Panama City, FL Real Estate Search

Panama City, FL Homes for Sale

Overview of the Real Estate Market in Panama City, FL

The real estate market in Panama City, Florida, has been experiencing significant changes, attracting potential homeowners and investors alike. Situated along the stunning Gulf Coast, the city offers a mix of vibrant community life, beautiful beaches, and a growing economy. With a diverse range of properties available—from cozy beachfront condos to expansive family homes—Panama City has become a sought-after destination for those looking to relocate or invest in real estate. Whether you are drawn by the area’s natural beauty or its economic opportunities, those considering a real estate endeavor in Panama City will find a bustling market with plenty of options.

Types of Properties Available

In Panama City, prospective buyers can explore a wide variety of real estate options. Condominiums dot the coastline, offering stunning views of the beaches and easy access to waterfront activities. Single-family homes are prevalent in family-friendly neighborhoods, often featuring spacious yards and community amenities. For those looking for investment properties, Panama City also has a range of duplexes and multi-family homes that provide potential rental income. With such diversity, the local market caters to a broad audience, ensuring that everyone can find something that fits their lifestyle and budget.

Market Trends and Predictions

Recent trends in the Panama City real estate market indicate a robust demand that has resulted in rising property values. Following the economic recovery post-COVID-19, there has been an influx of buyers seeking real estate in coastal areas for both permanent residence and summer getaways. Experts predict that this upward trajectory will continue, as remote work becomes more common and individuals seek homes that offer not only aesthetic appeal but also a desirable quality of life. Moreover, new commercial developments are on the rise, which could further stimulate residential demand in the coming years.

The Economic Impact of Tourism

Tourism plays an essential role in Panama City’s economy, directly influencing the real estate market. The area's pristine beaches and vibrant local attractions draw millions of visitors annually, creating a strong demand for rental properties. This influx has encouraged many investors to purchase homes and condos to capitalize on short-term rental opportunities. The popularity of platforms like Airbnb has transformed the landscape, as many property owners are now generating significant income through vacation rentals. Thus, the symbiotic relationship between real estate and tourism continues to strengthen the local economy.

Future Developments and Community Expansion

Looking ahead, Panama City is poised for future growth, with various development projects underway aimed at enhancing living conditions and attracting new residents. Expansion of infrastructure, public facilities, and green spaces are all part of the city's plan to create a more livable and inviting environment. As the community continues to develop, property values are likely to rise, making it an opportune time for potential buyers and investors to enter the market. As Panama City embraces modernization while maintaining its charm, it positions itself as a prime destination for those seeking real estate in a vibrant coastal setting.

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Panama City, FL Homes for Sale

Avg. No of Beds
Avg. No of Baths
Avg. Living Ft2
Avg. Listing Price
Cost per ft2
Days on Market

Newest Panama City, FL Homes for Sale

$449,999
4 Beds 2 Baths 795124 MLS
Welcome to 103 Arlington Drive, a beautifully updated waterfront home offering approximately 2,745 square feet, 4 bedrooms, 2 bathrooms, multiple living areas, and peaceful views of Lake Martin. The versatile split-bedroom floor plan places the water-view primary suite on its own wing, while the additional bedrooms and bath are located on the opposite side of the home. From the moment you enter, your view carries through the spacious living area and expansive Florida room to the backyard and lake beyond. The home offers plenty of room to gather, including a large dining room, family room with fireplace, and an updated kitchen featuring quartz countertops, stainless steel appliances, custom cabinetry, LED lighting, and an Instahot system. The oversized Florida room provides another exceptional living and entertaining space while taking full advantage of the backyard and water views. Since purchasing in 2022, the sellers have continued to improve the property with hurricane-impact windows and sliders throughout the main home, a new water heater, fresh interior paint, a complete hall bath plumbing upgrade, chimney cleaning and upgrades with a new cap, an A/C air scrubber, gutter leaf-filter screens, regrouted kitchen and family room floors, motion security lighting, and custom closet inserts in the primary and additional bedrooms. Outside, the approximately 0.26-acre property offers generous parking and space for a boat, RV, and guests, plus a detached 27x16 shop with 220V power and an additional 15x12 shop, providing excellent storage, workshop, or hobby space. With its combination of waterfront views, substantial square footage, multiple living spaces, extensive improvements, and convenient access to shopping, dining, schools, and Tyndall Air Force Base, 103 Arlington Drive offers a rare amount of space and versatility inside and out.

