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MLS# 780535

Status: Active
5 Blue Crab Lane
Panama City Beach, FL 32413
$3950000.00

Beds Total: 4
Bathrooms: 5.00
Baths Full: 5
Sq Ft Total: 4939.00
Acres: 0.90
Year Built: 1987
Garage Description: 2.00
On Waterfront: Yes
(850) 830-2843


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Tucked along the quiet shoreline of Lake Powell, this spacious home offers a rare mix of privacy, comfort, and everyday livability. With 5 bedrooms, 5 bathrooms, and over 4,600 square feet, this home welcomes you with its soaring multi-level design and expansive outdoor areas tailored for both relaxation and grand entertaining. Set on nearly an acre along beautiful Lake Powell with 147 feet of pristine dune lake frontage, the property feels private and peaceful while still being close to the beach and the rest of Panama City Beach. Inside, you'll find an open gourmet kitchen and working pantry that connects easily to the main living areas, a custom fireplace, and plenty of natural light. Spacious bedrooms throughout the home provide flexibility for family and guests, and the expansive third-floor deck has the best views on the lake. With its own private dock, the lake becomes an extension of the backyard. Step outside to enjoy the screened pool, large deck, boat slip, and parking for up to ten vehicles. Recent updates include a new roof in 2025 and a heated and cooled garage. With exquisite craftsmanship throughout and panoramic lake views from nearly every vantage point, this property is a rare gem for discerning buyers seeking coastal elegance and lakefront living. Located in the gated community of Palmetto Bluff, residents enjoy a large neighborhood green space and community dock. Recently appraised at $4.2 million, this home is priced to sell.

Additional Features

List Date:2025-10-16
Full Baths:5
Waterfront:Yes
Sub Area:0322 - Beach - North West
Community/Resort:None
Parcel ID:35277-010-000
Elementary School:West Bay
Middle School:Surfside
High School:Arnold
Appliances:Refrigerator
HOA Frequency:Annually
HOA Amount:900.00
HOA Fee:Yes
Cumulative DOM:137
Days On Market:138
Last Taxes:8049.00
Last Tax Year:2024
Utilities:Electricity - Availabile
Exterior:Deck - Open
Lot Features:Landscaped
Waterfront Feature:Boat Slip
Fees Include:Security