Panama City, FL Real Estate | Panama City, FL 5 Bathroom Homes for Sale

The coast is close. The quiet is yours. Built like a storm shelter, finished like a custom home, and close to self-sufficient. 5,137 square feet on 5 private acres, reached by a long, paved driveway, a short drive from the beaches. Built stronger than the code requires: twice the wall studs, a hurricane tie on every roof truss. Owned solar: the monthly electric bill is just the FPL connection fee. Sole-source artesian well: cold, clear water from the ground, and even the outdoor spigots run cold and clear, with no water bill. 4 bedrooms and 4½ baths in slate, marble, hardwood, and custom tile. 12-foot ceilings, crown molding, hardwood through the living space, every closet cedar-lined. Steam shower, slate shower, clawfoot tub, jetted tub, wood-burning slate fireplace. Custom kitchen cabinets to the ceiling, dual-fuel range, upstairs wet bar and entertaining space, screen-enclosed saltwater pool. Two garden plots ready to plant and a pole barn with a concrete floor Space, privacy, the coast, and near-zero utilities, together at one address. Built once, by hand, and you wont find another.

9101 N Highway 231, Panama City

$910,000

4 Beds ⋅ 5 Baths ⋅ 792856 MLS

Panama City Beach is booming, making this a prime time to own in one of the area's most desirable gated communities. Located in Martinique on the coveted east end, this custom-built 4-bedroom, 5-bath coastal home is just minutes from the sugar-white sands and emerald waters of the Gulf. Inside, you'll find an open-concept design with 10' ceilings, crown molding, a gourmet kitchen with granite countertops, stainless steel appliances, and a spacious living area with a fireplace. Two luxurious primary suites, each with spa-inspired baths, provide exceptional comfort, while every bedroom features its own private bath. Your backyard is designed for relaxation with a private plunge pool, water feature, outdoor shower, and covered lanai. Recent improvements include a new upstairs HVAC system, oversized water heater with instant hot water recirculation, fresh exterior paint, new sod, impact-resistant windows, and a recently inspected roof. Martinique offers walking trails, ponds, lush natural landscaping, and a community pool, all within walking distance of Grand Marlin, Captain Anderson's, J. Michael's, the marina, and the weekend farmers market. With new attractions, continued investment, and rising demand fueling Panama City Beach's growth, homes in premier locations like Martinique are becoming increasingly difficult to find. Don't miss your opportunity to own a luxury coastal home in the heart of it all.

