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LANDLORD ALERT -- Massive Opportunity!!  17 Parcels with 18 homes throughout Walton County. All but one house are leased as part of the HUD Section 8 program.  All are leased and bringing in revenue.  See the list of rents in the Documents section.  All but one are brick or block buildings.  Get the best deal by buying all at once or pick your favorites and make an offer.
#978555

DeFuniak Springs

136 Juniper Lake Road

None Beds

None Baths

N/A

$3,000,000

MLS#: 978555

Location! This 0.37 acre lot is situated off Highway 231, providing a straight commute to central Panama City and Panama City Beach. This lot offers a plethora of room to spread out and manifest the outdoor oasis of your dreams. Check out this property today! Power at the road and septic/well needed.
#978566

Fountain

20820 US-231

None Beds

None Baths

0.37 acres

$8,500

MLS#: 978566

HISTORIC HOUSE OF YOUR DREAMS! Big Price Reduction for this exquisite 4 BR, 3.5 BA home in the heart of the DeFuniak Springs Historic District. Just one block from Lake DeFuniak. Enjoy small town living with a vibrant downtown business district and lots of social activities. This property has been fully updated, including newer plumbing, electrical & windows, plus a new metal roof in 2023. Granite countertops & stainless appliances in 2021. One BR, one full BA, & one half-BA downstairs, plus 3 bedrooms & 2 more baths on the 2nd floor. Crown molding throughout. Two spacious front porches, a rear screened porch, fenced yard, carport, storage shed and plenty of rear parking complete this most desirable home. Small town lifestyle, plus our white sand Gulf beaches are just 30 minutes away!
#978515

DeFuniak Springs

290 Crescent Drive

4 Beds

3 Baths

2,786 Sq.Ft.

$499,500

MLS#: 978515

A Beachside Opportunity for Families & Investors Alike - Welcome to Gulf Highlands Beach Resort--where every day feels like a vacation, and opportunity meets relaxation.Whether you're dreaming of a laid-back family beach retreat or a smart income-producing investment, this updated 2-bedroom, 2.5-bath townhome with a bonus flex/office room checks all the boxes.Just a short stroll from private beach access, this home invites you into a bright and comfortable living space that flows into the dining area and kitchen-perfect for weeknight dinners, weekend guests, or future renters. On the main floor, you'll also find a half bath and a laundry room, offering convenience for daily living or turnover efficiency between guests. Step outside to the back patio, a quiet place to unwind after day at the beach or enjoy the resort's many amenities.

Upstairs, the primary bedroom features an ensuite bath, while a second bedroom and a full hallway bath offer plenty of space for family, friends, or guests. The upstairs balcony has been professionally enclosed and fully permitted as a flex room or home office, offering added square footage and functionality that's perfect for remote work, guest overflow, or creative use.

And those amenities are what truly set Gulf Highlands apart. This gated, golf cart-friendly community offers:

-11 swimming pools (5 heated and 1 beachfront)
-Private beach access with beachfront pool and restaurant
-18-hole mini golf course
-4 pickleball courts & 2 tennis courts
-Fitness center, shuffleboard courts, BBQ areas & a playground
-Clubhouse with restaurant and snack bar

This home is nestled in one of Panama City Beach's most desirable communitiesjust minutes from family-friendly attractions like Shipwreck Island Water Park, Coconut Creek Family Fun Park, and the shopping and entertainment of Pier Park.

Whether you're searching for a permanent residence, vacation getaway, or a reliable short-term rental, this townhome offers flexibility and long-term value. Low HOA fees cover WiFi, cable, pest control, groundskeeping, and all resort amenitiesmaking ownership simple and stress-free.

2 Bedrooms + Bonus Room | 2.5 Baths | 1,002 SqFt
Gated Community | Short-Term Rentals Allowed | Family-Friendly Amenities

It's more than just a beach propertyit's a lifestyle and an opportunity.

Other notes of interest:
Seller replaced the main service panel breaker a year ago - 2023
HVAC - 2022
Hot-water Heater -2008
Roof - 2016
#978571

Panama City Beach

151 W Leslie Lane

2 Beds

2 Baths

1,080 Sq.Ft.

$269,900

MLS#: 978571

Welcome to this beautifully renovated ranch-style home situated on a large corner lot with a fully fenced backyard--perfect for entertaining, playing with pets, and even a future pool! This 3-bedroom, 2-bath gem has been thoughtfully updated from top to bottom and is ready for you to move right in. Step inside to discover brand new flooring throughout, fresh paint, and stylish new fixtures and ceiling fans in every room. The updated kitchen features open shelving, classic shaker-style cabinets, sleek stainless steel appliances, and plenty of counter space for cooking and entertaining. The adjacent oversized laundry room offers extra storage with built-in cabinetry for convenience and organization. Both bathrooms have been upgraded with modern vanities, new mirrors, tiled floors, and beautifully tiled tub surrounds, giving each space a clean, fresh look. Outside, enjoy the shade of a mature oak tree in your backyard while relaxing on the covered back porch, or pick fresh fruit from the pear tree in your front yard. The expansive yard has room to park your boat or RV. No HOA here! Roof 2025, Water Heater 2023.
#978570

Pace

4352 Watkins Street

3 Beds

2 Baths

1,363 Sq.Ft.

