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Introducing an exceptional investment opportunity featuring a newly constructed 5-plex built in 2025, offering modern design, strong income potential, and low-maintenance ownership. Even better, the entire development is fully occupied with long-term tenants already in place, providing immediate income and a true turnkey investment opportunity from day one.

Each spacious unit features 3 bedrooms, 2 bathrooms, approximately 1,677 square feet, and an attached 1-car garage, creating an ideal setup for stable long-term rental demand and strong occupancy potential.

These thoughtfully designed units showcase upscale finishes throughout, including oversized open-concept living spaces, luxury vinyl plank flooring, recessed lighting, modern fixtures, and beautifully appointed kitchens with custom cabinetry, stainless steel appliances, oversized islands, and warm butcher block countertops. The bathrooms offer a high-end contemporary feel with custom vanities, designer lighting, vessel sinks, designer mirrors, and stunning tiled walk-in showers with frameless glass enclosures.

Built with today's renter in mind, each residence offers spacious layouts, modern coastal-inspired exteriors, private garage parking, and stylish, durable finishes designed for long-term appeal and minimal upkeep. The property also features ample parking, attractive curb appeal, and a clean, modern aesthetic that sets it apart from typical multifamily offerings.

Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a high-performing multifamily asset, this fully leased, turnkey development offers a rare opportunity to own a brand-new income-producing property with immediate cash flow and modern construction advantages.
#790023

Panama City

5333-5345 Cherry Street

None Beds

None Baths

8,385 Sq.Ft.

$1,575,000

MLS#: 790023

Welcome to your dream home in the highly sought-after SweetBay community! This beautifully designed Captiva floor plan offers 4 bedrooms, 2.5 baths, and a layout that perfectly balances comfort, functionality, and style. Built by respected local builder Samuel Taylor Homes, this residence showcases quality craftsmanship and thoughtful design throughout--including durable 2x6 exterior wall framing for enhanced structural strength, improved insulation, and energy efficiency.
Situated on a premium pond-front lot, this home enjoys peaceful water views and a serene natural backdrop. The upstairs balcony overlooks the pond, offering elevated views that create the perfect setting for morning coffee or relaxing sunset evenings. The backyard is fully fenced for privacy and security, and a built-in sprinkler system keeps your lawn lush and vibrant with minimal effort.
Inside, the open-concept main living area flows seamlessly into a modern kitchen with stylish finishes and ample workspace--ideal for both everyday living and entertaining. In addition to the primary living space, the home features a versatile bonus area that can easily serve as a second living room, home office, playroom, or flex space to suit your needs.
The spacious primary suite provides a private retreat, while three additional bedrooms offer flexibility for family and guests. A standout feature is the small, separate kitchen located in the covered back room--perfect for outdoor entertaining, holiday meal prep, grilling overflow, or hosting gatherings year-round.
Additional highlights include a two-car garage with alley access, ample guest parking, and access to SweetBay's resort-style amenities, including community pools, parks, walking and biking trails, and bayfront access. The neighborhood is also home to University Academy and is just minutes from Publix Super Market at SweetBay Town Center for everyday convenience.
Enjoy pond-front living, flexible spaces, stunning balcony views, superior construction, and a fully equipped, fenced backyard with sprinkler system--experience the vibrant lifestyle SweetBay has to offer and schedule your private showing today!
#785867

Panama City

2101 Kingfisher Court

4 Beds

2 Baths

2,580 Sq.Ft.

