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$9,700,000
780409 MLS
The Palafox Icehouse offers a rare opportunity to acquire a stabilized, waterfront asset in the heart of Downtown Pensacola at a 5.88% cap rate, backed by long-term, credit-quality tenancy and irreplaceable Palafox Street frontage. The three-story iconic building is 100% leased to Merrill Lynch, a tenant since 2001, and Rafferty, Domnick, Cunningham & Yaffa, which recently executed a new five-year lease in 2024. Investors benefit from immediate cash flow with built-in upside through future rent growth or strategic repositioning. Located within a supply-constrained, high-growth coastal market surrounded by dining, retail, residential, and waterfront amenities, the asset offers durable income today and long-term appreciation potential. Prime Waterfront Location in the heart of Downtown Pensacola's entertainment and business district with irreplaceable views. Iconic Palafox Street Frontage along the city's most desirable commercial corridor, surrounded by dining, retail, and residential development. Stabilized, Income-Producing Asset -- 100% leased to two long-term professional tenants; Merrill Lynch (12,255 RSF) -- tenant since 2001 and Rafferty, Domnick, Cunningham & Yaffa (6,739 RSF) -- new 5-year lease executed in 2024 Attractive In-Place Yield -- Offered at a 5.88% cap rate with stable downtown office income. Limited Downtown Office Supply supports long-term occupancy and rental stability. Historic, Character-Rich Building -- Three-story Class 'A' office building enhances market appeal and tenant retention. Walkable Waterfront Environment with immediate access to marina, festivals, restaurants, and hospitality. Located in a Growing Coastal Market benefiting from population growth and continued downtown revitalization. Rent Roll maintained almost 100% occupancy since building completed in 1999.

815 S Palafox Street, Pensacola

Listing courtesy of NAI TALCOR.

$120,000
780209 MLS
8.0± Acres of Opportunity with Highway Frontage! Discover the perfect blend of convenience and natural beauty on this rolling 8-acre parcel, boasting elevated terrain and a mix of mature hardwoods and pines. Centrally positioned between Hwy 79 and Hwy 77, this location offers seamless access to nearby towns, schools, and amenities—ideal for those seeking both privacy and connectivity. Just a hop and a skip from the sparkling waters of Holmes Creek, enjoy weekend canoeing, diving adventures, and peaceful nature escapes. Located just north of the Beaches, this property places you within reach of coastal fun while offering the tranquility of inland living. Whether you're envisioning a private homestead, recreational retreat, or future development, this land delivers the topography, access, and lifestyle to make it happen. Please note, no manufactured homes and a new survey will determine new legal of this cutout parcel.

TBD Moss Hill Road, Chipley

Listing courtesy of New Town Realty.

$725,000
780202 MLS
GULF ACCESS IN FAST-GROWING SOUTHPORT FL • CLEARED WATERFRONT ACREAGE DOUBLE LOT CAN BE SPLIT• NO HOA One of the best waterfront values in Bay County's fastest-growing area--fully cleared, no HOA, and ready for your vision. This 3.58-acre Bay Crest parcel offers rare scale and privacy on Gainer Bayou with approximately 216 feet of waterfront and boating access out to North Bay and beyond. Located next door to another Bay Crest property known for exceptional waterfront value, this tract is ideal for a private estate, family compound, or a small boutique development. The County has indicated the potential for up to five homes (buyer to verify final density, entitlements, and infrastructure requirements), giving builders and investors real upside on a stretch of waterfront land where opportunities like this are getting harder to find. Zoned R-2 Residential, the property offers flexibility for a range of residential uses. You'll appreciate the practical side too: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning also allows design flexibility, including the option for certain accessory structures such as a workshop, garage, or guest suite positioned in front of the main residence (buyer to verify intended site plan and permitting). The location makes this even more compelling. You're just minutes to Lynn Haven, with easy access to Panama City, Northwest Florida Beaches International Airport, and the beaches--plus growing daily convenience nearby. With continued growth pushing north and outward, Southport is quickly becoming one of the most watched areas in Bay County for those who want space, water access, and long-term value. If you've been waiting for a cleared waterfront tract with acreage, flexibility, and strong upside this is the one to see. Note: Lot boundaries are approximate and for visualization only. Recent survey available. Buyer to verify all information deemed important, including zoning, density, utilities, waterfront measurements, and navigability/boat access.

