18

Lower Grand Lagoon, FL Homes for Sale under $1,500,000

Section Image Section Image
  • /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

    Agent Photo

    Heather Fox

    Beachy Beach Real Estate

    6722 S Lagoon Dr, Panama City, FL 32408
  • /57

    $1,094,600

    • 4 Beds
    • 4.5 Baths
    • 2,428 Sq Ft

    7403 Sunset Ave, Panama City Beach, FL 32408

    Here you can have the best of both worlds: Private pool AND close to beach access! Whether you want to stay in and swim or venture out to salt and sand, 7403 Sunset has you covered! HIGHLIGHTS:--Fully furnished and ready to rent!--Master suite downstairs--4 spacious bedrooms (2 with en suites)--4 full + 1 half bath--Split living/dining areas with lots of

    Agent Photo

    January Johnson

    EXP Realty LLC

    7403 Sunset Ave, Panama City Beach, FL 32408
  • /71

    $1,475,000

    • 5 Beds
    • 4 Baths
    • 2,625 Sq Ft

    8120 S Lagoon Dr, Panama City, FL 32408

    Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions. Thoughtfully renovated from top to bottom, the home features 5

    Courtney Pantalena Coldwell Banker Realty

    8120 S Lagoon Dr, Panama City, FL 32408
  • /62

    $1,175,000

    $23K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,453 Sq Ft

    5416 Gulf Dr, Panama City, FL 32408

    Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This

    Shelly Callaway CENTURY 21 Ryan Realty Inc

    5416 Gulf Dr, Panama City, FL 32408
  • /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
  • /77

    $1,200,000

    • 2 Beds
    • 3 Baths
    • 1,376 Sq Ft

    7719 Surf Dr, Panama City, FL 32408

    Gulf Front 2 bedroom 3 full bath townhome. Park at your front door. No elevator to wait on. Walk in and go right out to the beach. The spacious family room with a nice deck is a great place for entertainment. Each of the upstairs bedrooms have their own bath. The full bath downstairs is a nice extra when you have company. This townhome is the perfect place to relax. Make an appointment to see it

    Martha Gray Counts Real Estate Group Inc

    7719 Surf Dr, Panama City, FL 32408
  • /44

    $1,150,000

    $49K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,240 Sq Ft

    4120 Danny Dr, Panama City, FL 32408

    NEW PRICE AND MOTIVATED SELLER! Fully- furnished, gulf-view home with private pool and literally just steps to the beach! Situated on a private road with private beach access, this property offers a unique combination of privacy, convenience, and strong investment potential. This 4-bedroom, 3-bath home features a great layout for enjoying family and friends, an open kitchen, dining and living

    Michele Morros Keller Williams Success Realty

    4120 Danny Dr, Panama City, FL 32408
  • /22

    $1,199,000

    $51K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 3,420 Sq Ft

    3908 Ocean View Dr Unit A, Panama City Beach, FL 32408

    ***ATTENTION INVESTORS*** Spectacular and Modern ''Miami style'' Beach Income producing Quadplex with Top-of-the-line finishes (Over $300K in upgrades) ... 8Beds/4Baths Fully rented in Panama City Beach! Only a few steps from Beach access in the best side of town. The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact

    Milton Vergara Red Real Estate Associates, LL

    3908 Ocean View Dr Unit A, Panama City Beach, FL 32408
  • /63

    $1,195,000

    • 3 Beds
    • 3 Baths
    • 2,328 Sq Ft

    7115 Thomas Dr Unit 502, Panama City, FL 32408

    At over 2,300 square feet with a true grand foyer entry, this gulf-front 3BR/3BA at Hidden Dunes feels less like a condo and more like a coastal residence - one where every bedroom has its own private bath and the balcony stretches 43 feet across the Gulf. A true grand foyer entry sets the tone immediately, creating a sense of arrival more typical of a full-sized coastal residence than a standard

    Craig Duran Berkshire Hathaway HomeServices Beach Properties of Florida

    7115 Thomas Dr Unit 502, Panama City, FL 32408
  • /51

    $1,200,000

    • 3 Beds
    • 3.5 Baths
    • 2,413 Sq Ft

    4804 Hispaniola St, Panama City, FL 32408

    Beautiful Palm Beach-style 3-story cottage located just yards from the sugar-white sand beaches and the sparkling Gulf of Mexico! This stunning fully furnished 3-bedroom, 3.5-bath home offers the perfect blend of coastal charm and modern comfort. Features include granite countertops, stainless steel appliances, a cozy gas fireplace, and a mix of hardwood and carpet flooring throughout. Enjoy Gulf

    Stephanie Ingram Counts Real Estate Group Inc

    4804 Hispaniola St, Panama City, FL 32408
  • /60

    $1,198,000

    $117K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,594 Sq Ft

    3910 Wasp St, Panama City, FL 32408

    PRICED TO SELL! Rare and exceptional investment opportunity located on the East End of Panama City Beach in the desirable South Lagoon area. This 4-bedroom, 3.5-bath, 2,500+ sq ft home is being sold fully furnished and turnkey, with NO HOA and NO rental restrictions.Situated on TWO lots just a few short blocks from beach access, this 3 story home is designed to maximize both guest experience

