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The Palafox Icehouse offers a rare opportunity to acquire a stabilized, waterfront asset in the heart of Downtown Pensacola at a 5.88% cap rate, backed by long-term, credit-quality tenancy and irreplaceable Palafox Street frontage. The three-story iconic building is 100% leased to Merrill Lynch, a tenant since 2001, and Rafferty, Domnick, Cunningham & Yaffa, which recently executed a new five-year lease in 2024. Investors benefit from immediate cash flow with built-in upside through future rent growth or strategic repositioning. Located within a supply-constrained, high-growth coastal market surrounded by dining, retail, residential, and waterfront amenities, the asset offers durable income today and long-term appreciation potential. Prime Waterfront Location in the heart of Downtown Pensacola's entertainment and business district with irreplaceable views. Iconic Palafox Street Frontage along the city's most desirable commercial corridor, surrounded by dining, retail, and residential development. Stabilized, Income-Producing Asset -- 100% leased to two long-term professional tenants; Merrill Lynch (12,255 RSF) -- tenant since 2001 and Rafferty, Domnick, Cunningham & Yaffa (6,739 RSF) -- new 5-year lease executed in 2024 Attractive In-Place Yield -- Offered at a 5.88% cap rate with stable downtown office income. Limited Downtown Office Supply supports long-term occupancy and rental stability. Historic, Character-Rich Building -- Three-story Class 'A' office building enhances market appeal and tenant retention. Walkable Waterfront Environment with immediate access to marina, festivals, restaurants, and hospitality. Located in a Growing Coastal Market benefiting from population growth and continued downtown revitalization. Rent Roll maintained almost 100% occupancy since building completed in 1999.
#780409

Pensacola

815 S Palafox Street

None Beds

None Baths

21,720 Sq.Ft.

$9,700,000

MLS#: 780409

Escape to peace and privacy with this beautiful 7.5-acre wooded lot located in the quiet countryside of Greenwood, Florida. This property offers the perfect blend of seclusion and serenity. Whether you're dreaming of building your forever home, a cozy cabin retreat, or simply investing in a slice of untouched Florida landscape, this property provides endless potential. Only 13 minutes from the town of Marianna and a 16-minute drive to the Super Walmart and local restaurants.
#781497

Greenwood

00 Blocker Road

None Beds

None Baths

7.5 acres

$49,900

MLS#: 781497

Corner unit. Professional or Retail. First Month Free. Location, location, location! Center of Lynn Haven Just passed the new Lynn Haven town hall on HWY 77 with heavy main traffic. This professional center already has established business with Liberty Tax service and a Real Estate firm. This location offers a end unit with lots of parking and signage. With 1200sqft of office space located in a fast and growing area to relocate your office or expand your business.
#783724

Lynn Haven

726 Ohio Avenue A

None Beds

None Baths

4,995 Sq.Ft.

$1,800

MLS#: 783724

Welcome to 807 S Longwood Cir, Panama City, FL 32405. This spacious and well-kept 3-bedroom, 2-bathroom brick home is located in the highly desirable Forest Park neighborhood--close to shopping, dining, schools, and everything you need. Inside, you'll enjoy a bright open floor plan with plenty of natural light, bay windows in both the master bedroom and dining room, and a skylight in the master bath. The kitchen offers modern appliances, granite countertops, and a large walk-in pantry, making everyday living easy and enjoyable. Plantation shutters and energy-efficient windows add both comfort and style. Relax on the covered porch or entertain on the large backyard deck surrounded by shaded areas--perfect for Florida evenings. Best of all, landscaping service is included, giving you a beautiful yard without the extra work. This home offers comfort, convenience, and plenty of space to enjoy life. Available now--schedule your tour today! Fraud Alert: Neither our company nor the owner advertises on social media. We will never request payment via Zelle, Venmo, Cash App, wire transfer, or gift cards. All applications and payments are processed through our official website and secure portal.
#779931

Panama City

807 S Longwood Circle

3 Beds

2 Baths

1,419 Sq.Ft.

