4805 Sunset Drive, Panama City, FL 32404

$572,500
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,210 Status: Sold
Current Price: $572,500 List Date: 4/24/2026 Last Modified: 6/04/2026

Overview

Description

Motivated Seller – Rare Waterfront Opportunity Under $600k! Bring All Reasonable Offers! Imagine owning your own slice of waterfront paradise on nearly half an acre in the serene, tree-lined East Side Cove of Donalson Point, Panama City — priced under $600k. This charming all-brick ranch-style home offers 4 bedrooms, 2 bathrooms, and 2,210 sq ft with protected cove waterfront access and a seawall — perfect for boating enthusiasts and weekend captains. You'll love private ownership of part of the island across the cove — ideal for family picnics, pirate adventures with the kids, or your own private beach escape. Boaters enjoy sheltered bayou/bay access. Reach open Gulf waters in 15-20 minutes or launch from the nearby public ramp. You're only 5 minutes from Callaway and Tyndall AFB and 15 minutes from Mexico Beach's sugar-white sands. This is an entertainer's dream and a lucrative short-term rental with no restrictions. The seller is open to a fully furnished sale — completely

Listing Details MLS# 788836

Contract Info

List Price/SqFt
262.44

Location

Area
02 – Bay County – Central
Street #
4805
Street Name
Sunset
Street Suffix
Drive
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Donalson Point
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
26146-000-000
Elementary School
Tyndall
Middle School
Rutherford Middle
High School
Rutherford
Directions
South on Tyndall Parkway, left on Soule Dr, Left on Stratford, right on Sharon, right on Sunset. House on right on water.
Legal Description
3RD AMENDED PLAT PT DONALSON LOT 6 & EXT OF LINE 6 THRU BLK 13 TO PARKER BAYOU BLK 7 ORB 4354 P 895 -(6.05)-119D3-

General Property Info

Sub-Type
Detached Single Family
Design
Ranch
Apx SqFt(Htd/Cooled)
2210
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
# of Stories in Building
Yes
Year Built
1965
Immediate Occupancy
Yes
Pre-Const Flip
No
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Driveway Spaces
2
Lot Dimensions
100×200
Beach Frontage
100
Pool
No
Acreage
0
Lot Size (SqFt)
0

Status Change Info

Under Contract Date
2026-05-05
Sold Date
2026-06-03
Sold Price/SqFt
259.05

Listing Info, Tax and Legal

Homestead
Yes
HOA Fee
No
New Buyer Fee
No
Last Taxes
5437
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Motivated Seller – Rare Waterfront Opportunity Under $600k! Bring All Reasonable Offers! Imagine owning your own slice of waterfront paradise on nearly half an acre in the serene, tree-lined East Side Cove of Donalson Point, Panama City — priced under $600k. This charming all-brick ranch-style home offers 4 bedrooms, 2 bathrooms, and 2,210 sq ft with protected cove waterfront access and a seawall — perfect for boating enthusiasts and weekend captains. You'll love private ownership of part of the island across the cove — ideal for family picnics, pirate adventures with the kids, or your own private beach escape. Boaters enjoy sheltered bayou/bay access. Reach open Gulf waters in 15-20 minutes or launch from the nearby public ramp. You're only 5 minutes from Callaway and Tyndall AFB and 15 minutes from Mexico Beach's sugar-white sands. This is an entertainer's dream and a lucrative short-term rental with no restrictions. The seller is open to a fully furnished sale — completely turnkey for immediate living or instant income. The standout Florida room features floor-to-ceiling windows and panoramic water views. Cozy up by the fireplace or watch boats and wildlife pass by. Outside, enjoy daily Florida living: stunning sunsets, fire pit nights with s'mores and stories, and a large fenced yard perfect for play, gardening, or future dock ideas. Includes a 2-car garage and paved driveway. Waterfront homes under $600k with private island access here are rare and sell fast. Whether you want a primary home, weekend getaway, or investment, this gem delivers lifestyle, location, and serious value right now. Don't miss it — schedule your showing today and start making memories on the water before it's gone!

More Information

Appliances

Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Washer
Yes

Interior Features

Floor – Laminate
Yes
Kitchen Island
Yes

Construction/Siding

Foundation – Slab on Grade
Yes
Roof – Composite Shngl
Yes

Exterior

Fenced Back Yard
Yes
Fenced Chain Link
Yes
Fire Pit
Yes
Porch Covered
Yes

Waterfront Feature

Shore – Seawall
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
USDA
Yes
VA
Yes

Furnished

Negotiable
Yes

Interior

Bunk Room
Yes

Lot Features

Waterfront
Yes

Lot Access

City Street
Yes

Parking Features

Garage Attached
Yes
Paved
Yes

Present Zoning

City
Yes

Association Amenities

Boat Launch
Yes

Rooms

Bedroom
Yes
Master Bedroom
Yes

Utilities

TV Cable
Yes
Garbage
Yes
Internet – Broadband Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Bay
Yes
Bayou
Yes

Sale Type

As Is
Yes

Waterfront Type

Bay/Harbor
Yes
Bayou w/ Gulf Access
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Property Features

Appliances: Microwave; Range Hood; Refrigerator; Washer Master Bedroom: First Bedroom: First Cooling: Central Air Heating: Central Exterior: Fenced Back Yard; Fenced Chain Link; Fire Pit; Porch Covered Financing: Cash; Conventional; FHA; USDA; VA Furnished: Negotiable Interior: Bunk Room Lot Features: Waterfront Lot Access: City Street Parking Features: Garage Attached; Paved Association Amenities: Boat Launch Rooms: Bedroom; Master Bedroom Sale Type: As Is Utilities: TV Cable; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access Waterfront Feature: Shore – Seawall Waterview: Bay; Bayou

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 20 x 15 20.00 15.00
Bedroom First 14 x 12 14.00 12.00
Bedroom First 14 x 12 14.00 12.00
Bedroom First 14 x 12 14.00 12.00
Listing Office: Dalton Wade Inc
Last Updated: June – 04 – 2026
Information deemed reliable but not guaranteed.