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For sale
    • Price increase: $5K (8/14)
    $274,999

    311 N Gay Ave, Panama City, FL 32404

    4beds
    1,676sqft
    : 
    $1,808/mo
    Get pre-qualified
    Single Family Residence
    Built in 2019
    2,178 Square Feet Lot
    $273,300 Zestimate®
    $164/sqft
    $60/mo HOA

    What's special

    Metal roofQuartz counter topsCarpet upstairsOpen floor planCustom cabinetsLvp downstairs
    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.
    82 days
    |
    299
    |
    34
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ron Rago 850-625-6936,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 790758MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Garage, Kitchen, Laundry, Living Room, Primary Bedroom, Pantry
      Primary bedroom
      • Level: Second
      • Dimensions: 15 x 15
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 10
      Dining room
      • Level: First
      • Dimensions: 11.5 x 10
      Garage
      • Level: First
      • Dimensions: 10.5 x 19.5
      Kitchen
      • Level: First
      • Dimensions: 10.5 x 14
      Laundry
      • Level: First
      • Dimensions: 6 x 7
      Living room
      • Level: First
      • Dimensions: 14.4 x 15
      Pantry
      • Level: First
      • Dimensions: 3 x 9
      Heating
      • Heat Pump
      Cooling
      • Ceiling Fan(s), Heat Pump
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater, Ice Maker
      Features
      • Double Vanity, Tub Shower, Upper Level Primary, Pantry
      Interior area
      • Total structure area: 1,676
      • Total interior livable area: 1,676 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony
      • Fencing: Fenced
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 40*56
      Details
      • Parcel number: 06275100006
      • On leased land: Yes
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Callaway Corners
      HOA
      • Has HOA: Yes
      • Amenities included: Picnic Area
      • Services included: Legal/Accounting, Maintenance Grounds
      • HOA fee: $60 monthly
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $164/sqft
      • Tax assessed value: $223,659
      • Annual tax amount: $3,022
      • Date on market: 6/3/2026
      • Cumulative days on market: 82 days

        Estimated market value

        $273,300

        $260,000 - $287,000

        $2,149/mo

        Price history

        DateEventPrice
        8/14/2026Price change$274,999+1.9%$164/sqft
        Source: CPAR #790758 Report a problem
        6/3/2026Listed for sale$269,998$161/sqft
        Source: CPAR #790758 Report a problem
        4/30/2026Listing removed$269,998$161/sqft
        Source: CPAR #788216 Report a problem
        4/24/2026Listing removed$1,900$1/sqft
        Source: CPAR #783967 Report a problem
        4/12/2026Listed for sale$269,998$161/sqft
        Source: CPAR #788216 Report a problem
        4/10/2026Listing removed$269,998$161/sqft
        Source: CPAR #780166 Report a problem
        4/3/2026Price change$269,998-1.8%$161/sqft
        Source: CPAR #780166 Report a problem
        3/30/2026Price change$1,900-2.6%$1/sqft
        Source: CPAR #783967 Report a problem
        3/13/2026Price change$1,950-7.1%$1/sqft
        Source: CPAR #783967 Report a problem
        3/13/2026Price change$275,000-3.5%$164/sqft
        Source: CPAR #780166 Report a problem
        2/26/2026Price change$2,100-4.5%$1/sqft
        Source: CPAR #783967 Report a problem
        1/21/2026Listed for rent$2,200$1/sqft
        Source: CPAR #783967 Report a problem
        10/9/2025Listed for sale$285,000+0.7%$170/sqft
        Source: CPAR #780166 Report a problem
        10/6/2025Listing removed$282,888$169/sqft
        Source: CPAR #773814 Report a problem
        9/26/2025Price change$282,888-0.7%$169/sqft
        Source: CPAR #773814 Report a problem
        8/25/2025Price change$285,000-0.9%$170/sqft
        Source: CPAR #773814 Report a problem
        8/6/2025Price change$287,500-0.7%$172/sqft
        Source: CPAR #773814 Report a problem
        6/28/2025Price change$289,500-5.1%$173/sqft
        Source: CPAR #773814 Report a problem
        6/6/2025Price change$305,000-6.2%$182/sqft
        Source: CPAR #773814 Report a problem
        5/21/2025Listed for sale$325,000+63.4%$194/sqft
        Source: CPAR #773814 Report a problem
        5/31/2019Sold$198,855$119/sqft
        Source: CPAR #679746 Report a problem
        2/7/2019Listing removed$198,855$119/sqft
        Source: Beachy Beach Real Estate #679746 Report a problem
        1/30/2019Listed for sale$198,855$119/sqft
        Source: Beachy Beach Real Estate #679746 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,054 +5.4%$221,984 +10%
        2023$2,897 +22.2%$201,804 +10%
        2022$2,370 $183,458
        2021-- --
        2020$2,242 +1371.2%$167,489 +1369.2%
        2019$152 $11,400 +7.5%
        2018$152 +12.5%$10,600 -29.3%
        2017$135 -31.9%$15,000
        2016$199 -5.6%$15,000
        2015$211 $15,000
        2014$211 $15,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32404

        Getting around

        40 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Callaway
        • Middle: Rutherford Middle
        • High: Rutherford

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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