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Jessica Henrichsen

pcswithjess@gmail.com +1(318) 780-4231

$ 895,000

Est. payment -/mo

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Pending

7202 S Lagoon DR Panama City, FL 32408

3 Beds

4 Baths

2,362 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,362 sqft

Price per Sqft $378

Subdivision Holiday Beach Unit 11

MLS Listing ID 795857

Style Coastal

Bedrooms 3

Full Baths 4

HOA Y/N No

Year Built 1981

Annual Tax Amount $3,117

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Grand Lagoon waterfront living with Gulf access! Located at 7202 S. Lagoon Drive in Panama City Beach, this 3-bedroom, 4-bath home offers approximately 2,362 square feet and a setting made for enjoying life on the water. The home features a fully equipped kitchen, spacious living areas, and a primary bedroom with an en suite bath and walk-in closet. An upper balcony and lower covered deck overlook the lagoon, providing plenty of space to relax, entertain, or simply enjoy the waterfront setting. The home has also been freshly painted throughout, with new carpet installed in the carpeted areas, giving the interior a fresh, move-in-ready feel for its new owner. Boaters will appreciate the location on Grand Lagoon with direct access toward St. Andrews Bay and the Gulf. The property also includes a double attached garage, ample driveway parking, and a lot extending approximately 130 feet from S. Lagoon Drive toward the water. The existing home and dock configuration are also reflected on the property survey. Adding further perspective to this Grand Lagoon location, the vacant waterfront lot next door sold for $699,000 in April 2026. That neighboring sale provides an interesting point of reference for the value placed on waterfront land along this stretch of S. Lagoon Drive. The location adds another dimension to the property. Grand Lagoon is known as Panama City Beach's ''Gateway to the Gulf,'' with boating, fishing, sightseeing cruises, paddleboarding and other water activities close at hand. Visit Panama City Beach Nearby St. Andrews State Park offers Gulf beaches, swimming, snorkeling, fishing, paddling and access to Shell Island. Visit Panama City Beach The Thomas Drive/Grand Lagoon area also puts local favorites such as Capt. Anderson's | Restaurant & Waterfront Market and The Grand Marlin nearby, along with marinas, charter fishing, dolphin cruises and other waterfront activities. Whether you're looking for a primary residence, beach getaway, or a home base for boating and fishing, 7202 S. Lagoon Drive combines waterfront living with convenient access to many of the experiences that make Panama City Beach special. Thank you for considering this home!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Double Vanity, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s), Utility Room

Heating Electric

Cooling Central Air, Ceiling Fan(s), Ductless

Fireplace No

Appliance Gas Range

Exterior

Exterior Feature Covered Patio, Deck, Dock

Parking Features Garage, Garage Door Opener

Garage Spaces 2.0

Garage Description 2.0

Fence Partial

Community Features Short Term Rental Allowed

Utilities Available Electricity Available, High Speed Internet Available

Waterfront Description Lagoon

View Y/N Yes

Water Access Desc Lagoon

View Lagoon

Roof Type Metal

Porch Deck

Private Pool No

Building

Lot Description Sprinkler System, Paved

Story 2

Entry Level Two

Foundation Slab

Architectural Style Coastal

Level or Stories Two

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30799-040-000

Listed by ERA Neubauer Real Estate, Inc

NEARBY SCHOOLS & PROPERTIES

Jessica Henrichsen

Agent SLBK3553737

+1(318) 780-4231

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Jessica Henrichsen

7202 S Lagoon DR Panama City, FL 32408

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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7202 S Lagoon DR