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PRICE REDUCTION!!!!! This Residential/Mixed-Use development property is located directly on Hwy 20, the major East/West traffic corridor servicing areas including Freeport, Niceville and Panama City. The best use for this property, with approx. 420' of frontage, is for a Multi-Family project with a Commercial out-parcel in front. This property is right across the street from the Hammock Bay entrance. There is a significant demand increase for affordable housing/apartments in this area. There is also a demand for housing for the service sector residents working in the southern portion of the county where rental prices are high. The site is wooded, level with no wetlands. There is a home on the property that will be delivered ''vacant'' and in the ''As Is'' condition.
#811415

Freeport

1452 W St Highway 20

None Beds

None Baths

12.03 acres

$1,600,000

MLS#: 811415

Highly sought after Romair Magnolia Plan in Phase 4 of Watercolor. The exterior of the home features beautiful porches with a screened side porch opening to the dining area, also a beautiful front porch running the entire length of the home.There are '5 parking spaces' plus a 'CARPORT with 2 spaces'. The centerpiece of the home is the living/dining/entertainment area which has tremendous volume with 12 foot ceilings. The kitchen mixes well with this area and includes icemaker, wine cooler, and free standing island. The master suite and an an office are located on the first floor. Moving to the second floor, there is 2 additional bedrooms with their own bathroom, plus a 4 bed bunk and half bath. There is also a loft/entertainment area which can also accommodate a set of bunk beds.
#865145

Santa Rosa Beach

101 Wisteria Way

3 Beds

3 Baths

2,635 Sq.Ft.

$1,600,000

MLS#: 865145

Homesite North of 30A located close to the upcoming new amenity and Phase of development in Alys Beach.
#899268

Alys Beach

DD3 Evelyn Alley

None Beds

None Baths

0.12 acres

$1,600,000

MLS#: 899268

Introducing an exceptional investment opportunity in the heart of Shalimar! This 12-unit multifamily property delivers a solid NOI of $81K, with a 4% rent increase already secured for 2025. All units are fully leased with no vacancies, ensuring steady income from day one. The seller is offering a stellar financing. Call for details. Subject to credit approval and additional terms.The property features three duplex buildings, each with 2-bedroom, 1-bath units at 812 sqft, complete with carports Current rents range from $900 to $1,300 per month. The fourth building offers six townhouse-style units, each 1,212 sqft with 2 bedrooms and 1.5 baths, renting between $950 and $1,100 monthly  presenting a clear opportunity for rental increases and a significant boost to your bottom line. Located centrally in Shalimar, this property offers unbeatable convenience: just minutes from shopping, dining, and entertainment. Eglin AFB is only 3 miles away, hospitals are within 4 miles, Hurlburt Field is 11 miles, and the stunning Okaloosa Island Boardwalk, with its white sandy beaches and emerald-green waters, is just a short drive. Call today for more information and to schedule a showing!
#969018

Shalimar

40 4Th Avenue

None Beds

None Baths

N/A

$1,600,000

MLS#: 969018

Welcome to a lucrative investment opportunity in Panama City, FL. This prime commercial property at 2810 Hwy 77 offers a solid income stream with a favorable cap rate of 7.1%. With an occupied space and annual tenant income of $163,823 this property ensures long-term financial growth.Featuring two buildings (front 5,000 sf & back 6,000 sf) totaling 11,000 sq ft, this property houses thriving tenants including South Oak Title, Think Real Estate, and Mochas & Minis. The combined tenant income of $163,823 annually guarantees a steady cash flow.Strategically located on Hwy 77, this property enjoys excellent visibility and high traffic exposure, with consistent demand for commercial space. Close to amenities and businesses, it leverages the city's economic growth for maximum return
#970121

Panama City

2810 FL-77 A-B

None Beds

None Baths

N/A

$1,600,000

MLS#: 970121

Elegant design elements flow throughout this stately resort home. Located in the coveted streets of Ravenwood. You will enter through beautiful glass inlaid double doors into a dramatic foyer, with vaulted ceilings and gaze directly out to a totally private enclosed sparkling pool, spa, outdoor kitchen,landscaped yard and lake enhanced with gracious royal palms. Beyond the privacy hedge is the 11 fairway of the exclusive Burnt Pine golf course. Highlights include five spacious bedrooms, all with en-suite baths, an inspired first floor master wing with en-suite bath w/ fireplace, spacious closet /dressing room upgrade, and a kitchen/family room complex with convenient bar, and separate carriage house for guest.
#804455

Miramar Beach

3406 Ravenwood Ln

6 Beds

5 Baths

4,780 Sq.Ft.

$1,600,000

MLS#: 804455

Beautiful home on the Bay! Entered for comp purposes only. Sold prior to hitting the market.
#947835

Niceville

114 Sunset Cove

4 Beds

3 Baths

3,347 Sq.Ft.

$1,600,000

MLS#: 947835

Easy boat maneuvering at this wide-water 'T' on the Destin Harbor canals (maintained at 6 feet depth) ... 61 ft alongside dock, and an upland boat slip 17 feet wide for a boat up to 48 ft ... heated pool served by a hot tub ... Vera Cruz Dr is just one block off the beach ... This modern floorplan presents water vistas from the entry & living room & den & master bedroom ... MBr balcony ... large MBa with walk-in his & hers closets & built-in bidet ... 3Br/3.5Ba plus an upstairs den that can be(come) a 4th bedroom, sharing a dual-access bath ... HIGH & DRY, SAFE & SOUND: 12.6 feet ... 12x12 laundry/pantry between garage & kitchen ... 2 ovens, 2 dishwashers ... home office? 3 places for home office(s) ... neighborhood association information: www.holidayisleimprovement.com
#853677

Destin

505 Vera Cruz Drive

3 Beds

3 Baths

3,237 Sq.Ft.

