Lower Grand Lagoon, FL Homes

• 

  

  

  /31

  $699,900

  $40K PRICE DROP Pending

  • 2 Beds
  • 2 Baths
  • 1,600 Sq Ft

  6323 Thomas Dr Unit 403A, Panama City Beach, FL 32408

  Experience the art of coastal living at its finest. Wake each morning to panoramic, unobstructed views of Panama City Beach's sugar-white sands and shimmering emerald waters from the privacy of your own balcony. This elegantly updated beachfront residence captures the sophistication of seaside living, blending timeless design with modern comfort. A sun-drenched open floor plan invites relaxation,

  

  Nichole Causton

  Go Coastal Realty LLC

  (448) 233-3132

  6323 Thomas Dr Unit 403A, Panama City Beach, 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

  (850) 771-4817

  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 $522,683

  Last Listing Agent Kati Pullins Beachy Beach Real Estate

  3900 Quarts St, Panama City, FL 32408
• 

  

  

  /3

  Est $426,601

  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
• 

  

  

  /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

  (448) 202-5401

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

  

  /16

  $2,229

  Total Monthly Price

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

  8115 Thomas Dr Unit SI FL2-ID1354930P, Panama City, FL 32408

  The advertised rate of $2,229/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

  (448) 334-6403

  8115 Thomas Dr Unit SI FL2-ID1354930P, Panama City, 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 $349,667

  Last Listing Agent Kathryn Miller Anchor Realty Florida

  7911 Beach Dr, Panama City, FL 32408
• 

  

  /52

  Est $790,135

  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
• 

  

  /84

  $790,000

  $150K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,089 Sq Ft

  1 Dolphin Ln, Panama City Beach, FL 32408

  Seller is Motivated !!! Highly Sought after Venture Out Home! Best location in the community. Come and explore Venture Out.They have their own private pristine beach, with a beach side pool and 1000 SF' on Grand Lagoon with another pool,Boat 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

  

  Tracye Crass

  Beach Haven Realty

  (448) 233-4416

  1 Dolphin Ln, Panama City Beach, FL 32408
• 

  

  /14

  $1,374

  Total Monthly Price

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

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

  The advertised rate of $1,374/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

  (448) 334-8276

  8730 Thomas Dr Unit SI ID1355041P, 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 $399,198

  Last Listing Agent Teresa Dyer Realty One of Northwest Florida LLC

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

  

  /13

  Est $310,810

  Not Listed For Sale

  5624 Thomas Dr Unit 7, Panama City, FL 32408

  • 2 Beds
  • 1.5 Baths
  • 816 Sq Ft
  • Built 1983

  5624 Thomas Dr Unit 7, Panama City, FL 32408

  Last Sold Summary

  • 73 Days On Market
• 

  

  /52

  $589,000

  $46K 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

  (850) 616-7396

  7011 Sunset Ave, Panama City Beach, FL 32408
• 

  

  /20

  $13,351

  Total Monthly Price

  • 5 Beds
  • 5 Baths
  • 3,078 Sq Ft
  • Condo for Rent

  8013 Surf Dr Unit SI ID1523322P, Panama City Beach, FL 32408

  The advertised rate of $13,352/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 12, 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

  (448) 334-5507

  8013 Surf Dr Unit SI ID1523322P, 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 $1,693,481

  Last Listing Agent Greg Taylor Counts Real Estate Group Inc

  5203 Gulf Dr, Panama City, FL 32408
• 

  

  /18

  Not Listed For Sale

  169 S Marlin Dr, Panama City Beach, FL 32408

  • 2 Beds
  • 1 Bath
  • 712 Sq Ft
  • Built 1979

  169 S Marlin Dr, Panama City Beach, FL 32408

  Last Sold Summary

  • 2 Days On Market
• 

  

  /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

  

  Jennifer Bond

  Compass Florida, LLC

  (448) 231-6821

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

  

  /20

  $2,114

  Total Monthly Price

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

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

  The advertised rate of $2,115/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 11, 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

  (448) 334-7050

  8115 Thomas Dr Unit SI FL2-ID1355032P, 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 $2,576,739

  Last Listing Agent Bill Thomas Beach Time Realty, Inc

  8320 Surf Dr, Panama City Beach, FL 32408
• 

  

  /43

  Not Listed For Sale

  6323 Thomas Dr Unit 404, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,600 Sq Ft
  • Built 1994

  6323 Thomas Dr Unit 404, Panama City Beach, FL 32408

  Last Sold Summary

  • 66 Days On Market
• 

  

