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.

Single Family Homes for Sale in Panama City Beach, FL

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

Showing 363 Single Family Residential 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
2319 Beech Street Panama City Beach, FL Welcome to your slice of paradise in Panama City Beach! This 2/1.5 is located in the Heart...	2 beds \| 2 baths \| 1,152 sq.ft.	$299,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 3.47% Airbnb Rental Income: $2391 Traditional Rental Income: $1599 Airbnb ROI: 4.19% Traditional ROI: 3.47%
4123 Nancee Drive Panama City Beach, FL Who doesn't want to stay in a castle by the sea? This professionally designed short-term r...	4 beds \| 3 baths \| 3,643 sq.ft.	$1,599,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.58% Airbnb Rental Income: $3901 Traditional Rental Income: $3733 Airbnb ROI: 0.13% Traditional ROI: 0.58%
118 Twilight Bay Drive Panama City Beach, FL Waterfront Luxury, Timeless Elegance & the Ultimate Florida Lifestyle! Some homes offer be...	4 beds \| 3 baths \| 4,034 sq.ft.	$875,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 1.73% Airbnb Rental Income: $3901 Traditional Rental Income: $3062 Airbnb ROI: 1.73% Traditional ROI: 1.73%
100 White Cap Way Panama City Beach, FL Peaceful porch mornings and convenient beach living come together at 100 White Cap Way! Ne...	3 beds \| 2 baths \| 1,360 sq.ft.	$350,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 3.6% Airbnb Rental Income: $2931 Traditional Rental Income: $1920 Airbnb ROI: 4.61% Traditional ROI: 3.6%
125 E Sonata Circle Panama City Beach, FL OPEN HOUSE SUNDAY 10/25 12-2! LOCATION! LOCATION! LOCATION! Super cute beach home with a g...	3 beds \| 3 baths \| 1,793 sq.ft.	$449,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.19% Airbnb Rental Income: $2931 Traditional Rental Income: $2692 Airbnb ROI: 3.15% Traditional ROI: 4.19%
6222 Pinetree Avenue Panama City Beach, FL $40,000 PRICE IMPROVEMENT! Welcome to this 3-bedroom, 2.5-bath Panama City Beach home offe...	3 beds \| 3 baths \| 1,601 sq.ft.	$449,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 2.6% Airbnb Rental Income: $2931 Traditional Rental Income: $2108 Airbnb ROI: 2.95% Traditional ROI: 2.6%
21504 Front Beach Road #11 Panama City Beach, FL Welcome to Panama Joe's--where the Florida Coastal Lifestyle meets exceptional vacation re...	4 beds \| 3 baths \| 2,111 sq.ft.	$1,374,900	Airbnb cash on cash: 0.38% Traditional cash on cash: -0.43% Airbnb Rental Income: $3901 Traditional Rental Income: $2029 Airbnb ROI: 0.38% Traditional ROI: -0.43%
8500 Grass Lake Ln Panama City Beach, FL Outdoor living at its best. Quiet, private and only 10 minutes to the emerald waters of P...	3 beds \| 3 baths \| 2,433 sq.ft.	$1,275,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.82% Airbnb Rental Income: $2931 Traditional Rental Income: $4027 Airbnb ROI: 0.32% Traditional ROI: 1.82%
513 Bainbridge Street Panama City Beach, FL Welcome to this well-kept 4-bedroom, 2.5-bathroom home in a highly sought-after and beauti...	4 beds \| 3 baths \| 2,266 sq.ft.	$475,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 3.5% Airbnb Rental Income: $3901 Traditional Rental Income: $2524 Airbnb ROI: 4.71% Traditional ROI: 3.5%
8994 Parrot Pl Panama City Beach, FL Gorgeous views and soothing Sunsets from this Stunning fully furnished Penthouse Level Con...	2 beds \| 2 baths \| 1,315 sq.ft.	$410,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 1.52% Airbnb Rental Income: $2391 Traditional Rental Income: $1769 Airbnb ROI: 1.61% Traditional ROI: 1.52%
155 Parkshore Dr Panama City Beach, FL 155 Parkshore Drive - 4 Bedroom 3.5 Bath Luxury Coastal Home in popular Carillon Beach. Th...	4 beds \| 3 baths \| 2,768 sq.ft.	$2,950,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -0.34% Airbnb Rental Income: $3901 Traditional Rental Income: $2936 Airbnb ROI: -0.3% Traditional ROI: -0.34%
508 Burnham Avenue Panama City Beach, FL Beautiful 3 Bedroom 2 bath split plan home with tons of natural light . This house offers ...	3 beds \| 2 baths \| 1,675 sq.ft.	$465,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 3.6% Airbnb Rental Income: $2931 Traditional Rental Income: $2472 Airbnb ROI: 3.1% Traditional ROI: 3.6%
21908 Belgrade Avenue Panama City Beach, FL SO CLOSE TO THE GULF! This beautifully furnished 3 story home comfortably sleeps 14 and is...	3 beds \| 3 baths \| 1,993 sq.ft.	$1,575,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 0.6% Airbnb Rental Income: $2931 Traditional Rental Income: $2880 Airbnb ROI: 0.17% Traditional ROI: 0.6%
