Panama City, FL Multifamily Homes & Duplexes for Sale

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  $159,000

  • 1 Bed
  • 1 Bath
  • 924 Sq Ft

  105 Allen Ave Unit 65, Panama City, FL 32401

  Waterfront Living with Historic Charm in the Heart of Panama City!Welcome to The Cove - one of Panama City's most beloved and historic neighborhoods where Southern charm meets coastal luxury! Nestled along the sparkling shores of St. Andrews Bay, this beautifully updated one bedroom, one bath condo offers a rare opportunity to own your very own slice of paradise.Step inside and be welcomed by an

  Mike Herring Keller Williams Realty Emerald

  105 Allen Ave Unit 65, Panama City, FL 32401
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  /32

  $2,389,000

  • 10 Beds
  • 10 Baths
  • 5,156 Sq Ft

  5237 Thomas Dr, Panama City, FL 32408

  Back on Market . Better then was before! Brand new 10 bedroom House : Casa Doppia Dell'alba Don't miss this exceptional opportunity to acquire a stunning duplex featuring two private heated ( natural gas heaters)pools with remote controls for Owner on the big fenced lot. This brand-new Duplex is strategically located and priced below appraisal value, offering an outstanding

  Vladimir Tamarovych Prok Invest LLC

  5237 Thomas Dr, Panama City, FL 32408
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  $605,000

  • 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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  $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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  $550,000

  • 4 Beds
  • 4 Baths
  • 2,040 Sq Ft

  6518 Beach Dr, Panama City, FL 32408

  Great investment opportunity only 1-block to the beach. Perfect corner location close to beach access. This up/down duplex will make a perfect opportunity for either short-term vacation rental or long term rentals.The upstairs portion contains 2-Bedroom and 2-Baths with 1,080 sq.ft. of living area. There is a large 8 x 24 balcony across the front of the unit.Downstairs has 1-bedroom , a bunk

  Greg Taylor Counts Real Estate Group Inc

  6518 Beach Dr, Panama City, FL 32408
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  /7

  $170,000

  • 1 Bath
  • 1,024 Sq Ft

  5528 Adalee Rd, Panama City, FL 32404

  Prime Location! This 1.43-acre property offers incredible potential in a peaceful setting while being conveniently close to beautiful Panama City beaches, shopping and dining options. Featuring a sturdy block construction with a stucco exterior, a new roof (2019), and updated HVAC, this former church space is ideal for various uses. Enjoy the perfect balance of tranquility and accessibility to

  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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  /40

  $299,500

  • 3 Beds
  • 2 Baths
  • 1,509 Sq Ft

  2026 Baker Ct Unit 13, Panama City, FL 32401

  Charming 3-Bed, 2-Bath Home in Historic St. Andrews - Steps from the Bay! Located just one block from St. Andrews Bay, this beautifully designed 3-bedroom, 2-bath home offers the perfect blend of historic charm and modern comfort. With high vaulted ceilings and a split-bedroom floor plan, this home is warm and inviting. The kitchen features a breakfast bar and flows seamlessly into the dining

  Team Don and Bubba EXP Realty LLC

  2026 Baker Ct Unit 13, Panama City, FL 32401
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  /24

  $575,000

  • 4 Beds
  • 4 Baths
  • 2,196 Sq Ft

  2432 Valley Oak Ct Unit A&B, Panama City, FL 32408

  Located in Panama City Beach, 2432 Valley Oak Court is a well-maintained duplex built in 2019, offering a great investment opportunity. Each unit features two bedrooms and two bathrooms, with separate power and water meters, allowing for fully independent living. Unit A is currently leased long-term at $1,950 per month, while Unit B is vacant and ready for occupancy. This property offers

  Angela Feria Foundation Real Estate Agency LLC

  2432 Valley Oak Ct Unit A&B, Panama City, FL 32408
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  /28

  $395,000

  • 2 Beds
  • 1 Bath
  • 860 Sq Ft

  4120 Nova St Unit D, Panama City, FL 32408

  Great opportunity to purchase this 2 bedroom, 1 bath condo steps to the beach and no HOA! This unit is being offered fully furnished and rental ready. New construction around this property will enhance the area and make it shine!

  Will Palmer Better Homes and Gardens Coast Properties

  4120 Nova St Unit D, Panama City, FL 32408
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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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  $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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  /16

  $319,000

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

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

  OPEN HOUSE - Sunday 27th from 12 until 4PM - 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

  Team Don and Bubba EXP Realty LLC

  6211 S Lagoon Dr Unit A, Panama City, FL 32408
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  $249,500

  • 3 Beds
  • 2 Baths
  • 1,218 Sq Ft

  1025 W 11th Ct, Panama City, FL 32401

  Welcome to 1025 W 11th Court, a charming 3-bedroom, 2-bathroom home ideally located just minutes from both Historic St. Andrews and Downtown Panama City--two of the area's most exciting up-and-coming districts, filled with new restaurants, local shops, and things to do. Plus, you're only a 10-minute drive to the white sands of Panama City Beach.This home has been lovingly maintained over the

  Shelly Webb Five Star Realty Group, LLC

  1025 W 11th Ct, Panama City, FL 32401
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  $249,900

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

  819 Russ Lake Dr, Panama City, FL 32404

  Attention Investors and Builders! Attention investors - This property is FHA 203(k) renovation loan eligible! This permitted duplex has 2,260 sq ft and sits on a .311 acre corner lot. The property is zoned mixed-use and is eligible to be subdivided, so there is potential to add a second duplex or a single family home. For the residential home buyer, realize ongoing passive income by living in

