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7122 S Lagoon Drive, Panama City Beach, FL 32408

$950,000
: 3
BD
: 3
BA

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Sold Price: $950,000
List Price: $1,200,000
Closing Date: Jul 27, 2026
MLS#: 791341
Bedrooms: 3
Bathrooms: 3
Full-baths: 3
Acres: 0.32
Lot Size: 13,939
Subdivision: Holiday Beach Unit 1
Year Built: 1977

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Property Description

Don't miss this spacious waterfront brick home on two lots with 100 feet of waterfront on South Lagoon--a rare find with deep water and Gulf access. This property offers the ultimate waterfront lifestyle with a boat dock, boathouse with electric lift, hurricane shutters, a 12x28 waterfront deck, and an enclosed Florida room overlooking the water. Inside, the home features generously sized rooms, including an office, eat-in kitchen, dining room, formal living room, family room with fireplace, and 3 full baths. The primary bedroom overlooks the lagoon and includes 3 closets, while the additional bedrooms offer 2 large closets each. There is also an oversized garage with workshop space, tons of storage, a sink in the enclosed sunroom, separate RV or boat parking with its own drive, and a separate outbuilding. Located on a double lot, the property also offers future potential--the residence may be torn down and the lots split per the county. Please bring all offers!

(850) 890-7098

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Additional Information

Waterfront: Yes
Waterview: Lagoon, Water
Stories: 1
Interior Features: Main Level Primary, Shower Only, Utility Room
Exterior Features: Boat Lift, Deck, Dock, Patio
Lot Dimensions: 100.0 ft x 140.0 ft
Parking Spaces: 2
Community: Holiday Beach
Appliances: Electric Range, Electric Water Heater
Elementary School: Patronis
Middle School: Surfside
High School: Arnold