311 N Gay Avenue, Panama City, FL 32404

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
311 N Gay Avenue,Panama City, FL 32404
$269,998
  • 4 Beds
  • 3 Baths
  • 1,676 sq. ft.
  • Single family
  • Active
Listed by: ron rago
Office: beachy beach real estate
MLS#:790758
Source:FL_BCMLS

Price summary

  • Price:$269,998
  • Price per sq. ft.:$161.1

About this home

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.

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Home facts

  • Year built:2019
  • Listing ID #:790758
  • Added:2 day(s) ago
  • Updated:June 06, 2026 at 02:24 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:10
  • Kitchen Description:Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Pantry
  • Living area:1,676 sq. ft.

Heating and cooling

  • Cooling:CeilingFans
  • Heating:Heat Pump

Structure and exterior

  • Roof:Metal
  • Year built:2019
  • Building area:1,676 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Wood Frame
  • Exterior Features:Balcony
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Callaway

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$269,998
  • Price per sq. ft.:$161.1
  • Tax amount:$3,022 (2025)

Features and amenities

  • Amenities:ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker, Pantry, Picnic Area

Parking

  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:1
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