Lower Grand Lagoon, FL Homes

• 

  

  

  /10

  $215,000

  $10K PRICE DROP

  • 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

  

  MaryAnn Enfinger

  Overstreet Realty

  5408 Pinetree Ave, Panama City, FL 32408
• 

  

  

  /43

  $2,500 Per Month

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

  5012 Gulf Dr Unit 2, Panama City, FL 32408

  Rare opportunity to lease a FURNISHED 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 it incredibly easy to enjoy the sand, surf and everything Panama City Beach has to offer.Offered at $2,500 per month with a $2,500 security deposit. The condo

  

  Kerry Jackson

  LPT Realty LLC

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

  

  

  /18

  $325,000

  Sold Sep 25, 2025

  5229 Thomas Dr, P C Beach, FL 32408

  • Land
  • 5,662 Sq Ft
  • $2,500,000 per Acre

  Last Sold Summary

  • 18% Below List Price
  • 60 Days On Market

  Current Estimated Value $763,621

  Last Listing Agent Zack Seltzer Seltzer Real Estate, LLC

  5229 Thomas Dr, P C Beach, FL 32408
• 

  

  

  /68

  Not Listed For Sale

  6226 Thomas Dr, Panama City, FL 32408

  • 4 Beds
  • 4 Baths
  • 2,808 Sq Ft
  • Built 2006

  6226 Thomas Dr, Panama City, FL 32408

  Last Sold Summary

  • 198 Days On Market

  Last Listing Agent Mark Cowart Counts Real Estate Group Inc
• 

  

  

  /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

  Starting at $1,650 Per Month

  • 2 Beds

  4938 Spy Glass Dr, Panama City, FL 32408

  Affordable Beach Living - South of Thomas Drive!!!No availabilities currently.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 door! The property

  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 $511,609

  Last Listing Agent Kati Pullins Beachy Beach Real Estate

  3900 Quarts St, Panama City, FL 32408
• 

  

  /31

  Est $1,228,119

  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

  Last Listing Agent Caleb Midgett Scenic Sotheby's International Realty
• 

  

  /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
• 

  

  /20

  $2,242

  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 $2,242/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 29, 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
• 

  

  /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 $340,333

  Last Listing Agent Kathryn Miller Anchor Realty Florida

  7911 Beach Dr, Panama City, FL 32408
• 

  

  /52

  Est $443,183

  Not Listed For Sale

  5801 Thomas Dr Unit 723, Panama City Beach, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,248 Sq Ft
  • Built 1975

  5801 Thomas Dr Unit 723, Panama City Beach, FL 32408

  Last Sold Summary

  • 0 Days On Market

  Last Listing Agent Larell Paradise Christies International Real Estate Emerald Coast
• 

  

  /40

  $189,000

  $56K PRICE DROP Pending

  • 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

  $1,250

  Total Monthly Price

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

  8115 Thomas Dr Unit SI ID1354934P, Panama City, FL 32408

  The advertised rate of $1,251/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 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 be

  8115 Thomas Dr Unit SI ID1354934P, Panama City, 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 $405,154

  Last Listing Agent Teresa Dyer Realty One of Northwest Florida LLC

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

  

  /22

  Est $149,226

  Not Listed For Sale

  4114 Holiday 13 Dr Unit 13, Panama City Beach, FL 32408

  • 1 Bed
  • 1 Bath
  • 400 Sq Ft
  • Built 1984

  4114 Holiday 13 Dr Unit 13, Panama City Beach, FL 32408

  Last Sold Summary

  • 17 Days On Market

  Last Listing Agent Crystal Duncan Paradise Properties of NW Florida
• 

  

  /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
• 

  

  /15

  $1,528

  Total Monthly Price

  • 1 Bed
  • 2 Baths
  • 871 Sq Ft
  • Condo for Rent

  5115 Gulf Dr Unit SI ID1354918P, Panama City Beach, FL 32408

  The advertised rate of $1,529/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

  5115 Gulf Dr Unit SI ID1354918P, 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

  Current Estimated Value $1,720,155

  Last Listing Agent Greg Taylor Counts Real Estate Group Inc

  5203 Gulf Dr, Panama City, FL 32408
• 

  

