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.

Condos for Sale in Panama City Beach, FL

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

Showing 896 Condo 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
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%
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%
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%
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%
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%
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%
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%
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%
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%
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%
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%
7813 N Lagoon Drive unit: 4H #4H Panama City Beach, FL Wonderful Greenwood Estates Community located on Grand Lagoon. Greenwood Estates extensive...	2 beds \| 1 baths \| 720 sq.ft.	$229,500	Airbnb cash on cash: 3.09% Traditional cash on cash: 1.75% Airbnb Rental Income: $2203 Traditional Rental Income: $1355 Airbnb ROI: 3.09% Traditional ROI: 1.75%
8743 Thomas Drive unit: 309 #309 Panama City Beach, FL Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in th...	1 beds \| 2 baths \| 740 sq.ft.	$294,900	Airbnb cash on cash: -2.45% Traditional cash on cash: 4.77% Airbnb Rental Income: $239 Traditional Rental Income: $2015 Airbnb ROI: -2.45% Traditional ROI: 4.77%
17729 Front Beach Rd #1504E Panama City Beach, FL Luxe beachside living at Splash! Excellent rental income producer! Enjoy this beautiful co...	1 beds \| 2 baths \| 884 sq.ft.	$465,000	Airbnb cash on cash: -3.37% Traditional cash on cash: -0.36% Airbnb Rental Income: $239 Traditional Rental Income: $1321 Airbnb ROI: -3.37% Traditional ROI: -0.36%
17281 Front Beach Rd #602 Panama City Beach, FL LOWEST PRICED 3 BEDROOM unit in Palazzo! Bring All Offers! Recent Palazzo 3 bedroom sales ...	3 beds \| 3 baths \| 1,475 sq.ft.	$1,150,000	Airbnb cash on cash: -1.01% Traditional cash on cash: -1.63% Airbnb Rental Income: $3048 Traditional Rental Income: $1689 Airbnb ROI: -1.01% Traditional ROI: -1.63%
8700 Front Beach Road unit: 7107 #7107 Panama City Beach, FL Sellers ready to move out of state. FIRST FLOOR! Live in paradise in this beautiful resort...	2 beds \| 3 baths \| 1,325 sq.ft.	$279,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 2.22% Airbnb Rental Income: $2203 Traditional Rental Income: $1981 Airbnb ROI: 0.95% Traditional ROI: 2.22%
9900 S Thomas Drive unit: 1109 #1109 Panama City Beach, FL Step into one of Panama City Beach's most iconic resorts - Shores of Panama - and enjoy th...	1 beds \| 2 baths \| 845 sq.ft.	$349,000	Airbnb cash on cash: -2.98% Traditional cash on cash: 2.76% Airbnb Rental Income: $239 Traditional Rental Income: $1891 Airbnb ROI: -2.98% Traditional ROI: 2.76%
111 Carillon Market St Ste 303 Panama City Beach, FL This well designed, beautifully decorated, immaculate one bedroom condo in the Downtown ar...	1 beds \| 1 baths \| 810 sq.ft.	$390,000	Airbnb cash on cash: -4.76% Traditional cash on cash: -0.81% Airbnb Rental Income: $239 Traditional Rental Income: $1455 Airbnb ROI: -4.76% Traditional ROI: -0.81%
9902 S Thomas Drive unit: 335 #335 Panama City Beach, FL No elevator needed to get to this condo, just park on the 3rd floor and walk over! This pe...	1 beds \| 2 baths \| 1,047 sq.ft.	$240,000	Airbnb cash on cash: -6.66% Traditional cash on cash: 3% Airbnb Rental Income: $239 Traditional Rental Income: $2202 Airbnb ROI: -6.66% Traditional ROI: 3%
