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Property Description
THE CLOYSTER -- A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites -- 4 waterfront and 4 interior -- creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers. Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless. With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB's most sought-after waterfront corridors. Eight residences, private pools, private boat slips, and Gulf access -- a combination that is increasingly difficult to find.
Full Property Details
Full Property Details for 7801 N Lagoon Dr
General
- Price: $4,000,000
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 796272
- Updated: 10/5/2026
- Added to Site: 4 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From the Hathaway Bridge, head west into Panama City Beach on US-98, then turn left onto Navy Drive. Continue south on Navy Drive and turn right onto North Lagoon Drive. Follow North Lagoon Drive west to 7801 N Lagoon Drive. The development 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: Public Sewer
- Utility Description: Sewer Available
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 2.52
- Lot Size (Sq. Ft.): 109,902
- Lot Size: 2.52
- Lot Dimensions: 55.0 ft x 550.0 ft
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Access, Lagoon
- Water Front View: Gulf Access, Lagoon
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 8 4S 15W -23- 58D2 COMM AT INT OF N LI OF SEC WITH S R/W LI OF ST RD 392-A TH NWLY 329.68' FOR POB TH SW 575' (+/-) TO THE WATERS OF GRAND LAGOON TH NWLY 200'(+/-) NE 496'(+/-) TO S R/W LI OF ST RD 392-A SELY 190'(+/-) TO POB ORB 4584 P 1560
- Property ID: 30578-000-000
Listed by EXP Realty LLC
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Schools
Schools serving 7801 N Lagoon Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 0.7 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 | 4.1 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 7801 N Lagoon Dr
Date
Details
Price
Change
Source
10/05/2026
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7801 N Lagoon Dr
7801 N Lagoon Drive, Panama City, FL 32408 (MLS# 796272) is a Land Residential property with a lot size of 2.52 acres. 7801 N Lagoon Drive is currently listed for $4,000,000 and was received on October 05, 2026. Want to learn more about 7801 N 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.

