# 311 N Gay Avenue, Panama City, FL 32404

> **TL;DR:** 4bd/3ba single family, $269,998 ($161/sqft), built 2019, 1,676 sqft.
> A/C. Est. $1,170/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $269,998 |
| Price/sqft | $161 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,676 |
| Year Built | 2019 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,170 |
| **Total** | **$1,170** |

## Nearby Schools

- **Elementary:** Callaway
- **Middle:** Rutherford Middle
- **High:** Rutherford

## Key Amenities

- A/C

## Property Highlights

- Built in 2019
- 0.05 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 311 N Gay Avenue, Panama City, FL 32404
- **County:** Bay
- **Neighborhood:** Callaway Corners
- **Coordinates:** 30.153755, -85.587183
- **Google Maps:** https://www.google.com/maps?q=30.153755,-85.587183

## Listing Agent

- **Name:** Ron Rago
- **Brokerage:** Beachy Beach Real Estate
- **Phone:** 8506256936
- **Email:** RonRago@BeachyBeach.com

## Primary Photo

![311 N Gay Avenue - Primary Photo](http://lh.rdcpix.com/6c78c26cdbe4b1d381616da7bf7f7e7bl-f3706503710r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/311-n-gay-avenue-panama-city-fl-32404-l790758)*

---

**MLS#:** 790758 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/311-n-gay-avenue-panama-city-fl-32404-l790758)

---

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