4820 N Lakewood Drive, Panama City, FL 32404 (MLS# 783389)

4820 N Lakewood Drive, Panama City, FL 32404

$650,000

Front elevation-single door to kitchen and double door to foyer/entry area

Huge waterfront lot with plenty of parking space!

View off the upper/main level off the open deck space

Foyer/Entry-forward main hall, to the right is a meeting/class room

Main hall space with additional rooms on the right, restrooms to the left, kitchen to the immediate left

Main hall space with additional rooms on the right

Main hall space, view towards the kitchen

Main hall space with additional rooms on the right, restrooms to the left

Main hall space view towards restrooms, utility closet and kitchen to the far left

View towards kitchen, foyer/entry area and meeting/class room to the far left

First meeting/class room to the right when entering

2nd room with window and has closet space

Men Restroom-12'10" x 12', Shower, 1-HC stall,2-urinal areas,1-sink

Ladies Restroom- 12'11" x 15'9"-1-shower and closet stall, 1-HC stall, 1-stall, 2-sinks

Lower level-open deck area and double door storage space

Downstairs game room or meeting room space which has new granite countertop, full bath and large storage closet

Large granite countertop with lots of space for storage and serving room

Property Type: Commercial for Sale Square Footage: 5,010 Lot Size (sq. ft.): 77,972 Status: Active

Current Price: $650,000 List Date: 1/08/2026 Last Modified: 6/30/2026

Overview

Description

Check out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot. The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance! The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside a … (Read more)

Listing Details MLS# 783389

Contract Info

List Price/SqFt: 129.74
Sub-Type: Other

Location

Area: 02 – Bay County – Central
Street #: 4820
Street Direction: N
Street Name: Lakewood
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Lot: 10
Block: B
Subdivision: William L. Wilson Plat
Community/Resort: None
Waterfront: Yes
Parcel ID: 24959-000-000
Section: 13
Township: 4S
Range: 14W
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Directions: From S Tyndall Parkway, West on Cherry Street to 22-A (Bob Little Road), then left (South) on 22-A to N Lakewood Drive, right (West) on N Lakewood, property is on the left (South Side of N. Lakewood Drive) – large parking lot
Legal Description: 13 4S 14W -66- 119A2 LOT 10 BLK B WM L WILSON PLAT IN N1/2 ORB 4129 P 1991

General Property Info

List Class: Other
Immediate Occupancy: Yes
Construction Status: Construction Complete
# of Stories in Building: 2
Site Dimensions: 200 x 390
Acreage: 1.79
Frontage Ft: 200
Lot Depth: 390
SqFt HVAC: 4330
SqFt Tot Bldg: 5010
Year Built: 1950

Waterfront Feature

Waterfront Feet: 200 +/-

Listing Info, Tax and Legal

HOA Fee: No

More Information

Remarks & Misc

Remarks: Check out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot. The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance! The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside and another large storage space you can access from the exterior, and there is added storage with a storage building outside as well. The roof was replaced in December 2018 and additional interior work has been completed since. All information should be verified by buyer or buyer's agent if important. Thank you for considering this unique property, call today for your private showing!

Office/Member Info

Seller Concessioins: No

Construction/Siding

Block: Yes
Floor – Tile: Yes
Floor – W/W Carpet: Yes
Roof – Asphalt: Yes
Roof – Sloping: Yes
Siding – Stucco: Yes

Energy

AC – 2 or More: Yes
AC – Central Elect: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Heat – Central Electric: Yes
Water Heater – Electric: Yes
Water Heater – Two+: Yes

Other Structures

Shed(s): Yes

Financing

Cash: Yes
Conventional: Yes
Lease Option: Yes
Lease Purchase: Yes
Seller Financing: Yes

Present Zoning

City: Yes

Association Amenities

Game Room: Yes
Picnic Area: Yes
Waterfront: Yes

Project Facilities

TV Cable: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Fuel – Electric: Yes
Fuel – Natural Gas: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Waterview

Lake: Yes

Accessibility Features

Accessible Entrance: Yes
Accessible Full Bath: Yes

Sale Type

As Is: Yes

Waterfront Type

Lakefront: Yes

Business/Property

Freestanding Building: Yes
Furnished – Some: Yes
Handicapped Access: Yes
Kitchen Area: Yes
Restrooms – Private: Yes

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Central: Yes
Heat – Central Electric: Yes

Offering Type

Sale Only: Yes

Pricing Type

Sale Price: Yes

Site Description

Aerials Available: Yes
Sloping: Yes

Transport. Access

2-Lane: Yes
City Road: Yes
Paved: Yes

Property Features

Accessibility Features: Accessible Entrance; Accessible Full Bath Energy: AC – 2 or More; AC – Central Elect; Ceiling Fans; Double Pane Windows; Heat – Central Electric; Water Heater – Electric; Water Heater – Two+ Financing: Cash; Conventional; Lease Option; Lease Purchase; Seller Financing Offering Type: Sale Only Other Structures: Shed(s) Pricing Type: Sale Price Project Facilities: TV Cable Sale Type: As Is Site Description: Aerials Available; Sloping Utilities: Electricity – Connected; Fuel – Electric; Fuel – Natural Gas; Public Sewer – Connected; Water Connected; TV Cable Waterfront Type: Lakefront Waterview: Lake

Listing Office: ERA Neubauer Real Estate, Inc

Last Updated: June – 30 – 2026

Information deemed reliable but not guaranteed.