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Start 2026 with a strong, stabilized income property at 2605 Redwood Street, a well-maintained duplex consisting of two separate buildings, each featuring two apartments for a total of four units. This turnkey asset is fully leased and positioned to deliver immediate and reliable cash flow. The property offers a desirable unit mix of spacious 3-bedroom and 2-bedroom apartments, each with 1½ bathrooms. All apartments have been renovated with new kitchen, new flooring throughout, and Energy saving appliances. appealing to long-term tenants and supporting consistent occupancy. All apartments have been recently renovated. Recent capital improvements significantly enhance the property's value and reduce near-term maintenance, including brand-new flooring throughout, A/C unit is less than 4 years old, the roof was replaced in 2019, part of the siding on each building has been replaced, a newly installed septic tank. With all apartments currently rented, the property generates an estimated Net Operating Income of $70,000 annually, offering investors an attractive 7% cap rate. The combination of strong in-place income, recent upgrades, and minimal deferred maintenance makes this an ideal acquisition for investors seeking stable returns with limited operational risk. Whether you're expanding an existing portfolio or entering the multifamily market, 2605 Redwood Street represents a compelling opportunity to secure a high-performing asset in the new year. No signs on the property, please do not disturb tenants.
#785031

Panama City Beach

2605 Redwood Street

10 Beds

4 Baths

4,432 Sq.Ft.

$1,010,000

MLS#: 785031

Price reduced
Welcome to 17005 Guava Ave, a stunningly updated home nestled within the vibrant, ever-so-inviting Panama City Beach. Whether you're eyeing a second home, a vacation rental, or a primary residence, this property presents itself as a superb option in today's market. Property Overview Originally built in 1993 with an effective year of 2013, this home seamlessly blends classic charm with modern updates. It features 1,575 square feet of living space, thoughtfully designed to offer both comfort and flexibility. Enjoy the luxury of 3 bedrooms, complemented by an additional office that could easily serve as a 4th bedroom -- perfect for accommodating guests or creating a work-from-home sanctuary. Updated For Modern Living Step into a fully renovated kitchen boasting stainless steel appliances, granite countertops, and custom cabinets. The modern finishes continue in the master bath, expertly redesigned with a walk-in shower and a double vanity, a visual and practical delight. Fresh interior paint and new luxury vinyl plank flooring provide a chic and inviting atmosphere throughout. Recent additions like a new HVAC system ensure comfort year-round. Outdoor Oasis Outside, enjoy the serenity of a fenced backyard, ideal for family gatherings or simply winding down with a good book. A custom patio and bar area serve as the ultimate entertainment hub, surrounded by tasteful landscaping that enhances the home's relaxing vibes. Whether it's morning coffee or evening cocktails, your outdoor space is ready for every facet of Florida life. Location, Location, Location Situated a short walk or golf cart ride from the pristine beaches and within minutes to the lively Pier Park, this location offers the best of coastal living. Engage in all the action Panama City Beach has to offer, knowing your serene retreat is never far away. Market Insights While the market may be a touch slower as of late, this home distinguishes itself with its thoughtful renovations and ideal location. Compared favorably against other offerings, it stands as a smart choice for buyers seeking both investment potential and lifestyle enrichment. Don't miss the chance to take advantage of this remarkable opportunity. Ready to explore further? Reach out today!
#994908

Panama City Beach

17005 Guava Avenue

3 Beds

2 Baths

1,284 Sq.Ft.

$419,000

MLS#: 994908

**APPRAISED FOR $480,000 IN JANUARY** Located in Breakfast Point, one of Panama City Beach's most desirable golf cart-friendly communities, this meticulously maintained 2023 home offers modern design, privacy, and everyday convenience just minutes from the beach, Pier Park, and Frank Brown Park. Surrounded by wooded conservation land, the neighborhood feels peaceful and green, yet daily essentials - Publix, dining, shopping, top-rated schools, and services - are right outside the entrance. The owners have recently installed a Level 2 EV charger, making this home especially well-suited for today's lifestyle. Inside, 9-foot ceilings and an open-concept layout create a bright, connected main living space. Durable tile and engineered vinyl plank flooring span the first floor, balancing style with practicality. The kitchen anchors the home with a large island with seating, quartz countertops, stainless appliances, a farmhouse apron sink, and abundant white cabinetry, flowing seamlessly into the dining area and great room. Recessed lighting, modern fixtures, expansive windows, and 8-foot single-panel French doors fill the space with natural light and enhance the contemporary feel. The main-level bedroom retreat offers privacy and backyard views, featuring a spacious sleeping area and a well-appointed ensuite bath with marbled tile flooring, a dual granite vanity, tiled walk-in shower, and a large walk-in closet with built-in storage. Just outside, a covered patio with a natural gas stub makes outdoor entertaining easy. Upstairs, kids or guests enjoy their own space with three generously sized bedrooms, a full bath with granite-topped vanity and marbled tile tub/shower, and a sunlit loft with ceiling-height accent windows - ideal for a playroom, office, or lounge. Additional features include a tankless natural gas water heater, dual Ecobee smart thermostats, smart front door lock, dual HVAC systems, hurricane shutters, faux wood blinds, and durable board siding. A home designed for how people actually live, in a community that makes life in Panama City Beach easy and enjoyable. Schedule a private showing and experience Breakfast Point living for yourself!
#784988

Panama City Beach

833 Breakfast Point Boulevard

4 Beds

2 Baths

2,110 Sq.Ft.

