109 Granger Lane, Panama City Beach, FL 32413
LAGUNA BEACH · Bay County
Key Facts
Description
2 duplexes or 4 Plex all for one low price!!! Just a half-block from the beach and backing up to a peaceful lake, this multi-unit property on the desirable west end of Laguna Beach offers exceptional flexibility and investment potential. Fully furnished, turnkey, and situated on an oversized lot with no HOA, it's currently configured as a duplex--one side sleeping nine and the other twelve--but features interior lockout doors, upstairs kitchenettes, and dual laundry setups that allow for an easy transition to a tri- or quadplex if desired. This property is well-suited for both short- and long-term income strategies. Live in one unit and rent the others, operate as a multi-family vacation rental, or convert to long-term leases for steady returns. There's also ample space to add a pool, enhancing guest appeal and value. In a golf cart-friendly neighborhood just steps from beach access, this lakefront home offers an ideal blend of lifestyle and income opportunity on one of the most sought-after stretches of Panama City Beach.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Duplex
Year Built
1983
Stories
2
Living Area
2,738 sq ft
Lot Size
0.23 acres
Days on Market
118
MLS® Listing#
974259
Property Features
Cooling
Heating
Sewer
Water Source
Rooms
- Bedroom15 x 15
- Bedroom15 x 15
- Kitchen15 x 20
- Kitchen15 x 20
- Living Room15 x 15
- Living Room15 x 15
Schools
- Elementary:
- West Bay
- Middle:
- Surfside
- High:
- Arnold
Financial Details
Parcel Number
36731-000-000
Directions
From Hwy 98 turn South on Oleander Drive then take a right turn on Granger Road. The property will be to your left with sign out front.
Affordability Calculator
$197,600
Estimated monthly payment
$5,259/mo
Principal $790,400 · Est. interest $1,102,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,497
- Median Listing Price
- 109
- Median Days on Market
- 1,463
- Median Sq Ft
- $345
- Median Price / Sq Ft
- 31,946
- Active Listings
- This home’s price is 110% above the area median.
- Its price per sq ft is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
- 109 Granger Lane, Panama City Beach, FL 32413
Points of Interest in Panama City Beach, FL
Showing the Panama City Beach area map.
Nearby Schools
PCB Academy
School · 3.4 mi away
Ohana Institute
School · 4.9 mi away
West Bay Elementary School
Elementary · 5.6 mi away
Surfside Middle School
Secondary · 5.8 mi away
Hutchison Beach Elementary School
Elementary · 6.9 mi away
Surfside Kids Academy
School · 7.4 mi away
Arnold Pre K
Secondary · 7.7 mi away
JR Arnold High School
Secondary · 8.0 mi away
Breakfast Point Academy
School · 8.4 mi away
Primary Prep School
Elementary · 9.1 mi away
St Bernadette Early Childhood Development Center
School · 9.5 mi away
Twisted Fork Culinary Classroom
School · 10.5 mi away
Dune Lakes Elementary School
Elementary · 10.7 mi away
Learning Tree II-Child Development Center
School · 11.1 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 11.1 mi away
Patronis Elementary School
Elementary · 11.7 mi away
Seaside Neighborhood School
Elementary · 13.0 mi away
Emerald Coast Middle School
Secondary · 13.1 mi away
The Preschool at Point Washington
School · 13.6 mi away
Bay Elementary School
Elementary · 13.6 mi away
Commute Calculator
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| 3093 ADRIAN DR, ORMOND BEACH, FL | $694,990 | 4 | 3 | 2,100 |
Moving Cost Estimate
EXIT Agents in Panama City Beach
Listing Courtesy: Scenic Sotheby's International Realty - 8502316052