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$430,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • Updated 8 days ago
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Private coastal retreat in East Panama City Beach with short-term rentals allowed - ideal for a full-time residence, second home, or vacation rental investment! This 3 BR/2BA home offers 1,648 sq ft in a golf cart-friendly community just 0.5 mile to nearby beach access. Roof is approximately 5 years old. Furnishings and golf cart are negotiable. Designed in a relaxed coastal boho style, the home features a spacious open living area perfect for entertaining or unwinding after a day at the beach. The kitchen is equipped with stainless steel appliances and flows seamlessly into the main living space, while durable vinyl plank and ceramic tile flooring throughout provide both style and easy maintenance. The primary suite includes an en-suite bath with walk-in shower, and two additional bedrooms share a bath with a tub/shower combination-comfortable for guests, family, or rental flexibility. Outside, enjoy the low-maintenance landscaping and a generous backyard with room to add an in-ground pool. A covered carport and hardwired workshop shed-complete with its own panel and ready for a split HVAC system-offers excellent potential for a home office, studio, or additional living space. Double-gate rear access from Biltmore Drive adds convenience for boat storage and accessibility. Launch your boat just 2 minutes away at the Dolphin Boat Ramp! Coastal lifestyle, income potential, and everyday comfort all come together in this versatile beach property tucked in a private cul-de-sac in the South Lagoon area. *All measurements and information are approximate, please verify if important.

Full Property Details for 5403 S Lagoon Dr

General

  • Price: $430,000
  • Taxes: $4,298 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 785138
  • Updated: 2/13/2026
  • Added to Site: 9 day(s) ago

Interior

  • Number of Rooms: 7
  • Appliances: ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Patio
  • Porch/Patio/Deck: Patio, Covered, Porch

Parking

  • Covered Spaces: 1
  • Parking Features: RV Access/Parking

Location

  • County: Bay
  • Subdivision: Biltmore Beach
  • Driving Directions: From Thomas Dr. Take Dolphin Dr. towards the Lagoon and turn right onto S. Lagoon Dr. Lagoon to the dead end second to last house on the right.

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Available, High Speed Internet Available

Structural Information

  • Architectural Style: Coastal
  • Construction: Brick
  • Roof: Shingle
  • Sq. Ft. Source: Appraiser
  • Year Built: 1978

Additional Structures

  • Other Structures: Shed(s), Workshop

Lot Features

  • Property View: Lagoon
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 5,968
  • Lot Size: .14
  • Lot Dimensions: 50 x 125
  • Lot Features: Cul-De-Sac
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $4,298
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: BILTMORE BEACH LOT 16 BLK R ORB 4611 P 1528
  • Property ID: 31961-000-000

Listed by CENTURY 21 Ryan Realty Inc

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Listing agents

— 5403 S Lagoon Dr —

  • CENTURY 21 Ryan Realty Inc

  • CENTURY 21 Ryan Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5403 S Lagoon Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.7 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.2 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5403 S Lagoon Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2026
Listed
$430,000
11.69%
MLS
6/17/2022
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
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 for 5403 S Lagoon Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,258
7%
$346,369
8%
2024
$3,970
—
$319,803
1%
2023
$3,981
396%
$315,251
144%
2021
$803
—
$129,001
-3%
2022
$805
—
$132,871
4%
2021
$803
4%
$127,220
2%
2019
$772
1%
$124,176
2%
2018
$762
-3%
$121,861
2%
2017
$782
-50%
$119,355
—
2016
$1,571
-3%
$119,231
—
2015
$1,617
—
$119,512
—
2014
$1,610
131%
$119,139
30%
2013
$698
—
$91,860
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by CENTURY 21 Ryan Realty Inc

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5403 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 785138) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5403 S Lagoon Drive is currently listed for $430,000 and was received on February 12, 2026. Want to learn more about 5403 S Lagoon Drive? Do you have questions about finding other Single Family 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.

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