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For sale
  • $625,000

    5045 E Highway 98, Panama City, FL 32404

    5beds
    1,800sqft
    : 
    $3,973/mo
    Get pre-qualified
    Single Family Residence
    Built in 1930
    0.28 Acres Lot
    $593,500 Zestimate®
    $347/sqft
    $-- HOA

    What's special

    Luxury materialsModern amenitiesUnique detailsSuperb craftsmanshipGorgeous granite countertopsHigh ceilingsLarge covered porch
    Welcome to this one-of-a-kind custom home with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Spacious living and open area for everyone, and lots of options for 5 bedrooms! The open living area with new kitchen will impress when entertaining, with gorgeous granite countertops and all new kitchen and stainless appliances. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Head on out to your new fireplace veranda for quiet night by the fire. Plenty off room for a pool or an additional storage building! A fully fenced yard for your privacy and security. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. Close proximity to Tyndall Air Force Base is great for future rentals, or customers! Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furniture is virtually staged except for a few pieces that are negotiable.
    158 days
    |
    84
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dennis Nelson 850-348-8262,

    Keller Williams Success Realty

    Source: CPAR,MLS#: 786756MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Living Room
      Bedroom
      • Level: First
      • Dimensions: 13 x 11.5
      Bedroom
      • Level: First
      • Dimensions: 13 x 11.5
      Bedroom
      • Level: First
      • Dimensions: 13 x 11
      Bedroom
      • Level: First
      • Dimensions: 13 x 11.5
      Bedroom
      • Level: First
      • Dimensions: 15 x 11.5
      Kitchen
      • Level: First
      • Dimensions: 10 x 17
      Living room
      • Level: First
      • Dimensions: 13 x 21
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Water Heater
      Features
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,800
      • Total interior livable area: 1,800 sqft

      Property

      Features
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Patio, Fire Pit
      • Fencing: Fenced,Privacy
      Lot
      • Size: 0.28 Acres
      • Dimensions: 135' x 110'
      Details
      • Parcel number: 25249070000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: W H Parker
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $347/sqft
      • Tax assessed value: $113,492
      • Annual tax amount: $1,723
      • Date on market: 3/13/2026
      • Cumulative days on market: 86 days

        Estimated market value

        $593,500

        $564,000 - $623,000

        $2,146/mo

        Price history

        DateEventPrice
        3/13/2026Listed for sale$625,000+812.4%$347/sqft
        Source: CPAR #786756 Report a problem
        10/17/2022Sold$68,500+280.6%$38/sqft
        Source: Public Record Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/30/2012Listing removed$1,250$1/sqft
        Source: Owner Report a problem
        8/30/2012Listed for rent$1,250$1/sqft
        Source: Owner Report a problem
        8/29/2012Sold$18,000$10/sqft
        Source: CPAR #504975 Report a problem
        4/19/2012Price change$18,000-44.8%$10/sqft
        Source: COASTAL CONCEPTS REALTY Report a problem
        3/26/2012Listed for sale$32,600$18/sqft
        Source: COASTAL CONCEPTS REALTY Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,585 +8.5%$113,492 +9.8%
        2023$1,462 +146.1%$103,358 +109.4%
        2022$594 $49,367
        2021-- --
        2020$405 +1.2%$37,452 -0.6%
        2019$400 $37,667 -11.6%
        2018$400 -13.1%$42,620 +0.6%
        2017$460 -1.5%$42,383 -1.1%
        2016$467 -7.7%$42,844 -0.1%
        2015$506 $42,869 -1.1%
        2014$506 $43,330 -1.1%
        2013-- $43,792 -32.5%
        2012-- $64,831 -23.8%
        2011-- $85,117 +28.4%
        2010-- $66,277 +2.7%
        2009-- $64,535 +0.1%
        2008-- $64,471 +3%
        2007-- $62,593 +2.5%
        2006-- $61,066 +4.6%
        2005-- $58,355 +3%
        2004-- $56,655 +6.5%
        2003-- $53,198 +2.4%
        2002-- $51,951 +1.6%
        2001-- $51,133 +0.8%
        2000-- $50,734
        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.

        Climate risks

        Neighborhood: 32404

        Getting around

        27 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

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