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What if I told you that you could own a beach getaway for under $150,000 that's less than a one-minute walk to the sugar-white sand?
The numbers don't lie! This is one of the best ROI opportunities in the area. Many 2-bedroom properties selling for four times the price don't generate this level of annual rental income.
Brand-new HVAC installed in July 2026! For a full video tour, search ''For Sale Sand Castles Villa 15'' on YouTube.

Welcome to Sand Castles Villa in beautiful Panama City Beach! This well-maintained, fully furnished, turnkey studio is rental-ready and perfect for investors or anyone looking for an affordable beach retreat. Just steps from the Gulf, you'll love the unbeatable location, convenience, and coastal charm.

The unit produced $25,491 in gross rental income last year and already has strong future bookings, making it an excellent income-producing property with even more upside.
Enjoy the Florida sunshine, walk to the beach in under a minute, and start earning rental income from day one. It's hard to find a better beachside value under $150,000 in Panama City Beach.
Even better: With a full-price offer, the seller will pay all special assessments at closing, totaling $24,172. This includes the current $7,000 assessment plus the annual $1,908 assessment for the next nine years. Those funds are being invested back into the community, meaning you'll enjoy the benefits of the improvements, increased rental appeal, and long-term appreciation without paying a  penny for the assessments.
A true win-win opportunity for both investors and beach lovers alike!
#1004473

Panama City Beach

4114 Holiday Drive 15

None Beds

1 Baths

400 Sq.Ft.

$145,000

MLS#: 1004473

Conveniently located in the heart of Fort Walton Beach, this spacious 3-bedroom, 3-bath townhome offers comfort, functionality, and an unbeatable location. Just minutes from Eglin Air Force Base, Hurlburt Field, top-rated schools, shopping, dining, and Fort Walton Beach Medical Center, this property is ideal for military personnel, healthcare professionals, families, or investors.

The thoughtfully designed floor plan features two primary suites on the second floor, each with its own private bath, providing flexibility and privacy for owners and guests alike. A third bedroom and full bath offer additional space for family, visitors, or a home office.

Major updates include a new roof in 2018 and a new HVAC system in 2020, offering peace of mind for years to come. Whether you're looking for a primary residence, second home, or investment opportunity, this townhome combines a desirable layout with a central location close to everything Fort Walton Beach has to offer.

Schedule your private showing today!
#1004471

Fort Walton Beach

844 Holbrook Circle

3 Beds

3 Baths

1,990 Sq.Ft.

$340,000

MLS#: 1004471

LUXURY AUCTION! 
Please note that the above-referenced price reflects the reserve price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through July 30, 2026. Seller reserves the right to accept or reject bids. 6% Buyer's Premium. Additional terms apply. Please visit Paramount Realty USA's website for more details (www.prusa.com)

Introducing a 2024 built 6BR/6.5BA Coastal Modern waterfront estate in the gated community of Kelly Plantation. Appraised at 4.9M(appraisal attached), this property is priced to sell! 

Designed with over 6,651 sq ft of heated/cooled space (8,917 sq ft total), this property offers 520 feet of deep-water frontage on Jones Bayou, a private heated saltwater pool and spa, and a 120' x 32' private boat dock with Tru-Flow composite decking.

A 14' LED-lit paver driveway leads to the custom pivot front door and an expansive great room with a 26' lighted tray ceiling, Venetian-plaster gas fireplace, and large picture windows overlooking the water. The chef's kitchen features a Wolf gas range, Sub-Zero refrigerator/freezer, quartzite waterfall island, and a full butler's pantry with ice maker, beverage fridge, microwave, and sink. A glass-front wine room connects the kitchen and dining space, which opens directly to the outdoor kitchen and pool deck.

The first-floor primary suite includes a fireplace, glass accordion doors to the lanai, and a spa-style bathroom with floating vanities, freestanding soaking tub, and a large walk-through shower with dual heads and rain fixtures. Two walk-in closets, an office with hidden safe room, powder room, laundry room, and mud room complete the first floor.

