighborhood where SHORT-TERM RENTALS ARE PERMITTED, 13801 Bay Avenue offers a rare combination of flexibility, beach access, and investment potential in the heart of Panama City Beach. Situated on a single parcel are two separate 3-bedroom, 2-bath residences totaling approximately 2,300 square feet of living space. Both offer their own living areas, kitchens, laundry, private entrances, fenced outdoor spaces, and garage access, creating countless possibilities for how the property can be enjoyed. The main home has received updates throughout and includes a sunroom/breezeway leading to the garage and backyard, while the second residence offers an open layout and covered front porch. With six bedrooms and four bathrooms between the two, the setup works beautifully for extended family, guests, a primary residence with additional income potential, or a vacation rental investment. Generous parking also provides room for additional vehicles or a boat. And then there's the location! Bid-A-Wee is known for its gated, deeded beach access, offering a more private way to enjoy Panama City Beach's sugar-white sand and emerald Gulf waters. The beach is just a short walk or quick golf-cart ride away, while Pier Park, shopping, restaurants, entertainment, nightlife, and everyday conveniences are all just minutes from home. Properties offering this combination of two residences, short-term rental potential, garage and outdoor space, beach access, and a central PCB location don't come along often. Whether you're looking for a primary home with additional living quarters, a multigenerational setup, beach getaway, or income-producing opportunity, 13801 Bay Avenue gives you the flexibility to make it your own. Two residences. Six bedrooms. Beach access. Short-term rental potential. One unique Bid-A-Wee opportunity.

13801 Bay Avenue, Panama City Beach
$5,700,000
12 Beds ⋅ 16 Baths ⋅ 794502 MLS
The opportunity you've been waiting for has arrived. This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers a rare combination of substantial construction, direct beach access, luxury coastal living, and proven income-producing potential, all just a short drive from iconic 30A no HOA restrictions! Built with longevity in mind, this impressive beachfront building features concrete construction, metal studs, a tile roof, and stucco exterior, providing a level of stability and quality that sets it apart from typical coastal properties. The building consists of three individual income-producing residences, each offering approximately 2,500 square feet with 4 bedrooms and 4.5 bathrooms. One private residence occupies each of the second, third, and fourth floors, creating an exceptional opportunity to own an entire Gulf-front building with three separate luxury rental units and multiple income streams. Each residence features two oversized Gulf-front balconies with panoramic views of the emerald waters, sugar-white sand, and unforgettable sunsets. Walls of glass fill the interiors with natural light while showcasing uninterrupted Gulf views throughout the living spaces. Inside, each residence is thoughtfully designed for both luxury and functionality. Gourmet kitchens feature custom wood cabinetry, extensive granite countertops, premium stainless-steel appliances, generous preparation space, and elegant wet bars with dedicated wine storage. The outdoor amenities make this property equally impressive. A large, covered entertainment area provides plenty of space for guests to gather and relax while enjoying the private pool and hot tub. From there, private beach access leads directly to the Gulf of America, creating the complete beachfront experience for owners and rental guests alike. Whether you're looking for a high-quality Gulf-front investment with three individual income-producing residences, a multi-generational coastal retreat, or the rare opportunity to own an entire beachfront building, this property delivers. With its concrete construction, metal studs, direct Gulf frontage, resort-style amenities, West End Panama City Beach location, and convenient access to 30A, opportunities like this are exceptionally difficult to find.

21523 Front Beach Road, Panama City Beach
$399,000
2 Beds ⋅ 2 Baths ⋅ 794082 MLS
Charming 2-bedroom, 2-bath Bamboo Cottage in Latitude at Watersound, beautifully updated with thoughtful upgrades throughout. The kitchen features quartz countertops, a gas range, KitchenAid appliances, custom lighting, and a stylish backsplash, while plantation shutters and fresh interior paint add to the home's polished feel. Both bathrooms feature tile, and the home offers 8-foot oversized doors throughout, a screened-in porch, and a recently epoxied garage floor. The primary closet has also been enhanced with custom shelving for added organization and storage. Whether you're looking for a vacation getaway, an investment property, or your own Latitude at Watersound retreat, this charming cottage is ready to enjoy and make your own.