16525 Front Beach Rd Panama City Beach, FL The ultimate location! This gulf front beach house is three-tenths of a mile from Pier Par...	6 beds \| 6 baths \| 3,735 sq.ft.	$4,500,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.96% Airbnb Rental Income: $4206 Traditional Rental Income: $8780 Airbnb ROI: -0.34% Traditional ROI: 0.96%
224 16th Street Panama City Beach, FL Stunning Coastal Craftsman Near the Beach on the West End of Panama City Beach. Turnkey In...	4 beds \| 4 baths \| 2,094 sq.ft.	$985,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 1.36% Airbnb Rental Income: $3901 Traditional Rental Income: $2924 Airbnb ROI: 1.51% Traditional ROI: 1.36%
22519 Lakeview Dr Panama City Beach, FL MOTIVATED SELLER, MAKE OFFER! ABSOLUTELY STUNNING HOME LOCATED STEPS FROM LAKE POWELL, AND...	4 beds \| 2 baths \| 2,119 sq.ft.	$619,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 1.76% Airbnb Rental Income: $3901 Traditional Rental Income: $2201 Airbnb ROI: 3.25% Traditional ROI: 1.76%
21806 Front Beach Rd Panama City Beach, FL 21806 Front Beach Rd, Panama City Beach, FL 32413 is a single family home built in 1970. T...	4 beds \| 2 baths \| 1,480 sq.ft.	$1,200,000	Airbnb cash on cash: 0.78% Traditional cash on cash: -0.4% Airbnb Rental Income: $3901 Traditional Rental Income: $1751 Airbnb ROI: 0.78% Traditional ROI: -0.4%
128 Bonaire Drive Panama City Beach, FL Welcome to 128 Bonaire Drive, the home at the beach that you have been wanting to see hit ...	3 beds \| 2 baths \| 1,336 sq.ft.	$475,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.34% Airbnb Rental Income: $2931 Traditional Rental Income: $2490 Airbnb ROI: 2.8% Traditional ROI: 3.34%
22605 Sunset Ave Panama City Beach, FL As cute as can be! Located on far West end of Panama City Beach and 597 steps to the beach...	2 beds \| 2 baths \| 1,104 sq.ft.	$475,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 2.14% Airbnb Rental Income: $2391 Traditional Rental Income: $1566 Airbnb ROI: 2.67% Traditional ROI: 2.14%
307 Turtle Cove Panama City Beach, FL Welcome to Turtle Cove at Lake Powell on the west end of Panama City Beach! This spacious ...	3 beds \| 3 baths \| 2,172 sq.ft.	$649,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 1.64% Airbnb Rental Income: $2931 Traditional Rental Income: $2506 Airbnb ROI: 1.22% Traditional ROI: 1.64%
131 Coral Dr Panama City Beach, FL This home is in a great location on the West end near Highway 79, beaches, Pier Park and 3...	3 beds \| 2 baths \| 1,528 sq.ft.	$529,500	Airbnb cash on cash: 3.04% Traditional cash on cash: 2.21% Airbnb Rental Income: $2931 Traditional Rental Income: $1841 Airbnb ROI: 3.04% Traditional ROI: 2.21%
319 Pinetree Drive Panama City Beach, FL YES, you can have it ALL! This beautiful beach house is ready to be your next primary resi...	4 beds \| 3 baths \| 1,969 sq.ft.	$849,999	Airbnb cash on cash: 1.72% Traditional cash on cash: 0.98% Airbnb Rental Income: $3901 Traditional Rental Income: $2479 Airbnb ROI: 1.72% Traditional ROI: 0.98%
6111 Hilltop Avenue Panama City Beach, FL 'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Welcome to this beautifully mai...	3 beds \| 2 baths \| 1,828 sq.ft.	$569,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 2.65% Airbnb Rental Income: $2931 Traditional Rental Income: $2363 Airbnb ROI: 2.45% Traditional ROI: 2.65%
123 Serenade Ln Panama City Beach, FL MOTIVATED SELLER! BRING ALL OFFERS! DONT MISS OUT ON YOUR CHANCE TO OWN PARADISE! Need som...	4 beds \| 3 baths \| 2,884 sq.ft.	$719,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 2.58% Airbnb Rental Income: $3901 Traditional Rental Income: $2896 Airbnb ROI: 2.82% Traditional ROI: 2.58%
303 Hibiscus Avenue Panama City Beach, FL PANAMA CITY BEACH LIVING \| NO HOA \| 6-PASSENGER GOLF CART INCLUDED \| FULLY FURNISHED \| WAL...	2 beds \| 2 baths \| 1,008 sq.ft.	$374,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 2.39% Airbnb Rental Income: $2391 Traditional Rental Income: $1586 Airbnb ROI: 3.01% Traditional ROI: 2.39%
334 Summerwood Dr Panama City Beach, FL $10,000 PRICE REDUCTION.......This is a 3bd PLUS OFFICE (really feels like a 4bd home) wit...	3 beds \| 2 baths \| 1,869 sq.ft.	$419,500	Airbnb cash on cash: 3.95% Traditional cash on cash: 3.05% Airbnb Rental Income: $2931 Traditional Rental Income: $1899 Airbnb ROI: 3.95% Traditional ROI: 3.05%
