8120 S Lagoon DR, Panama City, FL 32408
8120 S Lagoon DR, Panama City, FL 32408
8120 S Lagoon DR, Panama City, FL 32408
8120 S Lagoon DR, Panama City, FL 32408
8120 S Lagoon DR, Panama City, FL 32408
8120 S Lagoon DR, Panama City, FL 32408
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$ 1,475,000
Est. payment | /mo

5 Beds

4 Baths

2,625 SqFt


Save
$ 1,475,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,625 SqFt

Open House

Sat May 02, 10:00am - 12:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,625 sqft

Price per Sqft $561

Subdivision Silver Sands Unit 1

MLS Listing ID 789058

Style Contemporary

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1983

Annual Tax Amount $10,731

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Single Family Residence

Property Description

***OPEN HOUSE! SAT, MAY 2 from 10AM-12PM*** Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions.

Thoughtfully renovated from top to bottom, the home features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor and the primary suite plus two additional bedrooms on the second level.

Upon entering, the bright, contemporary design showcases fresh paint, updated lighting, and stylish fixtures throughout. New flooring flows seamlessly across the home with no carpet, creating a clean and low-maintenance environment ideal for both full-time living and high-traffic use. The fully redesigned kitchen is a standout, featuring white cabinetry, sleek countertops, and brand-new appliances that offer both style and functionality. Two of the three upstairs bedrooms feature private balconies with water views. Plus the primary bath has a jacuzzi tub and separate shower.

Outdoors is resort-style living at its finest! The backyard is built for entertaining, complete with a gunite pool, relaxing spa, and multiple levels of newer Trex composite decking all with lagoon views. For the boating and water enthusiasts, this property is exceptionally well equipped with deep-water frontage and an incredible covered dock! One side features a 40' x 20' roof over a 24,000 lb boat lift that can accommodate approximately a 35' boat. The second dock includes a 16' x 24' roof over a 12,000 lb lift suited for up to 21'. Two jet ski float pads provide additional convenience and storage. This convenient location provides easy access to St. Andrews Bay, Shell Island, and the Gulf. Additionally, the home has already been connected to city sewer, which is both expensive and rare in the lagoon area.

Situated on a quiet stretch of South Lagoon Drive and only a few blocks from the area's renowned beaches, Rick Seltzer Park, and multiple dining options, this property is ideally positioned to capitalize on Panama City Beach's strong vacation rental demand. Whether utilized as a primary residence, second home, or income-producing investment, this turnkey waterfront property delivers exceptional versatility and value. Schedule your showing today. A walk-through video is available

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Electric Oven

Exterior

Exterior Feature Boat Lift, Dock

Fence Privacy

Pool In Ground, Private

Community Features Short Term Rental Allowed

Waterfront Description Lagoon

View Y/N Yes

Water Access Desc Lagoon

View Lagoon

Roof Type Metal

Porch Balcony

Private Pool Yes

Building

Lot Description Paved

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30196-073-000

Special Listing Condition Listed As-Is

Listed by Coldwell Banker Realty

Nearby Locations

Gentry Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(314) 472-3124

gentrygroupluxe@gmail.com

212 N Kirkwood Rd, St Louis, MO, 63122, USA

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8120 S Lagoon DR