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$895,000

For Sale

A month ago

7202 S Lagoon Dr, Panama City, FL

House

MLS® 795857

3 Bed

4 Bath

--

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $3,117
Days Active 16
Lot Size 0.16 Acres
Approx. Age 1981
MLS® Number 795857

Property Address: 7202 S Lagoon Dr, Panama City, FL, 32408-5431

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

Description

Grand Lagoon waterfront living with Gulf access! Located at 7202 S. Lagoon Drive in Panama City Beach, this 3-bedroom, 4-bath home offers approximately 2, 362 square feet and a setting made for enjoying life on the water. The home features a fully equipped kitchen, spacious living areas, and a primary bedroom with an en suite bath and walk-in closet. An upper balcony and lower covered deck overlook the lagoon, providing plenty of space to relax, entertain, or simply enjoy the waterfront setting. The home has also been freshly painted throughout, with new carpet installed in the carpeted areas, giving the interior a fresh, move-in-ready feel for its new owner. Boaters will appreciate the location on Grand Lagoon with direct access toward St. Andrews Bay and the Gulf. The property also includes a double attached garage, ample driveway parking, and a lot extending approximately 130 feet from S. Lagoon Drive toward the water. The existing home and dock configuration are also reflected on the property survey. Adding further perspective to this Grand Lagoon location, the vacant waterfront lot next door sold for $699, 000 in April 2026. That neighboring sale provides an interesting point of reference for the value placed on waterfront land along this stretch of S. Lagoon Drive. The location adds another dimension to the property. Grand Lagoon is known as Panama City Beach's ''Gateway to the Gulf, '' with boating, fishing, sightseeing cruises, paddleboarding and other water activities close at hand. Visit Panama City Beach Nearby St. Andrews State Park offers Gulf beaches, swimming, snorkeling, fishing, paddling and access to Shell Island. Visit Panama City Beach The Thomas Drive/Grand Lagoon area also puts local favorites such as Capt. Anderson's | Restaurant & Waterfront Market and The Grand Marlin nearby, along with marinas, charter fishing, dolphin cruises and other waterfront activities. Whether you're looking for a primary residence, beach getaway, or a home base for boating and fishing, 7202 S. Lagoon Drive combines waterfront living with convenient access to many of the experiences that make Panama City Beach special. Thank you for considering this home!
MLS® Number795857
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1981
Basement
DrivewayGarage, Garage Door Opener
Garage Spaces
HeatElectric
A/CCentral Air, Ceiling Fans, Ductless

Extras

Rooms

Utility Room:First Floor5 × 12 ft
Bedroom 1:Second Floor21 × 25 ft
Bathroom 1:First FloorNot available
Dining Room:Second Floor10 × 17 ft
Other:First Floor8 × 9 ft
Other:First Floor8 × 39 ft
Other:Second Floor11 × 11 ft
Bedroom 1:First Floor14 × 23 ft
Kitchen:Second Floor14 × 14 ft
Other:First Floor21 × 29 ft
Bathroom 2:First FloorNot available
Bathroom 3:Second FloorNot available
Family Room:Second Floor13 × 20 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 25, 2026List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
7202 S Lagoon Dr, Panama City, FL

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