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Introducing an exceptional investment opportunity in unincorporated Bay County , located west of Hwy. 79 and south of Hwy. 98! This listing features one of two duplexes, sold together as one package at $850,000, offering a total of 6 rooms, 2 full baths, and a combined 2596 sq ft. The first duplex boasts a total of 1276 sq ft. Unit A comprises a cozy 1 bedroom and 1 bath, while Unit B features 2 bedrooms and 1 bath -  the feature unit for touring is Unit B (left-side) on Tanaga Str and vacant for easy showing. Currently three are rented to long-term tenants, this duplex presents an ideal scenario for a quadplex configuration, allowing you to live in one unit while generating rental income from the others. Both units share a convenient onsite laundry area.

Situated just blocks away from the beach, these two duplexes are adjacent to each other and share an inviting in-ground pool across the .28 ac compound. The pool belongs to this parcel. The second duplex, situated at 326 Tanaga Str (Parcel ID: 36062-010-0000/MLS#:742881), spans 1320 sq ft and mirrors the layout of the first duplex, with Unit A consisting of 1 bedroom and 1 bath, and Unit B offering 2 bedrooms and 1 bath (this is the feature unit for open tours). With its residential financial potential as a quadplex, this property is ideally suited for short-term rentals. Each unit features all-tile floors and a sturdy metal roof, ensuring durability and low maintenance.

Please note that the units are currently occupied, and showings must be scheduled in advance due to tenants, some of whom have pets onsite. However, we have provided a convenient 3D Matterport walk-through video tour for your viewing pleasure. Three of the units has its own rental income, with Unit A bringing in $850 per month month-to-month in the Derondo Str duplex and Unit B bringing in $1200 per month lease with 6 months remaining. Unit A in the Tanaga Str duplex generating $900 per month under month-to-month.

This unique investment opportunity is being offered as-is, with no survey or termite bond available. The owner has held the properties for 11 years and now seeks a simultaneous closing for both properties. Don't miss out on this chance to own two duplexes with significant income potential and proximity to the beach. Act now and seize this excellent investment opportunity! Offered at $850,000 for both duplexes.
#742882

Panama City Beach

327 Derondo Street A & B

3 Beds

2 Baths

1,276 Sq.Ft.

$445,000

MLS#: 742882

Discover Your Slice of Paradise: Unleash the Beach Lover Within, with 507 Albatross Street.
A rare opportunity and new to market ''With-in a block's walk or golf cart ride to Bid-A-Wee's Historic deeded beach access.''
Short term rental allowed or make this your forever beach home! This one will not last long, come view today.
Home sold as is, furniture included
#767495

Panama City Beach

507 Albatross Street

2 Beds

1 Baths

864 Sq.Ft.

$545,000

MLS#: 767495

COUNTRY ESTATE!!! INDOOR POOL!!! 2 NEW CENTRAL UNITS JUST INSTALLED! Beautiful custom-built brick home in the country just a short distance from Panama City on 10.03 acres. Swim year round in the beautiful indoor 16x36 swimming pool! Huge kitchen and breakfast area with a double opening fireplace to the breakfast area and the formal living room. The Family Room features ceramic tile floors, a bay window surrounded by stone, and an electric fireplace. Very large Sewing/Laundry/Hobby room with center island that has drop leaves on each end for tons of counter and cabinet space with a door opening to the outside for gardening and potting. Gorgeous formal dining room and foyer. Downstairs guest bedroom and Master Bedroom with beautiful oak hardwood floors. Master bedroom also has it's own fireplace. Master Bath is very spacious with a garden tub and a separate shower, two walk-in closets 7.5'x9.5' each. Vanities on both sides of Master Bath. Up the gorgeous oak staircase to a cute sitting area/study just outside two additional large bedrooms with large closets which share a full bath. Just off the sitting area/study is a spacious storage closet. This one looks like it came right off the page of a magazine, don't wait, make an appointment to see it today!!!
#623766

Chipley

3702 PINE LOG Road

4 Beds

3 Baths

3,829 Sq.Ft.