7242 Bay Crest Road Unit Lot 1, Southport

Listing courtesy of LPT Realty LLC.

$375,000
780201 MLS
JUST REDUCED to SELL GULF ACCESS Deep Water to build your Waterfront Home on in Fast Growing Southport FL! Only 5 minutes from Lynn Haven. Rare chance to own a 1.55-acre waterfront parcel just on the other side of Lynn Haven and less than 20 minutes to the Beaches Intl Airport . Lot is located on Bay Crest in Southport one of Bay County's fastest-growing areas. This property offers approximately 132.74 feet of waterfront along Gainer Bayou (per survey/legal description), over 800 ft deep giving you the space and setting to build a private waterfront home with a big building or, weekend escape, or investment hold in an area where waterfront land is getting harder to find. Zoned R-2 Residential, this parcel allows a range of residential uses (buyer to verify intended use, density, and permitting). You'll love the flexibility here: no HOA, paved road access, nearby public utilities (water and electric available; septic required), and room for thoughtful design and outdoor living. Even better, the adjacent 3.58-acre waterfront parcel is also available which can be split, giving buyers the option to combine both parcels for a 5.13-acre assemblage with approximately 350 feet of total waterfront or split to sell individually Survey available. Note: Lot boundaries are approximate and for visualization only. Buyer to verify all information deemed important, including zoning, utilities, waterfront measurements, flood zone

7242 Bay Crest Road Unit Lot 2, Southport

Listing courtesy of LPT Realty LLC.

$2,499,900
6 Beds 7 Baths 780138 MLS
BEACHFRONT SANCTUARY!! This coastal retreat is designed to elevate every moment of Gulf-front living. Nestled directly on the water, this 6-bedroom, 6-bath residence is perfectly suited for multi-family gatherings, vacations with friends, or as a bold investment in luxury real estate. From the moment you arrive, the airy, open layout draws you in with panoramic Gulf views that fill the home with light & inspiration. The chef's kitchen, complete with modern appliances & a generous island, sets the stage for effortless entertaining & memorable meals with family & friends. Each floor is thoughtfully designed for privacy & comfort. The main living level features a seamless flow between the living/dining areas that open to expansive decks—ideal for sipping morning coffee or evening cocktails as the waves roll in. Upstairs, multiple bedrooms offer private baths, direct balcony access & shared outdoor seating perfect for watching breathtaking sunsets. On the ground level, your private oasis awaits with a heated pool elevated above the dunes that invites you to relax beneath the stars. A private boardwalk leads you directly to the sugar-white sands of Mexico Beach, where adventure & serenity are always just steps away. An elevator services every floor, providing convenience & ease throughout the home. Life in Mexico Beach is refreshingly laid-back, where neighbors become friends & every day feels like summer. Cruise the quiet streets by golf cart, stroll to local shops & eateries or spend evenings on the beach watching dazzling sunsets paint the sky. Here, the pace slows down just enough for you to savor the simple joys of coastal living. Whether it's sunrise over the Gulf, paddleboard trips along the shore, dinner parties on the deck, or late-night swims under the stars, this property is more than a home—it's an invitation to live like every day is a vacation. Call for your private tour & LIVE THE BEACH LIFE!

1001 Highway 98, Mexico Beach

Listing courtesy of Beach Properties Real Estate.

