7202 S Lagoon Drive, Panama City, FL 32408 (MLS# 795857)

7202 S Lagoon Drive, Panama City, FL 32408

New Listing

$895,000

3-web-or-mls-PANHANDLE - 7202 S LAGOON D

1-web-or-mls-PANHANDLE - 7202 S LAGOON D

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4-web-or-mls-PANHANDLE - 7202 S LAGOON D

5-web-or-mls-PANHANDLE - 7202 S LAGOON D

6-web-or-mls-PANHANDLE - 7202 S LAGOON D

7-web-or-mls-PANHANDLE - 7202 S LAGOON D

8-web-or-mls-PANHANDLE - 7202 S LAGOON D

9-web-or-mls-PANHANDLE - 7202 S LAGOON D

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,362 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $895,000 List Date: 9/25/2026 Last Modified: 9/25/2026

Overview

Description

Grand Lagoon waterfront living with Gulf access! Located at 7202 S. Lagoon Drive in Panama City Beach, this 3-bedroom, 4-bath home offers approximately 2,362 square feet and a setting made for enjoying life on the water. The home features a fully equipped kitchen, spacious living areas, and a primary bedroom with an en suite bath and walk-in closet. An upper balcony and lower covered deck overlook the lagoon, providing plenty of space to relax, entertain, or simply enjoy the waterfront setting. The home has also been freshly painted throughout, with new carpet installed in the carpeted areas, giving the interior a fresh, move-in-ready feel for its new owner. Boaters will appreciate the location on Grand Lagoon with direct access toward St. Andrews Bay and the Gulf. The property also includes a double attached garage, ample driveway parking, and a lot extending approximately 130 feet from S. Lagoon Drive toward the water. The existing home and dock configuration are also reflected on th … (Read more) Grand Lagoon waterfront living with Gulf access! Located at 7202 S. Lagoon Drive in Panama City Beach, this 3-bedroom, 4-bath home offers approximately 2,362 square feet and a setting made for enjoying life on the water. The home features a fully equipped kitchen, spacious living areas, and a primary bedroom with an en suite bath and walk-in closet. An upper balcony and lower covered deck overlook the lagoon, providing plenty of space to relax, entertain, or simply enjoy the waterfront setting. The home has also been freshly painted throughout, with new carpet installed in the carpeted areas, giving the interior a fresh, move-in-ready feel for its new owner. Boaters will appreciate the location on Grand Lagoon with direct access toward St. Andrews Bay and the Gulf. The property also includes a double attached garage, ample driveway parking, and a lot extending approximately 130 feet from S. Lagoon Drive toward the water. The existing home and dock configuration are also reflected on the property survey. Adding further perspective to this Grand Lagoon location, the vacant waterfront lot next door sold for $699,000 in April 2026. That neighboring sale provides an interesting point of reference for the value placed on waterfront land along this stretch of S. Lagoon Drive. The location adds another dimension to the property. Grand Lagoon is known as Panama City Beach’s ”Gateway to the Gulf,” with boating, fishing, sightseeing cruises, paddleboarding and other water activities close at hand. Visit Panama City Beach Nearby St. Andrews State Park offers Gulf beaches, swimming, snorkeling, fishing, paddling and access to Shell Island. Visit Panama City Beach The Thomas Drive/Grand Lagoon area also puts local favorites such as Capt. Anderson’s | Restaurant & Waterfront Market and The Grand Marlin nearby, along with marinas, charter fishing, dolphin cruises and other waterfront activities. Whether you’re looking for a primary residence, beach getaway, or a home base for boating and fishing, 7202 S. Lagoon Drive combines waterfront living with convenient access to many of the experiences that make Panama City Beach special. Thank you for considering this home!

Listing Details MLS# 795857

Contract Info

List Price/SqFt: 378.92

Location

Area: 03 – Bay County – Beach
Street #: 7202
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 11
Community/Resort: Holiday Beach
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30799-040-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the intersection of Thomas Drive and Venus Street, travel north on Venus Street to S. Lagoon Drive. Turn left (west) onto S. Lagoon Drive. 7202 S. Lagoon Drive will be on the right.
Legal Description: Lot 86, Block ''A'' Holiday Beach Unit Eleven as per plat thereof recorded in Plat Book 10, Page 95 in the Public Records of Bay County, Florida.

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2362
SqFt Source: Prop App Site
Full Baths: 4
Total Baths: 4
# of Stories in Building: 2
Accessory Dwelling Unit: No
Year Built: 1981
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 2
Lot Dimensions: 53.0 ft x 130.0 ft
Acreage: 0.16
Lot Size (SqFt): 6534
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 3117.29
Last Tax Year: 2025
Lot: 86
Block: A
Brokerage Interest: No Interest
Section: 8
Township: 4S
Range: 15W

