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$270,000

5012 Lake Dr

Panama City, FL
Active
3
Bedrooms
3
Bathrooms
1,500
Square Feet
0.24
Lot Size (acres)
1940
Year Built
58
Days On Market

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 ½ 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.

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Listing Information

Listing Updated
4 days ago
Listed By
Dennis Nelson, 8503488262 · Keller Williams Success Realty, 8502490313
MLS#
793759
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
5012 Lake Dr, Panama City, FL 32404
City
Panama City
County
Bay
Neighborhood
W H Parker
Zip Code
32404

Architecture

Bedrooms
3
Bathrooms
3
Year Built
1940
Style
Craftsman
Construction Materials
Frame, HardiPlank Type
Building Area
1,500 sq. ft.
Foundation
Slab
Roof
Metal
Garage Spaces
0

Features & Amenities

Appliances
Electric Range, Electric Water Heater, Tankless Water Heater, Electric Oven, Ice Maker
Patio and Porch
Porch
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.24 Acres
Sewer
Public Sewer
Zoning
Resid Single Family

Square Footage

Total
1,500 sq. ft.

Tax & Financial Information

List Price
$270,000
Annual Taxes
$1,028

Schools

99/100
Parker Elementary School
Elementary · Grades PK–05 · 0.1 mi
City
Panama City
Students
621
Student body
55% White · 26% Black · 10% Two or More Races
Free/reduced lunch
84%
Phone
(850) 767-4570
98/100
Callaway Elementary School
Elementary · Grades PK–05 · 2.2 mi
City
Panama City
Students
543
Student body
57% White · 25% Black · 9% Two or More Races
Free/reduced lunch
81%
Phone
(850) 767-1241
74/100
Amikids Maritime Academy
High · Grades 09–12 · 3.9 mi
City
Panama City
Parent reviews
5.0★ avg · 1 review
Phone
(850) 919-2213
56/100
Tyndall Academy
Elementary · Grades PK–08 · 3.6 mi
City
Tyndall Afb
Students
388
Student body
57% White · 18% Hispanic / Latino · 12% Black
Free/reduced lunch
20%
Phone
(850) 767-1714
55/100
Rosenwald High School
High · Grades 06–12 · 3.3 mi
City
Panama City
Students
249
Student body
51% White · 25% Black · 16% Hispanic / Latino
Free/reduced lunch
74%
Phone
(850) 767-4580
55/100
Chautauqua Charter School
High · Grades 09–12 · 4.3 mi
City
Panama City
Students
47
Student body
72% White · 19% Black · 6% Hispanic / Latino
Free/reduced lunch
92%
Phone
(850) 785-5056
54/100
Bay Regional Juvenile Detention Center
7th & Above · Grades KG–12 · 4 mi
City
Panama City
Students
23
Student body
61% White · 22% Black · 9% Hispanic / Latino
Free/reduced lunch
61%
Phone
(850) 872-4706
54/100
Bay High School
High · Grades 09–12 · 4.4 mi
City
Panama City
Students
1,296
Student body
53% White · 28% Black · 9% Hispanic / Latino
Free/reduced lunch
58%
Phone
(850) 767-4600

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/07/2026Listed for sale$270,000

Listed by Dennis Nelson · Keller Williams Success Realty · 8502490313

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 29, 2026 at 12:47 PM | Source: Central Panhandle Association of REALTORS | MLS#: 793759

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