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Lower Grand Lagoon, FL Homes for Sale

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  • /84

    $825,000

    • 2 Beds
    • 2 Baths
    • 1,089 Sq Ft

    1 Dolphin Ln, Panama City Beach, FL 32408

    Fantastic Highly Sought after Venture Out Home! You need to explore Venture Out's 300 SF' of our private pristine beach, and 1000 SF' on Grand LagoonThis beautifully maintained 2 Bedroom, 2 Bath home has never been on a rental program and shows true pride of ownership. Located in Flood Zone X, it has been extensively updated from 2018-2025, making it move-in ready. 2018: New roof &

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    Tracye Crass

    Beach Haven Realty

    (448) 233-4416

    1 Dolphin Ln, Panama City Beach, FL 32408
  • /31

    $385,000

    • 2 Beds
    • 1.5 Baths
    • 1,292 Sq Ft

    6215 Thomas Dr Unit 123, Panama City, FL 32408

    Welcome to Unit 123 at Summer Place Townhomes, where coastal charm beachside living meets comfort, convenience, and investment potential. This adorable 2-bedroom, 2 bath townhome offers the perfect blend of relaxation and practicality — all just one block from the Gulf of America! With only 18 units in this charming complex, opportunities to own here are rare. From the moment you arrive, you'll

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    Erich Hardy

    Compass Florida, LLC

    (448) 334-6328

    6215 Thomas Dr Unit 123, Panama City, FL 32408
  • /36

    $225,000 Pre-Foreclosure

    • 1 Bed
    • 1.5 Baths
    • 680 Sq Ft

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408

    Where coastal ease meets everyday comfort, and gross rental history exceeded $27K for 2025, Villa 504 at The Villas at St. Thomas captures the best of lagoon-front living. Perfectly positioned on the ground level, this residence allows you to step effortlessly from your screened patio to the water's edge. Life here feels private yet connected, surrounded by resort-style amenities including a

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    Abigail Davis

    Corcoran Reverie

    (448) 230-8248

    8730 Thomas Dr Unit 504, Panama City Beach, FL 32408
  • /35

    $699,900

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft

    6323 Thomas Dr Unit 403A, Panama City, FL 32408

    Experience the art of coastal living at its finest. Wake each morning to panoramic, unobstructed views of Panama City Beach's sugar-white sands and shimmering emerald waters from the privacy of your own balcony. This elegantly updated beachfront residence captures the sophistication of seaside living, blending timeless design with modern comfort. A sun-drenched open floor plan invites relaxation,

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    Nichole Causton

    Go Coastal Realty LLC

    (448) 208-1080

    6323 Thomas Dr Unit 403A, Panama City, FL 32408
  • /61

    $649,000

    • 5 Beds
    • 2.5 Baths
    • 2,088 Sq Ft

    3707 Mystic St Unit A & B, Panama City Beach, FL 32408

    ADORABLE DUPLEX WITH MULTIPLE POSSIBILITIES! * Live in one side, rent the other out. * Short term rent both units. * Short term rent one side, mid or long-term rent the other. THE CHOICE IS YOURS! SIDE A: MYSTIC SURF --3 BR, Sleeps 8 - King, King, King + Twin/Twin Trundle --1 Full, 1 Half Bath --Surf/wave murals in every bedroom --Full Kitchen with lots of counter space --Private Patio --Storage

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    January Johnson

    EXP Realty LLC

    (448) 233-3241

    3707 Mystic St Unit A & B, Panama City Beach, FL 32408
  • /50

    $800,000

    • 3 Beds
    • 3 Baths
    • 1,441 Sq Ft

    6201 Thomas Dr Unit 207, Panama City, FL 32408

    Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location.

