5012 Lake Drive
Panama City, FL 32404
MLS# 793759
3 beds | 3 baths | 1500 sqft
Property DescriptionThis beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior.
Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest.
Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and with ½ mile to Hwy 98.
Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.
Acreage: 0.24
Design: Craftsman Style
Lot Size (SqFt): 10454
Apx SqFt(Htd/Cooled): 1500
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 100.0 ft x 107.0 ft
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Total Baths: 3
Year Built: 1940
List Price/SqFt: 180
Status: Active
List Date: 2026-08-05
List Price: $270,000
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From HWY 98, Turn West onto Lake Dr. Home is on South/Left Side.
Area: 02 - Bay County - Central
Street #: 5012
Street Name: Lake
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: W H Parker
Parcel ID: 25227-000-000
Legal Description: W H PARKER PLAT (2.60) BEG 205' E OF NW COR LOT 24 TH S 132' E 125' N 132' W 125' TO POB LESS 25' ON N & E SIDE FOR RW ORB 2851 P 1256
HOA Fee: No
New Buyer Fee: No
Last Taxes: 1028.96
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior.
Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest.
Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and with ½ mile to Hwy 98.
Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.
Ice Maker: 1
Oven - Electric: 1
Range - Electric: 1
Range Hood: 1
Refrigerator: 1
Water Heater - Electric: 1
Water Heater - Tankless: 1
Floor - Laminate: 1
Kitchen Island: 1
Foundation - Off Grade: 1
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Metal: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Appliances: Dishwasher; Disposal; Ice Maker; Oven - Electric; Range - Electric; Range Hood; Refrigerator; Water Heater - Electric; Water Heater - Tankless
Financing: Cash; Conventional; FHA; VA
Parking Features: Driveway
Rooms: Bedroom; Dining Room; Kitchen; Living Room
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width |
| Living Room | First | 11.5 x 12 | 11.50 | 12.00 |
| Dining Room | First | 11 x 16 | 11.00 | 16.00 |
| Kitchen | First | 11.5 x 15.5 | 11.50 | 15.50 |
| Bedroom | First | 11.5 x 12 | 11.50 | 12.00 |
| Bedroom | First | 10 x 11 | 10.00 | 11.00 |
| Bedroom | First | 12.5 x 13.5 | 12.50 | 13.50 |
Listing Office: Keller Williams Success Realty
Last Updated: August - 07 - 2026
Information deemed reliable but not guaranteed.