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 153 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
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: -0.9% Traditional cash on cash: 1.27% Airbnb Rental Income: $1739 Traditional Rental Income: $3982 Airbnb ROI: -0.9% Traditional ROI: 1.27%
610 Dolphin Drive Panama City Beach, FL Welcome to this beautifully updated 3BR/2BA home located on the desirable West End of Pana...	3 beds \| 2 baths \| 1,282 sq.ft.	$374,500	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.14% Airbnb Rental Income: $1279 Traditional Rental Income: $2249 Airbnb ROI: 0.24% Traditional ROI: 4.14%
559 Wahoo Road Panama City Beach, FL Rare opportunity in Bay Point!! Deepwater canal home with water views from BOTH the front ...	3 beds \| 2 baths \| 2,122 sq.ft.	$1,500,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 0.15% Airbnb Rental Income: $1279 Traditional Rental Income: $3068 Airbnb ROI: -1.43% Traditional ROI: 0.15%
6725 Harbour Boulevard Panama City Beach, FL Open house Saturday 4/25 11am - 2pm Waterfront Living in a Serene Gated Community! Ne...	3 beds \| 2 baths \| 1,378 sq.ft.	$339,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.72% Airbnb Rental Income: $1279 Traditional Rental Income: $2591 Airbnb ROI: 0.36% Traditional ROI: 5.72%
5701 S Lagoon Drive Panama City Beach, FL This beautifully updated 3-bedroom, 2-bathroom home is just a quick golf cart ride from th...	3 beds \| 2 baths \| 2,292 sq.ft.	$430,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.12% Airbnb Rental Income: $1279 Traditional Rental Income: $2629 Airbnb ROI: -0.23% Traditional ROI: 4.12%
9129 Abba Lane Panama City Beach, FL No HOA \| Boat & RV Parking \| Large Fenced Yard \| Near Navy Base Welcome to this move-in re...	3 beds \| 2 baths \| 1,468 sq.ft.	$425,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.06% Airbnb Rental Income: $1279 Traditional Rental Income: $2045 Airbnb ROI: 0.13% Traditional ROI: 3.06%
129 Terrapin Close Panama City Beach, FL Positioned on a spacious corner lot with green space in front and a wooded buffer behind, ...	3 beds \| 3 baths \| 1,842 sq.ft.	$549,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.69% Airbnb Rental Income: $1279 Traditional Rental Income: $2546 Airbnb ROI: -0.57% Traditional ROI: 2.69%
263 Lullwater Drive Panama City Beach, FL 4/3 single family home in El Centro Beach, Panama City Beach. 150 ft lakefront, renovated ...	4 beds \| 3 baths \| 2,419 sq.ft.	$990,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.05% Airbnb Rental Income: $1777 Traditional Rental Income: $3440 Airbnb ROI: -0.28% Traditional ROI: 2.05%
514 Lake Powell Drive Panama City Beach, FL Located on the quiet west end of Panama City Beach, close to Carillon, Camp Helen, and Lak...	3 beds \| 2 baths \| 1,368 sq.ft.	$511,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.82% Airbnb Rental Income: $1279 Traditional Rental Income: $2835 Airbnb ROI: -0.28% Traditional ROI: 3.82%
5303 Hopetown Lane Panama City Beach, FL Welcome to a truly exceptional home in the prestigious, gated beach community of Martiniqu...	3 beds \| 4 baths \| 2,692 sq.ft.	$775,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 2.54% Airbnb Rental Income: $1279 Traditional Rental Income: $3550 Airbnb ROI: -1.16% Traditional ROI: 2.54%
508 Burnham Avenue Panama City Beach, FL Beautiful and inviting 3 bedroom 2 full bath; split plan home, designed for comfort , priv...	3 beds \| 2 baths \| 1,675 sq.ft.	$520,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.12% Airbnb Rental Income: $1279 Traditional Rental Income: $2472 Airbnb ROI: -0.16% Traditional ROI: 3.12%
4127 Nancee Drive Panama City Beach, FL Gulf Front! newly remodeled, this charming coastal cottage sits on one of the quietest str...	3 beds \| 3 baths \| 2,000 sq.ft.	$2,325,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.04% Airbnb Rental Income: $1279 Traditional Rental Income: $2994 Airbnb ROI: -0.94% Traditional ROI: 0.04%
611 Granada Circle Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Attention Investors! Don't mi...	3 beds \| 2 baths \| 1,722 sq.ft.	$725,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.95% Airbnb Rental Income: $1279 Traditional Rental Income: $3290 Airbnb ROI: -0.62% Traditional ROI: 2.95%