5301 Hopetown Lane, Panama City

$1,585,000

5 Beds ⋅ 5 Baths ⋅ 792793 MLS

****CURRENTLY IN THE PERMITTING PROCESS FOR A COMMUNITY DOCK.**** Each slip can hold up to a 42 ft sports fish convertible boat with outriggers.!**** Beyond the gas lanterns and handcrafted cypress doors lies a home where timeless architecture, waterfront living, and extraordinary craftsmanship come together in a way that is rarely found--and even more rarely offered. Blending timeless French Provincial architecture with extraordinary craftsmanship, luxurious entertaining spaces, and an exciting future boating opportunity, this custom Bay Point estate is unlike anything else currently available. Offering approximately 3,855 heated square feet (not including the separate auxiliary indoor kitchen), this remarkable residence features 5 bedrooms, 4.5 baths, two bonus rooms, a three-car garage, an English garden-inspired pool and spa, and breathtaking water views that are protected by neighboring waterfront setbacks. *****FOR BOATING ENTHUSIAST, an exceptional opportunity awaits. After a two-year approval process, the owners are now in the permitting phase for a private community DOCK shared by only four neighboring properties, located just three lots away. The approved boat slip is designed to accommodate up to a 42-foot sportfish convertible with outriggers, creating an extraordinary lifestyle rarely available in Bay Point. In 2023, the home had undergone extensive improvements, including an approximately 900-square-foot addition, outdoor kitchen, a newer roof, three newer HVAC systems, and in 2026, the owners added a newly installed steam shower, fresh interior paint, and updated brick paver flooring. From the moment you arrive, the home's architectural character is unmistakable. A solid wood front door welcomes you beneath three glowing gas lanterns, framed by custom cypress shutters, handcrafted cypress garage doors, decorative wrought-iron fencing, elegant balconies, and beautifully manicured English garden landscaping. Inside, every room reflects a level of craftsmanship that is increasingly difficult to find. Hickory hardwood floors, reclaimed century-old solid wood doors, antique rim-lock hardware, extensive custom millwork, soaring ceilings reaching approximately 17 feet, exposed brick accents, tongue-and-groove heart pine ceilings, and designer lighting from Restoration Hardware and Visual Comfort combine to create a home filled with warmth, sophistication, and timeless elegance. Designed for both everyday living and unforgettable entertaining, the outdoor living area features a resort-style pool and spa surrounded by mature landscaping and an impressive built-in brick outdoor kitchen complete with a gas grill, gas burner, industrial flat-top griddle, and an adjacent auxiliary indoor kitchen featuring a full-size refrigerator, commercial ice maker, custom cabinetry, and stainless sink.The chef's kitchen is equally impressive, showcasing a premium Thermador appliance package including a built-in refrigerator/freezer, 48-inch range, matching dishwasher, brand-new wine refrigerator, and two separate ice makers. The thoughtfully designed floor plan offers two luxurious primary suites, three additional bedrooms, four-and-a-half baths, and two versatile bonus rooms. The primary suite is a true retreat featuring a spectacular custom-designed walk-in closet with automatic cabinet lighting, built-in cabinetry, and a hidden speakeasy entrance. Throughout the home, bathrooms are appointed with marble and porcelain finishes, three classic clawfoot soaking tubs, dramatic vaulted ceilings, and a spa-inspired steam shower. Hidden throughout the residence are details that make this home unforgettable--from two concealed speakeasy rooms to a formal dining room with wet bar, whole-home surround sound wiring, surveillance system, plantation shutters, motorized shades, and a rare William IV / Early Victorian cast-iron fireplace insert imported from London and dating to approximately 1830s. This is more than a home--it is a residence that has been thoughtfully curated over the years with exceptional attention to detail, timeless materials, and architectural authenticity. Every space has been designed to create an atmosphere that feels both luxurious and welcoming, offering an extraordinary opportunity to own one of Bay Point's most distinctive custom water view properties.

542 Wahoo Road, Panama City

$2,850,000

4 Beds ⋅ 5 Baths ⋅ 791000 MLS

Experience timeless elegance and waterfront serenity in this extraordinary Mediterranean-inspired estate, perfectly positioned on a sprawling bayfront lot. From the moment you arrive, the home's graceful arches, warm architectural details, and inviting courtyard create an unforgettable first impression, setting the stage for a lifestyle defined by beauty, comfort, and coastal charm. Inside, the residence unfolds with refined sophistication. A spacious living room anchored by a stunning fireplace opens to breathtaking bay views, creating the perfect setting for both relaxed evenings and elegant entertaining. The formal dining room showcases exquisite custom plaster-finished walls, offering a rich and artistic backdrop for memorable gatherings. At the heart of the home, the chef's kitchen is as functional as it is beautiful, featuring a striking brick accent wall, double ovens, a gas range, and an oversized island with a butcher block top. Sunlit and inviting, the eat-in kitchen overlooks both the tranquil koi pond and the sparkling bay beyond, seamlessly blending indoor and outdoor living. Just off the kitchen, a cozy sitting room with its own fireplace provides the perfect retreat for quiet mornings or intimate conversations. The thoughtfully designed split floor plan offers privacy and comfort, highlighted by a luxurious master suite that includes a rare original 1940 greenhouse feature, adding a touch of history and charm. The spa-like master bathroom invites relaxation with a large soaking tub, separate shower, and an expansive walk-in closet. Three additional bedrooms, each with their own full bathrooms, ensure comfort for family and guests alike, with one guest suite featuring its own fireplace for added warmth and character. A gallery-style hallway runs through the home, offering the perfect space to display art and personal collections. Outdoors, the property transforms into a true private oasis. Multiple water features, including a beautifully stocked koi pond, create a peaceful, resort-like atmosphere. The custom covered patio and pergola with an outdoor fireplace and built-in grilling area make entertaining effortless, while the expansive lawn stretches to the water's edge, complete with a seawall and direct bay access. Adding a sense of fun and uniqueness, the grounds also feature a zip line and a custom playhouse, making this estate as playful as it is luxurious. Blending classic Mediterranean architecture with modern comforts and unparalleled waterfront living, this one-of-a-kind property offers a lifestyle that is both elegant and unforgettable. Whether enjoying quiet sunsets over the bay or hosting gatherings under the stars, this home is a rare opportunity to own a true coastal masterpiece.

