314 & 316 Bayou Avenue, Panama City, FL 32401 (MLS# 795016)

314 & 316 Bayou Avenue, Panama City, FL 32401

New Listing

$350,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 2,438 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $350,000 List Date: 9/03/2026 Last Modified: 9/03/2026

Overview

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.

Listing Details MLS# 795016

Contract Info

List Price/SqFt: 143.56

Location

Area: 02 – Bay County – Central
Street #: 314 & 316
Street Name: Bayou
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 23120-000-000
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
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

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 2438
SqFt Source: Prop App Site
Full Baths: 4
Total Baths: 4
# of Stories in Building: 2
Accessory Dwelling Unit: No
Year Built: 2024
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Driveway Spaces: 2
Lot Dimensions: 40.0 ft x 105.0 ft
Acreage: 0.09
Lot Size (SqFt): 3920
Pool: No

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: Yes
Second: Yes

More Information

Interior Features

Floor – Vinyl Plank: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Lot Access

Paved Road: Yes

Parking Features

Driveway: Yes

Rooms

Bedroom: Yes
Great Room: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

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.