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Panama City, FL Multifamily Homes & Duplexes for Sale

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  • /27

    $485,000

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    5900 Sunset Ave, Panama City, FL 32408

    Great Investment Property! Close to beach! Short Term Rentals Allowed. One A/C replaced 2021, the other one in 2017. 2017 Roof replaced. Owner uses Unit A for personal vacation use. Long term tenant in Unit B who pays month to month.

    Vera Henson

    Beach Haven Realty

    (850) 660-3533

    5900 Sunset Ave, Panama City, FL 32408
  • /39

    $3,495,000

    • 8 Beds
    • 8 Baths
    • 5,320 Sq Ft

    8219 Surf Dr Unit 1 and 2, Panama City, FL 32408

    Welcome home to your beachfront paradise in Panama City Beach! With a spacious 5,400 square feet of interior bliss, this sprawling property boasts an impressive eight bedrooms, eight bathrooms, and four separate kitchens making it a haven for large families or a savvy investor's dream. Recently renovated, this ''rental machine'' grossed nearly $400k in 2024, with over $200k in future bookings

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    Fred Thomas

    Beach Time Realty, Inc

    (850) 970-7174

    8219 Surf Dr Unit 1 and 2, Panama City, FL 32408
  • /44

    $439,000

    • 4 Beds
    • 2 Baths
    • 1,550 Sq Ft

    7420 Sunset Ave Unit A&B, Panama City, FL 32408

    PRICE REDUCTION!!!! INVESTORS, GET READY TO CASH IN FROM DAY ONE! A golden opportunity is knocking! Just 2 blocks from the beach and boat launch, this gem has zero HOA fees - extra cash flow! This fabulous duplex is a double delight, featuring two beautiful units, each with 2 cozy bedrooms and 1 bathroom. Fully revamped and ready to impress, it comes new A/C, appliances, furniture, and a hot

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    Trina Causley

    Keller Williams Success Realty

    (850) 446-5930

    7420 Sunset Ave Unit A&B, Panama City, FL 32408
  • /50

    $327,500

    • 2 Beds
    • 2 Baths
    • 1,264 Sq Ft

    5504 Hilltop Ave Unit E, Panama City, FL 32408

    Beautifully Updated Single-Story attached single family home just steps from the Beach!Located just 0.3 miles from the stunning white sandy beaches, this spacious 2-bedroom, 2-bath attached single-family home offers the perfect blend of comfort, convenience, and coastal living.Enjoy peace of mind with numerous recent updates, including:New architectural shingle roof 2019, decking, insulation, and

    Agent Photo

    Scott Seidler - TheConnectionTeam

    Keller Williams Success Realty

    (850) 783-2748

    5504 Hilltop Ave Unit E, Panama City, FL 32408
  • /71

    $1,190,000

    • 6 Beds
    • 4.5 Baths
    • 3,284 Sq Ft

    2832 Susan Ave, Panama City, FL 32408

    This private oasis is as versatile and unique as it is beautiful and well-designed! Every detail has been thoughtfully curated with extra amenities and features you won't find in most homes in Bay County, making this property an excellent choice for year-round living, an investment opportunity, or BOTH! Picture the possibilities of this exclusive retreat: Two, top-over-bottom 3 BR/2 Bath units,

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    Sherry Agee-Smith

    simpliHOM

    (615) 400-6985

    2832 Susan Ave, Panama City, FL 32408
  • /37

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,610 Sq Ft

    3915 Wasp St, Panama City, FL 32408

    $50,000 PRICE REDUCTION!!!Start Earning Today - Unbelievable Investment Opportunity!Seize this fantastic chance to own a recently updated duplex located just steps away from our stunning sugary sand beaches!**Unit A:**2 bedrooms 1 bathroom Bonus area**Unit B:** 1 bedroom 1 bathroom The adaptable floor plan allows you to merge both units into a spacious 3-bedroom, 2-bath home with bonus

    Agent Photo

    Trina Causley

    Keller Williams Success Realty

    (850) 655-0644

    3915 Wasp St, Panama City, FL 32408
  • /12

    $174,900

    • 2 Beds
    • 1.5 Baths
    • 936 Sq Ft

    816 Detroit Ave, Panama City, FL 32401

    Turnkey Opportunity in the Heart of Springfield, FL - Fully Renovated and Ready to Go!Welcome to 816 Detroit Avenue, a beautifully updated 2-bedroom, 1.5-bathroom property located right in the heart of Springfield, Florida. Whether you're a first-time homebuyer looking for a move-in-ready residence or an investor seeking a high-demand rental, this property checks all the boxes.Positioned just

    Michael McKinney Counts Real Estate Group Inc

    816 Detroit Ave, Panama City, FL 32401
  • /18

    $512,900

    • 2 Beds
    • 1.5 Baths
    • 936 Sq Ft

    3744 E 9th St Unit 3746,3748,3750, Panama City, FL 32401

    Investor Alert! Prime Multi-Family Opportunity in the Heart of Springfield, FLThis fully occupied triplex on 9th Street is a rare gem for any savvy investor. Strategically located in the very center of Springfield, this income-producing property sits just steps away from what will soon become the city's new civic hub. Directly across the street from the site of the under-construction City Hall,

    Michael McKinney Counts Real Estate Group Inc

    3744 E 9th St Unit 3746,3748,3750, Panama City, FL 32401
  • /56

    $689,000

    • 4 Beds
    • 4 Baths
    • 2,380 Sq Ft

    6328 Beach Dr, Panama City, FL 32408

    Welcome to 6326/6328 Beach Drive, a rare beachside duplex located just one block from the sugar-white sands of Panama City Beach. This incredible income-producing opportunity offers two spacious units, each with 2 bedrooms and 2 bathrooms, perfect for short-term rentals, long-term tenants, or a personal residence with built-in income potential. Whether you're looking for a smart fix-and-flip, a

    Nicole Ludwig EXP Realty LLC

    6328 Beach Dr, Panama City, FL 32408
  • /22

    $345,000

    • 2 Beds
    • 2 Baths
    • 1,028 Sq Ft

    5500 Sunset Ave Unit A, Panama City, FL 32408

    Welcome to Your New Favorite Getaway in Panama City Beach. Step into a coastal retreat that feels more like a home than a rental. This 2-bedroom, 2-bath duplex with NO HOA offers the perfect mix of comfort, charm, and convenience—just a quarter mile from the sugar-white sands of Panama City Beach. Whether you're here to unwind, explore, or make family memories, this thoughtfully curated space is

    Hunter Denton RE/MAX by the Sea

    5500 Sunset Ave Unit A, Panama City, FL 32408
  • /56

    $364,900

    • 3 Beds
    • 2.5 Baths
    • 1,476 Sq Ft

    9016 Banyan Beach Dr, Panama City, FL 32408

    Beach living at a very affordable price! This immaculate move-in ready town home is walking distance to the World's Most Beautiful Beaches! This location is one of the most desirable because you are so close to the excitement of the beach with dining, shopping and entertainment, but yet have your own private home and cozy quiet back patio area. This town home is spacious with an open floor plan

    Lisa Suggs Anchor Realty Florida

    9016 Banyan Beach Dr, Panama City, FL 32408
  • /53

    $698,000

    • 6 Beds
    • 6 Baths
    • 2,720 Sq Ft

    6315 Hilltop Ave, Panama City, FL 32408

    Convenient location- this beautifully renovated duplex is just a short walk to the sugar-white sands and nearby boat ramps, offering the perfect mix of beachside living and strong rental potential.Each side features 3 bedrooms and 2.5 baths, providing spacious comfort for residents or guests. Inside, you'll find a bright, open floorplan with flooring, cabinetry, appliances, and bathrooms redone

    Beth Christie Local Insight Realty

    6315 Hilltop Ave, Panama City, FL 32408
  • /29

    $249,900

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft

    122 Ridgecrest Ct, Panama City, FL 32405

    NO HOA...Location Location Location. In the heart of town, easy access to Town, Beach or Tyndall and shopping right at your finger tip. Roof and mechanics less than 5 years old. LVP throughout. Updated baths with double sinks in primary. Two private spaces for outdoor entertaining...Come see this great home for primary, rental or investment.

