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$699,000
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Property Description
Waterfront!! Build your dream home on this exceptional 60-foot waterfront lot located directly on Grand Lagoon in Panama City Beach. With direct access to the Gulf and breathtaking lagoon views, this is an ideal spot to launch your boat, unwind by the water, and live the coastal lifestyle. Opportunities like this are rare-vacant waterfront lots in this area are nearly gone. Whether you're looking for a primary residence or a relaxing second home, this property offers the perfect blend of tranquility and convenience. Enjoy being just minutes from the beach, St. Andrews State Park, marinas, shopping, dining, and more.
Full Property Details
Full Property Details for 7204 S Lagoon Dr
General
- Price: $699,000
- Taxes: $3,214 (2024)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 776371
- Updated: 2/17/2026
- Added to Site: 260 day(s) ago
Location
- County: Bay
- Subdivision: Holiday Beach Unit 11
- Driving Directions: From 98 turn left onto Thomas Drive, Watercrest will be on your left.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Septic Needed
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,797
- Lot Size: .18
- Lot Dimensions: 60 x 130
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Access, Lagoon, Seawall
- Water Front View: Gulf Access, Lagoon, Seawall
Financial Considerations
- Tax Amount: $3,214
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: HOLIDAY BEACH UNIT #11 LOT 87 BLK A ORB 2882 P 1203
- Property ID: 30800-000-000
Listed by Beachy Beach Real Estate
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Schools
Schools serving 7204 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 | 5.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.1 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 7204 S Lagoon Dr
Date
Details
Price
Change
Source
7/07/2025
Listed
$699,000
—
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 7204 S Lagoon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,475
39%
$519,151
66%
2024
$3,214
12%
$312,482
18%
2023
$2,878
17%
$265,711
13%
2021
$2,451
-3%
$234,139
-8%
2022
$2,519
3%
$254,939
44%
2021
$2,451
28%
$176,539
21%
2019
$1,913
9%
$145,539
10%
2018
$1,750
15%
$132,308
10%
2017
$1,516
—
$120,280
2%
2016
$1,513
1%
$117,896
4%
2015
$1,498
—
$113,538
—
2014
$1,504
12%
$114,071
-1%
2013
$1,344
—
$115,099
—
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 7204 S Lagoon Dr
7204 S Lagoon Drive, Panama City, FL 32408 (MLS# 776371) is a Land Residential property with a lot size of 0.18 acres. 7204 S Lagoon Drive is currently listed for $699,000 and was received on July 17, 2025. Want to learn more about 7204 S Lagoon Drive? Do you have questions about finding other Land Residential 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.