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    Sassy French

    Keller Williams Success Realty

    (448) 222-2927

    6201 Thomas Dr Unit 207, Panama City, FL 32408
  • /29

    $479,000

    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408

    'Gulf Front'' Beautifully updated Deluxe 2BR/2BA fully furnished rental ready condominium, lower floor with 1286 sq. ft. Tile flooring throughout, fully equipped Kitchen w/breakfast bar. Wonderful Gulf front views from Living, Dining, Kitchen and Master Bedroom. Large balcony to relax and watch the sunsets. Condo has many 'upgrades' cabinets, counters, flooring, sliding doors and windows just to

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 905-5721

    7205 Thomas Dr Unit E-304, Panama City Beach, FL 32408
  • /52

    $1,190,000

    • 3 Beds
    • 2.5 Baths
    • 1,797 Sq Ft

    6906 S Lagoon Dr, Panama City, FL 32408

    Enjoy waterfront living on Grand Lagoon in this 3 bedroom, 2.5 bathroom home offering 1,692 sq ft of comfortable coastal living. This lagoon-front property features a private dock with boat house, providing direct access for boating, fishing, and enjoying the water right from your backyard. Relax and take in peaceful water views while being just minutes from the beaches, St. Andrews State Park,

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    Frank Trenholm

    Coldwell Banker Realty

    (448) 202-4276

    6906 S Lagoon Dr, Panama City, FL 32408
  • /55

    $874,999

    • 4 Beds
    • 2.5 Baths
    • 1,920 Sq Ft

    3521 Treasure Cir, Panama City, FL 32408

    THIS HOUSE CHECKS ALL THE BOXES! --Single-family home--Built for living or short-term renting--Master bedroom down with en suite bath--Private heated pool--Fully furnished with beachy vibe--Strong rental history and rental projections--Garage converted to game room--Close to beach, lagoon, and marinas--Near great local restaurants, jet ski rentals, and boat rentals

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    January Johnson

    EXP Realty LLC

    (448) 231-4380

    3521 Treasure Cir, Panama City, FL 32408
  • /27

    $439,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    5900 Sunset Ave, Panama City, FL 32408

    JUST REDUCED!! Motivated Sellers! Great Investment Property! Close to beach! Short Term Rentals Allowed. One A/C replaced 2021, the other one in 2017. 2017 Roof replaced.

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    Vera Henson

    Beach Haven Realty

    (850) 660-3533

    5900 Sunset Ave, Panama City, FL 32408
  • /88

    $2,925,000

    • 6 Beds
    • 4.5 Baths
    • 2,920 Sq Ft

    8205 Surf Dr, Panama City Beach, FL 32408

    Gulf-Front Oasis with Private Saltwater Pool & Excellent Rental Income! This stunning 6-bedroom, 4.5-bath beachfront home offers the ultimate luxury coastal living experience, sitting directly on the sugar-white sands of Panama City Beach--zero steps to the beach! With approximately 2,850 sq. ft., this beautifully designed home provides expansive Gulf views from nearly every room. The

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    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 809-9691

    8205 Surf Dr, Panama City Beach, FL 32408
  • /72

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 3, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

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    Kerry Jackson

    LPT Realty LLC

    (448) 200-0171

    5012 Gulf Dr Unit 3, Panama City, FL 32408
  • /20

    $414,000

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408

    Amazing 2 Bedroom 2 Bath in 'B' Building at Summerhouse. Kitchen with newer oak cabinets and granite counter tops, sliding glass door window treatments, all tile flooring throughout, leather living room furniture and double recliner couch, French doors that lead to master bath, master bedroom is gulf side with slider leading to balcony, mirrored closet doors in master bedroom. Amenities include:

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices

    (850) 750-7659

    6505 Thomas Dr Unit 910, Panama City Beach, FL 32408
  • /58

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft

    7315 S Lagoon Dr, Panama City, FL 32408

    No HOA and short-term rentals permitted! Located just three blocks from the beach and directly across from the Lagoon, this beautifully furnished 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience. Completely rebuilt from studs out in 2020, the home features two spacious living areas ideal for relaxing or entertaining. Enjoy outdoor dining and gatherings on the large deck,

