Triplex

Panama City Beach, FL Triplexes for Sale

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Panama City, FL Mexico Beach, FL Port St Joe, FL
Three-Unit Triplex with Separate Entrances
Updated: Jul 8
Three-Unit Triplex with Separate Entrances

5612 Hilltop Avenue, Panama City Beach, FL 32408

$699,000
3,804 sqft
Triplex built in 1986 with three separate units: Apartment A (4 bed/2 bath), Apartment B (2 bed/2 bath), and Apartment C (2 bed/2 bath).
Apartment B and Apartment C each have their own separate entrance; Apartment A includes a converted two‑car garage creating bonus/flex space.
Central heating and central air; kitchen appliances include dishwasher, microwave, refrigerator, and electric stove/oven.
Covered parking available and public sewer service connected.
No HOA reported; expansive lot allows parking for an RV, boat, or multiple vehicles.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Panama City Beach, 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.

Three-Unit Triplex with Backyards
Three-Unit Triplex with Backyards

726 Detroit Avenue, Panama City, FL 32401

$599,000
3,891 sqft

Fully occupied triplex offers three spacious 3-bedroom, 2-bath homes with private driveways and individual yard space.

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Fully Leased Triplex Investment
Fully Leased Triplex Investment

1208 Springsax Road, Tallahassee, FL 32305

$355,000

Triplex with all three units leased, with newer roof and HVAC systems supporting manageable ownership.

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Panama City Triplex Opportunity
Panama City Triplex Opportunity

422 N Macarthur Avenue, Panama City, FL 32401

$150,000
1,915 sqft · 0.20 AC lot

Triplex in Panama City, a blank canvas for renovation.

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New Construction Triplex Near Stadium
New Construction Triplex Near Stadium

1735 JacksonBluff Road, Tallahassee, FL 32311

$3,000,000

New construction triplex student housing, fully leased, great investment opportunity.

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Panama City Beach, FL Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Panama City Beach, FL on our real estate platform. These investment opportunities span a total of 3,804 square feet of properties for sale, with an estimated market value of $699,000.

Sale prices for three-family homes in Panama City Beach, FL start at $699,000, averaging $699,000, and reaching up to $699,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 22
Duplexes 11
Apartment buildings 8
Quadplexes 4
Mobile home & RV parks 3

Demographics Overview

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

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $14.55 per SF
Tax Rate vs County Average 0.16 pp below 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 Beach fall within the 25,000 to 50,000 square foot range.

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