4612 Brook Forest DR Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32404
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,360 sqft
Price per Sqft $137
Subdivision Brook Forest U-1
MLS Listing ID 767950
Style Rustic
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,341
Tax Year 2023
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Detached
Property Description
Welcome to 4612 Brook Forest Drive -- a rare opportunity to own a partially updated, spacious 5-bedroom, 3-bathroom waterfront home in the heart of Panama City, offering direct access to the Gulf of America. Sitting on a 0.54-acre lot with over 100 feet of waterfront on beautiful Mill Bayou, this property is a true coastal gem perfect for boating enthusiasts, large families, or investors looking for a strong short-term rental opportunity.Spanning 4,360 square feet across two levels, this home has been thoughtfully upgraded with major improvements including:New 40-year metal roofNew HVAC system (geothermal for energy efficiency)New water heaterNew kitchen appliancesNew luxury vinyl plank flooring throughoutFresh interior paint, modern fixtures, and updated LED lightingThe property was originally built with commercial-grade construction standards:2-foot wide block walls6-inch thick interior walls2x12 joists for the second floorCommercial footings designed for lasting strength and stabilityThe flexible floor plan offers a large living area both upstairs and downstairs -- perfect for multi-generational living, hosting guests, or creating a separate rental suite. Original blueprints are available for those who may want to customize or expand further.Enjoy two oversized covered porches -- perfect for taking in the serene waterfront views, watching the sunset, or entertaining family and friends.No HOA means no rental restrictions -- short-term rentals (STR) are allowed, making this a lucrative investment option. Room for boat docks, jet skis, kayaks, and all your waterfront toys!Located just minutes from top-rated schools, parks, shopping, and dining, yet tucked away on a peaceful street surrounded by majestic oak trees that provide natural beauty and privacy.Highlights:Waterfront property with Gulf accessShort-term rentals allowed (no HOA)Room for boat docks and outdoor entertainment spacesUpgraded inside and out -- turnkey conditionStrong future appreciation potential in growing Panama City marketThis property is a rare find -- offering space, strength, updates, waterfront lifestyle, and income potential all in one.Schedule your private showing today -- paradise awaits at 4612 Brook Forest Drive!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Storage
Heating Central,Electric,Fireplace(s)
Cooling Attic Fan,Central Air,Ceiling Fan(s),Electric
Fireplaces Type Outside
Furnishings Unfurnished
Fireplace Yes
Appliance Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Microwave,Refrigerator,Range Hood
Exterior
Exterior Feature Balcony
Parking Features Attached,Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Chain Link
Community Features Short Term Rental Allowed
Utilities Available Cable Available
Waterfront Description Bayou,Dock Access,Seawall,Waterfront
Water Access Desc Bayou,Dock Access,Seawall,Waterfront
View Bayou
Roof Type Metal
Porch Balcony,Covered,Patio
Building
Lot Description Waterfront
Story 2
Architectural Style Rustic
Additional Building Other
Schools
Elementary Schools Deer Point
Middle Schools Merritt Brown
High Schools Mosley
Others
Tax ID 11513-020-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is