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$337,000 Just Listed
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Property Description
NEARLY 1 ACRE, WITH NO HOA! Beautifully renovated in a neighborhood near Tyndall Air Force Base. Offering the perfect combination of modern upgrades, spacious living, and expansive outdoor space, this move-in-ready property is a rare find. Inside, you'll discover a bright open-concept floor plan with luxury flooring throughout, abundant natural light, and stylish finishes designed for both comfort and entertaining. The fully updated kitchen features granite countertops, custom cabinetry, and seamless flow into the living and dining areas, creating an inviting space for gatherings and everyday living. Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes, while the home's thoughtful renovations provide a fresh, modern feel throughout. A new roof installed in 2019 adds additional peace of mind. One of the standout features of this property is the expansive 0.96-acre lot, offering endless possibilities for outdoor living, recreation, gardening, RV or boat parking, or future additions such as a pool, workshop, or detached garage. The circular driveway provides excellent curb appeal along with ample parking for guests and multiple vehicles.
Full Property Details
Full Property Details for 5136 Lake Dr
General
- Price: $337,000
- Taxes: $2,120 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 790272
- Updated: 5/22/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 6
- Appliances: Gas Cooktop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Covered Spaces: 2
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Wh Parker
- Driving Directions: From Tyndall Pkwy, Right on lake Dr. House on left
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: Contemporary
- Construction: Block
- 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
- Frontage: City Street
- Lot Features: Paved
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,120
- Tax Year: 2025
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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Schools
Schools serving 5136 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 | 0.3 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 5136 Lake Dr
Date
Details
Price
Change
Source
5/22/2026
Listed
$337,000
100%
MLS
6/06/2024
Sold
$168,500
—
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 5136 Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,081
—
$151,491
-10%
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
—
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 5136 Lake Dr
5136 Lake Drive, Panama City, FL 32404 (MLS# 790272) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5136 Lake Drive is currently listed for $337,000 and was received on May 22, 2026. 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.

