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Excellent Commercial investment opportunity. Fully leased Commercial building with 5 total tenants. The leases are under the early stage of 5 year leases. The only unit not currently under a long term lease has been there for over 10 years and are not planning on leaving antime soon. PRIME PRIME location in a very busy section of Thomas Drives busiest stretch of restaurants,shops and high end residential neighbourhoods. The strategic location sides on two main corridors as well as a third street. This intersection is the first and only thoroughfare to take you from the most Eastern boundary of Thomas Dr all the way west to the most Western boundary of the Thomas Drive in one straight access. Very busy corner with strong daily traffic counts. 

Excellent tax exchange opportunity.
#720337

Panama City Beach

2900 Thomas Drive 2908

None Beds

None Baths

15,204 Sq.Ft.

$2,950,000

MLS#: 720337

New on site 2 days ago
Rustic Beach Mobile Home and RV Park.
Consists of 2 parcels, centrally located and a short drive to the Hathaway Bridge with easy access to both Panama City and Panama City Beach.
The first parcel is 3.42 acres (Parcel ID:
27575-010-000)
The second parcel is 0.422 acres (Parcel ID: 27575-000-000) and
encompasses a 2,155 square foot single family residence.
Total 3.842+/- acres.
Here are the statistics for this rare property:
Actual Annual Rental Revenue is $346,800 (actual monthly rent $28,900).
Current Annual Net Operating Income is $271,642 with a Current Cap Rate of 9.21%.
28 total lots
26 occupied lots (only 2 vacancies).
16 park owned mobile homes (bill of sale on all 16 mobile homes will convey at closing).
3 tenant-owned mobile homes.
Electricity is included in rent in 11 of the 26 mobile home lots.
Additional income can be garnered by 1.) leasing the 2 vacant RV lots and 2.) revitalizing the laundry facility via cash/coin laundry machines.
Try and duplicate a 3.842 acre parcel and fully develop it as a mobile home park and you will spend over a million dollars in development, permitting, and more importantly infrastructure (water, septic, utilities, site development, and road paving).
This type of zoning, income, and public offering for an existing mobile home park like this doesn't exist in Panama City Beach in this type of capacity. You can go to Callaway for something similar, but not Panama City Beach where there is more appreciable growth. To duplicate this type of property ''on the beach'' is next to impossible with significant costs. Avoid all the development hassle, permitting, and site development costs and buy an existing mobile home park with proven rental income.
#1014941

Panama City Beach

9502 Clarence Street

None Beds

None Baths

N/A

$2,950,000

MLS#: 1014941

The Barron & Redding Law Office is available for sale. One of the most prestigious Class ''A'' law office buildings in Panama City. Located adjacent to the Bay County Courthouse on Massalina Bayou which leads directly to St. Andrew Bay and the Gulf of America. The 10,157 square foot, two-story office building is situated on 1.1 acres. Masonry construction with brick veneer and huge windows throughout. The entire office has extensive wood moldings, paneling, and trim, particularly in the attorney's offices, conference rooms, and law library. The two-story office includes 18 large private offices, 2 conference rooms, a law library, open office for paralegals and administration, workspace, large breakroom, and reception. Built in 1986 and renovated in 2019 following Hurricane Michael. The well-constructed building received minor damage from the Hurricane. The following renovations were completed: all new storm-rated impact windows and doors, new roof, new HVAC systems, and new flooring. There is +/-550 linear waterfront feet on Massalina Bayou with a submerged land lease in-place that provides for the deep-water dock space with a large pier and wooden dock capable of accommodating several large boats. Gorgeous views across Massalina Bayou. The Bay County Courthouse is less than 300' up McKenzie Avenue. Beautiful landscaping with mature oak trees all over the property. The location cannot be matched, and they truly do not make them like this anymore. The site plan, elevations, and floor plans are attached. Call for further details and to schedule a tour. Barron & Redding is merging with Hand Arendall.
#992263

Panama City

220 Mckenzie Avenue

None Beds

None Baths

N/A

$2,950,000

MLS#: 992263

Welcome to 45 Town Road, where timeless coastal design, exceptional outdoor living, and one of Rosemary Beach's most convenient locations come together. A private entrance opens into an expansive paved courtyard, creating a beautiful extension of the home and an inviting setting for entertaining, dining, or unwinding after a day at the beach. With more than 600 square feet of covered porch space, this home was designed to embrace the indoor-outdoor lifestyle that makes Rosemary Beach so special.

