
121 Dragon Circle, Panama City Beach, FL 32408
Dragon's Ridge Corrctd · Bay County
Key Facts
Description
A GREAT INVESTMENT OPPORTUNITY! If you are in the business to remodel, you could easily put 150k into this one and make it a great flip or dream home. Nestled within the prestigious Dragon's Ridge neighborhood of Bay Point, this exceptional luxury home offers a rare opportunity to live along the 9th hole of the renowned Jack Nicklaus golf course. Showcasing striking Mediterranean architecture, the residence boasts impressive curb appeal, highlighted by a barrel tile roof installed in 2019 and timeless design elements throughout. This spacious four-bedroom, three-bath home is priced to sell as is, presenting an outstanding investment or renovation opportunity to customize and create your dream home in one of the area's most sought-after communities. Bay Point offers a vibrant and welcoming lifestyle with an array of amenities and social activities to enjoy at your leisure. Residents can take advantage of the yacht club, golf club, marina sunset socials, book clubs, wine clubs, women's club events, game nights, on-site dining, and live music. Whether you prefer an active social calendar or a more relaxed pace, Bay Point offers the perfect balance. With over 50 years of established charm and community appeal, this is your chance to become part of one of the most desirable neighborhoods in the area.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Mediterranean
Year Built
1990
Living Area
2,919 sq ft
Lot Size
0.33 acres
Lot Dimensions
140X104
Garage Spaces
2
Days on Market
104
MLS® Listing#
787864
Property Features
- Interior:
- Double Vanity, Walk-In Closet(s)
- Cooling:
- Central Air, Ceiling Fan(s)
- Heating:
- Electric, Fireplace(s)
- Flooring:
- Vinyl
- Parking:
- Gated
- Patio:
- Porch, Screened
- Fencing:
- Fenced
- Construction:
- Stucco, Frame
- Windows:
- Double Pane Windows
- Security:
- Secured Garage/Parking, Security Gate, Smoke Detector(s), Security Service, 24 Hour Security
- Community:
- Fishing, Golf, Gated, Playground
- Utilities:
- Electricity Available, Natural Gas Available, Underground Utilities
- Sewer:
- Public Sewer
Rooms
- 18 x 20First
- Bedroom14 x 13First
- Bedroom11.5 x 11.5First
- Bedroom15 x 12First
Schools
- Elementary:
- Patronis
- Middle:
- Surfside
- High:
- Arnold
HOA & Tax
- HOA:
- Yes
- Annual Tax:
- $4,393 (2025)
- Parcel #:
- 31402-555-000
Directions
From Magnoila Beach Rd, turn right onto Jan Cooley, first gate to the left, (Legend Lakes Gate), second left into Dragon's Ridge, first right, as you round the park to the left, home will be on the right.
Affordability Calculator
$121,800
Estimated monthly payment
$3,241/mo
Principal $487,200 · Est. interest $679,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,591
- Median Listing Price
- 116
- Median Days on Market
- 1,410
- Median Sq Ft
- $354
- Median Price / Sq Ft
- 31,816
- Active Listings
- This home’s price is 29% above the area median.
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
- 121 Dragon Circle, Panama City Beach, FL 32408
Nearby Schools
St Andrew School
School · 2.2 mi away
Renaissance School International
School · 2.3 mi away
St John Catholic School
School · 2.3 mi away
St. Andrew School at Oakland Terrace
Elementary · 2.3 mi away
Oakland Terrace School for the Arts
School · 2.3 mi away
Lucille Moore Elementary School
Elementary · 2.6 mi away
Palm Bay Preparatory Academy
Elementary · 3.0 mi away
Panama City Christian School
School · 3.0 mi away
North Bay Haven Charter Academy
School · 3.0 mi away
Bay Virtual Instruction Program (District Provided)
Secondary · 3.1 mi away
Bay District Schools
School · 3.1 mi away
Patronis Elementary School
Elementary · 3.2 mi away
Central High School
Secondary · 3.2 mi away
Jinks Middle School
Secondary · 3.4 mi away
Gulf Coast School for Autism
School · 3.4 mi away
Covenant Christian School
School · 3.5 mi away
Bacot Academy
School · 3.5 mi away
Northside Elementary School
Elementary · 3.6 mi away
Pre School
School · 3.7 mi away
Chautauqua Charter School
Secondary · 3.9 mi away
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EXIT Agents in Panama City Beach
Listing Courtesy: Keller Williams Realty Emerald - 8506542900











