$350,000
Panama City, FL 32401
MLS# 795016
6 beds | 4 baths | 2438 sqft
1 / 6
Property Description
Built in 2024, this Panama City duplex offers two units, each featuring 3 bedrooms, 2 bathrooms, and over 1,050 square feet of living space, totaling over 2100sqft. Both units are currently leased at $1,650 per month each, providing combined scheduled gross rental income of $3,300 per month before expenses. The lease for 314 Bayou Avenue runs October 1, 2025, through September 30, 2026, and the lease for 316 Bayou Avenue runs September 1, 2025, through August 31, 2026. An opportunity to purchase a newer duplex with existing leases in place. Buyer to verify square footage, lease terms, and operating expenses.
Details
Maps
General Property Info
Acreage: 0.09
Design: Duplex
Lot Size (SqFt): 3920
Apx SqFt(Htd/Cooled): 2438
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 2
Accessory Dwelling Unit: No
Lot Dimensions: 40.0 ft x 105.0 ft
New Construction: No
Garage Y/N: No
Driveway Spaces: 2
Pool: No
Sub-Type: Duplex Multi-Units
Bedrooms: 6
Full Baths: 4
Total Baths: 4
Year Built: 2024
Contract Info
List Price/SqFt: 143.56
Status: Active
List Date: 2026-08-28
List Price: $350,000
Current Price: $350,000
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: Head toward S Tyndall Pkwy on Lance St. Turn left onto S Tyndall Pkwy (US-98 W). Turn left onto E 3rd St (SR-22). Turn right onto Bayou Ave. End at
314 Bayou Ave
Panama City, Florida 32401
Area: 02 - Bay County - Central
Street #: 314 & 316
Street Name: Bayou
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 23120-000-000
Legal Description: 11 4S 14W-118-118C1 BEG 125' W & 230' S OF NE COR OF SE1/4 OF SE1/4 OF NE1/4 TH S 40' W 105' N 40' E 105' TO POB ORB 4722 P 1724
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 4183.31
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Built in 2024, this Panama City duplex offers two units, each featuring 3 bedrooms, 2 bathrooms, and over 1,050 square feet of living space, totaling over 2100sqft. Both units are currently leased at $1,650 per month each, providing combined scheduled gross rental income of $3,300 per month before expenses. The lease for 314 Bayou Avenue runs October 1, 2025, through September 30, 2026, and the lease for 316 Bayou Avenue runs September 1, 2025, through August 31, 2026. An opportunity to purchase a newer duplex with existing leases in place. Buyer to verify square footage, lease terms, and operating expenses.
Great Room
First: 1
Second: 1
Interior Features
Floor - Vinyl Plank: 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Rooms
Bedroom: 1
Great Room: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
First: 1
Second: 1
Cooling
Central Air: 1
Heating
Central: 1
Property Features
Bedroom: First; Second
Cooling: Central Air
Heating: Central
Financing: Cash; Conventional
Furnished: Unfurnished
Lot Access: Paved Road
Great Room: First; Second
Parking Features: Driveway
Rooms: Bedroom; Great Room
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 10.1 x 12.6 | 10.10 | 12.60 |
| Bedroom | First | 10.1 x 12.6 | 10.10 | 12.60 |
| Bedroom | First | 14.1 x 10.1 | 14.10 | 10.10 |
| Great Room | First | 20 x 14.1 | 20.00 | 14.10 |
| Bedroom | Second | 10.1 x 12.6 | 10.10 | 12.60 |
| Bedroom | Second | 10.1 x 12.6 | 10.10 | 12.60 |
| Bedroom | Second | 14.1 x 10.1 | 14.10 | 10.10 |
| Great Room | Second | 20 x 14.1 | 20.00 | 14.10 |
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: September - 03 - 2026
Information deemed reliable but not guaranteed.