518 Bunkers Cove Road, Panama City

$565,000

4 Beds ⋅ 5 Baths ⋅ 1004979 MLS ⋅ 1,850 SqFt.

Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.

306 Penny Ct, Panama City

$565,000

4 Beds ⋅ 5 Baths ⋅ 790859 MLS

Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.

306 Penny Court, Panama City

$899,000

4 Beds ⋅ 5 Baths ⋅ 790078 MLS

Gulf views, a private heated gunite pool, no HOA, and just steps to the white sand beaches of Panama City Beach. Welcome to 6728 Beach Drive, a turnkey coastal retreat designed for personal enjoyment and strong short-term rental potential. This beautifully maintained beach house offers the perfect setup for a primary residence, second home, vacation getaway, or income-producing investment property. The backyard is a true private oasis featuring a heated gunite pool, fire pit, and outdoor shower -- ideal for relaxing after a day at the beach. Inside, the home is bright, open, and thoughtfully designed for hosting. The spacious kitchen features granite countertops, stainless steel appliances, warm wood cabinetry, and great flow into the dining and living areas. With multiple living spaces, a game room, and flexible sleeping arrangements, there is plenty of room for families and guests to spread out comfortably. The home features 4 bedrooms, 3 full bathrooms, and 2 half bathrooms, including three king en suite bedrooms, a first-floor master suite, additional bunk accommodations, and a third-floor loft with a daybed and trundle. The layout allows the home to comfortably sleep up to 14 guests, making it highly appealing for vacation rental use. Enjoy Gulf views from the upper balcony, where morning coffee and evening sunsets feel like part of the lifestyle. Located just a short walk to the beach and minutes from St. Andrews State Park, Shipwreck Island Waterpark, Panama City Beach Winery, Tootsie's, grocery stores, dining, shopping, and entertainment, this home offers both convenience and coastal charm. Currently operating as a successful short-term rental, 6728 Beach Drive offers high occupancy potential, a prime Panama City Beach location, Gulf views, a private heated gunite pool, no HOA, and turnkey coastal appeal. Because in the vacation rental world, layout, location, and amenities are everything -- and this one has all three. Whether you are looking for a Panama City Beach vacation rental, second home near the beach, income-producing investment property, or full-time beach residence, this one checks all the boxes. Schedule your private showing today and see why 6728 Beach Drive is one of the Panama City Beach properties buyers and investors need to have on their list.

