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$1,675,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
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The Nicest Home in Bay County! This completely remodeled, fully furnished, move-in ready Grand Lagoon home offers the ultimate waterfront lifestyle. It features all-new flooring, paint, and a new beamed ceiling on the main level. All new fixtures throughout. New kitchen counters, and backsplash. For enhanced durability and energy efficiency, the home boasts all new hurricane windows and glass sliders, and spray foam insulation under the structure, complementing the 3-year-old metal roof. All bathrooms have been completely remodeled and feature high end fixtures, vanities, and tiled showers/baths. The exterior living is upgraded with a brand-new deck. The property is a boater's dream, featuring a refreshed seawall and a fantastic boathouse that includes a new jet ski lift and two boat lifts, one of which is brand new. All measurements are approx. and should be verified by buyer.

Full Property Details for 5620 S Lagoon Dr

General

  • Price: $1,675,000
  • Taxes: $9,951 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 782317
  • Updated: 12/3/2025
  • Added to Site: 45 day(s) ago

Interior

  • Number of Rooms: 4
  • Appliances: Convection Oven, Electric Cooktop, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Boat Lift, Boat Slip, Deck, Dock
  • Porch/Patio/Deck: Balcony, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Bay
  • Subdivision: [No Recorded Subdiv]
  • Driving Directions: West on the Hathaway Bridge and turn left onto Thomas Dr. Follow it around the curve and turn right on Dolphin, which is across from Regency Towers. Follow Dolphin to S. Lagoon Dr. and turn right. Home will be on your left.

School Information

  • Elementary School: Patronis
  • Middle School: Breakfast Point
  • 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: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected

Structural Information

  • Architectural Style: Coastal
  • Construction: Brick
  • Windows: Storm Window(s)
  • Doors: Storm Door(s)
  • Sq. Ft. Source: Appraiser
  • Year Built: 1993

Additional Structures

  • Other Structures: Boat House

Lot Features

  • Property View: Bay, Lagoon
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,750
  • Lot Size: .2
  • Lot Dimensions: 50*175
  • Lot Features: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lagoon, Shoreline - Natural, Seawall
  • Water Front View: Lagoon, Shoreline - Natural, Seawall

Financial Considerations

  • Tax Amount: $9,951
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: BILTMORE BEACH 1ST ADD LOT 10 BLK I ORB 4519 P 1832
  • Property ID: 32086-000-000

Listed by Coastal Heritage Real Estate LLC

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Listing agent

— 5620 S Lagoon Dr —

  • Coastal Heritage Real Estate LLC

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 5620 S Lagoon Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.6 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.1 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.4 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 5620 S Lagoon Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Listed
$1,675,000
86.11%
MLS
1/20/2022
Sold
$900,000
—
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 5620 S Lagoon Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,951
3%
$806,498
5%
2023
$9,623
24%
$766,468
15%
2022
$7,781
—
$669,303
116%
2022
$7,781
100%
$310,338
1%
2020
-100%
$306,053
-9%
2018
$3,371
-25%
$335,352
-5%
2017
$4,471
-3%
$351,590
-1%
2016
$4,592
-5%
$354,600
-2%
2015
$4,820
-1%
$362,162
-1%
2014
$4,882
12%
$367,310
-1%
2013
$4,369
—
$370,659
—
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 Coastal Heritage Real Estate LLC

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5620 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 782317) is a Single Family property with 4 bedrooms and 4 full bathrooms. 5620 S Lagoon Drive is currently listed for $1,675,000 and was received on December 04, 2025. Want to learn more about 5620 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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