  Catriese Johnson Coldwell Banker Realty

  819 Russ Lake Dr, Panama City, FL 32404
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  $1,150,000

  • 4,952 Sq Ft

  6035 E Hwy 98 Bus, Panama City, FL 32404

  Exceptionally Unique Bayfront Property with Tons of Investment Potential! Picturesquely situated on a 0.75-acre parcel with a gorgeous white sandy beaches and emerald waters, this rarely available property impresses with 6 rental units (four cottages and a duplex), along with a beautiful main home. Current gross income is $45,120 annually but that is without any income for the main home and one

  Dennis Dunnigan Coastal Choice Realty LLC

  6035 E Hwy 98 Bus, Panama City, FL 32404
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  $405,000

  • 3 Beds
  • 2 Baths
  • 1,147 Sq Ft

  5412 Hilltop Ave, Panama City, FL 32408

  Welcome to 5412 Hilltop Ave!!Charming Coastal Retreat - 3BR/2BA, Fully Furnished & Rental-Ready!Just a 5-minute walk to the beach, this beautifully furnished 3-bedroom, 2-bathroom home is the perfect vacation rental or full-time residence! Designed for both comfort and convenience, the layout includes two king bedrooms and a bunk room with two sets of bunk beds, making it ideal for families or

  Phyllis Holloway Coastal Living Realty & Associates

  5412 Hilltop Ave, Panama City, FL 32408
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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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  $549,000

  • 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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  $1,199,000

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

  9614 Beach Blvd Unit D, Panama City, FL 32408

  Imagine waking up to the sea every morning and going to bed with glorious sunsets every night! No HOA association rules or expense for this beachfront property with generous square footage, two Gulf-front decks, and a 1-car garage. The location is a surprisingly quiet area off the main drag, yet close to the many attractions, shops, and eateries. This rare 2-story townhome is offered fully

  Kirsten McAndrew RC Real Estate Group

  9614 Beach Blvd Unit D, Panama City, FL 32408
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  $729,000

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

  3820 Treasure Cir, Panama City, FL 32408

  INVESTORS!! PRICE IMPROVEMENT! 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 is more than 2000

  Kay Blanchard Beachy Beach Real Estate

  3820 Treasure Cir, Panama City, FL 32408
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  $315,000

  • 3 Beds
  • 2.5 Baths
  • 1,317 Sq Ft

  7507 Yellow Bluff Rd Unit 1C, Panama City, FL 32404

  WATERFRONT townhouse on Callaway bayou with gulf access. This property features a bock dock with covered lift. Just painted light grey inside and white stucco out. Standing seam metal roof was replaced 5 years ago. New windows and slider door just installed, protected by built in hurricane shutters. All three bathrooms have been updated with LVP floors, teak vanities, and granite countertops. The

  ecn.rets.e45711 ecn.rets.RETS_OFFICE

  7507 Yellow Bluff Rd Unit 1C, Panama City, FL 32404
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  $714,995

  • 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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  $625,000

  • 4 Beds
  • 2 Baths
  • 2,210 Sq Ft

  4805 Sunset Dr, Panama City, FL 32404

  REDUCED!! Discover your dream home in the secluded enclave of Donaldson Point, hidden beneath majestic live oaks. This charming four-bedroom, two-bath brick ranch is just a 5-minute drive from Tyndall AFB, offering the perfect blend of privacy and convenience.Imagine owning nearly half an acre of waterfront, where you can savor breathtaking sunsets or embark on a tranquil cruise around the bay.

  April Gibson Dalton Wade Inc

  4805 Sunset Dr, Panama City, FL 32404
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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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  /54

  $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 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 (2021) 30-year

  Heather Neubauer ERA Neubauer Real Estate Inc

  116 Springfield Ave, Panama City, FL 32401
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  /27

  $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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  /16

  $1,950,000

  • 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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  /12

  $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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  /22

  $599,000

  • 9 Beds
  • 8 Baths
  • 4,280 Sq Ft

  141 Cheri Ln, Panama City, FL 32404

  This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three

  Whitney Cooley Scenic Sotheby's International Realty

  141 Cheri Ln, Panama City, FL 32404
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  /3

  $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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  /30

  $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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  /28

  $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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  /2

  $575,000

  • 4 Beds
  • 4 Baths
  • 2,058 Sq Ft

  2512 Shady Oak Ct Unit A&B, Panama City, FL 32408

  Located in Panama City Beach, 2512 Shady Oak Court is a well-maintained duplex built in 2019, offering a great investment opportunity. Each unit features two bedrooms and two bathrooms, with separate power and water meters, allowing for fully independent living. Unit A & B are both currently leased long-term until 2026 at $1,950 per month. This property offers flexibility for both long-term and

  Angela Feria Foundation Real Estate Agency LLC

  2512 Shady Oak Ct Unit A&B, Panama City, FL 32408
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  /2

  $320,000

  • 4 Beds
  • 2 Baths
  • 1,696 Sq Ft

  4006 E 11th St Unit A&B, Panama City, FL 32404

  Well maintained duplex with 2 bedrooms and 1 Bath per unit. Currently leased with long term tenants @ $1200 monthly. Small fenced in yard.APPOINTMENT ONLY due to tenant occupancy. Please do not approach property without Realtor with a scheduled appointment.

  Dennis Dunnigan Coastal Choice Realty LLC

  4006 E 11th St Unit A&B, Panama City, FL 32404
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  /26

  $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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  /4

  $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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  /5

  $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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