5121 Stratford Avenue
Panama City, FL 32404
MLS# 796333
2 beds | 4 baths | 1509 sqft
Property DescriptionA boater's dream with limitless potential! Situated on a sprawling lot in an established neighborhood with NO HOA, this classic 1959 waterfront property boasts true deepwater access with a private dock capable of accommodating a large vessel. Offered in true ''As-Is'' condition, this home needs work but delivers good bones, character, and a coastal lifestyle.
Step inside to a layout designed around water views and entertaining. The dining room serves as a focal point with tile flooring, a custom accent ceiling, and panoramic waterfront views that flood the space with natural light. Adjacent sits a versatile, oversized service bar that seamlessly connects the dining area to the living room, where you'll find classic hardwood floors and a cozy gas fireplace with a brick surround. The generous kitchen comes fully equipped with newer GE stainless steel appliances, an island with a cooktop, a pantry, an abundance of cabinetry, and charming green tile countertops.
The home features 3.5 bathrooms, including a convenient exterior-access bathroom ideal for rinsing off after a day out on the water or on the boat. The primary suite includes a walk-in closet and a beautifully renovated en-suite bathroom complete with an updated vanity, a tiled shower with seating, a free-standing soaking tub, and a stunning stained-glass window. Outside, the large lot features a detached garage/workshop equipped with power--perfect for boat maintenance, DIY projects, or extra storage. Bring your boat, bring your vision, and secure rare deepwater property today!
Acreage: 0.48
Design: Traditional
Lot Size (SqFt): 20909
Apx SqFt(Htd/Cooled): 1509
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 1
Accessory Dwelling Unit: No
Lot Dimensions: 90.0 ft x 233.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Detached Single Family
Total Baths: 4
Year Built: 1959
List Price/SqFt: 334.66
Status: Active
List Date: 2026-10-06
List Price: $505,000
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Tyndall Academy
Middle School: Tyndall Academy
High School: Rutherford
Directions: From the intersection of Tyndall Parkway and Boat Race Road, head west on Boat Race Road then left onto Ethlyn Rd then in .2 miles turn right onto Stratford Ave. The house will be just ahead on your right.
Area: 02 - Bay County - Central
Street #: 5121
Street Name: Stratford
Street Suffix: Avenue
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 25988-000-000
Legal Description: GILBERT-PARKER ADD LOT 9 BLK 4 ORB 1870 P 1110 MAP 119D1
HOA Fee: No
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: A boater's dream with limitless potential! Situated on a sprawling lot in an established neighborhood with NO HOA, this classic 1959 waterfront property boasts true deepwater access with a private dock capable of accommodating a large vessel. Offered in true ''As-Is'' condition, this home needs work but delivers good bones, character, and a coastal lifestyle.
Step inside to a layout designed around water views and entertaining. The dining room serves as a focal point with tile flooring, a custom accent ceiling, and panoramic waterfront views that flood the space with natural light. Adjacent sits a versatile, oversized service bar that seamlessly connects the dining area to the living room, where you'll find classic hardwood floors and a cozy gas fireplace with a brick surround. The generous kitchen comes fully equipped with newer GE stainless steel appliances, an island with a cooktop, a pantry, an abundance of cabinetry, and charming green tile countertops.
The home features 3.5 bathrooms, including a convenient exterior-access bathroom ideal for rinsing off after a day out on the water or on the boat. The primary suite includes a walk-in closet and a beautifully renovated en-suite bathroom complete with an updated vanity, a tiled shower with seating, a free-standing soaking tub, and a stunning stained-glass window. Outside, the large lot features a detached garage/workshop equipped with power--perfect for boat maintenance, DIY projects, or extra storage. Bring your boat, bring your vision, and secure rare deepwater property today!
Cooktop - Electric: 1
Dishwasher: 1
Oven - Double: 1
Refrigerator: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Fireplace: 1
Floor - Hardwood: 1
Floor - Tile: 1
Kitchen Island: 1
Pantry: 1
Foundation - Slab on Grade: 1
Roof - Metal: 1
Deck Covered: 1
Fenced Back Yard: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
City Street: 1
Paved Road: 1
Carport Attached: 1
Driveway: 1
Dining Room: 1
Full Bathroom: 1
Half Bathroom: 1
Kitchen: 1
Living Room: 1
Primary Bathroom: 1
Primary Bedroom: 1
Other: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Fireplace - Gas: 1
Fireplace(s): 1
MBath Separate Shwr: 1
MBath Tub - Soaking: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Appliances: Cooktop - Electric; Dishwasher; Oven - Double; Refrigerator; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Window Unit(s)
Heating: Central; Electric; Fireplace - Gas; Fireplace(s)
Exterior: Deck Covered; Fenced Back Yard; Porch Covered
Lot Features: Waterfront; Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Parking Features: Carport Attached; Driveway; Garage Detached
Other Structures: Garage(s); Workshop
Rooms: Bedroom; Deck/Patio; Dining Room; Full Bathroom; Half Bathroom; Kitchen; Living Room; Primary Bathroom; Primary Bedroom; Other; Workshop
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bayou w/ Gulf Access
| Room Name | Dimensions | Length | Width | Remarks |
| Living Room | 15.8 x 19.4 | 15.80 | 19.40 | |
| Bedroom | 14 x 17.1 | 14.00 | 17.10 | |
| Full Bathroom | 3 x 6.7 | 3.00 | 6.70 | |
| Primary Bedroom | 10 x 11.2 | 10.00 | 11.20 | |
| Primary Bathroom | 8.3 x 10 | 8.30 | 10.00 | |
| Other | 4.6 x 7.4 | 4.60 | 7.40 | Primary Bedroom Closet |
| Dining Room | 8.8 x 15 | 8.80 | 15.00 | |
| Kitchen | 11 x 21.7 | 11.00 | 21.70 | with Breakfast Nook |
| Half Bathroom | 2.1 x 6.9 | 2.10 | 6.90 | |
| Deck/Patio | 27.4 x 12 | 27.40 | 12.00 | |
| Workshop | 24.4 x 28 | 24.40 | 28.00 | Garage/Workshop |
| Full Bathroom | 13 x 24.9 | 13.00 | 24.90 | Exterior Bathroom |
Listing Office: Keller Williams Success Realty
Last Updated: October - 06 - 2026
Information deemed reliable but not guaranteed.