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

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    Found 42 multifamily property listings for sale in West Panama City Beach, FL, averaging $359/sq ft. Use valuation data to compare deals faster.
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    Two-Residence Short-Term Rental Property
    Updated: Nov 4
    Two-Residence Short-Term Rental Property

    209 Oleander Drive, Panama City Beach, FL 32413

    $1,199,000
    2,798 sqft 0.22 AC lot
    Two residences on a 0.22‑acre parcel, less than 500 steps from the beach
    2,798 square feet of property space
    Main residence remodeled in 2017; separate carriage house built in 2023
    Carriage house includes a two‑car garage and separate entrance
    30‑by‑30‑foot insulated workshop with plumbing in place
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    Four-Unit Townhome-Style Multifamily Property
    Updated: Oct 22
    Four-Unit Townhome-Style Multifamily Property

    7308 Kingman Street, Panama City Beach, FL 32408

    $775,000
    4,464 sqft
    Four occupied townhome‑style units, each with 2 bedrooms and 1.5 bathrooms
    4,464 square feet; built in 1983
    Additional parcel of approximately 0.274 acres included
    Roof replaced in 2018; one HVAC system replaced in 2025
    Recently installed drain field; septic tank
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    Duplex with Separate Workshop
    Duplex with Separate Workshop

    209 Oleander Drive, Panama City Beach, FL 32413

    $1,199,000
    2,798 sqft

    Two residences, a detached workshop, and separate electric meters support a flexible coastal property with residential multifamily zoning.

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    Remodeled Short-Term Rental Home
    Remodeled Short-Term Rental Home

    17624 Lynn Street, Panama City Beach, FL 32413

    $899,000
    1,798 sqft

    Zoned for short-term rentals and located less than two blocks from the beach.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    9502 Clarence Street, Panama City Beach, FL 32407

    $2,950,000
    2,155 sqft 3.42 AC lot

    The property includes 28 lots, a separate residence, and access toward both Panama City and Panama City Beach.

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    Furnished Gulf-View Duplex
    Furnished Gulf-View Duplex

    6006 Thomas Drive, Panama City Beach, FL 32408

    $2,000,000
    4,480 sqft 0.12 AC lot

    Two matching residences offer flexible layouts, private driveways, covered patios, and proximity to public beach access.

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    Two-Residence Beach-Access Duplex
    Two-Residence Beach-Access Duplex

    13801 Bay Avenue, Panama City Beach, FL 32413

    $725,000
    2,320 sqft

    Separate living spaces, private entrances, outdoor areas, and garage access support flexible residential use.

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    Duplex with Separate Patios
    Duplex with Separate Patios

    3707 Mystic Street A-B, Panama City Beach, FL 32408

    $599,900
    2,269 sqft

    Two distinct residences have individual entrances, parking areas, patios, and storage sheds.

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    Furnished Duplex with Private Garages
    Furnished Duplex with Private Garages

    2311/2313 Anne Avenue, Panama City Beach, FL 32408

    $875,000
    3,452 sqft

    Two-unit short-term rental property with enclosed outdoor areas and covered porches for each residence.

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    New Construction Duplex
    New Construction Duplex

    19916 Bonita Drive, Panama City Beach, FL 32413

    $825,000
    2,400 sqft

    Two-unit coastal property with modern finishes, private outdoor space, and convenient access to Beach Access #77.

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    Duplex with Private Entries
    Duplex with Private Entries

    3707 Mystic St, Panama City Beach, FL 32408

    $599,900
    2,184 sqft

    Two distinct residences have separate patios, parking areas, and kitchens, with short-term rentals permitted.

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    Renovated Duplex with Fenced Yard
    Renovated Duplex with Fenced Yard

    116 Lakeside Circle, Panama City Beach, FL 32413

    $505,000
    1,664 sqft 0.17 AC lot

    Brick duplex with central air, updated finishes, and a fenced rear yard in Panama City Beach.

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    Furnished Two-Unit Duplex
    Furnished Two-Unit Duplex

    7300 Sunset Avenue, Panama City Beach, FL 32408

    $499,000
    1,896 sqft

    Short-term rentals are permitted, with separate parking and private outdoor space for each residence.

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    Duplex with Gulf Views
    Duplex with Gulf Views

    13903 Millcole Avenue A & B, Panama City Beach, FL 32413

    $2,300,000
    3,960 sqft

    Both sides are included, with access to a gated private beach and pools in the Bid A Wee subdivision.

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    Motel Property with Seven Bedrooms
    Motel Property with Seven Bedrooms

    604 Fernwood Street, Panama City Beach, FL 32407

    $599,000
    2,556 sqft 0.42 AC lot

    Block construction, public sewer, and window-unit cooling support multiple commercial lodging configurations.

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    Pool-Amenitized Multifamily Property
    Pool-Amenitized Multifamily Property

    604 Fernwood Street, Panama City Beach, FL 32407

    $599,000
    2,556 sqft 0.42 AC lot

    Former motel with a private pool, paved parking, and flexible residential configuration options.

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    Remodeled Triplex with Detached Unit
    Remodeled Triplex with Detached Unit

    307 Sundial Street, Panama City Beach, FL 32413

    $895,000
    3,676 sqft 0.74 AC lot

    Three updated residences offer separate living spaces, including a rear home set apart from the two-level main building.

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    Furnished Two-Unit Duplex
    Furnished Two-Unit Duplex

    8402 Elizabeth Avenue, Panama City Beach, FL 32408

    $495,000
    1,788 sqft 0.14 AC lot

    Furnished duplex with two-bedroom units, renovated interiors, and no HOA.

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    Triplex with Shared Pool
    Triplex with Shared Pool

    4111 Appalachee St Unit A, Panama City Beach, FL 32408

    $995,000
    2,604 sqft

    Three attached townhomes provide two-bedroom, two-bath layouts with individual carports and access to a shared pool.

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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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    Duplex with Private Garages
    Duplex with Private Garages

    2313/2311 Anne Avenue, Panama City Beach, FL 32408

    $875,000
    3,452 sqft

    Both furnished residences have separate garages, covered porches, and fenced outdoor areas.

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    Operating RV Park
    Operating RV Park

    11930 Panama City Beach Parkway, Panama City Beach, FL 32407

    $7,900,000
    13.82 AC lot

    The property combines existing RV accommodations with PUD zoning and a Mixed-Use Future Land Use designation.

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    Furnished Duplex
    Furnished Duplex

    7300 Sunset Ave #A&B, Panama City Beach, FL 32408

    $499,000
    1,896 sqft

    Both residences have private backyards and outdoor showers, with short-term rental use allowed.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    9502 Clarence Street, Panama City Beach, FL 32407

    $2,950,000

    The property includes a single-family residence and a mix of park-owned and tenant-owned mobile homes.

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    West Panama City Beach, FL Multifamily Properties Market Trends and Statistics

    Explore 42 multifamily properties for sale in West Panama City Beach, FL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 101,761 square feet of properties for sale, with an estimated market value of $45,232,797.

    Sale prices for multifamily properties in West Panama City Beach, FL start at $140,000, averaging $1,190,336, and reaching up to $7,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 15K
    Population Growth (5Y) +4.1%
    Median Household Income $76,010
    College Educated 46.8%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Bay County

    Residential Income

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    Most Searched ZIP Codes in West Panama City Beach, FL

    • 32413
    • 32408
    • 32407
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