7122 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 791341)

List Price/SqFt: 561.01

Status: Active

List Date: 2026-06-15

List Price: $1,200,000

Current Price: $1,200,000

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: Thomas Drive to North on Holiday Dr. Follow to South Lagoon Drive, left on South Lagoon Drive, property is on the right. See sign.

Area: 03 - Bay County - Beach

Street #: 7122

Street Direction: S

Street Name: Lagoon

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Holiday Beach Unit 1

Parcel ID: 30799-010-000

Legal Description: HOLIDAY BEACH UNIT #11 LOTS 83 & 84 BLK A ORB 1991 P 317

Acreage: 0.32

Design: Ranch

Lot Size (SqFt): 13939

Apx SqFt(Htd/Cooled): 2139

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 100.0 ft x 140.0 ft

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 3

Total Baths: 3

Year Built: 1977

HOA Fee: No

New Buyer Fee: No

Last Taxes: 13141.7

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: 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!

First: 1

First: 1

First: 1

First: 1

First: 1

Dishwasher: 1

Freezer: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Ceiling - Beamed: 1

Fireplace: 1

Pantry: 1

Brick: 1

Foundation - Slab on Grade: 1

Roof - Composite Shngl: 1

Deck Open: 1

Fenced Lot-Part: 1

Hurricane Shutters: 1

Patio Enclosed: 1

Patio Open: 1

Porch Covered: 1

Boatlift: 1

Dock: 1

Bulkhead/Seawall: 1

Waterfront Feet: 100

Boat House: 1

Outbuilding: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

First: 1

Waterfront: 1

Will Divide: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Additional Parking: 1

Boat: 1

Driveway: 1

Garage Attached: 1

Oversized: 1

Paved: 1

RV Access/Parking: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Family Room: 1

Full Bathroom: 1

Garage: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

Sun Room: 1

Utility Room: 1

Cable - Available: 1

Electricity - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

Lagoon: 1

Unobstructed: 1

First: 1

Lagoon/Estuary: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Electric: 1

Fireplace(s): 1

MBath Shower Only: 1

MBed First Floor: 1

MBed Waterfront: 1