6728 Beach Drive, Panama City

$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

$1,450,000

3 Beds ⋅ 5 Baths ⋅ 1003151 MLS ⋅ 4,350 SqFt.

Nestled in the heart of Kings Point, one of Panama City's most storied and sought-after neighborhoods with NO HOA, this is an incredible WATERFRONT property where deep-water access, luxury amenities, and authentic community come together to make home. No HOA. This home is over 5,000 SF heated and cooled living space and has been designed for families who want everything within reach and ideal for those who want to truly live the lifestyle that waterfront living affords. Step out your door, onto your private dock and oversized pool. Deep-water access paired with a 10,000 lb. boat lift with walk boards in a 34'x14' slip means your vessel is ready the moment you are, and with just 6 nautical miles to the Gulf of America with no idle speed zones, a saltwater escape is never more than a short cruise away. This dock is designed and prepped to add a boat house cover so when the time comes, you're ready to make it happen. When staying home is on the agenda, the pool draws you in: designed with lap lanes for the swimmer who takes their mornings seriously and transforms effortlessly into the ultimate backyard centerpiece. It's equally suited for quiet Sunday floats and back yard gatherings with neighbors you're going to love! A charming brick exterior, a covered porch the length of the home and mature landscaping is what you're greeted with when you pull into your two-car garage. Inside, every space has been sized generously and designed with intention. Oversized bedrooms and walk-in closets offers a home feel like a true retreat. The primary suite is anchored on the main level by two closets that rival entire rooms. A gracious sitting room off the foyer sets the tone from the moment you arrive. The dedicated home office, complete with its own fireplace and built-in with custom millwork, is the kind of space that makes working remotely feel like a privilege. And upstairs there's a flex room that would be equally suited as a private fitness studio, playroom, or creative haven, adapting naturally as your life evolves. Above the garage, an additional fully outfitted 720 SF (not included in overall SF) theater room doubles beautifully as an independent mother-in-law suite. A full bath is also accessible from this area giving your guests the space they deserve or perfect for nights in a game room. Mahjong or poker anyone? The kitchen and living area are spacious and include exceptional views of the large pool, a pavered patio, mature landscaping and the waters leading into the Bay. The kitchen brings additional seating with an eat-in area and offers professional-grade appliances, a full-size wine cooler, double ovens-great for entertaining, cooktop with stainless range hood, ice maker, prep sink, and oversized walk-in pantry. The living area is anchored with a fireplace and flanked by two sets of French doors leading to the patio, pool and dock. The formal dining room is just off the kitchen and presented beautifully with a gorgeous chandelier and wallcovering. A convenient powder room for guests is located off the foyer in the center of the home. Upstairs, you'll find the flex room as well as two guest bedrooms with en-suite baths and multiple walk-in closets for each bedroom. This kind of space and room to spread out is rare in a home this size! Kings Point is the kind of community where people plant roots and stay. Walkable streets, mature canopy trees, and neighbors who wave...it's a pace of life that feels increasingly rare and genuinely worth savoring. The location is as practical as it is enviable: Publix and everyday conveniences are just minutes away. Coastal dining favorites in St. Andrews are just minutes away and the waterfront restaurants along St. Andrews Bay become part of your regular rhythm. Top-rated schools serve the area, and everything you love about coastal Florida living is right outside your door. Twenty minutes to the beach. Six nautical miles to the Gulf. A lifetime of living is found at 2806 Canal Drive.

2806 Canal Dr, Panama City

$1,450,000

3 Beds ⋅ 5 Baths ⋅ 789910 MLS

Nestled in the heart of Kings Point, one of Panama City's most storied and sought-after neighborhoods with NO HOA, this is an incredible WATERFRONT property where deep-water access, luxury amenities, and authentic community come together to make home. No HOA. This home is over 5,000 SF heated and cooled living space and has been designed for families who want everything within reach and ideal for those who want to truly live the lifestyle that waterfront living affords. Step out your door, onto your private dock and oversized pool. Deep-water access paired with a 10,000 lb. boat lift with walk boards in a 34'x14' slip means your vessel is ready the moment you are, and with just 6 nautical miles to the Gulf of America with no idle speed zones, a saltwater escape is never more than a short cruise away. This dock is designed and prepped to add a boat house cover so when the time comes, you're ready to make it happen. When staying home is on the agenda, the pool draws you in: designed with lap lanes for the swimmer who takes their mornings seriously and transforms effortlessly into the ultimate backyard centerpiece. It's equally suited for quiet Sunday floats and back yard gatherings with neighbors you're going to love! A charming brick exterior, a covered porch the length of the home and mature landscaping is what you're greeted with when you pull into your two-car garage. Inside, every space has been sized generously and designed with intention. Oversized bedrooms and walk-in closets offers a home feel like a true retreat. The primary suite is anchored on the main level by two closets that rival entire rooms. A gracious sitting room off the foyer sets the tone from the moment you arrive. The dedicated home office, complete with its own fireplace and built-in with custom millwork, is the kind of space that makes working remotely feel like a privilege. And upstairs there's a flex room that would be equally suited as a private fitness studio, playroom, or creative haven, adapting naturally as your life evolves. Above the garage, an additional fully outfitted 720 SF (not included in overall SF) theater room doubles beautifully as an independent mother-in-law suite. A full bath is also accessible from this area giving your guests the space they deserve or perfect for nights in a game room. Mahjong or poker anyone? The kitchen and living area are spacious and include exceptional views of the large pool, a pavered patio, mature landscaping and the waters leading into the Bay. The kitchen brings additional seating with an eat-in area and offers professional-grade appliances, a full-size wine cooler, double ovens-great for entertaining, cooktop with stainless range hood, ice maker, prep sink, and oversized walk-in pantry. The living area is anchored with a fireplace and flanked by two sets of French doors leading to the patio, pool and dock. The formal dining room is just off the kitchen and presented beautifully with a gorgeous chandelier and wallcovering. A convenient powder room for guests is located off the foyer in the center of the home. Upstairs, you'll find the flex room as well as two guest bedrooms with en-suite baths and multiple walk-in closets for each bedroom. This kind of space and room to spread out is rare in a home this size! Kings Point is the kind of community where people plant roots and stay. Walkable streets, mature canopy trees, and neighbors who wave...it's a pace of life that feels increasingly rare and genuinely worth savoring. The location is as practical as it is enviable: Publix and everyday conveniences are just minutes away. Coastal dining favorites in St. Andrews are just minutes away and the waterfront restaurants along St. Andrews Bay become part of your regular rhythm. Top-rated schools serve the area, and everything you love about coastal Florida living is right outside your door. Twenty minutes to the beach. Six nautical miles to the Gulf. Waterfront achieved!

