7122 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 791341)

7122 S Lagoon Drive, Panama City Beach, FL 32408

New Listing

$1,200,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,139 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $1,200,000 List Date: 6/15/2026 Last Modified: 6/15/2026

Overview

Description

Don’t miss this spacious waterfront brick home on two lots with 100 feet of waterfront on South Lagoon–a rare find with deep water and Gulf access. This property offers the ultimate waterfront lifestyle with a boat dock, boathouse with electric lift, hurricane shutters, a 12×28 waterfront deck, and an enclosed Florida room overlooking the water. Inside, the home features generously sized rooms, including an office, eat-in kitchen, dining room, formal living room, family room with fireplace, and 3 full baths. The primary bedroom overlooks the lagoon and includes 3 closets, while the additional bedrooms offer 2 large closets each. There is also an oversized garage with workshop space, tons of storage, a sink in the enclosed sunroom, separate RV or boat parking with its own drive, and a separate outbuilding. Located on a double lot, the property also offers future potential–the residence may be torn down and the lots split per the county. Please bring all offers!

Listing Details MLS# 791341

Contract Info

List Price/SqFt: 561.01

Location

Area: 03 – Bay County – Beach
Street #: 7122
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: 30799-010-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Thomas Drive to North on Holiday Dr. Follow to South Lagoon Drive, left on South Lagoon Drive, property is on the right. See sign.
Legal Description: HOLIDAY BEACH UNIT #11 LOTS 83 & 84 BLK A ORB 1991 P 317

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 2139
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
Year Built: 1977
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 100.0 ft x 140.0 ft
Acreage: 0.32
Lot Size (SqFt): 13939
Pool: No

Waterfront Feature

Waterfront Feet: 100
Boatlift: Yes
Dock: Yes
Bulkhead/Seawall: Yes

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 13141.7
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Don't miss this spacious waterfront brick home on two lots with 100 feet of waterfront on South Lagoon–a rare find with deep water and Gulf access. This property offers the ultimate waterfront lifestyle with a boat dock, boathouse with electric lift, hurricane shutters, a 12×28 waterfront deck, and an enclosed Florida room overlooking the water. Inside, the home features generously sized rooms, including an office, eat-in kitchen, dining room, formal living room, family room with fireplace, and 3 full baths. The primary bedroom overlooks the lagoon and includes 3 closets, while the additional bedrooms offer 2 large closets each. There is also an oversized garage with workshop space, tons of storage, a sink in the enclosed sunroom, separate RV or boat parking with its own drive, and a separate outbuilding. Located on a double lot, the property also offers future potential–the residence may be torn down and the lots split per the county. Please bring all offers!

More Information

Dining Room

First: Yes

Family Room

First: Yes

Garage

First: Yes

Sun Room

First: Yes

Utility Room

First: Yes

Appliances

Dishwasher: Yes
Freezer: Yes
Range – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Beamed: Yes
Fireplace: Yes
Pantry: Yes

Construction/Siding

Brick: Yes
Foundation – Slab on Grade: Yes
Roof – Composite Shngl: Yes

Exterior

Deck Open: Yes
Fenced Lot-Part: Yes
Hurricane Shutters: Yes
Patio Enclosed: Yes
Patio Open: Yes
Porch Covered: Yes

Other Structures

Boat House: Yes
Outbuilding: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Waterfront: Yes
Will Divide: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes
Boat: Yes
Driveway: Yes
Garage Attached: Yes
Oversized: Yes
Paved: Yes
RV Access/Parking: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Family Room: Yes
Full Bathroom: Yes
Garage: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes
Sun Room: Yes
Utility Room: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Public Water – Connected: Yes
Septic Tank: Yes

Waterview

Lagoon: Yes
Unobstructed: Yes

Full Bathroom

First: Yes

Waterfront Type

Lagoon/Estuary: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Electric: Yes
Fireplace(s): Yes

Primary Bdrm/Primary Bath

MBath Shower Only: Yes
MBed First Floor: Yes
MBed Waterfront: Yes

Property Features

Appliances: Dishwasher; Freezer; Range – Electric; Refrigerator; Water Heater – Electric Full Bathroom: First Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric; Fireplace(s) Exterior: Deck Open; Fenced Lot-Part; Hurricane Shutters; Patio Enclosed; Patio Open; Porch Covered Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Waterfront; Will Divide; Within 1/2 Mile to Water Lot Access: Paved Road Dining Room: First Family Room: First Garage: First Sun Room: First Utility Room: First Parking Features: Additional Parking; Boat; Driveway; Garage Attached; Oversized; Paved; RV Access/Parking Other Structures: Boat House; Outbuilding Rooms: Bedroom; Dining Room; Family Room; Full Bathroom; Garage; Kitchen; Living Room; Primary Bedroom; Sun Room; Utility Room Utilities: Cable – Available; Electricity – Connected; Public Water – Connected; Septic Tank Waterfront Type: Lagoon/Estuary Waterfront Feature: Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall Waterview: Lagoon; Unobstructed Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	18 x 13	18.00	13.00
Bedroom	First	15 x 12	15.00	12.00
Bedroom	First	13 x 11	13.00	11.00
Family Room	First	27 x 16	27.00	16.00
Dining Room	First	14 x 10	14.00	10.00
Kitchen	First	16 x 14	16.00	14.00
Living Room	First	14 x 14	14.00	14.00
Utility Room	First	12 x 8	12.00	8.00
Garage	First	21 x 26	21.00	26.00
Full Bathroom	First	5 x 8	5.00	8.00
Full Bathroom	First	8 x 7	8.00	7.00
Full Bathroom	First	10 x 5	10.00	5.00
Sun Room	First	24 x 12	24.00	12.00

Listing Office: Beach House Sales and Development

Last Updated: June – 15 – 2026

Information deemed reliable but not guaranteed.