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Exceptional Investment Opportunity in Prime Beachfront Location This commercial property, strategically zoned for high-intensity development, presents a rare chance to own a substantial parcel of land exceeding half an acre, situated directly across from the stunning beaches and the Gulf of Emerald Coast. The income-producing 11-unit inn, fully furnished and impeccably maintained, offers a unique opportunity for immediate cash flow and potential for expansion to 14 units, capitalizing on the area's high demand for accommodations. The property's expansive lot provides a canvas for redevelopment, allowing investors to explore various scenarios, including single-family residences, multi-family units, or a mix of both, thereby maximizing the potential for returns on investment. With its prime location and versatile zoning, this property is an investor's dream, offering endless possibilities for creative development and revenue generation. The property offers convenient beach Access, Providing an exceptional lifestyle. Its prime location give you easy access to a wide range of activities and amenities, all within walking distance. Enjoy swimming, sunbathing, and water sports on the pristine beaches, or explore the nearby parks and fresh water springs. The area is also known for its vibrant events calendar, featuring live music, festivals, and cultural events that attract tourists and locals alike. Studio units in Panama City Beach have consistently demonstrated exceptional performance, boasting some of the highest income potential and capitalization rates in the market. With its high tourist turnover and strong demand for short-term rentals, this property is poised to deliver significant returns on investment, making it an attractive opportunity for savvy investors seeking to capitalize on the area's growing popularity. This exceptional investment opportunity is not to be missed. Contact your preferred real estate agent today to schedule a tour and explore the vast potential of this remarkable property. We kindly request that guests not be disturbed. With its unparalleled location, income-generating potential, and endless possibilities for development, this property is sure to be a crown jewel in any investor's portfolio. Buyer to verify all information deemed important.
#771996

Panama City

8614 Surf Drive

None Beds

None Baths

7,723 Sq.Ft.

$4,000,000

MLS#: 771996

2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070). The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
#787317

Panama City

2420 Jenks Avenue

None Beds

None Baths

22,000 Sq.Ft.

$4,000,000

MLS#: 787317

Entered for Comp Purposes
#713229

Panama City Beach

390 Beachside Drive

None Beds

None Baths

0.45 acres

$4,000,000

MLS#: 713229

+/- 80 acres with over 2,200ft of waterfront on East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base—the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.
#773120

Panama City

00 Highway 2297

None Beds

None Baths

N/A

$4,000,000

MLS#: 773120

Entered for comp purposes.
#894731

Santa Rosa Beach

4256 E Co Highway 30-A UNIT C

5 Beds

4 Baths

2,582 Sq.Ft.

$4,000,000

MLS#: 894731

Great Income producing property with a great location.
#646322

Panama City Beach

11004 FRONT BEACH

None Beds

None Baths

55,656 Sq.Ft.

$4,000,000

MLS#: 646322

400 ft. of pristine GULF FRONT commercial property. Parcel is 150ft. deep. This property is zoned Seasonal Resort 2. Please see attachment for Bay County Land Development Regulations for allowable uses. This property can accomodate many possibilities from low rise to high rise condos and or multi family units, motel/hotel developments or 10-12 single family homesites. Let your imagination become a reality. Call to discuss.
#620753

Panama City Beach

8319 Surf Drive

None Beds

None Baths

N/A

$4,000,000

MLS#: 620753

None
#916708

Santa Rosa Beach

175 White Cliffs Boulevard

5 Beds

4 Baths

4,107 Sq.Ft.

$4,000,000

MLS#: 916708

Lot 1 Lupin Beach Drive will soon be home to an exquisite four-bedroom, four-and-two-half-bath residence, artfully designed spanning 3,795 square feet of refined living space. The exterior is elegantly framed in timeless whites, champagnes and grays tones. The home's distinguished design features stone pavers that seamlessly blend with the gritstone wood flooring, brushed and polished nickel fixtures and white oak cabinetry within. A two-car garage adds convenience. The kitchen is a culinary masterpiece, adorned with quartz countertops and Sub-Zero appliances, including a gas range, under-counter ice maker and cabinetry-style refrigerator and dishwasher. The bathrooms exude luxury with marble countertops and mosaic tile showers, highlighted by a freestanding bathtub in the primary suite. Entertaining is elevated on the third floor with a bar complete with an under-counter ice maker and wine refrigerator. Outdoors, the summer kitchen is a chef's delight, featuring a 36-inch Wolf grill and Sub-Zero under-counter ice maker and refrigerator, perfect for enjoying the coastal lifestyle. Lot 1 Lupin Beach is currently under construction with a scheduled completion date by 10/30/2024. Photos are a representation of similar finishes used in the completion of homes in the community.
#958615

Inlet Beach

Lot 1 Lupin Beach Drive

4 Beds

4 Baths

3,795 Sq.Ft.

$4,000,000

MLS#: 958615

9 acre Mobile Home Park, 23 lots leased at $450 each monthly, 4 owned mobile homes leased at $3500 a month and 60 available mobile home lots available for sale
#941853

Panama City

2300 Sherman Avenue

None Beds

None Baths

N/A

$4,000,000

MLS#: 941853

Introducing an exceptional opportunity to own a prime piece of real estate in the rapidly growing city of Freeport, Florida. This expansive 11.44-acre property, consisting of two combined parcels, is ideally situated along US Highway 331 and is zoned R-3 for multi-family use. The property comes with a Development Order (D.O.) approved for 128 apartment units, along with building plans and surveys offering a rare, shovel-ready opportunity ideal for developers and investors alike. The location provides excellent visibility and accessibility along the bustling US Hwy 331 corridor, surrounded by a mix of residential and commercial growth. Just minutes from downtown Freeport, local schools, shopping, and essential services, the property is also within easy reach of the beautiful Beaches of South Walton, Interstate 10, and Highway 98. This is a prime development opportunity in one of Walton County's fastest-growing markets, where the demand for quality multi-family housing continues to rise. Inquire today to learn more. Buyer to verify all information deemed important.
#989106

Freeport

14874 US-331 BUS

None Beds

None Baths

11.44 acres

$4,000,000

MLS#: 989106

Short term rental powerhouse featuring a brand new 2025 oceanview home with 'crows nest' rooftop deck, private heated pool, and massive 24 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Only a 5-minute walk (0.25 miles) to public beach access ensures high occupancy. Includes a free six-seater golf cart and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Most recent appraisal and inspections are included in the documents section of this listing. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). The seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing
#998074

Santa Rosa Beach

59 Marthas Lane

10 Beds

8 Baths

4,386 Sq.Ft.

$4,000,000

MLS#: 998074

One of a kind gulf front penthouse on 30A with unobstructed views from Destin to Panama City Beach! The private rooftop terrace has a fireplace, pergola, pool deck, and heated plunge pool with amazing views of the Gulf! Unit offers two dedicated indoor parking spaces and a storage unit. This low density building only consists of 14 units and features a community pool, spa and fitness center. Wonderful opportunity to build out this shell penthouse unit into your own luxury retreat. The original floor plan allows up to 4 bedrooms and 4 baths but this 3416 sqft unit could be built out to your own customized penthouse!
#866884

Santa Rosa Beach

4463 W County Highway 30A UNIT 600

4 Beds

4 Baths

3,416 Sq.Ft.

$4,000,000

MLS#: 866884

Private beach ownership in Blue Mountain Beach!! Located in the gated community of Sunrise Beach, just a short walk to Gulf Place, Shunk Gulley, Growler Garage, Perfect Pig, Sunrise Coffee, and more. This renovated home is offered fully furnished and features a gourmet kitchen, carriage house, large deck overlooking the gulf of Mexico, hot tub, 2 garages, and much much more. This property would be a wonderful primary residence, second home, or vacation rental. Call today to arrange your private showing!
#854257

Santa Rosa Beach

157 Seaward Drive

4 Beds

5 Baths

3,618 Sq.Ft.

$4,000,000

MLS#: 854257

Originally built in 1999 and extensively remodeled in 2016, including a first floor primary bedroom and bath addition, this stunning home offers a relaxing coastal retreat in the heart of Rosemary Beach. The carriage house, with full kitchen and separate bedroom was also built in 2016, along with the private pool. Perfect for full time living, a second home (it has been both since newly built) or a vacation rental with rental projections of over $261K. The large, chef's kitchen provides plenty of space for multiple cooks and helpers - subzero refrigerator is just a few years old. Thoughtfully designed, the primary, first floor bedroom has a large walk-in closet with built ins and an ensuite bath with double vanity and a separate shower and soaking tub. Custom built bunks are outfitted in one of the upstairs bedrooms, also with a private, ensuite bath. The second upstairs bedroom could also be used as a second, primary bedroom. Both upstairs rooms open onto an expansive balcony overlooking the luxurious courtyard below. The carriage house is self sufficient with a full kitchen and a separate bedroom with barn doors to close it off from the living space. Sold furnished with minor exclusions. Information in listing is deemed accurate but buyer to verify.
#899615

Rosemary Beach

57 Dunmore Town Lane

4 Beds

4 Baths

2,579 Sq.Ft.

$4,000,000

MLS#: 899615

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