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5527 Lakewood Circle

PANAMA CITY, FL 32404
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SqFt31,320

Sqft(Lot)

Acres0.72

Acre(Lot)

Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Fo rce Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.

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Detail Ic Property Details

Property Type : Land

Price : $96,000

AD Id : 87997837

MLS Id : MFRTB8528945

Lot Size : 0.72 Acre(Lot)

Living Area Size : 31,320

County : Bay

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Feature Features

  • Water Source

    WaterSource: Well Required

  • Lot Information

    Lot Dimensions: 245x100 Lot Square Feet: 31320 Lot Acres: 0.72 Lot Size (SqMt): 2910

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$96000

  • Tax Information

    Tax Block: 0/1 Tax Book Number: 460/4843 Tax Lot: 8 Tax Legal Description: LAKEWOOD MANOR U-1 REPLAT LOT 8 ORB 1322 P 168 Annual Tax: $482 Tax Year: 2025 Parcel Number: 05640-327-000

  • Utility Information

    Electricity Available Sewer: Septic Needed Water Source: Well Required
  • Location Information

    Subdivision: LAKEWOOD MANOR UN ONE RE City: PANAMA CITY Direction: Driving Directions to 5527 Lakewood Circle, Panama City, FL 32404 From US-231 (N Tyndall Parkway), head east on State Road 22 (E 15th Street) toward Callaway. Continue approximately 5 miles, then turn left onto Lakewood Circle. Follow Lakewood Circle through the neighborhood for about 0.4 miles. The property will be on the left-hand side, adjacent to the neighboring lot being sold as part of the package.
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Nearby Home Value

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Laura Bluff Road, Panama City, FL, 32404 $999,999 -- -- -- 86.61 Acres(Lot)
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10342 Heather Lane, Panama City, FL, 32404 $175,000 -- -- -- 11.60 Acres(Lot)
Allanton Road, Panama City, FL, 32404 $2,150,000 -- -- -- 307 Acres(Lot)
PARCEL 1 Allanton Road, Panama City, FL, 32404 $612,000 -- -- -- 100 Acres(Lot)
PARCEL 2 Allanton Road, Panama City, FL, 32404 $612,000 -- -- -- 102 Acres(Lot)
PARCEL 3 Allanton Road, Panama City, FL, 32404 $618,000 -- -- -- 103 Acres(Lot)
00 Allanton Road, Panama City, FL, 32404 $3,750,000 -- -- -- 167 Acres(Lot)
3 LOTS Allanton Road, Panama City, FL, 32404 $760,000 -- -- -- 1.99 Acres(Lot)
Old Allanton Road, Panama City, FL, 32404 $21,000,000 -- -- 27,553,573 632.54 Sqft(Lot)
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ByOwner last updated this listing 07/15/2026 @ 18:20

MLS: MFRMLS #TB8528945 LISTED BY: Clarence Fields, FIELDS OF PROSPER LLC 813-424-0643 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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