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Lower Grand Lagoon, FL Homes for Sale

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  • /40

    $199,000

    $46K 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

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    Samantha Tuno Holden

    Sunspot Realty, LLC

    (448) 202-5401

    8730 Thomas Dr Unit 1201B, Panama City Beach, FL 32408
  • /84

    $750,000

    $190K 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! 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. Located in Flood

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    Tracye Crass

    Beach Haven Realty

    (448) 233-4416

    1 Dolphin Ln, Panama City Beach, FL 32408
  • /52

    $584,000

    $51K 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

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    Misty Curtis

    Anchor Realty Florida

    (850) 616-7396

    7011 Sunset Ave, 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
  • /58

    $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 three 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. Completely rebuilt from studs out in 2020, the home features two spacious living areas ideal for relaxing or entertaining. Enjoy outdoor dining and gatherings on the large deck,

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    Beth Arnold

    Seashore Realty LLC

    (448) 256-3869

    7315 S Lagoon Dr, Panama City, FL 32408
  • /83

    $6,000,000

    • 8 Beds
    • 7.5 Baths
    • 5,662 Sq Ft

    5935 Gulf Dr, Panama City Beach, FL 32408

    Set along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate enclave of just 20 homes. With only 10 true Gulf-front residences in the community, this newly constructed offering represents one of the final opportunities to secure direct waterfront ownership in

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    Hilary Farnum-Fasth

    Corcoran Reverie SRB

    (448) 327-5715

    5935 Gulf 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

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    Jennifer Bond

    Compass Florida, LLC

    (448) 231-6821

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
  • /146

    $1,750,000

    $90K 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

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    Kerry Jackson

    LPT Realty LLC

    (448) 202-7317

    5012 Gulf Dr Unit 1-4, Panama City, 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

    (448) 230-8190

    7205 Thomas Dr Unit E-904, Panama City Beach, FL 32408
  • /11

    $264,000

    $6K PRICE DROP
    • 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
  • /43

    $399,000

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 2, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - 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

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    Kerry Jackson

    LPT Realty LLC

    (448) 233-4203

    5012 Gulf Dr Unit 2, Panama City, 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

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    Jennifer Bond

    Compass Florida, LLC

    (448) 230-8835

    6003 Hilltop Ave, Panama City Beach, FL 32408
  • /100

    $1,185,000

    • 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

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    Heather Fox

    Beachy Beach Real Estate

    (448) 288-5361

    6722 S Lagoon Dr, 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

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    January Johnson

    EXP Realty LLC

    (448) 448-0475

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

    $449,900

    $50K PRICE DROP
    • 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
  • /22

    $419,000

    $31K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

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

    Amazing 2 Bedroom 2 Bath in the desired B Building in 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

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 750-7659

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408
  • /55

    $739,900

    $10K 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

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    Sassy French

    Keller Williams Success Realty

    (448) 678-0600

    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

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    January Johnson

    EXP Realty LLC

    (448) 678-4142

    7403 Sunset Ave, Panama City Beach, FL 32408
  • /52

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 1, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - 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

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    Kerry Jackson

    LPT Realty LLC

    (448) 288-2522

    5012 Gulf Dr Unit 1, Panama City, 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

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    Erich Hardy

    Compass Florida, LLC

    (448) 334-6328

    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

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    Abigail Davis

    Corcoran Reverie

    (448) 230-8248

    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

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    January Johnson

    EXP Realty LLC

    (448) 233-3241

    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

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    Sassy French

    Keller Williams Success Realty

    (448) 256-3442

    6201 Thomas Dr Unit 406, Panama City, FL 32408
  • /29

    $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

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    Robert Weil

    Engel & Voelkers 30A Beaches

    (448) 231-6709

    8730 Thomas Dr Unit 409, Panama City, FL 32408
  • /57

    $699,999

    • 4 Beds
    • 4 Baths
    • 2,043 Sq Ft

    7013 S Lagoon Dr, Panama City, FL 32408

    The possibilities at the Lagoon are endless! Whether you're searching for the perfect family beach retreat, a second home, or a lucrative investment opportunity, this spacious property offers it all. Boasting 2,043 square feet, this thoughtfully designed home features 4 bedrooms, 4 bathrooms, two inviting living spaces, and two relaxing porches with peek a boo views of the Lagoon. The 1.5-car

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    Trina Causley

    Coldwell Banker Realty

    (448) 288-3545

    7013 S Lagoon Dr, Panama City, FL 32408
  • /71

    $3,150,000

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

    5936 Gulf Dr, Panama City Beach, FL 32408

    Set within the exclusive coastal enclave of Hadley's Beach, a thoughtfully planned community of just 20 residences, 5936 Gulf Drive offers a refined approach to modern beach living along the shores of Panama City Beach. With direct beach access just steps away, days unfold easily between the home and the turquoise waters and white sand shoreline that define this stretch of the Gulf. Completed in

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    Hilary Farnum-Fasth

    Corcoran Reverie SRB

    (448) 208-1863

    5936 Gulf Dr, Panama City Beach, FL 32408
  • /44

    $498,000

    $9K PRICE INCREASE
    • 2 Beds
    • 2 Baths
    • 1,176 Sq Ft

    6500 Sunset Ave, Panama City, FL 32408

    Welcome to your charming beach cottage in the heart of Panama City Beach! Located just minutes from the sugar white sands and emerald waters, this beautifully maintained home offers the perfect blend of comfort, convenience, and coastal charm. Whether you are searching for a primary residence, vacation getaway, or income-producing investment property, this one checks all the boxes. The home

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    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (448) 218-0189

    6500 Sunset Ave, Panama City, FL 32408
  • /56

    $874,999

    $24K PRICE DROP
    • 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
  • /88

    $2,925,000

    $470K 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

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    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 809-9691

    8205 Surf Dr, Panama City Beach, 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

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    Edward Harper

    HSFLA LLC

    (448) 408-6698

    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

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    Abigail Davis

    Corcoran Reverie

    (448) 236-0789

    8801 N Lagoon Dr, Panama City Beach, 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
  • /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
  • /62

    $615,000

    $15K PRICE DROP
    • 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
  • /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
  • /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

    $299,000

    • 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
  • /77

    $4,500,000

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

    8711 Surf Dr, Panama City, FL 32408

    7 bedroom, 8.5 bath Gulf-front beach house in Panama City Beach with a heated private pool, parking for up to 9 vehicles, and no HOA restrictions. Built in 2025 and offered fully furnished, the home combines direct beachfront living, large gathering spaces, and high-end finishes for buyers seeking a luxury second home, private retreat, or income-producing property. The property has more than

    Christina Schlink Compass

    8711 Surf Dr, Panama City, 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
  • /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

Showing Results 1 - 40, Page 1 of 10

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 $1,729,000.
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, 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 6.48%, your estimated principal and interest payment would be $4,480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $192K 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

Home Price Trends

Median Sale Price
$878,000
Median Single Family Sale Price
$878,000
Average Price Per Sq Ft
$603
Number of Homes for Sale
2
Last 12 months Home Sales
2
Months of Supply
12.00
Median List Price
$888,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-66%
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