5136 Lake Drive, Panama City, FL 32404

$327,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,664 Lot Size (sq. ft.): 42,210 Status: Active
Current Price: $327,000 List Date: 5/22/2026 Last Modified: 6/02/2026

Overview

Description

NEARLY 1 ACRE, WITH NO HOA! Beautifully renovated in a neighborhood near Tyndall Air Force Base. Offering the perfect combination of modern upgrades, spacious living, and expansive outdoor space, this move-in-ready property is a rare find. Inside, you'll discover a bright open-concept floor plan with luxury flooring throughout, abundant natural light, and stylish finishes designed for both comfort and entertaining. The fully updated kitchen features granite countertops, custom cabinetry, and seamless flow into the living and dining areas, creating an inviting space for gatherings and everyday living. Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes, while the home's thoughtful renovations provide a fresh, modern feel throughout. A new roof installed in 2019 adds additional peace of mind. One of the standout features of this property is the expansive 0.96-acre lot, offering endless possibilities for outdoor living, recreation, gardening, RV

Listing Details MLS# 790272

Contract Info

List Price/SqFt
196.51

Location

Area
02 – Bay County – Central
Street #
5136
Street Name
Lake
Street Suffix
Drive
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Wh Parker
Community/Resort
None
Waterfront
No
Parcel ID
25214-000-000
Elementary School
Parker
Middle School
Rutherford Middle
High School
Rutherford
Directions
From Tyndall Pkwy, Right on lake Dr. House on left
Legal Description
W H PARKER PLAT-(2.45)-119A4- BEG NE COR LOT 22 TH S 254.69' W 165.05' N 257.35' E 165' TO POB ORB 4435 P 1519

General Property Info

Sub-Type
Detached Single Family
Design
Contemporary
Apx SqFt(Htd/Cooled)
1664
SqFt Source
Owner Measured
Full Baths
2
Total Baths
2
Year Built
1958
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Covered Spaces
2
Driveway Spaces
4
Lot Dimensions
165 X 256
Acreage
0.97
Lot Size (SqFt)
42210
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
2120
Last Tax Year
2025
Brokerage Interest
No Interest
Section
13
Range
14w

Remarks & Misc

Remarks
NEARLY 1 ACRE, WITH NO HOA! Beautifully renovated in a neighborhood near Tyndall Air Force Base. Offering the perfect combination of modern upgrades, spacious living, and expansive outdoor space, this move-in-ready property is a rare find. Inside, you'll discover a bright open-concept floor plan with luxury flooring throughout, abundant natural light, and stylish finishes designed for both comfort and entertaining. The fully updated kitchen features granite countertops, custom cabinetry, and seamless flow into the living and dining areas, creating an inviting space for gatherings and everyday living. Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes, while the home's thoughtful renovations provide a fresh, modern feel throughout. A new roof installed in 2019 adds additional peace of mind. One of the standout features of this property is the expansive 0.96-acre lot, offering endless possibilities for outdoor living, recreation, gardening, RV or boat parking, or future additions such as a pool, workshop, or detached garage. The circular driveway provides excellent curb appeal along with ample parking for guests and multiple vehicles.

Dining Room

First
Yes

More Information

Appliances

Cooktop – Gas
Yes

Construction/Siding

Block
Yes

Exterior

Fenced Lot-Part
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Carport Attached
Yes
Driveway
Yes
Oversized
Yes
Paved
Yes

Mstr Bath / Mstr Bdrm

MBath Shower Only
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

Electricity – Connected
Yes
Natural Gas – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Sale Type

As Is
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Property Features

Appliances: Cooktop – Gas Master Bedroom: First Bedroom: First Cooling: Central Air Heating: Central Exterior: Fenced Lot-Part Financing: Cash; Conventional; FHA Furnished: Unfurnished Kitchen: First Living Room: First Lot Access: City Street; Paved Road Dining Room: First Parking Features: Carport Attached; Driveway; Oversized; Paved Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width
Living Room First 22 x 12 22.00 12.00
Kitchen First 25 x 11 25.00 11.00
Master Bedroom First 22 x 12 22.00 12.00
Bedroom First 15 x 11 15.00 11.00
Bedroom First 11 x 9 11.00 9.00
Dining Room First 11 x 9 11.00 9.00
Listing Office: Hilltop Legacy Realty
Last Updated: June – 02 – 2026
Information deemed reliable but not guaranteed.