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25.64 acre Developer opportunity. Zoned Residential 3 (R3) Duplexes, Triplexes, Quadraplexes. The highest and best use is a 278 planned townhome unit development. Development order has expired and would need to be renewed by the new buyer. The site has 8.55 wetland acres and 17.09 upland acres. The current owner invested $1.589 million in water, sewer, and building permit fees; $230,439 in engineering, environmental, architectural design for development order, and $1.818 million for land improvements including building pads. The total cost of improvements is $3.638 million. The initial townhome development was designed for 278 townhomes that were 1,332 square feet each with one car garages (architectural renderings are available). The property is located approximately .1 of a mile north of Highway 98, on Wildwood Road. The subject currently fronts Wildwood Road which intersects Highway 98. Nearby uses include detached single family residential, high rise condominiums, significant commercial development at the intersection of Wildwood and Highway 98 including a Big Kmart and a CVS Pharmacy and vacant land. The subject property is in northeastern Panama City Beach, just west of Panama City, in Bay County, Florida. This area has experienced rapid and continuing growth over the past 5 years.
#633449

Panama City Beach

300 COVE VILLA Road

None Beds

None Baths

25.64 acres

$2,200,000

MLS#: 633449

Gulf View! Fully Furnished Duplex! 10BR/6BA! Rental Projections $300K+ Built in 2017 and fully furnished, this exceptional Panama City Beach duplex offers two identical 5 bedroom, 3 bathroom units just steps from public beach access and the white sands of the Gulf. Each unit features open-concept living, granite countertops, stainless steel appliances, luxury vinyl plank flooring, and a light coastal design. The flexible floor plan includes a first-floor bedroom, an upstairs primary suite with private Gulf-view balcony, bunk room, and two additional guest bedrooms. Private driveways offer ample parking. Covered rear patios and backyard space provide room for a small private pool. Whether you're seeking a vacation home, multi-family retreat, or income-producing property, this turnkey duplex is ready to perform. Projected combined rental income exceeds $300,000 annually. All information taken from appraiser site; sizes approximate. Buyer to verify.
#776239

Panama City

6006 Thomas Drive

10 Beds

6 Baths

4,480 Sq.Ft.

$2,200,000

MLS#: 776239

Step back in time and experience Old Florida charm in this beautifully preserved 1940s beach cottage, perfectly situated with 50 feet of direct Gulf frontage. This 3-bedroom, 2-bathroom home blends timeless character with relaxed coastal living. Wake up to stunning sunrises and end your day with breathtaking sunsets—right from your backyard. Whether you're seeking a weekend retreat, vacation rental opportunity, or the ideal spot to build your dream beach home, this property offers endless potential. Enjoy peace and privacy, yet remain just minutes from local shops, dining, and attractions. Homes like this rarely come to market—don't miss your chance to own a piece of Gulf Coast history.
#780465

Panama City Beach

22019 Front Beach Road

3 Beds

2 Baths

1,198 Sq.Ft.

$2,200,000

MLS#: 780465

Price REDUCED! Investors and Beach lovers this Gulf front home features 6 bedrooms, 6 baths, private fenced pool, 2-covered porches, and has direct beach access with a private boardwalk. Each floor has its private covered balcony offering stunning views of the beach, making it the perfect place to sit and watch the tide roll in. The first floor features your main living area, spacious kitchen, dining area, laundry room, and two oversize bedrooms. The second floor features a small sitting area and 4 bedrooms. They are 2 Gulf-facing Master bedrooms that each have an en-suite bathroom both rooms open up to an ocean-view balcony. This sought-after beach area is within walking distance to the famous Pineapple Willy's This comes furnished and sleeps 16 guests,
#724821

Panama City Beach

9740 Beach Boulevard

6 Beds

6 Baths

2,716 Sq.Ft.

$2,200,000

MLS#: 724821

Home is under contract with a 72 hour Kick-out Clause. This GORGEOUS model home is now available for purchase! This 5 bedroom, 5-1/2 bath fully furnished custom built home is a family or investors dream. This exquisite Magnolia Floor Plan custom built by local builder Luke & Blue boasts almost 3600 SqFt of living space and spectacular views of one of the most beautiful coastal dune lakes. Each floor of this home provides impressive views of Western Lake all while overlooking the community swimming pool area. Open concept living is truly represented in this home. Behold the lake views as you enter the 2nd floor into the inviting custom built kitchen. The solid wood cabinetry with dovetail joinery and cushioned close hardware, marble countertops, Wolf 36'' 6 burner all gas range and
#775380

Santa Rosa Beach

16 Garfield Street

5 Beds

5 Baths

3,596 Sq.Ft.

$2,200,000

MLS#: 775380

Casa Blue did $143,000 in nightly rent for 2021 with owner stays. $85,000 pre booked for 2022. Rental projection for 2022 is $180,000. No HOA. Turn key rental ready (everything stays) and can continue with current management company that has been managing the home for 3 years.
#889601

Destin

83 Cobia Street

5 Beds

5 Baths

3,120 Sq.Ft.

