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.