103 Arlington Drive, Panama City

$1,070,000
3 Beds 4 Baths 795076 MLS
A Coastal Sanctuary Where Luxury Meets Laid-Back Living. Welcome to a truly special home in Panama City Beach, where refined coastal living meets the tranquility of nature. Nestled within a beautiful gated neighborhood and ideally located near Grand Lagoon, pristine beaches, state parks, and an incredible selection of fine and casual dining, this exceptional residence offers the best of the area right at your fingertips--while providing a peaceful retreat to come home to. Thoughtfully designed with both comfort and entertaining in mind, this 3-bedroom, 3½-bath home offers an inviting open-concept layout with beautiful custom finishes throughout. The main level centers around a spacious living, dining, and kitchen area designed for effortless everyday living and gathering with family and friends. The luxurious primary suite is also located on the main floor, creating a private retreat complete with a beautifully appointed ensuite bath, custom tilework, custom cabinetry, and a generous walk-in closet. Upstairs, two spacious bedrooms each feature an attached full bathroom, offering privacy and comfort for family members or guests. A separate bonus room adds another level of enjoyment with a customized home movie theater, creating an incredible cinematic experience without ever leaving home. Step outside and the magic continues. Enjoy your morning coffee or an evening breeze from the inviting open front porch, or retreat to the screened porch overlooking the private dipping pool and expansive pavered outdoor space. Here, the setting becomes just as memorable as the home itself. Beyond the backyard lies a serene lake with a beautiful fountain, creating a picturesque backdrop that changes with the seasons. The surrounding landscape is home to an abundance of wildlife, including deer, herons, osprey, and turtles. It feels less like a backyard and more like your own private nature sanctuary--a place where you can slow down, reconnect with nature, and enjoy the beauty of the outdoors throughout the year. And when you're ready to explore. Spend the day at the beach, explore the nearby state park, enjoy the waters of Grand Lagoon, or discover the area's diverse dining and entertainment options. Adding to the appeal, the gated community prohibits short-term rentals, preserving the peaceful residential character of the neighborhood. This is a home designed for living well, it's beautifully appointed, wonderfully private, and surrounded by the natural beauty and coastal lifestyle that make Panama City Beach such a special place to call home. Come experience the sanctuary for yourself.

5407 Hopetown Lane, Panama City

$650,000
3 Beds 3 Baths 795058 MLS
Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. One of the property's most memorable features is the converted garage game room, giving guests their own place to unwind with arcade games, air hockey, darts, basketball, and more. Outdoor spaces add even more appeal, with balconies, a lower-level patio and grill area, and a second-floor balcony overlooking the community pool. The location makes it easy for guests to enjoy Panama City Beach without spending the entire vacation in the car. Thomas Drive, St. Andrews Bay, dining, entertainment, and the beach are all nearby, while St. Andrews State Park is less than three miles away. Shopping, golf, charter fishing, water activities, family attractions, and the area's many restaurants provide plenty to explore beyond the shoreline. Whether you're searching for a beach property to enjoy yourself, an established vacation rental to add to your portfolio, or a combination of both, this property brings together guest-friendly amenities and a highly desirable location just a short walk from the Gulf.

7824 Thomas Drive, Panama City

$1,199,999
3 Beds 3 Baths 795051 MLS
Experience true Gulf-front living with this rare 3-bedroom, 2.5-bath beachfront townhome with Hall bunks located directly on the sand in the heart of Panama City Beach and with NO HOA. Forget elevators, parking garages, and hauling beach gear across a resort. Here, you can simply step off your private back deck and onto the sugar-white sand of the Gulf of Mexico. This property has been used as a second home and has been exceptionally well cared for, offering buyers a move-in-ready coastal retreat with the added potential to become an amazing short-term rental investment. The spacious three-bedroom layout provides plenty of room for family, guests, or vacationers. Enjoy morning coffee with the sound of the waves, spend your afternoons soaking up the Florida sunshine, end the day with sunset walks along the beach or a glass of wine and hot tub time just steps from your door. Centrally located along Front Beach Road, you are convenient to some of Panama City Beach's favorite restaurants, shopping, entertainment, and attractions while still enjoying the privacy and character of a true beachfront home. Whether you are looking for a second home, full-time beach residence, or a property with strong vacation-rental appeal, this one checks some very hard-to-find boxes. Direct Gulf frontage, private beach access, three bedrooms, NO HOA, and the opportunity to create an incredible PCB short-term rental.

10999 Front Beach Road Unit 6, Panama City

$1,250,000
3 Beds 3 Baths 795046 MLS
3BR/3BA Gulf-front condo at Sterling Beach in Panama City Beach. 34 feet of floor-to-ceiling glass, 12-foot ceilings and covered parking #15. From the moment you arrive at Sterling Beach, the winding paver drive, Royal Palms and Gulf-front setting create a memorable introduction. Unit 1401 is a 2,274-square-foot Gulf-front condominium where approximately 34 feet of floor-to-ceiling glass showcases expansive Gulf and coastline views. Large rooms, abundant natural light and oversized crown molding complement the spacious interior. The completely upgraded kitchen gives this residence a distinctive look of its own, with new cabinetry, backsplash, tile flooring, laundry room cabinetry and black stainless steel appliances. The centerpiece is the Vetrazzo countertop surface, where colorful recycled-glass pieces create an artisanal, mosaic-like appearance reminiscent of sea glass and the emerald-toned Gulf beyond the windows. An oversized open enamel sink completes the updated kitchen. Updates continue throughout the baths with new granite countertops and tile flooring. The primary suite offers a large walk-in closet, private balcony and bath with double vanities, walk-in shower, jetted tub and private water closet. The second primary bedroom serves as the lockout suite and features its own private balcony and a completely remodeled bath with a custom tiled walk-in shower with bench, vessel sinks and a beautiful handcrafted barn door. Tile flooring also enhances both the main entry and separate lockout entry. One of Unit 1401's most versatile features is this second primary suite and lockout configuration. With the addition of an interior door in the foyer area, the residence can function as a full 3-bedroom condominium or allow the second primary suite to be separated, providing flexibility for personal use or rentals. Short-term rentals are allowed. The residence was also wired for surround sound during construction, and water heaters were replaced in 2021 and 2023. Unit 1401 includes covered garage parking space #15. Sterling Beach offers approximately 400 feet of Gulf frontage along with a heated free-form pool and expansive deck areas, spa/hot tub, Gulf-front fitness center, high-speed elevators, bike and kayak racks, owners lounge and meeting room, 44-seat theater, BBQ and picnic area, covered pergola and beach access. Onsite HOA and rental offices provide additional convenience. Located on Thomas Drive in Panama City Beach, Sterling Beach provides convenient access to restaurants, grocery shopping, marinas, fishing, diving and sightseeing operations, with St. Andrews State Park toward the east end of Thomas Drive. Built in 2003, Unit 1401 combines panoramic Gulf views, extensive interior upgrades, a second primary lockout suite, covered parking and resort-style amenities. Monthly HOA dues are currently listed at $1,191.98. Schedule a showing to experience the space, finishes and Gulf-front setting of Sterling Beach Unit 1401.

