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$327,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • Updated 8 days ago
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Welcome to this stunning, fully renovated 3-bedroom, 2-bath residence near Tyndall AFB, offering modern comfort and timeless style on almost one acre in a peaceful Panama City neighborhood. With its spacious layout, updated finishes, and impressive outdoor space, this home is truly move-in ready. Step inside to discover an open-concept floor plan highlighted by luxury flooring, fresh finishes, and abundant natural light. The chef-inspired kitchen features granite countertops, new cabinetry, and a seamless flow into the bright living area-perfect for entertaining guests or relaxing with family. Both bathrooms have been tastefully upgraded with contemporary fixtures and finishes for a fresh, modern appeal. Enjoy peace of mind with a new roof installed in 2019 and all renovations completed with exceptional attention to quality and detail. Outside, a circular driveway provides elegant curb appeal and easy access, while the expansive 0.96-acre lot offers endless possibilities for outdoor living-ideal for gardening, recreation, or future additions such as a pool or workshop. Conveniently located just minutes from shopping, dining, and top-rated local schools, this beautiful property perfectly blends comfort, style, and convenience. Property Highlights "¢ 3 Bedrooms / 2 Bathrooms "¢ Fully Renovated Interior "¢ Granite Countertops & Updated Cabinetry "¢ Open-Concept Living & Dining Area "¢ Luxury Flooring Throughout "¢ New Roof Installed in 2019 "¢ Circular Driveway with Ample Parking "¢ 0.96-Acre Lot with Expansive Outdoor Space "¢ Prime Location Near Tyndall AFB "¢ Move-In Ready Condition

Full Property Details for 5136 Lake Dr

General

  • Price: $327,000
  • Taxes: $2,081 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 780301
  • Updated: 1/9/2026
  • Added to Site: 98 day(s) ago

Interior

  • Number of Rooms: 6

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Covered Spaces: 2
  • Parking Features: Paved

Location

  • County: Bay
  • Driving Directions: From Tyndall Pkwy, Right on lake Dr. House on left

School Information

  • Middle School: Rutherford Middle

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: Contemporary
  • Sq. Ft. Source: Owner
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.97
  • Lot Size (Sq. Ft.): 42,210
  • Lot Size: .97
  • Lot Dimensions: 165 x 256
  • Lot Features: Paved
  • Fencing (Description): Partial

Financial Considerations

  • Tax Amount: $2,081
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: W H PARKER PLAT-(2.45)-119A4- BEG NE COR LOT 22 TH S 254.69' W 165.05' N 257.35' E 165' TO POB ORB 4435 P 1519
  • Property ID: 25214-000-000

Listed by Hilltop Legacy Realty

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Listing agent

— 5136 Lake Dr —

  • Hilltop Legacy 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 5136 Lake Dr

School District:Bay County School District
NameGradesDistance
Parker Elementary School
640 South Highway 22 A, Panama City, FL 32404
PK-50.3 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-82.4 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 5136 Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$327,000
-6.3%
MLS
10/12/2025
Listed
$349,000
107.12%
MLS
6/06/2024
Sold
$168,500
—
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 5136 Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,081
12%
$168,225
18%
2023
$1,863
85%
$142,944
49%
2021
$1,005
-13%
$96,236
-15%
2022
$1,152
15%
$113,332
32%
2021
$1,005
12%
$86,137
2%
2019
$901
-19%
$84,845
-17%
2018
$1,106
-1%
$102,505
1%
2017
$1,119
-4%
$101,584
-1%
2016
$1,160
-3%
$102,140
—
2015
$1,200
-1%
$101,772
-1%
2014
$1,215
10%
$103,188
-1%
2013
$1,100
—
$103,744
—
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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NMLS#: 1598647

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Listed by Hilltop Legacy Realty

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5136 Lake Drive, Panama City, FL 32404 (MLS# 780301) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5136 Lake Drive is currently listed for $327,000 and was received on October 12, 2025. Want to learn more about 5136 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.

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