414

Upper Grand Lagoon, FL Homes for Sale

Section Image Section Image Section Image
  • /68

    $624,000

    • 3 Beds
    • 2.5 Baths
    • 1,608 Sq Ft

    4113 Cobalt Cir Unit P072, Panama City Beach, FL 32408

    *SELLER OFFERING $5000 IN CONCESSIONS FOR FLOORING/PAINT/CLOSING COSTS WITH ACCEPTED OFFER* Welcome to Waterhaven, one of Panama City Beach's most sought-after gated waterfront communities on beautiful St. Andrews Bay. This exclusive non-rental community offers a peaceful coastal lifestyle with resort-style amenities, breathtaking bay views, and convenient access to beaches, boating, dining, and

    Agent Photo

    Tina Gates

    Anchor Realty Florida

    4113 Cobalt Cir Unit P072, Panama City Beach, FL 32408
  • /30

    $699,900

    $5K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,255 Sq Ft

    3541 Sanctuary Dr, Panama City, FL 32408

    Stunning 2-story home in Sanctuary Beach gated community in Panama City! Short-term rentals OK. Built 2021 with 4BR/2.5 BA, 2,255 sq. ft. Minutes from world-class beaches at St. Andrews Park, Nicklaus-designed golf course, tennis & marinas blocks away, and steps to the community pool. This Craftsman-style gem backs up to a greenspace & features hardwood floors throughout, 10-ft. ceilings/8 ft.

    Agent Photo

    George Dusoe

    Millenia Realty of Florida

    3541 Sanctuary Dr, Panama City, FL 32408
  • /41

    $239,900

    $50K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,090 Sq Ft

    2603 Beech St, Panama City, FL 32408

    Beautifully updated and move in ready home featuring fresh, modern finishes throughout. Durable luxury vinyl plank flooring flows seamlessly through the living area and bedrooms, complemented by neutral paint tones and crisp white trim.The open living and dining area offer excellent natural light and flexible space for everyday living and entertaining. The kitchen features wood cabinets and

    Agent Photo

    Donna Stokes

    Top Producers Real Estate Group

    2603 Beech St, Panama City, FL 32408
  • /53

    $349,000

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

    2602 Mystic Ln Unit PO31, Panama City Beach, FL 32408

    PRICED TO SELL! BRING AN OFFER! Waterfront community located directly on St. Andrews Bay. Waterhaven is a gated, non-rental community unlike any other. Convenient,FIRST FLOOR condo is furnished and move-in ready. The beautiful, formal entry leads to this 2 bedroom, 2 bath condo. The open-concept living/dining area leads to a high-end kitchen including a Viking gas range, stainless steel

    Agent Photo

    Tina Gates

    Anchor Realty Florida

    2602 Mystic Ln Unit PO31, Panama City Beach, FL 32408
  • /56

    $219,000

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft

    4726 Bay Point Rd Unit E245, Panama City Beach, FL 32408

    Owner Financing available with 30% Down; 4% interest Rate, amortized over 30 years with a 3 or 5 year balloon. Newly renovated 2nd floor Condo in the gated community of Bay Point Harbour Villas. Spacious 900 square foot home with one bedroom/one bath plus and enclosed porch area you can use as an office or extra living space that overlooks the Golf Course. Luxury Vinyl Plank flooring throughout

    Agent Photo

    Justin Myers

    EXP Realty LLC

    4726 Bay Point Rd Unit E245, Panama City Beach, FL 32408
  • /52

    $350,000

    • 3 Beds
    • 3 Baths
    • 1,485 Sq Ft

    2400 Grandiflora Blvd Unit E407, Panama City Beach, FL 32408

    Wake up each morning to peaceful bay views and end your evenings watching spectacular sunsets paint the sky over the water. Welcome to Unit E407 at Magnolia Bay Club, where resort-style living meets the laid-back coastal lifestyle that makes Panama City Beach so special.This beautifully appointed, fully furnished three-bedroom, three-bath residence is designed for effortless living, whether

    Agent Photo

    Amanda Charlesworth

    Keller Williams Success Realty

    2400 Grandiflora Blvd Unit E407, Panama City Beach, FL 32408
  • /63

    $199,500

    $13K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 1,071 Sq Ft

    8700 Front Beach Rd Unit 1105, Panama City Beach, FL 32407

    Affordable luxury meets everyday vacation living at Island Reserve--without the constant rotation of tourists as neighbors. This highly sought-after residential community is loved for its peaceful atmosphere, resort-style amenities, and true neighborhood feel. Residents enjoy a vibrant Social Club with community events, a spectacular one-acre lagoon-style pool with two waterfalls, indoor

