Duplex

Panama City, FL Duplexes for Sale

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Furnished Duplex With Private Pools
Updated: Jun 24
Furnished Duplex With Private Pools

5237 Thomas Drive, Panama City, FL 32408

$2,179,900
5,156 sqft 0.13 AC lot
5,156‑square‑foot duplex with two three‑story residences
Each side includes 5 bedrooms, 4 full baths, and 1 half bath
Private in‑ground saltwater pool with natural gas heater for each residence
Upper‑level balconies offer Gulf views and built‑in natural gas grills
Furnished interiors with designer finishes and dedicated laundry rooms
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Two-Unit Duplex
Updated: Aug 28
Two-Unit Duplex

147/ 149 Claire Avenue, Panama City, FL 32401

$350,000
2,400 sqft 0.16 AC lot
Built in 2023 with 2,400 square feet of total property size
Two 3‑bedroom, 2‑bathroom units
Both units are currently occupied
Situated on a 0.16‑acre lot at 147/149 Claire Avenue
Central heating and central air conditioning
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Leased Two-Unit Duplex
Leased Two-Unit Duplex

314 & 316 Bayou Avenue, Panama City, FL 32401

$350,000
2,438 sqft 0.09 AC lot

Newer income property with two three-bedroom, two-bath units and current leases in place.

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See hot listings in Panama City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Furnished Duplex with Lagoon Views
Furnished Duplex with Lagoon Views

7300 Sunset Ave Unit A & B, Panama City, FL 32408

$499,000
1,896 sqft

Two furnished units offer updated kitchens, separate parking, private backyards, and outdoor showers near the beach.

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Furnished Beachside Duplex
Furnished Beachside Duplex

5220 Beach Drive, Panama City, FL 32408

$589,999
1,232 sqft 0.14 AC lot

Two private residences offer furnished flexibility for personal use, vacation rentals, or long-term tenancy.

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Furnished Two-Unit Duplex
Furnished Two-Unit Duplex

7300 Sunset Avenue, Panama City, FL 32408

$499,000
1,896 sqft 0.13 AC lot

Both residences offer refreshed kitchens, separate parking, and fenced private outdoor space.

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Updated Duplex with Storage Sheds
Updated Duplex with Storage Sheds

Panama City, FL 32401

$249,000
1,204 sqft 0.17 AC lot

Two remodeled units offer private outdoor storage, central air, and convenient access to shopping, restaurants, schools, and daily amenities.

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Two-Unit Duplex
Two-Unit Duplex

314 & 316 Bayou Ave, Panama City, FL 32401

$350,000
2,438 sqft

Recently constructed duplex with two leased residences, each offering a three-bedroom, two-bathroom layout.

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Duplex with Bayou Views
Duplex with Bayou Views

339 Mercedes Avenue, Panama City, FL 32401

$499,000
2,461 sqft 0.17 AC lot

Both units are furnished, and one is currently used as a short-term rental.

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Furnished Duplex Near Beach
Furnished Duplex Near Beach

3914 Ural Street, Panama City, FL 32408

$549,900
2,509 sqft 0.14 AC lot

Two-level configuration includes a separate-entry one-bedroom apartment and an updated four-bedroom main residence.

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Two-Unit Duplex Property
Two-Unit Duplex Property

147/ 149 Claire Ave, Panama City, FL 32401

$350,000
2,400 sqft

Newer income property with two occupied three-bedroom units and established leases.

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Duplex with Patio and Backyard
Duplex with Patio and Backyard

2826 La Mesa Avenue, Panama City, FL 32405

$450,000
2,500 sqft

Each residential unit includes three bedrooms, two bathrooms, a modern kitchen, and access to a large backyard.

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Three-Bedroom Duplex
Three-Bedroom Duplex

1720 Jakes Drive, Panama City, FL 32405

$249,000
1,484 sqft 0.04 AC lot

Two-level residence with an open living area, modern kitchen, private primary suite, patio, and fenced outdoor space.

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Vacant Duplex with Fenced Yard
Vacant Duplex with Fenced Yard

3039 Headland Ave, Panama City, FL 32405

$319,999
1,728 sqft

Two matching units offer living areas, kitchens, and private attached storage.

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18-Unit Multifamily Property
18-Unit Multifamily Property

6321 Lenawee Street, Panama City, FL 32404

$2,075,000

Five stucco buildings contain separately metered residential units near retail, dining, major roadways, and Tyndall Air Force Base.

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Furnished Beach Duplex
Furnished Beach Duplex

Panama City, FL 32408

$549,900

Separate entrances divide a four-bedroom upper residence from a one-bedroom lower suite.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Furnished Gulf-View Duplex
Furnished Gulf-View Duplex

6006 Thomas Drive, Panama City Beach, FL 32408

$2,000,000
4,480 sqft 0.12 AC lot

Two matching residences offer flexible layouts, private driveways, covered patios, and proximity to public beach access.

View details
Renovated Gulf-View Duplex
Renovated Gulf-View Duplex

717 Fortner Ave, Mexico Beach, FL 32456

$689,900
2,218 sqft 0.09 AC lot

Two independent residences provide separate entrances and parking beneath the home, with flexible occupancy and rental arrangements.

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Duplex with Private Entries
Duplex with Private Entries

3707 Mystic St, Panama City Beach, FL 32408

$599,900
2,184 sqft

Two distinct residences have separate patios, parking areas, and kitchens, with short-term rentals permitted.

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Gulf-View Duplex with Separate Entrances
Gulf-View Duplex with Separate Entrances

717 Fortner Ave, Mexico Beach, FL 32456

$689,900
2,218 sqft

Two independent sides support owner occupancy, short-term rentals, long-term rentals, or combined personal use.

View details

Panama City, FL Duplexes Market Trends and Statistics

Explore 16 duplexes for sale in Panama City, FL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 31,742 square feet of properties for sale, with an estimated market value of $10,109,698.

Sale prices for two-family homes in Panama City, FL start at $249,000, averaging $631,856, and reaching up to $2,179,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 21
Duplexes 18
Short term rental properties 16
Quadplexes 7
Mobile home & RV parks 4

Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32401 $329.8K
32405 $339.7K
32408 $812.1K
32404 $2.1M

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $28.37 per SF
Tax Rate vs County Average 0.07 pp above 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 Residential Income pricing trends in Bay County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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