314 & 316 Bayou Avenue, Panama City, FL 32401
- $350,000
- 6
- BD
- 4
- BA
- List Price
- $350,000
- Status
- ACTIVE
- MLS#
- 795016
- Subtype
- Residential
- Style
- Duplex
- Year Built
- 2024
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 4
- Lot Size
- 3,920
- Acres
- 0.09
- Subdivision
- No Named Subdivision
- Neighborhood
- Bay - Central SE
- MLS Area Major
- Bay County - Central
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.
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Additional Information
- Property Description
- Duplex
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Elementary School
- Parker
- Middle School
- Rutherford Middle
- High School
- Rutherford
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Listing courtesy of ERA Neubauer Real Estate Inc.