6722 S Lagoon Drive, Panama City, FL 32408

$1,185,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,720 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $1,185,000 List Date: 5/18/2026 Last Modified: 5/19/2026

Overview

Description

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon

Listing Details MLS# 790039

Contract Info

List Price/SqFt
435.66

Location

Area
03 – Bay County – Beach
Street #
6722
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
Holiday Beach Unit 1
Community/Resort
Holiday Beach
Waterfront
Yes
Gulf Access
Yes
Parcel ID
30619-000-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Thomas Drive turn North on Sabine St. Turn left on S Lagoon. West side of boat launch.
Legal Description
HOLIDAY BEACH UNIT #1 LOT 44 BLK A ORB 4329 P 892

General Property Info

Sub-Type
Multi Family
Design
N/A
Apx SqFt(Htd/Cooled)
2720
SqFt Source
Prop App Site
Full Baths
4
Half Baths
Yes
Total Baths
5
Year Built
1981
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Driveway Spaces
8
Lot Dimensions
40x210x70x191
Acreage
0.25
Lot Size (SqFt)
10890
Pool
No

Listing Info, Tax and Legal

Homestead
No
HOA Fee
No
Is Subject Leased
No
New Buyer Fee
No
Last Taxes
7993
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

Great Room

First
Yes
Second
Yes

More Information

Appliances

Dishwasher
Yes
Dryer
Yes
Range – Electric
Yes
Range Hood
Yes
Refrigerator
Yes
Washer
Yes

Interior Features

Floor – Vinyl Plank
Yes
Kitchen Island
Yes
Split Bedroom
Yes
Window – Treatment All
Yes

Construction/Siding

Roof – Metal
Yes
Siding – Hardie Board
Yes

Exterior

Balcony
Yes
Deck Covered
Yes

Waterfront Feature

Boat Launch
Yes
Boat Slip
Yes
Boatlift
Yes
Bulkhead/Seawall
Yes

Financing

Cash
Yes
Conventional
Yes
VA
Yes

Furnished

Furnished
Yes

Lot Access

City Street
Yes

Mstr Bath / Mstr Bdrm

MBath Shower Only
Yes
MBed Walk-in Closet
Yes

Rooms

Bedroom
Yes
Great Room
Yes
Master Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Lagoon
Yes

Sale Type

As Is
Yes

Waterfront Type

Lagoon/Estuary
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes
Third
Yes

Cooling

Central Air
Yes
Mini-Split/Ductless
Yes

Heating

Central
Yes
Mini-Split/Ductless
Yes

Property Features

Appliances: Dishwasher; Dryer; Range – Electric; Range Hood; Refrigerator; Washer Master Bedroom: Second Bedroom: First; Third Cooling: Central Air; Mini-Split/Ductless Heating: Central; Mini-Split/Ductless Exterior: Balcony; Deck Covered Financing: Cash; Conventional; VA Furnished: Furnished Lot Access: City Street Great Room: First; Second Rooms: Bedroom; Great Room; Master Bedroom Sale Type: As Is Showing: ShowingTime Utilities: Public Sewer – Connected; Public Water – Connected Waterfront Type: Lagoon/Estuary Waterfront Feature: Boat Launch; Boat Slip; Boatlift; Bulkhead/Seawall; Bulkhead/Seawall Waterview: Lagoon

Room Information

Room Name Level Dimensions Length Width Remarks
Master Bedroom Second 17 x 14 17.00 14.00 Main 3bed unit
Bedroom First 12 x 12 12.00 12.00 Lagoon Front Unit
Bedroom Third 15 x 13 15.00 13.00 Main 3bed unit
Bedroom Third 13 x 13 13.00 13.00 Main 3bed unit
Great Room Second 27 x 15 27.00 15.00 Main 3bed unit
Great Room First 17 x 13 17.00 13.00 Lagoon Front Unit
Listing Office: Beachy Beach Real Estate
Last Updated: May – 19 – 2026
Information deemed reliable but not guaranteed.