Investment Opportunity!

$1,799,900|Last Updated: Jun 18, 2026

MLS#515067601

119 and 121 Southfields Road, Panama City Beach, Bay County, Florida

Status:Active

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Property Type

Farm
Ranch

Acreage

3,864 acres

County

Bay

Format

Sale

Description

LOCATION!! Remarkably priced investment opportunity just steps from the white sandy beach!! Enclosed private property awaits with 2 separate homes, a private pool, and beautiful gulf views! Extremely unique investment opportunity to have 2 homes to rent for large groups or separately or keep one and rent out the other - wouldn't it be nice to have the option? New decking and patio furniture. Interior walls and ceilings have been freshly painted. Great rental history and being sold fully furnished. Rental Projections of $190,000! NO HOA! Both homes are 3 stories have multiple outdoor sitting, and can sleep up to 22 people combined!! Just a block away from beach access 93!! Only a 5 min drive to Publix, Lake Powell at Camp Helen, and Bayou Bill's Crab House. Have the best of it all!!