7107 S Lagoon Drive, Panama City, FL 32408 (MLS# 778987)

Currently under contract, Seller is accepting back up offers. Custom, coastal luxury is defined in this truly exceptional new construction, custom home WITH A PRIVATE POOL in Panama City Beach, Florida projected to bring in $86K in rental income! This is not your average new build—this is a stunning fusion of mid-century modern, coastal design and refined southern charm, crafted for those who seek elevated style with NO HOA and standout investment potential! Every inch of this home is a showcase of superior craftsmanship and thoughtful detail by a locally renowned quality home builder. Whether you’re searching for a high-performing vacation rental, a stylish second home, or a one-of-a-kind primary residence, this property offers unmatched value, lifestyle, and return on investment. Positioned just three blocks from the sugar-white sands of Panama City Beach, this East End location places you across from the waters of the Lagoon giving access to the Bay and Gulf of America which is ideal for boating, fishing, and trips to the idyllic Shell Island. The extended driveway has room for your boat or watercraft, with public ramps only blocks away! Best of all—there’s no HOA to limit your lifestyle and rewards you with higher ROI with having lower holding costs for investment. Step outside to a fully fenced backyard oasis with PRIVATE POOL built for the Florida lifestyle: custom paver patio, multiple pergolas for lounging and grilling, and ample green space for entertainment! Whether entertaining, renting, or relaxing—this backyard is the heart of beach life. Spanning just under 2,200 square feet, this 4-bedroom, 3.5-bath luxury home includes a 1-car garage, large covered patio and a versatile layout tailored for both personal enjoyment and high-performing vacation rental income, projected at $86K+ annually. This open concept home boasts luxury vinyl plank flooring throughout, a consistent color palette with designer tile and custom wallpaper accents, and high end finishes such as Quartz countertops, custom white oak cabinetry, tongue and groove ceilings and designer lighting. The kitchen is made for entertaining and a large living and dining are with French doors lead to a full-width covered patio —perfect for morning coffee or evening cocktails after the beach. Three bedrooms and two full bathrooms on the lower level offer comfort and flexibility, including a built-in bunk room kids will love while the upper level has the primary suite and a convenient powder room. The oversized primary suite is a serene escape featuring a tongue-and-groove tray ceiling, custom built-in closet, designer sconces and a spa-worthy en suite with white oak vanity, and a mid-century modern stunning walk-in shower. A highly desired garage is also crucial at the beach and in this location around the corner from the boat ramp. You’ll love the additional storage for beach chairs and umbrellas, pool floats, fishing rods and reels and even a golf cart! The clever under-stair storage inside is also ideal as an owner’s closet for rentals or for additional storage of beach gear! Rick Seltzer Park is 3 blocks away and an excellent public beach access for this home with plenty of parking, restrooms and showers! This home is also within excellent proximity to local restaurants, shops, and entertainment, this home is more than just a place to stay—it’s a destination in itself. You’ll love sunset dinners at Schooners, playing mini golf at Coconut Creek, visiting Ripley’s Believe it or Not on rainy days and fish tacos at Finn’s! Don’t miss your chance to own a rare, custom-built gem in one of the most desirable and fastest-growing areas of Panama City Beach. Private Pool is being installed and under construction now!