$92,000
5527 Lakewood Circle
Panama City, FL 32404
Listing updated: July 27, 2026 at 3:10 PM ET
Listing courtesy of Fields Of Prosper Llc · Clarence Fields · MLS #TB8528945 · Active · 813-424-0643Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot for 1.45 Acres Total, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Force Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history14 days on market
- Status: ActiveJul 14, 2026
- Listed$96,000Jul 13, 2026
- Price reduced$92,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 14
- Subdivision
- Lakewood Manor Un One Re
- County
- Bay
- Price/sq ft
- $1
- Lot size
- 63,162 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12005C0265J)
- Annual taxes
- $482 (2025)
- Parcel #
- 05640-327-000
- Zoning
- R-2
- MLS #
- TB8528945
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electricity Available
Listing Details
- Listing date
- 2026-07-13
- On market date
- 2026-07-13
- Original list price
- $96,000
- MLS area
- 32404 - Panama City
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-07-14
- Tax legal description
- LAKEWOOD MANOR U-1 REPLAT LOT 8 ORB 1322 P 168
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving Directions to 5527 Lakewood Circle, Panama City, FL 32404 From US-231 (N Tyndall Parkway), head east on State Road 22 (E 15th Street) toward Callaway. Continue approximately 5 miles, then turn left onto Lakewood Circle. Follow Lakewood Circle through the neighborhood for about 0.4 miles. The property will be on the left-hand side, adjacent to the neighboring lot being sold as part of the package.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 27, 2026 at 3:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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