Ad #7863906
MLS #791135
INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned
7931 S Lagoon Dr A & B, Panama City, FL 32408
$315,000
4Beds
3Baths
1,860Sqft
0.11Acres
About this property
INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned between the Gulf of Mexico and Grand Lagoon, this duplex offers an exceptional opportunity to renovate, reposition, and maximize income potential in one of Panama City Beach's most sought-after areas. Featuring two units with a combined 4 bedrooms, 3 bathrooms, (2/2 & 2/1) and approximately 1,868 square feet, this property is ideally located near beaches, marinas, Rick Selzer Park, boat ramp, restaurants, entertainment venues, and all that the South Lagoon area has to offer. Whether your vision is long-term rentals, seasonal occupancy, or a personal beach retreat with income-producing potential, the possibilities are abundant. The roof was replaced approximately five years ago, providing a valuable head start for future improvements. The property is being offered at appraised value that was determined by an appraiser in May 2026. The appraisal considered both the property's current condition and contractor estimate for needed repairs. For investors, builders, and buyers seeking a project in a prime location, opportunities like this are becoming increasingly difficult to find. Bring your vision and unlock the potential of this well-located duplex just minutes from the beach, boating, dining, and entertainment. Appraisal and repair-related information available upon request.
Property Features
4 Beds
3 Baths
1,860 Sqft
Built in 1975
0.11 Acres
1 Story
Paved or Surfaced, Parking Lot
Siding: Block
Electric (Heating)
$2,670 / yr property tax
Bay County
Silver Sands Beach Community
Additional Photos
Contact Information
Barbara A Wade
Beachy Beach Real Estate
505-903-9061
Location
Listing Agent: Barbara A Wade (License #: BK3425752) 505-903-9061
Broker: Beachy Beach Real Estate 850-527-5651 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Beachy Beach Real Estate 850-527-5651 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$315,000
4
Beds
3
Baths
1,860
Sqft
7931 S Lagoon Dr A & B, Panama City, FL 32408
By contacting this agent you agree to these Terms and Conditions.
MLS# 791135
INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned
$315,000
7931 S Lagoon Dr A & B, Panama City, FL 32408
4
Beds
3
Baths
1,860
Sqft
0.11
Acres
$315,000
7931 S Lagoon Dr A & B, Panama City, FL 32408
4 Beds
3 Baths
1,860 Sqft
0.11 Acres
INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned between the Gulf of Mexico and Grand Lagoon, this duplex offers an exceptional opportunity to renovate, reposition, and maximize income potential in one of Panama City Beach's most sought-after areas. Featuring two units with a combined 4 bedrooms, 3 bathrooms, (2/2 & 2/1) and approximately 1,868 square feet, this property is ideally located near beaches, marinas, Rick Selzer Park, boat ramp, restaurants, entertainment venues, and all that the South Lagoon area has to offer. Whether your vision is long-term rentals, seasonal occupancy, or a personal beach retreat with income-producing potential, the possibilities are abundant. The roof was replaced approximately five years ago, providing a valuable head start for future improvements. The property is being offered at appraised value that was determined by an appraiser in May 2026. The appraisal considered both the property's current condition and contractor estimate for needed repairs. For investors, builders, and buyers seeking a project in a prime location, opportunities like this are becoming increasingly difficult to find. Bring your vision and unlock the potential of this well-located duplex just minutes from the beach, boating, dining, and entertainment. Appraisal and repair-related information available upon request.
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Property Details
HOME DETAILS
4 Beds
3 Baths
1,860 Sqft
Built in 1975
0.11 Acres
1 Story
EXTERIOR
Paved or Surfaced, Parking Lot
Siding: Block
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$2,670 / yr property tax
Bay County
Silver Sands Beach Community
See More Details
Location
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Ad Statistics
Ad Number
7863906
Viewed
42 times
Listing Status
Active
Added
Jun 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
791135
Listing Agent: Barbara A Wade (License #: BK3425752) 505-903-9061
Broker: Beachy Beach Real Estate 850-527-5651 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Beachy Beach Real Estate 850-527-5651 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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