1 month on rocket

5316 Lake Dr, Panama City, FL, 32404

$289,500

Home List Price

$3,438*

Closing Credit

3 Bedrooms
2 Full Baths
1,253 SqFt
$231/SqFt
House

Location

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5316 Lake Dr, Panama City$289,500

Buyer Closing Credits

$3,438*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built2024
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #764455
Lot Size0.28 Acres
StatusActive

About 5316 Lake Dr

Under Construction - Completion in 60 Days!Experience country living in the heart of town with this beautiful 1,253 square-foot, 3-bedroom, 2-bathroom home, situated on a huge oversized lot that offers both privacy and convenience. Expected to be completed within 60 days, this home features board and batten siding for a timeless exterior charm. Inside, raised ceilings create an open, airy feel, complemented by durable LVP flooring throughout. The primary suite provides a spa-like retreat with a custom-tiled shower, a separate soaking tub, and exotic countertops.Enjoy easy access to all the amenities while savoring the tranquility of this spacious property. Photos shown are previews, showcasing the high-quality finishes that will be similar to those in the completed home. Don't miss out on this unique new build.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2024
  • Living Area: 1,253 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood
  • Interior: High Ceilings, Kitchen Island, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: East on Tyndell Prkw take a right onto Lake Drive and down on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,500
  • Price Per SqFt: $231/SqFt
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Housing Market Comparison

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

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5316 Lake Dr vs Panama City

36 DAYS ON ROCKET

-43 Days

$289,500

-$49.7K Less

$231/SqFt

+$30 More

KEY TAKEAWAY

This property is $49.7K less than the Median Sold Price and $30/SqFt more 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: #764455

Listing Office:

  • Office Name: EXP Realty LLC

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© 2024 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: 12/22/2024, 4:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$934

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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-877374
3
/10
  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-877375
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 2.03 miles

  • Public District Grades KG-5

school-card-donut-877376
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 3.16 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Residents of Panama City, FL typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5316 Lake Dr

What is the listing price of this property?

The listing price of 5316 Lake Dr property is $289,500.

What type of property is this?

The property 5316 Lake Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 5316 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5316 Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5316 Lake Dr is 1,253 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5316 Lake Dr is 2024.

Rocket HomesFloridaBay CountyPanama City324045316 Lake Dr

This home is located at 5316 Lake Dr in Panama City, FL and zip code 32404. This 1,253 square foot home, which was built in 2024, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $289,500.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.

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

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