Lower Grand Lagoon, FL Homes

• 

  

  

  /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

  

  Heather Fox

  Beachy Beach Real Estate

  6722 S Lagoon Dr, Panama City, FL 32408
• 

  

  

  /20

  Starting at $1,195 Per Month

  • 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

  Spyglass Apartments

  4938 Spy Glass Dr, Panama City, FL 32408
• 

  

  

  /72

  $520,000

  Sold Feb 24, 2026

  3900 Quarts St, Panama City, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,310 Sq Ft
  • Built 1982

  Last Sold Summary

  • 9% Below List Price
  • $397/SF
  • 90 Days On Market

  Current Estimated Value $513,367

  Last Listing Agent Kati Pullins Beachy Beach Real Estate

  3900 Quarts St, Panama City, FL 32408
• 

  

  

  /31

  Est $1,239,105

  Not Listed For Sale

  7505 Thomas Dr Unit 211A, Panama City Beach, FL 32408

  • 3 Beds
  • 3 Baths
  • 2,316 Sq Ft
  • Built 2002

  7505 Thomas Dr Unit 211A, Panama City Beach, FL 32408

  Last Sold Summary

  • 210 Days On Market
• 

  

  

  /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

  

  Samantha Tuno Holden

  Sunspot Realty, LLC

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

  

  /20

  $1,915

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 1,291 Sq Ft
  • Condo for Rent

  7405A Beach Dr Unit SI ID1355031P, Panama City Beach, FL 32408

  The advertised rate of $1,915/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 22, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  7405A Beach Dr Unit SI ID1355031P, Panama City Beach, FL 32408
• 

  

  /8

  $425,000

  Sold Dec 05, 2025

  7911 Beach Dr, Panama City, FL 32408

  • Land
  • 10,890 Sq Ft
  • $1,700,000 per Acre

  Last Sold Summary

  • 29% Below List Price
  • 4 Days On Market

  Current Estimated Value $344,000

  Last Listing Agent Kathryn Miller Anchor Realty Florida

  7911 Beach Dr, Panama City, FL 32408
• 

  

  /44

  Est $237,860

  Not Listed For Sale

  5717 Thomas Dr Unit C142, Panama City Beach, FL 32408

  • 1 Bed
  • 2 Baths
  • 730 Sq Ft
  • Built 1981

  5717 Thomas Dr Unit C142, Panama City Beach, FL 32408

  Last Sold Summary

  • 6 Days On Market
• 

  

  /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! 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
• 

  

  /20

  $2,407

  Total Monthly Price

  • Studio
  • 1 Bath
  • 398 Sq Ft
  • Condo for Rent

  4114 Holiday Dr Unit SI ID1523354P, Panama City Beach, FL 32408

  The advertised rate of $2,408/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 1, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  4114 Holiday Dr Unit SI ID1523354P, 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 $403,727

  Last Listing Agent Teresa Dyer Realty One of Northwest Florida LLC

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

  

  /41

  Est $318,799

  Not Listed For Sale

  4715 Thomas Dr Unit 1002B, Panama City Beach, FL 32408

  • 1 Bed
  • 2 Baths
  • 750 Sq Ft
  • Built 1985

  4715 Thomas Dr Unit 1002B, Panama City Beach, FL 32408

  Last Sold Summary

  • 55 Days On Market
• 

  

  /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
• 

  

  /20

  $1,592

  Total Monthly Price

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

  5218 Beach Dr Unit SI ID1354903P, Panama City, FL 32408

  The advertised rate of $1,593/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 21, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  5218 Beach Dr Unit SI ID1354903P, Panama City, 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

  Current Estimated Value $1,691,968

  Last Listing Agent Greg Taylor Counts Real Estate Group Inc

  5203 Gulf Dr, Panama City, FL 32408
• 

  

  /3

  Est $423,554

  Not Listed For Sale

  5801 Thomas Dr Unit 1314, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,144 Sq Ft
  • Built 1975

  5801 Thomas Dr Unit 1314, Panama City Beach, FL 32408

  Last Sold Summary
• 

  

  /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
• 

  

  /20

  $1,739

  Total Monthly Price

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

  5218 Beach Dr Unit SI ID1355001P, Panama City, FL 32408

  The advertised rate of $1,739/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 15, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  5218 Beach Dr Unit SI ID1355001P, Panama City, FL 32408
• 

  

  /39

  $520,000

  Sold May 28, 2026

  6216 Thomas Dr, Panama City, FL 32408

  • 4 Beds
  • 4 Baths
  • 2,367 Sq Ft
  • Built 2006

  Last Sold Summary

  • 5% Below List Price
  • $220/SF
  • 41 Days On Market

  Current Estimated Value $552,698

  Last Listing Agent Melissa Haworth EXP Realty LLC

  6216 Thomas Dr, Panama City, FL 32408
• 

  

  /57

  Est $632,167

  Not Listed For Sale

  4715 Thomas Dr Unit 1106D, Panama City Beach, FL 32408

  • 3 Beds
  • 3 Baths
  • 1,404 Sq Ft
  • Built 1985

  4715 Thomas Dr Unit 1106D, Panama City Beach, FL 32408

  Last Sold Summary

  • 45 Days On Market
• 

  

