USAFLPanama City BeachSilver Sands Unit 18120 S Lagoon Dr

New

Open House

$1,475,000

For Sale

3 hours ago

8120 S Lagoon Dr, Panama City Beach, FL

Name: 8120 S Lagoon Dr, For Sale in Panama City Beach - eXp Realty
Brand: Coldwell Banker Realty
SKU: 789058
Price: 1475000 USD

House

MLS® 789058

5 Bed

4 Bath

Open House

Sat May 2, 7:00-9:00 PM UTC

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage

Taxes $10,731

Days Active 0

Lot Size

Approx. Age 1983

MLS® Number 789058

Property Address: 8120 S Lagoon Dr, Panama City Beach, FL, 32408-5309

Average square foot calculated using Size range provided by listing agent.

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, 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. 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. 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

MLS® Number789058

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 29, 2026List Date

$1,475,000List Price

Commute

Commute

Starting Address

Destination Address

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