9,441

Lower Grand Lagoon, FL Homes

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  • /53

    $185,000 Open Tue 2PM - 4PM

    • 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

    Agent Photo

    Abigail Davis

    Corcoran Reverie SRB

    (448) 231-1738

    8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408
  • /20

    $1,195 - $1,695 per month

    Spyglass Apartments

    1 - 2 Beds

    4938 Spy Glass Dr, Panama City, FL 32408

    Affordable Beach Living - South of Thomas Drive!!!One bedroom/one bath available for $1250/month. Text message for more information 8.5.0. 9.5.5. 4.5.5.2.Only steps to the beach, this completely remodeled apartment complex is the perfect place for affordable beach living! This single story complex has the best amenity of all - the beach -only a 45 second walk away from your front

    4938 Spy Glass Dr, Panama City, FL 32408
  • /18

    $325,000 Sold Sep 25, 2025

    5229 Thomas Dr, P C Beach, FL 32408

    • Land
    • 0.13 Acre
    • $2,500,000 per Acre

    Last Sold Summary

    • 18% Below List Price
    • 60 Days On Market

    Last Listing Agent Zack Seltzer Seltzer Real Estate, LLC

    5229 Thomas Dr, P C Beach, FL 32408
    • /47

      Est $670,849 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,447 Sq Ft

      6627 Thomas Dr Unit 1003, Panama City Beach, FL 32408

      6627 Thomas Dr Unit 1003, Panama City Beach, 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:

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices

    (850) 750-7659

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408
  • /22

    $1,600 per month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    3908 Ocean View Dr Unit A, Panama City Beach, FL 32408

    ***1 FREE MONTH***Spectacular and Modern ''Miami style'' Beach apartment with Top-of-the-line finishes... 2Bed/1Bath in Panama City Beach! Only a few steps from Beach access in the best side of town. The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact windows/doors, new A/C units, Calacatta Tile flooring, Kitchen

    Milton Vergara Red Real Estate Associates, LL

    3908 Ocean View Dr Unit A, Panama City Beach, FL 32408
  • /8

    $425,000 Sold Dec 05, 2025

    7911 Beach Dr, Panama City, FL 32408

    • Land
    • 0.25 Acre
    • $1,700,000 per Acre

    Last Sold Summary

    • 29% Below List Price
    • 4 Days On Market

    Last Listing Agent Kathryn Miller Anchor Realty Florida

    7911 Beach Dr, Panama City, FL 32408
    • /2

      Est $186,477 Not Listed For Sale

      • Studio

      3993 Hurt St, Panama City, FL 32408

      3993 Hurt St, Panama City, FL 32408
  • /60

    $474,900

    • 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, LVP flooring, and both bathrooms. The coastal

    Agent Photo

    Bob Thomas

    Counts Real Estate Group Inc

    (850) 788-8264

    5801 Thomas Dr Unit 611, Panama City Beach, FL 32408
  • /20

    $2,573 per month

    • 2 Beds
    • 2 Baths
    • 1,044 Sq Ft
    • Condo for Rent

    7205 Thomas Dr Unit FL6-ID1354970P, Panama City Beach, FL 32408

    Feel at home in this beachfront condo in Panama City Beach, located on the 6th floor of the Dunes of Panama. This 2-bedroom, 2-bath unit offers stunning Gulf views and updated interiors.This condo features a spacious open layout, granite countertops, custom ceilings, a washer/dryer, and a private balcony overlooking the white sand and sparkling water. The resort-style amenities include three

    7205 Thomas Dr Unit FL6-ID1354970P, Panama City Beach, FL 32408
  • /32

    $408,000 Sold Sep 22, 2025

    5115 Gulf Dr Unit 203, Panama City, FL 32408

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft
    • Built 2006

    Last Sold Summary

    • 5% Below List Price
    • $462/SF
    • 48 Days On Market

    Current Estimated Value $407,213

    Last Listing Agent Teresa Dyer Realty One of Northwest Florida LLC

    5115 Gulf Dr Unit 203, Panama City, FL 32408
    • /2

      Est $286,137 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,216 Sq Ft

      5515 Palm Way Unit A & B, Panama City, FL 32408

      5515 Palm Way Unit A & B, Panama City, 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

    Agent Photo

    Amy Killian

    Beachy Beach Real Estate

    (850) 750-9284

    6900 Sunset Ave, Lower Grand Lagoon, FL 32408
  • /25

    $1,650 per month

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Apartment for Rent

    8003 Beach Dr Unit A, Panama City Beach, FL 32408

    This is a beautiful 2 bedroom, 1.5 bath townhouse just 2 BLOCKS from the WORLDS MOST BEAUTIFUL BEACHES! Small deck overlooking the fenced backyard with a peak-a -view of the Gulf, Stainless Steel appliances, Washer and Dryer Connection, with LVP Flooring, right off Thomas Drive. Please text a photo of your driver's license to our office number ending in 1673, along with the name of the property

    Veronica Verge Full Sail Realty of NWFL

    8003 Beach Dr Unit A, Panama City Beach, FL 32408
  • /59

    $1,705,000 Sold Dec 01, 2025

    5203 Gulf Dr, Panama City, FL 32408

    • 3 Beds
    • 2 Baths
    • 2,114 Sq Ft
    • Built 1966

    Last Sold Summary

    • 26% Below List Price
    • $807/SF
    • 229 Days On Market

    Last Listing Agent Greg Taylor Counts Real Estate Group Inc

    5203 Gulf Dr, Panama City, FL 32408
    • /39

      Est $380,081 Not Listed For Sale

      • 1 Bed
      • 2 Baths
      • 750 Sq Ft

      4715 Thomas Dr Unit 409, Panama City Beach, FL 32408

      4715 Thomas Dr Unit 409, Panama City Beach, FL 32408
  • /36

    $235,000 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

    Agent Photo

    Abigail Davis

    Corcoran Reverie

    (448) 428-0351

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
  • /12

    $4,937 per month

    • 3 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • Condo for Rent

    7205 Thomas Dr Unit ID1056208P, Panama City Beach, FL 32408

    Feel at home in this spacious, beachfront 3-bedroom, 2-bath condo at Dunes of Panama A205, offering stunning Gulf views.This condo features a fully equipped kitchen, a modern walk-in shower, and an in-unit washer and dryer. The kitchen is equipped with a coffee maker, cutlery, cookware, microwave, glassware, and silverware. Enjoy the flat-screen TV and ceiling fan in the living room.This

    7205 Thomas Dr Unit ID1056208P, Panama City Beach, FL 32408
  • /47

    $2,595,000 Sold Dec 19, 2025

    8320 Surf Dr, Panama City Beach, FL 32408

    • 7 Beds
    • 9 Baths
    • 4,500 Sq Ft
    • Built 2023

    Last Sold Summary

    • 7% Below List Price
    • $577/SF
    • 260 Days On Market

    Last Listing Agent Bill Thomas Beach Time Realty, Inc

    8320 Surf Dr, Panama City Beach, FL 32408
    • /43

      Est $652,915 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,370 Sq Ft

      5004 Thomas Dr Unit 104, Panama City Beach, FL 32408

      5004 Thomas Dr Unit 104, Panama City Beach, FL 32408
  • /41

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft

    6225 S Lagoon Dr, Panama City, FL 32408

    Ideally positioned moments from both the Gulf and the Bay—with tranquil lagoon views and no HOA—this fully furnished coastal retreat delivers the effortless beach lifestyle you've been dreaming about. Thoughtfully updated and truly turn-key, the residence features a new roof (2020), rebuilt decks, a freshly painted interior (2025), and an inviting outdoor oasis with AstroTurf seating, a private

