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About This Home

This 4-bedroom, 3-bathroom single family at 311 N Gay Avenue in Panama City, FL is listed for $269,998 ($161 per sqft). Built in 2019, the home offers 1,676 sqft of living space on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 2019
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
2019

Amenities

A/C

Monthly Cost Estimate

$1,444/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

311 N Gay Avenue

Panama City, FL 32404

Callaway Corners

Features & Amenities

Interior Features

Pantry

Property Details

Construction

HardiplankType WoodFrame

Parking

OpenGarage

Heating

Heat Pump (Heating)

Cooling

Ceiling Fan(s)Heat Pump

Appliances

ElectricOvenElectricRangeElectricWaterHeaterIceMaker

Questions & Answers

This 4-bedroom, 3-bathroom single family at 311 N Gay Avenue is listed at $269,998 ($161/sqft). The estimated monthly payment is $1,170 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 0.05 acre lot, 2 stories. Interior Features: Pantry.

This property is listed by Ron Rago and can be reached at 8506256936 or RonRago@BeachyBeach.com.

RR

Ron Rago

Agent at Beachy Beach Real Estate

(850) 625-6936

Listed by Beachy Beach Real Estate · View on Broker Site

MLS# 790758· Source: listhub· Updated 1 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

311 N Gay Avenue, Panama City, FL 32404

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