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For sale
    • Price cut: $10.9K (7/28)
    $289,000

    4508 Brook Forest Dr, Panama City, FL 32404

    3beds
    1,974sqft
    : 
    $1,837/mo
    Get pre-qualified
    Single Family Residence
    Built in 1984
    0.28 Acres Lot
    $284,700 Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Pull-through driveway
    Own an affordable waterfront-access property in a sought-after neighborhood on Mill Bayou. This 3-bedroom, 2-bath home is ready for its next owner. The spacious open living area features a wood-burning fireplace with a floor-to-ceiling stone surround and wood-accented ceilings that extend to the second floor. Tile and carpet flooring run throughout the first floor, and wood stairs lead upstairs to an oversized loft bedroom overlooking the living room and primary suite. The first-floor bonus room could serve as a fourth bedroom, office, family room, or be combined to create a second primary suite. Brand-new carpet has been installed in all bedrooms and the first-floor bonus room. For added peace of mind, a whole-house Generac generator was installed in February 2021; the gas tank services the generator only. Parking is easy with a 2-car garage, pull-through driveway, and an additional storage building behind the garage. Recent updates include the roof (2021), water heater (2023), HVAC (2021), windows (2013), artesian well pump (2022), Bosch dishwasher (2022), and stove and refrigerator (2021). The property once had a dock, which could potentially be restored for use with a small Jon boat, kayak, canoe, or jet ski, with direct backyard access to the water. Priced to allow for cosmetic updates and general repairs, this home could become the waterfront retreat you've been dreaming of. Schedule your showing today to see all it has to offer. While all information is believed to be accurate, buyers should verify any details of importance.
    68 days
    |
    1,733
    |
    142
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Laina Dillman 972-743-9499,

    Lifes A Beach Real Estate, LLC

    Source: CPAR,MLS#: 791212MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office
      Primary bedroom
      • Level: Second
      • Dimensions: 15.5 x 13.1
      Bedroom
      • Level: First
      • Dimensions: 12 x 10.25
      Bedroom
      • Level: Second
      • Dimensions: 17.25 x 15.5
      Primary bathroom
      • Level: Second
      • Dimensions: 15.5 x 13.25
      Dining room
      • Level: First
      • Dimensions: 15.33 x 9
      Other
      • Level: First
      • Dimensions: 7.5 x 5
      Kitchen
      • Level: First
      • Dimensions: 12.5 x 10.6
      Laundry
      • Level: First
      • Dimensions: 11.75 x 5
      Living room
      • Level: First
      • Dimensions: 22.25 x 14
      Office
      • Level: First
      • Dimensions: 12 x 11.42
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Upper Level Primary
      Interior area
      • Total structure area: 1,974
      • Total interior livable area: 1,974 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Paved
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Patio
      • Exterior features: Patio
      • On waterfront: Yes
      • Waterfront features: Bayou
      • Frontage length: 88 Ft.
      Lot
      • Size: 0.28 Acres
      • Dimensions: 106.0 ft x 115.0 ft
      • Features: Paved
      Details
      • Additional structures: Garage(s), Shed(s)
      • Parcel number: 11514031000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Brook Forest U-1
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $146/sqft
      • Tax assessed value: $246,802
      • Annual tax amount: $3,040
      • Date on market: 6/24/2026
      • Cumulative days on market: 69 days
      • Electric utility on property: Yes

        Estimated market value

        $284,700

        $270,000 - $299,000

        $2,639/mo

        Price history

        DateEventPrice
        7/28/2026Price change$289,000-3.6%$146/sqft
        Source: CPAR #791212 Report a problem
        6/24/2026Listed for sale$299,900$152/sqft
        Source: CPAR #791212 Report a problem
        6/17/2026Pending sale$299,900$152/sqft
        Source: CPAR #791212 Report a problem
        6/12/2026Listed for sale$299,900+3.4%$152/sqft
        Source: CPAR #791212 Report a problem
        10/17/2023Sold$290,000-3.3%$147/sqft
        Source: CPAR #745418 Report a problem
        10/6/2023Pending sale$299,999$152/sqft
        Source: CPAR #745418 Report a problem
        9/13/2023Contingent$299,999$152/sqft
        Source: CPAR #745418 Report a problem
        9/1/2023Price change$299,999-7.7%$152/sqft
        Source: CPAR #745418 Report a problem
        8/18/2023Listed for sale$324,999$165/sqft
        Source: CPAR #745418 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,088 +84.3%$246,802 +45.5%
        2023$1,675 +11.5%$169,631 +3%
        2022$1,502 $164,690
        2021-- --
        2020$1,389 -1.4%$149,851 -1.2%
        2019$1,408 $151,653 -6.8%
        2018$1,408 -10.1%$162,778 -3.9%
        2017$1,566 -6.6%$169,323 +1.3%
        2016$1,677 -3.7%$167,216 +0.7%
        2015$1,742 $166,054 +0.8%
        2014$1,742 $164,736 +1.5%
        2013-- $162,301 -1.3%
        2012-- $164,376 +6.1%
        2011-- $154,939 +1.5%
        2010-- $152,649 +2.7%
        2009-- $148,636 +0.1%
        2008-- $148,488 +3%
        2007-- $144,163 +2.5%
        2006-- $140,647 +3%
        2005-- $136,550 +3%
        2004-- $132,573 +6.1%
        2003-- $124,932 +17.6%
        2002-- $106,265
        2001-- $106,265 +3%
        2000-- $103,207
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32404

        Getting around

        7 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Deer Point
        • Middle: Merritt Brown
        • High: Mosley

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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