$294,900

MLS#: 623766

Large Building lot for Country living yet close to town! Lot is 1.46 acres off hwy 2301 within minutes to the Deer Point Dam where you can launch you boat for Great Saltwater Fishing or Freshwater fishing! This is a very convenient area close to all that our wonderful area has to offer! Want more land? There are 4 lots next to each other, so buy more! Thank you for considering this property. All information should be verified if important.
#673738

Panama City

LOT 3 TREE FARM Road

None Beds

None Baths

1.46 acres

$15,950

MLS#: 673738

Escape to a quiet and peaceful retreat in the gated community of Long Lake Estates. Priced to sell with a motivated owner, this is a rare chance to secure premium lakefront acreage at an exceptional value. These stunning lakefront properties offer a rare opportunity to build your dream home or a peaceful second residence in a quiet, natural setting.   Offered as one combined parcel totaling 10.52 acres with an impressive 415ft of frontage on beautiful spring-fed Long Lake or two separate lots.  Lot 3 is 5.25 acres with approximately 178 feet of water frontage and Lot 4 is 5.27 acres with approximately 237 feet of water frontage. There are no build-out time requirements, and you can build with minimal restrictions.  Enjoy swimming, boating, fishing, kayaking, paddle boarding or relaxing by the lake in the privacy of your own backyard—Long Lake is exclusive to the community and known for its clear, refreshing waters.  Conveniently located just 35 minutes north of Panama City Beach in the peaceful Greenhead area, this property is easily accessible from Highway 77 and sits close to the community's gated entrance on a paved road. Offering unmatched privacy, natural beauty, and access to endless outdoor recreation, this property is perfect for a weekend escape, full-time residence, or investment opportunity. Don't miss this unique opportunity to own your own slice of lakeside paradise. Buyer should verify all data and dimensions.
#775394

Chipley

Lots 3 & 4 Lake Ridge Road

None Beds

None Baths

10.52 acres

$175,000

MLS#: 775394

Incredible value for this turnkey 1BD/2BA at Seychelles! Close in time to capture high $ rental income. Quarterly HOA dues cover all utilities even power! This property has been meticulously maintained – new HVAC 2/2017!   Conveys fully furnished and rental ready. Tiled living area and stainless appliances.  Let this condo be your next home away from home or performing investment property! This cozy 1 bed/2 bath condo accommodates six people with a king in the master bedroom, built-in hallway bunks, and a sofa sleeper. Located in very desirable area of Thomas Dr. next to popular restaurant Schooners and less than one mile from St. Andrews State Park one of the most beautiful and popular state parks in the state! This Gulf front building has lush, tropical landscaping, fully equipped fitness center, high speed elevators, Seasonally heated Gulf front pool, Dune walkover, covered parking garage. Escape to the natural beauty of Seychelles Beach Resort. Fronting 200 feet of beautiful gulf-front terrain, this gorgeous high-rise resort condominium rises 22 stories above the sparkling sugar-white sands and emerald green waters, offering spectacular views of the Gulf of Mexico. Seychelles is a great place to have a second home for your family or rental investment.
#657207

Panama City Beach

5115 GULF Drive 2002

1 Beds

2 Baths

883 Sq.Ft.

$199,900

MLS#: 657207

Have You Been Waiting For The PERFECT Property? Well...Wait No Longer! This Gorgeous Space Offers Incredible Views & Waiting To Be Designed To Your Perfection! Being Sold As-Is, This Property Is Conveniently Located On The 7th Floor, Expanding 2 Stories & Just Steps Away From The Beach! Laketown Wharf Resort Is In The Heart Of All The Fun & Excitement In Panama City Beach Just Steps Away From The World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities With Convenient Beach Access, 5 Unique Pools, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking. Laketown Wharf Offers A Variety Of Views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy The Nightly Fountain & Light Show & Market Shops. Along The 52,000 Square Feet Of Lakefront Boardwalk. Multiple Views & Floor Heights Also Available! Call Today To Arrange Your Private Viewing Of This Amazing Condo & See For Yourself All That This Residence Has To Offer! As Always Buyer To Verify All Information Deemed Important!
#721863

Panama City Beach

9860 S Thomas Drive COMMERCIAL #7

None Beds

None Baths

1,536 Sq.Ft.

