Panama City, FL Duplexes for sale

Updated: Apr 25

New Duplex in Panama City

2826 La Mesa Avenue, Panama City, FL 32405

$450,000

2,500 sqft

New duplex under construction, year built 2026
Duplex unit layout: 3 bedrooms and 2 bathrooms per side
Modern kitchen; electric range and electric water heater
Central heating and central air conditioning
Main‑level primary bedroom and walk‑in closets

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This listing looks promising.

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2826 La Mesa Avenue, Panama City, FL 32405

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$432K
Suggested
Property Type

Residential - Vacant Land
Built 1990

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Updated: Jun 24

Turnkey Vacation Rental Duplex

5237 Thomas Drive, Panama City, FL 32408

$2,230,000

5,156 sqft 0.13 AC lot

New 2025 construction: purpose‑built vacation rental duplex (under construction) on Thomas Drive
Each side offers 5 bedrooms, 4 full baths, and 1 half bath across three floors
Private, fully fenced oversized lot with a privacy divider between duplex sides
Each unit includes an in‑ground saltwater pool with natural gas heater and remote control
Outdoor entertaining: covered patio/patio/deck plus built‑in natural gas grill and outdoor shower

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Duplex-Style Residential Income Home

3914 Ural Street, Panama City, FL 32408

$549,900

2,509 sqft 0.14 AC lot

Fully furnished home configured as two units, with upstairs 4BR/2BA and a downstairs 1BR/1BA with separate entrance.

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Renovation Duplex with Two Units

7931 S Lagoon Drive, Panama City, FL 32408

$315,000

1,860 sqft 0.11 AC lot

Duplex for sale with two units totaling four bedrooms and three bathrooms, approximately 1,868 square feet, with a roof replaced about five years ago.

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Upgraded Duplex with Rental Potential

3707 MYSTIC STREET A&B, Panama City, FL 32408

$714,995

2,088 sqft

Adorable, upgraded duplex near lagoon and beach access.

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Duplex with Two Equal Units

4017 Silver Sands Road, Panama City, FL 32408

$439,000

1,596 sqft 0.11 AC lot

Two-bedroom, one-bath duplex with dedicated laundry in each unit, positioned near beach access and local attractions.

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Duplex with Two Rental Units

2911 Treasure Circle, Panama City, FL 32408

$519,995

2,078 sqft 0.17 AC lot

For sale duplex offering two rental setups under one ownership, including parcels 2911 and 2913.

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New Construction Townhomes in Panama

1116 Mercedes Avenue, Panama City, FL 32401

$570,000

2,799 sqft 0.27 AC lot

New construction townhomes in Panama City, Florida, for sale.

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Duplex with Two 2BR/2BA Units

6328 Beach Drive, Panama City, FL 32408

$529,000

2,176 sqft

Two-unit duplex with private porches, outdoor showers, and a second-floor deck—well suited for rental use.

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Fully Renovated Duplex with Balconies

6319 Hilltop Avenue, Panama City, FL 32408

$635,000

2,720 sqft 0.13 AC lot

Each side offers 3 beds and 2.5 baths with open-concept living and private balconies.

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Panama City Duplex For Sale

1209/1211 E 10th Street, Panama City, FL 32401

$170,000

1,640 sqft

Duplex with income potential near marina and downtown.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 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.

Adorable Duplex with Multiple Possibilities

3707 Mystic Street, Panama City Beach, FL 32408

$645,000

2,088 sqft 0.17 AC lot

Duplex with short-term rental potential near beach and lagoon.

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Two-Unit Duplex with Separate Utilities

2432 Valley Oak Court A&B, Panama City Beach, FL 32408

$475,000

2,196 sqft

Two occupied units offer independent living with separate power and water meters near the beach and Pier Park.

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Paired Patio Villa Duplex

339-B Suwannee Drive, Watersound, FL 32461

$534,995

1,410 sqft

New paired patio villa with 2 bedrooms, 2 baths, an oversized one-car garage, and a covered rear patio.

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Two-Unit Townhome-Style Duplex

359 A Suwannee Drive, Watersound, FL 32461

$547,460

1,442 sqft

Duplex residences with covered rear patio, open kitchen-family room, and impact-rated windows; estimated completion Oct/Nov 2026.

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Panama City, FL Duplexes Market Trends and Statistics

Explore 11 duplexes for sale in Panama City, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 27,122 square feet of properties for sale, with an estimated market value of $7,122,890.

Sale prices for duplexes in Panama City, FL start at $170,000, averaging $647,535, and reaching up to $2,230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
32401	$288K
32408	$740.9K

Neighborhood

Average Price

32401

$288K

32408

$740.9K