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5403 S Lagoon Drive, Panama City, FL 32408

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For Sale

$434,900

3 beds • 2 baths • 1,648 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 1978
    Year built

  • $263.90
    Price per square foot

  • Electric
    Fireplace Description

Explore this Property

MOTIVATED SELLER! Short term rentals allowed! Welcome to your dream home nestled in the heart of Panama City Beach with views of grand lagoon. This fully furnished 3-bedroom, 2-bathroom residence boasts an inviting open-concept living space, perfect for entertaining friends and family, or enjoying serene beachside living. A bonus room adds versatility, making it an ideal home office, game room or guest space. Situated on a spacious lot tucked away on peaceful cul-de-sac on South Lagoon Drive, this property offers the perfect blend of tranquility and convenience. Just minutes from public boat ramps, beach accesses, and marinas, you'll have endless opportunities for water sports, fishing, and beach days at your fingertips. The large backyard is a canvas for your outdoor dreams--imagine adding a sparkling pool to create your personal oasis, perfect for cooling off on hot summer days or hosting barbecues with loved ones. A 16'x12' shed with power provides ample storage for all your beach gear and outdoor equipment. With a carport and additional driveway parking, you'll have plenty of space for vehicles, and a golf cart is available for purchase, making it easy to explore the local area. The lot backs up to Biltmore Drive allowing access with a double gate from the backyard to store a boat/boat trailer. Biltmore Drive leads directly to beach access #9. Don't miss your chance to own this charming, coastal retreat in a prime location! Whether you're looking for a family home, vacation getaway, or investment property, this gem has it all. Schedule your private tour today and start living the beach life you've always dreamt of! *All measurements and information are approximate, please verify if important.
MLS# 765944

Listed By CENTURY 21 Ryan Realty

Property Features

  • Appliances
    Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
  • Cooling
    Central A/C
  • Exterior Description
    Brick
  • Exterior Living Space
    Patio
  • Fireplace Description
    Electric
  • Garage Description
    Carport
  • General
    Ceiling Fan(s)
  • Heating - Fuel Type
    Other
  • Heating Type
    Other
  • Lot Size
    0.14 Acres
  • Roof
    Composition Shingle
  • Style
    Other Style

Map and Directions

Directions to 5403 S Lagoon Drive, Panama City, FL 32408

Home seller Meet the Agent,
Natalie Ryan

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Natalie Ryan

of CENTURY 21 Ryan Realty

(850) 960-1731
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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