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    Panama City, FL Multifamily Properties for Sale

    64 results
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    Like-New Duplex Near the Beach
    Pending
    $470,000
    1,930 SF

    Like-New Duplex Near the Beach

    9020/9022 Houston St, Panama City, FL 32408

    Updated duplex perfect for investors or multi-generational living.

    • Excellent investment opportunity: Like‑new duplex priced attractively in a desirable location near the beach.
    • Potential for rental income to offset mortgage: Live in one unit and rent the other.
    • Completely renovated: Features a new roof, updated kitchens and bathrooms, new flooring, and modern fixtures throughout.
    • No HOA fees: Provides additional cost savings and flexibility.
    • Energy‑efficient upgrades: Includes energy‑efficient windows, extra attic insulation, and a smart thermostat.
    Updated: Feb 24
    View details
    Panama City Triplex Near Beach
    $585,000
    2,652 SF

    Panama City Triplex Near Beach

    7519 Sunset Ave, Panama City, FL 32408

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

    • Prime location within walking distance to the beach.
    • Short term rentals are allowed.
    • Triplex property with existing tenants.
    • Double lot with underneath parking spaces.
    • Located in a beach community experiencing record growth.
    Updated: Feb 12
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    Turnkey Furnished Home in Prominence North
    $949,000
    1,747 SF

    Turnkey Furnished Home in Prominence North

    Updated 3-bedroom home ideal for residence or short-term rental.

    23 E York Ln, Inlet Beach, FL 32461
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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 Ave, Panama City, FL 32401
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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 St, Panama City, FL 32404
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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 St, Panama City, FL 32404
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    Furnished Beach House with Rental Potential
    $579,900
    2,509 SF

    Furnished Beach House with Rental Potential

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

    3914 Ural St, Panama City, FL 32408
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    Inlet Beach Townhome Investment
    $735,000
    1,293 SF

    Inlet Beach Townhome Investment

    Furnished townhome with rental income potential in Prominence on 30A.

    94 York Ln, Inlet Beach, FL 32461
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    Panama City Multifamily Investment Opportunity
    Pending
    $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 St, Panama City, FL 32401
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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 Ave, Panama City, FL 32408
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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 Massalina Dr, Panama City, FL 32401
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    Panama City Multi-Family Investment
    $350,999
    4,768 SF

    Panama City Multi-Family Investment

    Five-unit multi-family property with steady cash flow potential in Panama City.

    520 Maine Ave, Panama City, FL 32401
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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 Dr, Inlet Beach, FL 32461
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    Panama City Mobile Home Lot
    $185,000
    0.23 Acres

    Panama City Mobile Home Lot

    Mobile home lot in Panama City, Florida for sale.

    3400 E 1St Ct, Panama City, FL 32401
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    R-2 Zoned Land Opportunity
    $985,000
    4.16 Acres

    R-2 Zoned Land Opportunity

    Land with income producers and new mobile home lot infrastructure.

    1201 N East Ave, 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 St, Panama City, FL 32401
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    Panama City Duplex on Large Lot
    $250,000
    0.50 Acres

    Panama City Duplex on Large Lot

    Duplex on half acre lot with potential for additional units.

    115 N Kimbrel Ave, Panama City, FL 32404
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    Duplex with Expansion Potential
    Pending
    $220,000
    2,260 SF

    Duplex with Expansion Potential

    Income-generating duplex on a large lot with expansion possibilities.

    819 Russ Lake Dr, Panama City, FL 32404
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    Waterfront Home with Strong Rental Income
    $725,000
    1,293 SF

    Waterfront Home with Strong Rental Income

    Fully furnished 2-bedroom waterfront home with excellent investment potential.

    26 Milestone Dr, Inlet Beach, FL 32461
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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, Inlet Beach, FL 32461
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    Functional Duplex in Panama City
    $299,999
    1,950 SF

    Functional Duplex in Panama City

    Dual-unit duplex with recent updates and high occupancy potential.

    2004 And 2006, Panama City, FL 32405
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    Revitalized Multifamily Investment Opportunity
    $1,190,000
    1,837 SF

    Revitalized Multifamily Investment Opportunity

    Turnkey 14-unit multifamily property, fully updated in 2021, excellent investment.

    3533 Us-98, 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 Ave, Panama City, FL 32401
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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 Dr, Panama City, FL 32408
    View details

    Panama City, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 75 multifamily properties for sale in Panama City, FL, showcased through 64 active listings on our real estate platform. These investment opportunities span a total of 562,360 square feet of properties for sale, with an estimated market value of $13,420,398.

    Sale prices for multifamily properties in Panama City, FL start at $185,000, averaging $610,018, 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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    Most Searched ZIP Codes in Panama City, FL

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