Real Estate Investment Properties for Sale in Panama City, FL

Looking for investment property in Panama City, FL with high ROI ?

Explore a variety of short-term homes & houses in Panama City, FL. Invest wisely with VRBO & Panama City, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Panama City, FL

Search for Multi Family for Sale in Panama City, Florida. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 10 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5220 Beach Drive Panama City, FL Experience coastal living at its best with this beautifully maintained duplex just steps f...	4 beds \| 2 baths \| 1,232 sq.ft.	$589,999	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.72% Airbnb Rental Income: $1645 Traditional Rental Income: $1861 Airbnb ROI: 0.49% Traditional ROI: 1.72%
3914 Ural Street Panama City, FL Back on the market at no fault of sellers...Welcome to your perfect beach getaway! Conveni...	5 beds \| 3 baths \| 2,509 sq.ft.	$549,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 3.76% Airbnb Rental Income: $3982 Traditional Rental Income: $3063 Airbnb ROI: 3.89% Traditional ROI: 3.76%
4017 Silver Sands Road Panama City, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Opportunity near the beach! ...	4 beds \| 2 baths \| 1,596 sq.ft.	$439,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 3.65% Airbnb Rental Income: $3019 Traditional Rental Income: $2386 Airbnb ROI: 3.5% Traditional ROI: 3.65%
2826 La Mesa Avenue #2826/ 2828 Panama City, FL Beautiful Newly b built duplex, ready to make it your main or home between families or to ...	6 beds \| 4 baths \| 2,500 sq.ft.	$450,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.91% Airbnb Rental Income: $1645 Traditional Rental Income: $3462 Airbnb ROI: 1.5% Traditional ROI: 6.91%
5237 Thomas Drive #A & B Panama City, FL This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey inv...	10 beds \| 10 baths \| 5,156 sq.ft.	$2,199,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.57% Airbnb Rental Income: $3982 Traditional Rental Income: $7535 Airbnb ROI: 0.41% Traditional ROI: 2.57%
405 Massalina Drive Panama City, FL $7100 per month or $85,200 per year in rental income from the carriage house and quadplex/...	7 beds \| 6 baths \| 2,988 sq.ft.	$865,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 8.32% Airbnb Rental Income: $2503 Traditional Rental Income: $7899 Airbnb ROI: 0.87% Traditional ROI: 8.32%
147/ 149 Claire Ave Panama City, FL Built in 2023, this duplex features two 3-bedroom, 2-bathroom units, both currently occupi...	6 beds \| 4 baths \| 2,400 sq.ft.	$350,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 7.68% Airbnb Rental Income: $2503 Traditional Rental Income: $3370 Airbnb ROI: 3.19% Traditional ROI: 7.68%

Your search for investment property begins and ends here

Multi Family for Sale in Panama City, FL

5220 Beach Drive

Panama City, FL

4 beds | 2 baths | 1,232 sq.ft.

$589,999

Airbnb cash on cash: 0.49%

Traditional cash on cash: 1.72%

Airbnb Rental Income: $1645

Traditional Rental Income: $1861

Airbnb ROI: 0.49%

Traditional ROI: 1.72%

3914 Ural Street

Panama City, FL

5 beds | 3 baths | 2,509 sq.ft.

$549,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $3982

Traditional Rental Income: $3063

Airbnb ROI: 3.89%

Traditional ROI: 3.76%

4017 Silver Sands Road

Panama City, FL

4 beds | 2 baths | 1,596 sq.ft.

$439,000

Airbnb cash on cash: 3.5%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $3019

Traditional Rental Income: $2386

Airbnb ROI: 3.5%

Traditional ROI: 3.65%

2826 La Mesa Avenue #2826/ 2828

Panama City, FL

6 beds | 4 baths | 2,500 sq.ft.

$450,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $1645

Traditional Rental Income: $3462

Airbnb ROI: 1.5%

Traditional ROI: 6.91%

5237 Thomas Drive #A & B

Panama City, FL

10 beds | 10 baths | 5,156 sq.ft.

$2,199,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $3982

Traditional Rental Income: $7535

Airbnb ROI: 0.41%

Traditional ROI: 2.57%

405 Massalina Drive

Panama City, FL

7 beds | 6 baths | 2,988 sq.ft.

$865,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $2503

Traditional Rental Income: $7899

Airbnb ROI: 0.87%

Traditional ROI: 8.32%

147/ 149 Claire Ave

Panama City, FL

6 beds | 4 baths | 2,400 sq.ft.

$350,000

Airbnb cash on cash: 3.19%

Traditional cash on cash: 7.68%

Airbnb Rental Income: $2503

Traditional Rental Income: $3370

Airbnb ROI: 3.19%

Traditional ROI: 7.68%

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