5012 Lake Drive, Panama City, FL 32404
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  • MLS#: 784313 ( Residential )
  • Street Address: 5012 Lake Drive
  • Viewed: 2
  • Price: $100,000
  • Price sqft: $67
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 1500
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 1
  • Additional Information
  • Geolocation: 30.1345 / -85.5988
  • County: BAY
  • City: Panama City
  • Zipcode: 32404
  • Subdivision: W H Parker
  • Elementary School: Parker
  • Middle School: Rutherford
  • High School: Rosenwald
  • Provided by: Simply South Realty
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  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Rosenwald
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Legal Description: W H PARKER PLAT (2.60) BEG 205' E OF NW COR LOT 24 TH S 132' E 125' N 132' W 125' TO POB LESS 25' ON N & E SIDE FOR RW ORB 2851 P 1256
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 25227-000-000
  • Style: Craftsman
  • The Range: 0.00