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Upper Grand Lagoon, FL Homes for Sale under $500,000

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  • /42

    $499,000 Open Sat 10AM - 2PM

    • 3 Beds
    • 3 Baths
    • 1,823 Sq Ft

    2400 Grandiflora Blvd Unit E401, Panama City, FL 32408

    Welcome to Magnolia Bay Club, a gated bayfront community offering the perfect balance of peaceful full-time living and luxury. This 3-bedroom, 3-bath condo (with an additional flex space) combines elegant design, modern updates, and stunning amenities — all without the hustle and bustle of short-term rentals. Inside, you'll find an open-concept layout filled with natural light and designer

    Agent Photo

    Denise Vickers

    Keller Williams Success Realty

    (448) 233-5071

    2400 Grandiflora Blvd Unit E401, Panama City, FL 32408
  • /42

    $499,000

    • 3 Beds
    • 3 Baths
    • 1,823 Sq Ft

    2400 Grandiflora Blvd Unit E401, Panama City Beach, FL 32408

    Welcome to Magnolia Bay Club, a gated bayfront community offering the perfect balance of peaceful full-time living and luxury. This 3-bedroom, 3-bath condo (with an additional flex space) combines elegant design, modern updates, and stunning amenities — all without the hustle and bustle of short-term rentals. Inside, you'll find an open-concept layout filled with natural light and designer

    Agent Photo

    Denise Vickers

    Keller Williams Success Realty

    (448) 202-5800

    2400 Grandiflora Blvd Unit E401, Panama City Beach, FL 32408
  • /32

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,457 Sq Ft

    2616 Redwood St, Panama City, FL 32408

    ***3 BEDROOM, 2 BATHROOM RECENTLY UPDATED MOVE IN READY(SHORT TERM RENTAL ALLOWABLE) HOME 1 MILE FROM THE BEACH!!!*** The sellers have spared no expense in updating this GORGEOUS home. Interior updates and upgrades include but are not limited to: 2024 bathrooms, ceiling fans, cabinet hardware, stove and microwave, water filtration system in kitchen, and new kitchen backsplash. Granite

    Mario Gobel RE/MAX SELECT Partners

    2616 Redwood St, Panama City, FL 32408
  • /47

    $450,000

    • 4 Beds
    • 4.5 Baths
    • 3,019 Sq Ft

    8700 Front Beach Rd Unit 8108, Panama City Beach, FL 32407

    Owner financing available! Discover your perfect getaway in the heart of Panama City Beach! 4 bedroom with 4 a 1/2 bathrooms,3 stories, two balconies, large front porch,two car garage. Located in the sought-after Island Reserve community, this stunning townhome offers an ideal blend of comfort and convenience, just minutes away from the pristine beach, shopping, attractions, and dining options.

    Danny McCall Counts Real Estate Group Inc

    8700 Front Beach Rd Unit 8108, Panama City Beach, FL 32407
  • /3

    $500,000

    • Land
    • 0.06 Acre
    • $8,333,333 per Acre

    12903 Panama City Beach Pkwy, P C Beach, FL 32408

    2,500sf pad site for sale adjacent to two Class A Medical Office Building. With road frontage on Panama City Beach Pkwy (52,000 AADT).

    Anderson Brooks NAI TALCOR

    12903 Panama City Beach Pkwy, P C Beach, FL 32408
  • /19

    $440,000

    • Land
    • 0.96 Acre
    • $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

    Justin Cater LLC EXP Realty LLC

    2204 Thomas Dr, Panama City, FL 32408
  • /23

    $469,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,711 Sq Ft

    9019 Laird St, Panama City, FL 32408

    ~DEVELOPER TO PAY HOA FEES THROUGH 2028!~This brand-new home is located within an exclusive 9-home development in a rapidly growing and highly desirable area of Panama City Beach. Enjoy close proximity to the beach while still tucked away in a peaceful residential setting. As an added bonus, the Developer will cover all HOA fees through 2028, giving the new homeowner zero HOA payments until

