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$499,900
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Property Description
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Check out this oversized 3/4+ acre lot in the highly desirable upper North lagoon area. Located directly across from the Grand Lagoon with Gulf access the property offers a rare opportunity with the south frontage on North Lagoon Drive and the North lot line on Polly Avenue. The lot can be divided and rezoned (per Bay Co. Planning and Zoning) to allow R-3 on Polly avenue and will accommodate a triplex or quadplex. The property is Just a few blocks from the Worlds Most Beautiful Beaches and close to shopping, restaurants, and entertainment. The entire property is fully fenced and divided with a fence installed in May of 2026. Each area has its own power water and septic system. The garage is also separately powered and includes both 110 and 220 volt service. The home is three bedroom 2 bath and is in need of some TLC, however it has good bones and a lot of potential. The lot features a Pergola and outdoor shower that creates additional space for relaxing and entertainment. With two separate areas,, generous outdoor space, and a prime location this unique property offers exceptional flexibility and potential. All facts listed must be confirmed by Buyer and all offers must be contingent upon a court order for sale of property.
Full Property Details
Full Property Details for 8908 N Lagoon Dr
General
- Price: $499,900
- Taxes: $3,327 (2025)
- Status: Under Contract
- Type: Single Family
- Source: Bay_County
- MLS ID: 794271
- Updated: 9/9/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Head west from Hathaway bridge to front beach road. Turn left on Joan Ave. Left on North lagoon Drive property will be on the left
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Bay
Community
- Community Name: 03 - Bay County - Beach
Structural Information
- Architectural Style: Contemporary
- Construction: Brick
- Roof: Asphalt
- Sq. Ft. Source: Appraiser
- Year Built: 1977
Lot Features
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Lot Size: .75
- Lot Dimensions: 90.0 ft x 200.0 ft plus 100 ft x 149 ft
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,327.9
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 6 4S 15W -11.68A- 58B2 BEG 2031.60' S & 30' W & NWLY 295.20' OF NE COR OF NE1/4 OF NW1/4 TH NW 90' SW 200' SE ON SR 392A 90' NE 200' TO POB L-3 & PT L-4 B-8 LAG HTS UNR OR L-3 & PT L-4 B-8 LAG HTS UNR AND COM NE COR OF NE1/4 OF NW1/4 TH S 1680' W 260' FOR POB TH S 185.5' NWLY 122.67' N 113.5' E 100' TO POB AKA LOT 13 BLK 8 UNR LAG HTS ORB 4107 P 605
- Disclosures/Rstr.: Accepting Backup Offers
- Property ID: 30235-072-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 8908 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 | 2.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.9 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 8908 N Lagoon Dr
Date
Details
Price
Change
Source
8/18/2026
Listed
$499,900
92.27%
MLS
4/01/2019
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 8908 N Lagoon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,063
—
$297,918
1%
2024
$3,063
6%
$293,618
6%
2023
$2,902
22%
$276,846
19%
2021
$2,378
-2%
$232,778
-5%
2022
$2,429
2%
$244,619
10%
2021
$2,378
2%
$221,379
-1%
2019
$2,327
294%
$223,567
174%
2018
$590
2%
$81,676
2%
2017
$577
5%
$79,996
4%
2016
$551
-2%
$77,222
1%
2015
$565
2%
$76,685
1%
2014
$556
11%
$76,076
1%
2013
$501
—
$74,952
—
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 8908 N Lagoon Dr
8908 N Lagoon Drive, Panama City, FL 32408 (MLS# 794271) is a Single Family property with 3 bedrooms and 2 full bathrooms. 8908 N Lagoon Drive is currently listed for $499,900 and was received on August 18, 2026. Want to learn more about 8908 N 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.

