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6722 S Lagoon Drive

Panama City, FL 32408

$1,185,000 $4,996/Mo

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Overview

Bed

Bath

0.25

Acre(Lot)

Description

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level o ffers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

Property Details

Property Type : Residential

Price : $1,185,000

AD Id : 78870564

MLS Id : 790039

Beds : 5

Lot Size : 0.25 Acre

Year Built : 1981

County : Bay

Subdivision: The Grandview Palace Cond

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 5 Full Baths: 4 Half Baths: 1

Room Information

Rooms Total: 6

Roofing Information

Metal
Interior Features

Roof: Metal

Appliances: ElectricRange
Heating & Cooling

Has Heating: Yes Heating: Central, Ductless Has Cooling: Yes Cooling: CentralAir, Ductless Water front: 1

Building Information

Year Built: 1981

Building Area Total: 2720

Construction Materials: HardiplankType

Patio And Porch Features: Balcony, Deck

Private Pool: No

Water front Features: Lagoon,BoatDockSlip,Seawall

View: Lagoon
Exterior Features

Exterior Features: BoatLift, BoatSlip, BoatRamp, CoveredPatio

Lot Information

Lot Dimensions: 40x210x70x191 Main Square Feet: 0.25 Lot Size Acres: 0.25 Lot Size Square Feet: 10,890

Property Information

Subdivision: Holiday Beach Unit 1 Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Multi Family Property Age: 45

Listing Price Information

Listing Price: $1185000

Tax Information

Parcel Number: 30619-000-000 Tax Year: 2025 Annual Tax: $7993 Tax Legal Desc: HOLIDAY BEACH UNIT #1 LOT 44 BLK A ORB 4329 P 892

School Information

Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
Location Information

Direction: Thomas Drive turn North on Sabine St. Turn left on S Lagoon. West side of boat launch.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3511 Cottage Cove Lane, Panama City, FL, 32408	$599,000	4	3	--
3513 Cottage Cove Lane, Panama City, FL, 32408	$599,000	4	3	--
3620 Woods Lane, Panama City, FL, 32408	$579,900	3	2	--
3539 Sanctuary Drive, Panama City, FL, 32408	$796,900	5	4	--
3561 Sanctuary Drive, Panama City, FL, 32408	$848,000	4	4	--
3541 Sanctuary Drive, Panama City, FL, 32408	$699,900	4	3	2,255	2,255 SqFt
3730 Preserve Bay Boule.., Panama City, FL, 32408	$8,750,000	5	10	--
124 Legend Lakes Drive, Panama City, FL, 32408	$925,000	4	3	--
100 Legend Lakes Drive, Panama City, FL, 32408	$814,900	3	2	--
4100 Marriott Drive #208, Panama City, FL, 32408	$449,900	2	2	--

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ByOwner last updated this listing 06/10/2026 @ 22:23

MLS: 790039 LISTED BY: Heather Fox, Beachy Beach Real Estate 850-532-6262 SOURCE: CPAR