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$505,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • Updated 20 hours ago
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A boater's dream with limitless potential! Situated on a sprawling lot in an established neighborhood with NO HOA, this classic 1959 waterfront property boasts true deepwater access with a private dock capable of accommodating a large vessel. Offered in true ''As-Is'' condition, this home needs work but delivers good bones, character, and a coastal lifestyle. Step inside to a layout designed around water views and entertaining. The dining room serves as a focal point with tile flooring, a custom accent ceiling, and panoramic waterfront views that flood the space with natural light. Adjacent sits a versatile, oversized service bar that seamlessly connects the dining area to the living room, where you'll find classic hardwood floors and a cozy gas fireplace with a brick surround. The generous kitchen comes fully equipped with newer GE stainless steel appliances, an island with a cooktop, a pantry, an abundance of cabinetry, and charming green tile countertops. The home features 3.5 bathrooms, including a convenient exterior-access bathroom ideal for rinsing off after a day out on the water or on the boat. The primary suite includes a walk-in closet and a beautifully renovated en-suite bathroom complete with an updated vanity, a tiled shower with seating, a free-standing soaking tub, and a stunning stained-glass window. Outside, the large lot features a detached garage/workshop equipped with power--perfect for boat maintenance, DIY projects, or extra storage. Bring your boat, bring your vision, and secure rare deepwater property today!

Full Property Details for 5121 Stratford Ave

General

  • Price: $505,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 796333
  • Updated: 10/6/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Workshop
  • Fireplace: Yes
  • Fireplace(s): Gas
  • Appliances: Electric Cooktop, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Covered Patio, Dock
  • Porch/Patio/Deck: Deck, Covered, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1

Location

  • County: Bay
  • Subdivision: [No Recorded Subdiv]
  • Driving Directions: From the intersection of Tyndall Parkway and Boat Race Road, head west on Boat Race Road then left onto Ethlyn Rd then in .2 miles turn right onto Stratford Ave. The house will be just ahead on your right.

School Information

  • Elementary School: Tyndall Academy
  • Middle School: Tyndall Academy
  • High School: Rutherford

Community

  • Community Name: 02 - Bay County - Central

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Window Unit(s)
  • Heating Type: Central, Electric, Fireplace(s)

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick, Block
  • Roof: Metal
  • Stories/Levels: 1
  • Sq. Ft. Source: Appraiser
  • Year Built: 1959

Additional Structures

  • Other Structures: Garage(s), Workshop

Lot Features

  • Property View: Bayou
  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size: .48
  • Lot Dimensions: 90.0 ft x 233.0 ft
  • Frontage: City Street
  • Lot Features: Paved
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bayou
  • Water Front View: Bayou

Financial Considerations

  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: GILBERT-PARKER ADD LOT 9 BLK 4 ORB 1870 P 1110 MAP 119D1
  • Property ID: 25988-000-000

Listed by Keller Williams Success Realty

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— 5121 Stratford Ave —

  • Keller Williams Success Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5121 Stratford Ave

School District:Bay County School District
NameGradesDistance
Tyndall Elementary School
7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403
PK-83.1 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-82.9 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 5121 Stratford Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2026
Listed
$505,000
206.06%
MLS
5/14/1999
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
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 for 5121 Stratford Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,507
—
$231,497
3%
2024
$2,507
2%
$224,974
3%
2023
$2,448
85%
$218,421
34%
2021
$1,323
-26%
$162,467
-23%
2022
$1,780
35%
$212,059
32%
2021
$1,323
-9%
$160,224
-8%
2019
$1,459
-18%
$173,961
-13%
2018
$1,776
—
$200,855
2%
2017
$1,769
—
$196,724
2%
2016
$1,777
-3%
$192,678
1%
2015
$1,834
1%
$191,339
1%
2014
$1,813
12%
$189,820
1%
2013
$1,617
—
$187,015
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Success Realty

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5121 Stratford Avenue, Panama City, FL 32404 (MLS# 796333) is a Single Family property with 2 bedrooms, 3 full bathrooms and 1 partial bathroom. 5121 Stratford Avenue is currently listed for $505,000 and was received on October 06, 2026. Want to learn more about 5121 Stratford Avenue? 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.

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