2601 Oak Street Panama City Beach, FL PRICE IMPROVEMENT - Exceptional value on the East End of Panama City Beach. Rarely availab...	3 beds \| 2 baths \| 1,457 sq.ft.	$439,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.43% Airbnb Rental Income: $1279 Traditional Rental Income: $2276 Airbnb ROI: 0.02% Traditional ROI: 3.43%
1640 Vecuna Circle Panama City Beach, FL LOWEST PRICED 2 Bedroom Home on the ENTIRE East Side of the Beach!!! Seize the opportunity...	2 beds \| 2 baths \| 1,286 sq.ft.	$320,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.36% Airbnb Rental Income: $935 Traditional Rental Income: $2307 Airbnb ROI: -0.34% Traditional ROI: 5.36%
410 Warren Bayou Lane Panama City Beach, FL Experience elevated coastal living in this highly coveted Trigger floor plan built by Samu...	3 beds \| 2 baths \| 1,630 sq.ft.	$474,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.36% Airbnb Rental Income: $1279 Traditional Rental Income: $2147 Airbnb ROI: -0.49% Traditional ROI: 2.36%
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.	$500,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.14% Airbnb Rental Income: $1279 Traditional Rental Income: $2490 Airbnb ROI: -0.31% Traditional ROI: 3.14%
8613 Marlin Place Panama City Beach, FL Affordable beach living in Panama City Beach within a gated community offering a community...	3 beds \| 3 baths \| 1,536 sq.ft.	$325,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.73% Airbnb Rental Income: $1279 Traditional Rental Income: $2339 Airbnb ROI: -0.05% Traditional ROI: 4.73%
2200 Dorothy Avenue Panama City Beach, FL Seller is offering a $10,000 credit to the buyer, which can be applied toward an interest ...	3 beds \| 3 baths \| 1,638 sq.ft.	$416,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.38% Airbnb Rental Income: $1279 Traditional Rental Income: $2467 Airbnb ROI: 0.31% Traditional ROI: 4.38%
113 Bid A Wee Court Panama City Beach, FL Coastal comfort meets prime location in sought-after Bid-A-Wee Beach. This is an amazing g...	3 beds \| 2 baths \| 1,505 sq.ft.	$539,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.21% Airbnb Rental Income: $1279 Traditional Rental Income: $2169 Airbnb ROI: -0.35% Traditional ROI: 2.21%
321 Prudence Lane Panama City Beach, FL Charming home in the desirable North Lagoon area, ideally situated on a large lot in a pri...	3 beds \| 2 baths \| 1,518 sq.ft.	$379,999	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.15% Airbnb Rental Income: $1279 Traditional Rental Income: $2553 Airbnb ROI: 0.45% Traditional ROI: 5.15%
224 Coquina Shell Way Panama City Beach, FL New Roof Oct 2025. Come and see this beautiful completely furnished 3 bedroom 2 bath home ...	3 beds \| 2 baths \| 1,308 sq.ft.	$345,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.48% Airbnb Rental Income: $1279 Traditional Rental Income: $2199 Airbnb ROI: 0.4% Traditional ROI: 4.48%
112 Riviera Drive Panama City Beach, FL Don't miss out on this exceptional home at 112 Riviera Drive, Panama City Beach, FL 32413....	4 beds \| 4 baths \| 2,613 sq.ft.	$1,099,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.7% Airbnb Rental Income: $1777 Traditional Rental Income: $3210 Airbnb ROI: -1.18% Traditional ROI: 0.7%
411 La Valencia Circle Panama City Beach, FL GULF VIEWS...This home sits on a nicely sized lot that the owner can build another guest h...	4 beds \| 5 baths \| 3,788 sq.ft.	$2,149,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.1% Airbnb Rental Income: $1777 Traditional Rental Income: $6296 Airbnb ROI: -1.41% Traditional ROI: 1.1%
1827 Flagg Avenue Panama City Beach, FL Welcome to your next opportunity on Flagg Street whether you're searching for a primary re...	3 beds \| 2 baths \| 2,130 sq.ft.	$425,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.47% Airbnb Rental Income: $1279 Traditional Rental Income: $2649 Airbnb ROI: 0.02% Traditional ROI: 4.47%
125 Smugglers Cove Court Panama City Beach, FL Tucked into the highly sought after west end subdivision of Lakes at Summer Breeze, this c...	5 beds \| 4 baths \| 3,329 sq.ft.	$1,100,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.95% Airbnb Rental Income: $1739 Traditional Rental Income: $4811 Airbnb ROI: -0.52% Traditional ROI: 2.95%
120 Christmas Tree Lane Panama City Beach, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Location, Location, Location...	3 beds \| 3 baths \| 1,470 sq.ft.	$625,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.11% Airbnb Rental Income: $1279 Traditional Rental Income: $2216 Airbnb ROI: -0.19% Traditional ROI: 2.11%