8723 Conch Shell Court, Panama City Beach
$979,000
6 Beds ⋅ 6 Baths ⋅ 793756 MLS
Performing, luxury DUPLEX short term rental on the desirable east end of Panama City Beach. Fully furnished, averaging $43k income per unit per year. -Individual, privately fenced backyard per unit -Private, covered porches -Individual, private garage per unit -In ground sprinkler system -Oversized lot with room for pool or expansion

2313/2311 Anne Avenue, Panama City Beach
$369,000
3 Beds ⋅ 3 Baths ⋅ 793666 MLS
Welcome to Unit 5214 at The Island Reserve -- 8700 Front Beach Rd, Panama City Beach, FL 32407 Discover resort-style living in this spacious approximately 1,761 sq ft, 3-bedroom, 2.5-bath condominium -- one of the nicest units in the complex -- located in one of Panama City Beach's most desirable gated communities. Built in 2008, Island Reserve offers a true residential lifestyle with no short-term rentals permitted. Long-term rentals are allowed with a minimum lease term of 6 months and 1 day, making this an ideal primary home, second home, or long-term investment property. This unit comes furnished at full asking price (or unfurnished, if preferred). Step inside to an open, light-filled layout featuring soaring 10-foot ceilings, crown molding, designer vinyl floors and tile floors, and an inviting living/dining area that flows into a well-appointed kitchen with granite countertops and high-end designer LG appliances. The primary suite provides a private retreat with a generous walk-in closet, soaking tub, and separate shower, plus convenient access to your private balcony that offers a beautiful view of the landscape and the pool. Two additional bedrooms and a convenient half bath complete the flexible floor plan, with in-unit washer/dryer connections for everyday ease. Residents enjoy exceptional amenities just steps away: a spectacular 1-acre lagoon-style pool with waterfalls, zero-entry access, lap area, hot tub, and outdoor showers; a state-of-the-art fitness center; indoor basketball/pickleball courts; a theater room with large screen; game room; clubhouse; and lush landscaped courtyards with fountains. Garage parking and gated security add convenience and peace of mind. Located just minutes from the sugar-white sands of the Gulf of America, Pier Park shopping and dining, and other Panama City Beach attractions, Unit 5214 delivers the perfect blend of coastal convenience and upscale resort living. Experience the Island Reserve lifestyle -- schedule your private tour today.

8700 Front Beach Road Unit 5214, Panama City Beach
$1,800,000
10 Beds ⋅ 10 Baths ⋅ 793352 MLS
NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool with a temperature control system -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

5231-5233 Thomas Drive, Panama City Beach
$745,000
8 Beds ⋅ 8 Baths ⋅ 792289 MLS
Rare Quadplex Investment Opportunity! This well maintained quadplex features an assumable 2.875% FHA mortgage (subject to lender approval and buyer qualification), offering qualified buyers the opportunity to secure an exceptional below market interest rate. The property is zoned x flood zone & Commercial Mixed Use, making it applicable for short-term rental use. Major updates include a roof replaced in 2019, and 4-Point Inspection reports are available for each unit, documenting the HVAC and plumbing. Ideally located just 7 minutes from Beach Access 2, the property is also surrounded by popular restaurants, shopping, and grocery stores, making it an attractive option for both long term tenants and vacation guests. Whether you're expanding your portfolio or seeking a versatile income producing property, this quadplex is an opportunity you won't want to miss.

