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Lagoon Knoll

Panama City Beach, FL 32408
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Acres0.46

Acre(Lot)

Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements). All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties. Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike. Property Highlights: *Part of a 4-parcel assemblage being sold together *Total combined acreage approx. 1.79 acres *Located in a short-term rental friendly area (buyer to verify local regulations) *Potential for up to 16 single-family homes across all parcels *250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage) *Utilities available *close to beach access, dining, attractions, and shopping *Ideal for developers, builders and short-term rental investors A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets. (Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)

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Detail Ic Property Details

Property Type : Land

Price : $175,000

AD Id : 75248773

MLS Id : 785135

Lot Size : 0.46 Acre(Lot)

County : Bay

Subdivision: No Named Subdivision

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Feature Features

  • Lot Information

    Lot Dimensions: 100 X 200 Main Square Feet: 0.46 Lot Size Acres: 0.46 Lot Size Square Feet: 20,038 Lot Description: Paved

    Property Information

    Subdivision: Lagoon Heights Source Property Type: Land MLS Area Minor: 0319 - Beach - East Zoning Description: Resid Single Family Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $175000

  • Tax Information

    Parcel Number: 30201-010-000 Tax Year: 2025 Annual Tax: $1210 Tax Legal Desc: 6 4S 15W -11.4-58B2 BEG 572' E OF & 860' S OF NW COR OF NE1/4 OF NW1/4 OF SEC TH E 200' S 100' W 200' N 100' TO POB AKA LOT 22 BLK 4 LAGOON HTS UNREC ORB 4525 P 714

  • School Information

    Elementary School: Breakfast Point Junior High School: Breakfast Point Senior High School: Arnold
  • Location Information

    Direction: Drive south on Joan Avenue to Houston Street. Make a left onto Houston Street and then a right onto Lagoon Knoll. Drive south on Lagoon Knoll for about 1/3 miles and property will be on the right.
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Nearby Home Value

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5226 Kingston Circle, Panama City, FL, 32408 $110,000 -- -- -- 0.11 Acre(Lot)

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ByOwner last updated this listing 06/11/2026 @ 17:25

MLS: 785135 LISTED BY: Alisa Duren, Bluewater Realty of Bay County Inc 850-832-0950 SOURCE: CPAR

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