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$350,000 Just Listed
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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.
Full Property Details
Full Property Details for 314 & 316 Bayou Ave
General
- Price: $350,000
- Taxes: $4,183 (2025)
- Status: Active
- Type: Duplex
- Source: Bay_County
- MLS ID: 795016
- Updated: 9/3/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving 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
School Information
- Elementary School: Parker
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: .09
- Lot Dimensions: 40.0 ft x 105.0 ft
- Lot Features: Paved
Financial Considerations
- Tax Amount: $4,183.31
- Tax Year: 2025
Disclosures and Reports
- 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
- Property ID: 23120-000-000
Listed by ERA Neubauer Real Estate Inc
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Schools
Schools serving 314 & 316 Bayou Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 & 316 Bayou Ave
Date
Details
Price
Change
Source
9/03/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 & 316 Bayou Ave
314 & 316 Bayou Avenue, Panama City, FL 32401 (MLS# 795016) is a Duplex property with 6 bedrooms and 4 full bathrooms. 314 & 316 Bayou Avenue is currently listed for $350,000 and was received on September 03, 2026. Want to learn more about 314 & 316 Bayou Avenue? Do you have questions about finding other Duplex real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

