Address
6722 S Lagoon Drive, Panama City, FL
Price
$ 1,100,000
Property Attributes
  • MLS#790039
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodHoliday Beach Unit 1
  • Zip32408
  • Style
  • Year Built1981
  • Taxes$ 7993
  • Price$ 1,100,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage2720
  • Lot Size0.25 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
5/18/2026 Listed $1,185,000
7/13/2026 7$1,100,000

General Features

Sewer PublicSewer
Property Subtype MultiFamily
Tax Year 2025
Community Features ShortTermRentalAllowed
County Bay
Property Type Residential
HOA false
Subdivision Name Holiday Beach Unit 1
Status Active
Directions Thomas Drive turn North on Sabine St. Turn left on S Lagoon. West side of boat launch.
High School Arnold
City Panama City
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 10890
Elementary School Patronis
Land Lease Y/N false
Tax Annual Amount 7993
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional MultiFamily
Other Structures BoatHouse
Occupancy Type Vacant
Waterfront Features Lagoon,BoatDockSlip,Seawall
Year Built 1981
Heating Central,Ductless
Cooling CentralAir,Ductless
Appliances ElectricRange
Patio/Porch Features Balcony,Deck
Construction Materials HardiplankType
View Lagoon
Garage Y/N false
Total Rooms 6
Full Baths 4
New Construction false
Roof Metal

Interior Features

Total Baths 5
Interior Amenities ShowerOnly,UpperLevelPrimary,WalkInClosets
Furnished Units AllUnits
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
LivingAreaSource Appraiser
Half Baths 1

Exterior Features

Lot Size Area 0.25
Lot Dimensions 40x210x70x191
Lot Size Acres 0.25
Road Frontage Type CityStreet
Building Area Total 2720
Waterfront Y/N true
Exterior Amenities BoatLift,BoatSlip,BoatRamp,CoveredPatio,Dock
Road Responsibility PublicMaintainedRoad

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $830K
$1.1M
Taxes
AVG $6,154
$7,993
Year Built
AVG 2002
1981

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