9129 N Lagoon Drive, Panama City Beach, FL 32408 (MLS# 746124)

9129 N Lagoon Drive, Panama City Beach, FL 32408

$6,500,000

Property Type: Commercial Land Lot Size (sq. ft.): 304,920 Status: Active

Current Price: $6,500,000 List Date: 9/05/2023 Last Modified: 12/29/2025

Overview

Description

7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Listing Details MLS# 746124

Location, Tax & Legal

Street #: 9129
Street Direction: N
Street Name: Lagoon
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Area: 03 – Bay County – Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 30185-005-000
Legal Description: 6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Front Beach south on Joan Ave. Take right onto North Lagoon Drive.
HOA Fee: No

Contract Info

List Price/Acre: 928571.43
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale

General Property Info

Site Dimensions: 885x440x1200x275
Acreage: 7
Lot Size (SqFt): 304920
Frontage Feet: 885
Is Subject Leased: No

Remarks & Misc

Remarks: 7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Financing

Cash: Yes
Construction Perm: Yes
Conventional: Yes

More Information

Lot Features

Within 1/2 Mile to Water: Yes
Wooded: Yes

Lot/Parcel Access

County Road: Yes

Present Zoning

Commercial: Yes
Multi-Family: Yes
Resid Multi-Family: Yes
Resort: Yes

Utilities

Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

TransportationAccess

2 – Lane: Yes
County Road: Yes

Property Features

TransportationAccess: 2 – Lane; County Road Financing: Cash; Construction Perm; Conventional Lot Features: Within 1/2 Mile to Water; Wooded Sale Type: As Is Utilities: Public Sewer – Connected; Water Connected Present Zoning: Commercial; Multi-Family; Resid Multi-Family; Resort

Listing Office: Counts Real Estate Group Inc

Last Updated: December – 29 – 2025

Information deemed reliable but not guaranteed.