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Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to Expand

Don't miss this exceptional investment opportunity just minutes from Tyndall Air Force Base. Situated on 1.8 acres, this property offers immediate rental income and outstanding future development potential. The centerpiece is a four-unit townhome quadplex, anchored by a spacious 3-bedroom, 2.5-bath unit boasting approximately 1,300 square feet of heated and cooled living space, a large fenced backyard, and a sparkling private pool. The other three units each feature 2 bedrooms, 1.5 baths, and approximately 936 square feet, all well-maintained and tenant-occupied.

Adding even more value, the property includes a 3-bedroom, 2-bath mobile home with 1,064 square feet, currently generating steady rental income. All residences are separately metered for water and electric, with tenants paying their own utilities, maximizing profitability for the owner.

With nearly two acres of land, there's ample room to build additional units or enhance amenities, subject to local zoning approval. Its prime location provides quick access to shopping, dining, schools, and major routes, making it highly attractive to both tenants and investors alike. Whether you're seeking a stable income-producing asset or a development project with huge upside, this property delivers on all fronts.
#777480

Panama City

5115 E 10th Street A,B,C,D

11 Beds

6 Baths

5,174 Sq.Ft.

$650,000

MLS#: 777480

Live in one of Panama City Beach's most desirable residential communities--Palmetto Trace. Ideally located just minutes from Pier Park, Frank Brown Park, and the world-famous white sand beaches, this home offers the perfect balance of convenience, comfort, and lifestyle.

This beautifully maintained home features a spacious and functional layout with generous living areas, abundant natural light, and a seamless flow designed for both everyday living and entertaining. The open living space creates a welcoming environment, while the well-appointed kitchen and comfortable bedrooms provide the space and privacy today's renters value most. The primary suite offers a peaceful retreat, ideal for unwinding at the end of the day.

Situated in a quiet, established neighborhood, residents enjoy a sense of privacy while remaining close to everything Panama City Beach has to offer. Shopping, dining, entertainment, and outdoor recreation are all just minutes away. Frank Brown Park is within walking distance, offering trails, sports fields, and year-round community events.

Palmetto Trace is known for its prime location, well-kept homes, and strong residential appeal, making it one of the most sought-after long-term rental communities in the area.

This is an exceptional opportunity to enjoy comfort, convenience, and coastal living in one of Panama City Beach's premier neighborhoods.

Fraud Alert:
All County Diamond Property Management is the exclusive leasing agent for this property. Neither our company nor the owner advertises on social media. We will never request payment via Zelle, Venmo, Cash App, wire transfer, or gift cards. All applications and payments are processed through our official website and secure portal.
#785460

Panama City Beach

409 Bainbridge Street

4 Beds

2 Baths

2,313 Sq.Ft.

$2,500

MLS#: 785460

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' 

REDUCED!!!  100 STEPS TO THE BEACH!! PRICED TO MOVE!! NO HOA! This is LOWEST or one of the LOWEST PRICED per square ft homes located next to the Gulf of America with this amount of real estate. HUGE backyard. Plus, the whole side facing Surf Dr belongs to this unit. LOTS of room to add more parking, a sundeck facing the beach and pool. This place is a walk in and do nothing dream. It has been taken down to the studs. Pretty much everything has been replaced.  LOCATION! LOCATION!  (100 STEPS TO THE BEACH!)  GULF VIEW! SHORT TERM RENTERS ALLOWED! 
Enough room for a splash pool to be added. (Golf cart friendly area). No busy street or streets to cross...beach access only steps away. Nicely landscaped with sprinkler system. Home is immaculate and has been totally remolded. All doors interior & exterior have been replaced as well as all windows. Newly painted inside & out including the ceilings. All wood trim replaced throughout home. Crown molding in every room. Tongue & groove ceiling in master bedroom. Lots of wainscoting, barn doors and detail trim throughout. All new light fixtures, bath fixtures and custom tiled shower. Custom built in bunk beds. All three bedrooms are very large. Ceiling fans in all bedrooms and living room. Two walk-in closets with custom closet systems. Huge sunken living room with skylights across the entire back of room. Kitchen has granite countertops, ss appliances, long breakfast bar and pantry. Dining room has a nice wet bar & wine cooler. The large back yard is an oasis. Hot tub, grilling area & firepit. Large pergola with lights for entertaining. An outdoor shower with HOT & cold water to clean off all that sand from the beach. Private side entrance to go in & out of to the Gulf so you do not have to track all that sand into the house. All this located behind an 8' whitewashed fence for your privacy as well as new pavers. Smart locks on all doors so forget trying to keep up with keys. Simply type your code in or use your thumbprint to gain access. This home has lots of storage plus being an end unit you have extra parking, and the entire side is your private property. The washer & dryer is conveniently located upstairs, and they will convey with the property. Kitchen stocked and ready to rent or move right in. 
***Will Rent Long Term***
#765581

