7122 S Lagoon Drive, Panama City Beach, FL 32408 - Photo 1

1/1

$950,000

Sold
Closed
Single Family
3 Beds
3 Full Baths

1/1

Property Description

Don't miss this spacious waterfront brick home on two lots with 100 feet of waterfront on South Lagoon--a rare find with deep water and Gulf access. This property offers the ultimate waterfront lifestyle with a boat dock, boathouse with electric lift, hurricane shutters, a 12x28 waterfront deck, and an enclosed Florida room overlooking the water. Inside, the home features generously sized rooms, including an office, eat-in kitchen, dining room, formal living room, family room with fireplace, and 3 full baths. The primary bedroom overlooks the lagoon and includes 3 closets, while the additional bedrooms offer 2 large closets each. There is also an oversized garage with workshop space, tons of storage, a sink in the enclosed sunroom, separate RV or boat parking with its own drive, and a separate outbuilding. Located on a double lot, the property also offers future potential--the residence may be torn down and the lots split per the county. Please bring all offers!

Full Property Details

Full Property Details for 7122 S Lagoon Dr

General

Sold For: $950,000
Taxes: $13,141 (2025)
Status: Closed
Type: Single Family
Source: Bay_County
MLS ID: 791341
Added to Site: 71 day(s) ago

Interior

Number of Rooms: 13
Interior Features: Main Level Primary, Shower Only, Utility Room
Fireplace: Yes
Appliances: Electric Range, Electric Water Heater

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 3

Exterior

Exterior Features: Boat Lift, Deck, Dock, Patio
Porch/Patio/Deck: Deck, Enclosed, Patio, Covered, Porch

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Additional Parking, Paved, RV Access/Parking

Location

County: Bay
Subdivision: Holiday Beach Unit 1
Driving Directions: Thomas Drive to North on Holiday Dr. Follow to South Lagoon Drive, left on South Lagoon Drive, property is on the right. See sign.

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: Electric, Fireplace(s)

Utilities

Utility Description: Electricity Available

Structural Information

Architectural Style: Ranch
Construction: Brick
Roof: Composition, Shingle
Stories/Levels: 1
Sq. Ft. Source: Appraiser
Year Built: 1977

Additional Structures

Other Structures: Boat House, Outbuilding

Lot Features

Property View: Lagoon, Water
Lot Size (Acres): 0.32
Lot Size (Sq. Ft.): 13,939
Lot Size: .32
Lot Dimensions: 100.0 ft x 140.0 ft
Lot Features: Paved
Zoning: Resid Single Family
Fencing (Description): Partial

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Lagoon, Seawall
Water Front View: Lagoon, Seawall

Financial Considerations

Tax Amount: $13,141.7
Tax Year: 2025

Disclosures and Reports

Legal Description: HOLIDAY BEACH UNIT #11 LOTS 83 & 84 BLK A ORB 1991 P 317
Property ID: 30799-010-000

Listed by Beach House Sales and Development
Sold by PCB Life Real Estate Services

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Schools

Schools serving 7122 S Lagoon Dr

School District:Bay County School District

Name	Grades	Distance
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408	K-5	0.8 mi
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413	6-8	5.8 mi
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407	9-12	4.1 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 7122 S Lagoon Dr

Date

Details

Price

Change

Source

7/27/2026

Sold

$950,000

-20.83%

MLS

6/15/2026

Listed

$1,200,000

—

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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7122 S Lagoon Dr, Panama City Beach, FL 32408 - Photo 1

Sold

$950,000