5203 E 4th St Panama City, FL 32404
Estimated payment $2,192/month
Highlights
- RV Carport
- 2.89 Acre Lot
- Covered Patio or Porch
- Waterfront
- No HOA
- 3 Car Attached Garage
About This Home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. 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.
Listing Agent
Paradise Properties of NW Florida License #3145003 Listed on: 02/01/2026
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
- Waterfront
- Property fronts a private road
- Zoning described as Resid Multi-Family, Resid Single Family
Parking
- 3 Car Attached Garage
- Additional Parking
- RV Carport
Home Design
- Slab Foundation
- Metal Roof
- Stone
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2026 06/19/26 | Pending | -- | -- | -- |
| 05/23/2026 05/23/26 | Price Changed | $359,000 | -9.6% | $191 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $397,000 | -4.8% | $212 / Sq Ft |
| 03/18/2026 03/18/26 | Price Changed | $417,000 | -7.3% | $222 / Sq Ft |
| 02/01/2026 02/01/26 | For Sale | $450,000 | -- | $240 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
MLS Number: 784479
APN: 24417-000-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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