$2,499,000
6 Beds 7 Baths 780134 MLS
ULTIMATE GULF FRONT HOME! Nestled on pristine Gulf front sand, 273 Watermark Way offers the ultimate coastal escape-where turquoise waves, sugar-white beaches & unforgettable sunsets set the stage for lifetime memories. This brand-new custom beachfront build, within the serene lower-density stretch of St. Joe Beach, effortlessly combines luxury, comfort & coastal charm. With six beautifully appointed suites, this home is perfect for multi-family vacations or large groups seeking space, style & shared experiences. Each beachfront king suite opens onto its own deck, allowing you to drift awake to sea breezes and Gulf views. The homes best feature is a private heated pool just steps out the door to be enjoyed year round. The soaring open living spaces, gourmet kitchen & soft coastal finishes evoke easy elegance. The layout is designed for joyful mingling where you enjoy panoramic Gulf vistas from every level & wide decks that connect you to the horizon. An elevator provides smooth access across all floors. Beyond the walls of this spectacular home, you'll find immediate access to the Gulf with a private boardwalk & steps to powdery sand. Hop in your golf cart or go for a peaceful bike ride along the paved paths to Windmark Beach where you will find fun, food, and entertainment for the whole family. A short ride into Port St Joe connects you with boutique shopping, fresh seafood restaurants, a bustling marina, and a charming historic district. Whether you're planning an epic family retreat, a generational reunion, or a carefree getaway with friends, this home is built to host in style. From sunrise yoga to cocktail hour on the deck, to late-night stargazing by the sea—every moment unfolds with elegance and ease. Call for your private tour & LIVE THE BEACH LIFE!

273 Watermark Way, Port St Joe

Listing courtesy of Beach Properties Real Estate.

$350,000
3 Beds 2 Baths 780123 MLS
This custom-built double wide trailer on 2.8 acres is a fantastic opportunity for anyone seeking a charming, spacious home! The huge living room and open floor plan create a welcoming atmosphere, perfect for family gatherings or entertaining friends. The eat-at bar is a wonderful addition for casual dining, while the handicap entrance ensures accessibility for everyone. The master bedroom's impressive walk-in closet and adjacent sitting room provide a perfect private retreat, leading out to a lovely covered porch for enjoying morning coffee or evening sunsets. The property features a serene small pond, adding to its picturesque setting. With an old shop building along the highway, there's ample space for storage and hobbies. Located just 40 minutes from Panama City Beach, this home offers not only comfort but also the chance to enjoy one of the world's most beautiful beach destinations. It's a perfect blend of rural charm and coastal convenience!

1487 Highway 79, Bonifay

Listing courtesy of Bettie's Country Realty.

$129,700
1 Beds 1 Baths 780069 MLS
Welcome to River Retreat! This well-maintained 1 bedroom 1 bath home is located just minutes from the river and public boat launch, making it an ideal spot for fishing enthusiasts. The open-concept floor plan offers a warm, inviting atmosphere with like-new finishes throughout. Situated on a spacious 0.27-acre lot. There is ample room for boat or RV parking, plus additional space for outdoor equipment and recreational vehicles. This property also presents a strong short-term rental opportunity with limited local competition during seasonal fishing tournaments. Whether you're looking for a weekend getaway, income-producing property, or a low-maintenance full-time residence, River Retreat offers flexibility and charm in a desirable location.

233 Tennessee Street, Wewahitchka

Listing courtesy of Century 21 BE3.

$529,900
5 Beds 3 Baths 779999 MLS
Take a look at this fabulous brick home with an inground pool on 2 acres plus in the Cottondale Area and plenty of room to park your RV. Main brick home features 3 bedrooms and two full bath. The property is income producing bringing in around $25,000 per year with 3 RV's, one mobile home, and a full apartment. Main home has a large kitchen with breakfast bar and overlooking the living room. Additional large bonus and laundry room. Full screened in porch and best of all......a large like new inground pool with hot tub. The pool is fully screened- in with lanai and has a full kitchen to entertain family members. Exterior land has a large open barn/shed and utility building. Close to Chipley, Mariana and only 30 minutes away from Panama City Beach. Don't miss this great opportunity on this primary home and income producing property. Additional rental income will pay your monthly mortgage.

