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Currently under contract - entered for Comp. purposes.
#946243

Point Washington

411 W Point Washington Road

5 Beds

4 Baths

3,836 Sq.Ft.

$1,600,000

MLS#: 946243

Welcome to a lucrative investment opportunity in Panama City, FL. This prime commercial property at 2810 Hwy 77 offers a solid income stream with a favorable cap rate of 7.1%. With an occupied space and annual tenant income of $163,823 this property ensures long-term financial growth. Featuring two buildings (front 5,000 sf & back 6,000 sf) totaling 11,000 sq ft, this property houses thriving tenants including South Oak Title, Think Real Estate, and Mochas & Minis. The combined tenant income of $163,823 annually guarantees a steady cash flow. Strategically located on Hwy 77, this property enjoys excellent visibility and high traffic exposure, with consistent demand for commercial space. Close to amenities and businesses, it leverages the city's economic growth for maximum returns. With a competitive price, solid tenant base, impressive income, and favorable cap rate, this investment property offers exceptional value. Future appreciation enhance its long-term potential. In 2019 both buildings were remodeled with new roofs. Extensive modern buildout was completed for South Oak Title and Think Real Estate. All Ac units are less than 5 years old with (2) 5 ton units replaced in back building in June 2023. Don't miss out on this opportunity to acquire a fully occupied investment property.
#769692

Panama City

2810 Hwy 77 A-B

None Beds

None Baths

11,800 Sq.Ft.

$1,600,000

MLS#: 769692

A rare Redevelopment Opportunity located on the east side of St. Andrews Bay with deep water boat slippage. The site of Long Point Condominium complex sits on the Northwest side of a peninsula with calm water and presents many options for a new owner. Its currently zoned Mixed Use, and it adjoins Earl Gilbert State Park's public boat launch and its white sandy beaches. This 1.48 acre parcel is located at the foot of Tyndall bridge with quick boating access to the Gulf of Mexico. The buildings were damaged beyond repairs and now it's time for some lucky developer to rebuild.
#681687

Panama City

6700 Oakshore Drive

None Beds

None Baths

1.48 acres

$1,600,000

MLS#: 681687

*All units occupied and generating $12,950 a month* 311 Pennsylvania Ave consists of 2 separate 2 story buildings A & B. Each building contains 4 units (8 all together). Per owner each unit is 1000 SF with 2 bedrooms and 1 bathroom (16 bedrooms and 8 bathrooms all together), washer/dryer hookups are located in the storage closet outside each unit next to the front door on first floor units, on second floor units storage closet is located on balcony. All units have been completely remodeled with brand new stainless steel appliances, flooring, HVAC and water heaters, new wiring and plumbing. New roofs on both buildings and have been freshly painted on the exterior and interior. New landscaping and plenty of parking gives this property really great curb appeal. Property is 375 feet from Leslie Porter Park right on the bay by the Bailey Bridge. The park comes equipped with a playground, a beach, picnic tables, bathrooms and a boat launch.
#755554

Lynn Haven

311 Pennsylvania Avenue

2 Beds

1 Baths

8,000 Sq.Ft.

$1,600,000

MLS#: 755554

Large redevelopment site, with good elevation, on the area's most desirable commercial corridor, just south of Wal Mart, Publix, and many retail and commercial destinations. Improvements damaged by Hurricane Michael represent no value.
#717359

Lynn Haven

2617 S Highway 77

None Beds

None Baths

2.87 acres

$1,600,000

MLS#: 717359

This 45' Gulf Front lot is located in the eastern portion of Carillon Beach, with a very private entry from a cul de sac off Beachside Drive. The spectacular views from this lot are breath taking. There is ample room on this lot to build a guest house or carriage house as well as a main house. There are very few Gulf Front lots remaining in Carillon Beach - this one is a beauty. Take the time to give us a call and come see this great piece of property. Imagine sitting on your porch, watching the dolphins play and having your own beach walkover!
#643456

Panama City Beach

514 BEACHSIDE GARDENS

None Beds

None Baths

N/A

$1,600,000

MLS#: 643456

Envision your coastal beach escape in Gulf Trace. Located in the exclusive Gulf Trace Community along the highly coveted 30A coastline, this 4th tier lot presents an extraordinary opportunity to create your perfect beachside retreat. Just steps from the neighborhood beach walkover, this prime homesite offers effortless access to the sugar-white sands and emerald waters of the Gulf of Mexico. Positioned within a private, gated enclave, Gulf Dunes is renowned for its natural setting, bordering Grayton State Park and cultivating a peaceful community. This low-density neighborhood offers unmatched privacy and exclusivity. As the only listed lot in this prestigious community, this property is a rare gem along 30A. Boasting a generous 80x125 footprint, the lot offers ample space to design your dream home with potential for breathtaking Gulf views and awe-inspiring sunsets. The conceptual renderings provided showcase the possibilities, sparking inspiration for a stunning future residence tailored to your vision. As one of the few gated, private, west end beachfront communities along Scenic Highway 30A, Gulf Trace ensures a lifestyle of tranquility, luxury, and refined coastal living. Don't miss your chance to join this exclusive enclave and secure your own slice of paradise. Schedule your viewing today and begin building the 30A retreat you've always envisioned.
#769781

