7122 S Lagoon Drive, Panama City Beach, FL 32408
$1,200,000
Property Type:
Residential Land
Lot Size (sq. ft.):
13,939
Status:
Active
Current Price:
$1,200,000
List Date:
6/15/2026
Last Modified:
6/19/2026
Listing Details MLS# 791342
Contract Info
- List Price/Acre
- 3750000
Location
- Street #
- 7122
- 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
- Holiday Beach Unit 1
- Community/Resort
- Holiday Beach
- Waterfront
- 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
- Residential Lots
- Lot Dimensions
- 100.0 ft x 140.0 ft
- Acreage
- 0.32
- Lot Size (SqFt)
- 13939
Waterfront Feature
- Waterfront Feet
- 100
- Bulkhead/Seawall
- Yes
Listing Info, Tax & Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 13141.7
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
- As Is
- Yes
Remarks & Misc
- Remarks
- Rare opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Opportunities like this are becoming increasingly difficult to find, especially with the flexibility and potential this property offers. The true value is in the land. Situated on two lots, this property offers the potential to renovate, rebuild, or redevelop. Per the county, the existing residence may be removed and the lots split, creating a unique opportunity for investors, builders, or those looking to create a custom waterfront estate. Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. With its prime South Lagoon location, expansive waterfront frontage, and development potential. Bring all offers. Opportunities to acquire a double waterfront lot with Gulf access in this location are rare. There is a home currently on the property. Home demolition to be performed by buyer.
More Information
Other Structures
- Boat House
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Near Beach Access
- Yes
- Near Public Boat Ramp
- Yes
- Waterfront
- Yes
- Will Divide
- Yes
- Within 1/2 Mile to Water
- Yes
Lot Access
- Paved Road
- Yes
Present Zoning
- Resid Single Family
- Yes
Utilities
- Electricity – Connected
- Yes
- Water Connected
- Yes
- Septic Tank
- Yes
Waterview
- Lagoon
- Yes
Waterfront Type
- Lagoon/Estuary
- Yes
Property Features
Financing:
Cash; Conventional
Lot Access:
Paved Road
Lot Features:
Near Beach Access; Near Public Boat Ramp; Waterfront; Will Divide; Within 1/2 Mile to Water
Other Structures:
Boat House
Utilities:
Electricity – Connected; Water Connected; Septic Tank
Waterfront Type:
Lagoon/Estuary
Waterview:
Lagoon
Present Zoning:
Resid Single Family
Listing Office:
Beach House Sales and Development
Last Updated: June – 19 – 2026
Information deemed reliable but not guaranteed.