  /52

  Est $371,797

  Not Listed For Sale

  6211 Thomas 402 Dr Unit 402, Panama City Beach, FL 32408

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

  6211 Thomas 402 Dr Unit 402, Panama City Beach, FL 32408

  Last Sold Summary

  • 30 Days On Market

  Last Listing Agent Joan Altenpohl Coastal Real Estate Group, Inc
• 

  

  /57

  $599,999

  $100K 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

  

  Trina Causley

  Coldwell Banker Realty

  7013 S Lagoon Dr, Panama City, FL 32408
• 

  

  /20

  $7,029

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 1,087 Sq Ft
  • Condo for Rent

  5710 Sunset Ave Unit SI ID1523314P, Panama City Beach, FL 32408

  The advertised rate of $7,030/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 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

  5710 Sunset Ave Unit SI ID1523314P, Panama City Beach, 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 $529,333

  Last Listing Agent Melissa Haworth EXP Realty LLC

  6216 Thomas Dr, Panama City, FL 32408
• 

  

  /44

  Est $261,785

  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

  Last Listing Agent Mike Herring Keller Williams Realty Emerald
• 

  

  /39

  $425,000

  • 3 Beds
  • 3 Baths
  • 1,322 Sq Ft

  8730 Thomas Dr Unit 409, Panama City Beach, 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

  

  Kiley Niles

  Engel & Voelkers 30A Beaches

  8730 Thomas Dr Unit 409, Panama City Beach, FL 32408
• 

  

  /15

  $1,188

  Total Monthly Price

  • 1 Bed
  • 2 Baths
  • 904 Sq Ft
  • Condo for Rent

  5218 Beach Dr Unit SI ID1354910P, Panama City, FL 32408

  The advertised rate of $1,189/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 ID1354910P, 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 $2,442,983

  Last Listing Agent Bill Thomas Beach Time Realty, Inc

  8320 Surf Dr, Panama City Beach, FL 32408
• 

  

  /41

  Est $323,384

  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

  Last Listing Agent Denise Vickers Keller Williams Success Realty
• 

  

  /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

  $1,552

  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 $1,552/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
• 

  

  /81

  $615,000

  Sold Jul 30, 2026

  615 Seabreeze Dr, Panama City Beach, FL 32413

  • 5 Beds
  • 3.5 Baths
  • 2,075 Sq Ft
  • Built 2026

  Last Sold Summary

  • 5% Below List Price
  • $296/SF
  • 106 Days On Market

  Last Listing Agent Cyndy Porter SimpliHOM

  615 Seabreeze Dr, Panama City Beach, FL 32413
• 

  

  /28

  Est $489,005

  Not Listed For Sale

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

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

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

  Last Sold Summary

  • 38 Days On Market

  Last Listing Agent Cyndi Beebe Gulf Life Real Estate Inc
• 

  

  /17

  $227,500

  Pending

  • 2 Beds
  • 2.5 Baths
  • 1,158 Sq Ft

  5720 Beach Dr, Panama City, FL 32408

  **Multiple Offers Exists/ Please submit your Highest and Best Offers before 1PM CST on Monday July 20th.** Just a quarter mile from Public Beach Access #11, this two-bedroom, two-and-a-half-bath townhouse puts sandy toes and salty air within an easy reach. Grab the golf cart because this is that kind of laid-back neighborhood, and getting to the water couldn't be simpler. Downstairs you'll find a

  

  MaryAnn Enfinger

  Overstreet Realty

  5720 Beach Dr, Panama City, FL 32408
• 

  

  /20

  $1,405

  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 $1,405/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
• 

  

  /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
• 

  

  /3

  Est $418,933

  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

  Last Listing Agent Heather Jeanneret Southern Beach Realty LLC
• 

  

  /57

  $309,000

  $29K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,062 Sq Ft

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

  CHECK OUT THE NEW PRICE ON THIS WATERFRONT CONDO! 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

  

  Jennifer Bond

  Compass Florida, LLC

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

  

  /20

  $2,181

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 1,022 Sq Ft
  • Condo for Rent

  7205 Thomas Dr Unit SI FL1-ID1405401P, Panama City Beach, FL 32408

  The advertised rate of $2,181/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

  7205 Thomas Dr Unit SI FL1-ID1405401P, 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 $213,682

  Last Listing Agent Lexi Hinson Legacy Premier Agency

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

  

  /57

  Est $597,245

  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

  Last Listing Agent Laina Dillman Lifes A Beach Real Estate, LLC

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