7248 W Lakeland Drive
Panama City, FL 32404
MLS# 790710
3 beds | 2 baths | 2205 sqft
Property DescriptionBoater's Paradise on Deer Point Lake!
Welcome to 7248 W. Lakeland Drive, a rare waterfront gem offering approximately 250 feet of water frontage along the side and rear of the property. Ideally situated on a canal, this home captures stunning views of the expansive, deep waters of Deer Point Lake and delivers the ultimate Florida waterfront lifestyle.
With direct water access, this property is perfect for boating, fishing, kayaking, and lakefront living right from your backyard. The surrounding water front provides ample depth for boating, allowing easy access to the deep waters of Deer Point Lake, an ideal setup for avid boaters and water enthusiasts.
Nestled in a quiet, established neighborhood, the home offers a peaceful setting while remaining conveniently close to shopping, dining, schools, and Tyndall Air Force Base. Inside, the functional, light filled floor plan features rich Brazilian cherry hardwood flooring, a cozy fireplace, and an oversized screened in porch overlooking the water, perfect for relaxing and entertaining, as well as a side porch.
In addition to the three bedrooms, the home includes a versatile 12' x 12' bonus room that offers a plethora of possibilities. This flexible space can easily be used as a fourth bedroom, home office, exercise room, hobby space, or guest retreat, allowing you to tailor the home to your lifestyle needs.
Outdoors, the expansive waterfront yard offers endless possibilities, including ample space for a swimming pool, outdoor entertaining areas, additional outbuildings, or simply relaxing while taking in the breathtaking lake views and unforgettable sunsets.
Whether you're searching for a full time residence, a weekend retreat, or a long term investment, this exceptional Deer Point Lake property offers location, lifestyle, and remarkable water frontage, an excellent opportunity in Bay County, FL.
Schedule your private showing today and experience waterfront living at its finest.
List Price/SqFt: 238.96
Status: Active
List Date: 2026-06-02
List Price: $526,900
Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City, North on Hwy 231. Take left on CR 2321 (Dam Road). Go 1.7 miles to High Point Rd, turn right. Go 1.7 miles to W. Lakeland Dr. Turn left. Go to the end of road. House on right.
Area: 04 - Bay County - North
Street #: 7248
Street Direction: W
Street Name: Lakeland
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: Deerpoint Estates
Parcel ID: 05487-691-000
Legal Description: DEERPOINT ESTATES LOT 10 BLK 7 ORB 1228 P 257 ORB 2047 P 351 ORB 2266 P 987
Acreage: 0.55
Design: Ranch
Lot Size (SqFt): 23958
Apx SqFt(Htd/Cooled): 2205
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: An Appraiser
# of Stories in Building: 1
Pre-Const Flip: No
Lot Dimensions: 140' x 170'
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 6
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1986
HOA Fee: No
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3620
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks: Boater's Paradise on Deer Point Lake!
Welcome to 7248 W. Lakeland Drive, a rare waterfront gem offering approximately 250 feet of water frontage along the side and rear of the property. Ideally situated on a canal, this home captures stunning views of the expansive, deep waters of Deer Point Lake and delivers the ultimate Florida waterfront lifestyle.
With direct water access, this property is perfect for boating, fishing, kayaking, and lakefront living right from your backyard. The surrounding water front provides ample depth for boating, allowing easy access to the deep waters of Deer Point Lake, an ideal setup for avid boaters and water enthusiasts.
Nestled in a quiet, established neighborhood, the home offers a peaceful setting while remaining conveniently close to shopping, dining, schools, and Tyndall Air Force Base. Inside, the functional, light filled floor plan features rich Brazilian cherry hardwood flooring, a cozy fireplace, and an oversized screened in porch overlooking the water, perfect for relaxing and entertaining, as well as a side porch.
In addition to the three bedrooms, the home includes a versatile 12' x 12' bonus room that offers a plethora of possibilities. This flexible space can easily be used as a fourth bedroom, home office, exercise room, hobby space, or guest retreat, allowing you to tailor the home to your lifestyle needs.
Outdoors, the expansive waterfront yard offers endless possibilities, including ample space for a swimming pool, outdoor entertaining areas, additional outbuildings, or simply relaxing while taking in the breathtaking lake views and unforgettable sunsets.
Whether you're searching for a full time residence, a weekend retreat, or a long term investment, this exceptional Deer Point Lake property offers location, lifestyle, and remarkable water frontage, an excellent opportunity in Bay County, FL.
