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For sale
  • $750,000

    4517 Sunset Dr, Panama City, FL 32404

    3beds
    1,875sqft
    : 
    $4,713/mo
    Get pre-qualified
    Single Family Residence
    Built in 1966
    0.45 Acres Lot
    $703,300 Zestimate®
    $400/sqft
    $-- HOA

    What's special

    Nearly half-acre propertyBonus denComfortable layoutPeaceful natural surroundingsFormal dining room
    Unique piece of paradise tucked away in a quiet, tranquil neighborhood directly across the bay from Tyndall Air Force Base. This well-maintained and updated 3-bedroom, 2-bath ranch-style home offers a comfortable layout with a separate living room, formal dining room, bonus den, and enclosed heated and cooled sunroom. Oversized laundry room provides storage with easy access. The primary bedroom has a bay view and it's own private entry. The nearly half-acre property features 95 feet of bay frontage with Gulf access, creating the perfect setting for waterfront living. Relax on the deck at the water's edge, fish, watch dolphins play, or simply enjoy the peaceful natural surroundings. A fish-cleaning station is conveniently located at the waterfront. The long driveway and additional parking along the property line provide plenty of space for a boat, jet skis, camper, and other recreational toys. A public boat launch is less than 2 miles away. Solar panels will be paid in full at closing, helping provide the new owners with a lower monthly power bill. Conveniently located just minutes from Tyndall Air Force Base and approximately 15 minutes from downtown Panama City, this property offers the perfect combination of peaceful waterfront living and easy access to shopping, dining, entertainment, and work. Bayfront properties with this much land, parking, and Gulf access are a rare find!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Beth H Arnold 850-235-4444,

    Seashore Realty LLC

    Source: CPAR,MLS#: 794084MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room, Bedroom, Dining Room, Laundry, Living Room, Porch, Sunroom
      Bedroom
      • Level: First
      • Dimensions: 16 x 13
      Bedroom
      • Dimensions: 116 x 106
      Bedroom
      • Dimensions: 116 x 106
      Bonus room
      • Dimensions: 174 x 16
      Dining room
      • Level: First
      • Dimensions: 19 x 11.7
      Laundry
      • Level: First
      • Dimensions: 15 x 10
      Living room
      • Level: First
      • Dimensions: 16 x 11
      Porch
      • Level: First
      • Dimensions: 5 x 5
      Sunroom
      • Level: First
      • Dimensions: 13 x 11
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s), Wall Unit(s)
      Appliances
      • Included: Electric Cooktop, Electric Range, Electric Water Heater
      Features
      • Shower Only
      Interior area
      • Total structure area: 1,875
      • Total interior livable area: 1,875 sqft

      Property

      Parking
      • Parking features: Additional Parking, No Garage
      Features
      • Stories: 1
      • Patio & porch: Deck, Open, Porch
      • Exterior features: Covered Patio
      • Fencing: Partial
      • On waterfront: Yes
      • Waterfront features: Bayfront, Shoreline - Natural
      • Frontage length: 94 ft
      Lot
      • Size: 0.45 Acres
      • Dimensions: 100.0 ft x 195.0 ft
      Details
      • Additional structures: Other
      • Parcel number: 26184000000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Point Donaldson 2nd
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $400/sqft
      • Tax assessed value: $293,409
      • Annual tax amount: $3,609
      • Date on market: 8/14/2026

        Estimated market value

        $703,300

        $668,000 - $738,000

        $2,120/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$750,000+177.8%$400/sqft
        Source: CPAR #794084 Report a problem
        1/31/2017Sold$270,000-1.8%$144/sqft
        Source: CPAR #646446 Report a problem
        10/30/2016Listing removed$275,000$147/sqft
        Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #646446 Report a problem
        8/26/2016Price change$275,000-8%$147/sqft
        Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #646446 Report a problem
        5/20/2016Price change$299,000-6.6%$159/sqft
        Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #646446 Report a problem
        11/5/2015Listed for sale$320,000+470.4%$171/sqft
        Source: Counts Real Estate Group #637710 Report a problem
        8/21/2000Sold$56,100$30/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,491 +2.2%$290,440 +3%
        2023$3,418 +36.5%$281,981 +14.5%
        2022$2,504 $246,273
        2021-- --
        2020$1,846 +0.7%$173,609 +0.5%
        2019$1,834 $172,792 -25%
        2018$1,834 -26.2%$230,387 +15.8%
        2017$2,486 +13.5%$198,879 +2.8%
        2016$2,190 -4.2%$193,379 -0.3%
        2015$2,287 $193,884 -0.3%
        2014$2,287 $194,389 -9.1%
        2013-- $213,795 -1.2%
        2012-- $216,495 -0.5%
        2011-- $217,505 -15.5%
        2010-- $257,430 +187.9%
        2009-- $89,419 +0.1%
        2008-- $89,330 +3%
        2007-- $86,728 +2.5%
        2006-- $84,613 +3%
        2005-- $82,149 +3%
        2004-- $79,756 +14.6%
        2003-- $69,600 +2.4%
        2002-- $67,969 +1.6%
        2001-- $66,899 +2.2%
        2000-- $65,431
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.

        Climate risks

        Neighborhood: 32404

        Getting around

        1 / 100
        Car-Dependent
        13 / 100
        Minimal Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tyndall Academy
        • Middle: Rutherford Middle
        • High: Rutherford

        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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