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    Beth Arnold

    Seashore Realty LLC

    (448) 256-3869

    7315 S Lagoon Dr, Panama City, FL 32408
  • /146

    $1,750,000

    • 10 Beds
    • 8 Baths
    • 3,500 Sq Ft

    5012 Gulf Dr Unit 1-4, Panama City, FL 32408

    60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low

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    Kerry Jackson

    LPT Realty LLC

    (448) 202-7317

    5012 Gulf Dr Unit 1-4, Panama City, FL 32408
  • /44

    $1,095,000

    • 4 Beds
    • 4.5 Baths
    • 2,428 Sq Ft

    7403 Sunset Ave, Panama City Beach, FL 32408

    Here you can have the best of both worlds: Private pool AND close to beach access! Whether you want to stay in and swim or venture out to salt and sand, 7403 Sunset has you covered! HIGHLIGHTS:--Fully furnished and ready to rent!--Master suite downstairs--4 spacious bedrooms (2 with en suites)--4 full + 1 half bath--Split living/dining areas with lots of

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    January Johnson

    EXP Realty LLC

    (448) 678-4142

    7403 Sunset Ave, Panama City Beach, FL 32408
  • /18

    $525,000

    • 2 Beds
    • 2 Baths
    • 1,286 Sq Ft

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408

    Beautifully updated Deluxe 2BR/2BA fully furnished condominium, 1286 sq. ft. This amazing condo has been well maintained, and rental ready. Fully equipped Kitchen w/breakfast bar. Wonderful Gulf front views from Living, Dining, Kitchen and Master Bedroom. Large balcony to relax and watch the sunsets. Condo has many 'upgrades' cabinets, counters, tile flooring, sliding doors and windows just to

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 741-7378

    7205 Thomas Dr Unit 1104, Panama City Beach, FL 32408
  • /11

    $264,000

    • 1 Bed
    • 1 Bath
    • 336 Sq Ft

    8001 Surf Dr Unit B10, Panama City, FL 32408

    Panama City Beach Get-Away! Cozy 1BR/1BA beautifully furnished and decorated just steps away to ''World's Most Beautiful Beaches''. Newer LVP flooring, tile bath and shiplap. Stingray has pool, kiddy pool, parking in front of building, extra parking across the street and onsite laundry. Short term rental can sleep 3. Dining, shopping, fishing, golf and entertainment within minutes away. All

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    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (448) 334-5808

    8001 Surf Dr Unit B10, Panama City, FL 32408
  • /44

    $419,000

    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 2, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but

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    Kerry Jackson

    LPT Realty LLC

    (448) 233-4203

    5012 Gulf Dr Unit 2, Panama City, FL 32408
  • /58

    $1,850,000

    • 6 Beds
    • 4 Baths
    • 2,717 Sq Ft

    4116 Ocean St, Panama City, FL 32408

    ***PROVEN RENTAL INCOME OVER $175,000***

 This beach house has it ALL! Sleeping up to 24 people across 6 bedrooms and 2 sleeper sofas, this is the perfect memory-making personal vacation home, generously-sized private beach residence, or lucrative short term rental investment. Whether you are accommodating multiple generations vacationing together or a group of friends for a quick

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    January Johnson

    EXP Realty LLC

    (448) 448-0475

    4116 Ocean St, Panama City, FL 32408
  • /31

    $699,900

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft

    6323 Thomas Dr Unit 403A, Panama City Beach, FL 32408

    Experience the art of coastal living at its finest. Wake each morning to panoramic, unobstructed views of Panama City Beach's sugar-white sands and shimmering emerald waters from the privacy of your own balcony. This elegantly updated beachfront residence captures the sophistication of seaside living, blending timeless design with modern comfort. A sun-drenched open floor plan invites relaxation,

