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Upper Grand Lagoon, FL Multifamily Homes & Duplexes for Sale

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  • /71

    $1,190,000

    • 6 Beds
    • 4.5 Baths
    • 3,284 Sq Ft

    2832 Susan Ave, Panama City, FL 32408

    This private oasis is as versatile and unique as it is beautiful and well-designed! Every detail has been thoughtfully curated with extra amenities and features you won't find in most homes in Bay County, making this property an excellent choice for year-round living, an investment opportunity, or BOTH! Picture the possibilities of this exclusive retreat: Two, top-over-bottom 3 BR/2 Bath units,

    Agent Photo

    Sherry Agee-Smith

    simpliHOM

    (615) 400-6985

    2832 Susan Ave, 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
  • /56

    $364,900

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

    9016 Banyan Beach Dr, Panama City, FL 32408

    Beach living at a very affordable price! This immaculate move-in ready town home 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

    Lisa Suggs Anchor Realty Florida

    9016 Banyan Beach Dr, Panama City, FL 32408
  • /50

    $1,300,000

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

    2809 Lagoon Knoll Dr, Panama City Beach, FL 32408

    Charming & Stylish Quadplex in the Heart of Panama City BeachWelcome 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 beautiful oak trees and a welcoming entrance, offering both charm and sophistication.Boasting 4,159 square feet, this chic property features four fully

    Daryle Burkey Coldwell Banker Realty

    2809 Lagoon Knoll Dr, Panama City Beach, FL 32408
  • /33

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,498 Sq Ft

    8504 N Lagoon Dr, Panama City, FL 32408

    Short Term Rentals ALLOWED! Nestled in the heart of Panama City Beach, this charming property is an ideal investment or primary residence. With NO HOA fees and sold furnished, this 3 bedroom 2 bath unit is turn-key! It features a privacy fenced backyard that is complimented by an expansive NEW deck for entertaining. Both the primary bedroom and living room can access the backyard via sliding

    Tina Lamonica Think Real Estate

    8504 N Lagoon Dr, Panama City, FL 32408
  • /18

    $450,000

    • 3 Beds
    • 3 Baths
    • 1,768 Sq Ft

    2313 Grand Oaks Ln, Panama City, FL 32408

    Rare opportunity for two separate, turn key units that have been completely renovated with numerous upgrades such as granite, stainless steel appliances, brand new hurricane impact windows and separate laundry with brand new washer and dryer. The 2/2 is 1120 sq ft and the 1/1 is 648 sq ft with ample, open concept living space. Both are on separate electric and water. Both are separately and fully

    Steven Koleno Beycome of Florida LLC

    2313 Grand Oaks Ln, 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.

    Jim Hodges III 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
  • /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
  • /24

    $575,000

    • 4 Beds
    • 4 Baths
    • 2,196 Sq Ft

    2432 Valley Oak Ct Unit A&B, Panama City, FL 32408

    Located in Panama City Beach, 2432 Valley Oak Court is a well-maintained duplex built in 2019, offering a great investment opportunity. Each unit features two bedrooms and two bathrooms, with separate power and water meters, allowing for fully independent living. Unit A is currently leased long-term at $1,950 per month, while Unit B is vacant and ready for occupancy. This property offers

    Angela Feria Foundation Real Estate Agency LLC

    2432 Valley Oak Ct Unit A&B, 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

    $898,900

    • 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
  • /2

    $575,000

    • 4 Beds
    • 4 Baths
    • 2,058 Sq Ft

    2512 Shady Oak Ct Unit A&B, Panama City, FL 32408

    Located in Panama City Beach, 2512 Shady Oak Court is a well-maintained duplex built in 2019, offering a great investment opportunity. Each unit features two bedrooms and two bathrooms, with separate power and water meters, allowing for fully independent living. Unit A & B are both currently leased long-term until 2026 at $1,950 per month. This property offers flexibility for both long-term and

    Angela Feria Foundation Real Estate Agency LLC

    2512 Shady Oak Ct Unit A&B, Panama City, FL 32408
  • /5

    $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

    $574,900 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
  • /21

    $300,000

    • 3 Beds
    • 2.5 Baths
    • 1,496 Sq Ft

    7468 Shadow Lake Dr, Panama City Beach, FL 32407

    **SELLER OFFERING CONSCESSION OF $3K TOWARDS BUYERS CLOSING COSTS OR RATE BUY DOWN**Charming Hathaway townhome located in a prime location in Panama City Beach with only 5 to 10 min from the most stunning beaches in Florida, beautiful emerald green water, white sands and dreamy sunsets. It is also located close to many restaurants, Pier Park and Navy base. Once you enter the property, you'll find

    Terry Lamm CENTURY 21 AllPoints Realty

    7468 Shadow Lake Dr, Panama City Beach, FL 32407

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.

Home Trends in Upper Grand Lagoon, FL

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$464,900
Median Townhouse Sale Price
$382,000
Median 2 Bedroom Sale Price
$320,000
Median 1 Bedroom Sale Price
$251,499
Average Price Per Sq Ft
$266
Number of Homes for Sale
155
Last 12 months Home Sales
219
Months of Supply
8.50
Median List Price
$425,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-9%
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