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$387,500
1 Baths 754954 MLS
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors will feature distinctive industrial-style residential lofts, thoughtfully designed for both investors and those seeking upscale downtown living. Each residence showcases nearly 12-foot ceilings, polished concrete floors, and open, contemporary layouts that highlight the authentic character of loft-style spaces. Construction is currently underway, offering a rare opportunity to secure a residence in one of the area's most exciting revitalization projects, with an anticipated completion in April 2026. Step outside and enjoy immediate access to the vibrant atmosphere of Harrison Avenue, where boutique shops, art galleries, coffee houses, breweries, and entertainment venues create a dynamic downtown experience just steps from your door. Blending timeless architecture with modern design and community-centered living, The Mashburn Building is poised to become one of Downtown Panama City's most sought-after addresses. Reserve your loft today. *Disclaimer:* The renderings provided are for illustrative purposes only and may not represent the final product. Certain features, finishes, and details shown may include optional upgrades that are not included in the standard offering. Actual specifications, materials, and layouts may vary. Please consult with the builder or sales representative for complete details regarding available options and standard features.

436 Harrison Avenue Unit 15, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$198,900
3 Beds 2 Baths 763199 MLS
Charming Brick Ranch in the Heart of Altha! Ideally situated on a prominent corner lot directly across from Altha School, this well-maintained brick ranch (new carpet, new paint) offers convenience, versatility, and small-town charm. Its prime location makes it an excellent choice for families, with the school just steps away, and for those commuting to Calhoun Liberty Hospital in Blountstown. Previously operated as a daycare, the property may offer potential for future childcare or other approved uses, subject to zoning and local regulations. Step outside to enjoy the spacious rear deck, perfect for grilling, entertaining, or relaxing, while the chain-link fenced backyard provides a secure area for pets or play. Conveniently located less than 20 minutes from Interstate 10, Walmart, Lowe's, and other shopping and dining amenities, this property combines peaceful living with easy access to everyday necessities. Whether you're searching for a family home, an investment opportunity, or a property with flexible possibilities, this Altha gem is ready for your vision. Schedule your showing today!

25676 Evans Street, Altha

Listing courtesy of American Gold Realty.

$325,000
764111 MLS
Property Type: Commercial Office Location: 1148 Jenks Ave, Panama City, FL 32401 Square Footage: 1900 Zoning: Commercial Income-Producing: Yes Offices: 6 Bathrooms: 2 This prime commercial office space located in the heart of Panama City presents a fantastic investment opportunity. Positioned at 1148 Jenks Ave, this property is not only well-maintained but is also income-producing, with established tenants providing consistent cash flow. Property Features: Spacious office layout designed for a variety of professional uses Ample on-site parking available for both tenants and clients Convenient access to major roads and downtown Panama City Attractive, well-maintained exterior and professional curb appeal Investment Highlights: Income-Producing: Leased by reliable tenants, this property offers an immediate revenue stream. Prime Location: Centrally located in Panama City's business district, making it desirable for current and future tenants. Growth Potential: As the city continues to expand and develop, the value of this property is poised for appreciation, offering long-term investment potential. This commercial office building is an excellent turnkey investment for anyone looking to add a hassle-free, income-generating property to their portfolio. Don't miss out on this opportunity to own a valuable piece of real estate in Panama City's growing market!

1148 Jenks Avenue, Panama City

Listing courtesy of Hitchcock Real Estate LLC.

