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Forget rental projections! This FOURPLEX generated $70,000 in rental income LAST YEAR! We're talking about FOUR fully occupied units, long-term tenants who've been here for over 5 years, and a prime Panama City Beach location directly across from the Navy base and just minutes from the beach.
And here's the BONUS... an additional approx. 0.274-acre parcel of land is INCLUDED in the price! Now THAT'S what I call an investment opportunity!
Search on YouTube ''7308 Kingman St | $70K Rental Income Fourplex + Extra Land | Panama City Beach FL'' for video tour.
Welcome to 7308 Kingman Street, an income-producing fourplex offering immediate rental income with room for future growth! The property consists of four separate townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. All four units are currently occupied, providing an established rental history without the need to start from scratch finding tenants.
The property has a new roof installed in 2018, and one of the HVAC systems was replaced in 2025. New Drain Field $15k installed recently. With long-term tenants already in place and the potential to increase rents over time, this property offers an opportunity for investors looking to grow their rental income.

But what really sets this investment apart is the additional approx. 0.274-acre parcel included in the sale! Whether you're considering future development, expansion, or simply holding the land as a separate asset, this extra parcel adds another layer of potential. A property survey is available for review.
Location is another major advantage! Situated directly across from Naval Support Activity Panama City and just minutes from the beautiful beaches of Panama City Beach, shopping, grocery stores, restaurants, and everyday conveniences, this property is positioned in an area with multiple sources of rental demand.

Four income-producing units, $70,000 in last year's rental income, established tenants, and an additional parcel of land, all in one purchase! Opportunities like this are worth a closer look. Contact us today for additional financial information, the survey, or to schedule a private showing.

Panama City Beach

7308 Kingman Street

8 Beds

4 Baths

4,464 Sq.Ft.

$775,000

MLS#: 796884

Positioned in sought after Crystal Beach, this turnkey coastal retreat presents an exceptional opportunity for investors, second home buyers, or those seeking a primary residence in the heart of Destin. Offering 6 bedrooms, 5 bathrooms, a private pool, multiple living and entertaining spaces, and a separate carriage house, the property is designed to accommodate large groups while delivering the amenities and experience today's vacation renters seek. More than $100,000 in rental reservations are already secured for 2027, offering buyers the opportunity to step into an established income producing property with future bookings in place. Rental history and additional rental information are available upon request.

Extensive improvements have elevated both the functionality and appeal of the home, including all new flooring throughout the main residence, professional interior and exterior paint, and a fully updated main kitchen with new appliances. The former garage has been transformed into an impressive game room and guest sleeping area featuring a new full bathroom, dedicated sleeping space, plumbing for a secondary washer and dryer, a walk out door to the exterior, and a custom indoor and outdoor counter bar created through the garage door pass through, providing an ideal setting for entertaining and vacation rental guests.

The private carriage house further enhances the property's versatility with its own king bedroom, full bathroom, living area, updated kitchen, and new appliances. Outdoor spaces have also been refreshed with renovated and painted decks, a resurfaced pool, and newly finished pool deck, creating a resort style setting for lounging, dining, and gathering.

Offered turnkey with newer premium furnishings, this home is positioned for immediate enjoyment and continued rental performance. Just a short walk from Destin's sugar white beaches and minutes from popular dining, shopping, and entertainment, this distinctive Crystal Beach property offers a rare combination of location, guest focused amenities, substantial improvements, and established future rental demand.

Destin

91 Stingray Street

6 Beds

5 Baths

3,668 Sq.Ft.

$1,920,000

MLS#: 1014148

Welcome to your private waterfront sanctuary on Mallet Bayou. Situated on 3.5 serene acres with ~150 feet of direct water frontage. Potential to split into buildable lots. This fully updated estate seamlessly blends high-end modern design with an effortless coastal lifestyle. Reimagined from top to bottom, the main residence includes ~2800 sq ft and features 4 bedrooms, 3 . 5 bathrooms, and premium finishes throughout. Everything in the home has been completely upgraded to meet the needs of modern family. Perfect for extended family, guests, or flexible living, the estate includes a 3-car garage topped with a fully renovated, private 2-bedroom, 1-bathroom mother-in-law suite (1000 sq ft). Enjoy expansive natural grounds, seamless indoor-outdoor living, and quick, easy access to open water. Located in a highly desirable waterfront community just minutes from top-rated schools, local dining, and shopping. Rare combination of acreage, privacy, dual living spaces, and premier water access provided by the newly rebuilt dock!
For those looking to do more with the land - the listed size lot includes 0.5 acres approval pending buildable lot. No HOA restrictions for this property. Survey available.

Freeport

1820 Lagrange Road

4 Beds

3 Baths

2,800 Sq.Ft.

$1,999,999

MLS#: 1013440

#1014142

Shalimar

7 Connie Drive

3 Beds

2 Baths

1,575 Sq.Ft.

$399,900

MLS#: 1014142

Open house

*Offering WaterSound Beach Club Lifestyle Membership with an acceptable offer.*

Positioned within the gated community of Grace Point in Inlet Beach, 19 Rainer Lane presents a refined interpretation of modern coastal living, where architectural detail, elevated finishes, and Gulf views come together across three thoughtfully designed levels.

Spanning 3,064 square feet, the fully furnished residence offers four bedrooms, four full bathrooms, and one half bath, along with a two-car garage and a seamless connection between indoor and outdoor living spaces. Throughout the home, white oak flooring creates warmth and continuity, while carefully placed architectural details--including exposed wood beams in the living area, kitchen, and primary suite--add texture and character to the interiors.

The main living spaces are designed to feel both expansive and inviting. A large kitchen island anchors the chef's kitchen, complemented by Sub-Zero appliances, generous cabinetry, and an oversized pantry that enhances both functionality and entertaining. Just beyond, the living and dining areas open onto a spacious deck, creating a natural extension of the home for morning coffee, sunset dinners, and coastal breezes.

Adjacent to the kitchen, an additional outdoor entertaining space features a built-in grill and sink, offering a thoughtfully designed setting for open-air dining and gathering. The primary suite is elevated in both comfort and design, featuring wood-beamed ceilings, a private wet bar, and a calming atmosphere that reflects the surrounding coastal environment. Gulf views continue throughout the home, culminating in a large rooftop deck designed for panoramic sunsets, evening conversations, and quiet moments above the shoreline.

Outdoor living is further enhanced by a private pool, offering a peaceful retreat after a day at the beach or an inviting setting for entertaining beneath the coastal sky.

Blending sophisticated finishes with the relaxed elegance of life along 30A, 19 Rainer Lane offers a home where thoughtful design, Gulf views, and effortless indoor-outdoor living define the experience of Grace Point.

Inlet Beach

19 Rainer Lane

4 Beds

4 Baths

3,064 Sq.Ft.

$3,985,000

MLS#: 1014150

Open house

Miramar Beach

64 Shore Drive

4 Beds

2 Baths

1,640 Sq.Ft.

$525,900

MLS#: 1014099

Imagine building your dream home just a few houses from the beautiful waters of North Bay, with the potential to enjoy bay views from a thoughtfully designed two-story home! Located in the desirable College Point community, this spacious, completely cleared 93' x 150' lot offers approximately 0.32 acres and an excellent opportunity to create your ideal coastal retreat. Situated in unincorporated Bay County, outside the Lynn Haven city limits, the property is located in Flood Zone X, with a survey from the seller's original purchase available. Enjoy the charm of this established neighborhood with nearby waterfront parks, kayaking, paddleboarding, fishing, and convenient access to public boat ramps. Outdoor enthusiasts will appreciate the area's scenic surroundings and recreational opportunities, all while remaining just minutes from Lynn Haven's shopping, dining, schools, and everyday conveniences. Don't miss this opportunity to build the home you've always envisioned in the beautiful College Point community!

Lynn Haven

2226 Washington Street

None Beds

None Baths

0.32 acres

$99,900

MLS#: 796847

The 3/2/1 Buydown is BACK! For Qualified buyers with a full price offer. Don't wait for rates to drop. Grab one of the best flipped homes on the market right now with a drastically reduced payment for your first three years! I am paying 100% of your closing costs upfront.

