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$199,900 Just Listed
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Property Description
Opportunity awaits with this spacious 3-bedroom, 2-bath brick home situated on approximately 0.70 acre in Panama City! Offering 2,105 square feet of living space, this property provides an excellent opportunity for experienced investors, contractors, or renovation-minded buyers looking for their next project. The main residence features a generous floor plan and solid potential for transformation but requires extensive repairs and updating throughout, including flooring, cabinetry, fixtures, HVAC systems, and termite-related damage. Possible structural concerns will require further evaluation. The property also includes a separate NON LIVABLE two-bedroom dwelling that sustained significant hurricane damage and remains in severely deteriorated condition, requiring extensive rehabilitation or possible demolition. The secondary structure is not considered habitable in its present condition. Conveniently located near Tyndall Air Force Base, shopping, dining, and everyday amenities, this property offers a sizable lot with room to reimagine its possibilities. **Property is being sold strictly AS-IS.** Significant repairs are necessary. Buyers are encouraged to conduct thorough inspections and due diligence regarding the condition of both structures. **Bring your contractor, your vision, and your renovation plans!**
Full Property Details
Full Property Details for 5628 Martin Ct
General
- Price: $199,900
- Taxes: $3,571 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 797091
- Updated: 10/27/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Covered Spaces: 2
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From Tyndall Parkway and and HWY 22, head North on Tyndall Parkway, make right onto Martin Ct home will be on right just before the curve. (Before Whistle Express Carwash).
School Information
- Elementary School: Callaway
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Sewer Available
Structural Information
- Architectural Style: Ranch
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.71
- Lot Size (Sq. Ft.): 30,492
- Lot Size: .71
- Lot Dimensions: 220.0 ft x 140.0 ft
Financial Considerations
- Tax Amount: $3,571.09
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 7 4S 13W -201.5-131C2- BEG 190' S & 20' W OF NE COR LOT 40, TH W 220' S 140' E 220' N 140' TO POB ORB 3817 P 2182
- Property ID: 06270-040-000
Listed by Overstreet Realty
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Schools
Schools serving 5628 Martin Ct
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 1.2 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.7 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 5628 Martin Ct
Date
Details
Price
Change
Source
10/27/2026
Listed
$199,900
32.47%
MLS
5/14/2026
Sold
$150,900
—
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 5628 Martin Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,571
53%
$260,779
24%
2024
$2,330
4%
$210,142
4%
2023
$2,250
14%
$202,091
7%
2021
$1,979
-1%
$188,162
-3%
2022
$1,999
1%
$194,134
6%
2021
$1,979
7%
$183,800
4%
2019
$1,848
-4%
$177,113
-6%
2018
$1,916
-4%
$187,896
-1%
2017
$2,000
-15%
$188,861
9%
2016
$2,366
-4%
$173,849
-1%
2015
$2,454
-1%
$174,752
-1%
2014
$2,473
100%
$176,302
33%
2013
$1,237
—
$132,991
—
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 5628 Martin Ct
5628 Martin Court, Panama City, FL 32404 (MLS# 797091) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5628 Martin Court is currently listed for $199,900 and was received on October 27, 2026. Want to learn more about 5628 Martin Court? 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.

