5501 Lagoon Way, Panama City Beach, FL 32408

Local realty services provided by:Better Homes and Gardens Real Estate Historic
5501 Lagoon Way,Panama City Beach, FL 32408
$309,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,736 sq. ft.
  • Single family
  • Active
Listed by:alice de la penha
Office:coldwell banker realty
MLS#:771218
Source:FL_BCMLS

Price summary

  • Price:$309,000
  • Price per sq. ft.:$178

About this home

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Just five blocks from the sugar-white sands of Panama City Beach and within walking distance to the lagoon and a public boat ramp, 5501 Lagoon Way offers a unique opportunity in a prime coastal location. This 3-bedroom, 2-bathroom home features a flex space off the Florida room, ideal for a home office, playroom, or hobby area. Originally a 2-bedroom, 1-bath layout, the home was expanded to include a third bedroom and second full bathroom through a garage conversion that was previously used as a private beauty salon. A wood-burning fireplace adds charm to the main living area, and while the home showcases a vintage design, several major system upgrades have been completed. Recent improvements include storm-rated double-pane vinyl windows installed in 2024, a roof replacement in 2019, and updated wood siding on the back of the home in 2022 with new base trim around the entire exterior. The HVAC system was replaced around

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1977
  • Listing ID #:771218
  • Added:186 day(s) ago
  • Updated:September 24, 2025 at 08:43 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,736 sq. ft.

Heating and cooling

  • Cooling:CentralAir, WindowUnits
  • Heating:Central, Electric

Structure and exterior

  • Year built:1977
  • Building area:1,736 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Septic Available, Septic Tank

Finances and disclosures

  • Price:$309,000
  • Price per sq. ft.:$178
  • Tax amount:$634 (2024)
The information being provided by Central Panhandle Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association of Realtors. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association of Realtors. All rights reserved.

New listings near 5501 Lagoon Way