Panama City, FL Multifamily properties for sale

Turnkey Furnished Home in Prominence North

$949,000

1,747 SF

Turnkey Furnished Home in Prominence North

23 E York Ln, Inlet Beach, FL 32461

Fully furnished, updated 3-bedroom home in Prominence North community.

Turnkey and Fully Furnished: Ready for immediate move‑in or rental use.
High Rental Income Potential: Proven short‑term rental history with over $86k in gross rental revenue in 2025.
Prime Location in Prominence North: Situated directly across from The Big Chill and adjacent to the community pool.
Updated and Pristine Condition: Freshly repainted, spotless interior with new hardwood floors and high‑quality finishes throughout.
Includes Golf Cart: Provides effortless access to community amenities.

Updated: Jan 15

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Waterfront Home with Strong Rental Income

$725,000

1,293 SF

Waterfront Home with Strong Rental Income

26 Milestone Dr, Inlet Beach, FL 32461

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

Strong rental income: $63,000+ in 2023 and $70,000+ in 2024.
Waterfront property in Inlet Beach.
Fully furnished, 2‑bedroom, 2‑bathroom home with 1293 sq ft.
Includes a golf cart.
Community amenities: garage, gym, pool, and common outdoor spaces.

Updated: Jan 2

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$510,000

0.40 Acres

Dual-Home Family Retreat Near Beach

Dual-home property ideal for multi-generational families or rental income.

1016 W 12Th St, Panama City, FL 32401

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Pending

$719,000

1,293 SF

Furnished Condo with LSV Included

Furnished 2BR/2BA condo in Prominence with LSV included.

79 Milestone Dr, Inlet Beach, FL 32461

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Pending

$459,000

0.07 Acres

Furnished Duplex Near Laguna Beach

Turnkey rental duplex near dedicated Laguna Beach access.

203 Broderick Pl, Panama City, FL 32413

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Revitalized Multifamily Investment Opportunity

$1,190,000

0.20 Acres

Revitalized Multifamily Investment Opportunity

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

3533 Us-98, Panama City, FL 32401

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Income-Producing Duplex Near Tyndall AFB

$365,000

0.17 Acres

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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$360,000

0.10 Acres

Income-Producing Duplex Near Tyndall AFB

2024 duplex with strong rental performance near Tyndall AFB.

314 Bayou Ave, Panama City, FL 32401

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$220,000

0.31 Acres

Duplex on Large Corner Lot

Income-generating duplex with expansion potential in Panama City, Florida.

819 Russ Lake Dr, Panama City, FL 32404

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$785,000

1.99 Acres

Waterfront Property with Gulf Access

1.98-acre waterfront property with dock and RV hookups.

3 Lots Allanton Rd, Panama City, FL 32404

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$850,000

Quadplex Plus 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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Waterfront Multi-Family Investment Opportunity

$1,850,000

0.25 Acres

Waterfront Multi-Family Investment Opportunity

Waterfront property with new construction and income potential in Panama City.

401 Massalina Dr, Panama City, FL 32401

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Pending

$470,000

0.25 Acres

Like-New Duplex Near the Beach

Updated duplex ideal for investors or multi-generational living.

9020/9022 Houston St, Panama City, FL 32408

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$850,000

1.80 Acres

Four-Unit Panama City Quadplex

Investment opportunity: four units, mobile home, expansion potential.

5115 E 10Th St, Panama City, FL 32404

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$570,000

0.27 Acres

New Construction Townhomes in Panama

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

1116 Mercedes Ave, Panama City, FL 32401

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Adorable Duplex with Multiple Possibilities

$694,000

0.13 Acres

Adorable Duplex with Multiple Possibilities

Upgraded duplex with short-term rental potential near lagoon access.

3707 Mystic St, Panama City, FL 32408

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$320,000

Panama City Duplex For Sale

Well-maintained duplex with long-term tenants in Panama City, Florida.

4006 E 11Th St, Panama City, FL 32404

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$585,000

0.28 Acres

Triplex Near the Beach

Triplex on a double lot, walking distance to the beach.

7519 Sunset Ave, Panama City, FL 32408

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Panama City Multifamily Investment Opportunity

$425,000

0.42 Acres

Panama City Multifamily Investment Opportunity

Four rental units in Historic St. Andrews generating annual income.

2810 W 15Th St, Panama City, FL 32401

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$250,000

0.50 Acres

Duplex on Half Acre Lot

Duplex with potential for additional units in Panama City.

115 N Kimbrel Ave, Panama City, FL 32404

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Pending

$365,000

0.25 Acres

Income-Producing Duplex Near Tyndall AFB

2023 duplex with strong rental performance, ideal for investors.

709 E 10Th St, Panama City, FL 32401

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Pending

$245,000

1,084 SF

Rehabbed Duplex Unit

Renovated 2-bedroom, 2-bath duplex unit with modern upgrades.

1307 Calabria Rd, Panama City, FL 32405

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Pending

$566,000

0.15 Acres

Updated Duplex Near Lagoon

Fully furnished, updated duplex near the beach with rental potential.

3923 Holiday Dr, Panama City, FL 32408

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$1,950,000

0.65 Acres

Panama City Multifamily Investment Opportunity

14-unit apartment complex in Parker, near shopping and Tyndall AFB.

114 Highway 22 A, Panama City, FL 32404

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Panama City, FL Multifamily Properties Investment Opportunities Market Analysis

Explore 79 multifamily properties for sale in Panama City, FL, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 766,220 square feet of properties for sale, with an estimated market value of $21,805,400.

Prices for multifamily properties in Panama City, FL start at $220,000, averaging $726,846, and reaching up to $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Panama City, FL Multifamily Properties for Sale

Turnkey Furnished Home in Prominence North

Fully furnished, updated 3-bedroom home in Prominence North community.