Currington Farms Real Estate | Currington Farms Multi-Family Homes for Sale

$7100 per month or $85,200 per year in rental income from the carriage house and quadplex/fourplex. Perfect for a DSCR loan where your rental income pays for your mortgage, plus you get a dock and a place to park your boat on deep water. Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. This is the most versatile quadplex/fourplex plus carriage house (comes fully furnished) in Panama City. Here is the rental income breakdown: Carriage house = $1750 per month; Apartment 1 (Civil Contractor) = $1450 per month; Apartment 2 (Realtor) = $1450 per month; Apartment 3 (Property Maintenance Man) = $1,000 per month (reduced because he takes care of the lawn and pool - you could charge $1450); Apartment 4 (Josh) = $1450 per month Total income = $7100 per month. New custom landscaping and beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities. Direct views of Massalina Bayou offering serene surroundings and a true coastal lifestyle. Prime location near top shopping, dining, entertainment, and local attractions. This unique combination of parcels provides endless possibilities--multigenerational living, a fully income-producing investment, or use the carriage house a primary residence and rent out the fourplex for excellent rental income. With its unmatched flexibility, new construction quality, and breathtaking bayou views, this property checks all the boxes.

405 Massalina Drive, Panama City

Listing courtesy of Keller Williams Realty Emerald.

$385,000

792173 MLS

Fantastic turnkey multi-family property in the desired St. Andrews area. Investors take a look at this one. This multi-unit rental property includes 4 total units. Unit A is 2 bed, 1 bath; Units B, C and D are 1 bed, 1 bath. Every unit is occupied and cash-flowing monthly. Please do not disturb tenants, they are happy and love where they live. Great proximity to Downtown St. Andrews and just a few miles to Panama City Beach. All structures are solid and ready for the new owner to take over without having to do anything.

1310 Arthur Avenue, Panama City

Listing courtesy of Northwest Florida Realty, LLC.

$385,000

2 Beds ⋅ 1 Baths ⋅ 792172 MLS

Fantastic turnkey multi-family property in the desired St. Andrews area. Investors take a look at this one. This multi-unit rental property includes 4 total units. Unit A is 2 bed, 1 bath; Units B, C and D are 1 bed, 1 bath. Every unit is occupied and cash-flowing monthly. Please do not disturb tenants, they are happy and love where they live. Great proximity to Downtown St. Andrews and just a few miles to Panama City Beach. All structures are solid and ready for the new owner to take over without having to do anything.

1310 Arthur Avenue, Panama City

Listing courtesy of Northwest Florida Realty, LLC.

$589,900

5 Beds ⋅ 4 Baths ⋅ 792097 MLS

Welcome to 605 10th Street, a rare multi-unit opportunity in the heart of Port St. Joe that offers strong income potential and flexibility in how you use it. This property consists of three separate homes on one parcel and produced over $90K in rental income last year, with short-term rentals permitted. The main home is a 3BR/2BA around 1,800 sqft and was remodeled after Hurricane Michael, featuring a comfortable layout and a screened-in front porch perfect for enjoying slow mornings. With mixed-use zoning, this home could continue as a long-term rental, be used as a full-time residence, or be converted into a business space--ideal for someone looking to live or operate in PSJ. Behind the main home are two matching 1BR/1BA cottages, each roughly 500 sqft, built in 2005 and updated in 2010. Both offer a cozy living/kitchen area, private parking off the alley, and are currently operating as successful short-term rentals. A large storage shed sits at the back of the property, offering plenty of room for bikes, kayaks, tools, or owner storage. The location is tough to beat--just minutes to downtown, the marina, boat ramp, and within walking distance of the city rec park and ball fields. Whether you're looking to expand your investment portfolio, live in one unit while renting the others, or run a business with built-in income, 605 10th Street offers a versatile and highly desirable setup in one of Port St. Joe's most convenient areas. Call today!

605 10th Street, Port St Joe

Listing courtesy of 98 Real Estate Group, LLC.

$895,000

7 Beds ⋅ 6 Baths ⋅ 792048 MLS

WHAT A DEAL! Fabulous property located 1 block from the beach. Easy walk to beach access. This triplex has a 2 bedroom/2 bath downstairs and a 2 bedroom 2 bath upstairs with a private entrance. The back unit detached has a 3 Bedroom 2 bath. All have been remodeled . The detached unit is approximately 1430 Sq feet. The 2 bedroom downstairs is approximately 1258 sq feet and the upstairs unit is approximately 988 square feet. This is a perfect location for beach lovers. Close to great restaurants such as Mike's Diner and Salty Sue's. Walk to both of them. Great opportunity for someone. Huge lot 158 x 205 (.74 acres). All measurements are approximate. Lot is large enough where more units can be built on the property.

307 Sundial Street, Panama City Beach

Listing courtesy of Coastal Property Services, Inc.

$825,000

4 Beds ⋅ 6 Baths ⋅ 792017 MLS

New Construction Duplex - Panama City Beach West! Discover an exceptional opportunity to own a newly constructed duplex at 19916 Bonita Drive on the highly desirable west end of Panama City Beach. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-generational living, this property offers versatility, modern design, and an unbeatable coastal location. Each residence features approximately 1,200 square feet of thoughtfully designed living space. The first floor showcases an open-concept layout where the kitchen, dining, and living areas flow seamlessly together, creating an inviting space for entertaining and everyday living. A convenient half bath and a private golf cart garage complete the main level. Upstairs, each unit offers two spacious bedrooms, both with private ensuite bathrooms for maximum comfort and privacy. The south-facing bedrooms capture a peekaboo view of the Gulf, adding a touch of coastal charm. Ceiling fans are installed throughout every room, and each bathroom is appointed with modern anti-fog illuminated mirrors, providing both style and everyday convenience. A washer and dryer are also included in each unit. Outside, enjoy ample parking for both residences and a fully fenced backyard, providing privacy and room for pets, outdoor entertaining, or relaxing after a day at the beach. Located just a short walk or golf cart ride from Beach Access #77, you'll have easy access to Panama City Beach's famous sugar-white sand and emerald-green waters. Everyday conveniences are just around the corner, including Carousel Supermarket, while Pier Park, shopping, entertainment, and local favorites including Thomas Donut & Snack Shop, Salty Sue's, Mike's Café & Oyster Bar, Back Beach Barbecue, and Dusty's Oyster Bar are all just minutes away. With modern construction, upscale finishes, thoughtful design, coastal views, and an outstanding location, this nearly completed duplex presents a rare opportunity for homeowners, second-home buyers, and investors alike.

19916 Bonita Drive, Panama City Beach

Listing courtesy of The Ketchersid Group, LLC.

$329,000

2 Beds ⋅ 2 Baths ⋅ 791898 MLS

Enjoy coastal living without the maintenance of a larger home. With 2 bedrooms and 1.5 bathrooms, the efficient layout makes excellent use of space, creating a comfortable retreat for full-time living, weekend getaways, or vacation rental potential. The kitchen features beautiful quartz countertops, adding a touch of style and durability to this inviting coastal home. Start your mornings with coffee on the screened porch, where you can enjoy the coastal breeze, and spend your days walking to the beach, soaking up the sun, or exploring all that the area has to offer such as the nearby convenience stores and local food truck courtyard. A new HVAC system installed in 2025 provides added comfort and peace of mind. Whether you're looking for an affordable beach escape, an investment property, or a low maintenance coastal residence, this home's unbeatable location and easy beach access make it a must see. Enjoy the relaxed beach lifestyle you've been dreaming of, just steps from one of Florida's most beautiful stretches of coastline.

8201 Pelican Walk Lane, Port St Joe

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

$2,199,000

10 Beds ⋅ 10 Baths ⋅ 791806 MLS

This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

5237 Thomas Drive Unit A & B, Panama City

Listing courtesy of CENTURY 21 AllPoints Realty.

$425,000

3 Beds ⋅ 2 Baths ⋅ 791784 MLS

What's Special: 2 self-contained units Ample parking Mature shade trees Covered patio Walking distance to the beach Welcome to 132 San Vincente! This cottage is perfectly positioned within walking distance of the iconic white sandy beaches and several restaurants, and just 1.5 miles from Pier Park with all of its entertainment options. This property is located in a short-term rental and golf cart-friendly neighborhood. There are two self-contained units. Both Unit A and Unit B are 1-bedroom, 1-bath units with tile flooring throughout. Each unit features a pantry, ample closet space, a breakfast bar, dishwasher, washer/dryer, and plenty of shelving. Unit B also features a large carpeted, closet-lined addition with double-paned windows and a brand-new AC/heat unit. This space could be used as a bedroom, hobby room, or playroom. There is a covered patio tucked away for privacy from the street, featuring two porch swings. The property also includes a small, fully fenced backyard. Nearby Attractions: Frank Brown Park is just 2 minutes away and offers: Public swimming pool Dog park Skate park Sports facilities Playground Home of Gulf Coast Jam Conservation Park is 5 minutes away and boasts: 24 miles of walking and biking trails 2,900 acres of natural beauty Pine forests, wetlands, and cypress domes This home features a metal roof. Recent upgrades within the last 5 years include: New HVAC system in Unit B New water heater in Unit A New refrigerator and dishwasher in Unit A Expand your investment portfolio or enjoy a beachside getaway that could help pay for itself. Live in one unit and rent the other, or maximize income potential with short-term rentals in this highly desirable beach community.

132 San Vincente Street, Panama City Beach

Listing courtesy of Anchor Realty Florida.

$1,500,000

791716 MLS

Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes

810 E 25th Street, Panama City

Listing courtesy of Chesnut Realty, Inc.

$695,000

791536 MLS

Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating approximately $83,460 in gross annual income. Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings, all with newer 30-year dimensional shingle roofs installed in 2019. The primary residence has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rented for $1,100/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property.

Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$1,195,000

8 Beds ⋅ 4 Baths ⋅ 791403 MLS

***ATTENTION INVESTORS*** Spectacular and Modern ''Miami style'' Beach Income producing Quadplex with Top-of-the-line finishes (Over $300K in upgrades) ... 8Beds/4Baths Fully rented in Panama City Beach! Only a few steps from Beach access in the best side of town. The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact windows/doors, new A/C units, Calacatta Tile flooring, Kitchen cabinets, White Quartz countertops, recessed lighting, gorgeous showers, Stainless steel appliances, freshly painted, washer/dryer inside the units! Very easy to show, call now...it won't last!!!

3908 Ocean View Drive Unit A, Panama City Beach

Listing courtesy of Red Real Estate Associates, LL.

$479,000

8 Beds ⋅ 10 Baths ⋅ 791362 MLS

Turn key quadplex in a great central location convenient to Highway 98. Each townhouse is 2 beds, 1.5 baths. Property boasts a new metal roof after Hurricane Michael and an excellent rental history. Owner responsibilities are limited with each unit being separately metered for water and electric with residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!

1512 Kraft Avenue, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

$600,000

790972 MLS

Residential Mobile Home Park / Development Opportunity! Cleared 2.61-acre property on N Star Ave with excellent development potential. Per county information, the property may accommodate up to 32 single-family dwellings, subject to applicable approvals and development order, with city water and sewer connections estimated at approximately $40,000. The sale includes both 333 N Star Ave and 401 N Star Ave, consisting of two parcels totaling 2.61 acres. The property currently features two brand-new Fleetwood mobile homes, along with a new well, septic system, and power poles. One home is a 3-bedroom, 2-bathroom, 1,040-square-foot Fleetwood single-wide, and the other is a 4-bedroom, 2-bathroom, 2,128-square-foot Fleetwood double-wide. The two homes alone represent approximately $300,000 in cost. Conveniently located directly behind Callaway Elementary School and just minutes from restaurants, shopping, and everyday amenities. Whether you're looking to establish an income-producing residential portfolio or capitalize on future development potential, this property offers a unique opportunity. Buyer to verify all zoning, development, utility, and permitting information with the appropriate county and municipal authorities.

333 N Star Avenue, Panama City

Listing courtesy of Coldwell Banker Realty.

$1,600,000

790876 MLS

SUPER INCOME PRODUCING OPPORTUNITY - 14 Unit Apartment Complex (4 Buildings). GREAT VALUE ADD OPPORTUNITY. Centrally located between Tyndall Air Force Base and Panama City, and near Panama City Beach. Apartments breakdown includes 8 units at 800± Sq. Ft. with outside 64± Sq. Ft. laundry room and 6 units at 1,100± Sq. Ft. with indoor laundry. Recent improvements include new roofs in April 2026 on all buildings and freshly painted eves, soffits and entryways. The owners have taken special care with maintenance and repairs over many years of their ownership. All inspections and repairs reports, along with financial reports are available for review, with execution of a Non-Disclosure Agreement (NDA) by all prospective purchasers and their agents prior to releasing the reports and financial documents packages. All apartments are currently 100% occupied.

114 S Highway 22 A Unit 114 (1-8) & 118 (1-6), Panama City

Listing courtesy of Counts Real Estate Group.

$589,999

4 Beds ⋅ 2 Baths ⋅ 790852 MLS

Experience coastal living at its best with this beautifully maintained duplex just steps from Beach Access #5 and the stunning sugar-white shoreline along the Gulf. Offering a total of four bedrooms and two full baths, the property is configured as two private residences, each featuring two bedrooms and one bathroom, creating an excellent flexibility for personal use, vacation rentals, or long-term tenants. Perfect for those seeking an income-producing property or a beach getaway with added earning potential, this fully furnished duplex is move-in and rental ready from Day One. Outside, the enclosed backyard offers a private setting ideal for pets, entertaining, or unwinding after a day at the beach, while the outdoor fire pit creates a welcoming atmosphere for evening gatherings. Located in a highly sought-after beach community, this property presents an outstanding opportunity for investors and second-home buyers alike. Occupy one side while generating revenue from the other or maximize returns by leasing both units. Opportunities like this are rare in such a prime coastal location. All measurements, details, and information should be verified by buyer and/or buyer's representative.

5220 Beach Drive, Panama City

Listing courtesy of LoKation Real Estate.

$1,500,000

24 Beds ⋅ 18 Baths ⋅ 213375 MLS

Turnkey Investment Portfolio | 8 Tenant-Occupied Single-Family Homes | Dothan, AL Rare opportunity to acquire a fully stabilized, income-producing portfolio of eight single-family homes strategically located just outside the Dothan city limits in Houston County. All 8 homes are currently tenant-occupied with a near-zero vacancy history. When a unit turns, multiple applications arrive within days. The portfolio features a diverse property mix of 6 single-story and 2 two-story homes, each on its own separate parcel, offering a future buyer maximum flexibility for individual resale or refinancing. Property is Owner-managed using a digital property management platform, no traditional management company fees. Located minutes from Dothan's shopping, dining, medical centers, and major employers including Ft. Novosel and Southeast Health — two of the most significant and stable demand drivers in the Wiregrass region. County location means lower property taxes while tenants enjoy full access to city conveniences. Houston County home values are up 8.5% year-over-year, making this a strong appreciation market with sustained rental demand. This is a turnkey, performing asset with a proven tenant base and ready to cash flow from day one. Serious inquiries only. Financials, rent rolls, and lease agreements available upon request to verified buyers. Do not disturb tenants. Showings by appointment only with proof of funds or lender qualification.

2300 Middleton Rd, Dothan

Listing courtesy of Berkshire Hathaway HomeServices Showcase Properties.

$339,000

3 Beds ⋅ 2 Baths ⋅ 213355 MLS

A fully occupied duplex for sale! Great for any investor and located in a wonderful area. This duplex has mirrored sides with 3 bedrooms and 2 baths in each side. It offers LVP flooring and granite counter tops. There's a fenced in back yard and it is pet friendly.

503 S State Hwy 109, Dothan

Listing courtesy of Weichert Realtors JBR Legacy Group.