6627 Thomas Drive Unit 1401, Panama City

$147,000
1 Baths 795039 MLS
Discover one of the best beachside values in Panama City Beach--a rental-ready studio just steps from the sand. Located in Sand Castle Villas, this beautifully maintained and fully furnished studio condo is truly turnkey and ready to generate income from day one. With custom built-in loft beds, a luxury main sleeping area, and a smart, space-efficient layout, making it especially attractive for short-term rental demand. This condo is one of only two units in the entire complex featuring a rare U-shaped kitchen, offering extra cabinet and counter space--a standout feature for guests and owners alike. The kitchen is fully stocked and features all white appliances, while tile flooring throughout, serene coastal tones, and tasteful décor create a bright, inviting beach retreat. Enjoy less than a one-minute walk (approximately 150 steps) to the white sugar sands and emerald waters via Beach Access 13 and 14. The complex is well known for its strong short-term and long-term rental performance. Additional highlights include: Private fenced pool and outdoor shower, Private laundry room just outside the unit with washer, dryer, and extra storage, one assigned parking space plus overflow parking, and balcony space to relax and enjoy the coastal breeze. Peaceful, smaller complex with a personable, laid-back atmosphere, Close to restaurants, shopping, and a short drive to Pier Park. Whether you're looking for an affordable personal beach getaway, a high-performing investment, or both--this studio delivers exceptional value, charm, and income potential under $150K in today's market.

4114 Holiday Drive Unit 18, Panama City

$530,000
3 Beds 2 Baths 795023 MLS
Welcome to this beautiful all-brick bayou waterfront home- with Gulf access- where coastal living meets comfortable everyday living. From your private dock, you can watch dolphins, fish and enjoy the natural beauty of the water right in your backyard. The home has been completely updated over the past 6 years, including beautifully renovated bathrooms, a gorgeous new kitchen with newer appliances, all mechanicals, updated trim work, fresh paint and more. One of the home's standout features is the abundance of water views, with most rooms overlooking the bayou, including the spacious primary bedroom. The open living and dining areas flow seamlessly into the kitchen, creating a space for entertaining family and friends. The living area also opens onto a large covered back deck, providing the perfect spot to relax and take in the waterfront views. The dining room features a beautiful brick wood-burning fireplace, adding character to the space. The primary suite offers even more waterfront views with French doors leading directly to the back porch. Outside, the oversized driveway provides plenty of parking, including ample room for a RV/Boat. Additional concrete has been added to widen the driveway, making parking and access even more convenient...and a large garage. This is a rare opportunity to enjoy true waterfront living in an updated, well-maintained all-brick home with beautiful views, a private dock and plenty of space for entertaining and enjoying everything the water has to offer.

7516 Chipewa Street, Panama City

$568,999
4 Beds 3 Baths 795000 MLS
Welcome to 3515 Cottage Cove Lane, a beautifully designed home tucked inside the gated community of Sanctuary Beach. This Custom Built Home offering 4 bedrooms, 3.5 baths and 2,340 square feet, this home combines modern finishes, thoughtful design and a peaceful coastal setting just moments from St. Andrews Bay. The open-concept main living area features soaring 10-foot ceilings, luxury vinyl plank flooring and an inviting layout ideal for both everyday living and entertaining. The kitchen is a standout with quartz countertops, soft-close cabinetry, stainless steel appliances, a large island, pot filler and spacious butler's pantry. Upstairs, the primary suite offers a private retreat with double vanities, an oversized floor-to-ceiling tiled shower and a generous walk-in closet with convenient access to the laundry room. Additional bedrooms and flexible living space provide plenty of room for family, guests or a home office. Outside, enjoy a covered back patio overlooking a peaceful natural backdrop with no neighbors directly behind the home. A two-car garage, brick paver driveway, mudroom and irrigation system add to the home's functionality and curb appeal. Sanctuary Beach offers a quiet, gated atmosphere with a community pool and access toward the shores of St. Andrews Bay, all while keeping you convenient to marinas, boating, dining, shopping and everything the Panama City Beach area has to offer. 3515 Cottage Cove Lane delivers the perfect combination of privacy, coastal lifestyle and modern comfort.

