18

Lower Grand Lagoon Townhomes for Sale

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  • /47

    $465,000

    • 2 Beds
    • 2.5 Baths
    • 1,548 Sq Ft

    6717 Beach Dr, Panama City, FL 32408

    Luxury Townhome Just Steps from the Sugar-White Sands of the Gulf of AmericaThis stunning luxury townhome is located approximately 900 feet from the pristine shores of the Gulf of America and just a few steps from your door to the community pool. Rarely do properties become available in this small, highly desirable community, just a couple of blocks from specialty dining, dedicated beach access,

    Thom Bachelder Panhandle Real Estate

    6717 Beach Dr, Panama City, FL 32408
  • /61

    $499,999

    • 2 Beds
    • 1.5 Baths
    • 1,279 Sq Ft

    8407 Thomas Dr Unit 2, Panama City, FL 32408

    Are you looking for your own private vacation spot on the Beach? Are you no longer wanting to share your space at your home away from home? If so, check out this unit located on the beach side of Thomas Drive. That's right, beachside, so only 100 feet to the Beach with no road in between you and the sparkling teal waters of Panama City Beach. Spacious and clean, this unit is close enough to the

    Melany Hathcock CENTURY 21 Ryan Realty Inc

    8407 Thomas Dr Unit 2, Panama City, FL 32408
  • /9

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,158 Sq Ft

    3816 Quarts St Unit D, Panama City, FL 32408

    Coastal charm meets investment potential at The Crystal Quarts. Nestled on the tranquil East End of Panama City Beach, this fully renovated coastal townhome offers an incredible investment opportunity or dream getaway. Whether you are looking for a turnkey short-term rental or a personal slice of paradise, this fully furnished retreat has it all. Located in the Northwest Panhandle of Florida,

    Tyler Southerland Coastal Heritage Real Estate LLC

    3816 Quarts St Unit D, Panama City, FL 32408
  • /61

    $339,000

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

    6215 Thomas Dr Unit 101, Panama City, FL 32408

    End-Unit Coastal Retreat at Summerplace Townhomes - Just Steps to the Beach!Y" South of Thomas Drive | Unit 101 | Gulf Side | Panama City Beach, FLWelcome to Unit 101 at Summerplace Townhomes, an exceptional and fully furnished end-unit located just a short walk from the sugar-white sands and emerald-green waters of the Gulf of Mexico. Perfectly positioned on the highly desirable south side of

    Laurie Hardy Counts Real Estate Group Inc

    6215 Thomas Dr Unit 101, Panama City, FL 32408
  • /24

    $389,999

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft

    6223 S Lagoon Dr, Panama City, FL 32408

    Beautiful Renovated Townhouse with Water Views & Modern Upgrades!-Water Views Enjoy stunning views right from your home!-Renovated 2 Bed, 2 Bath Townhouse Move-in ready with modern upgrades.-Furnishings Convey with home

    Scott Fader Joseph Walter Realty LLC

    6223 S Lagoon Dr, Panama City, FL 32408
  • /43

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft

    5812 Beach Dr Unit B, Panama City, FL 32408

    Blissful Beach Bungalow offers a delightful coastal farmhouse-inspired retreat just a 3-minute walk from the beach in Panama City Beach. This two-story home accommodates families and furry friends, with a spacious backyard for pets to roam. Conveniently located near attractions like St. Andrew's State Park, Rick Seltzer Park, and Treasure Island Marina, guests can easily enjoy various activities

    Tyler Southerland Coastal Heritage Real Estate LLC

    5812 Beach Dr Unit B, Panama City, FL 32408
  • /40

    $399,000

    • 2 Beds
    • 2.5 Baths
    • 1,158 Sq Ft

    5802 Beach Dr, Panama City, FL 32408

    Welcome to your perfect coastal retreat! This stunning townhome is just a short walk to the beach and is designed for both relaxation and adventure. Thoughtfully decorated with elegant coastal touches, this home features a modern kitchen outfitted with sleek stainless steel appliances, making it as stylish as it is functional.Step outside and enjoy the spacious full backyard, where a shaded deck

