Property Attributes
- MLS#785417
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodLake Drive Heights
- Zip32404
- Style
- Year Built1957
- Taxes$ 1278
- Price$ 182,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1216
- Lot Size0.24 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Seller offering up to $12,000 toward roof replacement with reasonable offer! Quote available for review! Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well-maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double-pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long-term tenants. The property is tenant-occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: • Parker Sports Complex, • Parker Environmental Exploratorium Park, • Under the Oaks Park, • Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Rutherford Middle Middle School | Rutherford High School |
| Price History | |
|---|---|
| 4/2/2026 | Listed $183,000 |
| 5/7/2026 | Listed $182,500 |
| 7/2/2026 | Listed $182,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Lake Drive Heights |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From S Tyndall Pkwy (US-98 E). Turn right onto Boat Race Rd. Continue on E Business Highway 98. Turn right onto S Highway 22 A (SR-22A). Turn left onto Lake Dr. Turn right onto N 9th Plz. |
| High School | Rutherford |
| City | Panama City |
| Zoning Description | Resid Single Family |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10324 |
| Elementary School | Parker |
| Tax Annual Amount | 1278 |
| Middle/Junior High School | Rutherford Middle |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Occupied |
| Year Built | 1957 |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Oven,Electric Water Heater |
| Patio/Porch Features | Patio |
| Construction Materials | Block |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 6 |
| Full Baths | 1 |
| Architectural Style | Other |
| New Construction | false |
Interior Features
| Total Baths | 1 |
|---|---|
| Interior Amenities | Main Level Primary |
| Furnished Units | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Size Area | 0.24 |
| Lot Dimensions | 75x138 |
| Lot Size Acres | 0.24 |
| Road Frontage Type | City Street |
| Building Area Total | 1216 |
| Waterfront Y/N | false |
| Exterior Amenities | Patio |
| Road Responsibility | Public Maintained Road |
| Fencing | Fenced,Partial |
| Foundation Details | Slab |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating