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6722 S Lagoon Drive, Panama City, FL 32408 Active 1 / 100
$1,100,000

6722 S Lagoon Drive, Panama City, FL 32408

Panama City, FL 32408
  • 5 Beds
  • 5 Baths
  • 2,720 Sq Ft
  • 1981 Built
  • MLS 790039

About this home

Welcοme tο Ѕ Ꮮagοon wаterfront living, where investment potеntial, lifеstyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

Property details

Property typeMultiFamily
StatusActive
Area03 - Bay County - Beach
SubdivisionHoliday Beach Unit 1
CityPanama City
CountyBay
Zip32408
Taxes$7,993
Tax year2025
WaterfrontYes
ViewLagoon

Interior

Total rooms6
Full baths4
Half baths1
AppliancesElectricRange
CoolingCentralAir,Ductless
HeatingCentral,Ductless
Interior featuresShowerOnly,UpperLevelPrimary,WalkInClosets

Exterior & lot

Lot size0.25 acres
Lot dimensions40x210x70x191
RoofMetal
Road frontageCity Street
Other structuresBoat House
Exterior featuresBoat Lift, Boat Slip, Boat Ramp, Covered Patio, Dock

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsThomas Drive turn North on Sabine St. Turn left on S Lagoon. West side of boat launch.

Data source: Central Panhandle Association of REALTORS®

Location

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