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$285,000 Just Listed
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Property Description
What? Wait a moment. Did you say a 3 bedroom/2 bath home with a heated saltwater pool under $300K in Panama City? Yes I did and it is move in ready with significant updates throughout. Welcome to this approx 1,400 sq ft home of functional living space and a backyard designed to impress. The 10,000 gallon heated saltwater, inground pool ranges from 3 to 6 feet in depth and was resurfaced approximately 5 years ago. The covered deck creates a refreshing space to relax, entertain or unwind after a long day. Spring is around the corner, so why not move in and enjoy the pool from day one? Inside you will find a freshly painted interior and a flexible layout that includes a living room, dedicated eating area and a separate den for additional gathering space, media or work from home needs. The kitchen features LVP flooring, a center island, sharp white cabinets with soft close doors and drawers and all appliances including the refrigerator, washer, dryer and yes, a dishwasher too. The two additional bedrooms also feature LVP flooring while tile runs throughout the rest of the home for easy maintenance and beauty. The primary suite includes a tiled walk in shower in the primary bath. Major updates adding value and peace of mind include newer metal roof, HVAC approximately 5 years old, newer windows with easy cleaning mechanism, updated wiring, updated plumbing, newer sheetrock and a sprinkler system in the front yard. The landscaped yard even includes lemon and orange trees. Convenient to Tyndall Air Force Base, this property works beautifully as a primary residence or explore short term rental possibilities. Whether you are buying your first home or adding to your portfolio, this one deserves a look inside to truly appreciate it.
Full Property Details
Full Property Details for 5204 Lee Dr
General
- Price: $285,000
- Taxes: $1,807 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785285
- Updated: Today (2/14/2026)
- Added to Site: Today
Interior
- Number of Rooms: 7
- Appliances: Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Electric Heat, In Ground, Salt Water, Private
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: St And Bay Dev Co
- Driving Directions: Business Hwy 98 to left on Hwy 22 (E 3rd St.) to left on Seneca Ave. to left on Lee Drive to the above address.
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, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: Traditional
- Construction: Stucco
- Roof: Metal
- Windows: Double Pane Windows
- Sq. Ft. Source: Appraiser
- Year Built: 1969
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: .25
- Lot Dimensions: 80 x 140
- Frontage: City Street
- Lot Features: Sprinkler System, Paved
- Zoning: Resid Single Family
- Fencing (Description): Full, Fenced
Financial Considerations
- Tax Amount: $1,807
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 12 4S 14W ST A B DEV CO PLAT BEG 320' W OF SE COR LOT 51 TH N 140' W 80' S 140' E 80' TO POB -107.6-118D1 ORB 4368 P 1266
- Property ID: 24431-000-000
Listed by LPT Realty LLC
Get Pre-Approved Today
Schools
Schools serving 5204 Lee Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 2 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.4 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 5204 Lee Dr
Date
Details
Price
Change
Source
2/14/2026
Listed
$285,000
60.11%
MLS
2/24/2021
Sold
$178,000
—
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 5204 Lee Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,807
3%
$172,666
3%
2024
$1,749
3%
$167,800
3%
2023
$1,706
3%
$162,913
31%
2021
$1,651
-14%
$124,503
-17%
2022
$1,926
17%
$149,114
268%
2021
$1,651
530%
$40,525
107%
2019
$262
-77%
$19,600
-78%
2018
$1,136
-4%
$88,872
—
2017
$1,182
158%
$89,147
31%
2016
$458
-3%
$68,217
1%
2015
$474
1%
$67,843
1%
2014
$470
9%
$67,305
2%
2013
$432
—
$66,310
—
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 5204 Lee Dr
5204 Lee Drive, Panama City, FL 32404 (MLS# 785285) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5204 Lee Drive is currently listed for $285,000 and was received on February 15, 2026. Want to learn more about 5204 Lee 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.

