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$207,000
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Property Description
Buildable lot opportunity in the highly sought-after Laguna Beach community on the desirable west end of Panama City Beach! Zoned R-2 with short-term rentals allowed, this is the perfect opportunity to build a vacation home, investment property, or income-producing short-term rental. This golf-cart-friendly beach community is known for its laid-back coastal vibe and local favorites like The Carousel grocery store and Thomas Donut & Snack Shop. Ideally located just minutes from Pier Park, shopping, dining, entertainment, Carillon Beach, and the scenic 30A corridor. Whether you're looking to create your dream beach getaway or a strong investment property, this lot offers incredible potential. Build plans for the lot are also available.
Full Property Details
Full Property Details for 11902 W Governor Dr
General
- Sold For: $207,000
- Taxes: $1,778 (2025)
- Status: Closed
- Type: Residential Lots
- Source: Emerald_Coast
- MLS ID: 1003659
- Added to Site: 59 day(s) ago
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: LAGUNA BEACH 8TH ADDN
- Driving Directions: From Destin take HWY 98W towards Panama City Beach, Turn right on 13th St, Turn left on W Governor Dr
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049.2
- Lot Dimensions: 50 x 65
- Frontage: City Road
- Street/Road Desc.: Paved Road
- Lot Features: Cleared
- Zoning: Resid Single Family
Financial Considerations
- Price Per Acre: $3,214,285.71
- Tax Amount: $1,778.91
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LAGUNA BEACH 8TH ADD LOT 5 BLK Q ORB 4805 P 404
- APN: 38185-050-000
- Property ID: 38185-050-000
Listed by Legacy Premier Agency LLC
Sold by Sanders & Sons Florida LLC
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Schools
Schools serving 11902 W Governor Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11902 W Governor Dr
Date
Details
Price
Change
Source
7/17/2026
Sold
$207,000
-8%
MLS
5/21/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11902 W Governor Drive, Panama City Beach, FL 32413 (MLS# 1003659) is a Residential Lots property that was sold at $207,000 on July 17, 2026. Want to learn more about 11902 W Governor Drive? Do you have questions about finding other Residential Lots 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.