$459,000

MLS#: 784988

Turn Key Vacation Rental! Welcome to 313 Laureno, Panama City Beach, FL - a remarkable opportunity to own a versatile property in the highly sought-after Laguna Beach community. This 1,320 square foot residence offers two spacious bedrooms and two well-appointed bathrooms, making it an ideal choice for a vacation rental, investment property, or primary residence. Located within walking distance to the pristine beaches of Panama City Beach, this home provides the perfect blend of convenience and coastal living. The property is situated in a golf cart-friendly community, enhancing the ease of access to local amenities and beachside attractions. This fully furnished, turn-key ready home ensures a seamless transition for its new owners. Every detail has been thoughtfully curated to provide a comfortable and stylish living environment. The open floor plan creates a welcoming atmosphere, perfect for entertaining guests or enjoying quiet evenings at home. The Laguna Beach area is renowned for its tranquil ambiance and picturesque surroundings, offering a serene retreat while still being close to the vibrant activities and dining options of Panama City Beach. Whether you are looking to generate rental income or seeking a permanent residence, 313 Laureno presents a unique investment opportunity in a desirable location. Do not miss the chance to own this exceptional property. Contact your favorite agent today to schedule a viewing and experience the charm and convenience of 313 Laureno for yourself.
#784980

Panama City Beach

313 Laureno Place

2 Beds

2 Baths

1,320 Sq.Ft.

$454,000

MLS#: 784980

Rare mixed-use opportunity in the heart of St. Andrews! This 3-bedroom, 2-bath home has been used as a commercial business, offering incredible flexibility for live/work or investment purposes. The bright, functional layout provides comfort for daily living while accommodating a home office, studio, or small business. Located in one of Panama City's most desirable neighborhoods, St. Andrews offers charm, character, and convenient access to local shops, dining, and the waterfront. Whether you're seeking a primary residence with income potential, a business-ready property, or a combination of both, 1819 Molitor Avenue delivers location, versatility, and opportunity all in one.
#785000

Panama City

1819 Molitor Avenue

3 Beds

2 Baths

2,043 Sq.Ft.

$250,000

MLS#: 785000

Welcome to 3519 Cottage Cove Lane at Sanctuary Beach in Panama City Beach, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property will be developed with the Norfolk floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes depending on the stage of construction. Estimated completion timelines and build details available upon request. This home features a grand entry with stairs leading to the second level bedrooms and a hall leading to the spacious downstairs living area. The foyer offers a coat closet and garage access just off the entry and a powder room. As you enter the open living area you will find an open kitchen with peninsula bar and space for bar seating. The dining area is spacious and looks over to the living area. The main living area serves as the heart of the home, as all bedrooms are on the second level. The stairs located off the foyer lead to a second level landing and hall with all bedrooms and a laundry area. The primary bedroom is located just off the landing and overlooks the back of the home. This space is the perfect retreat and has a large closet and private ensuite bathroom with a large soak tub and separate shower as well as a dual sink vanity. Leaving the primary bedroom, you will find two additional bedrooms that feature a Jack and Jill bathroom with separate single sink vanities and a shower tub combination. The additional bedrooms are spacious and feature large closets for storage. For more information on the Norfolk floor plan in Sanctuary Beach, contact a D.R. Horton Sales Representative.
#785018

Panama City Beach

3519 Cottage Cove Lane

3 Beds

2 Baths

1,765 Sq.Ft.

$440,950

MLS#: 785018

Welcome to 207 Blue Sage Road, nestled in the highly sought-after Panama City Beach, Florida. This stunning home exudes elegance, sophistication, and comfort from the moment you arrive. The impeccable curb appeal and charming exterior are sure to impress every guest. This beautifully maintained property features a 2023 roof, reflecting the meticulous care given to every detail of this home. Inside, a perfect blend of modern design and timeless elegance awaits you. The spacious living area is bathed in natural light, creating an inviting and airy atmosphere. The kitchen is a true masterpiece, equipped with modern, efficient appliances including a new dishwasher and a convenient trash compactor. Designed for both style and functionality, it adds a touch of contemporary comfort to your daily life. The bathrooms have been recently upgraded with new shower doors, providing a spa-like experience in the comfort of your own home. They are the epitome of luxury and style. One of the standout features of this home is the absence of carpeting, making maintenance and cleaning a breeze for living at the beach in this golf cart friendly neighborhood. Every aspect of this property has been carefully curated and exquisitely designed to offer a blend of luxury and comfort. 207 Blue Sage Road is more than just a house; it's a lifestyle. Experience contemporary living that harmonizes style, elegance, and functionality.
#785011

Panama City Beach

207 Blue Sage Road

3 Beds

2 Baths

1,616 Sq.Ft.

$495,000

MLS#: 785011

Welcome to the Alabaster a new home floorplan located at Buffer Farms in Port Saint Joe, FL. The Alabaster is a masterfully designed single-family residence with four bedrooms and three and a half bathrooms. This home offers a perfect blend of elegance and relaxation, ideally suited for those in search of an exquisite second home or a serene vacation retreat. Spanning two captivating stories, this home boasts 4 generously sized bedrooms, 3.5 well-appointed bathrooms, and the convenience of a single car garage. As you step through the inviting covered entry you enter a graceful foyer that flows seamlessly into an elegant dining area, setting the stage for memorable family gatherings. The heart of the Alabaster features an open-concept kitchen and family room, where a spacious center island, ample pantry, and abundant cabinetry invite culinary exploration and effortless entertaining. Granite countertops, stainless-steel appliances, and EVP flooring accentuate this home beautifully making you feel right at home. Tranquility defines the main-level primary suite, complete with a luxe ensuite bath featuring a dual sink vanity, an oversized shower, and a spacious walk-in closet. Venture upstairs to discover a versatile living space that is ideal for media enjoyment or as an additional lounge space—centrally located by three additional bedrooms. Each additional bedroom has been designed with spacious closets and two share a bath while the fourth bedroom has a private ensuite bathroom. Each bathroom is also equipped with granite countertops and white cabinetry throughout the home. On the outside of the home, you will see beautiful Hardie board siding, a covered rear patio area, and spacious yards to enjoy those unbeatable Florida sunsets. The Alabaster is an exciting addition to the lineup of homes at Buffer Farms. Schedule a tour to see this beautiful home today!
#785019

Port St Joe

716 Norris Drive

4 Beds

3 Baths

2,245 Sq.Ft.

$354,900

MLS#: 785019

This property boasts three bedrooms and 2.5 well-appointed bathrooms and is designed with your comfort in mind, featuring ceiling fans for those warm Florida days, a large master closet for all your storage needs, and recessed lighting for a modern touch! The covered front entry leads you into a welcoming space, while the back patio offers a perfect spot for outdoor relaxation. The partially fenced shared backyard provides a great area for socializing and enjoying the Florida sunshine. The home also includes a one-car/utility garage for added convenience! Its prime location offers easy access to shopping, dining, and Tyndall AFB, making it a perfect choice for those seeking a blend of comfort and convenience. Experience the best of Panama City living in this great townhome! ---------------------------------------------------------------------- *Garbage Service & Lawncare Included!* *NO PETS* *Limited Parking: 2 Vehicles/Unit* *Owner will consider Section 8*
#785013

Panama City

7009 Edwardian Court

3 Beds

2 Baths

1,336 Sq.Ft.

$1,650

MLS#: 785013

No HOA - Short-Term Rental Allowed - Renovation Potential Opportunity for Buyers and Investors! This updated 3-bed, 2-bath home on Panama City Beach's West End is just minutes from Lake Powell and the beach. Featuring updated flooring, new HVAC unit, new glass sliding side entrance door, a new renovated bathroom, and fresh paint inside and out. With three entrances, a landscaped yard. This home is perfect for full-time living, second vacation beach home or as a short-term rental. Don't miss out—call me to schedule a showing today!
#778801

Panama City Beach

609 Sea Breeze Drive

3 Beds

2 Baths

1,046 Sq.Ft.

$265,000

MLS#: 778801

Great Investment Opportunity in the heart of Graceville! Located at 987 7th Avenue, this charming 3-bedroom, 3-bath home, originally built in 1945, offers character, space, and plenty of potential. Situated in town for convenient access to local amenities, the property features a 2-car carport and a flexible floor plan that includes an additional living space which could easily be converted into a fourth bedroom, home office, or bonus room. With some TLC and vision, this historic home could be restored to its former glory and transformed into a wonderful residence or income-producing investment. Whether you're looking to renovate, rent, or personalize, this property presents a great opportunity to bring new life to a classic Graceville home.
#785016

Graceville

987 7th Avenue

3 Beds

3 Baths

2,111 Sq.Ft.

$99,900

MLS#: 785016

Welcome to 2236 Shenandoah Boulevard at Sunny Hills in Chipley, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property will be developed with the Poppy floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes depending on the stage of construction. Estimated completion timelines and build details available upon request. The Poppy is a thoughtfully designed single-story home featuring three bedrooms and two bathrooms, offering an ideal layout for modern living. From the moment you step inside, a long, welcoming foyer creates a sense of privacy and flow, leading guests seamlessly into the heart of the home. At the center of the Poppy is a bright open-concept living area that connects the kitchen, dining, and living spaces—perfect for everyday living and entertaining. The kitchen features a spacious island, ideal for casual meals, meal prep, or gathering with family and friends. A rear kitchen counter with a built-in stove and overhead microwave keeps the workspace efficient while maintaining a clean, streamlined look. Just off the kitchen, the laundry room is conveniently located, providing easy access without interrupting the main living areas. Two secondary bedrooms are positioned near a shared full bathroom, making them perfect for guests, children, or a home office. Tucked away for privacy, the primary suite offers a relaxing retreat at the end of the day. The spacious bedroom includes walk-in closets and an ensuite bathroom designed for comfort, featuring a walk-in shower for a modern, low-maintenance lifestyle. With its functional layout, open design, and smart use of space, the Poppy floor plan is ideal for homeowners seeking a comfortable, stylish, and efficient new construction home. Contact a D.R. Horton Sales Representative for more information about this floorplan
#784991

Chipley

2236 Shenandoah Boulevard

3 Beds

2 Baths

1,281 Sq.Ft.

$204,900

MLS#: 784991

Prime Turnkey Coastal Gem in Panama City Beach - Ideal for Beach Living or Short-Term Rental Income. Discover this immaculate, like-new 3-bedroom, 2-bathroom coastal retreat at 21408 Palm Ave, Panama City Beach, FL 32413. Built in 2018 and meticulously maintained by its original owner, this 1,824 sq. ft. single-family residence showcases modern coastal charm with NO HOA fees and vacation rental zoning, making it an exceptional opportunity for income generation or effortless coastal living as a primary or second home. Step inside to an inviting open-concept floor plan highlighted by vaulted ceilings, abundant natural light, and thoughtfully designed living spaces. The spacious living room flows seamlessly into a formal dining area and a versatile bonus flex space, ideal for a home office, media room, or additional guest accommodations. The well-appointed kitchen serves as the heart of the home, featuring quartz countertops, stainless LG appliances, ample cabinetry, and a layout designed for both entertaining and everyday living. French doors from both the living area and the private primary suite open to a tranquil outdoor patio, perfect for morning coffee, evening breezes, or relaxed gatherings after a day at the beach. Turnkey, stylish, and ideally located in desirable West Panama City Beach, this property delivers the rare combination of modern construction, rental flexibility, and low-maintenance coastal living, a true standout in today's market.
#784992

Panama City Beach

21408 Palm Avenue

3 Beds

2 Baths

1,824 Sq.Ft.

$649,000

MLS#: 784992

Welcome to 3566 Sanctuary Drive at Sanctuary Beach in Panama City Beach, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property will be developed with the Alabaster floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes depending on the stage of construction. Estimated completion timelines and build details available upon request. The Alabaster is a masterfully designed single-family residence with four bedrooms and three and a half bathrooms. This home offers a perfect blend of elegance and modern design, ideally suited for those in search of an exquisite second home or a serene vacation retreat. Spanning two stories, this home boasts four generously sized bedrooms, 3.5 well-appointed bathrooms, and a single car garage. The entry to this home features a graceful foyer that flows seamlessly into an elegant dining area, setting the stage for memorable family gatherings. The living area serves as the heart of the home where the spacious kitchen opens to the living and dining areas. Features include a center island with quartz countertops and beautiful white cabinetry and stainless appliances including a smooth top stove, microwave and dishwasher. The main level has EVP flooring throughout creating a seamless transition between rooms. The primary bedroom is conveniently located on the main level has an ensuite bath with a dual sink vanity, a shower, and a walk-in closet. The main level also has a half bath and laundry room. Venture upstairs to discover an additional living space that is flanked by three additional bedrooms. Each bedroom has been designed with spacious closets and two share a bath while the fourth bedroom has a private ensuite bathroom. For more details on this home, reach out to a D.R. Horton sales representative today. Images are of an Alabaster model home and may include custom design features not available in other homes. Furnishings and decorative items are not included with home purchase.
#785021

Panama City Beach

3566 Sanctuary Drive

4 Beds

3 Baths

2,245 Sq.Ft.

$545,899

MLS#: 785021

Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003
#785006

Panama City

436 Harrison Avenue 400

None Beds

None Baths

26,400 Sq.Ft.

$1,100,000

MLS#: 785006

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