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Lower Grand Lagoon, FL Homes for Sale

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  • /39

    $450,000

    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft

    5801 Thomas Dr Unit 1119, Panama City Beach, FL 32408

    ALERT!!! MASTER ON THE GULF WITH WINDOW THAT OPENS TO HEAR THE GULF BREEZE. YOU ALSO HAVE A PRIVATE DOOR FROM THE MASTER THAT GOES TO THE PATIO. This fully furnished, and stunning 2 bed 2 bath condo is located on the popular East End of PCB Beach! REGENCY TOWERS HAS IT ALL! TWO LARGE POOLS AND SUPER COOL TIKI BAR AND EATERY ONSITE/POOLSIDE. The other amenities at Regency Towers are second to

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    Sassy French

    Keller Williams Success Realty

    (448) 218-0691

    5801 Thomas Dr Unit 1119, Panama City Beach, FL 32408
  • /18

    $525,000

    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408

    Beautifully updated Deluxe 2BR/2BA fully furnished condominium, 1286 sq. ft. This amazing condo has been well maintained, and rental ready. Fully equipped Kitchen w/breakfast bar. Wonderful Gulf front views from Living, Dining, Kitchen and Master Bedroom. Large balcony to relax and watch the sunsets. Condo has many 'upgrades' cabinets, counters, tile flooring, sliding doors and windows just to

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 741-7378

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408
  • /50

    $299,900

    • 2 Beds
    • 2 Baths
    • 1,264 Sq Ft

    5504 Hilltop Ave Unit E, Panama City, FL 32408

    Beautifully Updated Single-Story attached single family home just steps from the Beach!Located just 0.3 miles from the stunning white sandy beaches, this spacious 2-bedroom, 2-bath attached single-family home offers the perfect blend of comfort, convenience, and coastal living.Enjoy peace of mind with numerous recent updates, including:New architectural shingle roof 2019,

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    Scott Seidler

    Keller Williams Success Realty

    (850) 783-2748

    5504 Hilltop Ave Unit E, Panama City, FL 32408
  • /20

    $414,000

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408

    Amazing 2 Bedroom 2 Bath in 'B' Building at Summerhouse. Kitchen with newer oak cabinets and granite counter tops, sliding glass door window treatments, all tile flooring throughout, leather living room furniture and double recliner couch, French doors that lead to master bath, master bedroom is gulf side with slider leading to balcony, mirrored closet doors in master bedroom. Amenities include:

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices

    (850) 750-7659

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408
  • /20

    $545,000

    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit E-904, Panama City Beach, FL 32408

    'Gulf Front'' Beautiful Large Deluxe 2BR 2BA 1286 sq. ft. fully furnished condominium added bonus comes Garage Space. Tile flooring throughout and bedrooms have carpet. Fully equipped Kitchen w/breakfast bar. Wonderful Gulf Front views from large balcony, you can see the beach and 1 of 3 pools, great for *Relaxation*. Condo has updated cabinets, counters, closet doors, freshly painted including

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 761-9658

    7205 Thomas Dr Unit E-904, Panama City Beach, FL 32408
  • /27

    $485,000

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    5900 Sunset Ave, Panama City, FL 32408

    Great Investment Property! Close to beach! Short Term Rentals Allowed. One A/C replaced 2021, the other one in 2017. 2017 Roof replaced. Owner uses Unit A for personal vacation use. Long term tenant in Unit B who pays month to month.

    Vera Henson

    Beach Haven Realty

    (850) 660-3533

    5900 Sunset Ave, Panama City, FL 32408
  • /88

    $2,995,000

    • 6 Beds
    • 4.5 Baths
    • 2,920 Sq Ft

    8205 Surf Dr, Panama City Beach, FL 32408

    Gulf-Front Oasis with Private Saltwater Pool & Excellent Rental Income!This stunning 6-bedroom, 4.5-bath beachfront home offers the ultimate luxury coastal living experience, sitting directly on the sugar-white sands of Panama City Beach—zero steps to the beach! With approximately 2,850 sq. ft., this beautifully designed home provides expansive Gulf views from nearly every room. The

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    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 809-9691

