Lower Grand Lagoon, FL Homes

• 

  

  

  /37

  $313,000

  Sold Feb 18, 2026

  3720 Biltmore Dr, Panama City, FL 32408

  • 2 Beds
  • 1 Bath
  • 750 Sq Ft
  • Built 1984

  Last Sold Summary

  • 1% Below List Price
  • $417/SF
  • 4 Days On Market

  Current Estimated Value $311,768

  Last Listing Agent Nathan Lawrence Legacy Premier Agency

  3720 Biltmore Dr, Panama City, FL 32408
• 

  

  

  /15

  Est $411,070

  Not Listed For Sale

  6202 Pinetree Ave Unit A & B, Panama City, FL 32408

  • 4 Beds
  • 2 Baths
  • 1,536 Sq Ft
  • Built 1980

  6202 Pinetree Ave Unit A & B, Panama City, FL 32408

  Last Sold Summary

  • 1 Day On Market
• 

  

  

  /26

  $390,000

  $30K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 750 Sq Ft

  4715 Thomas Dr Unit 309B, Panama City Beach, FL 32408

  Located directly on the beautiful Gulf of America.Just a short walk to St.Andrews State Park. Master suite has a private bath, dressing area, large walk in closet with patio doors leading to the Gulf front balcony! Sleeper sofa in living area and a full second bathroom. Great vacation rental. Comes fully furnished and rental ready. Unit has a stack washer and dryer inside. Currently on itrip

  Reba Hanson Sunshine Realty

  4715 Thomas Dr Unit 309B, Panama City Beach, FL 32408
• 

  

  /2

  $2,850,000

  Sold Sep 30, 2025

  8207 Surf Dr, Panama City Beach, FL 32408

  • 6 Beds
  • 4.5 Baths
  • 3,032 Sq Ft
  • Built 2013

  Last Sold Summary

  • $940/SF

  Current Estimated Value $2,871,281

  Last Listing Agent Non Member NON-MEMBER OFFICE

  8207 Surf Dr, Panama City Beach, FL 32408
• 

  

  

  /49

  Est $454,804

  Not Listed For Sale

  5801 Thomas Dr Unit 215, Panama City Beach, FL 32408

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

  5801 Thomas Dr Unit 215, Panama City Beach, FL 32408

  Last Sold Summary

  • 38 Days On Market
• 

  

  /49

  $245,000

  • 1 Bed
  • 1.5 Baths
  • 680 Sq Ft

  8730 S Thomas Dr Unit 106, Panama City Beach, FL 32408

  *The adjacent unit #107 is also available for purchase!This villa at St Thomas Square offers a serene and relaxing space for enjoying all that Panama City Beach has to offer. Whether that be as your own personal home or as a beach rental! This cozy unit is very well kept, fully furnished and ready to be enjoyed. Grand Lagoon, located just steps out the back door, is excellent for fishing,

  Jamie Proctor Think Real Estate

  8730 S Thomas Dr Unit 106, Panama City Beach, FL 32408
• 

  

  /28

  $215,000

  Sold Oct 17, 2025

  3600 Thomas Dr Unit C205, Panama City, FL 32408

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

  Last Sold Summary

  • 4% Below List Price
  • $328/SF
  • 105 Days On Market

  Current Estimated Value $210,735

  Last Listing Agent Sandi Smith Dalton Wade Inc

  3600 Thomas Dr Unit C205, Panama City, FL 32408
• 

  

  /41

  Est $353,961

  Not Listed For Sale

  350 Amberjack Dr, Panama City Beach, FL 32408

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft
  • Built 1989

  350 Amberjack Dr, Panama City Beach, FL 32408

  Last Sold Summary

  • 6 Days On Market
• 

  

  /30

  $450,000

  $20K PRICE DROP Pending

  • 3 Beds
  • 2 Baths
  • 1,305 Sq Ft

  3922 Ocean View Dr, Panama City, FL 32408

  CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Ideally located just minutes from the sugar-white sands of Panama City Beach, this fully furnished 3-bedroom, 2-bath beach house offers an excellent opportunity as a short-term rental investment or personal beach retreat. With no HOA and short-term rentals allowed, the property provides flexibility and strong potential for income or

  Cindy Hamre Coastal Choice Realty LLC

  3922 Ocean View Dr, Panama City, FL 32408
• 

  

  /51

  $925,000

  Sold Apr 15, 2026

  7505 Thomas Dr Unit 512B, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,695 Sq Ft
  • Built 2002

  Last Sold Summary

  • 7% Below List Price
  • $546/SF
  • 25 Days On Market

  Current Estimated Value $998,169

  Last Listing Agent Marla Hanna Corcoran Reverie SRB

  7505 Thomas Dr Unit 512B, Panama City Beach, FL 32408
• 

  

