7005 S Lagoon Drive, Panama City Beach, FL 32408
New Listing
$425,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,156
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$425,000
List Date:
6/14/2026
Last Modified:
6/14/2026
Overview
Description
…
(Read more)
Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ”Guest Favorite,” this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you’ll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you’re looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.
Listing Details MLS# 791330
Contract Info
- List Price/SqFt
- 367.65
Location
- Area
- 03 – Bay County – Beach
- Street #
- 7005
- 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 13
- Community/Resort
- Holiday Beach
- Waterfront
- No
- Parcel ID
- 30808-070-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- From Thomas Drive go North on Venus St to the end, right on South Lagoon.
- Legal Description
- HOLIDAY BEACH UNIT #13 LOT 9 BLK W ORB 4797 P 1644
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Beach House
- Apx SqFt(Htd/Cooled)
- 1156
- SqFt Source
- Prop App Site
- Full Baths
- 2
- Total Baths
- 2
- # of Stories in Building
- Yes
- Year Built
- 1978
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 55.0 ft x 117.0 ft
- Acreage
- 0.14
- Lot Size (SqFt)
- 6098
- Pool
- No
Listing Info, Tax and Legal
- Homestead
- No
- HOA Fee
- No
- New Buyer Fee
- No
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range – Electric
- Yes
- Refrigerator
- Yes
- Washer
- Yes
- Water Heater – Electric
- Yes
More Information
Interior Features
- Breakfast Bar
- Yes
- Floor – Vinyl Plank
- Yes
Construction/Siding
- Brick
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Metal
- Yes
Exterior
- Fenced Back Yard
- Yes
- Patio Covered
- Yes
- Patio Open
- Yes
- Porch Open
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Furnished
- Furnished
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
Lot Features
- Landscaped
- Yes
- Near Beach Access
- Yes
Parking Features
- Driveway
- Yes
- Oversized
- Yes
Present Zoning
- Resid Single Family
- Yes
Rooms
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
Showing
- ShowingTime
- Yes
Utilities
- Public Water – Connected
- Yes
- Septic Tank
- Yes
Primary Bedroom
- First
- Yes
Bedroom
- First
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Primary Bdrm/Primary Bath
- MBath Shower Only
- Yes
Security Features
- Smoke Detector(s)
- Yes
Property Features
Appliances:
Dishwasher; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric
Primary Bedroom:
First
Bedroom:
First
Cooling:
Central Air; Electric
Heating:
Central; Electric
Exterior:
Fenced Back Yard; Patio Covered; Patio Open; Porch Open
Financing:
Cash; Conventional; FHA; VA
Furnished:
Furnished
Kitchen:
First
Living Room:
First
Lot Features:
Landscaped; Near Beach Access
Security Features:
Smoke Detector(s)
Parking Features:
Driveway; Oversized
Rooms:
Bedroom; Kitchen; Living Room; Primary Bedroom
Showing:
ShowingTime
Utilities:
Public Water – Connected; Septic Tank
Present Zoning:
Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Living Room | First | 17 x 15 | 17.00 | 15.00 |
| Kitchen | First | 15 x 15 | 15.00 | 15.00 |
| Master Bedroom | First | 14 x 11 | 14.00 | 11.00 |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 |
| Bedroom | First | 11 x 9 | 11.00 | 9.00 |
Listing Office:
Keller Williams Success Realty
Last Updated: June – 14 – 2026
Information deemed reliable but not guaranteed.