  /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
• 

  

  /18

  $1,674

  Total Monthly Price

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

  8115 Thomas Dr Unit SI ID1354950P, Panama City, FL 32408

  The advertised rate of $1,674/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 27, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  8115 Thomas Dr Unit SI ID1354950P, Panama City, 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

  Current Estimated Value $2,494,508

  Last Listing Agent Bill Thomas Beach Time Realty, Inc

  8320 Surf Dr, Panama City Beach, FL 32408
• 

  

  /52

  Est $757,275

  Not Listed For Sale

  7017 Sunset Ave Unit A, Panama City, FL 32408

  • 4 Beds
  • 3.5 Baths
  • 2,573 Sq Ft
  • Built 2021

  7017 Sunset Ave Unit A, Panama City, FL 32408

  Last Sold Summary

  • 8 Days On Market
• 

  

  /52

  $475,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 935 Sq Ft

  5012 Gulf Dr Unit 1, Panama City, FL 32408

  With ugrades this unit produces the best income compared to the other 3 units in this 4 plex. 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

  

  Kerry Jackson

  LPT Realty LLC

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

  

  /20

  $3,019

  Total Monthly Price

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

  7205 Thomas Dr Unit SI FL17-ID1491597P, Panama City Beach, FL 32408

  The advertised rate of $3,020/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 26, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  7205 Thomas Dr Unit SI FL17-ID1491597P, Panama City Beach, 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
• 

  

  /34

  Est $369,532

  Not Listed For Sale

  6505 Thomas Dr Unit 1013, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,015 Sq Ft
  • Built 1987

  6505 Thomas Dr Unit 1013, Panama City Beach, FL 32408

  Last Sold Summary

  • 78 Days On Market
• 

  

  /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
• 

  

  /20

  $2,682

  Total Monthly Price

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

  5115 Gulf Dr Unit SI FL2-ID1355002P, Panama City Beach, FL 32408

  The advertised rate of $2,682/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 21, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  5115 Gulf Dr Unit SI FL2-ID1355002P, Panama City Beach, FL 32408
• 

  

  /30

  $215,000

  Sold Apr 29, 2026

  8001 Surf Dr Unit B7, Panama City, FL 32408

  • 1 Bath
  • 264 Sq Ft
  • Built 1982

  Last Sold Summary

  • 6% Below List Price
  • $814/SF
  • 22 Days On Market

  Current Estimated Value $215,559

  Last Listing Agent Lexi Hinson Legacy Premier Agency

  8001 Surf Dr Unit B7, Panama City, FL 32408
• 

  

  /23

  Est $248,351

  Not Listed For Sale

  6829 Thomas Dr Unit 11, Panama City Beach, FL 32408

  • 1 Bed
  • 1 Bath
  • 730 Sq Ft
  • Built 1983

  6829 Thomas Dr Unit 11, Panama City Beach, FL 32408

  Last Sold Summary

  • 92 Days On Market
• 

  

  /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
• 

  

  /20

  $2,862

  Total Monthly Price

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

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

  The advertised rate of $2,863/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 24, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

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

  

  /48

  $387,500

  Sold Mar 12, 2026

  3912 Long John Dr, Panama City, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft
  • Built 1992

  Last Sold Summary

  • 19% Below List Price
  • $276/SF
  • 108 Days On Market

  Current Estimated Value $394,997

  Last Listing Agent Lynne Hand Berkshire Hathaway HomeServices Beach Properties of Florida

  3912 Long John Dr, Panama City, FL 32408
• 

  

  /7

  Not Listed For Sale

  7113 Sunset Ave, Lower Grand Lagoon, FL 32408

  7113 Sunset Ave, Lower Grand Lagoon, FL 32408

  Last Sold Summary

  • 8 Days On Market
• 

  

  /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
• 

  

  /20

  $7,398

  Total Monthly Price

  • 4 Beds
  • 3 Baths
  • 2,464 Sq Ft
  • Condo for Rent

  8515 Surf Dr Unit SI ID1447138P, Panama City Beach, FL 32408

  The advertised rate of $7,399/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 10, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  8515 Surf Dr Unit SI ID1447138P, Panama City Beach, FL 32408
• 

  

  /64

  $1,300,000

  Sold Jun 18, 2026

  5706 S Lagoon Dr, Panama City, FL 32408

  • 4 Beds
  • 3.5 Baths
  • 2,180 Sq Ft
  • Built 1991

  Last Sold Summary

  • 9% Below List Price
  • $596/SF
  • 38 Days On Market

  Current Estimated Value $831,371

  Last Listing Agent Claire Newton Counts Real Estate Group Inc

  5706 S Lagoon Dr, Panama City, FL 32408
• 

  

  /57

  Not Listed For Sale

  423 Snook Ln, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 972 Sq Ft
  • Built 1984

  423 Snook Ln, Panama City Beach, FL 32408

  Last Sold Summary

  • 132 Days On Market

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