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For sale
    • $2,950,000

    5 Blue Crab Ln, Panama City Beach, FL 32413

    4beds
    4,939sqft
    : 
    $19,191/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.9 Acres Lot
    $2,645,900 Zestimate®
    $597/sqft
    $75/mo HOA

    What's special

    Screened poolBoat slipHeated and cooled garageCustom fireplacePrivate dockOpen gourmet kitchenLarge deck
    Tucked along the quiet shoreline of Lake Powell, this spacious home offers a rare mix of privacy, comfort, and everyday livability. With 5 bedrooms, 5 bathrooms, and over 4,600 square feet, this home welcomes you with its soaring multi-level design and expansive outdoor areas tailored for both relaxation and grand entertaining. Set on nearly an acre along beautiful Lake Powell with 147 feet of pristine dune lake frontage, the property feels private and peaceful while still being close to the beach and the rest of Panama City Beach. Inside, you'll find an open gourmet kitchen and working pantry that connects easily to the main living areas, a custom fireplace, and plenty of natural light. Spacious bedrooms throughout the home provide flexibility for family and guests, and the expansive third-floor deck has the best views on the lake. With its own private dock, the lake becomes an extension of the backyard. Step outside to enjoy the screened pool, large deck, boat slip, and parking for up to ten vehicles. Recent updates include a new roof in 2025 and a heated and cooled garage. With exquisite craftsmanship throughout and panoramic lake views from nearly every vantage point, this property is a rare gem for discerning buyers seeking coastal elegance and lakefront living. Located in the gated community of Palmetto Bluff, residents enjoy a large neighborhood green space and community dock. Recently appraised at $4.2 million, this home is priced to sell.
    103 days
    |
    448
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Kiefer 850-830-2843,

    Holiday Beach Real Estate Inc

    Source: CPAR,MLS#: 780535MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 5
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Living Room
      Bedroom
      • Description: Main Level
      • Level: Second
      • Dimensions: 18 x 20
      Bedroom
      • Description: Upper Level
      • Level: Third
      • Dimensions: 13 x 21
      Bedroom
      • Description: Upper Level
      • Level: Third
      • Dimensions: 11 x 13
      Bedroom
      • Description: Upper Level
      • Level: Third
      • Dimensions: 13 x 35
      Family room
      • Description: Main Level
      • Level: Second
      • Dimensions: 33 x 14
      Kitchen
      • Description: Main Level
      • Level: Second
      • Dimensions: 17 x 37
      Living room
      • Description: Main Level
      • Level: Second
      • Dimensions: 20 x 24
      Heating
      • Electric
      Cooling
      • Central Air
      Interior area
      • Total structure area: 4,939
      • Total interior livable area: 4,939 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Deck
      • Exterior features: Boat Slip, Deck
      • Has private pool: Yes
      • Pool features: Screen Enclosure, Private
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, Lake Front
      Lot
      • Size: 0.9 Acres
      • Dimensions: 150 x 247
      Details
      • Parcel number: 35277010000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Palmetto Bluff
      HOA
      • Has HOA: Yes
      • Services included: Security
      • HOA fee: $900 annually
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $597/sqft
      • Tax assessed value: $873,871
      • Annual tax amount: $8,049
      • Date on market: 5/11/2026
      • Cumulative days on market: 210 days
      • Electric utility on property: Yes

        Estimated market value

        $2,645,900

        $2.51M - $2.80M

        $6,412/mo

        Price history

        DateEventPrice
        5/11/2026Listed for sale$2,950,000-25.3%$597/sqft
        Source: CPAR #780535 Report a problem
        4/14/2026Listing removed$3,950,000$800/sqft
        Source: CPAR #780535 Report a problem
        2/3/2026Price change$3,950,000-1.3%$800/sqft
        Source: CPAR #780535 Report a problem
        10/17/2025Listed for sale$4,000,000-35.5%$810/sqft
        Source: CPAR #780535 Report a problem
        2/1/2024Listing removed--
        Source: CPAR #737773 Report a problem
        2/18/2023Listed for sale$6,200,000$1,255/sqft
        Source: CPAR #737773 Report a problem
        12/4/2022Listing removed--
        Source: CPAR #719742 Report a problem
        9/7/2022Listed for sale$6,200,000$1,255/sqft
        Source: CPAR #719742 Report a problem
        5/14/2022Listing removed--
        Source: CPAR #719742 Report a problem
        12/3/2021Listed for sale$6,200,000+56263.6%$1,255/sqft
        Source: CPAR #719742 Report a problem
        10/24/2016Sold$11,000-97.3%$2/sqft
        Source: Public Record Report a problem
        9/12/2012Sold$405,000-10.6%$82/sqft
        Source: ECAOR #532257 Report a problem
        4/21/2012Listing removed$453,100$92/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        3/27/2012Price change$453,100-6%$92/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        3/14/2012Price change$482,000-2.6%$98/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        9/24/2011Price change$495,000+13.8%$100/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        10/22/2010Price change$435,000-12.8%$88/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        7/3/2010Price change$499,000-23.1%$101/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        4/17/2010Price change$649,000-7.2%$131/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        3/13/2010Price change$699,000-12.5%$142/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        2/20/2010Price change$799,000-11.1%$162/sqft
        Source: BEACHY BEACH INC #532257 Report a problem
        1/16/2010Listed for sale$899,000+799%$182/sqft
        Source: Beachy Beach Real Estate #402304 Report a problem
        7/30/2009Sold$100,000-81.9%$20/sqft
        Source: Public Record Report a problem
        3/15/2002Sold$553,000$112/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,049 +1.4%$690,929 +3%
        2023$7,939 +11.3%$670,805 +3%
        2022$7,132 $651,267
        2021-- --
        2020$7,167 +1.2%$623,568 +2.3%
        2019$7,083 $609,548 +1.9%
        2018$7,083 +0.4%$598,183 +3.1%
        2017$7,055 +2.5%$580,441 +2.1%
        2016$6,883 -1.7%$568,502 +0.7%
        2015$7,004 $564,550 +0.8%
        2014$7,004 $560,069 +1.5%
        2013-- $551,792 -9.7%
        2012-- $611,253 -18.9%
        2011-- $753,287 -0.6%
        2010-- $757,832 -20.2%
        2009-- $949,961 -8.6%
        2008-- $1,039,759 +3%
        2007-- $1,009,475 -43.4%
        2006-- $1,784,281 +86.6%
        2005-- $956,169 +89.5%
        2004-- $504,604 +0.2%
        2003-- $503,394 +34.9%
        2002-- $373,122
        2001-- $373,122 +6.2%
        2000-- $351,433
        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: 32413

        Getting around

        14 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Bay
        • Middle: Surfside
        • High: Arnold

        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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