    Agent Photo

    Amanda Cialoni

    Seashore Realty LLC

    8700 Front Beach Rd Unit 1105, Panama City Beach, FL 32407
  • /55

    $450,000

    $25K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,316 Sq Ft

    209 Boca Shores Dr, Panama City, FL 32408

    Spacious Two-Story Home with Vaulted Ceilings & Flexible Living Areas This well-designed two-story home offers generous living space, vaulted ceilings, and multiple flexible areas to suit a variety of needs. The welcoming living room features soaring ceilings, abundant natural light, and an open staircase that adds architectural interest.The kitchen includes ample cabinetry, a pantry closet,

    Agent Photo

    Donna Stokes

    Top Producers Real Estate Group

    209 Boca Shores Dr, Panama City, FL 32408
  • /47

    $549,000

    Open House 8/16
    • 3 Beds
    • 2 Baths
    • 2,078 Sq Ft

    169 Grand Lagoon Shores Dr, Panama City, FL 32408

    Back on the market with no fault of the sellers! Inspections have been completed and show the home is in great shape. Move right into this beautifully renovated 2,078-square-foot, 3-bedroom, 2-bathroom pool home that's truly like new! Located at the end of a quiet cul-de-sac in the highly sought-after Grand Lagoon Shores neighborhood, you can enjoy added privacy with no through traffic, plus the

    Agent Photo

    Amanda Cialoni

    Seashore Realty LLC

    169 Grand Lagoon Shores Dr, Panama City, FL 32408
  • /41

    $246,900

    $40K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 979 Sq Ft

    1219 Thomas Dr Unit 25, Panama City Beach, FL 32408

    MAJOR PRICE REDUCTION for this great LOCATION right across from the back pool. And did I mention GORGEOUS? Just renovated and beautiful. All new kitchen, possibly the largest in Emerald Pointe. New cabinets, new frig, other appliances like new: double oven, dishwasher & microwave; all SS. New flooring throughout. Tongue and groove pine on the ceiling. Shiplap in LR and Guest Bedroom. Large

    Agent Photo

    Lynn Yarbrough

    Keller Williams Success Realty

    1219 Thomas Dr Unit 25, Panama City Beach, FL 32408
  • /47

    $290,000

    • 2 Beds
    • 2.5 Baths
    • 1,325 Sq Ft

    8700 Front Beach Rd Unit 1302, Panama City Beach, FL 32407

    Welcome to Unit 1302 at Island Reserve, a beautifully updated courtyard facing end unit in this gated, resort-style community in the heart of Panama City Beach. Perfectly positioned on the third floor, this 2 bedroom, 2.5 bath condo offers one of the most desirable views in the community, overlooking the lush, landscaped courtyard known for its peaceful, private setting. As an end unit located

    Agent Photo

    Kerri Tomasicyk

    Watersound Real Estate

    8700 Front Beach Rd Unit 1302, Panama City Beach, FL 32407
  • /59

    $355,000

    $14K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,322 Sq Ft

    2605 Mystic Ln Unit PO21, Panama City Beach, FL 32408

    Water front community located directly on St. Andrews Bay. Waterhaven is a gated, non-rental community unlike any other. The beautiful, formal entry leads to this first floor, 2 bedrooms, 2 bath condo. This open-concept living/dining area leads to a high-end kitchen including a Sub-Zero refrigerator, Viking 6 burner gas range, Bosch dishwasher, ice maker and wine chiller at the wet bar. Water

    Agent Photo

    Tina Gates

    Anchor Realty Florida

    2605 Mystic Ln Unit PO21, Panama City Beach, FL 32408
  • /40

    $189,000

    $56K 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

    8730 Thomas Dr Unit 1201B, Panama City Beach, FL 32408
  • /7

    $350,000

    $175K PRICE DROP
    • Land
    • 26,571 Sq Ft
    • $573,770 per Acre

    0 Diana Ct, Upper Grand Lagoon, FL 32408

    This oversized approximately 0.56-acre homesite on Diana Court is a rare opportunity in Panama City Beach. The property offers over 165 feet of frontage overlooking the Nicklaus golf course, providing expansive views and a spacious setting that is increasingly difficult to find in this area. Located just outside Bay Point, this lot allows for flexibility in design and use while still being

    Agent Photo

    Justin Cater

    EXP Realty LLC

    0 Diana Ct, Upper Grand Lagoon, FL 32408
  • /50

    $215,000

    • 1 Bed
    • 1 Bath
    • 1,071 Sq Ft

    8700 Front Beach Rd Unit 3308, Panama City Beach, FL 32407

    ASSUMABLE VA LOAN AT 3.5%! Cut your monthly payment in half. Buyers can assume the existing $150k balance at a historic 3.5% interest rate. Welcome to Island Reserve and this fully equipped 1-bedroom, 1-bath condo, with 1,071 square feet of living space, offering a remarkably spacious, upscale, resort-style living experience. Overlooking the beautiful courtyard, this well-maintained condo

    Agent Photo

    Ron Rago

    Beachy Beach Real Estate

    8700 Front Beach Rd Unit 3308, Panama City Beach, FL 32407
  • /69

    $539,900

    $19K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,916 Sq Ft

    6422 W Highway 98 Unit 1006, Panama City Beach, FL 32407

    MOTIVATED SELLER -BRING OFFERS! Experience elevated coastal living in this exquisite 3-bedroom, 3-bathroom Bayfront residence offering breathtaking panoramic views of St. Andrews Bay. Thoughtfully designed to capture the beauty of the water from nearly every vantage point, this exceptional condo features an expansive private balcony--an ideal setting for entertaining, relaxing with a glass of

    Agent Photo

    Scott Seidler

    Keller Williams Success Realty

    6422 W Highway 98 Unit 1006, Panama City Beach, FL 32407
  • /33

    $210,000

    • Land
    • 10,018 Sq Ft
    • $913,043 per Acre

    5224 Kingston Cir, Panama City, FL 32408

    Two affordable lakefront residential lots, low HOA that Seller prefers to sell together for one large homesite. Discover secluded luxury living at Martinique in Panama City Beach, Florida. This exclusive enclave, renowned for its coastal charm and tranquil woodlands, offers a serene retreat that will rejuvenate your spirit. Embrace the essence of Mother Nature and Old Florida architecture in this

    Agent Photo

    Kirsten McAndrew

    Counts Real Estate Group Inc

    5224 Kingston Cir, Panama City, FL 32408
  • /33

    $210,000

    • Land
    • 10,018 Sq Ft
    • $913,043 per Acre

    5224 Kingston Cir, Panama City, FL 32408

    Two affordable lakefront residential lots, low HOA that Seller prefers to sell together for one large homesite. Discover secluded luxury living at Martinique in Panama City Beach, Florida. This exclusive enclave, renowned for its coastal charm and tranquil woodlands, offers a serene retreat that will rejuvenate your spirit. Embrace the essence of Mother Nature and Old Florida architecture in this

    Agent Photo

    Kirsten McAndrew

    Counts Real Estate Group Inc

    5224 Kingston Cir, Panama City, FL 32408
  • /52

    $585,000

    $104K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,099 Sq Ft

    147 Palm Grove Blvd, Panama City, FL 32408

    $65k PRICE REDUCTION with motivated seller, makes this beautifully maintained Palm Bay home an exceptional value. Featuring four bedrooms and four full bathrooms, this spacious residence offers a versatile layout with a formal living room, separate den, and two fireplaces designed for comfortable everyday living and entertaining. Brand-new LVP flooring has been recently installed in the dining,

    Agent Photo

    Trina Causley

    Coldwell Banker Realty

    147 Palm Grove Blvd, Panama City, FL 32408
  • /12

    $239,900

    • 1 Bed
    • 1 Bath
    • 580 Sq Ft

    6909 N Lagoon Dr Unit B3, Panama City, FL 32408

    MOTIVATED SELLER! BRING ALL OFFERS!!! Make every day feel like a getaway in this charming first-floor condo! Designed with an open-concept layout, this cozy home offers effortless comfort and flow. Step out onto your private balcony to enjoy spectacular lagoon sunsets. Whether you're fishing, watching dolphins play, or heading to the Gulf (with easy water access) this is true coastal living. Call