  /43

  Est $443,073

  Not Listed For Sale

  5801 Thomas Dr Unit 1210, Panama City Beach, FL 32408

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

  5801 Thomas Dr Unit 1210, Panama City Beach, FL 32408

  Last Sold Summary

  • 47 Days On Market
• 

  

  /60

  $230,000

  • 1 Bed
  • 1.5 Baths
  • 680 Sq Ft

  8730 S Thomas Dr Unit 107, Panama City Beach, FL 32408

  *The adjacent unit #106 is available for purchase. This cozy and inviting villa at St Thomas Square offers a relaxing space for enjoying all that Panama City Beach has to offer. Whether that be as your own personal home or as a beach rental! This unit is fully furnished and ready to be enjoyed! Grand Lagoon, located just steps out the back door, is excellent for fishing, observing wildlife and

  Jamie Proctor Think Real Estate

  8730 S Thomas Dr Unit 107, Panama City Beach, FL 32408
• 

  

  /26

  $480,000

  Sold Mar 30, 2026

  4425 Thomas Dr Unit 516, Panama City, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,086 Sq Ft
  • Built 1981

  Last Sold Summary

  • 4% Below List Price
  • $442/SF
  • 48 Days On Market

  Current Estimated Value $487,846

  Last Listing Agent Don Walker Xcellence

  4425 Thomas Dr Unit 516, Panama City, FL 32408
• 

  

  /24

  Est $534,659

  Not Listed For Sale

  5801 Thomas Dr Unit 1203, Panama City Beach, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,352 Sq Ft
  • Built 1982

  5801 Thomas Dr Unit 1203, Panama City Beach, FL 32408

  Last Sold Summary

  • 47 Days On Market
• 

  

  /18

  $279,900

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,088 Sq Ft

  6300 Pinetree Ave, Panama City, FL 32408

  Freshly renovated and move-in ready, this property at 6300 Pinetree Ave Unit B gives a fantastic opportunity to enjoy the Panama City Beach lifestyle. No HOA. Located just minutes from the beautiful beaches and emerald waters of the Gulf, the home combines modern updates with a convenient coastal location. Situated in a quiet residential area, yet close to restaurants, shopping, and entertainment.

  Steven Koleno Beycome of Florida LLC

  6300 Pinetree Ave, Panama City, FL 32408
• 

  

  /37

  $135,000

  Sold Sep 29, 2025

  8730 Thomas Dr Unit 1205-A, Panama City Beach, FL 32408

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

  Last Sold Summary

  • 29% Below List Price
  • $176/SF
  • 6 Days On Market

  Last Listing Agent Tareva Ligas Keller Williams Success Realty

  8730 Thomas Dr Unit 1205-A, Panama City Beach, FL 32408
• 

  

  /30

  Est $454,059

  Not Listed For Sale

  5801 Thomas Dr Unit 718, Panama City Beach, FL 32408

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

  5801 Thomas Dr Unit 718, Panama City Beach, FL 32408

  Last Sold Summary

  • 25 Days On Market
• 

  

  /49

  $654,900

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

  5004 Thomas Dr Unit 1811, Panama City, FL 32408

  Welcome to Treasure Island Resort, a prominently located gulf-front high-rise condominium in Panama City Beach. This highly desirable, renovated 18th floor unit is comprised of 2 bedrooms plus bunks, 2 bathrooms with 1,370 sq.ft. of an idealistic open floor plan taking full advantage of unobstructed views over the Gulf of Mexico from multiple rooms. A full-blown renovation occurred in 2022 that

  Coastal Connections Group Compass Florida, LLC

  5004 Thomas Dr Unit 1811, Panama City, FL 32408
• 

  

  /56

  $290,000

  Sold Oct 27, 2025

  5501 Lagoon Way, Panama City, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,736 Sq Ft
  • Built 1977

  Last Sold Summary

  • 20% Below List Price
  • $167/SF

  Current Estimated Value $314,949

  Last Listing Agent Alice De La Penha Coldwell Banker Realty

  5501 Lagoon Way, Panama City, FL 32408
• 

  

  /44

  Est $513,798

  Not Listed For Sale

  5801 Thomas Dr Unit 1201, Panama City Beach, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,560 Sq Ft
  • Built 1982

  5801 Thomas Dr Unit 1201, Panama City Beach, FL 32408

  Last Sold Summary

  • 29 Days On Market
• 

  

