Live the Gulf Life on Florida’s Emerald Coast

Duplex

314 & 316 Bayou Avenue

Panama City, FL 32401

MLS#: 795016

$350,000

Status: Active
Listing number: 795016
Listing provided by: ERA Neubauer Real Estate Inc
Listing agent phone: None
Last update: an hour ago
New on site today
Browse Properties
No Named Subdivision - Residential

Property

Beds

6

Full Baths

4

1/2 Baths

None

Year Built

2024

Sq.Footage

2,438

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.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.09

  • Lot Size(square feet)

    3,920

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Duplex

Price

  • Sales Price

    $350,000

  • Tax Amount

    $4,183.31

  • Sq. Footage

    2,438

  • Price/SqFt

    $143

HOA

  • Association

    No

School District

  • Elementary School

    Parker

  • Middle School

    Rutherford Middle

  • High School

    Rutherford

Property Features

  • Stories

    2

  • New Construction

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

Parker

Middle School

Rutherford Middle

High School

Rutherford

Listing Courtesy of Heather H Neubauer, ERA Neubauer Real Estate Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it 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 and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Ricky Robbins

REALTOR®

Ricky Robbins

Call Ricky today to schedule a private showing.

(850) 625-4394

Ricky@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

314 & 316 Bayou Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Same owner for the last 30 years! Recently placed on the rental market and doing significantly better than anticipated! Imagine waking to the sound of gentle waves and stepping onto your private balcony to take in breathtaking panoramic views of the emerald Gulf of America and 500 feet of pristine, sugar-white sands. This one-bedroom condo at the highly sought-after Sunbird Beach Resort offers the perfect blend of coastal luxury and unbeatable value, set within one of Panama City Beach's most iconic beachfront complexes. Featuring a thoughtfully designed living space, the unit includes a fully equipped kitchen, comfortable queen bedding, and a queen sofa sleeper, which is ideal for families, couples, or savvy investors. Residents enjoy direct private beach access to one of the area's largest stretches of private shoreline, three Gulf-side pools (including a heated option), tennis courts, a state-of-the-art fitness center, Gulf views, shuffleboard, BBQ grills, and high-speed Wi-Fi throughout the gated community. Located next to the legendary Pineapple Willy's and within walking distance of amenities and vibrant nightlife, this condo offers unmatched convenience and rental demand. In today's Panama City Beach market, where one-bedroom beachfront condos in established complexes like Sunbird are listed in the $300,000-$400,000 range and have strong short-term rental potential, this property offers exceptional value and long-term appreciation in a high-tourism destination. Whether you're seeking a personal coastal retreat or a turnkey investment with income-generating power, this Sunbird one-bedroom is your gateway to the ultimate Florida beach lifestyle. Don't miss your chance to own a slice of paradise where memories are made every day.
#789093

Panama City

9850 S Thomas Drive 202E

1 Beds

1 Baths

609 Sq.Ft.

$284,999

MLS#: 789093

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. POOL HOME ON 2 ACRES WITH NO HOA! If you've been searching for the perfect combination of privacy, space, and convenience, this all-brick 3-bedroom, 2-bath home is ready to welcome you home. Located just off Highway 231 in Panama City, this move-in-ready property offers peaceful country living while remaining just minutes from shopping, dining, schools, and a short drive to Tyndall Air Force Base and the beautiful Gulf Coast beaches. Inside, you'll find a warm and inviting floor plan featuring fresh interior paint, luxury vinyl plank flooring, a welcoming foyer with a coat closet, and a spacious living room showcasing beautiful wood-beamed ceilings and a cozy wood-burning fireplace. The kitchen offers stainless steel appliances, a breakfast nook perfect for casual dining, and easy access to the adjoining air-conditioned sunroom, providing additional year-round living space ideal for relaxing, entertaining, or enjoying views of the backyard. The home also features a separate laundry room, two linen closets, a tiled shower/tub combination, and a functional primary suite with a large walk-in closet. Step outside to your own private backyard oasis featuring a large in-ground gunite pool, a covered screened patio, and a privacy fence surrounding the backyard, creating the perfect setting for entertaining or enjoying quiet evenings at home. The pool is professionally maintained by Tropical Pools & Spas, making ownership simple and convenient. With two acres of land, there's plenty of room for all your hobbies, equipment, and outdoor toys. Two concrete parking pads provide ample space for RVs, boats, trailers, or additional vehicles, with one pad already equipped with electricity. A storage shed offers even more space for tools and lawn equipment. This home also provides peace of mind with a brand-new septic system, a roof approximately six years old, an HVAC system approximately six years old, and a private well. Whether you're looking for a pool home, acreage, RV parking, boat parking, no HOA restrictions, or simply more room to spread out while staying close to town, this property checks all the boxes and offers the lifestyle you've been searching for.
#792253

Panama City

7006 Messer Road

3 Beds

2 Baths

1,989 Sq.Ft.

