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$320,000
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Property Description
Prime commercial opportunity in the highly desirable Laguna Beach area of Panama City Beach, positioned along one of the busiest travel corridors on the west end with strong daily traffic counts and exceptional visibility. This property offers outstanding exposure for a variety of potential commercial uses including retail, restaurant, office, or service-based businesses seeking a high-visibility location in a rapidly growing area of Panama City Beach. Properties with this level of frontage and traffic exposure are increasingly limited on the west end, making this an attractive opportunity for investors, developers, or owner-users. The location benefits from both year-round local traffic and significant tourist traffic, with convenient access to nearby residential communities, the Gulf beaches, Highway 79, and Pier Park shopping, dining, and entertainment. Situated in the popular Laguna Beach corridor, the property is surrounded by established neighborhoods, vacation rentals, and ongoing development throughout the west end of Panama City Beach. This combination of location, visibility, and traffic exposure makes the site well suited for a wide range of commercial ventures. With continued growth throughout the Laguna Beach and west Panama City Beach area, opportunities for commercial sites with this level of exposure are becoming increasingly rare.
Full Property Details
Full Property Details for 351 Twin Lakes Dr
General
- Sold For: $320,000
- Status: Closed
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 784845
- Added to Site: 68 day(s) ago
Location
- County: Bay
- Subdivision: Crestview Heights
- Driving Directions: From FL Hwy 79 Turn right onto US-98 W/Back Beach Rd/Panama City Beach Pkwy Pass by Burger King (on the right) 3.4 mi Turn left onto Twin Lakes Dr/Twin Lakes Cir Destination will be on the right
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 11,979
- Lot Size: .28
- Frontage: Highway, Paved
- Zoning: Office/Prof, General Commercial
Disclosures and Reports
- Legal Description: CRESTVIEW HEIGHTS LOTS 14, 15 & 16 BLK 3 ORB 3949 P 2383
- Property ID: 35328-000-000
Listed and Sold by Beach House Sales and Development
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Schools
Schools serving 351 Twin Lakes Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.4 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.1 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 351 Twin Lakes Dr
Date
Details
Price
Change
Source
7/27/2026
Sold
$320,000
-2.74%
MLS
2/06/2026
Listed
$329,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
351 Twin Lakes Drive, Panama City Beach, FL 32413 (MLS# 784845) is a Commercial Land property that was sold at $320,000 on July 27, 2026. Want to learn more about 351 Twin Lakes Drive? Do you have questions about finding other Commercial 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.

