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Backup Offers

5121 N Lakewood Dr, Panama City, FL, 32404

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
2 Full Baths
2,040 SqFt
$123/SqFt
House

Location

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5121 N Lakewood Dr, Panama City$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1979
HeatingElectric, Fireplace(s)
CoolingCentral Air, Electric, Heat Pump
MLS #766476
Lot Size0.39 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5121 N Lakewood Dr

One of the Best Priced Single Family Homes on Market! This large brick 3-bedroom, 2-bathroom home is located just minutes from Tyndall Air Force Base, Eastern Shipbuilding, and an array of shopping, dining, and entertainment options. Situated on.38 acre of land, this home offers plenty of room for outdoor activities and enjoyment. Home features: Hurricane shutters, new metal roof (2019), Whole Home Generator, Security system, fenced yard, 2 car garage. Call your Realtor today to see this great home

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1979
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Interior: Beamed Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s)
  • Cooling: Central Air, Electric, Heat Pump

Other

Directions Information:

  • Directions: hwy 98, left on cherry st, right on hwy 22. left on N lakewood, home will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $878
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$202

Avg. Days On Market

79

# of Sold Homes

196

5121 N Lakewood Dr vs Panama City

8 DAYS ON ROCKET

-71 Days

$250,000

-$89.4K Less

$123/SqFt

-$80 Less

KEY TAKEAWAY

This property is $89.4K less than the Median Sold Price and $80/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #766476

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is 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. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$878$119,027
2018$913$120,977
2017$907$118,489

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-102879
3
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-102880
3
/10

  • Callaway Elementary School

  • 7115 E Highway 22

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-102881
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Most Panama City, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5121 N Lakewood Dr

What is the listing price of this property?

The listing price of 5121 N Lakewood Dr property is $250,000.

What type of property is this?

The property 5121 N Lakewood Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Accepting Backup Offers: 5121 N Lakewood Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $878 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5121 N Lakewood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5121 N Lakewood Dr is 2,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5121 N Lakewood Dr is 1979.

Rocket Homes›Florida›Bay County›Panama City›32404›5121 N Lakewood Dr

This home is located at 5121 N Lakewood Dr in Panama City, FL and zip code 32404. This 2,040 square foot home, which was built in 1979, sits on a 0.39 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 25, 2024 and is currently priced at $250,000.

While more than 11 listings in Panama City, FL in December 2024 were sold above asking price, there were more than 39 listings sold at asking price, and more than 146 were sold below. The number of listings in Panama City, FL decreased by 1.4% between November 2024 and December 2024. Listings spent 79 days on the market in December 2024, and had a median list price of $339,456 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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