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$1,425,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • Updated 1 day ago
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The deal of a lifetime. Welcome to 5706 South Lagoon, where elevated comfort and coastal charm come together to create the beach retreat you've been waiting for. Ideally positioned on the desirable east end of South Lagoon, and situated along the quieter side of the channel, this waterfront property offers a rare blend of privacy, accessibility, and effortless coastal living. A true boater's paradise, this home is fully equipped for life on the water. The private dock features a 16,000 lb boat lift housed beneath a covered boathouse with a touchless cover system, accommodating vessels up to around 30 feet. Additionally, there's 2 ski lifts to fully pull your skis from the water, and a 2 ski platform for when you're ready to go. From your backyard, enjoy quick and convenient access to Grand Lagoon. Make it to the Gulf in right around 10 minutes, Shell Island in 10-20, Downtown St. Andrew's in 20, and Downtown Panama City in 25. This is the kind of setup that transforms weekends into experiences and vacations into traditions. Inside, the home offers a warm and inviting coastal atmosphere designed for both relaxation and entertaining, while the outdoor living space takes center stage. Perfect for unwinding after a day on the water or hosting friends and family in a setting that feels like a permanent getaway. Whether you're searching for a second home or a private coastal escape, 5706 South Lagoon delivers a turnkey waterfront lifestyle that's ready to be enjoyed from day one.

Full Property Details for 5706 S Lagoon Dr

General

  • Price: $1,425,000
  • Taxes: $8,962 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 787784
  • Updated: 4/2/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Interior Steps
  • Appliances: Gas Oven, Gas Range, Warming Drawer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Salt Water, Private
  • Security/Safety: Security System

Exterior

  • Exterior Features: Boat Lift, Boat Slip, Deck, Dock, Fire Pit, Outdoor Shower
  • Porch/Patio/Deck: Balcony, Deck, Covered, Porch

Parking

  • Garage: Yes

Location

  • County: Bay
  • Subdivision: Biltmore Beach 1st Add
  • Driving Directions: Headed West from Hathaway Bridge, turn left onto Navy Blvd. Turn right onto Dolphin Dr. Turn right onto S Lagoon. Home will be on your left just past Mystic.

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: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Coastal
  • Construction: Vinyl Siding
  • Roof: Metal
  • Stories/Levels: 2
  • Sq. Ft. Source: Appraiser
  • Year Built: 1991

Lot Features

  • Property View: Lagoon
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,062
  • Lot Size: .23
  • Lot Dimensions: 50 x 205 x 50 x 216
  • Lot Features: Sprinkler System, Paved

Water Features

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

Financial Considerations

  • Tax Amount: $8,962
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: Lot 3, Block 1, First Addition to Biltmore Beach, according to the map or plat thereof, as recorded in Plat Book 8, Page 39, of the Public Records of Bay County, Florida.
  • Property ID: 32081-000-000

Listed by Counts Real Estate Group Inc

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Listing agent

— 5706 S Lagoon Dr —

  • Counts 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 5706 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 5706 S Lagoon Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$1,425,000
124.06%
MLS
8/13/2015
Sold
$636,000
—
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 5706 S Lagoon Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,922
8%
$725,755
9%
2024
$8,256
5%
$668,567
6%
2023
$7,898
19%
$628,484
11%
2021
$6,621
-4%
$567,045
-6%
2022
$6,887
4%
$600,205
24%
2021
$6,621
12%
$483,044
1%
2019
$5,920
-4%
$477,261
-3%
2018
$6,191
-1%
$491,373
-1%
2017
$6,264
-2%
$493,908
—
2016
$6,395
84%
$495,069
90%
2015
$3,483
-1%
$260,896
-2%
2014
$3,536
12%
$265,230
-1%
2013
$3,164
—
$267,530
—
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Counts Real Estate Group Inc

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5706 S Lagoon Drive, Panama City, FL 32408 (MLS# 787784) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 5706 S Lagoon Drive is currently listed for $1,425,000 and was received on April 02, 2026. Want to learn more about 5706 S Lagoon Drive? Do you have questions about finding other Single 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.

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