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$309,000 Just Listed
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Property Description
Completely renovated 3-bedroom, 2-bathroom home on nearly an acre in Panama City, FL! This 1,664 sq ft contemporary single-family home at 5136 Lake Dr has been fully updated with a brand-new kitchen, remodeled bathrooms, and new flooring throughout -- move-in ready from day one. Enjoy the rare combination of a spacious, almost one-acre lot with the convenience of city living, plus a covered carport for easy parking. The generous lot offers plenty of room to add a pool, outdoor living space, or even a workshop, giving you the flexibility to make this property your own. Vacant and available for immediate occupancy, this property is also approved for short-term rental use, making it a fantastic opportunity for homeowners and investors alike. Don't miss this rare find -- schedule your private showing today!
Full Property Details
Full Property Details for 5136 Lake Dr
General
- Price: $309,000
- Taxes: $2,119 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 793113
- Updated: Today (7/24/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- Interior Features: Main Level Primary, Separate Shower
- Appliances: Gas Oven, Gas Range, Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Covered Spaces: 2
- Parking Features: Additional Parking, Circular Driveway, Paved, RV Access/Parking
Location
- County: Bay
- Subdivision: Parker Plat
- Driving Directions: From Tyndall Parkway, Right on Lake d. 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: Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Contemporary
- Construction: Block, Vinyl Siding
- Roof: Composition, Shingle
- Sq. Ft. Source: Owner
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.97
- Lot Size (Sq. Ft.): 41,818
- Lot Size: .97
- Lot Dimensions: 165.0 ft x 256.0 ft
- Frontage: City Street
- Zoning: Resid Single Family
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,119.96
- Tax Year: 2025
Disclosures and Reports
- 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 4810 P 619
- Property ID: 25214-000-000
Listed by Hilltop Legacy Realty
Get Pre-Approved Today
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
7/24/2026
Listed
$309,000
83.38%
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# 793113) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5136 Lake Drive is currently listed for $309,000 and was received on July 24, 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.

