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Upper Grand Lagoon Multifamily Homes & Duplexes for Sale

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  • /39

    $205,000

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

    1840 Annabellas Dr, Panama City Beach, FL 32407

    Welcome to ''Annabellas'' a gated townhome community conveniently located just off PCB Parkway minutes from white sandy beaches, St. Andrews State Park, NSA Navy Base, shopping, schools, and more! This 2 bedroom/ 2.5 bathroom home has a freshly painted interior and features an open-concept living/kitchen downstairs with half bathroom, and laundry closet. Kitchen features a breakfast bar, pantry,

    Christina Daniels Keller Williams Success Realty

    1840 Annabellas Dr, Panama City Beach, FL 32407
  • /6

    $725,000

    • 12 Beds
    • 12 Baths
    • 4,752 Sq Ft

    9125 Laird St, Panama City, FL 32408

    Great price on four unit!! Four 3 bedroom 3 bath units. Located near the beach and shopping. Three out of the four units are occupied- great rental income!

    Candace Easdale LSI REALTY & MANAGEMENT LLC

    9125 Laird St, Panama City, FL 32408
  • /8

    $725,000

    • 12 Beds
    • 12 Baths
    • 4,752 Sq Ft

    9117 Laird St, Panama City, FL 32408

    Great Price on a four unit! Four 3 bedroom 3 bath units. Located near the beach and shopping. 3 out of 4 units are currently rented with great cash flow.

    Candace Easdale LSI REALTY & MANAGEMENT LLC

    9117 Laird St, Panama City, FL 32408
  • /18

    $249,900

    • 2 Beds
    • 2.5 Baths
    • 1,260 Sq Ft

    1004 Wildwood Rd, Panama City Beach, FL 32407

    Don't miss your chance to tour this beautiful home in person! Don't miss your chance to own this beautifully updated 2-bedroom, 2.5-bathroom townhouse in Panama City Beach, offering stunning water views! This charming home features a modern kitchen with stainless steel appliances, sleek quartz countertops, and elegant ceramic tile flooring on the main level. Enjoy peace of mind with a new roof

    Inna McLelland Counts Real Estate Group Inc

    1004 Wildwood Rd, Panama City Beach, FL 32407
  • /50

    $1,150,000

    • 8 Beds
    • 4 Baths
    • 4,159 Sq Ft

    2809 Lagoon Knoll Dr, Panama City Beach, FL 32408

    Take advantage of a rare opportunity—Seller Financing available with just 40% down and a low 6% interest rate fixed for 2 years on this Charming & Stylish Quadplex in the Heart of Panama City Beach.Welcome to a one-of-a-kind investment opportunity nestled in the heart of Panama City Beach, Florida. This exquisitely remodeled quadplex sits on a sprawling half-acre lot adorned with

    Daryle Burkey Coldwell Banker Realty

    2809 Lagoon Knoll Dr, Panama City Beach, FL 32408
  • /51

    $364,900

    • 3 Beds
    • 2.5 Baths
    • 1,476 Sq Ft

    9016 Banyan Beach Dr, Panama City, FL 32408

    Beach living at a remarkable price! An immaculate town home that is walking distance to the World's Most Beautiful Beaches! This location is one of the most desirable because you are so close to the excitement of the beach with dining, shopping and entertainment, but yet have your own private home and cozy quiet back patio area. This town home is spacious with an open floor plan and features 3

    Lisa Suggs Anchor Realty Florida

    9016 Banyan Beach Dr, Panama City, FL 32408
  • /13

    $269,000

    • 2 Beds
    • 2 Baths
    • 842 Sq Ft

    8623 Lorento St, Panama City, FL 32408

    This stylish beach home is located centrally in beautiful Panama City Beach. This home is located within five miles of many popular attractions, restaurants, beach bars, shopping, and a fitness gym. But, most importantly, it is less than 2.5 miles from our beautiful white, sandy beaches and gorgeous sunsets. This home comes fully furnished as shown; come and see today.

    J3/Jim Hodges Counts Real Estate Group Inc

    8623 Lorento St, Panama City, FL 32408
  • /59

    $498,000

    • 4 Beds
    • 2 Baths
    • 1,930 Sq Ft

    9020 Houston St, Panama City, FL 32408

    The Perfect Investment Opportunity! Duplexes like this, priced so attractively and located close to the beach, rarely come up for sale. This like-new 4Bed 2Bath duplex presents an incredible opportunity for first-time homebuyers and seasoned investors alike. Each unit features 2 spacious bedrooms and 1 bath, allowing you to live on one side while offsetting your mortgage with rental income from

    Mowayne Copeland Keller Williams Success Realty

    9020 Houston St, Panama City, FL 32408
  • /43

    $289,000

    • 3 Beds
    • 2.5 Baths
    • 1,532 Sq Ft

    1860 Annabellas Dr, Panama City Beach, FL 32407

    Great gated community located just minutes from the ''Worlds most beautiful beaches''. Located right off of Back Beach Rd, just West of the Hathaway bridge. Centrally located near Navy Base, schools and shopping at Pier Park. This resort like community amenities include a fitness center, community center and a wonderful pool. This unit backs up to a natural buffer. It has Granite countertops,

    Mike Rylee Beach Time Realty, Inc

    1860 Annabellas Dr, Panama City Beach, FL 32407
  • /23

    $720,000

    • 3 Beds
    • 2.5 Baths
    • 2,202 Sq Ft

    5833 N Lagoon Dr Unit A, Panama City, FL 32408

    Great opportunity to own a waterfront home on North Lagoon in Panama City Beach, FL! Priced well below similar properties in the area. 2300 sq ft (3 BRs, 2 full baths, 2 half baths). Bring your boat, jet ski and water toys, and enjoy life on the Lagoon! You can be in the Gulf of Mexico fishing in minutes or fish right off the dock. Catch blue crabs, catfish, red fish and baitfish off the dock.

