Panama City, FL Multifamily Homes & Duplexes for Sale

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  $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
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  /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
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  /61

  $580,000

  • 4 Beds
  • 3.5 Baths
  • 2,764 Sq Ft

  246 E 3rd Place, Panama City, FL 32401

  Waterfront Living in the Heart of Panama CityWelcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm.With 4 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home

  Vianah Seamon Anchor Realty Florida

  246 E 3rd Place, Panama City, FL 32401
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  /59

  $498,000

  • 4 Beds
  • 2 Baths
  • 1,930 Sq Ft

  9020 Houston St, Panama City, FL 32408

  The Perfect Investment Opportunity! Duplexes like this, priced so attractively and located close to the beach, rarely come up for sale. This like-new 4Bed 2Bath duplex presents an incredible opportunity for first-time homebuyers and seasoned investors alike. Each unit features 2 spacious bedrooms and 1 bath, allowing you to live on one side while offsetting your mortgage with rental income from

  Mowayne Copeland Keller Williams Success Realty

  9020 Houston St, Panama City, FL 32408
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  /14

  $549,000

  • 6 Beds
  • 5 Baths
  • 3,242 Sq Ft

  2810 W 15th St, Panama City, FL 32401

  Investment opporunity located in one of the most popular areas of Panama City FL, in St Andrews. This property is located on the heaviest traveled road, HWY 98 that leads across the entire county. Currently the property consists of 4 separate rentals, a 3 bedroom 2 bath home, 2 separate studio apartments and 1 cottage each with 1 bedroom and 1 bath for a total of 6 bedrooms and5 baths. Rents

  Jeff Payne Keller Williams Success Realty

  2810 W 15th St, Panama City, FL 32401
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  $165,000

  • 1 Bath
  • 1,024 Sq Ft

  5528 Adalee Rd, Panama City, FL 32404

  PRIME LOCATION! This 1.43-acre property tucked away in the quiet Bayou George Heights community offers incredible potential in a peaceful setting. Just a short drive to Tyndall Air Force Base and Panama City's shopping, dining, and white-sandy beaches; this property offers both convenience and tranquil surroundings — the perfect combination for investors, builders, or homeowners looking to create

  Dina Mendes Destin Real Estate

  5528 Adalee Rd, Panama City, FL 32404
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  /16

  $1,950,000

  • 8 Beds
  • 8 Baths
  • 13,768 Sq Ft

  114 S Highway 22 A, Panama City, FL 32404

  14 unit aparment complex located in the heart of Parker FL, close to shoppng, restaurants and Tyndall AFB. 4 separate buildings with 2 bedrooms and 1.5 baths in each building. Square footages range from 750 sq feet to 950 sq feet with laundry inside the 950 sq ft units and laundry in atttached storage in the 750 sq ft units. Many of the units recieved updates and roofs after hurricane

  Jeff Payne Keller Williams Success Realty

  114 S Highway 22 A, Panama City, FL 32404
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  /20

  $837,000

  • 3 Beds
  • 2 Baths
  • 4,047 Sq Ft

  301 Detroit Ave, Panama City, FL 32401

  Awesome Investment Opportunity - 3 Almost New Construction Homes with Immediate Rental Income! Each Home is 3 bedrooms 2 baths and 1356 Sqft.Investor alert! Secure a prime investment with three almost new homes, already leased with $6,600 in guaranteed monthly rental income through November! Built by Elite Coastal Construction, these high-quality homes offer modern design, energy efficiency, and

  Thom Bachelder Panhandle Real Estate

  301 Detroit Ave, Panama City, FL 32401
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  $6,750,000

  • 33,060 Sq Ft

  3510 Saint John St, Panama City, FL 32401

  Welcome to an exceptional investment opportunity in the thriving multifamily sector--a 50-unit garden-style apartment community now available for sale. This meticulously maintained property is perfectly poised for the discerning investor seeking both stability and growth potential. Comprised of a diverse mix of units, the community offers 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10

  Marcy O'Donnell Luxe Coastal Realty Group LLC

  3510 Saint John St, Panama City, FL 32401
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  /24

  $6,700,000

  • 29,796 Sq Ft

  240 Harmon Ave, Panama City, FL 32401

  Discover an exceptional investment opportunity with this fully renovated, multifamily apartment community situated on a prime waterfront location. Boasting 34 units, this property seamlessly integrates residential living with marina access, featuring a 22-slip marina ideal for water enthusiasts. The community offers a diverse mix of unit configurations, including 12 one-bedroom units, each 650

