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4 Beds
3 Baths
1,676 sqft

$274,999

311 N Gay Avenue, Panama City FL, 32404

Price per sqft$164.08
Built in2019
Property size1,676 sqft
Property typeResidential

Overview

Active

Listed Jun 3, 2026

Updated Aug 15

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.

$1,830/mo

Est. mortgage payment based on a $274,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
790758

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$3,022
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
55+/Senior Community
No

 

Courtesy of Beachy Beach Real Estate, Ron Rago,
Listing Contact: 850-625-6936 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Beach House Sales and Development shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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