About This Home

This 3-bedroom, 3-bathroom single family at 5012 Lake Drive in Panama City, FL is listed for $270,000 ($180 per sqft). Built in 1940, the home offers 1,500 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1940
  • 0.24 acre lot

Property Details

3 full
1940

Amenities

A/C
Listing Description

Back On Market at No Fault of Seller. Inspection Repairs Completed and Appraisal Passed! This beautiful home looks and feels like new with major updates and upgrades. Enjoy lower maintenance and lower utility costs with NEW air conditioning, NEW on-demand water heater, and NEW windows and doors.

Gorgeous finishes including remodeled bathrooms with tiled showers, all new kitchen cabinets with stunning butcher block countertops, new stainless appliances, new luxury vinyl plank floors, recessed LED lighting throughout, and completely updated interior.

Comfort and convenience with two full bedroom suites complete with all new bathrooms including luxurious tiled showers. A third full bath with tub is easily accessible from living area and is sure to impress any guest. Located in a quiet neighborhood is in close proximity to parks, several public boat launches, schools, and convenient to stores, shopping, and more.

Less than a mile to all new Parker Sports Complex, an 18 acre park with baseball fields, basketball, tennis, walking trail, dog park, restrooms, and playground. Only 1 block to Parker Elementary School, and within 1/2 mile to Hwy 98. Bring your kayak, canoe, or boat! Numerous public boat launches and waterfront parks within 5 minutes. Within 5 miles to revitalized and booming downtown Panama City, and 8 miles to Historic St Andrews, both with waterfront dining, entertainment, and activities.

Monthly Cost Estimate

$1,444/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

5012 Lake Drive

Panama City, FL 32404

W H Parker

Features & Amenities

Interior Features

ShowerOnly

Property Details

Construction

HardiplankType WoodFrame

Outdoor Features

Porch

Heating

Central

Cooling

Central Air

Appliances

ElectricOvenElectricRangeElectricWaterHeaterIceMakerTanklessWaterHeater

Questions & Answers

This 3-bedroom, 3-bathroom single family at 5012 Lake Drive is listed at $270,000 ($180/sqft). The estimated monthly payment is $1,444 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.24 acre lot. Interior Features: ShowerOnly.

This property is listed by Dennis Nelson.

DN

Dennis Nelson

License BK3379289

Agent at Keller Williams Success Realty

Listed by Keller Williams Success Realty · Broker phone: (850) 249-0313 · View on Broker Site

MLS# 793759· Source: Central Panhandle Association of REALTORS· 86 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5012 Lake Drive, Panama City, FL 32404

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