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$534,900 Just Listed
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Property Description
Boater's Paradise on Deer Point Lake! Welcome to 7248 W. Lakeland Drive, a rare waterfront gem offering approximately 250 feet of water frontage along the side and rear of the property. Ideally situated on a canal, this home captures stunning views of the expansive, deep waters of Deer Point Lake and delivers the ultimate Florida waterfront lifestyle. With direct water access, this property is perfect for boating, fishing, kayaking, and lakefront living right from your backyard. While canal water levels are lower during the winter drawdown, the spring, summer, and fall seasons provide ample depth for boating, allowing easy access to the deep waters of Deer Point Lake...an ideal setup for avid boaters and water enthusiasts. Nestled in a quiet, established neighborhood, the home offers a peaceful setting while remaining conveniently close to shopping, dining, schools, and Tyndall Air Force Base. Inside, the functional, light-filled floor plan features Brazilian cherry hardwood flooring, a cozy fireplace, and an oversized screened-in porch overlooking the water...perfect for relaxing and entertaining. Outdoors, the expansive waterfront yard presents endless possibilities, whether you envision adding a dock, creating an outdoor entertaining space, constructing additional outbuildings, or simply enjoying the breathtaking lake views and unforgettable sunsets. Whether you're searching for a full-time residence, a weekend retreat, or a long-term investment, this exceptional Deer Point Lake property offers location, lifestyle, and remarkable water frontage...an excellent opportunity in Bay County, FL. Schedule your private showing today and experience waterfront living at its finest.
Full Property Details
Full Property Details for 7248 W Lakeland Dr
General
- Price: $534,900
- Taxes: $3,620 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 783946
- Updated: 1/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 13
- Appliances: Down Draft, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Water Heater, Water Purifier Owned, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Deck, Dock, Porch
- Porch/Patio/Deck: Deck, Covered, Open, Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Gravel, Paved
Location
- County: Bay
- Subdivision: Deerpoint Estates
- Driving Directions: From Panama City go east/north on Hwy 231 to left on Co Rd 2321/Deer Point Dam Rd. Go 1.7 miles to right on Co Rd 2311/High Point Rd. Go 1.7 miles to left on W Lakeland Dr. Drive .3 miles to last house on right, 7248 W Lakeland Dr.
School Information
- Elementary School: Deer Point
- Middle School: Merritt Brown
- High School: Mosley
Community
- Community Name: 04 - Bay County - North
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s)
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1986
Lot Features
- Property View: Canal, Lake
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,958
- Lot Size: .55
- Lot Dimensions: 140' x 170'
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced, Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Access, Lake, Lake Front, Shoreline - Natural
- Water Front View: Canal Access, Lake, Lake Front, Shoreline - Natural
- Lake Front: Yes
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Tax Amount: $3,620
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DEERPOINT ESTATES LOT 10 BLK 7 ORB 1228 P 257 ORB 2047 P 351 ORB 2266 P 987
- Property ID: 05487-691-000
Listed by Corcoran Reverie
Get Pre-Approved Today
Schools
Schools serving 7248 W Lakeland Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deer Point Elementary School 4800 Highway 2321, Panama City, FL 32404 | K-5 | 1.7 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 3.2 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 5.9 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 7248 W Lakeland Dr
Date
Details
Price
Change
Source
1/20/2026
Listed
$534,900
51.96%
MLS
5/12/2005
Sold
$352,000
—
Public Record
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 7248 W Lakeland Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,476
29%
$278,220
11%
2023
$2,690
12%
$250,636
6%
2021
$2,401
—
$236,249
-3%
2022
$2,410
—
$243,336
4%
2021
$2,401
54%
$232,987
42%
2019
$1,558
-36%
$164,159
-30%
2018
$2,425
-3%
$233,343
-1%
2017
$2,493
-3%
$235,121
-1%
2016
$2,583
-3%
$236,899
—
2015
$2,675
-1%
$236,930
-1%
2014
$2,695
11%
$238,708
-1%
2013
$2,419
—
$240,486
—
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 7248 W Lakeland Dr
7248 W Lakeland Drive, Panama City, FL 32404 (MLS# 783946) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7248 W Lakeland Drive is currently listed for $534,900 and was received on January 20, 2026. Want to learn more about 7248 W Lakeland 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.