133 Gwyn Drive, Panama City Beach
$1,910,000
7 Beds ⋅ 4 Baths ⋅ 792058 MLS
Rare PCB Beach Compound 4109&4111 Marlin St|| 3 Residences • One Parcel • Two Lots from the Beach • Heated/Chilled Pool • Sleeps 18-20 • Fully Furnished & Turnkey. with effective build date June 2026 Rare opportunities like this simply don't exist anymore. Just two lots from the beach, this one-of-a-kind Panama City Beach compound offers three separate residences on one parcel--a beautifully rebuilt two-story duplex with two 2-bedroom, 1-bath residences and a stunning 3-bedroom, 2-bath main home centered around a private resort-style heated and chilled pool. Combining location, flexibility, and the quality of new construction, this is a truly rare opportunity in one of Panama City Beach's most desirable vacation rental corridors. Professionally reconstructed and completed in June 2026, this is far more than a renovation. Thoughtfully rebuilt by the owner--not a builder flip--the property was designed specifically for luxury vacation rentals with an emphasis on quality, longevity, energy efficiency, and exceptional guest experience. Every detail was intentional, from the 10-foot ceilings in the main home and custom 8-foot hurricane-rated doors to the impact-rated windows and doors, custom transom windows, smart LB siding, designer coastal finishes, custom-built bunk rooms, and durable low-maintenance materials throughout. Designed to comfortably accommodate 18-20 guests, the compound is ideal for large family vacations, multi-generational gatherings, corporate retreats, or premium vacation rental operations. The resort-style outdoor living area features a new heated and chilled swimming pool, two grilling stations, expansive paver decking, and a hot and cold outdoor shower, creating an exceptional space for relaxing and entertaining after a day at the beach. Operational efficiency was equally important. Each residence has its own electric meter, each building has its own water meter, and the property includes a dedicated owner's closet, making ownership and management simple and efficient. Six off-street parking spaces provide ample room for owners and guests. Located in the highly sought-after Lower Grand Lagoon area, you're just a short walk from the beach and minutes from St. Andrews State Park, Shell Island excursions, marinas, waterfront dining, shopping, and entertainment. Leave the car behind and enjoy one of the most walkable and desirable beach locations on Panama City Beach. Situated in Flood Zone X no flood insurance needed and offered fully furnished and completely turnkey, this exceptional property is ready for immediate personal enjoyment or income-producing vacation rental operation from day one. Properties offering three fully rebuilt residences on one parcel this close to the beach are exceptionally rare and increasingly difficult to replicate. Built to be owned--not flipped--this extraordinary beach compound reflects thoughtful planning, premium materials, and craftsmanship rarely found in today's investment properties.

Panama City Beach
$895,000
7 Beds ⋅ 6 Baths ⋅ 792048 MLS
WHAT A DEAL! Fabulous property located 1 block from the beach. Easy walk to beach access. This triplex has a 2 bedroom/2 bath downstairs and a 2 bedroom 2 bath upstairs with a private entrance. The back unit detached has a 3 Bedroom 2 bath. All have been remodeled . The detached unit is approximately 1430 Sq feet. The 2 bedroom downstairs is approximately 1258 sq feet and the upstairs unit is approximately 988 square feet. This is a perfect location for beach lovers. Close to great restaurants such as Mike's Diner and Salty Sue's. Walk to both of them. Great opportunity for someone. Huge lot 158 x 205 (.74 acres). All measurements are approximate. Lot is large enough where more units can be built on the property.