  Marcy O'Donnell Luxe Coastal Realty Group LLC

  240 Harmon Ave, Panama City, FL 32401
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  /14

  $298,000

  • 2 Beds
  • 1.5 Baths
  • 1,152 Sq Ft

  6211 S Lagoon Dr Unit A, Panama City, FL 32408

  Updated Townhome with Bay Views - Walk to the Beach!Welcome to 6211 S Lagoon Dr, a beautifully updated townhome in the heart of Panama City Beach! This 2-bedroom, 1.5-bathroom home has been completely renovated with new flooring, an updated kitchen, and modernized bathrooms, offering a fresh and stylish living space.Located right across the street from the bay, you'll enjoy serene

  Team Don and Bubba EXP Realty LLC

  6211 S Lagoon Dr Unit A, Panama City, FL 32408
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  $239,900

  • 5 Beds
  • 3 Baths
  • 2,260 Sq Ft

  819 Russ Lake Dr, Panama City, FL 32404

  Investor & Builder Alert! Multi-Use Duplex with Expansion Potential--FHA 203(k) Eligible!Opportunity is knocking in Springfield! This permitted duplex offers 2,260 sq ft of rentable space on a .31-acre corner lot in a mixed-use zone--and it's eligible to be subdivided! Whether you're looking to build a second duplex, add a single-family home, or simply maximize rental income, the possibilities

  Catriese Johnson Coldwell Banker Realty

  819 Russ Lake Dr, Panama City, FL 32404
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  /23

  $720,000

  • 3 Beds
  • 2.5 Baths
  • 2,202 Sq Ft

  5833 N Lagoon Dr Unit A, Panama City, FL 32408

  Great opportunity to own a waterfront home on North Lagoon in Panama City Beach, FL! Priced well below similar properties in the area. 2300 sq ft (3 BRs, 2 full baths, 2 half baths). Bring your boat, jet ski and water toys, and enjoy life on the Lagoon! You can be in the Gulf of Mexico fishing in minutes or fish right off the dock. Catch blue crabs, catfish, red fish and baitfish off the dock.

  Steven Koleno Beycome of Florida LLC

  5833 N Lagoon Dr Unit A, Panama City, FL 32408
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  /59

  $499,000

  • 3 Beds
  • 2 Baths
  • 1,920 Sq Ft

  6310 Sunset Ave, Panama City, FL 32408

  Income-Producing Beach Duplex with the interior just being renovated.Welcome to 6310 Sunset Ave., Panama City Beach, FL Avenue a rental powerhouse on the east end of the beach! This duplex offers a 3-bedroom, 1-bathroom unit upstairs and a 1-bedroom, 1-bathroom unit downstairs with a full kitchen. Whether your looking for a lucrative investment or a beachside retreat, this property

  Justin Cater LLC EXP Realty LLC

  6310 Sunset Ave, Panama City, FL 32408
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  /45

  $1,174,000

  • 3 Beds
  • 3.5 Baths
  • 1,770 Sq Ft

  9614 Beach Blvd Unit D, Panama City, FL 32408

  NO HOA and a very MOTIVATED SELLER looking for an offer on this beachfront townhouse -- closing on a church property and wants the cash out of this Gulf property for it. Beach Blvd #D offers two stories of generous square footage, two brand new decks, and a 1-car garage. Imagine waking up to the sea every morning! The location is a surprisingly quiet area off the main drag, yet close to the many

  Kirsten McAndrew RC Real Estate Group

  9614 Beach Blvd Unit D, Panama City, FL 32408
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  $699,900

  • 5 Beds
  • 4 Baths
  • 2,204 Sq Ft

  3820 Treasure Cir, Panama City, FL 32408

  HUGE PRICE IMPROVEMENT! SELLER'S EXTREMELY MOTIVATED! Turn key property with a proven rental history and projections of $85K - 100K Two rental units, completely renovated. Sold fully furnished! A covered sitting area, swim spa, and gorgeous shower are part of the outdoor eperience. The studio apartment on the ground floor sleeps four, with a kitchenette, Murphy bed and sitting area. Upstairs

