5733 S Lagoon Drive, Panama City Beach, FL 32408

New Listing
$299,000
Property Type: Residential Land Lot Size (sq. ft.): 5,500 Status: Active
Current Price: $299,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

Welcome to the rare opportunity to own a premier building lot in Panama City Beach’s sought-after South Lagoon neighborhood! Perfect for developers, builders, or anyone dreaming of a custom waterfront home, this lot is walking distance to two public lagoon accesses and the Dolphin Drive boat ramp with dock–ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm, it’s just blocks to Gulf beaches, top restaurants, lively bars, and PCB attractions, plus a short drive to St. Andrews State Park (fishing pier, nature trails, snorkeling) and Navy Support Center. This unbeatable location offers relaxed coastal living with easy access to everything that makes Panama City Beach special–don’t miss your chance to build in one of Florida’s most desirable communities!

Listing Details MLS# 786500

Contract Info

List Price/Acre
2300000

Location

Street #
5733
Street Direction
S
Street Name
Lagoon
Street Suffix
Drive
Area
03 – Bay County – Beach
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Biltmore Beach 1st Add
Community/Resort
None
Waterfront
No
Parcel ID
32036-010-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
West on Thomas Drive, Right on Dolphin Drive, Right on South Lagoon, Property on the right. Property is Fenced with a shed.
Legal Description
BILTMORE BEACH 1ST ADD LOT 8 BLK E ORB 3315 P 1544

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
50 x 110
Acreage
0.13
Lot Size (SqFt)
5500

Listing Info, Tax & Legal

HOA Fee
No
Is Subject Leased
No
New Buyer Fee
No
Last Taxes
1196
Last Tax Year
2025
Brokerage Interest
Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.
As Is
Yes
Lot
8
Block
E
Section
16
Township
4S
Range
15W

Remarks & Misc

Remarks
Welcome to the rare opportunity to own a premier building lot in Panama City Beach's sought-after South Lagoon neighborhood! Perfect for developers, builders, or anyone dreaming of a custom waterfront home, this lot is walking distance to two public lagoon accesses and the Dolphin Drive boat ramp with dock–ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm, it's just blocks to Gulf beaches, top restaurants, lively bars, and PCB attractions, plus a short drive to St. Andrews State Park (fishing pier, nature trails, snorkeling) and Navy Support Center. This unbeatable location offers relaxed coastal living with easy access to everything that makes Panama City Beach special–don't miss your chance to build in one of Florida's most desirable communities!

Office/Member Info

Seller Concessions
No

More Information

Other Structures

Shed(s)
Yes

Financing

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Interior Lot
Yes
Near Beach Access
Yes
Near Public Boat Ramp
Yes
Within 1/2 Mile to Water
Yes

Lot Access

County Road
Yes
Paved Road
Yes

Present Zoning

County
Yes
Resid Single Family
Yes

Utilities

Electricity – Connected
Yes
Water Connected
Yes
Septic – Needed
Yes

Waterview

Lagoon
Yes

Sale Type

As Is
Yes

Property Features

Financing: Cash; Conventional Lot Access: County Road; Paved Road Lot Features: Cleared; Interior Lot; Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water Other Structures: Shed(s) Sale Type: As Is Utilities: Electricity – Connected; Water Connected; Septic – Needed Waterview: Lagoon Present Zoning: County; Resid Single Family
Listing Office: Coastal Real Estate Group, Inc
Last Updated: June – 22 – 2026
Information deemed reliable but not guaranteed.