$895,000

3 Beds ⋅ 3 Baths ⋅ 790597 MLS

Closest home to the main resort-style pool in North Prominence, making this beautifully furnished 3BR/2.5BA townhome a true guest favorite. Sold fully furnished and with a 6-seater golf cart, this property offers easy access to nearby South Walton public beach access points, including popular Deer Lake State Park and Santa Clara Regional Beach Access. Inside, the home features a bright open-concept living, dining, and kitchen area with comfortable coastal furnishings, a spacious gathering area, a well-equipped kitchen with ample cabinetry and counter space, generously sized bedrooms, 2.5 baths, a private balcony, full-size laundry room with washer/dryer, and a 2-car garage. Located less than a 5-minute walk to The Big Chill--30A's lively town center with family activities, restaurants, boutique shops, live music, movies on the green, sporting events on the Megatron TV, Luke Bryan's cigar and gastro pub. and much more. Prominence offers outstanding amenities including two resort-style pools, one heated seasonally, zero-entry pool access, grilling areas, open green spaces, onsite ice machine, and access to 17+ miles of bike paths along 30A. Perfectly positioned between Seaside/Seagrove and Alys/Rosemary Beach, with Pier Park about 20 minutes away, this home offers strong rental appeal in one of 30A's most sought-after communities. *Golf Cart Details: The golf cart is a Low Speed Vehicle that goes up to 35mph. It is a 2021 Aetric 6 seater with seat belts, turn signals, etc. It is street legal and registered. *All information provided is deemed reliable but is not guaranteed and should be independently verified by buyers and buyers' agents. Measurements, square footage, lot size, HOA information, school assignments, zoning, and other property details are subject to change and should be confirmed by the purchaser.

11 E Pine Lands Loop Unit B, Watersound

Listing courtesy of Foundation Real Estate Agency LLC.

$578,000

6 Beds ⋅ 6 Baths ⋅ 790574 MLS

Serious price improvement. The numbers make great sense, solid ROI. Add to your portfolio today! Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged

116 Springfield Avenue, Panama City

Listing courtesy of Beachy Beach Real Estate.

$578,000

790575 MLS

Serious price improvement. The numbers make great sense, solid ROI. Welcome to a turnkey income-producing investment opportunity designed for ease, efficiency, and long-term value. Remodeled in 2021, this unique property features six detached single-family units, each offering one bedroom, one spacious bathroom, a comfortable living area, with a functional kitchen. Fully occupied and currently generating $63,900 in annual gross rental income, this property offers immediate cash flow with rent rolls available for review. Each unit was thoughtfully updated in 2021 with major improvements including 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, interior paint, luxury vinyl plank flooring, new kitchen cabinetry, and updated countertops. For streamlined management, each unit is individually metered for both water and electricity, helping simplify operations and reduce owner responsibility. With six separate dwellings, modernized systems, and established rental income already in place, this property is a strong addition to any investment portfolio. Whether you are looking to expand your rental holdings, secure consistent income, or invest in a low-maintenance multi-unit property, this turnkey opportunity is ready to perform from day one. Buyer to confirm measurements. Some photos edited and staged

116 Springfield Avenue, Panama City

Listing courtesy of Beachy Beach Real Estate.

$209,999

5 Beds ⋅ 3 Baths ⋅ 790461 MLS

Historic Craftsman Gem in Downtown Marianna, FL! Discover this beautiful 5-bedroom, 3-bathroom Craftsman-style home built in 1915, located right in the heart of downtown Marianna, Florida. In a growing community, this property offers a fantastic investment opportunity. Full of historic character and timeless charm, the home is priced to reflect the updates needed and presents excellent potential for a thoughtful remodel to restore its original beauty. As you enter, you are greeted by a large living room with a cozy sitting area, followed by a spacious formal dining room ideal for entertaining and a kitchen with plenty of cabinet space. The first floor features three large bedrooms, one with its own private bathroom, plus a versatile office that can easily serve as an additional bedroom. Upstairs, two long enclosed bedrooms share a large bathroom in the hallway that connects them. Additional features include a wheelchair-accessible ramp, a converted garage for ample storage, and a large wooden deck overlooking a secluded, shady backyard--perfect for enjoying morning coffee or watching the local wildlife in the afternoons. Situated on busy Highway 90 with excellent visibility and accessibility, this property benefits from a prime location. Marianna is home to the stunning Florida Caverns State Park and the crystal-clear Blue Springs at Merritt's Mill Pond. It is also just one hour from the world-famous white-sand beaches of Panama City Beach. This versatile 1915 Craftsman combines historic appeal with strong income potential, making it ideal as a primary residence, bed and breakfast, Airbnb vacation rental, or commercial office space in a growing market. A rare opportunity to restore and profit from a classic downtown property. Contact us today to schedule a private showing!

4305 Lafayette Street, Marianna

Listing courtesy of Chipola Realty.

$599,000

9 Beds ⋅ 6 Baths ⋅ 790460 MLS

Excellent investment opportunity to own a fully occupied triplex generating immediate rental income. Each of the three units offers approximately 1,300 square feet and features 3 bedrooms and 2 full bathrooms. Units include private driveways, individual backyard spaces, galley-style kitchens, and open living areas. Functional floor plans provide comfortable living arrangements that appeal to long-term tenants.

726 Detroit Avenue, Panama City

Listing courtesy of Realty One Group Emerald Coast.

