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$49,000
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Property Description
Convenient to Hwy. 231 and Panama City. This lot is over a half acre in size and is high and dry and nicely wooded. It sits on Lake Lakewood. Hurricane Sally's record rains broke the dam and emptied the lake. Plans are in progress to rebuild the dam and restore the lake levels. This building lot has city water and area residences have septic tanks. For an affordable waterfront lot take a look at this one.
Full Property Details
Full Property Details for 8617 Wood Cir
General
- Price: $49,000
- Taxes: $471 (2020)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 706253
- Updated: 1/6/2026
- Added to Site: 168 day(s) ago
Location
- County: Bay
- Subdivision: Lakewood Manor U-3
- Driving Directions: Head North on Hwy. 231 and take a right on John Pitts Road. Turn left on Scenic Dr. and right on Wood Circle. Sign on lots
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
- Association: Yes
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829
- Lot Size: .57
- Lot Dimensions: 119 x 210
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $471
- Tax Year: 2020
Disclosures and Reports
- Legal Description: LAKEWOOD MANOR UNIT 3 BEG AT SW COR OF LOT 15 NELY 120.10' SELY 208' TO WATER SELY 118' NWLY 210' TO POB BEING PART OF LOTS 15 & 16 ORB 1764 P 108 (15.1)
- Property ID: 05640-515-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 8617 Wood Cir
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 3.9 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 3.9 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 9.1 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 8617 Wood Cir
Date
Details
Price
Change
Source
6/12/2024
Price Reduced
$49,000
-10.91%
MLS
8/30/2022
Price Reduced
$55,000
-26.67%
MLS
1/06/2021
Listed
$75,000
333.53%
MLS
1/23/1998
Sold
$17,300
—
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 8617 Wood Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
$425
9%
$34,443
10%
2023
$391
-7%
$31,230
-14%
2022
$421
-10%
$36,467
-7%
2021
$466
1%
$39,224
4%
2019
$462
3%
$37,882
10%
2018
$448
15%
$34,438
10%
2017
$388
-3%
$31,307
—
2016
$399
3%
$31,307
7%
2015
$386
-9%
$29,328
-9%
2014
$426
15%
$32,387
2%
2013
$370
—
$31,847
—
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 8617 Wood Cir
8617 Wood Circle, Panama City, FL 32404 (MLS# 706253) is a Land Residential property with a lot size of 0.57 acres. 8617 Wood Circle is currently listed for $49,000 and was received on August 03, 2025. Want to learn more about 8617 Wood Circle? Do you have questions about finding other Land Residential 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.

