7122 S Lagoon Drive, Panama City Beach, FL 32408

$950,000
3
BD
3
BA

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Sold Price
$950,000
List Price
$1,200,000
Closing Date
Jul 27, 2026
MLS#
791341
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
3
Lot Size
13,939
Neighborhood
Beach - South of Grand Lagoon

Property Description

Don't miss this spacious waterfront brick home on two lots with 100 feet of waterfront on South Lagoon--a rare find with deep water and Gulf access. This property offers the ultimate waterfront lifestyle with a boat dock, boathouse with electric lift, hurricane shutters, a 12x28 waterfront deck, and an enclosed Florida room overlooking the water. Inside, the home features generously sized rooms, including an office, eat-in kitchen, dining room, formal living room, family room with fireplace, and 3 full baths. The primary bedroom overlooks the lagoon and includes 3 closets, while the additional bedrooms offer 2 large closets each. There is also an oversized garage with workshop space, tons of storage, a sink in the enclosed sunroom, separate RV or boat parking with its own drive, and a separate outbuilding. Located on a double lot, the property also offers future potential--the residence may be torn down and the lots split per the county. Please bring all offers!

Additional Information

Acres
0.32
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Exterior Features
Boat Lift, Deck, Dock, Patio
High School
Arnold
Interior Features
Main Level Primary, Shower Only, Utility Room
Lot Dimensions
100.0 ft x 140.0 ft
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Short Term Rental Allowed
Stories
1
Subdivision
Holiday Beach Unit 1
Utilities
Electricity Available
Waterfront
Yes
Waterview
Lagoon, Water
Year Built
1977
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Beach House Sales and Development. Selling Office: PCB Life Real Estate Services.