# 5045 E Highway 98, Panama City, FL 32404

> **TL;DR:** 5bd/2ba single family, $625,000 ($347/sqft), built 1930, 1,800 sqft.
> Fireplace, A/C. Est. $2,708/mo. Listed 81 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $347 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 1,800 |
| Year Built | 1930 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 81 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Nearby Schools

- **Elementary:** Parker
- **Middle:** Rutherford
- **High:** Rutherford

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1930
- 0.28 acre lot
- Fireplace

## Description

### Agent Description
Welcome to this one-of-a-kind custom home with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Spacious living and open area for everyone, and lots of options for 5 bedrooms! The open living area with new kitchen will impress when entertaining, with gorgeous granite countertops and all new kitchen and stainless appliances. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Head on out to your new fireplace veranda for quiet night by the fire. Plenty off room for a pool or an additional storage building! A fully fenced yard for your privacy and security. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. Close proximity to Tyndall Air Force Base is great for future rentals, or customers! Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furniture is virtually staged except for a few pieces that are negotiable.

## Location

- **Address:** 5045 E Highway 98, Panama City, FL 32404
- **County:** Bay
- **Neighborhood:** W H Parker
- **Coordinates:** 30.131311, -85.597343
- **Google Maps:** https://www.google.com/maps?q=30.131311,-85.597343

## Listing Agent

- **Name:** Dennis Nelson
- **Brokerage:** Keller Williams Success Realty
- **Phone:** 8503488262
- **Email:** D_Nelson@kw.com

## Primary Photo

![5045 E Highway 98 - Primary Photo](http://lh.rdcpix.com/c251ef3e5873c589e10ff23e81b99552l-f2150160468r.jpg)

*56 total photos available on [listing page](https://www.propertysimple.com/listing/5045-e-highway-98-panama-city-fl-32404-l786756)*

---

**MLS#:** 786756 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5045-e-highway-98-panama-city-fl-32404-l786756)

---

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