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$255,000
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Property Description
Short-Term Rentals Allowed! Ideally located in the heart of Panama City Beach, this property presents a strong opportunity for investors or buyers looking to add value--with no HOA fees and sold furnished for convenience. The layout offers 2 bedrooms plus a flex room currently utilized as a 3rd bedroom, maximizing rental potential. Both the primary bedroom and living area provide direct access to a private, fenced backyard, featuring an expansive deck ideal for entertaining or accommodating guests. Durable LVP flooring throughout offers a low-maintenance option--perfect for beach living and rental turnover. Located approximately 1 mile from public beach access, this property is perfectly positioned for enjoying the Gulf while remaining close to shopping, dining, and popular local attractions. Parking includes two spaces directly in front of the unit, with additional parking available along the common drive off N. Lagoon. Buyer to verify all measurements if important.
Full Property Details
Full Property Details for 8504 N Lagoon Dr
General
- Price: $255,000
- Taxes: $2,922 (2025)
- Status: Active
- Type: Condo /Townhouse
- Source: Bay_County
- MLS ID: 788771
- Updated: 4/23/2026
- Added to Site: 26 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Covered, Patio
Location
- County: Bay
- Subdivision: Grand Lagoon Shores 7
- Driving Directions: Hwy 98, South on Joan Ave, left on N Lagoon.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Patio Home
- Sq. Ft. Source: Appraiser
- Year Built: 1984
Lot Features
- Lot Dimensions: 0 x 0
Financial Considerations
- Tax Amount: $2,922
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GRAND LAGOON SHORES UNIT 7 W 30' LOT 5 BLK F (5.01) ORB 4578 P 1188
- Property ID: 30188-263-001
Listed by Think Real Estate
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Schools
Schools serving 8504 N Lagoon Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.4 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 8504 N Lagoon Dr
Date
Details
Price
Change
Source
4/23/2026
Listed
$255,000
-1.92%
MLS
6/13/2022
Sold
$260,000
—
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 8504 N Lagoon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,759
—
$234,454
6%
2024
$2,759
-1%
$221,268
1%
2023
$2,791
62%
$220,038
57%
2021
$1,719
-7%
$140,015
-11%
2022
$1,841
7%
$157,635
72%
2021
$1,719
154%
$91,572
2%
2019
$676
1%
$89,513
2%
2018
$668
-2%
$87,944
—
2017
$681
-3%
$88,256
-1%
2016
$700
-4%
$88,803
-1%
2015
$732
-2%
$89,351
-1%
2014
$749
-44%
$90,710
-19%
2013
$1,348
—
$111,965
—
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 8504 N Lagoon Dr
8504 N Lagoon Drive, Panama City, FL 32408 (MLS# 788771) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 8504 N Lagoon Drive is currently listed for $255,000 and was received on April 23, 2026. Want to learn more about 8504 N Lagoon Drive? Do you have questions about finding other Condo / Townhouse 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.

