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Wade M. Berlin

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5 Blue Crab Lane
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PRICED AT ONLY: $2,950,000

Address: 5 Blue Crab Lane, Panama City Beach, FL 32413

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.
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  • MLS#: 780535 ( Residential )
  • Street Address: 5 Blue Crab Lane
  • Viewed: 183
  • Price: $2,950,000
  • Price sqft: $597
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake,LakeFront
  • Year Built: 1987
  • Bldg sqft: 4939
  • Bedrooms: 4
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 2
  • Days On Market: 208
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: BoatSlip, Deck
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: ScreenEnclosure, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Electric
  • Road Frontage Type: PrivateRoad
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • 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
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 35277-010-000
  • Style: Craftsman
  • The Range: 0.00
  • View: Lake
  • Views: 183
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin