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$407,000
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Property Description
UNDER CONTRACT - ACCEPTING BACKUP OFFERS! 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! Although this cozy beach home offers an amazing layout with 2 bedrooms, 2 bathrooms, an open living room and kitchen, a separate dining room, an incredible den, and a unique reading area/office with natural light peacefully flowing throughout - the outside living area is where this bungalow truly shines... From the expansive front porch with water views, to the meticulously manicured backyard, you are guaranteed to have more than enough room for entertaining family and friends. And for those day's when you just want to tune out the outside world and relax, you won't find a more quite and peaceful location so close to the water. No matter if you are an avid boater, an RV'er, or if you enjoy a peaceful day of fishing or kayaking, the amazing workshop and backyard offers more than enough room for you to store every toy your heart could desire! This home exceeds all expectations, and is close to all the best that PCB has to offer (dining, shopping, live music, the Bay, the Gulf, and everything in between), yet it is perfectly situated in one of the most peaceful communities around. Go look at all the other homes available. Don't just look at the pictures, we ask that you actually go out and truly ''feel'' the home, you breathe in the air, and you experience the community. Then... come be our guest and experience a level of perfected living you never knew was possible. Welcome Home!!!
Full Property Details
Full Property Details for 5821 S Lagoon Dr
General
- Sold For: $407,000
- Taxes: $3,322 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 773985
- Added to Site: 236 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Workshop
- Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Boat Ramp
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Biltmore Beach 1st Add
- 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
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
Structural Information
- Architectural Style: Bungalow
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1956
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size: .13
- Lot Dimensions: 50 x 110
- Zoning: Resid Single Family
- Fencing (Description): Full, Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Boat Dock/Slip
- Water Front View: Boat Dock/Slip
Financial Considerations
- Tax Amount: $3,322
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BILTMORE BEACH 1ST ADD LOT 1 BLK E ORB 4541 P 511
- Property ID: 32030-000-000
Listed by Beachy Beach Real Estate
Sold by Robert Slack, LLC
Get Pre-Approved Today
Schools
Schools serving 5821 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 | 1.4 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
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
5/26/2025
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.
5821 S Lagoon Drive, Panama City, FL 32408 (MLS# 773985) is a Single Family property that was sold at $407,000 on September 24, 2025. Want to learn more about 5821 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.

