184

Lower Grand Lagoon, FL Condos for Sale

Section Image Section Image
  • /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

    Agent Photo

    Samantha Tuno Holden

    Sunspot Realty, LLC

    (448) 202-5401

    8730 Thomas Dr Unit 1201B, Panama City Beach, FL 32408
  • /11

    $264,000

    $6K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 336 Sq Ft

    8001 Surf Dr Unit B10, Panama City, FL 32408

    Panama City Beach Get-Away! Cozy 1BR/1BA beautifully furnished and decorated just steps away to ''World's Most Beautiful Beaches''. Newer LVP flooring, tile bath and shiplap. Stingray has pool, kiddy pool, parking in front of building, extra parking across the street and onsite laundry. Short term rental can sleep 3. Dining, shopping, fishing, golf and entertainment within minutes away. All

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (448) 334-5808

    8001 Surf Dr Unit B10, Panama City, FL 32408
  • /43

    $399,000

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 2, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own an updated 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 this unit extremely attractive for short term rentals and personal use alike. NO HOA but

    Agent Photo

    Kerry Jackson

    LPT Realty LLC

    (448) 233-4203

    5012 Gulf Dr Unit 2, Panama City, FL 32408
  • /62

    $449,900

    $50K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 4, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 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 several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

    Agent Photo

    Kerry Jackson

    LPT Realty LLC

    (448) 327-5197

    5012 Gulf Dr Unit 4, Panama City, FL 32408
  • /22

    $419,000

    $31K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408

    Amazing 2 Bedroom 2 Bath in the desired B Building in Summerhouse. Kitchen with newer oak cabinets and granite counter tops, sliding glass door window treatments, all tile flooring throughout, leather living room furniture and double recliner couch, French doors that lead to master bath, master bedroom is gulf side with slider leading to balcony, mirrored closet doors in master bedroom. Amenities

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 750-7659

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408
  • /55

    $739,900

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,367 Sq Ft

    6201 Thomas Dr Unit 401, Panama City, FL 32408

    WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS

    Agent Photo

    Sassy French

    Keller Williams Success Realty

    (448) 678-0600

    6201 Thomas Dr Unit 401, Panama City, FL 32408
  • /52

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 1, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - 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 walk out your front door and you're less than 60

    Agent Photo

    Kerry Jackson

    LPT Realty LLC

    (448) 288-2522

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

    Agent Photo

    Abigail Davis

    Corcoran Reverie

    (448) 230-8248

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
  • /70

    $600,000

    $25K 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

    Agent Photo

    Sassy French

    Keller Williams Success Realty

    (448) 256-3442

    6201 Thomas Dr Unit 406, Panama City, FL 32408
  • /29

    $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

    Agent Photo

    Robert Weil

    Engel & Voelkers 30A Beaches

    (448) 231-6709

    8730 Thomas Dr Unit 409, Panama City, FL 32408
  • /29

    $479,000

    $150K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408

    'Gulf Front'' Beautifully updated Deluxe 2BR/2BA fully furnished rental ready condominium, lower floor with 1286 sq. ft. Tile flooring throughout, 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, flooring, sliding doors and windows just to

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 905-5721

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408
  • /72

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 3, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-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 several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

    Agent Photo

    Kerry Jackson

    LPT Realty LLC

    (448) 200-0171

    5012 Gulf Dr Unit 3, Panama City, FL 32408
  • /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

    Agent Photo

    Jennifer Bond

    Compass Florida, LLC

    (448) 231-6821

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

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (448) 230-8190

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

    Agent Photo

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 741-7378

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408
  • /30

    $269,900

    $25K PRICE DROP
    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408

    Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the

    Agent Photo

    Shantel Peterson

    Real Broker LLC

    (448) 231-8143

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408
  • /22

    $244,900

    $5K PRICE DROP
    • 1 Bath
    • 489 Sq Ft

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408

    Turnkey Studio with Gulf Views - Unit A-418 Welcome to Unit A-418 -- a beautifully updated, move-in-ready studio that blends comfort, style, and functionality in one perfect package. This clean and spacious unit features two Queen beds, comfortably sleeping up to four guests, making it an ideal vacation rental, second home, or beach getaway. Enjoy breathtaking Gulf views through floor-to-ceiling

    Agent Photo

    Edward Harper

    HSFLA LLC

    (448) 408-6698

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408
  • /35

    $380,000

    $19K PRICE DROP
    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1102, Panama City, FL 32408

    Wake up to the sound of waves and the shimmer of emerald water from this beautifully appointed 1BR + hallway bunk, 2-bath Gulf-front residence at Seychelles. From the moment you step inside, the views pull you in—the private balcony becomes your front-row seat to sunrise mornings and slow, golden evenings. The open living space feels airy and welcoming, while the serene primary suite and ensuite

