5 Blue Crab Lane, Panama City Beach, FL 32413 (MLS# 1002819)


$2,950,000
5 Blue Crab Lane
Panama City Beach, FL 32413
MLS# 1002819
4 beds  |  5 baths  |  4939 sqft


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Property 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.

Details
General Property Info
userdefined76: 0
Sub-Type: Detached Single Family
Design: Craftsman Style
SqFt Source: Appraiser
Garage: Yes
Carport: No
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 4939
Bedrooms: 4
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 1987
Acreage: 0.94
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 597.29
List Date: 2026-05-11
Current Price: $2,950,000
List Price: $2,950,000
Location, Tax and Legal
Sub Area: 2722 - Beach - North West
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Legal Description: 33 2S 17W -5.1- 12C BEG 283.70' E & 320' N OF SW COR OF GOVT LOT 2 TH W 50' N 291.01' M/L TO LAKE POWELL ELY ALG LAKE 210' S 164' W 50' S 80' W 100' TO POB LESS -5.1A- (SUBJ TO ESMT ORB 3441 P 301) ORB 3441 P 302
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 900
Annual Assessment Amount: 900
Assessment Paid: Annually
New Buyer Fee: No
Last Taxes: 8294.26
Last Tax Year: 2025
Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.
As Is: No
Remarks & Misc
Remarks: 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.
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Utilities
Electric: 1
Zoning
Resid Single Family: 1
Energy
AC - Central Elect: 1
Bedroom
First: 1
Second: 1
Third: 1
Kitchen
Second: 1
Living Room
Second: 1
Rooms
Bedroom: 1
Family Room: 1
Kitchen: 1
Living Room: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 5
Street Name: Blue Crab
Street Suffix: Lane
State: FL
Zip Code: 32413
County: Bay
Project Name/Subdivision: Palmetto Bluff
Parcel ID: 35277-010-000
Property Features
Construction Status: Construction Complete
Zoning: Resid Single Family
Parking Features: Garage
Utilities: Electric
Energy: AC - Central Elect
Bedroom: First; Second; Third
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Family Room; Kitchen; Living Room
Room Information
Room Name Level Dimensions Length Width Remarks
Family RoomSecond33 x 1433.0014.00Main Level
Living RoomSecond20 x 2420.0024.00Main Level
KitchenSecond17 x 3717.0037.00Main Level
BedroomSecond18 x 2018.0020.00Main Level
BedroomThird11 x 1311.0013.00Upper Level
BedroomFirst12 x 1412.0014.00Lower Level

Listing Office: Holiday Beach Real Estate Inc

Last Updated: May - 11 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.