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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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314 & 316 Bayou Ave , Panama City, FL 32401
$350,000
Est. Payment: $1,933.70/mo
6 Bed
4 Bath
2438 Sqft
0.09 Acres
Status: Active | Days on site: 6
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BENB - B1509
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House 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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Highlights

Listed by Heather H Neubauer , 850-774-2832 ERA Neubauer Real Estate Inc , 850-785-1551. Bay County Association of REALTORS

Property Type

Condo/Townhome
Lot/Acreage
0.09

Year Built

2024

County

Bay

Area

02 - Bay County - Central

 Neighborhood

No Named Subdivision

Listing ID

795016

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:Paved
Lot Dimensions:40.0 ft x 105.0 ft
Sewer:Public Sewer
Principal Interest
$1,934
Taxes
$349

Home Price

$350,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,933.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,933.70 $348.61 $0.00 $2,282.31
Yearly $23,204.40 $4,183.31 $0.00 $27,387.71
Total $696,131.85 $125,499.30 $0.00 $821,631.15

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS