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Panama City Beach, FL Apartment Buildings for Sale

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Panama City, FL Mexico Beach, FL Port St Joe, FL Callaway, FL Wewahitchka, FL Overstreet, FL Rosemary Beach, FL Southport, FL
Gulf-Front Condo with Rental Potential
Updated: Jun 14, 2025
Gulf-Front Condo with Rental Potential

15817 Front Beach Road #1-706, Panama City Beach, FL 32413

$595,000
1,223 sqft
Gulf‑front condo with stunning views from multiple rooms and balcony.
Excellent rental income potential in a premier resort (financials available).
Turnkey and fully furnished; rental ready.
2 Bed + Bunk / 2 Bath layout sleeps 8 and rents like a 3‑bedroom.
Located in Calypso Resort with 2 Gulf‑front pools, Tiki Bar, fitness area, and other amenities.
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Refreshed Beachside Apartment Complex
Updated: Dec 5, 2025
Refreshed Beachside Apartment Complex

644 W Caladium Circle, Panama City Beach, FL 32413

$3,404,000
0.26 AC lot
Premier beachside location directly across from the Gulf with beach views.
Fully refreshed 26‑unit complex with updated units (new paint, flooring, fixtures, bathrooms, appliances).
Strong occupancy rate ensures immediate Day‑One cash flow.
Income‑producing onsite laundry facility.
Walkable to dining, shopping, Pier Park, and Topgolf.
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Coastal Condo at Horizon South
Coastal Condo at Horizon South

17462 Front Beach Road #35D, Panama City Beach, FL 32413

$260,000
960 sqft

Charming 2BR condo with resort amenities and rental potential.

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New Townhomes at Wild Heron
New Townhomes at Wild Heron

1503 Match Point Ln 502, Panama City Beach, FL 32413

$699,000

Upscale three-bedroom townhomes with luxurious finishes in a private community.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Panama City Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey 14-Unit Studio Property
Turnkey 14-Unit Studio Property

3533 US-98, Panama City, FL 32401

$1,190,000
1,837 sqft 0.20 AC lot

Fully revitalized studio multifamily with 15 parking spaces and updates completed in 2021.

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Waterfront Development Opportunity
Waterfront Development Opportunity

3900 Marriott Dr, Panama City, FL

$7,770,000
125,000 sqft 4.35 AC lot

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

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Turn-Key Panama City Investment Property
Turn-Key Panama City Investment Property

1300 Grace Avenue, Panama City, FL 32401

$1,150,000
8,652 sqft

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

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Updated Condo with Lake Views
Updated Condo with Lake Views

9860 S Thomas Drive #309, Panama City, FL 32408

$365,000
1,262 sqft

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

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Waterfront Lot in Treasure Island
Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000
0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Panama City Beach, FL

Consider similar Off-Market properties in Panama City Beach, 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.

318 Sundial St
Multifamily properties

318 Sundial St, Panama City Beach, FL 32413

Value Estimation by Request
4,000 sqft
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Panama City Beach, FL Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Panama City Beach, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,183 square feet of properties for sale, with an estimated market value of $855,000.

Sale prices for two-family homes in Panama City Beach, FL start at $260,000, averaging $427,500, and reaching up to $595,000 — 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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Demographics Overview

Population 71K
Population Growth (5Y) +2,055.8%
Median Household Income $72,438
College Educated 42.8%

High-Yield Neighborhoods for Investment

Identify Panama City Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32413 $1.6M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $14.55 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bay County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bay County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Panama City Beach fall within the 25,000 to 50,000 square foot range.

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