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    Bay County, FL Multifamily Properties for Sale

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    Commercial Property with Warehouse, Office, Residential
    Updated: Mar 3
    Commercial Property with Warehouse, Office, Residential

    12114 Krocus Street, Fountain, FL 32438

    $529,000
    5,324 sqft 1.37 AC lot
    Excellent commercial location with easy access to Highway 231, Hwy 20, and Interstate 10.
    C‑3 Commercial Zoning across 3 parcels.
    Two main warehouses totaling 3200 sq ft with concrete floors, overhead doors, and lighting.
    Updated main office with room for several workstations, restroom, and storage.
    Detached living quarters featuring a 2‑bedroom/1‑bath unit and a 1‑bedroom/1‑bath unit, both with kitchens.
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    This listing looks promising.

    Here's a quick look at some key insights for

    12114 Krocus Street, Fountain, FL 32438

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $576K
      Above asking

    • Property Type

      Single Family Residence
      Built 1979
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    Quadplex with Commercial Mixed Use
    Updated: Jul 7
    Quadplex with Commercial Mixed Use

    133 Gwyn Drive, Panama City Beach, FL 32408

    $745,000
    3,732 sqft 0.21 AC lot
    Quadplex built in 1998 with central heating and central air
    Assumable 2.875% FHA mortgage available (subject to lender approval and buyer qualification)
    Zoned X flood zone & Commercial Mixed Use
    Roof replacement in 2019; 4‑Point Inspection reports available for each unit covering HVAC and plumbing
    Vinyl siding construction with public sewer
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    Triplex with Separate Entries
    Triplex with Separate Entries

    5612 Hilltop Avenue, Panama City Beach, FL 32408

    $674,000
    3,804 sqft

    Three separate apartments in a corner triplex, with a converted garage bonus space and no HOA.

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    New Construction Duplex with Fenced Yard
    New Construction Duplex with Fenced Yard

    19916 Bonita Drive, Panama City Beach, FL 32413

    $875,000
    2,400 sqft

    New construction duplex offers two well-appointed residences, each with two bedrooms, ensuite baths, and included laundry.

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    Panama City Beach Multifamily Opportunity
    Panama City Beach Multifamily Opportunity

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft 0.42 AC lot

    Versatile property near the beach with redevelopment potential.

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    Former Motel Income Property
    Former Motel Income Property

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft 0.42 AC lot

    Former motel with 7 bedrooms, 6 bathrooms, and an on-site swimming pool for multiple rental configuration possibilities.

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    Renovated Duplex with Updated Units
    Renovated Duplex with Updated Units

    116 Lakeside Circle, Panama City Beach, FL 32413

    $510,000
    1,664 sqft 0.17 AC lot

    Renovated duplex with Units A and B, featuring fresh paint, updated flooring, and upgraded fixtures throughout.

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    7-Bedroom Motel and Multi-Family
    7-Bedroom Motel and Multi-Family

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft

    Formerly a motel with 7 bedrooms and 6 bathrooms, offering flexible residential, short-term, or commercial conversion options.

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    Heated Saltwater Pool Duplex
    Heated Saltwater Pool Duplex

    108 San Vincente Street, Panama City Beach, FL 32413

    $1,525,000
    4,000 sqft 0.15 AC lot

    2024-built duplex with two furnished units, each with 5 bedrooms and 3.5 baths, plus a resort-style heated saltwater pool.

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    Adorable Duplex with Multiple Possibilities
    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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    Luxury Beachfront Retreat Investment Property
    Luxury Beachfront Retreat Investment Property

    19706 Front Beach Road, Panama City Beach, FL 32413

    $4,195,000
    4,400 sqft

    New 7-bedroom beachfront property with pool, ready for summer rentals.

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    Furnished Duplex Near Beach
    Furnished Duplex Near Beach

    8402 Elizabeth Avenue, Panama City Beach, FL 32408

    $545,000
    1,788 sqft 0.14 AC lot

    Turnkey duplex investment opportunity near Panama City Beach.

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    Laguna Beach Duplex-Style Income Property
    Laguna Beach Duplex-Style Income Property

    209 Oleander Drive, Panama City Beach, FL 32413

    $1,299,000
    2,798 sqft

    Two separate living spaces plus a 2023 carriage house on a large L-shaped lot, with city water and sewer.

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    Luxury Beach House with Gulf Views
    Luxury Beach House with Gulf Views

    21814 Front Beach Road, Panama City Beach, FL 32413

    $3,195,000
    3,302 sqft

    New, fully furnished 6-bedroom beach house ready for rental.

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    Corner Lot Half-Duplex with Yard
    Corner Lot Half-Duplex with Yard

    644 16TH Street, Panama City Beach, FL 32413

    $234,900
    863 sqft 0.17 AC lot

    2-bed, 2-bath half-duplex on a corner lot in a quiet cul-de-sac with fenced yard, workshop, and no HOA or CDD.

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    Multi-Family Cottage Community
    Multi-Family Cottage Community

    2907 Sarah Jean Court, Panama City Beach, FL 32408

    $1,299,000
    3,200 sqft 0.71 AC lot

    Four 2-bedroom, 2-bath cottages sit on multiple included parcels with additional buildable lots and Airbnb-allowed short-term rentals.

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    Gulf Front Corner Condo
    Gulf Front Corner Condo

    10901 Front Beach Road #1601, Panama City Beach, FL 32407

    $750,000
    1,610 sqft

    West End 4-bedroom condo with stunning sunset views.

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    Two-Unit Duplex with Separate Utilities
    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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    Gulf-Front Condo with Rental Potential
    Gulf-Front Condo with Rental Potential

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

    $595,000
    1,223 sqft

    Furnished 2-bedroom condo with bunk room, Gulf views, rental ready.

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    Gulf-Front Studio Condo
    Gulf-Front Studio Condo

    14401 Front Beach Road, Panama City Beach, FL 32413

    $145,000
    330 sqft

    Fully remodeled studio condo offers Gulf of Mexico views and an updated kitchen and bath with low-maintenance finishes.

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    Panama City Beach Multifamily Property
    Panama City Beach Multifamily Property

    13210 Front Beach Rd, Panama City Beach, FL 32407

    $3,150,000
    3,302 sqft

    Multifamily property in Panama City Beach with 9.05% CAP.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

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

    $475,000
    2,196 sqft

    Two-unit duplex with independent power and water meters for flexible living or leasing.

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    Refreshed Beachside Apartment Complex
    Refreshed Beachside Apartment Complex

    644 W Caladium Circle, Panama City Beach, FL 32413

    $3,404,000
    0.26 AC lot

    26-unit complex with beach views and strong occupancy.

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    Residential Income Duplex with Two Kitchens
    Residential Income Duplex with Two Kitchens

    125 S Wells Street, Panama City Beach, FL 32413

    $590,000
    1,421 sqft 0.17 AC lot

    Duplex-style residence includes two full kitchens and a separate mother-in-law suite with its own entrance.

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    Bay County, FL Multifamily Properties Market Trends and Statistics

    Explore 60 multifamily properties for sale in Bay County, FL, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 71,375 square feet of properties for sale, with an estimated market value of $29,129,900.

    Sale prices for multifamily properties in Bay County, FL start at $145,000, averaging $1,040,353, and reaching up to $4,195,000 — 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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