5203 E 4th St, Panama City, FL 32404

$345,000
3
BD
2
BA
1,875
SqFt

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Sold Price
$345,000
List Price
$359,000
Closing Date
Aug 05, 2026
MLS#
999484
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
3
Bathrooms
2
Living Area
1,875
Lot Size
125,888
Neighborhood
Bay - Central SE

Property Description

2.88-acre multi-residence property located in the heart of Panama City. Zoned for up to 8.99 townhomes or 4 duplexes per acre. Offering exceptional space, privacy, and versatility, this sprawling estate is ideal for multi-generational living, investment income, or a private retreat with room to grow. The main residence is a fully renovated cinderblock home featuring three bedrooms and 1.5 baths, plus a dedicated mother-in-law suite. The home has been thoughtfully updated from top to bottom with modern finishes, including: - New flooring and fresh paint throughout - A durable metal roof - An updated kitchen with new appliances - Completely remodeled bathrooms featuring new vanities, toilets, and a brand-new soaker tub. Bright, open, and built to last, this home is truly move-in ready! Adding potential value is a separate 2-bedroom, 1-bath mobile home. With some TLC this would be ideal for extended family, guests, or rental income. The property continues to impress outdoors with a detached 2-car garage for vehicles, storage, or a workshop, Large pole barn, perfect for boats, RVs, equipment, or hobbies and a serene pond nestled at the center of the property, surrounded by mature trees, creating a peaceful natural retreat. The Property features expansive open land with established driveways and multiple access points. Enjoy the privacy and space of country living while remaining just minutes from shopping, dining, schools, and all that Panama City has to offer. Properties with multiple dwellings, acreage, and this level of convenience are hard to find. Whether you're looking for a family compound, income-producing property, or a one-of-a-kind homestead, this property checks every box! Schedule your private showing today.

Additional Information

Acres
2.89
Appliances
Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
Elementary School
Parker
High School
Rutherford
Interior Features
Breakfast Area, Recessed Lighting
Legal Description
12 4S 14W ST A B DEV CO PLAT BEG 208.4' E OF NW COR LOT 46 TH E 430' S 320' W 422.6' N 309.77' TO POB -99.2-118D1 ORB 4828 P 1876
Lot Features
Corner Lot
Neighborhood
Bay - Central SE
Parking Features
Attached
Stories
1
Subdivision
Callaway
Year Built
1960
Zoning
Resid Single Family

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Listing courtesy of Paradise Properties. Selling Office: .

Vendor Member Number : 28166