102 Grand Lagoon Shores Drive 1-4, Panama City, FL 32408 (MLS# 774971)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 905

Last Tax Year: 2024

Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.

List Price/SqFt: 217.86

Status: Sold

List Date: 2025-06-16

List Price: $1,559,000

Current Price: $1,497,868

Unit #: 1-4

Sub Area: 0319 - Beach - East

Community/Resort: Grand Lagoon Shores

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Take North Lagoon Dr E, Left on Grand Lagoon Shores Dr and then the property will be located on the right.

Area: 03 - Bay County - Beach

Street #: 102

Street Name: Grand Lagoon Shores

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Grand Lagoon Shores 7

Parcel ID: 30188-271-000

Legal Description: GRAND LAGOON SHORES UNIT 7 LOT 9 BLK F ORB 1634 P 1189 ORB 2207 P 1404 ORB 2512 P 2279 ORB 2596 P 422

Acreage: 0.28

Design: N/A

Lot Size (SqFt): 12197

Apx SqFt(Htd/Cooled): 7156

Construction Status: Under Construction

SqFt Source: Builders Plans

Half Baths: 4

# of Stories in Building: 2

# of Units in Bldg: 4

Lot Dimensions: Irregular

New Construction: Yes

Garage Y/N: Yes

Garage Spaces: 1

Pool: No

Sub-Type: Quadplex Multi-Units

Bedrooms: 12

Full Baths: 8

Total Baths: 12

Year Built: 2025

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS WOW - 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach Location Capitalize on a premier investment opportunity with this newly constructed four-unit property, ideally situated in the high-growth North Lagoon area of Panama City Beach. As the only new quadplex currently available, this property offers a significant competitive advantage in the local rental market. Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage. Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent. Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA. Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand. Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy. This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida's most robust markets.

Sold Price/SqFt: 209.32

Sold Price/Acre: 5349528.57

Under Contract Date: 2025-11-26

Sold Date: 2025-12-22

Sold Price: $1,497,868

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Floor - Laminate: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Pantry: 1

Stairs: 1

Concrete: 1

Foundation - Slab on Grade: 1

Wood/Frame: 1

Roof - Asphalt: 1

Roof - Metal: 1

Siding - Hardie Board: 1

Trim - Hardie Board: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Porch Covered: 1

Porch Open: 1

Cash: 1

Conventional: 1

VA: 1

Unfurnished: 1

First: 1

First: 1

Corner Lot: 1

Improved Lots: 1

Landscaped: 1

Near Beach Access: 1

Near Public Boat Ramp: 1

Sidewalk: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Garage Attached: 1

Shared Driveway: 1

County: 1

Resid Multi-Family: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

Cable - Available: 1

Electric 220/240: 1

Phone - Available: 1

Sewer Available: 1

Public Water - Available: 1

Lagoon: 1

As Is: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Central: 1