5012 Lake Drive, Panama City, FL 32404

New Listing
$270,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $270,000 List Date: 8/07/2026 Last Modified: 8/07/2026

Overview

Description

This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior. Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest. Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playgroun

Listing Details MLS# 793759

Contract Info

List Price/SqFt
180

Location

Area
02 – Bay County – Central
Street #
5012
Street Name
Lake
Street Suffix
Drive
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
W H Parker
Community/Resort
None
Waterfront
No
Parcel ID
25227-000-000
Elementary School
Parker
Middle School
Rutherford Middle
High School
Rutherford
Directions
From HWY 98, Turn West onto Lake Dr. Home is on South/Left Side.
Legal Description
W H PARKER PLAT (2.60) BEG 205' E OF NW COR LOT 24 TH S 132' E 125' N 132' W 125' TO POB LESS 25' ON N & E SIDE FOR RW ORB 2851 P 1256

General Property Info

Sub-Type
Detached Single Family
Design
Craftsman Style
Apx SqFt(Htd/Cooled)
1500
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
Accessory Dwelling Unit
No
Year Built
1940
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
100.0 ft x 107.0 ft
Acreage
0.24
Lot Size (SqFt)
10454
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
1028.96
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior. Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest. Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and with ½ mile to Hwy 98. Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.

Dining Room

First
Yes

More Information

Appliances

Dishwasher
Yes
Disposal
Yes
Ice Maker
Yes
Oven – Electric
Yes
Range – Electric
Yes
Range Hood
Yes
Refrigerator
Yes
Water Heater – Electric
Yes
Water Heater – Tankless
Yes

Interior Features

Floor – Laminate
Yes
Kitchen Island
Yes
Lighting – Recessed
Yes

Construction/Siding

Foundation – Off Grade
Yes
Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Metal
Yes
Siding – Hardie Board
Yes

Exterior

Porch Open
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Corner Lot
Yes

Lot Access

City Street
Yes

Parking Features

Driveway
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Sale Type

As Is
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Primary Bdrm/Primary Bath

MBath Shower Only
Yes

Property Features

Appliances: Dishwasher; Disposal; Ice Maker; Oven – Electric; Range – Electric; Range Hood; Refrigerator; Water Heater – Electric; Water Heater – Tankless Bedroom: First Cooling: Central Air Heating: Central Exterior: Porch Open Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Corner Lot Lot Access: City Street Dining Room: First Parking Features: Driveway Rooms: Bedroom; Dining Room; Kitchen; Living Room Sale Type: As Is Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Living Room First 11.5 x 12 11.50 12.00
Dining Room First 11 x 16 11.00 16.00
Kitchen First 11.5 x 15.5 11.50 15.50
Bedroom First 11.5 x 12 11.50 12.00
Bedroom First 10 x 11 10.00 11.00
Bedroom First 12.5 x 13.5 12.50 13.50
Listing Office: Keller Williams Success Realty
Last Updated: August – 07 – 2026
Information deemed reliable but not guaranteed.