  Kay Blanchard Beachy Beach Real Estate

  3820 Treasure Cir, Panama City, FL 32408
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  $699,000

  • 5 Beds
  • 2.5 Baths
  • 2,088 Sq Ft

  3707 Mystic St A-B Unit A & B, Panama City, FL 32408

  ***SELLER WILL CONSIDER ALL OFFERS!*** ADORABLE DUPLEX WITH MULTIPLE POSSIBILITIES! * Live in one side, rent the other out. * Short term rent both units. * Short term rent one side, mid or long-term rent the other. THE CHOICE IS YOURS! NOTE: THE GOOGLE STREET VIEW IS NOT THE CURRENT VIEW! This property has been upgraded and painted inside and out! SIDE A: MYSTIC SURF --3 BR, Sleeps 8

  January Johnson EXP Realty LLC

  3707 Mystic St A-B Unit A & B, Panama City, FL 32408
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  /20

  $308,000

  • 2 Beds
  • 2 Baths
  • 1,114 Sq Ft

  2803 Lagoon Knoll Unit A, Panama City, FL 32408

  Short Term Rentals Allowed, No HOA and Completely Remodeled. This bright and airy 2 bedroom 2 bath property comes fully furnished and is located only half a mile to the beach. Just a short walk or bike ride away. This property has plenty of parking and a great size yard. The interior has LVP flooring throughout, new sliding glass door, all stainless steel kitchen appliances, nothing is needed in

  Jessica Kittley World Impact Real Estate

  2803 Lagoon Knoll Unit A, Panama City, FL 32408
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  $599,997

  • 2,907 Sq Ft

  116 Springfield Ave, Panama City, FL 32401

  Welcome to a Turnkey Investment Opportunity!This fully remodeled property at 116 Springfield Ave (2021) offers six detached single-family units, each featuring one bedroom, one spacious bathroom, a living area, and a kitchen. These units, completely updated in 2021, are fully occupied and generating $61,500 in annual gross income with rent rolls available. The updates include new

  Heather Neubauer ERA Neubauer Real Estate Inc

  116 Springfield Ave, Panama City, FL 32401
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  $1,649,000

  • 16 Beds
  • 16 Baths
  • 7,240 Sq Ft

  2729 Carol Ln, Panama City, FL 32405

  Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes,

  Christina Knox Scenic Sotheby's International Realty

  2729 Carol Ln, Panama City, FL 32405
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  $1,100,000

  • 4 Beds
  • 5 Baths
  • 2,464 Sq Ft

  5905 Sunset Ave, Panama City, FL 32408

  Less than 5 minute walk to the GULF!, 4 bed/5 full bath & 3 balconies!!, Updated & Fully Furnished - rental ready. Fantastic back yard, you have your own private beach & outdoor shower! 2 A/C units. Every bedroom has it's own private bath, Close to amenities, dining and shopping, Unit 1/2 of a duplex 5903 available. All info taken from appraiser site & sizes approx., buyer to verify.

  Jennifer Mackay Counts Real Estate Group

  5905 Sunset Ave, Panama City, FL 32408
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  $300,000

  628 N Highway 22 A, Panama City, FL 32404

  Conveniently located just a few blocks off Tyndall Parkway (US 98) in Callaway, it's currently zoned for, and grandfathered in as, a 10 unit Mobile Home Park with 3 units in place each paying $350/month lot rent (well below market rate). Great development potential as well because City of Callaway would be glad to have site built homes, and current zoning changed to Residential Multifamily.