    Debby Hove Beachy Beach Real Estate

    122 Ridgecrest Ct, Panama City, FL 32405
  • /38

    $308,500

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft

    7121 Riverbrooke St, Panama City, FL 32404

    WATERFRONT + MINUTES TO TYNDALL AFB!Wake up to lake views every day in this spacious 4 BED / 2 BATH Cali floor plan located directly on Lake Joanna! Whether you're sipping coffee on the screened-in patio or enjoying the open-concept living space, the water is always in sight.This home is designed for comfort with a split-bedroom layout, vinyl plank flooring throughout all main areas, and a huge

    Daniel Raffield Empire Real Estate of Florida LLC

    7121 Riverbrooke St, Panama City, FL 32404
  • /34

    $290,000

    • 3 Beds
    • 2 Baths
    • 1,164 Sq Ft

    1535 Chandlee Ave, Panama City, FL 32405

    When shopping for a home, what's important to you? Does location, price, and proximity to the beach play a factor? Well, this house checks all the boxes. Conveniently located right off 15th street near all your favorite grocery and shopping spots like Walmart, Target, and Publix, it's just 20 minutes from the beach and less than 35 minutes from the airport making it easy to get to work, run

    Ramone Silvera Salty Marlin Realty LLC

    1535 Chandlee Ave, Panama City, FL 32405
  • /25

    $699,000

    • 7 Beds
    • 5.5 Baths
    • 4,810 Sq Ft

    1823 W 27th St, Panama City, FL 32405

    TRIPLEX centrally located near Kings Point, Sweetbay and right off Highway 390 for easy access to Panama City Beach. Unit A is a 2 bedroom 1 bath, unit B is 4 bedrooms 3.5 bathroom featuring over 3,000sqft, unit C is a 1 bedroom 1 bathroom unit. All units have separate electric meters. The property is serviced by one water meter and a septic tank. Home features a large 3 car garage that is

    Cain Mcneil CENTURY 21 Commander Realty

    1823 W 27th St, Panama City, FL 32405
  • /6

    $499,500

    • 4,768 Sq Ft

    520 Maine Ave, Panama City, FL 32401

    Looking to expand your real estate portfolio or jumpstart your journey as a landlord? This 5-unit multi-family property in Panama City offers steady cash flow and long-term value. partially rented / ready to lease (customize based on status) Low maintenance units - easy management Strong rental demand in the area Proximity to beaches, schools, and major employers Zoned for residential

    Will Pender Keller Williams Success Realty

    520 Maine Ave, Panama City, FL 32401
  • /20

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,250 Sq Ft

    3817 E 8th St, P C Beach, FL 32401

    New Build! Appliances are included! Discover modern elegance in this brand-new 3-bedroom, 2-bath home showcasing a bold black-and-white exterior, open-concept design, and high-end finishes throughout. Boasting over 1250 sq ft of thoughtfully designed living space, this contemporary residence features a chef's kitchen with quartz island, custom cabinetry, and stainless steel appliances. The

    Keant Allen Central Bay Realty and Property Management LLC

    3817 E 8th St, P C Beach, FL 32401
  • /42

    $585,000

    • 4 Beds
    • 3 Baths
    • 1,685 Sq Ft

    2501 High Ave, Panama City, FL 32405

    OPEN HOUSE SATURDAY 19TH, 10AM TO 2PM, AND SUNDAY THE 20TH 12PM TO 4PMstep inside this coastal gem--no HOA, no fees, and short-term rentals are allowed! Just a short stroll from direct bay access, this charming 4-bedroom, 3-bath home blends modern upgrades with timeless coastal character. From the stucco exterior to the bright and airy interior, every detail has been thoughtfully curated for

    Arij Sheikh-Yousef Counts Real Estate Group Inc

    2501 High Ave, Panama City, FL 32405
  • /35

    $285,000

    • 2 Beds
    • 2 Baths
    • 1,084 Sq Ft

    1305 Calabria Rd Unit 4B, Panama City, FL 32405

    Looking for a move-in ready home with serious upgrades and a vibe that says ''relax, you're home''? Welcome to 1305 Calabria Ave, a stunning one-story duplex that's been rebuilt from the studs up and loaded with high-end touches. From the moment you walk in, you'll love the new flooring, updated kitchen & bathroom with granite countertops, and sleek cabinetry. Need a cozy touch? The

    Melissa Haworth EXP Realty LLC

    1305 Calabria Rd Unit 4B, Panama City, FL 32405
  • /32

    $280,000

    • 2 Beds
    • 2 Baths
    • 1,084 Sq Ft

    1307 Calabria Rd Unit 4A, Panama City, FL 32405

    Fully Rehabbed 2 Bed / 2 Bath Charmer!Step into modern comfort and style at 1307 Calabria Ave -- a beautifully rehabbed 2-bedroom, 2-bath gem that blends smart updates with a bright, welcoming vibe. This one-story duplex unit has been completely reimagined for today's lifestyle with all the upgrades you've been dreaming of!Enjoy a fresh, open-concept layout with a spacious flow, paired with new

