Lower Grand Lagoon, FL Homes

• 

  

  

  /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
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• 

  

  

  /20

  $1,495

  Total Monthly Price

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

  8115 Thomas Dr Unit SI FL2-ID1355038P, Panama City, FL 32408

  The advertised rate of $1,496/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

  8115 Thomas Dr Unit SI FL2-ID1355038P, Panama City, 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 $396,445

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

  3912 Long John Dr, Panama City, FL 32408
• 

  

  

  /50

  Not Listed For Sale

  434 Snook Ln, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 708 Sq Ft
  • Built 1988

  434 Snook Ln, Panama City Beach, FL 32408

  Last Sold Summary

  • 97 Days On Market

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

  

  

  /59

  $645,000

  $4K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 2,088 Sq Ft

  3707 Mystic St Unit A & B, Panama City Beach, FL 32408

  ADORABLE DUPLEX WITH MULTIPLE POSSIBILITIES! * Live in one side, rent the other out. * Short term rent both units. * Short term rent one side, mid or long-term rent the other. THE CHOICE IS YOURS! SIDE A: MYSTIC SURF --3 BR, Sleeps 8 - King, King, King + Twin/Twin Trundle --1 Full, 1 Half Bath --Surf/wave murals in every bedroom --Full Kitchen with lots of counter space --Private Patio --Storage

  

  January Johnson

  EXP Realty LLC

  3707 Mystic St Unit A & B, Panama City Beach, FL 32408
• 

  

  /20

  $8,400

  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 $8,400/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 2, 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

  5402 Pinetree Ave Unit SI ID1447170P, Panama City, 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 $1,383,885

  Last Listing Agent Claire Newton Counts Real Estate Group Inc

  5706 S Lagoon Dr, Panama City, FL 32408
• 

  

  /52

  Est $747,362

  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

  Last Listing Agent Doug Addeo Regional Trust Corporation
• 

  

  /70

  $575,000

  $50K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,379 Sq Ft

  6201 Thomas Dr Unit 406, Panama City, FL 32408

  WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek. The

  

  Sassy French

  Keller Williams Success Realty

  6201 Thomas Dr Unit 406, 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
• 

  

  /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

  Current Estimated Value $275,344

  Last Listing Agent Matt Keaton Counts Real Estate Group Inc

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

  

  /34

  Est $378,431

  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

  Last Listing Agent Gregory Ward Keller Williams Success Realty
• 

  

  /39

  $275,000

  $50K PRICE INCREASE

  • Land
  • 6,098 Sq Ft
  • $1,964,286 per Acre

  8307 Elizabeth Ave, Lower Grand Lagoon, FL 32408

  Prime building opportunity on the east end of Panama City Beach! This cleared, level 50' x 125' lot is located in Flood Zone X and less than 1,000 feet from public beach access. Conveniently situated near the new Tootsie's, St. Andrews State Park, dining and entertainment. Zoned R-2 with the potential for a single-family residence or duplex, subject to applicable development requirements. Public

  

  Justin Cater

  EXP Realty LLC

  8307 Elizabeth Ave, Lower Grand Lagoon, 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 December 28, 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

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

  

  /53

  $950,000

  Sold Jul 27, 2026

  7122 S Lagoon Dr, Panama City, FL 32408

  • 3 Beds
  • 3 Baths
  • 2,139 Sq Ft
  • Built 1977

  Last Sold Summary

  • 21% Below List Price
  • $444/SF
  • 31 Days On Market

  Current Estimated Value $1,189,788

  Last Listing Agent Beth Mulvey Beach House Sales and Development

  7122 S Lagoon Dr, Panama City, FL 32408
• 

  

  /34

  Est $641,733

  Not Listed For Sale

  6627 Thomas Dr Unit 704, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,447 Sq Ft
  • Built 2003

  6627 Thomas Dr Unit 704, Panama City Beach, FL 32408

  Last Sold Summary

  • 106 Days On Market

  Last Listing Agent Lindsey Pilgrim Beach House Sales and Development
• 

  

  /39

  $425,000

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

  8730 Thomas Dr Unit 409, Panama City, 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

  

  Robert Weil

  Engel & Voelkers 30A Beaches

  8730 Thomas Dr Unit 409, 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
• 

  /2

  $597,000

  Sold Jun 15, 2026

  5004 Thomas Dr Unit 303, Panama City, FL 32408

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

  Last Sold Summary

  • $436/SF

  Current Estimated Value $607,653

  Last Listing Agent Irina Shikoryak-Azoulay Keller Williams Success Realty

  5004 Thomas Dr Unit 303, Panama City, FL 32408
• 

  

  /23

  Est $254,683

  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

  Last Listing Agent Emily Lewallen Coastal Vibes Luxury Realty
• 

  

  /44

  $498,000

  $9K PRICE INCREASE Pending

  • 2 Beds
  • 2 Baths
  • 1,176 Sq Ft

  6500 Sunset Ave, Panama City, FL 32408

  CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to your charming beach cottage in the heart of Panama City Beach! Located just minutes from the sugar white sands and emerald waters, this beautifully maintained home offers the perfect blend of comfort, convenience, and coastal charm. Whether you are searching for a primary residence, vacation getaway, or income-producing

