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For sale
  • Price cut: $50K (7/22)
    $849,000

    109 Granger Ln, Panama City Beach, FL 32413

    4beds
    2,738sqft
    : 
    $5,452/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1983
    -- sqft lot
    $808,100 Zestimate®
    $310/sqft
    $-- HOA

    What's special

    Professionally furnished and decoratedEasy beach accessUnbeatable viewsOversized lotEfficiency kitchens upstairsRear entries
    Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short-term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.
    277 days
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    710
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    58
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Clowdus 256-504-3799,

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 781140MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Bedroom, Living Room
      Bedroom
      • Description: Unit 1
      • Level: Second
      • Dimensions: 15 x 15
      Bedroom
      • Description: Unit 2
      • Level: Second
      • Dimensions: 15 x 15
      Living room
      • Description: Unit 1
      • Level: First
      • Dimensions: 15 x 20
      Living room
      • Description: Unit 2
      • Level: First
      • Dimensions: 15 x 20
      Heating
      • Ductless
      Cooling
      • Ceiling Fan(s), Ductless
      Appliances
      • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
      Features
      • Balcony, Interior Steps, Sitting Area in Primary
      Interior area
      • Total structure area: 2,738
      • Total interior livable area: 2,738 sqft

      Property

      Parking
      • Parking features: Additional Parking
      Features
      • Patio & porch: Balcony, Deck, Covered, Open, Patio, Porch
      • Exterior features: Covered Patio, Deck, Patio, Outdoor Shower
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake, Lake Front
      • Frontage length: 70
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 70 x 145
      • Features: Paved
      Details
      • Parcel number: 36731000000
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Laguna Beach
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $310/sqft
      • Tax assessed value: $587,591
      • Annual tax amount: $7,261
      • Date on market: 11/3/2025
      • Cumulative days on market: 277 days

        Estimated market value

        $808,100

        $768,000 - $849,000

        $2,115/mo

        Price history

        DateEventPrice
        7/22/2026Price change$849,000-5.6%$310/sqft
        Source: CPAR #781140 Report a problem
        4/15/2026Price change$899,000-5.3%$328/sqft
        Source: ECAOR #988828 Report a problem
        11/3/2025Listed for sale$949,000-3.9%$347/sqft
        Source: CPAR #781140 Report a problem
        8/15/2025Listing removed$988,000$361/sqft
        Source: ECAOR #974259 Report a problem
        6/20/2025Price change$988,000-1%$361/sqft
        Source: ECAOR #974259 Report a problem
        4/18/2025Listed for sale$998,000-14.9%$364/sqft
        Source: ECAOR #974259 Report a problem
        6/2/2024Listing removed--
        Source: CPAR #750294 Report a problem
        2/15/2024Price change$1,173,000-0.8%$428/sqft
        Source: ECAOR #935719 Report a problem
        11/1/2023Listed for sale$1,183,000+47%$432/sqft
        Source: ECAOR #935719 Report a problem
        8/19/2022Sold$805,000-10.6%$294/sqft
        Source: CPAR #727331 Report a problem
        7/30/2022Pending sale$900,000$329/sqft
        Source: ECAOR #901491 Report a problem
        7/30/2022Contingent$900,000$329/sqft
        Source: CPAR #727331 Report a problem
        7/18/2022Price change$900,000-26.5%$329/sqft
        Source: CPAR #727331 Report a problem
        6/22/2022Price change$1,225,000-10.9%$447/sqft
        Source: ECAOR #901491 Report a problem
        5/31/2022Listed for sale$1,375,000+97.8%$502/sqft
        Source: CPAR #727331 Report a problem
        9/1/2021Sold$695,000$254/sqft
        Source: CPAR #713659 Report a problem
        8/19/2021Pending sale$695,000$254/sqft
        Source: CPAR #713659 Report a problem
        7/2/2021Contingent$695,000$254/sqft
        Source: CPAR #713659 Report a problem
        7/2/2021Listed for sale$695,000+135.6%$254/sqft
        Source: CPAR #713659 Report a problem
        6/15/2015Sold$295,000-6.2%$108/sqft
        Source: Public Record Report a problem
        12/3/2014Listing removed$314,500$115/sqft
        Source: Barbara Hindman Realty, Inc #620730 Report a problem
        11/7/2014Price change$314,500-1.7%$115/sqft
        Source: Barbara Hindman Realty, Inc #620730 Report a problem
        9/12/2014Listed for sale$319,900-19%$117/sqft
        Source: Barbara Hindman Realty, Inc #620730 Report a problem
        12/15/2009Listing removed$395,000-27.8%$144/sqft
        Source: Prudential Shimmering Sands Realty #391292 Report a problem
        7/28/2009Sold$547,200+38.5%$200/sqft
        Source: Agent Provided Report a problem
        4/25/2009Price change$395,000-10%$144/sqft
        Source: Prudential Shimmering Sands Realty #391292 Report a problem
        2/7/2009Listed for sale$439,000-0.2%$160/sqft
        Source: Prudential Shimmering Sands Realty #391292 Report a problem
        4/14/2004Sold$440,000$161/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,261 -16.1%$587,591 -14.7%
        2023$8,656 +21.4%$689,169 +12.4%
        2022$7,132 $613,129
        2021-- --
        2020$3,471 +9.7%$275,396 +10%
        2019$3,165 $250,360 +0.1%
        2018$3,165 -1.4%$250,122 +0.6%
        2017$3,211 0%$248,520 -0.8%
        2016$3,212 +8.3%$250,564 +38%
        2015$2,965 $181,607 +10%
        2014$2,965 $165,097 -2.8%
        2013-- $169,877
        2012-- $169,877 -3.9%
        2011-- $176,849 -20.4%
        2010-- $222,212 -5.9%
        2009-- $236,133 -14.4%
        2008-- $275,833 -10%
        2007-- $306,573 -55.5%
        2006-- $689,339 +81%
        2005-- $380,789 +119.3%
        2004-- $173,647 +20.7%
        2003-- $143,897 +9.2%
        2002-- $131,811 -2.8%
        2001-- $135,591 +7.5%
        2000-- $126,098
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32413

        Getting around

        20 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Bay
        • Middle: Surfside
        • High: Arnold

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

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