Inside, classic black-and-white tile, a grand staircase, vaulted ceilings, hardwood floors, and abundant natural light create a coastal aesthetic that feels both elevated and timeless. The white granite eat-in kitchen opens seamlessly to the living area, where doors lead directly onto the covered patio and private courtyard. A guest bedroom and full bath on the main level offer privacy and flexibility for family and guests. Upstairs, the primary suite features its own shaded balcony overlooking the tennis courts as well as access to a spacious covered porch overlooking the courtyard. A second upstairs ensuite with two queen beds provides generous accommodations for additional guests. 

Just steps from the clay tennis courts, fitness center, and Sky Pool, the location places some of Rosemary Beach's most desirable amenities practically outside your door. Beyond the home, enjoy private beach access, owners-only amenities including the Owners Only Pool and cabanas, and the ability to walk or bike to Rosemary's Town Center for dining, shopping, community events, and the unmistakable lifestyle that has made Rosemary Beach one of 30A's most coveted communities.
#794699

Rosemary Beach

45 Town Road

3 Beds

3 Baths

1,798 Sq.Ft.

$2,950,000

MLS#: 794699

This newer construction home, one of a few coming to market in Carillon Beach in 2026, is a head turner.  Built in 2015, with 4 BR, 3.5 baths, this stunning, high-end, beach home of 2768 H&C space, was originally designed as a full-time residence, but would also work as a second home or vacation rental (as it now is).  Featuring 3 King bedrooms and one oversized bunk room, with a second living space on the 2nd floor, and an oversized entertainment patio to the rear overlooking a nature preserve, this home lives large but also feels intimate, private and inviting.  The preserve offers a measure of privacy, difficult to find in Carillon, especially when not on the gulf or Lake Carillon.  The quiet, secluded, gated community of Carillon Beach boasts 3900 linear ft. of pristine, never-crowded sugary sand. Presently the inventory of homes available for purchase in Carillon is near an historic low, while the demand is increasing significantly  The upscale shopping and restaurants of Rosemary Beach and 30AVENUE are but a 5 minute drive away. Carillon will never experience the heavy traffic associated with certain other high-end areas due to its being gated and buffered on the west by Lake Powell and Camp Helen State Park, allowing you to enjoy proximity to all of the many benefits of 30A with none of the burdens. Further, unlike several communities to the west, golf carts are permitted in the community. Carillon Beach also offers full court basketball court, tennis and pickleball courts and children's play areas.
#788225

Panama City Beach

155 Parkshore Drive

4 Beds

3 Baths

2,768 Sq.Ft.

$2,950,000

MLS#: 788225

Welcome to 45 Town Road, where timeless coastal design, exceptional outdoor living, and one of Rosemary Beach's most convenient locations come together. A private entrance opens into an expansive paved courtyard, creating a beautiful extension of the home and an inviting setting for entertaining, dining, or unwinding after a day at the beach. With more than 600 square feet of covered porch space, this home was designed to embrace the indoor-outdoor lifestyle that makes Rosemary Beach so special.

Inside, classic black-and-white tile, a grand staircase, vaulted ceilings, hardwood floors, and abundant natural light create a coastal aesthetic that feels both elevated and timeless. The white granite eat-in kitchen opens seamlessly to the living area, where doors lead directly onto the covered patio and private courtyard. A guest bedroom and full bath on the main level offer privacy and flexibility for family and guests. Upstairs, the primary suite features its own shaded balcony overlooking the tennis courts as well as access to a spacious covered porch overlooking the courtyard. A second upstairs ensuite with two queen beds provides generous accommodations for additional guests.