$350,000

MLS#: 721863

UNDER CONTRACT!  SELLER TAKING BACKUP OFFERS! Beautiful, just remodeled condo with Custom built bunk beds and a King size bed in Bedroom.  Upgraded Bedding.  Granite counters in the kitchen and bathroom.   Stainless steel appliances.  New drapes, ship lap siding in the bunk area.  Breakfast bar and Dinette area.  Sliding glass doors open to the balcony.    Walls and ceiling has just been painted.  New Roof.  Also the Association has contracted with Window World to replace all windows and sliding doors with 200 MPH wind resistant windows which is the present code and to repaint the entire building and repair any discrepancies in the stucco siding.  The Association is in excellent financial condition.   This is a must see before you buy!
#712055

Panama City Beach

134 Damon Circle O

1 Beds

1 Baths

651 Sq.Ft.

$199,900

MLS#: 712055

Fantastic mobile home on the west end of the beach, and just a short walk or golf cart ride to the Gulf of Mexico.  This home was recently remodeled and features vinyl wood plank floors, new paint, upgraded fixtures and counter tops.  Split bedroom floor plan with a nice size living room with kitchen/dining room combo.  This home also features a large covered porch/deck, and an over sized detached garage with storage.
#677263

Panama City Beach

219 vendao Place

3 Beds

2 Baths

1,345 Sq.Ft.

$2,275

MLS#: 677263

Lake front Log Cabin! This will be your new favorite getaway.  Glorious Lake views from almost every room in the house. Sit & drink your coffee on one of the many decks overlooking the water.

The bottom floor features a roughed-in kitchen, separate utility, living area, bedroom, and bathroom.  Finish this area and it is perfect as an in-law suite, guest suite, or living area for a college student.  

Grab your fishing poles because bass abound in the lake! There is a floating dock perfect for fishing, or put your kayak in the water and paddle around.  The owner also had a a sitting area built near the water. Lounge with friends as the sun sets on another day of fishing & fun.

The property includes 1.76 acres directly in front of the home. 

Measurements are approximate, verify if importa
#670892

Chipley

3539 PAYNE LAKE Road

4 Beds

3 Baths

2,720 Sq.Ft.

$255,000

MLS#: 670892

**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS** Nestled on a large corner lot in a centrally located neighborhood, this charming home updated with coastal finishes offers the perfect blend of character and modern comfort. Boasting 4 spacious bedrooms, 2 bathrooms, and 1,824 sqft of living space, this gem also has solar that is completely paid for helping keep energy costs down. 

Thoughtful, tasteful finishes enhance the home's inviting interior, while its location puts you just moments from top-rated schools, shopping, and dining. It's easy to appreciate the updated flooring throughout the home, the spacious kitchen with quartz countertops, stainless appliances, a beautiful tile backsplash and a breakfast bar. Both bathrooms have updated vanities and tiled showers. The seller also installed a new tankless water heater for added peace of mind. The large, fenced backyard is perfect for kids, pets, or entertaining, and the covered porch invites you to relax and enjoy the coastal breezes year-round.

Don't miss your chance to own this timeless treasure! Schedule your showing today.
#768468

Panama City

1100 Brenau Terrace

4 Beds

2 Baths

1,824 Sq.Ft.