$2,300

MLS#: 779931

This flat lot is about 2 blocks to acreage owned by the Washington County School District. It is ready for your new home in the growing community of Sunny Hills which includes the wonderful 18-hole Sunny Hills Golf & Country Club.
#788136

Chipley

00 Statler Avenue 00000000-01-0089-0010

None Beds

None Baths

0.23 acres

$16,000

MLS#: 788136

There are now 120 permits for new homes issued in the rapidly growing Sunny Hills. Sunny Hills is a deed restricted community, No HOA. Sunny Hills has many lakes, boat ramps, a popular public golf course, as well as beautiful Boat Lake with its pristine sand beach for your swimming pleasure. Subject to Unit 10 Deed Restrictions (see documents). Ainsworth Drive has been recently repaved by the MSBU Taxes include $40.72 MSBU annual assessment. Adjacent lot also available from same owner see (MLS# 781500).
#781445

Chipley

0025 Ainsworth Drive

None Beds

None Baths

0.22 acres

$15,000

MLS#: 781445

Property Type: Commercial Office Location: 1148 Jenks Ave, Panama City, FL 32401 Square Footage: 1900 Zoning: Commercial Income-Producing: Yes Offices: 6 Bathrooms: 2 This prime commercial office space located in the heart of Panama City presents a fantastic investment opportunity. Positioned at 1148 Jenks Ave, this property is not only well-maintained but is also income-producing, with established tenants providing consistent cash flow. Property Features: Spacious office layout designed for a variety of professional uses Ample on-site parking available for both tenants and clients Convenient access to major roads and downtown Panama City Attractive, well-maintained exterior and professional curb appeal Investment Highlights: Income-Producing: Leased by reliable tenants, this property offers an immediate revenue stream. Prime Location: Centrally located in Panama City's business district, making it desirable for current and future tenants. Growth Potential: As the city continues to expand and develop, the value of this property is poised for appreciation, offering long-term investment potential. This commercial office building is an excellent turnkey investment for anyone looking to add a hassle-free, income-generating property to their portfolio. Don't miss out on this opportunity to own a valuable piece of real estate in Panama City's growing market!
#764111

Panama City

1148 Jenks Avenue

None Beds

None Baths

1,868 Sq.Ft.

$339,000

MLS#: 764111

Beautiful Lake front lot on private lake, The Bluegill Lake aka The Black Hole which is a private lake that the lot fronts on. Spring fed lake is beautiful and has access to the Large Lucas Lake. the lots are nice and level, perfect to build a house on. Come check it out! Lot next to it is available as well,
#788302

Chipley

0000 Everest Drive

None Beds

None Baths

1.73 acres

$49,995

MLS#: 788302

Build your dream home on this exceptional .74-acre waterfront homesite on Lake Powell--Florida's largest coastal dune lake. Rarely do opportunities like this come available, offering both generous depth and expansive frontage along the main body of the lake. With no restrictions on vacation rentals, this property presents incredible flexibility--whether you envision a private coastal retreat or a high-performing investment property. The size and setting allow for the creation of a true destination-style residence, with ample room for outdoor living, a private pool, private dock and boat lift, providing seamless access to Lake Powell and the Gulf and beaches. Ideally positioned in West Panama City Beach, you're less than a mile to the nearest beach access and just moments from the dining, shopping, and charm of Scenic Highway 30A, as well as the natural beauty of Camp Helen State Park. Just beyond the inlet, the Gulf waters offer access to nearby artificial reefs and productive fishing grounds--adding to the exceptional waterfront lifestyle this location provides. An exceptional opportunity to build, invest, and enjoy one of the area's most sought-after waterfront settings.
#788298