$200,000

4 Beds ⋅ 2 Baths ⋅ 213270 MLS

THE OFFICE IN FRONT AND DUPLEX IN THE BACK ALL GO TOGETHER ($200,000 FOR ALL) This is a duplex with 2 separate apartments. One apartment is occupied by a tenant and has 3 bedrooms, 1 bathroom, a garage, a deck off of the master, storage underneath. The 2nd apartment is vacant and has 1 bed, 1 bath and has been updated with new flooring, paint, appliances. There is also an office in front of the duplex that is a part of this property. Agent used AI to make the photos brighter.

912 S Oates St, Dothan

Listing courtesy of Coldwell Banker/Alfred Saliba.

$1,100,000

5 Beds ⋅ 5 Baths ⋅ 790039 MLS

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

6722 S Lagoon Drive, Panama City

Listing courtesy of Beachy Beach Real Estate.

$1,575,000

790023 MLS

Introducing an exceptional investment opportunity featuring a newly constructed 5-plex built in 2025, offering modern design, strong income potential, and low-maintenance ownership. Even better, the entire development is fully occupied with long-term tenants already in place, providing immediate income and a true turnkey investment opportunity from day one. Each spacious unit features 3 bedrooms, 2 bathrooms, approximately 1,677 square feet, and an attached 1-car garage, creating an ideal setup for stable long-term rental demand and strong occupancy potential. These thoughtfully designed units showcase upscale finishes throughout, including oversized open-concept living spaces, luxury vinyl plank flooring, recessed lighting, modern fixtures, and beautifully appointed kitchens with custom cabinetry, stainless steel appliances, oversized islands, and warm butcher block countertops. The bathrooms offer a high-end contemporary feel with custom vanities, designer lighting, vessel sinks, designer mirrors, and stunning tiled walk-in showers with frameless glass enclosures. Built with today's renter in mind, each residence offers spacious layouts, modern coastal-inspired exteriors, private garage parking, and stylish, durable finishes designed for long-term appeal and minimal upkeep. The property also features ample parking, attractive curb appeal, and a clean, modern aesthetic that sets it apart from typical multifamily offerings. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a high-performing multifamily asset, this fully leased, turnkey development offers a rare opportunity to own a brand-new income-producing property with immediate cash flow and modern construction advantages.

5333-5345 Cherry Street, Panama City

Listing courtesy of Coldwell Banker Realty.

$695,000

15 Beds ⋅ 9 Baths ⋅ 789830 MLS

Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income. Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rents for $1,000/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property.

119 College Avenue, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$1,300,000

12 Beds ⋅ 12 Baths ⋅ 789738 MLS

Beautiful complex of 6 apartments built in 2024. 2 bedrooms and 2 bathrooms for each apartment, Excellent acquisition, modern and in a good area, close to hospitals, restaurants, schools, shops, beaches and more.

528 Kraft Avenue Unit A,B,C,D,E,F., Panama City

Listing courtesy of AMERICAN REALTY of Bay Co, Inc.

$574,999

3 Beds ⋅ 3 Baths ⋅ 789582 MLS

This has one has it all. From Location, desired GOLF Side, and MOVE IN READY - NEVER RENTED - Furnishings Negotiable, Press a button and your porch becomes Screened in creating extended outside living space even more enjoyable ! This beautifully appointed 2-story residence offers 3 bedrooms, 2.5 baths, and a 1-car garage, 2 in the driveway, all just moments from the vibrant Watersound Town Center with shopping, dining, green spaces, and community events right at your fingertips. Inside, the open-concept floor plan features stylish LVP flooring throughout the main living areas and a spacious island kitchen complete with Quartz countertops, sleek appliances, and plenty of room for gathering and entertaining. Elegant furnishings throughout the home may be negotiated with an acceptable offer, making this an easy turnkey opportunity. Golf course location in the Villas on the Fairway, a thoughtfully designed townhome community within the highly sought-after Watersound Origins neighborhood. Enjoy the Watersound Origins amenities which are like country club benefits without the country club price tag!

45 Golden Bell Court Unit 45C, Panama City Beach

Listing courtesy of Corcoran Reverie.

$760,000

8 Beds ⋅ 12 Baths ⋅ 789241 MLS

Brand-New Quadruplex Across from MLK Recreation Center - Panama City, FL Prime investment opportunity in Panama City, Florida. This newly constructed quadruplex features four spacious 2-bedroom, 2-bathroom units (8 bedrooms / 12 bathrooms total) and is located directly across from the newly developed Martin Luther King Jr. Recreation Center. The 30,000+ square-foot recreation facility enhances long-term rental demand with amenities including indoor and outdoor basketball courts, gymnasium space, STEM labs, recording studio, playground, and community programming -- making this an attractive location for tenants. This property offers: • Brand-new construction • Modern layouts with strong rental appeal as each Bedroom has its own full bathroom• Low-maintenance design, with garage • High-demand infill location Ideal for buy-and-hold investors, 1031 exchange buyers, or portfolio expansion in the growing Bay County market. Each unit has been subdivided and has its own parcel id number for easy breakout if the units were to be sold independently. Each has its own water and electrical meter. Rental rates around $1700 each. Expected Cap Rate 7-8%.

1421 Martin Luther King Junior Boulevard Unit A-D, Panama City

Listing courtesy of JC Real Estate Group, LLC..

