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224 E Lakeshore Drive, Panama City Beach, FL 32413

Panama City Beach
Local realty services provided by:CENTURY 21 Beggins Enterprises
224 E Lakeshore Drive,Panama City Beach, FL 32413
$1,200,000
  • 3 Beds
  • 3 Baths
  • 2,344 sq. ft.
  • Single family
  • Active
Listed by: the sanchez group
Office: think real estate
MLS#:783112
Source:FL_BCMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$511.95

About this home

Prime development opportunity in the heart of Laguna Beach! Located just ~390 yards from the Gulf and near the area's highly sought-after ''Reserved Beach'', 224 E Lakeshore Drive offers exceptional upside for builders, developers, and long-term investors. This .407-acre parcel is zoned Bay County R-2 (Urban), allowing for duplexes, townhomes, and multiple dwelling units, making it ideal for redevelopment. The true value lies in the development flexibility—the property may be subdivided into multiple lots (up to approximately 4, subject to county approval) or developed as a multi-unit project, including duplexes or townhomes. The R-2 zoning supports a variety of configurations, including: Duplex or townhome development Potential lot splits for multiple single-family or attached residences Higher-density residential build-out consistent with surrounding newer construction City utilities are available, and the site is surrounded by newer homes and townhome projects,

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Home facts

  • Year built:1990
  • Listing ID #:783112
  • Added:59 day(s) ago
  • Updated:March 02, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:6
  • Kitchen Description:Electric Range
  • Living area:2,344 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Electric

Structure and exterior

  • Year built:1990
  • Building area:2,344 sq. ft.
  • Lot area:0.41 Acres
  • Architectural Style:Coastal
  • Construction Materials:Brick
  • Exterior Features:Patio, Porch
  • Foundation Description:Slab

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:West Bay

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$511.95
  • Tax amount:$1,729 (2024)

Features and amenities

  • Amenities:ElectricRange
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 Beggins Enterprises is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Beggins Enterprises, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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