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5203 E 4th Street

Panama City, FL 32404

$359,000 $1,513/Mo

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Overview

Bed

Bath

2.89

Acres(Lot)

Description

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! Addin g 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.

Property Details

Property Type : Residential

Price : $359,000

AD Id : 78486871

MLS Id : 999484

Beds : 3

Lot Size : 2.89 Acres

Year Built : 1960

County : Bay

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

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

Room Information

Rooms Total: 5
Flooring Information

Vinyl
Roofing Information

Metal
Interior Features

Breakfast Bar, Recessed Lighting Roof: Metal Appliances: Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater, Electric Range, Electric Oven
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

Building Information

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

Lot Information

Lot Dimensions: 284 x 443 Main Square Feet: 2.89 Acres Lot Size Acres: 2.89 Lot Size Square Feet: 125888.4 Lot Description: Corner Lot

Property Information

Subdivision: Callaway Source Property Type: Residential MLS Area Minor: 2702 - Bay - Central SE Property SubType: Single Family Residence Property Age: 66

Listing Price Information

Listing Price: $359000

Tax Information

Parcel Number: 24417-000-000 Tax Year: 2025 Annual Tax: $3032.81 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 4828 P 1876

Parking Information

Attached Carport

Garage Information

Has Garage: Yes

School Information

Elementary School: Parker

Junior High School:

Senior High School: Rutherford
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. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3600 Basal St, Panama City, FL, 32404	$303,790	3	2	--
TBD Plantation Drive, Panama City, FL, 32404	$699,000	--	--	--
9410 Pembrook Place, Panama City, FL, 32404	$279,000	3	2	--
9027 Crook Hollow Road, Panama City, FL, 32404	$523,000	3	3	--
9121 Crook Hollow Road, Panama City, FL, 32404	$259,900	3	2	--
10742 S Fork Loop, Panama City, FL, 32404	$194,900	3	2	--
13322 Airway Street, Panama City, FL, 32404	$578,124	3	3	--
13119 Airway Street, Panama City, FL, 32404	$799,000	4	3	--
1806 Highway 2297, Panama City, FL, 32404	$279,900	3	2	--
1849 Mallard Drive, Panama City, FL, 32404	$195,000	3	2	--

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Navarre Area Board of REALTORS®. The information being provided is 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. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Navarre Area Board of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/08/2026 @ 15:38

MLS: 999484 LISTED BY: Savannah Hamilton, Paradise Properties SOURCE: Navarre Area Board of REALTORS