For Sale

Listed by Beth Mulvey

Source: Bay County Realtors Association #783098

328 Johnson Bayou Drive, Panama City Beach, FL, 32407

$615,000

4
3
2
2672 sq. ft.
7492 sq. ft.

SingleFam

30+ days on the market

What's around 328 Johnson Bayou Drive

About this property

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.

Looking for more information on 328 Johnson Bayou Drive?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$499,000
362 Emerald Cove Street
Panama City Beach FL 32407
4
4
2
Single-Family
Listing courtesy of Coldwell Banker Realty
For Sale
$717,919
334 Sheephead Bayou Drive
Panama City Beach FL 32407
4
4
3
Single-Family
Listing courtesy of HMS Real Estate
For Sale
$688,417
317 Sheephead Bayou Drive
Panama City Beach FL 32407
4
4
2
Single-Family
Listing courtesy of HMS Real Estate

Other properties for sale by Beach House Sales and Development

For Sale
$399,900
7006 Messer Road
Panama City FL 32404
3
2
Single-Family
Listing courtesy of Beach House Sales and Development
For Sale
$389,000
706/11347 Front Beach Road
Panama City Beach FL 32407
1
1
Condo
Listing courtesy of Beach House Sales and Development
For Sale
$1,200,000
7122 South Lagoon Drive
Lower Grand Lagoon FL 32408
Land
Listing courtesy of Beach House Sales and Development

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent