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Exceptional investment opportunity in the heart of Crystal Beach. This income-producing Destin property offers 6 bedrooms, 6 bathrooms, and a flexible three-story layout designed to maximize rental potential and guest capacity. Featuring multiple living areas and three kitchens, the home comfortably accommodates large groups while providing privacy and functionality for short-term rental guests.

Ideally located in Crystal Beach just minutes from the sugar-white sands of the Emerald Coast, popular restaurants, shopping, and entertainment, this property is positioned in one of Destin's strongest vacation rental markets. Shirah Beach Access is nearby, offering convenient and easy access to the beach for guests and owners alike. Outdoor amenities include a private heated pool, expansive balconies, and ample parking -- highly desirable features for vacationers seeking a premium beach experience.

Whether you're expanding a vacation rental portfolio, seeking a high-performing second home investment, or targeting a 1031 exchange opportunity, this property offers strong upside in a proven rental corridor with consistent visitor demand year-round.

*All listing information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all details, including dimensions, square footage, HOA fees, and property information to their own satisfaction. *Video/Audio Recording Disclosure:
For the safety and security of the property, the seller may utilize active video and/or audio
#1003860

Destin

91 Matthew Boulevard

6 Beds

6 Baths

2,560 Sq.Ft.

$1,900,000

MLS#: 1003860

Property Overview: Economy Lodge Bonifay

Discover a prime commercial opportunity with the Economy Lodge in Bonifay, FL.

 This 37-room hotel strategically sits at the crossroads of Highway 90 and Highway 79, ensuring excellent visibility and accessibility. 

An ideal location for various business ventures, this property is offered in as-is condition, providing a blank canvas for your commercial vision.

Key Features:

Location: Strategically positioned at the intersection of Hwy 90 & Hwy 79 in Bonifay
.
Potential: Versatile commercial property with 37 rooms, offering a range of business possibilities.

Development Considerations: Sold as-is. Buyers are encouraged to confirm building restrictions and utility access for their intended use.

Verification: Buyers are responsible for verifying all measurements and any information deemed crucial for their investment.

Seize the opportunity to shape this property to fit your business aspirations. Whether you envision a boutique hotel, a revitalized lodging establishment, or another venture, this prime location awaits your transformative touch.

Contact us for more information and to explore the potential of Economy Lodge Bonifay. 

Buyer to verify ALL information.
#753976

Bonifay

114 W Highway 90

None Beds

None Baths

15,002 Sq.Ft.

$1,900,000

MLS#: 753976

FANTASTIC OPPORTUNITY FOR A GROUND FLOOR OFFICE SPACE IN A VERY DESIRABLE MEDICAL COMPLEX. This 5,123  sq. ft. medical office is ideal for any medical practice that benefit from a location on the Gulf Coast Medical Center Campus. The Hospital is literally down the hall via a connected corridor. The building repairs are complete and all of the common areas have been completely renovated.  All sizes including sq. ft. are approx. Please Measure if important. Unit 108B rented out to 3,300 per month 
Unit 103 rented out for 4,900 per month.
#741662

Panama City

2202 State Avenue

None Beds

None Baths

5,123 Sq.Ft.

$1,900,000

MLS#: 741662

Come and enjoy luxurious casual beach elegance with colors inspired by our gorgeous beach sunsets. This is a stunning Arthur Rutenberg designed home just a quick jaunt away from the Emerald waters of Grayton Beach and close to fun restaurants, bars and beautiful art. Grayton Beach is known a the quintessential old Florida Beach neighborhood. This expansive home boasts over 3,700 square feet heated and cooled with almost 5,000 square feet of overall porches, garage and outdoor living. This home is luxuriously furnished inside and out. Relax in the private pool, entertain family or friends, or take a quick stroll to the beach.  The possibilities are endless. Come and enjoy this spectacular home.
#671082

Santa Rosa Beach

159 DEFUNIAK Street

5 Beds

4 Baths

3,721 Sq.Ft.

