5108 Deep Bayou Drive, Panama City, FL 32404 (MLS# 792455)

List Price/SqFt: 215.36

Status: Active

List Date: 2026-07-09

List Price: $575,000

Current Price: $575,000

Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek

Community/Resort: None

Waterfront: No

Elementary School: Deer Point

Middle School: Mowat

High School: Mosley

Directions: From the intersection of Martin Luther King Blvd and 231 travel North on 231 for 5.2 miles. Turn left on HWY 2321. Travel 1.2 miles. Turn right on Highpoint Road for 2.7 miles. Continue straight on Mittie Avenue for .2 miles. Turn right on Halsey Circle for .3 miles. Turn right on Deep Bayou Drive. Home is approximately 150 feet on your right.

Area: 04 - Bay County - North

Street #: 5108

Street Name: Deep Bayou

Street Suffix: Drive

State: FL

Zip Code: 32404

County: Bay

Subdivision: Spikes Addto Highpoint

Parcel ID: 05448-020-000

Legal Description: SPIKES ADD TO HIGHPOINT #2 LOT 6 ORB 4760 P 2316

Acreage: 0.82

Design: Ranch

Lot Size (SqFt): 35719

Apx SqFt(Htd/Cooled): 2670

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 1

Pre-Const Flip: No

Lot Dimensions: 170.0 ft x 210.0 ft

New Construction: No

Garage Y/N: Yes

Garage Spaces: 3

Driveway Spaces: 4

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 1989

Homestead: Yes

HOA Fee: No

Senior Community: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 6591.69

Last Tax Year: 2025

Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.

As Is: Yes

Section: 20

Township: 25

Range: 13W

Remarks: Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully renovated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake. Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality. At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties. The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation. Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages, the detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite. Significant improvements completed in 2022 provide lasting peace of mind and modern efficiency, including: * Culligan water softener and sulfur removal system * New pressure tank * New well pump, seal, piping, and electrical with Schedule 80 conduit * New Siemens interior electrical panel * New exterior electrical panel * Upgraded electrical panel in the detached garage * New HVAC system with Ecobee smart thermostat and upgraded return In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets.The landscaping was updated spring of 2026. Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

First: 1

First: 1

First: 1

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First: 1

First: 1

First: 1

Dishwasher: 1

Disposal: 1

Ice Maker: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Water Purifier - Owned: 1

Ceiling - Vaulted: 1

Floor - Laminate: 1

Skylight(s): 1

Split Bedroom: 1

Brick: 1

Foundation - Slab on Grade: 1

Roof - Dimensional Shg: 1

Roof - Gutters: 1

Trim - Vinyl: 1

Double Pane Windows: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Fire Pit: 1

Patio Covered: 1

Porch Covered: 1

Sprinkler System: 1

Second Garage: 1

Workshop: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Bonus Room: 1

First: 1

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Corner Lot: 1

Cul-De-Sac: 1

Deeded Access Water: 1

Interior Lot: 1

Landscaped: 1

Near Public Boat Ramp: 1

Subdivision - Recorded: 1

Within 1/2 Mile to Water: 1

Additional Parking: 1

Driveway: 1

Garage Attached: 1

Garage Detached: 1

Garage Door Opener: 1

Resid Single Family: 1

Bedroom: 1

Breakfast Room: 1

Deck/Patio: 1

Dining Room: 1

Florida Room: 1

Garage: 1

Kitchen: 1

Laundry: 1

Living Room: 1

Primary Bathroom: 1

Primary Bedroom: 1

Office: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Phone - Available: 1

Private Well: 1

Septic Tank: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Humidity Control: 1

Central: 1

Electric: 1

ENERGY STAR Qualified Equipment: 1

Fireplace - Electric: 1

Forced Air: 1

Humidity Control: 1

MBath Double Vanity: 1

MBath Separate Shwr: 1

MBath Tub - Jetted: 1

MBath Walk-In Closet: 1

First: 1

Secured Garage/Parking: 1

Security Lights: 1

Smoke Detector(s): 1