New - 3 days on Rocket
$5,699 Closing Credit¹
#769096, Listing Office: Think Real Estate
$589,000 List price
5108 Deep Bayou Dr Panama City, FL 32404
$6,994
Closing credit¹
4 beds
3 full
2,670 sqft
0.8 acres
$221 / sqft
House
Property details
About 5108 Deep Bayou Dr
Welcome to 5108 Deep Bayou Drive, an exceptional home in the coveted Deer Point Lake area! Nestled in a peaceful cul-de-sac neighborhood, this charming residence sits on an oversized corner lot with private dock access to the lake. Enjoy the serene views from the spacious covered front porch--a perfect spot to relax and unwind.Inside, the home boasts a bright and airy open floor plan, ideal for both everyday living and entertaining. The oversized living room is centered around an electric fireplace and opens into a heated and cooled sunroom, offering a year-round retreat. A formal dining room and a private office provide additional flexible spaces.The kitchen is a chef's delight with sleek solid surface countertops, stainless steel appliances, and plenty of storage space. The generously-sized primary suite is a true sanctuary, complete with two walk-in closets, a large soaking tub, separate shower, and double vanities. Two additional bedrooms share a spacious ''Jack & Jill'' bathroom with double vanities, perfect for family or guests. The large 4th bedroom is close to the primary, that would be perfect to have the little ones nearby. Step outside and you'll find a fantastic 30'x15' covered pavilion, ideal for outdoor gatherings, along with a cozy fire pit for cool evenings. The expansive backyard offers plenty of space for play, relaxation, and enjoying the outdoors.The detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite. The potential is limitless!2022 Upgrades include:Culligan water softener and sulfur removal systemNew pressure tankNew Siemens indoor electrical panelNew well pump, piping, and electrical system (with Schedule 80 conduit)New outdoor electrical panelUpgraded electrical panel in the detached garageNew HVAC system with Ecobee thermostat2020 New RoofThis home has it all--spacious living, amazing outdoor amenities, and endless potential. Don't miss out on this rare opportunity to own a piece of paradise in the Deer Point Lake area!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,670 sqft
Lot size0.82 Acres
Year built1989
ParkingAttached, Driveway, Detached, Garage, Garage Door Opener, Oversized, Paved
MLS #767824
Attached garage3 spaces
WaterfrontDeeded Access
ViewLake
Summary
- MLS Number: 767824
- MLS Name: BCAR
- Office Name: Corcoran Reverie
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: 2/22/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$589,000
5108 Deep Bayou Dr
$6,994
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 29, 2023 | Home Sold | $570,000 |
| Jul 27, 2022 | Home Sold | $535,000 |
| Dec 23, 2015 | Home Sold | $300,000 |
| Oct 09, 2012 | Home Sold | $239,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $457,594 | $5,770 |
| 2022 | $295,398 | $3,011 |
| 2021 | $293,526 | $3,011 |
| 2020 | $182,219 | $- |
| 2018 | $254,281 | $- |
| 2017 | $254,995 | $- |
History based on county public records data.
Nearby schools
4
Deer Point Elementary School
Public District KG-5
2.9 mi
•4800 Highway 2321
4
Tommy Smith Elementary School
Public District PK-5
3.8 mi
•5044 Tommy Smith Dr
6
Southport Elementary School
Public District PK-5
4.1 mi
•1835 Bridge St
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 $69,200. The most common annual income of people living in Panama City, FL is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
65%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
23%
Single, No Kids
8%
Single, with Kids
48%
Married, No Kids
21%
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
14%
18-34 yrs old
51%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5108 Deep Bayou Dr
This home is located at 5108 Deep Bayou Dr in Panama City, FL and zip code 32404 in the Highpoint No. Two neighborhood. This 2,670 square foot home, which was built in 1989, sits on a 0.82 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $589,000.
In January 2025 more than 10 listings in Panama City, FL were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 87 were sold below. The number of listings in Panama City, FL increased by 1.1% between December and January 2025. While the average time on the market in January 2025 was 84 days, the median list price was $337,558.
From Rocket Homes Real Estate and based on county public records data.