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    Nichole Causton

    Go Coastal Realty LLC

    (448) 233-3132

    6323 Thomas Dr Unit 403A, Panama City Beach, FL 32408
  • /62

    $449,900

    • 2 Beds
    • 2 Baths
    • 815 Sq Ft

    5012 Gulf Dr Unit 4, Panama City, FL 32408

    New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than

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    Kerry Jackson

    LPT Realty LLC

    (448) 327-5197

    5012 Gulf Dr Unit 4, Panama City, FL 32408
  • /38

    $380,000

    • 1 Bed
    • 2 Baths
    • 916 Sq Ft

    5801 Thomas Dr Unit 305, Panama City Beach, FL 32408

    Skip the elevators and step straight into beach life with this 3rd floor end-unit at Regency Towers in Panama City Beach. Located on the desirable west side of the building next to the stairs, this 1-bedroom, 2-bath condo features a corner balcony with a sweeping coastline, plus direct Gulf, pool, and beach views. The additional west-facing living room window fills the space with natural light

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    Jennifer Bond

    Compass

    (448) 288-3791

    5801 Thomas Dr Unit 305, Panama City Beach, FL 32408
  • /55

    $739,900

    • 2 Beds
    • 2 Baths
    • 1,367 Sq Ft

    6201 Thomas Dr Unit 401, Panama City, FL 32408

    WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS

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    Sassy French

    Keller Williams Success Realty

    (448) 678-0600

    6201 Thomas Dr Unit 401, Panama City, FL 32408
  • /57

    $338,000

    • 3 Beds
    • 2 Baths
    • 1,062 Sq Ft

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408

    Experience coastal living in this beautifully decorated waterfront villa, perfectly positioned for relaxation and adventure. The expansive primary suite offers breathtaking Lagoon views and an en-suite bath with a double sink vanity. A versatile loft bedroom adds extra flexibility. Ideal for hosting additional guests. The open-concept living and dining area is perfect for entertaining, with a

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    Jennifer Bond

    Compass

    (448) 231-6821

    8730 S Thomas Dr Unit 213, Panama City Beach, FL 32408
  • /52

    $499,900

    • 3 Beds
    • 2 Baths
    • 935 Sq Ft

    5012 Gulf Dr Unit 1, Panama City, FL 32408

    NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to a few restaurants including Schooners. Simply walk out your front door and you're less than 60

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    Kerry Jackson

    LPT Realty LLC

    (448) 288-2522

    5012 Gulf Dr Unit 1, Panama City, FL 32408
  • /22

    $244,900

    • 1 Bath
    • 489 Sq Ft

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408

    Turnkey Studio with Gulf Views - Unit A-418 Welcome to Unit A-418 -- a beautifully updated, move-in-ready studio that blends comfort, style, and functionality in one perfect package. This clean and spacious unit features two Queen beds, comfortably sleeping up to four guests, making it an ideal vacation rental, second home, or beach getaway. Enjoy breathtaking Gulf views through floor-to-ceiling

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    Edward Harper

    HSFLA LLC

    (448) 408-6698

    8817 Thomas Dr Unit A418, Panama City Beach, FL 32408
  • /22

    $305,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 1012, Panama City, FL 32408

    ***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring--En-suite bath off the main bedroom with shower/tub combo--2 twin bunks in the

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    January Johnson

    EXP Realty LLC

    (850) 998-3143

    8743 Thomas Dr Unit 1012, Panama City, FL 32408
  • /30

    $279,900

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408

    Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the

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    Shantel Peterson

    Real Broker LLC

    (448) 231-8143

    8743 Thomas Dr Unit 309, Panama City Beach, FL 32408
  • /30

    $5,900,000 New Construction

    • 8 Beds
    • 7.5 Baths
    • 5,662 Sq Ft

    5935 Gulf Dr, Panama City Beach, FL 32408

    Set along the sugar-white shoreline of Panama City Beach, 5935 Gulf Drive presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate community of just 20 homes. Only 10 of these residences enjoy a true Gulf-front setting, making this offering one of the final chances to secure a direct waterfront home in this thoughtfully designed enclave where

