328 Johnson Bayou Drive, Panama City Beach, FL 32407 (MLS# 783098)

328 Johnson Bayou Drive, Panama City Beach, FL 32407

$615,000

46-web-or-mls-DJI_20251027183548_0374_D-

48-web-or-mls-DJI_20251027183740_0376_D-

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,672 Lot Size (sq. ft.): 7,492 Status: Active

Current Price: $615,000 List Date: 1/01/2026 Last Modified: 6/08/2026

Overview

Description

VA BUYERS — ASSUMABLE 3.75% INTEREST RATE OPPORTUNITY. Welcome to 328 Johnson Bayou Drive in the highly desirable Breakfast Point community of Panama City Beach. This spacious 4-bedroom, 3-bath home with a dedicated office and separate dining area offers over 2,670 square feet of thoughtfully designed living space just minutes from the beach, Pier Park, and top-rated schools. One of the most valuable features of this home is the rare opportunity for qualified buyers to assume the existing VA mortgage at approximately 3.75%, potentially saving hundreds to over a thousand dollars per month compared to current interest rates. Inside, the home features an open-concept layout designed for both everyday living and entertaining. The kitchen flows seamlessly into the main living area and includes generous counter space, abundant cabinetry, and a large island perfect for gathering with family and friends. The flexible floor plan includes a dedicated office or flex room with French … (Read more)

Listing Details MLS# 783098

Contract Info

List Price/SqFt: 230.16

Location

Area: 03 – Bay County – Beach
Street #: 328
Street Name: Johnson Bayou
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 – Beach – North Central
Subdivision: Breakfast Point
Community/Resort: None
Waterfront: No
Parcel ID: 34030-150-090
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Panama City Beach Parkway (Back Beach Road) headed West from the Hathaway Bridge take a right onto Richard Jackson Blvd @ the Publix Shopping Center. Panama City Beach Parkway (Back Beach Road) headed East past SR 79, Pier Park & Alf Coleman. Take a left onto Richard Jackson Blvd. Breakfast Point is located at the end of Richard Jackson Blvd just past Breakfast Point Academy.
Legal Description: BREAKFAST POINT PHASE 2A LOT 55 ORB 4603 P 2042

General Property Info

Sub-Type: Detached Single Family
Design: Craftsman Style
Apx SqFt(Htd/Cooled): 2672
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
Year Built: 2014
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 60×125
Acreage: 0.17
Lot Size (SqFt): 7492
Pool: No

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 366
HOA Frequency: Quarterly
HOA Annual Amount: 1464
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 6435
Last Tax Year: 2024
Brokerage Interest: No Interest

Remarks & Misc

Remarks: VA BUYERS — ASSUMABLE 3.75% INTEREST RATE OPPORTUNITY. Welcome to 328 Johnson Bayou Drive in the highly desirable Breakfast Point community of Panama City Beach. This spacious 4-bedroom, 3-bath home with a dedicated office and separate dining area offers over 2,670 square feet of thoughtfully designed living space just minutes from the beach, Pier Park, and top-rated schools. One of the most valuable features of this home is the rare opportunity for qualified buyers to assume the existing VA mortgage at approximately 3.75%, potentially saving hundreds to over a thousand dollars per month compared to current interest rates. Inside, the home features an open-concept layout designed for both everyday living and entertaining. The kitchen flows seamlessly into the main living area and includes generous counter space, abundant cabinetry, and a large island perfect for gathering with family and friends. The flexible floor plan includes a dedicated office or flex room with French doors, ideal for working from home, a playroom, or additional guest space. A separate dining room provides a more formal setting for holidays and entertaining. The spacious primary suite offers a relaxing retreat with a large walk-in closet and an oversized shower. Three additional bedrooms and two full bathrooms provide comfortable space for family or guests. Located in the sought-after Breakfast Point neighborhood, residents enjoy sidewalks, parks, and easy access to Breakfast Point Academy. The location places you just minutes from the white sand beaches of the Gulf of Mexico, Pier Park shopping and dining, and convenient access to Panama City and the Navy base. Whether you're looking for a full-time residence, second home, or investment opportunity, this property offers the space, location, and financing advantage that are hard to find in today's market.

Bonus Room

First: Yes

More Information

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Gas: Yes

Interior Features

Ceiling – Raised: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Split Bedroom: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Composite Shngl: Yes
Siding – Hardie Board: Yes

Exterior

Porch Screened: Yes

Association Fees Include

Ground Keeping: Yes
Master Association: Yes
Playground: Yes

Financing

Assume w/int: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Interior

Bonus Room: Yes

Lot Features

Sidewalk: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes
Driveway: Yes
Garage Attached: Yes
Street: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBath Walk-In Closet: Yes
MBed First Floor: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Playground: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Master Bedroom: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Natural Gas – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
ENERGY STAR Qualified Equipment: Yes

Heating

Central: Yes
Electric: Yes

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven – Electric; Range – Gas Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment Heating: Central; Electric Exterior: Porch Screened Association Fees Include: Ground Keeping; Master Association; Playground Financing: Assume w/int; Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Bonus Room Lot Features: Sidewalk Lot Access: Paved Road Bonus Room: First Parking Features: Additional Parking; Driveway; Garage Attached; Street Association Amenities: Playground; Sidewalks Rooms: Bedroom; Bonus Room; Master Bedroom Utilities: Cable – Available; Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	16 x 15	16.00	15.00
Bedroom	First	13 x 10	13.00	10.00
Bedroom	First	11 x 11	11.00	11.00
Bedroom	First	13 x 11	13.00	11.00
Bonus Room	First	12 x 12	12.00	12.00

Listing Office: Beach House Sales and Development

Last Updated: June – 08 – 2026

Information deemed reliable but not guaranteed.