5203 E 4th Street, Panama City, FL 32404
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5203 E 4th Street,Panama City, FL 32404
$397,000
- 3 Beds
- 2 Baths
- 1,875 sq. ft.
- Single family
- Active
Listed by: crystal duncan, savannah z hamilton
Office: paradise properties of nw florida
MLS#:784479
Source:FL_BCMLS
Price summary
- Price:$397,000
- Price per sq. ft.:$211.73
About this home
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....
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Home facts
- Year built:1960
- Listing ID #:784479
- Added:54 day(s) ago
- Updated:March 27, 2026 at 04:44 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:3
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater
- Living area:1,875 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, Ductless
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1960
- Building area:1,875 sq. ft.
- Lot area:2.89 Acres
- Architectural Style:Ranch
- Construction Materials:Block, Stone
- Exterior Features:Patio, Porch
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Rutherford
- Middle school:Rutherford
- Elementary school:Parker
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$397,000
- Price per sq. ft.:$211.73
- Tax amount:$3,033 (2025)
Features and amenities
- Amenities:ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
Parking
- Parking description:Additional Parking
- Garage:Yes
- Garage spaces:3
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