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Property Description
Enjoy waterfront living in the desirable Lower Grand Lagoon area of Panama City Beach with this 3-bedroom, 2-bath home offering 50 feet of frontage on the lagoon and direct access to the Gulf. The property features a boathouse with a 10,000-lb boat lift, making it easy to enjoy boating, fishing, and days on the water right from your backyard. Inside, the home offers an open floor plan with a wood-burning fireplace, granite countertops in the kitchen and bathrooms, and an enclosed porch providing additional space for relaxing, entertaining, or creating a home office or game room. Recent improvements include new flooring and interior paint throughout, exterior paint completed in 2025, and roofs on both the home and boathouse replaced in 2022. The HVAC was serviced and the septic tank pumped in 2026. A detached one-car garage provides additional storage for beach and boating gear. For buyers needing even more space, a separate lot located approximately one block away is also available for purchase separately (MLS #796638 )and features a three-car garage--perfect for storing boats, vehicles, golf carts, and other toys or creating additional workspace. Conveniently situated near the beautiful beaches of the Gulf, local dining, shopping, and entertainment, this property offers easy access to everything Panama City Beach has to offer. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers plenty of possibilities to make it your own.
Full Property Details
Full Property Details for 7012 S Lagoon Dr
General
- Price: $815,000
- Taxes: $3,244 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 796639
- Updated: 10/16/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Main Level Primary, Shower Only
- Appliances: Electric Range
- Flooring: Plank, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Boat Lift, Boat Slip, Covered Patio, Deck, Dock
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Holiday Beach Unit 11
- Driving Directions: From the Hathaway bridge, take Front Beach Road then turn left on Joan Ave. At the light at Thomas drive, turn left. About 1.2 miles, turn left onto Venus street, then right on South Lagoon Dr. House will be on the left.
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, Electric, Fireplace(s)
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Coastal
- Roof: Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 1979
Additional Structures
- Other Structures: Boat House
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size: .16
- Lot Dimensions: 50.0 ft x 142.0 ft
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Lagoon
- Water Front View: Lagoon
Financial Considerations
- Tax Amount: $3,244.48
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: HOLIDAY BEACH UNIT #11 LOT 72 BLK A ORB 4458 P 2012
- Property ID: 30795-000-000
Listed by Salty Marlin Realty LLC
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Schools
Schools serving 7012 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 | 5.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.2 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 7012 S Lagoon Dr
Date
Details
Price
Change
Source
10/16/2026
Listed
$815,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7012 S Lagoon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,237
3%
$331,186
3%
2024
$3,133
2%
$321,852
3%
2023
$3,078
16%
$312,478
12%
2021
$2,655
-4%
$280,103
-8%
2022
$2,777
5%
$303,377
84%
2021
$2,655
50%
$164,660
-8%
2019
$1,769
1%
$178,292
2%
2018
$1,757
2%
$174,968
2%
2017
$1,728
1%
$171,369
2%
2016
$1,715
-2%
$167,844
1%
2015
$1,753
1%
$166,677
1%
2014
$1,733
13%
$165,354
2%
2013
$1,528
—
$162,910
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7012 S Lagoon Dr
7012 S Lagoon Drive, Panama City, FL 32408 (MLS# 796639) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7012 S Lagoon Drive is currently listed for $815,000 and was received on October 16, 2026. Want to learn more about 7012 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.

