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$1,497,868
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS WOW - 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach Location Capitalize on a premier investment opportunity with this newly constructed four-unit property, ideally situated in the high-growth North Lagoon area of Panama City Beach. As the only new quadplex currently available, this property offers a significant competitive advantage in the local rental market. Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage. Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent. Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA. Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand. Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy. This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida's most robust markets.
Full Property Details
Full Property Details for 102 Grand Lagoon Shores Dr #1-4
General
- Sold For: $1,497,868
- Taxes: $905 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Bay_County
- MLS ID: 774971
- Added to Site: 216 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Interior Steps
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 8
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Exterior
- Porch/Patio/Deck: Covered, Open, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Grand Lagoon Shores 7
- Driving Directions: Take North Lagoon Dr E, Left on Grand Lagoon Shores Dr and then the property will be located on the right.
School Information
- Elementary School: Breakfast Point
- 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
Utilities
- Utility Description: Sewer Available
Structural Information
- Construction: HardiPlank Type, Wood Frame
- Stories/Levels: 2
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size: .28
- Lot Dimensions: Irregular
- Lot Features: Paved
- Zoning: County, Resid Multi-Family
- Fencing (Description): Fenced, Privacy
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $905
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: GRAND LAGOON SHORES UNIT 7 LOT 9 BLK F ORB 1634 P 1189 ORB 2207 P 1404 ORB 2512 P 2279 ORB 2596 P 422
- Property ID: 30188-271-000
Listed by Top Producers Real Estate Ctr
Sold by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 102 Grand Lagoon Shores Dr #1-4
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.4 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 102 Grand Lagoon Shores Dr #1-4
Date
Details
Price
Change
Source
12/22/2025
Sold
$1,497,868
-3.92%
MLS
11/16/2025
Price Reduced
$1,559,000
-6.03%
MLS
6/16/2025
Listed
$1,659,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
102 Grand Lagoon Shores Drive #1-4, Panama City, FL 32408 (MLS# 774971) is a Multi-Family property that was sold at $1,497,868 on December 22, 2025. Want to learn more about 102 Grand Lagoon Shores Drive #1-4? Do you have questions about finding other Multi-Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

