4820 N Lakewood Drive
Panama City, FL 32404
MLS# 783389
5010 sqft
Property DescriptionCheck out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot.
The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance!
The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside and another large storage space you can access from the exterior, and there is added storage with a storage building outside as well.
The roof was replaced in December 2018 and additional interior work has been completed since.
All information should be verified by buyer or buyer's agent if important. Thank you for considering this unique property, call today for your private showing!
List Price/SqFt: 129.74
List Date: 2026-01-08
List Price: $650,000
Current Price: $650,000
Sub Area: 0202 - Bay - Central SE
Lot: 10
Block: B
Community/Resort: None
Waterfront: Yes
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Section: 13
Directions: From S Tyndall Parkway, West on Cherry Street to 22-A (Bob Little Road), then left (South) on 22-A to N Lakewood Drive, right (West) on N Lakewood, property is on the left (South Side of N. Lakewood Drive) - large parking lot
Area: 02 - Bay County - Central
Street #: 4820
Street Direction: N
Street Name: Lakewood
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: William L. Wilson Plat
Parcel ID: 24959-000-000
Legal Description: 13 4S 14W -66- 119A2 LOT 10 BLK B WM L WILSON PLAT IN N1/2 ORB 4129 P 1991
List Class: Other
Site Dimensions: 200 x 390
Acreage: 1.79
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt HVAC: 4330
# of Stories in Building: 2
Frontage Ft: 200
SqFt Tot Bldg: 5010
Lot Depth: 390
Remarks: Check out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot.
The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance!
The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside and another large storage space you can access from the exterior, and there is added storage with a storage building outside as well.
The roof was replaced in December 2018 and additional interior work has been completed since.
All information should be verified by buyer or buyer's agent if important. Thank you for considering this unique property, call today for your private showing!
Floor - W/W Carpet: 1
Roof - Asphalt: 1
Roof - Sloping: 1
Siding - Stucco: 1
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat - Central Electric: 1
Water Heater - Electric: 1
Lease Option: 1
Lease Purchase: 1
Game Room: 1
Picnic Area: 1
TV Cable: 1
Electricity - Connected: 1
Fuel - Electric: 1
Fuel - Natural Gas: 1
Public Sewer - Connected: 1
Water Connected: 1
Accessible Entrance: 1
Accessible Full Bath: 1
Freestanding Building: 1
Furnished - Some: 1
Handicapped Access: 1
Kitchen Area: 1
AC - Central: 1
Heat - Central Electric: 1
Aerials Available: 1
Sloping: 1
Accessibility Features: Accessible Entrance; Accessible Full Bath
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat - Central Electric; Water Heater - Electric; Water Heater - Two+
Financing: Cash; Conventional; Lease Option; Lease Purchase; Seller Financing
Other Structures: Shed(s)
Project Facilities: TV Cable
Site Description: Aerials Available; Sloping
Utilities: Electricity - Connected; Fuel - Electric; Fuel - Natural Gas; Public Sewer - Connected; Water Connected; TV Cable
Waterfront Type: Lakefront
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: June - 30 - 2026
Information deemed reliable but not guaranteed.