5 Blue Crab Lane, Panama City Beach, FL 32413

New Listing
$2,950,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 4,939 Lot Size (sq. ft.): 40,946 Status: Active
Current Price: $2,950,000 List Date: 5/11/2026 Last Modified: 5/11/2026

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.

More Information MLS# 1002819

General Property Info

userdefined76: 0 Sub-Type: Detached Single Family Design: Craftsman Style SqFt Source: Appraiser Garage: Yes Carport: No Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 4939 Bedrooms: 4 Full Baths: 5 Total Bathrooms: 5 # Stories: 3 Year Built: 1987 Acreage: 0.94

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 597.29 List Date: 2026-05-11 Current Price: $2,950,000 List Price: $2,950,000

Location, Tax and Legal

Sub Area: 2722 - Beach - North West Elementary School: West Bay Middle School: Surfside High School: Arnold Legal Description: 33 2S 17W -5.1- 12C BEG 283.70' E & 320' N OF SW COR OF GOVT LOT 2 TH W 50' N 291.01' M/L TO LAKE POWELL ELY ALG LAKE 210' S 164' W 50' S 80' W 100' TO POB LESS -5.1A- (SUBJ TO ESMT ORB 3441 P 301) ORB 3441 P 302

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 900 Annual Assessment Amount: 900 Assessment Paid: Annually New Buyer Fee: No Last Taxes: 8294.26 Last Tax Year: 2025 Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property. As Is: No

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: 1

Parking Features

Garage: 1

Utilities

Electric: 1

Zoning

Resid Single Family: 1

Energy

AC - Central Elect: 1

Bedroom

First: 1 Second: 1 Third: 1

Kitchen

Second: 1

Living Room

Second: 1

Rooms

Bedroom: 1 Family Room: 1 Kitchen: 1 Living Room: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 5 Street Name: Blue Crab Street Suffix: Lane State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: Palmetto Bluff Parcel ID: 35277-010-000

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Parking Features: Garage Utilities: Electric Energy: AC - Central Elect Bedroom: First; Second; Third Kitchen: Second Living Room: Second Rooms: Bedroom; Family Room; Kitchen; Living Room

Room Information

Family Room Level: Second Dimensions: 33 x 14 Length: 33.00 Width: 14.00 Remarks: Main Level Dimensions: 33 x 14 Living Room Level: Second Dimensions: 20 x 24 Length: 20.00 Width: 24.00 Remarks: Main Level Dimensions: 20 x 24 Kitchen Level: Second Dimensions: 17 x 37 Length: 17.00 Width: 37.00 Remarks: Main Level Dimensions: 17 x 37 Bedroom Level: Second Dimensions: 18 x 20 Length: 18.00 Width: 20.00 Remarks: Main Level Dimensions: 18 x 20 Bedroom Level: Third Dimensions: 11 x 13 Length: 11.00 Width: 13.00 Remarks: Upper Level Dimensions: 11 x 13 Bedroom Level: First Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: Lower Level Dimensions: 12 x 14
Listing Office: Holiday Beach Real Estate Inc
Last Updated: May - 11 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.