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Lower Grand Lagoon, FL Homes for Sale

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  • /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
  • /12

    $264,000

    • 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
  • /44

    $419,000

    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 2, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between

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    Kerry Jackson

    LPT Realty LLC

    (448) 233-4203

    5012 Gulf Dr Unit 2, Panama City, FL 32408
  • /60

    $1,900,000

    • 6 Beds
    • 4 Baths
    • 2,717 Sq Ft

    4116 Ocean St, Panama City, FL 32408

    ***PROVEN RENTAL INCOME OVER $175,000***

 This beach house has it ALL! Sleeping up to 24 people across 6 bedrooms and 2 sleeper sofas, this is the perfect memory-making personal vacation home, generously-sized private beach residence, or lucrative short term rental investment. Whether you are accommodating multiple generations vacationing together or a group of friends for a quick

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    January Johnson

    EXP Realty LLC

    (448) 448-0475

    4116 Ocean St, Panama City, FL 32408
  • /62

    $449,900

    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 4, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

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    Kerry Jackson

    LPT Realty LLC

    (448) 327-5197

    5012 Gulf Dr Unit 4, Panama City, FL 32408
  • /55

    $739,900

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

    6201 Thomas Dr Unit 401, Panama City, FL 32408

    WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS

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    Sassy French

    Keller Williams Success Realty

    (448) 678-0600

    6201 Thomas Dr Unit 401, Panama City, FL 32408
  • /52

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 1, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit

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    Kerry Jackson

    LPT Realty LLC

    (448) 288-2522

    5012 Gulf Dr Unit 1, Panama City, FL 32408
  • /69

    $600,000

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

    4715 Thomas Dr Unit 605, Panama City, FL 32408

    YAY!!! HOA'S WERE JUST LOWERED IN THIS BUILDING! THE NEW HOA'S ARE 515.06 LESS PER QUARTER NOW FOR THIS CONDO! AND DON'T FORGET......RENOVATIONS COMPLETED 11-18-2025!!!! CHECK OUT THE VIDEO ON THE MLS YOU ALWAYS HAVE A VIEW OF THE SUNSET FROM THIS BALCONY!!!!! 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

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    Sassy French

    Keller Williams Success Realty

    (448) 288-2740

    4715 Thomas Dr Unit 605, Panama City, 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
  • /62

    $775,000

    • 3 Beds
    • 2.5 Baths
    • 1,625 Sq Ft

    6418 Beach Dr, Panama City, FL 32408

    Salty sunsets and tranquility await!This beautifully designed home offers 3 bedrooms and 2.5 baths, with an open and airy living space that captures charming peek-a-boo ocean views. Step onto the balcony to enjoy a refreshing beverage, breathe in the salty coastal air, and take in incredible sunsets. The spacious primary suite features a private ensuite, two closets, and its own balcony

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    Trina Causley

    Coldwell Banker Realty

    (448) 217-3683

    6418 Beach Dr, Panama City, FL 32408
  • /31

    $385,000

    • 2 Beds
    • 1.5 Baths
    • 1,292 Sq Ft

    6215 Thomas Dr Unit 123, Panama City, FL 32408

    Welcome to Unit 123 at Summer Place Townhomes, where coastal charm beachside living meets comfort, convenience, and investment potential. This adorable 2-bedroom, 2 bath townhome offers the perfect blend of relaxation and practicality — all just one block from the Gulf of America! With only 18 units in this charming complex, opportunities to own here are rare. From the moment you arrive, you'll

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    Erich Hardy

    Compass Florida, LLC

    (448) 334-6328

    6215 Thomas Dr Unit 123, Panama City, FL 32408
  • /50

    $800,000

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

    6201 Thomas Dr Unit 207, Panama City, FL 32408

    Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location.

