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    Panama City Beach, FL
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    Panama City Beach, FL Multifamily Properties for Sale

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    Panama City, FL Mexico Beach, FL Port St Joe, FL
    36 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
    View details
    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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    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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    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
    View details
    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
    View details
    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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    RV Park Near Panama City Beach
    $8,900,000
    3,452 SF

    RV Park Near Panama City Beach

    60-lot RV park with expansion potential near Panama City Beach.

    11930 Panama City Beach Parkway, Panama City Beach, FL 32407
    View details
    Luxury Beachfront Retreat Investment Property
    $4,195,000
    4,400 SF

    Luxury Beachfront Retreat Investment Property

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

    19706 Front Beach Road, Panama City Beach, FL 32413
    View details

    Panama City Beach, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 41 multifamily properties for sale in Panama City Beach, FL, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 85,285 square feet of properties for sale, with an estimated market value of $42,755,800.

    Sale prices for multifamily properties in Panama City Beach, FL start at $165,000, averaging $1,336,118, 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.

    List
    Map

    Top Commercial Asset Segments

    Short term rental properties 21
    Duplexes 13
    Apartment buildings 7
    Mobile home & RV parks 4
    Quadplexes 3

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City Beach fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 71K
    Population Growth (5Y) +2,055.8%
    Median Household Income $72,438
    College Educated 42.8%

    High-Yield Neighborhoods for Investment

    Identify Panama City Beach submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Panama City $629.8K
    Panama City Beach $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $14.55 per sq ft
    Tax Rate vs County Average 0.16 pp below county avg
    Average Loan-to-Value 65.0%

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