8520 N Lagoon Drive, Panama City, FL 32408

$255,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,542 Status: Sold
Current Price: $255,000 List Date: 12/10/2025 Last Modified: 5/29/2026

Overview

Description

No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach—less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: • No HOA: Flexibility, freedom, and lower overhead. • Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. • 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. • 2 Full Baths: Convenience for guests and personal use. • Turnkey Investment: A cozy, coastal escape th

Listing Details MLS# 782549

Contract Info

List Price/SqFt
171.85

Location

Area
03 – Bay County – Beach
Street #
8520
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 1
Community/Resort
Grand Lagoon Shores
Waterfront
No
Parcel ID
30188-269-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
from Joan Ave head east on N Lagoon on left just after Laurie about 6 homes will be a row of townhomes
Legal Description
GRAND LAGOON SHORES UNIT 7 BEG 30.14' SELY FROM NW COR LOT 8 TH CONT SELY 30' SWLY 85 ' NWLY 30' NELY 85' TO POB AKA UNIT #2 TAMARAC TOWNHOUSES B-F (8.02) ORB 4576 P 1267

General Property Info

Sub-Type
Attached Single Unit
Design
Townhome
Apx SqFt(Htd/Cooled)
1542
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Year Built
1984
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
30×130
Pool
No

Status Change Info

Under Contract Date
2026-05-09
Sold Date
2026-05-29
Sold Price/SqFt
165.37

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
2760
Last Tax Year
2024
Brokerage Interest
No Interest

Remarks & Misc

Remarks
No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach—less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: • No HOA: Flexibility, freedom, and lower overhead. • Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. • 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. • 2 Full Baths: Convenience for guests and personal use. • Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. • Perfect for a Second Home: Use it when you want—earn income when you're away. A rare, no-HOA opportunity this close to the beach doesn't come around often. Your coastal investment—and personal retreat—awaits.

More Information

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Furnished

Furnished
Yes

Rooms

Bedroom
Yes
Master Bedroom
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Sale Type

As Is
Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Furnished: Furnished Rooms: Bedroom; Master Bedroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Dimensions Length Width
Master Bedroom 15 x 12 15.00 12.00
Bedroom 11 x 10 11.00 10.00
Listing Office: Dalton Wade Inc
Last Updated: May – 29 – 2026
Information deemed reliable but not guaranteed.