Remarks & Misc

Remarks: Grand Lagoon waterfront living with Gulf access! Located at 7202 S. Lagoon Drive in Panama City Beach, this 3-bedroom, 4-bath home offers approximately 2,362 square feet and a setting made for enjoying life on the water. The home features a fully equipped kitchen, spacious living areas, and a primary bedroom with an en suite bath and walk-in closet. An upper balcony and lower covered deck overlook the lagoon, providing plenty of space to relax, entertain, or simply enjoy the waterfront setting. The home has also been freshly painted throughout, with new carpet installed in the carpeted areas, giving the interior a fresh, move-in-ready feel for its new owner. Boaters will appreciate the location on Grand Lagoon with direct access toward St. Andrews Bay and the Gulf. The property also includes a double attached garage, ample driveway parking, and a lot extending approximately 130 feet from S. Lagoon Drive toward the water. The existing home and dock configuration are also reflected on the property survey. Adding further perspective to this Grand Lagoon location, the vacant waterfront lot next door sold for $699,000 in April 2026. That neighboring sale provides an interesting point of reference for the value placed on waterfront land along this stretch of S. Lagoon Drive. The location adds another dimension to the property. Grand Lagoon is known as Panama City Beach's ''Gateway to the Gulf,'' with boating, fishing, sightseeing cruises, paddleboarding and other water activities close at hand. Visit Panama City Beach Nearby St. Andrews State Park offers Gulf beaches, swimming, snorkeling, fishing, paddling and access to Shell Island. Visit Panama City Beach The Thomas Drive/Grand Lagoon area also puts local favorites such as Capt. Anderson's | Restaurant & Waterfront Market and The Grand Marlin nearby, along with marinas, charter fishing, dolphin cruises and other waterfront activities. Whether you're looking for a primary residence, beach getaway, or a home base for boating and fishing, 7202 S. Lagoon Drive combines waterfront living with convenient access to many of the experiences that make Panama City Beach special. Thank you for considering this home!

Covered Porch

First: Yes
Second: Yes

More Information

Dining Room

Second: Yes

Family Room

Second: Yes

Garage

First: Yes

Sitting Room

First: Yes

Utility Room

First: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range – Gas: Yes
Refrigerator: Yes

Interior Features

Ceiling – Cathedral: Yes
Fireplace: Yes
Floor – Laminate: Yes
Floor – Tile: Yes
Pantry: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Metal: Yes
Siding – Vinyl: Yes
Trim – Vinyl: Yes
Trim – Wood: Yes

Exterior

Deck Covered: Yes
Deck Open: Yes
Fenced Lot-Part: Yes
Sprinkler System: Yes

Waterfront Feature

Dock: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

Second: Yes

Lot Features

Subdivision – Recorded: Yes
Waterfront: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes
Garage Door Opener: Yes

Rooms

Bedroom: Yes
Covered Porch: Yes
Dining Room: Yes
Family Room: Yes
Full Bathroom: Yes
Garage: Yes
Kitchen: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes
Sitting Room: Yes
Utility Room: Yes

Showing

ShowingTime: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Internet – Broadband Available: Yes
Public Water – Connected: Yes
Septic Tank: Yes

Waterview

Lagoon: Yes

Full Bathroom

First: Yes
Second: Yes

Waterfront Type

Lagoon/Estuary: Yes

Primary Bedroom

Second: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Mini-Split/Ductless: Yes

Heating

Electric: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tub – Soaking: Yes
MBed Walk-in Closet: Yes

Primary Bathroom

Second: Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Gas; Refrigerator Full Bathroom: First; Second Primary Bedroom: Second Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Mini-Split/Ductless Heating: Electric Exterior: Deck Covered; Deck Open; Fenced Lot-Part; Sprinkler System Financing: Cash; Conventional Furnished: Unfurnished Interior: Floor – Carpet Kitchen: Second Lot Features: Subdivision – Recorded; Waterfront Lot Access: City Street; Paved Road Primary Bathroom: Second Covered Porch: First; Second Dining Room: Second Family Room: Second Garage: First Sitting Room: First Utility Room: First Parking Features: Driveway; Garage Attached; Garage Door Opener Rooms: Bedroom; Covered Porch; Dining Room; Family Room; Full Bathroom; Garage; Kitchen; Primary Bathroom; Primary Bedroom; Sitting Room; Utility Room Showing: ShowingTime Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; Natural Gas – Connected; Public Water – Connected; Septic Tank Waterfront Type: Lagoon/Estuary Waterfront Feature: Dock Waterview: Lagoon

Room Information

Room Name	Level	Dimensions	Length	Width
Family Room	Second	20 x 13	20.00	13.00
Dining Room	Second	17 x 10	17.00	10.00
Kitchen	Second	14 x 14	14.00	14.00
Primary Bedroom	Second	25 x 21	25.00	21.00
Primary Bathroom	Second	11 x 11	11.00	11.00
Full Bathroom	Second
Bedroom	First	19 x 14	19.00	14.00
Bedroom	First	23 x 14	23.00	14.00
Sitting Room	First	9 x 8	9.00	8.00
Utility Room	First	12 x 5	12.00	5.00
Full Bathroom	First
Full Bathroom	First
Garage	First	29 x 21	29.00	21.00
Covered Porch	Second	27 x 7	27.00	7.00
Covered Porch	First	39 x 8	39.00	8.00

Listing Office: ERA Neubauer Real Estate, Inc

Last Updated: September – 25 – 2026

Information deemed reliable but not guaranteed.