22005 Belgrade Ave Panama City Beach, FL 22005 Belgrade Ave, Panama City Beach, FL 32413 \| Single Family Residential	6 beds \| 5 baths \| 3,510 sq.ft.	$1,470,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.88% Airbnb Rental Income: $4206 Traditional Rental Income: $6011 Airbnb ROI: 0.9% Traditional ROI: 2.88%
101 Palm Harbour Boulevard Panama City Beach, FL Nestled in a quiet cul-de-sac just off North Lagoon Drive, this beautifully maintained 3-b...	3 beds \| 3 baths \| 1,930 sq.ft.	$435,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 5.23% Airbnb Rental Income: $2931 Traditional Rental Income: $2894 Airbnb ROI: 3.66% Traditional ROI: 5.23%
14205 Millcole Ave Panama City Beach, FL MOTIVATED SELLER BRING ALL OFFERS IN WRITING. Beautiful Home WITH GULF VIEWS . YES THIS I...	3 beds \| 2 baths \| 2,068 sq.ft.	$550,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.18% Airbnb Rental Income: $2931 Traditional Rental Income: $2964 Airbnb ROI: 2.8% Traditional ROI: 4.18%
113 N Vestavia St Panama City Beach, FL Discover charm and comfort in this adorable beach cottage on the coveted West end of Panam...	2 beds \| 1 baths \| 840 sq.ft.	$309,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 5.75% Airbnb Rental Income: $2391 Traditional Rental Income: $2161 Airbnb ROI: 4.52% Traditional ROI: 5.75%
22504 Front Beach Rd Panama City Beach, FL Imagine sipping cocktails at your seamless indoor-outdoor bar, refreshing with a dip in yo...	3 beds \| 3 baths \| 2,098 sq.ft.	$1,695,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.22% Airbnb Rental Income: $2931 Traditional Rental Income: $2931 Airbnb ROI: -0.21% Traditional ROI: 0.22%
3504 Dragon's Ridge Road Panama City Beach, FL Wake up to pristine fairway views, spend your morning on the only Nicklaus Design Course i...	4 beds \| 3 baths \| 3,055 sq.ft.	$875,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.36% Airbnb Rental Income: $3901 Traditional Rental Income: $3701 Airbnb ROI: 1.58% Traditional ROI: 2.36%
76 Gulf View Drive Panama City Beach, FL Half-block to the Gulf--sunset views, strong rental appeal, and the beach lifestyle buyers...	3 beds \| 2 baths \| 1,568 sq.ft.	$699,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 1.32% Airbnb Rental Income: $2931 Traditional Rental Income: $2324 Airbnb ROI: 1.21% Traditional ROI: 1.32%
21224 Front Beach Rd Panama City Beach, FL Text the word 21224FBR to 850-307-5024 for an instant link with more pictures, information...	2 beds \| 1 baths \| 804 sq.ft.	$1,100,000	Airbnb cash on cash: -0.21% Traditional cash on cash: -0.74% Airbnb Rental Income: $2391 Traditional Rental Income: $1265 Airbnb ROI: -0.21% Traditional ROI: -0.74%
612 E Gulf Blvd Panama City Beach, FL Rare opportunity to own an upscale, high quality home built in 2021, mere steps from the s...	4 beds \| 3 baths \| 2,801 sq.ft.	$950,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.63% Airbnb Rental Income: $3901 Traditional Rental Income: $4205 Airbnb ROI: 2.34% Traditional ROI: 3.63%
21802 Front Beach Rd Panama City Beach, FL Text the word 21802FBR to 850-307-5024 for an instant link with more pictures, information...	2 beds \| 1 baths \| 884 sq.ft.	$1,100,000	Airbnb cash on cash: -0.21% Traditional cash on cash: -0.83% Airbnb Rental Income: $2391 Traditional Rental Income: $1171 Airbnb ROI: -0.21% Traditional ROI: -0.83%
214 Summerwood Dr Panama City Beach, FL 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' UPDATED! Beautiful 3BR/2BA...	3 beds \| 2 baths \| 1,658 sq.ft.	$469,999	Airbnb cash on cash: 3.4% Traditional cash on cash: 4.88% Airbnb Rental Income: $2931 Traditional Rental Income: $2906 Airbnb ROI: 3.4% Traditional ROI: 4.88%
213 Biltmore Place Panama City Beach, FL OPEN HOUSE Sunday 11/8/2026 12pm-2pm One-of-a-Kind Luxury in Palmetto Trace \| Panama City ...	4 beds \| 3 baths \| 2,297 sq.ft.	$685,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.33% Airbnb Rental Income: $3901 Traditional Rental Income: $3416 Airbnb ROI: 2.78% Traditional ROI: 3.33%
209 S Wells Street Panama City Beach, FL Step back in time and discover the charm, character, and history of this unique coastal co...	3 beds \| 2 baths \| 952 sq.ft.	$420,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.15% Airbnb Rental Income: $2931 Traditional Rental Income: $1977 Airbnb ROI: 3.85% Traditional ROI: 3.15%
201 Circle Drive Panama City Beach, FL Discover a turnkey investment opportunity in the heart of Laguna Beach! This beautifully r...	4 beds \| 4 baths \| 2,404 sq.ft.	$774,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.05% Airbnb Rental Income: $3901 Traditional Rental Income: $3592 Airbnb ROI: 2.31% Traditional ROI: 3.05%

Your search for investment property begins and ends here

Single Family Homes for Sale in Panama City Beach, FL

2319 Beech Street

Panama City Beach, FL

2 beds | 2 baths | 1,152 sq.ft.

$299,000

Airbnb cash on cash: 4.19%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $2391

Traditional Rental Income: $1599

Airbnb ROI: 4.19%

Traditional ROI: 3.47%

4123 Nancee Drive

Panama City Beach, FL

4 beds | 3 baths | 3,643 sq.ft.

$1,599,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $3901

Traditional Rental Income: $3733

Airbnb ROI: 0.13%

Traditional ROI: 0.58%

118 Twilight Bay Drive

Panama City Beach, FL

4 beds | 3 baths | 4,034 sq.ft.

$875,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $3901

Traditional Rental Income: $3062

Airbnb ROI: 1.73%

Traditional ROI: 1.73%

100 White Cap Way

Panama City Beach, FL

3 beds | 2 baths | 1,360 sq.ft.

$350,000

Airbnb cash on cash: 4.61%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $2931

Traditional Rental Income: $1920

Airbnb ROI: 4.61%

Traditional ROI: 3.6%

125 E Sonata Circle

Panama City Beach, FL

3 beds | 3 baths | 1,793 sq.ft.

$449,900

Airbnb cash on cash: 3.15%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $2931

Traditional Rental Income: $2692

Airbnb ROI: 3.15%

Traditional ROI: 4.19%

6222 Pinetree Avenue

Panama City Beach, FL

3 beds | 3 baths | 1,601 sq.ft.

$449,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $2931

Traditional Rental Income: $2108

Airbnb ROI: 2.95%

Traditional ROI: 2.6%

21504 Front Beach Road #11

Panama City Beach, FL

4 beds | 3 baths | 2,111 sq.ft.

$1,374,900

Airbnb cash on cash: 0.38%

Traditional cash on cash: -0.43%

Airbnb Rental Income: $3901

Traditional Rental Income: $2029

Airbnb ROI: 0.38%

Traditional ROI: -0.43%

8500 Grass Lake Ln

Panama City Beach, FL

3 beds | 3 baths | 2,433 sq.ft.

$1,275,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2931

Traditional Rental Income: $4027

Airbnb ROI: 0.32%