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Property Description & Video
5108 Sunwood Road, Panama City, FLVideo Tour of 5108 Sunwood Road, Panama City, FL.
Conveniently located just off Highway 231 in Panama City, this property offers easy access to dining, shopping, and grocery stores, while still providing a peaceful setting just outside of town. Enjoy a short drive to Tyndall Air Force Base and the beautiful beaches of Panama City Beach, all while experiencing the tranquility of a quiet, no-HOA neighborhood. This spacious three-bedroom, two-bathroom home features an open-concept living and dining area designed for both comfort and functionality. The kitchen offers ample cabinet space along with stainless steel appliances, including a stove, microwave, and dishwasher. A conveniently located guest bathroom provides easy access for visitors and daily living. The well-appointed bedrooms offer plenty of space, highlighted by a large primary suite complete with a walk-in closet and private en-suite bathroom. This well-maintained stucco home has been thoughtfully updated and features a freshly painted interior, including doors and trim, creating a clean, move-in-ready f, including insulation, drywall, ceilings, lighting, and flooring, countertops, and a durable metal roof in 2019, the well and septic system were replaced in 2022, and a new hot water heater was installed in April 2026, offering peace of mind for years to come. Situated on nearly one acre, the property provides plenty of room to enjoy the outdoors and includes a playground and a utility building equipped with underground power and soundproof insulation, perfect for a workshop, hobby space, or additional storage. Seller is offering up to $7,500 toward buyer's closing costs with an acceptable offer, providing an excellent opportunity to reduce out-of-pocket expenses and make homeownership even more attainable.
Full Property Details
Full Property Details for 5108 Sunwood Rd
General
- Price: $247,500
- Taxes: $1,884 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 788223
- Updated: 4/12/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Patio
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Head North on HWY 231, turn right onto Star Ave./State Hwy 719, make an immediate left onto John Pitts Rd., travel 1 mile, then turn right onto Sunwood Dr. Home is located on the left side near the end of the street.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: Ranch
- Construction: Stucco, Vinyl Siding, Wood Frame
- Roof: Metal
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1999
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,636
- Lot Size: .86
- Lot Dimensions: 134 x 281
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $1,884
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 10 3S 13W -1.11- 143D BEG 2443' S OF NW COR OF SEC TH E 281' S 134.35' W 281' N 134.35' TO POB ORB 4562 P 1281
- Property ID: 05894-101-000
Listed by Keller Williams Success Realty
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Schools
Schools serving 5108 Sunwood Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 1.4 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 1.3 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 6.9 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 5108 Sunwood Rd
Date
Details
Price
Change
Source
4/11/2026
Listed
$247,500
54.69%
MLS
4/29/2022
Sold
$160,000
—
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 5108 Sunwood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,844
2%
$149,037
5%
2024
$1,801
1%
$142,565
2%
2023
$1,782
115%
$139,117
110%
2021
$828
-4%
$66,223
-7%
2022
$864
4%
$71,326
14%
2021
$828
8%
$62,687
3%
2019
$769
-26%
$60,809
-26%
2018
$1,044
108%
$82,506
12%
2017
$501
—
$73,867
2%
2016
$503
-3%
$72,256
1%
2015
$520
1%
$71,754
1%
2014
$515
11%
$71,185
2%
2013
$466
—
$70,133
—
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 5108 Sunwood Rd
5108 Sunwood Road, Panama City, FL 32404 (MLS# 788223) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5108 Sunwood Road is currently listed for $247,500 and was received on April 11, 2026. Want to learn more about 5108 Sunwood Road? 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.