Panama City Beach

134 Cain Road

None Beds

None Baths

0.74 acres

$925,000

MLS#: 788298

Welcome to 307 N Palo Alto Avenue, a beautifully updated 4-bedroom, 2-bath home located in the sought-after Bunkers Cove area of Panama City. This 1,705 sq ft property features an inviting layout with hardwood and tile floors, a spacious living area, and a bright, modern kitchen complete with an island and breakfast bar. The split-floor plan offers privacy and flexibility, making it ideal for families or anyone needing extra room. Outside, enjoy a fenced backyard and covered deck—perfect for relaxing or entertaining. With recent updates including newer windows, A/C, plumbing, and electrical, this home offers comfort and peace of mind. Just minutes from downtown, the marina, and the Yacht Club, this rental provides both charm and convenience in one of Panama City's most desirable neighborhoods.
#783020

Panama City

307 N Palo Alto Avenue

4 Beds

2 Baths

1,694 Sq.Ft.

$2,000

MLS#: 783020

This parcel in Carryville offers a versatile tract of land with room to create your own vision. The property features natural Florida landscape and space that can be shaped for a future homesite, recreation, or long-term investment. The setting provides both privacy and potential, making it a strong option for those seeking acreage in Holmes County. Buyer to verify all information important to their intended use.
#778038

Caryville

Tract# Mattox Springs Road North 2

None Beds

None Baths

24.96 acres

$87,500

MLS#: 778038

Welcome to 1301 Savory Court, a modern 3-bedroom, 2-bath home located in the highly desirable SweetBay community of Panama City. Built in 2021, this home offers an open-concept layout with a spacious living area that flows seamlessly into the kitchen and dining space, perfect for everyday living and entertaining. The kitchen features granite countertops, modern appliances, and plenty of cabinet space, while the primary suite provides a relaxing retreat with a beautifully updated bathroom. Situated on a quiet cul-de-sac, this home also includes a two-car garage, hot tub and a fenced backyard for added privacy. Residents of SweetBay enjoy access to community amenities such as parks, walking trails, a resort-style pool, and a clubhouse, all conveniently located near shopping, dining, and schools.
#786780

Panama City

1301 Savory Court

3 Beds

2 Baths

1,745 Sq.Ft.

$2,900

MLS#: 786780

Discover the perfect blend of country charm and functionality with this beautiful piece of vacant land. This property is already equipped with electricity on site and features a large 3-Bay pole barn (24x36 with 12x24) of it closed in which makes it ideal for storage, a workshop or future conversion. The land is cleared and ready for your vision, while offering the beauty of mature trees that provide shade, privacy, picturesque setting. Whether you're looking to build your dream home, establish a hobby farm, or simply enjoy a private retreat, this property is ready for you to make it your own.
#778121

Alford

855 Fairborn Avenue

None Beds

None Baths

1.72 acres

$39,500

MLS#: 778121

Now available to rent! Great single family home on Star Ave, only 6 miles from Tyndall Air Force Base! Split bedroom floor plan with sunken floor living area. Kitchen has granite counters and newer appliances. Washer & Dryer included as a convenience. This home has been greatly cared for and the entire yard is new sod with sprinkler system. Screened back porch. Storage building in backyard. Pets considered. Ask about discounted security deposit for active duty military.
#787031

Panama City

305 S Star Avenue

3 Beds

2 Baths

1,636 Sq.Ft.

$2,000

MLS#: 787031

Introducing a multifamily investment opportunity in Northwest Florida! A well maintained and renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. Highlights Low-rise/garden Current in-place ASSUMABLE Freddie MAC first mortgage: Origination: March 24, 2022 Loan Amount: $3,120,000 Term: 10 yrs. Amort: 30 yrs. Rate: 3.54% CAP Rate 7.31% NOI 430,990.00 Flood Zone X Recent 2023 new metal roofs Low maintenance hard coat stucco exteriors, freshly painted in 2023 Impressive 95% occupancy rate Operating memorandum available upon request.
#783548

Defuniak Springs

125 N Davis Lane

None Beds

None Baths

42,240 Sq.Ft.

$5,795,000

MLS#: 783548

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