Address
5 Blue Crab Lane, Panama City Beach, FL
Price
$ 2,950,000
Property Attributes
- MLS#1002819
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodPalmetto Bluff
- Zip32413
- StyleCraftsman Style
- Year Built1987
- Taxes$ 8294
- Price$ 2,950,000
- Bedrooms4
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4939
- Lot Size0.94 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Tucked along the quiet shoreline of Lake Powell, this spacious home offers a rare mix of privacy, comfort, and everyday livability. With 5 bedrooms, 5 bathrooms, and over 4,600 square feet, this home welcomes you with its soaring multi-level design and expansive outdoor areas tailored for both relaxation and grand entertaining. Set on nearly an acre along beautiful Lake Powell with 147 feet of pristine dune lake frontage, the property feels private and peaceful while still being close to the beach and the rest of Panama City Beach.
| Elementary School | Middle School | High School |
|---|---|---|
| West Bay Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 5/11/2026 | Listed $2,950,000 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | Palmetto Bluff |
| Status | Active |
| Directions | From Hwy. 98, take Gainous Rd. north, then right on Lakeview Drive. Blue Crab Lane entrance will be on the left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 40946.4 |
| Elementary School | West Bay |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2722 - Beach - North West |
| Standard Status | Active |
| Tax Assessed Value | 900 |
| Cooling | Central Air |
| Architectural Style | Craftsman Style |
| Year Built | 1987 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 6 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Pool Features | Pool Type |
Interior Features
| Total Baths | 5 |
|---|---|
| Air Conditioning Y/N | true |
Exterior Features
| Lot Size Area | 0.94 |
|---|---|
| Lot Dimensions | 150 x 247 |
| Lot Size Acres | 0.94 |
| Building Area Total | 4939 |
| Parking Features | Garage |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
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