5821 S Lagoon Drive, Panama City, FL 32408 (MLS# 773985)


$407,000
5821 S Lagoon Drive
Panama City, FL 32408
MLS# 773985
Status: Sold
2 beds  |  2 baths  |  1292 sqft


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1 Boat Dock on Dolphin Street View Living Room Living Room Bar Area Bar and Custom Kitchen Custom Kitchen Custom Kitchen Custom Kitchen Dining Area Dining Area Leading into Den Den Den Sitting Area / Office Master Suite Master Suite Master Ensuite Master Ensuite Master Ensuite Guest Bedroom Guest Bedroom Guest Bathroom Welcome to Paradise! Front Porch with a Water View! Backyard Oasis with Covered Shop! Backyard Oasis with a Covered Shop! Backyard Oasis! Incredible Yard Incredible Yard Rear View of the Home Steps to the Water! 2 Property Overview! Property Overview!

Property Description
UNDER CONTRACT - ACCEPTING BACKUP OFFERS! There simply isn't a better home in PCB... Less than 100 feet to the Bay, less than 4 blocks to the Gulf, over $60k in updates, one of the most desirable locations on the East end of the beach, and one of the absolute lowest priced homes available. Blink and you'll miss this once in a lifetime steal!!! This incredible Beach Bungalow is located directly across from the Dolphin Boat Ramp on Grand Lagoon, and it offers incredible water views! This unbelievably well maintained block home has received countless updates (impact resistant windows in 2019, trusses and roof in 2022, all new master bathroom in 2022, HVAC in 2023, new septic in 2019, and the list goes on! Although this cozy beach home offers an amazing layout with 2 bedrooms, 2 bathrooms, an open living room and kitchen, a separate dining room, an incredible den, and a unique reading area/office with natural light peacefully flowing throughout - the outside living area is where this bungalow truly shines... From the expansive front porch with water views, to the meticulously manicured backyard, you are guaranteed to have more than enough room for entertaining family and friends. And for those day's when you just want to tune out the outside world and relax, you won't find a more quite and peaceful location so close to the water. No matter if you are an avid boater, an RV'er, or if you enjoy a peaceful day of fishing or kayaking, the amazing workshop and backyard offers more than enough room for you to store every toy your heart could desire! This home exceeds all expectations, and is close to all the best that PCB has to offer (dining, shopping, live music, the Bay, the Gulf, and everything in between), yet it is perfectly situated in one of the most peaceful communities around. Go look at all the other homes available. Don't just look at the pictures, we ask that you actually go out and truly ''feel'' the home, you breathe in the air, and you experience the community. Then... come be our guest and experience a level of perfected living you never knew was possible. Welcome Home!!!

Details
Maps
Contract Info
List Price/SqFt: 320.43
Status: Sold
List Date: 2025-05-26
List Price: $414,000
Current Price: $407,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Traveling East on Thomas Drive, turn left on Dolphin. In about 3 blocks, the house will be on the right - on the corner of S. Lagoon and Dolphin. Across from the boat ramp.
Area: 03 - Bay County - Beach
Street #: 5821
Street Direction: S
Street Name: Lagoon
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Biltmore Beach 1st Add
Parcel ID: 32030-000-000
Legal Description: BILTMORE BEACH 1ST ADD LOT 1 BLK E ORB 4541 P 511
General Property Info
Acreage: 0.13
Design: Bungalow
Lot Size (SqFt): 5663
Apx SqFt(Htd/Cooled): 1292
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Pre-Const Flip: No
Lot Dimensions: 50 x 110
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 1956
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3322
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: UNDER CONTRACT - ACCEPTING BACKUP OFFERS! There simply isn't a better home in PCB... Less than 100 feet to the Bay, less than 4 blocks to the Gulf, over $60k in updates, one of the most desirable locations on the East end of the beach, and one of the absolute lowest priced homes available. Blink and you'll miss this once in a lifetime steal!!! This incredible Beach Bungalow is located directly across from the Dolphin Boat Ramp on Grand Lagoon, and it offers incredible water views! This unbelievably well maintained block home has received countless updates (impact resistant windows in 2019, trusses and roof in 2022, all new master bathroom in 2022, HVAC in 2023, new septic in 2019, and the list goes on! Although this cozy beach home offers an amazing layout with 2 bedrooms, 2 bathrooms, an open living room and kitchen, a separate dining room, an incredible den, and a unique reading area/office with natural light peacefully flowing throughout - the outside living area is where this bungalow truly shines... From the expansive front porch with water views, to the meticulously manicured backyard, you are guaranteed to have more than enough room for entertaining family and friends. And for those day's when you just want to tune out the outside world and relax, you won't find a more quite and peaceful location so close to the water. No matter if you are an avid boater, an RV'er, or if you enjoy a peaceful day of fishing or kayaking, the amazing workshop and backyard offers more than enough room for you to store every toy your heart could desire! This home exceeds all expectations, and is close to all the best that PCB has to offer (dining, shopping, live music, the Bay, the Gulf, and everything in between), yet it is perfectly situated in one of the most peaceful communities around. Go look at all the other homes available. Don't just look at the pictures, we ask that you actually go out and truly ''feel'' the home, you breathe in the air, and you experience the community. Then... come be our guest and experience a level of perfected living you never knew was possible. Welcome Home!!!
Status Change Info
Sold Price/SqFt: 315.02
Sold Price/Acre: 3130769.23
Under Contract Date: 2025-08-19
Sold Date: 2025-09-24
Sold Price: $407,000
Covered Porch
First: 1
Deck/Patio
First: 1
Den
First: 1
Dining Room
First: 1
Sitting Room
First: 1
Workshop
First: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Window - Treatment All: 1
Construction/Siding
Block: 1
Foundation - Slab on Grade: 1
Roof - Metal: 1
Siding - Stucco: 1
Trim - Hardie Board: 1
Exterior
Double Pane Windows: 1
Fenced Lot-All: 1
Patio Covered: 1
Porch Covered: 1
Waterfront Feature
Boat Launch: 1
Other Structures
Workshop: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Parking Features
Carport Detached: 1
Garage Detached: 1
Street: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Covered Porch: 1
Deck/Patio: 1
Den: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Sitting Room: 1
Workshop: 1
Utilities
Electricity - Connected: 1
Public Water - Connected: 1
Septic Tank: 1
Waterview
Lagoon: 1
Sale Type
As Is: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Dryer; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Bedroom: First
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Exterior: Double Pane Windows; Fenced Lot-All; Patio Covered; Porch Covered
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Kitchen: First
Living Room: First
Covered Porch: First
Den: First
Dining Room: First
Sitting Room: First
Workshop: First
Parking Features: Carport Detached; Garage Detached; Street
Other Structures: Workshop
Rooms: Bedroom; Covered Porch; Deck/Patio; Den; Dining Room; Kitchen; Living Room; Sitting Room; Workshop
Sale Type: As Is
Utilities: Electricity - Connected; Public Water - Connected; Septic Tank
Waterfront Feature: Boat Launch
Waterview: Lagoon
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width Dimensions
Living RoomFirst11 x 2011.0020.0011 x 20
KitchenFirst11 x 1011.0010.0011 x 10
Dining RoomFirst11 x 811.008.0011 x 8
DenFirst11 x 1311.0013.0011 x 13
Sitting RoomFirst11 x 811.008.0011 x 8
BedroomFirst11 x 1011.0010.0011 x 10
BedroomFirst9 x 109.0010.009 x 10
WorkshopFirst21 x 1721.0017.0021 x 17
Covered PorchFirst38 x 538.005.0038 x 5
Deck/PatioFirst16 x 1016.0010.0016 x 10

Listing Office: Beachy Beach Real Estate

Last Updated: June - 17 - 2026

Information deemed reliable but not guaranteed.