8908 N Lagoon Drive, Panama City, FL 32408

New Listing
$499,900
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $499,900 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

This large lot fronts North Lagoon Drive and Polly Ave. Bay County Planning and zoning indicates the lot can be divided and a quad plex can be built on the lot on Polly Ave. This must be verified by Buyer, Dividing the property, constructing a multi family dwelling on Polly Avenue along with a remodel and sale of the existing home could be very profitable. Another consideration is the value of the land. A divided lot with cleanup and teardown of the home could be profitable. The property is in need of major repairs and cleanup. Please be careful when viewing the property. The Seller must be present to direct a walkthrough. All measurements and home info. must be verified by Buyer. ALL OFFERS MUST BE CONTINGENT UPON COURT APPROVAL FOR SALE OF THE PROPERTY

Listing Details MLS# 794271

Contract Info

List Price/SqFt
333.27

Location

Area
03 – Bay County – Beach
Street #
8908
Street Direction
N
Street Name
Lagoon
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
30235-072-000
Elementary School
Patronis
Middle School
Surfside
High School
Bay
Directions
Head west from Hathaway bridge to front beach road. Turn left on Joan Ave. Left on North lagoon Drive property will be on the left
Legal Description
6 4S 15W -11.68A- 58B2 BEG 2031.60' S & 30' W & NWLY 295.20' OF NE COR OF NE1/4 OF NW1/4 TH NW 90' SW 200' SE ON SR 392A 90' NE 200' TO POB L-3 & PT L-4 B-8 LAG HTS UNR OR L-3 & PT L-4 B-8 LAG HTS UNR AND COM NE COR OF NE1/4 OF NW1/4 TH S 1680' W 260' FOR POB TH S 185.5' NWLY 122.67' N 113.5' E 100' TO POB AKA LOT 13 BLK 8 UNR LAG HTS ORB 4107 P 605

General Property Info

Sub-Type
Detached Single Family
Design
Contemporary
Apx SqFt(Htd/Cooled)
1500
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Accessory Dwelling Unit
No
Year Built
1977
Immediate Occupancy
Yes
Pre-Const Flip
No
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
Yes
Lot Dimensions
90.0 ft x 200.0 ft
Acreage
0.75
Lot Size (SqFt)
32670
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
3327.9
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
This large lot fronts North Lagoon Drive and Polly Ave. Bay County Planning and zoning indicates the lot can be divided and a quad plex can be built on the lot on Polly Ave. This must be verified by Buyer, Dividing the property, constructing a multi family dwelling on Polly Avenue along with a remodel and sale of the existing home could be very profitable. Another consideration is the value of the land. A divided lot with cleanup and teardown of the home could be profitable. The property is in need of major repairs and cleanup. Please be careful when viewing the property. The Seller must be present to direct a walkthrough. All measurements and home info. must be verified by Buyer. ALL OFFERS MUST BE CONTINGENT UPON COURT APPROVAL FOR SALE OF THE PROPERTY

Dining Room

First
Yes

More Information

Construction/Siding

Brick
Yes
Roof – Asphalt
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Garbage
Yes
Lift Station
Yes
Public Water – Available
Yes

Bedroom

Second
Yes

Property Features

Bedroom: Second Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Dining Room: First Rooms: Bedroom; Dining Room; Kitchen Utilities: Cable – Available; Electricity – Connected; Garbage; Lift Station; Public Water – Available Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Dining Room First 13 x 12 13.00 12.00
Kitchen First 12 x 12 12.00 12.00
Bedroom Second 12 x 14 12.00 14.00
Listing Office: Counts Real Estate Group Inc
Last Updated: August – 18 – 2026
Information deemed reliable but not guaranteed.