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Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and allows a buyer to immediately evaluate the project as a partially assembled waterfront development opportunity, not raw land.
#1006912

Panama City

305 E Beach Drive

None Beds

None Baths

3.25 acres

$4,500,000

MLS#: 1006912

Prime Parcels B (Potential for 2 Home sites total) - Zoned R-1 Single-Family Residential - Parcel C (.63 acres) Seize this exceptional opportunity to own is .63 acres of prime land on Walton Road, conveniently located less than a mile from Walton High School in the charming town of DeFuniak Springs, FL. This residential zoned (R-1) parcels have public water and sewer available at road (tap fee due), making it a ready-to-build site for your dream home. Located in Flood Zone X with no wetlands, as per Walton County GIS maps, this property offers peace of mind and ease of development in a serene yet highly accessible location--just minutes from shopping, dining, medical facilities, and schools, and less than Less than 50 minutes to the beaches of 30A. Why You'll Love This Location: DeFuniak Springs Highlights: Lake DeFuniak - One of only two nearly perfect circular spring-fed lakes in the world (40 acres), with a scenic walking trail, dock, and seasonal public swimming and fishing. Historic Downtown District - Less than one mile away, featuring the famous Chautauqua Building, charming shops, and community events. Annual Christmas Lights Festival - Showcasing over 10 million lights around the Lake Yard, attracting visitors from across the region. Outdoor & Recreation: King's Lake - A well-stocked 580-acre reservoir just 6.3 miles north, perfect for fishing enthusiasts (record bass catch: 17.25 lbs!). Gulf of Mexico's White Sand Beaches - Access pristine beaches within 35 minutes to an hour, including Henderson Beach, Miramar Beach, Santa Rosa Beach, and more. Crab Island in Destin - A world-famous boating destination on the Emerald Coast. Emerald Coast Zoo & Chautauqua Winery - Local attractions perfect for family outings. Endless Outdoor Adventures: Multiple hiking trails including Florida Trail (Eglin & Nokuse), Lakewood Park, and Lafayette Creek. Natural Springs & Parks - Explore Vortex Springs, Ponce De Leon Springs, Morrison Springs, and Florida Caverns in Marianna. Key Features: *.63 acres - Zoned R-1 for single-family residential * Water & sewer installed (tap fee due) *Flood Zone X - No wetlands (per Walton County GIS maps) * Minutes to downtown DeFuniak Springs & shopping *Less than 50 minutes to the beaches of 30A *Close to fishing, boating, hiking, and natural springs This rare homesite blends convenience, nature, and lifestyle in one of Florida's most charming communities. Don't miss your chance to own a piece of DeFuniak Springs - schedule a visit today! Buyers are responsible for verifying all property details and dimensions. Information is believed to be accurate but is not guaranteed.
#1002111

DeFuniak Springs

Lot C .63 Acres on Walton Road

None Beds

None Baths

0.63 acres

$64,900

MLS#: 1002111

Enjoy listening to the sound of crashing waves from the Gulf while you relax on the terrace of this new three-bedroom two bath Azure of 30A unit. Experience the laid-back quiet environment afforded you in this exclusive 19-unit complex. Just steps away from two beach accesses you can take a leisurely walk to the beach to enjoy evening sunsets. Azure of 30A features a resort style heated pool and a separate spa for you and your guest's year-round enjoyment. Developed by premier builder, Cole construction, units include features such as Mohawk flooring, 10-foot ceilings throughout, 8-foot solid shaker panel doors, smooth finished interior walls and shaker style cabinets with quartz countertops. Three full bedroom units, third BD set up with custom built in bunk beds.
#1006881

Santa Rosa Beach

70 Marthas Lane # 1-203

3 Beds

2 Baths

1,113 Sq.Ft.