2706 Sapp Road, Cottondale

Listing courtesy of Coastal Sun Realty LLC.

$350,000
5 Beds 3 Baths 779991 MLS
Step into this spacious five-bedroom, three-bath home that seamlessly blends contemporary updates with timeless charm. The thoughtful floor plan centers on easy one-story living with a master suite on the main level, while a second master sits upstairs for flexible living arrangements. A cozy wood-burning fireplace anchors the living area, and the newly remodeled kitchen shines with stainless steel appliances, creating a stylish hub for everyday cooking and entertaining. Outdoor spaces invite year-round enjoyment with a fire pit and a screened porch.\n\nAdditional features include refinished wood floors throughout, a carport on a concrete slab for covered parking, and a shed with electricity that offers extra storage or workspace. This versatile property has seen numerous improvements: Leaf Filter installed in 2024, a new roof in 2019, hardwood floors refinished, all bathrooms gutted and redone, and kitchen remodeling completed between 2023 and 2025. Some photos are virtually staged. Sellers will contribute a portion toward buyers' closing costs to facilitate your purchase. This home is the perfect blend of modern comfort and enduring appeal.

2986 Daniels Street, Marianna

Listing courtesy of American Gold Realty.

$555,000
3 Beds 3 Baths 779672 MLS
HOME, CABIN, POOL, POND, SPLIT RAIL FENCING, all nestled on approx. 3.5 acres with moss covered trees and a paved circular driveway. This is truly a Florida Paradise just waiting for its new owner! This front porch is just right for enjoying the peaceful setting. Home has crown molding and baseboards throughout, and features a split bedroom design with a pass through from master bedroom to the brick floored sun porch that over looks the pool. The home has wood laminate flooring new in 2022, roof and HVAC new in 2018. Dining room furniture could remain if buyer prefers. All stainless appliances which include French door refrigerator, On-Demand gas water heater, and stove. The cabin (entertainment house) has handicap entrance; it has hardwood flooring, built in bar with 9 bar stools that remain, stove top, oven, sink and full bathroom. Plenty of room for get togethers for all seasons. The cabin overlooks a pond where you can see exotic birds from time to time. A bit of nostalgia from some split rail fencing is here also. The house has a 2 car attached covered carport with an attached side toolshed. There is also a large metal storage building that can also stay.

5924 Old U S Road, Malone

Listing courtesy of CENTURY 21 Sunny South Properties.

$1,799,000
5 Beds 4 Baths 779658 MLS
MAJOR PRICE REDUCTION!!!!----- GULF-FRONT, NO HOA, RENTAL READY WITH OVER $139,559 IN BOOKINGS THIS YEAR SO FAR!!! Step directly onto the sugar-white sand from this remodeled 5-bedroom, 4 full baths beach retreat offering sweeping Gulf views from the main living level and private bedrooms. Designed for gathering, the open living/dining/kitchen frames the emerald water as the backdrop for sunsets, seafood nights, and memory-making. A clever 10' x 12' loft in one bedroom creates an extra sleeping zone or kid-approved hideaway--ideal for maximizing guest capacity. Recent updates and the seller-reported 2,232 sq ft of heated/cooled space include an enclosed former garage that expands everyday comfort and rental flexibility. Multiple bedrooms on separate levels provide privacy for larger groups, while four full baths keep beach days effortless. Outside, rinse off and head straight to the deck to watch dolphins cruise and the sky glow at golden hour. Major perks: NO HOA--a rare Gulf-front find that supports short-term rental potential--plus a layout and location travelers love: direct beach access, panoramic views, and minutes to coastal dining, shopping, and entertainment like Top Golf. Dolly's Pirate Voyage, Pier Park!.

17203 Front Beach Road Unit 2, Panama City Beach

Listing courtesy of Salty Marlin Realty LLC.

$2,855,000
779594 MLS
' Owner financing available' Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential. The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day. Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.