$2,200,000

MLS#: 889601

Discover the epitome of waterfront living with this exquisite estate nestled in the desirable, family-friendly Bluewater neighborhood in Niceville. Situated on Rocky Bayou with an impressive 150 feet of water frontage, this property is a rare find with no HOA restrictions. The main residence features four spacious bedrooms and four beautifully designed bathrooms. The open layout seamlessly connects living spaces, while large windows frame stunning water views from every room. Step outside to a covered patio and soak in the serene surroundings or relax in the heated infinity pool overlooking the bayou. A private dock provides easy access to the water for boating, fishing, or simply enjoying the Florida lifestyle. Adding to its appeal, a charming guest house is located above the detached two-car garage. Perfect for visitors or as an in-law suite, it includes one bedroom, a full bathroom, a cozy living area, and a kitchenette. Enhancing the property's allure is a whole-house Generac generator, providing peace of mind and uninterrupted comfort. A tranquil private pond adds an extra touch of natural beauty to this already spectacular estate. This waterfront haven at 8 Bluewater Point Road is more than a home- it's a lifestyle. Don't miss the chance to own a slice of paradise in Niceville!
#963181

Niceville

8 Bluewater Point Road

5 Beds

5 Baths

4,414 Sq.Ft.

$2,200,000

MLS#: 963181

Rare opportunity to own a homesite in the highly desirable Prominence neighborhood / 30A corridor of Walton County. This property offers an ideal setting to build a primary residence, vacation home, or investment property in one of the most sought-after coastal markets along Scenic Highway 30A. Conveniently located just minutes from the sugar-white sand beaches of the Gulf of Mexico and close to the dining, shopping, and entertainment of Alys Beach, Rosemary Beach, and Seacrest. Enjoy easy access to bike paths, beach access points, and the relaxed coastal lifestyle that makes the 30A area one of the premier destinations in Northwest Florida. A great opportunity for builders, investors, or buyers looking to create their own custom beach retreat.Contact our team for rental projections!
#996635

Inlet Beach

42 Siasconset Lane

4 Beds

3 Baths

3,383 Sq.Ft.

$2,200,000

MLS#: 996635

Price reduced! Located on Business Highway 331 in Freeport, Florida this property consists of 15+ acres with approximately 750 feet of highway frontage on Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer. and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school is being built in Hammock Bay is less than 4 miles away. This property includes a 2500 square foot custom built home and two large sheds for vehicles, boats or equipment. This unique property is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses ais located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for recreational pleasure within minutes of this location.
#977667

Freeport

14034 US-331 BUS

None Beds

None Baths

N/A

$2,199,999

MLS#: 977667

Luxurious, 3BR, 3BA 7th floor St. Thomas condo on the Emerald Coast with 2100+ sq ft living, 300+ sq ft terrace. Private Silver Shells beach access, breathtaking Gulf of Mexico views. Exclusive non-rental building. Remodeled 2023. Fully furnished. Access to resort pool, tennis courts, pickleball courts, state-of-the-art gym. Upgrades list: new kitchen, white Cafe appliances, double oven, nugget ice maker, new paint, shaker cabinets, built-in queen over queen bunk beds, wet bar conversion, luxurious master bath, smart toilets with heated seats, quartz countertops, washer/dryer, additional fridge/freezer, new designer furniture, remote-controlled roller shades, designer light fixtures, HD TV wall-mounted TVs. Fully Furnished.
#943259

Destin

15400 Emerald Coast Parkway UNIT 704

3 Beds

3 Baths

2,101 Sq.Ft.

$2,199,999

MLS#: 943259

Price reduced. Accepting backup offers! On Business Highway 331 in Freeport, Florida. City of Freeport is recognized as one of the fastest growing cities in the State of Florida. Property consists of 15+ acres with approximately 750 feet of highway frontage of Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school being built in Hammock Bay is less than 4 miles away. This property features a 2500 square foot custom home that has been meticulo maintained by the same family since it was constructed in 1973. Large open yard and grounds are ideal for large family gatherings, children and pets. Recent upgrades to the house include a complete renovation to the kitchen which includes new cabinets//countertops, flooring and appliances. Open floor plan includes a large family room, separate dining room, three bedrooms, 2 bathrooms and a large back porch/deck. New paint and flooring in most rooms. Roof is less than 10 years old, HVAC is less than 5 years old, hot water heater is approximately 5 years old. There are two large sheds that can accommodate multiple cars, boats, tractors and equipment. This unique house and acreage is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses is located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for your recreational pleasures within minutes of this location.
#932565

Freeport

14034 331 Business

3 Beds

2 Baths

1,810 Sq.Ft.

