Rare diamond in the rough! Zoned MU-1. 94.9 feet of shoreline on Pitts Bayou with deep water access to the Gulf. Situated on .946 acres, the property features a single family home with over 2000 sq ft, 4 bedrooms and 2 bathrooms. The kitchen and bathroom were updated within the last several years. Large inside laundry area with small office. Attached is a single car garage along with a carport and storage shed. New roof installed 2019. Gas stove and dryer convey. There is a 20x40 workshop built with 2x6's instead of the standard 2x4's in the walls. Numerous shelving units are included for organization. The large pole barn includes a power pole. A deep well is located in the well house and was used for landscaping/gardening. The well is currently nonfunctional as it needs a new water tank. The City of Parker provides water to the property. A single wide mobile home and a detached building (formerly a pawn shop) provide no contributory value as both are damaged and dated. Numerous trees (pear, satsuma, loquats, pecan & hickory nut) are thriving on the property. Located just across the DuPont Bridge from Tyndall Air Force Base, the surrounding area is expected to boom in the next few years with the completion of the construction and added squadrons to the base. Property is being sold As Is. Active security system in use.
Sold for $425,000
$425,000
5704 E Highway 98, Panama City, FL 32404
4beds
2,190sqft
Single Family Residence
Built in 1952
0.95 Acres Lot
$422,400 Zestimate®
$194/sqft
$2,399 Estimated rent
Home value
$422,400
$380,000 - $469,000
$2,399/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kathy K Peacock-Morgan 850-896-6843,
Coastal Choice Realty LLC
Bought with:
Dennis Nelson, SL3379289
Keller Williams Success Realty
Source: CPAR,MLS#: 775122
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Florida Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office
Primary bedroom
- Level: First
- Dimensions: 17.7 x 12.11
Bedroom
- Level: First
- Dimensions: 13.1 x 10.9
Bedroom
- Level: First
- Dimensions: 10.8 x 11.3
Bedroom
- Level: First
- Dimensions: 10.2 x 10.4
Florida room
- Description: Sellers used as Dining Room
- Level: First
- Dimensions: 14.8 x 19.6
Kitchen
- Description: Eat in Kitchen
- Level: First
- Dimensions: 11.1 x 18.5
Laundry
- Level: First
- Dimensions: 10.11 x 18.6
Living room
- Level: First
- Dimensions: 22.1 x 14.11
Office
- Level: First
- Dimensions: 4.11 x 7.1
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Water Heater
Features
- Windows: Double Pane Windows
- Has fireplace: Yes
Interior area
- Total structure area: 2,190
- Total interior livable area: 2,190 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Carport
- Garage spaces: 1
- Has carport: Yes
Features
- Patio & porch: Deck
- Exterior features: Deck, Dock
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou
Lot
- Size: 0.95 Acres
- Dimensions: 110 x 375
- Features: Sprinkler System, Paved
Details
- Additional structures: Other, Shed(s), Workshop
- Parcel number: 25803000000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $305,632
- Annual tax amount: $906
- Date on market: 6/19/2025
- Cumulative days on market: 7 days
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2025 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2025 | Sold | $425,000-14.9%$194/sqft |
Source:  CPAR #775122 Report a problem | ||
| 6/25/2025 | Pending sale | $499,500$228/sqft |
Source: CPAR #775122 Report a problem | ||
| 6/19/2025 | Listed for sale | $499,500$228/sqft |
Source: CPAR #775122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $906 +1.7% | $142,840 +3% |
| 2023 | $891 +47.2% | $138,680 +3% |
| 2022 | $606 | $134,641 |
| 2021 | -- | -- |
| 2020 | $988 +3.4% | $128,914 +2.3% |
| 2019 | $956 | $126,057 +1.9% |
| 2018 | $956 | $123,707 +1.6% |
| 2017 | -- | $121,718 +1.6% |
| 2016 | -- | $119,774 +1.1% |
| 2015 | -- | $118,437 +0.5% |
| 2014 | -- | $117,827 +1.1% |
| 2013 | -- | $116,546 -1.1% |
| 2012 | -- | $117,791 +4.7% |
| 2011 | -- | $112,488 +3.9% |
| 2010 | -- | $108,300 +2.8% |
| 2008 | -- | $105,348 +3% |
| 2007 | -- | $102,280 +2.5% |
| 2006 | -- | $99,785 +3% |
| 2005 | -- | $96,879 +3% |
| 2004 | -- | $94,057 +10.2% |
| 2003 | -- | $85,386 +2.4% |
| 2002 | -- | $83,385 +1.6% |
| 2001 | -- | $82,072 +1.9% |
| 2000 | -- | $80,575 |
Find assessor info on the county website
Neighborhood: 32404
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Nearby schools
GreatSchools rating
- 8/10Tyndall Elementary SchoolGrades: PK-8Distance: 2.9 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Tyndall
- 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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- Florida
- Bay County
- Parker
- 32404
- 5704 E Highway 98
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