    Donna Fox Compass Florida, LLC

    5115 Gulf Dr Unit 1102, Panama City, FL 32408
  • /66

    $422,000

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

    6505 Thomas Dr Unit 912, Panama City Beach, FL 32408

    2BR/2BA Gulf-front condo in Summerhouse, Panama City Beach. 120 sq ft balcony, 2 pools, short-term rentals allowed. Built 1987. This 2 bedroom, 2 bath Gulf-front condominium at Summerhouse Condo in the South Lagoon area of Panama City Beach offers 1,015 square feet and direct beach frontage at 6505 Thomas Drive. Built in 1987 and listed at 422,000, the unit allows short term rentals and is being

    Greg Taylor Counts Real Estate Group Inc

    6505 Thomas Dr Unit 912, Panama City Beach, FL 32408
  • /54

    $750,000

    $49K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft

    6505 Thomas Dr Unit 215, Panama City, FL 32408

    Rarely available Summerhouse ''WRAP-A-ROUND'' Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale units but you can't find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true

    Greg Taylor Counts Real Estate Group Inc

    6505 Thomas Dr Unit 215, Panama City, FL 32408
  • /72

    $915,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,950 Sq Ft

    5004 Thomas Dr Unit 1212, Panama City, FL 32408

    3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural

    Greg Taylor Counts Real Estate Group Inc

    5004 Thomas Dr Unit 1212, Panama City, FL 32408
  • /54

    $410,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1904, Panama City, FL 32408

    Fully Furnished Gulf-Front Condo with Stunning Views Welcome to Unit 1904 at 5115 Gulf Drive, an immaculate 1-bedroom, 2-bath luxury condo perfectly situated on the sugar-white sands of Panama City Beach. This turnkey, fully furnished residence offers breathtaking floor-to-ceiling Gulf views, modern finishes, and resort-style amenities—ideal as a vacation home, full-time residence, or

    Donna Fox Compass

    5115 Gulf Dr Unit 1904, Panama City, FL 32408
  • /59

    $289,900

    • 1 Bed
    • 2 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408

    NEW MARKET PRICE $304,499! Gulf-front 10th-floor condo at The Summit in Panama City Beach. This 1-Bedroom, Two-Full-Bath beachfront unit features panoramic Gulf views, direct deeded beach access, and a private balcony overlooking the white-sand shoreline.The Summit is a Gulf-front resort community offering two beachfront pools (one heated seasonally), two kiddie pools, indoor and outdoor hot

    Sissy Carroum REV Realty

    8743 Thomas Dr Unit 1028, Panama City Beach, FL 32408
  • /53

    $699,900

    $30K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,441 Sq Ft

    6201 Thomas Dr Unit 1008, Panama City, FL 32408

    LOCATION, LOCATION, LOCATION.... If you've been searching for the PERFECT BEACH FRONT CONDO on Panama City Beach, your search ends here! Welcome to Unit 1008 at Watercrest, one of the most desirable residences on the Emerald Coast. With 1,441 square feet, this beautifully designed 2-bedroom, open-concept condo delivers everything buyers want—and very few ever get! Why is the 08 stack so coveted?

    Fred Peak Jr. Realty Mark Associates

    6201 Thomas Dr Unit 1008, Panama City, FL 32408
  • /45

    $399,900

    $60K PRICE DROP
    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 202, Panama City, FL 32408

    It is very RARE that a power bill is included in the HOA fees of a condominium. It is also a great thing when you see a second floor fully furnished unit become available in a Gulf Front high rise building. Seychelles is next door to a popular restaurant named SCHOONERS, so you can get a great lunch or dinner any old time. It gets better! There is value in the money spent on upgrades! The kitchen

    Holli Persall ERA Neubauer Real Estate Inc

    5115 Gulf Dr Unit 202, Panama City, FL 32408
  • /22

    $679,900

    • 2 Beds
    • 2 Baths
    • 1,427 Sq Ft

    6609 Thomas Dr Unit 304, Panama City, FL 32408

    Welcome to your fully renovated, high-income producing, beachfront escape in the highly sought-after Coral Reef Condominiums. Located on the ideal 3rd floor, this beautifully updated 2-bedroom, 2-bath residence offers 1,427 square feet of coastal comfort with stunning Gulf views - perfectly positioned ''not too high, not too low'' for the ultimate beachside experience. Completely transformed in

    Wendi Ligas Keller Williams Success Realty

    6609 Thomas Dr Unit 304, Panama City, FL 32408
  • /24

    $525,000

    $74K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft

    5801 Thomas Dr Unit 1003, Panama City Beach, FL 32408

    Experience beachfront living at its best in this beautifully updated, fully furnished 3-bedroom, 2-bath condo in Panama City Beach. Perched on the 10th floor, this coastal retreat offers tile flooring throughout, a modern kitchen with quartz countertops and soft-close cabinetry, and a spacious living area that opens to a private balcony with stunning panoramic Gulf views. The master suite also