307 Sundial Street, Panama City Beach
$825,000
4 Beds ⋅ 6 Baths ⋅ 792017 MLS
New Construction Duplex - Panama City Beach West! Discover an exceptional opportunity to own a newly constructed duplex at 19916 Bonita Drive on the highly desirable west end of Panama City Beach. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-generational living, this property offers versatility, modern design, and an unbeatable coastal location. Each residence features approximately 1,200 square feet of thoughtfully designed living space. The first floor showcases an open-concept layout where the kitchen, dining, and living areas flow seamlessly together, creating an inviting space for entertaining and everyday living. A convenient half bath and a private golf cart garage complete the main level. Upstairs, each unit offers two spacious bedrooms, both with private ensuite bathrooms for maximum comfort and privacy. The south-facing bedrooms capture a peekaboo view of the Gulf, adding a touch of coastal charm. Ceiling fans are installed throughout every room, and each bathroom is appointed with modern anti-fog illuminated mirrors, providing both style and everyday convenience. A washer and dryer are also included in each unit. Outside, enjoy ample parking for both residences and a fully fenced backyard, providing privacy and room for pets, outdoor entertaining, or relaxing after a day at the beach. Located just a short walk or golf cart ride from Beach Access #77, you'll have easy access to Panama City Beach's famous sugar-white sand and emerald-green waters. Everyday conveniences are just around the corner, including Carousel Supermarket, while Pier Park, shopping, entertainment, and local favorites including Thomas Donut & Snack Shop, Salty Sue's, Mike's Café & Oyster Bar, Back Beach Barbecue, and Dusty's Oyster Bar are all just minutes away. With modern construction, upscale finishes, thoughtful design, coastal views, and an outstanding location, this nearly completed duplex presents a rare opportunity for homeowners, second-home buyers, and investors alike.

19916 Bonita Drive, Panama City Beach
$425,000
3 Beds ⋅ 2 Baths ⋅ 791784 MLS
What's Special: 2 self-contained units Ample parking Mature shade trees Covered patio Walking distance to the beach Welcome to 132 San Vincente! This cottage is perfectly positioned within walking distance of the iconic white sandy beaches and several restaurants, and just 1.5 miles from Pier Park with all of its entertainment options. This property is located in a short-term rental and golf cart-friendly neighborhood. There are two self-contained units. Both Unit A and Unit B are 1-bedroom, 1-bath units with tile flooring throughout. Each unit features a pantry, ample closet space, a breakfast bar, dishwasher, washer/dryer, and plenty of shelving. Unit B also features a large carpeted, closet-lined addition with double-paned windows and a brand-new AC/heat unit. This space could be used as a bedroom, hobby room, or playroom. There is a covered patio tucked away for privacy from the street, featuring two porch swings. The property also includes a small, fully fenced backyard. Nearby Attractions: Frank Brown Park is just 2 minutes away and offers: Public swimming pool Dog park Skate park Sports facilities Playground Home of Gulf Coast Jam Conservation Park is 5 minutes away and boasts: 24 miles of walking and biking trails 2,900 acres of natural beauty Pine forests, wetlands, and cypress domes This home features a metal roof. Recent upgrades within the last 5 years include: New HVAC system in Unit B New water heater in Unit A New refrigerator and dishwasher in Unit A Expand your investment portfolio or enjoy a beachside getaway that could help pay for itself. Live in one unit and rent the other, or maximize income potential with short-term rentals in this highly desirable beach community.

132 San Vincente Street, Panama City Beach
$1,195,000
8 Beds ⋅ 4 Baths ⋅ 791403 MLS
***ATTENTION INVESTORS*** Spectacular and Modern ''Miami style'' Beach Income producing Quadplex with Top-of-the-line finishes (Over $300K in upgrades) ... 8Beds/4Baths Fully rented in Panama City Beach! Only a few steps from Beach access in the best side of town. The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact windows/doors, new A/C units, Calacatta Tile flooring, Kitchen cabinets, White Quartz countertops, recessed lighting, gorgeous showers, Stainless steel appliances, freshly painted, washer/dryer inside the units! Very easy to show, call now...it won't last!!!

3908 Ocean View Drive Unit A, Panama City Beach
$574,999
3 Beds ⋅ 3 Baths ⋅ 789582 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS This has one has it all. From Location, desired GOLF Side, and MOVE IN READY - NEVER RENTED - Furnishings Negotiable, Press a button and your porch becomes Screened in creating extended outside living space even more enjoyable ! This beautifully appointed 2-story residence offers 3 bedrooms, 2.5 baths, and a 1-car garage, 2 in the driveway, all just moments from the vibrant Watersound Town Center with shopping, dining, green spaces, and community events right at your fingertips. Inside, the open-concept floor plan features stylish LVP flooring throughout the main living areas and a spacious island kitchen complete with Quartz countertops, sleek appliances, and plenty of room for gathering and entertaining. Elegant furnishings throughout the home may be negotiated with an acceptable offer, making this an easy turnkey opportunity. Golf course location in the Villas on the Fairway, a thoughtfully designed townhome community within the highly sought-after Watersound Origins neighborhood. Enjoy the Watersound Origins amenities which are like country club benefits without the country club price tag!

