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314 & 316 Bayou Avenue

Panama City, FL 32401
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Bed 6

Bed

Bath 4

Bath

Acres0.09

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $350,000

AD Id : 90990501

MLS Id : 795016

Beds : 6

Lot Size : 0.09 Acre

Tax Amount : 4183.31

Year Built : 2024

County : Bay

Subdivision: Summit

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 8
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2024
    Building Area Total: 2438
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 40.0 ft x 105.0 ft Main Square Feet: 0.09 Lot Size Acres: 0.09 Lot Size Square Feet: 3,920 Lot Description: Paved

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Property SubType: Duplex Levels: Two Property Age: 2

  • Listing Price Information

    Listing Price: $350000

  • Tax Information

    Parcel Number: 23120-000-000 Tax Year: 2025 Annual Tax: $4183.31 Tax Legal Desc: 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

  • School Information

    Elementary School: Parker Junior High School: Rutherford Middle Senior High School: Rutherford
  • Location Information

    Direction: 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
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ByOwner last updated this listing 09/12/2026 @ 20:11

MLS: 795016 LISTED BY: Heather Neubauer, ERA Neubauer Real Estate Inc 850-785-1551 SOURCE: CPAR

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