114 Carillon Market St #205 Panama City Beach, FL Great opportunity to own a serene beach getaway in the exclusive Carillon Beach Inn. Unit ...	1 beds \| 1 baths \| 530 sq.ft.	$309,000	Airbnb cash on cash: -4.64% Traditional cash on cash: 0.88% Airbnb Rental Income: $239 Traditional Rental Income: $1614 Airbnb ROI: -4.64% Traditional ROI: 0.88%
520 N Richard Jackson Boulevard unit: 1202 #1202 Panama City Beach, FL PRICE DROP & NEW BEDROOM FLOORING - carpet was removed!!! See last 2 pics This 1st floor 2...	2 beds \| 2 baths \| N/A	$349,000	Airbnb cash on cash: -2.2% Traditional cash on cash: -2.47% Airbnb Rental Income: $2203 Traditional Rental Income: $1559 Airbnb ROI: -2.2% Traditional ROI: -2.47%
17739 Front Beach Road #1007W Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSStep into your perfect coastal...	2 beds \| 2 baths \| 1,505 sq.ft.	$730,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 0.59% Airbnb Rental Income: $2304 Traditional Rental Income: $2648 Airbnb ROI: -0.75% Traditional ROI: 0.59%
17670 Front Beach Road unit: D4 #D4 Panama City Beach, FL Welcome to Southwind unit D4. This one bedroom, plus bunks condo is centrally located in w...	1 beds \| 1 baths \| 624 sq.ft.	$299,000	Airbnb cash on cash: -4.45% Traditional cash on cash: 0.7% Airbnb Rental Income: $239 Traditional Rental Income: $1459 Airbnb ROI: -4.45% Traditional ROI: 0.7%
14701 Front Beach Rd #536 Panama City Beach, FL Come see these spectacular view of the sugar white beach and emerald green waters of the G...	2 beds \| 2 baths \| 1,299 sq.ft.	$575,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 0.64% Airbnb Rental Income: $2304 Traditional Rental Income: $3025 Airbnb ROI: -1.77% Traditional ROI: 0.64%
17670 Front Beach Rd #C5 Panama City Beach, FL Welcome to Southwind C5. This well maintained unit is rental ready! Recent updates include...	2 beds \| 2 baths \| 864 sq.ft.	$284,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 0.59% Airbnb Rental Income: $2304 Traditional Rental Income: $1145 Airbnb ROI: 2.78% Traditional ROI: 0.59%
15928 Front Beach Rd #1101 Panama City Beach, FL First pre-construction condos in Panama City Beach in 10 years! Adjacent to Pier Park and ...	3 beds \| 3 baths \| 1,809 sq.ft.	$749,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.33% Airbnb Rental Income: $3048 Traditional Rental Income: $2815 Airbnb ROI: 0.67% Traditional ROI: 1.33%
15928 Front Beach Road unit: 1504 #1504 Panama City Beach, FL Elevated above the white sandy shoreline and emerald waters rests this one-bedroom, with G...	1 beds \| 2 baths \| N/A	$429,900	Airbnb cash on cash: -4.43% Traditional cash on cash: 1.22% Airbnb Rental Income: $239 Traditional Rental Income: $2286 Airbnb ROI: -4.43% Traditional ROI: 1.22%
23223 Front Beach Rd #A1-4 Panama City Beach, FL Sought after 2 bed/2.5 bath Penthouse with stunning views of the Gulf of Mexico from the m...	2 beds \| 1 baths \| 983 sq.ft.	$449,000	Airbnb cash on cash: -0.91% Traditional cash on cash: -2.56% Airbnb Rental Income: $2304 Traditional Rental Income: $1037 Airbnb ROI: -0.91% Traditional ROI: -2.56%
15100 Front Beach Rd #620 Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS..... This is the very best S...	N/A beds \| 1 baths \| 543 sq.ft.	$295,000	Airbnb cash on cash: -2.64% Traditional cash on cash: 2.39% Airbnb Rental Income: $441 Traditional Rental Income: $1574 Airbnb ROI: -2.64% Traditional ROI: 2.39%

Your search for investment property begins and ends here

Condos for Sale in Panama City Beach, FL

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%

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%

Traditional ROI: 3.13%

6422 W Highway 98 unit: 805 #805

Panama City Beach, FL

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%

10713 Front Beach Rd. unit: 1503 #1503

Panama City Beach, FL

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%