  /60

  $450,000

  Pending

  • 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

  

  Bob Thomas

  Counts Real Estate Group Inc

  (448) 233-3487

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

  

  /14

  $1,576

  Total Monthly Price

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

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

  The advertised rate of $1,577/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

  (448) 222-2648

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

  

  /41

  $418,000

  Sold May 29, 2025

  8610 Surf Dr Unit 206, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft
  • Built 1987

  Last Sold Summary

  • 3% Below List Price
  • $418/SF
  • 186 Days On Market

  Current Estimated Value $402,345

  Last Listing Agent Courtney Pantalena Coldwell Banker Realty

  8610 Surf Dr Unit 206, Panama City Beach, FL 32408
• 

  

  /36

  Est $420,759

  Not Listed For Sale

  5801 Thomas 1215 Dr Unit 1215, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,144 Sq Ft
  • Built 1982

  5801 Thomas 1215 Dr Unit 1215, Panama City Beach, FL 32408

  Last Sold Summary

  • 60 Days On Market
• 

  

  /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

  

  Kerry Jackson

  LPT Realty LLC

  (448) 202-7317

  5012 Gulf Dr Unit 1-4, Panama City, FL 32408
• 

  

  /20

  $2,600

  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 $2,600/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 18, 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

  (448) 217-2088

  4114 Holiday Dr Unit SI ID1523354P, 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
• 

  

  /21

  Est $359,963

  Not Listed For Sale

  4715 Thomas Dr Unit 202, Panama City Beach, FL 32408

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

  4715 Thomas Dr Unit 202, Panama City Beach, FL 32408

  Last Sold Summary

  • 36 Days On Market
• 

  

  /63

  $450,000

  Pending

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

  5801 Thomas Dr Unit 611, Panama City, FL 32408

  CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS ** 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

  

  Bob Thomas

  Counts Real Estate Group Inc

  (448) 233-4595

  5801 Thomas Dr Unit 611, Panama City, FL 32408
• 

  

  /20

  $3,506

  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 $3,506/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

  (448) 230-3425

  5710 Sunset Ave Unit SI ID1523314P, 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 $207,940

  Last Listing Agent Lexi Hinson Legacy Premier Agency

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

  

  /10

  Est $420,759

  Not Listed For Sale

  5801 Thomas Dr Unit 1215, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,144 Sq Ft
  • Built 1982

  5801 Thomas Dr Unit 1215, Panama City Beach, FL 32408

  Last Sold Summary

  • 75 Days On Market
• 

  

  /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

  

  Cindy Armstrong Karr

  Berkshire Hathaway HomeServices Beach Properties of Florida

  (448) 230-8190

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

  

  /20

  $8,288

  Total Monthly Price

  • 3 Beds
  • 2 Baths
  • 1,625 Sq Ft
  • Condo for Rent

  5402 Pinetree Ave Unit SI ID1447170P, Panama City, FL 32408

  The advertised rate of $8,288/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 7, 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

  (448) 222-3046

  5402 Pinetree Ave Unit SI ID1447170P, Panama City, 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 $317,735

  Last Listing Agent Jason Smoker Counts Real Estate Group Inc

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

  

  /44

  Est $595,151

  Not Listed For Sale

  6201 Thomas Dr Unit 1102, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,404 Sq Ft
  • Built 1987

  6201 Thomas Dr Unit 1102, Panama City Beach, FL 32408

  Last Sold Summary

  • 88 Days On Market
• 

  

  /18

  $475,000

  $50K PRICE DROP

  • 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

  

  Cindy Armstrong Karr

  Berkshire Hathaway HomeServices Beach Properties of Florida

  (850) 741-7378

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

  

  /15

  $2,116

  Total Monthly Price

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

  5115 Gulf Dr Unit SI FL10-ID1354918P, Panama City Beach, FL 32408

  The advertised rate of $2,116/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 13, 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

  (448) 200-1042

  5115 Gulf Dr Unit SI FL10-ID1354918P, 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 $393,497

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

  3912 Long John Dr, Panama City, FL 32408
• 

  

  /27

  Est $577,346

  Not Listed For Sale

  4715 Thomas Dr Unit 905, Panama City Beach, FL 32408

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

  4715 Thomas Dr Unit 905, Panama City Beach, FL 32408

  Last Sold Summary

  • 87 Days On Market

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