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.

Convent Station Investment Property for Sale in Panama City, FL

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

Showing 681 Convent Station Investment Property 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
1409 E 6th Court Panama City, FL Back on the market no fault to seller. Recently appraised at $260,000. Brand-new construct...	3 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 7.72% Traditional cash on cash: 6.95% Airbnb Rental Income: $2840 Traditional Rental Income: $1996 Airbnb ROI: 7.72% Traditional ROI: 6.95%
5106 Blue Harbor Drive Panama City, FL Gorgeous waterfront townhome with boat lift and brand-new jet ski lift! Don't miss this be...	3 beds \| 3 baths \| N/A	$545,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.04% Airbnb Rental Income: $2840 Traditional Rental Income: $2826 Airbnb ROI: 1.77% Traditional ROI: 3.04%
3104 E Heartleaf Avenue Panama City, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Discover this beautifully ma...	3 beds \| 2 baths \| N/A	$530,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.24% Airbnb Rental Income: $2840 Traditional Rental Income: $2783 Airbnb ROI: 2.02% Traditional ROI: 3.24%
1224 Finch Street Panama City, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS! Welcome to this beautiful ho...	4 beds \| 3 baths \| N/A	$525,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.26% Airbnb Rental Income: $3160 Traditional Rental Income: $2764 Airbnb ROI: 2.61% Traditional ROI: 3.26%
428 Wahoo Road Panama City, FL POSITIVE PRICE CHANGE! This amazing home has a VA assumable mortgage with a 2.875% interes...	3 beds \| 3 baths \| 2,169 sq.ft.	$514,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.44% Airbnb Rental Income: $2840 Traditional Rental Income: $2740 Airbnb ROI: 2.27% Traditional ROI: 3.44%
274 N Charlene Drive Panama City, FL CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 274 N. Charlene Dr...	3 beds \| 2 baths \| N/A	$330,000	Airbnb cash on cash: 5.16% Traditional cash on cash: 5.22% Airbnb Rental Income: $2840 Traditional Rental Income: $2195 Airbnb ROI: 5.16% Traditional ROI: 5.22%
930 Grace Avenue Panama City, FL You truly need to tour this home to see all that has been completed to make this such a be...	3 beds \| 3 baths \| N/A	$625,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.29% Airbnb Rental Income: $2840 Traditional Rental Income: $2752 Airbnb ROI: 2.31% Traditional ROI: 3.29%
8829 N Lagoon Drive Panama City, FL Welcome to Poseidon's Palace-a waterfront retreat blending laid-back coastal living with p...	4 beds \| 3 baths \| N/A	$1,125,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 1.91% Airbnb Rental Income: $3160 Traditional Rental Income: $3954 Airbnb ROI: 0.47% Traditional ROI: 1.91%
900 E 3rd Street Panama City, FL Charming Home in the Highly Sought-After Bunkers Cove Area! A house with all the Florida c...	3 beds \| 1 baths \| N/A	$289,000	Airbnb cash on cash: 6.6% Traditional cash on cash: 5.33% Airbnb Rental Income: $2840 Traditional Rental Income: $1832 Airbnb ROI: 6.6% Traditional ROI: 5.33%
2608 Redtail Street Panama City, FL Discover this beautiful all-brick home tucked away on a quiet cul-de-sac in one of the are...	4 beds \| 4 baths \| N/A	$545,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.44% Airbnb Rental Income: $3160 Traditional Rental Income: $2734 Airbnb ROI: 2.87% Traditional ROI: 3.44%
321 Michele Drive Panama City, FL Welcome to this charming 3-bedroom, 2-bath home located in the quiet Forest Walk neighborh...	3 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 5.06% Traditional cash on cash: 4.54% Airbnb Rental Income: $2840 Traditional Rental Income: $2020 Airbnb ROI: 5.06% Traditional ROI: 4.54%
5509 Merritt Brown Road Panama City, FL Motivated Sellers, come take a look today!! Welcome home to this bright and airy 3-bedroom...	3 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: 5.7% Traditional cash on cash: 4.87% Airbnb Rental Income: $2840 Traditional Rental Income: $1942 Airbnb ROI: 5.7% Traditional ROI: 4.87%
1604 Baldwin Rowe Circle Panama City, FL Move-In Ready & Updated! This centrally located 3 bedroom 2.5 bath LAKEFRONT unit is locat...	3 beds \| 3 baths \| 1,654 sq.ft.	$245,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 7.01% Airbnb Rental Income: $2840 Traditional Rental Income: $2332 Airbnb ROI: 6.34% Traditional ROI: 7.01%