    8205 Surf Dr, Panama City Beach, FL 32408
  • /53

    $199,000

    • 1 Bed
    • 1 Bath
    • 623 Sq Ft

    8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408

    Rental projections up to $28K! Your turn-key coastal lifestyle awaits at 1307A in St. Thomas Square. This well-appointed residence, nestled behind private gates and perfectly perched above the vibrant local retail/restaurant spaces of the Plaza, offers over 620 sq ft of meticulously designed living space. Revel in the sophistication of ideal interior upgrades and unwind on your private balcony

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    Abigail Davis

    Corcoran Reverie SRB

    (448) 231-1738

    8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408
  • /3

    $795,000

    5952 Gulf Dr, Lower Grand Lagoon, FL 32408

    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

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    Hilary Farnum-Fasth

    Corcoran Reverie

    (448) 218-4123

    5952 Gulf Dr, Lower Grand Lagoon, FL 32408
  • /4

    $795,000

    5956 Gulf Dr, Panama City, FL 32408

    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

    Agent Photo

    Hilary Farnum-Fasth

    Corcoran Reverie

    (850) 809-3694

    5956 Gulf Dr, Panama City, FL 32408
  • /4

    $795,000

    5932 Gulf Dr, Lower Grand Lagoon, FL 32408

    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

    Agent Photo

    Hilary Farnum-Fasth

    Corcoran Reverie

    (448) 218-4711

    5932 Gulf Dr, Lower Grand Lagoon, FL 32408
  • /29

    $524,900

    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408

    'Gulf Front'' Beautifully updated Deluxe 2BR/2BA fully furnished rental ready condominium, lower floor with 1286 sq. ft. Tile flooring throughout, fully equipped Kitchen w/breakfast bar. Wonderful Gulf front views from Living, Dining, Kitchen and Master Bedroom. Large balcony to relax and watch the sunsets. Condo has many 'upgrades' cabinets, counters, flooring, sliding doors and windows just to

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 905-5721

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408
  • /26

    $179,000

    • Land
    • 0.14 Acre
    • $1,278,571 per Acre

    6900 Sunset Ave, Lower Grand Lagoon, FL 32408

    Prime Vacant Lot Opportunity in Panama City Beach!Calling all beach and boat lovers! This versatile vacant lot is your chance to own a piece of paradise in the heart of Panama City Beach. Whether you're an investor, aspiring vacation rental owner, or dreaming of your coastal forever home, this property delivers!What makes it special?•Build a single-family home and capitalize

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    Amy Killian

    Beachy Beach Real Estate

    (850) 750-9284

    6900 Sunset Ave, Lower Grand Lagoon, FL 32408
  • /43

    $479,500

    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft

    5801 Thomas Dr Unit 611, Panama City Beach, FL 32408

    Welcome to Regency Towers Condo unit 611, a captivating gem in Panama City Beach. This immaculate 2-bedroom, 2-bath unit is a turnkey vacation rental, perfect for investors and beach lovers alike. Professionally renovated this condo exudes coastal charm including new sliding glass doors in the living room and master bedroom, granite countertops and LVP flooring. The coastal decor and beachy

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    Bob Thomas

    Counts Real Estate Group Inc

    (850) 788-8264

    5801 Thomas Dr Unit 611, Panama City Beach, FL 32408
  • /31

    $695,000

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft

    7205 Thomas Dr Unit A105, Panama City, FL 32408

    Prime Gulf-Front Corner Unit at the Dunes of PanamaEnjoy endless, unobstructed views of the Emerald Coast from every room in this beautiful spacious 2-bedroom, 2-bath Gulf-front condo. With 1,600 sq. ft. of bright, open living space, this corner unit offers panoramic views from the living, dining, kitchen, and both bedrooms. STR - this is a proven income producer, this property generated

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    Paula Reyes

    Bright Realty Solutions

    (448) 233-2845

    7205 Thomas Dr Unit A105, Panama City, FL 32408
  • /73

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,367 Sq Ft

    6201 Thomas Dr Unit 1510, Panama City, FL 32408

    MONEY MAKER ALERT AT WATERCREST!!!!! INVESTORS....THIS CONDO IS ALREADY KILLING IT ON THE RENTAL MARKET WITH PROFITABLE RENTAL HISTORY WHICH CAN BE PROVIDED!!! RARE WATERCREST END UNIT... HUGE WRAP AROUND BALCONY.... WEST VIEW...FULLY REMODELED.... Welcome to paradise! This fully renovated, luxurious 2-bedroom, 2-bath Gulf-front condo on the East End of Panama City Beach is the perfect blend of

