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.