2806 Canal Drive, Panama City

$439,000

5 Beds ⋅ 5 Baths ⋅ 789143 MLS

Unique opportunity to own a versatile property in the heart of Springfield offering residential living, income potential, and future possibilities. Currently utilized as a single-family residence and classified as such by the Bay County Property Appraiser, this expansive property features approximately 8,000 square feet under roof, including multiple living areas, flexible-use space, and a large indoor workshop. The property currently includes two separate living quarters, making it ideal for multi-generational living, rental income opportunities, or a variety of personal and business uses. An additional flex space and large indoor workshop provide even more versatility. With its existing layout and previous use, there may be potential for additional living units, creating attractive income-producing opportunities for the next owner (buyer to verify). One of the standout features of this property is the solar panel system, which conveys with the sale and helps keep utility costs remarkably low. The owner reports average electric bills of approximately $40 per month for heating and cooling the entire property, providing exceptional long-term savings for a structure of this size. According to the City of Springfield, the property is designated General Commercial on the City's Future Land Use Map. The City utilizes Future Land Use designations rather than traditional zoning. While the property is currently classified and taxed as a single-family residence based on its present use, the General Commercial Future Land Use designation may allow for a variety of future commercial and multi-family uses, subject to City approval, permitting requirements, inspections, and compliance with applicable building codes. Additional peace of mind comes from the roof replacement completed in 2019, which was upgraded to current code standards and includes High Temp Fire & Ice underlayment. Conveniently located near shopping, restaurants, schools, medical facilities, Tyndall Air Force Base, and major transportation routes, this property offers a rare combination of size, flexibility, energy efficiency, and future potential in a growing area. Whether you're looking for a multi-generational estate, an income-producing property, or a unique live/work opportunity, 3911 E. 11th Street presents possibilities that are difficult to find elsewhere. Schedule your private showing today and discover everything this exceptional property has to offer.

3911 E 11th Street, Panama City

$1,094,600

4 Beds ⋅ 5 Baths ⋅ 784601 MLS

Here you can have the best of both worlds: Private pool AND close to beach access! Whether you want to stay in and swim or venture out to salt and sand, 7403 Sunset has you covered! HIGHLIGHTS: --Fully furnished and ready to rent! --Master suite downstairs --4 spacious bedrooms (2 with en suites) --4 full + 1 half bath --Split living/dining areas with lots of possibilities --Great flow from kitchen to dining to living area --Coffee bar area --Laundry room downstairs --Bonus room upstairs for lounging, play, or bunks --Private heated pool with large decking --Covered back porch --Single-car garage (would make a great game room!) --Driveway parking for 3 + golf cart space 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!

7403 Sunset Avenue, Panama City

$1,250,000

4 Beds ⋅ 5 Baths ⋅ 782809 MLS

Waterfront elegance meets modern luxury in this stunning Intracoastal home located within a private gated community. Enjoy sweeping water views from the primary bedroom and multiple balconies designed for seamless indoor-outdoor living. This fully remodeled residence features four bedrooms, each with its own private full bathroom, offering both comfort and privacy for family and guests. The gourmet kitchen is a true showpiece, boasting quartz countertops, a copper farmhouse sink, induction cooktop with downdraft, drawer microwave, and double wall ovens with air-fryer functionality. High end lighting over the large island. Plenty of room for seating or entertaining. The family room is beautifully appointed with surround sound, custom built-ins, crown molding, glass cabinetry, coffee bar. The Dining Room has spectacular view of the water and sunsets. The primary suite is a luxurious retreat featuring a spa-like en suite with a clawfoot soaking tub, double vanities, and an expansive custom walk-in closet. Low HOA. This home features its own deeded dock. This home has been thoughtfully renovated throughout and delivers refined coastal living with exceptional attention to detail.