Panama City Beach

4129 Cobia Street

3 Beds

3 Baths

2,246 Sq.Ft.

$719,000

MLS#: 765581

Gorgeous 6.3+/- Acre building lot in the beautiful Reedy Creek community! This property boasts over 300 feet of frontage, and is chock full of hardwood and softwood trees alike. With an East to West disposition and a subtle slope to the back, this property is offers beautiful lay, and multiple potential home sites depending on preference. 

Reedy Creek itself is a gorgeous gated community with an abundance of tree canopy and oak lined ingress and egress, making even the ride in picturesque. Call to schedule your showing on this gorgeous lot today!
#785449

Westville

0 Southern Oak Way

None Beds

None Baths

6.29 acres

$34,900

MLS#: 785449

Build your dream home on this beautiful 0.26-acre residential lot in Sunny Hills, Florida, surrounded by peaceful lakes and picturesque countryside. Enjoy the quiet charm of rural living while still being within easy reach of nearby towns, shopping, and the stunning Gulf Coast beaches. This spacious lot offers plenty of room for your custom home, outdoor living space, and more. Whether you're ready to build now or invest for the future, this property offers the perfect blend of privacy, nature, and opportunity.
#785420

Chipley

00 Terrell Street

None Beds

None Baths

0.26 acres

$7,500

MLS#: 785420

Corner Lot !! CLOSING COST COVERED W/ PREFERRED LENDER!! Come Experience The Difference with Adams Homes in this versatile family floorplan. Includes granite countertops, CoreTec Pro Plus flooring, a sprinkler system, and a rear-load two car garage. Enjoy Florida's great outdoors by calling this peaceful waterfront community home. From kayaking and fishing, to boating East Bay can accommodate it all. With beautiful intracoastal views this community is just 20 minutes from Tyndall AFB, 37 minutes to Mexico Beach, or a short boat ride to Shell Island.
#785475

Panama City

11449 Godart Street

3 Beds

2 Baths

1,520 Sq.Ft.

$307,894

MLS#: 785475

Have you heard?? Everyone, and I mean EVERYONE, is heading to our neck of the woods! Northwest FL, or the Panhandle, as it's famously called, is growing like crazy. People are leaving all areas of the country and heading to Florida, where opportunities abound (not to mention so many other great reasons). You don't want to miss out. Hwy 77 has been four-laned from I-10 all the way south to Bay County. Smart businesses are taking the hint and getting in while the getting is still good. Great 1.38 acre lot to build your big, beautiful BUSINESS! If you build it, they will come, remember? Actually 'they' already are! Note that this property, for only approximately $1000-$1500, can be converted to COMMERCIAL. Check out Washington County FLUM app on their website. This area of Greenhead, right across from Rainbow Food Store, is the perfect spot for your business or restaurant. Super easy access to I-10, Chipley, NW FL Int'l Airport, Panama City, and Panama City Beach, home of our gorgeous emerald-green ocean waters and white sand beaches. Also, you're close to many recreational springs and all the very best NW FL has to offer. **Note that current MH is not suitable for living in and will need removed. **NOTE Property includes TWO LARGE 2-CAR GARAGES w/GARAGE DOORS (which are expected to be empty by closing or before) PLUS  a 4-CAR GARAGE/WORKSHOP in back.
#785464

