$1,200,000
Panama City Beach, FL 32408
MLS# 791342
1 / 12
Property Description
Rare opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Opportunities like this are becoming increasingly difficult to find, especially with the flexibility and potential this property offers. The true value is in the land. Situated on two lots, this property offers the potential to renovate, rebuild, or redevelop. Per the county, the existing residence may be removed and the lots split, creating a unique opportunity for investors, builders, or those looking to create a custom waterfront estate. Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. With its prime South Lagoon location, expansive waterfront frontage, and development potential. Bring all offers. Opportunities to acquire a double waterfront lot with Gulf access in this location are rare. There is a home currently on the property. Home demolition to be performed by buyer.
Details
Maps
Contract Info
List Price/Acre: 3750000
Status: Active
List Date: 2026-06-15
List Price: $1,200,000
Current Price: $1,200,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: Holiday Beach
Waterfront: 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.
Street #: 7122
Street Direction: S
Street Name: Lagoon
Street Suffix: Drive
Area: 03 - Bay County - Beach
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
General Property Info
Acreage: 0.32
Lot Size (SqFt): 13939
Lot Dimensions: 100.0 ft x 140.0 ft
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 13141.7
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Rare opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Opportunities like this are becoming increasingly difficult to find, especially with the flexibility and potential this property offers.
The true value is in the land. Situated on two lots, this property offers the potential to renovate, rebuild, or redevelop. Per the county, the existing residence may be removed and the lots split, creating a unique opportunity for investors, builders, or those looking to create a custom waterfront estate.
Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. With its prime South Lagoon location, expansive waterfront frontage, and development potential.
Bring all offers. Opportunities to acquire a double waterfront lot with Gulf access in this location are rare. There is a home currently on the property. Home demolition to be performed by buyer.
Other Structures
Boat House: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Near Beach Access: 1
Near Public Boat Ramp: 1
Waterfront: 1
Will Divide: 1
Within 1/2 Mile to Water: 1
Waterfront Feature
Bulkhead/Seawall: 1
Waterfront Feet: 100
Lot Access
Paved Road: 1
Present Zoning
Resid Single Family: 1
Utilities
Electricity - Connected: 1
Water Connected: 1
Septic Tank: 1
Waterview
Lagoon: 1
Waterfront Type
Lagoon/Estuary: 1
Property Features
Financing: Cash; Conventional
Lot Access: Paved Road
Lot Features: Near Beach Access; Near Public Boat Ramp; Waterfront; Will Divide; Within 1/2 Mile to Water
Other Structures: Boat House
Utilities: Electricity - Connected; Water Connected; Septic Tank
Waterfront Type: Lagoon/Estuary
Waterview: Lagoon
Present Zoning: Resid Single Family
Listing Office: Beach House Sales and Development
Last Updated: June - 15 - 2026
Information deemed reliable but not guaranteed.