5706 S Lagoon Drive, Panama City, FL 32408 (MLS# 787784)

5706 S Lagoon Drive, Panama City, FL 32408

$1,425,000

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,180 Lot Size (sq. ft.): 10,062 Status: Active

Current Price: $1,425,000 List Date: 4/02/2026 Last Modified: 4/15/2026

Overview

Description

The deal of a lifetime. Welcome to 5706 South Lagoon, where elevated comfort and coastal charm come together to create the beach retreat you've been waiting for. Ideally positioned on the desirable east end of South Lagoon, and situated along the quieter side of the channel, this waterfront property offers a rare blend of privacy, accessibility, and effortless coastal living. A true boater's paradise, this home is fully equipped for life on the water. The private dock features a 16,000 lb boat lift housed beneath a covered boathouse with a touchless cover system, accommodating vessels up to around 30 feet. Additionally, there's 2 ski lifts to fully pull your skis from the water, and a 2 ski platform for when you're ready to go. From your backyard, enjoy quick and convenient access to Grand Lagoon. Make it to the Gulf in right around 10 minutes, Shell Island in 10-20, Downtown St. Andrew's in 20, and Downtown Panama City in 25. This is the kind of setup that transforms weekends i … (Read more)

Listing Details MLS# 787784

Contract Info

List Price/SqFt: 653.67

Location

Area: 03 – Bay County – Beach
Street #: 5706
Street Direction: S
Street Name: Lagoon
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Biltmore Beach 1st Add
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 32081-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Headed West from Hathaway Bridge, turn left onto Navy Blvd. Turn right onto Dolphin Dr. Turn right onto S Lagoon. Home will be on your left just past Mystic.
Legal Description: Lot 3, Block 1, First Addition to Biltmore Beach, according to the map or plat thereof, as recorded in Plat Book 8, Page 39, of the Public Records of Bay County, Florida.

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2180
SqFt Source: An Appraiser
Full Baths: 3
Half Baths: Yes
Total Baths: 4
# of Stories in Building: 2
Year Built: 1991
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Driveway Spaces: 6
Lot Dimensions: 50x205x50x216
Acreage: 0.23
Lot Size (SqFt): 10062
Pool: Yes
Pool Type: Private
Garage Spaces: 0

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 8962
Last Tax Year: 2025
Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner.
As Is: Yes

Remarks & Misc

Remarks: The deal of a lifetime. Welcome to 5706 South Lagoon, where elevated comfort and coastal charm come together to create the beach retreat you've been waiting for. Ideally positioned on the desirable east end of South Lagoon, and situated along the quieter side of the channel, this waterfront property offers a rare blend of privacy, accessibility, and effortless coastal living. A true boater's paradise, this home is fully equipped for life on the water. The private dock features a 16,000 lb boat lift housed beneath a covered boathouse with a touchless cover system, accommodating vessels up to around 30 feet. Additionally, there's 2 ski lifts to fully pull your skis from the water, and a 2 ski platform for when you're ready to go. From your backyard, enjoy quick and convenient access to Grand Lagoon. Make it to the Gulf in right around 10 minutes, Shell Island in 10-20, Downtown St. Andrew's in 20, and Downtown Panama City in 25. This is the kind of setup that transforms weekends into experiences and vacations into traditions. Inside, the home offers a warm and inviting coastal atmosphere designed for both relaxation and entertaining, while the outdoor living space takes center stage. Perfect for unwinding after a day on the water or hosting friends and family in a setting that feels like a permanent getaway. Whether you're searching for a second home or a private coastal escape, 5706 South Lagoon delivers a turnkey waterfront lifestyle that's ready to be enjoyed from day one.

Pool Features

Inground: Yes
Saltwater: Yes
Waterfall: Yes

More Information

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven – Gas: Yes
Range – Gas: Yes
Range Hood: Yes
Refrigerator: Yes
Warming Drawer: Yes
Washer: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Vaulted: Yes
Floor – Hardwood: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Lighting – Track: Yes
Security System: Yes
Stairs: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Vinyl: Yes

Exterior

Balcony: Yes
Columns: Yes
Deck Open: Yes
Fire Pit: Yes
Shower: Yes
Porch Covered: Yes
Sprinkler System: Yes

Waterfront Feature

Boat Slip: Yes
Boatlift: Yes
Dock: Yes
Bulkhead/Seawall: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Partially: Yes

Lot Features

Landscaped: Yes
Near Beach Access: Yes
Near Public Boat Ramp: Yes
Waterfront: Yes

Lot Access

Paved Road: Yes

Parking Features

Driveway: Yes
Golf Cart Garage: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Shower Only: Yes
MBath Walk-In Closet: Yes
MBed Balcony: Yes
MBed First Floor: Yes
MBed Waterfront: Yes

Rooms

Bedroom: Yes
Master Bedroom: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Private Well: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Lagoon: Yes

Sale Type

As Is: Yes

Waterfront Type

Lagoon/Estuary: Yes

Master Bedroom

First: Yes
Second: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes

Security Features

Security System: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven – Gas; Range – Gas; Range Hood; Refrigerator; Warming Drawer; Washer Master Bedroom: First; Second Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony; Columns; Deck Open; Fire Pit; Shower; Porch Covered; Sprinkler System Financing: Cash; Conventional Furnished: Partially Lot Features: Landscaped; Near Beach Access; Near Public Boat Ramp; Waterfront Lot Access: Paved Road Pool Features: Inground; Saltwater; Waterfall Security Features: Security System Parking Features: Driveway; Golf Cart Garage Rooms: Bedroom; Master Bedroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Garbage; Natural Gas – Connected; Private Well; Public Sewer – Connected; Public Water – Connected Waterfront Type: Lagoon/Estuary Waterfront Feature: Boat Slip; Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall Waterview: Lagoon

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	15 x 13	15.00	13.00
Bedroom	First	13 x 13	13.00	13.00
Master Bedroom	Second	14 x 13	14.00	13.00
Bedroom	Second	9 x 12	9.00	12.00

Listing Office: Counts Real Estate Group Inc

Last Updated: April – 15 – 2026

Information deemed reliable but not guaranteed.