7012 S Lagoon Drive, Panama City, FL 32408 (MLS# 796639)

Acreage: 0.16

Design: Beach House

Lot Size (SqFt): 6970

Apx SqFt(Htd/Cooled): 1304

Construction Status: Construction Complete

SqFt Source: Prop App Site

Accessory Dwelling Unit: No

Lot Dimensions: 50.0 ft x 142.0 ft

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1979

List Price/SqFt: 625

Status: Active

List Date: 2026-10-06

List Price: $815,000

Current Price: $815,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: Holiday Beach

Waterfront: Yes

Gulf Access: Yes

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From the Hathaway bridge, take Front Beach Road then turn left on Joan Ave. At the light at Thomas drive, turn left. About 1.2 miles, turn left onto Venus street, then right on South Lagoon Dr. House will be on the left.

Area: 03 - Bay County - Beach

Street #: 7012

Street Direction: S

Street Name: Lagoon

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Holiday Beach Unit 11

Parcel ID: 30795-000-000

Legal Description: HOLIDAY BEACH UNIT #11 LOT 72 BLK A ORB 4458 P 2012

HOA Fee: No

New Buyer Fee: No

Last Taxes: 3244.48

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: Enjoy waterfront living in the desirable Lower Grand Lagoon area of Panama City Beach with this 3-bedroom, 2-bath home offering 50 feet of frontage on the lagoon and direct access to the Gulf. The property features a boathouse with a 10,000-lb boat lift, making it easy to enjoy boating, fishing, and days on the water right from your backyard. Inside, the home offers an open floor plan with a wood-burning fireplace, granite countertops in the kitchen and bathrooms, and an enclosed porch providing additional space for relaxing, entertaining, or creating a home office or game room. Recent improvements include new flooring and interior paint throughout, exterior paint completed in 2025, and roofs on both the home and boathouse replaced in 2022. The HVAC was serviced and the septic tank pumped in 2026. A detached one-car garage provides additional storage for beach and boating gear. For buyers needing even more space, a separate lot located approximately one block away is also available for purchase separately (MLS #796638 )and features a three-car garage--perfect for storing boats, vehicles, golf carts, and other toys or creating additional workspace. Conveniently situated near the beautiful beaches of the Gulf, local dining, shopping, and entertainment, this property offers easy access to everything Panama City Beach has to offer. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers plenty of possibilities to make it your own.

First: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Roof - Dimensional Shg: 1

Deck Covered: 1

Deck Open: 1

Fenced Back Yard: 1

Boat Slip: 1

Boatlift: 1

Dock: 1

Waterfront Feet: 50

Boat House: 1

Cash: 1

Conventional: 1

Unfurnished: 1

Flood Insurance Req: 1

Interior Lot: 1

Waterfront: 1

Paved Road: 1

Driveway: 1

Garage Detached: 1

Resid Single Family: 1

Bedroom: 1

Florida Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

Lagoon: 1

As Is: 1

Lagoon/Estuary: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fireplace - Wood Burning: 1

MBath Shower Only: 1

Smoke Detector(s): 1