7801 N Lagoon Drive, Panama City, FL 32408

New Listing
$4,000,000
Property Type: Residential Land Lot Size (sq. ft.): 109,902 Status: Active
Current Price: $4,000,000 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

THE CLOYSTER — A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites — 4 waterfront and 4 interior — creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers. Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless. With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB …

Listing Details MLS# 796272

Contract Info

List Price/Acre
1587301.59

Location

Street #
7801
Street Direction
N
Street Name
Lagoon
Street Suffix
Drive
Area
03 – Bay County – Beach
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
30578-000-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
From the Hathaway Bridge, head west into Panama City Beach on US-98, then turn left onto Navy Drive. Continue south on Navy Drive and turn right onto North Lagoon Drive. Follow North Lagoon Drive west to 7801 N Lagoon Drive. The development will be on your left.
Legal Description
8 4S 15W -23- 58D2 COMM AT INT OF N LI OF SEC WITH S R/W LI OF ST RD 392-A TH NWLY 329.68' FOR POB TH SW 575' (+/-) TO THE WATERS OF GRAND LAGOON TH NWLY 200'(+/-) NE 496'(+/-) TO S R/W LI OF ST RD 392-A SELY 190'(+/-) TO POB ORB 4584 P 1560

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
55.0 ft x 550.0 ft
Acreage
2.52
Lot Size (SqFt)
109902

Listing Info, Tax & Legal

HOA Fee
No
Brokerage Interest
Familial Interest – Listing Broker/Licensee related to owner.
As Is
Yes

Remarks & Misc

Remarks
THE CLOYSTER — A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites — 4 waterfront and 4 interior — creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers. Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless. With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB's most sought-after waterfront corridors. Eight residences, private pools, private boat slips, and Gulf access — a combination that is increasingly difficult to find.

Lot Features

Retention Pond
Yes
Riparian Rights
Yes
Site Plan
Yes
Survey Available
Yes
Waterfront
Yes
Within 1/2 Mile to Water
Yes

More Information

Association Amenities

Dock
Yes
Waterfront
Yes

Utilities

All Utilities
Yes
Natural Gas – Available
Yes
Public Sewer – Connected
Yes

Waterview

Lagoon
Yes

Sale Type

As Is
Yes

Waterfront Type

Lagoon/Estuary
Yes

Property Features

Lot Features: Retention Pond; Riparian Rights; Site Plan; Survey Available; Waterfront; Within 1/2 Mile to Water Sale Type: As Is Utilities: All Utilities; Natural Gas – Available; Public Sewer – Connected Waterfront Type: Lagoon/Estuary Waterview: Lagoon
Listing Office: EXP Realty LLC
Last Updated: October – 05 – 2026
Information deemed reliable but not guaranteed.