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

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.

More Information MLS# 746125

Contract Info

List Price/Acre: 928571.43 Status: Active List Date: 2023-08-28 List Price: $6,500,000 Current Price: $6,500,000

Location

Sub Area: 0319 – Beach – East Community/Resort: None Waterfront: No 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. Street #: 9129 Street Direction: N Street Name: Lagoon Street Suffix: Drive Area: 03 – Bay County – Beach State: FL Zip Code: 32408 County: Bay 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

General Property Info

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

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: 1 Construction Perm: 1 Conventional: 1

Lot Features

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

Lot Access

County Road: 1

Present Zoning

Commercial: 1

Utilities

Public Sewer Available: 1 Water Connected: 1

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.