5 Blue Crab Lane
Panama City Beach, FL 32413
4
Bed
5
Bath
0.90Acre(Lot)
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 expan
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Rooms Total: 7 -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 1987Building Area Total: 4939Patio And Porch Features: DeckPool Features: ScreenEnclosure, PrivatePrivate Pool: YesWater front Features: Lake,LakeFrontView: Lake -
Exterior Features
Exterior Features: BoatSlip, Deck
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Lot Information
Lot Dimensions: 150 x 247 Main Square Feet: 0.9 Lot Size Acres: 0.9 Lot Size Square Feet: 39,204Property Information
Subdivision: Palmetto Bluff Source Property Type: Residential MLS Area Minor: 0322 - Beach - North West Property SubType: Single Family Residence Property Age: 39
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Listing Price Information
Listing Price: $2950000Original Price: $4000000
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Tax Information
Parcel Number: 35277-010-000 Tax Year: 2024 Annual Tax: $8049 Tax Legal Desc: 33 2S 17W -5.1- 12C BEG 283.70' E & 320' N OF SW COR OF GOVT LOT 2 TH W 50' N 291.01' M/L TO LAKE POWELL ELY ALG LAKE 210' S 164' W 50' S 80' W 100' TO POB LESS -5.1A- (SUBJ TO ESMT ORB 3441 P 301) ORB 3441 P 302
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Garage Information
Has Garage: Yes Garage Space: 2Homeowners Association Information
Has Association: Yes
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School Information
Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold -
Utility Information
ElectricityAvailable -
Location Information
Direction: From Hwy. 98, take Gainous Rd. north, then right on Lakeview Drive. Blue Crab Lane entrance will be on the left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19914 Front Beach Road, ,, FL, 32413 | $1,699,999 | 5 | 5 | 2,132 | 2,132 SqFt |
| 6332 River House Drive, Panama City Beach, FL, 32413 | $1,195,000 | 4 | 3 | -- | |
| 6314 Turkey Cove Lane, Panama City Beach, FL, 32413 | $1,225,000 | 3 | 4 | -- | |
| 8613 Preservation Drive, Panama City Beach, FL, 32413 | $149,500 | -- | -- | -- | |
| 6608 Button Buck Trail, Panama City Beach, FL, 32413 | $875,000 | 3 | 3 | -- | |
| 8539 Preservation Drive, Panama City Beach, FL, 32413 | $674,000 | 3 | 4 | -- | |
| 8525 Preservation Drive, Panama City Beach, FL, 32413 | $755,555 | 3 | 3 | -- | |
| 140 Paradise Found Circ.., Panama City Beach, FL, 32413 | $572,500 | 1 | 2 | -- | |
| 140 Paradise Found Circ.., Panama City Beach, FL, 32413 | $585,000 | 1 | 2 | -- | |
| 140 Paradise Found Circ.., Panama City Beach, FL, 32413 | $574,900 | 1 | 2 | -- |
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ByOwner last updated this listing 06/16/2026 @ 08:26
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