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$900,000
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Property Description
Welcome to a home that feels like a breath of fresh air. This beautifully cared-for 3-bedroom, 2-bathroom property sits on a spacious double lot that gives you room to live, relax, and create memories. There's a charming detached cottage with its own full bathroom, perfect for guests, extended family, or a little extra rental income. Inside the main home, you'll find modern updates throughout the kitchen and bathrooms that make daily living feel easy and comfortable. The two-car garage offers plenty of storage and includes a laundry area, plus there's a convenient laundry closet inside the home too. Step outside and you'll see why this home stands out. The large yard, swim spa, boat barn, and shed give you space to unwind, work on projects, or just enjoy time outdoors. There's even a well for irrigation to keep the landscaping looking lush all year long. Located just over half a mile from the public boat launch, this home is ideal for anyone who loves the water. It has been enjoyed as both a second home and a vacation rental, giving you flexibility as a full-time residence, getaway, or income-producing property. Rental history is available upon request. With its updated interior, unique outdoor features, and location close to everything Panama City Beach has to offer, this home is truly a rare find.
Full Property Details
Full Property Details for 7425 S Lagoon Dr
General
- Price: $900,000
- Taxes: $5,750 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 778203
- Updated: 1/8/2026
- Added to Site: 143 day(s) ago
Interior
- Number of Rooms: 3
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Private
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Driving Directions: Thomas Dr. to North on Utes Street (almost across from En Soleil Condo) Veer Right on sunset. Veer left on S. Lagoon Dr. House on Right.
School Information
- Elementary School: Patronis
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Structural Information
- Architectural Style: Coastal
- Sq. Ft. Source: Appraiser
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,333
- Lot Size: .35
- Lot Dimensions: 115 x 75 x 90 x 75
Financial Considerations
- Tax Amount: $5,750
- Tax Year: 2024
Disclosures and Reports
- Legal Description: HOLIDAY BEACH UNIT #16 LOTS 1 & 16 BLK 15 ORB 3224 P 873
- Property ID: 30808-394-000
Listed by Beachy Beach Real Estate
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Schools
Schools serving 7425 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 | 0.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.9 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 7425 S Lagoon Dr
Date
Details
Price
Change
Source
9/29/2025
Price Reduced
$900,000
-4.26%
MLS
7/16/2025
Listed
$940,000
596.3%
MLS
3/03/2010
Sold
$135,000
—
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 7425 S Lagoon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,750
4%
$584,612
4%
2023
$5,513
44%
$563,609
60%
2021
$3,824
-4%
$352,379
-7%
2022
$3,987
4%
$377,244
19%
2021
$3,824
21%
$315,880
36%
2019
$3,163
10%
$231,817
10%
2018
$2,877
20%
$210,743
12%
2017
$2,406
-1%
$187,715
1%
2016
$2,430
-2%
$186,210
1%
2015
$2,482
—
$185,032
—
2014
$2,487
48%
$185,658
32%
2013
$1,678
—
$140,238
—
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 7425 S Lagoon Dr
7425 S Lagoon Drive, Panama City, FL 32408 (MLS# 778203) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7425 S Lagoon Drive is currently listed for $900,000 and was received on August 27, 2025. Want to learn more about 7425 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.

