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Sold for $340,000
  • $340,000

    5514 Lakewood Cir, Panama City, FL 32404

    2beds
    1,850sqft
    Single Family Residence
    Built in 1995
    0.48 Acres Lot
    $-- Zestimate®
    $184/sqft
    $2,080 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,080/mo

    Zestimate® history
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    What's special

    UNDER CONTRACT, TAKING BACK UP OFFERS. Charming 2-Bed, 2-Bath Home on Nearly Half an Acre - Country Living Close to Town! Welcome to your peaceful retreat with all the convenience of city proximity! This well-maintained 2-bed, 2-bath home sits on almost half an acre, offering the perfect blend of privacy and accessibility. Enjoy your very own outdoor oasis featuring a sparkling pool, artesian well, and plenty of space to entertain, sing your heart out doing karaoke or just relax. A detached 14x20 workshop includes a climate controlled office area, ideal for remote work, hobbies, or a small business. Additional separate storage is perfect for tools, lawn equipment, and more. Inside, you'll find thoughtful details like crown molding, chair rail trim, and a cozy, functional layout. This property is perfect for those looking to spread out, unwind, and still be just minutes from town, shops, and dining. 📍 Nearly 1/2 acre 🛏 2 Bedrooms | 🛁 2 Bathrooms 💦 Artesian well + Pool 🔧 Workshop with A/C office + extra storage 🌳 Tranquil, country feel with city convenience Don't miss this rare gem—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Redfern 850-832-4003,

    Think Real Estate

    Bought with:

    Angela M Feria, SL3481029

    Foundation Real Estate Agency LLC

    Source: CPAR,MLS#: 775725MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Kitchen, Primary Bedroom, Bonus Room
    Primary bedroom
    • Level: First
    • Dimensions: 12.6 x 15.4
    Bonus room
    • Level: First
    • Dimensions: 14.4 x 16.7
    Kitchen
    • Level: First
    • Dimensions: 10 x 11.8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Electric Water Heater, Water Softener Owned
    Features
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,850
    • Total interior livable area: 1,850 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Full Bath
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Open, Porch
    • Exterior features: Patio
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Fencing: Fenced,Privacy
    Lot
    • Size: 0.48 Acres
    • Features: Sprinkler System, Paved
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 05640341000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1995

    Community & HOA

    Community
    • Subdivision: Lakewood Manor U-1
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $234,427
    • Annual tax amount: $771
    • Date on market: 7/2/2025
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    8/29/2025Sold$340,000-8.1%$184/sqft
    Source: CPAR #775725 Report a problem
    7/8/2025Contingent$370,000$200/sqft
    Source: CPAR #775725 Report a problem
    7/2/2025Listed for sale$370,000$200/sqft
    Source: CPAR #775725 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$771 +3.1%$98,428 +3%
    2023$748 +11.3%$95,561 +3%
    2022$672 $92,778
    2021-- --
    2020$656 +3.1%$88,832 +1.8%
    2019$636 $87,286 +1.9%
    2018$636 +1.4%$85,658 +2.1%
    2017$627 +1.4%$83,896 +2.1%
    2016$619 -1.7%$82,170 +0.7%
    2015$629 $81,599 +0.8%
    2014$629 $80,951 +1.5%
    2013-- $79,755 -1.3%
    2012-- $80,775 +6.1%
    2011-- $76,138 +1.5%
    2010-- $75,013 +18.2%
    2009-- $63,462 +0.1%
    2008-- $63,399 +3%
    2007-- $61,552 +2.5%
    2006-- $60,038 +3%
    2005-- $58,289 +3%
    2004-- $56,591 +1.9%
    2003-- $55,536 +2.4%
    2002-- $54,234 +1.6%
    2001-- $53,380 -4.4%
    2000-- $55,826
    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tommy Smith
    • Middle: Merritt Brown
    • 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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