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Sold for $420,000
  • $420,000

    5403 S Lagoon Dr, Panama City Beach, FL 32408

    3beds
    1,648sqft
    Single Family Residence
    Built in 1978
    6,098 Square Feet Lot
    $414,800 Zestimate®
    $255/sqft
    $2,252 Estimated rent

    Home value

    $414,800

    $394,000 - $436,000

    $2,252/mo

    Zestimate® history
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    What's special

    Generous backyardLow-maintenance landscapingCovered carport
    Private coastal retreat in East Panama City Beach with short-term rentals allowed - ideal for a full-time residence, second home, or vacation rental investment! This 3 BR/2BA home offers 1,648 sq ft in a golf cart-friendly community just 0.5 mile to nearby beach access. Roof is approximately 5 years old. Furnishings and golf cart are negotiable. Designed in a relaxed coastal boho style, the home features a spacious open living area perfect for entertaining or unwinding after a day at the beach. The kitchen is equipped with stainless steel appliances and flows seamlessly into the main living space, while durable vinyl plank and ceramic tile flooring throughout provide both style and easy maintenance. The primary suite includes an en-suite bath with walk-in shower, and two additional bedrooms share a bath with a tub/shower combination-comfortable for guests, family, or rental flexibility. Outside, enjoy the low-maintenance landscaping and a generous backyard with room to add an in-ground pool. A covered carport and hardwired workshop shed-complete with its own panel and ready for a split HVAC system-offers excellent potential for a home office, studio, or additional living space. Double-gate rear access from Biltmore Drive adds convenience for boat storage and accessibility. Launch your boat just 2 minutes away at the Dolphin Boat Ramp! Coastal lifestyle, income potential, and everyday comfort all come together in this versatile beach property tucked in a private cul-de-sac in the South Lagoon area. *All measurements and information are approximate, please verify if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie A Ryan 850-960-1731,

    CENTURY 21 Ryan Realty Inc,

    Brittany McLaughlin 850-532-5778,

    CENTURY 21 Ryan Realty Inc

    Bought with:

    Aaron Payne, 3308585

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 785138MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bonus Room, Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 11
    Bedroom
    • Level: First
    • Dimensions: 13 x 10
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Bonus room
    • Level: First
    • Dimensions: 23 x 12
    Kitchen
    • Level: First
    • Dimensions: 15 x 12
    Laundry
    • Level: First
    • Dimensions: 9 x 7
    Living room
    • Level: First
    • Dimensions: 17 x 13
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,648
    • Total interior livable area: 1,648 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: RV Access/Parking
    • Covered spaces: 1
    Features
    • Patio & porch: Patio, Covered, Porch
    • Exterior features: Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: Lagoon
    • Has water view: Yes
    • Water view: Lagoon
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 125
    • Features: Cul-De-Sac
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 31961000000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Utilities for property: Electricity Available, High Speed Internet Available
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Smoke Detector(s)
    • Subdivision: Biltmore Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $319,803
    • Annual tax amount: $4,298
    • Date on market: 2/12/2026
    • Cumulative days on market: 24 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/27/2026Sold$420,000-2.3%$255/sqft
    Source: CPAR #785138 Report a problem
    3/8/2026Pending sale$430,000$261/sqft
    Source: CPAR #785138 Report a problem
    2/12/2026Listed for sale$430,000-1.1%$261/sqft
    Source: CPAR #785138 Report a problem
    12/5/2025Listing removed$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    11/15/2025Listed for rent$2,300-11.5%$1/sqft
    Source: Zillow Rentals Report a problem
    6/9/2025Listing removed$434,900$264/sqft
    Source: CPAR #765944 Report a problem
    5/28/2025Listing removed$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    5/2/2025Price change$434,900-1.1%$264/sqft
    Source: CPAR #765944 Report a problem
    4/18/2025Price change$439,900-1.1%$267/sqft
    Source: CPAR #765944 Report a problem
    3/27/2025Price change$444,900-2.2%$270/sqft
    Source: CPAR #765944 Report a problem
    3/21/2025Price change$2,600-10.3%$2/sqft
    Source: CPAR #766962 Report a problem
    3/4/2025Price change$2,900-3.3%$2/sqft
    Source: CPAR #766962 Report a problem
    1/8/2025Listed for rent$3,000$2/sqft
    Source: CPAR #766962 Report a problem
    1/6/2025Price change$454,900-0.9%$276/sqft
    Source: CPAR #765944 Report a problem
    12/7/2024Listed for sale$459,000-0.2%$279/sqft
    Source: CPAR #765944 Report a problem
    8/6/2024Listing removed$459,900$279/sqft
    Source: CPAR #757444 Report a problem
    6/22/2024Price change$459,900-3.2%$279/sqft
    Source: CPAR #757444 Report a problem
    6/4/2024Listed for sale$475,000+23.4%$288/sqft
    Source: CPAR #757444 Report a problem
    6/17/2022Sold$385,000-2.5%$234/sqft
    Source: CPAR #720973 Report a problem
    4/24/2022Pending sale$395,000$240/sqft
    Source: CPAR #720973 Report a problem
    4/12/2022Price change$395,000-8.1%$240/sqft
    Source: CPAR #720973 Report a problem
    4/3/2022Price change$430,000-7.4%$261/sqft
    Source: CPAR #720973 Report a problem
    3/29/2022Price change$464,500-1.1%$282/sqft
    Source: CPAR #720973 Report a problem
    3/25/2022Listed for sale$469,500$285/sqft
    Source: CPAR #720973 Report a problem
    3/20/2022Pending sale$469,500$285/sqft
    Source: CPAR #720973 Report a problem
    3/15/2022Listed for sale$469,500$285/sqft
    Source: CPAR #720973 Report a problem
    2/16/2022Pending sale$469,500+261.4%$285/sqft
    Source: CPAR #720973 Report a problem
    7/27/2015Sold$129,900+292.4%$79/sqft
    Source: CPAR #631425 Report a problem
    12/12/2014Sold$33,100$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,970 -0.3%$319,803 +1.4%
    2023$3,981 +394.4%$315,251 +137.3%
    2022$805 $132,871
    2021-- --
    2020$798 +3.4%$127,220 +2.5%
    2019$772 $124,176 +1.9%
    2018$772 +1.3%$121,861 +2.1%
    2017$762 -2.6%$119,355 +0.1%
    2016$782 -51.7%$119,231 -0.2%
    2015$1,617 $119,512 +0.3%
    2014$1,617 $119,139 +29.7%
    2013-- $91,860 -1.3%
    2012-- $93,034 +6.1%
    2011-- $87,693 +1.5%
    2010-- $86,397 +2.7%
    2009-- $84,126 +0.1%
    2008-- $84,042 +3%
    2007-- $81,594 +2.5%
    2006-- $79,604 +3%
    2005-- $77,285 +3%
    2004-- $75,034 +1.9%
    2003-- $73,635 +2.4%
    2002-- $71,909
    2001-- $71,909 -0.7%
    2000-- $72,380
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • 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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