$789,000

MLS#: 1006881

Sweet 3 bedrooms, 2 bath home in the city limits. NO HOA. Home has split floor plan with spacious kitchen with lots of cabinets, gas stove and dishwasher. Master Bedroom is 15'x14' with roomy master bath with sliding barn door entrance. Home is conveniently around the corner from the elementary and high school, plus ''wee park'' a public park with swings, water area, public track and ball fields. Garage can be used for extra living area if needed, washer and dryer included. Vinyl sided home is easy to keep clean. Lake Stanley Park across the road from the subdivision that is great for water skiing and fishing etc. with boat launch and tables. Make this treasure yours ...call today!
#1000064

DeFuniak Springs

280 Timber Wind Drive

3 Beds

2 Baths

1,216 Sq.Ft.

$229,900

MLS#: 1000064

Rare opportunity to acquire a truly unique, industrial warehouse, tallest in the county adding ex located within Beach Commerce Park in Panama City Beach, Florida. Offered at $5,975,000, this owner-occupied facility can be vacated at closing, making it ideal for an owner-user or investor seeking an irreplaceable industrial asset. What sets this property apart is its extraordinary clear height, measuring approximately 48 feet at the center of the building and approximately 41 feet at the lowest point, far exceeding standard warehouse heights in the surrounding market. Typical industrial buildings in the area range from 18-24 feet clear, with newer construction rarely exceeding 30-32 feet. This dramatic vertical advantage creates exponentially more usable storage volume, allowing for high stacking, specialized racking systems, and operational efficiencies that simply are not possible in conventional warehouses. The building features a large clear-span layout, steel-frame construction, concrete slab foundation, metal panel exterior, and multiple overhead roll-up doors to support logistics, distribution, storage, or light industrial use. The property is situated within an established industrial park with excellent access and circulation, making it suitable for a wide range of warehouse users seeking scale, flexibility, and long-term functionality.
#991856

Panama City Beach

109 Estes Place

None Beds

None Baths

N/A

$5,975,000

MLS#: 991856

Prime Parcels B (Potential for 2 Home sites total) - Zoned R-1 Single-Family Residential - Parcel B (.67 acres) Seize this exceptional opportunity to own is .67 acres of prime land on Walton Road, conveniently located less than a mile from Walton High School in the charming town of DeFuniak Springs, FL. This residential zoned (R-1) parcels have public water and sewer available at road (tap fee due), making it a ready-to-build site for your dream home. Located in Flood Zone X with no wetlands, as per Walton County GIS maps, this property offers peace of mind and ease of development in a serene yet highly accessible location--just minutes from shopping, dining, medical facilities, and schools, and less than Less than 50 minutes to the beaches of 30A. Why You'll Love This Location: DeFuniak Springs Highlights: Lake DeFuniak - One of only two nearly perfect circular spring-fed lakes in the world (40 acres), with a scenic walking trail, dock, and seasonal public swimming and fishing. Historic Downtown District - Less than one mile away, featuring the famous Chautauqua Building, charming shops, and community events. Annual Christmas Lights Festival - Showcasing over 10 million lights around the Lake Yard, attracting visitors from across the region. Outdoor & Recreation: King's Lake - A well-stocked 580-acre reservoir just 6.3 miles north, perfect for fishing enthusiasts (record bass catch: 17.25 lbs!). Gulf of Mexico's White Sand Beaches - Access pristine beaches within 35 minutes to an hour, including Henderson Beach, Miramar Beach, Santa Rosa Beach, and more. Crab Island in Destin - A world-famous boating destination on the Emerald Coast. Emerald Coast Zoo & Chautauqua Winery - Local attractions perfect for family outings. Endless Outdoor Adventures: Multiple hiking trails including Florida Trail (Eglin & Nokuse), Lakewood Park, and Lafayette Creek. Natural Springs & Parks - Explore Vortex Springs, Ponce De Leon Springs, Morrison Springs, and Florida Caverns in Marianna. Key Features: *.67 acres - Zoned R-1 for single-family residential * Water & sewer installed (tap fee due) *Flood Zone X - No wetlands (per Walton County GIS maps) * Minutes to downtown DeFuniak Springs & shopping *Less than 50 minutes to the beaches of 30A *Close to fishing, boating, hiking, and natural springs This rare homesite blends convenience, nature, and lifestyle in one of Florida's most charming communities. Don't miss your chance to own a piece of DeFuniak Springs - schedule a visit today! Buyers are responsible for verifying all property details and dimensions. Information is believed to be accurate but is not guaranteed.
#1002110

