109 Granger Lane, Panama City Beach, FL 32413

$949,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,738 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $949,000 List Date: 11/03/2025 Last Modified: 2/21/2026

Description

Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential Discover the ultimate ”Laguna Beach Lifestyle” at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ”live-in-one, rent-the-other” setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated–this ”Gem” is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short-term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn’t just a home; it’s a strategic asset in the Florida Panhandle’s most sought-after growth corridor.

More Information MLS# 781140

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 7261 Last Tax Year: 2024 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 346.6 Status: Active List Date: 2025-11-03 List Price: $949,000 Current Price: $949,000

Location

Sub Area: 0324 – Beach – West Central Community/Resort: Laguna Beach Waterfront: Yes Gulf Access: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From Hwy 98 turn South on Oleander Drive then follow Oleander all the way to Granger Lane on the right and turn on Granger Lane. Area: 03 – Bay County – Beach Street #: 109 Street Name: Granger Street Suffix: Lane State: FL Zip Code: 32413 County: Bay Subdivision: Laguna Beach Parcel ID: 36731-000-000 Legal Description: LAGUNA BEACH EST 5TH ADD LOT 18 LESS SLY 15′ BLK 12 ORB 4601 P 2113

General Property Info

Acreage: 0.23 Design: Duplex Lot Size (SqFt): 10019 Apx SqFt(Htd/Cooled): 2738 Construction Status: Construction Complete SqFt Source: Prop App Site Lot Dimensions: 70 x 145 New Construction: No Garage Y/N: No Driveway Spaces: 8 Pool: No Sub-Type: Duplex Multi-Units Bedrooms: 4 Full Baths: 4 Total Baths: 4 Year Built: 1983

Remarks & Misc

Remarks: Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential Discover the ultimate ”Laguna Beach Lifestyle” at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ”live-in-one, rent-the-other” setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated–this ”Gem” is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short-term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn’t just a home; it’s a strategic asset in the Florida Panhandle’s most sought-after growth corridor.

Appliances

Cooktop – Electric: 1 Dryer: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Floor – Tile: 1 Stairs: 1 Window – Treatment All: 1

Construction/Siding

Roof – Composite Shngl: 1 Siding – Stucco: 1

Exterior

Balcony: 1 Deck Covered: 1 Deck Open: 1 Shower: 1 Patio Covered: 1 Patio Open: 1 Porch Covered: 1 Porch Open: 1

Waterfront Feature

Waterfront Feet: 70

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Interior

Bunk Hallway: 1

Living Room

First: 1

Lot Features

Dead End: 1 Landscaped: 1 Waterfront: 1 Wetlands: 1 Within 1/2 Mile to Water: 1

Lot Access

County Road: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Driveway: 1 Oversized: 1

Mstr Bath / Mstr Bdrm

MBed Balcony: 1 MBed Sitting Area: 1 MBed Waterfront: 1

Present Zoning

Resid Multi-Family: 1

Rooms

Bedroom: 1 Living Room: 1

Utilities

Electricity – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Lake: 1

Sale Type

As Is: 1

Waterfront Type

Lakefront: 1

Bedroom

Second: 1

Cooling

Ceiling Fan(s): 1 Mini-Split/Ductless: 1

Heating

Mini-Split/Ductless: 1

Property Features

Appliances: Cooktop – Electric; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: Second Cooling: Ceiling Fan(s); Mini-Split/Ductless Heating: Mini-Split/Ductless Exterior: Balcony; Deck Covered; Deck Open; Shower; Patio Covered; Patio Open; Porch Covered; Porch Open Financing: Cash; Conventional Furnished: Furnished Interior: Bunk Hallway Living Room: First Lot Features: Dead End; Landscaped; Waterfront; Wetlands; Within 1/2 Mile to Water Lot Access: County Road; Paved Road Parking Features: Additional Parking; Driveway; Oversized Rooms: Bedroom; Living Room Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Lakefront Waterview: Lake Present Zoning: Resid Multi-Family

Room Information

Living Room Level: First Dimensions: 15 x 20 Length: 15.00 Width: 20.00 Dimensions: 15 x 20 Remarks: Unit 1 Bedroom Level: Second Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Remarks: Unit 1 Living Room Level: First Dimensions: 15 x 20 Length: 15.00 Width: 20.00 Dimensions: 15 x 20 Remarks: Unit 2 Bedroom Level: Second Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Remarks: Unit 2
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: February – 21 – 2026
Information deemed reliable but not guaranteed.