5400 S Lagoon Dr, Panama City Beach, FL, 32408

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5400 S Lagoon Dr, Panama City$709,900

Buyer Closing Credits

$8,430^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached Carport

Year Built1954

HeatingElectric

CoolingCentral Air, Ceiling Fan(s), Electric

WaterfrontLagoon

ViewLagoon

MLS #756388

Lot Size0.15 Acres

StatusActive

About 5400 S Lagoon Dr

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.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1954
• Living Area: 1,288 SqFt

Listing Office:

• Office Name: EXP Realty LLC

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Lagoon
• View: Lagoon
• Exterior: Boat Lift

Parking Information:

• Parking: Attached Carport

Lot Features

Lot Information:

• Lot: Dead End Street
• Lot Size: 0.15 Acres

Utilities

Utilities Information:

• Heating: Electric
• Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

• J.R. Arnold High School, Public District Grades 9-12
• Surfside Middle School, Public District Grades 6-8
• Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

• 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.

Price Information

Listing Price Info

Price Summary:

• List Price: $709,900
• Price Per SqFt: $551/SqFt

Tax Information:

• Annual Amount: $2,099
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Panama City, FL

City

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5400 S Lagoon Dr vs Panama City

14 DAYS ON ROCKET

-47 Days

$709,900

+$362.2K More

$551/SqFt

+$346 More

KEY TAKEAWAY

This property is $362.2K more than the Median Sold Price and $346/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: BCAR
• MLS Number: #756388

Listing Office:

• Office Name: EXP Realty LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 2:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 10, 2005	Nov 10, 2005Home Sold	$525,000
May 27, 2005	May 27, 2005Home Sold	$750,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,099	$171,834
2018	$1,864	$145,763
2017	$1,184	$128,160

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5400 S Lagoon Dr

This home is located at 5400 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,288 square foot home, which was built in 1954, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $709,900.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.