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    Hilary Farnum-Fasth

    Corcoran Reverie SRB

    (448) 222-3301

    5935 Gulf Dr, Panama City Beach, FL 32408
  • /46

    $525,000

    • 3 Beds
    • 2.5 Baths
    • 1,601 Sq Ft

    6222 Pinetree Ave, Panama City, FL 32408

    3BR/2.5BA home in East Panama City Beach. Paid-off solar panels, 2018 built with metal roof, 2-car garage. 3BR/2.5BA home in East Panama City Beach with 1,601 sq ft, a 2018 build, paid-off solar panels, and a metal roof. Located just south of Grand Lagoon in the east end area, this property offers a practical layout, durable exterior features, and proximity to beach access and boating. The

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    Brad Amerson LLC

    Compass Florida, LLC

    (448) 221-7666

    6222 Pinetree Ave, Panama City, FL 32408
  • /46

    $2,695,000

    • 4 Beds
    • 2.5 Baths
    • 1,786 Sq Ft

    5309 Gulf Dr, Panama City, FL 32408

    Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of

    Kristen Barr Counts Real Estate Group Inc

    5309 Gulf Dr, Panama City, FL 32408
  • /76

    $4,500,000

    • 7 Beds
    • 8.5 Baths
    • 4,715 Sq Ft

    8711 Surf Dr, Panama City, FL 32408

    $200K+ already booked for 2026 and projected to generate up to $400K annually, 'Above All' is a Gulf-front luxury beach house featuring 7 bedrooms, 8.5 baths, a Gulf-front pool, and parking for up to 9 vehicles with no HOA restrictions. Freshly styled with over $150,000 in brand-new designer furnishings, high-end accessories, custom window treatments, 12 smart TVs, and a 412-game arcade console,

    Christina Schlink Compass

    8711 Surf Dr, Panama City, FL 32408
  • /72

    $930,000

    • 3 Beds
    • 2 Baths
    • 1,950 Sq Ft

    5004 Thomas Dr Unit 1212, Panama City, FL 32408

    3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural

    Cindy Morehouse Counts Real Estate Group Inc

    5004 Thomas Dr Unit 1212, Panama City, FL 32408
  • /70

    $2,990,000 New Construction

    • 5 Beds
    • 6.5 Baths
    • 4,090 Sq Ft

    5940 Gulf Dr, Panama City Beach, FL 32408

    Introducing a rare opportunity in Hadley's Beach an exclusive, low-density Gulf-front community in Panama City Beach. One of just ten first-tier homesites, this newly constructed three-story retreat is purpose-built for luxury living and exceptional rental performance, offering stunning design, panoramic views, and turnkey income potential. Step into the first floor where a private guest suite

    Ashley Cutchins Miller & Associates Realty

    5940 Gulf Dr, Panama City Beach, FL 32408
  • /69

    $1,239,000

    • 5 Beds
    • 4 Baths
    • 3,048 Sq Ft

    7028 Thomas Dr, P C Beach, FL 32408

    A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite

    Kurt Fadden Legacy Premier Agency

    7028 Thomas Dr, P C Beach, FL 32408
  • /54

    $410,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1904, Panama City, FL 32408

    Fully Furnished Gulf-Front Condo with Stunning Views Welcome to Unit 1904 at 5115 Gulf Drive, an immaculate 1-bedroom, 2-bath luxury condo perfectly situated on the sugar-white sands of Panama City Beach. This turnkey, fully furnished residence offers breathtaking floor-to-ceiling Gulf views, modern finishes, and resort-style amenities—ideal as a vacation home, full-time residence, or

    Donna Fox Compass

    5115 Gulf Dr Unit 1904, Panama City, FL 32408
  • /35

    $380,000

    • 1 Bed
    • 2 Baths
    • 883 Sq Ft

    5115 Gulf Dr Unit 1102, Panama City, FL 32408

    Wake up to the sound of waves and the shimmer of emerald water from this beautifully appointed 1BR + hallway bunk, 2-bath Gulf-front residence at Seychelles. From the moment you step inside, the views pull you in—the private balcony becomes your front-row seat to sunrise mornings and slow, golden evenings. The open living space feels airy and welcoming, while the serene primary suite and ensuite