$379,900

MLS#: 792253

THE LOWEST PRICED UNIT IN BOARDWALK BEACH RESORT!! (as of 5/23/26) Welcome to your slice of paradise on the white sands of Panama City Beach! This beautiful 1 bedroom, 1 bathroom gulf-front condo at the highly sought-after Boardwalk Resort offers breathtaking, unobstructed views of the emerald waters right from your private balcony. With some of the lowest HOA dues for a high rise in all of Panama City Beach and already completed with the structural integrity reserve study, this makes the complex and this unit a win for the next owner or investor! This is also one of the few 1 bedrooms with an updated bathroom and walk in shower! Perfectly located, you'll be just steps from popular attractions like Pineapple Willy's, WonderWorks, Signal Hill Golf Course, Ripley's Believe It or Not, and more--making this an ideal vacation spot or investment opportunity. Boardwalk Resort is known for its incredible amenities, including: Resort-style beachfront pool, relaxing hot tubs, fitness center with gulf views, onsite grill & bar for great food and drinks, kids' splash pad and fun family-friendly spaces, whether you're sipping your morning coffee overlooking the Gulf, enjoying the poolside atmosphere, or walking to some of PCB's best dining and entertainment, this condo delivers the ultimate beach lifestyle. Don't miss your chance to own a gulf-front condo at Boardwalk Resort and start making memories--or rental income--today! This unit has over $32k in gross rental income in 2025.
#778448

Panama City

9450 S Thomas Drive 2105

1 Beds

1 Baths

745 Sq.Ft.

$344,900

MLS#: 778448

New on site today
The perfect opportunity for a first time investor or seasoned professional! This duplex is currently vacant, and has just had a fresh facelift! Improvements include brand new wood railings around the front porch, fresh exterior paint, and new gates on the fence. The metal roof and HVAC are both only 5 years old. Both units are two bedrooms and one bathroom, with a living room and kitchen. Both sides also have individual attached storage units! The property being vacant makes it the perfect opportunity for someone intending to live in half and rent out the other side (if intending to use as a short term rental, please verify eligibility with Bay County). Using it as an owner occupied property, with the other side rented to pick up most of the mortgage, it would likely be financeable with FHA or VA. This property has a lot of features that make it perfect for families with small children. The duplex is located just a couple blocks from Hiland Park Elementary School on a dead end road. The large backyard has plenty of room for kids to play, and is fully fenced and gated for peace of mind. Headland Avenue is very private, but also offers easy access to Baldwin Road and Highway 231. This means easy commutes for your renters to Bay County's largest employers, including medical facilities, shopping districts, and manufacturing. This property offers tenants privacy, comfort, opportunity, and security in a central location. It is the best of all worlds! Duplexes in locations this good, packed with this many family friendly features, are always in demand for reliable tenants!
#794982

Panama City

3039 Headland Avenue

4 Beds

2 Baths

1,728 Sq.Ft.

$319,999

MLS#: 794982

New on site today
As you enter through the front door, you'll be greeted by an open living area, encompassing the great room and dining room. This open concept design creates a seamless flow and a sense of togetherness. The kitchen is a true standout, boasting an abundance of counter space, providing a spacious and practical workspace for all your culinary endeavors. Split floorplan with 3 spare bedrooms on 1 side and primary retreat on the other.
#794975

Panama City

257 Seneca Avenue

4 Beds

2 Baths

1,805 Sq.Ft.

$286,990

MLS#: 794975

New on site today
As you step into the Palmer, you'll be greeted by the inviting open living room and dining room, creating a warm and welcoming ambiance. Continuing further, you'll discover the well-appointed kitchen and great room, perfect for entertaining and creating lasting memories. The owners' suite is privately located off its own hallway, offering a tranquil retreat. It features an ensuite bathroom and a generously sized walk-in closet, providing both comfort and convenience. Additionally, this home offers three additional bedrooms, each generously proportioned to accommodate your family's needs. The laundry room is just steps away from the 2-car garage, ensuring plenty of space for storage and parking. Crafted with our unwavering commitment to quality, the Palmer incorporates energy smart features throughout. From the digital thermostat and a heating, ventilation, and A/C system to the roof vent and soffit for efficient attic ventilation, and dual pane energy-efficient windows, every detail is designed to enhance comfort and sustainability.
#794977

Panama City

5125 Harvey Street

4 Beds

2 Baths

2,062 Sq.Ft.

