6722 S Lagoon Drive, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
6722 S Lagoon Drive,Panama City, FL 32408
$1,185,000
- 5 Beds
- 5 Baths
- 2,720 sq. ft.
- Multi-family
- Active
Listed by: heather fox
Office: beachy beach real estate
MLS#:790039
Source:FL_BCMLS
Price summary
- Price:$1,185,000
- Price per sq. ft.:$435.66
About this home
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....
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Home facts
- Year built:1981
- Listing ID #:790039
- Added:5 day(s) ago
- Updated:May 24, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:6
- Kitchen Description:Electric Range
- Living area:2,720 sq. ft.
Heating and cooling
- Cooling:CentralAir, Ductless
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1981
- Building area:2,720 sq. ft.
- Lot area:0.25 Acres
- Exterior Features:Balcony, Boat Lift, Boat Slip, Deck
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,185,000
- Price per sq. ft.:$435.66
- Tax amount:$7,993 (2025)
Features and amenities
- Amenities:ElectricRange
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