7122 S Lagoon Drive Panama City Beach, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Listed By: Beach House Sales And Development

  7122 S Lagoon Drive Panama City Beach, FL 32408

Active (4 Days)
$1,200,000 (USD)

Description

Rare opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Opportunities like this are becoming increasingly difficult to find, especially with the flexibility and potential this property offers.

The true value is in the land. Situated on two lots, this property offers the potential to renovate, rebuild, or redevelop. Per the county, the existing residence may be removed and the lots split, creating a unique opportunity for investors, builders, or those looking to create a custom waterfront estate.

Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. With its prime South Lagoon location, expansive waterfront frontage, and development potential.

Bring all offers. Opportunities to acquire a double waterfront lot with Gulf access in this location are rare. There is a home currently on the property. Home demolition to be performed by buyer.

MLS #:
791342
Taxes
$13,142(2025)
Lot Size
0.32 acres
Type
Land
Views
Lagoon
County
Bay County
Community
Holiday Beach Unit 1

Listed By

Beth Mulvey, Beach House Sales And Development
Source
CENTRAL PANHANDLE
Last checked Jun 19 2026 at 6:41 AM GMT+0000
Bathroom Details
Subdivision
  • Holiday Beach Unit 1
Lot Information
  • Paved
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Location
   
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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 6/18/26 23:41