Arbor Crossing at Mill Bayou
198 Mill Bayou Blvd,
Panama City, FL 32404
$1,449 - $2,110
1-3 Beds
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Parkway Apartments
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Lake Garden Apartments
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Entrance
Parkway Apartments
5707 Lake Dr,
Panama City,
FL
32404
2 Weeks Ago
Favorites
Parkway Apartments
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About Parkway Apartments
Experience a new place to live at Parkway Apartments in Panama City, FL. This apartment community is located in Panama City on Lake Dr. in the 32404 area. Schedule a time to see the available floorplan options. The community staff is ready to take you for a tour. Contact us or drop by the leasing office to find out the availability today and find your new home at Parkway Apartments.
Parkway Apartments is an apartment community located in Bay County and the 32404 ZIP Code. This area is served by the Bay attendance zone.
Community Amenities
- Playground
Apartment Features
- Air Conditioning
- Heating
5707 Lake Dr,
Panama City,
FL
32404
Located along Florida's Emerald Coast, Panama City combines coastal living with Southern hospitality. The rental market offers various options, with one-bedroom apartments averaging $1,215 per month, while three-bedroom homes average $1,879. Recent trends show some softening in rental rates, with one-bedroom units experiencing a 4.5% decrease year-over-year. Notable areas include historic St. Andrews, featuring a waterfront district and weekly farmers' market, and the downtown area with its expanding arts scene and local shops. The presence of Florida State University Panama City and Gulf Coast State College adds to the city's educational landscape.
Panama City's location on St. Andrews Bay provides year-round opportunities for water recreation and outdoor activities. The city spans 36 square miles, featuring public parks, marinas, and green spaces throughout the community. Tyndall Air Force Base, a significant presence in the area, is undergoing a $5.3 billion renovation project.
Learn more about living in Panama City
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 21 min | 11.9 mi | |
| Drive: | 28 min | 17.0 mi | |
| Drive: | 53 min | 34.7 mi |
Parkway Apartments is within 21 minutes or 11.9 miles from Gulf Coast State, Panama City. It is also near Gulf Coast State, North Bay and Gulf Coast State, Franklin Ctr.
Schools
Public Elementary School
Grades PK-5
476 Students
Attendance Zone
Public Elementary, Middle & High School
Grades PK-12
161 Students
Nearby
Public Middle School
Grades 6-8
726 Students
Attendance Zone
Public Middle & High School
Grades 6-12
1,278 Students
Attendance Zone
Private Elementary & Middle School
Grades PK-8
Nearby
Private Elementary & Middle School
Grades K-8
Nearby
Private Elementary, Middle & High School
Grades K-12
Nearby
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Walkability Near Parkway Apartments
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
20
/ 100
Very Drivable
Drivability
80
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
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Soundscore™
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/ 100
Traffic
-Airport
-Businesses
-Scores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksExplore Similar Rentals Nearby
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1 Bed$1,556+2 Beds$1,755+3 Beds$2,405+Total Monthly PriceTotal Monthly Price NewPrices include base rent and required monthly fees of $90. Variable costs based on usage may apply.Base Rent:1 Bed$1,465+2 Beds$1,664+3 Beds$2,314+1 Month Free
Pets Allowed Fitness Center Pool Stainless Steel Appliances Package Service Controlled Access EV Charging
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
5707 Lake Dr
Panama City, FL 32404