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5203 E 4th Street

Panama City, FL 32404
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Bed 3

Bed

Bath 2

Bath

Acres2.89

Acres(Lot)

2.88-acre multi-residence property located in the heart of Panama City. Zoned for up to 8.99 townhomes or 4 duplexes per acre. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $359,000

AD Id : 74809762

MLS Id : 784479

Beds : 3

Lot Size : 2.89 Acres

Year Built : 1960

Garage : 3

County : Bay

Subdivision: Callaway

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 3

    Roofing Information

    Metal
  • Interior Features

    Roof: Metal
    Appliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Ductless Water front: 1

  • Building Information

    Year Built: 1960
    Building Area Total: 1875
    Construction Materials: Block, Stone
    Stories: 1
    Patio And Porch Features: Covered, Patio, Porch
    Private Pool: No
    Water front Features: Other

  • Lot Information

    Lot Dimensions: 284 x 443 Main Square Feet: 2.89 Lot Size Acres: 2.89 Lot Size Square Feet: 125,801 Lot Description: Paved

    Property Information

    Subdivision: Callaway Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Zoning Description: Resid Multi-Family, Resid Single Family Property SubType: Single Family Residence Property Age: 66

  • Listing Price Information

    Listing Price: $359000
    Original Price: $450000

  • Tax Information

    Parcel Number: 24417-000-000 Tax Year: 2025 Annual Tax: $3033 Tax Legal Desc: 12 4S 14W ST A B DEV CO PLAT BEG 208.4' E OF NW COR LOT 46 TH E 430' S 320' W 422.6' N 309.77' TO POB -99.2-118D1 ORB 1181 P 73

  • Parking Information

    AdditionalParking, RvCarport, RvAccessParking

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 3

  • School Information

    Elementary School: Parker Junior High School: Rutherford Senior High School: Rutherford
  • Utility Information

    ElectricityAvailable, HighSpeedInternetAvailable, SewerAvailable
  • Location Information

    Direction: From Hwy 98, head east past the 231 Intersection. Just past Walmart, turn right on 7th St. Then left on Seneca, and right on 4th St. Property will be on the right.
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ByOwner last updated this listing 06/07/2026 @ 13:42

MLS: 784479 LISTED BY: Crystal Duncan, Paradise Properties of NW Florida 850-588-7136 SOURCE: CPAR

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