    Melissa Haworth EXP Realty LLC

    1307 Calabria Rd Unit 4A, Panama City, FL 32405
  • /70

    $565,000

    • 4 Beds
    • 4 Baths
    • 2,168 Sq Ft

    1305 Calabria Rd, Panama City, FL 32405

    Dynamic Duplex Dream Deal!Calling all investors, house hackers, or multigenerational families--this is your sign! Scoop up both sides of this totally transformed one-story duplex in Panama City, and start enjoying double the opportunity.On one side, 1305 Calabria delivers a full renovation experience--rebuilt from the studs with a 2019 roof, new electrical and plumbing, solar panels, and a

    Melissa Haworth EXP Realty LLC

    1305 Calabria Rd, Panama City, FL 32405
  • /41

    $632,000

    • 2 Beds
    • 2 Baths
    • 1,536 Sq Ft

    4120 Nova St Unit E & F, Panama City, FL 32408

    🚨 DEAL ALERT on the east end of PCB! 🚨4120 Nova St features TWO fully furnished, rental-ready units--each with 2 bedrooms, 1 bathroom, and enough space to comfortably sleep 6. Whether you're thinking vacation rental, long-term tenants, or a personal beach getaway with income potential, this one checks all the boxes.📈 Rental projections range from $78,900 to $102,500

    Michele Monastra Epique Realty Inc

    4120 Nova St Unit E & F, Panama City, FL 32408
  • /30

    $475,000

    • 5 Beds
    • 4 Baths
    • 2,240 Sq Ft

    2816 N Panama Ave Unit A&B, Panama City, FL 32405

    Income-Producing Duplex with Pool - Fully Renovated & Short-Term Rental Ready!Welcome to your next investment! This beautifully renovated property features two fully equipped units, each with private laundry and modern upgrades throughout. Unit A offers 3 bedrooms, 2 bathrooms, and a private in-ground pool--a guest favorite. Unit B features 2 bedrooms and 2 bathrooms, plus a massive fenced

    Morgan Benton EXP Realty LLC

    2816 N Panama Ave Unit A&B, Panama City, FL 32405
  • /4

    $900,000

    • 2 Beds
    • 2 Baths
    • 2,079 Sq Ft

    7301 Suwanee Ave, Panama City, FL 32409

    Waterfront Living Meets Investment Potential in Southport! This 1.89-acre bayfront property offers stunning views and includes two homes--ideal for multi-generational living, rental income, or a private family retreat. House 1 is a duplex with two separate 1-bed/1-bath units, each with its own entrance and open living/dining layout. House 2 is a 2-bed/1-bath fixer-upper, full of charm and

    Britta Kepple Realty One Group Emerald Coast

    7301 Suwanee Ave, Panama City, FL 32409
  • /28

    $235,000

    • 2 Beds
    • 2.5 Baths
    • 1,562 Sq Ft

    1507 Baldwin Rowe Cir, Panama City, FL 32405

    This beautiful 2-bedroom, 2-bath townhome offers peaceful views of the community pond and fountain - right from your private screened-in porch. Located in the gated Baldwin Rowe community, it's move-in ready and perfectly positioned between Panama City and Lynn Haven, just minutes from top schools, dining, shopping, parks, and the bay.The open-concept kitchen, dining, and living area is ideal for

    Ayesha Albibi Centergate Realty LLC

    1507 Baldwin Rowe Cir, Panama City, FL 32405
  • /17

    $1,150,000

    • 8,652 Sq Ft

    1300 Grace Ave, Panama City, FL 32401

    Exceptional turn-key investment opportunity in the heart of Panama City near the growing downtown area. Boasting 10 large units consisting of eight 2/1s and two 1/1s this property stays full with an average rental rate of $1,195/month. Each unit is separately metered for electric and water. Landlord responsibilities are limited to grass, trash and maintenance. These units were completely

    Cain Mcneil CENTURY 21 Commander Realty

    1300 Grace Ave, Panama City, FL 32401
  • /2

    $1,199,000

    • 6 Beds
    • 6 Baths
    • 2,944 Sq Ft

    4113 Holiday Dr Unit 101,102,201,202, Panama City, FL 32408

    Incredible Income Opportunity Just One Block from the Beach!This renovated quadplex is a true gem, offering four updated units--each with its own washer and dryer hookups--and fully occupied by long-term tenants. Whether you're seeking reliable rental income, planning to live in one unit and lease out the others, or want to explore short-term rental potential, this property delivers exceptional