45 Golden Bell Court Unit 45C, Panama City Beach
$525,000
3 Beds ⋅ 2 Baths ⋅ 789057 MLS
Beautifully designed and built to reflect true island-style living, this meticulously maintained home offers a rare opportunity priced under market value for a quick sale at $625,000. Featuring 10-foot ceilings, 9-foot doors, and transom windows above every doorway, the home feels bright, open, and full of character. The flexible layout includes two full kitchens and a separate entrance mother-in-law suite divided by the laundry room, making it ideal for multi-generational living or rental potential. The primary suite in the main home features a spacious walk-in closet, a large jacuzzi tub, and a separate walk-in shower with a floor-to-ceiling window that fills the space with natural light. Recent upgrades include new hurricane-impact windows, hurricane shutters, a 30-year roof, new Trex decking, and new custom Hurricane shutters. The property is fully enclosed with a brand-new fence and offers separate backyard spaces, all surrounded by lush, thoughtfully designed landscaping that creates a private, garden-like setting. This unique home blends charm, functionality, and value--and is expected to sell quickly. Call for more info.

125 S Wells Street, Panama City Beach
$660,000
3 Beds ⋅ 2 Baths ⋅ 787913 MLS
Ideally positioned just 600 feet from dedicated beach access #87, this updated duplex bungalow blends modern coastal design with the charm of classic Old Florida. Situated on a spacious corner lot, the property offers both turn-key functionality and long-term potential, making it a compelling opportunity for investors or multi-generational living. Each level is thoughtfully designed with open-concept living and dining areas, allowing the interiors to feel bright, spacious, and inviting. The ground-floor unit features one bedroom with a king-size bed, a full bath, and a bonus trundle room for additional guests. Upstairs, the two-bedroom layout offers ample space and panoramic Gulf views from the expansive deck--perfect for dining al fresco or basking in the sea breeze.

144 Dupree Street, Panama City Beach
$674,900
4 Beds ⋅ 2 Baths ⋅ 787831 MLS
Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.

21104 S Lakeview Drive, Panama City Beach
$650,000
786967 MLS
Unlock the potential of this versatile Commercial High Intensity property - located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel / multi family, this property offers flexible use options for multi-family residential, short-term rental, workforce housing, or commercial conversion (buyer to verify zoning and intended use). The property features 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, providing multiple rental configurations and value-add possibilities. Positioned in a highly desirable central beach corridor, the location offers quick access to shopping, dining, attractions, and entertainment, along with convenient proximity to both Front Beach Road and Back Beach Road. Whether you're looking to restore a former hospitality asset, expand your rental portfolio, or explore redevelopment potential, this property presents a rare opportunity in one of Panama City Beach's most active growth areas.

604 Fernwood Street, Panama City Beach
$650,000
7 Beds ⋅ 6 Baths ⋅ 786962 MLS
Unlock the potential of this versatile income-producing property located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel, this property offers flexible use options for multi-family residential, short-term rental, workforce housing, or commercial conversion (buyer to verify zoning and intended use). The property features 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, providing multiple rental configurations and value-add possibilities. Guests and tenants will enjoy the on-site swimming pool, creating an attractive amenity for vacation or long-term occupancy. Positioned in a highly desirable central beach corridor, the location offers quick access to shopping, dining, attractions, and entertainment, along with convenient proximity to both Front Beach Road and Back Beach Road. Whether you're looking to reposition a former hospitality asset, expand your rental portfolio, or explore redevelopment potential, this property presents a rare opportunity in one of Panama City Beach's most active growth areas.