Schedule your private showing today and experience waterfront living at its finest.
Cooktop - Electric: 1
Dishwasher: 1
ENERGY STAR Qualified Appliances: 1
Ice Maker: 1
Microwave: 1
Oven - Convection: 1
Oven - Electric: 1
Refrigerator: 1
Warming Drawer: 1
Water Heater - Electric: 1
Water Purifier - Owned: 1
Water Softener - Owned: 1
Breakfast Bar: 1
Ceiling - Crwn Molding: 1
Ceiling - Vaulted: 1
Fireplace: 1
Floor - Hardwood: 1
Floor - Tile: 1
Lighting - Recessed: 1
Pantry: 1
Skylight(s): 1
Split Bedroom: 1
Brick: 1
Roof - Dimensional Shg: 1
Deck Enclosed: 1
Fenced Back Yard: 1
Fenced Lot-Part: 1
Fireplace: 1
Porch Covered: 1
Porch Open: 1
Dock: 1
Shore - Natural: 1
Waterfront Feet: Approx 250
Bonus Room: 1
Floor - Carpet: 1
Corner Lot: 1
Cul-De-Sac: 1
Dead End: 1
Near Public Boat Ramp: 1
Subdivision - Recorded: 1
Waterfront: 1
County Road: 1
Paved Road: 1
Driveway: 1
Garage Attached: 1
Garage Door Opener: 1
Gravel: 1
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
MBed Waterfront: 1
Dining Room: 1
Full Bathroom: 1
Master Bathroom: 1
Master Bedroom: 1
Cable - Available: 1
Phone - Available: 1
Private Well: 1
Septic Tank: 1
Canal w/ Gulf Access: 1
Lakefront: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
ENERGY STAR Qualified Equipment: 1
Fireplace - Wood Burning: 1
Appliances: Cooktop - Electric; Dishwasher; Disposal; Down Draft; ENERGY STAR Qualified Appliances; Ice Maker; Microwave; Oven - Convection; Oven - Electric; Refrigerator; Warming Drawer; Water Heater - Electric; Water Purifier - Owned; Water Softener - Owned
Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment; Heat Pump
Heating: Central; Electric; ENERGY STAR Qualified Equipment; Fireplace - Wood Burning
Exterior: Deck Enclosed; Fenced Back Yard; Fenced Lot-Part; Fireplace; Porch Covered; Porch Open; Porch Screened
Financing: Cash; Conventional; FHA; VA
Interior: Bonus Room; Floor - Carpet
Lot Features: Corner Lot; Cul-De-Sac; Dead End; Near Public Boat Ramp; Subdivision - Recorded; Waterfront
Lot Access: County Road; Paved Road
Security Features: Smoke Detector(s)
Parking Features: Driveway; Garage Attached; Garage Door Opener; Gravel; Paved
Rooms: Bedroom; Bonus Room; Dining Room; Full Bathroom; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Screened Porch
Utilities: Cable - Available; Phone - Available; Private Well; Septic Tank
Waterfront Type: Canal w/ Gulf Access; Lakefront
Waterfront Feature: Dock; Shore - Natural
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Living Room | First | 19.25 x 21 | 19.25 | 21.00 | 19.25 x 21 | |
| Kitchen | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Dining Room | First | 12.5 x 13.5 | 12.50 | 13.50 | 12.5 x 13.5 | |
| Bonus Room | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Master Bedroom | First | 13 x 17.5 | 13.00 | 17.50 | 13 x 17.5 | |
| Master Bathroom | First | 15.5 x 13 | 15.50 | 13.00 | 15.5 x 13 | |
| Bedroom | First | 11.5 x 14.5 | 11.50 | 14.50 | 11.5 x 14.5 | |
| Bedroom | First | 11.5 x 12.5 | 11.50 | 12.50 | 11.5 x 12.5 | |
| Full Bathroom | First | 11.5 x 5 | 11.50 | 5.00 | 11.5 x 5 | |
| Laundry | First | 14 x 8 | 14.00 | 8.00 | 14 x 8 | |
| Garage | First | 23.5 x 25 | 23.50 | 25.00 | 23.5 x 25 | |
| Screened Porch | First | 12.5 x 21 | 12.50 | 21.00 | 12.5 x 21 | Back Porch |
| Screened Porch | First | 8.25 x 12 | 8.25 | 12.00 | 8.25 x 12 | Side Porch |
Listing Office: Corcoran Reverie
Last Updated: June - 02 - 2026
Information deemed reliable but not guaranteed.