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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5 Blue Crab Ln , Panama City Beach, FL 32413
$2,950,000
Est. Payment: $16,298.33/mo
4 Bed
5 Bath
4939 Sqft
0.9 Acres
Status: Active | Days on site: 198
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HBRE - B8530
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Harrison Lilly Team
Owner/Operator

House Description

Tucked along the quiet shoreline of Lake Powell, this spacious 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.

Highlights

Listed by Bryan Kiefer , 850-830-2843 Holiday Beach Real Estate Inc , 850-660-5108. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.9

HOA Fee

Year Built

1987

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Palmetto Bluff

Listing ID

780535

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:150 x 247
Others:
  • ▪ Additional:Boat Slip, Deck
Principal Interest
$16,298
Taxes
$671
HOA
$0

Home Price

$2,950,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,298.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,298.33 $670.75 $0.00 $16,969.08
Yearly $195,579.90 $8,049.00 $0.00 $203,628.90
Total $5,867,397.03 $241,470.00 $0.00 $6,108,867.03

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

© 2026 Bay County Association of REALTORS