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Lot/land
  • Price cut: $10K (8/18)
    $89,900

    4813 S Lakewood Dr, Panama City, FL 32404

    --beds
    --baths
    0.67Acres
    Unimproved Land
    Built in ----
    0.67 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Quiet lakefront livingPrivacy and spaceDirect water access
    Wake up to peaceful waterfront views on Lake Martin with this rare 0.67-acre lakefront homesite in Panama City, FL. Offering direct water access, this property is ideal for building your custom home while enjoying kayaking, fishing, and quiet mornings right from your backyard. Set within an established residential area with surrounding homes already in place, this lot provides both a clear vision for future development and a sense of community, while still offering privacy and space to create your own waterfront retreat. The property features a functional layout with plenty of room for a custom home, outdoor living areas, and more. Conveniently located just minutes from Tyndall Air Force Base, shopping, dining, schools, and the waters of St. Andrew Bay, this location combines quiet lakefront living with everyday convenience. With no HOA, you will enjoy fewer restrictions and more flexibility to build. Whether you're searching for lakefront land, a waterfront homesite, or an investment opportunity in Bay County, this property offers both lifestyle appeal and long-term value. Don't miss your chance to own waterfront property on Lake Martin. Schedule your showing today.
    165 days
    182
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Raymond B Williams PA 850-276-9023,

    Think Real Estate

    Source: CPAR,MLS#: 787077MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake
      Lot
      • Size: 0.67 Acres
      • Dimensions: 130'+- x 298'+- x 74.7'+- x 285'+-
      • Features: Paved
      Details
      • Parcel number: 25078010000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Utilities & green energy

      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Subdivision: Lakewood
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Tax assessed value: $58,810
      • Annual tax amount: $847
      • Date on market: 3/20/2026
      • Cumulative days on market: 440 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,143/mo

        Price history

        DateEventPrice
        8/18/2026Price change$89,900-10%
        Source: CPAR #787077 Report a problem
        3/20/2026Listed for sale$99,900-16.6%
        Source: CPAR #787077 Report a problem
        3/2/2026Listing removed$119,800
        Source: CPAR #778484 Report a problem
        9/3/2025Listed for sale$119,800
        Source: CPAR #778484 Report a problem
        8/23/2025Listing removed$119,800
        Source: CPAR #773449 Report a problem
        7/17/2025Price change$119,800-0.1%
        Source: CPAR #773449 Report a problem
        6/9/2025Price change$119,900-7.8%
        Source: CPAR #773449 Report a problem
        5/14/2025Listed for sale$130,000+372.7%
        Source: CPAR #773449 Report a problem
        6/1/1994Sold$27,500
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$822 +5.6%$58,810 +9.6%
        2023$778 +56.8%$53,656 +10%
        2022$496 $48,778
        2021-- --
        2020$480 +1.5%$45,130 +1.3%
        2019$473 $44,560
        2018$473 -1.6%$44,560
        2017$481 -2%$44,560 +0.2%
        2016$491 -6.4%$44,460
        2015$524 $44,460
        2014$524 $44,460
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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

        20 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Parker
        • Middle: Everitt
        • High: Rutherford

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

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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