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$299,000

  • For Sale
  • Active
  • Land Residential
  • 0.13 Acres
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Welcome to the rare opportunity to own a premier building lot in Panama City Beach's sought-after South Lagoon neighborhood! Perfect for developers, builders, or anyone dreaming of a custom water view home. This lot is walking distance to two public lagoon access points. One access is 'Dolphin Drive' boat ramp which features a dock (for fishing) and public parking. This area is ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm. Jump in your golf cart and only a couple of blocks to Gulf Beach Access, top restaurants, lively bars, and PCB attractions. South Lagoon area is a short drive to St. Andrews State Park (fishing pier, nature trails, snorkeling) and Navy Support Center. This unbeatable location offers relaxed coastal living with easy access to everything that makes Panama City Beach special--don't miss your chance to build in one of Florida's most desirable communities!

Full Property Details for 5733 S Lagoon Dr

General

  • Price: $299,000
  • Taxes: $1,196 (2025)
  • Status: Active
  • Type: Land Residential
  • Source: Bay_County
  • MLS ID: 786500
  • Updated: 9/3/2026
  • Added to Site: 91 day(s) ago

Location

  • County: Bay
  • Township: 4S
  • Subdivision: Biltmore Beach 1st Add
  • Driving Directions: West on Thomas Drive, Right on Dolphin Drive, Right on South Lagoon, Property on the right. Property is Fenced with a shed.

School Information

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

Community

  • Community Name: 03 - Bay County - Beach

Utilities

  • Sewer: Septic Needed

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Lagoon
  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,500
  • Lot Size: .13
  • Lot Dimensions: 50 x 110
  • Lot Features: Paved
  • Zoning: County, Resid Single Family

Financial Considerations

  • Tax Amount: $1,196
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: BILTMORE BEACH 1ST ADD LOT 8 BLK E ORB 3315 P 1544
  • Property ID: 32036-010-000

Listed by Coastal Real Estate Group, Inc

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Listing agent

— 5733 S Lagoon Dr —

  • Coastal Real Estate Group, 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 5733 S Lagoon Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.5 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.3 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 5733 S Lagoon Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Price Increased
$299,000
1.36%
MLS
6/24/2026
Price Reduced
$295,000
-1.34%
MLS
6/22/2026
Price Reduced
$299,000
-8%
MLS
3/08/2026
Listed
$325,000
828.57%
MLS
4/08/2011
Sold
$35,000
—
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 5733 S Lagoon Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,196
12%
$151,082
12%
2024
$1,068
4%
$134,314
5%
2023
$1,026
34%
$127,996
38%
2022
$764
12%
$92,514
20%
2021
$682
—
$77,410
19%
2021
$682
37%
$65,308
112%
2019
$497
16%
$30,811
10%
2018
$428
33%
$28,010
10%
2017
$321
1%
$25,464
3%
2016
$318
1%
$24,751
4%
2015
$315
1%
$23,845
—
2014
$313
13%
$23,750
—
2013
$277
—
$23,750
—
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 Real Estate Group, Inc

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5733 S Lagoon Drive, Panama City Beach, FL 32408 (MLS# 786500) is a Land Residential property with a lot size of 0.13 acres. 5733 S Lagoon Drive is currently listed for $299,000 and was received on June 22, 2026. Want to learn more about 5733 S Lagoon Drive? Do you have questions about finding other Land Residential 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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