5400 South Lagoon Drive

Panama City Beach, FL 32408

$709,900
Price
3
Beds
2
Baths
1,288 Sq. Ft.
$551 / Sq. Ft.
1,288
Sq. Ft.
$551
per Sq. Ft.

Description

Calling all investors! If you're on the lookout for your next project, look no further than this property. Situated in a prime location just a short stroll or a quick golf cart ride away from the sandy beaches and a quick boat ride to shell island, this home is bursting with potential. Imagine a charming house awaiting your creative touch, a blank canvas yearning to be transformed into the ultimate dream home or vacation getaway. And that's not all - adding to its allure is a brand-new dock. Plus,...Calling all investors! If you're on the lookout for your next project, look no further than this property. Situated in a prime location just a short stroll or a quick golf cart ride away from the sandy beaches and a quick boat ride to shell island, this home is bursting with potential. Imagine a charming house awaiting your creative touch, a blank canvas yearning to be transformed into the ultimate dream home or vacation getaway. And that's not all - adding to its allure is a brand-new dock. Plus, with deep-water lagoon frontage, this property is a paradise for boating enthusiasts, offering easy access to explore the waters at your leisure. Whether you're craving serene sunsets on the water or thrilling maritime escapades, this location has it all. Don't let this golden opportunity slip away.

Property Details for 5400 South Lagoon Drive

Architectural Style
Traditional
Waterfront
Yes
Waterfront Features
Gulf Access, Lagoon
Parking Features
Attached Carport
Subdivision Name
Biltmore Beach
View
Lagoon
Zoning Description
Resid Single Family
View
Yes

Location

Listing Courtesy of EXP Realty LLC
Add your commute
LISTING UPDATED: 05/06/2024 11:12 AM

Property Details for 5400 South Lagoon Drive

StatusActive
MLS #756388
Days on Market30
Taxes$3,098 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built1954
Lot Size0.15 AC / 6,534 SF
CountyBay County

Location

Listing Courtesy of EXP Realty LLC
Add your commute

Building Information for 5400 South Lagoon Drive

Stories-Year Built1954Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,132 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,874

Property Taxes

$258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5400 South Lagoon Drive

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From Thomas Drive take a right onto Dolphin Drive, go all the way down to S Lagoon Drive and take another right. Continue for about 1/2 a mile and the destination will be on your left.
  • Postal Code: 32408
  • Latitude: 30.148316
  • Longitude: -85.753078
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 32097-000-000
  • Association: No
  • Tax Annual Amount: $3,098.00
  • Tax Legal Description: BILTMORE BEACH 1ST ADD LOT 23 BLK I ORB 4735 P 1597
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Carport: Yes
  • Garage: No
Property
Lot Information
  • Lot Features: Dead End
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 50 X 145
  • Lot Size Square Feet: 6360.0
  • Living Area: 1288.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1954
  • Property Attached: No
  • Human Modified: No
Utilities
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Boat Lift
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Electric
  • Furnished: Unfurnished
Room Information
Room 1
  • Room Area: 90.0
  • Room Dimensions: 9 x 10
  • Room Length: 9.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 2
  • Room Area: 120.0
  • Room Dimensions: 10 x 12
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 12.0
Room 3
  • Room Area: 72.0
  • Room Dimensions: 8 x 9
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 9.0
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 5400 South Lagoon Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5400 South Lagoon Drive

Taxable ValueLand$220,800Additions$54,217Total$275,017
Tax Record2023$3,098 ($258 / month)
Home Facts
Beds3Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtStories1Lot Size6,360 SqFtStyleSingle Family ResidenceYear Built1954CountyBAYAPN32097-000-000Fireplace TypeHas Fireplace

Schools near 5400 South Lagoon Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5400 South Lagoon Drive is a single family home for sale in Panama City Beach, FL 32408. This property was listed for sale on April 30, 2024 by EXP Realty LLC, it's currently listed at $709,900. It has been on the market for a total of 30 days and was last sold on September 27, 2023. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 5400 South Lagoon Drive is a 3-bed, 2-bath, 1,288 sqft single family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.