604 Fernwood Street, Panama City Beach
$305,000
3 Beds ⋅ 2 Baths ⋅ 785972 MLS
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. This 3 bedroom, 2 bathroom side A of the duplex sits on a desirable corner lot just a short walk to Beach Access 9, offering the perfect blend of location and convenience. With nearly 1,300 square feet of living space and a one-car garage, the home is well-suited as a primary residence, vacation getaway, or income-producing short-term rental, which is allowed. Seller is offering a $2500 paint allowance and major updates were completed in 2022, including a new metal roof, all new appliances, new flooring throughout, and replacement of all windows and sliding glass doors, which have been tinted for added efficiency and privacy. The skylight was also replaced and features a shade for light control. A new lift station and shut-off valve provide added peace of mind. Outside, the back and side yards are finished with Bahama crushed coral for a clean, low-maintenance coastal look, and the property is fully privacy fenced all the way around. Whether you're looking for personal use or an investment opportunity near the beach, this property offers solid updates and an unbeatable location.

5516 Beach Drive Unit A, Panama City Beach
$529,000
4 Beds ⋅ 4 Baths ⋅ 785770 MLS
Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.

8402 Elizabeth Avenue, Panama City Beach
$1,225,000
4 Beds ⋅ 4 Baths ⋅ 785643 MLS
OPPORTUNITY ABOUNDS ON THIS LAGUNA BEACH PROPERTY! Welcome to 209 Oleander Drive, ideally located in the heart of Panama City Beach on a spacious L-shaped lot, just steps from the sugar-white sands and emerald waters of the Gulf (less than 600 steps to the beach!). This versatile property is perfect as a primary residence, second home, or income producing Long or short-term rental with two separate living spaces. The main house, currently owner-occupied and remodeled in 2017, features bright living spaces and a functional, open flow that is welcoming for both owners and guests. Step outside to enjoy a private outdoor area perfect for relaxing after a day at the beach or entertaining visitors. A standout feature is the 30x30 insulated workshop, offering endless possibilities. With plumbing already in place, it could easily be converted into an additional rental unit, used for a home business, or serve as storage for vehicles or a collection. The property also includes a carriage house (ADU) built in 2023, complete with a two-car garage. Over the past two years, this unit has generated $30,000 annually in short-term rental income, making it an excellent opportunity for buyers seeking immediate investment potential. The two-car garage with separate entrance also offers the option to be converted into additional rental space. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters. Refer to upgrade list in document section. Whether you're looking for a personal beach retreat, a long term or short term income-producing property, or a combination of both, this unique opportunity offers flexibility, expansion potential, ample storage, and an unbeatable location. Schedule your showing today and discover the possibilities of beach living and investment in Panama City Beach!

209 Oleander Drive, Panama City Beach
$605,000
4 Beds ⋅ 4 Baths ⋅ 785519 MLS
PRICED TO SELL! Own a true piece of American history just steps from the sugar-white sands in the highly sought-after Bid-A-Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern-day investment potential--offering a story as special as the location itself. Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid-A-Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three-story homes, create a multi-generational beach compound, or maximize returns with future development. Short-term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity. The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence--perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial. Owners and guests enjoy exclusive private access to five gated Bid-A-Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests. Whether you envision building signature beach homes, creating a legacy property, or securing a high-performing investment with immediate income, this is a once-in-a-generation opportunity to own one of Bid-A-Wee's most iconic and versatile properties.

13809 Bay Avenue, Panama City Beach
$350,000
2 Beds ⋅ 2 Baths ⋅ 784021 MLS
Both sides of this duplex are 600 sq ft each with 1 BEDROOM and 1 BATH. Each has a private fenced yard. Short term rentals are allowed here, and you will love the location. The beauty is you are close to a boat launch on the Grand Lagoon and to the Gulf of America. Your biggest decision here is whether to boat or to go to the beach since both are easy to get to. St Andrews State Park and some marinas are down the street, but so are some of the best restaurants in PCB. If you need a weekend getaway, keep a side for yourself and rent the other side out! Many options here!