  /50

  $549,900

  $100K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,509 Sq Ft

  3914 Ural St, Panama City, FL 32408

  Back on the market at no fault of sellers...Welcome to your perfect beach getaway! Conveniently located between the lagoon and the beach. This spacious FULLY FURNISHED 5 bedroom/3 bathroom home offers 2 houses in 1!! The main house (upstairs) is 4 bedroom/2 bath with a full downstairs appt with separate entrance offering 1 bedroom/1 bath. Live in one and rent out the other or rent both. This home

  Christina Daniels Keller Williams Success Realty

  3914 Ural St, Panama City, FL 32408
• 

  

  /20

  $455,900

  Sold May 08, 2026

  7205 Thomas Dr Unit B406, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft
  • Built 1980

  Last Sold Summary

  • 4% Below List Price
  • $434/SF
  • 0 Days On Market

  Current Estimated Value $461,992

  Last Listing Agent Edgar Barnette Bright Realty Solutions

  7205 Thomas Dr Unit B406, Panama City Beach, FL 32408
• 

  

  /38

  Est $374,384

  Not Listed For Sale

  5801 Thomas Dr Unit 922, Panama City Beach, FL 32408

  • 1 Bed
  • 2 Baths
  • 916 Sq Ft
  • Built 1975

  5801 Thomas Dr Unit 922, Panama City Beach, FL 32408

  Last Sold Summary

  • 17 Days On Market
• 

  

  /39

  $399,000

  • 2 Beds
  • 2 Baths
  • 936 Sq Ft

  5620 Pinetree Ave, Panama City, FL 32408

  This home is hands down the best value in the whole neighborhood! The Happy Pelican Cottage is a well-maintained property that is walking distance to the beach and The Grand Lagoons main attractions including: the Pirates Cove Marina, access to dolphin tours, jet skis, pontoon boats, fishing charters, the Sea Screamer, the Sea Dragon Pirate Cruise, grocery stores, public boat access, and many of

  Amy McGowan LPT Realty LLC

  5620 Pinetree Ave, Panama City, FL 32408
• 

  

  /39

  $850,000

  Sold Feb 20, 2026

  5801 Thomas Dr Unit 1412, Panama City, FL 32408

  • 4 Beds
  • 2 Baths
  • 2,184 Sq Ft
  • Built 1975

  Last Sold Summary

  • $389/SF
  • 8 Days On Market

  Current Estimated Value $843,716

  Last Listing Agent Ray Mcdonald CitiStar Realty

  5801 Thomas Dr Unit 1412, Panama City, FL 32408
• 

  

  /35

  Est $428,110

  Not Listed For Sale

  5801 Thomas Dr Unit 1119, Panama City Beach, FL 32408

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

  5801 Thomas Dr Unit 1119, Panama City Beach, FL 32408

  Last Sold Summary

  • 2 Days On Market
• 

  

  /49

  $1,300,000

  • 3 Beds
  • 3 Baths
  • 1,616 Sq Ft

  7835 Surf Dr, Panama City, FL 32408

  NO HOA fees, lower property taxes, and two reserved parking spaces right at the front door--a combination that's tough to find on the Gulf.front where your beach day starts the moment you open the door. This rare 3BR/3BA townhome delivers the best of both worlds: a private, low-density beachfront getaway with the upside of strong rental appeal in one of Panama City Beach's most coveted stretches

  Helen Ferrell CENTURY 21 Ryan Realty Inc

  7835 Surf Dr, Panama City, FL 32408
• 

  

  /25

  $475,000

  Sold Nov 17, 2025

  4425 Thomas Dr Unit 805, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,086 Sq Ft
  • Built 1981

  Last Sold Summary

  • 10% Below List Price
  • $437/SF
  • 46 Days On Market

  Current Estimated Value $475,160

  Last Listing Agent Don Walker Xcellence

  4425 Thomas Dr Unit 805, Panama City Beach, FL 32408
• 

  

  /55

  Est $396,235

  Not Listed For Sale

  6404 Thomas 5 Dr Unit 5, Panama City Beach, FL 32408

  • 2 Beds
  • 2.5 Baths
  • 1,330 Sq Ft
  • Built 1982

  6404 Thomas 5 Dr Unit 5, Panama City Beach, FL 32408

  Last Sold Summary

  • 0 Days On Market
• 

  

  /52

  $925,000

  • 3 Beds
  • 5 Baths
  • 2,244 Sq Ft

  8319 Thomas Dr Unit East Side, Panama City Beach, FL 32408

  FINANCIAL POWERHOUSE! This prime beachside asset commands an Estimated Annual Gross Rental Revenue between $85,000 - $90,000. Designed for compounding returns, this revenue is projected to increase year-over-year. By capturing highly valuable repeat guests, you will maximize occupancy rates and secure a rapidly increasing ROI from day one. Full historical data (coming soon) and future projections

