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7005 S Lagoon Drive, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 3 Beds
  • 2 Baths
  • 1,156 Sq Ft
  • 1978 Built
  • MLS 791330

About this home

OPΕN ΗΟUЅE ΤHΙS SUNDAY 1-4PM! Welcome tο The Fliр Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionHoliday Beach Unit 13
CityPanama City Beach
CountyBay
Zip32408
StyleCoastal
Tax year2025

Interior

Total rooms5
Full baths2
AppliancesElectricRange,ElectricWaterHeater
CoolingCentralAir
HeatingCentral,Electric
Interior featuresMainLevelPrimary,ShowerOnly

Exterior & lot

Lot size0.14 acres
Lot dimensions55.0 ft x 117.0 ft
RoofMetal
Exterior featuresPatio

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsFrom Thomas Drive go North on Venus St to the end, right on South Lagoon.

Data source: Central Panhandle Association of REALTORS®

Location

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