Upstairs offers four additional ensuite bedrooms (including a secondary suite), a flex room with sauna area, theater/media room with raised platform seating, a wet bar, family room, second laundry room, and two private balconies. A custom metal-and-wood catwalk provides views of the great room and waterfront.

Outdoor features include a heated saltwater pool with LED lighting, spa, outdoor shower, ceiling-mounted speakers, natural-gas grill, beverage fridge, and ice maker. The 3-car garage offers glass-pane doors, custom cabinets, sink, and a charging outlet. Home systems include four HVAC units, two tankless gas water heaters, LED landscape lighting, irrigation system, and WiFi-controlled pool/spa equipment.

The property is located in Flood Zone X with an approved FEMA LOMR. Kelly Plantation amenities include an 18-hole golf course, owner's club, fitness and yoga facilities, tennis, pickleball, dog park, nature trails, and more. Nearby are beaches, marinas, restaurants, shopping, and entertainment.

This property combines new construction, deep-water access, and extensive indoor/outdoor living areas within one of Destin's premier gated communities.
#984390

Destin

330 Kelly Plantation Drive

6 Beds

6 Baths

6,651 Sq.Ft.

$4,000,000

MLS#: 984390

Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast.

Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options.

The thoughtful floor plan creates exceptional opportunities for multi-generational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy.

At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings.
The second level creates one of the home's most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou views that shift beautifully throughout the day.

Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank canvas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer.

Outside, the possibilities expand even further.
Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom.

No HOA. No restrictive covenants. 

Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable.

Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multi-generational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today.
#1004433

Freeport

7348 W ST HWY 20

5 Beds

4 Baths

5,918 Sq.Ft.

$1,750,000

MLS#: 1004433

Beautifully updated 1652 square foot brick home in the heart of Niceville. This home features a brand new  roof, AC unit, kitchen with stainless steel appliances, new flooring and bathrooms. The new master bathroom has a large custom tiled shower. The wiring has been updated too. All new windows ands doors. The kitchen opens to a large dining area and living room with fireplace. The home has an additional living area and is perfect for entertaining. This move-in ready home has everything you've been looking for. The home has a large garage and courtyard in the front. The huge back yard has a built in fire pit and covered porch. This is ready for you!!!!
#1000456

Niceville

1623 Date Palm Drive

3 Beds

2 Baths

1,652 Sq.Ft.

$419,900

MLS#: 1000456

Just minutes from the sugar white sands of Panama City Beach, this inviting getaway places you in the heart of one of the area's most loved beach communities. Whether you're searching for a full-time residence, vacation retreat, or income-producing rental opportunity, this property offers the relaxed coastal lifestyle buyers are looking for.

Inside, the bright open living and dining area creates an easy flow for gathering after a day on the water or exploring the nearby restaurants, entertainment, and shopping. The kitchen offers generous cabinet and counter space with a breakfast bar that keeps everyone connected. Sliding doors lead to a covered outdoor patio overlooking the community green space, creating the perfect setting for morning coffee or winding down after sunset beach walks.

The spacious bedrooms provide comfortable accommodations for family and guests, while the private balcony adds another place to enjoy the warm Florida breeze. Neutral finishes throughout make it easy to personalize and start enjoying immediately.

Located in Gulf Highlands Beach Resort, residents and guests enjoy access to resort-style amenities including pools, tennis courts, and a beachside lifestyle just moments away. Spend your days boating, fishing, dining on fresh seafood, shopping at Pier Park, or simply soaking in the coastal atmosphere that makes Panama City Beach such a sought-after destination
#1004396

Panama City Beach

183 Gulf Highlands Boulevard

2 Beds

1 Baths

972 Sq.Ft.

$259,000

MLS#: 1004396

Bring your vision to life on 20 acres in DeFuniak Springs! Looking for the perfect canvas for your homestead, agricultural venture, or private retreat? This expansive parcel offers incredible potential in a highly accessible location. Situated directly on County Highway 192, the property boasts excellent paved road frontage just east of US Highway 331 N, making your commute or equipment transport an absolute breeze. The property is zoned General Agriculture, allowing you to bring your animals, build your dream home, establish a farm, or create a private estate to accommodate a variety of rural and residential uses. Sleep easy knowing the entire tract is located in the highly desirable Flood Zone X, indicating an area of minimal flood hazard and giving you maximum flexibility when choosing your ideal building footprint. Currently densely wooded with native growth, it provides ultimate privacy from the road where you can clear a long, winding driveway to a hidden homesite or open up pasturage to suit your specific needs. Schedule your drive-by today and claim your piece of Walton County!
#1004393