  

  Alexandra Gavrilash

  Counts Real Estate Group Inc

  6500 Sunset Ave, Panama City, 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
• 

  

  /44

  $710,000

  Sold Apr 20, 2026

  7506 Thomas Dr, Panama City, FL 32408

  • 4 Beds
  • 3 Baths
  • 1,731 Sq Ft
  • Built 2002

  Last Sold Summary

  • 1% Above List Price
  • $410/SF
  • 4 Days On Market

  Current Estimated Value $704,331

  Last Listing Agent Camilo Perez Home Sold Realty LLC

  7506 Thomas Dr, Panama City, FL 32408
• 

  

  /23

  Not Listed For Sale

  4715 Thomas Dr Unit 602, Panama City Beach, FL 32408

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

  4715 Thomas Dr Unit 602, Panama City Beach, FL 32408

  Last Sold Summary

  • 149 Days On Market

  Last Listing Agent Jane Fillingim Keller Williams Success Realty
• 

  

  /59

  $634,900

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

  6201 Thomas Dr Unit 702, Panama City, FL 32408

  Welcome to Watercrest 702 -- a beautifully maintained 2-bedroom, 2-bath Gulf-front condo offering stunning views and effortless coastal living. Located on a desirable lower floor, this residence provides the perfect balance of convenience and breathtaking scenery, with the soothing sights and sounds of the Gulf just steps away. Inside, the condo features luxury vinyl plank flooring throughout,

  

  Sassy French

  Keller Williams Success Realty

  6201 Thomas Dr Unit 702, 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
• 

  

  /53

  $400,000

  Sold Jan 30, 2026

  6304 Thomas Dr Unit U7, Panama City, FL 32408

  • 2 Beds
  • 2.5 Baths
  • 1,332 Sq Ft
  • Built 1982

  Last Sold Summary

  • $300/SF
  • 0 Days On Market

  Current Estimated Value $398,901

  Last Listing Agent Sandi Smith Dalton Wade Inc

  6304 Thomas Dr Unit U7, 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

  Last Listing Agent Crystal Ball Anchor Realty Florida
• 

  

  /88

  $2,875,000

  $520K PRICE DROP

  • 6 Beds
  • 4.5 Baths
  • 2,856 Sq Ft

  8205 Surf Dr, Panama City Beach, FL 32408

  Gulf-Front Oasis with Private Saltwater Pool & Excellent Rental Income! This stunning 6-bedroom, 4.5-bath beachfront home offers the ultimate luxury coastal living experience, sitting directly on the sugar-white sands of Panama City Beach--zero steps to the beach! With approximately 2,850 sq. ft., this beautifully designed home provides expansive Gulf views from nearly every room. The

  

  Alexandra Gavrilash

  Counts Real Estate Group Inc

  8205 Surf Dr, Panama City Beach, 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
• 

  

  /56

  $540,000

  Sold Jun 29, 2026

  6315 Hilltop Ave, Panama City, FL 32408

  • 6 Beds
  • 6 Baths
  • 2,720 Sq Ft
  • Built 1981

  Last Sold Summary

  • 23% Below List Price
  • $199/SF
  • 151 Days On Market

  Last Listing Agent Beth Christie Local Insight Realty

  6315 Hilltop Ave, 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

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

  

  /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
• 

  

  /32

  $332,000

  Sold Mar 26, 2026

  5213 Trelawney Ave, Panama City, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,424 Sq Ft
  • Built 1972

  Last Sold Summary

  • 2% Below List Price
  • $233/SF
  • 8 Days On Market

  Current Estimated Value $339,976

  Last Listing Agent Megan Barber CENTURY 21 Ryan Realty Inc

  5213 Trelawney Ave, Panama City, FL 32408
• 

  

  /48

  Est $512,643

  Not Listed For Sale

  56 Gulf Loop, Panama City, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,056 Sq Ft
  • Built 1987

  56 Gulf Loop, Panama City, FL 32408

  Last Sold Summary

  • 129 Days On Market

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

  

  /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

  $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
• 

  

  /47

  $433,000

  Sold Feb 13, 2026

  7401 Beach Dr Unit B, Panama City, FL 32408

  • 3 Beds
  • 2 Baths
  • 1,294 Sq Ft
  • Built 1986

  Last Sold Summary

  • 10% Below List Price
  • $335/SF
  • 6 Days On Market

  Current Estimated Value $440,562

  Last Listing Agent Cindy Shoemaker Christies International Real Estate Emerald Coast

  7401 Beach Dr Unit B, Panama City, FL 32408
• 

  

  /65

  Est $345,452

  Not Listed For Sale

  8730 Thomas 210 Dr Unit 210, Panama City Beach, FL 32408

  • 2 Beds
  • 2 Baths
  • 1,230 Sq Ft
  • Built 1984

  8730 Thomas 210 Dr Unit 210, Panama City Beach, FL 32408

  Last Sold Summary

  • 93 Days On Market

  Last Listing Agent Holly Watkins Own It Real Estate LLC

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