$450,000

6 Beds ⋅ 4 Baths ⋅ 789006 MLS

Beautiful Newly b built duplex, ready to make it your main or home between families or to turn it into your acquisition for rents. Each duplex has 3 bedrooms and 2 bathrooms, modern kitchen, beautiful bathrooms, a large back yard. Near mall, near 23ST WHERE SCHOOLS, SUPERMARKETS AND DEPARTMENT STORES ARE LOCATED. Just 20 minutes from the best beaches in this area. Don't miss this opportunity.

2826 La Mesa Avenue Unit 2826/ 2828, Panama City

Listing courtesy of AMERICAN REALTY of Bay Co, Inc.

$496,000

6 Beds ⋅ 4 Baths ⋅ 787848 MLS

Investment Opportunity on 100x160 corner lot in Downtown Panama City! This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development. The property features: • Unit 1: 2 bedrooms, 1 bath • Unit 2: 1 bedroom, 1 bath • Unit 3: 3 bedrooms, 2 baths Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month. Live in one unit and rent the others or maximize returns by leasing all three--flexibility makes this property ideal for both investors and owner-occupants. Extensively updated in 2022, including new kitchens, bathrooms, flooring, roof, and more, this property is move-in ready and positioned for immediate cash flow. All measurements are approximate and should be verified by buyer.

803 Oak Avenue, Panama City

Listing courtesy of Local Insight Realty.

$674,900

4 Beds ⋅ 2 Baths ⋅ 787831 MLS

Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.

21104 S Lakeview Drive, Panama City Beach

Listing courtesy of The Premier Property Group.

$554,900

6 Beds ⋅ 3 Baths ⋅ 787586 MLS

Great investment opportunity in the desirable South Lagoon area! This well-located triplex offers the ideal combination of coastal living and steady income potential, just a short stroll from the sugar-white sands and nearby boat ramps. Conveniently situated near Grand Lagoon and St. Andrews State Park, with easy access to charter fishing, marinas, and popular local dining, this property is perfectly positioned to attract both long-term tenants and future vacation renters. Each of the three units features 2 bedrooms and 1 bathroom, with bright, open-concept layouts that provide comfortable and functional living spaces. The property is currently fully occupied with long-term leases in place, offering immediate and reliable rental income from day one. Whether you're looking to expand your portfolio, secure a coastal investment, or explore future short-term rental potential, this South Lagoon triplex delivers strong upside in a highly sought-after location. ALL SIZES AND MEASUREMENTS ARE APPROXIMATE. IF IMPORTANT, PLEASE VERIFY. Photos of interior are of Unit C.

6218 Hilltop Avenue Unit A,B,C, Panama City

Listing courtesy of Solis Real Estate of Florida.

$175,000

212427 MLS

Over 3.33 acres with existing mobile homes. Perfect for investors, expansion, or personal use. Property offers flexibility and opportunity in a convenient size.

1251 Davis Mill Rd, Slocomb

Listing courtesy of ERA Porch Light Properties, LLC.

$175,000

212426 MLS

Over 7.28 acres of land with existing mobile homes. Whether you're looking to invest, develop, or create your own space, this property offers plenty of potential and room to grow.

680 Pine Acres, Newton Al, Newton

Listing courtesy of ERA Porch Light Properties, LLC.

$650,000

787447 MLS

Prime Commercial Property Near Downtown - 10 Bedrooms, 8 Baths, Over 3,000 Sq. Ft. Exceptional opportunity to own or invest in a spacious commercial building offering over 3,000 square feet on a 0.27-acre lot, ideally located just minutes from Downtown, major shopping centers, and the hospital. This versatile property features 10 bedrooms and 8 baths, ready to adapt to a variety of commercial or mixed-use purposes. The layout allows for private offices, client suites, or guest accommodations, complemented by generous common areas and potential on-site parking. The building's solid structure and flexible floorplan make it an excellent fit for professional offices, medical or wellness practices, boutique lodging, or assisted living. With its high-visibility location, convenient access, and ample surrounding amenities, this property offers the perfect balance of functionality and growth potential. Highlights: 3,000+ sq. ft. commercial building 10 bedrooms / 8 bathrooms 0.27-acre lot with expansion or parking potential Minutes from Downtown, hospital, and shopping Ideal for office, medical, hospitality, or mixed-use Don't miss this rare opportunity to establish your business in one of the area's most convenient and thriving locations. Listing is for Both Properties 722 Martin Luther King & 722 1/2 MLK

722 N Martin Luther King Junior Boulevard, Panama City

Listing courtesy of Keller Williams Success Realty.

$560,000

4 Beds ⋅ 2 Baths ⋅ 787130 MLS

Discover the perfect blend of coastal living and income potential in this beautifully maintained home just steps from the beach in Port St. Joe! This 2,048 sq ft heated and cooled property features two fully self-contained units, each offering 2 bedrooms, 1 bathroom, full kitchens, and spacious living areas--ideal for short-term rentals, long-term income, or multi-generational living. Live in one unit and rent the other, or maximize returns by renting both! Situated less than two blocks (approximately 300 yards) from the beach, you'll enjoy quick and easy access via a dedicated beach access at the end of the street. The downstairs unit includes a fully enclosed sunroom, perfect for relaxing year-round, while the upstairs boasts a spacious deck with beautiful views. Accessibility is a standout feature, with a $10,000+ exterior lift providing easy access to the upper level. Recent updates and highlights include: New roof (2019) Durable Hardie board siding Whole-home generator Updated paver driveway and walkways Two 12x20 metal storage sheds Located just outside the flood zone (no flood insurance required) The property is framed by stunning oak trees, giving it incredible curb appeal and a true coastal charm. Whether you're searching for a primary residence, vacation home, or income-producing property, this one checks all the boxes. Don't miss your opportunity to own a versatile beachside property with built-in income potential--schedule your showing today!

