Address
311 N Gay Avenue, Panama City, FL
Price
$ 274,999
Property Attributes
  • MLS#790758
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area02 - Bay County - Central
  • NeighborhoodCallaway Corners
  • Zip32404
  • Style
  • Year Built2019
  • Taxes$ 3022
  • Price$ 274,999
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1676
  • Lot Size0.05 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Immediate Cash Flow Opportunity! This home comes with a one-year rental agreement in place, providing you with cash flow and financial security with vetted tenants. The lease expires March 31, 2027 with rent at $1,900/month. This beautiful 4-bedroom, 2.5 bath home, built in 2019, is contemporarily designed inside and out. The open floor plan is ultra-low maintenance, with metal roof, custom cabinets, quartz counter tops, LVP downstairs and carpet upstairs, plus, the low-cost HOA takes care of the yard! Everything is in like new condition. Callaway Corners offers a welcoming, family-oriented community that appeals to investors, first time home buyers and military families. Tyndall Air Force base is under 20 minutes away and local retail, dining and shopping are just minutes away. Enjoy the relaxing, sandy beaches in under 30 minutes on Panama City Beach. Don't miss out on this great value in the secluded neighborhood of Calloway Corners.

Elementary School Middle School High School
Callaway Elementary School Rutherford Middle Middle School Rutherford High School
Price History
6/3/2026 Listed $269,998
8/14/2026 2$274,999

General Features

Sewer Public Sewer
Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Callaway Corners
Special Listing Conditions Listed As-Is
Status Active
Directions From HWY 98/Tyndall Parkway take HWY 22 East, Callaway Corners is on your left.
High School Rutherford
City Panama City
Zoning Description Resid Single Family
MLS Area 02 - Bay County - Central
Lot Size Units Acres
Lot Size Square Feet 2222
Elementary School Callaway
Land Lease Y/N true
Tax Annual Amount 3022
Middle/Junior High School Rutherford Middle
MLS Area Minor 0202 - Bay - Central SE
Standard Status Active
Property Sub Type Additional Single Family Residence
Association Amenities Picnic Area
Occupancy Type Occupied
Year Built 2019
Association Fee Includes Legal/Accounting,Maintenance Grounds
Heating Heat Pump
Cooling Ceiling Fan(s),Heat Pump
Appliances Electric Oven,Electric Range,Electric Water Heater,Ice Maker
Patio/Porch Features Balcony
Construction Materials HardiPlank Type,Wood Frame
Attached Garage false
Garage Y/N true
Total Rooms 10
Full Baths 2
Garage Spaces 1
Architectural Style Contemporary
Stories Count 2
Levels Two
HOA Fee 60
Assoc Fee Paid Per Monthly
New Construction false
Senior Community Y/N false
Number Of Units Total 1
Roof Metal

Interior Features

Total Baths 3
Interior Amenities Double Vanity,Tub Shower,Upper Level Primary,Pantry
Furnished Units None
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
LivingAreaSource Appraiser
Half Baths 1
Total Stories 2

Exterior Features

Lot Size Area 0.05
Lot Dimensions 40*56
Lot Size Acres 0.05
Road Frontage Type City Street
Parking Features Garage,Garage Door Opener
Building Area Total 1676
Waterfront Y/N false
Road Responsibility Public Maintained Road
Fencing Fenced
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

Price
AVG $330K
$270K
Taxes
AVG $1,960
$3,022
Year Built
AVG 2011
2019