Real Estate Investment Properties for Sale in Panama City Beach, FL

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

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

Investment Property for Sale in Panama City Beach, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
921 Lighthouse Lagoon Court Panama City Beach, FL Deep water executive home with significant upgrades and a 10,000-pound boat lift accommoda...	4 beds \| 3 baths \| N/A	$974,000	Airbnb cash on cash: 1% Traditional cash on cash: 1.51% Airbnb Rental Income: $3630 Traditional Rental Income: $3304 Airbnb ROI: 1% Traditional ROI: 1.51%
14701 Front Beach Rd #1931 Panama City Beach, FL Emerald Beach Resort 1931 is one of the cleanest condos that you will find on the market! ...	2 beds \| 2 baths \| 1,299 sq.ft.	$495,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 2.73% Airbnb Rental Income: $2304 Traditional Rental Income: $2056 Airbnb ROI: 2.03% Traditional ROI: 2.73%
1112 Prospect Promenade unit: 201 #201 Panama City Beach, FL Luxury Waterfront Living in the Exclusive Gated Community of Wild Heron Experience unmatch...	4 beds \| 4 baths \| 2,365 sq.ft.	$679,995	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.17% Airbnb Rental Income: $3834 Traditional Rental Income: $3782 Airbnb ROI: -1.05% Traditional ROI: 0.17%
17690 Front Beach Rd #C207 Panama City Beach, FL Many updates highlight this comfortable home. Direct entry from the garage into the heated...	2 beds \| 2 baths \| 962 sq.ft.	$300,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 0.94% Airbnb Rental Income: $2304 Traditional Rental Income: $1363 Airbnb ROI: 2.25% Traditional ROI: 0.94%
2400 Grandiflora Blvd Panama City Beach, FL Welcome to Magnolia Bay Club, a gated bayfront community offering the perfect balance of p...	3 beds \| 3 baths \| 1,823 sq.ft.	$499,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.96% Airbnb Rental Income: $2883 Traditional Rental Income: $3631 Airbnb ROI: -0.08% Traditional ROI: 2.96%
1112 Prospect Promenade #201 Panama City Beach, FL Remarks: This beautiful and tasteful condo has many developer upgrades to make it a fantas...	4 beds \| 3 baths \| 2,365 sq.ft.	$625,000	Airbnb cash on cash: -0.39% Traditional cash on cash: -1.02% Airbnb Rental Income: $3834 Traditional Rental Income: $2601 Airbnb ROI: -0.39% Traditional ROI: -1.02%
221 Sand Oak Boulevard Panama City Beach, FL Located in the Whisper Dunes neighborhood of Panama City Beach, this furnished 3-bedroom, ...	3 beds \| 2 baths \| 1,560 sq.ft.	$324,900	Airbnb cash on cash: 4.8% Traditional cash on cash: 6.32% Airbnb Rental Income: $3048 Traditional Rental Income: $2814 Airbnb ROI: 4.8% Traditional ROI: 6.32%
4726 Bay Point Road Panama City Beach, FL Bay Point Harbour Villa .	1 beds \| 2 baths \| N/A	$319,000	Airbnb cash on cash: -3.18% Traditional cash on cash: 3.13% Airbnb Rental Income: $239 Traditional Rental Income: $1903 Airbnb ROI: -3.18% Traditional ROI: 3.13%
8541 Preservation Dr Panama City Beach, FL Better than new, with a two year old roof and brick veneer construction. 2-Inch faux wood ...	N/A beds \| N/A baths \| 996 sq.ft.	$155,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 3.36% Airbnb Rental Income: $441 Traditional Rental Income: $928 Airbnb ROI: -1.7% Traditional ROI: 3.36%
22107 Bataan Ave Panama City Beach, FL Discover a prime investment opportunity in Panama City Beach's coveted west end, just 0.2-...	3 beds \| 2 baths \| 1,560 sq.ft.	$525,999	Airbnb cash on cash: 2.72% Traditional cash on cash: 2.21% Airbnb Rental Income: $3048 Traditional Rental Income: $2099 Airbnb ROI: 2.72% Traditional ROI: 2.21%
8586 Island Breeze Avenue Panama City Beach, FL PRIME LOCATION! UNIQUE END lot with Spectacular PRIVATE PRESERVE VIEW and LAKE VIEW! Parti...	2 beds \| 2 baths \| 1,565 sq.ft.	$615,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.2% Airbnb Rental Income: $2304 Traditional Rental Income: $2108 Airbnb ROI: 0.55% Traditional ROI: 1.2%
6422 W Highway 98 unit: 805 #805 Panama City Beach, FL Experience waterfront living at Marina Landing with this 2-bedroom, 2-bath high-rise condo...	2 beds \| 2 baths \| 1,384 sq.ft.	$385,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.93% Airbnb Rental Income: $2203 Traditional Rental Income: $2860 Airbnb ROI: -0.43% Traditional ROI: 2.93%
200 S Glades Trail Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS HOMEOWNERS ARE ALLOWED TO HAV...	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 4.48% Airbnb Rental Income: $2883 Traditional Rental Income: $2215 Airbnb ROI: 4.48% Traditional ROI: 4.48%
10713 Front Beach Rd. unit: 1503 #1503 Panama City Beach, FL Are you are looking for a great investment property? Look no further! This spacious condo ...	3 beds \| 2 baths \| 1,559 sq.ft.	$595,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.25% Airbnb Rental Income: $2883 Traditional Rental Income: $2839 Airbnb ROI: 0.13% Traditional ROI: 1.25%
520 N Richard Jackson Boulevard unit: 956 #956 Panama City Beach, FL This beautiful second floor condo overlooking the pond has recently updated flooring, fres...	1 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: -7.21% Traditional cash on cash: 1.21% Airbnb Rental Income: $239 Traditional Rental Income: $1727 Airbnb ROI: -7.21% Traditional ROI: 1.21%
14701 Front Beach Rd #2427 Panama City Beach, FL Spacious EMERALD BEACH RESORT penthouse unit with almost endless views of the gulf, and ju...	3 beds \| 3 baths \| 1,862 sq.ft.	$659,000	Airbnb cash on cash: -0.38% Traditional cash on cash: -0.31% Airbnb Rental Income: $3048 Traditional Rental Income: $2394 Airbnb ROI: -0.38% Traditional ROI: -0.31%
9902 S Thomas Drive unit: 832 #832 Panama City Beach, FL Turnkey and income producing, this beautifully furnished 3-bedroom 2-bath condo at the ico...	3 beds \| 2 baths \| 1,262 sq.ft.	$325,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 3.67% Airbnb Rental Income: $2883 Traditional Rental Income: $2129 Airbnb ROI: 3.94% Traditional ROI: 3.67%
522 Lyndell Lane Panama City Beach, FL Great Investment Property Opportunity with solid rental history. No HOA and located just 1...	5 beds \| 3 baths \| 2,916 sq.ft.	$1,349,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.76% Airbnb Rental Income: $null Traditional Rental Income: $3339 Airbnb ROI: N/A Traditional ROI: 0.76%
512 Lighthouse Road Panama City Beach, FL Live the beach life at Nautilus Cove, a gated condo community in Panama City Beach just 1/...	2 beds \| 2 baths \| 965 sq.ft.	$198,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 2.65% Airbnb Rental Income: $2203 Traditional Rental Income: $1519 Airbnb ROI: 3.33% Traditional ROI: 2.65%
8700 Front Beach Road unit: 3208 #3208 Panama City Beach, FL Welcome to your dream home in the prestigious gated community of Island Reserve. This imma...	3 beds \| 3 baths \| 1,761 sq.ft.	$350,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 2.82% Airbnb Rental Income: $2883 Traditional Rental Income: $2587 Airbnb ROI: 1.68% Traditional ROI: 2.82%
131 Hombre Circle Panama City Beach, FL Welcome to 131 Hombre Circle. A Thoughtfully Upgraded Retreat in The Glades community! Dis...	3 beds \| 2 baths \| 2,112 sq.ft.	$519,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 2.51% Airbnb Rental Income: $2883 Traditional Rental Income: $2211 Airbnb ROI: 2.51% Traditional ROI: 2.51%
14701 Front Beach Rd #731 Panama City Beach, FL 2bed Condo with Bunks for sale at Emerald Beach Resort in Panama City Beach. Spacious Gulf...	2 beds \| 2 baths \| 1,299 sq.ft.	$485,000	Airbnb cash on cash: -0.2% Traditional cash on cash: -0.28% Airbnb Rental Income: $2304 Traditional Rental Income: $1695 Airbnb ROI: -0.2% Traditional ROI: -0.28%
11483 Front Beach Road unit: 601 #601 Panama City Beach, FL Welcome to this stunning 3-bedroom, 3-full bath condominium boasting over 1800 square feet...	3 beds \| 3 baths \| 1,847 sq.ft.	$949,999	Airbnb cash on cash: -2.28% Traditional cash on cash: -1.22% Airbnb Rental Income: $2883 Traditional Rental Income: $3154 Airbnb ROI: -2.28% Traditional ROI: -1.22%
6201 Thomas Drive unit: 1805 #1805 Panama City Beach, FL Luxurious Gulf Front Penthouse Condo at Watercrest Welcome to coastal paradise living at i...	3 beds \| 3 baths \| 3,056 sq.ft.	$1,700,000	Airbnb cash on cash: -1.82% Traditional cash on cash: -0.85% Airbnb Rental Income: $2883 Traditional Rental Income: $3753 Airbnb ROI: -1.82% Traditional ROI: -0.85%
7644 Coastal Hammock Trl Panama City Beach, FL Everyone is talking about AQUA and this condo is an excellent value for the price, profess...	N/A beds \| N/A baths \| 1,569 sq.ft.	$139,999	Airbnb cash on cash: -1.24% Traditional cash on cash: 7.46% Airbnb Rental Income: $441 Traditional Rental Income: $1347 Airbnb ROI: -1.24% Traditional ROI: 7.46%
601 Cape Cod Drive Panama City Beach, FL Turnkey, fully furnished, and ready to earn! This 3-bedroom, 2-bath condo in the gated Nau...	3 beds \| 2 baths \| 1,195 sq.ft.	$250,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 5.15% Airbnb Rental Income: $2883 Traditional Rental Income: $2194 Airbnb ROI: 5.23% Traditional ROI: 5.15%
