9129 N Lagoon Drive, Panama City Beach, FL 32408 (MLS# 746125)

9129 N Lagoon Drive, Panama City Beach, FL 32408

$6,500,000

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

Current Price: $6,500,000 List Date: 3/18/2025 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. Topographical and Boundary Survey on file.

Listing Details MLS# 746125

Contract Info

List Price/Acre: 928571.43

Location

Street #: 9129
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 Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 30185-005-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Hwy 98 to Joan Ave head south. Take right onto North Lagoon Drive.
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

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 885x440x1200x275
Acreage: 7
Lot Size (SqFt): 304920

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 5963
Last Tax Year: 2022
As Is: Yes

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. Topographical and Boundary Survey on file.

Financing

Cash: Yes
Construction Perm: Yes
Conventional: Yes

More Information

Lot Features

Near Beach Access: Yes
Within 1/2 Mile to Water: Yes
Wooded: Yes

Lot Access

County Road: Yes

Present Zoning

Commercial: Yes

Utilities

Public Sewer Available: Yes
Water Connected: Yes

Property Features

Financing: Cash; Construction Perm; Conventional Lot Access: County Road Lot Features: Near Beach Access; Within 1/2 Mile to Water; Wooded Utilities: Public Sewer Available; Water Connected Present Zoning: Commercial

Listing Office: Counts Real Estate Group Inc

Last Updated: December – 29 – 2025

Information deemed reliable but not guaranteed.