Chipley

5728 Highway 77 B

None Beds

None Baths

1.38 acres

$114,900

MLS#: 785464

Commanding breathtaking views of Lake Powell, 713 Wild Heron Way presents a rare opportunity to bring a custom vision to life within one of Panama City Beach's most naturally striking settings. Designed with scale, presence, and lifestyle in mind, this waterfront residence offers four bedrooms, five and a half baths, a dedicated playroom or fifth bedroom, and a thoughtfully designed bunk room--creating a home equally suited for everyday living and memorable gatherings.The great room anchors the home with soaring ceilings and expansive proportions, framing the water beyond and setting the stage for refined coastal living. Upstairs, two bedrooms open to private balconies overlooking the lake, offering ever-changing views and a sense of calm that carries throughout the home. Outdoors, the property is designed for life on the water. A private pool with spa creates a resort-style backdrop, while the boat dock with lift offers direct access to the lake for mornings on the water and evenings returning home by boat. A three-car garage provides ample storage for vehicles and recreational equipment, supporting an active coastal lifestyle.

Offered "As Is" as an opportunity to complete and personalize, this residence invites its next chapterwhere finishes, details, and design selections can reflect a truly bespoke vision. With its exceptional setting, thoughtful layout, and waterfront orientation, 713 Wild Heron Way stands as a compelling canvas for creating a dream home defined by elegance, intention, and a powerful sense of place.
#995740

Panama City Beach

713 Wild Heron Way

5 Beds

5 Baths

5,080 Sq.Ft.

$2,700,000

MLS#: 995740

Price reduced
Model Home for Sale!!!!!!!  Close Out!!!  Up to $15K in Closing Costs on contracts written by 03/31/26.  Must use Traton Homes Preferred Lender.  New construction in Freeport.  Magnolia Bay Estates is a gated community, located conveniently off FL-20. This highly desirable ranch plan home reflects one level living at its finest. The Marco home plan which sits on Lot 61 boasts 4 bedrooms and 3 full baths with a 3-car garage. The kitchen is bright and airy with White cabinets and warm Gray subway tile backsplash, quartz counter tops, stainless steel appliances with hood and large walk-in pantry. Large open concept living in the main areas with LVP. The main bedroom has a spacious walk-in closet, separate shower/tub and double vanities.  Model home sold unfurnished.
#995661

Freeport

20 N J HUNTER'S Way Lot 61

4 Beds

3 Baths

2,477 Sq.Ft.

$574,500

MLS#: 995661

Price reduced
High and Dry Buildable Lot in the Sunny Hills Community, an established subdivision with over 20K lots currently being developed with several national builders. Subdivision offers an 18-hole golf course with clubhouse, numerous lakes with white sandy beaches for recreational activities such as swimming, boating, fishing, and best of all, NO HOA! Sunny Hills is located in Washington County between Panama City Beach and Chipley within the Vernon school district.  Seller has 4 more great buildable lots in Sunny Hills available for purchase, individually or in a package. All properties are vacant and undeveloped.
#995756

Chipley

TBD Elkcam Boulevard

None Beds

None Baths

0.35 acres

$13,500

MLS#: 995756

Empress 704 offers a distinctive design, breathtaking Gulf and Bay views, and a spacious layout. This unique floor plan features two living areas, 10-foot ceilings, a wet bar, and upscale yet comfortable furnishings. A 50-foot wraparound terrace seamlessly connects the open living space to the Gulf-side suites, each with terrace access and extra windows showcasing stunning views. The modern kitchen boasts stainless steel appliances and floor-to-ceiling creamy white cabinetry. The main ensuite includes a king bed and sitting area, while the newly furnished third bedroom features twin beds and a wall of windows. New LVP flooring in all bedrooms, freshly polished travertine tile in living areas, and updated ceiling fixtures throughout. Step into unparalleled coastal luxury at Empress 704.
#995598

Miramar Beach

1272 Scenic Gulf Drive UNIT 704

3 Beds

3 Baths

2,675 Sq.Ft.

$1,375,000

MLS#: 995598

Price reduced
High and Dry Buildable Lot in the Sunny Hills Community, an established subdivision with over 20K lots currently being developed with several national builders. Subdivision offers an 18-hole golf course with clubhouse, numerous lakes with white sandy beaches for recreational activities such as swimming, boating, fishing, and best of all, NO HOA! Sunny Hills is located in Washington County between Panama City Beach and Chipley within the Vernon school district.  Seller has 4 more great buildable lots in Sunny Hills available for purchase, individually or in a package. All properties are vacant and undeveloped.
#995799

Chipley

TBD Hampshire Boulevard

None Beds

None Baths

0.3 acres

$3,950

MLS#: 995799

Price reduced
Like-New Home with Stylish Modern Updates Beautifully renovated and move-in ready, this home offers modern finishes and major upgrades for peace of mind. Features include fresh interior/exterior paint, new doors, luxury vinyl plank flooring, and tile in wet areas. The updated kitchen boasts white soft-close cabinets, quartz counters, backsplash, and new Whirlpool appliances (2025). Baths include quartz vanities and heated anti-fog mirrors. New roof & water heater (2025), HVAC (2020), copper wiring, and new electric panel. Walk to shopping and schools, incl. Niceville High. Minutes to Emerald Coast beaches  and Eglin Air force Base. Family room may be your 4th BR. 2 large sheds convey. Buyer to verify all useful information.
#995594

Niceville

420 Paradise Road

3 Beds

2 Baths

1,555 Sq.Ft.

$359,800

MLS#: 995594

Welcome to the Alana II by Huff Homes, a thoughtfully designed residence located in the Longleaf Park neighborhood of Watersound Origins. Offering 1,570 square feet of heated and cooled living space, this single-level home features 2 bedrooms, 2 full baths, a dedicated study, a private screened rear porch, and a 2-car garage--blending comfort and functionality.The open-concept living, dining, and kitchen areas create a bright and inviting central gathering space, enhanced by 10-foot ceilings, crown molding in the main living areas, and durable luxury vinyl plank flooring. The kitchen is appointed with quartz countertops, stainless steel appliances, soft-close wood cabinetry, and a stylish backsplash, offering both beauty and everyday practicality. Privately positioned at the rear of the home, the Owner's Suite features a spacious walk-in closet and a well-appointed bath with tiled shower, quartz vanity, and quality finishes throughout. A secondary bedroom and full bath near the front of the home provide comfortable accommodations for guests, while the dedicated study offers flexibility for a home office or additional living space.

Outdoor living is equally inviting with a screened rear porch featuring heirloom brick detailing, creating a relaxing space to enjoy the surrounding neighborhood setting.

Additional highlights include energy-efficient construction, impact-rated materials, professional landscaping with irrigation.

Estimated completion: end-April 2026

Located within Watersound Origins, residents enjoy access to exceptional amenities including the Origins Golf Course, Village Commons resort-style pool, fitness center, sports courts, scenic trails, and Watersound Town Center--all just a short golf cart ride away.
#995601

Watersound

280 Green Heron Street Lot 28

2 Beds

2 Baths

1,570 Sq.Ft.

$698,900

MLS#: 995601

Price Improvement! Charming New Construction, Built by Solara Homes, an established local builder. This home could be purchased for low to no money down, and down payment assistance may be possible for you! Experience stylish comfort in this luxury designed 3-bedroom, 2-bath home offering 1125 square feet of thoughtfully crafted living space. Enjoy an open, airy atmosphere with 9' ceilings, smooth level 4 drywall finishes, and energy-efficient LED flush-mount lighting throughout. The kitchen boasts quartz countertops, a full-height tile backsplash, GE(r) appliances, stainless farmhouse apron-front sink, and soft-close white shaker cabinets, blending function and elegance. The open-concept design flows seamlessly into the living areas *ENTER ON MORE* with durable Mohawk SolidTech" Westward LVP flooring and modern black plumbing and lighting fixtures for a sleek, contemporary look. Retreat to a spacious ensuite bedroom with a walk-in closet and a primary bath featuring subway tile showers, quartz vanities with undermount sinks, dual vanities, and a semi-frameless glass shower door. Additional upgrades include 1'' x 4'' wood baseboards, designer lighting, matte black hardware, energy-efficient HVAC, and a high-performance water heater for long-term savings. Exterior highlights include an architectural shingle roof, eye-catching stark white vinyl siding with black trim, black energy-efficient vinyl windows, and a wide concrete driveway. A board and batten shutter detail and covered front entry enhance curb appeal, while features like exterior hose bibs add convenience. Extras include a free refrigerator, termite bond, smoke and carbon monoxide detectors, and a 1-2-10 builder's warranty. The best part is there is NO HOA. Some of the pictures attached are renderings or staged.
#995794

Panama City

2601 E 6Th Street

3 Beds

2 Baths

1,125 Sq.Ft.

$229,900

MLS#: 995794

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