    Clint Furney Anchor Realty Florida

    5802 Beach Dr, Panama City, FL 32408
  • /14

    $314,000

    • 2 Beds
    • 1.5 Baths
    • 1,088 Sq Ft

    6300 Pinetree Ave Unit B, Panama City, FL 32408

    Recently remodeled (summer 2024)It is just a short distance to the beach with NO HOA.If you love boating and fishing, use one of the 4 public boat ramps located on the popular S Lagoon Dr and enjoy your day on the water.Located near St Andrews state park, great local seafood restaurants, and shopping.Outside, backyard is great for enjoying the coastal breeze and entertaining guests, all within

    Steven Koleno Beycome of Florida LLC

    6300 Pinetree Ave Unit B, Panama City, FL 32408
  • /64

    $1,200,000

    • 3 Beds
    • 3 Baths
    • 1,616 Sq Ft

    7835 Surf Dr, Panama City, FL 32408

    Gulf-front living at its finest! This delightful townhome is located in the charming and highly sought-after Surf Drive area, offering breathtaking views and direct beach access. No elevators are needed--just step right onto the sand! Plus, it comes with two parking spaces for added convenience. The main level features an open-concept living, dining, and kitchen area with large windows and

    Kelli Sullivan Beachy Beach Real Estate

    7835 Surf Dr, Panama City, FL 32408
  • /7

    $970,000

    • 2 Beds
    • 2.5 Baths
    • 1,275 Sq Ft

    8217 Surf Dr Unit A, Panama City, FL 32408

    Owner Financing Available! **Professional pictures coming soon** Nestled along the tranquil sugar sand beach of Panama City Beach, Florida, emerges our newly renovated ''Emerald Surf'' townhouse. This charming 2-bedroom, 2.5-bathroom abode is the epitome of seaside living, promising a cozy retreat amidst the beauty of the emerald coast. The property beckons with a very large back deck offering

    Matthew Thomas Beach Time Realty, Inc

    8217 Surf Dr Unit A, Panama City, FL 32408
  • /31

    $330,000

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

    6215 Thomas Dr Unit 135, Panama City, FL 32408

    Welcome to Summerplace townhomes, specifically unit 135, the most desriable unit in the complex. Imagine your very own end unit with patio doors that open directly to the pool. This 2 bedroom 2 bath townhome is the perfect property for your primary residence, vacation home or short term rental. Both bedrooms are on the second floor and share a jack and jill bath AND have loads of closet

    Jeff Payne Keller Williams Success Realty

    6215 Thomas Dr Unit 135, Panama City, FL 32408
  • /23

    $349,900

    • 2 Beds
    • 2 Baths
    • 1,088 Sq Ft

    6708 Thomas Dr Unit D, Panama City, FL 32408

    IT'S ALL ABOUT THE BEACH! Just 900 feet to Beach Access 12A! This charming beach-style townhome is ideally located south of Grand Lagoon and has not been a vacation rental--only occasionally used by the owner. With no HOA restrictions, the possibilities are endless - whether you're looking to use it as your primary residence, a long-term rental, or as a profitable Airbnb investment. Explore

    Theresa Callahan Anchor Realty Florida

    6708 Thomas Dr Unit D, Panama City, FL 32408
  • /45

    $759,000

    • 3 Beds
    • 3 Baths
    • 2,246 Sq Ft

    4127 Cobia St, Panama City, FL 32408

    LOOK! Just Reduced $16K! This has one of the LOWEST PRICE per sq ft this close to the beach! This is a MUST SEE! NO HOA! Do not pass this one by! Large townhome only steps to the beach! Townhome has 3 bedrooms and 3 bathrooms. Tall ceilings and crown molding throughout as well as wide baseboards. Master can be upstairs, or downstairs take your pick. This townhouse has beautiful new LVP

    Jeff Minor Realty One of Northwest Florida LLC

    4127 Cobia St, Panama City, FL 32408
  • /22

    $439,900

    • 3 Beds
    • 2 Baths
    • 1,288 Sq Ft

    5516 Beach Dr Unit A, Panama City, FL 32408

    **OPEN HOUSE SATURDAY (4/26) NOON to 2pm!* *$10K PRICE REDUCTION* LOCATION, LOCATION, LOCATION! Public beach access one block from this spacious, 3Bd/2Bth+Bunk Room duplex style townhome with a new garage door and opener, a front deck off of master bedroom, 2 rear decks, and fenced back yard, all on a corner lot. NO HOA!! Also walking distance to the NEW Dolphin St. boat launch, Treasure Island

