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MLS# 784479

Status: Active
5203 E 4th Street
Panama City, FL 32404
$450000.00

Beds Total: 3
Bathrooms: 2.00
Baths Full: 1
Baths Half: 1
Sq Ft Total: 1875.00
Acres: 2.89
Year Built: 1960
Garage Description: 3.00
On Waterfront: Yes
(850) 866-8622


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2.88-acre multi-residence property located in the heart of Panama City. Offering exceptional space, privacy, and versatility, this sprawling estate is ideal for multi-generational living, investment income, or a private retreat with room to grow.The main residence is a fully renovated cinderblock home featuring three bedrooms and 1.5 baths, plus a dedicated mother-in-law suite. The home has been thoughtfully updated from top to bottom with modern finishes, including:- New flooring and fresh paint throughout- A durable metal roof- An updated kitchen with new appliances- Completely remodeled bathrooms featuring new vanities, toilets, and a brand-new soaker tub.Bright, open, and built to last, this home is truly move-in ready!Adding potential value is a separate 2-bedroom, 1-bath mobile home. With some TLC this would be ideal for extended family, guests, or rental income. The property continues to impress outdoors with a detached 2-car garage for vehicles, storage, or a workshop,Large pole barn, perfect for boats, RVs, equipment, or hobbies and a serene pond nestled at the center of the property, surrounded by mature trees, creating a peaceful natural retreat.The Property features expansive open land with established driveways and multiple access points.Enjoy the privacy and space of country living while remaining just minutes from shopping, dining, schools, and all that Panama City has to offer. Properties with multiple dwellings, acreage, and this level of convenience are hard to find.Whether you're looking for a family compound, income-producing property, or a one-of-a-kind homestead, this property checks every box!Schedule your private showing today.

Additional Features

List Date:2026-01-31
Full Baths:1
Half Baths:1
Waterfront:Yes
Sub Area:0202 - Bay - Central SE
Community/Resort:None
Parcel ID:24417-000-000
Elementary School:Parker
Middle School:Rutherford
High School:Rutherford
Appliances:Cooktop - Electric,Dishwasher,Dryer,Oven - Electric,Range - Electric,Refrigerator,Washer,Water Heater - Electric
HOA Fee:No
Cumulative DOM:34
Days On Market:34
Last Taxes:3033.00
Last Tax Year:2025
Utilities:Cable - Available,Electricity - Connected,Garbage,Internet - Broadband,Public Sewer - Available,Public Sewer - Connected,Public Water - Connected
Present Zoning:Resid Multi-Family,Resid Single Family
Exterior:Patio - Covered,Porch - Covered
Lot Features:Corner Lot
Construction/Siding:Block,Foundation - Slab on Grade,Roof - Metal,Siding - Stone