$1,900,000

MLS#: 671082

Turn-key restaurant with a large covered porch and pull through roofed, canopy entrance. New roof installed in 2014.315 seating capacity (240 interior, 75 exterior porch); 2 separate bars, 4 separate dining rooms.

Fire suppression throughout; Security system and video surveillance.

Separate office and apartment on 2nd floor.Perpetual parking rights in adjacent shopping center.5,000+condos within 1/2 mile.

51%/49% liquor license
#638580

Panama City Beach

10292 FRONT BEACH Road

None Beds

None Baths

10,936 Sq.Ft.

$1,900,000

MLS#: 638580

Gulf of America deepwater access with 108' of waterfront! No HOA!! $200k Remodeling allowance.  Boating/fishing and the deepwater access are a big draw to this property.  The 9' deep channel is partially, privately owned by you and shared by your neighbors. There is a 10,000 lb. boatlift at your beautiful dock.  Seller currently stores his 60' boat on this lift but has traditionally stored a 70' vessel. The dock area is equipped with a 50-amp electrical service. Historically, this neighborhood was part of a sawmill operation.  This spectacular home was serviced and updated using Ramjack in 2014 and the pool area was Ramjack serviced in 2019. The driveway can easily hold 8 cars for memorable pool parties and cookouts. The 2-car garage has a decked attic and access stairs.  There is also a curved driveway with a convenient carport. Additional insulation was added in the attic in 2014.   In 2020, the roof was replaced including new 3/4'' decking.  The 40 solar panels were purchased and paid off in 2021. Panels are direct feed with no battery back-up. A/C is comprised of 1-5-ton unit purchased 3 yrs ago and 2-2.5-ton units purchased 6 years ago.  Seller says in the heat of the summer the cooling bill is under $100/month! Inside you'll enjoy beachy floor tile throughout and tasteful granite countertops in the spacious kitchen.  Seller guesstimates $100k to modify and update the indoor pool area to his liking.  This is part of why Seller is offering a $200k concession.  The incredible views of the water from the kitchen, living room, formal dining room and bedrooms contribute to a lifestyle that only a few enjoy.  This 5-bedroom 3.5-bathroom slice of paradise does not disappoint.  Contact your favorite Realtor and set up a showing today!
#766364

Panama City Beach

419 Bay Shore Drive

5 Beds

3 Baths

4,800 Sq.Ft.

$1,900,000

MLS#: 766364

A rare and luxurious waterfront offering, this stunning lagoon-front residence sits on just under 1 acre, delivering privacy, breathtaking views, and an elevated coastal lifestyle. Encompassing 3,384 square feet, this 4-bedroom, 3.5-bath residence is filled with soaring ceilings, expansive windows, and an abundance of natural light that frames the serene lagoon from nearly every room. Designed for both elegant living and entertaining, the home features a remodeled kitchen that serves as the heart of the residence perfect for hosting gatherings while enjoying water views. Light pours into the living spaces, enhancing the open feel between indoor and outdoor living. The home offers three gas fireplaces, adding warmth and ambiance throughout. All windows and doors have been replaced with hurricane rated systems installed to current code. The roof was replaced in May of 2024 and includes a 10 year workman warranty. The outdoor setting is equally impressive, highlighted by a large, private pool and a dock with the potential to create a custom boat oasis. Whether relaxing poolside or launching a day on the water, the backyard provides a tranquil and luxurious escape. The entire second floor is dedicated to the primary suite, offering a private retreat complete with a spacious bedroom, en-suite bath, and a private balcony that is great for enjoying a morning coffee or watching unforgettable sunsets over the lagoon. Upon arrival, the home makes a striking first impression with a beautifully landscaped front yard, and mature trees. A 3-car garage offers generous space for vehicles or storage, adding both convenience and versatility. With its commanding waterfront presence, refined interior spaces, and exceptional outdoor potential, this extraordinary property presents a rare opportunity to own a truly refined lagoon-front retreat. Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
#993180

Panama City Beach

8127 N Lagoon Drive

4 Beds

3 Baths

3,384 Sq.Ft.