    Ryan Powell Keller Williams Success Realty

    5516 Beach Dr Unit A, Panama City, FL 32408
  • /83

    $769,000

    • 3 Beds
    • 3 Baths
    • 2,246 Sq Ft

    4129 Cobia St, Panama City, FL 32408

    HUGE Price Reduction of $30K! This is LOWEST or one of the LOWEST PRICED per square ft home located next to the Gulf of America with this amount of real estate. HUGE backyard. Plus the whole side facing Surf Dr belongs to this unit. LOTS of room to add more even parking, a sundeck facing the beach and pool. This place is a walk in and do nothing dream. It has been taken down to the studs. Pretty

    Jeff Minor Realty One of Northwest Florida LLC

    4129 Cobia St, Panama City, FL 32408
  • /53

    $999,000

    • 4 Beds
    • 3.5 Baths
    • 2,537 Sq Ft

    5405 Thomas Dr, Panama City, FL 32408

    Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for

    Duran Group Berkshire Hathaway HomeServices Beach Properties of Florida

    5405 Thomas Dr, Panama City, FL 32408
  • /52

    $345,000

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

    6215 Thomas Dr Unit P131, Panama City, FL 32408

    HUGE Price Reduction! Summer Place Townhomes, South of Thomas Drive, on the Gulf side! Often noted as the best part of the beach, quiet, sidewalks, less people, less noise, more sand, sun and relaxing! Featuring 2 bedrooms and 2.5 bathrooms, sleeps 6-10 people with a private balcony and covered porch and ample storage. Kitchen has been updated and overlooks dining and family room. Sit outside on

    Bubba McCants Counts Real Estate Group Inc

    6215 Thomas Dr Unit P131, Panama City, FL 32408
  • /51

    $399,000

    • 2 Beds
    • 1.5 Baths
    • 1,140 Sq Ft

    8422 Thomas Dr Unit C, Panama City, FL 32408

    Welcome to your slice of paradise at 8422 Thomas Drive! This perfect beach rental offers an unparalleled coastal lifestyle, which is on the East end of Panama City Beach in the Bel Air Community. Steps away from the Gulf of Mexico, sugar white sands and emerald green water. 2 bedrooms, 1.5 bathrooms, and fully furnished for your convenience, this charming retreat is an ideal investment

    Bubba McCants Counts Real Estate Group Inc

    8422 Thomas Dr Unit C, Panama City, FL 32408

About Lower Grand Lagoon

Lower Grand Lagoon in Panama City Beach is a residential neighborhood known for its easy beach access and quieter atmosphere compared to the bustling tourist areas to the west. Residents can walk to the beach in about 8 to 10 minutes, with several public access points leading to the Gulf of Mexico's white, sugary sand. The neighborhood features a mix of condos and traditional single-family homes, ranging from modest one-bedroom units to large waterfront properties with docks. St. Andrews State Park, a popular local attraction, offers camping, hiking, bird watching, snorkeling, and surfing opportunities. The area is also home to numerous fishing charters and water tour services, providing residents with ample opportunities to explore the local marine life, including bottlenose dolphins. Lower Grand Lagoon hosts events like the Lobster Festival at Schooners and the Grand Lagoon Bloody Mary & Music Festival, adding to its community feel. Dining options include locally owned spots like Schooners and Patches Pub, known for their seafood and live music. The neighborhood is served by the Bay District school system, with highly rated schools such as Patronis Elementary and J.R. Arnold High. With fewer traffic issues and a more secluded feel, Lower Grand Lagoon offers a peaceful living environment while still providing easy access to the attractions and amenities of Panama City Beach.

Home Trends in Lower Grand Lagoon, FL

Home Trends

Median Price (12 Mo)
$479,000
Median Single Family Price
$505,000
Median Townhouse Price
$432,000
Median 2 Bedroom Price
$491,450
Median 1 Bedroom Price
$292,000
Average Price Per Sq Ft
$431
Number of Homes for Sale
303
Last 12 months Home Sales
337
Months of Supply
10.80
Median List Price
$512,495
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
0%
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