146 Hombre Circle Panama City Beach, FL **ABSOLUTELY BEAUTIFUL** This AMAZING 4 bedroom 2.5 bath home has been BEAUTIFULLY REN...	4 beds \| 3 baths \| 2,940 sq.ft.	$629,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 2.63% Airbnb Rental Income: $3630 Traditional Rental Income: $2796 Airbnb ROI: 2.7% Traditional ROI: 2.63%
109 Marlin Circle Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' >>>> GORGEOUS HOME w/ POOL i...	3 beds \| 2 baths \| N/A	$674,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.15% Airbnb Rental Income: $2883 Traditional Rental Income: $2496 Airbnb ROI: 1.7% Traditional ROI: 2.15%
6213 Thomas Drive unit: 301 #301 Panama City Beach, FL Sun, Sand, and Relaxation! Welcome to Mariner West, a charming low-rise Gulf-front condomi...	1 beds \| 2 baths \| N/A	$395,000	Airbnb cash on cash: -5.26% Traditional cash on cash: -1.17% Airbnb Rental Income: $239 Traditional Rental Income: $1525 Airbnb ROI: -5.26% Traditional ROI: -1.17%
1808 Annabellas Drive Panama City Beach, FL Welcome to Annabella's Townhome Community, where comfort meets convenience. Thoughtfully l...	3 beds \| 2 baths \| 1,509 sq.ft.	$260,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 5.14% Airbnb Rental Income: $2883 Traditional Rental Income: $2031 Airbnb ROI: 5.88% Traditional ROI: 5.14%
6807 Sunset Avenue Panama City Beach, FL OPEN HOUSE \| Sunday, 8/31/25 \| 12-2 PMSeller offering $7,000 towards buyer's closing costs...	4 beds \| 3 baths \| 2,106 sq.ft.	$735,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 1.96% Airbnb Rental Income: $3630 Traditional Rental Income: $2689 Airbnb ROI: 2.18% Traditional ROI: 1.96%
17545 Front Beach Rd #1905 Panama City Beach, FL Come experience this West End of the beach gem! Emerald Isle is in a quiet area of Panama...	2 beds \| 2 baths \| 1,146 sq.ft.	$525,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.88% Airbnb Rental Income: $2304 Traditional Rental Income: $1801 Airbnb ROI: -1.02% Traditional ROI: -0.88%
217 Sands St Panama City Beach, FL Can you imagine owning your own beach house just ONE BLOCK from the pristine Gulf? This ex...	4 beds \| 3 baths \| 2,081 sq.ft.	$1,250,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.15% Airbnb Rental Income: $3834 Traditional Rental Income: $4836 Airbnb ROI: 0.57% Traditional ROI: 2.15%
6725 Harbour Boulevard Panama City Beach, FL Waterfront Living in a Serene Gated Community! Nestled in a quiet gated neighborhood, this...	3 beds \| 2 baths \| 1,378 sq.ft.	$345,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.51% Airbnb Rental Income: $2883 Traditional Rental Income: $2231 Airbnb ROI: 4.46% Traditional ROI: 4.51%
6627 Thomas Drive unit: 301 #301 Panama City Beach, FL Indulge in the pinnacle of coastal luxury at Sterling Beach. This expansive 3-bedroom, 3-b...	3 beds \| 3 baths \| 2,274 sq.ft.	$1,590,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.11% Airbnb Rental Income: $2883 Traditional Rental Income: $3995 Airbnb ROI: -1.09% Traditional ROI: 0.11%
17462 Front Beach Rd #78H Panama City Beach, FL MOTIVATED SELLER! Cute 1 BR 1 B 2nd floor condo with large master suite and master bath. ...	1 beds \| 1 baths \| 608 sq.ft.	$235,000	Airbnb cash on cash: -3.93% Traditional cash on cash: 0.59% Airbnb Rental Income: $239 Traditional Rental Income: $1014 Airbnb ROI: -3.93% Traditional ROI: 0.59%
182 Cathy Pl Panama City Beach, FL Welcome to 182 Cathy Place, a beautifully renovated coastal retreat perfectly positioned i...	4 beds \| 2 baths \| 1,560 sq.ft.	$575,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 2.31% Airbnb Rental Income: $3834 Traditional Rental Income: $2464 Airbnb ROI: 3.32% Traditional ROI: 2.31%
4301 Bay Point Road unit: 482 #482 Panama City Beach, FL Stylishly Remodeled Penthouse Condo in Bay Point! Newly priced and now offering OWNER FINA...	2 beds \| 2 baths \| 1,565 sq.ft.	$328,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.38% Airbnb Rental Income: $2203 Traditional Rental Income: $1828 Airbnb ROI: 1.79% Traditional ROI: 2.38%
413 La Valencia Cir Panama City Beach, FL This unique floor plan is located in desirable gated La Valencia and is literally STEPS to...	3 beds \| 3 baths \| 1,840 sq.ft.	$910,000	Airbnb cash on cash: 0.46% Traditional cash on cash: -0.08% Airbnb Rental Income: $3048 Traditional Rental Income: $1888 Airbnb ROI: 0.46% Traditional ROI: -0.08%

