$155,000

116 Martin Lake Dr Panama City, FL 32404

$1,841
Closing credit¹
3 beds
1 full
1,143 sqft
0.3 acres
$136 / sqft
House

Property details

About 116 Martin Lake Dr

This freshly painted 3-bedroom, 1-bathroom home offers a great opportunity to make it your own! Bright living spaces and a functional layout create a welcoming atmosphere, while the spacious backyard is perfect for outdoor activities.Located in a quiet neighborhood close to shopping, dining, and beaches. Perfect for first-time buyers or investors looking to add value.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,143 sqft
Lot size0.31 Acres
Year built1961
MLS #767665

Summary

  • MLS Number: 767665
  • MLS Name: BCAR
  • Office Name: LSI REALTY & MANAGEMENT LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of ranch-style house

$155,000

116 Martin Lake Dr

$1,841

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$86,832$1,581
2022$79,365$1,352
2021$40,333$1,352
2020$38,545$654
2018$71,849$1,162
2017$71,763$1,174

History based on county public records data.

Nearby schools

4

Parker Elementary School

Public District PK-5

1.4 mi

640 S Highway 22 A

1

Cedar Grove Elementary School

Public District PK-5

1.6 mi

2826 E 15th St

7

Callaway Elementary School

Public District KG-5

2.2 mi

7115 E Highway 22

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,821. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

40%
<35k
56%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
13%
Single, with Kids
25%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
36%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 116 Martin Lake Dr

This home is located at 116 Martin Lake Dr in Panama City, FL and zip code 32404 in the Martin Bayou Estates neighborhood. This 1,143 square foot home, which was built in 1961, sits on a 0.31 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $155,000.

Over 5 listings were sold over their listed price in February 2025 in Panama City, FL. In the same period over 98 listings were sold below the listed price and 36 listings were sold for the listed price. Between January and February 2025, Panama City, FL real estate market has seen increase in the number of listings by 6.1%. In February 2025 median list price was $337,016 and the average listing age was 87 days.

From Rocket Homes Real Estate and based on county public records data.

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