5733 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 786500)

5733 S Lagoon Drive, Panama City Beach, FL 32408

$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: 9/03/2026

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 water view home. This lot is walking distance to two public lagoon access points. One access is ‘Dolphin Drive’ boat ramp which features a dock (for fishing) and public parking. This area is ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm. Jump in your golf cart and only a couple of blocks to Gulf Beach Access, top restaurants, lively bars, and PCB attractions. South Lagoon area is 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 water view home. This lot is walking distance to two public lagoon access points. One access is 'Dolphin Drive' boat ramp which features a dock (for fishing) and public parking. This area is ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm. Jump in your golf cart and only a couple of blocks to Gulf Beach Access, top restaurants, lively bars, and PCB attractions. South Lagoon area is 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: September – 03 – 2026

Information deemed reliable but not guaranteed.