Welcome to the rare opportunity to own a premier building lot in Panama City Beach's sought-after South Lagoon neighborhood! Perfect for developers, builders, or anyone dreaming of a custom water view home. This lot is walking distance to two public lagoon access points. One access is 'Dolphin Drive' boat ramp which features a dock (for fishing) and public parking. This area is ideal for boating enthusiasts. Situated directly on S. Lagoon Drive with beautiful water glimpses and golf cart-friendly charm. Jump in your golf cart and only a couple of blocks to Gulf Beach Access, top restaurants, lively bars, and PCB attractions. South Lagoon area is a short drive to St. Andrews State Park (fishing pier, nature trails, snorkeling) and Navy Support Center. This unbeatable location offers relaxed coastal living with easy access to everything that makes Panama City Beach special--don't miss your chance to build in one of Florida's most desirable communities!
Lot/land
Price cut: $4K (6/24)
$295,000
5733 S Lagoon Dr, Panama City Beach, FL 32408
--beds
--baths
5,662Square Feet
Unimproved Land
Built in ----
5,662 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 173 days
- 56
- 3
Zillow last checked:
Listing updated:
Listed by:
Joan C Altenpohl 850-624-3668,
Coastal Real Estate Group, Inc
Source: CPAR,MLS#: 786500
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Features
- Has view: Yes
- View description: Lagoon
- Has water view: Yes
- Water view: Lagoon
Lot
- Size: 5,662 Square Feet
- Dimensions: 50 x 110
- Features: Paved
Details
- Additional structures: Shed(s)
- Parcel number: 32036010000
- Zoning description: County, Resid Single Family
- Special conditions: Listed As-Is
Utilities & green energy
- Sewer: Septic Needed
Community & HOA
Community
- Subdivision: Biltmore Beach 1st Add
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Tax assessed value: $134,314
- Annual tax amount: $1,196
- Date on market: 6/22/2026
- Cumulative days on market: 174 days
Estimated market value
Not available
Estimated sales range
Not available
$1,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $295,000-1.3% |
Source: | ||
| 6/22/2026 | Price change | $299,000-8% |
Source: | ||
| 3/22/2026 | Pending sale | $325,000 |
Source: | ||
| 3/8/2026 | Listed for sale | $325,000+828.6% |
Source: | ||
| 4/11/2011 | Sold | $35,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,068 +4.1% | $50,861 +10% |
| 2023 | $1,026 +34.3% | $46,237 +10% |
| 2022 | $764 | $42,034 |
| 2021 | -- | -- |
| 2020 | $600 +20.7% | $33,892 +10% |
| 2019 | $497 | $30,811 +10% |
| 2018 | $497 +16.2% | $28,010 +10% |
| 2017 | $428 +33.3% | $25,464 +2.9% |
| 2016 | $321 +2% | $24,751 +3.8% |
| 2015 | $315 | $23,845 +0.4% |
| 2014 | $315 | $23,750 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
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.