248 Ponce De Leon Street, Port St Joe

Listing courtesy of Real Broker LLC.

$650,000

786967 MLS

Unlock the potential of this versatile Commercial High Intensity property - located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel / multi family, this property offers flexible use options for multi-family residential, short-term rental, workforce housing, or commercial conversion (buyer to verify zoning and intended use). The property features 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, providing multiple rental configurations and value-add possibilities. Positioned in a highly desirable central beach corridor, the location offers quick access to shopping, dining, attractions, and entertainment, along with convenient proximity to both Front Beach Road and Back Beach Road. Whether you're looking to restore a former hospitality asset, expand your rental portfolio, or explore redevelopment potential, this property presents a rare opportunity in one of Panama City Beach's most active growth areas.

604 Fernwood Street, Panama City Beach

Listing courtesy of Think Real Estate.

$650,000

7 Beds ⋅ 6 Baths ⋅ 786962 MLS

Unlock the potential of this versatile income-producing property located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel, this property offers flexible use options for multi-family residential, short-term rental, workforce housing, or commercial conversion (buyer to verify zoning and intended use). The property features 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, providing multiple rental configurations and value-add possibilities. Guests and tenants will enjoy the on-site swimming pool, creating an attractive amenity for vacation or long-term occupancy. Positioned in a highly desirable central beach corridor, the location offers quick access to shopping, dining, attractions, and entertainment, along with convenient proximity to both Front Beach Road and Back Beach Road. Whether you're looking to reposition a former hospitality asset, expand your rental portfolio, or explore redevelopment potential, this property presents a rare opportunity in one of Panama City Beach's most active growth areas.

604 Fernwood Street, Panama City Beach

Listing courtesy of Think Real Estate.

$750,000

5 Beds ⋅ 6 Baths ⋅ 786715 MLS

Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.

5218 Beach Drive, Panama City

Listing courtesy of Fun Quest Vacation Rentals Corp.

$499,000

5 Beds ⋅ 4 Baths ⋅ 786389 MLS

THREE COVE HOUSES for the price of one! Rare chance to live in the main house and rent out the cottages for income or rent all 3 for a cash flow machine! Main home features 3 beds, 2 baths, 1 car garage with updated kitchen, appliances and bathroom. Cottages are each concrete block featuring 1 bed 1 bath. All 3 homes are currently tenant occupied. Homes boast an excellent location in the Cove and offer a modern feel without sacrificing the original charm.

304 Allen Avenue, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

$529,000

4 Beds ⋅ 4 Baths ⋅ 785770 MLS

Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.

8402 Elizabeth Avenue, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

$820,000

785720 MLS

Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) - 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) - 2026 New refrigerators in units A, E, F - 2025/2026 New stoves in units B, D - 2025/2026 New A/C unit in unit B - 2025 New granite countertops unit C - 2025 New LVP flooring unit F - 2026.

22 Bobolink Street, Fort Walton Beach

Listing courtesy of NAI TALCOR.

$789,900

8 Beds ⋅ 8 Baths ⋅ 785640 MLS

LEGACY LANDMARK OPPORTUNITY!! Originally constructed in 1897 as The Lodge--an iconic local landmark--this beautifully restored property has been completely transformed into eight fully remodeled 1-bedroom/1-bath units, each offering thoughtfully designed living spaces & contemporary finishes. Expansive wraparound porches on both levels welcome you with a classic façade painted in soft coastal hues, while wide boardwalk-style walkways invite residents & guests alike to relax in the sea breeze & embrace that unmistakable Old Florida lifestyle. Inside each unit, bright open living areas enhance natural light & create an inviting atmosphere. The kitchens are appointed with sleek stainless appliances, chic cabinetry, tile backsplash accents & generous prep space--perfectly blending function & style. Private baths showcase modern fixtures & timeless tilework that feel both fresh & refined. With smart layouts, quality materials & attention to detail throughout, every suite feels like a brand-new home. Whether envisioned as a strong income-producing property, long-term rental opportunity, or owner-occupied residence with additional units to offset expenses, the configuration is both flexible & proven. Located just moments from Apalachicola's historic downtown district, you're within easy walking distance of renowned seafood restaurants, boutique shops, riverfront parks & the vibrant social rhythm of one of Florida's most beloved Gulf Coast communities. Weekends mean oyster roasts, farmers' markets & sunset strolls along the Apalachicola River--with pristine beaches only a short drive away. This is more than an investment--it's heritage renewed with modern purpose in a destination cherished by locals & visitors alike. Call for your private tour & LIVE THE BEACH LIFE!

145 6th Street, Apalachicola

Listing courtesy of Beach Properties Real Estate.

$1,300,000

4 Beds ⋅ 4 Baths ⋅ 785628 MLS

Two story located across from the desired Dedicated Beach in Mexico Beach. Panoramic views of the Gulf of Mexico 24/7. 2BR/1.5B upstairs with kitchen dining living and a wide front porch offering those sunset views. Downstairs is 2BR/1.5B with kitchen dining living and a covered front porch. There is a 2 car attached garage. The fenced back yard has an inground pool.