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    Sassy French

    Keller Williams Success Realty

    (448) 334-6937

    6201 Thomas Dr Unit 1510, Panama City, FL 32408
  • /65

    $619,900

    • 3 Beds
    • 3 Baths
    • 1,404 Sq Ft

    4715 Thomas Dr Unit 605, Panama City, FL 32408

    BACK ON THE MARKET DUE TO NO FAULT OF THE SELLERS.....LOW FLOOR ALERT! TWO/2 MASTERS ON THE GULF WITH SLIDERS TO THE LARGE BALCONY! FULLY FURNISHED AND ALREADY HAS A RENTAL HISTORY WITH AN ESTABLISHED CLIENTELE AND FOLLOWING.... CONDO IS HEAVILY RENTED...DATES CONDO CAN BE SHOWN IN OCTOBER: OCTOBER 12TH 11-4....OCTOBER 18-22 BLOCKED FOR SHOWINGS ....OCTOBER 22-26 OWNER STAY BUT

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    Sassy French

    Keller Williams Success Realty

    (448) 288-2740

    4715 Thomas Dr Unit 605, Panama City, FL 32408
  • /31

    $239,000

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408

    Villa 504 at the Villas at St. Thomas offers lagoon views and a rare ground-level location for effortless coastal living. This one-bedroom residence with additional bunk space features an open layout, granite countertops, breakfast bar, and seamless flow to the living area. Sliding doors lead to a private screened patio overlooking the water.Interior finishes include wood-tone plank and

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    Abigail Davis

    Corcoran Reverie

    (448) 256-3534

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
  • /84

    $875,000

    • 2 Beds
    • 2 Baths
    • 1,089 Sq Ft

    1 Dolphin Ln, Panama City Beach, FL 32408

    Fantastic Highly Sought after Venture Out Home! You need to explore Venture Out's 300 SF' of our private pristine beach, and 1000 SF' on Grand LagoonThis beautifully maintained 2 Bedroom, 2 Bath home has never been on a rental program and shows true pride of ownership. Located in Flood Zone X, it has been extensively updated from 2018-2025, making it move-in ready.2018: New roof

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    Tracye Crass

    Beach Haven Realty

    (448) 233-4416

    1 Dolphin Ln, Panama City Beach, FL 32408
  • /12

    $270,000

    • 1 Bed
    • 1 Bath
    • 336 Sq Ft

    8001 Surf Dr Unit B10, Panama City, FL 32408

    Panama City Beach Get-Away! Cozy 1BR/1BA beautifully furnished and decorated just steps away to ''World's Most Beautiful Beaches''. Newer LVP flooring, tile bath and shiplap. Stingray has pool, kiddy pool, parking in front of building, extra parking across the street and onsite laundry. Short term rental can sleep 3. Dining, shopping, fishing, golf and entertainment within minutes away. All

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (448) 334-5808

    8001 Surf Dr Unit B10, Panama City, FL 32408
  • /31

    $799,000

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft

    6323 Thomas Dr Unit 403A, Panama City, FL 32408

    Wake up to panoramic, unobstructed views of the sugar-white sands and emerald waters of Panama City Beach from your own private balcony. This beautifully updated beachfront condo captures the essence of coastal living with its open, sunlit design and relaxing atmosphere. Inside, you'll find a spacious living area filled with natural light, a fully equipped kitchen with modern appliances, and a

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    Nichole Causton

    Go Coastal Realty LLC

    (448) 231-7704

    6323 Thomas Dr Unit 403A, Panama City, FL 32408
  • /72

    $3,299,000

    • 6 Beds
    • 6.5 Baths
    • 4,747 Sq Ft

    5936 Gulf Dr, Panama City Beach, FL 32408

    Perfectly situated along the sugar-white sands of Panama City Beach, 5936 Gulf Drive offers a rare opportunity to own within an exclusive Gulf-front enclave of just twenty-six residences. Designed and built by Thor Construction, this 4,747-square-foot coastal retreat captures the essence of refined beachside living with six bedrooms, six and a half bathrooms, and a seamless blend of private

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    Hilary Farnum-Fasth

    Corcoran Reverie SRB

    (448) 327-3668

    5936 Gulf Dr, Panama City Beach, FL 32408
  • /58

    $3,299,000

    • 6 Beds
    • 6.5 Baths
    • 4,747 Sq Ft

    5944 Gulf Dr, Panama City, FL 32408

    Perfectly positioned along the pristine shoreline of Panama City Beach, 5944 Gulf Drive presents a rare opportunity to own within an intimate Gulf-front enclave of just twenty-six residences. Designed and constructed by Thor Construction, this 4,747-square-foot retreat embodies refined coastal living with six bedrooms, six and a half bathrooms, and a thoughtful balance of private sanctuaries and

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    Hilary Farnum-Fasth

    Corcoran Reverie SRB

    (448) 333-3241

    5944 Gulf Dr, Panama City, FL 32408
  • /4

    $725,000

    • Land
    • 0.13 Acre
    • $5,576,923 per Acre

    5960 Gulf Dr, Panama City Beach, FL 32408

    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and

    Agent Photo

    Hilary Farnum-Fasth

    Corcoran Reverie

    (448) 334-6943

    5960 Gulf Dr, Panama City Beach, FL 32408
  • /56

    $722,500

    • 2 Beds
    • 2 Baths
    • 1,441 Sq Ft

    6201 Thomas 408 Dr Unit 408, Panama City Beach, FL 32408

    ALL INVESTORS... DON''T MISS OUT!!! 98.6% verifiable occupancy for short term rentals with this beauty! Spectacular views of the Gulf with this gorgeous totally renovated condo from floor to ceiling. This condo is RENTAL READY AND ALREADY HAS A FOLLOWING WITH THE CURRENT RENTAL MANAGEMENT COMPANY!!! There are upgrades and personal touches to this condo that make it a stand out in the building.

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    Sassy French

    Keller Williams Success Realty

    (448) 222-2726

    6201 Thomas 408 Dr Unit 408, Panama City Beach, FL 32408
  • /57

    $338,000

    • 3 Beds
    • 2 Baths
    • 1,062 Sq Ft

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408

    Experience coastal living in this beautifully decorated waterfront villa, perfectly positioned for relaxation and adventure. The expansive primary suite offers breathtaking Lagoon views and an en-suite bath with a double sink vanity. A versatile loft bedroom adds extra flexibility. Ideal for hosting additional guests. The open-concept living and dining area is perfect for entertaining or

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    Jennifer Bond

    Compass

    (850) 905-3251

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
  • /23

    $335,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 704, Panama City Beach, FL 32408

    Escape to paradise ! This beautiful fully furnished unit features 1 Bedroom, 1.5 Bathrooms and, bunks located in the hallway. This unit is Turn Key Rental Ready !! The brand new sliding door lets you walk out onto your private balcony and enjoy the amazing views of the two pools and The Gulf of America !! Call today to schedule your very own private tour and make this place home or a great

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    Amber Thompson

    Emerald Coast Realty Group

    (448) 428-0407

    8743 Thomas Dr Unit 704, Panama City Beach, FL 32408
  • /64

    $410,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1806, Panama City, FL 32408

    Escape to paradise at Seychelles Beach Resort, where sweeping Gulf views & the soothing sound of waves define coastal living. Beautiful 1-BR, 2-BA condo with a versatile bunk area comfortably functions like a 2-BR retreat, offering plenty of space for family or guests. The open living area flows onto a private Gulf-front balcony perfect for enjoying morning coffee, evening sunsets or simply

    Donna Fox Compass

    5115 Gulf Dr Unit 1806, Panama City, FL 32408
  • /55

    $675,000

    • 4 Beds
    • 4 Baths
    • 2,380 Sq Ft

    6328 Beach Dr, Panama City, FL 32408

    Welcome to 6326/6328 Beach Drive, a rare beachside duplex located just one block from the sugar-white sands of Panama City Beach. This incredible income-producing opportunity offers two spacious units, each with 2 bedrooms and 2 bathrooms, perfect for short-term rentals, long-term tenants, or a personal residence with built-in income potential. Whether you're looking for a smart fix-and-flip, a

    Nicole Ludwig EXP Realty LLC

    6328 Beach Dr, Panama City, FL 32408
  • /54

    $750,000

    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft

    6505 Thomas Dr Unit 215, Panama City, FL 32408

    Rarely available Summerhouse ''WRAP-A-ROUND'' Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale units but you can't find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true

