Upper Grand Lagoon, FL Homes for Sale

/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.

George Dusoe

Millenia Realty of Florida

(448) 218-0972

3541 Sanctuary Dr, Panama City, FL 32408
Explore Upper Grand Lagoon
/41
$264,900

$25K 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

Donna Stokes

Top Producers Real Estate Group

(448) 256-3318

2603 Beech St, Panama City, FL 32408
/59
$699,900
- 3 Beds
- 2.5 Baths
- 2,357 Sq Ft
2328 Pelican Bay Ct, Panama City Beach, FL 32408

Welcome to your dream waterfront retreat in the Pelican Bay community on St. Andrews Bay!This stunning townhome features 3 spacious bedrooms and 2.5 bathrooms, offering a generous 2,357 square feet of luxurious living space. The open-concept layout is bathed in natural light, with 9 ft ceilings and large windows framing breathtaking views of the bay. Stylish shiplap and board and batten

Tina Gates

Anchor Realty Florida

(448) 217-2721

2328 Pelican Bay Ct, Panama City Beach, FL 32408
/43
$1,049,000

$26K PRICE DROP
- 2 Beds
- 2 Baths
- 1,708 Sq Ft
6303 Palm Ct, Panama City, FL 32408

Welcome to 6303 Palm Court, Panama City Beach, FL 32408, a spacious 2-bedroom, 2-bath home located in the highly desirable Grand Lagoon area just minutes from St. Andrews State Park, public boat ramps, marinas, waterfront restaurants, and the white sand beaches of the Gulf Coast. Built in 1994 and offering approximately 1,708 square feet of living space, this well-maintained Panama City Beach

Frank Trenholm

Coldwell Banker Realty

(448) 218-0542

6303 Palm Ct, Panama City, FL 32408
/62
$212,900
- 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

Amanda Cialoni

Seashore Realty LLC

(448) 217-3014

8700 Front Beach Rd Unit 1105, Panama City Beach, FL 32407
/55
$474,900
- 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,

Donna Stokes

Top Producers Real Estate Group

(448) 218-0215

209 Boca Shores Dr, Panama City, FL 32408
/54
$321,000

$4K PRICE DROP
- 1 Bed
- 1.5 Baths
- 1,200 Sq Ft
9042 Abba Ln, Panama City Beach, FL 32407

BONUS ROOM adds to your comfort.Just minutes from the beach, this beautifully maintained home offers the perfect blend of coastal charm and investment potential. Enjoy a beautiful private pool with a large deck and plenty of seating, perfect for relaxing after a day at the beach, all with no HOA and short-term rentals allowed.Inside, you'll find gorgeous upgrades throughout, including

Tracye Crass

Beach Haven Realty

(448) 400-4694

9042 Abba Ln, Panama City Beach, FL 32407
/59
$359,000

$10K PRICE DROP
- 2 Beds
- 2 Baths
- 1,322 Sq Ft
2605 Mystic Ln Unit PO21, Panama City, 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

Tina Gates

Anchor Realty Florida

(448) 994-3824

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

Samantha Tuno Holden

Sunspot Realty, LLC

(448) 202-5401

8730 Thomas Dr Unit 1201B, 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

Tanya Childs

Corcoran Reverie

(448) 202-7057

2711 Lagoon Manor Dr, Panama City Beach, FL 32408
/41
$269,900

$17K PRICE DROP
- 2 Beds
- 2 Baths
- 979 Sq Ft
1219 Thomas Dr Unit 25, Panama City Beach, FL 32408

$5K 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 master.

Lynn Yarbrough

Keller Williams Success Realty

(850) 605-8765

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

Kerri Tomasicyk

Watersound Real Estate

(448) 877-0292

8700 Front Beach Rd Unit 1302, Panama City Beach, FL 32407
/41
$339,500
- 3 Beds
- 2 Baths
- 1,443 Sq Ft
458 Wahoo Rd, Panama City Beach, FL 32408

Welcome to 458 Wahoo Road, a rare opportunity to own in the highly sought-after Bay Point community, one of Panama City Beach's premier gated neighborhoods. Competitively priced and ideally located on the desirable east end of Panama City Beach, this home offers the perfect blend of security, lifestyle, and convenience. Situated within a 24-hour gated community, Bay Point is renowned for its

Sara Violette

EXP Realty LLC

(448) 233-4461

458 Wahoo Rd, Panama City Beach, FL 32408
/6
$395,000

$5K PRICE DROP
- Land
- 17,424 Sq Ft
- $987,500 per Acre
2031 Wilkinson Ave, Panama City Beach, FL 32408

Prime Commercial opportunity in a highly desirable Panama City Beach location! This 0.396 acre lot is completely cleared and ready for development, with a County C-2 Plaza zoning that allows for a variety of business opportunities. Positioned in a great location, perfect for your next investment or business venture.

