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$155,000 Just Listed
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Property Description
Spacious 3-bedroom, 3-bath block home offering over 1,800 square feet of living space, built in 1974 and situated on a generous 0.40-acre lot in the desirable Highpoint area. Located less than one mile from the Deerpoint Lake boat landing, this property offers easy access to boating, fishing, and outdoor recreation. The home features a large family room with plenty of space for gatherings and everyday living. While the property is in need of renovations and updates, it appears fully functional as-is, making it an excellent opportunity for investors or buyers looking to customize and add value. With solid block construction, a spacious layout, and a prime location near the lake, this home has tremendous potential. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*
Full Property Details
Full Property Details for 4518 Tropical Dr
General
- Price: $155,000
- Taxes: $1,639 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785043
- Updated: 3/2/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered, Porch
Location
- County: Bay
- Subdivision: Deerpoint Estates
- Driving Directions: From College Station Road, turn left onto Nehi Road. Turn right onto US-231 N. Then turn left onto CR-2321. In about a mile and a half, turn right onto High Point Road. In two miles, turn left onto Tropical Drive. The destination will be on the left.
School Information
- Elementary School: Deer Point
- Middle School: Merritt Brown
- High School: Mosley
Community
- Community Name: 04 - Bay County - North
Heating & Cooling
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Ranch
- Construction: Block
- Roof: Composition, Shingle
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Size: .4
- Lot Dimensions: 97 x 190
- Lot Features: Paved
- Zoning: County, Resid Single Family
Financial Considerations
- Tax Amount: $1,639
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DEERPOINT ESTS 127B LOT 22 BLK 1
- Property ID: 05487-106-000
Listed by Overstreet Realty
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Schools
Schools serving 4518 Tropical Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deer Point Elementary School 4800 Highway 2321, Panama City, FL 32404 | K-5 | 1.9 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 3.3 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4518 Tropical Dr
Date
Details
Price
Change
Source
2/10/2026
Listed
$155,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4518 Tropical Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,599
14%
$139,063
26%
2024
$1,408
674%
$110,746
75%
2023
$182
-46%
$63,178
6%
2021
$334
93%
$59,551
-3%
2022
$173
-48%
$61,338
4%
2021
$334
3%
$58,729
2%
2019
$324
-48%
$57,409
-36%
2018
$618
14%
$89,877
15%
2017
$540
1%
$78,090
2%
2016
$533
-3%
$76,483
1%
2015
$548
2%
$75,951
1%
2014
$539
10%
$75,348
2%
2013
$488
—
$74,234
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4518 Tropical Dr
4518 Tropical Drive, Panama City, FL 32404 (MLS# 785043) is a Single Family property with 3 bedrooms and 3 full bathrooms. 4518 Tropical Drive is currently listed for $155,000 and was received on March 02, 2026. Want to learn more about 4518 Tropical Drive? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