    Steven Koleno Beycome of Florida LLC

    5833 N Lagoon Dr Unit A, Panama City, FL 32408
  • /20

    $308,000

    • 2 Beds
    • 2 Baths
    • 1,114 Sq Ft

    2803 Lagoon Knoll Unit A, Panama City, FL 32408

    Short Term Rentals Allowed, No HOA and Completely Remodeled. This bright and airy 2 bedroom 2 bath property comes fully furnished and is located only half a mile to the beach. Just a short walk or bike ride away. This property has plenty of parking and a great size yard. The interior has LVP flooring throughout, new sliding glass door, all stainless steel kitchen appliances, nothing is needed in

    Jessica Kittley World Impact Real Estate

    2803 Lagoon Knoll Unit A, Panama City, FL 32408
  • /15

    $749,500

    • 1,632 Sq Ft

    8005 Panama City Beach Pkwy, Panama City Beach, FL 32407

    Introducing a prime commercial property for sale on Panama City Beach Parkway, featuring over 120 feet of prime frontage in a vibrant and bustling area of Panama City Beach, FL. This strategically located parcel offers excellent visibility and accessibility, making it an ideal spot for a variety of business ventures.Property Highlights:Location: Nestled in a high-traffic area, this property

    Kim Johnson Think Real Estate

    8005 Panama City Beach Pkwy, Panama City Beach, FL 32407
  • /8

    $1,659,000 New Construction

    • 12 Beds
    • 12 Baths
    • 7,156 Sq Ft

    102 Grand Lagoon Shores Dr Unit 1-4, Upper Grand Lagoon, FL 32408

    UNDER CONSTRUCTION!WOW - 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach LocationCapitalize on a premier investment opportunity with this newly constructed four-unit property, ideally situated in the high-growth North Lagoon area of Panama City Beach. As the only new quadplex currently available, this property offers a significant competitive

    Tillery Johnson Top Producers Real Estate Ctr

    102 Grand Lagoon Shores Dr Unit 1-4, Upper Grand Lagoon, FL 32408
  • /26

    $560,000 New Construction

    • 6 Beds
    • 4 Baths
    • 2,212 Sq Ft

    8600 Houston St, Panama City, FL 32408

    CONSRUCTION COMPLETE!$10,000 Seller concessions towards Buyer's closing costs! If you seek exceptional quality, this builder delivers! Discover the true craftsmanship present throughout this brand-new duplex! It features not one, but TWO fantastic residences, each thoughtfully designed with three well-appointed bedrooms and two conveniently located bathrooms, demonstrating a commitment to detail.

    Kat Tomlinson Top Producers Real Estate Ctr

    8600 Houston St, Panama City, FL 32408
  • /50

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 1,825 Sq Ft

    6212 N Lagoon Dr, Panama City, FL 32408

    Beautiful Home on North Lagoon overlooking North Lagoon. Only minutes away from the Panama City Beach, the World's Most Beautiful Beaches! As you step in, you'll immediately notice the open floor plan with a large living room, heighten ceilings giving it an open, airy feel downstairs, and tile throughout. The roominess of this townhome speaks for itself. Entertain guests and family in the

    Michael Furney Real Estate Investment Service

    6212 N Lagoon Dr, Panama City, FL 32408

Why Live in Upper Grand Lagoon

Upper Grand Lagoon in Panama City Beach is a vibrant, residential neighborhood known for its local charm and culinary scene. The area boasts the largest collection of independently owned restaurants in the region, with hotspots like Christo's Sports Bar & Grill, J. Michaels Restaurant, and Dat Cajun Place Cafe drawing both locals and tourists. For upscale dining, Capt. Anderson's Restaurant & Waterfront Market and The Grand Marlin on North Lagoon Drive are popular choices. The neighborhood is also home to the Annual Grand Lagoon Bloody Mary & Music Festival and the Grand Lagoon Waterfront Farmers Market, adding to the list of things to do. Residential streets around Thomas Drive feature single-family homes, many with traditional Craftsman and Mediterranean styles, and waterfront properties in gated communities like Bay Point. The area is quieter and more residential compared to the bustling beachside neighborhoods. St. Andrews State Park, less than 10 miles away, offers 1,200 acres of outdoor activities, including fishing, bird watching, and surfing. Boating enthusiasts can enjoy the lagoon and bay, with numerous charters available for fishing trips. Upper Grand Lagoon is served by the highly rated Bay District Schools, including Patronis Elementary, Surfside Middle, and J.R. Arnold High, all known for their strong academic and extracurricular programs. The neighborhood's safety is comparable to the national average, making it a practical choice for families. Convenient transportation options include Thomas Drive and North Lagoon Drive, which connect to major routes and the Bayway bus service.

Home Trends in Upper Grand Lagoon, FL

Housing Trends

Median Sale Price
$399,900
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$320,400
Median 2 Bedroom Sale Price
$328,000
Median 1 Bedroom Sale Price
$239,950
Average Price Per Sq Ft
$268
Number of Homes for Sale
270
Last 12 months Home Sales
371
Months of Supply
8.70
Median List Price
$439,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
4%
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