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121 Dragon Circle, Panama City Beach, FL 32408

Dragon's Ridge Corrctd · Bay County

Key Facts

4Beds
3Baths
2,919Sq Ft
1990Year Built
0.33Lot (acres)
2Garage

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

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#787864. © 2026EXIT Realty®. All rights reserved.