6316 Sunset Avenue Unit UNITS A AND B, Panama City Beach
$1,599,999
10 Beds ⋅ 8 Baths ⋅ 783708 MLS
60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach. The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool. There is no HOA and short term rentals are allowed. The entire complex is being offered fully furnished and turnkey, allowing a new owner to begin generating rental income immediately upon closing while capturing peak revenue as the Panama City Beach spring and summer seasons approach. The units offer functional layouts, durable finishes, and ground floor access that renters consistently prefer. Major building improvements have already been completed including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof w new truss system and hurricane clips, updated windows and doors, HVAC and water heaters replaced . Ownership of the entire complex provides FULL control of the building and common areas, allowing a buyer to establish access, usage, and management standards that align with their investment strategy. The seller has prepared rental projections estimating gross annual income potential in the range of approximately $200,000 to $225,000 when operated as short term rentals, and rental projections are estimates and not guaranteed. Previous numbers are available under a contingency. Quadplexes offering direct beach access, no HOA restrictions, rental flexibility, and scale potential rarely come available as a single acquisition in this location. Assets with this level of location, scale, and rental flexibility do not stay available long. Call your favorite agent today to schedule a showing and learn more about this STR quadplex opportunity in Panama City Beach, FL!

5012 Gulf Drive Unit 1-4, Panama City Beach
$599,000
5 Beds ⋅ 3 Baths ⋅ 782817 MLS
Great investment property! Three units, two 2-bedroom units and one studio, just steps from Beach Access 50. Beautiful view of The Gulf from the thitd story deck. This long term investment rental is right across the street from the park and features lots of parking, a spacious back yard and is within walking distance of many restaurants and bars. All measures approximate, please verify if 100% accuracy is needed.

604 Lantana Street, Panama City Beach
$3,404,000
782382 MLS
644 W Caladium Circle presents a rare, high-performing investment opportunity in a premier beachside location. This fully refreshed 26-unit complex features 22 studios, two 1BR/1BA units, and two 2BR/1BA units each updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. A consistently strong occupancy rate ensures immediate Day-One cash flow, further enhanced by an income-producing onsite laundry facility that adds to overall revenue. Ideally positioned directly across from the Gulf with beach views and easy walkability to dining, shopping, Pier Park, Topgolf, and easy access to Dolly Parton's Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.

644 Caladium Circle, Panama City Beach
$535,000
3 Beds ⋅ 4 Baths ⋅ 782259 MLS
Imagine your own fully furnished coastal retreat--two homes, one unbeatable opportunity--set less than a 1/2 mile from the shimmering sands of Panama City Beach. Nestled in the sought-after South Lagoon area, this turnkey property features a 2-bedroom, 3-bathroom main home with an additional bonus bunk room, perfect for hosting guests or maximizing short-term rental income ($84k RENTAL PROJECTIONS). Inside, a modern kitchen stuns with quartz countertops, stainless steel appliances, and a seamless open floor plan designed for easy living. Enjoy coffee on the upstairs balcony, soak under the stars in your private hot tub, or kick back in the breezy front patio area. But the standout feature? A fully equipped 1-bedroom, 1-bathroom guest house tucked away in the back--complete with its own driveway, kitchen, and separate entrance. Whether you're a house hacker, investor, or just someone who loves your friends and family--but not enough to let them stay in your house--this setup absolutely delivers. Ready to turn your investment goals into beachside reality? Schedule your private tour today.

