For sale

Price cut: $10K (1/16)

$149,000

5528 Adalee Rd, Panama City, FL 32404

0beds

1,024sqft

Est.:

Attached Single Unit

Built in 1986

1.43 Acres Lot

$-- Zestimate^®

$146/sqft

$-- HOA

What's special

Former church spaceStucco exteriorUpdated hvac

PRIME LOCATION! This 1.43-acre property tucked away in the quiet Bayou George Heights community offers incredible potential in a peaceful setting. Just a short drive to Tyndall Air Force Base and Panama City's shopping, dining, and white-sandy beaches; this property offers both convenience and tranquil surroundings -- the perfect combination for investors, builders, or homeowners looking to create something special. Featuring a sturdy block construction with a stucco exterior, a new roof (2019), and updated HVAC, this former church space is ideal for various uses. The county permits the use of this property for duplexes, single-family homes, and mobile homes.

328 days

485

14

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Cooling

None

Features

Studio

Interior area

Total structure area: 1,024
Total interior livable area: 1,024 sqft

Property

Features

Stories: 1
Pool features: None

Lot

Size: 1.43 Acres

Details

Parcel number: 05638020000
Zoning description: Mobile Home,Resid Multi-Family,Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Attached Single Unit
Attached to another structure: Yes

Condition

Construction Complete
Year built: 1986

Utilities & green energy

Sewer: Septic Tank
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Bayou George Hts

Location

Region: Panama City

Financial & listing details

Price per square foot: $146/sqft
Date on market: 3/27/2025
Cumulative days on market: 329 days
Listing terms: Conventional,FHA,None,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/16/2026	Price change	$149,000-6.3%$146/sqft
Source: ECAOR #972273 Report a problem
11/26/2025	Price change	$159,000-3.6%$155/sqft
Source: ECAOR #972273 Report a problem
7/29/2025	Price change	$165,000-2.9%$161/sqft
Source: ECAOR #972273 Report a problem
3/27/2025	Listed for sale	$170,000+17.2%$166/sqft
Source: ECAOR #972273 Report a problem
1/14/2022	Sold	$145,000-12.1%$142/sqft
Source: CPAR #720032 Report a problem
1/12/2022	Pending sale	$165,000$161/sqft
Source: CPAR #720032 Report a problem
12/11/2021	Listed for sale	$165,000$161/sqft
Source: CPAR #720032 Report a problem