    Chad Bruce Coastal Sun Realty LLC

    9019 Laird St, Panama City, FL 32408
  • /37

    $469,900

    • 3 Beds
    • 2.5 Baths
    • 2,235 Sq Ft

    608 Amberjack Dr, Panama City, FL 32408

    **608 Amberjack Drive | Bay Point** Three-bedroom, two-bath home located in Bay Point, a gated golf course community with tennis courts and a full-service marina. This home has been recently updated with fresh interior paint and new flooring throughout. Additional features include a private hot tub and an open floor plan. Bay Point is a secure, established neighborhood with 24-hour security and

    Tresha Brown LPT Realty LLC

    608 Amberjack Dr, Panama City, FL 32408
  • /25

    $419,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,703 Sq Ft

    6517 Pine Dr, Panama City Beach, FL 32408

    BEAUTIFUL NEW CONSTRUCTION in a QUIET BEACH LOCATION. This CRAFTSMAN STYLE HOME LIVES LARGE! It's hard to find all this and a great location- just minutes from ST ANDREW STATE PARK, PUBLIX, GREAT RESTAURANTS AND TOP SCHOOLS!! The exterior features a CHARMING BOARD and BATTEN STYLE SIDING with WARM RUSTIC SHUTTERS. A covered entrance leads to an inviting OPEN FLOOR PLAN featuring 9 ft ceilings and

    Susan Morrison Anchor Realty Florida

    6517 Pine Dr, Panama City Beach, FL 32408
  • /50

    $470,000

    • 2 Beds
    • 2 Baths
    • 1,458 Sq Ft

    4100 Marriott Dr Unit 302, Panama City, FL 32408

    Enjoy breathtaking views of Grand Lagoon and the inlet from the Gulf of Mexico in this spacious 1,458 sq ft condo. Whether you're looking for a primary residence, a vacation home, or an investment property to rent between visits, this unit offers the perfect blend of comfort and lifestyle.Relax on the balcony while watching stunning sunrises and sunsets, or observe the boats as they head out

    Rob Kinney Counts Real Estate Group Inc

    4100 Marriott Dr Unit 302, Panama City, FL 32408
  • /34

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,933 Sq Ft

    204 Verde Wood Cir, Panama City, FL 32408

    Welcome to 204 Verde Wood Circle, a cozy coastal retreat tucked away on a quiet cul-de-sac just minutes from the world-famous beaches of Panama City Beach. This beautifully refreshed 3-bedroom, 2-bath home perfectly blends comfort, efficiency, and Florida charm. Step inside to find a light, beachy interior with fresh paint and open living spaces that feel instantly inviting. The kitchen and

    Zachary Murzyn Secure Real Estate

    204 Verde Wood Cir, Panama City, FL 32408
  • /38

    $414,900 New Construction

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

    3528 Cottage Cove Ln, Panama City, FL 32408

    Welcome to 3528 Cottage Cove Lane, a new home at Sanctuary Beach in Panama City Beach Florida. This home is ready for move in and is situated on an interior lot. It features a grand entry foyer with stairs leading to the second level bedrooms and a hall leading to the spacious downstairs living area. The foyer offers a coat closet and garage access just off the entry and a powder room. As you

    D.R. Horton Builder
    3528 Cottage Cove Ln, Panama City, FL 32408
  • /39

    $445,000

    • 3 Beds
    • 2 Baths
    • 1,503 Sq Ft

    4314 Legend Place Unit 18, Panama City, FL 32408

    Welcome to the neighborhood of your dreams! Step inside this beautiful Legend Place home to an open-concept living room and kitchen featuring high ceilings and a bright, airy layout. The split-bedroom floor plan provides privacy and functionality, ideal for families or guests. It's the perfect blend of traditional with modern touches. There is a covered patio with a small fenced back yard area.