  Danielle Kemp CENTURY 21 Ryan Realty Inc

  8319 Thomas Dr Unit East Side, Panama City Beach, FL 32408
• 

  

  /45

  $467,500

  Sold May 30, 2025

  7205 Thomas Dr Unit C-605, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft
  • Built 1981

  Last Sold Summary

  • 12% Below List Price
  • $445/SF
  • 360 Days On Market

  Current Estimated Value $466,345

  Last Listing Agent Edgar Barnette Bright Realty Solutions

  7205 Thomas Dr Unit C-605, Panama City Beach, FL 32408
• 

  

  /50

  Est $1,266,132

  Not Listed For Sale

  7505 Thomas Dr Unit 923C, Panama City Beach, FL 32408

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

  7505 Thomas Dr Unit 923C, Panama City Beach, FL 32408

  Last Sold Summary

  • 100 Days On Market
• 

  

  /28

  $380,000

  $19K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 750 Sq Ft

  4715 Thomas Dr Unit 302, Panama City, FL 32408

  Enjoy spectacular panoramic gulf views from this stunning Commodore condo from the living room, kitchen and bedroom. This rental powerhouse is fully furnished with an expansive and beautifully decorated balcony outside that is accessible from the living room and primary bedroom through new sliding doors with high impact glass that are quiet, low maintenance, and energy efficient. This gated

  Andrea Green Sims Resort Realty, Inc

  4715 Thomas Dr Unit 302, Panama City, FL 32408
• 

  

  /48

  $335,000

  Sold Apr 16, 2026

  216 Squid Ln, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 792 Sq Ft
  • Built 1969

  Last Sold Summary

  • 11% Below List Price
  • $423/SF
  • 40 Days On Market

  Current Estimated Value $370,857

  Last Listing Agent David & Kelli Sims Sims Resort Realty, Inc

  216 Squid Ln, Panama City Beach, FL 32408
• 

  

  /42

  Est $365,029

  Not Listed For Sale

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

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

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

  Last Sold Summary

  • 5 Days On Market
• 

  

  /91

  $699,000

  • 3 Beds
  • 2 Baths
  • 1,975 Sq Ft

  7205 Thomas Dr Unit 1206, Panama City Beach, FL 32408

  Priced to Sell! Rare Corner Unit with Wrap-Around Balcony and panoramic views!Gulf-Front 3-Bedroom + Bunk Room Condo with a deeded covered parking space! This spacious corner/end-unit in the highly desired Building E offers approximately 1,975 sq ft of heated and cooled living space with an oversized wrap-around balcony. Floor-to-ceiling glass sliders open from all three gulf-front bedrooms

  Kristy Woliver Blue Bird Woliver Realty

  7205 Thomas Dr Unit 1206, Panama City Beach, FL 32408
• 

  

  /57

  $645,000

  Sold Feb 27, 2026

  5004 Thomas Dr Unit 811, Panama City, FL 32408

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

  Last Sold Summary

  • 1% Below List Price
  • $471/SF
  • 1 Day On Market

  Current Estimated Value $639,136

  Last Listing Agent Brian Clowdus Christies International Real Estate Emerald Coast

  5004 Thomas Dr Unit 811, Panama City, FL 32408
• 

  

  /22

  Not Listed For Sale

  6320 Pinetree Ave Unit A and B, Panama City Beach, FL 32408

  • 4 Beds
  • 4 Baths
  • 2,014 Sq Ft
  • Built 1981

  6320 Pinetree Ave Unit A and B, Panama City Beach, FL 32408

  Last Sold Summary

  • 79 Days On Market
• 

  

  /49

  $339,000

  $6K PRICE DROP

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

  8730 Thomas Dr Unit 313, Panama City, FL 32408

  Your Waterfront Oasis Awaits at St. Thomas Square!Waterfront Living Meets Coastal Convenience Step into this beautifully updated, fully furnished 3-bedroom, 2-bathroom condo that perfectly balances relaxation and recreation. Nestled in a premier gated community with breathtaking views of the Grand Lagoon, this move-in-ready gem offers the ultimate coastal lifestyle. Why You'll Love

  Theresa Applegate Anchor Realty Florida

  8730 Thomas Dr Unit 313, Panama City, FL 32408
• 

  

  /41

  $1,585,000

  Sold Jan 22, 2026

  4421 Thomas Dr Unit 101, Panama City, FL 32408

  • 3 Beds
  • 3 Baths
  • 2,300 Sq Ft
  • Built 1999

  Last Sold Summary

  • 6% Below List Price
  • $689/SF
  • 43 Days On Market

  Current Estimated Value $1,574,452

  Last Listing Agent Katie Patronis CENTURY 21 Ryan Realty Inc

  4421 Thomas Dr Unit 101, Panama City, FL 32408

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