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4837 S Lakewood Drive, Panama City, FL 32404

[No Recorded Subdiv] · Bay County

Key Facts

2Beds
2Baths
1,116Sq Ft
1985Year Built
2Stories

Description

This end-unit townhouse on Martin Lake in Panama City, FL offers 2 bedrooms and 1.5 bathrooms with convenient access to nearby shopping and dining. Located a short drive from parks and East Bay, the home is also close to Tyndall AFB. The property's lakeside setting and end-unit placement provide added privacy and natural views, while its location makes errands and recreational outings easy to reach. Dock is not useable. No Pets

Property Information

Property Type

Residential Lease

Year Built

1985

Stories

2

Living Area

1,116 sq ft

Days on Market

86

MLS® Listing#

788400

Property Features

Exterior

Balcony

Appliances

Electric Range

Heating

CentralElectric

Lot Features

Waterfront

Utilities

Sewer Available

Sewer

Public Sewer

Schools

Elementary:
Parker
Middle:
Everitt
High:
Rutherford

Financial Details

Parcel Number

25076-080-000

Directions

S on Hwy 77, left on Bus 98, L on Cherry St, R on Hwy 22A, R on S Lakewood Dr, Property will be on the right

Affordability Calculator

$290

Estimated monthly payment

$8/mo

Principal $1,160 · Est. interest $1,618 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City, FL

$379,336
Median Listing Price
106
Median Days on Market
1,566
Median Sq Ft
$250
Median Price / Sq Ft
6,101
Active Listings
  • This home’s price is 100% below the area median.
  • Its price per sq ft is 99% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.

Location

Map showing the location of 4837 S Lakewood Drive, Panama City, FL 32404

Points of Interest in Panama City, FL

Showing the Panama City area map.

Nearby Schools

  • Parker Elementary School

    Elementary · 0.3 mi away

  • Springfield Elementary School

    Elementary · 1.5 mi away

  • Margaret K Lewis School

    School · 1.6 mi away

  • Everitt Middle School

    School · 1.6 mi away

  • The Learning Factory

    School · 1.9 mi away

  • Rutherford High School

    Secondary · 2.1 mi away

  • Callaway Elementary School

    Elementary · 2.2 mi away

  • Cedar Grove Elementary School

    Elementary · 2.6 mi away

  • Merriam Cherry Street Elementary

    Elementary · 2.7 mi away

  • The Education Center of Panama City

    School · 2.7 mi away

  • Oscar Patterson Elementary Magnet

    Elementary · 2.9 mi away

  • Eagle Nest Christian Academy

    School · 2.9 mi away

  • C C Washington Academy

    School · 3.0 mi away

  • Rosenwald High School

    Secondary · 3.0 mi away

  • Rosenwald Middle School

    School · 3.0 mi away

  • Holy Nativity Episcopal School

    School · 3.1 mi away

  • A D Harris Headstart

    School · 3.3 mi away

  • Bay Regional Juvenile Detention Center

    School · 3.7 mi away

  • Chautauqua Charter School

    Secondary · 3.9 mi away

  • Tyndall Elementary School

    Elementary · 3.9 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Panama City

Listing Courtesy: CENTURY 21 Commander Realty - 8507698326

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#788400. © 2026EXIT Realty®. All rights reserved.