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    Sassy French

    Keller Williams Success Realty

    (448) 222-2927

    6201 Thomas Dr Unit 207, Panama City, FL 32408
  • /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
  • /31

    $759,000

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

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

    Experience the art of coastal living at its finest. Wake each morning to panoramic, unobstructed views of Panama City Beach's sugar-white sands and shimmering emerald waters from the privacy of your own balcony. This elegantly updated beachfront residence captures the sophistication of seaside living, blending timeless design with modern comfort. A sun-drenched open floor plan invites relaxation,

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    Nichole Causton

    Go Coastal Realty LLC

    (448) 231-7704

    6323 Thomas Dr Unit 403A, Panama City, FL 32408
  • /50

    $294,900

    • 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, decking, insulation,

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    Scott Seidler

    Keller Williams Success Realty

    (850) 783-2748

    5504 Hilltop Ave Unit E, Panama City, FL 32408
  • /22

    $499,000

    • 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

    (850) 905-5721

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408
  • /56

    $899,000

    • 4 Beds
    • 2.5 Baths
    • 1,920 Sq Ft

    3521 Treasure Cir, Panama City, FL 32408

    THIS HOUSE CHECKS ALL THE BOXES! --Single-family home--Built for living or short-term renting--Master bedroom down with en suite bath--Private heated pool--Fully furnished with beachy vibe--Strong rental history and rental projections--Garage converted to game room--Close to beach, lagoon, and marinas--Near great local restaurants, jet ski rentals, and boat rentals

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    January Johnson

    EXP Realty LLC

    (448) 231-4380

    3521 Treasure Cir, 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 strategic

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    Hilary Farnum-Fasth

    Corcoran Reverie

    (448) 334-6943

    5960 Gulf Dr, 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

    $2,925,000

    • 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 open-concept

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    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 809-9691

    8205 Surf Dr, Panama City Beach, FL 32408
  • /72

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 3, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

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    Kerry Jackson

    LPT Realty LLC

    (448) 200-0171

    5012 Gulf Dr Unit 3, 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
  • /26

    $179,000

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

    6900 Sunset Ave, Lower Grand Lagoon, FL 32408

    Buildable PCB Lot Near Beach & Boat Ramps Prime Vacant Lot Opportunity in Panama City Beach - Ideal for Investment, Short-Term Rental, or Primary Residence Discover an exceptional vacant lot in the heart of Panama City Beach—perfect for investors, builders, and anyone dreaming of coastal living. This cleared parcel offers flexible building potential and is zoned for a single-family home, making

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    Amy Killian

    Beachy Beach Real Estate

    (850) 750-9284

    6900 Sunset Ave, Lower Grand Lagoon, FL 32408
  • /36

    $228,000 Pre-Foreclosure

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft

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

    Where coastal ease meets everyday comfort, and rental potential exceeds $27K annually, Villa 504 at The Villas at St. Thomas captures the best of lagoon-front living. Perfectly positioned on the ground level, this residence allows you to step effortlessly from your screened patio to the water's edge. Life here feels private yet connected, surrounded by resort-style amenities including a sparkling

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    Abigail Davis

    Corcoran Reverie

    (448) 428-0351

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
  • /146

    $1,840,000

    • 10 Beds
    • 8 Baths
    • 3,500 Sq Ft

    5012 Gulf Dr Unit 1-4, Panama City, FL 32408

    60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low

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    Kerry Jackson

    LPT Realty LLC

    (448) 231-3714

    5012 Gulf Dr Unit 1-4, Panama City, 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
  • /55

    $1,095,000

    • 4 Beds
    • 4.5 Baths
    • 2,428 Sq Ft

    7403 Sunset Ave, Panama City Beach, FL 32408

    Here you can have the best of both worlds: Private pool AND close to beach access! Whether you want to stay in and swim or venture out to salt and sand, 7403 Sunset has you covered! HIGHLIGHTS:--Fully furnished and ready to rent!--Master suite downstairs--4 spacious bedrooms (2 with en suites)--4 full + 1 half bath--Split living/dining areas with lots of

