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$99,900
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Property Description
Wake up to peaceful waterfront views on Lake Martin with this rare 0.67-acre lakefront homesite in Panama City, FL. Offering direct water access, this property is ideal for building your custom home while enjoying kayaking, fishing, and quiet mornings right from your backyard. Set within an established residential area with surrounding homes already in place, this lot provides both a clear vision for future development and a sense of community, while still offering privacy and space to create your own waterfront retreat. The property features a functional layout with plenty of room for a custom home, outdoor living areas, and more. Conveniently located just minutes from Tyndall Air Force Base, shopping, dining, schools, and the waters of St. Andrew Bay, this location combines quiet lakefront living with everyday convenience. With no HOA, you will enjoy fewer restrictions and more flexibility to build. Whether you're searching for lakefront land, a waterfront homesite, or an investment opportunity in Bay County, this property offers both lifestyle appeal and long-term value. Don't miss your chance to own waterfront property on Lake Martin. Schedule your showing today.
Full Property Details
Full Property Details for 4813 S Lakewood Dr
General
- Price: $99,900
- Taxes: $847 (2025)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 787077
- Updated: 3/20/2026
- Added to Site: 31 day(s) ago
Location
- County: Bay
- Subdivision: Lakewood
- Driving Directions: E Highway 98, Turn left onto E 3rd St, Turn right onto N Highway 22A, Continue on S Highway 22 A, Turn right onto S Lakewood Dr. Lot will be down on your right.
School Information
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Sewer Available
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.67
- Lot Size (Sq. Ft.): 29,185
- Lot Size: .67
- Lot Dimensions: 130'+- x 298'+- x 74.7'+- x 285'+-
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake
- Water Front View: Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $847
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKEWOOD MAP 119A2 LOT 14 BLK 12 ORB 1505 P 977
- Property ID: 25078-010-000
Listed by Think Real Estate
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Schools
Schools serving 4813 S Lakewood Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 0.4 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4813 S Lakewood Dr
Date
Details
Price
Change
Source
3/20/2026
Listed
$99,900
—
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 4813 S Lakewood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$822
—
$60,520
3%
2024
$822
6%
$58,810
3%
2023
$778
61%
$57,100
24%
2021
$483
-3%
$45,928
-6%
2022
$496
3%
$48,778
8%
2021
$483
2%
$45,130
1%
2019
$473
-2%
$44,560
—
2018
$481
-2%
$44,560
—
2017
$491
-3%
$44,560
—
2016
$505
-4%
$44,460
—
2015
$524
—
$44,460
—
2014
$524
11%
$44,460
—
2013
$471
—
$44,460
—
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 4813 S Lakewood Dr
4813 S Lakewood Drive, Panama City, FL 32404 (MLS# 787077) is a Land Residential property with a lot size of 0.67 acres. 4813 S Lakewood Drive is currently listed for $99,900 and was received on March 20, 2026. Want to learn more about 4813 S Lakewood Drive? Do you have questions about finding other Land Residential 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.

