7931 S Lagoon Drive #A & B, Panama City, FL 32408

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
7931 S Lagoon Drive #A & B,Panama City, FL 32408
$335,000
  • 4 Beds
  • 3 Baths
  • 1,860 sq. ft.
  • Multi-family
  • Active
Listed by: barbara a wade
Office: beachy beach real estate
MLS#:791135
Source:FL_BCMLS

Price summary

  • Price:$335,000
  • Price per sq. ft.:$180.11

About this home

INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned between the Gulf of Mexico and Grand Lagoon, this duplex offers an exceptional opportunity to renovate, reposition, and maximize income potential in one of Panama City Beach's most sought-after areas. Featuring two units with a combined 4 bedrooms, 3 bathrooms, (2/2 & 2/1) and approximately 1,868 square feet, this property is ideally located near beaches, marinas, Rick Selzer Park, boat ramp, restaurants, entertainment venues, and all that the South Lagoon area has to offer. Whether your vision is long-term rentals, seasonal occupancy, or a personal beach retreat with income-producing potential, the possibilities are abundant. The roof was replaced approximately five years ago, providing a valuable head start for future improvements. The property is being offered at appraised value that was determined by an appraiser in May 2026. The appraisal considered both the property's current condition and contractor estimate for...

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Home facts

  • Year built:1975
  • Listing ID #:791135
  • Added:2 day(s) ago
  • Updated:June 13, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:4
  • Kitchen Description:Electric Cook Top, Electric Oven, Electric Water Heater
  • Living area:1,860 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1975
  • Building area:1,860 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Duplex
  • Construction Materials:Block
  • Levels:1 Story

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$335,000
  • Price per sq. ft.:$180.11
  • Tax amount:$2,670 (2025)

Features and amenities

  • Amenities:ElectricCooktop, ElectricOven, ElectricWaterHeater

Parking

  • Parking description:Parking Lot, Unpaved
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