Multi Family homes for sale & real estate in St. Andrews Bay, FL

Multi Family Home for sale in St. Andrews Bay, FL:

* * * ATTENTION INVESTORS * * * Income producing property making close to $100k yearly. * Over $200k in upgrades. .. Completely renovated with top of the line! 4 Townhomes with 2beds/2baths each. New kitchen cabinets, Quartz countertops, new tile flooring including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry room, landscaping, and much more!!! * Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!

Multi Family Home for sale in St. Andrews Bay, FL:

Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a month. As Historic

Multi Family Home for sale in St. Andrews Bay, FL:

This 3 bedroom 2 bath home has been exceptionally cared for. With tile throughout the main living areas, you will enjoy the roomy living room, dining room and kitchen with updated appliances. The refrigerator is 2025, dishwasher, Bosch, replaced in 2024 and stove is 2023. There was a new roof put on in 2025 with a Peel N Stick underlayment, HVAC was replaced in 2022 and the water heater in 2024. The electrical panel is a Siemens and was replaced in 2024. Even the bedroom windows were replaced. There is a stand up freezer and washer and dryer that come with the home. Each bedroom has a ceiling fan and has laminate flooring. The guest bath has a tub/shower insert and a single vanity while

Multi Family Home for sale in St. Andrews Bay, FL:

This duplex presents a great investment opportunity with its dual-dwelling layout and desirable location. Each side offers 3 bedrooms, 1 full bath, and 1 half bath. It features an open living space flowing directly into the kitchen with updated countertops and ample storage. Its spacious design provides both privacy and versatility for each unit. Built in 2008 and fully remodeled in 2019—including roof, siding, HVAC systems, and more—this duplex is turnkey and ideal for investors. Unit A is currently leased for $1,695/month and Unit B is move-in ready for a new tenant or perfect for an owner-occupant looking to live on one side while generating income on the other. Both units ha

Multi Family Home for sale in St. Andrews Bay, FL:

Turn key quadplex in a great central location convenient to Highway 98. Property boasts a new metal roof after Hurricane Michael, excellent rental history and little maintenance. Owner responsibilities are limited with each unit being separately metered and residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!

Multi Family Home for sale in St. Andrews Bay, FL:

Turn key quadplex in a great central location convenient to Highway 98. Property boasts a new metal roof after Hurricane Michael, excellent rental history and little maintenance. Owner responsibilities are limited with each unit being separately metered and residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!