Multi-family houses For Sale in Panama City, FL

Discover an exceptional investment opportunity with this brand-new duplex, ideally located at 2328 E 19th Place in Panama City, FL. Each side of this modern...

Spacious 4-bed, 3-bath multifamily home in Panama City with in-law quarters. Perfect for families or investors seeking additional income. No HOA. Large lot. Close to Hwy 98, shopping, and dining.

Great mixed use property. This is currently a salon and will convey all salon furniture but would make a great office for a lawyer, accountant,...

Development parcel with ~650' frontage on Frankford Ave and ~300' on Airport Rd. Zoned R-1, but seller will cooperate with rezoning for mixed use. Adjacent to Sweet Bay Development (approx 1260' shared border). Access from both Frankford Ave and Airport Rd. Ideal for developers seeking mixed-use opportunities.

High-traffic corner lot (2.24 acres) in Panama City's central area, ideal for most businesses. General Commercial C3 zoning. Easy access from Hwy 98 and East Ave. Existing storage building. Benefits from Tyndall AFB expansion.

Great building lot with commercial potential near Sweet Bay. Recently cleared and ready to build, with 2 points of access from 30th St and Airport Rd. All measurements are approximate.

Beautiful 0.90 acre lot with C-2 zoning, offering numerous possibilities. Centrally located in Panama City with easy access to Hwy 390, 23rd Street, shopping, St. Andrews, schools, and boat ramps. Owner financing considered for qualified buyers.

High-traffic commercial parcel on Hwy 98, perfect for restaurants, retail, or auto repair. C-2 zoning allows for diverse business uses. Excellent visibility and access.

High-traffic commercial corner lot in Panama City's Central Millville Business District. Zoned GC-2, allowing diverse commercial uses. Excellent visibility and accessibility. Ideal for businesses seeking high exposure.

4.4-acre commercial lot near Panama City. Highway 231 access. Ideal for new business development. Plans available.

Completely remodeled 3 bed, 2 bath home with new appliances, HVAC, roof, and LVP flooring. Large corner fenced yard. Centrally located near downtown Panama City and Tyndall AFB. Seller contribution available!

High-traffic commercial lot (0.238 acres) on 15th Street, ideal for development. 80ft frontage, 130ft deep. Completely vacant and ready for construction.

Two large adjacent lots ideal for business, centrally located and easily accessible off 15th Street. Mixed-use zoning offers versatile options. Wooded area, not in a flood zone. A great opportunity!

1.67-acre pristine property on St. Andrew's Bay, offering 132ft of bay frontage. Zoned GC-2, ideal for hotel, multi-family, condo, restaurant, retail, or mixed-use development. Enjoy breathtaking bay and Gulf views.

Charming Old St Andrews bungalow with original hardwood floors, soaring ceilings, and a secret staircase. Features an artist's workshop, extra storage, and an oversized 2-car garage. Perfect for those seeking a unique home with character and potential.

Luxury townhouse near St. Andrews Marina. Features kitchen, dining, living room, half bath, heated/cooled garage, and no-maintenance backyard. Perfect for those seeking downtown convenience with peace and quiet. No HOA.

Wooded 7+ acre property on a well-traveled road, suitable for rezoning and development as a small strip mall or similar. Irregular shape includes the Lot on E 13 Court. Consult local government for building requirements.

50-unit townhome development in Panama City, Florida. Each 1,300 sq ft unit features 3 bedrooms, 2.5 baths, and a garage. Prime location near SweetBay's marina and future marketplace. Excellent investment opportunity.

Build your dream home in this established neighborhood! This quiet cul-de-sac location boasts amazing homes and no HOA. Dimensions are approximate; verify if important.

Great 3 bed, 2 bath home in Panama City! New roof (2018), fresh interior paint (2020), wood laminate & tile floors, large fireplace, 2 storage buildings, fenced yard. Convenient 23rd St location. Schedule a viewing today!

0.35-acre lot with 50ft frontage on N Palo Alto. MU-2 zoning allows versatile use. Near schools, Ascension Sacred Heart Bay, shopping, and dining. Great development opportunity!

4.7-acre cleared lot, approved for 40 townhouses. Mixed-Use zoning allows various uses. Mitigation permit & development order in place. Ready for construction. Ideal for developers.

Beautifully renovated 3-bedroom, 2-bath home on a 1/3-acre lot. Updated bathrooms, stainless steel appliances, and a spacious master bedroom. Perfect for those seeking modern comfort and peaceful living.

Waterfront Bayou property zoned industrial, with potential for rezoning. Two parcels (100 & 200 Sherman Ave) sold together; great development opportunity. Dimensions are approximate.

Motivated seller! Centrally located 3 bed, 2 bath home with many upgrades. Features include a huge 3-sided garage, covered porch, metal roof, irrigation well, tankless water heater, generator, outdoor pet tub, privacy fence, stainless appliances, marble flooring, quartz countertops, and more!

Popular Cove area Massalina Bayou waterfront lot. Deep wooded lot offers privacy. Build your dream home!

Two parcels totaling 0.53 acres available. High visibility on a busy Panama City street with 165' of frontage. Ideal for development.

Superb 23rd street location with high traffic. Ready-to-build land, ideal for office or retail. Seller may divide parcel. Verify measurements.

Commercial lot zoned DTD, perfect for restaurants, retail, multifamily residences, or professional offices. High potential for business or development. Inquire for details!

Charming 4 bed, 3.5 bath home in Bunkers Cove. Completely renovated with custom high-end finishes, open concept layout, 2 primary suites, in-ground pool, RV hookups, and 2-car detached garage. Perfect for families or professionals seeking a tranquil retreat.

Charming brick cottage with open concept living, gourmet kitchen, bonus room, and fenced backyard. Close to bases, hospitals, and beaches. New roof, HVAC, solar panels, and ADT security system included. No HOA fees or flood insurance required. Perfect for families or those seeking convenience and coastal living.

Two adjacent undeveloped residential lots on Airport Rd, near 23rd St, Sam's Club & Hwy 390. Owner financing available.

Seller assists with closing costs! This centrally located Panama City home boasts a living room, dining room, kitchen, 2 bedrooms, and 1 bath. Situated on a large lot, it offers convenient access to amenities and features a recent appraisal.

Two vacant corner lots ideal for apartments, duplexes, medical facilities, or professional offices. High visibility on Jenks Ave, zoned mixed-use. Great development opportunity.

Large home in The Cove, near downtown and St. Andrews. Features a 1-bedroom apartment, offering rental income potential. Sold as-is; ideal for investors or DIY enthusiasts seeking a fixer-upper with significant upside.

Rustic waterfront home on .6 acres with boathouse, boat lift, & solar panels. Master suite & 2 bedrooms with Jack & Jill bath. Game room with pool table. Furnished & ready for Airbnb!

Concrete home, 180 mph wind-rated, EPS foam, galvanized steel construction. Energy-efficient, easy to maintain. 90-day build time. 95% financing available.

Centrally located wooded lot (50x138 ft) zoned MU-2 for mixed use, situated near Ascension Sacred Heart Bay. Opportunity Zone designation offers added investment benefits. Ideal for development or investment.

Multi-family zoning! This large parcel features the original Panama City Fire House & a remodeled 3/2 home. Excellent investment opportunity for a family compound or rental units. BUYER TO VERIFY ALL INFORMATION.

Commercial lot on 11th St, a main corridor. High visibility. Buyer to verify allowable uses and setbacks.