3515 Cottage Cove Lane, Panama City

$319,999
4 Beds 2 Baths 794982 MLS
The perfect opportunity for a first time investor or seasoned professional! This duplex is currently vacant, and has just had a fresh facelift! Improvements include brand new wood railings around the front porch, fresh exterior paint, and new gates on the fence. The metal roof and HVAC are both only 5 years old. Both units are two bedrooms and one bathroom, with a living room and kitchen. Both sides also have individual attached storage units! The property being vacant makes it the perfect opportunity for someone intending to live in half and rent out the other side (if intending to use as a short term rental, please verify eligibility with Bay County). Using it as an owner occupied property, with the other side rented to pick up most of the mortgage, it would likely be financeable with FHA or VA. This property has a lot of features that make it perfect for families with small children. The duplex is located just a couple blocks from Hiland Park Elementary School on a dead end road. The large backyard has plenty of room for kids to play, and is fully fenced and gated for peace of mind. Headland Avenue is very private, but also offers easy access to Baldwin Road and Highway 231. This means easy commutes for your renters to Bay County's largest employers, including medical facilities, shopping districts, and manufacturing. This property offers tenants privacy, comfort, opportunity, and security in a central location. It is the best of all worlds! Duplexes in locations this good, packed with this many family friendly features, are always in demand for reliable tenants!

3039 Headland Avenue, Panama City

$435,000
4 Beds 4 Baths 794966 MLS
OPEN HOUSE THIS SATURDAY 1-4PM! Like-new Camden model home with a 3-car garage in the sought after Bridge Harbor community, conveniently located near Tyndall AFB. Homes offering this combination of space, upgrades, flexibility, and thoughtful additions are hard to find. From the moment you walk in, you'll notice the luxury vinyl plank flooring, 9-foot ceilings, and elegant trey ceilings featured throughout the study, dining room, living room, and spacious primary suite. The open-concept design creates an effortless flow for everyday living and entertaining. The floor plan offers incredible flexibility with a Jack and Jill bathroom, guest half bath, and a spacious additional bedroom complete with its own private ensuite bathroom and flex area. Use it as an office, second living space, guest suite, or a comfortable setup for multigenerational living or extended guests. At the heart of the home, the kitchen features a large center island, granite countertops, and a generous breakfast nook that is perfect for casual meals or morning coffee. Smart living is already built in with a full Smart Home package, including Kwikset keyless entry, SkyBell video doorbell, automated porch lighting, and a touch panel controlling the thermostat, lighting, front door, and more. Exterior security cameras and motion lighting add an extra layer of peace of mind. Situated on a desirable corner lot, this home also offers a screened-in back porch with a convenient doggie door, a large backyard surrounded by a 6-foot privacy fence, and double gate access for additional parking. The sellers have added thoughtful upgrades including laundry room storage cabinets and a utility sink, ceiling fans throughout, and additional shelving in the garage. A full sprinkler system and gutters add even more convenience. If you've been waiting for a home that feels like new but already has the upgrades and extras you would want to add yourself, this one deserves your attention. Space, flexibility, smart technology, a 3-car garage, and a fantastic location near Tyndall AFB, all in one package.

