Address
8908 N Lagoon Drive, Panama City, FL
Price
$ 499,900
Property Attributes
  • MLS#794271
  • TypeSingle Family
  • Listing Status Active Under Contract
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • Neighborhood[No Recorded Subdiv]
  • Zip32408
  • Style
  • Year Built1977
  • Taxes$ 3327
  • Price$ 499,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.75 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
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.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Bay High School
Price History
8/18/2026 Listed $499,900

General Features

Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA false
Subdivision Name [No Recorded Subdiv]
Status Active Under Contract
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
High School Bay
City Panama City
Disclosures Accepting Backup Offers
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 32670
Elementary School Patronis
Tax Annual Amount 3327.9
Middle/Junior High School Surfside
MLS Area Minor 0319 - Beach - East
Standard Status Pending
Property Sub Type Additional Single Family Residence
Occupancy Type Occupied
Year Built 1977
Construction Materials Brick
Garage Y/N true
Total Rooms 4
Full Baths 2
Garage Spaces 1
Architectural Style Contemporary
New Construction false
Roof Asphalt

Interior Features

Total Baths 2
Furnished Units None
Total Bedrooms 3
LivingAreaSource Appraiser

Exterior Features

Lot Size Area 0.75
Lot Dimensions 90.0 ft x 200.0 ft plus 100 ft x 149 ft
Lot Size Acres 0.75
Building Area Total 1500
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $930K
$500K
Taxes
AVG $6,496
$3,327
Year Built
AVG 2001
1977

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