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$394,000 Just Listed
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Property Description
Introducing The Carol in the highly sought-after Titus Park community a beautifully designed two-story, detached residence offering the perfect balance of space, function, and style. This exceptional 5-bedroom, 3-bath home welcomes you with a versatile flex space just off the foyer, ideal for a formal dining room, private office, or creative retreat. As you move through the entryway, the thoughtfully designed kitchen is positioned to the right, offering seamless flow into the expansive family room and dining area. The open-concept layout creates an inviting atmosphere for entertaining, while easy access to the covered back porch extends your living space outdoors. A convenient downstairs bedroom (Bedroom 2) and adjacent full bath provide the perfect setup for guests or multi-generational living. Upstairs, a spacious bonus room offers endless possibilities, media room, playroom, or additional lounge space. Bedrooms 4 and 5, along with a full bath, are situated down the hall, providing comfort and privacy. The primary suite (Bedroom 1) is a true retreat, featuring a double vanity, generous walk-in closet, and a luxurious garden tub with a separate shower for a spa-like experience. Located in Titus Park in Panama City, Florida, this large-scale, multi-phase community is centrally positioned off Highway 390, just north of Highway 231. Residents enjoy convenient access to shopping, dining, and everyday amenities, while being only minutes from Tyndall Air Force Base, North Bay, and the beautiful beaches of St. Andrews. This home offers the space you need, the layout you want, and the location you'll love an outstanding opportunity in one of Panama City's most desirable communities.
Full Property Details
Full Property Details for 4942 Loblolly Way
General
- Price: $394,000
- Taxes: $3,977 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785573
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Cooktop, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Gazebo, Barbecue, Picnic Area
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener
Location
- County: Bay
- Subdivision: Titus Park
- Driving Directions: Traveling from Panama City, head north on Highway 231, turn left onto E Hwy 390, and Titus Park will be on the immediate right side. Centrally located off Highway 390 and just north of Highway 231. Right across the street from the new Publix shopping center.
School Information
- Elementary School: Deer Point
- Middle School: Merritt Brown
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Underground Utilities
Structural Information
- Architectural Style: Craftsman
- Construction: HardiPlank Type, Vinyl Siding, Wood Frame
- Roof: Composition, Shingle
- Sq. Ft. Source: Plans
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size: .16
- Lot Dimensions: 65 x 110
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,977
- Tax Year: 2025
Disclosures and Reports
- Legal Description: TITUS PARK PH 2-A LOT 28 ORB 4705 P 1533
- Property ID: 05948-375-056
Listed by Keller Williams Realty Emerald
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Schools
Schools serving 4942 Loblolly Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deer Point Elementary School 4800 Highway 2321, Panama City, FL 32404 | K-5 | 1.2 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 1.5 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 3.9 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 4942 Loblolly Way
Date
Details
Price
Change
Source
2/20/2026
Listed
$394,000
-3.88%
MLS
3/11/2024
Sold
$409,900
—
Public Record
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 4942 Loblolly Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,937
-9%
$357,796
3%
2024
$4,317
518%
$346,355
485%
2023
$699
25%
$59,218
23%
2022
$558
—
$48,324
—
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 4942 Loblolly Way
4942 Loblolly Way, Panama City, FL 32404 (MLS# 785573) is a Single Family property with 5 bedrooms and 3 full bathrooms. 4942 Loblolly Way is currently listed for $394,000 and was received on February 20, 2026. Want to learn more about 4942 Loblolly Way? 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.