16910 Castile Avenue Panama City Beach, FL Completely gut-renovated in Fall 2025, 16910 Castile Avenue is one of Panama City Beach's ...	3 beds \| 2 baths \| 1,517 sq.ft.	$324,990	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.89% Airbnb Rental Income: $1279 Traditional Rental Income: $2460 Airbnb ROI: 0.71% Traditional ROI: 5.89%
22811 Panama City Beach Parkway #12 Panama City Beach, FL Welcome to this beautifully updated two-story home located in a sought-after gated communi...	4 beds \| 3 baths \| 2,672 sq.ft.	$1,200,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.97% Airbnb Rental Income: $1777 Traditional Rental Income: $3243 Airbnb ROI: -0.78% Traditional ROI: 0.97%
1224 W Lakewalk Circle Panama City Beach, FL Welcome to a home where modern design meets relaxed coastal living. This stunning Craftsma...	3 beds \| 3 baths \| 2,354 sq.ft.	$815,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.29% Airbnb Rental Income: $1279 Traditional Rental Income: $2824 Airbnb ROI: -1.28% Traditional ROI: 1.29%
109 Heron Turn Panama City Beach, FL 3BR/2.5BA home in The Glades in Panama City Beach. Pond-front with screened heated pool. R...	3 beds \| 3 baths \| 2,190 sq.ft.	$625,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.09% Airbnb Rental Income: $1279 Traditional Rental Income: $2963 Airbnb ROI: -0.49% Traditional ROI: 3.09%
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: -0.9% Traditional cash on cash: 1.32% Airbnb Rental Income: $1279 Traditional Rental Income: $2324 Airbnb ROI: -0.9% Traditional ROI: 1.32%
5329 Hopetown Lane Panama City Beach, FL Not every beach home has to be surrounded by tourists. Welcome to coastal elegance at 5329...	4 beds \| 3 baths \| 2,600 sq.ft.	$769,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.04% Airbnb Rental Income: $1777 Traditional Rental Income: $2930 Airbnb ROI: -0.25% Traditional ROI: 2.04%
330 Palm Drive Panama City Beach, FL Welcome to 330 Palm Drive--an exceptional opportunity in the highly sought-after west end ...	3 beds \| 2 baths \| 1,634 sq.ft.	$712,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.04% Airbnb Rental Income: $1279 Traditional Rental Income: $1973 Airbnb ROI: -0.61% Traditional ROI: 1.04%
209 S Wells Street Panama City Beach, FL This is a special quaint cottage style home with a unique history. It is located 1.5 block...	3 beds \| 2 baths \| 952 sq.ft.	$449,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.88% Airbnb Rental Income: $1279 Traditional Rental Income: $1977 Airbnb ROI: 0.27% Traditional ROI: 2.88%
123 Moonraker Circle Panama City Beach, FL LOCATION LOCATION LOCATION! Enjoy serene water views from the back porch, featuring a spac...	4 beds \| 3 baths \| 2,191 sq.ft.	$524,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.93% Airbnb Rental Income: $1777 Traditional Rental Income: $3082 Airbnb ROI: 0.29% Traditional ROI: 3.93%
237 S Glades Trail Panama City Beach, FL OPEN HOUSE SUN 3/29 11am -1pm ''Paradise'' perfectly re-imagined: Welcome to 237 S Gl...	3 beds \| 2 baths \| 1,671 sq.ft.	$459,000	Airbnb cash on cash: 0% Traditional cash on cash: 4.33% Airbnb Rental Income: $1279 Traditional Rental Income: $2737 Airbnb ROI: 0% Traditional ROI: 4.33%
223 Woodlawn Court Panama City Beach, FL Welcome to Woodlawn, one of Panama City Beach's most sought-after neighborhoods! This beau...	3 beds \| 2 baths \| 1,202 sq.ft.	$335,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.01% Airbnb Rental Income: $1279 Traditional Rental Income: $2279 Airbnb ROI: 0.56% Traditional ROI: 5.01%
2838 Laurie Avenue Panama City Beach, FL HUGE PRICE IMPROVEMENT. Ready to sell! Discover the perfect blend of investment potential ...	3 beds \| 2 baths \| 1,722 sq.ft.	$449,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.97% Airbnb Rental Income: $1279 Traditional Rental Income: $2643 Airbnb ROI: 0.78% Traditional ROI: 4.97%
5309 Gulf Drive Panama City Beach, FL Charming coastal retreat with timeless beach-house appeal, ideally located on the highly s...	4 beds \| 3 baths \| 1,786 sq.ft.	$2,695,000	Airbnb cash on cash: -1.25% Traditional cash on cash: -0.64% Airbnb Rental Income: $1777 Traditional Rental Income: $2811 Airbnb ROI: -1.25% Traditional ROI: -0.64%

