7315 S Lagoon Drive
Panama City Beach, FL 32408
MLS# 786441
3 beds | 2 baths | 1296 sqft
Open House (11/18/2026 - 10:00 am - 1:00 pm)
Property DescriptionDiscover the ultimate coastal getaway where beach living, boating adventures, and investment potential come together! Perfectly situated just three blocks from the beautiful white sandy beaches of Panama City Beach and directly across from the Lagoon, this charming 3-bedroom, 2-bath home offers an incredible opportunity to own your own slice of paradise. Whether you're searching for a primary residence, vacation retreat, or income-producing short-term rental, this property checks all the boxes!
Completely rebuilt from the studs out in 2020, this beautifully maintained home is tastefully decorated, sold FULLY FURNISHED, and ready for you or your rental guests to start enjoying immediately! With accommodations for up to 11 guests, there's plenty of room for family and friends. The spacious primary bedroom features a king-size bed, the second bedroom offers two queen beds, and the third bedroom includes a double-size bunk bed with a twin trundle.
Inside, you'll love the versatility of TWO spacious living areas, providing plenty of room to spread out, relax, and entertain. The thoughtfully designed layout also includes a full laundry room just outside of the kitchen with additional storage for convenience.
Step outside and embrace the Florida lifestyle! The large outdoor deck is perfect for grilling, entertaining, or simply unwinding after a day in the sunshine. A generous storage building provides ample space for beach chairs, bicycles, fishing gear, and all your coastal toys.
BOAT LOVERS, THIS ONE IS FOR YOU! The gated driveway offers room to park your boat, and a nearby boat launch makes it easy to spend your days exploring the Lagoon, enjoying world-class saltwater fishing, or cruising over to the breathtaking beaches of Shell Island. Prefer to stay on land? This golf-cart-friendly location makes it easy to enjoy nearby beaches, restaurants, shopping, and entertainment!
And here's one of the best features: NO HOA FEES OR HOA RESTRICTIONS, AND SHORT-TERM RENTALS ARE PERMITTED! In fact, a winter guest is booked from Dec 13 to March 7th bringing the owner $5900 in rental income!
LOCATION, LIFESTYLE, AND INVESTMENT POTENTIAL -- ALL IN ONE! With its convenient beach access, boating opportunities, spacious accommodations, and turnkey furnishings, this coastal gem is ready for its next owner.
Don't just dream about the beach lifestyle -- make it yours! Schedule your private showing today!
Acreage: 0.14
Design: Florida Cottage
Lot Size (SqFt): 6229
Apx SqFt(Htd/Cooled): 1296
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Accessory Dwelling Unit: No
Lot Dimensions: 125 x 50 125 x 50
New Construction: No
Garage Y/N: No
Covered Spaces: 1
Driveway Spaces: 3
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1983
List Price/SqFt: 412.81
Status: Active
List Date: 2026-03-05
List Price: $535,000
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: Holiday Beach
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge continue straight on Front Beach Rd. for approximately 2 miles. Turn left on Thomas Dr. In approximately 1.8 miles turn left on Utes Dr.
Turn slightly right onto Sunset Ave.
Go for 0.1 mi.
Turn slightly left onto S Lagoon Dr.
Go for 0.2 m
Area: 03 - Bay County - Beach
Street #: 7315
Street Direction: S
Street Name: Lagoon
Street Suffix: Drive
County: Bay
Subdivision: Holiday Beach Unit 15
Parcel ID: 30808-350-000
Legal Description: HOLIDAY BEACH UNIT #15 LOT 10 BLK 14 ORB 4600 P 904
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3845
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Township: Panama City Bea
Remarks: Discover the ultimate coastal getaway where beach living, boating adventures, and investment potential come together! Perfectly situated just three blocks from the beautiful white sandy beaches of Panama City Beach and directly across from the Lagoon, this charming 3-bedroom, 2-bath home offers an incredible opportunity to own your own slice of paradise. Whether you're searching for a primary residence, vacation retreat, or income-producing short-term rental, this property checks all the boxes!
Completely rebuilt from the studs out in 2020, this beautifully maintained home is tastefully decorated, sold FULLY FURNISHED, and ready for you or your rental guests to start enjoying immediately! With accommodations for up to 11 guests, there's plenty of room for family and friends. The spacious primary bedroom features a king-size bed, the second bedroom offers two queen beds, and the third bedroom includes a double-size bunk bed with a twin trundle.
Inside, you'll love the versatility of TWO spacious living areas, providing plenty of room to spread out, relax, and entertain. The thoughtfully designed layout also includes a full laundry room just outside of the kitchen with additional storage for convenience.
Step outside and embrace the Florida lifestyle! The large outdoor deck is perfect for grilling, entertaining, or simply unwinding after a day in the sunshine. A generous storage building provides ample space for beach chairs, bicycles, fishing gear, and all your coastal toys.
BOAT LOVERS, THIS ONE IS FOR YOU! The gated driveway offers room to park your boat, and a nearby boat launch makes it easy to spend your days exploring the Lagoon, enjoying world-class saltwater fishing, or cruising over to the breathtaking beaches of Shell Island. Prefer to stay on land? This golf-cart-friendly location makes it easy to enjoy nearby beaches, restaurants, shopping, and entertainment!
And here's one of the best features: NO HOA FEES OR HOA RESTRICTIONS, AND SHORT-TERM RENTALS ARE PERMITTED! In fact, a winter guest is booked from Dec 13 to March 7th bringing the owner $5900 in rental income!
LOCATION, LIFESTYLE, AND INVESTMENT POTENTIAL -- ALL IN ONE! With its convenient beach access, boating opportunities, spacious accommodations, and turnkey furnishings, this coastal gem is ready for its next owner.
Don't just dream about the beach lifestyle -- make it yours! Schedule your private showing today!
Oven - Electric: 1
Refrigerator: 1
Ceiling - Vaulted: 1
Floor - Vinyl Plank: 1
Window - Treatment All: 1
Deck Open: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Shower: 1
Boat: 1
Carport Attached: 1
Deck/Patio: 1
Family Room: 1
Living Room: 1
Primary Bedroom: 1
Electricity - Connected: 1
Public Water - Available: 1
Appliances: Dishwasher; Dryer; Oven - Electric; Refrigerator; Washer
Heating: Central; Electric
Exterior: Deck Open; Fenced Back Yard; Fenced Privacy; Shower
Financing: Cash; Conventional; FHA; VA
Parking Features: Boat; Carport Attached; Driveway; Oversized
Other Structures: Outbuilding
Rooms: Bedroom; Carport; Deck/Patio; Family Room; Kitchen; Laundry; Living Room; Primary Bedroom
Utilities: Electricity - Connected; Public Water - Available; Septic Tank
| Room Name | Dimensions | Length | Width | Remarks |
| Living Room | 14 x 12 | 14.00 | 12.00 | |
| Family Room | 16 x 12 | 16.00 | 12.00 | |
| Primary Bedroom | 15 x 14 | 15.00 | 14.00 | |
| Bedroom | 13 x 11 | 13.00 | 11.00 | |
| Bedroom | 15 x 13 | 15.00 | 13.00 | |
| Kitchen | 15 x 11 | 15.00 | 11.00 | |
| Laundry | 11 x 10 | 11.00 | 10.00 | Just outside of kitchen |
| Carport | 19 x 12 | 19.00 | 12.00 | |
| Deck/Patio | 15 x 13 | 15.00 | 13.00 | |
Listing Office: Seashore Realty LLC
Last Updated: November - 05 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
850-235-4444