    Greg Taylor Counts Real Estate Group Inc

    6505 Thomas Dr Unit 215, Panama City, FL 32408
  • /32

    $204,900

    • 1 Bed
    • 1 Bath
    • 623 Sq Ft

    8730 Thomas Dr Unit 1210-A, Panama City Beach, FL 32408

    Discover the ultimate investment opportunity in Panama City Beach with this stunning, fully furnished short-term rental property! This wonderful gated community is situated on the intercoastal water way with its own private boat dock for residents and guests. Owners and guests can enjoy the pristine swimming pool, sauna or tennis courts. The unit is located on the second floor that includes a

    LaPorcha Cooper Redfin Corporation

    8730 Thomas Dr Unit 1210-A, Panama City Beach, FL 32408
  • /68

    $4,437,500 New Construction

    • 7 Beds
    • 8.5 Baths
    • 4,715 Sq Ft

    8711 Surf Dr, Panama City, FL 32408

    ''Above All'' the ultimate beach house, finished in May 2025! Backed by a $400,000 first-year rental income guarantee, this Gulf-front luxury retreat offers peace of mind from day one. If it doesn't hit that target with the current management, the seller will cut you a check for $50,000. Whether you're investing or just want a place to escape, Above All is the kind of beach home that checks every

    Christina Schlink Compass Florida, LLC

    8711 Surf Dr, Panama City, FL 32408
  • /54

    $410,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1904, Panama City, FL 32408

    Fully Furnished Gulf-Front Condo with Stunning Views Welcome to Unit 1904 at 5115 Gulf Drive, an immaculate 1-bedroom, 2-bath luxury condo perfectly situated on the sugar-white sands of Panama City Beach. This turnkey, fully furnished residence offers breathtaking floor-to-ceiling Gulf views, modern finishes, and resort-style amenities—ideal as a vacation home, full-time residence, or

    Donna Fox Compass

    5115 Gulf Dr Unit 1904, Panama City, FL 32408
  • /69

    $1,379,000

    • 5 Beds
    • 4 Baths
    • 3,048 Sq Ft

    7028 Thomas Dr, P C Beach, FL 32408

    A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite

    Kurt Fadden Legacy Premier Agency LLC

    7028 Thomas Dr, P C Beach, FL 32408
  • /77

    $419,000

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft

    5020 Beach Dr, Panama City, FL 32408

    OPEN HOUSE OCT 25TH 10AM-1PM AND SOCT 25TH 1PM-4PM. STUNNING FULLY REMODELED BEACH HOME ON OVERSIZED LOT - JUST STEPS FROM THE GULF! Welcome to 5020 Beach Drive, Panama City Beach, FL, where coastal charm meets modern comfort! Completely renovated in 2024, this beautifully updated beach home is move-in ready and fully furnished, offering the perfect blend of style, function, and

    Kelly McDaniel Counts Real Estate Group Inc

    5020 Beach Dr, Panama City, FL 32408
  • /61

    $325,000

    • 1 Bed
    • 2 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408

    New Market Price! $325,000. Discover the best in beachfront living with this 10th-floor Gulf-front condo that offers breathtaking views, vibrant sunsets, and all the comforts of a relaxing coastal lifestyle. With one bedroom and TWO FULL BATHS, this charming retreat is designed to provide the perfect balance of style, convenience, and comfort. From the moment you step onto the balcony, you'll be

    Sissy Carroum REV Realty

    8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408
  • /3

    $599,000

    • 2 Beds
    • 2.5 Baths
    • 1,548 Sq Ft

    6724 Thomas Dr, Panama City, FL 32408

    REMODELED SHORT-TERM RENTAL located in one of the highest gross rental areas on Thomas Drive, Sago Park. The owner has spent a fortune updating and remodeling this property including all new furnishings. The Sago Park Townhomes generate over $65,000 in consistent rental income year after year and the seller has gotten this property in premium shape to get that type of income for the new

