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6722 S Lagoon Drive
Panama City, FL 32408

$1,185,000 - Status: Active
Bed Icon Beds: 5
Bath Icon Baths: 4 full 1 partial
Sq Feet Icon SQFT (H&C): 2,720
MLS Icon MLS# 790039

Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2. 5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.

Property Features

MLS#: 790039
Zip: 32408
Subdivision: Holiday Beach Unit 1
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless
Heating: Central, Ductless
Lot Size: 0.25 acres
Roof Type: Metal
Taxes: $7,993
Year Built: 1981
SQFT (H&C): 2,720

Feature Descriptions

Appliances: Electric Range
Community Features: Short Term Rental Allowed
Exterior: HardiPlank Type
Exterior Features: Boat Lift, Boat Slip, Boat Ramp, Covered Patio
Lot Dimensions: 40x210x70x191
Parcel#: 30619-000-000
Patio/Porch: Balcony, Deck
Sewer: Public Sewer
Special View Info: Lagoon
Waterfront: Lagoon, Boat Dock/Slip, Seawall

Room Sizes

Great Room: 17 X 13 Level - First
Great Room: 27 X 15 Level - Second
Bedroom: 13 X 13 Level - Third
Bedroom: 15 X 13 Level - Third
Bedroom: 12 X 12 Level - First
Primary Bedroom: 17 X 14 Level - Second

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

6722 S Lagoon Drive | MLS# 790039

This multi-family property located at 6722 S Lagoon Drive, Panama City, FL 32408 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $1,185,000. Search Panama City real estate on kdimond.beachybeach.com today.

Listed By / Shown By

agent picture

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Katelyn "Katie" Dimond
Agent Phone: (404) 338-0822

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/19/2026. The listing information on this page last changed on 05/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/19/2026 9:27:08 AM EST) or Emerald Coast MLS (last updated Tue 05/19/2026 9:25:34 AM EST) or Central Panhandle Association of Realtors (last updated Tue 05/19/2026 8:36:35 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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