Just steps from the clay tennis courts, fitness center, and Sky Pool, the location places some of Rosemary Beach's most desirable amenities practically outside your door. Beyond the home, enjoy private beach access, owners-only amenities including the ... Just steps from the clay tennis courts, fitness center, and Sky Pool with indoor and outdoor swimming, the location places some of Rosemary Beach's most desirable amenities practically outside your door. Beyond the home, enjoy private beach access, owners-only amenities including the Owners Pool and cabanas, and the ability to walk or bike to Rosemary's Town Center for dining, shopping, community events, and the unmistakable lifestyle that has made Rosemary Beach one of 30A's most coveted communities.
#1010761

Inlet Beach

45 Town Road

3 Beds

3 Baths

1,798 Sq.Ft.

$2,950,000

MLS#: 1010761

Perfectly positioned between Alys Beach and Rosemary Beach, Seeking Sanctuary was designed for the way families gather, relax, and experience life on 30A. 
Welcome to Seeking Sanctuary, a nearly new 3,300 sq ft home in the heart of Seacrest Beach -- thoughtfully designed to live up to its name. The home offers easy access to dining, shops, and the beach while still enjoying the calm feel of a tucked-away neighborhood between Alys Beach and Rosemary Beach. Inside, a central light tower rises through the home, flooding the interior with natural light from top to bottom and creating an open, uplifting feel throughout the living spaces. Professionally designed interiors combine wide plank floors, shiplap accents, layered lighting, and cohesive finishes that feel relaxed, polished, and timeless. The main living area is built for gathering. A spacious kitchen anchors the home with high-end appliances, a pantry with speed oven, and a dedicated coffee bar, all opening naturally into the dining and living areas. Just outside, the outdoor kitchen and dining space extends the living area and makes it easy to unwind after a day at the beach. Seeking Sanctuary offers 4 bedrooms plus a spacious third-floor loft retreat, along with 4 full baths, a half bath, and a quarter bath. The home comfortably sleeps up to 14, making it ideal for extended families or multiple groups vacationing together.
Two large primary suites feature spa-style bathrooms with freestanding tubs and walk-in showers. Every bedroom enjoys direct access to its own porch or patio, allowing guests to step outside and enjoy the coastal air. One of the most inviting spaces in the home is the second-floor porch, a large outdoor retreat perfect for unwinding after a day on the sand -- whether reading, sharing conversation, or simply enjoying the evening air. The custom quad bunk room creates a memorable space for kids, while the third-floor retreat becomes the ultimate place to sleep or play. With soaring ceilings and a wide-open lounge area, it naturally becomes the home's gathering space for movies, games, and late-night conversations.
Even the practical spaces were thoughtfully designed. The custom laundry room is finished to the same high standard as the rest of the home, making longer stays and full-family trips easier to manage. The home includes three dedicated parking spaces plus two additional overflow spaces, giving guests room to come and go without the usual Seacrest parking challenges. Outside, the location quietly does a lot of the work. A nature trail runs directly along one side of the property, connecting the home to Seacrest's network of green spaces while adding a sense of openness rarely found in the neighborhood. Residents and guests enjoy access to the Seacrest lagoon-style resort pool, nearby parks, and the beach tram. Peddlers Pavilion -- with dining, coffee shops, and live music -- is just a short walk or bike ride away. For buyers looking for a 30A home that balances thoughtful design, generous gathering spaces, and strong rental potential, Seeking Sanctuary brings together location, layout, and livability in a way that is increasingly hard to find. Homes in this part of Seacrest that combine newer construction, generous gathering spaces, strong sleeping capacity, and this level of walkable access between Alys Beach and Rosemary Beach are becoming increasingly difficult to find. The best way to understand Seeking Sanctuary is to experience it in person!
#997246

Inlet Beach

204 E Seacrest Beach Boulevard

4 Beds

4 Baths

3,287 Sq.Ft.

$2,950,000

MLS#: 997246

This 6-BR, 6.5-BA home on the Destin Harbor will check off all the boxes for the discerning buyer with a legacy home in mind. Merely entering the home inspires visions of family gatherings and entertaining. The most recent engineered renovation of this property topped $2 million. The craftsmanship is impressive with reclaimed heart pine flooring, open beams, custom stone floors and surfaces. Grand boating adventures begin right from home with the 4 boat slips and 2 jet ski lifts offering access to waterfront restaurants or the open waters of the Gulf of Mexico and Choctawhatchee Bay. Two slips are serviced by a central dock of nearly 100ft in length. The Ground Level offers a full kitchen, for ease of provisioning the boat, in and outdoor living and dining, swimming pool with lounge area, an optional Master Suite, two bedrooms, laundry, and three garage bays. The 2nd floor's open plan flows comfortably between the living room with gas fireplace, café tables, a wine cellar, commercial quality kitchen, lockout butler's kitchen/pantry, 2 dining rooms and expansive bar seating. The full-service outdoor kitchen supports al fresco dining, overlooking the harbor. The 2nd floor is rounded out by 2 guest bedrooms.  
The Grand Master Suite occupies the 3rd floor and emanates relaxation. One enters the bedroom through carved antique imported wooden doors to a spacious bedroom with seating area in front of a gas fireplace complete with Miele coffee bar.  A wall of windows highlights views of the harbor. The spa-like bathroom features 2 walk-in closets with laundry, a copper jetted soaking tub, dual vanities with copper basins and stone finished walk-in shower. This floor is complete with fitness room, an office/library and private terrace. Enjoy 360 views of the Gulf and Harbor with cocktails at sunset from the rooftop patio which spirals up from the third-floor terrace. 
The entire 7,500-square-foot home delivers luxury in thoughtfully selected light fixtures and floor to ceiling glass that invites the outdoors in as part of the decor. Electronic synchronized window shades complement the bulk of windows and glass doors. An elevator servicing all floors and a Smart Home system which controls security, 7 A/C units, lighting/sound and pool features, round out the features of this home.   A Private beach access for the Holiday Isle community is within easy distance with golf cart parking too. For those seeking to offset the investment with income, deep water boat slips are in demand, or the whole home can be rented as a grand vacation experience. This legacy home is now ready for a new family to gather their memories of celebration and grand adventure.
#832631

Destin

623 Lagoon Drive

6 Beds

6 Baths

7,500 Sq.Ft.

$2,950,000

MLS#: 832631

Situated on the most elite homesite in Watersound West Beach, 395 Tumblehome Way is bordered by vast natural state park offering the utmost privacy. Located adjacent to the beach walk-over and community pool, this property offers premier access to the amenities, natural resources, and the sugar white sands of the emerald coast beaches. This renovated  craftsman home features true wide planked hardwood flooring, wood beam-work and luxury appliances as well as hand-selected fixtures, lighting and tile. Recent renovations include a new roof, re-finished flooring, updated tile, new lighting, new paint throughout and so much more! This home has been professionally designed and is offered fully furnished. The well-thought-through floorplan showcases an expansive open concept living space on the main level, a large master suite, 3 guest bedrooms, 3 guest bathrooms, a bunk room and office. Plenty of storage can be found throughout the every level of the home. 

Multiple outdoor entertaining spaces can be found around the homesite including a large front porch, enchanting back porch and extensive side porch overlooking the state forest. Features of the outdoor area include an outdoor shower and outdoor kitchen. 

Watersound West Beach is a gated community located in the highly sought after east end of 30A. Amenities include a large resort pool, walking trails and deeded beach access. Offering great potential for rental income, 395 Tumblehome Way would make the perfect investment property, second home or primary residence.
#889039

Watersound

395 Tumblehome Way

4 Beds

4 Baths

2,421 Sq.Ft.

$2,950,000

MLS#: 889039

Introducing a remarkable investment opportunity in the heart of Dune Allen Beach! This expansive 5.5-acre parcel presents a rare canvas for creative development, with neighborhood infill zoning. Situated along the tranquil shores of Allen Lake, supplying a picturesque backdrop for potential homesites. Benefiting from its coveted location, this property offers proximity to pristine beaches, upscale amenities, and the vibrant coastal lifestyle that 30A is known for. The versatility of this land is unparalleled, offering the potential to construct multiple waterfront and non-waterfront residences, ranging from 2 to 8 homes per acre (more info can be provided). With the ability to subdivide the land, investors have the opportunity to tap into the growing demand for premium real estate in the area. The property also includes a three story home with pool. The property is graced by natural wetlands, adding an extra layer of environmental significance. Mitigation is required to preserve this valuable ecosystem to allow for thoughtful development. Rarely does a parcel of this size, location, and zoning become available, making this an extraordinary chance for visionary developers.
#994090

Santa Rosa Beach

108 Woodward Drive

None Beds

None Baths

5.5 acres

$2,950,000

MLS#: 994090

Conveniently located one block from the beach, the Berke Cottage is also just a stone's throw from two pools, the fitness center, playground, etc.  Situated on a large, beautiful lot, there is plenty of room for expansion, as well as off-street parking.  The value in this property is the myriad ways to develop it.

The first to greet you is the oversized front screened porch- which will definitely become your favorite outdoor living space.   The first floor of the cottage offers kitchen, living area with a fireplace, dining area, a bedroom with two twins, and a hall-bath.  A loft above the great room will beckon the children as a play area or could be used as an additional sleeping nook.  The Second floor offers the master suite with queen bed and ensuite bathroom. Access to the tower is also available from this level.  Both bedrooms open onto a private porch or deck, and the all-wood interior offers easy care and durability.

The tower offers multiple uses.  Originally designed as a "bunkhouse" for the kids, it could also be redesigned as a self-contained guest house.  Presently three levels, there's a half bath on the first floor adjoining an outdoor shower. The second floor has two sets of built-in bunks, while the third floor provides an open gathering space.  Nancy Drew art adorns the walls on all three floors.

Fun Fact: The cottage is named for architect Deborah Berke, who designed this property and played a major role in the evolution of Seaside. Berke currently serves as the Dean of the Yale School of Architecture.
#899612

Santa Rosa Beach

112 Savannah Street

2 Beds

2 Baths

1,687 Sq.Ft.

$2,950,000

MLS#: 899612

Exceptional waterfront, multi-family development site enjoying prime frontage along the scenic Santa Rosa Sound in Ft. Walton Beach, Florida, located between the two existing condominium communities: Presidio and Two Hundred West. The site contains two contiguous parcels of Okaloosa County. The property is zoned MX-2 (Mixed Use-High) through the City of Ft. Walton Beach. Buyer must verify all specifications.
#895386

