7122 S Lagoon Drive, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
7122 S Lagoon Drive,Panama City Beach, FL 32408
$1,200,000
  • 3 Beds
  • - Baths
  • 2,139 sq. ft.
  • Single family
  • Active
Listed by: beth mulvey, erin b hood
Office: beach house sales and development
MLS#:791341
Source:FL_BCMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$561.01

About this home

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!

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Home facts

  • Year built:1977
  • Listing ID #:791341
  • Added:1 day(s) ago
  • Updated:June 15, 2026 at 11:18 AM

Rooms and interior

  • Bedrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:2,139 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1977
  • Building area:2,139 sq. ft.
  • Lot area:0.32 Acres
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Exterior Features:Boat Lift, Deck, Dock, Patio, Porch
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$561.01
  • Tax amount:$13,142 (2025)

Features and amenities

  • Amenities:ElectricRange, ElectricWaterHeater, UtilityRoom

Parking

  • Parking description:Additional Parking, Paved
  • Garage:Yes
  • Garage spaces:2
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