    Tracey Neudecker Coldwell Banker Realty

    4113 Holiday Dr Unit 101,102,201,202, Panama City, FL 32408
  • /23

    $450,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft

    5432-5434 Sunset, Panama City, FL 32408

    So many possibilities with this quaint duplex located just blocks from the beautiful emerald waters and sandy beaches of the gulf. Currently, both sides are leased to long-term tenants. Great income producing for investors. Live in one side and rent out the other. Make both sides short-term rental or have one side STR and the other side LTR. The roof was replaced 3 years ago and the windows

    Scott Zeller Coldwell Banker Realty

    5432-5434 Sunset, Panama City, FL 32408
  • /33

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,498 Sq Ft

    8504 N Lagoon Dr, Panama City, FL 32408

    Short Term Rentals ALLOWED! Nestled in the heart of Panama City Beach, this charming property is an ideal investment or primary residence. With NO HOA fees and sold furnished, this 3 bedroom 2 bath unit is turn-key! It features a privacy fenced backyard that is complimented by an expansive NEW deck for entertaining. Both the primary bedroom and living room can access the backyard via sliding

    Tina Lamonica Think Real Estate

    8504 N Lagoon Dr, Panama City, FL 32408
  • /57

    $1,300,000

    • 5 Beds
    • 4.5 Baths
    • 2,720 Sq Ft

    6722 S Lagoon Dr, Panama City, FL 32408

    **PRICE IMPROVEMENT** Income producing property with THREE living units and TWO boat houses!If you love boating, amazing views and easy access to the beach...as well as income potential, you've just found a home that has all of this and much more to offer! This newly renovated three-story multi-unit home boasts a dock with not one, but TWO covered boat houses affording you the opportunity to keep

    Tammy Smith Epique Realty Inc

    6722 S Lagoon Dr, Panama City, FL 32408
  • /41

    $247,300

    • 3 Beds
    • 2 Baths
    • 1,671 Sq Ft

    1025 W 19th St Unit 2D, Panama City, FL 32405

    This beautifully renovated 3-bedroom, 2-bath attached end unit offers an incredible opportunity for both homeowners and savvy investors. Priced attractively, this affordable gem is perfect for those looking to expand their real estate portfolio with a turnkey property in a prime, centrally located community.Step inside to a spacious, light-filled living area with an open floor plan that

    Lisa Davis Harvest One Realty powered by SellState

    1025 W 19th St Unit 2D, Panama City, FL 32405
  • /16

    $599,000

    • 4 Beds
    • 2 Baths
    • 1,544 Sq Ft

    5705 Beach Dr, Panama City, FL 32408

    Just blocks from the beach, this delightful duplex at 5705 & 5707 Beach Dr in Panama City Beach offers coastal charm and versatility. Built in 1999, each 2-bed, 1-bath unit spans 844 sq.ft. with an open layout, L-shaped kitchen, and cozy breakfast nook. Enjoy private backyards--one providing a gas fire pit area and trellised lounge area--plus paved off-street parking for two for each unit in

    Moe Mossa Savvy Avenue LLC

    5705 Beach Dr, Panama City, FL 32408
  • /18

    $450,000

    • 3 Beds
    • 3 Baths
    • 1,768 Sq Ft

    2313 Grand Oaks Ln, Panama City, FL 32408

    Rare opportunity for two separate, turn key units that have been completely renovated with numerous upgrades such as granite, stainless steel appliances, brand new hurricane impact windows and separate laundry with brand new washer and dryer. The 2/2 is 1120 sq ft and the 1/1 is 648 sq ft with ample, open concept living space. Both are on separate electric and water. Both are separately and fully

    Steven Koleno Beycome of Florida LLC

    2313 Grand Oaks Ln, Panama City, FL 32408
  • /13

    $269,000

    • 2 Beds
    • 2 Baths
    • 842 Sq Ft

    8623 Lorento St, Panama City, FL 32408

    This stylish beach home is located centrally in beautiful Panama City Beach. This home is located within five miles of many popular attractions, restaurants, beach bars, shopping, and a fitness gym. But, most importantly, it is less than 2.5 miles from our beautiful white, sandy beaches and gorgeous sunsets. This home comes fully furnished as shown; come and see today.

    Jim Hodges III Counts Real Estate Group Inc

    8623 Lorento St, Panama City, FL 32408
  • /5

    $780,000

    0 W 12th St Unit A11837641, Panama City, FL 32401

    Exceptional development opportunity in Panama City, Florida! This 5.11-acre MU-2 zoned property offers the potential to build up to 51 multifamily units by right, with additional density possible under Florida’s Live Local Act.The site features paved road frontage on W 12th Street, utilities nearby, and close proximity to W 15th Street, the area’s main commercial corridor with shopping,

    Damaso Medina United Realty Group Inc

    0 W 12th St Unit A11837641, Panama City, FL 32401
  • /24

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,040 Sq Ft

    2722 Oak Hammock Dr, Panama City, FL 32401

    Located close to schools, shopping, historic downtown, beaches, and Tyndall Air Force Base, this stylish remodeled 3-bedroom, 2-bath home blends comfort and convenience in the Oak Hammock community. Featuring an open-concept layout, a functional breakfast bar offers a spacious living area, and a front porch that invites you to unwind. This home also features an outdoor shed a fenced backyard.

    Wesley Best Think Real Estate

    2722 Oak Hammock Dr, Panama City, FL 32401
  • /26

    $260,000

    • 3 Beds
    • 2 Baths
    • 1,439 Sq Ft

    1809 Clay Ave, Panama City, FL 32405

    PRICE IMPROVED!!! DON'T MISS OUT!A beautifully renovated home that combines comfort, style, and convenience in one perfect package These 3 bedrooms, 2-bathroom gem features an open-concept layout with a stunning kitchen, and brand-new appliances perfect for cooking, entertaining, or just enjoying family meals. Step into generously sized bedrooms and enjoy two full bathrooms: one with a

    Coastal Vibes Luxury Beach Group Gulf Life Real Estate Inc

    1809 Clay Ave, Panama City, FL 32405
  • /53

    $259,000

    • 3 Beds
    • 1 Bath
    • 1,178 Sq Ft

    102 N Cove Ave, Panama City, FL 32401

    Home is located in one of the most sought after neighborhoods in Panama City. Close to Ascension Sacred Heart Hospital and lively Harrison Ave downtown area the lots of arts, dining and shopping options. This 3 bedroom, 1 bath home has hardwood floors in living area, hall and bedrooms. Tile in Foyer and dining room areas. New luxury vinyl flooring installed in the kitchen, laundry, The home

    Terry Garner NBI Properties Inc

    102 N Cove Ave, Panama City, FL 32401
  • /49

    $1,495,000

    • 6 Beds
    • 8 Baths
    • 4,746 Sq Ft

    506 Anemone St, Panama City, FL 32413

    Investors, this is your golden opportunity! Located in the highly desirable Bid-A-Wee Beach neighborhood just steps away from your private beach access and just 2 Miles from Pier Park! This DUPLEX is designed with rental potential in mind. Each unit boasts its own private entrance, making it easy to rent out separately or accommodate a large family seeking spacious living.With a

    Abbott Martin Group EXP Realty LLC

    506 Anemone St, Panama City, FL 32413

Showing Results 1 - 40, Page 1 of 3

Why Live in Panama City

Panama City is a historic community overlooking St. Andrew Bay, minutes from the iconic beaches of the Emerald Coast. This Florida city is often mistaken for its neighbor and popular vacation destination, Panama City Beach, but the two cities differ significantly. While Panama City Beach attracts tourists and second homeowners, Panama City has more full-time residents. "It offers a residential lifestyle with proximity to all the fun things you get to do on vacation," says local broker associate Abigail Davis. She has been selling properties across the area with Corcoran Reverie for over five years. "It's a tight-knit community with a lot of big-town opportunities and a small-town heart." The city also has a burgeoning arts community, a developing downtown and several marinas and docks to access the Bay. Panama City is undergoing a large-scale infrastructure revitalization project funded by state loans, FEMA assistance and other grants. The city's website provides detailed reports of under-construction areas and their current progress. Most construction efforts focus on upgrading sewage and drinking water systems in the older south side neighborhoods, adding sidewalks wherever

Home Trends in Panama City, FL

Housing Trends

Median Sale Price
$330,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$239,900
Median 2 Bedroom Sale Price
$375,000
Median 1 Bedroom Sale Price
$269,000
Average Price Per Sq Ft
$234
Number of Homes for Sale
148
Last 12 months Home Sales
1,126
Months of Supply
1.60
Median List Price
$354,875
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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