12216 Panama City Beach Parkway, Panama City Beach

Listing courtesy of EXP Realty LLC.

$2,000,000
779480 MLS
Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the highest and best use is single-family residential development. Several large estate sized Bay-front lots could be developed, or one massive estate. The property is accessed via a 30' access easement. Travel from Panama City Beach Parkway past the Legacy Golf Club (f/k/a Holiday Golf Course), through the existing residential neighborhoods of Colony Club, and past Trieste. Left on Moonlight Bay Drive, continue right (east) on Moonlight Bay, which dead-ends into the property. The adjacent two parcels to the east and south are also for sale; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel. The other two large parcels are not contiguous and separated by the small bayou. They are accessed via the Clara Avenue extension. The parcels were annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is single-family residential. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

000 Moonlight Bay Drive, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

$147,500
3 Beds 2 Baths 779305 MLS
This is a highly unique and affordable opportunity to purchase a brand-new home. The three-bedroom, two-bath residence listed here is priced to sell on one of the approximately one-acre lots. However, you have the option to upsize the mobile home. Notably, these lots are located on a paved road. We invite you to contact us so we can assist you in finding your new home and securing a great land package deal. Please note that prices may vary depending on the home you choose. Additionally, a specialty lender is available to help you get preapproved. These homes qualify for conventional, FHA, USDA, and VA financing with approval. Affordable and you get to pick your home and your land! LET US HELP YOU GET PRE-QUALIFIED!!

0000 Gerald Street, Sneads

Listing courtesy of Maphis Realty Group.

$974,950
3 Beds 3 Baths 779260 MLS
Lakefront living on Lake Powell! Bring your boat, jet skis, and paddleboards...your waterfront lifestyle awaits! This 3 bedroom, 3 full bath home at 21926 Lakeview Drive sits directly on Lake Powell, Florida's largest coastal dune lake. This is the perfect location on the west end, just minutes from the sugar-white beaches of Panama City Beach, Inlet Beach, and 30A. Enjoy elevated views of the water from the living room, dining area, and master suite. Features include a metal roof, luxury vinyl plank flooring, spacious back deck, new privacy fence, private boat dock, and a 2-car garage. Recent updates make this home move-in ready: including freshly painted roof, custom slider that opens all the way to back deck, updated bathrooms, brand-new kitchen appliances (never even used!), and more! This rare and tranquil lakefront setting allows you to kayak or paddleboard all the way to the Gulf! Enjoy lakefront living with no HOA, and a tucked away location that is private, yet also so close to the shopping, dining and activities of Inlet Beach, 30A and Panama City Beach. This home is offered furnished, so move right in - perfect for full-time residence, vacation getaway, or rental investment. Short term rental allowed! Don't miss this opportunity to own a piece of waterfront paradise - schedule your showing today!

21926 Lakeview Drive, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

$480,000
4 Beds 4 Baths 779181 MLS
Located in the heart of Graceville, Florida across from Lake Albert and affectionately known as ''the Doctor's House'', this custom built, mid-century modern estate is a 2 story, 4000+ square feet, 4 bedroom/3.5 bathroom brick home on a sprawling 2.45 acres. With modern updates and original charm, the spacious floorplan features a formal living and dining room, open concept family room/den with a bar, breakfast nook and fireplace, private office with separate entrance, game/play room above the 2 car garage, large kitchen, pantry and laundry room and tons of storage. The exterior is lovely brick with a deep gable roof and matching walkways and accents surrounded by traditional Southern landscaping including azaleas, muscadine, old and new live oaks, pine, pecan, cypress, willow and fruit trees. The acreage includes a wet weather creek with bridge, 36 x 48 pole barn, 50 amp RV hookup and pad, private well, front and rear driveway access, dog pen/chicken coop, fire pit, back porch and breezeway and great outdoor living spaces. This is the perfect place to spread out, entertain and enjoy serene country living in a quiet neighborhood, convenient to town. This lovely piece of paradise is turnkey and ready for move in just in time for the holidays.