DeFuniak Springs

xx Co Hwy 192

None Beds

None Baths

20.0 acres

$174,900

MLS#: 1004393

This updated 3 Bedroom 2 bath townhome is close to Eglin AFB, shopping and schools. There is LVP flooring throughout with 2 bathrooms upstairs and a 1/2 bath downstairs. It also offers a 1 car garage. Washer and dryer and lawn maintenance are included. Roommates considered
#997571

Crestview

343 Crooked Pine Trail

3 Beds

2 Baths

1,440 Sq.Ft.

$1,350

MLS#: 997571

Corner unit townhouse; bedrooms upstairs; privacy fenced backyard; 1 car garage;

PLEASE CALL BARBARA KELLY AT 850-863-3191 TO VIEW OR FOR MORE INFORMATION
#918331

Crestview

347 Crooked Pine Trail

3 Beds

2 Baths

1,356 Sq.Ft.

$1,500

MLS#: 918331

Welcome home to peaceful country living on 5 beautiful acres! This spacious 4-bedroom, 2-bath home offers an open-concept layout designed for both comfortable living and entertaining with wood burning fireplace in one family room. The eat-in kitchen flows seamlessly into the dining and family room areas, creating a bright and inviting gathering space for family and friends.
Step outside onto the back deck and enjoy your morning coffee while listening to the quiet sounds of nature and taking in the privacy of your surroundings.
The property also features solar panels conveniently located on the acreage rather than attached to the home, as well as a storage building perfect for keeping yard tools, equipment, and recreational toys organized.
Additionally, there is an adjoining 14-acre parcel available for purchase separately, inquire for additional information. 
With plenty of room to spread out, enjoy outdoor activities, or simply relax and unwind, this property offers the perfect blend of comfort, functionality, and country charm.
#1004375

Other

1015 NW Barksdale Lane

4 Beds

2 Baths

2,128 Sq.Ft.

$315,000

MLS#: 1004375

MOVE IN READY - CONSTRUCTION COMPLETE & BUILDER IS OFFERING $5K IN FLEX CASH!!  Welcome to The Shoal, a thoughtfully designed new neighborhood where tranquility meets convenience. Nestled along the edge of the expansive Point Washington State Park, this intimate community offers 30 carefully planned homesites, each providing a sense of privacy and a seamless connection to nature. Ideally located just a short drive from Seaside, Grayton Beach, and scenic Highway 30A, The Shoal offers residents the perfect balance of peaceful surroundings and easy access to the area's most beloved coastal destinations. Homes in The Shoal are crafted to complement the natural beauty of the area, featuring earthy tones, a serene community pond, and located adjacent to Point Washington State Park. The Chopin floor plan boasts 5 bedrooms and 4.5 bathrooms, with an open-concept living space on the main level and a spacious upstairs loft, ideal for a media room, play area, or second living space.

Each home includes high-end standard features such as durable metal roofs, impact-rated windows and doors, quartz countertops, luxury vinyl plank flooring throughout all common areas and bedrooms, 8 ft. interior doors, and a gas range with a vented hood in the kitchen. Homebuyers also have the opportunity to personalize their new home by selecting finishes and upgrades during a dedicated design appointment. With its unbeatable location, natural surroundings, and thoughtfully designed homes, The Shoal offers a rare opportunity to experience the best of life in Santa Rosa Beach.

**Prices may vary based on upgrades and lot selection. This listing shows the base price of this home. Photos are not of this exact home. Home does not come furnished.**
#970471

Santa Rosa Beach

162 Channel Shoal Drive Lot 2

5 Beds

4 Baths

2,508 Sq.Ft.