$599,000

MLS#: 785867

This spacious 5-bedroom Lynn Haven home offers the perfect combination of functionality, comfort, and style. Thoughtfully updated with an open-concept layout and generous living spaces, this property is designed for both everyday living and entertaining.
The beautifully renovated kitchen features custom granite countertops, upgraded cabinetry, stainless steel appliances, abundant storage, and a large barn door pantry. The oversized breakfast bar provides seating for six and opens seamlessly to the inviting family room, creating an ideal gathering space. A formal dining room adds additional flexibility for hosting and special occasions.
All five bedrooms offer ample closet space, while the rear bathroom conveniently serves as a pool bath with direct access to the outdoor entertaining area. The spacious primary suite features a luxurious custom stone-tile shower with overhead rain shower and a custom built-in closet system.
Step outside to your own private backyard oasis complete with a fully heated pool -- including the entire pool, not just the spa area. Extensive concrete work surrounding the pool deck and front driveway provides exceptional space for entertaining, parking, and outdoor enjoyment. Additional exterior features include an 8-foot privacy fence, Aiper wireless pool robot vac, termite bond with Brock utilizing Sentricon stations, and customizable Govee exterior lighting that enhances both curb appeal and nighttime ambiance year-round.
Additional upgrades include LED lighting throughout, newer sliding glass doors, HVAC system, electric pool heater, crown molding, and additional linen storage.
This home has been exceptionally maintained and offers countless upgrades throughout, truly a must-see property in the heart of Lynn Haven. (All sizes approximate and taken from public records. Buyer to verify any details deemed important.)
#790010

Lynn Haven

1415 Inverness Road

5 Beds

3 Baths

2,275 Sq.Ft.

$549,900

MLS#: 790010

Nestled just north of Scenic Hwy 30A, this beautifully appointed 3-bedroom, 3-bath residence offers a thoughtfully designed 3-story floor plan complemented by inviting covered porches. Upon entry, you are welcomed by 10ft ceilings and elegant finishes, including tile flooring throughout the first level and hardwood flooring on the 2nd and 3rd floors.

Designed with both style and functionality in mind, the gourmet kitchen features quartz countertops and premium stainless steel KitchenAid appliances, including a gas cooktop, wall oven, and dishwasher, along with numerous upgrades throughout the home.

The home's unique layout is highlighted by an exceptional 3rd floor primary suite that occupies the entire top level, creating a private retreat complete with its own private balcony and additional space for a sitting area or home office. The 1st floor provides a versatile entertainment space with a bar, full bath, and an additional bedroom that could also function as an office or flex space. Outdoors, the fenced backyard offers ample room to add a private pool and is enhanced by mature palm trees that create a true Florida coastal ambiance.

Enjoy the exceptional lifestyle offered at Grande Pointe in Inlet Beach, where residents have private access to Lake Powell, one of the area's rare coastal dune lakes, just moments from the sugar-white sand beaches of South Walton. Ideally located less than 1 mile from Inlet Beach Regional Access, this home offers convenient access to one of the area's largest and most desirable public beach access points with ample parking, restrooms, and seasonal lifeguards. Community amenities include a resort-style pool, lakefront pavilion, and private dock on Lake Powell for owners and guests to enjoy. The neighborhood is also near Camp Helen State Park with miles of scenic hiking and biking trails, Hwy 98 for convenient travel to the airports in Destin and Panama City Beach, the boutique shopping and dining of 30Avenue, and the art-lined pedestrian underpass that safely provides access to Scenic 30A. Whether as a primary residence, second home, or investment property, this exceptional home presents an outstanding opportunity to experience the best of coastal living.
#790036

Inlet Beach

52 S Grande Pointe Drive

3 Beds

3 Baths

2,839 Sq.Ft.

$999,850

MLS#: 790036

Fully Renovated • No HOA • Prime Location

This beautifully updated home is the perfect blend of style and convenience.
Step inside to a bright, open-concept layout filled with natural light, thanks to all-new windows that instantly make the space feel warm and inviting. The thoughtfully designed split floor plan offers both comfort and privacy, ideal for everyday living or hosting guests with the benefit of separate living room and den spaces.
Every detail has been carefully upgraded, including:
Gorgeous LVP flooring throughout
Fresh interior and exterior paint
Whirlpool electric range
Sleek granite countertops
Single basin kitchen sink
Modern finishes that give the home a clean, move-in-ready feel
No HOA, giving you the freedom to park your boat, trailer, or toys right at home.
Location is everything, and this one delivers:
Just 2.6 miles to downtown and the public boat ramp
Only 4 miles to St. Andrews and the marina
A short 11-mile drive to the stunning Gulf Coast beaches. Application link in the agent comments.
#790044

Panama City

708 Cactus Avenue

3 Beds

1 Baths

1,308 Sq.Ft.

