102 Grand Lagoon Shores Drive 1-4, Panama City, FL 32408
$1,497,868
Property Type:
Residential
Bedrooms:
12
Baths:
12
Square Footage:
7,156
Lot Size (sq. ft.):
12,197
Status:
Sold
Current Price:
$1,559,000
List Date:
6/16/2025
Last Modified:
12/22/2025
Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
WOW – 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach Location
Capitalize 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 advantage in the local rental market.
Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage.
Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent.
Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA.
Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand.
Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy.
This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida’s most robust markets.
More Information MLS# 774971
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 905
Last Tax Year: 2024
Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner.
Contract Info
List Price/SqFt: 217.86
Status: Sold
List Date: 2025-06-16
List Price: $1,559,000
Current Price: $1,497,868
Location
Unit #: 1-4
Sub Area: 0319 – Beach – East
Community/Resort: Grand Lagoon Shores
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Take North Lagoon Dr E, Left on Grand Lagoon Shores Dr and then the property will be located on the right.
Area: 03 – Bay County – Beach
Street #: 102
Street Name: Grand Lagoon Shores
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Grand Lagoon Shores 7
Parcel ID: 30188-271-000
Legal Description: GRAND LAGOON SHORES UNIT 7 LOT 9 BLK F ORB 1634 P 1189 ORB 2207 P 1404 ORB 2512 P 2279 ORB 2596 P 422
General Property Info
Acreage: 0.28
Design: N/A
Lot Size (SqFt): 12197
Apx SqFt(Htd/Cooled): 7156
Construction Status: Under Construction
SqFt Source: Builders Plans
Half Baths: 4
# of Stories in Building: 2
# of Units in Bldg: 4
Lot Dimensions: Irregular
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Quadplex Multi-Units
Bedrooms: 12
Full Baths: 8
Total Baths: 12
Year Built: 2025
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
WOW – 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach Location
Capitalize 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 advantage in the local rental market.
Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage.
Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent.
Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA.
Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand.
Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy.
This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida’s most robust markets.
Status Change Info
Sold Price/SqFt: 209.32
Sold Price/Acre: 5349528.57
Under Contract Date: 2025-11-26
Sold Date: 2025-12-22
Sold Price: $1,497,868
Dining Room
First: 1
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Microwave: 1
Oven – Electric: 1
Range – Electric: 1
Refrigerator: 1
Water Heater – Electric: 1
Interior Features
Floor – Laminate: 1
Floor – Vinyl Plank: 1
Kitchen Island: 1
Pantry: 1
Stairs: 1
Construction/Siding
Concrete: 1
Foundation – Slab on Grade: 1
Wood/Frame: 1
Roof – Asphalt: 1
Roof – Metal: 1
Siding – Hardie Board: 1
Trim – Hardie Board: 1
Exterior
Fenced Back Yard: 1
Fenced Privacy: 1
Porch Covered: 1
Porch Open: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Corner Lot: 1
Improved Lots: 1
Landscaped: 1
Near Beach Access: 1
Near Public Boat Ramp: 1
Sidewalk: 1
Within 1/2 Mile to Water: 1
Lot Access
Paved Road: 1
Parking Features
Garage Attached: 1
Shared Driveway: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Walk-In Closet: 1
MBed Walk-in Closet: 1
MBath Shower/Tub Combo: 1
Present Zoning
County: 1
Resid Multi-Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
Cable – Available: 1
Electric 220/240: 1
Phone – Available: 1
Sewer Available: 1
Public Water – Available: 1
Waterview
Lagoon: 1
Sale Type
As Is: 1
Master Bedroom
Second: 1
Bedroom
Second: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Property Features
Appliances: Cooktop – Electric; Dishwasher; Microwave; Oven – Electric; Range – Electric; Refrigerator; Water Heater – Electric
Master Bedroom: Second
Bedroom: Second
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Exterior: Fenced Back Yard; Fenced Privacy; Porch Covered; Porch Open
Financing: Cash; Conventional; VA
Furnished: Unfurnished
Kitchen: First
Living Room: First
Lot Features: Corner Lot; Improved Lots; Landscaped; Near Beach Access; Near Public Boat Ramp; Sidewalk; Within 1/2 Mile to Water
Lot Access: Paved Road
Dining Room: First
Parking Features: Garage Attached; Shared Driveway
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Sale Type: As Is
Utilities: Cable – Available; Electric 220/240; Phone – Available; Sewer Available; Public Water – Available
Waterview: Lagoon
Present Zoning: County; Resid Multi-Family
Room Information
Master Bedroom
Level: Second
Dimensions: 15.4 x 18.6
Length: 15.40
Width: 18.60
Dimensions: 15.4 x 18.6
Bedroom
Level: Second
Dimensions: 14 x 10
Length: 14.00
Width: 10.00
Dimensions: 14 x 10
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Living Room
Level: First
Dimensions: 13.6 x 16.8
Length: 13.60
Width: 16.80
Dimensions: 13.6 x 16.8
Kitchen
Level: First
Dimensions: 9.6 x 18.8
Length: 9.60
Width: 18.80
Dimensions: 9.6 x 18.8
Dining Room
Level: First
Dimensions: 11.6 x 12.6
Length: 11.60
Width: 12.60
Dimensions: 11.6 x 12.6
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Listing Office:
Top Producers Real Estate Center
Last Updated: December – 22 – 2025
Information deemed reliable but not guaranteed.