5821 S Lagoon Drive S, Panama City Beach, FL 32408 - Photo 1

1/1

$407,000

Sold
Closed
Single Family
2 Beds
2 Full Baths
1,292 Sq. Ft.

1/1

Property Description

There simply isn't a better home in PCB... Less than 100 feet to the bay, less than 4 blocks to the Gulf, over $60k in updates, one of the most desirable locations on the East end of the beach, and one of the absolute lowest priced homes available. Blink and you'll miss this once in a lifetime steal!!! This incredible Beach Bungalow is located directly across from the Dolphin Boat Ramp on Grand Lagoon, and it offers incredible water views! This unbelievably well maintained block home has received countless updates (impact resistant windows in 2019, trusses and roof in 2022, all new master bathroom in 2022, HVAC in 2023, new septic in 2019, and the list goes on!

Full Property Details

Full Property Details for 5821 S Lagoon Dr S

General

Sold For: $407,000
Taxes: $3,322 (2024)
Status: Closed
Type: Single Family
Source: Emerald_Coast
MLS ID: 978305
Added to Site: 223 day(s) ago

Interior

Rooms/Areas: Bedroom, Covered Porch, Den, Dining Area, Kitchen, Living Room, Master Bedroom, Sitting Room, Workshop
Interior Features: Breakfast Bar, Floor Laminate, Floor Tile, Renovated, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Dryer, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Other Rooms

Living Room: Living Room
Sitting Room: Sitting Room
Kitchen: Kitchen
Den: Yes
Work Shop: Workshop
Porch: Covered Porch

Exterior

Exterior Features: BBQ Pit/Grill, Fenced Lot-All, Patio Covered, Porch, Shower, Workshop, Yard Building

Location

Area: 27 - Bay County
County: Bay
Subdivision: Biltmore Beach 1St Addn
Driving Directions: Traveling East on Thomas Drive, turn left on Dolphin. In about 3 blocks, the house will be on the right - on the corner of S. Lagoon and Dolphin. Across from the boat ramp.

School Information

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

Heating & Cooling

Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

Utility Description: Electric, Public Water, Septic Tank, TV Cable

Structural Information

Architectural Style: Beach House
Construction: Block, Roof Metal, Slab
Stories/Levels: 1
Square Feet: 1,292
Sq. Ft. Source: County PA Records
Year Built: 1956

Lot Features

Property View: Lagoon
Lot Size (Acres): 0.13
Lot Dimensions: 50 x 110
Street/Road Desc.: City Road, Paved Road
Lot Features: Corner, Survey Available, Within 1/2 Mile to Water
Zoning: Resid Single Family

Financial Considerations

Tax Amount: $3,322
Tax Year: 2024
Terms: Conventional, FHA, VA

Disclosures and Reports

Legal Description: BILTMORE BEACH 1ST ADD LOT 1 BLK E ORB 4541 P 511
APN: 32030-000-000

Listed by Beachy Beach Real Estate
Sold by ECN - Unknown Office

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Schools

Schools serving 5821 S Lagoon Dr S

School District:Bay County School District

Name	Grades	Distance
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408	K-5	1.4 mi
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413	6-8	6.9 mi
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407	9-12	5.2 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 5821 S Lagoon Dr S

Date

Details

Price

Change

Source

9/24/2025

Sold

$407,000

-1.69%

MLS

8/01/2025

Price Reduced

$414,000

-2.95%

MLS

7/18/2025

Price Reduced

$426,600

-0.02%

MLS

7/11/2025

Price Reduced

$426,700

-0.02%

MLS

7/04/2025

Price Reduced

$426,800

-0.02%

MLS

6/27/2025

Price Reduced

$426,900

-0.02%

MLS

6/09/2025

Listed

$427,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Baths
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3
Beds
2
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5821 S Lagoon Drive S, Panama City Beach, FL 32408 (MLS# 978305) is a Single Family property that was sold at $407,000 on September 24, 2025. Want to learn more about 5821 S Lagoon Drive S? 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.

5821 S Lagoon Dr S Panama City Beach, FL 32408