Listing provided courtesy of Beachy Beach Real Estate- MLS# 790039MLS Provider

6722 S Lagoon DrivePanama City, FL 32408

Multi-Family · 5 Beds · 4 Full Baths · 1 Half Bath · 2,720 Sq. ft. | 0.25 Acres
$1,185,000 Active

6722 S Lagoon Drive Overview

Time on Site:
42 days
Visits:
1

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, 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.

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6722 S Lagoon Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,720
  • Price/Sq.ft. $436
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Patronis
  • Middle Or Junior School: Surfside
  • High School: Arnold

Building Information

  • New Construction: false
  • Year Built: 1981

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
  • Postal City: Panama City
  • Subdivision Name: Holiday Beach Unit 1

Community/Development

  • Community Features: Short Term Rental Allowed

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: 7993.0
  • Tax Year: 2025

General Information

  • Parcel Number: 30619-000-000
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Special Listing Conditions: Listed As-Is

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 2720.0

General Information

  • Appliances: Electric Range
  • Interior Features: Shower Only,Upper Level Primary,Walk-In Closet(s)
  • Living Area Source: Appraiser
  • Rooms Total: 6
  • Units Furnished: All Units

Exterior

Lot Information

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 40x210x70x191
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road

Waterfront/View

  • Waterfront Features: Lagoon,Boat Dock/Slip,Seawall
  • Waterfront: true

Building Exterior/Construction

  • Construction Materials: HardiPlank Type
  • Patio And Porch Features: Balcony,Deck
  • Roof: Metal

General Information

  • Exterior Features: Boat Lift,Boat Slip,Boat Ramp,Covered Patio
  • Road Frontage Type: City Street
  • Sewer: Public Sewer

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Description: Lagoon Front Unit

Room: Great Room

  • Level: First
  • Dimensions: 17 x 13
  • Length: 17.0
  • Width: 13.0
  • Description: Lagoon Front Unit

Room: Great Room

  • Level: Second
  • Dimensions: 27 x 15
  • Length: 27.0
  • Width: 15.0
  • Description: Main 3bed unit

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 17 x 14
  • Length: 17.0
  • Width: 14.0
  • Description: Main 3bed unit

Room: Bedroom

  • Level: Third
  • Dimensions: 15 x 13
  • Length: 15.0
  • Width: 13.0
  • Description: Main 3bed unit

Room: Bedroom

  • Level: Third
  • Dimensions: 13 x 13
  • Length: 13.0
  • Width: 13.0
  • Description: Main 3bed unit

6722 S Lagoon Drive Neighborhood

Community

32408 (Panama City) Demographics

43
Median Age
751
Population Density (per sq. mile)
48%
College Educated
$57,202
Estimated Median Income
5,833
Estimated Total Home Owners
2,869
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6722 S Lagoon Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6722 S Lagoon Drive Market Data

Based on the last 30 days in this zip code

$616,879
Average List Price
$391
Average Price per Square Foot
97
Properties Sold
89
Average Days on Market
1,054
Properties for Sale
Calculations provided by Reliance Network

6722 S Lagoon Drive History

Date Event Value Agent
5/18/2026Source: Central Panhandle MLS Added to Database
May 18, 2026