Details

← Back to search results
Listing #791342 located in Panama City Beach, FL, 32408Active
Photo 2 for this listing
Photo 3 for this listing
Photo 4 for this listing
Photo 5 for this listing

$1,200,000

↻ Share

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

0.32 Acres100.0 ft x 140.0 ft Lot Size

About This Property

Active | MLS #791342 | Listed Jun 15, 2026

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.

Property Features

  • Elementaryschool: Patronis
  • Highschool: Arnold
  • Lot Features: Paved
  • Middleorjuniorschool: Surfside
  • MLS Area: 03 – Bay County – Beach
  • MLS Sub Area: 0323 – Beach – South of Grand Lagoon
  • Property Sub Type: Residential
  • Subdivision Name: Holiday Beach Unit 1
  • View: Lagoon
  • Waterfront Features: Gulf Access,Lagoon
  • Waterfront: Yes

Location

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

Mortgage Calculator

Estimate monthly payments.

$
20%
%
$

Monthly payment*$0

Total payments0 monthly payments

Down payment$0 (0%)

Principal$0

Total HOA (over term)$0

Total interest paid$0

Total mortgage cost*$0

  • Down payment$0
  • Principal$0
  • Interest$0
  • Total HOA$0

*Estimated, not including taxes and insurance.

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#: 791342

Not what you’re looking for?

Take a look at these similar properties.

JSON Data

{
    "propertyId": 2403258,
    "listingId": "791342",
    "feedId": 2,
    "propertyType": "Lots and Land",
    "subTypeName": "Residential",
    "typeId": 11,
    "areaId": 2,
    "subArea": "0323 - Beach - South Of Grand Lagoon",
    "bedrooms": 0,
    "bathsFull": 0,
    "bathsHalf": 0,
    "areaName": "Panama City Beach",
    "state": "FL",
    "price": 1200000,
    "streetAddress": "7122 S Lagoon Drive",
    "zipCode": "32408",
    "subDivision": "Holiday Beach Unit 1",
    "lotDimensions": "100.0 ft x 140.0 ft",
    "acres": "0.32",
    "yearBuilt": "",
    "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.\r\n\r\nThe 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.\r\n\r\nEnjoy 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.\r\n\r\nBring 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.",
    "officeName": "Beach House Sales and Development",
    "officePhone": "256-566-5482",
    "firmId": "BHSAD",
    "agentId": "B5482",
    "agentName": "Beth Mulvey",
    "agentEmail": "beth@beachhousesalesfl.com",
    "agentPhone": "",
    "mlsName": "Central Panhandle Association of REALTORS®, Inc.",
    "buildingSqFt": "",
    "county": "Bay",
    "virtualTourUrl": "",
    "lastUpdated": "2026-06-15T04:58:00",
    "ownership": "",
    "lat": 30.1604430000000007794369594193994998931884765625,
    "lng": -85.7723270000000042045940062962472438812255859375,
    "extraData": [
        {
            "displayName": "Elementaryschool",
            "values": "Patronis"
        },
        {
            "displayName": "Highschool",
            "values": "Arnold"
        },
        {
            "displayName": "Lotfeatures",
            "values": "Paved"
        },
        {
            "displayName": "Middleorjuniorschool",
            "values": "Surfside"
        },
        {
            "displayName": "Mlsareamajor",
            "values": "03 - Bay County - Beach"
        },
        {
            "displayName": "Mlsareaminor",
            "values": "0323 - Beach - South of Grand Lagoon"
        },
        {
            "displayName": "Propertysubtype",
            "values": "Residential"
        },
        {
            "displayName": "Subdivisionname",
            "values": "Holiday Beach Unit 1"
        },
        {
            "displayName": "View",
            "values": "Lagoon"
        },
        {
            "displayName": "Waterfrontfeatures",
            "values": "Gulf Access,Lagoon"
        },
        {
            "displayName": "Waterfrontyn",
            "values": "True"
        }
    ],
    "addedDate": "2026-06-15T03:20:00",
    "listingDate": "2026-06-15T00:00:00",
    "lastPriceChange": "0001-01-01T00:00:00",
    "soldDate": "0001-01-01T00:00:00",
    "soldPrice": 0,
    "priceChanges": [
        {
            "ChangeId": 3105220,
            "Price": 1200000,
            "ChangeDate": "2026-06-15T03:20:00",
            "IsInitial": true
        }
    ],
    "status": "Active",
    "compensation_SingleTransactionBroker": null,
    "compensation_NoBrokerageRelationship": null,
    "compensation_IncentiveBonus": null,
    "openHouses": null
}