Price Reduction
Address
5045 E Highway 98, Panama City, FL
Price
$ 525,000
Property Attributes
- MLS#786756
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodW H Parker
- Zip32404
- Style
- Year Built1930
- Taxes$ 1723
- Price$ 525,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1800
- Lot Size0.28 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Welcome to this one-of-a-kind custom home with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Spacious living and open area for everyone, and lots of options for 5 bedrooms! The open living area with new kitchen will impress when entertaining, with gorgeous granite countertops and all new kitchen and stainless appliances. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Head on out to your new fireplace veranda for quiet night by the fire. Plenty off room for a pool or an additional storage building! A fully fenced yard for your privacy and security. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. Close proximity to Tyndall Air Force Base is great for future rentals, or customers! Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furniture is virtually staged except for a few pieces that are negotiable.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Rutherford Middle School | Rutherford High School |
| Price History | |
|---|---|
| 3/13/2026 | Listed $625,000 |
| 8/28/2026 | 16$525,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | W H Parker |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Located on North side of Business 98. |
| High School | Rutherford |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12110 |
| Elementary School | Parker |
| Tax Annual Amount | 1723 |
| Middle/Junior High School | Rutherford |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Vacant |
| Year Built | 1930 |
| Heating | Central,Fireplace(s) |
| Cooling | Central Air |
| Appliances | Electric Oven,Electric Water Heater |
| Patio/Porch Features | Covered,Patio,Porch |
| Construction Materials | Wood Siding,Wood Frame |
| Garage Y/N | false |
| Total Rooms | 7 |
| Full Baths | 2 |
| Architectural Style | Craftsman |
| New Construction | false |
| Roof | Shingle |
Interior Features
| Total Baths | 2 |
|---|---|
| Furnished Units | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Total Bedrooms | 5 |
| LivingAreaSource | Appraiser |
| Fireplace Features | Electric |
Exterior Features
| Lot Size Area | 0.28 |
|---|---|
| Lot Dimensions | 135' x 110' |
| Lot Size Acres | 0.28 |
| Building Area Total | 1800 |
| Waterfront Y/N | false |
| Exterior Amenities | Patio,Fire Pit |
| Fencing | Fenced,Privacy |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32404
Price
Taxes
Year Built
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