108 Hwy 98, Mexico Beach

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

$120,000

8 Beds ⋅ 4 Baths ⋅ 785534 MLS

Situated on more than an acre of land just North of Marianna, this expansive multifamily property presents a rare opportunity for visionary investors and developers. With substantial square footage and multiple private entrances, the layout offers incredible flexibility for a wide range of future uses. While renovations are needed, the possibilities here are truly exceptional. Reimagine the space as income-producing apartments, an assisted living facility (ALF), childcare center, vendor marketplace, or explore redevelopment options such as creating a mobile home park. The existing structure provides a strong foundation for transformation, and the center portion could potentially be removed to create a stunning courtyard or outdoor entertainment area--adding both value and appeal. Due to the size and multiple-entry configuration of the building, bedroom and bathroom counts will need to be verified, offering buyers the opportunity to design and configure the space to meet their specific needs. Enjoy the peace and privacy of a rural setting while remaining conveniently located approximately one hour from Dothan, Tallahassee, and Panama City. This strategic location provides tranquil surroundings without sacrificing access to major employment centers, shopping, dining, and other NWFL attractions. Bring your vision and unlock the tremendous potential this unique property has to offer!

4181 Apple White Street, Greenwood

Listing courtesy of Chipola Realty.

$3,599,000

12 Beds ⋅ 14 Baths ⋅ 785196 MLS

Investment Opportunity! Established Rental Income! Rent ready gem, luxury duplex, fully furnished & equipped to attract vacationers looking for a memorable stay in Mexico Beach. Total of 12 en-suite bedrooms, along with two half baths and two bunk rooms, the property can comfortably host large groups, making it a lucrative investment in Florida's thriving rental market. This stunning luxury duplex in Mexico Beach, FL, is more than just a home; it's a gateway to creating unforgettable memories with family and friends. With its prime location, luxurious amenities, and versatile living options, it stands out as an exceptional opportunity for anyone seeking a slice of paradise. Whether you envision it as your dream home, a vacation getaway, or a profitable investment, this property is ready to welcome you to the best of beachside living. Each Side - Level 1: The first level greets you with a spacious foyer & a convenient half bath, setting the tone for the elegance that follows. Level 2: Ascend to the second level, where you'll find a spacious living-dining-kitchen area adorned with designer furniture. The gourmet kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and exquisite wood cabinets, along with a charming farm sink. This level also includes a cozy bedroom with an en-suite bath, a powder room, & a laundry area. A covered porch provides stunning views of the beach and is the perfect spot for sunset watching. Level 3: On the third level, three additional bedrooms with en-suite baths ensure privacy and comfort for family members or guests. A covered porch offers a private escape to catch the refreshing Gulf breeze, making this level a perfect retreat after a day of beach fun. Level 4: Family Fun Zone The fourth level is dedicated to recreation, featuring a family area perfect for kids, along with two more bedrooms. One of these bedrooms is a fun haven, equipped with three sets of twin bunk. Enjoy the heated cocktail pool, a putting green & covered patio.

111 S 31st Street Unit A & B, Mexico Beach

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

$2,060,000

8 Beds ⋅ 8 Baths ⋅ 784958 MLS

Turn key quadplex across the street from the Gulf of America. Each unit is a 2 bedroom 1 full and 1/2 bath with an open floor plan and gulf views. These completely furnished units has a covered front porch, second story covered deck off of a top bedroom with Gulf of America views. Need to entertain or just want extra space? There is a spacious back patio that is partitioned for privacy, large back yard, and side covered parking gives the property many options for added features or expansion versus similar beach multi unit residences. There is a recorded beach access pedestrian easement for easy beach access right across the street. Conveniently located equidistant between Port St Joe and Mexico Beach for a variety entertainment options. The subdivision is decades old and has its own ingress and egress road with no thru traffic. NO HOA!! All units are in an X flood zone per the Gulf PA website, part of the added covered parking is in an AE zone. Verify if important. Some dimensions taken from the Gulf County Property Appraiser's website, please verify if important.

206-212 Watermark Way, Port St Joe

Listing courtesy of Rish Real Estate Group.

$549,900

5 Beds ⋅ 3 Baths ⋅ 784070 MLS

Back on the market at no fault of sellers...Welcome to your perfect beach getaway! Conveniently located between the lagoon and the beach. This spacious FULLY FURNISHED 5 bedroom/3 bathroom home offers 2 houses in 1!! The main house (upstairs) is 4 bedroom/2 bath with a full downstairs appt with separate entrance offering 1 bedroom/1 bath. Live in one and rent out the other or rent both. This home features a beautifully updated living space just a short walk from the stunning white sandy beaches. Whether you're looking for a full-time residence, vacation home, or TURN KEY RENTAL, this beach house checks every box. Recently refreshed with updated paint, flooring, and lighting, the home blends modern comfort with coastal charm. Relax and unwind on the outdoor patios where you can feel the breeze. SEPARATE IN LAW SUITE DOWNSTAIRS, Ideal for guest or another source of rental income!! This home offers both convenience and tranquility. Enjoy the ease of beach access just moments from your door, and take advantage of the area's vibrant dining, shopping, and entertainment. Don't miss this incredible opportunity to own a move-in-ready beach property with strong rental potential and room for everyone!

3914 Ural Street, Panama City

Listing courtesy of Keller Williams Success Realty.

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