$2,199,999

MLS#: 932565

Seagrove Beach Sanctuary | Steps to the Sand | Ultimate Coastal RetreatWelcome to your dream beach escape in the heart of Seagrove Beach. Tucked away south of Florida State Road 30A, this custom-built 5-bedroom, 4.5-bath residence blends privacy, craftsmanship, and effortless coastal living. Designed by a respected local builder as his personal home, every space reflects thoughtful design and elevated finishes. Cathedral ceilings crown the primary suite, while shiplap accents, expansive living areas, and a chef's kitchen with premium appliances, a butler's pantry, and oversized storage make entertaining seamless. A built-in bunk room increases flexibility for guests and rental appeal, creating a layout that lives large while still feeling warm and inviting. Step outside and the home transforms into a private resort. Lush Old Florida landscaping surrounds an unforgettable outdoor entertaining area complete with balconies, an outdoor shower, and a tucked-away sauna that feels like your own hidden spa. There's even room to add a pool, elevating the space into a true backyard sanctuary. Two nearby beach accesses including the unique Eastern Lake outfall place the Gulf just moments away. Walk or bike to local favorites like Old Florida Fish House and the vibrant new Greenway Station hub while still enjoying a quiet, secluded setting. Whether you're seeking a personal retreat or a short-term rental, this home delivers location, lifestyle, and luxury in one rare package along 30A. Schedule your private showing today and experience this coastal hideaway in person.
#995406

Santa Rosa Beach

109 Williams Street

5 Beds

4 Baths

2,700 Sq.Ft.

$2,199,999

MLS#: 995406

Welcome to your new 30A beach house at 111 Walnut Street. You do not want to miss this new construction home with 6 bedrooms including two master bedrooms and 4 and 1/2 bathrooms and an expansive pool. From the moment you enter, this home is nothing short of AMAZING. The spacious floorplan and outdoor living spaces are perfect for entertaining guest. This home also comes with a 3 car garage which will give you plenty of space to keep your vehicles and a golf cart. This location is one you just can't recreate! It truly showcases everything the 30A lifestyle has to offer. You are a short walk to the public beach access and less than a mile from Gulf Place which includes shopping, local cuisine, live music, and so much more!
#927961

Santa Rosa Beach

111 Walnut Street

6 Beds

4 Baths

3,347 Sq.Ft.

$2,199,900

MLS#: 927961

We are proud to present the charming gated community of Caspian Estates located South of 30A in Santa Rosa Beach. It consists of 9 home sites including 4 existing homes and a community pool all just steps from the beach. We have completed constructionand furnished beautifully. Lot 6 has 3,445 Sq Ft, 5 bedrooms, 5 full baths and 1 Half Bath. There are many unique features including an elevator that will take you to the enclosed rooftop terrace with Bedroom, full bathroom, wet bar, gathering area with doors that open to multiple observation decks all with a Gulf view and a grilling deck. The first floor greets you with a private foyer, elevator, laundry, guest room, full bath and a staging area with refrigerator, sink and ice maker.
#783261

Santa Rosa Beach

Lot #6 Scuttle Hole Road

5 Beds

5 Baths

3,445 Sq.Ft.

$2,199,900

MLS#: 783261

Welcome to your dream beach retreat in the highly sought-after, gated community of Destiny East sits This beautifully renovated villa sits on a corner lot which offers privacy and plenty room for everyone. Villa comfortably sleeps 20 and was designed with entertaining and luxury coastal living in mind. Short-term rentals ok! The main residence features five spacious bedrooms, including three primary suites with private ensuite baths, offering comfort and privacy for family and guests alike. A second-floor bunk room and an oversized third-floor bunk room with adjoining den and charming spiral staircase create the perfect gathering spaces for kids and guests. At the heart of the home, the huge gourmet eat-in kitchen impresses with a granite island, tile backsplash, and abundant space for hosting. Multiple living and entertaining areas flow seamlessly to the outdoors, where you'll find two enormous covered porches, lush landscaping, extensive outdoor lighting, and a private resort-style setting. Step outside to your own backyard oasis featuring a heated private pool, hot tub, and expansive grilling area--perfect for relaxing after a day at the beach. Additional highlights include a full-house generator, on-demand water heater, new roof (2023), 2-car garage, and thoughtful upgrades throughout. Above the garage is a separate apartment-detached carriage house provides additional flexibility--ideal for guests, in-laws, or rental potential. Carriage home is complete with a full kitchen, a living room and a separate bedroom. Destiny East amenities include a deeded beach access, lagoon-style community pool, Destiny East Clubhouse, tennis/pickleball courts, a putting green, playground, fitness center. Close to several outstanding restaurants, and local attractions. This exceptional property offers the ultimate combination of location, luxury, and space--perfect as a primary residence, second home, or high-performing vacation rental in one of Destin's most desirable communities
#996297

Destin

44 Tranquility Lane

5 Beds

5 Baths

4,918 Sq.Ft.

$2,199,900

MLS#: 996297

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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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