8520 N Lagoon Dr Panama City, FL 32408

No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach-less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: "¢ No HOA: Flexibility, freedom, and lower overhead. "¢ Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. "¢ 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. "¢ 2 Full Baths: Convenience for guests and personal use. "¢ Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. "¢ Perfect for a Second Home: Use it when you want-earn income when you're away. A rare, no-HOA opportunity this close to the beach doesn't come around often. Your coastal investment-and personal retreat-awaits.