$450,000

5203 E 4th St Panama City, FL 32404

Estimated payment $2,593/month

Total Views 67
3 Beds
1.5 Baths
1,875 Sq Ft
$240 Price per Sq Ft

Highlights

  • RV Carport
  • No HOA
  • 3 Car Attached Garage
  • 2.89 Acre Lot
  • Covered Patio or Porch
  • Ductless Heating Or Cooling System

About This Home

2.88-acre multi-residence property located in the heart of Panama City. 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.

Listing Agent

Crystal Duncan

Paradise Properties of NW Florida License #3145003 Listed on: 02/01/2026

Co-Listing Agent

Savannah Hamilton

Paradise Properties of NW Florida License #3408859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1960

Lot Details

  • 2.89 Acre Lot
  • Lot Dimensions are 284 x 443
  • Property fronts a private road
  • Zoning described as Resid Multi-Family, Resid Single Family

Parking

  • 3 Car Attached Garage
  • Additional Parking
  • RV Carport

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Callaway Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 2.89
  • Lot Size: 284 x 443
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: BPPF
  • Co List Office Phone: 850-588-7136
  • Subdivision Name: Callaway
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Full Bath

Exterior Features

  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, RV Carport, RV Access/Parking
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Available, High Speed Internet Available, Sewer Available
  • Cooling: Central Air, Ceiling Fan(s), Ductless
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 125801.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family, Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 3033.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,219 $221,472 $116,343 $105,129
2024 $1,009 $129,209 -- --
2023 $1,009 $112,736 $0 $0
2022 $906 $109,452 $0 $0
2021 $892 $106,264 $0 $0
2020 $883 $104,797 $0 $0
2019 $1,077 $119,479 $0 $0
2018 $1,013 $117,251 $0 $0
2017 $1,018 $114,839 $0 $0
2016 $1,012 $112,477 $0 $0
2015 $1,039 $111,695 $0 $0
2014 $962 $106,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2026 02/01/26 For Sale $450,000 -- $240 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 784479

Central Panhandle Association of REALTORS®

APN: 24417-000-000