8504 N Lagoon Drive, Panama City, FL 32408

$245,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,303 Status: Sold
Current Price: $245,000 List Date: 4/23/2026 Last Modified: 6/25/2026

Overview

Description

Short-Term Rentals Allowed! Ideally located in the heart of Panama City Beach, this property presents a strong opportunity for investors or buyers looking to add value–with no HOA fees and sold furnished for convenience. The layout offers 2 bedrooms plus a flex room currently utilized as a 3rd bedroom, maximizing rental potential. Both the primary bedroom and living area provide direct access to a private, fenced backyard, featuring an expansive deck ideal for entertaining or accommodating guests. Durable LVP flooring throughout offers a low-maintenance option–perfect for beach living and rental turnover. Located approximately 1 mile from public beach access, this property is perfectly positioned for enjoying the Gulf while remaining close to shopping, dining, and popular local attractions. Parking includes two spaces directly in front of the unit, with additional parking available along the common drive off N. Lagoon. Buyer to verify all measurements if important.

Listing Details MLS# 788771

Contract Info

List Price/SqFt
195.7

Location

Area
03 – Bay County – Beach
Street #
8504
Street Direction
N
Street Name
Lagoon
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
Grand Lagoon Shores 7
Community/Resort
Grand Lagoon Shores
Waterfront
No
Parcel ID
30188-263-001
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
Hwy 98, South on Joan Ave, left on N Lagoon.
Legal Description
GRAND LAGOON SHORES UNIT 7 W 30' LOT 5 BLK F (5.01) ORB 4578 P 1188

General Property Info

Sub-Type
Attached Single Unit
Design
Patio Home
Apx SqFt(Htd/Cooled)
1303
SqFt Source
An Appraiser
Full Baths
2
Total Baths
2
Year Built
1984
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
0x0
Pool
No

Status Change Info

Under Contract Date
2026-05-22
Sold Date
2026-06-25
Sold Price/SqFt
188.03

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
2922
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Short-Term Rentals Allowed! Ideally located in the heart of Panama City Beach, this property presents a strong opportunity for investors or buyers looking to add value–with no HOA fees and sold furnished for convenience. The layout offers 2 bedrooms plus a flex room currently utilized as a 3rd bedroom, maximizing rental potential. Both the primary bedroom and living area provide direct access to a private, fenced backyard, featuring an expansive deck ideal for entertaining or accommodating guests. Durable LVP flooring throughout offers a low-maintenance option–perfect for beach living and rental turnover. Located approximately 1 mile from public beach access, this property is perfectly positioned for enjoying the Gulf while remaining close to shopping, dining, and popular local attractions. Parking includes two spaces directly in front of the unit, with additional parking available along the common drive off N. Lagoon. Buyer to verify all measurements if important.

More Information

Appliances

Range – Electric
Yes
Refrigerator
Yes
Water Heater – Electric
Yes

Exterior

Patio Covered
Yes

Furnished

Furnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Property Features

Appliances: Range – Electric; Refrigerator; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Central Exterior: Patio Covered Furnished: Furnished Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Primary Bedroom Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom First 15 x 12 15.00 12.00
Bedroom First 11 x 10 11.00 10.00
Bedroom First 10 x 8 10.00 8.00
Living Room First 10 x 10 10.00 10.00
Kitchen First 15 x 10 15.00 10.00
Listing Office: Think Real Estate
Last Updated: June – 25 – 2026
Information deemed reliable but not guaranteed.