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INVESTMENT OPPORTUNITY -- FOUR FULLY OCCUPIED RENTAL UNITS! 209 Sherman Ave features four currently occupied apartment units, generating $750 per unit per month, or $3,000 in gross monthly rental income / $36,000 annually. Each unit is individually metered. Owner-reported utilities average approximately $250/month. Property taxes are approximately $2,500 annually. The property consists of two buildings on approximately 0.23 acres with off-street parking. Built in 1947, the property offers an established rental setup with four income-producing units in a convenient Panama City location. Strong opportunity for an investor seeking existing rental income and an occupied multifamily property. Buyer to verify all unit count, square footage, room dimensions, rental income, expenses, utility arrangements, taxes, insurance, zoning, permits, property condition and all other information deemed important by buyer.

Panama City

209 Sherman Avenue

4 Beds

4 Baths

1,920 Sq.Ft.

$250,000

MLS#: 1012259

**TO-BE-BUILT LOT** PICK YOUR FINISHES! $15K FLEX CASH TOWARDS DESIGN OPTIONS, RATE BUY-DOWN, OR CLOSING COSTS! Welcome to The Eyrie, a thoughtfully curated new community where refined living, natural beauty, and everyday convenience come together. Nestled just off Mack Bayou, this intimate neighborhood encompasses 32 thoughtfully planned homesites, offering a sense of privacy, space, and a seamless connection to the surrounding landscape.

Ideally located just a short drive from the iconic 30A corridor, The Eyrie places you near some of the Emerald Coast's most cherished destinations while providing a peaceful, nature-inspired setting to call home. Designed to complement its surroundings, the community features a serene pond and a natural palette of earthy tones that reflect the beauty of the area.

The Chopin floor plan offers 5 bedrooms and 4.5 baths, thoughtfully designed to accommodate both everyday living and effortless entertaining. A highly desirable first-floor bedroom provides flexibility for guests or multigenerational living, while the open-concept main living area features soaring 10ft ceilings and an abundance of natural light. Upstairs, an impressive loft offers versatile additional space that can be tailored to suit your lifestyle, perfect for a media room, home office, playroom, or additional gathering area. A bright and inviting sunroom provides a peaceful retreat with views toward the surrounding natural setting. The thoughtfully designed kitchen features ceiling-height cabinetry, quartz countertops, and a stainless-steel gas range with a vented hood. Quartz countertops continue throughout the home, creating a cohesive and elevated aesthetic. High-end finishes come standard, including a durable metal roof, impact-rated windows and doors, luxury vinyl plank flooring throughout all common areas and bedrooms, and 8ft interior doors.

Homeowners also have the opportunity to personalize their residence during the design appointment by selecting from available finishes and upgrades, allowing each home to be uniquely tailored to its owners.

Prices may vary based on lot selection and available upgrades. This listing reflects the base price of the home. Photos are representative and are not of the exact home. Home is not furnished.

Santa Rosa Beach

22 W Staver Lane Lot 2

5 Beds

4 Baths

2,672 Sq.Ft.

$693,000

MLS#: 1012222

Santa Rosa Beach

76 Gulfview Heights Street

6 Beds

5 Baths

2,748 Sq.Ft.

$2,750,000

MLS#: 1012293

Lasata 3407 | A Quaint Retreat in the Heart of Sandestin
Discover a charming place to call your own within Sandestin Golf and Beach Resort. Located in the Lasata building of the Grand Complex, this beautifully presented 396-square-foot studio offers an inviting, low-maintenance retreat for those who want to spend less time maintaining a vacation home and more time enjoying everything Sandestin has to offer. TheFull Florida Lifestyle.

The studio features a comfortable open layout with two beds, a kitchenette, full bath and private balcony overlooking the lush surroundings. It is an ideal setting for spontaneous beach weekends, golf getaways, seasonal escapes or simply having your own place waiting for you whenever the coast calls.

What makes this property truly special is its location.

