Find Your Emerald Coast Home Live the Gulf Life!

4820 N Lakewood Drive

Panama City , FL 32404

MLS#: 783389

$650,000

Status: Active
Listing number: 783389
Listing provided by: ERA Neubauer Real Estate, Inc
Listing agent phone: None
Last update: 11 days ago
On site: 11 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

N/A

Check out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot. The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance! The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside and another large storage space you can access from the exterior, and there is added storage with a storage building outside as well. The roof was replaced in December 2018 and additional interior work has been completed since. All information should be verified by buyer or buyer's agent if important. Thank you for considering this unique property, call today for your private showing!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Paved

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Lake

Area & Lot

  • Lot Features

    Sloped, Waterfront

  • Lot Size(acres)

    1.79

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $650,000

  • Zoning

    City

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    Everitt

  • High School

    N/A

Property Features

  • Stories

    2

  • Accessibility Features

    Accessible Full Bath, Accessible Entrance

  • Sewer

    Public Sewer

  • Tax Lot

    10

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

Middle School

Everitt

High School

Listing Courtesy of Deborah A Class , ERA Neubauer Real Estate, Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Opey Russ

Broker

Opey Russ

Call Opey today to schedule a private showing.

(850) 699-1996

Opey@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Check out this Unique Water Front property that can be used for a variety of purposes or as your new Residence! This property is comprised of approximately 3825 sq ft total H/C, at approximately 2530 sq ft H/C on the mail level and approximately 1295 sq ft H/C on the lower level! This facility has been used as a meeting place and church and could be converted to a residential home, although a land use exemption for use as ''Clubs, Lodges or Halls'' is in place. The site is comprised of two lots with approx. 200 feet on Martin Lake, and a large paved parking lot. The buildings main level features a commercial kitchen, commercial restrooms built to ADA code, Utility closet with water access, 2 meeting rooms(with carpet), foyer area, and Large main hall overlooking Lake Martin with a door leading out to the open deck area as well as another side door exit/entrance! The lower level is recently finished with new flooring, a full bath, new granite countertop, a large storage room inside and another large storage space you can access from the exterior, and there is added storage with a storage building outside as well. The roof was replaced in December 2018 and additional interior work has been completed since. All information should be verified by buyer or buyer's agent if important. Thank you for considering this unique property, call today for your private showing!

4820 N Lakewood Drive

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Property offers a recently renovated +/-4,004-square-foot building, redesigned in 2023 to meet modern standards. Positioned along high-visibility Highway 22 and just minutes from Tyndall Air Force Base and central Panama City, this commercial property offers a rare combination of modern upgrades, flexible design, and strategic location, delivering a turnkey environment suitable for a wide range of professional uses. Featuring a highly adaptable floor plan, the space includes multiple oversized rooms ideal for medical or therapy services, collaborative training environments, or open workspaces. Seven versatile rooms can be configured as private offices, exam rooms, or meeting spaces, complemented by dedicated reception and administrative areas that support efficient workflow. The property also includes five restrooms, a kitchen/break area, and additional support spaces to accommodate staff and client needs. Outside, a secure fenced yard provides valuable storage or equipment space, while ample off-street parking ensures easy access for employees, clients, and visitors. Whether for medical, physical therapy, professional office, or training facility use, this modernized building offers exceptional flexibility and long-term value in a growing market.
#782723

Panama City

5311 E Highway 22

None Beds

None Baths

4,004 Sq.Ft.

$675,000

MLS#: 782723

Opportunity knocks with this Incredible Portfolio! Offering multiple income streams with strong rental potential and solid tenant demand, immediate equity awaits! All Addresses: 1522 Kraft Ave, 708 S Hwy 22A and 803 E 10th Ct are for sale individually, bringing together a combined annual income of $55,005! You don't want to miss out on this,
#779173

Panama City

708 HWY 22A

None Beds

None Baths

4,108 Sq.Ft.

