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Tucked beneath a canopy of live oaks in the heart of Grayton Beach, this elevated five-bedroom home is positioned a short distance from the beach as well as the Red Bar and a number of other shopping and dining opportunities. The main living level is open and airy, with elevated ceilings, wood floors, and designer fixtures all anchored by a grand fireplace. The area flows seamlessly from the living room into a dining area. A chef's kitchen features a gas range and a butcher-block island with bar seating. An expansive balcony extends the living space outdoors. The primary suite located on this level offers an ensuite bath, large closet and its own private balcony. On the upper level, three more bedrooms, two bathrooms, a laundry room, and a family room are all perfectly positioned. A spiral staircase from the family room leads to the rooftop lookout, with treetop views over the Gulf of Mexico. The ground level adds a fifth bedroom and a flex room that granting access to the courtyard oasis. Outdoors, a brick-paver courtyard holds a private pool, a covered dining pavilion, and an outdoor shower. Parking includes covered space for a golf cart. Beaches, Western Lake, and the 30A bike path are nearby. Do not miss the rare opportunity to own a piece of Grayton Beach!

Santa Rosa Beach

99 Magnolia Street

5 Beds

3 Baths

3,456 Sq.Ft.

$3,250,000

MLS#: 1013316

Navarre

2022 Wiregrass Street

3 Beds

2 Baths

1,580 Sq.Ft.

$409,900

MLS#: 1013346

Freeport

2554 Bay Grove Road

2 Beds

2 Baths

1,512 Sq.Ft.

$749,999

MLS#: 1013375

DeFuniak Springs

TBD 17th Street

None Beds

None Baths

0.7 acres

$20,000

MLS#: 1013315

Panama City Beach

191 Marlin Circle

4 Beds

4 Baths

3,720 Sq.Ft.

$799,000

MLS#: 1010609

Navarre

2030 Wiregrass Street

4 Beds

2 Baths

2,296 Sq.Ft.

$474,900

MLS#: 1013341

12030 Raintree Dr, Unit C is a fully renovated unit with all new stainless steel appliances, setting the foundation for a modern kitchen. It offers comfortable living with 2 bedrooms and 2 baths, perfect for anyone looking for a place in a peaceful community. The unit is situated on a beautiful pond in a well maintained setting with a fair HOA of just $400 annually. This move in ready home is an ideal option for anyone looking to own a waterfront style home in Lakeview Villages.

Panama City

12030 Raintree Drive C

2 Beds

2 Baths

1,075 Sq.Ft.

$147,500

MLS#: 791465

Experience elevated coastal living in this beautifully remodeled 2BR/2BA residence on prestigious Okaloosa Island. Located in an exclusive boutique community of only 23 residences, this 1,091 sq. ft. condo offers privacy, tranquility, and a desirable low-density island lifestyle just steps from the sugar-white sands and emerald waters of the Gulf. The thoughtfully updated interior features modern finishes, stylish design elements, and a bright, open layout ideal for both relaxing and entertaining. Enjoy added peace of mind with significant building improvements already completed, including a new roof in October 2025, new HVAC system in 2023, and new water heater in 2023. Previous major capital improvements have also been fully paid and include upgraded windows, doors, and balcony enhancements. This turnkey coastal retreat offers the perfect combination of modern comfort, low-density living, and an exceptional island location. Whether you're looking for a vacation getaway, investment opportunity, or personal beach retreat, this beautifully maintained residence puts you just steps from the Gulf and everything Okaloosa Island has to offer. Seller is highly motivated--bring your offer!

Fort Walton Beach

670 Nautilus Court 202

2 Beds

2 Baths

990 Sq.Ft.

$599,000

MLS#: 1013366

DeFuniak Springs

2008 Juniper Lake Road

3 Beds

2 Baths

1,146 Sq.Ft.

$150,000

MLS#: 1004267

Fort Walton Beach

24 NW Hollywood Boulevard 3

None Beds

None Baths

N/A

$1,450

MLS#: 1013320

Picture this: it's 7 a.m., coffee in hand, and you're strolling across the street to watch the sun come up over the Grand Lagoon. Your boat is in the water from the public ramp one block away before the charter crowd wakes up. By lunch you're toes-in-the-sand at Gulf beach access #11, about half a mile from your door. By sunset you're on the deck at Schooners, about 1.5 miles away. And while you're living the dream, two homes are quietly working for you.

That's what 3707 Mystic Street is: a beach lifestyle that pays its own way. This duplex lives like two separate homes, with two private entries, two separate parking areas and each unit's own patio, so neighbors and guests never feel like they're sharing. Mystic Surf (Unit A) is the guest favorite, with three king bedrooms plus a twin and trundle that sleep eight, surf murals in every bedroom, a kitchen big enough for the whole crew, a cozy electric fireplace and a storage shed for the kayaks and paddleboards. Mystic Sun (Unit B) is the hideaway, with two king suites, a full kitchen, a real wood-burning fireplace for those cool December nights and its own shed.

For the second-home buyer, this is the beach house that doesn't sit empty. Keep one side as your private getaway, with its own entry, parking and patio. Rent the other side to guests and let them help cover your costs. Come down whenever you want, lock the door when you leave, and let the income keep rolling in.

For the investor, this is two income streams on one turnkey property that's already operating as a vacation rental. There's no HOA and nothing to fix, short-term rentals are allowed, and you have the flexibility to run each unit however the market tells you to.

