PRIME LOCATION & ENDLESS POTENTIAL! Discover the possibilities at this unique 1.43-acre property tucked away in the peaceful Bayou George Heights community. Just a short drive to Tyndall Air Force Base and Panama City's shopping, dining, and white-sandy beaches; this property offers both convenience and tranquil surroundings - the perfect combination for investors, builders, or homeowners looking to create something special.
This property is being offered AS-IS. Featuring a sturdy block construction with a stucco exterior, a new roof (2019), and updated HVAC, this former church space is ideal for various uses. The county permits the use of this property for duplexes, single-family homes, and mobile homes.
Whether you're looking for a homesite, investment opportunity, additional space for a future build, or a property with potential for multiple residential applications, 5528 Adalee Road is worth a closer look.
For sale
$139,000
5528 Adalee Rd, Panama City, FL 32404
0beds
1,024sqft
Townhouse
Built in 1986
1.43 Acres Lot
$-- Zestimate®
$136/sqft
$-- HOA
What's special
Stucco exteriorUpdated hvac
- 551 days
- 161
- 12
Zillow last checked:
Listing updated:
Listed by:
Dina R Mendes 850-376-8145,
Destin Real Estate
Source: ECAOR,MLS#: 972273
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Other
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Cooling
- None
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Features
- Stories: 1
Lot
- Size: 1.43 Acres
Details
- Parcel number: 05638020000
- Zoning description: Mobile Home, Resid Multi-Family, Resid Single Family
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Condition
- Construction Complete
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Bayou George Hts
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $136/sqft
- Date on market: 8/20/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $139,000$136/sqft |
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| 6/8/2026 | Pending sale | $139,000$136/sqft |
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| 6/3/2026 | Price change | $139,000-4.1%$136/sqft |
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| 4/10/2026 | Price change | $145,000-2.7%$142/sqft |
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| 1/16/2026 | Price change | $149,000-6.3%$146/sqft |
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| 11/26/2025 | Price change | $159,000-3.6%$155/sqft |
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| 7/29/2025 | Price change | $165,000-2.9%$161/sqft |
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| 3/27/2025 | Listed for sale | $170,000+17.2%$166/sqft |
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| 1/14/2022 | Sold | $145,000-12.1%$142/sqft |
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| 1/12/2022 | Pending sale | $165,000$161/sqft |
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| 12/11/2021 | Listed for sale | $165,000$161/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32404
Nearby schools
Schools provided by the listing agent
- Elementary: Tommy Smith
- Middle: Merritt Brown
- High: Rutherford
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