$524,999

MLS#: 779173

Welcome to a rare opportunity in the heart of Downtown Panama City--a fully renovated 1,638 square foot boutique office space situated on a prominent corner lot with exceptional visibility. This turnkey building has been thoughtfully updated from top to bottom, featuring a new roof, HardieBoard siding, impact-rated windows, upgraded water heater, and modern interior and exterior lighting. One of the few properties downtown to offer a dedicated private parking lot, this space combines convenience with charm, making it ideal for a satellite office, family practice, or small to medium-sized business seeking a strong downtown presence.Located amid a wave of public and private investment, the property sits just steps from some of downtown's most exciting developments.
#985916

Panama City

108 4th Street

None Beds

None Baths

N/A

$565,000

MLS#: 985916

An outstanding opportunity to own a fully operational transmission repair business in the heart of Panama City. A-1 Transmission has been serving the community for years, earning a reputation for reliable service and strong customer relationships. Key Features: Established Business: Longstanding name recognition and loyal repeat clientele. Turnkey Operation: Sale includes equipment, tools, and existing goodwill. Strategic Location: Situated on E Avenue with excellent visibility and easy access to major roadways, ensuring consistent traffic and customer flow. Facility: Well-maintained shop space with service bays, office/reception area, and ample parking. Growth Potential: Opportunity to expand services (general auto repair, fleet service, etc.) and increase revenue streams. Investment Highlights: Strong local demand for automotive repair services. Positioned in a high-traffic, central Panama City corridor. Ideal for an owner-operator, investor, or established repair company looking to expand. Whether you're an experienced mechanic ready to step into ownership or an investor seeking a cash-flowing business in a growth market, A-1 Transmission offers both stability and upside potential.
#778840

Panama City

1900 N East Avenue

None Beds

None Baths

3,375 Sq.Ft.

$715,000

MLS#: 778840

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.
#777837

Panama City

1116 Mercedes Avenue

None Beds

None Baths

2,799 Sq.Ft.

$570,000

MLS#: 777837

+/-213 acres of recreational hunting land a few miles off of Highway 231 and minutes to the beaches of Panama City. Property has an existing road system, 7 food plots, and pole barn.
#775105

Panama City

00 Country Road 51

None Beds

None Baths

N/A

$695,000

MLS#: 775105

PRICE REDUCTION. Investment Opportunity! This is a turnkey Mobile Home Park for sale that is located in Panama City. The property features 7 mobile homes and room to add 2 more units. Four of the units are 2 bedrooms 1 bath and three of the units are 3 bedroom 2 baths. The property is easily accessible and is convenient to Tyndall Air Force Base and Highway 98. Whether you are an experienced Investor or just entering the mobile home park space, this property could offer long-term potential. Contact your favorite realtor today to schedule your showing.
#774900

Panama City

1329 Transmitter Road

None Beds

None Baths

5,040 Sq.Ft.

$649,999

MLS#: 774900

Residential Mobile Home Park Opportunity. Cleared 2.61 acres on N Star Ave ready for development. Per county, property will accommodate up to 32 single family dwellings with development order and connection to city water and sewer (estimated $40k.) Sale includes 333 N Star Ave. and 401 N Star Ave. There are two parcels included in the sale for a total of 2.61 acres. There is currently 2 brand new Fleetwood mobile homes set up on the property with new well, septic and power poles. One 3/2 1,040 sqft Fleetwood single wide and one 4/2 2,128 sqft Fleetwood double wide. The cost of the two homes was $300k alone. Property is conveniently located right behind Callaway Elementary School and is a short drive to restaurants and shopping. This is your opportunity to start a residential real estate income producing portfolio.
#771726

Panama City

333 N Star Avenue

None Beds

None Baths

3,268 Sq.Ft.

$600,000

MLS#: 771726

Now priced $50,000 lower, this exceptional 2016-built professional office building offers outstanding value for business owners or investors. The modern layout includes ten versatile office suites, two full kitchens, two bathrooms, and a potential laundry space. A state-of-the-art sound and security camera system is installed throughout for added safety and efficiency. With high-end finishes and a functional, turnkey design, this building is ideal for growing companies, satellite offices, or income-generating space in a prime location.
#972937

Panama City

1806 Brown Avenue

None Beds

None Baths

N/A

$629,000

MLS#: 972937

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service