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Panama City, FL Apartment Buildings for Sale

18 results
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Waterfront Multi-Family Investment Opportunity
$1,850,000
0.25 Acres

Waterfront Multi-Family Investment Opportunity

401 Massalina Dr, Panama City, FL 32401

Waterfront property with new construction and income potential in Panama City.

  • Rare waterfront property with two parcels and three structures.
  • New construction (2025) main residence featuring 3 beds, 2 baths, and a private pool.
  • Significant income potential from the leased carriage house and four waterfront apartments.
  • Newly constructed dock connects both parcels, creating an expansive waterfront estate.
  • Turn‑key opportunity for primary residence, short‑term rentals, or long‑term rentals.
Updated: Jan 6
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Furnished Condo in Prominence
Pending
$719,000
1,293 SF

Furnished Condo in Prominence

79 Milestone Dr, Inlet Beach, FL 32461

Turnkey 2BR/2BA condo with LSV included for coastal living.

  • Includes a 6‑seat LSV for easy access to 30A amenities.
  • Furnished 2BR/2BA Aruba plan with 1,293 SF of living space.
  • Gourmet kitchen featuring gas cooktop, granite counters, and stainless steel appliances.
  • Spacious covered balcony.
  • Prime location in Prominence, close to amenities.
Updated: Jan 2
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Revitalized Multifamily Investment Opportunity
$1,190,000
0.20 Acres

Revitalized Multifamily Investment Opportunity

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

3533 Us-98, Panama City, FL 32401
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Panama City Multifamily Investment Opportunity
$1,950,000
0.65 Acres

Panama City Multifamily Investment Opportunity

14-unit apartment complex in Parker, near shopping and Tyndall AFB.

114 Highway 22 A, Panama City, FL 32404
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Panama City Multifamily Investment
$1,950,000
0.65 Acres

Panama City Multifamily Investment

14-unit apartment complex near shopping, restaurants, and Tyndall AFB.

114 Highway 22 A, Panama City, FL 32404
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Lagoon Front Multi-Unit Home
$1,200,000
2,720 SF

Lagoon Front Multi-Unit Home

Income-producing property with three units and two boat houses.

6722 S Lagoon Dr, Panama City, FL 32408
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Panama City Multifamily Investment Opportunity
$549,000
3,242 SF

Panama City Multifamily Investment Opportunity

Multifamily property in St Andrews with strong rental income potential.

2810 W 15Th St, Panama City, FL 32401
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Panama City Multi-Family Investment
$499,500
0.32 Acres

Panama City Multi-Family Investment

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

520 Maine Ave, Panama City, FL 32401
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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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Updated Condo with Lake Views
$375,000
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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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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Remodeled Condo in Waterfront Community
$260,000
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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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
$260,000

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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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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Waterfront Development Opportunity
$11,750,000
125,000 SF

Waterfront Development Opportunity

4.32-acre site approved for 56 luxury condominiums and retail.

3900 Marriott Dr, Panama City, FL
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Annabella's Townhome Investment Opportunity
$220,000

Annabella's Townhome Investment Opportunity

Five townhomes available for purchase, individually or as a package.

8206 Lane Rd Annabella's, Panama City, FL 32407
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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.

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
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3900 17Th St

3900 17Th St

Multifamily properties
Value Estimation by Request
3900 17Th St, Panama City, FL 32401
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1400 Gulf Ave

1400 Gulf Ave

Multifamily properties • 4,600 SF
Value Estimation by Request
1400 Gulf Ave, Panama City, FL 32401
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1631 James Ave

1631 James Ave

Multifamily properties
Value Estimation by Request
1631 James Ave, Panama City, FL 32405
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114 Highway 22 A

114 Highway 22 A

Multifamily properties • 13,768 SF
Value Estimation by Request
114 Highway 22 A, Panama City, FL 32404
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810 25Th St

810 25Th St

Multifamily properties
Value Estimation by Request
810 25Th St, Panama City, FL 32405
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Panama City, FL Apartment Buildings Investment Opportunities Market Analysis

Explore 25 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 167,706 square feet of properties for sale, with an estimated market value of $9,437,500.

Prices for two-family homes in Panama City, FL start at $249,000, averaging $1,179,687, and reaching up to $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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