$1,600

MLS#: 790044

Situated on 2.5 expansive acres in desirable Southport, 8325 Resota Beach Dr offers endless potential with plenty of room to create your ideal homestead, investment property, or private retreat. This large 4-bedroom home also features valuable flex space perfect for a home office, playroom, guest area, or additional living space to fit your needs. The backyard features a 32x48 Pole barn with attached room and has electric & water already connected! With spacious interiors and a prime location near boat ramps, shopping, dining, and Panama City amenities, this property combines privacy with convenience. The bathroom has been gutted and is ready to be completed to your personal style, offering a great opportunity to add value and customize. With acreage, size, and versatility, this property is packed with possibilities for the right buyer.
#790035

Southport

8325 Resota Beach Road

4 Beds

2 Baths

1,976 Sq.Ft.

$238,000

MLS#: 790035

Motivated Seller! Experience refined coastal living in this stunning New Orleans French Quarter-inspired townhome, ideally located in the heart of Baytowne Wharf within the prestigious Sandestin Golf & Beach Resort. Perfectly positioned just steps from dining, entertainment, shopping, and nightlife, this
beautifully renovated end-unit offers the ultimate blend of elegance, comfort, and convenience. Completely reimagined down to the studs, the first two floors were fully renovated in 2021 with exceptional attention to detail. The designer kitchen features upgraded shaker cabinetry, quartz countertops, stainless steel appliances, and stylish finishes throughout. New flooring extends across the entire residence, complemented by thoughtfully selected lighting, furnishings, and wall-mounted TVs in every bedroom and living area. Offering multiple outdoor living spaces, the home features spacious covered patios on both the first and second floors, while the private third-floor primary suite boasts its own balcony retreat. The luxurious primary bath includes a jetted soaking tub and separate shower, creating a true spa-like experience. No detail was overlooked in this professionally curated remodel. Premium furnishings, artwork, and décor valued at over $50,000 may be negotiated separately, allowing for a turnkey luxury experience. Le Jardin uniquely offers both beach and bay access, making it one of the most desirable communities along the Emerald Coast.
#790028

Miramar Beach

9201 Market Street Inn 150

3 Beds

3 Baths

1,659 Sq.Ft.

$675,000

MLS#: 790028

One of the rare and coveted residences overlooking iconic Cerulean Park, this beautifully curated West Indies-style condo invites you to slow down and soak in the rhythm of WaterColor living. Perched above one of the community's most picturesque greenspaces, the second-floor location offers a daily front-row seat to the sounds of trickling fountains, the rustle of palms, and the soft glow of morning light filtering through oak trees. Whether you're enjoying coffee on the porch or unwinding in the evening with a chilled drink, the view of Cerulean Park becomes part of your everyday backdrop--calming, inspiring, and unmistakably WaterColor. Meticulously maintained and never part of a rental program, this two-bedroom, two-bath retreat reflects a high standard of care and a quiet pride of ownership. Offered fully furnished and thoughtfully designed, the interior blends warmth and comfort with polished details like hardwood and tile flooring, recessed lighting, and custom window treatments. The open-concept living area extends effortlessly onto a generous 364-square-foot screened-in porch, where the lines between indoors and outdoors disappear and life naturally slows to match the serenity of the setting.

Perfectly positioned in Phase I just steps from the WaterColor Beach Club, tennis center, and white-sand shores of the Gulf, this residence offers the ultimate in both convenience and charm. With timeless design, an unrivaled location, and a legacy of gentle use, this is a rare opportunity to own a home that truly captures the essence of 30A living.
#1003364

Santa Rosa Beach

27 W WaterColor Boulevard 201

2 Beds

2 Baths

1,478 Sq.Ft.

