Lower Grand Lagoon, FL Homes for Sale

/52
$574,900

$60K PRICE DROP
- 3 Beds
- 2 Baths
- 1,610 Sq Ft
7011 Sunset Ave, Panama City Beach, FL 32408

Rental Projections attached- and these are conservative!!! Short Term Rental Property!!!**DID I MENTION... They have a hurricane resistant roof which provides a great insurance discount and this could also be a great primary home? Also in Flood Zone X500! Or a Rental! Walk over to the beach or build a deck where you can see the beach and watch the sunset on Sunset Ave! This house is so nice

Misty Curtis

Anchor Realty Florida

7011 Sunset Ave, Panama City Beach, FL 32408
/27
$610,000
- 3 Beds
- 2 Baths
- 1,341 Sq Ft
6003 Hilltop Ave, Panama City Beach, FL 32408

Welcome to laid-back coastal living in the South Lagoon area of Panama City Beach where beach days, boating adventures, and golf cart rides become part of everyday life. This beautifully designed beach house blends durability, style, and comfort with an all Hardie Board exterior, a striking metal roof, and a spacious two-car garage. With plenty of room for beach gear, water toys, and extra

Jennifer Bond

Compass Florida, LLC

6003 Hilltop Ave, Panama City Beach, FL 32408
/100
$1,100,000

$85K PRICE DROP
- 5 Beds
- 4.5 Baths
- 2,720 Sq Ft
6722 S Lagoon Dr, Panama City, FL 32408

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

Heather Fox

Beachy Beach Real Estate

6722 S Lagoon Dr, Panama City, FL 32408
/40
$189,000

$56K PRICE DROP
- 1 Bed
- 1 Bath
- 840 Sq Ft
8730 Thomas Dr Unit 1201B, Panama City Beach, FL 32408

Welcome to unit 1201-B in the Plaza of St. Thomas Square! Walking distance to the new beachfront Tootsies Orchid Lounge NOW OPEN! Steps to the beach and the lagoon. This 1 bedroom, 1 bath condo offers everything you need for a second home or short-term rental investment property. Centrally located in Panama City Beach near many fantastic restaurants, attractions and a short walk to the world's

Samantha Tuno Holden

Sunspot Realty, LLC

8730 Thomas Dr Unit 1201B, Panama City Beach, FL 32408
/75
$535,000

$40K PRICE DROP
- 3 Beds
- 2 Baths
- 1,296 Sq Ft
7315 S Lagoon Dr, Panama City, FL 32408

No HOA and short-term rentals permitted! Located just 3 blocks from the beach and directly across from the lagoon, this beautifully furnished 3 bedroom 2 bath home offers the perfect blend of comfort and convenience. The features 2 spacious living areas ideal for relaxing or entertaining. Enjoy outdoor dining and gathers on the large deck, perfect for coast living. A generous storage building

Beth Arnold

Seashore Realty LLC

7315 S Lagoon Dr, Panama City, FL 32408
/84
$705,000

$235K PRICE DROP
- 2 Beds
- 2 Baths
- 1,089 Sq Ft
1 Dolphin Ln, Panama City Beach, FL 32408

PRICE REDUCTION!!!!!!!!!!BEST LOCATION IN VENTURE Highly Sought after Venture Out Home! EASY TO SHOW Come and explore Venture Out.They have their own private pristine beach, with a beach side pool and Lagoon side poolBoat ramp and many more fantastic amenities This beautifully maintained 2 Bedroom, 2 Bath home has never been on a rental program and shows true pride of ownership.

Tracye Crass

Beach Haven Realty

1 Dolphin Ln, Panama City Beach, FL 32408
/57
$624,900

$75K PRICE DROP
- 4 Beds
- 4 Baths
- 2,043 Sq Ft
7013 S Lagoon Dr, Panama City, FL 32408

JUST REDUCED!! Coastal Living. Lagoon Adventures. Endless Possibilities. Now offered at a newly reduced price, this is one of the best opportunities to own a spacious home near the Lagoon! Whether you're searching for the perfect family beach retreat, a relaxing second home, or an exceptional investment opportunity, this versatile coastal property delivers. Offering 2,043 square feet, this