301 Allie Way, Panama City

$340,000
3 Beds 3 Baths 794942 MLS
Welcome to your Ideal Coastal Retreat! Mimosa Place Beach Home in Panama City Beach is a beautifully maintained Primary Residence that was converted to a Turnkey Investment Rental and would be a great Second Home! Currently, It is able to accommodate 8 Guests with 4 beds, 3-bedrooms, 2.5-Baths. Enjoy an easy one-mile walk to the beach and quick access to downtown Panama City, St. Andrews, local attractions, Naval Station Panama City, and Tyndall AFB. The main floor living area consists of an open concept living room, dining area and kitchen. A half bath and laundry room are situated to the back exit of the home which extends to outdoor living space with sofa, table & chairs and umbrella, propane grill; all lit with cafe lights. The living room sofa pulls out to a queen size sofa sleeper. The second story features the master bedroom with king size bed and en-suite bathroom. Two Additional bedrooms on same floor with one featuring a queen size beds and outdoor balcony overlooking the neighborhood, and other with a full size bed with both sharing a second full bathroom. The home features granite countertops, Stainless Steel Energy Star Appliances including refrigerator with ice and water dispenser, LVP Flooring throughout and a new full-size modern washer and dryer. The owner has taken great pride in ownership and has created a home that is truly one to be proud of and is literally move-in ready. Don't delay, Schedule your private viewing by calling me today to see this beautiful home yourself before someone else buys it. All information is approximate and should be verified by buyer if deemed important. Owner says sold furnished or unfurnished with acceptable offer minus any personal items.

2214 Brooke Street, Panama City

$337,500
4 Beds 2 Baths 794931 MLS
Welcome to 109 Saw Grass Way, a beautifully maintained 4-bedroom, 2-bath home in the desirable Villages of Mill Bayou. From the moment you arrive, it's clear this home has been well cared for--and the setting makes it even more special. Inside, the open floor plan creates a bright, comfortable space that's perfect for everyday living and entertaining. The spacious kitchen features granite countertops, custom cabinetry, a breakfast bar, and an adjoining dining area, all flowing naturally into the main living space. Durable LVP flooring adds both style and easy maintenance, while the generous primary suite includes a private bath with granite countertops and a relaxing soaking tub. One of the best features of this home is what you'll find out back. Step onto the screened-in back porch and enjoy a peaceful view of the pond--an ideal place for morning coffee, evening drinks, or simply unwinding at the end of the day. The backyard is fully fenced while still preserving the beautiful water view, giving you the benefit of an enclosed yard without sacrificing the scenery. With no homes directly behind you, the backyard feels open, peaceful, and private. The Villages of Mill Bayou offers a welcoming community atmosphere with sidewalks, opportunities for kayaking and fishing, and a community pool located just a short walk from the house. Outdoor recreation is also close at hand with Lynn Haven Bayou Park & Preserve nearby, along with easy access to the bay for boating, fishing, kayaking, paddleboarding, and other water activities. The location is convenient to shopping, dining, area schools, and everyday necessities, while still offering the relaxed feel of a neighborhood tucked close to the water. If you're looking for a move-in-ready home with plenty of space, a fantastic backyard setting, water views, and a community you'll enjoy coming home to, 109 Saw Grass Way deserves a closer look.

109 Saw Grass Way, Panama City

$289,000
3 Beds 2 Baths 794903 MLS
No matter what stage of life you're in, 2805 Airport Road offers the space, updates, and flexibility to fit all of your needs. This beautifully updated, one-story 3-bedroom, 2-bathroom ranch-style home features an open-concept floor plan and is nestled on an oversized corner lot fully enclosed by a six-foot privacy fence. The outdoor space is just as impressive, with mature fruit trees, fully functioning solar panels, a 10' x 12' storage shed, and two separate patio areas--perfect for relaxing, entertaining, or enjoying the privacy of your own backyard. Inside, an additional Craft Room/Man Cave/Media Room and plus a separate Living Area provide endless possibilities. A dedicated Office provides the perfect space, situated between the Laundry Room and Bonus Space, for working from home. The conveniently located Laundry Room sits just off the Kitchen and provides easy access to the backyard. The updated Kitchen features new appliances, new cabinet fronts, and granite countertops, creating a fresh and functional space for everyday living and entertaining. Throughout, you'll find durable Luxury Vinyl Plank and carpet, freshly painted walls, and updated fixtures. Both the Primary Bathroom and Guest Bathroom have been thoughtfully updated. The HVAC and Water Heater were updated in 2020, providing added peace of mind. With its combination of thoughtful updates, versatile living spaces, generous outdoor area, and move-in-ready condition, this property is an excellent opportunity for a primary residence, second home, or rental investment. Come see all that 2805 Airport Road has to offer!

2805 Airport Road, Panama City

$289,000
3 Beds 2 Baths 1011091 MLS 1,431 SqFt.
No matter what stage of life you're in, 2805 Airport Road offers the space, updates, and flexibility to fit all of your needs. This beautifully updated, one-story 3-Bedroom, 2-Bathroom ranch-style home features an open-concept floor plan and is nestled on an oversized corner lot fully enclosed by a six-foot privacy fence. The outdoor space is just as impressive, with mature fruit trees, fully functioning solar panels, a 10' x 12' Storage Shed, and two separate Patio areas--perfect for relaxing, entertaining, or enjoying the privacy of your own backyard. Inside, an additional Craft Room/Man Cave/Media Room and plus a separate Living Area provide endless possibilities. A dedicated Office provides the perfect space, situated between the Laundry Room and Bonus Space, for working from home. The conveniently located Laundry Room sits just off the Kitchen and provides easy access to the backyard. The updated Kitchen features new appliances, new cabinet fronts, and granite countertops, creating a fresh and functional space for everyday living and entertaining. Throughout, you'll find durable Luxury Vinyl Plank and carpet, freshly painted walls, and updated fixtures. Both the Primary Bathroom and Guest Bathroom have been thoughtfully updated. The HVAC and Water Heater were updated in 2020, providing added peace of mind. With its combination of thoughtful updates, versatile living spaces, generous outdoor area, and move-in-ready condition, this property is an excellent opportunity for a primary residence, second home, or rental investment. Come see all that 2805 Airport Road has to offer!

2805 Airport Rd, Panama City

$250,000
2 Beds 2 Baths 794873 MLS
INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX WITH FREE LOT! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional dwelling unit if split. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $5,200 PER MONTH / $62,400 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner/Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance.

900 E 14th Street Unit A-B, Panama City

$699,000
3 Beds 3 Baths 794859 MLS
Great new price!! COMPLETELY RENOVATED COASTAL HOME - JUST 2 STREETS FROM THE GULF! Welcome to 3710 Benbow Street, a beautifully transformed coastal home just 2 streets from the Gulf of America. Completely renovated from top to bottom and front to back, the seller took this home down to the bare studs, expanded the living spaces, and rebuilt it with comfort, entertaining, and low-maintenance coastal living in mind. This redesigned home now features 3 bedrooms and 3 full bathrooms, including two spacious primary suites, a generously sized third bedroom, and an additional full bath. The large open kitchen provides plenty of room for gathering and entertaining family and friends. With the right sleeping configuration, this home has the space and flexibility to accommodate approximately 14 guests, making it especially appealing for large family vacations, or buyers interested in vacation rental income. One of the property's biggest advantages is the exceptional amount of parking. The extra long driveway provides room for multiple vehicles, with additional space for an RV or boat and trailer - perfect for everything the Gulf Coast lifestyle has to offer. Outside, you'll find a privacy-fenced back yard, storage shed, and a covered patio, providing plenty of space to relax after a day on the water. The landscaping was intentionally designed with NO grass to mow, helping create a low-maintenance property that is easy to enjoy whether you're living here full time, using it as a second home, or purchasing it as an investment. Call today for a private tour. All measurements are approx.