$307,990

MLS#: 794977

New on site 1 day ago
Welcome to 109 Saw Grass Way, a beautifully maintained 4-bedroom, 2-bath home in the desirable Villages of Mill Bayou. From the moment you arrive, it's clear this home has been well cared for--and the setting makes it even more special. Inside, the open floor plan creates a bright, comfortable space that's perfect for everyday living and entertaining. The spacious kitchen features granite countertops, custom cabinetry, a breakfast bar, and an adjoining dining area, all flowing naturally into the main living space. Durable LVP flooring adds both style and easy maintenance, while the generous primary suite includes a private bath with granite countertops and a relaxing soaking tub. One of the best features of this home is what you'll find out back. Step onto the screened-in back porch and enjoy a peaceful view of the pond--an ideal place for morning coffee, evening drinks, or simply unwinding at the end of the day. The backyard is fully fenced while still preserving the beautiful water view, giving you the benefit of an enclosed yard without sacrificing the scenery. With no homes directly behind you, the backyard feels open, peaceful, and private. The Villages of Mill Bayou offers a welcoming community atmosphere with sidewalks, opportunities for kayaking and fishing, and a community pool located just a short walk from the house. Outdoor recreation is also close at hand with Lynn Haven Bayou Park & Preserve nearby, along with easy access to the bay for boating, fishing, kayaking, paddleboarding, and other water activities. The location is convenient to shopping, dining, area schools, and everyday necessities, while still offering the relaxed feel of a neighborhood tucked close to the water. If you're looking for a move-in-ready home with plenty of space, a fantastic backyard setting, water views, and a community you'll enjoy coming home to, 109 Saw Grass Way deserves a closer look.
#794931

Panama City

109 Saw Grass Way

4 Beds

2 Baths

1,847 Sq.Ft.

$337,500

MLS#: 794931

New on site 1 day ago
Welcome to this stunning custom built 3 bedroom, 2.5 bath home offering 1,696 square feet of thoughtfully designed living space with peaceful pond views. From the moment you arrive, the modern farmhouse exterior, board and batten siding, warm wood accents, and inviting entry set this home apart. Inside, you'll find an open concept layout filled with natural light and upscale finishes throughout. The beautiful kitchen features quartz countertops, custom cabinetry, a large center island, stylish pendant lighting, tile backsplash, and designer hardware perfect for both everyday living and entertaining. One of the home's standout features is the custom walk-in pantry, complete with built-in shelving, cabinetry, countertop workspace, and plenty of storage. The primary suite continues the custom feel with a spa inspired bathroom featuring a double vanity, freestanding soaking tub, oversized tiled walk-in shower, frameless glass enclosure, and modern black fixtures. With 3 bedrooms, 2.5 baths, a two car garage, custom finishes, and a pond front setting, 7314 Rachel Way combines modern style, functionality, and peaceful waterfront living in one beautiful package. Brand new construction without the cookie cutter feel this one needs to be seen in person.
#794902

Panama City

7314 Rachel Way

3 Beds

2 Baths

1,696 Sq.Ft.

$399,900

MLS#: 794902

New on site 1 day ago
No matter what stage of life you're in, 2805 Airport Road offers the space, updates, and flexibility to fit all of your needs. This beautifully updated, one-story 3-bedroom, 2-bathroom ranch-style home features an open-concept floor plan and is nestled on an oversized corner lot fully enclosed by a six-foot privacy fence. The outdoor space is just as impressive, with mature fruit trees, fully functioning solar panels, a 10' x 12' storage shed, and two separate patio areas--perfect for relaxing, entertaining, or enjoying the privacy of your own backyard. Inside, an additional Craft Room/Man Cave/Media Room and plus a separate Living Area provide endless possibilities. A dedicated Office provides the perfect space, situated between the Laundry Room and Bonus Space, for working from home. The conveniently located Laundry Room sits just off the Kitchen and provides easy access to the backyard. The updated Kitchen features new appliances, new cabinet fronts, and granite countertops, creating a fresh and functional space for everyday living and entertaining. Throughout, you'll find durable Luxury Vinyl Plank and carpet, freshly painted walls, and updated fixtures. Both the Primary Bathroom and Guest Bathroom have been thoughtfully updated. The HVAC and Water Heater were updated in 2020, providing added peace of mind. With its combination of thoughtful updates, versatile living spaces, generous outdoor area, and move-in-ready condition, this property is an excellent opportunity for a primary residence, second home, or rental investment. Come see all that 2805 Airport Road has to offer!
#794903

Panama City

2805 Airport Road

3 Beds

2 Baths

1,510 Sq.Ft.

$289,000

MLS#: 794903

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service