$185,000
777858 MLS
This prime commercial offering is located at the high-traffic, signalized intersection of Panama City Beach Parkway and Clara Avenue, with +/-51,000 vehicles per day (AADT). Positioned on the northwest corner, the site features approximately 360.89 feet of frontage and 273.99 feet of depth, offering outstanding visibility, access, and development potential. Surrounded by a dense residential base of approximately 1,400 single-family and multifamily units, the property is ideally suited for hotels, quick-service restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market's most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe's, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton's Pirates Voyage Dinner & Show further enhance the area's year-round draw for both tourists and residents. Panama City Beach, situated along Florida's scenic Gulf Coast, is a dynamic and fast-growing market that welcomes over 17 million visitors annually. Long recognized for its tourism-driven economy, the city is evolving into a more diversified regional hub with increasing residential growth, healthcare expansion, and infrastructure investment. Planned communities like Breakfast Point and major developments by The St. Joe Company have contributed to a rising year-round population and heightened demand for supporting services and retail. Infrastructure enhancements, including upgrades to Northwest Florida Beaches International Airport and improved transportation corridors, continue to fuel the area's momentum. With strong consumer demand, a robust tourism base, and growing economic diversification, Panama City Beach stands out as one of the most active and opportunity-rich markets in Northwest Florida. Signalized Intersection Site Dimensions: 18,883.17' of frontage and +/-273.99' to +/-400.11' of depth Hard Corner Site Available - NWC of Clara Ave. Restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market's most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe's, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton's Pirates Voyage Dinner & Show further enhance the area's year-round draw for both tourists and residents. C-Store Committed to NEC of Clara Ave. +/- 51,000 AADT on Panama City Beach Pkwy Strong Surrounding Residential Density: +/-1,400 single-family and multifamily units directly adjacent Proximity to Key Retail and Employment Hubs:  • 1.5 miles east of Breakfast Point Marketplace (Publix, Starbucks, Lowe's, CVS, Home Depot, Chick-fil-A, and more)  • 2 miles west of Pier Park - Panama City Beach's premier lifestyle center with 120+ stores and restaurants, including Walmart, Dick's Sporting Goods, and The Fresh Market Ideal Uses: Hotels, QSRs, Banks, Urgent Care Centers, and Other Retail Nearby Attractions: Topgolf, Shell Point Surf Park, and Dolly Parton's Pirates Voyage Dinner & Show, Shipwreck Island

12724 Panama City Beach Parkway, Panama City Beach

Listing courtesy of NAI TALCOR.

$745,000
5 Beds 5 Baths 770163 MLS
MOVE IN READY - CONSTRUCTION COMPLETE & BUILDER IS OFFERING $12K IN FLEX CASH!! Welcome to The Shoal, a thoughtfully designed new neighborhood where tranquility meets convenience. Nestled along the edge of the expansive Point Washington State Park, this intimate community offers 30 carefully planned homesites, each providing a sense of privacy and a seamless connection to nature. Ideally located just a short drive from Seaside, Grayton Beach, and scenic Highway 30A, The Shoal offers residents the perfect balance of peaceful surroundings and easy access to the area's most beloved coastal destinations. Homes in The Shoal are crafted to complement the natural beauty of the area, featuring earthy tones, a serene community pond, and the unique benefit of half the lots backing directly onto state park land. The Chopin floor plan boasts 5 bedrooms and 4.5 bathrooms, with an open-concept living space on the main level and a spacious upstairs loft, ideal for a media room, play area, or second living space. Each home includes high-end standard features such as durable metal roofs, impact-rated windows and doors, quartz countertops, luxury vinyl plank flooring throughout all common areas and bedrooms, 8 ft. interior doors, and a gas range with a vented hood in the kitchen. Homebuyers also have the opportunity to personalize their new home by selecting finishes and upgrades during a dedicated design appointment. With its unbeatable location, natural surroundings, and thoughtfully designed homes, The Shoal offers a rare opportunity to experience the best of life in Santa Rosa Beach. **Prices may vary based on upgrades and lot selection. This listing shows the base price of this home. Photos are not of this exact home. Home does not come furnished.**

162 Channel Shoal Drive Unit Lot 2, Santa Rosa Beach

Listing courtesy of EXP Realty LLC.