$1,650,000

MLS#: 1003364

Welcome to Blackwater Reserve brand NEW community featuring a beautiful Community Pool, Lazy River & Pickle Ball.  The ''WALKER'' model is a new floorplan, 9-foot ceilings, built-in lighting and a fabulous open layout for relaxed living, 3 bedrooms, 2 bathrooms, 2-car garage, & the 'Smart Home Connect' System with   convenient Smart Home devices you will love. Spacious Great Room & dining area is open to the kitchen & lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, & plush carpet in the bedrooms. No wasted space & a highly desirable floorplan. Striking Curb Appeal. ALL LISTING pictures, colors, features, and size may vary. Square footages are approximate.
#1003355

Milton

5410 Martingale Drive

3 Beds

2 Baths

1,631 Sq.Ft.

$314,900

MLS#: 1003355

Welcome to your ready-to-live-and-build dream property! This 3.44-acre corner tract has already been thoughtfully improved so you can move right in and immediately begin building your future home without the hassle, delays, or major upfront expenses. With paved road frontage on 2 paved roads, excellent accessibility, and utilities already in place, this property is truly set up and ready to go. A camper/RV is already on site and can be included with an acceptable offer, giving you an instant place to live while your dream home is being built. The property is fully equipped with a 2-bedroom septic system already installed, water tap paid for with water run to the property, and 200-amp electric service already in place with a power port on site. The seller even has two house plans available for buyers interested in getting a head start on construction. Additional improvements include a crushed concrete pad with a 20' x 40' RV cover, a lean-to, and a laundry/storage building complete with a propane tank that currently services the gas dryer. Everything has been designed for comfortable day-to-day living while you plan and build. The possibilities continue beyond the current setup. According to the gentleman who performed the soil site evaluation, there are multiple additional areas on the property that could potentially accommodate another septic system, making this an excellent opportunity for expansion, guest accommodations, or additional homesites. Come take a look!
#1003306

Crestview

4449 Yellow Bluff Road

None Beds

None Baths

3.44 acres

$150,000

MLS#: 1003306

Situated on a large corner lot on the South end of sought-after gated community of Frangista Beach, 143 Penelope St is a fully furnished beach home and includes a 6 seat golf cart and a proven rental history as well! The main level of the home features a large and open living room with lots of seating, spacious luxury kitchen with granite counters stainless steel appliances, and a breakfast bar, dining area, as well as a guest room and full bathroom. The second level of the home features three more bedrooms including the primary one, all with their own private full bathrooms. The fenced-in back yard features a comfy back porch that is perfect for evening relaxation and grilling. The community pool is just short walk or golf cart ride away. The Villas of Frangista Beach is conveniently located in the heart of Miramar Beach and offers easy access to everything this area is known for. Ride your golf cart to the beach, Silver Sands Outlets, The Destin Commons, or any of the many beach front restaurants including Whale's Tale, Pompano Joe's, The Crab Trap, Surf Hut, and more!  This home makes for the perfect primary home, vacation home, or rental property. Come take a look! Buyer to please verify all information contained herein.
#1003309

Miramar Beach

143 Penelope Street

4 Beds

4 Baths

2,295 Sq.Ft.

$949,900

MLS#: 1003309

Welcome to 3013 Crown Creek Circle, where comfort, style, and opportunity come together in one incredible home. This beautifully designed 4-bedroom, 2.5-bath property with a spacious 3-car garage is perfectly nestled within a highly sought-after Swim and Tennis community and now offers an incredible opportunity with a rare 2.75% VA assumable loan for qualified buyers. This immaculately maintained home offers the perfect blend of elegance, comfort, and everyday functionality with space designed for both entertaining and peaceful living. From the moment you step inside, you are welcomed by an expansive open split floor plan filled with natural light, soaring ceilings, crown molding, and beautiful LVP flooring flowing throughout the home. The heart of the home is the impressive chef's kitchen featuring an oversized granite island perfect for gathering, rich mocha cabinetry, recessed lighting, a spacious walk-in pantry, and a charming eat-in kitchen area complete with a wine bar that makes entertaining effortless.
Host memorable holiday dinners in the formal dining room or enjoy cozy evenings gathered around the kitchen sharing stories from the day. Every detail of this home was thoughtfully designed with both beauty and functionality in mind. The private primary suite feels like a retreat of its own, featuring elegant trey ceilings, his and hers walk-in closets, a gorgeous double vanity, relaxing garden tub, and an oversized multiple-head walk-in shower that creates a true spa-like experience at home. The additional bedrooms are thoughtfully located on the opposite side of the home, offering privacy and comfort for family members or guests, along with a spacious full bath and convenient half bath for visitors. Step outside to your fully privacy-fenced backyard where the covered patio and landscaped yard create the perfect setting for morning coffee, summer barbecues, or relaxing evenings under the stars. The oversized laundry room leads to the spacious three-car garage complete with custom shelving that conveys with the sale, offering incredible storage and organization.This home is more than just a place to live, it is a place to gather, celebrate, relax, and create lasting memories for years to come.
#1003331

