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Springfield, FL Multifamily Homes & Duplexes for Sale

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  • /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
  • /18

    $775,000

    • 6,433 Sq Ft

    2635 Arden Ave, Panama City, FL 32405

    RENTAL PORTFOLIO! Turn-key residential rental portfolio in the quickly growing Panama City market. Consisting of 6 units total (237 Helen Ave 5 units & 2635 Arden Ave) this unique opportunity is a rare find. Units stay consistently full and are professionally managed. Seller is offering incredible owner financing terms: 3.95% interest, 30 year amortization, 3 year balloon, 35% down payment.

    Cain Mcneil CENTURY 21 Commander Realty

    2635 Arden Ave, Panama City, FL 32405
  • /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 ExpandDon'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

    Dien and Andrew Group Think Real Estate

    Unlisted Address
  • /40

    $239,900

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

    819 Russ Lake Dr, Panama City, FL 32404

    Investor & Builder Alert! Multi-Use Duplex with Expansion Potential—FHA 203(k) Eligible!Opportunity is knocking in Springfield! This permitted duplex offers 2,260 sq ft of rentable space on a .31-acre corner lot in a mixed-use zone—and it's eligible to be subdivided! Whether you're looking to build a second duplex, add a single-family home, or simply maximize rental income, the

    Catriese Johnson Coldwell Banker Realty

    819 Russ Lake Dr, Panama City, FL 32404
  • /20

    $830,000

    • 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

    Thom Bachelder Panhandle Real Estate

    301 Detroit Ave, Panama City, FL 32401
  • /53

    $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 (2021) 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

    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 under

    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

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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