1154 10th Avenue, Graceville

Listing courtesy of American Gold Realty.

$1,750,000
769417 MLS
outstanding parcel in a rapidly growing corridor. The parcel offered is 4 acres, however seller can also add 3 acres of adjoining additional uplands to the east. Bay County Parcel ID: 07202-010-000 and 07208-000-000; located in City of Callaway; The site is located directly on South Tyndall Parkway 400 feet frontage, reserving a 50' access easement in the NW corner. The Avg Daily Traffic Count 20,400 vehicles per day (2025); This site is 3.3 Miles to Tyndall Air Force Base visitor center. The influx of defense-related projects and economic development initiatives has propelled the entire community into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for both housing and support businesses has surged, presenting investors with a solid opportunity for returns. Air Force Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to bed down three F-35 fighter squadrons and the addition of 400- 600 +/- military jobs per squadron and additional support personnel for support functions, traffic count and the need for increased services should continue to grow. The Bay Economic Development Alliance continues to win commitments by new and expanding industry. Recently, the $175MM capital investment in 'Project Spinner' IAG Aero Group brings 500 new aviation-related jobs to Spark Economic Growth, 160,00 SF of facilities, and a 350-acre acquisition north of the airport. Premier Aviation, a new MRO (Maintenance Repair Operation) will refurbish CRJ aircraft and Mocama Marine LLC establishes a boat manufacturing operation; Port Panama City welcomed a new 251,000 square-foot FedEx Ground facility at the Industrial Distribution Center on Highway 231, Borusan Berg Pipe announced a $68MM expansion, Voltari Electric, Canada based co. announced 285 jobs & $38M investment... and continued interest by significant employers.

1117 S Tyndall Parkway, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$149,500
3 Beds 2 Baths 778933 MLS
YOU PICK YOUR LOT AND YOUR HOME!! This price is based on a turn-key 3/2 BRAND NEW Tru Homes ''Satisfaction'' Double wide and .86 Acre lot (MOL). However, you have the option to upsize the mobile home or acreage. We have approximately six lots nearly an acre, or three lots over 4.4 Acres each. Notably, these lots are located on a paved road. We invite you to contact us so we can assist you in finding your new home and securing a great land package deal. Please note that prices may vary depending on the home and acreage you choose and qualify for. Additionally, a specialty lender is available to help you get preapproved. These homes qualify for conventional, FHA, USDA, and VA financing with approval.  Affordable and you get to pick your home and your land!

0000 Sandridge Church Road, Sneads

Listing courtesy of Maphis Realty Group.

$699,000
778890 MLS
Looking for a rare beachfront opportunity with privacy, low flood insurance potential, and strong short-term rental appeal? This 'Diamond in the Rough' 0.60-acre gulf front lot checks all the boxes. The driveway is 10' x 264' that opens into remainder of lot at 52' x 400', where the home would sit and in similar alignment with other gulf front homes. This area is level and ready for your plan. The lot widens to 62' at waterfront. Situated in Gulf County, this parcel offers an ideal build site in the A Flood Zone, access to miles of sandy shoreline, and unique neighboring protection from development—making it one of the most compelling gulf front lots on the market today. Enjoy direct access to the beach and unobstructed sunset views from your future home. The vacant bordering lot to the west is owned by the State Buffer Preserve, offering natural buffer and added seclusion that many buyers seek. The property is noted to be in a FEMA eligibility area, an important consideration for financing and mitigation planning. Gulf County has pet friendly beaches and allows pets on leashes. Close to Indian Pass boat ramp (˜3 miles). Salinas Park (˜1 mile west) and features pickleball courts, playground, screen house, fire pit, and a boardwalk on the bay—perfect for families and active lifestyles. Dining and groceries a short drive away. Long stretches of shoreline for walking, shelling, fishing, and picture-perfect sunsets. This lot is waiting for you to build your dream beach home!!

County Rd 30A, Port St Joe

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.