Santa Rosa Beach

Lot 3 Gulf Breeze Drive

None Beds

None Baths

0.23 acres

$1,600,000

MLS#: 769781

Luxurious beachfront condominium at Sterling Beach offering unparalleled views of the Gulf of Mexico. This tastefully designed unit features two gulf front master suites featuring walk-in closet, jacuzzi tub and a separate shower, spacious living area with gas fireplace, high ceilings and floor-to-ceiling windows that provide the interior in natural light. With over 2,300 sq.ft., three bedrooms, three full baths, and modern amenities, this retreat provides a perfect blend of comfort and style. Enjoy the view from the fully equipped kitchen with quartz countertops. There are two private balconies overlooking The World's Most Beautiful Beaches. Whether you're savoring breathtaking sunsets or enjoying the resort-style amenities, Sterling Beach Unit 1601 promises an idyllic beachfront escape. Luxury amenities include an onsite theatre, 4,000 sq.ft. gulf front resort pool, BBQ picnic area with grills, a community room, fitness center and 350 feet on the Gulf of Mexico.
#752595

Panama City Beach

6627 Thomas Drive 1601

3 Beds

3 Baths

2,318 Sq.Ft.

$1,600,000

MLS#: 752595

Discover a rare opportunity to own within the prestigious St. Thomas building at Silver Shells Beach Resort & Spa, one of Destin's premier Gulf-front communities. St. Thomas is a Gulf-front building that is rental-restricted, offering a level of privacy, quiet, and ownership pride that is increasingly hard to find. Spanning 2,101 square feet, Unit 304 features a spacious and thoughtfully designed 3-bedroom, 3-bathroom layout. This residence offers expansive views of the Gulf that truly make you feel like you're right on the beach. This unit has been exceptionally well maintained by only its second owner, who used the condo just a few weeks each year, resulting in a clean, lightly lived-in feel. The living, dining, and kitchen areas each showcase stunning Gulf views, creating an inviting space for both everyday living and entertaining. The well appointed kitchen offers ample cabinetry, granite countertops, and generous prep space, all positioned so that even standing at the sink comes with a breathtaking view, giving new meaning to everyday moments like washing dishes. Large sliding glass doors lead to an expansive balcony, filling the home with natural light and coastal breezes. From the comfort of the living area, the current owners cherished being able to watch their family enjoy the beach and pool from their unit, an experience that truly sets this residence apart. The condo is being offered furnished, including blackout shades and elevated window treatments, allowing for a seamless move-in or second-home experience. Each of the three bedrooms features its own en-suite bath, providing comfort and privacy for family and guests. The primary suite serves as a relaxing retreat, while additional highlights include custom closets in each room, a spacious laundry room with an extra refrigerator and utility sink, abundant storage, and a secondary entrance for added convenience. St. Thomas residents enjoy exclusive access to a private pool, hot tub, and luxurious lobby, along with full access to Silver Shells' 27-acre resort amenities, including 1,000 feet of sugar-white sand beach, lagoon-style pools, fitness center, tennis, basketball, and pickleball courts, a full-service spa, and on-site dining at Ruth's Chris Steak House. Residents also enjoy access to The Sandbar, one of the only beachfront bars in Destin offering food and drink service delivered directly to your beach chair--an unmatched coastal luxury. Additional features include deeded garage parking and a private, climate-controlled owner's storage cage. If you're looking for a refined coastal residence that offers space, exclusivity, and a true residential atmosphere, without the turnover of short-term rentals, Unit 304 at St. Thomas delivers a rare and compelling opportunity in the heart of Destin.
#999624

Destin

15400 Emerald Coast Parkway 304

3 Beds

3 Baths

2,101 Sq.Ft.

