Spacious 3-bedroom, 3-bath block home offering over 1,800 square feet of living space, built in 1974 and situated on a generous 0.40-acre lot in the desirable Highpoint area. Located less than one mile from the Deerpoint Lake boat landing, this property offers easy access to boating, fishing, and outdoor recreation.
The home features a large family room with plenty of space for gatherings and everyday living. While the property is in need of renovations and updates, it appears fully functional as-is, making it an excellent opportunity for investors or buyers looking to customize and add value.
With solid block construction, a spacious layout, and a prime location near the lake, this home has tremendous potential.
*Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*
Sold for $155,000
$155,000
4518 Tropical Dr, Panama City, FL 32404
3beds
1,842sqft
Single Family Residence
Built in 1974
0.4 Acres Lot
$-- Zestimate®
$84/sqft
$2,498 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,498/mo
Zestimate® history
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Spacious layout
Zillow last checked:
Listing updated:
Listed by:
MaryAnn Enfinger 850-832-5263,
Overstreet Realty
Bought with:
Kim Limmer
Coastal Palms Real Estate
Source: CPAR,MLS#: 785043
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Family Room, Kitchen, Bonus Room
Bedroom
- Dimensions: 10 x 10
Family room
- Dimensions: 12 x 18
Kitchen
- Dimensions: 8 x 10
Heating
- Central, Electric
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,842
- Total interior livable area: 1,842 sqft
Property
Features
- Stories: 1
- Patio & porch: Covered, Porch
Lot
- Size: 0.4 Acres
- Dimensions: 97 x 190
- Features: Paved
Details
- Parcel number: 05487106000
- Zoning description: County, Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Deerpoint Estates
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $110,746
- Annual tax amount: $1,639
- Date on market: 3/2/2026
- Cumulative days on market: 24 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $155,000$84/sqft |
Source:  CPAR #785043 Report a problem | ||
| 3/6/2026 | Pending sale | $155,000$84/sqft |
Source: CPAR #785043 Report a problem | ||
| 3/2/2026 | Listed for sale | $155,000$84/sqft |
Source: CPAR #785043 Report a problem | ||
| 2/19/2026 | Pending sale | $155,000$84/sqft |
Source: CPAR #785043 Report a problem | ||
| 2/11/2026 | Listed for sale | $155,000+40.8%$84/sqft |
Source: CPAR #785043 Report a problem | ||
| 8/5/2025 | Sold | $110,100$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,408 +671.8% | $110,746 +75.3% |
| 2023 | $182 +5.4% | $63,178 +3% |
| 2022 | $173 | $61,338 |
| 2021 | -- | -- |
| 2020 | $332 +2.6% | $58,729 +2.3% |
| 2019 | $324 | $57,409 -36.1% |
| 2018 | $324 -47.5% | $89,877 +15.1% |
| 2017 | $618 +14.3% | $78,090 +2.1% |
| 2016 | $540 -1.4% | $76,483 +0.7% |
| 2015 | $548 | $75,951 +0.8% |
| 2014 | $548 | $75,348 +1.5% |
| 2013 | -- | $74,234 -1.3% |
| 2012 | -- | $75,182 +5.7% |
| 2011 | -- | $71,155 +1.5% |
| 2010 | -- | $70,103 +2.7% |
| 2009 | -- | $68,260 +0.1% |
| 2008 | -- | $68,192 +57% |
| 2007 | -- | $43,424 +2.5% |
| 2006 | -- | $42,365 +3% |
| 2005 | -- | $41,131 +3% |
| 2004 | -- | $39,933 +1.9% |
| 2003 | -- | $39,188 +2.4% |
| 2002 | -- | $38,270 +1.6% |
| 2001 | -- | $37,667 -4.9% |
| 2000 | -- | $39,613 |
Find assessor info on the county website
Neighborhood: 32404
Nearby homes
- $360,3003 bd2 ba1.8k sqft4510 Tropical Dr, Panama City, FL 32404Off Market
- $330,6003 bd2 ba2.1k sqft4524 Tropical Dr, Panama City, FL 32404Off Market
- $44,7260.479 AcresTropical Dr, Panama city, FL 32404Off Market
- $1,10410,018 Square FeetTropical Dr, Panama city, FL 32404Off Market
- $414,5003 bd2 ba1.9k sqft4508 Tropical Dr, Panama City, FL 32404Off Market
- $410,3003 bd2 ba1.8k sqft4433 Bluewater Dr, Panama City, FL 32404Off Market
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- $551,2004 bd3 ba2.7k sqft4528 Tropical Dr, Panama City, FL 32404Off Market
Nearby schools
GreatSchools rating
- 4/10Deer Point Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 3.3 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 6.2 mi
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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- Florida
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- 4518 Tropical Dr
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