6724 Yacht Club Drive, Panama City

$1,895,000

4 Beds ⋅ 5 Baths ⋅ 987287 MLS ⋅ 4,125 SqFt.

LANDMAXXING at its finest! Welcome to 34 Palms -- A One-of-a-kind Waterfront Oasis Redefining Luxury Coastal Living. Experience the pinnacle of Florida waterfront living at 6701 Yacht Club Drive, a remarkable 0.83-acre peninsula estate with 360° panoramic bay views and endless adventure come together. Perfectly positioned with water on all sides, this 4-bedroom, 5-bath, 4,125-square-foot home captures the essence of the Florida boating lifestyle -- where every sunrise, sunset, and gentle breeze reminds you that you've arrived somewhere truly special. A Boater's Paradise: With direct Gulf access from your backyard, 34 Palms is your personal gateway to the open water. Offering both a private dock and an additional community boat slip, this property was designed for those who love to live life on the water. The calm bay setting is also perfect for kayaking, paddle-boarding, and jet skiing, all from the comfort of your home. Outdoor Living at Its Finest: Every inch of the estate was designed to celebrate outdoor living. Expansive decks and palm-lined walkways lead to multiple lounging areas ideal for entertaining or simply soaking in the serenity. Surrounded by lush tropical landscaping, this private oasis allows you to fish, paddle, or relax in complete tranquility all while enjoying breathtaking 360° views unique to its peninsula setting. Elegant Interiors & Inspired Design: Inside, natural light pours through floor-to-ceiling windows, illuminating open living spaces that seamlessly blend indoor and outdoor living. The heart of the home a bright, modern kitchen and inviting living area is perfect for both gatherings and quiet reflection, offering stunning water views from every angle. Luxurious Private Retreats: The primary master suite, perched on the top floor, provides a peaceful sanctuary with a private balcony, outdoor shower, and sweeping sunrise-to-sunset views. A third-floor guest suite offers its own ensuite bath and walk-in closet, while two additional bedrooms share a charming Jack-and-Jill bath ideal for family or guests. A three-car garage with an office or workshop space completes the thoughtful layout. Key Features -0.83-acre peninsula lot with water on all sides -Over 500+ of Waterfront -Private dock plus community marina boat slip -Direct Gulf of Mexico access for boating and fishing -Expansive 4,125 sq. ft. of light-filled living space -Multiple decks and outdoor entertaining areas -Lush tropical landscaping -Waterfront Gazebo with Private Beach -Largest lot in East Bay Preserve More than a home, 34 Palms is a lifestyle one defined by endless horizons, outdoor adventure, and effortless elegance. Discover unparalleled waterfront living where every day feels like a getaway. Schedule your private tour today and experience how 34 Palms redefines luxury coastal living.