$1,825,000
774170 MLS
4.5+/- acres available. This listing is for two parcels- 14605-000-000 and 14606-000-000. Zoned C3-A which is very flexible zoning and provides opportunity for investment and financial gain. C3-A Zoning encompasses all the uses of C1 and C2 which include (but are not limited to): Retail, Transportation, Warehouses, even Waste Management (the only type of warehousing not allowed is refrigeration products and like-kind refrigeration storage), maximum building height allowed is 100 feet. See photos for diagram of the types of warehouses. Four (4) 9100 square foot warehouses, and One (1) 7215 warehouse. 43,615 total square feet for warehouses. Ample room for driveways, water retention, and parking. There is a 2186 square foot home that can be remodeled (for renting or use it as a home for management or property oversight) or demolished to provide more room for parking and/or an additional warehouse. There is an option to demolish the current granite retail store fronting 15th Street, or convert it to your own retail space. You can even utilize the retail space as a check-in for management if you decide to build a storage facility. The Boot Store was sold and is not included in the 4.5+/- acres. Setbacks are: 25 feet off 15th Street and 5 feet off the sides. Commercial properties are to the east and west of this property.

2515 E 15th Street, Panama City

Listing courtesy of Keller Williams Realty Emerald.

$3,725,000
6 Beds 8 Baths 771613 MLS
MASSIVE PRICE REDUCTION, HIGHLY MOTIVATED SELLER!! Find coastal luxury with this magnificent 6 bedroom/6 bathroom 2 half bath beachfront retreat, designed to accommodate up to 16 guests in unparalleled comfort. Nestled against the shoreline, this haven offers an array of exceptional amenities that promise an unforgettable escape. Immerse yourself in the allure of outdoor leisure with a dedicated lawn game area featuring foot pool, cornhole, and mini golf. A symphony of style awaits within, where each corner is adorned with tasteful décor. A fully equipped kitchen and a convenient kitchenette cater to your culinary desires, ensuring every meal is a delight. There is an indoor elevator equipped in this home to help quickly and conveniently navigate between floors. This beachfront gem also showcases private walkout balconies with soothing Gulf views on every floor, accessible from each bedroom.

12401 Front Beach Road, Panama City Beach

Listing courtesy of Douglas Eliman 30A.

$356,900
766195 MLS
Discover the potential of this expansive 28.76-acre property located at the prominent corner of Highway 79 and Highway 160 in Bonifay, FL. This prime location offers excellent visibility and access, making it a great opportunity for potential commercial development (subject to county approval). The property features an old home that holds no value but could provide a starting point for redevelopment or serve as a placeholder for future plans. With its strategic placement at the crossroads of two major highways, this land is well-suited for a variety of uses. Whether you're looking to invest, develop, or create something entirely new, this property offers endless possibilities. Don't miss the chance to secure a highly desirable piece of land with incredible potential! Note: Buyers are advised to check with county officials for zoning and development requirements.

1486 N Highway 79, Bonifay

Listing courtesy of Elite Realty.

$3,000
778462 MLS
Prime Commercial Lot for Lease, Nearly ½ Acre in Panama City Beach! Excellent opportunity to lease a high-visibility commercial fenced-in lot in one of Panama City Beach's most active corridors. Located just off Thomas Drive / Navy Blvd, this property sees an average of 19,000 vehicles per day, with traffic nearly doubling during the busy summer season. Lot Size: Approximately 0.46 acres Previous Use: Boat storage facility, accommodating 25+ boats at a time. Location Highlights: Next to Legendary Marina and RV Park, Minutes from multiple boat ramps, St. Andrews State Park, and Highway 98 Zoning C3 General Commercial use- owner is open to a variety of business opportunities like boat storage, RV storage etc. With its strategic location and excellent visibility, this lot offers outstanding potential for marine-related businesses, storage, or other commercial ventures. Don't miss this chance to secure a versatile property in a booming area of Panama City Beach!

4031 Thomas Drive, Panama City

Listing courtesy of Dalton Wade Inc.