Trina Causley

Coldwell Banker Realty

7013 S Lagoon Dr, Panama City, FL 32408
/88
$2,875,000

$520K PRICE DROP
- 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

Alexandra Gavrilash

Counts Real Estate Group Inc

8205 Surf Dr, Panama City Beach, FL 32408
/57
$329,000

$9K PRICE DROP
- 3 Beds
- 2 Baths
- 1,062 Sq Ft
8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408

NEW PRICE, SAME BEAUTIFUL VILLA! Experience coastal living in this beautifully decorated waterfront villa, perfectly positioned for relaxation and adventure. The expansive primary suite offers amazing 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

Jennifer Bond

Compass Florida, LLC

8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
/146
$1,599,999

$240K PRICE DROP
- 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

Kerry Jackson

LPT Realty LLC

5012 Gulf Dr Unit 1-4, Panama City, FL 32408
/47
$200,000
- Land
- 6,534 Sq Ft
- $1,333,333 per Acre
00 Treasure Cir, Panama City, FL 32408

This fantastic blank slate is situated in the desirable Treasure Island area of Panama City Beach, just under half a mile from two public beach access points. Convenient location, convenient access 1 block off Thomas Dr, and views of South Lagoon from your potential home! Enjoy easy access to the pristine white sandy beaches and the sparkling waters of the Gulf. Measuring 75 by 85 feet, this lot

Heather Fox

Beachy Beach Real Estate

00 Treasure Cir, Panama City, FL 32408
/10
$225,250
- 1 Bed
- 1.5 Baths
- 870 Sq Ft
5408 Pinetree Ave, Panama City, FL 32408

Half a mile from the sand and priced to catch your eye -- this one-bedroom, one-and-a-half-bath attached home in the Thomas Drive area is the kind of easygoing coastal find that doesn't come along every day. With 870 square feet of single-story living, it's compact, breezy, and ready for someone with a paintbrush and a plan. The renovation work here is mostly cosmetic, so don't let the word scare

MaryAnn Enfinger

Overstreet Realty

5408 Pinetree Ave, Panama City, FL 32408
/59
$1,850,000

$50K PRICE DROP
- 6 Beds
- 4 Baths
- 2,717 Sq Ft
4116 Ocean St, Panama City, FL 32408

***2025 RENTAL INCOME: $175,000***2026 BOOKINGS AT $172,000 YTD AND ON TRACK FOR $185,000 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

January Johnson

EXP Realty LLC

4116 Ocean St, Panama City, FL 32408
/55
$700,000

$50K PRICE DROP
- 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

Sassy French

Keller Williams Success Realty

6201 Thomas Dr Unit 401, Panama City, FL 32408
/57
$1,094,600
- 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

January Johnson

EXP Realty LLC

7403 Sunset Ave, Panama City Beach, FL 32408
/5
$365,000
- Land
- 11,325 Sq Ft
- $1,403,846 per Acre
6323 Sunset Ave, Panama City Beach, FL 32408

Rare Double Lot in Panama City Beach - Beach, Boating & Development Potential!Discover an exceptional opportunity to own a 100' x 115' corner double lot (Lots 20 & 21) in the Holiday Beach community of Panama City Beach. Zoned R-3, this property offers outstanding potential for a custom coastal home, vacation retreat, or investment property, subject to buyer verification of zoning, density,

Jennifer Crawford

Keller Williams Realty SRB

6323 Sunset Ave, Panama City Beach, FL 32408
/31
$370,000

$15K PRICE DROP
- 2 Beds
- 2 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

Erich Hardy

Compass Florida, LLC

6215 Thomas Dr Unit 123, Panama City, FL 32408
/36
$225,000

Pre-Foreclosure
- 1 Bed
- 1.5 Baths
- 680 Sq Ft
8730 Thomas Dr Unit 504, Panama City Beach, FL 32408

Where coastal ease meets everyday comfort, and gross rental history exceeded $27K for 2025, 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

Abigail Davis

Corcoran Reverie

8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
/59
$645,000

$4K PRICE DROP
- 5 Beds
- 2.5 Baths
- 2,088 Sq Ft
3707 Mystic St Unit A & B, Panama City Beach, FL 32408

