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    Panama City, FL Multifamily Properties for Sale

    55 results
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    Panama City Multi-Family Investment
    $350,999
    4,768 SF

    Panama City Multi-Family Investment

    520 Maine Avenue, 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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    Furnished Beach House with Rental Potential
    $579,900
    2,509 SF

    Furnished Beach House with Rental Potential

    3914 Ural Street, Panama City, FL 32408

    Spacious, updated home near the beach, ideal for rental.

    • Located between the lagoon and the beach, offering convenient access to both.
    • Fully furnished, move‑in‑ready condition.
    • Features two separate living spaces: a 4 bedroom/2 bath main house and a 1 bedroom/1 bath downstairs apartment with separate entrance.
    • Strong rental potential as a turnkey rental property or live in one unit and rent the other.
    • Recently updated with new paint, flooring, and lighting.
    Updated: Jan 23
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    Panama City Quad-Plex Investment
    $749,000
    3,752 SF

    Panama City Quad-Plex Investment

    Two-story quad-plex near Panama City Beach with immediate rental income.

    129 Gwyn Drive unit: A,B,C,D, Panama City, FL 32408
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    Inlet Beach Townhome Investment Opportunity
    $735,000
    1,293 SF

    Inlet Beach Townhome Investment Opportunity

    Two-bedroom townhome in Prominence on 30A with proven rental income.

    94 York Lane unit: C, Inlet Beach, FL 32461
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    Furnished Duplex Near Panama City Beach
    $575,500
    1,788 SF

    Furnished Duplex Near Panama City Beach

    Turnkey duplex near the beach with strong rental potential.

    8402 Elizabeth Avenue, Panama City, FL 32408
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    New Construction Townhome Investment Opportunity
    $1,099,500
    6,750 SF

    New Construction Townhome Investment Opportunity

    Five-unit townhome near Tyndall Air Force Base with strong rental potential.

    6710-6718 Cherry Street, Panama City, FL 32404
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    New Construction Townhome Investment Opportunity
    $1,099,500
    6,750 SF

    New Construction Townhome Investment Opportunity

    New 5-unit townhome near Tyndall AFB with strong rental potential.

    6720-6728 Cherry Street, Panama City, FL 32404
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    Furnished Townhome in Prominence Community
    $945,000
    1,677 SF

    Furnished Townhome in Prominence Community

    Coastal retreat with rental potential in desirable 30A neighborhood.

    26 E Milestone Drive unit: B, Inlet Beach, FL 32461
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    Waterfront Property with Income Potential
    $1,850,000
    4,698 SF

    Waterfront Property with Income Potential

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

    401 & 405 Massalina Drive, Panama City, FL 32401
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    Panama City Multi-Family Investment
    $650,000
    5,174 SF

    Panama City Multi-Family Investment

    Four-unit quadplex with expansion potential on 1.8 acres.

    5115 E 10th Street unit: A,B,C,D, Panama City, FL 32404
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    Furnished Condo Near 30A Beaches
    $723,900
    1,293 SF

    Furnished Condo Near 30A Beaches

    Meticulously maintained, fully furnished condo near beaches and local restaurants.

    197 Milestone Drive unit: C, Inlet Beach, FL 32461
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    Turnkey Rental Property in Prominence
    $949,000
    1,747 SF

    Turnkey Rental Property in Prominence

    Fully furnished 3-bedroom home in Prominence North, Inlet Beach.

    23 E York Lane unit: A, Inlet Beach, FL 32461
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    Coastal Duplex Steps From Beach
    $1,600,000
    4,116 SF

    Coastal Duplex Steps From Beach

    Luxurious, fully furnished duplex near the beach. Rental ready.

    4112 Snapper Street, Panama City, FL 32408
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    Panama City Multifamily Investment Opportunity
    $1,299,000
    3,200 SF

    Panama City Multifamily Investment Opportunity

    Four cottages and nine buildable lots near Panama City Beach.

    2907 Sarah Jean Court, Panama City, FL 32408
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    Panama City Multifamily Investment Opportunity
    $425,000
    2,384 SF

    Panama City Multifamily Investment Opportunity

    Four-unit property in Historic St. Andrews generating approximately $57,000 annually.

    2810 W 15th Street, Panama City, FL 32401
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    Panama City Triplex Near Beach
    $585,000
    2,652 SF

    Panama City Triplex Near Beach

    Triplex on double lot near the beach, short term rentals allowed.

    7519 Sunset Avenue, Panama City, FL 32408
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    Quadplex and Mobile Home Investment
    $650,000
    5,174 SF

    Quadplex and Mobile Home Investment

    Income-producing quadplex and mobile home on 1.8 acres.

    5115 E 10th Street unit: A,B,C,D, Panama City, FL 32404
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    Inlet Beach Townhome with Amenities
    $970,000
    1,747 SF

    Inlet Beach Townhome with Amenities

    3-bedroom townhome near the beach with resort-style amenities.

    53 E Pine Lands Loop unit: A, Inlet Beach, FL 32461
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    New Construction Townhomes in Panama
    $570,000
    2,799 SF

    New Construction Townhomes in Panama

    New construction townhomes, projected $1550-1650 rent per unit.

    1116 Mercedes Avenue, Panama City, FL 32401
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    Panama City Duplex For Sale
    $170,000
    1,640 SF

    Panama City Duplex For Sale

    Duplex with income potential near marina and downtown.

    1209/1211 E 10th Street, Panama City, FL 32401
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    Income-Producing Duplex Near Tyndall AFB
    $360,000
    2,100 SF

    Income-Producing Duplex Near Tyndall AFB

    2024 duplex near Tyndall AFB, tenant-occupied, generating $3300 monthly.

    314 Bayou Avenue, Panama City, FL 32401
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    Panama City Duplex on Large Lot
    $250,000
    1,520 SF

    Panama City Duplex on Large Lot

    Duplex on half acre lot with potential for additional units.

    115 N Kimbrel Avenue, Panama City, FL 32404
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    Resort Lot in Panama City
    $265,000
    0.04 Acres

    Resort Lot in Panama City

    Lot in Venture Out Resort, near beach and St Andrews park.

    170 S Marlin Drive, Panama City, FL 32408
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    Income-Producing Duplex Near Tyndall AFB
    $365,000
    2,400 SF

    Income-Producing Duplex Near Tyndall AFB

    2023 duplex with strong rental performance near Tyndall AFB.

    147 Claire Avenue, Panama City, FL 32401
    View details

    Panama City, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 55 multifamily properties for sale in Panama City, FL, showcased through 55 active listings on our real estate platform. These investment opportunities span a total of 340,204 square feet of properties for sale, with an estimated market value of $12,534,399.

    Sale prices for multifamily properties in Panama City, FL start at $220,000, averaging $696,355, 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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