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$1,300,000
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Property Description
Currently under contract, seller will consider backup offers. 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
Full Property Details for 5706 S Lagoon Dr
General
- Sold For: $1,300,000
- Taxes: $8,962 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 787784
- Added to Site: 80 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Balcony, Double Vanity, Interior Steps, Main Level Primary, Separate Shower, Walk-In Closet(s)
- 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, Water
- 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 View: 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
Sold by Scenic Sotheby's International Realty
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Schools
Schools serving 5706 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 | 1.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.3 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
Date
Details
Price
Change
Source
6/18/2026
Sold
$1,300,000
-8.77%
MLS
4/02/2026
Listed
$1,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5706 S Lagoon Drive, Panama City, FL 32408 (MLS# 787784) is a Single Family property that was sold at $1,300,000 on June 18, 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.

