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$175,000
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Property Description
Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements). All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties. Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike. Property Highlights: *Part of a 4-parcel assemblage being sold together *Total combined acreage approx. 1.79 acres *Located in a short-term rental friendly area (buyer to verify local regulations) *Potential for up to 16 single-family homes across all parcels *250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage) *Utilities available *close to beach access, dining, attractions, and shopping *Ideal for developers, builders and short-term rental investors A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets. (Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)
Full Property Details
Full Property Details for 0 Lagoon Knoll
General
- Price: $175,000
- Taxes: $1,210 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 785135
- Updated: 2/11/2026
- Added to Site: 51 day(s) ago
Location
- County: Bay
- Township: 4S
- Subdivision: Lagoon Heights
- Driving Directions: Drive south on Joan Avenue to Houston Street. Make a left onto Houston Street and then a right onto Lagoon Knoll. Drive south on Lagoon Knoll for about 1/3 miles and property will be on the right.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,038
- Lot Size: .46
- Lot Dimensions: 100 x 200
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $1,210
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is, Other
- Legal Description: 6 4S 15W -11.4-58B2 BEG 572' E OF & 860' S OF NW COR OF NE1/4 OF NW1/4 OF SEC TH E 200' S 100' W 200' N 100' TO POB AKA LOT 22 BLK 4 LAGOON HTS UNREC ORB 4525 P 714
- Property ID: 30201-010-000
Listed by Bluewater Realty of Bay County Inc
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Price & Sales History for 0 Lagoon Knoll
Date
Details
Price
Change
Source
2/11/2026
Listed
$175,000
-61.54%
MLS
2/16/2022
Sold
$455,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Lagoon Knoll
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,210
—
$98,400
—
2024
$1,209
-2%
$98,400
—
2023
$1,230
81%
$98,400
73%
2021
$681
-26%
$56,800
-42%
2022
$920
35%
$98,400
101%
2021
$681
168%
$48,924
165%
2019
$254
17%
$18,491
10%
2018
$217
12%
$16,810
10%
2017
$193
-7%
$15,282
-5%
2016
$207
-3%
$16,092
-1%
2015
$214
-4%
$16,200
-4%
2014
$222
4%
$16,848
-7%
2013
$213
—
$18,198
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Lagoon Knoll
0 Lagoon Knoll, Panama City Beach, FL 32408 (MLS# 785135) is a Vacant Land property with a lot size of 0.46 acres. 0 Lagoon Knoll is currently listed for $175,000 and was received on February 12, 2026. Want to learn more about 0 Lagoon Knoll? Do you have questions about finding other Vacant Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