    Andrea Green Sims Resort Realty, Inc

    4314 Legend Place Unit 18, Panama City, FL 32408
  • /62

    $443,900

    • 3 Beds
    • 2.5 Baths
    • 1,638 Sq Ft

    2200 Dorothy Ave, Panama City Beach, FL 32408

    Seller is offering a $10,000 credit to the buyer, which can be applied toward an interest rate buy-down or used to offset closing costs-an excellent opportunity to make this home even more affordable. Beautiful and exceptionally well-maintained single-family home built in 2019, offering the perfect blend of comfort, flexibility, and value. Located in Flood Zone X, no flood insurance is required.

    Alina Kvasha Dalton Wade Inc

    2200 Dorothy Ave, Panama City Beach, FL 32408
  • /21

    $409,000

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

    2602 Mystic Ln Unit PO34, Panama City, FL 32408

    Welcome to coastal living at its finest! This stunning 2 bedroom, 2 bath condo is perfectly situated right off the water in a gated community in the heart of Upper Grand Lagoon. Featuring two private balconies with peaceful water views and a beautiful pool. This home is ideal for relaxing after a day on the beach or entertaining guests. Inside, you'll find a beautifully updated kitchen complete

    Team Don and Bubba EXP Realty LLC

    2602 Mystic Ln Unit PO34, Panama City, FL 32408
  • /39

    $499,000

    • 2 Beds
    • 2.5 Baths
    • 2,020 Sq Ft

    4620 Bay Point Rd Unit 30, Panama City Beach, FL 32408

    WATERFRONT Bay Point Marina Club Village condo. This townhouse floor plan is two stories with high ceilings, double car garage, and massive decks overlooking the bay and grassy court yard. Being an end unit and having no one above or below adds to the serenity. Each bedroom features a large bedroom and there is an additional half bath for guest. Kitchen features stainless Bosch appliances.

    The Emerald Coastal Team Counts Real Estate Group Inc

    4620 Bay Point Rd Unit 30, Panama City Beach, FL 32408
  • /39

    $449,900

    • 3 Beds
    • 2.5 Baths
    • 1,460 Sq Ft

    6500 Harbour Blvd, Panama City Beach, FL 32407

    ***OVER $100,000 IN UPGRADES...PLUS A BRAND NEW ROOF(SEPTEMBER 2025)*** $173.50(a month)HOA fees is incredibly affordable for what the community offers!! Fully remodeled waterfront property with deep water Gulf access in a gated community. The only 3 bedroom, 2.5 bathroom(partially furnished)townhome in the community after having added the rear addition waterfront master bedroom and master

    Mario Gobel RE/MAX SELECT Partners

    6500 Harbour Blvd, Panama City Beach, FL 32407
  • /66

    $459,900

    • 2 Beds
    • 2 Baths
    • 1,298 Sq Ft

    4100 Marriott Dr Unit 511, Panama City, FL 32408

    You don't want to miss this 5th-floor beauty at Reflections in Bay Point — where luxury meets lifestyle! Step out onto the private balcony and take in stunning views of the resort-style pool, Grand Lagoon, The Pass, and beyond. It's the perfect spot for morning coffee or evening sunsets. Inside, you'll find a spacious kitchen with granite countertops, stainless steel appliances, and plenty of

    Team Don and Bubba EXP Realty LLC

    4100 Marriott Dr Unit 511, Panama City, FL 32408
  • /33

    $430,000

    • 3 Beds
    • 3 Baths
    • 2,440 Sq Ft

    612 Amberjack Dr, Panama City, FL 32408

    Investment Opportunity awaits in sought after Bay Point Gated Community. This spacious home offers endless potential to customize your perfect coastal dream home getaway. Home is Located in the premier golf and marina community for your convenience and enjoyment. This home is 2100+ square feet featuring nicely sized vaulted family room with floor to ceiling wood burning fireplace and sliders

    Victoria Haley Counts Real Estate Group Inc

    612 Amberjack Dr, Panama City, FL 32408
  • /49

    $400,000 Open Sun 1PM - 3PM

    • 3 Beds
    • 3.5 Baths
    • 2,244 Sq Ft

    144 Sandollar Dr, Panama City, FL 32408

    Life's a Beach on Sandollar Drive! Just blocks from the sparkling sandy shores of Panama City Beach, this 2,700 sq. ft. coastal gem at 144 Sandollar Dr. is ready to sweep you off your flip-flops! Step inside and discover not one, not two, but **THREE private master suites** - perfect for family, guests, or creating your own dreamy retreat. 2 Upstairs with their own balcony with view of the

