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Sold for $1,497,868
  • $1,497,868

    102 Grand Lagoon Shores Dr #1-4, Panama City, FL 32408

    12beds
    7,156sqft
    Quadruplex, Multi Family
    Built in 2025
    -- sqft lot
    $1,481,200 Zestimate®
    $209/sqft
    $2,338 Estimated rent

    Home value

    $1,481,200

    $1.35M - $1.63M

    $2,338/mo

    Zestimate® history
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    $9,747/mo

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    What's special

    Modern designLagoon viewsQuartz countertopsGenerously sized laundry roomHigh-end finishesElegant gold finishesConvenient half bath
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS WOW - 2% Seller Concessions! Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach Location Capitalize on a premier investment opportunity with this newly constructed four-unit property, ideally situated in the high-growth North Lagoon area of Panama City Beach. As the only new quadplex currently available, this property offers a significant competitive advantage in the local rental market. Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage. Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent. Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA. Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand. Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy. This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida's most robust markets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tillery G Johnson 706-593-7259,

    Top Producers Real Estate Center,

    Ekaterina I Tomlinson 850-238-6225,

    Top Producers Real Estate Center

    Bought with:

    Melissa A Haworth, SL3481018

    EXP Realty LLC

    Source: CPAR,MLS#: 774971MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 8
    • 1/2 bathrooms: 4
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 15.4 x 18.6
    Bedroom
    • Level: Second
    • Dimensions: 14 x 10
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Dining room
    • Level: First
    • Dimensions: 11.6 x 12.6
    Kitchen
    • Level: First
    • Dimensions: 9.6 x 18.8
    Living room
    • Level: First
    • Dimensions: 13.6 x 16.8
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Features
    • Interior Steps
    Interior area
    • Total structure area: 7,156
    • Total interior livable area: 7,156 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Open, Porch
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Lagoon
    • Has water view: Yes
    • Water view: Lagoon
    Lot
    • Size: 0.28 Acres
    • Features: Paved
    Details
    • Parcel number: 30188271000
    • Zoning description: County, Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Concrete, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Metal
    Condition
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Utilities for property: Sewer Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Grand Lagoon Shores 7
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $209/sqft
    • Annual tax amount: $905
    • Date on market: 6/16/2025
    • Cumulative days on market: 163 days

    Price history

    DateEventPrice
    12/22/2025Sold$1,497,868-3.9%$209/sqft
    Source: CPAR #774971 Report a problem
    12/1/2025Pending sale$1,559,000$218/sqft
    Source: CPAR #774971 Report a problem
    10/2/2025Price change$1,559,000-6%$218/sqft
    Source: CPAR #774971 Report a problem
    6/16/2025Listed for sale$1,659,000$232/sqft
    Source: CPAR #774971 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Upper Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,481,200
    2% more
    +$29,624
    With Zillow Showcase(estimated)
    $1,510,824
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,481,200
    2% more
    +$29,624
    With Zillow Showcase(estimated)
    $1,510,824