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$2,338,215
186490 MLS
Pristine Pasture land! Fenced and cross-fenced. 5 ponds, spring-fed, depth 12 to 22 ft. Branches on property - all weather lime strip branch quail, turkey, deer, stocked pond, excellent hunting. Could have 20 acre pond. Two bedroom house on the property. Barn, Grain Bin. Approximately 8 acres in ponds; approximately 60 acres mature long leaf pines. Windmill - Very well maintained. Panoramic views, gently sloping. Beautiful fields, currently has black angus cattle on site. Beautiful home sites; Baker Hill water; Pea River Electric; Approximately 3 miles of fencing per seller; Paved Road frontage on Bud Gary (1,782 ft) and Cooper Road (1,134 ft).

369 Bud Gary Rd, Clayton

Listing courtesy of LAKE REAL ESTATE.

$2,300,000
184157 MLS
Large Parcel 3.7 acres +- on Ross Clark Circle, Three separate Buildings , Multiple Tenents, Financials upon request . Great site for expansion or new development.

1799 Ross Clark Cir, Dothan

Listing courtesy of Lan Darty Real Estate & Development.

$2,300,000
783424 MLS
Amazing Development Opportunity is Ready for! In a Prime Location, this 4.77 acre parcel is zoned General Commercial 2. Located in the Gateway Overlay and is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area as well. Situated just before the Hathaway Bridge in Panama City offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. ACCESS: offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This parcel is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of the listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

4810 W Highway 98, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$2,300,000
774655 MLS
Rare gulf front lot opportunity in the rapidly rising West End section of Panama City Beach. Less than 1.4mi from Carillon Beach and less than 2.75mi from Walton Co. line. All the benefits of proximity without the over crowding and at a significant pricing discount to SoWal and even Carillon. La Valencia is a well established subdivision with architectural standards and consistent high quality residences. Short-term rentals are allowable. Owner would have use of tennis courts, community pool and clubhouse.

21611 Front Beach Road, Panama City Beach

Listing courtesy of NAI TALCOR.

$2,299,000
6 Beds ⋅ 5 Baths ⋅ 792091 MLS
Experience refined coastal living just moments from the sugar-white sands and emerald waters of the Gulf. Located less than a one-minute stroll to the beach, this exceptional six-bedroom luxury residence offers beautiful Gulf views from the second and third floors while blending elegant design with effortless beachside comfort. Designed for both entertaining and relaxation, the private outdoor oasis features a heated swimming pool, spa, and inviting spaces to unwind after a day on the beach. Inside, the thoughtfully designed floor plan provides exceptional flexibility for owners and guests alike. The first level features a spacious guest suite with an ensuite bath, along with a stunning chef's kitchen showcasing custom cabinetry, a gas range, premium finishes, and an open-concept living area ideal for gathering with family and friends. The second floor offers three generously sized guest bedrooms with private baths, an additional living area, and a convenient kitchenette, creating the perfect retreat for extended family or guests. The private third-floor owner's suite is easily accessed by elevator and captures beautiful Gulf views, accompanied by an additional bedroom to complete the upper level. Located in a short-term rental-friendly community, this home offers ample parking, a fire sprinkler system, and the convenience of elevator access to the upper floors. Lovingly owner-occupied and never offered as a vacation rental, the property has been meticulously maintained and presents a rare opportunity to own an exceptional luxury beach home just steps from the Gulf.

123 Dupree Street, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

$2,275,000
791994 MLS
This 6.22-acre Development Opportunity ''Forgotten Coast Villas'' in Mexico Beach, Florida, is a rare find that combines a prime location, comprehensive development plans, and significant investment potential. With the beach just half a mile away and all the groundwork already laid for a 39-unit complex, you have the chance to create a thriving community in one of Florida's most beautiful coastal towns. One of the standout features of this development opportunity is the comprehensive engineering plans already in place. These plans have been meticulously crafted to ensure a smooth development process, saving time and resources for the new owner. The renderings included in the photos section showcase the envisioned 39-unit complex, complete with seven beautifully designed buildings with mixtures of 1BR, 2BR, 3BR and 4BR units, and a community clubhouse featuring a pool. Each unit comes with its own address and individual parcel number, allowing for straightforward ownership and management. This property is not just a piece of land; it's a fully prepared development opportunity. With all necessary documents and plans recorded, you can hit the ground running. Known for its beautiful white sandy beaches and crystal-clear waters, Mexico Beach is a desirable destination for those looking to escape the hustle and bustle of city life. The area is increasingly popular among tourists, making it an ideal spot for a residential complex that caters to both long-term residents and seasonal visitors.