    Travis Mattair Innerscope Realty LLC

    5801 Thomas Dr Unit 1003, Panama City Beach, FL 32408
  • /47

    $489,000

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

    7205 Thomas Dr Unit D 303, Panama City Beach, FL 32408

    Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers!Beach front living awaits and it is ready to be utilized as a turnkey vacation

    Edgar Barnette Bright Realty Solutions

    7205 Thomas Dr Unit D 303, Panama City Beach, FL 32408
  • /64

    $428,000

    $17K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 1009, Panama City, FL 32408

    SUNSETS FIRST...NOISE LAST. Positioned in one of the resort's most desirable sunset-facing stacks, this beautifully maintained 2 bedroom - 2 full bathroom condo captures the kind of evening views buyers come to the beach for...warm Gulf skies, sweeping horizons, and unforgettable sunsets right from your own balcony. Unlike many other buildings in the resort, this residence offers true sunset

    Stephanie Craven Counts Real Estate Group Inc

    6505 Thomas Dr Unit 1009, Panama City, FL 32408
  • /28

    $460,000

    $9K PRICE DROP
    • 1 Bed
    • 2 Baths
    • 873 Sq Ft

    5115 Gulf Dr Unit 2105, Panama City, FL 32408

    Experience true beachfront living in Seychelles Unit 2105. This beautifully appointed Gulf-front condo features a spacious primary bedroom overlooking the emerald waters of the Gulf of Mexico aka Gulf of America! Wake up to breathtaking sunrises and the sound of the waves. There is a Bunk Room that is used as a 2nd bedroom with 2 twin beds. Enjoy the coastal breeze from your 25 foot covered

    Natalie Ryan CENTURY 21 Ryan Realty Inc

    5115 Gulf Dr Unit 2105, Panama City, FL 32408
  • /24

    $475,000

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft

    5801 Thomas Dr Unit 404, Panama City Beach, FL 32408

    MOTIVATED SELLERS!!!! BRING ALL OFFERS!!!!!!! TWO BEDROOM WITH EXTRA BONUS BUNK ROOM!! This fully furnished condo is conveniently located on the 4th floor of Regency Towers! This family friendly, east end location is highly sought after and would be an excellent investment property! This rental ready unit sleeps 8 and has been a vacation destination for many repeat guests! Unit 404 has a newly

    Monica Kubisz Hitchcock Real Estate LLC

    5801 Thomas Dr Unit 404, Panama City Beach, FL 32408
  • /55

    $439,000

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 613C, Panama City, FL 32408

    Welcome to SUMMERHOUSE CONDOS. Summerhouse has been a favorite area condo resort for years. Several generations of owners and guests have grown up making Summerhouse their Beach Escape. Dive into the coastal lifestyle with this highly desirable 2-Bedroom, 2-Bath unit located on the 6th floor of the newest building. This midrise location will help ensure maximum rental income potential, making it

    Greg Taylor Counts Real Estate Group Inc

    6505 Thomas Dr Unit 613C, Panama City, FL 32408
  • /55

    $436,000

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

    6505 Thomas Dr Unit 901, Panama City, FL 32408

    This 2 bedroom 2 bath condo is an end unit on the 9th floor in the center stack. All new appliances and freshened up for the new owners (YOU). It is on the rental program so appointments will need to be set. There are tons of amenities along w a great pool area and beach access....Summerhouse has two pools, a hot tub, and kiddie pool, tennis, racketball, and shuffleboard courts, gameroom, owners

    J3/Jim Hodges Counts Real Estate Group Inc

    6505 Thomas Dr Unit 901, Panama City, FL 32408
  • /33

    $489,000

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft

    5801 Thomas Dr Unit 814, Panama City Beach, FL 32408

    Experience effortless beachfront living in Regency Towers Unit 814, a beautifully updated 2-bedroom, 2-bath Gulf-front condo on the desirable east end of Panama City Beach. Located on the 8th floor, this residence welcomes you with sweeping shoreline views and a bright, open layout designed for coastal comfort.The modern kitchen features quartz countertops, soft-close cabinetry, and a clean,

    Levi Kearney Innerscope Realty LLC

    5801 Thomas Dr Unit 814, Panama City Beach, FL 32408
  • /44

    $410,900

    • 1 Bed
    • 1 Bath
    • 918 Sq Ft

    8200 Surf Dr Unit A205, Panama City, FL 32408

    Wake up to stunning Gulf-front views in this charming one-bedroom condo, perfectly positioned on the quiet East end of Panama City Beach. Enjoy the best of both ~ peaceful, uncrowded beaches just steps from your door, while still only a short drive to the area's top restaurants, shops, entertainment & St. Andrew's State Park. This well-maintained condo offers convenient elevator access and a

