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Street View
$2,650,000
Monthly Est:$13,190
4 Beds
- 5 Baths
5 full baths
4,939sqft
5 Blue Crab Ln, Panama City Beach, FL 32413
$2,650,000
$13,190/moEst:
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Single Family Residence
Built in 1987
$75/mo HOA
0.9 acre lot
$537/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 15, 2026 at 2:10 pm
- Listing Provided by: Bryan Kiefer (850) 830-2843 | Holiday Beach Real Estate Inc (850) 660-5108
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 780535

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1987
HOA Fees
$75/mo
Finished Area
4,939 sqft
Lot Size
0.9 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
780535
MLS Status
Active
Days on Market
363
Cumulative Days on Market
336

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Location
HOA Management
N/A
HOA Fees
$900/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Guard
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Bedroom
Level: Third
Area: 455.00 Square Feet
Dimensions: 13 x 35
Bedroom
Level: Third
Area: 143.00 Square Feet
Dimensions: 11 x 13
Bedroom
Level: Third
Area: 273.00 Square Feet
Dimensions: 13 x 21
Bedroom
Level: Second
Area: 360.00 Square Feet
Dimensions: 18 x 20
Kitchen
Level: Second
Area: 629.00 Square Feet
Dimensions: 17 x 37
LivingRoom
Level: Second
Area: 480.00 Square Feet
Dimensions: 20 x 24
FamilyRoom
Level: Second
Area: 462.00 Square Feet
Dimensions: 33 x 14
Interior
Cooling
Central Air
Heating
Electric
Exterior Features
Boat Slip, Deck
Construction
Year Built
Year Built: 1987
Home type
Single Family Residence
Architectural Style
Craftsman
Utilities & Energy
Utilities
Electricity Available
Pool Features
Screen Enclosure, Private
Other Features
Patio And Porch Features
Deck
Subdivision Name
Palmetto Bluff
Price History
| Date | Event | Price |
|---|---|---|
05/11/2026 Source: | Price Increased | $2,950,000 +11.32% $597/sqft |
05/11/2026 Source: | Price Decreased | $2,650,000 -32.91% $537/sqft |
02/03/2026 Source: | Price Decreased | $3,950,000 -1.25% $800/sqft |
10/17/2025 Source: | Listed for Sale | $4,000,000 -35.48% $810/sqft |
12/05/2023 Source: | Off Market | $6,200,000 +1430.86% $1,255/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 15, 2026, 06:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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