    Lexi Hinson Legacy Premier Agency

    3910 Wasp St, Panama City, FL 32408
  • /80

    $1,390,000

    • 3 Beds
    • 3 Baths
    • 2,274 Sq Ft

    6627 Thomas Dr Unit 1601, Panama City Beach, FL 32408

    Welcome to Sterling Beach Unit 1601, a luxurious Gulf front retreat where panoramic views of the Gulf of Mexico create a stunning backdrop for the coastal life. From the moment you enter this condominium, floor to ceiling windows will take your breath away with sweeping views of emerald waters and sandy white beaches. This highly desirable 16th floor condominium is the perfect height to take full

    Michele Morros Keller Williams Success Realty

    6627 Thomas Dr Unit 1601, Panama City Beach, FL 32408
  • /13

    $1,400,000

    $100K PRICE DROP
    • Land
    • 22,215 Sq Ft
    • $2,745,098 per Acre

    5518 Thomas Dr, P C Beach, FL 32408

    This is your chance to secure a rare development opportunity along the highly sought-after Thomas Drive business corridor.An exceptional .51-acre site (three combined lots: 100' x 220') with frontage on Thomas Drive, Beach Drive, and Biltmore Drive. This unique configuration provides access from three road fronts, offering excellent visibility and accessibility for future

    Beth Christie Local Insight Realty

    5518 Thomas Dr, P C Beach, FL 32408
  • /47

    $1,095,000

    $100K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,384 Sq Ft

    6415 Thomas Dr Unit 1203, Panama City, FL 32408

    Furnished 4-bedroom, 4-bathroom condo on the 12th floor of the exclusive Princess Condominiums, offering an impressive 2,400 sq. ft. of thoughtfully designed living space. This unit features tile floors in the living areas and plush carpeting in the bedrooms. The spacious, open kitchen layout is perfect for entertaining, complete with a wet bar, breakfast bar, granite countertops, elegant glass

    Zack Seltzer Seltzer Real Estate, LLC

    6415 Thomas Dr Unit 1203, Panama City, FL 32408
  • /56

    $1,450,000

    • 3 Beds
    • 2 Baths
    • 2,400 Sq Ft

    6323 Thomas Dr Unit 501A, Panama City, FL 32408

    Discover Luxury at 6323 Thomas Drive Unit 501, Summerwinds Condominium. Escape to this exclusive beachfront paradise in Panama City Beach's premier non-rental gated community. This stunning 5th-floor end unit in the East Tower offers 3 bedrooms, 2 baths, and 2,400 sq ft of living space with forever Gulf views. Perched directly on pristine beaches, Unit 501 delivers sweeping sunrise and sunset

    Katie Patronis CENTURY 21 Ryan Realty Inc

    6323 Thomas Dr Unit 501A, Panama City, FL 32408
  • /50

    $1,278,000

    • 4 Beds
    • 3 Baths
    • 2,152 Sq Ft

    7320 S Lagoon Dr, Panama City, FL 32408

    Experience Waterfront Living in Panama City Beach with this exquisitely refreshed 4 bedroom, 3 full baths. Located on the Grand Lagoon, which offers deep water access to the Gulf of America and your own private boat dock. Just minutes to the Gulf of America & Shell Island. Private Suite serves as a private waterfront retreat with tranquil water views, direct door access. Home has been completely

    Lori Breeden CENTURY 21 Ryan Realty Inc

    7320 S Lagoon Dr, Panama City, FL 32408
  • /98

    $1,259,000

    $41K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,986 Sq Ft

    3530 Treasure Cir, Panama City, FL 32408

    RARE WATERFRONT. RENTAL PROJECTION OF $70K-$80K. PRIVATE DOCK + LIFT. Set near the mouth of the lagoon in Panama City Beach, this waterfront property offers the kind of location, scenery, and boating access that can stand out to both personal-use buyers and short-term rental investors. With a rental projection estimating year-one revenue of $70,000 to $80,000, this is more than a waterfront

    Sean Casilli Coldwell Banker Realty

    3530 Treasure Cir, Panama City, FL 32408
  • /28

    $1,250,000

    • Land
    • 42,688 Sq Ft
    • $1,275,510 per Acre

    8929 N Lagoon Dr, Panama City, FL 32408

    PRIME COMMERCIAL CORNER OF JOAN AND NORTH LAGOON DRIVE. Frontage on Joan and North Lagoon Dr. Billboard sign on property will convey with sale of property. General Commercial C-3 zoning . See baycountyfl.gov chapter 6 for allowable uses. Property located in beaches special area treatment zone. Close proximity to tourist attractions, amusements, boat / jet ski rentals, Signal Hill golf course,

    Betsy Anderson Miracle Strip Realty

    8929 N Lagoon Dr, Panama City, FL 32408

Home Price Trends

Median Sale Price
$878,000
Median Single Family Sale Price
$878,000
Average Price Per Sq Ft
$564
Number of Homes for Sale
2
Last 12 months Home Sales
4
Months of Supply
6.00
Median List Price
$888,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-66%
How to Buy a Home How to Finance a Home How to Sell a Home