DeFuniak Springs

Lot B .67 Acres Walton Road

None Beds

None Baths

0.67 acres

$64,900

MLS#: 1002110

Sellers are Motivated! Experience the relaxing 30A lifestyle in this charming coastal retreat just steps from the Beach on the south side of 30A. This top floor condo perfectly balances cottage ease with a light-filled, open floor plan with dramatic 18 ft ceilings that immediately elevate the sense of space and loft area. Updated with built-ins, a new staircase with storage underneath, plank flooring, granite countertops in the kitchen and new appliances installed on 7/16/26 (See 'New Kitchen Appliances in the Document section for photos). The bathroom has also been completely updated. Unit 302 is sold fully furnished, making it a seamless transition for those seeking a vacation getaway or an investment property. Step onto the private balcony facing due south and soak in the serene coastal lake to the left, Gulf views straightaway and sparkling heated pool below. When you're ready for the sand and surf, the public beach is a mere 450 ft from your door, putting the sugar-white dunes and emerald waters just steps away. It truly is a stunning sight that never gets old and always amazes. Ownership here also comes with peace of mind. The building recently underwent significant capital improvements including a new roof, Hardie board siding, and a new elevator. The amenities cater to total relaxation offering a heated pool, hot tub, covered pavilion, grilling area, grassy dog walking spots, bike storage, golf cart charging stations, and a laundry area. Whether expanding your rental portfolio or finding your own slice of Seagrove Beach, this top floor unit delivers the quintessential coastal Florida experience south of 30A. What sets Beachfront 2 is that the beach used is an actual public beach vs a public beach access. A public beach access is simply a designated path or entrance that gets you to the sand, while a public beach is the actual stretch of sand and where anyone can legally lounge, walk and swim all day without restrictions. Food for thought and definitely an advantage to beachgoers.
#1006861

Santa Rosa Beach

145 Beachfront Trail # 302

1 Beds

1 Baths

657 Sq.Ft.

$539,000

MLS#: 1006861

Welcome to Destiny by the Sea, Destin's premier gulf-front, luxury gated community. This beautifully maintained 5-bedroom, 5-bath residence with a private elevator servicing all floors offers approximately 2,850 square feet of elegant coastal living and is currently the only home available in Destiny by the Sea priced under $2 million. Recently painted inside and out, this move-in-ready home blends timeless architecture with bright, inviting interiors designed for entertaining and relaxed beach living. The open-concept floor plan flows seamlessly from the living area to the well-appointed kitchen and dining space. Multiple covered balconies provide the perfect place to enjoy morning coffee, coastal breezes, and spectacular Florida sunsets. Generously sized bedrooms each with their own ensuite baths offer privacy and comfort. With its ideal location; just steps from the sugar-white sands of the Emerald Coast, it makes this home ideal as a primary residence, luxury vacation retreat, or high-performing investment property. Life in Destiny by the Sea is defined by exclusive resort-style amenities. Residents enjoy 24/7 guarded security, private deeded access to one of Destin's beautiful beaches, community swimming pool, beautifully landscaped streets, and an unmatched sense of privacy just minutes from dining, golf, shopping, marinas, and entertainment.
#1006931

Destin

4836 Ocean Boulevard Boulevard

5 Beds

5 Baths

2,850 Sq.Ft.

$1,590,000

MLS#: 1006931

Assumable VA Loan at 3.75% Gross Rentals 2026 - $32,300 (89 nights) CAO 19JUL Proven Rental-First Floor Pool Side getaway that is great as an investment or second home at The Palms of Destin! Boasting a prime location with serene pool views, this beautifully decorated unit blends modern upgrades with coastal charm. Recent enhancements include a brand-new HVAC system (installed 2024) and a new water heater, ensuring comfort and efficiency for years to come. Inside, you'll find sleek quartz countertops, stylish furnishings, and custom-built bunk beds--perfect for families or groups. Rental history reflects gross sales as paid to the company. **2025-**$42,400 (178 nights) - **2024:** $41,800 (157 nights) **2023:** $49,000 (177 nights) - Owners stayed 2-3 months a year.
#990427

Destin

4207 Indian Bayou Trail 2111

2 Beds

2 Baths

970 Sq.Ft.

$314,900

MLS#: 990427

Are you ready to experience an elevated level of the Gulf-Front condominium lifestyle? Prepare to enjoy all that Unit 4791 in Westwinds at the Sandestin Golf & Beach Resort has to offer. To begin, your elevator ride from the lobby will jettison you to your new 11th floor condo featuring two bedrooms with two & a half bathrooms. You are perfectly tucked in, overlooking the incomparably gorgeous shoreline that drew you here in the first place. Your Emerald Coast views of the Gulf extend as far as the eye can see. Get your camera ready, who knows what fun dolphin play you may witness? This immaculate unit was recently updated and upgraded. The kitchen area pops with a coastal-inspired tiled backsplash, bistro-style island seating and a fresh appliance suite to compliment the pristine cabinetry. Both bedrooms are sure to impress, along with their adjoining stylish bathrooms. One advantage of ownership in Westwinds is your ability to rent. You have discovered a premium turn-key rental property. If you don't know much about the Resort, you are in for a magnificent treat! Just wait until you see all you can do while you are here. From witnessing a glorious sunrise over the beach to spectacular fireworks over the water before bed, what you stack in between is only limited by your imagination. If that doesn't appeal to you, it will matter to all the vacationers clamoring to get a reservation for your new 4791 Westwinds condo. It is time to elevate your beach condo experience today!
#1006902

Miramar Beach

4791 Westwinds Drive # 4791

2 Beds

2 Baths

1,145 Sq.Ft.

$1,125,000

MLS#: 1006902

Here is your chance to own the nicest unit available in Southbay! This beautifully renovated / fully furnished 3BD/2.5BA Townhome (1289 sq. ft.) in Southbay by the Gulf. This unit features 2 stories with a large, open floor plan on the main level and 3 bedrooms upstairs with a complete renovation in 2023. Nearly everything is new. As a self managed STR, this did $58K in 2024 at only 50% occupancy. Sellers also use it a good amount. Remove owner usage to rent it more aggressively and watch the revenue climb!! Easy beach access as well as a quick drive to everything Destin has to offer. You will love all the new features: New painting, Murals done, panels done, New furniture and beds except for bunk beds, HVAC system replaced, New washing machine, New kitchen burner, Schlage door lock, Ring door camera and ring perimeter camera. HOA installed a new ball and tennis court, New walking bridge and new roof on the property.
#990969

Destin

940 Highway 98 Unit 36

3 Beds

2 Baths

1,289 Sq.Ft.

$538,400

MLS#: 990969

The Anfield plan offers 1,442 square feet with 2 bedrooms, 2 bathrooms, a powder room, and a 1.5-car garage in the Villas at Longleaf Park at Watersound Origins. Estimated completion is November/December 2026. Positioned on a homesite overlooking a retention pond with a wooded backdrop, the covered rear patio provides a peaceful setting to enjoy the view while maintaining the convenience of paired patio living. The floor plan features an open kitchen, dining, and family room with 10-foot ceilings, creating a spacious central gathering area. The kitchen includes a large island, walk-in pantry, gas cooktop, ceramic tile backsplash, and soft-close cabinetry with quartz countertops. The primary suite is tucked privately at the rear of the home and features a walk-in closet and an upgraded owner's bath with enhanced tile finishes. A secondary bedroom and full bath are positioned near the front of the home, while the added powder room offers convenience for guests. Luxury vinyl plank flooring extends throughout the home, complementing the clean, low-maintenance design. Additional features include impact-rated windows, 8-foot interior doors, a tankless water heater, covered patio, Smart Home package, gas grill rough-in, and exterior lawn maintenance. Located just minutes from Watersound Town Center, Publix, restaurants, medical offices, and Highway 98, homeowners also enjoy access to the Origins Golf Course, Village Commons, walking trails, and the amenities of the Watersound Origins community.
#1006928

