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328 Johnson Bayou Drive

Panama City Beach FL 32407

4
3
2
2672 sq. ft.
7492 sq. ft.
Single-Family
Currently for sale - view listing

Overview

VA BUYERS -- ASSUMABLE 3.75% INTEREST RATE OPPORTUNITY. Welcome to 328 Johnson Bayou Drive in the highly desirable Breakfast Point community of Panama City Beach. This spacious 4-bedroom, 3-bath home with a dedicated office and separate dining area offers over 2,670 square feet of thoughtfully designed living space just minutes from the beach, Pier Park, and top-rated schools. One of the most valuable features of this home is the rare opportunity for qualified buyers to assume the existing VA mortgage at approximately 3.75%, potentially saving hundreds to over a thousand dollars per month compared to current interest rates. Inside, the home features an open-concept layout designed for both everyday living and entertaining. The kitchen flows seamlessly into the main living area and includes generous counter space, abundant cabinetry, and a large island perfect for gathering with family and friends. The flexible floor plan includes a dedicated office or flex room with French doors, ideal for working from home, a playroom, or additional guest space. A separate dining room provides a more formal setting for holidays and entertaining. The spacious primary suite offers a relaxing retreat with a large walk-in closet and an oversized shower. Three additional bedrooms and two full bathrooms provide comfortable space for family or guests. Located in the sought-after Breakfast Point neighborhood, residents enjoy sidewalks, parks, and easy access to Breakfast Point Academy. The location places you just minutes from the white sand beaches of the Gulf of Mexico, Pier Park shopping and dining, and convenient access to Panama City and the Navy base. Whether you're looking for a full-time residence, second home, or investment opportunity, this property offers the space, location, and financing advantage that are hard to find in today's market.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2672 sq. ft. floor area
7492 sq. ft. lot size
Single-Family

Property history for 328 Johnson Bayou Drive

2022
Sold
$635,000
26 Aug 2022 by Duran Group, of Berkshire Hathaway HomeServices Beach Properties of Florida
2015
Sold
$361,364
02 Jul 2015 by Leonard Jaffe, of Weekly Homes Realty Company

Happy sellers in Panama City Beach

76%
76% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Panama City Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Panama City Beach

In the last 12 months, 110 four-bedroom single-family properties similar to 328 Johnson Bayou Drive, have been sold.

This represents a 1% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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