5903 Sunset Avenue Panama City, FL Less than 5 minute walk to the GULF!, 4 bed/5 full bath & 3 balconies!!, Updated & Fully F...	4 beds \| 5 baths \| 2,464 sq.ft.	$950,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.81% Airbnb Rental Income: $3160 Traditional Rental Income: $4716 Airbnb ROI: 1.24% Traditional ROI: 3.81%
109 Concord Circle Panama City, FL BACK ON THE MARKET AT NO FAULT OF THE SELLER....3/2 with Extra Room newly remodeled home o...	3 beds \| 2 baths \| N/A	$331,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 5.18% Airbnb Rental Income: $2840 Traditional Rental Income: $2210 Airbnb ROI: 5.08% Traditional ROI: 5.18%
9902 S Thomas Drive unit: 936 #936 Panama City, FL This beautiful and spacious one bedroom unit at Laketown Wharf comes with bunk beds and tw...	1 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.56% Airbnb Rental Income: $1799 Traditional Rental Income: $2253 Airbnb ROI: -1.08% Traditional ROI: 2.56%
2605 Avondale Court Panama City, FL Welcome to 2605 Avondale! This MOVE IN READ 2 story home is located just off hwy 231 minut...	3 beds \| 3 baths \| N/A	$259,900	Airbnb cash on cash: 6.09% Traditional cash on cash: 5.37% Airbnb Rental Income: $2840 Traditional Rental Income: $2000 Airbnb ROI: 6.09% Traditional ROI: 5.37%
4043 Woodville Lane Panama City, FL Move in ready! Be prepared to be impressed! This 3 bedroom, 2 Bath home is at the end of a...	3 beds \| 2 baths \| N/A	$339,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.3% Airbnb Rental Income: $2840 Traditional Rental Income: $2155 Airbnb ROI: 4.37% Traditional ROI: 4.3%
3307 Kings Road Panama City, FL 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'Discover your DREAM home wit...	4 beds \| 2 baths \| 2,657 sq.ft.	$410,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 5.82% Airbnb Rental Income: $3160 Traditional Rental Income: $3053 Airbnb ROI: 4.24% Traditional ROI: 5.82%
9860 S Thomas Drive unit: 907 #907 Panama City, FL Own a Slice of Paradise at Laketown Wharf - Gulf-View Turnkey Investment! Discover the per...	2 beds \| 2 baths \| N/A	$365,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.56% Airbnb Rental Income: $2121 Traditional Rental Income: $2399 Airbnb ROI: -0.84% Traditional ROI: 1.56%
6402 Letohatchee Street Panama City, FL Currently under contract, the seller will consider backup offers. With an acceptable offer...	3 beds \| 2 baths \| N/A	$269,900	Airbnb cash on cash: 6.27% Traditional cash on cash: 5.7% Airbnb Rental Income: $2840 Traditional Rental Income: $2034 Airbnb ROI: 6.27% Traditional ROI: 5.7%
5820 Jasmine Ct Panama City, FL Welcome to Callaway Corners! You're going to love living so close to Tyndall AFB. Whether ...	3 beds \| 3 baths \| N/A	$280,500	Airbnb cash on cash: 6.55% Traditional cash on cash: 6.54% Airbnb Rental Income: $2840 Traditional Rental Income: $2175 Airbnb ROI: 6.55% Traditional ROI: 6.54%
1720 Sherman Avenue Panama City, FL Must Sell! Charming single story split bedroom Florida cottage located in central area of ...	3 beds \| 2 baths \| N/A	$269,000	Airbnb cash on cash: 6.53% Traditional cash on cash: 6.63% Airbnb Rental Income: $2840 Traditional Rental Income: $2204 Airbnb ROI: 6.53% Traditional ROI: 6.63%
9902 S Thomas Drive unit: 1237 #1237 Panama City, FL Unlock an exceptional investment opportunity in Panama City Beach, FL, with this beautiful...	1 beds \| 2 baths \| N/A	$280,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.3% Airbnb Rental Income: $1799 Traditional Rental Income: $2078 Airbnb ROI: 0.39% Traditional ROI: 3.3%
537 N 11th Street Panama City, FL Beautifully Renovated Home on 1.3 Acres of Privacy! Discover the perfect blend of charm an...	3 beds \| 2 baths \| N/A	$299,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 5.6% Airbnb Rental Income: $2840 Traditional Rental Income: $2077 Airbnb ROI: 5.96% Traditional ROI: 5.6%
4259 Dairy Farm Road Panama City, FL All Brick home located in a quiet established neighboorhood. Excellent Schools, close to s...	3 beds \| 2 baths \| 1,501 sq.ft.	$345,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.05% Airbnb Rental Income: $2840 Traditional Rental Income: $2045 Airbnb ROI: 4.46% Traditional ROI: 4.05%