    Coralee King Beachy Beach Real Estate

    144 Sandollar Dr, Panama City, FL 32408
  • /35

    $449,900 New Construction

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

    3524 Cottage Cove Ln, Panama City, FL 32408

    Welcome to 3524 Cottage Cove Lane, a new home at Sanctuary Beach in Panama City Beach Florida. This home is ready for move in and is situated on an interior lot. It features a bright entry with stairs leading to the second level bedrooms and a hall leading to the spacious downstairs living area. The foyer offers a coat closet and garage access just off the entry and a powder room. As you enter

    D.R. Horton Builder
    3524 Cottage Cove Ln, Panama City, FL 32408
  • /23

    $429,000

    • 3 Beds
    • 3 Baths
    • 1,823 Sq Ft

    2400 Grandiflora Blvd Unit E309, Panama City, FL 32408

    IF YOU ARE LOOKING FOR A PLACE THAT IS SERENE YOU ARE AT THE RIGHT PLACE MAGNOLIGA BAY CLUB OVER LOOKING THE BAY. POOL OVERLOOKING THE BAY WITH CLUB HOUSE AND FITNESS CENTER . 3 BEDROOM 3 BATH.. ONE OF THE LARGEST IN THE COMPLEX. CLOSE TO THE GULF AND SHOPPING . MASTER BEDROOM OVERLOOKS THE BAY. IT HAS VIKING APPLIANCES . AIR CONDITIONER INSTALLED JUNE OF 2025.''OWNER FINANCING

    Anne Stroud Top Producers Real Estate Ctr

    2400 Grandiflora Blvd Unit E309, Panama City, FL 32408
  • /45

    $500,000

    • 3 Beds
    • 2.5 Baths
    • 2,389 Sq Ft

    129 Palm Crossing Blvd, Panama City, FL 32408

    Welcome to this spacious home in the desirable, quiet neighborhood of Palm Bay. Thoughtfully upgraded with a whole-house generator and screened-in pool, this property offers both comfort and peace of mind. Inside, the open floor plan features 3 bedrooms, 2.5 bathrooms, a formal living room, formal dining room, family room, and a gourmet kitchen with stainless steel appliances, gas range, and

    Stephanie Ingram Counts Real Estate Group Inc

    129 Palm Crossing Blvd, Panama City, FL 32408
  • /3

    $424,900

    • Land
    • 0.99 Acre
    • $429,192 per Acre

    2500 Joan Ave, Panama City Beach, FL 32408

    This 1 acre parcel has 100 footage along Joan Ave and has an active Development Order for 12 units. Zoned R2, this parcel is located less than half a mile to the gulf and can either be long term or short term rental. Lot goes from street to street giving two access points to property. You can also subdivide the parcel and have multiple lots.

    Cory Herrman Counts Real Estate Group Inc

    2500 Joan Ave, Panama City Beach, FL 32408
  • /89

    $469,500

    • 3 Beds
    • 2 Baths
    • 2,562 Sq Ft

    9106 Abba Ln, Panama City Beach, FL 32407

    **HOME HAS JUST BEEN FRESHLY PAINTED INSIDE, AND A NEW SIDE BY SIDE REFIRGERATOR HAS BEEN PUT IN** Check out the room sizes in this home!!! This lovely home has a great layout with an impressive 12x29 master suite, providing plenty of additional space for a home gym, sitting area, or library. The huge 15 x 18 bonus room could be your office, large library, a fourth bedroom, home theater, formal