    Agent Photo

    Frank Trenholm

    Coldwell Banker Realty

    6909 N Lagoon Dr Unit B3, Panama City, FL 32408
  • /46

    $625,000

    • 3 Beds
    • 2.5 Baths
    • 2,357 Sq Ft

    2338 Pelican Bay Ct, Panama City Beach, FL 32408

    WATERFRONT TOWNHOME ON ST ANDREWS BAY! Paradise awaits at Pelican Bay where bayfront living meets comfort, space, and stunning views. This beautifully maintained 3 bedroom, 2.5 bath townhome offers spacious living designed to capture the beauty of St Andrews Bay. Step inside to a welcoming entry and open concept living and dining area, perfect for entertaining or relaxing after a day on the

    Agent Photo

    Tina Gates

    Anchor Realty Florida

    2338 Pelican Bay Ct, Panama City Beach, FL 32408
  • /45

    $499,000

    $70K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,346 Sq Ft

    7410 Kingman St, Panama City, FL 32408

    BEST DEAL ON THE BEACH!! PRICE REDUCTION, MOTIVATED SELLER AND RARE FIND--over an acre in the heart of Panama City Beach, just minutes from our beautiful beaches, local restaurants, boat ramps, the state park, top-rated schools, and the Navy Base--yet offering the privacy and peaceful feel of country living. Truly the best of both worlds. This spacious 4-bedroom, 3-bath home features a vaulted,

    Agent Photo

    Trina Causley

    Coldwell Banker Realty

    7410 Kingman St, Panama City, FL 32408
  • /47

    $755,000

    $75K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 2,000 Sq Ft

    425 Bay Shore Dr Unit 11, Panama City Beach, FL 32407

    Welcome to 425 Bay Shore Drive, Unit 11, a remarkable waterfront residence in the heart of Panama City Beach, Florida. This exceptional property offers a rare opportunity to own a bayfront home with direct access to the serene waters of the bay, complete with a marina and an assigned private boat slip. Spanning 2,000 square feet, this residence combines spacious living with the tranquility of

    Agent Photo

    Tanya Childs

    Corcoran Reverie

    425 Bay Shore Dr Unit 11, Panama City Beach, FL 32407
  • /35

    $565,000

    $34K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,397 Sq Ft

    230 Boca Shores Dr, Panama City, FL 32408

    **NEW PRICE** This close-to-the-beach gem sits on a fenced quarter-acre corner lot, just 5 minutes from the public beach, an easy drive to St. Andrews State Park, and 7 minutes to the grocery store. We had a pool design professionally rendered for this corner lot so you can picture a poolside oasis... If a pool isn't your speed, there's already an air conditioned workshop ready for your tools, a

    Agent Photo

    Stephanie Richardson

    EXP Realty LLC

    230 Boca Shores Dr, Panama City, FL 32408
  • /91

    $910,000

    • 4 Beds
    • 4.5 Baths
    • 2,914 Sq Ft

    5301 Hopetown Ln, Panama City, FL 32408

    Panama City Beach is booming, making this a prime time to own in one of the area's most desirable gated communities. Located in Martinique on the coveted east end, this custom-built 4-bedroom, 5-bath coastal home is just minutes from the sugar-white sands and emerald waters of the Gulf. Inside, you'll find an open-concept design with 10' ceilings, crown molding, a gourmet kitchen with granite

    Agent Photo

    Cheramie Reeder

    LPT Realty LLC

    5301 Hopetown Ln, Panama City, FL 32408
  • /19

    $440,000

    $185K PRICE DROP
    • Land
    • 41,817 Sq Ft
    • $458,333 per Acre

    2204 Thomas Dr, Panama City, FL 32408

    . Prime Commercial Opportunity in the Heart of Panama City Beach, Florida! Located at 2204 Thomas Drive, this highly desirable property boasts a strategic location with a high traffic count, offering maximum visibility and exposure for any business venture. Situated amidst bustling activity, this parcel is zoned C-3, making it versatile for various commercial purposes. With the scarcity of vacant

    Agent Photo

    Justin Cater

    EXP Realty LLC

    2204 Thomas Dr, Panama City, FL 32408
  • /9

    $459,900

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,771 Sq Ft

    3551 Sanctuary Dr, Panama City Beach, FL 32408

    Welcome to 3551 Cottage Cove Lane at Sanctuary Beach in Panama City Beach, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property backs up to a wooded preserve and will be developed with the Norfolk floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes

    Builder Photo

    D.R. Horton

    Builder

    3551 Sanctuary Dr, Panama City Beach, FL 32408
  • /18

    $107,500

    $3K PRICE DROP
    • Land
    • 3,920 Sq Ft
    • $1,194,444 per Acre

    3516 Cottage Cove Ln, Upper Grand Lagoon, FL 32408

    This premier lot in Sanctuary Beach measures approximately 40' x 101'. This gated neighborhood is ideally located for privacy, yet close to every imaginable amenity! Low association dues and a community pool are a few of the perks for your enjoyment. Adjacent to Bay Point's incredible offerings of golf, tennis, spa, restaurants, hotel and the new Point South Marina Bay Point. This lot offers

    Agent Photo

    Chris Charles

    The Premier Property Group

    3516 Cottage Cove Ln, Upper Grand Lagoon, FL 32408
  • /35

    $331,912

    • 3 Beds
    • 2 Baths
    • 2,108 Sq Ft

    3625 E Ohenry Dr, Panama City, FL 32408

    Here's a house with real room to stretch out and a whole lot of possibility baked right in. Sitting on a quarter-acre lot near the east end of Panama City Beach, this three-bedroom, three-bath home gives you 2,108 square feet to reimagine however you like. The layout is a fun one. Downstairs you've got the main living room, and upstairs a Florida room adds a bright spot to catch some sun or curl

    Agent Photo

    MaryAnn Enfinger

    Overstreet Realty

    3625 E Ohenry Dr, Panama City, FL 32408
  • /8

    $459,900

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,771 Sq Ft

    3547 Sanctuary Dr, Panama City, FL 32408

    Welcome to 3547 Cottage Cove Lane at Sanctuary Beach in Panama City Beach, Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property backs up to a wooded preserve and will be developed with the Norfolk floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes

    Builder Photo

    D.R. Horton

    Builder

    3547 Sanctuary Dr, Panama City, FL 32408
  • /5

    $65,000

    $5K PRICE DROP
    • Land
    • 2,613 Sq Ft
    • $1,083,333 per Acre

    3918 Bungalow Ln, Upper Grand Lagoon, FL 32408

    Prime Residential Vacant Lot in Sanctuary Beach ready for your new custom dream house! Gated subdivision, not in a flood zone (Flood Zone X), half a block from the community pool, and in the most beautiful neighborhood in Bay County! Located in an exclusive gated community, Sanctuary Beach, and perfectly positioned beside the 12th hole of the prestigious Bay Point Golf Course, this rare

    Agent Photo

    Laurie McKay

    Coastal Living Realty & Associates

    3918 Bungalow Ln, Upper Grand Lagoon, FL 32408
  • /2

    $395,000

    • Land
    • 37,026 Sq Ft
    • $464,706 per Acre

    00 Hinson Ave, P C Beach, FL 32408

    Prime commercial development opportunity in the heart of Panama City Beach. This approximately 0.85-acre commercially zoned parcel on Hinson Ave offers excellent investment potential just off Front Beach Rd near the Thomas Dr intersection. Positioned in a high-growth area surrounded by residential communities, vacation rentals, hotels, restaurants, and strong tourist traffic, the property is

    Agent Photo

    Frank Trenholm

    Coldwell Banker Realty

    00 Hinson Ave, P C Beach, FL 32408
  • /9

    $469,900

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,846 Sq Ft

    3564 Sanctuary Dr, Panama City Beach, FL 32408

    Welcome to 3564 Sanctuary Drive in Sanctuary Beach in Panama City Beach Florida. This pre-construction homesite offers the opportunity to secure new construction prior to groundbreaking. This property will be developed with the Monroe floorplan and built to current design standards and specifications. Buyers may have the ability to personalize select finishes depending on the stage of

    Builder Photo

    D.R. Horton

    Builder

    3564 Sanctuary Dr, Panama City Beach, FL 32408
  • /16

    $145,000

    $29K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 552 Sq Ft

    2408 Dorothy Ave Unit A, Panama City Beach, FL 32408

    Zoned R-2 (BC) This property holds so much potential. Cute little mobile home holds a little charm quintessential of Key West style. Property includes a storage unit in the backyard. A large deck on the front of the home. Could be a great rental property long term or short term. Or maybe you might want to build two townhomes or a duplex and live in one while you rent out the other. There are 3

    Agent Photo

    Tammy Elmore Snow

    RC Real Estate Group

    2408 Dorothy Ave Unit A, Panama City Beach, FL 32408
  • /27

    $75,000

    • Land
    • 5,227 Sq Ft
    • $625,000 per Acre

    7024 Sunrise Dr, Panama City Beach, FL 32407

    Affordable coastal living in Panama City Beach! Why break the bank when you can enjoy the Gulf Coast lifestyle at a fraction of the cost? This vacant lot in Bayside Park allows mobile homes and offers a great opportunity for a weekend getaway, primary residence, or short- or long-term rental property. Boating and fishing enthusiasts will love being near Bayside Marina, a newly renovated