932 15th Street, Mexico Beach

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

$2,262,200
778807 MLS
REDUCED--REDUCED - REDUCED. !! --- BRING. OFFERS----- EXCEPTIONAL GROWTH COMING NORTH ON HWY 79. GREAT LOCATION !! ONLY 34 MILES NORTH OF Panama City BEACH, THERE IS MASSIVE GROWTH ALREADY PLANNED IN THE AREA. BEST TIME TO INVEST ! THIS PROPERTY HAS APPROX. 2300' ON HWY 79. THE PROPERTY IS DIVIDED BY HIGHTOWER RD, WHICH ALSO LEADS DOWN TO HOLMES CREEK AND THE PARK. THE PARK IS MAINTAINED BY Washington County AND HAS A BOAT LAUNCH. ROLLING HILLS WITH BEAUTIFUL TREES. ALSO HAS EASY ACCESS FROM Panama City AND Lynn Haven, ALSO FROM I10 TO THE NORTH. HWY 79 IS A DIVIDED 4 LANE HWY, NORTH AND SOUTH. THIS PROPERTY HAS ENDLESS INVESTMENT PROJECTS. PROPERTY COULD POTENTIALLY BE REZONED COMMERCIAL. DON'T MISS OUT ON THIS GREAT INVESTMENT OPPORTUNITY. CALL FOR MORE INFO NOW. !!

00 Hightower Road, Vernon

Listing courtesy of World Impact Real Estate.

$2,250,000
794590 MLS
Rare opportunity to own 1.69 acres of cleared, filled waterfront land with approximately 70 feet of waterfront frontage, seawall already in place, and an incredible location just minutes from Gulf access. At approximately 1100 feet deep, this expansive parcel offers exceptional privacy, flexibility, and room to create your ideal waterfront retreat. This property includes a shared driveway already in place and plans for a carriage house, providing an excellent starting point for development. Imagine building your dream home, adding your own private pier and keeping your boat right in your backyard, waking up to stunning sunrises, and ending your day gazing at the gorgeous Bay. This 3627 Delwood Beach Rd. property as it all. Substantial acreage, existing seawall, cleared and filled land, and close proximity to Gulf access, this is truly a special waterfront opportunity, a private oasis. Perfectly positioned just outside two highly desirable upscale neighborhoods, this property offers the rare combination of privacy, space and convenient access to the area's best amenities. The location provides an ideal lifestyle for boating, golfing, dining and beach days, all just minutes from your home. Seller is a licensed Realtor in the State of Florida.

3627 Delwood Beach Road, Panama City

Listing courtesy of Think Real Estate.

$2,250,000
781393 MLS
This large parcel has expansion possibilities for an outparcel plus the vacant lot adjacent to current center that is included in the sale. Dollar General is the anchor tenant in this center. The 1200 SF space is a nail salon and the 3000 SF space has a retail/service tenant.

387 US-90, Defuniak Springs

Listing courtesy of Investors Real Estate Mgnt LLC.

$2,245,000
5 Beds ⋅ 4 Baths ⋅ 789973 MLS
Experience refined coastal luxury on the shores of St. Joe Bay in this exceptional custom-built retreat located within the highly sought-after gated community of WindMark Beach in Port St. Joe, Florida. Perfectly positioned to capture breathtaking bay views and unforgettable sunsets, this stunning residence blends timeless coastal architecture with high-end designer finishes and meticulous attention to detail throughout. Every space was thoughtfully curated to create a sophisticated yet relaxed waterfront lifestyle that today's luxury buyers and vacation guests are searching for. Inside, the home showcases wide-plank flooring, custom millwork, shiplap accents, designer lighting, spa-inspired bathrooms, oversized windows, and a soft coastal palette that complements the natural beauty surrounding the property. The open-concept design was built for entertaining, seamlessly connecting the expansive living areas to oversized covered balconies overlooking St. Joe Bay. Designed with both luxury and functionality in mind, the property features multiple guest suites, spacious gathering areas, and an incredible custom bunk room ideal for maximizing occupancy and short-term rental income potential. An elevator services multiple floors of the home, adding convenience and elevated appeal rarely found in coastal investment properties. Outdoor living takes center stage with expansive covered porches, a private pool, and private beach access just steps away, allowing owners and guests to fully embrace the laid-back elegance of bayfront living. Whether spending the day on the water, relaxing poolside, or enjoying quiet evenings overlooking the bay, every aspect of this home was designed to deliver an unforgettable coastal experience. Beyond the property itself, WindMark Beach offers one of the most desirable coastal lifestyles along Florida's Gulf Coast. This gated waterfront community is known for its pristine natural beauty, miles of walking and biking trails, resort-style community pool, fitness center, community gathering spaces, beach access points, and charming coastal village atmosphere. Residents and guests enjoy easy access to waterfront dining, boutique shopping, live music, marinas, boating, fishing, and the laid-back charm that has made Port St. Joe one of Florida's hidden gems. Located along the pristine waters of St. Joe Bay, this property offers the rare combination of luxury craftsmanship, exceptional rental capability, resort-style amenities, and private coastal serenity -- making it an extraordinary opportunity for those seeking a premier waterfront investment or luxury vacation retreat along Florida's Gulf Coast.

539 Windmark Way, Port St Joe

Listing courtesy of Counts Real Estate Group.

$2,213,875
5 Beds ⋅ 6 Baths ⋅ 794758 MLS
GRAND CANAL WATERFRONT LIVING IN GATED BAY POINT! Welcome to 339 Wahoo Road, a rare Panama City Beach waterfront home offering approximately 95 feet of canal frontage and an approximately 95-foot concrete dock, complete with two jet ski lifts and approximately 7 feet of water depth. Enjoy boating access to the bay and Gulf of Mexico, with Grand Lagoon, St. Andrews State Park, and Shell Island just a boat ride away. Step off the boat and into your own private waterfront retreat! Built for entertaining, this home takes indoor-outdoor living to another level. The expansive waterfront outdoor area features a pool, hot tub, Trex deck, gas fire pit, outdoor cooking area, indoor bar, extensive indoor/outdoor bar and gathering spaces, and multiple indoor/outdoor beverage coolers--all overlooking the Grand Canal. Whether you're hosting a large celebration, cooking by the pool, gathering around the fire pit, or unwinding in the hot tub after a day on the water, this space was designed to enjoy the Florida lifestyle year-round. Inside, custom details set this home apart, including a stunning pecky cypress and blue epoxy river knee wall, pecky cypress handrails, and an impressive marble and real-wood fireplace. Walls of windows keep the Grand Canal at the center of the home, complemented by electric living room blinds and solar-controlled bedroom shades. The spacious kitchen features two refrigerators and a double oven, while the primary suite includes a double Jacuzzi tub. An in-law suite with a separate exterior entrance offers added flexibility for guests or multigenerational living. Additional coastal-minded features include high-impact glass, hurricane-rated doors, and a roof designed to meet applicable wind standards. The property is also located on a desirable section of the canal outside the mapped flood zone.* Living in Bay Point means enjoying much more than the home itself. This gated Panama City Beach community offers a Jack Nicklaus-designed golf course, Bay Point Marina, waterfront restaurants and bars, and Serenity Spa. Head through the back gate and you're just minutes from the beaches, St. Andrews State Park, and Thomas Drive dining and nightlife. Waterfront. Boating. Golf. Beaches. Entertaining. 339 Wahoo Road brings it all together. Spend the day on the Gulf, pull your boat up to your own dock, then end the evening poolside or around the fire overlooking the Grand Canal. This is Panama City Beach waterfront living at its best. *Buyer to verify canal frontage, water depth, flood zone designation, wind/hurricane ratings, boating access, community amenities, measurements, and all information deemed important.

339 Wahoo Road, Panama City Beach

Listing courtesy of Salty Marlin Realty LLC.

$2,200,000
783178 MLS
The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5-year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a month to month lease. They have occupied the space for over 4 years. OWNER FINANCING AVAILABLE WITH 20% DOWN, 6% INTEREST, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR CALL.

1114-1120 Thomas Drive, Panama City Beach

Listing courtesy of Varnes Realty.

$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.

$2,180,000
784825 MLS
This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

5420 Hickory Street, Panama City

Listing courtesy of Legacy Premier Agency.

$2,150,000
727082 MLS
Here is just an incredible 307 acre parcel in the Allanton Community of East Bay. There is over a 1/2 mile of waterfront. The property has been planted over the years and has pines on it. See attached document for a detailed breakdown of the acreage. Located near the Eastern Shipbuilding Company and along the intracoastal waterway, you can take boats through the intracoastal to anywhere. Also, it's not a far distance out to the bay and Gulf of Mexico. There is the ability to purchase more contiguous properties for a total of 703 acres. Also, this 307 acre parcel can be subdivided into smaller parcels, see MLS # 774974, 774977, and 774978.

Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$2,145,000
785747 MLS
This +/-1,650 SF medical / professional office suite with first-class finishes provides a professional and inviting atmosphere. Situated in a high-visibility location along the main commercial corridor, it offers excellent exposure to passing traffic, with traffic counts upward of 14,300. Property is conveniently located near local amenities, making it easily accessible for both employees and clients. Ample parking ensures hassle-free access for staff and visitors. The suite is fully equipped with fire and security monitoring systems, and 3-phase power is available if needed, offering flexibility for a variety of business operations.

4357 Lafayette Street, Marianna

Listing courtesy of NAI TALCOR.

$2,145,000
785554 MLS

00 Kynesville Road, Marianna

Listing courtesy of Crosby & Associates, Inc.

$2,100,000
5 Beds ⋅ 6 Baths ⋅ 214757 MLS
Exceptional custom estate situated on approximately 11 private acres across two parcels. Offering approximately 5,700 sq. ft., this quality-built residence features 5 bedrooms, 4 full and 2 half baths, substantial 2x6 wall construction, spray-foam insulation and distinctive 11-inch-wide plank cypress flooring throughout. The impressive entry opens to beautifully detailed living spaces featuring custom millwork, built-ins, soaring ceilings and a dramatic great room with vaulted wood ceiling, stone fireplace and expansive views of the property. The gourmet kitchen is designed for serious entertaining, with professional-grade appliances, an oversized island, extensive custom cabinetry, and generous prep and storage space. Custom cabinetry continues throughout the home, including built-ins, vanities, storage areas and specialty millwork. Outside, the beautifully maintained grounds offer privacy, mature landscaping, expansive lawns and covered outdoor living areas. A remarkable approximately 2,400-sq.-ft. detached brick building is fully insulated, plumbed with water, HVAC-ready and includes a 10,000-lb. automotive lift. Ideal for the collector, workshop or hobbyist. A rare combination of acreage, craftsmanship, technology, storage and versatility.

2075 Judge Logue Rd, Newton

Listing courtesy of JW Grant Realty.

$2,100,000
794636 MLS
Unlock the potential of this prime farmland in Campbellton, FL, offering a wealth of opportunities for investors. Zoned Ag and strategically located, this parcel presents an ideal canvas for custom development plans, catering to a range of commercial concepts. Whether you are an owner-user, developer, or land banking strategist, the property's low-improvement status and flexible future use potential make it a compelling long-term hold opportunity. With minimal existing constraints and the potential for phased development strategies, this adaptable site invites investment-driven acquisition with the promise of tailored site planning. Don't miss the chance to capitalize on this versatile and lucrative investment prospect.

5110 Highway 273, Campbellton

Listing courtesy of Crosby & Associates, Inc.

$2,100,000
5 Beds ⋅ 5 Baths ⋅ 790609 MLS
First tier X FLOOD ZONE North Cape San Blas with sub-minute beach access -- no highway crossing, just a short walk over the dunes to some of the whitest sand in Florida. Ownership here means daily access to the Gulf out front and St. Joseph Bay just minutes away, where scalloping in summer, kayaking the flats, and redfish on the fly are part of the rhythm of life. T.H. Stone Memorial St. Joseph Peninsula State Park sits at the tip of the Cape, offering nine miles of protected shoreline, hiking and paddling trails, and some of the most celebrated sunsets on the Gulf Coast. This almost 3,500 sqft. gulf-view home offers 6 bedrooms, 5 baths, and comfortable sleeping for 18, making it equally suited to multi-generational ownership and strong vacation rental income for buyers seeking an investment property. The main level centers on a soaring gathering room with Gulf views, a dining area, and a gourmet kitchen featuring granite counters, stainless appliances, a walk-in pantry, and a center island seating five. The third-floor primary suite opens to a private Gulf-view deck and includes double vanities, a soaking tub, and a separate shower, with two additional bedrooms and the main laundry on the same level. A dedicated top-floor kids' retreat with three twin bunk sets, a sofa, TV, and full bath gives younger guests a space of their own. A residential elevator services the first three floors. Outside, a private 30 x 10.5 heatable pool anchors a spacious deck with sun and shade, served by a poolside kitchenette with drink fridge and ice maker. Additional features include a gas grill, fish cleaning station, enclosed outdoor shower, electronic-lock entry, and parking for five. The 8-mile Loggerhead Walk/Bike Path is at the doorstep. Bed count: 3 Kings, 1 Queen, 1 Full/Full Bunk, 3 Twin/Twin Bunks. Established rental history available on request.

