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    Bay County, FL Multifamily Properties for Sale

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    Miami, FL Cape Coral, FL Tampa, FL
    41 results
    Panama City Beach Income Property
    $650,000
    2,556 SF
    Panama City Beach Income Property

    604 Fernwood Street, Panama City Beach, FL 32407

    Versatile income property near the heart of Panama City Beach.
    • Income‑producing property with flexible use options: multi‑family residential, short‑term rental, workforce housing, or commercial conversion (buyer to verify zoning).
    • Prime location in the central beach corridor of Panama City Beach, with quick access to shopping, dining, attractions, and entertainment.
    • Features an on‑site swimming pool, a desirable amenity for guests and tenants.
    • 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, allowing for multiple rental configurations.
    • Convenient proximity to both Front Beach Road and Back Beach Road.
    Updated: Mar 18
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    Duplex in Coveted Beach Neighborhood
    $999,000
    2,320 SF
    Duplex in Coveted Beach Neighborhood

    13801 Bay Avenue, Panama City Beach, FL 32413

    Two residential units in Panama City Beach with short-term rental potential.
    • Two separate residential units on one parcel: 13801 Bay Avenue (approx. 1,200 SF, 3BR/2BA) and 500 Albatross Street (approx. 1,100 SF, 3BR/2BA)
    • Recent interior updates in the 13801 Bay Avenue unit, including kitchen, living areas, bedrooms, bathrooms, and updated flooring
    • Private, fenced outdoor space: covered grilling patio and open deck at 13801 Bay Avenue, plus fenced backyard with gated access for the second unit
    • Each unit has its own laundry room, separate entrances, and dedicated garage space, with ample parking including room for a boat or additional vehicles
    • Bid‑A‑Wee HOA optional for access to a gated deeded beach entrance (nominal annual fee noted)
    Updated: Jan 25
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    Panama City Beach Multifamily Opportunity
    $650,000
    2,556 SF
    Panama City Beach Multifamily Opportunity

    Versatile property near the beach with redevelopment potential.

    604 Fernwood Street, Panama City Beach, FL 32407

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    Panama City Beach Cottages Investment
    $1,299,000
    3,200 SF
    Panama City Beach Cottages Investment

    Four cottages and nine buildable lots near Panama City Beach.

    2907 Sarah Jean Court, Panama City Beach, FL 32408

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    Turnkey Income Property in Panama
    $850,000
    4,432 SF
    Turnkey Income Property in Panama

    Stabilized, fully leased duplex with renovated units and recent upgrades.

    2605 Redwood Street, Panama City Beach, FL 32408

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    Turnkey Income Property in Panama
    $850,000
    4,432 SF
    Turnkey Income Property in Panama

    Stabilized, fully leased duplex with strong income and recent upgrades.

    2605 Redwood Street, Panama City Beach, FL 32408

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    New Duplex with Rental History
    $1,575,000
    4,000 SF
    New Duplex with Rental History

    Newly built, fully furnished duplex with strong rental potential.

    108 San Vincente Street, Panama City Beach, FL 32413

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    Beachfront Townhome with Gulf Views
    $548,000
    1,150 SF
    Beachfront Townhome with Gulf Views

    Updated townhome across from the Gulf, ideal for rental.

    8706 Surf Drive, Panama City Beach, FL 32408

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    Renovated Duplex Near Gulf Coast
    $520,000
    1,664 SF
    Renovated Duplex Near Gulf Coast

    Updated duplex in Panama City Beach, near beaches and amenities.

    116 Lakeside Circle, Panama City Beach, FL 32413

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    Adorable Duplex with Multiple Possibilities
    $645,000
    2,088 SF
    Adorable Duplex with Multiple Possibilities

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

    3707 Mystic Street, Panama City Beach, FL 32408

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    Beachfront Townhome with Gulf Views
    $548,000
    1,150 SF
    Beachfront Townhome with Gulf Views

    Updated townhome across from the Gulf, ideal for rental.

    8706 Surf Drive, Panama City Beach, FL 32408

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    Furnished Duplex Near Beach
    $545,000
    1,788 SF
    Furnished Duplex Near Beach

    Turnkey duplex investment opportunity near Panama City Beach.

    8402 Elizabeth Avenue, Panama City Beach, FL 32408

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    Laguna Beach Income Property
    $1,325,000
    2,798 SF
    Laguna Beach Income Property

    Versatile property near the beach with income potential.

    209 Oleander Drive, Panama City Beach, FL 32413

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    Panama City Beach Land Parcel
    $110,000
    0.13 Acres
    Panama City Beach Land Parcel

    Land parcel in Panama City Beach, Florida, with development potential.

    2412 Dorothy Avenue, Panama City Beach, FL 32408

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    Panama City Beach Duplex Opportunity
    $635,000
    1,716 SF
    Panama City Beach Duplex Opportunity

    Duplex near Bid-A-Wee Beach with income potential.

    13809 Bay Avenue, Panama City Beach, FL 32413

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    Gulf-Front Studio Condo
    $160,000
    330 SF
    Gulf-Front Studio Condo

    Turnkey, fully remodeled studio with unobstructed Gulf views and a proven short-term rental track record.

    14401 Front Beach Road, Panama City Beach, FL 32413

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    Commercial Property with Warehouse, Office, Residential
    $529,000
    5,324 SF
    Commercial Property with Warehouse, Office, Residential

    Commercial property featuring warehouse, office, and residential spaces.

    12114 Krocus Street, Fountain, FL 32438

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    Panama City Beach Duplex Investment
    $475,000
    2,196 SF
    Panama City Beach Duplex Investment

    Two-unit property near beaches, offering immediate income potential.

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

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    Versatile Land Parcel in Fountain
    $160,000
    4.54 Acres
    Versatile Land Parcel in Fountain

    4.54 acres of unrestricted land suitable for various developments.

    NW Marianna Lake Avenue, Fountain, FL 32438

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    Beach Proximity Duplex, No HOA
    $345,000
    1,028 SF
    Beach Proximity Duplex, No HOA

    Charming 2-bedroom duplex near Panama City Beach.

    5500 Sunset Avenue, Panama City Beach, FL 32408

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    Panama City Beach Duplex Investment
    $475,000
    2,196 SF
    Panama City Beach Duplex Investment

    Two-unit property near beaches, offering immediate income potential.

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

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    Stabilized Income Property For Sale
    $850,000
    4,432 SF
    Stabilized Income Property For Sale

    Turnkey, fully leased duplex with immediate and reliable cash flow.

    2605 Redwood Street, Panama City Beach, FL 32408

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    Refreshed Beachside Apartment Complex
    $3,404,000
    9,660 SF
    Refreshed Beachside Apartment Complex

    26-unit complex with beach views and income potential.

    644 Caladium Circle, Panama City Beach, FL 32413

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    Refreshed Beachside Apartment Complex
    $3,404,000
    0.26 Acres
    Refreshed Beachside Apartment Complex

    26-unit complex with beach views and strong occupancy.

    644 W Caladium Circle, Panama City Beach, FL 32413

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    Bay County, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 58 multifamily properties for sale in Bay County, FL, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 93,146 square feet of properties for sale, with an estimated market value of $43,677,900.

    Sale prices for multifamily properties in Bay County, FL start at $165,000, averaging $1,284,644, and reaching up to $8,900,000 — 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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