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    January Johnson

    EXP Realty LLC

    (448) 678-4142

    7403 Sunset Ave, Panama City Beach, FL 32408
  • /30

    $294,900

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408

    Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the

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    Shantel Peterson

    Real Broker LLC

    (448) 231-8143

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408
  • /22

    $249,900

    • 1 Bath
    • 489 Sq Ft

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408

    Turnkey Studio with Gulf Views - Unit A-418 Welcome to Unit A-418 — a beautifully updated, move-in-ready studio that blends comfort, style, and functionality in one perfect package. This clean and spacious unit features two Queen beds, comfortably sleeping up to four guests, making it an ideal vacation rental, second home, or beach getaway. Enjoy breathtaking Gulf views through floor-to-ceiling

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    Edward Harper

    HSFLA LLC

    (448) 242-9826

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408
  • /23

    $305,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 1012, Panama City, FL 32408

    ***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring--En-suite bath off the main bedroom with shower/tub combo--2 twin bunks in the

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    January Johnson

    EXP Realty LLC

    (850) 998-3143

    8743 Thomas Dr Unit 1012, Panama City, FL 32408
  • /47

    $550,000

    • 3 Beds
    • 2.5 Baths
    • 1,601 Sq Ft

    6222 Pinetree Ave, Panama City, FL 32408

    **LENDER INCENTIVES: Closing cost credit and/or rate buy-down available from preferred Lender. Contact Listing Agent for more information.** Located just south of Grand Lagoon on the coveted East end of Panama City Beach, this 2018-built home offers a combination of modern construction, coastal charm, and short-term rental flexibility with no HOA and solar panels that have already been paid off.

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    Brad Amerson LLC

    Compass Florida, LLC

    (448) 221-7666

    6222 Pinetree Ave, Panama City, FL 32408
  • /64

    $400,000

    • 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
  • /78

    $410,000

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft

    5020 Beach Dr, Panama City, FL 32408

    2/2 single-family home in Treasure Island in Panama City Beach. Fully remodeled in 2024, steps to beach access, 936 sq ft, built 1978.Fully remodeled in 2024, this 2-bedroom, 2-bathroom beach home is offered furnished and just steps from Public Beach Access #3 in Panama City Beach. Built in 1978, the home has been thoughtfully updated and provides a move-in ready option for a primary

    Kelly McDaniel Counts Real Estate Group Inc

    5020 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
  • /76

    $4,500,000

    • 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

    8711 Surf Dr, Panama City, FL 32408
  • /37

    $399,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1102, 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 1102, Panama City, FL 32408
  • /69

    $1,354,000

    • 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

    7028 Thomas Dr, P C Beach, 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

    $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
  • /62

    $630,000

    • 3 Beds
    • 3 Baths
    • 1,839 Sq Ft

    6607 Sunset Ave, Panama City, FL 32408

    Coastal Living Meets Turnkey Investment OpportunityWelcome to this freshly updated 3-bedroom, 3-bath beach retreat, perfectly positioned within walking distance to the beach and just minutes from top local attractions, dining, and entertainment. Thoughtfully renovated with modern finishes and coastal charm, this home is designed for both relaxed living and strong rental performance. Proven

    The Emerald Coastal Team Counts Real Estate Group Inc

    6607 Sunset Ave, Panama City, FL 32408

Showing Results 1 - 40, Page 1 of 9

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 $1,929,000.
Are home prices dropping in Lower Grand Lagoon?
Yes, home prices in Lower Grand Lagoon are down 66% in the last 12 months.
How many homes have sold over the last 12 months in Lower Grand Lagoon, FL?
2 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, 32401, 32407, 32413 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 $1,174,000. If you put a 20% down payment of $234,800 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $5,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $249K a year to afford the median home price in Lower Grand Lagoon. Learn how much home you can afford with our Home Affordability Calculator.
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, Breakfast Point Academy and Surfside Middle School. 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
$1,113,950
Average Price Per Sq Ft
$561
Number of Homes for Sale
2
Last 12 months Home Sales
2
Months of Supply
12.00
Median List Price
$1,174,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-66%
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