For the buyer hunting for multifamily close to the beach, this is the one that's hard to find. Small multifamily properties this close to both the Gulf and the lagoon rarely come up, especially with true separation between units, a corner lot and room to grow. There's space for boat parking, so your boat lives right at home one block from the ramp. There's also room to add a hot tub, the kind of upgrade guests search for and happily pay more for.

Everything worth doing is close. The Grand Lagoon marinas and charter fleets are 1 to 2 miles away. The trails and snorkeling at St. Andrews State Park are about 2 miles away. A cold one at Buster's Beer & Bait is an easy walk, and Pier Park is roughly 9 miles away.

Now let's talk numbers. Both units have produced 2026 - $74,996 Gross and 2025 - $73,356 Gross

There's no HOA fee eating into your returns, and both units are already up and running, so there's no setup period and no waiting for your first booking. Keep both on the short-term market for maximum income, or put one side on a mid- or long-term lease for steady, predictable cash flow. Adding a hot tub or capturing boat-friendly guests could push those numbers even higher.

Panama City Beach

3707 Mystic Street A-B

5 Beds

2 Baths

2,269 Sq.Ft.

$599,900

MLS#: 796274

This rare 5BR corner penthouse at Marina Landing surrounds you with light, water and an extraordinary 330-degree panorama of St. Andrews Bay. Floor-to-ceiling windows and sliding glass doors bring the view into nearly every room, while the expansive wraparound balcony extends the living space outdoors with room to dine, entertain, relax and take in the changing scenery from sunrise to sunset. From the Hathaway Bridge and marina to the beach and Gulf in the distance, the views stretch in every direction.

Inside, the condo is every bit as polished as its setting. Double doors open to an elegant foyer, leading into beautifully updated interiors with elevated ceilings, and beautiful flooring throughout creating a sophisticated yet comfortable aesthetic. Natural light fills the residence throughout the day, while the family room's fireplace, generous dining area and walls of glass create spaces that feel equally inviting for quiet days or entertaining. Tastefully furnished and thoughtfully finished, this is a home where the major decisions have already been made - you can simply move in and enjoy it.

The modern kitchen pairs crisp white cabinetry with abundant storage, a pantry, stainless appliances, subway tile backspace, a tray ceiling and a separate island for prep. A long shiplap-topped bar seats six, creating a natural gathering point while maintaining the kitchen's spacious, open feel. The result is a kitchen that looks as good as it functions, whether you're preparing dinner for two or hosting a crowd.

The bedroom layout offers an exceptional level of comfort and privacy, with two waterfront primary suites and three additional guest bedrooms. Both primary suites open directly to the water views, giving you the pleasure of waking to the sunrise, while their spacious bathrooms feature large walk-in showers and tubs. Two of the guest bedrooms have private baths of their own, and all of the secondary bathrooms feature glass walk-in showers. A large separate laundry room with extensive cabinetry provides generous storage and keeps everyday necessities neatly out of sight.

Outside, the wraparound balcony is a destination in its own right. A covered patio creates a comfortable outdoor living area, complemented by an outdoor kitchen space and grill. With so much room to spread out, you can follow the sun throughout the day, dine overlooking the bay or simply settle in and let the view do the rest.

Marina Landing offers a more private waterfront setting on the east end of Panama City Beach, close to the beach without putting you in the middle of its busiest stretches. Owners enjoy a waterfront pool and hot tub, fitness center, conference room and covered parking, while the marina next door offers boat slips available to purchase or rent.

For those looking for a beautifully finished Panama City Beach home with exceptional views, generous indoor and outdoor living space and amenities that complement the lifestyle, this penthouse offers something increasingly difficult to find: a residence that already feels complete. Beautiful, comfortable and ready to enjoy, it lets you spend your time living here rather than planning what comes next.

Panama City Beach

6422 W Highway 98 1505

5 Beds

4 Baths

3,475 Sq.Ft.

$1,190,000

MLS#: 796298

DeFuniak Springs

600 Squirrel Road

4 Beds

2 Baths

1,773 Sq.Ft.

$330,000

MLS#: 1013308

This 2,819-square-foot, 4 BR, 3 BA brick home features an elegant, open, flowing floor plan with 12-foot ceilings and natural light that enhances each room with grace and beauty. It compares favorably with homes priced much higher. The spacious primary bedroom suite is magnificent, with tray ceilings, walk-in closets, a double vanity, a large walk-in shower, and a Jacuzzi tub. The foyer, living room, dining room, eat-in kitchen (granite countertops), and family room (fireplace and built-ins) are well proportioned and perfectly positioned, creating an exceptional entertaining environment.
The screened-in porch is accessible from the primary bedroom, living room, kitchen, and family room. It overlooks a secluded backyard featuring a patio, surrounding gardens, and a garden shed. The home also includes a two-car garage, a whole-house vacuum system, and lawn irrigation.
Upgrades include: 2023 new roof, exterior paint (stucco and garage doors 2025, 6-inch gutters with leaf guard 2025, personally designed, artful garden shed 2024, extensive landscaping, tree removal, and trimming.

Pensacola

5015 Skylark Court

4 Beds

3 Baths

2,819 Sq.Ft.

$524,900

MLS#: 1013298

Santa Rosa Beach

156 Savelle Drive

4 Beds

4 Baths

2,520 Sq.Ft.

$2,100,000

MLS#: 1013378

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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 review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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