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5 Blue Crab Lane, Panama City Beach, FL 32413 Active 1 / 78
$2,950,000

5 Blue Crab Lane, Panama City Beach, FL 32413

Panama City Beach, FL 32413
  • 4 Beds
  • 5 Baths
  • 4,939 Sq Ft
  • 1987 Built
  • MLS 780535

About this home

Tuckеd alοng thе quіet ѕhorеline of Lake Powell, this sрaciοus 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. Inside, you'll find an open gourmet kitchen and working pantry that connects easily to the main living areas, a custom fireplace, and plenty of natural light. Spacious bedrooms throughout the home provide flexibility for family and guests, and the expansive third-floor deck has the best views on the lake. With its own private dock, the lake becomes an extension of the backyard. Step outside to enjoy the screened pool, large deck, boat slip, and parking for up to ten vehicles. Recent updates include a new roof in 2025 and a heated and cooled garage. With exquisite craftsmanship throughout and panoramic lake views from nearly every vantage point, this property is a rare gem for discerning buyers seeking coastal elegance and lakefront living. Located in the gated community of Palmetto Bluff, residents enjoy a large neighborhood green space and community dock. Recently appraised at $4.2 million, this home is priced to sell.

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionPalmetto Bluff
CityPanama City Beach
CountyBay
Zip32413
StyleCraftsman
Taxes$8,049
Tax year2024
HOAYes
HOA fee$900/yr
WaterfrontYes
ViewLake
Special conditionsListedAsIs

Interior

Total rooms7
Full baths5
CoolingCentralAir
HeatingElectric

Exterior & lot

Lot size0.9 acres
Lot dimensions150 x 247
Private poolYes
PoolScreenEnclosure,Private
GarageYes
Road frontagePrivate Road
Exterior featuresBoat Slip, Deck

Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Community

DirectionsFrom Hwy. 98, take Gainous Rd. north, then right on Lakeview Drive. Blue Crab Lane entrance will be on the left.

Data source: Central Panhandle Association of REALTORS®

Location

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