    Dennis Dunnigan Coastal Choice Realty LLC

    9106 Abba Ln, Panama City Beach, FL 32407
  • /25

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,900 Sq Ft

    206 Carolyn Ave, Panama City Beach, FL 32407

    Located in the sought-after Woodlawn Subdivision, this beautiful 3/2 Pool Home is less than 4 miles to several Panama City Beach public beach access points, less than 5 miles to Wonderworks, Ripleys-Believe-it-or-Not, ZooWorld, Shipwreck Island, and more! Great full-time residence, short-term rental, or whatever you desire! This beach cottage features quartz countertops, tile flooring throughout,

    Kira Asinas ROA-Realty of America LLC

    206 Carolyn Ave, Panama City Beach, FL 32407
  • /51

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,458 Sq Ft

    4100 Marriott Dr Unit 203, Panama City, FL 32408

    Need a new home or a short term rental in a beautiful community? This is perfect for either! How exciting to have a view of the Grand Lagoon and St Andrew Bay on a daily basis! It is so nice to leave landscaping, pool servicing, trash disposal, building maintenance, pest control, water, sewer, insurance on the building and Roku charges in the monthly HOA fees. This 2 bedroom, 2 bath unit sleeps 6

    Holli Persall ERA Neubauer Real Estate Inc

    4100 Marriott Dr Unit 203, Panama City, FL 32408
  • /34

    $420,000

    • 2 Beds
    • 2 Baths
    • 1,447 Sq Ft

    6500 Bridge Water Way Unit 702, Panama City Beach, FL 32407

    A Boater's Dream with Gulf Access! Welcome to Hibiscus By The Bay, an exclusive gated waterfront community tucked away on a 10-acre peninsula along St. Andrew's Bay with a private marina and direct access to the Gulf. This beautifully updated 2BR/2BA condo is being offered fully furnished and turnkey, making it the perfect coastal retreat or full-time residence. Enjoy panoramic bay views from the

    Victoria Gillman Gillman Group Realty

    6500 Bridge Water Way Unit 702, Panama City Beach, FL 32407
  • /31

    $439,000

    • 3 Beds
    • 2 Baths
    • 1,540 Sq Ft

    2416 Dorothy A Ave Unit A, Panama City Beach, FL 32408

    Welcome to your charming coastal beach house just 5 mins from the Beautiful Gulf of America! Located on a large corner lot this custom built home which was constructed in 2023 boasts 1500 sf with 10' tall ceilings and crown molding that make this home feel even bigger! The open floor plan features a gourmet kitchen, perfect for all your food prep and conversation! A master suite and bathroom you

    Kim Johnson Think Real Estate

    2416 Dorothy A Ave Unit A, Panama City Beach, FL 32408
  • /44

    $479,000

    • 3 Beds
    • 3.5 Baths
    • 2,244 Sq Ft

    201 Boca Shores Dr, Panama City, FL 32408

    Beautifully Remodeled Coastal Retreat -& Spacious Corner Lot *** NEW PRICE*** Welcome to this stunning remodeled home in the desirable Grand Lagoon Shores Subdivision. Sitting on a large .306-acre corner lot, this property is full of character, upgrades, and endless possibilities. From the moment you enter the private cobblestone courtyard, you'll feel the charm and privacy this home offers. Step

    Mark Chambliss Coastal Palms Real Estate

    201 Boca Shores Dr, Panama City, FL 32408
  • /33

    $451,900 New Construction

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

    3600 Woods Ln, Panama City, FL 32408

    Welcome to 3600 Woods Lane, a new home at Sanctuary Beach in Panama City Beach Florida. This home is ready for move in and features a grand entry with stairs leading to the second level bedrooms and a hall leading to the spacious downstairs living area. The foyer offers a coat closet and garage access just off the entry and a powder room. As you enter the open living area you will find an open

    D.R. Horton Builder
    3600 Woods Ln, Panama City, FL 32408
  • /78

    $449,000

    • 3 Beds
    • 2.5 Baths
    • 2,196 Sq Ft

    901 Sea Robin Ln, Panama City Beach, FL 32408

    Welcome home to your perfect coastal cottage retreat! This beautiful property is ideally situated on a superb corner lot with picturesque views of the 16th green and 17th tee box, just steps away from the renowned Jack Nicklaus Golf Course and clubhouse. Experience the Bay Point lifestyle in Bay Point Golf Cove Estates, one of the most desirable communities in Panama City Beach. Enjoy the

