Lakefront Homesite in Panama
For Sale
$89,900
4813 S Lakewood Drive, Panama City, FL 32404
Land, Panama City, FL
Property SizeContact for details
Lot Size0.67 Acres
Days on Market172
Property Features for 4813 S Lakewood Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Resid Single Family
Subdivision
Lakewood
Lot features
Paved
View
Lake
Elementary school
Parker
Middle school
Everitt
High school
Rutherford
Directions
E Highway 98, Turn left onto E 3rd St, Turn right onto N Highway 22A, Continue on S Highway 22 A, Turn right onto S Lakewood Dr. Lot will be down on your right.
Standard status
Active
APN
25078-010-000
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAKEWOOD MAP 119A2 LOT 14 BLK 12 ORB 1505 P 977
Tax Annual Amount
847
Legal Description
LAKEWOOD MAP 119A2 LOT 14 BLK 12 ORB 1505 P 977
Utilities
Water front features
Lake
Water front
1
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
Raymond B Williams PA · License #BK3290892
(850) 276-9023
Added: Mar 20
Changed: Sep 5
Last Checked: Sep 7 at 10:06AM
MLS# 787077
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.67-acre lakefront homesite on Lake Martin in Panama City, FL, offers direct water access and peaceful waterfront views. The property is suitable for building a custom home and enjoying activities such as kayaking and fishing. Located in an established residential area with existing homes, the lot provides a clear vision for future development and a sense of community, while offering privacy and space for a waterfront retreat. The property features a functional layout with room for a custom home and outdoor living areas. The location is minutes from Tyndall Air Force Base, shopping, dining, schools, and the waters of St. Andrew Bay, combining quiet lakefront living with everyday convenience. With no HOA, there are fewer restrictions and more flexibility to build. This property offers both lifestyle appeal and long-term value and is an investment opportunity in Bay County.
Key Highlights
- Rare 0.67‑acre lakefront homesite on Lake Martin with direct water access.
- Ideal for building a custom home with kayaking and fishing in your backyard.
- Conveniently located minutes from Tyndall Air Force Base, shopping, dining, and schools.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 0.67-acre waterfront homesite on Lake Martin, Panama City, FL.
Where is this waterfront land located?
The property is located at 4813 S Lakewood Drive Panama City, FL.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Rare 0.67‑acre lakefront homesite on Lake Martin with direct water access.; Ideal for building a custom home with kayaking and fishing in your backyard.; Conveniently located minutes from Tyndall Air Force Base, shopping, dining, and schools.