100% MOVE-IN READY • 2021 HOME • THE PRESERVE • ½-ACRE LOT This stunning 2021 Destin floor plan home sits on a spacious ½-acre lot in The Preserve and is fully move-in ready with modern finishes and upgrades throughout. Interior Features Granite countertops in kitchen & all baths Stainless steel appliances + breakfast island bar Large corner pantry Breakfast nook + formal dining room Spacious Bedroom 1 w/ huge walk-in closet Double vanity, garden tub & separate shower Smart Home Technology Package Wood-look flooring in main areas; carpet in bedrooms.

2021 Roof, With Solar Panels 2021 AC, 2021 Water Heater Hardie-board front + brick sides 12' x 15' covered patio 3-car garage Fabric hurricane window protection

Condition Completely move-in ready with fresh colors, updated finishes, and a clean, open layout perfect for entertaining.

Milton

8094 Majestic Cypress Drive

4 Beds

3 Baths

2,380 Sq.Ft.

$394,900

MLS#: 1014116

Near the bay and the beaches of 30A, this Florida cottage offers a peaceful two-lot setting where the outdoor spaces are as inviting as the home itself.

Located in Point Washington near a neighborhood boat launch, the home welcomes you with a front porch that invites you to settle in and slow down, while mature outdoor surroundings create a relaxed setting for everyday coastal living.

A new roof was installed in June 2026. Inside, new flooring throughout, including hardwood in the main living area, pairs with fresh paint, new light fixtures, and cathedral ceilings to bring warmth and an airy feel to the open floor plan. The kitchen features new cabinets, new granite countertops, a new tile backsplash, and new stainless steel appliances, complemented by a breakfast bar and kitchen island with an easy connection to the living and dining spaces. Both bedrooms and baths are thoughtfully positioned for comfortable everyday living, with marble and porcelain bathroom counters, tile, and decorative lighting and faucets adding finishing detail. Out back, the home's easygoing feel continues with an outdoor shower with hot & cold water, on the back porch, a covered potting and work area, and a large deck beside the peaceful koi pond. There is room to spend an unhurried morning tending plants, rinse off after a day at the beach, or settle into a favorite chair by the pond as the afternoon slips into evening. These outdoor spaces invite you to linger a little longer and enjoy the quieter moments at home.

The spacious yard includes a lawn pump and sprinkler system, along with two storage sheds for tools, beach gear, and outdoor equipment.

Additional updates include newer HVAC and water heater from 2023, adding to the home's appeal.

Whether you are looking for a primary residence, a second home, or a place to enjoy the Point Washington lifestyle, this home offers a rare two-lot setting close to the bay and South Walton's sugar-white beaches, shopping, and dining, with a peaceful place to return to at the end of the day.

An additional 50 × 150 lot adjacent to the property may also be available for purchase, offering the opportunity for even more space and privacy.

All information is deemed reliable and provided for informational purposes; buyers are encouraged to independently verify all details.

Santa Rosa Beach

148 Summer Breeze Lane

2 Beds

2 Baths

1,077 Sq.Ft.

$579,000

MLS#: 1014147

Situated in a quiet neighborhood with no HOA, this property offers spacious front and backyards, added privacy, and plenty of room for boat or RV parking. Major components are less than two years old, including a new roof in 2025 and HVAC system and hot water heater in 2026! The home includes an attached single-car carport in the front and a detached two-car garage in the back, providing ample covered parking, storage, or workspace. An additional highlight is the whole-house automatic generator, providing backup power during outages. Inside, beautiful wood flooring adds character, while a gas fireplace with attractive finishes serves as a focal point in the living area. The kitchen includes a refrigerator, dishwasher, and built-in shelving that could serve as a coffee bar, appliance station, or additional storage. An additional utility room out back provides extra space for storage, hobbies, or projects. The generously sized backyard offers plenty of room for outdoor entertaining, gardening, or future improvements. Conveniently located approximately three minutes from I-10 and 25 minutes from the beach, the home provides easy access to shopping, dining, and surrounding amenities. With opportunities for updates and personal touches, this property offers plenty of potential to make it your own!