$1,600,000

MLS#: 853677

'A Unique Private Island for Sale -- A Global Investment in Luxury, Legacy, and Limitless Potential' Welcome to Breath of Life Sanctuary -- a truly rare offering of over 40 lush, untouched acres nestled entirely within the historic city of Milton. Set amidst the tranquil waters of the Blackwater River, this distinct island combines the serenity of secluded living with the unmatched convenience of in-town access. Rich in natural beauty and steeped in local heritage, the island offers a verdant canvas for your dream estate, eco-retreat, or a secluded private retreat. Towering trees, winding riverbanks, and native wildlife create a peaceful paradise, just minutes from modern amenities, charming downtown shops, dining, and top-rated schools. Named after the Choctaw word oka-lusa -- meaning "black water"- the Blackwater River has been a lifeline for generations. Its gentle flow, ideal for kayaking, fishing, and paddleboarding, adds both character and charm to the islands scenic setting. Once a vital artery for timber transport in the 19th century, the river still connects Milton to its rich past and vibrant present. This is more than land, it's a legacy waiting to be written. Breath of Life Sanctuary is your chance to own a slice of history, a sanctuary of nature, and a gateway to an extraordinary future all in one. Features: 40+ private island acres within city limits; waterfront access to the Blackwater River; abundant native flora and fauna; direct access to public utilities nearby. Ideal for residential, recreational, or conservation use. Minutes to downtown Milton, Peter Prince Field (public airport), Whiting Field, and I-10. Seize the opportunity to create something timeless- whether you envision a legacy retreat, a world-class development, or a secure international investment, this private island offers the rare chance to shape the future on your own terms, in one of the most one-of-a-kind settings on Earth.
#974771

Milton

Island Breath of Life Sanctuary

None Beds

None Baths

40.28 acres

$1,600,000

MLS#: 974771

Text Matt186 to 850-238-2883 on day of open houses for neighborhood gate code.Along 30A in the beach community of Lakeside at Blue Mountain Beach sits a Coastal Craftsman Cottage built by Rodney Bolton that's sure to please anyone seeking to make their beach cottage dream a reality. Attention to details include capiz lights, coffered ceilings, shaker style cabinets, and detailed tub and shower surrounds. Tastefully decorated, this coastal charmer is being sold furnished. A large covered porch off the kitchen and lots of outdoor space create a perfect area for entertaining. This home would make a great permanent residence, second home, or investment property.
#900117

Santa Rosa Beach

186 Matt's Way

4 Beds

3 Baths

2,253 Sq.Ft.

$1,600,000

MLS#: 900117

This 10th floor east end corner condo is bordered by Henderson Beach State Park and provides endless views in all directions. Large living/dining/kitchen area plus a den and 3 bedrooms, 3 1/2 baths with balcony access from every room makes this a perfect full time residence or second home.
#868078

Destin

15400 Emerald Coast Parkway UNIT 1001

3 Beds

3 Baths

2,542 Sq.Ft.

$1,600,000

MLS#: 868078

Peaceful green views and a grand entrance characterize this 3,166-sq.-ft. home on one of the largest lots in sought-after Highland Parks. Built in 2018, this four-bed, four-and-a-half-bath retreat in Blue Mountain Beach was constructed by Coastal Custom Home Building and looks and lives brand new with limited occupancy since construction ended. Spread over two floors, this home has been very well cared for. Guests are greeted by a traditional front porch, which sets the tone for the crisp, pristine interiors.
#894549

Santa Rosa Beach

71 Gulfview Way

4 Beds

4 Baths

3,166 Sq.Ft.

$1,600,000

MLS#: 894549

This new custom built home in the coveted south side of The Sandestin Resort will be one of the last newly built homes to be offered for sale. With an elevated lot, you can enjoy gentle Gulf breezes while overlooking the Baytowne Golf Course. Outdoor living is redefined in exemplary style with a generous pool with sun shelf, summer kitchen and a large fire pit. The interior features a vast array of amenities and touches, including a pecky cypress ceiling in living room, custom tile work, wide plank wood floors and a sweeping two story foyer. With a sought after South side location within the gates of Sandestin, you are just moments away from the beach, Market Shops or Grand Blvd. Call today to see this well-planned and tremendously executed residence by The Carter Building Company.
#844847

Miramar Beach

5306 Tivoli Drive

4 Beds

3 Baths

3,345 Sq.Ft.

$1,600,000

MLS#: 844847

Entered for comp purposes. Completely remodeled 3 bedroom unit with bunk room and great Gulf views.
#855558

Inlet Beach

37 S Compass Point Way UNIT 108

3 Beds

3 Baths

2,280 Sq.Ft.

$1,600,000

MLS#: 855558

PRICE REDUCTION!!!! This Residential/Mixed-Use development property is located directly on Hwy 20, the major East/West traffic corridor servicing areas including Freeport, Niceville and Panama City. The best use for this property, with approx. 420' of frontage, is for a Multi-Family project with a Commercial out-parcel in front. This property is right across the street from the Hammock Bay entrance. There is a significant demand increase for affordable housing/apartments in this area. There is also a demand for housing for the service sector residents working in the southern portion of the county where rental prices are high. The site is wooded, level with no wetlands. There is a home on the property that will be delivered ''vacant'' and in the ''As Is'' condition.
#811418

Freeport

1452 W St Highway 20

None Beds

None Baths

N/A

$1,600,000

MLS#: 811418

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