8120 S Lagoon Drive
Panama City, FL 32408
5
Bed
4
Bath
0.21Acre(Lot)
Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions. Thoughtfully renovated from top to bottom, the home features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor and the primary suite plus two additional bedrooms on the seco
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 7Roofing Information
Metal -
Interior Features
UpperLevelPrimaryRoof: MetalAppliances: ElectricOven -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 1983Building Area Total: 2625Patio And Porch Features: BalconyPool Features: InGround, PrivatePrivate Pool: YesWater front Features: LagoonView: Lagoon -
Exterior Features
Exterior Features: BoatLift, Dock
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Lot Information
Lot Dimensions: 176x53 Main Square Feet: 0.21 Lot Size Acres: 0.21 Lot Size Square Feet: 9,322 Lot Description: PavedProperty Information
Subdivision: Silver Sands Unit 1 Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Single Family Residence Property Age: 43
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Listing Price Information
Listing Price: $1475000
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Tax Information
Parcel Number: 30196-073-000 Tax Year: 2025 Annual Tax: $10731 Tax Legal Desc: SILVER SANDS UNIT 1 LOT 14 BLK D ORB 4600 P 2086
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Location Information
Direction: Travel from Front Beach Road, and turn south onto Joan Avenue. From Joan Avenue turn left onto Thomas Drive and travel east approximately 1 mile. Turn left onto Silver Sands Road and travel until it dead ends. 8120 South Lagoon Drive is at the end of Silver Sands Road right in front of the intersection of Silver Sands Road and South Lagoon Drive.
How much is this property worth?
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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 06/18/2026 @ 17:49
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