    Agent Photo

    Abigail Davis

    Corcoran Reverie SRB

    (448) 230-8535

    6225 S Lagoon Dr, Panama City, FL 32408
  • /22

    $2,900 per month

    • 3 Beds
    • 2.5 Baths
    • 1,625 Sq Ft
    • House for Rent

    6320 Beach Dr, Panama City, FL 32408

    Discover coastal living in this stunning 3 bedroom, 2.5 bathroom home built in 2019, located just a few blocks from the World's Most Beautiful Beach on Panama City Beach. Featuring a 2 car garage and a beautiful upper deck, this property offers the perfect blend of comfort and convenience. This property provides easy access to the Naval Base and all of what the beach has to offer. The rental does

    Tiffany Clevenger Clubbs Real Estate Group LLC

    6320 Beach Dr, Panama City, FL 32408
  • /15

    $205,000 Sold Nov 18, 2025

    8730 Thomas Dr Unit 1308A, Panama City Beach, FL 32408

    • 1 Bed
    • 1 Bath
    • 769 Sq Ft
    • Built 1985

    Last Sold Summary

    • $267/SF
    • 43 Days On Market

    Last Listing Agent Wheeler Sauls Collective Salty Marlin Realty

    8730 Thomas Dr Unit 1308A, Panama City Beach, FL 32408
    • /13

      Est $599,589 Not Listed For Sale

      6800 S Lagoon Dr, Panama City, FL 32408

      6800 S Lagoon Dr, 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

    Agent Photo

    Jennifer Bond

    Compass

    (850) 905-3251

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
  • /12

    $1,001 per month

    • 1 Bed
    • 1 Bath
    • 839 Sq Ft
    • Condo for Rent

    8730 Thomas Dr Unit ID1355041P, Panama City Beach, FL 32408

    Feel at home in this cozy 1-bedroom condo, a budget-friendly beach getaway for a small family.The kitchen is fully equipped for fresh seafood feasts with modern appliances, a breakfast bar for two, and two bistro tables with additional seating. Whether you spend your time adventuring or relaxing at the beach, you'll do it in style with this Florida vacation rental. Enjoy the shared pool, or

    8730 Thomas Dr Unit ID1355041P, Panama City Beach, FL 32408
  • /54

    $315,000 Sold Jul 01, 2025

    6213 Thomas Dr Unit 409, Panama City, FL 32408

    • 1 Bed
    • 2 Baths
    • 893 Sq Ft
    • Built 1980

    Last Sold Summary

    • 3% Below List Price
    • $353/SF
    • 47 Days On Market

    Current Estimated Value $320,665

    Last Listing Agent Jason Smoker Keller Williams Realty Emerald

    6213 Thomas Dr Unit 409, Panama City, FL 32408
    • /46

      Est $678,504 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,447 Sq Ft

      6627 Thomas Dr Unit 204, Panama City Beach, FL 32408

      6627 Thomas Dr Unit 204, 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

    Agent Photo

    Hilary Farnum-Fasth

    Corcoran Reverie

    (448) 218-4123

    5952 Gulf Dr, Lower Grand Lagoon, FL 32408
  • /18

    $1,350 per month

    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    4114 Holiday Dr Unit 7, Panama City, FL 32408

    Move-in-ready studio condo on the east end of Panama City Beach, offering excellent value and convenience for long-term renters. This updated unit features new appliances, a practical layout, and access to a well-maintained community pool. Water, sewer, and trash are included in the rent, and the condo comes with one designated parking space for hassle-free living. Located just minutes from the