Pensacola

8581 Redwing Drive

4 Beds

2 Baths

1,460 Sq.Ft.

$224,900

MLS#: 1014133

Luxury Gulf-View Condo at Luau | 11th Floor | 3 Bed, 3 Bath | 1,685 Sq Ft. This stunning 11th-floor condo in Luau offers some of the best panoramic Gulf views in the building, with sweeping vistas of the Emerald Coast, the lake, pool and breathtaking southwest sunsets. Step onto the expansive private balcony--perfect for morning coffee, sunset cocktails, and soaking in the coastal breeze. Beautifully high-end renovated, this spacious residence features 2 bedrooms and 2 baths, plus a lock-off studio with its own full bath, creating a total of 3 bedrooms and 3 bathrooms--ideal for flexible living, guest accommodations, or maximizing rental potential. With 1,685 square feet, the open-concept layout is designed to maximize natural light, views, and comfort. Uniquely located next to the Sunset Deck, you can step right outside your door and enjoy extra-long mornings and peaceful evenings overlooking the Gulf. Residents and guests also enjoy Luau's premier amenities, including a lagoon-style pool with swim-under waterfall, fitness center, gas grills with shaded pergola seating, and a short, easy walk to the beach. Offered fully furnished, this turnkey condo is perfect as a primary residence, second home, or investment property.

As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club. Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.

Miramar Beach

5002 S Sandestin Boulevard 7126/ 7128

3 Beds

3 Baths

1,685 Sq.Ft.

$1,249,000

MLS#: 1014146

Destin

3290 Scenic Highway 98 East 201B

1 Beds

1 Baths

806 Sq.Ft.

$750,000

MLS#: 1014114

#1013733

Crestview

4172 BIG BUCK Trail

4 Beds

2 Baths

2,179 Sq.Ft.

$419,000

MLS#: 1013733

Welcome to this beautifully maintained, like-new 3-bedroom, 2-bath home in the sought-after SweetBay community! Situated on a premium lot of nearly 7,000 square feet with a view of the bay, this home combines modern comfort, smart-home convenience, and an exceptional lifestyle. The thoughtfully selected upgrades set this property apart, including quartz countertops in both the kitchen and bathrooms, smart interior lighting compatible with major smart-home systems, and a whole-home security system. The primary bathroom offers a touch of luxury with a rain shower and built-in heater for added comfort.

Step outside to enjoy the fully fenced backyard, complete with an in-ground sprinkler system to keep the landscaping looking its best, permanent smart holiday lighting, and a natural gas hookup on the back patio--perfect for outdoor grilling and entertaining. Fiber internet adds another level of convenience for working from home, streaming, and staying connected.

Living in SweetBay means enjoying a lifestyle beyond your front door. Residents have access to resort-style swimming pools, a vibrant Town Center, neighborhood parks, walking trails, basketball courts, playgrounds, and a community dock with access to North Bay. With golf-cart-friendly streets and inviting outdoor spaces, SweetBay offers a unique blend of recreation, community, and relaxation.

Conveniently located near shopping, restaurants, medical facilities, and historic downtown Panama City, with the beautiful beaches just a short drive away, this home offers the perfect balance of modern living and coastal lifestyle. With its bay view, premium homesite, extensive upgrades, and desirable community amenities, this SweetBay home is one you won't want to miss!

Panama City

1021 N Discovery Loop

3 Beds

2 Baths

1,670 Sq.Ft.

$470,000

MLS#: 796882

POPULAR PATRIOT RIDGE with a Community POOL, Cabana, sidewalks, underground utilities. The 'BEAU' model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio & the 'Smart Home Connect 'System with a variety of convenient Smart Home devices. NICE open living room with the dining area open to the kitchen & living room has lots of windows for natural lighting. A well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring & plush carpet in the bedrooms. ALL LISTING pictures, colors, features, and size may vary. Square footages are approximate.

Crestview

2800 Wingman Way

4 Beds

2 Baths

1,856 Sq.Ft.

$349,900

MLS#: 1005013

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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 review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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