319 Prudence Lane Panama City, FL Charming 3-Bedroom Home Just Minutes from the Beach!Welcome to 319 Prudence Lane, a beauti...	3 beds \| 2 baths \| 1,200 sq.ft.	$335,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 3.35% Airbnb Rental Income: $2840 Traditional Rental Income: $1778 Airbnb ROI: 4.62% Traditional ROI: 3.35%
9860 S Thomas Drive unit: 309 #309 Panama City, FL Gross Vacation Rental Projection $43,700-$59,950! Welcome to Laketown Wharf 309! Totally u...	3 beds \| 2 baths \| N/A	$365,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.22% Airbnb Rental Income: $2840 Traditional Rental Income: $2409 Airbnb ROI: 0.55% Traditional ROI: 1.22%
9860 S Thomas Drive unit: 825 #825 Panama City, FL $5,000 in FLEX dollars - use toward closing costs, rate buy down, future HOA dues. Welcome...	3 beds \| 2 baths \| 1,262 sq.ft.	$389,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 0.42% Airbnb Rental Income: $2840 Traditional Rental Income: $2166 Airbnb ROI: 0.45% Traditional ROI: 0.42%
5116 Blue Harbor Drive Panama City, FL Waterfront Living at Its Finest! This stunning end-unit townhome offers the perfect blend ...	3 beds \| 3 baths \| N/A	$515,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 3.97% Airbnb Rental Income: $2840 Traditional Rental Income: $3152 Airbnb ROI: 1.95% Traditional ROI: 3.97%
2222 W 29th Plaza Panama City, FL WATERFRONT A Rare Investor's Dream on Robinson Bayou - Waterfront Potential, Privacy, and ...	3 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 3.33% Airbnb Rental Income: $2840 Traditional Rental Income: $2216 Airbnb ROI: 3.24% Traditional ROI: 3.33%
1539 Donna Avenue Panama City, FL 3.125% assumable mortgage!!! Welcome to your dream home at the beach. This stunning S...	3 beds \| 2 baths \| 1,825 sq.ft.	$415,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.74% Airbnb Rental Income: $2840 Traditional Rental Income: $2200 Airbnb ROI: 3.68% Traditional ROI: 3.74%
5431 Nicole Boulevard Panama City, FL Updated Brick Home in Cherokee Heights! Welcome to this must-see home in one of Panama Cit...	3 beds \| 2 baths \| N/A	$340,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 4.09% Airbnb Rental Income: $2840 Traditional Rental Income: $1981 Airbnb ROI: 4.71% Traditional ROI: 4.09%
1301 Oakland Drive Panama City, FL Amazing investment opportunity or homestead. Central panama city fl walking distance to mu...	4 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 9.3% Traditional cash on cash: 6.99% Airbnb Rental Income: $3160 Traditional Rental Income: $1975 Airbnb ROI: 9.3% Traditional ROI: 6.99%
551 Blue Heron Drive Panama City, FL Discover this charming residence located at 551 Blue Heron Dr in Panama City, FL. This inv...	3 beds \| 2 baths \| N/A	$389,999	Airbnb cash on cash: 4.38% Traditional cash on cash: 4.52% Airbnb Rental Income: $2840 Traditional Rental Income: $2230 Airbnb ROI: 4.38% Traditional ROI: 4.52%
2409 Nicole Drive Panama City, FL Welcome to 2409 Nicole Drive - A Home Designed for Everyday Comfort and Enjoyment Life fee...	3 beds \| 2 baths \| N/A	$340,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 4.2% Airbnb Rental Income: $2840 Traditional Rental Income: $2115 Airbnb ROI: 4.4% Traditional ROI: 4.2%
3610 Conwick Drive Panama City, FL If you are looking for that unique Deer Point Lake Water View Home & Outdoor Paradise, the...	4 beds \| 4 baths \| N/A	$658,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.29% Airbnb Rental Income: $3160 Traditional Rental Income: $4950 Airbnb ROI: 2.21% Traditional ROI: 6.29%
213 S Berthe Avenue Panama City, FL Welcome to 213 S Berthe Avenue, a beautifully updated home situated on a spacious corner l...	2 beds \| 1 baths \| N/A	$199,000	Airbnb cash on cash: 5.89% Traditional cash on cash: 5.47% Airbnb Rental Income: $2121 Traditional Rental Income: $1498 Airbnb ROI: 5.89% Traditional ROI: 5.47%
3334 Ten Acre Road Panama City, FL Built in 2018, this beautifully maintained 4 bedroom, 2 bathroom home offers just under 18...	4 beds \| 2 baths \| N/A	$339,600	Airbnb cash on cash: 5.04% Traditional cash on cash: 4.37% Airbnb Rental Income: $3160 Traditional Rental Income: $2231 Airbnb ROI: 5.04% Traditional ROI: 4.37%
7333 Claudia's Way Panama City, FL This beautifully updated move-in-ready 3-bedroom, 2-bath home offers major updates for pea...	3 beds \| 2 baths \| N/A	$240,000	Airbnb cash on cash: 7.52% Traditional cash on cash: 6.35% Airbnb Rental Income: $2840 Traditional Rental Income: $1912 Airbnb ROI: 7.52% Traditional ROI: 6.35%