$768,000

MLS#: 970471

ARE YOU READY-TO-BUILD? Owner is Offering a $15,000 Clearing Credit on this 1.66 ACRE HOMESITE in Coveted Windswept Estates!
Discover the ultimate Florida lifestyle opportunity in Windswept Estates, a premier, gated golf course community. This generously sized 1.66-acre homesite provides the perfect canvas for your custom residence, all while being just a scenic 20-minute drive from the breathtaking beaches of the Gulf. Seller has house plans available for lot- Don't miss this opportunity to build your dream

Residents of Windswept Estates enjoy an impressive array of top-notch amenities: Acclaimed 18-Hole Windswept Dunes Golf Course, Sparkling Community Pool and Clubhouse,  Tennis Courts, Basketball Court, and Playground!  Don't miss your chance to join this coveted community and build the luxury home you deserve.  House Plans Available.
#989189

Freeport

Lot 23 Brushed Dune Circle

None Beds

None Baths

1.66 acres

$190,000

MLS#: 989189

$500 off the first month's rent! This like-new home in Patriot Ridge subdivision includes the Smart Home Connect System, which includes a video camera doorbell, keyless entry, thermostat, garage remotes, and more. The subdivision has a community pool, pavilion, and sidewalks. The home features an open floor plan with ceiling fans in the bedrooms, stainless kitchen appliances, a gas stove, a kitchen island, a pantry, and a laundry room (washer and dryer included). The backyard has a covered patio and privacy fence. A small dog will be allowed with breed restrictions and pet fee. Rent does include HOA fees and use of amenities.
#1004391

Crestview

4636 Honor Guard Way

4 Beds

2 Baths

1,830 Sq.Ft.

$2,200

MLS#: 1004391

Available June 1st
Discover the perfect rental opportunity in a prime location near the Lecom Dental School! This inviting three-bedroom, two-bathroom brick home offers a comfortable and spacious living environment spanning 1150 sq ft.
Step inside to find a well-appointed interior featuring a cozy layout designed for modern living. The convenience of having a washer and dryer included adds to the appeal of this home. Outside, the property sits on a generous acre of land with a covered patio, providing plenty of room for outdoor activities, gardening, or simply enjoying the serene surroundings.
With its desirable features, convenient amenities, and proximity to the Lecom Dental School, this rental home offers the perfect blend of comfort and convenience.
#1001607

DeFuniak Springs

688 Roberts Drive

3 Beds

2 Baths

1,150 Sq.Ft.

$1,500

MLS#: 1001607

Seller offering $10,000 toward buyer closing costs! Brand new paint and bunks! Welcome to this exceptional 21st-floor Gulf-front condo in the sought-after Shores of Panama Resort, located in the heart of Panama City Beach, Florida. This 936 sq ft unit offers incredible value in one of the area's most popular complexes. This fully furnished condo features 1 bedroom, 2 full bathrooms, and a separate bunk room, comfortably sleeping up to 6 guests, including the sleeper sofa in the family room. The modern kitchen is equipped with stainless steel appliances, granite countertops, and plenty of space for cooking and entertaining. Step onto the expansive balcony to enjoy breathtaking views of the resort-style lagoon pool and the Gulf of Mexico, a perfect spot for morning coffee or sunset relaxation. Shores of Panama is renowned for its incredible amenities, including a 20,000 sq ft lagoon-style beachfront pool with bridges, lush landscaping, and ample lounge seating, along with a massive outdoor hot tub, indoor heated pool, and hot tub. On-site dining options include tiki bars and the Sunset Bar & Grille. The resort also boasts a private beach area, a state-of-the-art fitness center, and easy access to water sports facilities. Situated just steps from the white sand beaches and a short distance to vibrant shopping, dining, and entertainment, this condo offers the perfect blend of relaxation and convenience. Don't miss this opportunity to own a beautifully appointed Gulf-front condo in one of Panama City Beach's premier resorts. Call today to schedule your private showing!
#1004422

Panama City Beach

9900 S Thomas Drive 2127

1 Beds

2 Baths

936 Sq.Ft.

$329,900

MLS#: 1004422

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