7425 S Lagoon Drive, Panama City, FL 32408

$850,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,386 Lot Size (sq. ft.): 15,333 Status: Active
Current Price: $850,000 List Date: 8/27/2025 Last Modified: 2/28/2026

Description

Welcome to a home that feels like a breath of fresh air. This beautifully cared-for 3-bedroom, 2-bathroom property sits on a spacious double lot that gives you room to live, relax, and create memories. There’s a charming detached cottage with its own full bathroom, perfect for guests, extended family, or a little extra rental income. Inside the main home, you’ll find modern updates throughout the kitchen and bathrooms that make daily living feel easy and comfortable. The two-car garage offers plenty of storage and includes a laundry area, plus there’s a convenient laundry closet inside the home too. Step outside and you’ll see why this home stands out. The large yard, swim spa, boat barn, and shed give you space to unwind, work on projects, or just enjoy time outdoors. There’s even a well for irrigation to keep the landscaping looking lush all year long. Located just over half a mile from the public boat launch, this home is ideal for anyone who loves the water. It has been enjoyed as both a second home and a vacation rental, giving you flexibility as a full-time residence, getaway, or income-producing property. Rental history is available upon request. With its updated interior, unique outdoor features, and location close to everything Panama City Beach has to offer, this home is truly a rare find.

More Information MLS# 778203

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 5750 Last Tax Year: 2024 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 613.28 Status: Active List Date: 2025-07-16 List Price: $850,000 Current Price: $850,000

Location

Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: Holiday Beach Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Thomas Dr. to North on Utes Street (almost across from En Soleil Condo) Veer Right on sunset. Veer left on S. Lagoon Dr. House on Right. Area: 03 – Bay County – Beach Street #: 7425 Street Direction: S Street Name: Lagoon Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Holiday Beach Unit 16 Parcel ID: 30808-394-000 Legal Description: HOLIDAY BEACH UNIT #16 LOTS 1 & 16 BLK 15 ORB 3224 P 873

General Property Info

Acreage: 0.35 Design: Beach House Lot Size (SqFt): 15333 Apx SqFt(Htd/Cooled): 1386 Construction Status: Construction Complete SqFt Source: Prop App Site Lot Dimensions: 115X75x90x75 New Construction: No Garage Y/N: Yes Garage Spaces: 1 Pool: Yes Pool Type: Private Sub-Type: Detached Single Family Bedrooms: 3 Full Baths: 2 Total Baths: 2 Year Built: 1989

Remarks & Misc

Remarks: Welcome to a home that feels like a breath of fresh air. This beautifully cared-for 3-bedroom, 2-bathroom property sits on a spacious double lot that gives you room to live, relax, and create memories. There’s a charming detached cottage with its own full bathroom, perfect for guests, extended family, or a little extra rental income. Inside the main home, you’ll find modern updates throughout the kitchen and bathrooms that make daily living feel easy and comfortable. The two-car garage offers plenty of storage and includes a laundry area, plus there’s a convenient laundry closet inside the home too. Step outside and you’ll see why this home stands out. The large yard, swim spa, boat barn, and shed give you space to unwind, work on projects, or just enjoy time outdoors. There’s even a well for irrigation to keep the landscaping looking lush all year long. Located just over half a mile from the public boat launch, this home is ideal for anyone who loves the water. It has been enjoyed as both a second home and a vacation rental, giving you flexibility as a full-time residence, getaway, or income-producing property. Rental history is available upon request. With its updated interior, unique outdoor features, and location close to everything Panama City Beach has to offer, this home is truly a rare find.

Furnished

Negotiable: 1

Rooms

Bedroom: 1 Master Bedroom: 1

Utilities

Electricity – Connected: 1 Public Water – Connected: 1 Septic Tank: 1

Master Bedroom

First: 1

Bedroom

First: 1

Property Features

Master Bedroom: First Bedroom: First Furnished: Negotiable Rooms: Bedroom; Master Bedroom Utilities: Electricity – Connected; Public Water – Connected; Septic Tank

Room Information

Master Bedroom Level: First Dimensions: 16 x 12 Length: 16.00 Width: 12.00 Dimensions: 16 x 12 Bedroom Level: First Dimensions: 16 x 11 Length: 16.00 Width: 11.00 Dimensions: 16 x 11 Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12
Listing Office: Beachy Beach Real Estate
Last Updated: February – 28 – 2026
Information deemed reliable but not guaranteed.