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5620 S Lagoon Drive, Panama City Beach, FL 32408

[No Recorded Subdiv] · Bay County

Key Facts

4Beds
4Baths
2,706Sq Ft
1993Year Built
0.20Lot (acres)
2Garage

Description

The Nicest Home in Bay County! This completely remodeled, fully furnished, move-in ready Grand Lagoon home offers the ultimate waterfront lifestyle. It features all-new flooring, paint, and a new beamed ceiling on the main level. All new fixtures throughout. New kitchen counters, and backsplash. For enhanced durability and energy efficiency, the home boasts all new hurricane windows and glass sliders, and spray foam insulation under the structure, complementing the 3-year-old metal roof. All bathrooms have been completely remodeled and feature high end fixtures, vanities, and tiled showers/baths. The exterior living is upgraded with a brand-new deck. The property is a boater's dream, featuring a refreshed seawall and a fantastic boathouse that includes a new jet ski lift and two boat lifts, one of which is brand new. All measurements are approx. and should be verified by buyer.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Coastal

Year Built

1993

Living Area

2,706 sq ft

Lot Size

0.20 acres

Lot Dimensions

50*175

Garage Spaces

2

Days on Market

196

MLS® Listing#

782317

Property Features

Interior

Walk-In Closet(s)

Exterior

BalconyBoat SlipDock

Appliances

Convection OvenElectric CooktopElectric Water Heater

Cooling

Central AirCeiling Fan(s)

Heating

CentralElectric

Flooring

Vinyl

Patio

Deck

Lot Features

PavedWaterfront

Construction

Brick

Roof

Metal

Windows

Storm Window(s)

Security

Smoke Detector(s)

Other Structures

Boat House

Utilities

Cable ConnectedElectricity AvailablePhone Connected

Rooms

  • 18 x 13Second
  • Bedroom14 x 13Second
  • Bedroom15 x 13Second
  • Bedroom15 x 14Second

Schools

Elementary:
Patronis
Middle:
Breakfast Point
High:
Arnold

Financial Details

HOA

None

Annual Taxes

$9,951

Tax year 2024

Parcel Number

32086-000-000

Directions

West on the Hathaway Bridge and turn left onto Thomas Dr. Follow it around the curve and turn right on Dolphin, which is across from Regency Towers. Follow Dolphin to S. Lagoon Dr. and turn right. Home will be on your left.

Affordability Calculator

$315,000

Estimated monthly payment

$8,383/mo

Principal $1,260,000 · Est. interest $1,757,812 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$471,618
Median Listing Price
112
Median Days on Market
1,462
Median Sq Ft
$344
Median Price / Sq Ft
31,969
Active Listings
  • This home’s price is 234% above the area median.
  • Its price per sq ft is 69% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Map showing the location of 5620 S Lagoon Drive, Panama City Beach, FL 32408

Points of Interest in Panama City Beach, FL

Showing the Panama City Beach area map.

Nearby Schools

  • Patronis Elementary School

    Elementary · 1.5 mi away

  • Twisted Fork Culinary Classroom

    School · 2.7 mi away

  • St Andrew School

    School · 3.6 mi away

  • Learning Tree II-Child Development Center

    School · 3.6 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 3.6 mi away

  • St Bernadette Early Childhood Development Center

    School · 3.7 mi away

  • Lucille Moore Elementary School

    Elementary · 3.7 mi away

  • Primary Prep School

    Elementary · 3.8 mi away

  • St. Andrew School at Oakland Terrace

    Elementary · 4.1 mi away

  • Oakland Terrace School for the Arts

    School · 4.1 mi away

  • St John Catholic School

    School · 4.2 mi away

  • Renaissance School International

    School · 4.2 mi away

  • Gulf Coast School for Autism

    School · 4.6 mi away

  • Bacot Academy

    School · 4.8 mi away

  • Covenant Christian School

    School · 4.8 mi away

  • Breakfast Point Academy

    School · 4.9 mi away

  • Central High School

    Secondary · 4.9 mi away

  • Bay Virtual Instruction Program (District Provided)

    Secondary · 5.0 mi away

  • Bay District Schools

    School · 5.0 mi away

  • Palm Bay Preparatory Academy

    Elementary · 5.0 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Panama City Beach

Listing Courtesy: Coastal Heritage Real Estate LLC - 8502490521

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#782317. © 2026EXIT Realty®. All rights reserved.