Real Estate investment in Panama-city-beach, FL

There are 1,830 properties for sale in the city of Panama City Beach . The median list price in Panama City Beach is $455,995 and the average price per square foot is $304. In February 2026, the average monthly cash on cash return in Panama City Beach is 2.00%. The average monthly rental income in Panama City Beach is $1,863.

Panama-city-beach, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 1,830 investment properties available for sale in Panama-city-beach.

In 2026, the best neighborhood to buy investment property is Panama City Beach.

The ROI for Long-Term is higher than the Short-Term in Panama-city-beach with average rental income of $1,863.

Your search for investment property begins and ends here

Investment Property for Sale in Panama City Beach, FL

921 Lighthouse Lagoon Court

Panama City Beach, FL

4 beds | 3 baths | N/A

$974,000

Airbnb cash on cash: 1%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $3630

Traditional Rental Income: $3304

Airbnb ROI: 1%

Traditional ROI: 1.51%

14701 Front Beach Rd #1931

Panama City Beach, FL

2 beds | 2 baths | 1,299 sq.ft.

$495,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $2304

Traditional Rental Income: $2056

Airbnb ROI: 2.03%

Traditional ROI: 2.73%

1112 Prospect Promenade unit: 201 #201

Panama City Beach, FL

4 beds | 4 baths | 2,365 sq.ft.

$679,995

Airbnb cash on cash: -1.05%

Traditional cash on cash: 0.17%

Airbnb Rental Income: $3834

Traditional Rental Income: $3782

Airbnb ROI: -1.05%

Traditional ROI: 0.17%

17690 Front Beach Rd #C207

Panama City Beach, FL

2 beds | 2 baths | 962 sq.ft.

$300,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $2304

Traditional Rental Income: $1363

Airbnb ROI: 2.25%

Traditional ROI: 0.94%

2400 Grandiflora Blvd

Panama City Beach, FL

3 beds | 3 baths | 1,823 sq.ft.

$499,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $2883

Traditional Rental Income: $3631

Airbnb ROI: -0.08%

Traditional ROI: 2.96%

1112 Prospect Promenade #201

Panama City Beach, FL

4 beds | 3 baths | 2,365 sq.ft.

$625,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: -1.02%

Airbnb Rental Income: $3834

Traditional Rental Income: $2601

Airbnb ROI: -0.39%

Traditional ROI: -1.02%

221 Sand Oak Boulevard

Panama City Beach, FL

3 beds | 2 baths | 1,560 sq.ft.

$324,900

Airbnb cash on cash: 4.8%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $3048

Traditional Rental Income: $2814

Airbnb ROI: 4.8%

Traditional ROI: 6.32%

4726 Bay Point Road

Panama City Beach, FL

1 beds | 2 baths | N/A

$319,000

Airbnb cash on cash: -3.18%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $239

Traditional Rental Income: $1903

Airbnb ROI: -3.18%