$249,000

MLS#: 978570

Nice 3 bedroom, 2 full bath home.  Split bedroom floor plan.   Features hardwood floors, corner gas fireplace and vaulted ceiling in the living room.  The kitchen has staineless steel appliances and a center island.  The large mainicured back yard is privacy fenced. Lawn service is included with the rent. There is a screened porch just off the living room.  Home is conveniently located to schools, dining, shopping and the military bases.
#978557

Niceville

1240 Shipley Drive

3 Beds

2 Baths

1,814 Sq.Ft.

$2,600

MLS#: 978557

Welcome to this charming 2-bedroom, 2-bath townhome in the heart of Fort Walton Beach! Featuring vaulted ceilings and easy-care laminate flooring, this home offers a spacious and inviting layout. The fully appointed kitchen boasts ample cabinetry and storage, perfect for everyday living or entertaining. Split floor plan features a bedroom conveniently located on the first floor with a full bath featuring a tub/shower combo. Upstairs, you'll find a second private bedroom and full bath--ideal for guests or a home office. Enjoy added convenience with a single-car garage, washer and dryer hookups, and a fully fenced-in backyard for outdoor enjoyment.
#978516

Shalimar

96 Catamaran Lane

2 Beds

2 Baths

1,206 Sq.Ft.

$1,700

MLS#: 978516

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.
#978494

Santa Rosa Beach

Lot #3 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978494

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.
#978489

Santa Rosa Beach

Lot #18 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978489

Don't miss this exceptional opportunity to own a versatile .54-acre parcel with 105 feet of frontage on Highway 20. Located in a high-visibility area, this vacant lot is zoned Residential/Neighborhood Commercial District (RC), offering a wide range of development possibilities.Whether you're looking to build a single-family home or establish a small business, the RC zoning provides flexibility for both residential and commercial uses. Buyer to verify all pertinent information.
#978552

Freeport

TBD W State Highway 20

None Beds

None Baths

0.54 acres

$150,000

MLS#: 978552

Your Slice of Paradise at The Palms of Destin!Step into vacation mode the moment you enter this beautifully updated 9th-floor gem, perfectly positioned to capture serene pool views and a glimpse of the sparkling Gulf of Mexico. Freshly painted, with new LVP flooring and white quartz countertops, this 2-bedroom retreat offers an open-concept layout ideal for relaxing or entertaining in style. Start your mornings with coffee or unwind after a sunny day on the expansive balcony, surrounded by the soothing sounds of cascading waterfalls and gentle ocean breezes. The kitchen, equipped with sleek black appliances, provides a modern, upscale touch, while the tastefully decorated interiors and luxury vinyl plank flooring offer both elegance and coastal durability.The Master Suite is a private Resort-style amenities at The Palms of Destin include:
Destin's largest lagoon pool with waterfalls
Splash pad and kiddie pool
Relaxing hot tub
Fitness center, tennis, and basketball courts
Playground 
On-site restaurant and bar
24-hour security
Complimentary beach shuttle to the sugar-white sands of Destin

Whether you're seeking a serene vacation home, a smart investment, or a place to make lifelong memories, Unit 1903 at The Palms offers the ultimate coastal escape. Come see why life is better at the beach!
#979901

Destin

4203 Indian Bayou Trail 1903

2 Beds

2 Baths

970 Sq.Ft.

$398,850

MLS#: 979901

This home is available now.  3 bedrooms and 2 1/2 baths.  Centrally located in Niceville.  Bamboo flooring, a corner fireplace with raised hearth, and plenty of cabinet space in the kitchen.  Large shared courtyard is easily accessed from the sliding doors in the great room. Boat slip available.  Conveient to the dock, schools, shopping, dining and the military bases.
#978536

Niceville

1811 Valparaiso Boulevard

3 Beds

2 Baths

1,317 Sq.Ft.

$1,900

MLS#: 978536

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.
#978495

Santa Rosa Beach

Lot #4 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978495

Don't miss this exceptional opportunity to own one of the best-valued homesites in the highly anticipated Phase 5 of WaterColor. Of the 40 available lots in this sought-after community, nearly half are already built out--highlighting strong demand and continued growth in the area.Located in the exclusive Park District, Lot 12 is a generously sized, rectangular homesite backing onto a serene cypress preserve, ensuring added privacy with no homes directly behind. Spanning approximately 0.12 acres, it offers the perfect canvas to build your dream home in the heart of WaterColor.With neighboring homes nearing completion, buyers will benefit from minimal surrounding construction. The current owners are relocating and are highly motivated to sell--seller financing may also be available!
#978775

Santa Rosa Beach

12 Climbing Rose Way

None Beds

None Baths

0.12 acres

$1,189,000

MLS#: 978775

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.
#978496

Santa Rosa Beach

Lot #5 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978496

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