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Listing #791341 located in Panama City Beach, FL, 32408Active
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$1,200,000

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7122 S Lagoon Drive, Panama City Beach, FL, 32408

3 Beds3/0 Baths1977 Year Built0.32 Acres100.0 ft x 140.0 ft Lot Size

About This Property

Active | MLS #791341 | Listed Jun 15, 2026

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 12×28 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!

Property Features

  • Appliances: Electric Range,Electric Water Heater
  • Architectural Style: Ranch
  • Construction Materials: Brick
  • Cooling: Central Air,Ceiling Fan(s)
  • Elementaryschool: Patronis
  • Exterior Features: Boat Lift,Deck,Dock,Patio
  • Heating: Electric,Fireplace(s)
  • Highschool: Arnold
  • Lot Features: Paved
  • Middleorjuniorschool: Surfside
  • MLS Area: 03 – Bay County – Beach
  • MLS Sub Area: 0323 – Beach – South of Grand Lagoon
  • Parking Features: Additional Parking,Paved,RV Access/Parking
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Holiday Beach Unit 1
  • Utilities: Electricity Available
  • View: Lagoon,Water
  • Waterfront Features: Lagoon,Seawall
  • Waterfront: Yes

Location

7122 S Lagoon Drive, Panama City Beach, FL, 32408

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Price History

DateEventPrice
Jun 15, 2026Listed for sale$1,200,000

Listing updated: Jun 15, 2026

Listed by: Beach House Sales and Development

Source: Central Panhandle Association of REALTORS®, Inc., MLS#: 791341

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JSON Data

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