Short Term Rental

Panama City, FL Short Term Rental Properties for Sale

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Upgraded Duplex with Rental Potential
Updated: Jan 30, 2025
Upgraded Duplex with Rental Potential

3707 MYSTIC STREET A&B, Panama City, FL 32408

$714,995
2,088 sqft
Duplex offers multiple rental income possibilities (short‑term, long‑term, or a combination).
Located across the street from public lagoon access and one block from a public boat ramp.
Walking distance to public beach access #11 (7 blocks).
Each unit has its own private patio and storage shed.
Both units are updated and freshly painted inside and out.
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This listing looks promising.

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3707 MYSTIC STREET A&B, PANAMA CITY, FL 32408

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Turnkey Vacation Rental Duplex
Updated: Jun 24
Turnkey Vacation Rental Duplex

5237 Thomas Drive, Panama City, FL 32408

$2,230,000
5,156 sqft 0.13 AC lot
Brand‑new duplex under construction (Year built 2025) on Thomas Drive in Panama City Beach
Each side offers 5 bedrooms, 4 full baths, and 1 half bath across three floors
Private in‑ground saltwater pool on each side with natural gas heater and remote control
Fully fenced oversized lot with a privacy divider between each side
Metal roof with central heating and central air; fireplace(s) and ENERGY STAR qualified equipment
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Waterfront Triplex with Boat Access
Waterfront Triplex with Boat Access

6722 S Lagoon Drive, Panama City, FL 32408

$1,100,000
2,720 sqft 0.25 AC lot

Three-in-one property on S Lagoon with two boat slips, a boat lift, and two furnished one-bedroom units.

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Residential Income Duplex with Two Units
Residential Income Duplex with Two Units

2911 Treasure Circle, Panama City, FL 32408

$519,995
2,078 sqft 0.17 AC lot

Duplex for sale featuring two rental possibilities within the same property at 2911 and 2913 Treasure Circle.

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Waterfront Property with Income Potential
Waterfront Property with Income Potential

6722 S Lagoon Drive, Panama City, FL 32408

$1,185,000
2,720 sqft

Updated waterfront property with multiple units and boating amenities.

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Duplex with Two 2BR/2BA Units
Duplex with Two 2BR/2BA Units

6328 Beach Drive, Panama City, FL 32408

$529,000
2,176 sqft

Two-unit duplex with private porches, outdoor showers, and a second-floor deck—well suited for rental use.

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Duplex with Two Equal Units
Duplex with Two Equal Units

4017 Silver Sands Road, Panama City, FL 32408

$439,000
1,596 sqft 0.11 AC lot

Two-bedroom, one-bath duplex with dedicated laundry in each unit, positioned near beach access and local attractions.

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Commercial
Commercial

5012 Gulf Drive #1-4, Panama City, FL 32408

$1,599,999
3,500 sqft

Quadplexes · 3,500 SF

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Beachfront Inn Investment Opportunity
Beachfront Inn Investment Opportunity

8614 Surf Drive, Panama City, FL 32408

$4,000,000
7,723 sqft 0.52 AC lot

Income-producing 11-unit inn with expansion potential on over half-acre.

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Majestic Gulf Front Beach Home
Majestic Gulf Front Beach Home

13401 Oleander Dr, Panama City, FL 32407

$6,300,030
5,984 sqft

New construction, 8 bedrooms, sleeps 36, gulf front home.

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New Turquoise Home with Rooftop
New Turquoise Home with Rooftop

Panama City, FL 32461

$1,299,000
0.11 AC lot

New home with rooftop deck, near beach and Rosemary.

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Move-In Ready Home with Rooftop Deck
Move-In Ready Home with Rooftop Deck

Panama City, FL 32461

$1,295,000
0.11 AC lot

Coastal community home with rooftop deck, near beach access.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Quadplex with Commercial Mixed Use
Quadplex with Commercial Mixed Use

133 Gwyn Drive, Panama City Beach, FL 32408

$745,000
3,732 sqft 0.21 AC lot

Four-unit quadplex with a roof replacement in 2019 and 4-Point Inspection reports for each unit’s HVAC and plumbing.

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Adorable Duplex with Multiple Possibilities
Adorable Duplex with Multiple Possibilities

3707 Mystic Street, Panama City Beach, FL 32408

$645,000
2,088 sqft 0.17 AC lot

Duplex with short-term rental potential near beach and lagoon.

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Furnished Duplex Near Beach
Furnished Duplex Near Beach

8402 Elizabeth Avenue, Panama City Beach, FL 32408

$545,000
1,788 sqft 0.14 AC lot

Turnkey duplex investment opportunity near Panama City Beach.

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Multi-Family Cottage Community
Multi-Family Cottage Community

2907 Sarah Jean Court, Panama City Beach, FL 32408

$1,299,000
3,200 sqft 0.71 AC lot

Four 2-bedroom, 2-bath cottages sit on multiple included parcels with additional buildable lots and Airbnb-allowed short-term rentals.

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Panama City, FL Short Term Rental Properties Market Trends and Statistics

Explore 12 short term rental properties for sale in Panama City, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 35,741 square feet of properties for sale, with an estimated market value of $18,618,019.

Sale prices for short term rental properties in Panama City, FL start at $439,000, averaging $1,861,801, and reaching up to $6,300,030 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 22
Short term rental properties 14
Duplexes 12
Mobile home & RV parks 6
Quadplexes 5

Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Panama City $1.1M
Panama City Beach $6.3M

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $28.37 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

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 pricing trends across core commercial property types in Bay County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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