Lasata places you just steps from The Village of Baytowne Wharf, the waterfront gathering place along Choctawhatchee Bay known for its restaurants, boutiques, nightlife, live entertainment and year-round festivals and special events. Baytowne Wharf currently features more than a dozen restaurants, approximately 15 retail shops and multiple nightlife venues--all within the Sandestin resort community. And when you are ready for the beach, one of Sandestin's most distinctive features makes getting there especially convenient. The resort stretches from the bay to the Gulf, with an underground tunnel beneath Highway 98 allowing owners and resort guests to travel between the bayside and beachside portions of Sandestin without crossing the highway at street level.

For the golfer, Sandestin is a destination in itself, with four championship courses and 72 holes of golf, including Baytowne, Raven, The Links and Burnt Pine. Baytowne Golf Club is especially unique, extending from the beach side of the resort toward Choctawhatchee Bay.

Days here can be as relaxed or active as you choose: morning coffee on your balcony, a round of golf, an afternoon on the sugar-white sand, time at the pool or fitness center, tennis or pickleball, followed by dinner, live music or a festival in Baytowne Wharf. Sandestin also operates resort transportation connecting destinations throughout the property, including the beach, Baytowne Wharf, golf courses and recreational amenities.

Miramar Beach

9600 Grand Sandestin Boulevard UNIT 3407

None Beds

1 Baths

396 Sq.Ft.

$209,900

MLS#: 1012315

Located in unincorporated Bay County, this 3BR/2BA home features a large fenced backyard and a detached 1BR/1BA unit--great for flexible living. Close to Tyndall AFB, Panama City Beach, parks, and shopping. Unincorporated status may affect taxes/insurance; verify individually.

The main home received ~$28,000 in upgrades: fresh paint, updated fixtures/outlets, quartzite kitchen counters, quartz bath counters, new sinks/faucets/hardware, and updated door hardware throughout. Includes a pantry and laundry room.

The detached unit (former beauty salon) was converted to a 1BR/1BA with tiled shower, vanity, kitchen sink, tankless water heater, and window AC--not yet permitted with the county. Buyers should verify zoning, permitting, STR eligibility, and any agricultural classification for the chicken coop.

Backyard fits a boat/vehicle/trailer, plus a fire pit and chicken coop. ~10 miles to Tyndall AFB, ~20 miles to PCB. Nearby: Bay Dunes and Harders Parks.

Note: shed in photos have been updated and have been virtually staged using AI.

Panama City

5405 Duneridge Road

3 Beds

2 Baths

1,380 Sq.Ft.

$315,000

MLS#: 1012228

NEW CONSTRUCTION TO BE BUILT! Built by Samuel Stevens & Associates, a well-established local custom builder with a proven reputation for quality construction and craftsmanship. The Contemporary floor plan offers 1,900 square feet with 4 bedrooms, 2 baths, a spacious 3-car garage that is oversized and features higher doors and ceilings to accommodate larger vehicles, and a covered rear porch. For buyers looking to downsize without downgrading, this thoughtfully designed floor plan offers a more manageable footprint without giving up quality, finishes, storage, or custom details. The open floor plan with high ceilings connects the kitchen, dining, and living areas, with cypress beams in the living area adding warmth and architectural detail.

Interior features include luxury vinyl plank throughout, custom-crafted cabinetry with soft-close doors and drawers, quartz countertops in the kitchen and bathrooms, tiled backsplash, custom all-wood closet shelving, designer lighting, Delta plumbing fixtures, and a professionally crafted trim package. Exterior features include professional landscaping, an irrigation system, brick entry way, and knee-high brick accent wall on the front that adds dimension and curb appeal to the home.

Navarre

Lot 7 Jewell Rd Road

4 Beds

2 Baths

1,900 Sq.Ft.

$476,100

MLS#: 1012249

#1012220

Santa Rosa Beach

50 E Staver Lane Lot 16

3 Beds

3 Baths

2,692 Sq.Ft.