MaryAnn Enfinger

Overstreet Realty

(448) 327-5966

2031 Wilkinson Ave, Panama City Beach, FL 32408
/39
$239,999

$20K PRICE DROP
- 1 Bed
- 1 Bath
- 705 Sq Ft
6903 N Lagoon 38 Dr Unit 38, Panama City Beach, FL 32408

Discover the charm of this beautifully updated 1-bedroom, 1-bathroom condo at 6903 N Lagoon Drive #38, nestled in the tranquil Grand Lagoon Cove community of Panama City Beach. Boasting 705 sq. ft. of thoughtfully designed living space, this unit offers a serene retreat with picturesque views of the Grand Lagoon. Step inside to find a fully renovated interior featuring modern finishes and an open

Chris Allen

Real Broker LLC

(850) 738-1386

6903 N Lagoon 38 Dr Unit 38, Panama City Beach, FL 32408
/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

Scott Seidler

Keller Williams Success Realty

(448) 231-7727

6422 W Highway 98 Unit 1006, Panama City Beach, FL 32407
/63
$624,000
- 3 Beds
- 2.5 Baths
- 1,608 Sq Ft
4113 Cobalt Cir Unit P072, Panama City, FL 32408

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 entertainment. This spacious 3-bedroom, 2.5-bath waterfront residence offers approximately

Tina Gates

Anchor Realty Florida

(448) 231-5694

4113 Cobalt Cir Unit P072, 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

Kirsten McAndrew

Counts Real Estate Group Inc

(448) 231-1742

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

Kirsten McAndrew

Counts Real Estate Group Inc

(448) 231-8123

5224 Kingston Cir, Panama City, FL 32408
/52
$585,000

Open Sun 11AM - 2PM $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,

Trina Causley

Coldwell Banker Realty

(448) 288-6473

147 Palm Grove Blvd, Panama City, FL 32408
/47
$229,000

$10K PRICE DROP
- 3 Beds
- 2.5 Baths
- 1,545 Sq Ft
1604 Annabellas Way, Panama City Beach, FL 32407

Welcome to your new home in the Annabellas community! This two-story townhome offers 3 bedrooms, 2.5 bathrooms, and a host of desirable features and amenities. Enjoy the convenience of a 1-car garage and modern appliances, including a stove/oven, refrigerator, and dishwasher. Laundry is made easy with washer and dryer hookups. Key Features:- Spacious Living: A large walk-in closet in the

Britt Matthews

Beachy Beach Real Estate

(448) 230-7782

1604 Annabellas Way, Panama City Beach, FL 32407
/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

Tina Gates

Anchor Realty Florida

(448) 428-5951

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,

Trina Causley

Coldwell Banker Realty

(448) 288-6110

7410 Kingman St, Panama City, FL 32408
/56
$224,000
- 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

Justin Myers

EXP Realty LLC

(448) 200-5551

4726 Bay Point Rd Unit E245, Panama City Beach, FL 32408
/10
$110,000
- Land
- 8,276 Sq Ft
- $578,947 per Acre
2408 Dorothy Ave Unit B, Panama City Beach, FL 32408

This investment collection is part of 3 lots that can be purchased individually or all together. This one is Parcel ID's 27779-020-010. The existing mobile home is occupied. Potential remodeling could add value to the mobile home and property. The property is zoned R-2(BC) which permits two townhomes to be built or a duplex. Buyer can purchase one property or all three at one time. Each property

Tammy Elmore Snow

RC Real Estate Group

(448) 327-4036

2408 Dorothy Ave Unit B, Panama City Beach, 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

Tanya Childs

Corcoran Reverie

(448) 334-6174

425 Bay Shore Dr Unit 11, Panama City Beach, FL 32407
/55
$599,000
- 4 Beds
- 2.5 Baths
- 2,397 Sq Ft
230 Boca Shores Dr, Panama City, FL 32408

Bring Your Boat, Skip the HOA, Still Minutes to the Beach Corner-lot home with space for your boat or RV, multiple outdoor living areas, and no HOA restrictions holding you back.Just minutes from the beach, dining, and daily essentials, this 4-bedroom layout gives you room to live, host, and store what matters.Inside, 10-foot ceilings and wood flooring create an immediate sense of

Stephanie Richardson

EXP Realty LLC

(448) 218-0453

230 Boca Shores Dr, Panama City, FL 32408
/2
$95,000
- Land
- 8,276 Sq Ft
- $500,000 per Acre
2412 Dorothy Ave Unit B, P C Beach, FL 32408

This investment collection is part of 3 lots that can be purchased individually or all together. This one is Parcel ID's 27779-015-000. The mobile home is presently occupied. The property is zoned R-2(BC) which permits two townhomes to be built or a duplex. Buyer can purchase one property or all three at one time. Each property has it's own septic and sewer is available nearby. A power pole is

Tammy Elmore Snow

RC Real Estate Group

(448) 994-3229

2412 Dorothy Ave Unit B, P C Beach, 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

D.R. Horton

Builder

3551 Sanctuary Dr, Panama City Beach, FL 32408
/50
$595,000

$60K PRICE DROP
- 4 Beds
- 2 Baths
- 2,475 Sq Ft
3522 Fox Run Blvd, Panama City, FL 32408

Home is located in the Preserve on the Bay, a gated neighborhood that is very quiet and well-maintained, with a well established HOA. This home is a perfect fit for the couple looking to retire or a young couple starting their family. Flooring is a combination of tile and plank flooring for easy maintenance and cleaning. Open floor plan, which is perfect for entertaining guests while keeping the

Frank Trenholm

Coldwell Banker Realty

(448) 230-3185

3522 Fox Run Blvd, Panama City, 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

Chris Charles

The Premier Property Group

(448) 333-2283

3516 Cottage Cove Ln, Upper Grand Lagoon, 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

D.R. Horton

Builder

3547 Sanctuary Dr, Panama City, FL 32408
/17
$315,000
- Land
- 22,215 Sq Ft
- $617,647 per Acre
2408-2412 Dorothy Ave Unit B/AB, P C Beach, FL 32408

This investment collection consists of 3 lots (Parcel ID's 27779-020-010, 27779-015-010, and 27779-015-000. Two lots have mobile homes that are oocupied, but have no value. The property is zoned R-2(BC) which permits two townhomes to be built on each property or a duplex on each. Buyer can purchase one property or all three at one time. Each property has it's own septic and sewer is available

Tammy Elmore Snow

RC Real Estate Group

(448) 242-1101

2408-2412 Dorothy Ave Unit B/AB, P C Beach, 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

Frank Trenholm

Coldwell Banker Realty

(448) 218-4758

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

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

Tammy Elmore Snow

RC Real Estate Group

(448) 233-4958

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

Amanda Cialoni

Seashore Realty LLC

(448) 256-3029

7024 Sunrise Dr, Panama City Beach, FL 32407
/9
$110,000
- Land
- 5,662 Sq Ft
- $846,154 per Acre
2412 Dorothy Ave Unit A, P C Beach, FL 32408

This investment collection is part of 3 lots that can be purchased individually or all together. This one is Parcel ID's 27779-015-000. The existing mobile home is occupied. Potential remodeling could add value to the mobile home and property. The property is zoned R-2(BC) which permits two townhomes to be built or a duplex. Buyer can purchase one property or all three at one time. Each property

Tammy Elmore Snow

RC Real Estate Group

(448) 333-3766

2412 Dorothy Ave Unit A, P C 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

Abigail Davis

Corcoran Reverie

(448) 230-8248

8730 Thomas Dr Unit 504, Panama City Beach, 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

Robert Weil

Engel & Voelkers 30A Beaches

(448) 231-6709

8730 Thomas Dr Unit 409, Panama City, FL 32408

Showing Results 1 - 40, Page 1 of 11

Florida Bay County Upper Grand Lagoon

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.

Learn more about living in Upper Grand Lagoon

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 $609,500.

How many homes have sold over the last 12 months in Upper Grand Lagoon, FL?

3 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, 32413, 32401, 32405 and 32407.

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 6.47%, your estimated principal and interest payment would be $2,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $106K 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 Prices in Upper Grand Lagoon, FL

The median home sale price in Upper Grand Lagoon, FL is $447,000, down 6% year-over-year. Homes in Upper Grand Lagoon sell in 71 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $447,000	Median Single Family Sale Price $448,450
Median Townhouse Sale Price $1,497,868	Average Price Per Sq Ft $235
Number of Homes for Sale 7	Last 12 months Home Sales 3
Months of Supply 28.00	Median List Price $489,900
Median Change From 1st List Price 9%	Median Home Sale Price YoY Change -6%

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