Address
314 & 316 Bayou Avenue, Panama City, FL
Price
$ 350,000
Property Attributes
- MLS#795016
- TypeMulti-Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodNo Named Subdivision
- Zip32401
- Style
- Year Built2024
- Taxes$ 4183
- Price$ 350,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2438
- Lot Size0.09 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Rutherford Middle Middle School | Rutherford High School |
| Price History | |
|---|---|
| 9/3/2026 | Listed $350,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | No Named Subdivision |
| Status | Active |
| 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 |
| High School | Rutherford |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3920 |
| Elementary School | Parker |
| Tax Annual Amount | 4183.31 |
| Middle/Junior High School | Rutherford Middle |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Duplex |
| Occupancy Type | Occupied |
| Year Built | 2024 |
| Heating | Central |
| Cooling | Central Air |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 4 |
| Architectural Style | Duplex |
| Stories Count | 2 |
| Levels | Two |
| New Construction | false |
| Structure Type | Duplex |
Interior Features
| Total Baths | 4 |
|---|---|
| Furnished Units | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 6 |
| LivingAreaSource | Appraiser |
| Total Stories | 2 |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Size Area | 0.09 |
| Lot Dimensions | 40.0 ft x 105.0 ft |
| Lot Size Acres | 0.09 |
| Building Area Total | 2438 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 32401
Price
Taxes
Year Built
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- Type
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$ 499,000
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- Size
- 1,896 SqFt
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Panama City
$ 1,797,000
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- Type
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- Size
- 11,664 SqFt
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- 1,914 SqFt
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Port St Joe
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- Type
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Panama City
$ 2,185,000
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- Type
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- Size
- 5,156 SqFt
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Panama City
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- Type
- Multi-Family
- Size
- 4,104 SqFt
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Port St Joe
$ 589,900
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- Type
- Multi-Family
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Panama City
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- Type
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Mexico Beach
$ 689,900
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- Type
- Multi-Family
- Size
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- Rooms
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Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