Watersound

415 A Suwannee Drive #56A

2 Beds

2 Baths

1,442 Sq.Ft.

$532,987

MLS#: 1006928

Set within the desirable Lakeside at Blue Mountain Beach community, 258 Cabana Trail presents an exceptional opportunity to build a custom home on a spacious 0.29-acre lot in one of South Walton's most naturally scenic settings. This homesite offers a peaceful, private atmosphere with tranquil lake and wooded views, creating an ideal backdrop for a thoughtfully designed primary residence, second home, or investment property. Located directly across from the community pool, the lot enjoys added convenience and lifestyle appeal while still maintaining a quiet residential feel. The neighborhood borders Point Washington State Forest, providing immediate access to miles of hiking and biking trails and preserving long-term privacy and green space. Just minutes away, Blue Mountain Beach offers easy access to the Gulf's sugar-white sand and emerald waters, as well as nearby dining, shopping, and entertainment along 30A. With close proximity to Highway 83 and Highway 98, travel throughout South Walton is seamless. With utilities available and ample room for outdoor living, this oversized lot allows for flexible home design and the opportunity to create a true coastal retreat surrounded by nature. 258 Cabana Trail combines location, lifestyle, and build potential, making it a rare and compelling offering in today's market.
#991582

Santa Rosa Beach

258 Cabana Trail

None Beds

None Baths

0.29 acres

$369,900

MLS#: 991582

Experience coastal living at its finest in this stunning one-bedroom, two-bath condominium in Calypso Tower III, the newest high-rise in Panama City Beach. Thoughtfully designed this beautiful condo offers the perfect blend of comfort, style, and functionality, making it an ideal vacation getaway, investment property, or full-time residence. Step onto your private balcony and take in breathtaking panoramic views of the emerald-green Gulf of Mexico, where every sunrise and sunset creates a picture-perfect backdrop. From the comfort of your own balcony, enjoy front-row seats to Panama City Beach's spectacular Fourth of July and New Year's Eve fireworks displays. Located just steps from Pier Park, you'll have easy access to premier shopping, dining, entertainment, and the beach, while enjoying the exclusive amenities of the newest resort tower in PCB, including a resort-style pool, fitness center, hot tub, fire pit, and covered parking with convenient beach access via the pedestrian skybridge. Whether you're relaxing by the pool, strolling the sugar-white sands, or soaking in the incredible Gulf views, this exceptional condo offers the ultimate beach lifestyle.
#1006893

Panama City Beach

15928 Front Beach Road # 31608

1 Beds

2 Baths

1,103 Sq.Ft.

$424,900

MLS#: 1006893

This ground floor 2-bedroom 2-bathroom unit is in one of the most desirable buildings in Indian Lake plus it is one of the only units with an oversized landscaped back patio overlooking green space perfect for morning coffee. Indian Lake condominium is located in the center of Destin near shopping, restaurants and beaches! The Community has a pool, fitness center, dedicated boat parking and playground making it a perfect first-time buyer home, a second home or a vacation home or rental. Situated directly across from Morgan's Sports Center, Destin's premier recreational complex featuring sporting fields, jogging tracks, sand volleyball courts as well as the Destin City Dog Park.
#995772

Destin

4080 Dancing Cloud Court UNIT 218

2 Beds

2 Baths

1,013 Sq.Ft.

$210,000

MLS#: 995772

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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