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Springfield, FL Multifamily Homes & Duplexes for Sale

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  • /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

    $305,000

    New Construction $20K PRICE DROP
    • 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
  • /14

    $182,900

    New Construction $183K PRICE INCREASE
    • 3 Beds
    • 2 Baths
    • 902 Sq Ft

    3205 E 2nd Place, Panama City, FL 32401

    Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery,

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    3205 E 2nd Place, Panama City, FL 32401
  • /49

    $299,999

    New Construction $25K PRICE DROP
    • 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
  • /8

    $182,900

    New Construction
    • 2 Beds
    • 2 Baths
    • 906 Sq Ft

    3201 E 2nd Place, Panama City, FL 32401

    Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery,

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    3201 E 2nd Place, Panama City, FL 32401
  • /14

    $182,900

    New Construction $32K PRICE DROP
    • 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
  • /5

    $223,000

    New Construction $223K PRICE INCREASE
    • 3 Beds
    • 2 Baths
    • 1,095 Sq Ft

    706 School Ave, Panama City, FL 32401

    Under construction - quality new construction home in a convenient Panama City location. This property features a durable exterior with Hardie board front elevation and vinyl siding on the sides and rear for low maintenance. The interior will include real wood cabinetry with soft-close drawers, stone countertops (granite or quartz), and durable luxury vinyl flooring throughout. The layout is

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    706 School Ave, Panama City, FL 32401
  • /38

    $620,000

    $230K PRICE DROP
    • 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
  • /11

    $182,900

    New Construction
    • 3 Beds
    • 2 Baths
    • 906 Sq Ft

    3203 E 2nd Place, Panama City, FL 32401

    Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery,

    Patricia Rodrigues Alves CostaBella Real Estate, LLC

    3203 E 2nd Place, Panama City, FL 32401

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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