3909 Ray Street, Panama City Beach
$1,250,000
8 Beds ⋅ 8 Baths ⋅ 751847 MLS
NOW COMPLETED AND FULLY FURNISHED! SOLD AS TURN-KEY VACATION RENTAL HOME! THE MOST DESIRABLE INVESTMENT ON THE CURRENT MARKET - DUPLEX FOR SALE IN A PRIME LOCATION , PERFECT FOR SHORT-TERM RENTALS! Each side (unit A & unit B) of the duplex has 4 bedrooms and 4 full baths, full kitchen on the 1st floor and wet bar on the 2nd floor, dedicated space for bunk beds on both floors, can accommodate up to 14 guests- totaling 28 FOR BOTH SIDES !! THAT'S A RENTAL MACHINE! Upscale new construction thoughtfully planned for vacation rental with 9-foot ceilings, LVP flooring, tiled showers and bathtub-shower combo, 8-ft covered balcony to enjoy morning coffee and 8-ft covered and water resistant patio for big family gatherings and BBQ, plenty of parking on the front and back of the house. Big backyard POOL CAN BE ADDED IN THE FUTURE. SHORT WALK to the beach - only 3min. Thomas Dr is the fastest growing area in PCB with many restaurants, shopping and fun to offer. This is a great opportunity to obtain a quality built investment property just steps from the Most Beautiful White Sands ! NO HOA fees! RENTAL READY ! SCHEDULE YOUR SHOWING TODAY !

7026 Thomas Drive, Panama City Beach
$748,000
3 Beds ⋅ 2 Baths ⋅ 749533 MLS
This fully updated, fully furnished duplex resides on the coveted West End of Panama City Beach, boasts Gulf views from the second floor, and has only 600' between your driveway and dedicated public beach access number 87. Positioned on a large corner lot, this 1,824 sq. ft floor plan is split evenly between both units of the duplex, which are divided by floors. Both floors underwent extensive upgrades in 2022 and mirror each other with attention to detail, tasteful décor, and thoughtful use of space. Both kitchens have been upgraded with granite counters for the heart of the kitchen, butcher block counters on the attached island, solid wood shaker cabinets, and stainless steel appliances. Both bathrooms have been updated with new tile surrounds, new vanities, and updated mirrors and lighting. Durable LVP flooring and new exterior doors have been installed on both floors. The general flow for both units includes an open-concept entertainment area with spacious living rooms and an easy flow between the kitchen and dining space. The bathroom for each floor is easily accessible from the entertainment areas. It is located across from the primary bedroom and adjacent to the extra bedroom or bonus room, depending on the unit. Memorable décor, thoughtful amenities, and creative use of space make both units turn-key and attractive as a short-term rental opportunity in a non-HOA neighborhood. Getting down to the unique differences and starting downstairs with Suite A, you have one bedroom + a bonus room, and one bathroom. As you approach the property, you are greeted by covered patios with an outdoor dining table for 6, outdoor lounge chairs for enjoying the Florida weather, and a shaded hanging swing, perfect for quiet time away from the sun. The primary bedroom boasts a king-sized bed, and Suite A's bonus room currently features a trundle bed and a full-size washer and dryer. This room is set for maximizing occupancy for short-term rentals, but the space offers a versatile layout to suit you as needed. If you plan to live in the home, this room would make a great office or hobby room. Moving upstairs, you are greeted by Gulf views from the porch and the primary entertainment space inside, with a clear line of sight down Dupree St over the beach access. Imagine having your morning coffee or enjoying a home cooked meal on the porch with a view of the water, all from the comfort of your home. Moving inside, you are greeted by a similar layout to the downstairs unit; however, a full bedroom takes the place of the bonus room downstairs, making this a full two bedroom unit. Located in Riviera Beach, a coveted neighborhood known for its Old Florida feel and sense of community pride, this home offers the opportunity to invest in an area that has seen tremendous growth in recent years. Being a Gulf view, multi-family property with flexible lending and investment opportunities makes this a must-see for current or want-to-be investors looking to house hack their way into home ownership. Gulf views are a prized asset along the Emerald Coast, and you can have them here at 144 Dupree St.

144 Dupree Street, Panama City Beach