    Mike Herring Keller Williams Realty Emerald

    6724 Thomas Dr, Panama City, FL 32408
  • /60

    $589,000

    • 2 Beds
    • 2 Baths
    • 1,404 Sq Ft

    6201 Thomas Dr Unit 202, Panama City Beach, FL 32408

    This is one of the most desirable units at Watercrest: a second-floor east-end condo that combines rare location, generous square footage, and unbeatable views. Skip the elevator and step right onto the sand or pool - this prime low-floor location makes beach days effortless and is popular with rentals. Inside, the spacious layout offers larger rooms than most 2-bedroom condos, and the end-unit

    Duran Group Berkshire Hathaway HomeServices Beach Properties of Florida

    6201 Thomas Dr Unit 202, Panama City Beach, FL 32408
  • /17

    $550,000

    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft

    5801 Thomas Dr Unit 1203, Panama City, FL 32408

    Beautiful Gulf Front Condo! Experience the sugar white pristine coastline of Panama City Beach in this spacious 3-bedroom, 2 full bath condo on the 12th floor with a spectacular view of the emerald green waters of the Gulf Of America. The sunsets are unparalleled! This unit is fully renovated with modern conveniences. The Regency Towers features low HOA dues, picnic and grill area, beachside bar

    Erica Ledford Ledford Realty Group, LLC

    5801 Thomas Dr Unit 1203, Panama City, FL 32408
  • /72

    $569,000

    • 3 Beds
    • 2 Baths
    • 1,310 Sq Ft

    3900 Quarts St, Panama City, FL 32408

    Looking for a beach house with three-bedrooms, two-baths, featuring a fresh, modern renovation inside , in a golf cart friendly neighborhood close to the white sandy beach and public boats ramps too? if so this is the one! The interior is bright, with complete new stain-master LVP flooring throughout the entire home Oct 2025 , making it easy to maintain and perfect for a coastal lifestyle

    Kati Pullins Beachy Beach Real Estate

    3900 Quarts St, Panama City, FL 32408

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Why Live in Lower Grand Lagoon

Lower Grand Lagoon, FL, offers a relaxed beach town lifestyle with easy access to the Gulf of Mexico. Residents enjoy walking to the beach within minutes, benefiting from less tourist congestion compared to nearby Panama City Beach. The area features a mix of condos and single-family homes, including waterfront properties with docks for boating enthusiasts. Lower Grand Lagoon is home to St. Andrews State Park, a popular destination for camping, hiking, bird watching, snorkeling, and surfing. The community hosts events like the Lobster Festival at Schooners and the Annual Grand Lagoon Bloody Mary & Music Festival. Dining options include local favorites such as Schooners and Patches Pub, known for their seafood and live music. The Bay District school system serves the area, with highly rated schools like Patronis Elementary and J.R. Arnold High. Traffic is manageable with main routes like Thomas Drive, contributing to a more secluded feel. For those seeking things to do, Lower Grand Lagoon offers a blend of outdoor activities, local events, and dining experiences.

Frequently Asked Questions

What is the average home price in Lower Grand Lagoon, FL?
Homes for sale in Lower Grand Lagoon, FL have an average home price of $608,833.
Are home prices dropping in Lower Grand Lagoon?
Yes, home prices in Lower Grand Lagoon are down 25% in the last 12 months.
How many homes have sold over the last 12 months in Lower Grand Lagoon, FL?
3 homes have sold in Lower Grand Lagoon, FL over the last 12 months.
What are the most popular zip codes in Lower Grand Lagoon, FL?
The most popular zip codes in Lower Grand Lagoon, FL include 32408, 32413, 32407, 32401 and 32405.
How much do you need to make to afford a house in Lower Grand Lagoon?
The median home price in Lower Grand Lagoon is $699,000. If you put a 20% down payment of $139,800 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $3,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $146K a year to afford the median home price in Lower Grand Lagoon.
How are the schools in Lower Grand Lagoon, FL?
Lower Grand Lagoon, FL has highly rated public and private schools. Some of the best schools in Lower Grand Lagoon based on Niche Grades are Patronis Elementary School, Surfside Middle School and Breakfast Point Academy. Browse all the schools in Lower Grand Lagoon, FL to learn more.

Home Trends in Lower Grand Lagoon, FL

Housing Trends

Median Sale Price
$878,000
Median Single Family Sale Price
$699,000
Average Price Per Sq Ft
$387
Number of Homes for Sale
6
Last 12 months Home Sales
3
Months of Supply
24.00
Median List Price
$699,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
170%
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