ADORABLE DUPLEX WITH MULTIPLE POSSIBILITIES! * Live in one side, rent the other out. * Short term rent both units. * Short term rent one side, mid or long-term rent the other. THE CHOICE IS YOURS! SIDE A: MYSTIC SURF --3 BR, Sleeps 8 - King, King, King + Twin/Twin Trundle --1 Full, 1 Half Bath --Surf/wave murals in every bedroom --Full Kitchen with lots of counter space --Private Patio --Storage

January Johnson

EXP Realty LLC

3707 Mystic St Unit A & B, Panama City Beach, FL 32408
/70
$600,000

$25K PRICE DROP
- 2 Beds
- 2 Baths
- 1,379 Sq Ft
6201 Thomas Dr Unit 406, Panama City, FL 32408

WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek. The

Sassy French

Keller Williams Success Realty

6201 Thomas Dr Unit 406, Panama City, FL 32408
/39
$425,000
- 3 Beds
- 3 Baths
- 1,322 Sq Ft
8730 Thomas Dr Unit 409, Panama City, FL 32408

Investor Alert - Turnkey Airbnb with Immediate Cash Flow Exceptional opportunity in Panama City Beach--legal short-term rental with a 6.4% cap rate and projected income of $51,768. Sold fully furnished with future bookings in place. This 2-story condo in the gated Villas of St. Thomas Square offers a boat dock, a 2 block walk to the beach and water views overlooking St. Andrews Bay. Features

Robert Weil

Engel & Voelkers 30A Beaches

8730 Thomas Dr Unit 409, Panama City, FL 32408
/22
$244,900

$5K PRICE DROP
- 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

Edward Harper

HSFLA LLC

8817 Thomas Dr Unit A418, Panama City Beach, FL 32408
/59
$1,850,000

New Construction
- 4 Beds
- 3.5 Baths
- 2,800 Sq Ft
8801 N Lagoon Dr, Panama City Beach, FL 32408

Experience a rare blend of contemporary design and waterfront living at 8801 N Lagoon Drive, an exceptional newly constructed residence positioned along the shores of Grand Lagoon in Panama City Beach. Offering nearly 6,000 square feet under roof and approximately 2,800 square feet of meticulously designed living space, this waterfront retreat captures the essence of coastal living with direct

Abigail Davis

Corcoran Reverie

8801 N Lagoon Dr, Panama City Beach, FL 32408
/72
$915,000

$15K PRICE DROP
- 3 Beds
- 2 Baths
- 1,950 Sq Ft
5004 Thomas Dr Unit 1212, Panama City, FL 32408

3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural

Greg Taylor Counts Real Estate Group Inc

5004 Thomas Dr Unit 1212, Panama City, FL 32408
/35
$380,000

$19K PRICE DROP
- 1 Bed
- 2 Baths
- 883 Sq Ft
5115 Gulf Dr Unit 1102, Panama City, FL 32408

Wake up to the sound of waves and the shimmer of emerald water from this beautifully appointed 1BR + hallway bunk, 2-bath Gulf-front residence at Seychelles. From the moment you step inside, the views pull you in—the private balcony becomes your front-row seat to sunrise mornings and slow, golden evenings. The open living space feels airy and welcoming, while the serene primary suite and ensuite

Donna Fox Compass Florida, LLC

5115 Gulf Dr Unit 1102, Panama City, FL 32408
/55
$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 ofPanama 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 Florida, LLC

5115 Gulf Dr Unit 1904, Panama City, FL 32408
/66
$412,000

$10K PRICE DROP
- 2 Beds
- 2 Baths
- 1,015 Sq Ft
6505 Thomas Dr Unit 912, Panama City Beach, FL 32408

2BR/2BA Gulf-front condo in Summerhouse, Panama City Beach. 120 sq ft balcony, 2 pools, short-term rentals allowed. Built 1987. This 2 bedroom, 2 bath Gulf-front condominium at Summerhouse Condo in the South Lagoon area of Panama City Beach offers 1,015 square feet and direct beach frontage at 6505 Thomas Drive. Built in 1987 and listed at 422,000, the unit allows short term rentals and is being