  Patrick Hurley Proper Real Estate Advisors

  628 N Highway 22 A, Panama City, FL 32404
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  $344,900

  • 3 Beds
  • 2.5 Baths
  • 1,414 Sq Ft

  6083 E Hwy 98 Bus, Panama City, FL 32404

  Bay Waterfront! Enjoy this spectacular view all day everyday on your enclosed porch or master bedroom balcony. Wake up to this awesome view! This townhouse features tile flooring in foyer, kitchen, baths and laundry room. Updated fully equipped kitchen with granite countertops and appliances, open breakfast bar to the living room and dining with bay view, half bath and laundry room on first

  Wilma Taylor CENTURY 21 Commander Realty

  6083 E Hwy 98 Bus, Panama City, FL 32404
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  $899,000

  • 8 Beds
  • 8 Baths
  • 1,920 Sq Ft

  1917ABCD Michigan Ave, Panama City, FL 32405

  Investors, two duplex buildings with 2 units in each building that's new construction all brick duplex homes with front porch & yard. This low cost Maintenace under warranty offers lots of room with its open floor plans and lots of natural light. LVP flooring throughout and the kitchen offers lots of room as well as the large two bedrooms to fit your furniture. The Master bedroom has its own bath

  Roy Furst Central Bay Realty and Property Management LLC

  1917ABCD Michigan Ave, Panama City, FL 32405
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  $570,000 New Construction

  • 2,799 Sq Ft

  1116 Mercedes Ave, Panama City, FL 32401

  New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

  JAMIE KITZMILLER Think Real Estate

  1116 Mercedes Ave, Panama City, FL 32401
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  $560,000 New Construction

  • 6 Beds
  • 4 Baths
  • 2,212 Sq Ft

  8600 Houston St, Panama City, FL 32408

  CONSRUCTION COMPLETE!$10,000 Seller concessions towards Buyer's closing costs! If you seek exceptional quality, this builder delivers! Discover the true craftsmanship present throughout this brand-new duplex! It features not one, but TWO fantastic residences, each thoughtfully designed with three well-appointed bedrooms and two conveniently located bathrooms, demonstrating a commitment to detail.

  Kat Tomlinson Top Producers Real Estate Ctr

  8600 Houston St, Panama City, FL 32408
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  $215,000 New Construction

  • 3 Beds
  • 2 Baths
  • 902 Sq Ft

  3207 E 2nd Place, Panama City, FL 32401

  Under Construction - Duplex | $215K each unit , buy both or separate - 3 Bed, 2 Bath Units. This beautiful home features 9-foot ceilings and exterior walls built with 6-inch thick, high-resistance panels -- offering durability, comfort, and a premium construction standard.'' 238 Springfield Ave, Panama City, FL An exceptional investment opportunity awaits with this brand-new duplex currently

  Patricia Rodrigues Alves CostaBella Real Estate, LLC

  3207 E 2nd Place, Panama City, FL 32401
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  $228,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,225 Sq Ft

  238 Springfield Ave, Panama City, FL 32401

  Under Construction - Duplex | $228K each unit , buy both or separate - 3 Bed, 2 Bath Units. ''This beautiful home features 9-foot ceilings and exterior walls built with 6-inch thick, high-resistance -- offering durability, comfort, and a premium construction standard.''| 238 Springfield Ave, Panama City, FLAn exceptional investment opportunity awaits with this brand-new duplex currently under

  Patricia Rodrigues Alves CostaBella Real Estate, LLC

  238 Springfield Ave, Panama City, FL 32401
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  $357,554 New Construction

  • 2 Beds
  • 2 Baths
  • 1,375 Sq Ft

  2306 Myrtle Ct Unit LOT 637 - MANGROVE P, Panama City, FL 32405

  This low-maintenance lock-and-leave Cottage is in the popular waterfront community of SweetBay! These cottages are perfect if you're ready to stop doing yard work and enjoy the phenomenal lifestyle that SweetBay has to offer! The Mangrove plan by Harris Doyle Homes is a thoughtfully designed open plan paired home with large covered porches and attached 2-car garage. This home includes granite

  Janet Melton SweetBay Realty

  2306 Myrtle Ct Unit LOT 637 - MANGROVE P, Panama City, FL 32405
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  /50

  $399,900

  • 3 Beds
  • 2.5 Baths
  • 1,825 Sq Ft

  6212 N Lagoon Dr, Panama City, FL 32408

  Beautiful Home on North Lagoon overlooking North Lagoon. Only minutes away from the Panama City Beach, the World's Most Beautiful Beaches! As you step in, you'll immediately notice the open floor plan with a large living room, heighten ceilings giving it an open, airy feel downstairs, and tile throughout. The roominess of this townhome speaks for itself. Entertain guests and family in the

  Michael Furney Real Estate Investment Service

  6212 N Lagoon Dr, Panama City, FL 32408

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