Mary Esther

132 W Miracle Strip Parkway

None Beds

None Baths

N/A

$2,950,000

MLS#: 895386

Introducing the new Darien plan from Romair Homes! This exciting new floor plan is under construction in the Greenway neighborhood, overlooking the Origins Golf Course with an expected completion date of late summer/fall 2023. This is a rare opportunity to be on the Origins Golf Course in the highly sought-after Watersound Origins community! The Darien plan hosts 4,057 SF, 4 bedrooms, 4 full, and 2 half bathrooms in the main house + a spacious 603 SF carriage house above the garage with a 1 bed, 1 full bath suite. The luxury finishes include 12' ceilings with transom windows on the first floor and 10' ceilings on the second, engineered hardwood floors throughout, custom cabinetry, marble and porcelain tile in the bathrooms, a $12k lighting allowance and a gourmet kitchen with Wolf & Sub-Zero appliances, including a 48" range, and a Scottsman ice machine! The wide open great room offers a cozy fireplace along with large slider doors leading out onto the 12' wide back porch with Cumaru hardwood decking, completing your view of the Origins Golf Course and the heated saltwater pool & spa. The outdoor living space also features a peacock paver pool deck and a cabana with Isokern fireplace. 
The Watersound Origins community is one of South Walton's most coveted neighborhoods for its exceptional amenities, beautiful new homes, and prime location. Amenities include the Village Commons pool & fitness center, sports courts, miles of nature trails, dock access to Lake Powell, unlimited golf, and lots of green space for outdoor play. The all new Watersound Town Center brings a new level of excitement and convenience to the community with a Publix Super Market, Delicious restaurants, healthcare facilities, a weekly Farmers Market, and more right at the entrance to the neighborhood! *Pricing for inventory homes include lot premiums and may include optional upgrades. Added options/upgrades and pricing are subject to change. Please check with the on-site community specialists for the latest information for this home.
#913812

Watersound

446 Cannonball Lane Lot 4

5 Beds

5 Baths

4,660 Sq.Ft.

$2,950,000

MLS#: 913812

Located on a generous 1/3-acre lot backing up to Draper Lake, this spacious home with coach house has views of the lake and Gulf of Mexico. Enjoying a private location in a gated community, this three-story beach house has a bright open great room with tile flooring and wood-clad walls in muted gray. The soft natural tones continue through the home, creating a relaxed coastal vibe and reflecting the natural elements of the surroundings. The kitchen is a well-appointed space with a generous island breakfast bar, updated countertops, kitchen appliances and new faucets.  The second-floor master suite is an enviable space with its own private balcony. The spacious master bath is a haven for relaxing with a whirlpool tub and walk-in shower. A second huge bedroom on this level currently has two sets of three bunk beds, a play area, sofa and TV. There's further versatile space on the third floor. Currently used as a fifth bedroom, it would make an excellent bunk room or family game room. Guests and independent family members have their own space in the separate one-bedroom coach house above the garage. Located in the coveted neighborhood of Old Florida Beach, this beautiful beach house is steps from the lakeside dock, community pool and beach access. Boating, fishing and paddleboarding are part of the outdoor lifestyle. Restaurants, shopping and entertainment are a short walk away at Gulf Place and there's a bike path for exploring further afield. This turnkey property includes a new roof and all-new furnishings making it perfect as an investment, primary or second home.
#906665

Santa Rosa Beach

209 Old Beach Road

4 Beds

4 Baths

2,927 Sq.Ft.

$2,950,000

MLS#: 906665

With full-time living at the forefront, this Pines of Blue Mountain Beach new-construction home has everything you need to enjoy life in the heart of a quaint beach community. Encompassing 3,178 square feet of living space on a single level, this five-bedroom home with dual primary bedrooms, has a thoughtful layout and quality finishes from the foyer to the backyard. The gourmet kitchen with butler's pantry and quartz countertops were designed with entertaining in mind. The living areas of the home boast curated lighting and plumbing fixtures, wood flooring, shiplap accents, cypress beams, and a gas fireplace. A luxury master wing evokes serenity and privacy on the east side of the home with marble throughout the master bath. The home's remaining bedrooms, including a second master suite, wrap around the great room, set apart from the primary suite. A screened porch is perfect for grilling and al fresco dining with ceiling fans to add extra breeze. It overlooks a carefully planned and spacious backyard with a heated 24x12 pool and hot tub. A two-car garage and two tankless hot water systems add additional conveniences. Ideal for full-time living or as a second home, this home could also serve as a lucrative rental investment. Its proximity to numerous public beach accesses and nearby restaurants, health food and grocery stores, shops, art galleries, trails and bike paths make this a coveted opportunity in the heart of it all. Expected to be complete in the first week of June 2023.
#923735

Santa Rosa Beach

46 E Surfside Drive

5 Beds

4 Baths

3,178 Sq.Ft.

$2,950,000

MLS#: 923735

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