$6,757 Closing Credit¹
#771065, Listing Office: Keller Williams Success Realty
$600,000 List price
4612 Brook Forest Dr Panama City, FL 32404
$7,125
Closing credit¹
5 beds
3 full
4,360 sqft
0.5 acres
$138 / sqft
House
Property details
About 4612 Brook Forest Dr
Welcome to 4612 Brook Forest Drive -- a rare opportunity to own a partially updated, spacious 5-bedroom, 3-bathroom waterfront home in the heart of Panama City, offering direct access to the Gulf of America. Sitting on a 0.54-acre lot with over 100 feet of waterfront on beautiful Mill Bayou, this property is a true coastal gem perfect for boating enthusiasts, large families, or investors looking for a strong short-term rental opportunity.Spanning 4,360 square feet across two levels, this home has been thoughtfully upgraded with major improvements including:New 40-year metal roofNew HVAC system (geothermal for energy efficiency)New water heaterNew kitchen appliancesNew luxury vinyl plank flooring throughoutFresh interior paint, modern fixtures, and updated LED lightingThe property was originally built with commercial-grade construction standards:2-foot wide block walls6-inch thick interior walls2x12 joists for the second floorCommercial footings designed for lasting strength and stabilityThe flexible floor plan offers a large living area both upstairs and downstairs -- perfect for multi-generational living, hosting guests, or creating a separate rental suite. Original blueprints are available for those who may want to customize or expand further.Enjoy two oversized covered porches -- perfect for taking in the serene waterfront views, watching the sunset, or entertaining family and friends.No HOA means no rental restrictions -- short-term rentals (STR) are allowed, making this a lucrative investment option. Room for boat docks, jet skis, kayaks, and all your waterfront toys!Located just minutes from top-rated schools, parks, shopping, and dining, yet tucked away on a peaceful street surrounded by majestic oak trees that provide natural beauty and privacy.Highlights:Waterfront property with Gulf accessShort-term rentals allowed (no HOA)Room for boat docks and outdoor entertainment spacesUpgraded inside and out -- turnkey conditionStrong future appreciation potential in growing Panama City marketThis property is a rare find -- offering space, strength, updates, waterfront lifestyle, and income potential all in one.Schedule your private showing today -- paradise awaits at 4612 Brook Forest Drive!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingAttic Fan, Central Air, Ceiling Fan(s), Electric
Size4,360 sqft
Lot size0.54 Acres
Year built1978
ParkingAttached, Garage
MLS #767950
Attached garage1 space
WaterfrontBayou, Dock Access, Seawall, Waterfront
FireplaceOutside
ViewBayou
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Range Hood
- Interior: Storage
- Fireplace: Outside
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Garage
- Waterfront: Bayou, Dock Access, Seawall, Waterfront
- View: Bayou
- Exterior: Balcony
- Architectural Style: Rustic
- Heating: Central, Electric, Fireplace(s)
- Cooling: Attic Fan, Central Air, Ceiling Fan(s), Electric
- List Price: $600,000
- Price/SqFt: $137
- Annual Tax Amount: $2,341
- Tax Year: 2023
- Lot: Waterfront
- Directions: From Panama City Mall, continue to US-231 N. Take FL-389 to Brook Forest Dr. Turn right onto Brook Forest Dr. Destination will be on the left.
- Year Built: 1978
- Living Area: 4,360 SqFt
- Lot Size: 0.54 Acres
- MLS Number: 767950
- MLS Name: BCAR
- Office Name: RE/MAX Freedom
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: 5/21/2025, 5:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$600,000
4612 Brook Forest Dr
$7,125
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2011 | Home Sold | $207,000 |
| Oct 02, 2003 | Home Sold | $249,800 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $222,803 | $2,341 |
| 2022 | $216,314 | $2,097 |
| 2021 | $177,796 | $2,097 |
| 2020 | $175,341 | $1,695 |
| 2018 | $210,119 | $2,142 |
| 2017 | $205,797 | $2,129 |
History based on county public records data.
Nearby schools
9
North Bay Haven Charter Academy Elementary School
Public Charter KG-5
0.4 mi
•1 Buccaneer Dr
4
Deer Point Elementary School
Public District KG-5
1.9 mi
•4800 Highway 2321
6
Bay Haven Charter Academy
Public Charter KG-5
2.0 mi
•2501 Hawks Landing Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,318. Most Panama City, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
42%
35k-100k
10%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Pro Wrestling
Where do the neighbors shop?
Kmart
Dollar General
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Dominos Pizza
What do the neighbors drive?
Buick
Ram
Ford
What do the neighbors listen to?
Oldies
Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4612 Brook Forest Dr
The listing price of 4612 Brook Forest Dr property is $600,000.
The property 4612 Brook Forest Dr is a house located in Panama City, Florida, 32404.
Active Listing: 4612 Brook Forest Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4612 Brook Forest Dr are: North Bay Haven Charter Academy Elementary School (GreatSchools Rating 9/10), Deer Point Elementary School (GreatSchools Rating 4/10), Bay Haven Charter Academy (GreatSchools Rating 6/10), North Bay Haven Charter Academy Middle School (GreatSchools Rating 8/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Merritt Brown Middle School (GreatSchools Rating 3/10), North Bay Haven Career Academy (GreatSchools Rating 9/10), A Crawford Mosley High School (GreatSchools Rating 6/10), Rutherford High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,341 (source: MLS/based on county public records data).
The last sale was on November 8, 2011 for $207,000 (source: MLS/tax record).
The property at 4612 Brook Forest Dr has 5 bedrooms and 3 bathrooms.
The property 4612 Brook Forest Dr is 4,360 SqFt (source: MLS/tax record).
The year of construction for 4612 Brook Forest Dr is 1978.
This home is located at 4612 Brook Forest Dr in Panama City, FL and zip code 32404 in the Brook Forest Unit One neighborhood. This 4,360 square foot home, which was built in 1978, sits on a 0.54 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $600,000.
In April 2025, from all listings sold in Panama City, FL there were more than 20 sold above asking price, over 127 sold below and more than 60 were sold right at the asked price. The number of listings in Panama City, FL increased by 2.2% between March and April 2025. While the average time on the market in April 2025 was 83 days, the median list price was $334,464.
From Rocket Homes Real Estate and based on county public records data.