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Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 350,000

Est. payment -/mo

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314 & 316 Bayou AVE Panama City, FL 32401

6 Beds

4 Baths

2,438 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,438 sqft

Price per Sqft $143

Subdivision No Named Subdivision

MLS Listing ID 795016

Style Duplex

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2024

Annual Tax Amount $4,183

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

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.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Community Features Short Term Rental Allowed

Private Pool No

Building

Lot Description Paved

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Architectural Style Duplex

Level or Stories Two

New Construction No

Schools

Elementary Schools Parker

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Restrictions Short Term Rentals Allowed

Tax ID 23120-000-000

Listed by ERA Neubauer Real Estate Inc

Schools and Properties Nearby

Kerry Jayne Jackson

Broker Associate License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty