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$149,000 -$10,000 (-6.29%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 1 Full Bath
  • 1,024 Sq. Ft.
  • Updated 20 hours ago
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PRIME LOCATION! This 1.43-acre property tucked away in the quiet Bayou George Heights community offers incredible potential in a peaceful setting. Just a short drive to Tyndall Air Force Base and Panama City's shopping, dining, and white-sandy beaches; this property offers both convenience and tranquil surroundings -- the perfect combination for investors, builders, or homeowners looking to create something special. Featuring a sturdy block construction with a stucco exterior, a new roof (2019), and updated HVAC, this former church space is ideal for various uses. The county permits the use of this property for duplexes, single-family homes, and mobile homes.

Full Property Details for 5528 Adalee Rd

General

  • Price: $149,000
  • Status: Active
  • Type: Townhouse
  • Source: Emerald_Coast
  • MLS ID: 972273
  • Updated: 1/16/2026
  • Added to Site: 295 day(s) ago

Interior

  • Rooms/Areas: Studio

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Other Rooms

  • Studio: Studio

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Bayou George Hts
  • Driving Directions: From Hwy 231, turn East on Bayou George Drive then turn left on Cluster Rd., turn on Adalee Rd. Lot is down on the Right - sign is up.

School Information

  • Elementary School: Tommy Smith
  • Middle School: Merritt Brown
  • High School: Rutherford

Heating & Cooling

  • Heating/Cooling: AC - None

Utilities

  • Utility Description: Electric, Septic Tank

Structural Information

  • Architectural Style: Other
  • Stories/Levels: 1
  • Square Feet: 1,024
  • Sq. Ft. Source: County PA Records
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 1.43
  • Street/Road Desc.: County Road, Paved Road
  • Zoning: Mobile Home, Resid Multi-Family, Resid Single Family

Financial Considerations

  • Terms: Conventional, FHA, None, VA

Disclosures and Reports

  • Legal Description: 1 3S 13W -1.2-159A BEG 300' N
  • APN: 05638-020-000

Listed by Destin Real Estate

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— 5528 Adalee Rd —

  • Destin Real Estate

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 5528 Adalee Rd

School District:Bay County School District
NameGradesDistance
Tommy Smith Elementary School
5044 Tommy Smith Drive, Panama City, FL 32404
PK-53.7 mi
Merritt Brown Middle School
5044 Merritt Brown Way, Panama City, FL 32404
6-83.7 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-88.9 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 5528 Adalee Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$149,000
-6.29%
MLS
11/26/2025
Price Reduced
$159,000
-3.64%
MLS
7/29/2025
Price Reduced
$165,000
-2.94%
MLS
3/27/2025
Listed
$170,000
17.24%
MLS
1/14/2022
Sold
$145,000
—
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 5528 Adalee Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,126
-1%
$74,999
—
2023
$1,139
470%
$74,999
-5%
2021
$200
-82%
$78,919
—
2022
$1,111
456%
$78,919
9%
2021
$200
—
$72,073
—
2019
$200
—
$72,073
-15%
2018
$200
—
$85,057
—
2017
$200
—
$85,057
-2%
2016
$200
—
$86,995
-1%
2015
$200
—
$88,288
-2%
2014
$200
—
$89,826
4%
2013
$200
—
$86,015
—
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.

Estimate the Cost for 5528 Adalee Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Destin Real Estate

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5528 Adalee Road, Panama City, FL 32404 (MLS# 972273) is a Townhouse property with 0 bedrooms and 1 full bathroom. 5528 Adalee Road is currently listed for $149,000 and was received on March 27, 2025. Want to learn more about 5528 Adalee Road? Do you have questions about finding other Townhouse 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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