Greg Taylor Counts Real Estate Group Inc

6505 Thomas Dr Unit 912, Panama City Beach, FL 32408
/45
$390,000

$5K PRICE DROP
- 2 Beds
- 2 Baths
- 816 Sq Ft
414 Snook Ln, Panama City Beach, FL 32408

RECENT PRICE IMPROVEMENT! Welcome to 414 Snook Lane in Venture Out! This move-in ready 2-bedroom, 2-bath home offers several valuable upgrades that provide both comfort and long-term peace of mind. The entire exterior features durable Hardie Board siding, and new LVP flooring runs throughout the home.Inside, you'll find attractive quartz countertops paired with a glass subway tile backsplash

Shea Southwell Counts Real Estate Group Inc

414 Snook Ln, Panama City Beach, FL 32408
/54
$750,000

$49K PRICE DROP
- 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
/24
$274,900

$24K PRICE DROP
- 2 Beds
- 2 Baths
- 1,158 Sq Ft
3816 Quarts St Unit D, Panama City, FL 32408

OPEN HOUSE SATURDAY JUNE 6TH FROM 10 AM -1PM. Welcome to 3816 Quarts Street in Panama City Beach, FL--a prime opportunity to own a beach home near the Gulf of America with strong short-term rental potential and no HOA. This 2-bedroom, 2-bath townhome in Panama City Beach features a traditional floor plan with defined living spaces, offering separate living, dining, and kitchen areas for added

Jeff Keckler Counts Real Estate Group Inc

3816 Quarts St Unit D, Panama City, FL 32408
/85
$4,350,000
- 7 Beds
- 8.5 Baths
- 4,715 Sq Ft
8711 Surf Dr, Panama City, FL 32408

If you're looking for an Airbnb powerhouse, you've found it. With an experienced Airbnb host and aggressive pricing strategy, this fully furnished 7-bedroom, 8.5-bath Gulf-front beach house is built to support a high-capacity rental operation. Built in 2025, the property features a heated private pool, parking for up to 9 vehicles, no HOA restrictions, and direct beachfront access. The seller is

Christina Schlink Compass

8711 Surf Dr, Panama City, FL 32408
/59
$289,900
- 1 Bed
- 2 Baths
- 740 Sq Ft
8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408

NEW MARKET PRICE $304,499! Gulf-front 10th-floor condo at The Summit in Panama City Beach. This 1-Bedroom, Two-Full-Bath beachfront unit features panoramic Gulf views, direct deeded beach access, and a private balcony overlooking the white-sand shoreline.The Summit is a Gulf-front resort community offering two beachfront pools (one heated seasonally), two kiddie pools, indoor and outdoor hot

Sissy Carroum REV Realty

8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408
/56
$285,000

$10K PRICE DROP
- 1 Bed
- 1.5 Baths
- 740 Sq Ft
8743 Thomas Dr Unit 931, Panama City Beach, FL 32408

Welcome to your perfect beach escape! This 1-bedroom, 1-bath condo in Panama City Beach may sound cozy--but don't be fooled... it comfortably sleeps up to 5 guests! Whether you're looking for a high-performing vacation rental or your own slice of paradise, this unit delivers. Enjoy sun-soaked days, salty breezes, and unforgettable sunsets just steps from the sand. Turn-key and rental-ready with a

Brenda Tucker Beachy Beach Real Estate

8743 Thomas Dr Unit 931, Panama City Beach, FL 32408
/4
$899,000

$96K PRICE DROP
- Land
- 6,098 Sq Ft
- $6,421,429 per Acre
8700 Surf Dr, Panama City Beach, FL 32408

Super location across the street from the beach. 8700 Surf Drive. 50x120 lot with beach access (Beach Access 23) across the street. Build your dream home, or your custom town homes. Drive by at your convenience and see the gulf views.