$247,500

MLS#: 768468

Beautiful building lot in the heart of the gated community of Jubilation. This beachside homesite is only steps away from the pool/ poolhouse and private/ dedicated boardwalk that accesses one of the most serene and non populated areas in the Cape San Blas area. Jubilation is subject to architectural standards, restrictive covenants, but no timeline to build. Jubilation is not only gated but is adjacent to undeveloped federal that has miles of gulf frontage. Very stable and long standing HOA and vacation rentals are permitted. this is a solid area with tremendous upside.
#759367

Cape San Blas

Lot 51 Rosemary Court

None Beds

None Baths

0.1 acres

$106,900

MLS#: 759367

GULF FRONT UNIT - LOCATION, LOCATION, LOCATION!!! (true, gulf front unit, not tucked away in the corner). 7th floor INCLUDES A 7TH FLOOR PARKING SPACE. This condo is awesome!! This unit has been recently remodeled with plank tile, stainless steel appliances, stainless steel farm sink, and newly painted. Bunkroom has a door and private bath, could be considered a bedroom. The Shores of Panama Condominiums are known for its resort style, lagoon pool area complete with hot tub and two Tiki bars. The other amenities include indoor heated pool, spa, fitness center, sauna and steam room and an on site market. This complex lends itself to some very nice rental returns.Avoid elevators, fully furnished rental ready
#693435

Panama City Beach

9900 S Thomas Drive 702

1 Beds

2 Baths

980 Sq.Ft.

$284,000

MLS#: 693435

Rare opportunity to acquire a premier commercial/industrial property in Beach Commerce Park on the West End of Panama City Beach. Situated on 3.9± acres, this property offers a powerful combination of office, warehouse, and outdoor storage space in one of the area's only planned industrial parks. The improvements include 6,820 sq. ft. of professional office space and a 24,400 sq. ft. warehouse, providing ample room for administration, storage, distribution, or manufacturing operations. In addition, the site features an approximate 1.9-acre lay-down yard ideal for equipment staging, materials, or outdoor operations. Designed with functionality in mind, the property has ample parking and direct access for 18-wheelers and heavy equipment, making logistics and transportation seamless. Beach Commerce Park is a fully serviced development with public underground utilities, recorded covenants, and design standards that ensure a consistent, high-quality setting for businesses. Located just off Panama City Beach Parkway (U.S. Hwy 98), approximately one mile west of Highway 79, the site provides excellent connectivity east and west along the Parkway, as well as quick access north to Interstate 10 and Northwest Florida Beaches International Airport. With Panama City Beach's West End continuing to grow, this property stands out as a one-of-a-kind industrial opportunity. Its scale, versatility, and prime location make it ideally suited for a large construction company, distribution hub, or any enterprise needing significant office, warehouse, and yard space in one of the region's most strategic corridors.
#778082

Panama City Beach

17687 Ashley Drive

None Beds

None Baths

31,220 Sq.Ft.

$12

MLS#: 778082

Gorgeous Camellia Cottage in Latitude Margaritaville Watersound, an Active Adult 55+Community.  The community sits perched along the Intracoastal Waterway within 7 miles from the BEACH! Highly upgraded with a gourmet kitchen with large island, gas range, quartz countertops and more! Stunning tile floors (highly upgraded option) throughout. Custom ceiling beams in the family room, feature walls with shiplap in Family room, dining room, master bedroom, master bath and laundry room. Plantation shutters, custom closet in master, laundry with cabinetry, 8 ft doors throughout, epoxy floors on the spacious screened patio and garage. 

 Latitude Margaritaville Watersound has been recently named among the TOP 50 master planned communities in the U.S.

The lifestyle this beautiful Florida Cottage and Latitude Margaritaville Watersound has to offer is second to none. Incredible amenities include a resort style pool, indoor  lap pool, fitness center, bandshell with music and entertainment every weekend, Private restaurant sits overlooking the Intracoastal Waterway!  This home has a builders warranty and a 10 year structural warranty. Must see!
#761138

Panama City Beach

8674 Coral Reef Way

2 Beds

2 Baths

1,315 Sq.Ft.

$435,000

MLS#: 761138

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. Ā© 2024. First Multiple Listing Service, Inc.
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