Your search for investment property begins and ends here

Convent Station Investment Property for Sale in Panama City, FL

1409 E 6th Court

Panama City, FL

3 beds | 2 baths | N/A

$250,000

Airbnb cash on cash: 7.72%

Traditional cash on cash: 6.95%

Airbnb Rental Income: $2840

Traditional Rental Income: $1996

Airbnb ROI: 7.72%

Traditional ROI: 6.95%

5106 Blue Harbor Drive

Panama City, FL

3 beds | 3 baths | N/A

$545,000

Airbnb cash on cash: 1.77%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $2840

Traditional Rental Income: $2826

Airbnb ROI: 1.77%

Traditional ROI: 3.04%

3104 E Heartleaf Avenue

Panama City, FL

3 beds | 2 baths | N/A

$530,000

Airbnb cash on cash: 2.02%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $2840

Traditional Rental Income: $2783

Airbnb ROI: 2.02%

Traditional ROI: 3.24%

1224 Finch Street

Panama City, FL

4 beds | 3 baths | N/A

$525,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $3160

Traditional Rental Income: $2764

Airbnb ROI: 2.61%

Traditional ROI: 3.26%

428 Wahoo Road

Panama City, FL

3 beds | 3 baths | 2,169 sq.ft.

$514,900

Airbnb cash on cash: 2.27%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $2840

Traditional Rental Income: $2740

Airbnb ROI: 2.27%

Traditional ROI: 3.44%

274 N Charlene Drive

Panama City, FL

3 beds | 2 baths | N/A

$330,000

Airbnb cash on cash: 5.16%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $2840

Traditional Rental Income: $2195

Airbnb ROI: 5.16%

Traditional ROI: 5.22%

930 Grace Avenue

Panama City, FL

3 beds | 3 baths | N/A

$625,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $2840

Traditional Rental Income: $2752

Airbnb ROI: 2.31%

Traditional ROI: 3.29%

8829 N Lagoon Drive

Panama City, FL

4 beds | 3 baths | N/A

$1,125,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $3160

Traditional Rental Income: $3954

Airbnb ROI: 0.47%