$1,900,000

MLS#: 993180

Build your dram home or remodel. Rare opportunity to purchase a home on one of the largest lots in Sand Cliffs - ALMOST a 1/4 acre (.23 acre). Sand Cliffs on the Gulf is ideally situated on the south side of 30A at the intersection of WaterSound Parkway and 30A. Gated. No rentals. Mature trees. Large pool and pool deck. Listen to the Gulf waters three houses from the Gulf of Mexico. The home needs work. The buyer is someone who values privacy and a quiet beach community.
#946113

Seacrest

9 Walton Buena Vista Drive

None Beds

None Baths

0.23 acres

$1,900,000

MLS#: 946113

*Entered for comp purposes
#903052

Panama City Beach

0 Kelly Street

None Beds

None Baths

0.09 acres

$1,900,000

MLS#: 903052

ENTERED AS COMP PURPOSES ONLY.
#750779

Inlet Beach

27 W Majestic Palm Drive 21

5 Beds

4 Baths

2,904 Sq.Ft.

$1,900,000

MLS#: 750779

None
#761255

Lynn Haven

617 Ohio Avenue

None Beds

None Baths

11,375 Sq.Ft.

$1,900,000

MLS#: 761255

Lakefront home in Carillon Beach just steps from the beach! This idyllic beach home boasts gorgeous views of the 13-acre Lake Carillon, as well as peek-a-boo Gulf views. Excellent craftsmanship is evident throughout with custom Andersen windows, crown molding, transoms over 8 paneled doors, extensive built-ins and storage, imported slate and hardwood floors, and more. Enjoy the coastal breeze from over 1,300 square feet of porches and balconies. Owners and guests enjoy world-class amenities for which Carillon Beach is so popular, including private gated entry, 3 pools, playgrounds, tennis and basketball courts, beach club, 8 dune walkovers to access the over 3,900 linear feet of sugar white sand beach, and fishing, kayaking, and paddle boarding at Lake Carillon.
#876766

Panama City Beach

217 Village Way

3 Beds

3 Baths

2,768 Sq.Ft.

$1,900,000

MLS#: 876766

None
#797588

Santa Rosa Beach

159 Defuniak Street

5 Beds

4 Baths

3,721 Sq.Ft.

$1,900,000

MLS#: 797588

PRICE IMPROVEMENT!  Well maintained, one owner, 3BD, 3 BA Two-Story Gulf Front Penthouse Condo has just been reduced by $375,000... A 16.5% PRICE ADJUSTMENT!
Tranquillity On The Beach is located on the East end of Highway 30A.  Stunning views of beautiful Emerald Coast throughout condo.  Will make the perfect beach home or investment property. Front bedroom overlooks 30A and has ensuite bathroom with laundry closet. Second bedroom is spacious with ensuite bathroom. Stunning master suite on second floor has breathtaking views of the gulf and private balcony. Ensuite bathroom features a double vanity and jacuzzi tub. Deeded parking and plenty of private guest parking. Beachside community pool and private beach access. Tranquillity on the Beach, located on the East end of Highway 30A is just a quick bike ride or stroll to Alys Beach and Rosemary Beach with easy access to Camp Creek Golf Club
Seller has prepaid the special assessment for construction and installation of the new standing seam aluminum roof and gutters slated for completion by Memorial Day (weather permitting)
#908662

Inlet Beach

8600 E Co Highway 30A # 450

3 Beds

3 Baths

1,953 Sq.Ft.

$1,900,000

MLS#: 908662

FOR COMPS
#933834

Santa Rosa Beach

133 Silver Laurel Way

2 Beds

2 Baths

1,232 Sq.Ft.

$1,900,000

MLS#: 933834

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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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