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Springfield, FL Multifamily Homes & Duplexes for Sale

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    $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
  • /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
  • /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
  • /51

    $315,000 New Construction

    • 4 Beds
    • 3 Baths
    • 2,080 Sq Ft

    2723 Usery Rd, Panama City, FL 32404

    Discover modern luxury living in this newly constructed home near Highway 231 in Panama City, Florida—an ideal primary residence, second home, or investment property with short-term rentals allowed and no HOA. Conveniently located near shopping, dining, and just 18 minutes from Tyndall Air Force Base, this open-concept home offers a flexible floor plan with a main-level bedroom ideal for a guest

    Kristina Briscoe Keller Williams Success Realty

    2723 Usery Rd, Panama City, FL 32404
  • /49

    $310,000 New Construction

    • 4 Beds
    • 3 Baths
    • 2,080 Sq Ft

    2725 Usery Rd, Panama City, FL 32404

    New construction in Panama City, FL with no HOA and short-term rentals allowed, perfect for a primary residence, second home, or investment property. Located near Highway 231 with easy access to shopping, dining, and just 18 minutes from Tyndall Air Force Base, this move-in-ready home features an open floor plan with luxury vinyl plank flooring throughout. The modern kitchen offers white shaker

    Kristina Briscoe Keller Williams Success Realty

    2725 Usery Rd, Panama City, FL 32404
  • /14

    $189,000 New Construction

    • 3 Beds
    • 2 Baths
    • 902 Sq Ft

    3207 E 2nd Place, Panama City, FL 32401

    🔥 PRICE REPOSITIONED - EXCEPTIONAL OPPORTUNITY 🔥 Recently repositioned to a highly competitive price, this brand-new 3BR/2BA home offers exceptional value for both investors and first-time homebuyers. Price reflects one unit (half duplex). Whether for a primary residence or rental investment, this property delivers new construction quality at a price point rarely seen in today's

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

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

    $209,000 New Construction

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

    238 Springfield Ave, Panama City, FL 32401

    🔥 PRICE REPOSITIONED - EXCEPTIONAL OPPORTUNITY 🔥 Recently repositioned to a highly competitive price, this brand-new 3BR/2BA home offers exceptional value for both investors and first-time homebuyers. Price reflects one unit (half duplex). Whether for a primary residence or rental investment, this property delivers new construction quality at a price point rarely seen in today's

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    238 Springfield Ave, Panama City, FL 32401
  • /38

    $650,000

    • 5,174 Sq Ft

    5115 E 10th St Unit A,B,C,D, Panama City, FL 32404

    Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion Potential This rare multi-family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four-unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3-bedroom, 2.5-bath home with approximately 1,400 square feet

    Dien and Andrew Group Think Real Estate

    5115 E 10th St Unit A,B,C,D, 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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