John McVeigh St Andrews Bay Realty

8700 Surf Dr, Panama City Beach, FL 32408
/59
$325,000

$15K PRICE DROP
- 1 Bed
- 2 Baths
- 893 Sq Ft
6213 Thomas Dr Unit 505, Panama City Beach, FL 32408

Highly Desirable and well maintained condominium located directly on the Beach. This 1 bedroom 2 Bath Condo is complete with ''Beachy Decor'' fully furnished and rental ready. Large Master Bedroom has two Queen size beds with an additional Queen Sleeper sofa in the living area. Kitchen cabinets and appliances have been updated. The Private Covered Balcony is a Huge Plus! Gorgeous views of the

Barbara McDonald CitiStar Realty

6213 Thomas Dr Unit 505, Panama City Beach, FL 32408
/42
$419,000
- 3 Beds
- 2 Baths
- 1,023 Sq Ft
5616 Pinetree Ave, Panama City Beach, FL 32408

Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl

Courtney Pantalena Coldwell Banker Realty

5616 Pinetree Ave, Panama City Beach, FL 32408
/45
$699,600

Open Wed 10AM - 4PM $30K PRICE DROP
- 2 Beds
- 2 Baths
- 1,441 Sq Ft
6201 Thomas Dr Unit 1008, Panama City, FL 32408

LOCATION, LOCATION, LOCATION.... If you've been searching for the PERFECT BEACH FRONT CONDO on Panama City Beach, your search ends here! Welcome to Unit 1008 at Watercrest, one of the most desirable residences on the Emerald Coast. With 1,441 square feet, this beautifully designed 2-bedroom, open-concept condo delivers everything buyers want—and very few ever get! Why is the 08 stack so coveted?

Fred Peak Jr. Realty Mark Associates

6201 Thomas Dr Unit 1008, Panama City, FL 32408
/51
$284,000

$14K PRICE DROP
- 1 Bed
- 1 Bath
- 750 Sq Ft
4115 Albacore St Unit 6, Panama City, FL 32408

Beautiful updated condo a half a block to white sandy Beach! This condo has had a total upgrade and is ready to be your primary home or vacation home/ rental beautifully done with Granite in the kitchen and bath,tiled shower with glass slider door and large closet in the master bedroom two slider doors access the gulf views and sunsets beach access number 19 which is your walkway to the beach is

Kati Pullins Beachy Beach Real Estate

4115 Albacore St Unit 6, Panama City, FL 32408
/45
$399,900

$60K PRICE DROP
- 1 Bed
- 2 Baths
- 883 Sq Ft
5115 Gulf Dr Unit 202, Panama City, FL 32408

NEW HVAC UNIT installed in June of 2026!!! It is very RARE that a power bill is included in the HOA fees of a condominium. It is also a great thing when you see a second floor fully furnished unit become available in a Gulf Front high rise building. Seychelles is next door to a popular restaurant named SCHOONERS, so you can get a great lunch or dinner any old time. It gets better! There is value

Holli Persall ERA Neubauer Real Estate Inc

5115 Gulf Dr Unit 202, Panama City, FL 32408
/35
$469,000

$10K PRICE DROP
- 4 Beds
- 4 Baths
- 2,367 Sq Ft
6230 Thomas Dr, Panama City, FL 32408

Three-Story Beach Home on Iconic South Thomas Drive - Walk to the Beach! This spacious 4-bedroom, 4-bathroom home (2,367 sq ft) in the desirable Panama Dunes community offers the perfect blend of location, layout, and lifestyle potential. Just 0.2 miles (a 5-minute walk) to Bay County Public Beach Access #12 -- easy access to put your toes in the sand. Boater's Dream LocationFour public boat

Mark Oberg Berkshire Hathaway HomeServices Beach Properties of Florida

6230 Thomas Dr, Panama City, FL 32408

Showing Results 1 - 40, Page 1 of 10

Florida Bay County

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.

Learn more about living in Lower Grand Lagoon

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 $1,500,666.

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?

4 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, 32413, 32407 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 $888,500. If you put a 20% down payment of $177,700 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $4,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $194K 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 Prices in Lower Grand Lagoon, FL

The median home sale price in Lower Grand Lagoon, FL is $878,000, down 66% year-over-year. Homes in Lower Grand Lagoon sell in 86 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price $878,000	Median Single Family Sale Price $878,000
Average Price Per Sq Ft $564	Number of Homes for Sale 2
Last 12 months Home Sales 4	Months of Supply 6.00
Median List Price $888,500	Median Change From 1st List Price 5%
Median Home Sale Price YoY Change -66%

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