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Harrison Lilly Team

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

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5121 Stratford Ave , Panama City, FL 32404
$505,000
Est. Payment: $2,790.05/mo
2 Bed
4 Bath
1509 Sqft
0.48 Acres
Status: Active | Days on site: 0
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Harrison Lilly Team
Owner/Operator

House Description

A boater's dream with limitless potential! Situated on a sprawling lot in an established neighborhood with NO HOA, this classic 1959 waterfront property boasts true deepwater access with a private dock capable of accommodating a large vessel. Offered in true ''As-Is'' condition, this home needs work but delivers good bones, character, and a coastal lifestyle. Step inside to a layout designed around water views and entertaining. The dining room serves as a focal point with tile flooring, a custom accent ceiling, and panoramic waterfront views that flood the space with natural light. Adjacent sits a versatile, oversized service bar that seamlessly connects the dining area to the living room, where you'll find classic hardwood floors and a cozy gas fireplace with a brick surround. The generous kitchen comes fully equipped with newer GE stainless steel appliances, an island with a cooktop, a pantry, an abundance of cabinetry, and charming green tile countertops. The home features 3.5 bathrooms, including a convenient exterior-access bathroom ideal for rinsing off after a day out on the water or on the boat. The primary suite includes a walk-in closet and a beautifully renovated en-suite bathroom complete with an updated vanity, a tiled shower with seating, a free-standing soaking tub, and a stunning stained-glass window. Outside, the large lot features a detached garage/workshop equipped with power--perfect for boat maintenance, DIY projects, or extra storage. Bring your boat, bring your vision, and secure rare deepwater property today!

Highlights

Listed by Mary Sowell , 850-832-9496 Keller Williams Success Realty , 850-249-0313. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.48

Year Built

1959

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

796333

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Cooktop, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s),Window Unit(s)
Fireplaces:Gas
Other:
  • ▪ Additional:Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Workshop

Exterior Features

Lot:Paved
Lot Dimensions:90.0 ft x 233.0 ft
Roof:Metal
Others:
  • ▪ Additional:Covered Patio, Dock
Sewer:Public Sewer
Principal Interest
$2,790
Taxes
$322

Home Price

$505,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$101,000
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:
$2,790.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,790.05 $321.94 $0.00 $3,111.99
Yearly $33,480.63 $3,863.25 $0.00 $37,343.88
Total $1,004,418.81 $115,897.50 $0.00 $1,120,316.31

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, 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: 2026-10-07T03:46:57.000Z

© 2026 Bay County Association of REALTORS