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Springfield, FL Multifamily Homes & Duplexes for Sale

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  • /8

    $365,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft

    147 Claire Ave, Panama City, FL 32401

    Investment Opportunity! 2023 Duplex Near Tyndall AFB - 147 and 149 Claire Ave. Discover an exceptional income-producing duplex, offering the perfect blend of comfort, convenience, and strong rental performance. Each side features 3 bedrooms and 2 bathrooms, providing spacious layouts ideal for families or professionals. Each side is rented at $1650 (total $3300 monthly) With a total of 2,400 sq.

    Agent Photo

    Michael Werner

    Keller Williams Success Realty

    (448) 333-2359

    147 Claire Ave, Panama City, FL 32401
  • /2

    $360,000

    • 6 Beds
    • 4 Baths
    • 2,100 Sq Ft

    314 Bayou Ave, Panama City, FL 32401

    Investment Opportunity! 2024 Duplex Near Tyndall AFB 314 & 316 Bayou AveDiscover an exceptional income-producing duplex offering the perfect blend of comfort, convenience, and strong rental performance. Each side features 3 bedrooms and 2 bathrooms (total of 2,100 sq ft) providing spacious layouts ideal for families or professionals. Both units currently tenant-occupied at $1650 (total $3300

    Agent Photo

    Michael Werner

    Keller Williams Success Realty

    (448) 333-3148

    314 Bayou Ave, Panama City, FL 32401
  • /13

    $155,000

    • 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! Seller is putting a brand new AC unit in the property the 3rd week of September. Seller is also giving a $5,000 Buyer concession. 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

    Michael McKinney Counts Real Estate Group Inc

    816 Detroit Ave, Panama City, FL 32401
  • /38

    $6,243,750

    • 33,060 Sq Ft

    3536 Saint John St, Panama City, FL 32401

    This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020—featuring updated flooring, fresh paint, windows, and fixtures—the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site

    Marcy O'Donnell Luxe Coastal Realty Group LLC

    3536 Saint John St, Panama City, FL 32401
  • /35

    $850,000

    • 11 Beds
    • 10 Baths
    • 5,174 Sq Ft

    Unlisted Address

    Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to Expand Don't miss this exceptional investment opportunity just minutes from Tyndall Air Force Base. Situated on 1.8 acres, this property offers immediate rental income and outstanding future development potential. The centerpiece is a four-unit townhome quadplex, anchored by a spacious 3-bedroom, 2.5-bath unit boasting

    Dien and Andrew Group Think Real Estate

    Unlisted Address
  • /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
  • /36

    $220,000

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

    819 Russ Lake Dr, Panama City, FL 32404

    Investor Alert! Duplex + Big Lot with Expansion Potential - FHA 203(k) Eligible! Opportunity knocks in Springfield! This 2,260 sq ft permitted duplex sits on a large .31-acre corner lot—zoned mixed-use with the option to build another duplex or rezone for single-family residential. Live in one unit and rent the other, or lease both for instant income. Upstairs: 3 beds / 2 baths + ensuite primary

    Catriese Johnson Coldwell Banker Realty

    819 Russ Lake Dr, Panama City, FL 32404
  • /14

    $210,000 New Construction

    • 3 Beds
    • 2 Baths
    • 902 Sq Ft

    3207 E 2nd Place, Panama City, FL 32401

    🔥 READY TO MOVE — BRAND-NEW CONSTRUCTION! 🔥This newly completed 3BR/2BA home is officially move-in ready and stands out as one of the best values in new construction across the region. Built with superior materials, including 2x6 exterior walls, 9-ft ceilings, and 8-inch dividing walls with double insulation, this home offers enhanced durability, energy efficiency, and

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    3207 E 2nd Place, Panama City, FL 32401
  • /14

    $228,000 New Construction

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

    238 Springfield Ave, Panama City, FL 32401

    🔥 READY TO MOVE — BRAND-NEW CONSTRUCTION (LARGER UNIT)! 🔥This newly completed 3BR/2BA larger floor plan offers expanded living spaces and premium construction features designed for comfort, durability, and functionality. Built with 2x6 exterior walls, 9-ft ceilings, and enhanced insulation throughout, this home delivers superior performance and efficiency compared to typical

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    238 Springfield Ave, Panama City, FL 32401
  • /15

    $200,000

    • 3 Beds
    • 2.5 Baths
    • 1,369 Sq Ft

    3112 Debra Blvd, Panama City, FL 32405

    Well-maintained split level, attached single family home featuring a roof and HVAC system both less than 5 years old. This property offers a functional layout with a spacious living area with a wood burning fireplace, a practical kitchen and dining area as well as a half bath on main floor. The three bedrooms and two full bathrooms are all located upstairs. Exterior features include a generous

    Brandi Jones Coastal Palms Real Estate

    3112 Debra Blvd, Panama City, FL 32405

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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