314 & 316 Bayou Avenue
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.
Broker Details
Neubauer Real Estate, Inc. ERA (850) 785-1551
MLS ID: B1509 State License Number: 3257545
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $350,000 |
| Year Built: | 2024 |
| Lot Size: | 2,438.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-BCARFL-795016
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