6701 Yacht Club Dr, Panama City

$1,895,000

4 Beds ⋅ 5 Baths ⋅ 781374 MLS

Landmaxxing at its finest! Welcome to 34 Palms A One-of-a-kind Waterfront Oasis Redefining Luxury Coastal Living. Experience the pinnacle of Florida waterfront living at 6701 Yacht Club Drive, a remarkable 0.83-acre peninsula estate with 360 panoramic bay views and endless adventure come together. Perfectly positioned with water on all sides, this 4-bedroom, 5-bath, 4,125-square-foot home captures the essence of the Florida boating lifestyle where every sunrise, sunset, and gentle breeze reminds you that you've arrived somewhere truly special. A Boater's Paradise: With direct Gulf access from your backyard, 34 Palms is your personal gateway to the open water. Offering both a private dock and an additional community boat slip, this property was designed for those who love to live life on the water. The calm bay setting is also perfect for kayaking, paddle-boarding, and jet skiing, all from the comfort of your home. Outdoor Living at Its Finest: Every inch of the estate was designed to celebrate outdoor living. Expansive decks and palm-lined walkways lead to multiple lounging areas ideal for entertaining or simply soaking in the serenity. Surrounded by lush tropical landscaping, this private oasis allows you to fish, paddle, or relax in complete tranquility all while enjoying breathtaking views unique to its peninsula setting. Elegant Interiors & Inspired Design: Inside, natural light pours through floor-to-ceiling windows, illuminating open living spaces that seamlessly blend indoor and outdoor living. The heart of the home a bright, modern kitchen and inviting living area is perfect for both gatherings and quiet reflection, offering stunning water views from every angle. Luxurious Private Retreats: The primary master suite, perched on the top floor, provides a peaceful sanctuary with a private balcony, outdoor shower, and sweeping sunrise-to-sunset views. A third-floor guest suite offers its own ensuite bath and walk-in closet, while two additional bedrooms share a charming Jack-and-Jill bath ideal for family or guests. A three-car garage with an office or workshop space completes the thoughtful layout. Key Features Include: -0.83-acre peninsula lot with water on all sides. -Over 500+ of Waterfront. -Private dock plus community marina boat slip -Direct Gulf of Mexico access for boating and fishing. -Expansive 4,125 sq. ft. of light-filled living space. -Multiple decks and outdoor entertaining areas -Lush tropical landscaping. -Waterfront Gazebo with Private Beach. -Largest lot in East Bay PreserveMore than a home. 34 Palms is a lifestyle one defined by endless horizons, outdoor adventure, and effortless elegance. Discover unparalleled waterfront living where every day feels like a getaway. Schedule your private tour today and experience how 34 Palms redefines luxury coastal living.

6701 Yacht Club Drive, Panama City

$2,875,000

6 Beds ⋅ 5 Baths ⋅ 769495 MLS

Gulf-Front Oasis with Private Saltwater Pool & Excellent Rental Income! This stunning 6-bedroom, 4.5-bath beachfront home offers the ultimate luxury coastal living experience, sitting directly on the sugar-white sands of Panama City Beach--zero steps to the beach! With approximately 2,850 sq. ft., this beautifully designed home provides expansive Gulf views from nearly every room. The open-concept floor plan features a nice kitchen and a spacious living room and dining area, perfect for large gatherings. The living area is bright and airy, with large windows that capture breathtaking sunset views over the Emerald Coast. The two king bedrooms on the main floor are en suite. Upstairs, the four bedrooms offer ample space for guests, each designed with comfort and relaxation in mind; they provide flexibility for families or rental guests, ensuring everyone has their own space to unwind. Step outside to over 1,800 sq. ft. of outdoor decking, including 450 sq. ft. of covered space, ideal for enjoying the soothing sound of the waves or escaping the midday sun. The private saltwater pool is the perfect place to cool off while taking in the unobstructed views of the Gulf of America. With ample parking for boats, motorcycles, or RVs, this home is designed for both relaxation and adventure. Whether you're looking for a primary residence, vacation home, or a high-income rental investment, this property delivers! Proven rental history makes it a turnkey investment opportunity, generating strong and consistent revenue. Located on Surf Drive, this home is just steps from Captain Jack's Crab Leg Buffet and minutes from some of the area's best dining and entertainment, including Schooner's, Grand Marlin and Captain Anderson's. Enjoy easy access to St. Andrews Bay, Shell Island, fishing charters, golf courses, and family attractions. This is your chance to own a piece of paradise on Panama City Beach--schedule your private showing today! $352263 on the books for 2025 and $340000+ for 2026 and over $100000 for 2027 (as of July 9, 2026)

8205 Surf Drive, Panama City

$325,000

12 Beds ⋅ 5 Baths ⋅ 773347 MLS

Excellent value-add opportunity for investors or healthcare operators or large dwelling. This 6,788 SF former assisted living facility is situated on a 1-acre parcel just outside Panama City, Florida. Previously licensed as a 34-bed residence, the property features 12 bedrooms, 5 bathrooms, and significant potential for redevelopment or renovation. The building is currently vacant and in need of substantial updates—ideal for those seeking a renovation project. Whether you're looking to restore its original purpose or repurpose it entirely, this property presents a rare opportunity in a growing market.

11921 Caruso Drive, Panama City

Panama City, FL 5 Bathroom Homes for Sale

Newest Panama City, FL 5 Bathroom Homes for Sale

Mike Johnson

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