This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$270,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors. Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior. Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest. Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more. Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and with ½ mile to Hwy 98. Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.
Full Property Details
Full Property Details for 5012 Lake Dr
General
- Price: $270,000
- Taxes: $1,028 (2025)
- Status: Under Contract
- Type: Single Family
- Source: Bay_County
- MLS ID: 793759
- Updated: 8/19/2026
- Added to Site: 19 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Shower Only
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Open, Porch
Location
- County: Bay
- Subdivision: W H Parker
- Driving Directions: From HWY 98, Turn West onto Lake Dr. Home is on South/Left Side.
School Information
- Elementary School: Parker
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Craftsman
- Construction: HardiPlank Type, Wood Frame
- Roof: Metal
- Sq. Ft. Source: Appraiser
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: .24
- Lot Dimensions: 100.0 ft x 107.0 ft
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $1,028.96
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: W H PARKER PLAT (2.60) BEG 205' E OF NW COR LOT 24 TH S 132' E 125' N 132' W 125' TO POB LESS 25' ON N & E SIDE FOR RW ORB 2851 P 1256
- Disclosures/Rstr.: Accepting Backup Offers
- Property ID: 25227-000-000
Listed by Keller Williams Success Realty
Get Pre-Approved Today
Schools
Schools serving 5012 Lake Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 0.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 2.4 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 5012 Lake Dr
Date
Details
Price
Change
Source
8/07/2026
Listed
$270,000
200%
MLS
2/23/2026
Sold
$90,000
—
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 5012 Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$934
—
$73,509
10%
2024
$934
3%
$66,826
3%
2023
$904
55%
$64,788
17%
2021
$583
-1%
$55,500
-4%
2022
$586
1%
$57,616
21%
2021
$583
150%
$47,503
1%
2019
$233
-15%
$46,973
-8%
2018
$275
-1%
$50,784
1%
2017
$278
-4%
$50,428
-1%
2016
$289
-4%
$50,768
—
2015
$300
-50%
$50,672
-1%
2014
$601
10%
$51,012
-1%
2013
$544
—
$51,352
—
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 5012 Lake Dr
5012 Lake Drive, Panama City, FL 32404 (MLS# 793759) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5012 Lake Drive is currently listed for $270,000 and was received on August 07, 2026. Want to learn more about 5012 Lake 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.

