102 Grand Lagoon Shores Drive 1-4, Panama City, FL 32408 (MLS# 774971)

102 Grand Lagoon Shores Drive 1-4, Panama City, FL 32408

$1,497,868

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Property Type: Residential Bedrooms: 12 Baths: 12 Square Footage: 7,156 Lot Size (sq. ft.): 12,197 Status: Sold

Current Price: $1,497,868 List Date: 6/16/2025 Last Modified: 3/05/2026

Overview

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 enhanc … (Read more) 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.

Listing Details MLS# 774971

Contract Info

List Price/SqFt: 217.86

Location

Area: 03 – Bay County – Beach
Street #: 102
Street Name: Grand Lagoon Shores
Street Suffix: Drive
Unit #: 1-4
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Grand Lagoon Shores 7
Community/Resort: Grand Lagoon Shores
Waterfront: No
Parcel ID: 30188-271-000
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.
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

Sub-Type: Quadplex Multi-Units
Design: N/A
Apx SqFt(Htd/Cooled): 7156
SqFt Source: Builders Plans
Full Baths: 8
Half Baths: 4
Total Baths: 12
# of Stories in Building: 2
# of Units in Bldg: 4
Year Built: 2025
Construction Status: Under Construction
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: Yes
Lot Dimensions: Irregular
Acreage: 0.28
Lot Size (SqFt): 12197
Pool: No

Status Change Info

Under Contract Date: 2025-11-26
Sold Date: 2025-12-22
Sold Price/SqFt: 209.32
Sold Price/Acre: 5349528.57

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.

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.

More Information

Dining Room

First: Yes

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Laminate: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Pantry: Yes
Stairs: Yes

Construction/Siding

Concrete: Yes
Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Asphalt: Yes
Roof – Metal: Yes
Siding – Hardie Board: Yes
Trim – Hardie Board: Yes

Exterior

Fenced Back Yard: Yes
Fenced Privacy: Yes
Porch Covered: Yes
Porch Open: Yes

Financing

Cash: Yes
Conventional: Yes
VA: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Corner Lot: Yes
Improved Lots: Yes
Landscaped: Yes
Near Beach Access: Yes
Near Public Boat Ramp: Yes
Sidewalk: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Parking Features

Garage Attached: Yes
Shared Driveway: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Walk-In Closet: Yes
MBed Walk-in Closet: Yes
MBath Shower/Tub Combo: Yes

Present Zoning

County: Yes
Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Utilities

Cable – Available: Yes
Electric 220/240: Yes
Phone – Available: Yes
Sewer Available: Yes
Public Water – Available: Yes

Waterview

Lagoon: Yes

Sale Type

As Is: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes

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

Room Name	Level	Dimensions	Length	Width
Master Bedroom	Second	15.4 x 18.6	15.40	18.60
Bedroom	Second	14 x 10	14.00	10.00
Bedroom	Second	12 x 12	12.00	12.00
Living Room	First	13.6 x 16.8	13.60	16.80
Kitchen	First	9.6 x 18.8	9.60	18.80
Dining Room	First	11.6 x 12.6	11.60	12.60
Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	12 x 12	12.00	12.00

Listing Office: Top Producers Real Estate Center

Last Updated: March – 05 – 2026

Information deemed reliable but not guaranteed.