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$397,000
10 Days On Site

5203 E 4Th Street
Panama City, FL 32404

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
1,875
SqFt
$212
/SqFt
1960
Built
Subdivision:
Callaway
County:
Bay
Listing courtesy of Savannah Z Hamilton of Paradise Properties

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

5203 E 4Th Street5203 E 4Th Street5203 E 4Th Street5203 E 4Th Street
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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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Listing Snapshot
Price 
$397,000
Days On Site 
10 Days
Bedrooms 
3
Inside Area (SqFt) 
1,875 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
2.89 Acres
Year Built 
1960
MLS® Number 
999484
Status 
Active
Property Tax 
$3,032.81
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
2.89
Garage 
Yes
Parking 
Attached Carport
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
1875
Style 
Ranch
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Zoning 
Resid Single Family
Interior Features
Appliances 
DishwasherDryerRefrigeratorWasherElectric Water HeaterElectric Oven
Cooling 
Central AirElectric
Flooring 
Vinyl
Heating 
CentralElectric
Interior 
Breakfast BarRecessed Lighting
Bedroom 
Dimensions - 12 x 14Level - First
Full Bathroom 
Dimensions - 8 x 10Level - First
Kitchen 
Dimensions - 10 x 10Level - First
Living Room 
Dimensions - 22 x 14Level - First
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Exterior Features
Construction Details 
Block
Lot Features 
Corner Lot
Patio And Porch 
PatioCovered
Pool Features 
None
Road Frontage 
City Street
Roof 
Metal
Community Features
MLS Area 
27 - Bay County
Roads 
Paved
Schools
School District
Unknown
Elementary School
Parker
Middle School
Unknown
High School
Rutherford
Listing courtesy of Savannah Z Hamilton of Paradise Properties



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-04-11 11:55 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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