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For sale
  • Price cut: $25K (8/4)
    $440,000

    5116 Blue Harbor Dr, Panama City, FL 32404

    3beds
    2,355sqft
    : 
    $3,013/mo
    Get pre-qualified
    Townhouse
    Built in 2000
    -- sqft lot
    $433,200 Zestimate®
    $187/sqft
    $215/mo HOA

    What's special

    Cozy fireplaceTwo-car garageSpacious backyardBreathtaking bayou viewsLight-filled interiorJacuzzi tubStorm shutters
    Experience the ultimate coastal lifestyle in this stunning end-unit townhome, where breathtaking bayou views and premium amenities create the perfect Florida haven. This two-story gem boasts a private boat slip and a spacious backyard, offering a seamless blend of comfort and waterfront charm. The light-filled interior features updated flooring, a cozy fireplace, and an expansive open layout designed for entertaining, complete with a convenient downstairs half bath. Upstairs, the massive waterfront primary suite serves as a true retreat, featuring a private balcony for soaking in serene sunsets, a huge walk-in closet, and an ensuite with his-and-hers vanities, a jacuzzi tub, and a separate walk-in shower. Practicality meets peace of mind with a two-car garage, storm shutters, and a 2019 metal roof. Perfectly situated just minutes from Tyndall AFB, shopping, and dockside dining--some even accessible by boat--this home is an unbeatable find for year-round living or a weekend escape. Tour today!
    159 days
    291
    17

    Zillow last checked:

    Listing updated:

    Listed by:

    Adrian M Jacob 832-381-4670,

    Redfin Corporation

    Source: CPAR,MLS#: 787303MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Great Room, Kitchen, Primary Bedroom, Bonus Room
      Primary bedroom
      • Level: Second
      • Dimensions: 23 x 19
      Bedroom
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom
      • Level: Second
      • Dimensions: 12 x 10
      Bonus room
      • Level: Second
      • Dimensions: 11 x 7
      Great room
      • Level: First
      • Dimensions: 26 x 22
      Kitchen
      • Level: First
      • Dimensions: 26 x 22
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Double Vanity, Interior Steps, Jetted Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,355
      • Total interior livable area: 2,355 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony, Deck, Covered, Porch
      • Exterior features: Boat Slip, Covered Patio, Dock
      • Has spa: Yes
      • Has view: Yes
      • View description: Bayou, Water
      • Has water view: Yes
      • Water view: Bayou,Water
      • Waterfront features: Bayou
      • Frontage length: 31
      Lot
      • Dimensions: 31 x 159 x 30 x 156
      • Features: Sprinkler System, Paved
      Details
      • Parcel number: 25816013000
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2000

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Dock, Short Term Rental Allowed
      • Security: Smoke Detector(s)
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Slip
      • Services included: Association Management, Legal/Accounting, Maintenance Grounds, Trash
      • HOA fee: $215 monthly
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $187/sqft
      • Tax assessed value: $380,585
      • Annual tax amount: $5,733
      • Date on market: 3/24/2026
      • Cumulative days on market: 160 days
      • Electric utility on property: Yes

        Estimated market value

        $433,200

        $412,000 - $455,000

        $2,794/mo

        Price history

        DateEventPrice
        8/4/2026Price change$440,000-5.4%$187/sqft
        Source: CPAR #787303 Report a problem
        6/30/2026Price change$465,000-2.1%$197/sqft
        Source: CPAR #787303 Report a problem
        5/1/2026Price change$475,000-1%$202/sqft
        Source: CPAR #787303 Report a problem
        3/30/2026Price change$480,000-5.9%$204/sqft
        Source: CPAR #787303 Report a problem
        3/24/2026Listed for sale$509,900-1%$217/sqft
        Source: CPAR #787303 Report a problem
        1/1/2026Listing removed$515,000$219/sqft
        Source: CPAR #773318 Report a problem
        10/18/2025Price change$515,000-1.9%$219/sqft
        Source: CPAR #773318 Report a problem
        6/3/2025Price change$525,000-7.9%$223/sqft
        Source: CPAR #773318 Report a problem
        5/11/2025Listed for sale$570,000$242/sqft
        Source: CPAR #773318 Report a problem
        4/1/2025Listing removed$570,000$242/sqft
        Source: CPAR #762953 Report a problem
        2/28/2025Price change$570,000-5%$242/sqft
        Source: CPAR #762953 Report a problem
        9/20/2024Listed for sale$600,000+88.1%$255/sqft
        Source: CPAR #762953 Report a problem
        10/29/2018Listing removed$319,000$135/sqft
        Source: ERA Neubauer Real Estate, Inc. #675304 Report a problem
        9/2/2018Price change$319,000-3%$135/sqft
        Source: ERA Neubauer Real Estate, Inc. #675304 Report a problem
        8/16/2018Listed for sale$329,000+144.6%$140/sqft
        Source: ERA Neubauer Real Estate, Inc. #675304 Report a problem
        4/10/2001Sold$134,500$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,593 +8.8%$297,083 +10%
        2023$4,222 +67.8%$270,075 +9.1%
        2022$2,516 $247,523
        2021-- --
        2020$2,706 +14.3%$245,401 +10%
        2019$2,368 $223,092 -15.9%
        2018$2,368 -17.2%$265,113 +20.6%
        2017$2,861 +59.3%$219,742 +2.1%
        2016$1,796 -3.5%$215,222 +0.7%
        2015$1,861 $213,726 +0.8%
        2014$1,861 $212,030 +1.5%
        2013-- $208,897 -1.3%
        2012-- $211,567 +6.1%
        2011-- $199,422 +1.5%
        2010-- $196,475 +2.7%
        2009-- $191,310 +0.1%
        2008-- $191,119 +3%
        2007-- $185,552 +2.5%
        2006-- $181,026 +3%
        2005-- $175,753 +3%
        2004-- $170,634 +3.1%
        2003-- $165,490 +2.4%
        2002-- $161,611
        2001-- $161,611
        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.
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        Climate risks

        Neighborhood: 32404

        Getting around

        26 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        33 / 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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