4439 Cape San Blas Road, Port St Joe

Listing courtesy of Keller Williams Success Realty.

$2,099,000
13 Beds ⋅ 15 Baths ⋅ 772255 MLS
* 5 Doors from the Shore - Invest in Style & Income!* Investor's dream in Panama City Beach! This exceptional turnkey rental package includes a beautifully designed triplex and duplex, sold together and fully furnished for immediate income generation. Built in 2020, the triplex offers over 4,000 square feet of thoughtfully planned space, featuring 9 bedrooms and 9 bathrooms across three individually themed units: The Beach Cabana, The Groovy Shack, and Welcome to Paradise. Each unit is uniquely styled to provide guests with a one-of-a-kind, Instagram-worthy experience, complete with private entrances, vibrant exterior doors, and modern coastal finishes that capture the laid-back beach vibe. The adjoining duplex adds another 2,800 square feet of living space, offering 4 bedrooms and 6 bathrooms across two distinct units: The Surf House and The Tropical House. Like the triplex, these units continue the playful, curated design aesthetic and are optimized for maximum guest appeal and rental performance. Every unit has been thoughtfully furnished and is fully equipped, making this a true plug-and-play investment opportunity. Guests will love the short walk to the Gulf, where they can enjoy white sandy beaches and turquoise waters—making these rentals even more attractive in Panama City Beach's thriving vacation market. With strong rental history and impressive income (figures available upon request), this property is already a high-performing asset with even more room to grow. Plans are in place for a 3-bedroom townhouse to be added on the west side of the lot, offering future expansion potential and additional income opportunities. Located just minutes from popular dining, shopping, and entertainment, this property package delivers the perfect combination of location, lifestyle, and long-term value. Whether you're looking to expand your portfolio or break into the short-term rental space, this opportunity checks all the boxes.

10609 Parkhill Circle, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

$2,095,000
6 Beds ⋅ 4 Baths ⋅ 787336 MLS
Custom built Single Family home/Vacation property. Completed October 2024. Steps from beach access 84 Laguna beach. 6/7-bedroom 2 large master bathrooms, 2 standard master bathrooms. 2 powder rooms. Large Kitchen with walk in pantry. Premium appliances. Granite counter tops in kitchens. Quartz countertops in bathrooms. Separate upstairs apartment with own outside stair access. 2nd kitchen and living dining area. Dual AC units. On-demand gas hot water heater. Standing seam roof. Premium windows and Storm French doors. Leaffilter Gutters 8+ car parking spaces. Furniture available.

210 Twin Lakes Drive, Panama City Beach

Listing courtesy of ListWithFreedom.com Inc..

$2,095,000
5 Beds ⋅ 5 Baths ⋅ 772185 MLS
***2025 RENTAL INCOME: $205,000 ***2026 BOOKINGS AT $205,000 YTD AND ON TRACK FOR $225,000 Money maker AND beach renourishment has begun on the Cape! This gorgeous property is ready for you, and there's still plenty of high season left. Seller will work with you to transfer existing bookings, so you've got money in the bank just waiting on your offer! HIGHLIGHTS: • Beachfront beauty • Gorgeous Gulf views • 3 levels with elevator! • 5 Bedrooms, 7 Beds, 4 1/2 Baths • Sleeps 16 • Successful short term rental (projections included) • Recently painted interior • All new furniture March 2024 • Multiple balconies/sun decks ***** Get ready to live your best beach life with this fantastic Gulf-front gem! With 50 feet of direct access to the beach, this home is all about fun in the sun. Featuring 5 bedrooms and 4.5 baths, plus an extra area that can easily serve as a 6th bedroom, there's plenty of space for everyone! Spread over three stories, this beauty includes an elevator for easy access to all levels. The main living area has an open floor plan that's perfect for gatherings, with a spacious kitchen packed with counter space, a large breakfast bar, a cozy dining room, and a welcoming living room. You'll love the oversized master bedroom with its own Gulf-facing balcony, where you can soak in those ocean views! Newly furnished as of March 2024, this home is ready for you to move right in or start renting out. Parking? No problem! There's room for 4+ vehicles on the long driveway. Plus, you'll have direct boardwalk access to the soft, white sands of the beach--ideal for lazy days by the water. Located conveniently close to all the fun on the Forgotten Coast and just a hop away from a public boat ramp, you'll never run out of things to do. With a laundry room and an additional closet for washer/dryer connections, this place has everything you need. Don't miss out on this incredible opportunity to embrace the beach lifestyle! See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!

3611 Cape San Blas Road, Port St Joe

Listing courtesy of EXP Realty LLC.

$2,075,000
2 Beds ⋅ 1 Baths ⋅ 794715 MLS
Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

6321 Lenawee Street Unit D, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

$2,070,000
743809 MLS
Multiple use commercial location with restaurant, mini warehouses, and residential rentals. DEVELOPMENT POTENTIAL MOTEL/GAS STATION/FAST FOOD. Starting on the corner of 4100 W. Hwy 98, and 1805 Grant Avenue. m330 ft. approx. on 98 by 232 approx. on Grant Avenue.

4100 W Hwy 98, Panama City

Listing courtesy of St Andrews Bay Realty.

$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.

$2,050,000
7 Beds ⋅ 4 Baths ⋅ 787257 MLS
EXCEPTIONAL VALUE ALERT Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.

4120 Nancee Drive, Panama City

Listing courtesy of Coastal Living Realty & Associates.

$2,000,000
8 Beds ⋅ 10 Baths ⋅ 793380 MLS
Brand-new construction duplex, perfectly positioned just a 3-minute stroll from the beach with no HOA! Designed for elevated living and exceptional rental performance, each townhome offers approximately 2,500 square feet of thoughtfully curated living space, featuring 4 spacious bedrooms, a bonus living area, and 4.5 designer bathrooms. Every detail has been carefully selected, from the premium luxury vinyl plank flooring and quartz countertops to the Frigidaire Gallery appliance package, designer lighting and plumbing fixtures, and commercial-grade Hayward pool equipment with private heated pools. The first floor welcomes you with a private guest suite featuring an en-suite bath, while the expansive open-concept kitchen, dining, and living areas flow seamlessly to a covered outdoor living space complete with a fireplace and private heated pool--creating the perfect setting for entertaining or relaxing after a day at the beach. The second level offers two generously sized bedroom suites, each with its own en-suite bath and walk-in closet, providing comfort and privacy for family and guests alike. The third floor serves as a private retreat, featuring a spacious bonus living room, convenient kitchenette, and access to an oversized covered balcony where you can enjoy Gulf views and coastal breezes. An additional bedroom suite with a walk-in closet and en-suite bath completes this level, while multiple flex closets throughout the home provide abundant storage or dedicated owner lockout space. Whether you're seeking a premier luxury vacation rental, a second home, or a full-time coastal residence, this exceptional property delivers the perfect combination of sophisticated design, modern amenities, and an unbeatable beachside location.

6806 Thomas Drive, Panama City

Listing courtesy of RE Florida Homes.

$2,000,000
4 Beds ⋅ 3 Baths ⋅ 790541 MLS
LARGE LOT ON THE GULF. 60 Feet directly on the Gulf. Most of the gulf front lots are 50 but this is 60 feet . This property is located next to 12 large homes built in the last few years. What makes this property special is that most of the new gulf front homes built on Surf Drive are built on 45 of Gulf frontage, THIS PROPERTY HAS 60 FEET OF GULF FRONTAGE. This is an original Florida beach cottage that has so much history and wonderful memories. It was one of the first to be built on Surf Drive. It can certainly be used as is but needs updating. Obviously, what makes this property so valuable is the fact that it is one of the largest gulf front lots in all of Panama City Beach. It is located on the east end of PCB on Surf Drive. Surf Drive is one of the most sought after locations as 12 large gulf front homes have been built next to this property in the last 5 years or so. IT IS WITHIN WALKING DISTANCE OF THE NEW WORLD FAMOUS TOOTSIES. It is less than 10 minutes to all of the marinas on Navy Blvd. St Andrewes State Park is only 5 miles away. This property is close to many restaurants, entertainment venues and golf courses.

8301 Surf Drive, Panama City

Listing courtesy of Lifes A Beach Real Estate, LLC.

$2,000,000
783720 MLS
Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.

941 W Florida 20 Highway, Freeport

Listing courtesy of NAI TALCOR.