    Agent Photo

    Amanda Cialoni

    Seashore Realty LLC

    7024 Sunrise Dr, Panama City Beach, FL 32407
  • /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

    Agent Photo

    Robert Weil

    Engel & Voelkers 30A Beaches

    8730 Thomas Dr Unit 409, Panama City, FL 32408
  • /39

    $425,000

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

    8730 Thomas Dr Unit 409, Panama City Beach, 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

    Kiley Niles

    Engel & Voelkers 30A Beaches

    8730 Thomas Dr Unit 409, Panama City Beach, FL 32408
  • /57

    $329,000

    $9K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,062 Sq Ft

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

    NEW PRICE, 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 open-concept living and dining area is perfect

    Agent Photo

    Jennifer Bond

    Compass Florida, LLC

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
  • /56

    $639,999

    $55K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,019 Sq Ft

    2711 Lagoon Manor Dr, Panama City Beach, FL 32408

    Stunning Coastal Retreat Steps from Golf & Beach in PCB!Welcome to your ultimate Panama City Beach escape! This exceptional 4-bedroom, 4-bathroom residence, spanning 3019 square feet, offers a perfect blend of modern elegance and an unbeatable location. Enjoy easy access, just moments from the pristine Panama City Beach sands and a premier golf course. This is ideal for those seeking a

    Agent Photo

    Tanya Childs

    Corcoran Reverie

    2711 Lagoon Manor Dr, Panama City Beach, 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

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408

Showing Results 1 - 40, Page 1 of 11

Why Live in Upper Grand Lagoon

Upper Grand Lagoon, FL, is a vibrant community known for its extensive selection of independently owned restaurants, particularly along Thomas Drive. This area boasts a variety of dining options, including fresh seafood at local favorites like Christo's Sports Bar & Grill and upscale establishments such as Capt. Anderson's Restaurant & Waterfront Market. The Annual Grand Lagoon Bloody Mary & Music Festival in November is a notable event, featuring live music and a competition for the best Bloody Mary. Residents enjoy the Grand Lagoon Waterfront Farmers Market for fresh produce on weekends. The community is characterized by single-family homes, many with traditional Craftsman and Mediterranean styles, and waterfront properties in gated communities like Bay Point. Upper Grand Lagoon offers numerous things to do, including outdoor activities at St. Andrews State Park, which is less than 10 miles away and popular for fishing, bird watching, and surfing. Boating is a common pastime, with charters available at Capt. Anderson's Marina. The area is well-connected via Thomas Drive and North Lagoon Drive, providing access to U.S. Route 98 and the Bayway bus service. Bay District Schools serve the community, with highly rated institutions such as Patronis Elementary, Surfside Middle, and J.R. Arnold High offering strong academic programs and extracurricular activities.

Frequently Asked Questions

What is the average home price in Upper Grand Lagoon, FL?
Homes for sale in Upper Grand Lagoon, FL have an average home price of $622,653.
How many homes have sold over the last 12 months in Upper Grand Lagoon, FL?
6 homes have sold in Upper Grand Lagoon, FL over the last 12 months.
What are the most popular zip codes in Upper Grand Lagoon, FL?
The most popular zip codes in Upper Grand Lagoon, FL include 32408, 32407, 32401, 32405 and 32413.
How much do you need to make to afford a house in Upper Grand Lagoon?
The median home price in Upper Grand Lagoon is $489,900. If you put a 20% down payment of $98,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $2,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Upper Grand Lagoon. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Upper Grand Lagoon, FL?
Upper Grand Lagoon, FL has highly rated public and private schools. Some of the best schools in Upper Grand Lagoon based on Niche Grades are Patronis Elementary School, Breakfast Point Academy and Surfside Middle School. Browse all the schools in Upper Grand Lagoon, FL to learn more.

Home Price Trends

Median Sale Price
$511,000
Median Single Family Sale Price
$448,450
Median Townhouse Sale Price
$1,497,868
Median 2 Bedroom Sale Price
$207,500
Average Price Per Sq Ft
$255
Number of Homes for Sale
7
Last 12 months Home Sales
6
Months of Supply
14.00
Median List Price
$489,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home