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    Bay County, FL Multifamily Properties for Sale

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    Short-Term Rental Property with ADU
    Short-Term Rental Property with ADU

    209 Oleander Drive, Panama City Beach, FL 32413

    $1,225,000
    2,798 sqft

    Two separate living spaces, a workshop, and beach proximity support flexible personal or rental use.

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    Furnished Two-Unit Duplex
    Furnished Two-Unit Duplex

    8402 Elizabeth Avenue, Panama City Beach, FL 32408

    $529,000
    1,788 sqft

    Updated interiors and outdoor features support flexible owner-use or rental arrangements near public beach access.

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    50-Unit Multifamily Investment Opportunity
    50-Unit Multifamily Investment Opportunity

    3510/ 3536 Saint John Street, Panama City, FL 32401

    $6,243,750
    33,060 sqft

    Renovated apartment community near Panama City Beach with assumable financing.

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    See what stands out in Bay County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Short-Term Rental Townhome with Gulf Views
    Short-Term Rental Townhome with Gulf Views

    8706 Surf Drive, Panama City Beach, FL 32408

    $439,000
    1,150 sqft 0.04 AC lot

    A two-bedroom, two-bath layout includes updated interiors, a private patio, and furnished accommodation.

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    Waterfront Community with Marina
    Waterfront Community with Marina

    240 Harmon Ave, Panama City, FL 32401

    $6,197,500
    29,796 sqft

    34-unit waterfront community with 22-slip marina in revitalizing downtown.

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    Multifamily Portfolio Opportunity
    Multifamily Portfolio Opportunity

    708 Hwy 22a, Panama City, FL 32404

    $324,900
    4,108 sqft

    Incredible portfolio with multiple income streams and strong rental potential.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Gulf-Front Short-Term Rental Studio
    Gulf-Front Short-Term Rental Studio

    14401 Front Beach Road, Panama City Beach, FL 32413

    $140,000
    330 sqft

    Remodeled studio condo with Gulf views, efficient kitchen, updated bath, and furnishings suited to vacation rental use.

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    Beach Access Quadplex
    Beach Access Quadplex

    5012 Gulf Drive, Panama City Beach, FL 32408

    $1,599,999
    3,500 sqft 0.13 AC lot

    Four furnished ground-floor units with shared pool access and short-term rentals permitted without an HOA.

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    Two-Unit Duplex Near Beaches
    Two-Unit Duplex Near Beaches

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

    $475,000
    2,196 sqft

    Occupied duplex with separately metered utilities and a two-bedroom, two-bath layout in each residence.

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    14-Unit Renovated Apartment Building
    14-Unit Renovated Apartment Building

    3533 Highway 98, Panama City, FL 32401

    $1,190,000
    1,837 sqft

    Fully updated studio apartments with modernized building systems and on-site parking support residential operations.

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    Short-Term Rental Cottage Quadplex
    Short-Term Rental Cottage Quadplex

    2907 Sarah Jean Court, Panama City Beach, FL 32408

    $1,299,000
    3,200 sqft

    Four 2-bedroom, 2-bath cottages with furnished short-term units and additional buildable lots included in the sale.

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    Turn-Key Panama City Investment Property
    Turn-Key Panama City Investment Property

    1300 Grace Avenue, Panama City, FL 32401

    $1,150,000
    8,652 sqft

    Fully renovated 10-unit apartment building in growing Panama City.

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    Furnished Five-Unit Short-Term Rental
    Furnished Five-Unit Short-Term Rental

    10609 Parkhill Circle, Panama City Beach, FL 32407

    $2,099,000
    6,856 sqft

    Turnkey, fully furnished rental compound with separate entrances, modern coastal interiors, and a short walk to the Gulf.

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    Furnished Triplex Rental Property
    Furnished Triplex Rental Property

    10609 Parkhill Circle, Panama City Beach, FL 32407

    $2,099,000
    6,856 sqft

    Three-unit coastal property with an adjoining duplex and fully furnished interiors.

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    New Construction Townhome Investment Opportunity
    New Construction Townhome Investment Opportunity

    6720-6728 Cherry Street, Panama City, FL 32404

    $1,099,500
    6,750 sqft

    Five-unit townhome building near Tyndall Air Force Base.

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    New Construction Townhome Investment Opportunity
    New Construction Townhome Investment Opportunity

    6710-6718 Cherry Street, Panama City, FL 32404

    $1,099,500
    6,750 sqft

    Five-unit townhome building near Tyndall Air Force Base.

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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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    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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    Luxury Beachfront Retreat Investment Property
    Luxury Beachfront Retreat Investment Property

    19706 Front Beach Road, Panama City Beach, FL 32413

    Contact for pricing
    4,400 sqft

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

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    Short-Term Rental Property with ADU
    Short-Term Rental Property with ADU

    209 Oleander Drive, Panama City Beach, FL 32413

    $1,225,000
    2,798 sqft

    Flexible beach-area property with two living spaces, a detached workshop, and a recently built carriage house with garage.

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    Four-Building Multifamily Portfolio
    Four-Building Multifamily Portfolio

    114 S HWY 22 A, Panama City, FL 32404

    Contact for pricing
    13,768 sqft

    For sale multifamily portfolio with four buildings totaling 14 units.

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    Updated Condo with Lake Views
    Updated Condo with Lake Views

    9860 S Thomas Drive #309, Panama City, FL 32408

    $325,000
    1,262 sqft

    Tastefully decorated, fully furnished condo with lake views and resort amenities.

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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

    Contact for pricing
    3,302 sqft

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

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    Furnished Gulf-View Duplex
    Furnished Gulf-View Duplex

    6006 Thomas Drive, Panama City, FL 32408

    $1,800,000
    4,480 sqft

    Two furnished residential units feature coastal interiors, private driveways, covered patios, and flexible bedroom layouts.

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