Crestview

3013 Crown Creek Circle

4 Beds

2 Baths

2,368 Sq.Ft.

$370,000

MLS#: 1003331

COASTAL LIVING Welcome to this beautifully maintained single-level home located in the highly desirable Sea Hills neighborhood in the heart of Destin. Just minutes from the Destin Harbor, waterfront dining, shopping, entertainment, and the white sand beaches of the Emerald Coast, this spacious residence offers comfort, functionality, and exceptional outdoor living. This thoughtfully designed split floor plan features 4 bedrooms and 3 baths, including two primary suites with private en-suite baths, making it ideal for multi-generational living, guests, or a second-home retreat. Inside, you'll find fresh interior paint, crown molding, new lighting fixtures, a built-in desk and cabinetry, and a cozy natural gas fireplace that anchors the main living area. The spacious Florida room adds approximately 450 square feet of additional living space and overlooks the private backyard oasis. The kitchen is equipped with stainless steel appliances, granite countertops, sink 2026,  refrigerator 2026, and a dishwasher 2025. The home also features two jetted tubs, a walk-in shower, an on-demand hot water heater installed in 2022, central heat and air with HVAC replaced in 2019, and a whole-house Generac generator for added peace of mind. Hurricane shutters and a fully irrigated lawn further enhance the property's convenience and durability. Outdoor living shines with approximately 520 square feet of decking, outer deck lighting, and mature shrubbery providing exceptional privac and a fully fenced backyard with room for a future POOL addition. A gated boat pad offers secure storage for your boat or recreational vehicles. Perfect for enjoying the Destin lifestyle with easy access to the harbor and Gulf waters. With no HOA, abundant outdoor space, and a prime central Destin location, this move-in-ready property offers an outstanding opportunity as a primary residence, vacation home, or investment property. Only long-term rentals allowed--buyer to verify all information. Call listing agent Robin Payne to schedule a showing.
#1003008

Destin

628 Mountain Drive

4 Beds

3 Baths

2,550 Sq.Ft.

$509,000

MLS#: 1003008

Available June 9th.....Located in the heart of Crestview is this 4/2 floor plan on corner lot.  Recently renovated with over 1800 square feet of living space.  Open concept kitchen and living room area.  Corner lot with 2 car garage and easy commute to bases, beaches and shopping.  No inside smoking and no inside vaping.  Pets may be allowed with a $400 non-refundable pet fee.  Affordability and convenience.  Call today.
#1003299

Crestview

201 Amellia Place

4 Beds

2 Baths

1,836 Sq.Ft.

$1,495

MLS#: 1003299

Welcome to the much sought after charm of Point Washington!  This home is one block from the bay and public bay access; which is rarely used. This home is a single-level home, with a split bedroom plan and open living area.  The main bedroom has an ensuite with a separate water closet, walk-in shower, soaking tub, walk-in closet and door to the back porch, and more.  The kitchen has beautiful cherry cabinets, gorgeous granite countertops, farm-style sink, and stainless-steel appliances. The home features more storage than most homes, two linen closets, a nice sized coat closet, a large pantry, and an oversized garage. The flooring is engineered hickory hardwood, gorgeous! The screen-in back porch is literally the length of the home!  The yard is well kept and has a lovely hot tub for you to enjoy the stars at night.  Call for your private showing!
#1003362

Santa Rosa Beach

132 Chrysler Avenue

3 Beds

2 Baths

1,451 Sq.Ft.

$619,999

MLS#: 1003362

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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. © 2024. First Multiple Listing Service, Inc.
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