    Michele Morros Keller Williams Success Realty

    901 Sea Robin Ln, Panama City Beach, FL 32408
  • /62

    $435,000

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

    2604 Mystic Ln Unit PO13, Panama City, FL 32408

    Step into this stunning 3-bedroom, 2.5-bath second-floor condo in Waterhaven—a private, gated, non-rental community set directly on the shores of St. Andrews Bay.Inside, you'll find elegant details throughout: crown molding, transom windows, and soaring vaulted ceilings that create a bright, open feel. The living area flows seamlessly to a spacious balcony through French doors, offering a

    Zacarias Sanchez Think Real Estate

    2604 Mystic Ln Unit PO13, Panama City, FL 32408
  • /30

    $404,900

    • 2 Beds
    • 2 Baths
    • 1,447 Sq Ft

    6500 Bridgewater Unit 203, Panama City Beach, FL 32407

    Just Listed - 2 Bed / 2 Bath Waterfront Condo at Hibiscus by the Bay. Welcome to Hibiscus by the Bay, an exclusive gated waterfront community set on a 10-acre peninsula along the breathtaking St. Andrews Bay. This recently remodeled 2-bedroom, 2-bath condo features brand- new appliances, modern finishes, and an open layout perfect for full-time living or a coastal getaway. Inside, you'll find:

    Moe Mossa Savvy Avenue LLC

    6500 Bridgewater Unit 203, Panama City Beach, FL 32407
  • /44

    $489,000

    • 4 Beds
    • 2.5 Baths
    • 1,944 Sq Ft

    204 Laird Cir, Panama City, FL 32408

    Discover a rare opportunity to own over ONE acre in Panama City Beach! If you've been searching for privacy, space, and convenience, this property checks every box. Tucked away on a beautifully wooded lot with no HOA, you'll enjoy true peace and seclusion—surrounded by mature trees and with no neighbors in sight—while still being just minutes from the beach and away from heavy tourist traffic.

    Kaitlyn Fucci Counts Real Estate Group Inc

    204 Laird Cir, Panama City, FL 32408
  • /70

    $449,900

    • 3 Beds
    • 3.5 Baths
    • 2,576 Sq Ft

    8700 Front Beach Rd Unit 8107, Panama City Beach, FL 32407

    Great Opportunity to purchase a rare executive Penthouse unit in the Exclusive Gated Island Reserve. There are only 12 of these large units 2500 sq ft plus. Entering the unit, you are greeted with a beautifully decorated furnishings throughout. This unit is close to 2600 square feet with 3 bedrooms and 3.5 bath to include two Master Suites. A formal Dining area and laundry room incorporates the

    Marco Cooper Coastal Sun Realty LLC

    8700 Front Beach Rd Unit 8107, Panama City Beach, FL 32407
  • /37

    $425,000

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

    8730 Thomas Dr Unit 409, Panama City, FL 32408

    INVESTOR ALERT: Legal Airbnb yielding approx 6 CAP, sold turnkey with all future bookings! Instant cash flow - beautifully furnished & decorated 2 story condo in Panama City Beach! Two blocks from the beach with water views of the PRIVATE DOCK on St Andrews Bay. Two story unit, 3 bed 3 full baths sleeps 8 for optimal cash flow. Huge primary suite. Steps from community pool, tennis, clubhouse,

    Brian Furer VIP Real Estate

    8730 Thomas Dr Unit 409, Panama City, FL 32408

Home Trends in Upper Grand Lagoon, FL

Housing Trends

Median Sale Price
$561,444
Median Single Family Sale Price
$529,900
Median Townhouse Sale Price
$1,497,868
Average Price Per Sq Ft
$238
Number of Homes for Sale
6
Last 12 months Home Sales
4
Months of Supply
18.00
Median List Price
$539,900
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
46%
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