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$599,000
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Property Description
***BEST PRICE PER SQUARE FOOT CHEROKEE HEIGHTS HOME!!!*** The sellers have spared no expense in upgrading this absolutely GORGEOUS 3,649 square foot 5 bedroom, 3.5 bathroom 2 story brick veneer home in the highly desirable Cherokee Heights community. As you enter the home you are greeted with a den/office that leads into the updated kitchen. The electric fireplace in the living room gives the space a cozy feeling and the high 2 story ceilings give the home a much larger feel. Adjacent to the kitchen is a spacious breakfast/dining nook. There are 2 master bedrooms(1 downstairs & 1 upstairs) with adjoining bathrooms. An updated wet bar, half bath, and laundry room complete the downstairs. Upstairs you have a large loft space perfect for entertaining, along with the additional 4 bedrooms(one is hidden behind a white bookshelf) and 2 full baths. Upgrades and updates include but are not limited to: 2019 roof, new water heater, new HVAC, new waterproof LVT flooring and premium padding carpet, new kitchen cabinets, quartz countertops, tiled backsplash, stainless steel appliances, renovated wet bar and bathrooms, newly painted interior, all new light fixtures(added recessed lighting in all rooms), and new garage shelving for additional storage. Step outside to a spacious covered pergola and deck, 6 ft privacy fenced backyard(big enough to add a pool), and a storage shed that if finished out would make a perfect office/man cave/she shed :-} All interior furniture, TV's, and washer and dryer are negotiable and can be purchased separately. All information is approximate and should be verified by buyers if important.
Full Property Details
Full Property Details for 5007 Pretty Way
General
- Price: $599,000
- Taxes: $4,765 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 783125
- Updated: 1/14/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Wet Bar, Fireplace, Kitchen Island, Pantry, Split Bedrooms
- Fireplace: Yes
- Appliances: Electric Oven, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Garage, Garage Door Opener
Location
- County: Bay
- Subdivision: Cherokee Heights
- Driving Directions: North on 231, right on Cherokee Heights Rd, left on Merritt Brown Rd, left on Pretty Way
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
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: Cable Connected, Electricity Available, Phone Connected
Structural Information
- Architectural Style: Craftsman
- Construction: Brick, Brick Veneer, Wood Frame
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 2014
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,060
- Lot Size: .21
- Lot Dimensions: 70 x 130
- Lot Features: Sprinkler System, Paved
- Zoning: Resid Single Family
- Fencing (Description): Full, Fenced, Privacy
Financial Considerations
- Tax Amount: $4,765
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: CHEROKEE HEIGHTS PHASE FOUR LOT 147 ORB 4641 P 1437
- Property ID: 05860-500-090
Listed by RE/MAX SELECT Partners
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Schools
Schools serving 5007 Pretty Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 0.2 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 0.2 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 7.4 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 5007 Pretty Way
Date
Details
Price
Change
Source
1/02/2026
Listed
$599,000
28.13%
MLS
12/19/2022
Sold
$467,500
—
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 5007 Pretty Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,765
2%
$411,224
3%
2023
$4,693
38%
$399,247
29%
2021
$3,392
-1%
$309,508
-3%
2022
$3,417
1%
$318,811
4%
2021
$3,392
19%
$305,234
16%
2019
$2,855
-17%
$263,158
-13%
2018
$3,453
2%
$304,016
13%
2017
$3,377
-3%
$269,244
—
2016
$3,486
-10%
$270,445
-7%
2015
$3,889
995%
$292,171
982%
2014
$355
16%
$27,003
5%
2013
$307
—
$25,641
—
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 5007 Pretty Way
5007 Pretty Way, Panama City, FL 32404 (MLS# 783125) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 5007 Pretty Way is currently listed for $599,000 and was received on January 02, 2026. Want to learn more about 5007 Pretty 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.