    Donna Fox Compass Florida, LLC

    5115 Gulf Dr Unit 1102, Panama City, FL 32408
  • /62

    $630,000

    • 3 Beds
    • 3 Baths
    • 1,839 Sq Ft

    6607 Sunset Ave, Panama City, FL 32408

    Coastal Living Meets Turnkey Investment OpportunityWelcome to this freshly updated 3-bedroom, 3-bath beach retreat, perfectly positioned within walking distance to the beach and just minutes from top local attractions, dining, and entertainment. Thoughtfully renovated with modern finishes and coastal charm, this home is designed for both relaxed living and strong rental performance. Proven

    The Emerald Coastal Team Counts Real Estate Group Inc

    6607 Sunset Ave, Panama City, FL 32408
  • /66

    $422,000

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft

    6505 Thomas Dr Unit 912, Panama City Beach, FL 32408

    2BR/2BA Gulf-front condo in Summerhouse, Panama City Beach. 120 sq ft balcony, 2 pools, short-term rentals allowed. Built 1987. This 2 bedroom, 2 bath Gulf-front condominium at Summerhouse Condo in the South Lagoon area of Panama City Beach offers 1,015 square feet and direct beach frontage at 6505 Thomas Drive. Built in 1987 and listed at 422,000, the unit allows short term rentals and is being

    Cindy Morehouse Counts Real Estate Group Inc

    6505 Thomas Dr Unit 912, Panama City Beach, FL 32408

Showing Results 1 - 40, Page 1 of 10

Why Live in Lower Grand Lagoon

Lower Grand Lagoon, FL, offers a relaxed beach town lifestyle with easy access to the Gulf of Mexico. Residents enjoy walking to the beach within minutes, benefiting from less tourist congestion compared to nearby Panama City Beach. The area features a mix of condos and single-family homes, including waterfront properties with docks for boating enthusiasts. Lower Grand Lagoon is home to St. Andrews State Park, a popular destination for camping, hiking, bird watching, snorkeling, and surfing. The community hosts events like the Lobster Festival at Schooners and the Annual Grand Lagoon Bloody Mary & Music Festival. Dining options include local favorites such as Schooners and Patches Pub, known for their seafood and live music. The Bay District school system serves the area, with highly rated schools like Patronis Elementary and J.R. Arnold High. Traffic is manageable with main routes like Thomas Drive, contributing to a more secluded feel. For those seeking things to do, Lower Grand Lagoon offers a blend of outdoor activities, local events, and dining experiences.

Frequently Asked Questions

What is the average home price in Lower Grand Lagoon, FL?
Homes for sale in Lower Grand Lagoon, FL have an average home price of $1,671,000.
Are home prices dropping in Lower Grand Lagoon?
Yes, home prices in Lower Grand Lagoon are down 66% in the last 12 months.
How many homes have sold over the last 12 months in Lower Grand Lagoon, FL?
2 homes have sold in Lower Grand Lagoon, FL over the last 12 months.
What are the most popular zip codes in Lower Grand Lagoon, FL?
The most popular zip codes in Lower Grand Lagoon, FL include 32408, 32401, 32407, 32413 and 32405.
How much do you need to make to afford a house in Lower Grand Lagoon?
The median home price in Lower Grand Lagoon is $899,000. If you put a 20% down payment of $179,800 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $4,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $192K a year to afford the median home price in Lower Grand Lagoon. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Lower Grand Lagoon, FL?
Lower Grand Lagoon, FL has highly rated public and private schools. Some of the best schools in Lower Grand Lagoon based on Niche Grades are Patronis Elementary School, Breakfast Point Academy and Surfside Middle School. Browse all the schools in Lower Grand Lagoon, FL to learn more.

Home Trends in Lower Grand Lagoon, FL

Housing Trends

Median Sale Price
$878,000
Median Single Family Sale Price
$878,000
Average Price Per Sq Ft
$564
Number of Homes for Sale
3
Last 12 months Home Sales
2
Months of Supply
18.00
Median List Price
$899,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-66%
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