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Springfield, FL Multifamily Homes & Duplexes for Sale

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    $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
  • /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
  • /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
  • /39

    $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
  • /41

    $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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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

Why Live in Springfield

Springfield, FL, a recovering suburb of Panama City, is rebuilding after the devastation caused by Hurricane Michael in 2018. The city is centrally located between Callaway and Panama City, making it a convenient area for residents. Springfield features single-family homes, including ranch-style, A-frames, and bungalows, with many properties dating back to the 1950s and '60s, though new homes are also being constructed. The median home price is notably lower than in Panama City and the rest of Florida. The city has been revitalizing its parks with funds from FEMA and the National Park Services, with Buddy McLemore Park and Springfield Garden Walking Park being notable highlights. Springfield is 13 miles east of Panama City's beach attractions and 7 miles north of Tyndall Air Force Base, the area's largest employer. The southern edge of Springfield houses heavy industry, including a chemical factory, which can sometimes affect air quality. Bay District Schools serve the area and are highly rated. Dining and shopping are concentrated on North Tyndall Parkway, featuring local favorites like Gary’s Oyster Shack and The Sea Breeze Restaurant. The Bayway bus system connects Springfield to Panama City and other nearby cities, with the closest airport being Northwest Beaches International, 26 miles away. Severe weather remains a concern, but the Alertbay system provides residents with critical updates.
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