NOT LISTED FOR SALE

5704 E Highway 98 Panama City, FL 32404

Estimated Value: $369,000 - $458,000

3 Beds
3 Baths
2,302 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2025

Last sale price $425,000 $185 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,315 / mo

9 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Property fronts a bayou
  • No HOA
  • Tyndall Elementary School Rated A-
  • 0.95 Acre Lot
  • 4-minute walk to Under the Oaks Park

About This Home

As of July 2025

Rare diamond in the rough! Zoned MU-1. 94.9 feet of shoreline on Pitts Bayou with deep water access to the Gulf. Situated on .946 acres, the property features a single family home with over 2000 sq ft, 4 bedrooms and 2 bathrooms. The kitchen and bathroom were updated within the last several years. Large inside laundry area with small office. Attached is a single car garage along with a carport and storage shed. New roof installed 2019. Gas stove and dryer convey. There is a 20x40 workshop built with 2x6's instead of the standard 2x4's in the walls. Numerous shelving units are included for organization. The large pole barn includes a power pole. A deep well is located in the well house and was used for landscaping/gardening. The well is currently nonfunctional as it needs a new water tank. The City of Parker provides water to the property. A single wide mobile home and a detached building (formerly a pawn shop) provide no contributory value as both are damaged and dated. Numerous trees (pear, satsuma, loquats, pecan & hickory nut) are thriving on the property. Located just across the DuPont Bridge from Tyndall Air Force Base, the surrounding area is expected to boom in the next few years with the completion of the construction and added squadrons to the base. Property is being sold As Is. Active security system in use.

Last Agent to Sell the Property

Kathy Peacock-Morgan

Coastal Choice Realty LLC License #0668856 Listed on: 06/22/2025

Last Buyer's Agent

Dennis Nelson

Keller Williams Success Realty License #SL3379289

Keller Williams Success Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1952

Lot Details

  • 41,382 Sq Ft Lot
  • Property fronts a bayou
  • Cleared Lot

Home Design

  • Shingle Roof
  • Composition Roof

Schools

  • Tyndall Elementary School
  • Everitt Middle School
  • Rutherford High School

Utilities

  • Central Heating
  • Heating System Uses Gas

Additional Features

  • Bayou Views
  • Tile Flooring
  • Water access To Gulf or Ocean

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Year Built

Built in 1952

Lot Details

0.95 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1952
  • Property Sub Type: Other
  • Lot Size Acres: 0.95
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Property Attached Yn: No
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Flooring: Tile

Exterior Features

  • View: Bayou
  • Waterfront Features: Bayou, Gulf Access
  • Waterfront: Yes
  • Roof: Composition, Shingle

Utilities

  • Utilities: Sewer Available
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 41382.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2025
Closed on
Jul 2, 2025
Sold by
Bought by
Seller's Agent
Kathy Peacock-Morgan
Coastal Choice Realty LLC
Buyer's Agent
Dennis Nelson
Keller Williams Success Realty
List Price
$499,500
Sold Price
$425,000
Premium/Discount to List
-$74,500
-14.91%
Views
12
Current Estimated Value
$414,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,411
Avg. Annual Appreciation
-2.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$425,000 Cornerstone Title
$425,000 Cornerstone Title
Source: Public Records

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
07/02/2025 07/02/25 Sold $425,000 -14.9% $185 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $499,500 -- $217 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $906 $146,982 -- --
2024 $891 $142,840 -- --
2023 $891 $138,680 $0 $0
2022 $606 $134,641 $0 $0
2021 $621 $130,719 $0 $0
2020 $988 $128,914 $0 $0
2019 $956 $126,057 $0 $0
2018 $0 $123,707 $0 $0
2017 $0 $121,718 $0 $0
2016 -- $119,774 $0 $0
2015 -- $118,437 $0 $0
2014 -- $117,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 775277

Central Panhandle Association of REALTORS®

APN: 25803-000-000

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