7122 S Lagoon Drive, Panama City Beach, FL 32408

$950,000

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Sold Price
$950,000
List Price
$1,200,000
Closing Date
Jul 27, 2026
MLS#
791342
Status
CLOSED
Type
Land
Subtype
Residential
Lot Size
13,939
Neighborhood
Beach - South of Grand Lagoon

Property Description

Rare opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Opportunities like this are becoming increasingly difficult to find, especially with the flexibility and potential this property offers. The true value is in the land. Situated on two lots, this property offers the potential to renovate, rebuild, or redevelop. Per the county, the existing residence may be removed and the lots split, creating a unique opportunity for investors, builders, or those looking to create a custom waterfront estate. Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. With its prime South Lagoon location, expansive waterfront frontage, and development potential. Bring all offers. Opportunities to acquire a double waterfront lot with Gulf access in this location are rare. There is a home currently on the property. Home demolition to be performed by buyer.

Additional Information

Acres
0.32
Elementary School
Patronis
High School
Arnold
Lot Dimensions
100.0 ft x 140.0 ft
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Subdivision
Holiday Beach Unit 1
Waterfront
Yes
Waterview
Lagoon
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.