Your search for investment property begins and ends here

Single Family Homes for Sale in Panama City Beach, FL

522 Lyndell Lane

Panama City Beach, FL

5 beds | 3 baths | 2,916 sq.ft.

$1,349,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 1.27%

Airbnb Rental Income: $1739

Traditional Rental Income: $3982

Airbnb ROI: -0.9%

Traditional ROI: 1.27%

610 Dolphin Drive

Panama City Beach, FL

3 beds | 2 baths | 1,282 sq.ft.

$374,500

Airbnb cash on cash: 0.24%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $1279

Traditional Rental Income: $2249

Airbnb ROI: 0.24%

Traditional ROI: 4.14%

559 Wahoo Road

Panama City Beach, FL

3 beds | 2 baths | 2,122 sq.ft.

$1,500,000

Airbnb cash on cash: -1.43%

Traditional cash on cash: 0.15%

Airbnb Rental Income: $1279

Traditional Rental Income: $3068

Airbnb ROI: -1.43%

Traditional ROI: 0.15%

6725 Harbour Boulevard

Panama City Beach, FL

3 beds | 2 baths | 1,378 sq.ft.

$339,900

Airbnb cash on cash: 0.36%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1279

Traditional Rental Income: $2591

Airbnb ROI: 0.36%

Traditional ROI: 5.72%

5701 S Lagoon Drive

Panama City Beach, FL

3 beds | 2 baths | 2,292 sq.ft.

$430,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 4.12%

Airbnb Rental Income: $1279

Traditional Rental Income: $2629

Airbnb ROI: -0.23%

Traditional ROI: 4.12%

9129 Abba Lane

Panama City Beach, FL

3 beds | 2 baths | 1,468 sq.ft.

$425,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1279

Traditional Rental Income: $2045

Airbnb ROI: 0.13%

Traditional ROI: 3.06%

129 Terrapin Close

Panama City Beach, FL

3 beds | 3 baths | 1,842 sq.ft.

$549,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $1279

Traditional Rental Income: $2546

Airbnb ROI: -0.57%

Traditional ROI: 2.69%

263 Lullwater Drive

Panama City Beach, FL

4 beds | 3 baths | 2,419 sq.ft.

$990,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $1777

Traditional Rental Income: $3440

Airbnb ROI: -0.28%