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7005 S Lagoon Drive

Panama City Beach, FL 32408
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Bed 3

Bed

Bath 2

Bath

Acres0.14

Acre(Lot)

OPEN HOUSE THIS SUNDAY 1:30-4PM! Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, s pacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.

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Detail Ic Property Details

Property Type : Residential

Price : $425,000

AD Id : 84867104

MLS Id : 791330

Beds : 3

Lot Size : 0.14 Acre

Year Built : 1978

County : Bay

Subdivision: Wellingtons Edge

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 5

    Roofing Information

    Metal
  • Interior Features

    MainLevelPrimary, ShowerOnly
    Roof: Metal
    Appliances: ElectricRange, ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1978
    Building Area Total: 1156
    Construction Materials: Brick
    Stories: 1
    Patio And Porch Features: Covered, Open, Patio, Porch
    Private Pool: No
  • Exterior Features

    Exterior Features: Patio

  • Lot Information

    Lot Dimensions: 55.0 ft x 117.0 ft Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Size Square Feet: 6,098

    Property Information

    Subdivision: Holiday Beach Unit 13 Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: One Property Age: 48

  • Listing Price Information

    Listing Price: $425000

  • Tax Information

    Parcel Number: 30808-070-000 Tax Year: 2025 Tax Legal Desc: HOLIDAY BEACH UNIT #13 LOT 9 BLK W ORB 4797 P 1644

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    ElectricityAvailable
  • Location Information

    Direction: From Thomas Drive go North on Venus St to the end, right on South Lagoon. Security Features: SmokeDetectors
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ByOwner last updated this listing 08/04/2026 @ 19:03

MLS: 791330 LISTED BY: Mindi Sato, Keller Williams Success Realty 850-249-0313 SOURCE: CPAR

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