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This 1-bedroom, 1.5-bath unit at The Summit delivers exactly what investors want: an unbeatable Gulf view, updated interiors, and a location that's about to explode in value. Step inside to LVP flooring throughout, a bright open layout, and a private balcony overlooking the sugar-white sand and emerald water. It sleeps great, rents easily, and stays booked—exactly what Summit buyers chase.

The Summit is loaded with amenities: two huge beachfront pools, indoor hot tubs, a tiki bar, Bikini Bob's café, tennis courts, fitness center, sauna, game room, on-site security, laundry facilities, and direct beach access. Families, snowbirds, and spring/summer travelers love this place year after year.

Location just got even hotter—Tootsies is being built right next door on Thomas Drive, instantly making this one of the most desirable ''walk-to-everything'' spots on the east end. Between nightlife, dining, the beach, and Summit's proven ROI history, Unit 227 is a no-brainer investment.

If you want a high-demand Gulf-front rental at a price point that still makes sense, this is it.
#782447

Panama City

8743 Thomas Drive 227

1 Beds

1 Baths

740 Sq.Ft.

$300,000

MLS#: 782447

Country Living at it's Finest!Discover this nearly new, stunningly large modular home, perfectly blending serene country living with unparalleled convenience. Situated on over an acre of pristine, cleared land, this property offers the space and tranquility you've been dreaming of, all less than half a mile from Highway 90. Step inside to find a meticulously designed interior boasting well-appointed finishes throughout. The spacious, open floor plan features modern amenities and elegant touches that create a warm, inviting atmosphere for both everyday living and entertaining. Outside, the expansive grounds provide endless possibilities, from gardening to recreation. Pet owners will delight in the large, pre-installed dog run.
#990935

Crestview

5256 Mt. Olive Road

4 Beds

2 Baths

1,830 Sq.Ft.

$247,000

MLS#: 990935

644 W Caladium Circle presents a rare, high-performing investment opportunity in a premier beachside location. This fully refreshed 26-unit complex features 22 studios, two 1BR/1BA units, and two 2BR/1BA unitsa'each updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. A consistently strong occupancy rate ensures immediate Day-One cash flow, further enhanced by an income-producing onsite laundry facility that adds to overall revenue. Ideally positioned directly across from the Gulf with beach views and easy walkability to dining, shopping, Pier Park, Topgolf, and easy access to Dolly Parton's Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.
#990828

Panama City Beach

644 W Caladium Circle

None Beds

None Baths

N/A

$3,404,000

MLS#: 990828

This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020--featuring updated flooring, fresh paint, windows, and fixtures--the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term CapEx exposure. Steady occupancy and an assumable $4.57M, 3.75% fixed-rate non-recourse loan enhance the investment's strength in today's lending environment. Positioned near major retailers, schools, employment centers, and within minutes of Panama City Beach, the property sits in a high-demand rental corridor with long-term growth potential. A recent price adjustment further improves the opportunity for investors seeking stability and upside.
#990826

Panama City

3510/ 3536 Saint John Street

None Beds

None Baths

N/A

$6,243,750

MLS#: 990826

This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady net revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential. Positioned within the heart of Downtown Panama City's ongoing revitalizationfeaturing upgraded streetscapes, improved walkability, and renewed waterfront developmentthis asset remains one of the most compelling opportunities in the market. The pricing adjustment simply aligns the offering with current investor activity and enhances the property's already strong return profile.
#990824

Panama City

240 Harmon Avenue

None Beds

None Baths

N/A

$6,197,500

MLS#: 990824

Now leasing multiple 1,200 SF warehouse units at 314 Green Acres Road in the heart of Fort Walton Beach. These versatile spaces are ideal for storage, light industrial use, or small business operations, offering convenient access to major thoroughfares and ample on-site parking. With flexible lease terms and a prime location near Eglin Parkway and Racetrack Road, this multi-unit facility is perfect for growing businesses seeking functionality and affordability in a high-demand area. This Unit is available December 1st 2025.
#990831

Fort Walton Beach

316 Green Acres Road 22

None Beds

None Baths

1,200 Sq.Ft.

$1,250

MLS#: 990831

Now leasing multiple 1,200 SF(each) warehouse units at 314 Green Acres Road in the heart of Fort Walton Beach. These versatile spaces are ideal for storage, light industrial use, or small business operations, offering convenient access to major thoroughfares and ample on-site parking. With flexible lease terms and a prime location near Eglin Parkway and Racetrack Road, this multi-unit facility is perfect for growing businesses seeking functionality and affordability in a high-demand area. These units are available January 1st, 2026
#990832

Fort Walton Beach

317-318 Green Acres 24 & 25

None Beds

None Baths

2,400 Sq.Ft.

$2,500

MLS#: 990832

For Comp Purposes
#990835

Santa Rosa Beach

Lots 1&2 Santa Rosa Street

None Beds

None Baths

0.29 acres

$125,700

MLS#: 990835

Freestanding building with 11 offices, reception, break room, 3 restrooms.
#990850

Fort Walton Beach

11 NE Racetrack Rd A

None Beds

None Baths

2,944 Sq.Ft.

$3,575

MLS#: 990850

Buildable Double Lot - Steps to the Water!Opportunity knocks... and this one is loud. Just one block off the water, this oversized double lot offers flexibility that's almost impossible to find in this part of Panama City Beach. Build two homes for maximum investment potential, or spread out and create one custom coastal dream home with room for everything you've ever pictured.Located just down the road from The Preserve on the Bay and Bay Point, you'll enjoy the convenience of premier neighborhoods--without the HOA fees. That's right... freedom to build what you want, how you want it.A two-story home on this property can capture peek-a-boo water views from the upper level, giving you that daily ''pinch-me'' moment. Even better, the lot sits in Flood Zone X, meaning no flood insurance requirementa rare win this close to the coast.

Whether you're a builder, investor, or someone ready to design your forever beach retreat, this location simply can't be beat.
#990852

Panama City Beach

4133 Catherine Street

None Beds

None Baths

0.3 acres

$225,000

MLS#: 990852

This stunning large corner lot in Eden Bay Estates covers more than half an acre and conveys with fully permitted plans for a custom ~4400 sq ft home. Design your own plans or use the existing plans to craft a beautiful home. Tap fees have been paid.  This is a beautiful, quiet, private neighborhood with low HOA dues. The mature trees on this homesite are truly stunning and will allow for total privacy and a spacious backyard entertainment area. Across the street from the bay, this homesite should offer bay views from the second floor. Plans available upon request.  Homesites of this size and natural landscape are hard to come by in South Walton.Only 5 mi to the beautiful beaches of 30A and 2 miles to public deep-water boat ramp, this property is ideally situated for coastal living!
#990851

Santa Rosa Beach

Lot 21 Adair Lane

None Beds

None Baths

0.52 acres

$400,000

MLS#: 990851

Build your dream home on this prime lot boasting over 1/2 an acre (0.568 acres) in the quaint community of Lakeside at Blue Mountain Beach just a half mile to the beach and in close vicinity to many dining & entertainment options on 30A. Capture nature right outside your door as this lot backs up to a small creek & is nestled behind Big Redfish Lake, one of the rare coastal dune lakes. Point Washington State Forest is also in close proximity & has many nature trails to enjoy. Take a leisurely stroll or quick bike ride to the Blue Mountain Beach Regional Access on Hwy 83. Lakeside is a beautiful planned community with a great community pool, playground, green space & plentiful sitting areas to appreciate along with the bridge over Redfish Lake. Serenity & convenience at this premier lot! Design guidelines allow for a 2-story house or a 2-story house with tower not to exceed 3,400 square feet. A carriage house may be built with a max of 580 feet. A Florida licensed architect is required to design the residence and homes must be submitted to the architectural review board. Build time once home is started must be completed in 24 months and the carriage house cannot be rented separately from the main house. This community allows long or short term rentals and expects to perform well due to its close vicinity to the beach & Gulf of Mexico, easy access to Timpoochee Trail (30A's 19 mile paved bike path) and all the conveniences of Blue Mountain Beach like Redfish Village, Redfish Taco, For the Health of It Market, Blue Mountain Creamery, Blue Mountain Bakery, Bike Daddy's Bike Shop, McTighes, Blue Mabel and even Grayton Beach State Park in close vicinity. The nearest public beach access is at the south end of Highway 83 just a half mile away with parking and restrooms. Blue Mountain Beach is the highest elevation of Florida's Gulf Coast lending incredible views and beautiful natural dunes and wild flowers. Enjoy the great outdoors with the surrounding state parks and kayak or paddle board on one of the rare coastal dune lakes to experience a unique ecosystem that is only available to approximately 11 locations in the world! Do not miss out on this exclusive larger lot at Lakeside.
#990889

Santa Rosa Beach

Lot 32 S Matt's Way

None Beds

None Baths

0.57 acres

$421,000

MLS#: 990889

IMPRESSIVE 1ST TIER LOT W/GULF VIEWS ON THE S CAPE IN THE GATED COMMUNITY OF SOUTH BEACH! Build your dream home in a quiet setting just steps to uncrowded, pet friendly beaches. Amenities include deeded beach access, dedicated dock & underground utilities. Fish from the shoreline or take a bike ride down miles of paved nature trails. Enjoy nearby family friendly Salinas Park for kayaking, horseback riding & pickleball courts or visit locally owned businesses & restaurants for fresh seafood, native cuisine & live entertainment. If you're looking for an investment, this area offers proven rental income throughout the year. A recent survey is available for you to start making your design plans right away. Fall in love w/the Forgotten Coast and start living the beach life! Call for a showing & tour of the area today!
#782409

Cape San Blas

117 Mariner Lane

None Beds

None Baths

0.2 acres

$185,000

MLS#: 782409

6.09 acres of raw land in Bonifay! This spacious property offers privacy and flexibility with an easement providing access to the parcels. Perfect for a future home, recreational use, or long-term investment. Parcels included are 1013.00-000-000-009.100 and 1013.00-000-000-009.200. Whether you're looking for space, freedom, or a chance to build from the ground up, this property is ready for your ideas. Come explore the potential!
#782384

Bonifay

2676 W Sun Lake Road

None Beds

None Baths

6.09 acres

$72,000

MLS#: 782384

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Discover an exceptional opportunity to own a spacious 1-acre homesite / vacant land in the heart of Lynn Haven. This beautifully positioned parcel offers the ideal setting for your future home, investment property, or development project. Nestled in a highly desirable area known for its friendly community, top-rated schools, and convenient access to shopping, dining, and local amenities, this property delivers both value and versatility.
Discover an exceptional opportunity to own a spacious 1-acre homesite / vacant land in the heart of Lynn Haven. This beautifully positioned parcel offers the ideal setting for your future home, investment property, or development project. Nestled in a highly desirable area known for its friendly community, top-rated schools, and convenient access to shopping, dining, and local amenities, this property delivers both value and versatility.
With ample space to design your perfect layout, this lot provides endless potential—whether you envision a custom-built residence, expanded outdoor living areas, or additional structures. Its generous dimensions offer privacy, flexibility, and room to bring your vision to life.
#782090

Lynn Haven

000 E 24th Street

None Beds

None Baths

1.75 acres

$125,900

MLS#: 782090

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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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