3710 Benbow Street, Panama City

$725,000
2 Beds 2 Baths 794832 MLS
WEST-END CORNER RESIDENCE | UNOBSTRUCTED COASTLINE VIEWS | EXCEPTIONAL SUNSETS. This 2BR/2BA residence at Princess Condo captures Gulf-front living at its best--expansive water views, dramatic sunsets and an oversized tiled balcony overlooking the coastline. Positioned on the coveted west end of the building, this corner residence offers a remarkable perspective down the coast, while floor-to-ceiling windows and doors bring the Gulf views directly into the living area and Gulf-front primary suite. Both open to the balcony, creating a seamless connection between indoor and outdoor living. Inside, LVP flooring carries through the residence, while the spacious kitchen features granite countertops, stainless appliances and a breakfast bar ideal for casual entertaining. A wet bar and full-size laundry room with utility sink add convenience. The Gulf-front primary suite is a private retreat featuring a renovated shower, whirlpool tub, double vanities and a west-facing window framing the coastline. The generously sized guest bedroom comfortably accommodates two queen beds and includes a full bath with tub/shower combination. Princess Condo is a gated Gulf-front community offering secured high-speed elevators, 3 heated pools (one is indoor), hot tub, fitness center, game room, tennis court and an on-site rental office. VA-approved financing provides an additional ownership opportunity. The defining feature, however, is the setting. From this coveted west-end position, the coastline stretches into the distance and sunset becomes an evening event. This is more than a Gulf-front condo, it's a front-row seat to some of Panama City Beach's most spectacular views. For buyers seeking a Panama City Beach Gulf-front condo, second home or vacation rental investment, this residence combines a highly desirable beachfront location with the features today's coastal buyers value most. Princess Condo offers direct beach access, Gulf-front amenities and an established setting along Thomas Drive, making this property equally compelling as a personal coastal retreat or short-term rental investment.

6415 Thomas Drive Unit 1405, Panama City

$460,000
3 Beds 3 Baths 794799 MLS
Investors Take Notice... this is the ABSOLUTE LOWEST PRICED and one of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach!!! This unbelievable condo has been loved by the same family for 27 years, and now that they are starting a new chapter in life, they are offering it up at a once in a lifetime price! Let's look at the facts... Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's and the all new and Wildly Popular Tootsie's Honkytonk (with big name country music stars performing regularly)! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away! Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf-front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in Sugar Beach brings in over $60k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 10% - which is unheard of nowadays. And with over $90k invested in updates over the last few years, it simply doesn't get any better than this! Updates include: All new kitchen cabinets and counter tops, HVAC, water heater, electrical panel, shower inserts, LVP flooring in bedrooms, couch and loveseat, and all new hurricane sliding doors and windows. Welcome to Paradise!!!

8727 Thomas Drive Unit B6, Panama City

$235,000
3 Beds 2 Baths 794782 MLS
Welcome to your own slice of paradise in Emerald Pointe Resort! This beautifully maintained and updated 3-bedroom, 2-bath beach retreat is being offered mostly furnished and move-in ready--perfect as a primary residence, second home, vacation getaway, or investment property. Major improvements completed in 2023 include a new roof, HVAC system, hot water heater, luxury vinyl plank flooring throughout, and an updated kitchen featuring newer cabinets, countertops, sink, and stainless-steel appliances. Additional recent improvements include updated bathroom faucets, freshly painted bathroom cabinetry, faux-wood blinds, and fresh paint on the large screened-in porch. The home offers a bright and comfortable floor plan with plenty of natural light, full-size washer and dryer, three bedrooms, two full baths, and a spacious screened porch--perfect for relaxing and enjoying the Florida lifestyle. The large lot provides additional outdoor space and potential room for future expansion, subject to applicable approvals. Conveniently located within a short walk of both community pools, the clubhouse, fitness center, and fishing ponds, this property puts Emerald Pointe's amenities right at your doorstep. Emerald Pointe Resort is a gated, golf-cart-friendly community in the heart of Panama City Beach, just minutes from the sugar-white beaches, St. Andrews State Park, marinas, restaurants, shopping, and entertainment. Community amenities include two swimming pools--one heated seasonally--a hot tub, clubhouse, fitness center, shared library, catch-and-release fishing ponds, boardwalk, and shuffleboard. Whether you're looking for a full-time home, weekend beach retreat, or investment opportunity, this updated property offers an excellent combination of location, amenities, and low-maintenance coastal living.Schedule your showing today! All information is approximate and should be independently verified by buyer if important.

1219 Navy Boulevard Unit 160, Panama City

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