5012 Lake Drive, Panama City, FL 32404

$90,000
3
BD
1
BA

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Sold Price
$90,000
List Price
$100,000
Status
CLOSED
Closing Date
Feb 23, 2026
MLS#
784313
Subtype
Residential
Style
Craftsman
Year Built
1940
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
10,672
Acres
0.24
Subdivision
W H Parker
Neighborhood
Bay - Central SE
MLS Area Major
Bay County - Central

Property Description

Single-family home with major structural and mechanical updates already completed. Roof was replaced after Hurricane Michael. Property has passed framing inspection. Rough plumbing and mechanicals are completed but will need final plumbing inspection pending bathtub install. Plumbing fully upgraded to new PEX throughout, including the main line to the meter. Wall insulation and most of the attic insulation will be included in sale. Estimated remaining renovation budget is approx $60,000 to complete. ARV is estimated around $250,000.

Additional Information

Property Description
Craftsman
Zoning
Resid Single Family
Elementary School
Parker
Middle School
Rutherford Middle
High School
Rosenwald

Listing courtesy of Simply South Realty.

Selling Office: Keller Williams Success Realty.

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