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    Panama City, FL Apartment Buildings for Sale

    18 results
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    Waterfront Property with Income Potential
    $1,850,000
    4,698 SF

    Waterfront Property with Income Potential

    401 Massalina Dr, Panama City, FL 32401

    Waterfront property featuring multiple residences and income-generating potential in Panama City.

    • Waterfront property with significant income potential from multiple rental units (four 1‑bed apartments and a 2‑bed carriage house).
    • New construction (2025) featuring a 3‑bed main house with a private pool and a 2‑bed carriage house.
    • Expansive waterfront estate with a newly constructed dock, created by combining two separate parcels.
    • Turn‑key opportunity suitable for primary residence, short‑term rentals, or long‑term rentals.
    • High‑end finishes, thoughtful coastal design, and premium materials throughout all structures.
    Updated: Feb 17
    View details
    Panama City Multi-Family Investment
    $350,999
    4,768 SF

    Panama City Multi-Family Investment

    520 Maine Ave, Panama City, FL 32401

    Five-unit multi-family property with steady cash flow potential in Panama City.

    • Income‑producing 5‑unit multi‑family property.
    • Steady cash flow and long‑term value potential.
    • Strong rental demand in Panama City.
    • Proximity to beaches, schools, and major employers.
    • Low maintenance units for easy management.
    Updated: Jan 28
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    Revitalized Multifamily Investment Opportunity
    $1,190,000
    1,837 SF

    Revitalized Multifamily Investment Opportunity

    Turnkey 14-unit multifamily property, fully updated in 2021, excellent investment.

    3533 Us-98, Panama City, FL 32401
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    Updated Two-Bedroom Near Beach Access
    $595,000

    Updated Two-Bedroom Near Beach Access

    Furnished two-bedroom unit with deeded beach access on East 30A.

    50 Gossamer Ln, Inlet Beach, FL 32461
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    Panama City Townhome Investment Opportunity
    $1,175,000
    8,208 SF

    Panama City Townhome Investment Opportunity

    Eight townhomes, fully occupied, low maintenance, excellent investment property.

    1512 Kraft Ave, Panama City, FL 32405
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    Renovated Multifamily Property Near Beach
    $1,350,000
    3,569 SF

    Renovated Multifamily Property Near Beach

    Five-unit multifamily property near Panama City Beach.

    4021 Dolphin Dr, Panama City, FL 32408
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    Waterfront Community with Marina
    $6,197,500

    Waterfront Community with Marina

    34-unit waterfront community with 22-slip marina in Panama City.

    240 Harmon Ave, Panama City, FL 32401
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    50-Unit Multifamily Investment Opportunity
    $6,243,750

    50-Unit Multifamily Investment Opportunity

    Renovated 50-unit multifamily property near Panama City Beach.

    3510/ Saint John St, Panama City, FL 32401
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    Panama City Multifamily Investment Opportunity
    $350,999
    4,768 SF

    Panama City Multifamily Investment Opportunity

    Five-unit multifamily property with strong rental demand near beaches and schools.

    520 Maine Ave, Panama City, FL 32401
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    Turn-Key Panama City Investment Property
    $1,150,000
    8,652 SF

    Turn-Key Panama City Investment Property

    Fully renovated 10-unit apartment building in growing Panama City.

    1300 Grace Ave, Panama City, FL 32401
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    Waterfront Community with Marina
    $6,197,500
    29,796 SF

    Waterfront Community with Marina

    34-unit waterfront community with 22-slip marina in revitalizing downtown.

    240 Harmon Ave, Panama City, FL 32401
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    50-Unit Multifamily Investment Opportunity
    $6,243,750
    33,060 SF

    50-Unit Multifamily Investment Opportunity

    Renovated apartment community near Panama City Beach with assumable financing.

    3510/ Saint John St, Panama City, FL 32401
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    Updated Condo with Lake Views
    Contact for pricing
    1,262 SF

    Updated Condo with Lake Views

    Tastefully decorated, fully furnished condo with lake views and resort amenities.

    9860 S Thomas Dr, Panama City, FL 32408
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    Remodeled Condo in Waterfront Community
    Contact for pricing
    1,350 SF

    Remodeled Condo in Waterfront Community

    Remodeled 3-bedroom condo in desirable waterfront community.

    2100 W Beach Dr, Panama City, FL 32401
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    Panama City Apartment Complex
    $990,000
    3,000 SF

    Panama City Apartment Complex

    Six-unit, high-yield investment opportunity.

    2602 Willow Oak Ct, Panama City, FL 32408
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    Prime Panama City Development Sites
    Contact for pricing

    Prime Panama City Development Sites

    Retail, Multifamily, & QSR Land

    2604 County Rd 390, Panama City, FL 32405
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    Bayview Multifamily Investment
    $635,000

    Bayview Multifamily Investment

    Historic St. Andrews income property. High rental potential.

    3900 17Th St, Panama City, FL 32401
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    Remodeled Condo in Waterfront Community
    Contact for pricing

    Remodeled Condo in Waterfront Community

    Remodeled 3-bedroom condo in desirable St. Andrews waterfront community.

    2100 W Beach Dr, Panama City, FL 32401
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Panama City, FL, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

    Explore Off-Market Properties in Panama City, FL

    Consider similar Off-Market properties in Panama City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3900 17Th St

    3900 17Th St

    Multifamily properties
    Value Estimation by Request
    3900 17Th St, Panama City, FL 32401
    View details
    1631 James Ave

    1631 James Ave

    Multifamily properties
    Value Estimation by Request
    1631 James Ave, Panama City, FL 32405
    View details
    1400 Gulf Ave

    1400 Gulf Ave

    Multifamily properties • 4,600 SF
    Value Estimation by Request
    1400 Gulf Ave, Panama City, FL 32401
    View details
    2604 County Rd

    2604 County Rd

    Restaurants
    Value Estimation by Request
    2604 County Rd, Panama City, FL 32405
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    2602 Willow Oak Ct

    2602 Willow Oak Ct

    Multifamily properties • 3,000 SF
    Value Estimation by Request
    2602 Willow Oak Ct, Panama City, FL 32408
    View details
    1000 Transmitter Rd

    1000 Transmitter Rd

    Multifamily properties
    Value Estimation by Request
    1000 Transmitter Rd, Panama City, FL 32404
    View details

    Panama City, FL Apartment Buildings Investment Opportunities Market Analysis

    Explore 26 apartment buildings for sale in Panama City, FL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 33,541 square feet of properties for sale, with an estimated market value of $3,390,999.

    Sale prices for two-family homes in Panama City, FL start at $350,999, averaging $1,130,333, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Browse Apartment buildings for Sale Near Panama City, FL

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    Most Searched ZIP Codes in Panama City, FL

    • 32401
    • 32405
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