5136 Lake Drive, Panama City, FL 32404 (MLS# 793113)

5136 Lake Drive, Panama City, FL 32404

New Listing

$309,000

Master Bedroom with space for a king bed and a seating area

Just short of an acre close to all amenities.

Build the largest pool you want with close to an acre of land. This rendering shows you how beautiful it can be.

Back yard room for a pool or a large workshop

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,664 Lot Size (sq. ft.): 41,818 Status: Active

Current Price: $309,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

Description

Completely renovated 3-bedroom, 2-bathroom home on nearly an acre in Panama City, FL! This 1,664 sq ft contemporary single-family home at 5136 Lake Dr has been fully updated with a brand-new kitchen, remodeled bathrooms, and new flooring throughout — move-in ready from day one. Enjoy the rare combination of a spacious, almost one-acre lot with the convenience of city living, plus a covered carport for easy parking. The generous lot offers plenty of room to add a pool, outdoor living space, or even a workshop, giving you the flexibility to make this property your own. Vacant and available for immediate occupancy, this property is also approved for short-term rental use, making it a fantastic opportunity for homeowners and investors alike. Don’t miss this rare find — schedule your private showing today!

Listing Details MLS# 793113

Contract Info

List Price/SqFt: 185.7

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: Parker Plat
Community/Resort: None
Waterfront: No
Parcel ID: 25214-000-000
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From Tyndall Parkway, Right on Lake d. 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 4810 P 619

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
Accessory Dwelling Unit: No
Year Built: 1958
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Covered Spaces: 2
Driveway Spaces: 6
Lot Dimensions: 165.0 ft x 256.0 ft
Acreage: 0.97
Lot Size (SqFt): 41818
Pool: No

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2119.96
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Completely renovated 3-bedroom, 2-bathroom home on nearly an acre in Panama City, FL! This 1,664 sq ft contemporary single-family home at 5136 Lake Dr has been fully updated with a brand-new kitchen, remodeled bathrooms, and new flooring throughout — move-in ready from day one. Enjoy the rare combination of a spacious, almost one-acre lot with the convenience of city living, plus a covered carport for easy parking. The generous lot offers plenty of room to add a pool, outdoor living space, or even a workshop, giving you the flexibility to make this property your own. Vacant and available for immediate occupancy, this property is also approved for short-term rental use, making it a fantastic opportunity for homeowners and investors alike. Don't miss this rare find — schedule your private showing today!

Dining Room

First: Yes

More Information

Appliances

Dishwasher: Yes
Ice Maker: Yes
Oven – Gas: Yes
Range – Gas: Yes
Refrigerator: Yes

Interior Features

Floor – Vinyl Plank: Yes
Lighting – Recessed: Yes

Construction/Siding

Block: Yes
Roof – Composite Shngl: Yes
Siding – Vinyl: Yes

Exterior

Fenced Lot-Part: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Landscaped: Yes

Lot Access

City Street: Yes

Parking Features

Additional Parking: Yes
Carport Attached: Yes
Circular Driveway: Yes
Oversized: Yes
Paved: Yes
RV Access/Parking: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

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

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Heating

Electric: Yes

Primary Bdrm/Primary Bath

MBath Separate Shwr: Yes

Property Features

Appliances: Dishwasher; Ice Maker; Oven – Gas; Range – Gas; Refrigerator Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Electric Exterior: Fenced Lot-Part Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Landscaped Lot Access: City Street Dining Room: First Parking Features: Additional Parking; Carport Attached; Circular Driveway; Oversized; Paved; RV Access/Parking Rooms: Bedroom; Dining Room; Kitchen; Living Room; Primary Bedroom Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	22 x 12	22.00	12.00	Open floor plan
Kitchen	First	25 x 11	25.00	11.00	All appliances and cabinets are brand new
Primary Bedroom	First	22 x 12	22.00	12.00	Large enough for a king Bed and a sitting area
Bedroom	First	15 x 11	15.00	11.00	Has its own entrance
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: July – 24 – 2026

Information deemed reliable but not guaranteed.