5136 Lake Drive
Panama City, FL 32404
MLS# 790272
3 beds | 2 baths | 1664 sqft
Property DescriptionNEARLY 1 ACRE, WITH NO HOA! Beautifully renovated in a neighborhood near Tyndall Air Force Base. Offering the perfect combination of modern upgrades, spacious living, and expansive outdoor space, this move-in-ready property is a rare find.
Inside, you'll discover a bright open-concept floor plan with luxury flooring throughout, abundant natural light, and stylish finishes designed for both comfort and entertaining. The fully updated kitchen features granite countertops, custom cabinetry, and seamless flow into the living and dining areas, creating an inviting space for gatherings and everyday living.
Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes, while the home's thoughtful renovations provide a fresh, modern feel throughout. A new roof installed in 2019 adds additional peace of mind.
One of the standout features of this property is the expansive 0.96-acre lot, offering endless possibilities for outdoor living, recreation, gardening, RV or boat parking, or future additions such as a pool, workshop, or detached garage. The circular driveway provides excellent curb appeal along with ample parking for guests and multiple vehicles.
List Price/SqFt: 202.52
Status: Active
List Date: 2026-05-21
List Price: $337,000
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From Tyndall Pkwy, Right on lake Dr. House on left
Area: 02 - Bay County - Central
Street #: 5136
Street Name: Lake
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: Wh Parker
Parcel ID: 25214-000-000
Legal Description: W H PARKER PLAT-(2.45)-119A4- BEG NE COR LOT 22 TH S 254.69' W 165.05' N 257.35' E 165' TO POB ORB 4435 P 1519
Acreage: 0.97
Design: Contemporary
Lot Size (SqFt): 42210
Apx SqFt(Htd/Cooled): 1664
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Owner Measured
Lot Dimensions: 165 X 256
New Construction: No
Garage Y/N: No
Covered Spaces: 2
Driveway Spaces: 4
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1958
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2120
Last Tax Year: 2025
Brokerage Interest: No Interest
Section: 13
Remarks: NEARLY 1 ACRE, WITH NO HOA! Beautifully renovated in a neighborhood near Tyndall Air Force Base. Offering the perfect combination of modern upgrades, spacious living, and expansive outdoor space, this move-in-ready property is a rare find.
Inside, you'll discover a bright open-concept floor plan with luxury flooring throughout, abundant natural light, and stylish finishes designed for both comfort and entertaining. The fully updated kitchen features granite countertops, custom cabinetry, and seamless flow into the living and dining areas, creating an inviting space for gatherings and everyday living.
Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes, while the home's thoughtful renovations provide a fresh, modern feel throughout. A new roof installed in 2019 adds additional peace of mind.
One of the standout features of this property is the expansive 0.96-acre lot, offering endless possibilities for outdoor living, recreation, gardening, RV or boat parking, or future additions such as a pool, workshop, or detached garage. The circular driveway provides excellent curb appeal along with ample parking for guests and multiple vehicles.
City Street: 1
Paved Road: 1
Carport Attached: 1
Driveway: 1
Electricity - Connected: 1
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Appliances: Cooktop - Gas
Exterior: Fenced Lot-Part
Financing: Cash; Conventional; FHA
Lot Access: City Street; Paved Road
Parking Features: Carport Attached; Driveway; Oversized; Paved
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Utilities: Electricity - Connected; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 22 x 12 | 22.00 | 12.00 | 22 x 12 |
| Kitchen | First | 25 x 11 | 25.00 | 11.00 | 25 x 11 |
| Master Bedroom | First | 22 x 12 | 22.00 | 12.00 | 22 x 12 |
| Bedroom | First | 15 x 11 | 15.00 | 11.00 | 15 x 11 |
| Bedroom | First | 11 x 9 | 11.00 | 9.00 | 11 x 9 |
| Dining Room | First | 11 x 9 | 11.00 | 9.00 | 11 x 9 |
Listing Office: Hilltop Legacy Realty
Last Updated: May - 22 - 2026
Information deemed reliable but not guaranteed.