    Cara Griffith All County Diamond Property Management

    4114 Holiday Dr Unit 7, Panama City, FL 32408
  • /54

    $600,000 Sold May 19, 2025

    5004 Thomas Dr Unit 1707, Panama City Beach, FL 32408

    • 2 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • Built 2005

    Last Sold Summary

    • 8% Below List Price
    • $438/SF
    • 51 Days On Market

    Current Estimated Value $603,173

    Last Listing Agent Brian Clowdus Counts Real Estate Group Inc

    5004 Thomas Dr Unit 1707, Panama City Beach, FL 32408
    • /27

      Est $381,956 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,075 Sq Ft

      6505 Thomas Dr Unit 802, Panama City Beach, FL 32408

      6505 Thomas Dr Unit 802, 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

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 741-7378

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408
  • /20

    $1,565 per month

    • 2 Beds
    • 2 Baths
    • 742 Sq Ft
    • Condo for Rent

    8115 Thomas Dr Unit FL2-ID1355032P, Panama City, FL 32408

    Feel at home in this beautifully designed second-floor apartment in the Ocean Breeze Community, just steps from the beach. This modern coastal escape features 1-bedroom plus a loft and 2 baths.This apartment comfortably sleeps 6, featuring a luxurious king-size bed in the primary bedroom, a queen-size bed in the upstairs loft with its own private full bathroom, and a sleeper sofa in the

    8115 Thomas Dr Unit FL2-ID1355032P, Panama City, FL 32408
  • /58

    $268,000 Sold Nov 11, 2025

    3600 Thomas Dr Unit D308, Panama City, FL 32408

    • 1 Bed
    • 1 Bath
    • 980 Sq Ft
    • Built 1985

    Last Sold Summary

    • $273/SF
    • 23 Days On Market

    Last Listing Agent Matt Keaton Counts Real Estate Group Inc

    3600 Thomas Dr Unit D308, Panama City, FL 32408
    • /3

      Not Listed For Sale

      0 Beach Dr Unit 945588, Lower Grand Lagoon, FL 32408

      0 Beach Dr Unit 945588, Lower Grand Lagoon, FL 32408
  • /23

    $489,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    7205 Thomas Dr Unit E-905, Panama City Beach, FL 32408

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'**Gulf Front** Amazing 2BR 2BA fully furnished condominium, Tile flooring throughout, fully equipped Kitchen w/breakfast bar. Amazing Gulf Front and Sunset views from large balcony, you can see the beach and 1 of 3 pools, great for *Relaxation*. Condo has updated, Kitchen, Bathrooms, sliding doors and windows just to mention a few.

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (448) 233-5320

    7205 Thomas Dr Unit E-905, Panama City Beach, FL 32408
  • /24

    $1,450 per month

    • 1 Bed
    • 1 Bath
    • 560 Sq Ft
    • Apartment for Rent

    7308 Sunset Ave Unit A, Panama City, FL 32408

    Now available, two well-located 1-bedroom, 1-bathroom units just 1/4 mile from the beach! This is a rare opportunity to live near the coast in a quiet, convenient location perfect for long-term tenants. Each unit is fully separate, making it ideal for individuals or couples looking for a peaceful beachside lifestyle. Rent one unit or inquire about both if you need extra space or

    Cara Griffith All County Diamond Property Management

    7308 Sunset Ave Unit A, Panama City, FL 32408
  • /28

    $498,000 Sold Aug 04, 2025

    4715 Thomas Dr Unit 603, Panama City Beach, FL 32408

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • Built 1985

    Last Sold Summary

    • $472/SF
    • 38 Days On Market

    Current Estimated Value $493,034

    Last Listing Agent Cyndi Beebe Gulf Life Real Estate Inc

    4715 Thomas Dr Unit 603, Panama City Beach, FL 32408
    • /2

      Est $886,120 Not Listed For Sale

      • 2 Beds
      • 2 Baths
      • 1,695 Sq Ft

      7505 Thomas Dr Unit 722B, Panama City Beach, FL 32408

      7505 Thomas Dr Unit 722B, Panama City Beach, FL 32408

Showing Results 1 - 40, Page 1 of 18

Home Trends in Lower Grand Lagoon, FL

Housing Trends

Median Sale Price
$528,821
Median Single Family Sale Price
$699,000
Average Price Per Sq Ft
$418
Number of Homes for Sale
7
Last 12 months Home Sales
4
Months of Supply
21.00
Median List Price
$699,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
68%
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