5203 E 4th Street, Panama City, FL 32404 (MLS# 784479)

5203 E 4th Street, Panama City, FL 32404

$359,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,875 Lot Size (sq. ft.): 125,801 Status: Under Contract – Taking Backups

Current Price: $359,000 List Date: 2/01/2026 Last Modified: 6/19/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. 2.88-acre multi-residence property located in the heart of Panama City. Zoned for up to 8.99 townhomes or 4 duplexes per acre. Offering exceptional space, privacy, and versatility, this sprawling estate is ideal for multi-generational living, investment income, or a private retreat with room to grow. The main residence is a fully renovated cinderblock home featuring three bedrooms and 1.5 baths, plus a dedicated mother-in-law suite. The home has been thoughtfully updated from top to bottom with modern finishes, including: – New flooring and fresh paint throughout – A durable metal roof – An updated kitchen with new appliances – Completely remodeled bathrooms featuring new vanities, toilets, and a brand-new soaker tub. Bright, open, and built to last, this home is truly move-in ready! Adding potential value is a separate 2-bedroom, 1-bath mobile home. With some TLC this would be ideal for extended family, guests, or re … (Read more)

Listing Details MLS# 784479

Contract Info

List Price/SqFt: 191.47

Location

Area: 02 – Bay County – Central
Street #: 5203
Street Direction: E
Street Name: 4th
Street Suffix: Street
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: Callaway
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 24417-000-000
Elementary School: Parker
Middle School: Rutherford
High School: Rutherford
Directions: From Hwy 98, head east past the 231 Intersection. Just past Walmart, turn right on 7th St. Then left on Seneca, and right on 4th St. Property will be on the right.
Legal Description: 12 4S 14W ST A B DEV CO PLAT BEG 208.4' E OF NW COR LOT 46 TH E 430' S 320' W 422.6' N 309.77' TO POB -99.2-118D1 ORB 1181 P 73

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 1875
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Year Built: 1960
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Covered Spaces: Yes
Lot Dimensions: 284 x 443
Acreage: 2.89
Lot Size (SqFt): 125801
Pool: No

Status Change Info

Under Contract Date: 2026-06-19

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3033
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 12
Township: 4S
Range: 14W

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. 2.88-acre multi-residence property located in the heart of Panama City. Zoned for up to 8.99 townhomes or 4 duplexes per acre. Offering exceptional space, privacy, and versatility, this sprawling estate is ideal for multi-generational living, investment income, or a private retreat with room to grow. The main residence is a fully renovated cinderblock home featuring three bedrooms and 1.5 baths, plus a dedicated mother-in-law suite. The home has been thoughtfully updated from top to bottom with modern finishes, including: – New flooring and fresh paint throughout – A durable metal roof – An updated kitchen with new appliances – Completely remodeled bathrooms featuring new vanities, toilets, and a brand-new soaker tub. Bright, open, and built to last, this home is truly move-in ready! Adding potential value is a separate 2-bedroom, 1-bath mobile home. With some TLC this would be ideal for extended family, guests, or rental income. The property continues to impress outdoors with a detached 2-car garage for vehicles, storage, or a workshop, Large pole barn, perfect for boats, RVs, equipment, or hobbies and a serene pond nestled at the center of the property, surrounded by mature trees, creating a peaceful natural retreat. The Property features expansive open land with established driveways and multiple access points. Enjoy the privacy and space of country living while remaining just minutes from shopping, dining, schools, and all that Panama City has to offer. Properties with multiple dwellings, acreage, and this level of convenience are hard to find. Whether you're looking for a family compound, income-producing property, or a one-of-a-kind homestead, this property checks every box! Schedule your private showing today.

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Dryer: Yes
Oven – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Raised: Yes
Floor – Vinyl Plank: Yes
Guest Quarters: Yes
Lighting – Recessed: Yes

Construction/Siding

Block: Yes
Foundation – Slab on Grade: Yes
Roof – Metal: Yes
Siding – Stone: Yes

Exterior

Patio Covered: Yes
Porch Covered: Yes

Other Structures

Garage(s): Yes
Guest House: Yes
Pole Barn: Yes
RV/Boat Storage: Yes
Workshop: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Lot Features

Corner Lot: Yes

Lot Access

Paved Road: Yes
Private Road: Yes

Parking Features

Additional Parking: Yes
Boat: Yes
Garage Detached: Yes
RV Access/Parking: Yes
RV – Carport: Yes

Present Zoning

Resid Multi-Family: Yes
Resid Single Family: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Sewer Available: Yes
Public Water – Connected: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Waterfront Type

Other: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Mini-Split/Ductless: Yes

Heating

Central: Yes
Electric: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Dryer; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Full Bathroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Mini-Split/Ductless Heating: Central; Electric Exterior: Patio Covered; Porch Covered Financing: Cash; Conventional Furnished: Unfurnished Lot Features: Corner Lot Lot Access: Paved Road; Private Road Parking Features: Additional Parking; Boat; Garage Detached; RV Access/Parking; RV – Carport Other Structures: Garage(s); Guest House; Pole Barn; RV/Boat Storage; Workshop Rooms: Bedroom; Full Bathroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; Sewer Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Other Present Zoning: Resid Multi-Family; Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	First	12 x 14	12.00	14.00
Full Bathroom	First	8 x 10	8.00	10.00
Bedroom	First	11 x 12	11.00	12.00

Listing Office: Paradise Properties of NW Florida

Last Updated: June – 19 – 2026

Information deemed reliable but not guaranteed.