$1,600,000

MLS#: 999624

*Under contract, seller taking backup offers* Investors DREAM, in need of renovations! Executive 3 story waterfront home in Holiday Isle offers over 6,000 sq ft of heated and cooled living space, rooftop patio with glimpses of the Emerald Coast, deep-water boat-slip with additional dock space for a 2nd boat, and an in-ground swimming pool for those hot summer days! Your next home offers 80' of canal water frontage and is only a 5 minute boat ride to Crab Island or 2 miles to harbour front dining. With all of the exquisite indoor and outdoor living space, entertaining is guaranteed to be a breeze! As you enter the ground level you will find a living area or game room and a full bedroom and bathroom, with a backdoor that leads out to the pool deck – perfect for pool parties. On the second level, you are greeted by an open kitchen & living area complimented by a 2-story wall of windows and southern views of the shimmering canal. The second floor also features a large bedroom, full bathroom & sitting area, or bonus room. There are two master suite options on the third level with full en-suite bathrooms & huge walk-in closets. Relax on one of the upstairs balconies or take the outdoor spiral staircase to the rooftop patio for sunrise or sunset views. Gorgeous, newly installed "wood look" tile floors throughout the home and there are several other custom materials available to convey with the purchase, uninstalled, including: custom-made cabinetry, fiberglass marine safe decking, railings for balconies, and tile for the bathrooms. You will not be disappointed with this decorator-ready, unique house, ready for you to make it home! After renovations, this home's value would potentially be twice the asking price (based on recent neighborhood comparables). Professional floor plans, designs, electrical plans and 3D virtual walk through available upon request. Buyers please verify all measurements & facts.
#717965

Destin

612 Magnolia Drive

4 Beds

4 Baths

6,104 Sq.Ft.

$1,600,000

MLS#: 717965

Positioned on ½ acre along the tranquil waters of Cinco Bayou, this exceptional waterfront estate at 144 Monahan Drive offers a rare blend of privacy, craftsmanship, and coastal lifestyle living. Designed for both comfort and entertainment, the property combines timeless finishes with distinctive architectural details throughout. Inside, expansive living areas showcase vaulted ceilings, cedar accent walls, built-in bookcases, and fireplace that create warmth and character. Travertine, porcelain tile, bamboo, Brazilian cherry, cork, and wood-style plank flooring reflect the custom quality found in every space. The chef's kitchen is appointed with built-in appliances and travertine flooring, flowing seamlessly into generous dining and gathering areas ideal for hosting. The waterfront primary suite offers serene views and a spa-inspired bath featuring a soaking tub, bidet, oversized tiled shower, and custom walk-in closet. A private apartment lockout with skylights and bay window provides flexible accommodation for guests or multigenerational living. Outdoors, resort-style living awaits with a kidney-shaped in-ground pool, expansive paver deck, gazebo, and large wooden waterfront deck. Boating enthusiasts will appreciate the dock and lift (conveyed as-is), offering direct access to the bayou lifestyle. Additional highlights include a 12-12.5KW generator supporting major systems, whole-house water softener, detached 40x10 powered workshop, detached two-car garage, carport, and circular drive. This is more than a waterfront home it is a private coastal retreat in the heart of Fort Walton Beach, offering space, flexibility, and unforgettable sunsets over Cinco Bayou.
#998388

Fort Walton Beach

144 Monahan Drive

4 Beds

3 Baths

4,454 Sq.Ft.

$1,600,000

MLS#: 998388

Entered for comp purposes.
#977397

Miramar Beach

Lot 21 S Geronimo South Street

None Beds

None Baths

0.3 acres

$1,600,000

MLS#: 977397

Truly a one of a kind parcel. All the advantages of PIER PARK without any of the expenses. This used to be the old Pancake Plus Parcel. The perfect location for theme Restaurant Bar combination with magnificent view to the Gulf and City Pier. Parcel adjoins Parking and Margaritaville.
#887578

Panama City Beach

16300 Front Beach Road

None Beds

None Baths

0.33 acres

$1,600,000

MLS#: 887578

Welcome to a lucrative investment opportunity in Panama City, FL. This prime commercial property at 2810 Hwy 77 offers a solid income stream with a favorable cap rate of 7.1%. With an occupied space and annual tenant income of $163,823 this property ensures long-term financial growth. Featuring two buildings (front 5,000 sf & back 6,000 sf) totaling 11,000 sq ft, this property houses thriving tenants including South Oak Title, Think Real Estate, and Mochas & Minis. The combined tenant income of $163,823 annually guarantees a steady cash flow. Strategically located on Hwy 77, this property enjoys excellent visibility and high traffic exposure, with consistent demand for commercial space. Close to amenities and businesses, it leverages the city's economic growth for maximum return
#970121

Panama City

2810 FL-77 A-B

None Beds

None Baths

N/A

$1,600,000

MLS#: 970121

This development opportunity consists of multiple means of acquisition. Currently 23 lots would be inclusive to this sale. Each lot would have the availability to lease a deep water slip with each sale at the amount of $1,000.00 per slip per year. The boat slip has the capability of housing a boat up to 50' in length. This is an excellent investment opportunity to complete development of a waterfront community with excellent access to the Bayou and the Bay and the Gulf. The seller will consider financing the development with a minimum of 30% down. The Marina can also be purchased outright as well as the parcel where the marina office now exists. That parcel can be divided to build 3 more waterfront homes. The property does have the zoning to do some multi units as well.
#706257

Panama City

409 Maple Avenue

None Beds

None Baths

2,100 Sq.Ft.

$1,600,000

MLS#: 706257

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