$125,000
768527 MLS
Escape to the serenity of country living with this sprawling 9.98-acre property located on Creek Run Road in Vernon, FL. Nestled in a peaceful setting, this picturesque parcel offers plenty of room to create your dream retreat, whether it's a custom-built home, a mobile home, or a private getaway. Situated on a dirt road, this property offers the ideal balance of privacy and accessibility, making it perfect for those seeking to enjoy the great outdoors. Surrounded by nature, this land provides plenty of room to roam, garden, or create your own personal oasis away from the hustle and bustle of city life. Whether you're looking to build, invest, or simply enjoy the serenity of country living, this property is full of potential. Don't miss this opportunity to create your dream retreat!

000 Creek Run Road, Vernon

Listing courtesy of Elite Realty.

$1,500,000
627303 MLS
3.25 ACRE SUPER SITE AT HIGHWAY 231 AND STAR AVENUE WITH 194 FEET ON HIGHWAY 231. THE SITE HAS BEEN CLEARED AND FILLED, READY FOR DEVELOPMENT! A median cut and traffic light provide direct access to this HIGH TRAFFIC-HIGH VISIBILITY SITE from Highway 231 and Star Avenue. The traffic count on Highway 231 is 28,000 (FDOT - 2019) and 9,000 on Star Avenue (FDOT - 2019). Also providing traffic to the site is John Pitts Road 4,300 (FDOT - 2019). Water and Sewer Available (Bay County). Commercial C-3 Zoning (Bay County). HIGHWAY 231 IS THE PRIMARY NORTH-SOUTH ARTERY TO ALL RESIDENTIAL AREAS IN THE MARKET, AS WELL AS, TO I-10, ALABAMA, GEORGIA AND DOWNTOWN PANAMA CITY. STAR AVENUE ALSO PROVIDES THE PRIMARY ACCESS TO THE LARGEST RECREATIONAL COMPLEX IN THE CITY, H.G. HARDER'S PARK.

5835 N HIGHWAY 231, Panama City

Listing courtesy of Counts Real Estate Group.

$1,800,000
10 Beds 6 Baths 776239 MLS
Gulf View! Fully Furnished Duplex! 10BR/6BA! Rental Projections $300K+ Built in 2017 and fully furnished, this exceptional Panama City Beach duplex offers two identical 5 bedroom, 3 bathroom units just steps from public beach access and the white sands of the Gulf. Each unit features open-concept living, granite countertops, stainless steel appliances, luxury vinyl plank flooring, and a light coastal design. The flexible floor plan includes a first-floor bedroom, an upstairs primary suite with private Gulf-view balcony, bunk room, and two additional guest bedrooms. Private driveways offer ample parking. Covered rear patios and backyard space provide room for a small private pool. Whether you're seeking a vacation home, multi-family retreat, or income-producing property, this turnkey duplex is ready to perform. Projected combined rental income exceeds $300,000 annually. All information taken from appraiser site; sizes approximate. Buyer to verify.

6006 Thomas Drive, Panama City

Listing courtesy of Innerscope Realty LLC.

$349,000
1 Beds 1 Baths 777342 MLS
Reduced!! Many opportunities available for this 4.75 acre parcel with on 430 feet of Highway 77 frontage. The property has a number of improvements on it. The main structure is a 1200 square foot, 40x30 metal building that has a 10 by 8 shed converted to a half bathroom behind it that was used as a store.. There is also a 432 square foot building used as an efficiency that has a loft. Three other storage sheds on the property that are 20x16, 16 by 25 and 16 by 20. The is also a a 12 x 48 carport pole barn. The property also has a shooting range on it. Electricity and plumbing run along the south side of the property. Seller motivated and ready to move on, take a look and make an offer today. Offered as is. All sizes are approximate or taken from other sources please verify accordingly.

5491 Highway 77, Chipley

Listing courtesy of CENTURY 21 Commander Realty.

$190,000
2 Beds 2 Baths 777782 MLS
Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh finishes throughout make this home move-in ready. Located close to Panama City's best attractions, you'll have easy access to sugar-white beaches, world-class fishing, and waterfront marinas. The area also offers a wide variety of restaurants, shopping, golf courses, and entertainment, making it an ideal spot for both full-time living or a low-maintenance coastal getaway. Save $1,495 in mortgage fees on this home by using Preferred Lender.

1116 Mercedes Avenue Unit A, Panama City

Listing courtesy of Think Real Estate.

$2,099,000
13 Beds 15 Baths 772255 MLS
* 5 Doors from the Shore - Invest in Style & Income!* Investor's dream in Panama City Beach! This exceptional turnkey rental package includes a beautifully designed triplex and duplex, sold together and fully furnished for immediate income generation. Built in 2020, the triplex offers over 4,000 square feet of thoughtfully planned space, featuring 9 bedrooms and 9 bathrooms across three individually themed units: The Beach Cabana, The Groovy Shack, and Welcome to Paradise. Each unit is uniquely styled to provide guests with a one-of-a-kind, Instagram-worthy experience, complete with private entrances, vibrant exterior doors, and modern coastal finishes that capture the laid-back beach vibe. The adjoining duplex adds another 2,800 square feet of living space, offering 4 bedrooms and 6 bathrooms across two distinct units: The Surf House and The Tropical House. Like the triplex, these units continue the playful, curated design aesthetic and are optimized for maximum guest appeal and rental performance. Every unit has been thoughtfully furnished and is fully equipped, making this a true plug-and-play investment opportunity. Guests will love the short walk to the Gulf, where they can enjoy white sandy beaches and turquoise waters—making these rentals even more attractive in Panama City Beach's thriving vacation market. With strong rental history and impressive income (figures available upon request), this property is already a high-performing asset with even more room to grow. Plans are in place for a 3-bedroom townhouse to be added on the west side of the lot, offering future expansion potential and additional income opportunities. Located just minutes from popular dining, shopping, and entertainment, this property package delivers the perfect combination of location, lifestyle, and long-term value. Whether you're looking to expand your portfolio or break into the short-term rental space, this opportunity checks all the boxes.

10609 Parkhill Circle, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

$1,148,000
4 Beds 3 Baths 778459 MLS
THIS PROPERTY EARNED $112,000 IN 2025 WITH A MONTH OF OWNER USAGE! Airbnb GUEST FAVORITE with over 65 FIVE-STAR REVIEWS! WHY YOU WILL LOVE 360 S HOLIDAY ROAD - YOUR HOLIDAY HAVEN: INTERIOR FEATURES -- Open concept first floor with spacious living and dining area -- Modern kitchen with ample counter space and seating -- First-floor laundry room -- First floor includes two king bedrooms and one full bathroom with shower -- Second floor includes one king bedroom, one queen bedroom, and one full bathroom -- Unique bunk space with two full-over-full bunk beds -- Second floor features wraparound deck access from sliding doors -- Fresh, fun, modern interior design throughout EXTERIOR FEATURES -- Just 300 feet from beach access at Holiday Rd Gate -- Fully fenced, private backyard -- Stock tank-style filtered pool -- Hot tub -- Fire pit with seating area -- 100'' outdoor movie screen and backyard theater setup -- Large, sunny deck perfect for entertaining or relaxing -- Cozy Adirondack chairs on wraparound upper deck -- Parking for 3 vehicles (depending on size) -- No HOA - bring your boat, trailer, or RV and park on property See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!

360 S Holiday Road, Miramar Beach

Listing courtesy of EXP Realty LLC.

$190,000
2 Beds 2 Baths 777785 MLS
Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh finishes throughout make this home move-in ready. Located close to Panama City's best attractions, you'll have easy access to sugar-white beaches, world-class fishing, and waterfront marinas. The area also offers a wide variety of restaurants, shopping, golf courses, and entertainment, making it an ideal spot for both full-time living or a low-maintenance coastal getaway. Save $1,495 in mortgage fees on this home by using Preferred Lender.

1116 Mercedes Avenue Unit B, Panama City

Listing courtesy of Think Real Estate.

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