5108 Deep Bayou Drive, Panama City, FL 32404

$575,000
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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET2,670 MLS#792455
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSpikes Addto Highpoint

Property Description

Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully updated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake. Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality. At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties. The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation. Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages, 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. Significant improvements completed in 2022 provide lasting peace of mind and modern efficiency, including: * Culligan water softener and sulfur removal system * New pressure tank * New well pump, seal, piping * New Siemens interior electrical panel * New exterior electrical panel * Upgraded electrical panel in the detached garage * New HVAC system with Ecobee smart thermostat and upgraded return In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets. The landscaping was updated spring of 2026. Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

5108 Deep Bayou Drive | MLS# 792455

This single family home located at 5108 Deep Bayou Drive, Panama City, FL 32404 is currently listed for sale with an asking price of $575,000. This property was built in 1989 and has 4 bedrooms and 3 full baths with 2670 sq. ft. Deep Bayou Drive is located in the Spikes Addto Highpoint subdivision. Search Spikes Addto Highpoint real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s), Humidity Control
Fenced: Yes
Garage: 3
Heating: Central, Electric, ENERGY STAR Qualified Equipment, F
Home Style: Ranch
Lot Size: 0.82 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,591
Year Built: 1989

Amenities

Double Vanity
Jetted Tub
Main Level Primary
Separate Shower
Walk-In Closet(s)
Fire Pit
Rain Gutters

Feature Descriptions

Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Water Purifier Owned
Days on Site: 6
Exterior: Brick, Vinyl Siding
Fencing: Fenced, Privacy
Fireplace: Electric
Lot: Cul-De-Sac, Sprinkler System
Lot Dimensions: 170.0 ft x 210.0 ft
Parcel#: 05448-020-000
Parking: Additional Parking, Garage, Garage Door Opener
Parking Notes: Additional Parking, Garage, Garage Door Opener
Patio/Porch: Covered, Patio, Porch
Security: Secured Garage/Parking, Security Lights, Smoke Detector(s)
Utilities: Electricity Available
Window: Double Pane Windows

Room Sizes

Patio: 30 X 15 Level - First
Garage: 34 X 34 Level - First
Garage: 20 X 20 Level - First
Bedroom: 13.5 X 11.5 Level - First
Bedroom: 14 X 12 Level - First
Bedroom: 14 X 11 Level - First
Primary Bathroom: 20 X 10 Level - First
Primary Bedroom: 20 X 14 Level - First
Laundry: 7 X 8 Level - First
Florida Room: 31 X 10 Level - First
Office: 13 X 12 Level - First
Breakfast Room/ Nook: 12 X 10 Level - First
Kitchen: 14 X 12 Level - First
Dining Room: 13 X 12 Level - First
Living Room: 20 X 19 Level - First

Local Schools

High School: Mosley
Middle School: Mowat
Elementary School: Deer Point

Listed By / Shown By

Listed By

Agency Name: Corcoran Reverie

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 1,996.66 per month $1,279.70 Principal & Interest $549.25 Property Tax $167.71 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/16/2026. The listing information on this page last changed on 07/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/16/2026 1:15:51 AM EST) or Stellar MLS (last updated Thu 07/16/2026 12:59:10 AM EST) or GSMLS (last updated Thu 07/16/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Thu 07/16/2026 12:05:25 AM EST) or Fort Myers (last updated Wed 07/15/2026 11:04:48 PM EST) or Central Panhandle Association of Realtors (last updated Thu 07/16/2026 1:07:19 AM EST) or Northeast Florida MLS (last updated Thu 07/16/2026 12:18:59 AM EST) or Beaches MLS (last updated Thu 07/16/2026 1:08:20 AM EST) or Naples MLS (last updated Wed 07/15/2026 11:40:22 PM EST) or Bright MLS (last updated Thu 07/16/2026 12:38:31 AM EST) or OneKey MLS (last updated Thu 07/16/2026 1:10:26 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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