4508 Brook Forest Drive
Panama City, FL 32404
MLS# 791212
3 beds | 2 baths | 1974 sqft
Property DescriptionOwn an affordable waterfront-access property in a sought-after neighborhood on Mill Bayou. This 3-bedroom, 2-bath home is ready for its next owner. The spacious open living area features a wood-burning fireplace with a floor-to-ceiling stone surround and wood-accented ceilings that extend to the second floor. Tile and carpet flooring run throughout the first floor, and wood stairs lead upstairs to an oversized loft bedroom overlooking the living room and primary suite. The first-floor bonus room could serve as a fourth bedroom, office, family room, or be combined to create a second primary suite. Brand-new carpet has been installed in all bedrooms and the first-floor bonus room. For added peace of mind, a whole-house Generac generator was installed in February 2021; the gas tank services the generator only. Parking is easy with a 2-car garage, pull-through driveway, and an additional storage building behind the garage. Recent updates include the roof (2021), water heater (2023), HVAC (2021), windows (2013), artesian well pump (2022), septic drain field (11/2005), Bosch dishwasher (2022), and stove and refrigerator (2021). The property once had a dock, which could potentially be restored for use with a small Jon boat, kayak, canoe, or jet ski, with direct backyard access to the water. With plenty of potential for cosmetic updates, this home could become the waterfront retreat you've been dreaming of. Schedule your showing today to see all it has to offer. While all information is believed to be accurate, buyers should verify any details of importance.
List Price/SqFt: 151.93
Status: Active
List Date: 2026-06-11
List Price: $299,900
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City, take 231 North and turn left onto Transmitter Rd. Turn right on E 43rd St. Road will curve to left and become Brook Forest Dr. Home will be on the right side of the road.
Don't take Hwy 390 - There is road construction that has the turn off to Brook Forest temporarily blocked off.
Area: 02 - Bay County - Central
Street #: 4508
Street Name: Brook Forest
Street Suffix: Drive
County: Bay
Subdivision: Brook Forest U-1
Parcel ID: 11514-031-000
Legal Description: BROOK FOREST UNIT 1 LOT 16 ORB 4741 P 474
Acreage: 0.28
Design: Traditional
Lot Size (SqFt): 11761
Apx SqFt(Htd/Cooled): 1974
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 106.0 ft x 115.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1984
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3040.17
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks: Own an affordable waterfront-access property in a sought-after neighborhood on Mill Bayou. This 3-bedroom, 2-bath home is ready for its next owner. The spacious open living area features a wood-burning fireplace with a floor-to-ceiling stone surround and wood-accented ceilings that extend to the second floor. Tile and carpet flooring run throughout the first floor, and wood stairs lead upstairs to an oversized loft bedroom overlooking the living room and primary suite. The first-floor bonus room could serve as a fourth bedroom, office, family room, or be combined to create a second primary suite. Brand-new carpet has been installed in all bedrooms and the first-floor bonus room. For added peace of mind, a whole-house Generac generator was installed in February 2021; the gas tank services the generator only. Parking is easy with a 2-car garage, pull-through driveway, and an additional storage building behind the garage. Recent updates include the roof (2021), water heater (2023), HVAC (2021), windows (2013), artesian well pump (2022), septic drain field (11/2005), Bosch dishwasher (2022), and stove and refrigerator (2021). The property once had a dock, which could potentially be restored for use with a small Jon boat, kayak, canoe, or jet ski, with direct backyard access to the water. With plenty of potential for cosmetic updates, this home could become the waterfront retreat you've been dreaming of. Schedule your showing today to see all it has to offer. While all information is believed to be accurate, buyers should verify any details of importance.
Range - Electric: 1
Range Hood: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Ceiling - Beamed: 1
Ceiling - Vaulted: 1
Floor - Tile: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
County Road: 1
Paved Road: 1
Circular Driveway: 1
Garage Detached: 1
Full Bathroom: 1
Kitchen: 1
Primary Bathroom: 1
Primary Bedroom: 1
Electricity - Connected: 1
Private Well: 1
Ceiling Fan(s): 1
Central Air: 1
Appliances: Dishwasher; Dryer; Range - Electric; Range Hood; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Financing: Cash; Conventional
Lot Features: Survey Available; Within 1/2 Mile to Water
Lot Access: County Road; Paved Road
Parking Features: Circular Driveway; Garage Detached; Paved
Other Structures: Garage(s); Shed(s)
Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Laundry; Living Room; Primary Bathroom; Primary Bedroom; Office
Utilities: Electricity - Connected; Private Well; Septic Tank
Waterfront Type: Bayou w/ Gulf Access
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 12 x 10.25 | 12.00 | 10.25 | 12 x 10.25 |
| Office | First | 12 x 11.42 | 12.00 | 11.42 | 12 x 11.42 |
| Bedroom | Second | 17.25 x 15.5 | 17.25 | 15.50 | 17.25 x 15.5 |
| Kitchen | First | 12.5 x 10.6 | 12.50 | 10.60 | 12.5 x 10.6 |
| Living Room | First | 22.25 x 14 | 22.25 | 14.00 | 22.25 x 14 |
| Dining Room | First | 15.33 x 9 | 15.33 | 9.00 | 15.33 x 9 |
| Master Bedroom | Second | 15.5 x 13.1 | 15.50 | 13.10 | 15.5 x 13.1 |
| Master Bathroom | Second | 15.5 x 13.25 | 15.50 | 13.25 | 15.5 x 13.25 |
| Full Bathroom | First | 7.5 x 5 | 7.50 | 5.00 | 7.5 x 5 |
| Laundry | First | 11.75 x 5 | 11.75 | 5.00 | 11.75 x 5 |
Listing Office: Lifes A Beach Real Estate, LLC
Last Updated: June - 12 - 2026
Information deemed reliable but not guaranteed.