    Kristi Lindgren Compass

    8200 Surf Dr Unit A205, Panama City, FL 32408
  • /53

    $439,000

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

    6505 Thomas Dr Unit 411, Panama City, FL 32408

    2BR/2BA Gulf-front condo in Summerhouse in Panama City Beach with a private balcony overlooking the Gulf. Approximately 1,015 sq ft, built in 1987, with short-term rentals allowed. Located in the Summerhouse condominium on Thomas Drive in Panama City Beach, this 2 bedroom, 2 bathroom Gulf-front condo offers direct access to the beachfront lifestyle along the Gulf of Mexico. Positioned on the 4th

    Greg Taylor Counts Real Estate Group Inc

    6505 Thomas Dr Unit 411, Panama City, FL 32408
  • /22

    $432,000

    $57K PRICE INCREASE
    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    7205 Thomas Dr Unit A209, Panama City Beach, FL 32408

    Dunes of Panama A209 is a beautifully remodeled and updated 2 Bedroom, 2 Bath, 1,050sq.ft. condo with fabulous Gulf front views! **See building information below**All assessments will be paid in full at closing!This condo is a great investment property or second home, and the building is PET FRIENDLY! This turnkey rental grossed $47,211 in 2024 and $42,100 through November 2025. Open

    Edgar Barnette Bright Realty Solutions

    7205 Thomas Dr Unit A209, Panama City Beach, FL 32408
  • /70

    $459,000

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

    5801 Thomas Dr Unit 1319, Panama City, FL 32408

    GULF-FACING BALCONY. RENOVATED INTERIOR. TURN-KEY BEACHFRONT CONDO. Regency Towers 1319 is a furnished beachfront condo in Panama City Beach, Florida, with a gulf-facing balcony and westward coastline views over the white sand beaches of PCB. The balcony is set up with high-top Polywood furniture, creating an elevated outdoor space for taking in the Gulf views. Inside, the unit features updated

    Alice De La Penha Coldwell Banker Realty

    5801 Thomas Dr Unit 1319, Panama City, FL 32408
  • /40

    $425,000

    • 1 Bed
    • 1.5 Baths
    • 835 Sq Ft

    6905 Thomas Dr Unit 802, Panama City, FL 32408

    Wow! Must see this Amazing updated Gulf front 1bed/2bath condo at popular Pelican Walk! Stainless steel appliances, granite countertops and tile floor throughout. Pelican Walk amenities include: 2 pools, hot tub, community room. Conveniently located near many Restaurants, Night life, and St. Andrews State Park. Call Today! All sizes approximate.

    Denise Fitchben Anchor Realty Florida

    6905 Thomas Dr Unit 802, Panama City, FL 32408
  • /34

    $484,000

    $15K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 1,060 Sq Ft

    8517 Surf Dr Unit 203, Panama City, FL 32408

    Gulf-Front Living at Its Finest - On the Beach! Experience coastal paradise from this rarely available gulf-front, low-rise condominium located on the 2nd floor (top floor), just steps from the sugar-white sands and surf of the Gulf of Mexico. Wake up to the soothing sound of waves and water views from your private balcony — the perfect place for morning coffee or evening sunsets. Inside, enjoy

    Donald West Northwest Florida Realty, LLC

    8517 Surf Dr Unit 203, Panama City, FL 32408

Showing Results 1 - 40, Page 1 of 5

Why Live in Lower Grand Lagoon

Lower Grand Lagoon, FL, offers a relaxed beach town lifestyle with easy access to the Gulf of Mexico. Residents enjoy walking to the beach within minutes, benefiting from less tourist congestion compared to nearby Panama City Beach. The area features a mix of condos and single-family homes, including waterfront properties with docks for boating enthusiasts. Lower Grand Lagoon is home to St. Andrews State Park, a popular destination for camping, hiking, bird watching, snorkeling, and surfing. The community hosts events like the Lobster Festival at Schooners and the Annual Grand Lagoon Bloody Mary & Music Festival. Dining options include local favorites such as Schooners and Patches Pub, known for their seafood and live music. The Bay District school system serves the area, with highly rated schools like Patronis Elementary and J.R. Arnold High. Traffic is manageable with main routes like Thomas Drive, contributing to a more secluded feel. For those seeking things to do, Lower Grand Lagoon offers a blend of outdoor activities, local events, and dining experiences.

Home Trends in Lower Grand Lagoon, FL

Housing Trends

Median Sale Price
$878,000
Median Single Family Sale Price
$878,000
Average Price Per Sq Ft
$603
Number of Homes for Sale
2
Last 12 months Home Sales
2
Months of Supply
12.00
Median List Price
$888,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-66%
How to Buy a Home How to Finance a Home How to Sell a Home