$764,850

MLS#: 1012220

Destin

4040 Dancing Cloud Court UNIT 325

1 Beds

1 Baths

920 Sq.Ft.

$212,000

MLS#: 1012267

Set within WaterColor Phase 4, this impeccably maintained four-bedroom, four-and-a-half-bath two story residence backs to a lush preserve and has never been rented. The 3,327-square-foot home features an open main level with 10-foot ceilings, hardwood flooring, large windows overlooking the preserve, and a gas fireplace. The kitchen is equipped with professional-grade appliances, an oversized island that seats 5, and a walk-in pantry. A first-floor bedroom with ensuite bath and separate study or sitting room complete the main level.

Upstairs, the primary suite features a private covered porch with a swinging bed and a spacious ensuite bath with dual vanities, a jetted tub, a walk-in shower, a private water closet, and a walk-in closet. Two additional guest suites with adjoining baths, a separate bunk room accommodating four, and a second living area provide generous space for family and guests. A covered and screened porch extends the main living area outdoors and flows onto a back deck that stretches the width of the home.

WaterColor's extensive amenities include the Gulf-front Beach Club, multiple pools, the Boathouse, fitness and tennis facilities, Camp WaterColor, nature trails and bike paths, parks, and green spaces throughout the community.

Santa Rosa Beach

367 E Royal Fern Way

4 Beds

4 Baths

3,327 Sq.Ft.

$3,100,000

MLS#: 1012311

STARTING OUT OR SCALING IT BACK this might fit your budget!!! Conveniently located to schools, shopping, post office, banks, etc. Seller will contribute up to $10,000 towards closing costs, READY LATE NOVEMBER. Vinyl plank flooring throughout, quartz countertops, walk-in pantry, work island with bar seating, double vanities in primary bathroom, walk-in closets in both bedrooms. Call for more details.

Crestview

103 Dawg Lane

2 Beds

2 Baths

1,073 Sq.Ft.

$198,500

MLS#: 1012316

Destin

TBD Harbor Boulevard

None Beds

None Baths

N/A

$1,100,000

MLS#: 918318

Panama City Beach

17462 Front Beach Road 45-D

1 Beds

1 Baths

608 Sq.Ft.

$210,000

MLS#: 1012280

Beautiful Home situated on 1.1 improved and fully fenced acres, offering thoughtful upgrades, quality finishes, and exceptional outdoor living spaces. A well-maintained yard, professional landscaping, sprinkler system, concrete driveway, and large inviting front porch welcome you to this 4-bedroom, 2-bath home with 1,768 square feet of comfortable living space and light, neutral colors throughout.

The home offers charming Craftsman-style features throughout, including custom windows, upgraded interior doors, and beautiful barn doors that add character and warmth. The bright kitchen features crisp white cabinetry, a large island, and a spacious dining area, creating a functional and inviting gathering space. Bedrooms are thoughtfully designed and conveniently arranged.

Outdoor living and improvements truly set this property apart. Enjoy a large screened patio, open patio, custom smokeless fire pit, and carefully designed walkways. The two-car garage is fully finished, featuring an epoxy-coated floor and finished trim. Beyond the garage is an impressive 30x30 shop with durable concrete floors, providing abundant space for hobbies, projects, equipment, or storage.

A separate 10x14 garden shed offers additional storage and is surrounded by raised vegetable beds, creating a wonderful space for gardening. Front and back landscaping, irrigation, a French drain, concrete walkways, and the fully fenced backyard add both beauty and functionality. This property offers a rare combination of comfortable living, Craftsman-style character, extensive outdoor improvements, versatile workspace, and room to enjoy the peaceful surroundings--all on 1.1 acres.

Pace

7515 Saddlebrook Avenue

4 Beds

2 Baths

1,787 Sq.Ft.

$465,000

MLS#: 1012258

Shalimar

876 The Masters Boulevard

4 Beds

2 Baths

3,445 Sq.Ft.

$629,000

MLS#: 1012219

Inlet Beach

55 Grande Pointe Drive

4 Beds

3 Baths

3,085 Sq.Ft.

$1,799,000

MLS#: 1012297

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