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For sale
  • Price cut: $85K (7/13)
    $1,100,000

    6722 S Lagoon Dr, Panama City Beach, FL 32408

    5beds
    2,720sqft
    : 
    $6,774/mo
    Get pre-qualified
    Multi Family
    Built in 1981
    -- sqft lot
    $1,006,800 Zestimate®
    $404/sqft
    $-- HOA

    What's special

    Waterfront livingCompletely updated and remodeledSpacious three-quarter wraparound balcony
    Welcome to S Lagoon waterfront living, where investment potential, lifestyle, and flexibility come together in one beautifully updated 3-in-1 property, Pontoon conveys. Positioned directly on the water with two boat slips and a boat lift, this rare opportunity is ideal for boating enthusiasts, short-term or long-term rental income, multi-generational living, the ultimate house hacking. The main upstairs furnished dwelling features 3 bedrooms, 2.5 baths, and a spacious three-quarter wraparound balcony designed to capture breezes, water views, and the relaxed coastal lifestyle. The property has been completely updated and remodeled, offering peace of mind with all new modern interior design in 2020, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. This level offers wide open living with windows all the way around bring the outdoors in. Almost feel like you're walking on water. The open concept means whether in the living room, kitchen of dining, the lagoon is living breathing art. In addition to the main residence, there are two separate 1-bedroom units on the main level. The waterfront apartment is fully furnished and features its own covered deck overlooking the lagoon, creating a charming retreat for guests, parents in their golden years, or rental income (short term, or long term). The second 1-bedroom unit is located street side, offering even more flexibility for extended family, tenants, or owner-occupant income potential. Whether you envision a waterfront primary residence with income-producing units, a multi-generational coastal compound, or a smart investment property in a highly desirable location, this S Lagoon property delivers rare versatility, updated design, peace of mind of a renovation, and the boating lifestyle Florida is made of.
    100 days
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    551
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    33
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    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Fox 850-541-5774,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 790039MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Great Room, Primary Bedroom
      Primary bedroom
      • Description: Main 3bed unit
      • Level: Second
      • Dimensions: 17 x 14
      Bedroom
      • Description: Lagoon Front Unit
      • Level: First
      • Dimensions: 12 x 12
      Bedroom
      • Description: Main 3bed unit
      • Level: Third
      • Dimensions: 15 x 13
      Bedroom
      • Description: Main 3bed unit
      • Level: Third
      • Dimensions: 13 x 13
      Great room
      • Description: Main 3bed unit
      • Level: Second
      • Dimensions: 27 x 15
      Great room
      • Description: Lagoon Front Unit
      • Level: First
      • Dimensions: 17 x 13
      Heating
      • Central, Ductless
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Electric Range
      Features
      • Shower Only, Upper Level Primary, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,720
      • Total interior livable area: 2,720 sqft

      Property

      Features
      • Patio & porch: Balcony, Deck
      • Exterior features: Boat Lift, Boat Slip, Boat Ramp, Covered Patio, Dock
      • Has view: Yes
      • View description: Lagoon
      • Has water view: Yes
      • Water view: Lagoon
      • Waterfront features: Lagoon, Boat Dock/Slip, Seawall
      Lot
      • Size: 0.25 Acres
      • Dimensions: 40 x 210 x 70 x 191
      Details
      • Additional structures: Boat House
      • Parcel number: 30619000000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • HardiPlank Type
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Holiday Beach Unit 1
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $404/sqft
      • Tax assessed value: $566,637
      • Annual tax amount: $7,993
      • Date on market: 5/18/2026
      • Cumulative days on market: 85 days

        Estimated market value

        $1,006,800

        $956,000 - $1.06M

        $1,391/mo

        Price history

        DateEventPrice
        7/13/2026Price change$1,100,000-7.2%$404/sqft
        Source: CPAR #790039 Report a problem
        5/18/2026Listed for sale$1,185,000-1.3%$436/sqft
        Source: CPAR #790039 Report a problem
        10/1/2025Listing removed$1,200,000$441/sqft
        Source: CPAR #774052 Report a problem
        9/1/2025Price change$1,200,000-7.7%$441/sqft
        Source: CPAR #774052 Report a problem
        7/25/2025Price change$1,300,000-13.3%$478/sqft
        Source: CPAR #774052 Report a problem
        6/28/2025Price change$1,500,000-6.3%$551/sqft
        Source: CPAR #774052 Report a problem
        5/28/2025Listed for sale$1,600,000+220.6%$588/sqft
        Source: CPAR #774052 Report a problem
        11/19/2020Sold$499,000$183/sqft
        Source: CPAR #704261 Report a problem
        11/8/2020Listed for sale$499,000$183/sqft
        Source: Re/Max Infinity #704261 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,003 +6%$566,637 +7.9%
        2023$6,608 +13.7%$525,366 +5.2%
        2022$5,815 $499,260
        2021-- --
        2020$2,509 +2.1%$241,157 +2.8%
        2019$2,457 $234,616 +1.9%
        2018$2,457 +0.3%$230,241 +2.1%
        2017$2,449 +1.6%$225,505 +2.1%
        2016$2,410 -1.5%$220,867 +0.7%
        2015$2,447 $219,332 +0.8%
        2014$2,447 $217,591 +1.5%
        2013-- $214,375 +2.6%
        2012-- $208,896 +6.1%
        2011-- $196,905 +1.5%
        2010-- $193,995 +2.7%
        2009-- $188,895 +0.1%
        2008-- $188,706 +3%
        2007-- $183,210 +2.5%
        2006-- $178,741 +3%
        2005-- $173,535 +3%
        2004-- $168,481 +1.9%
        2003-- $165,340 +2.4%
        2002-- $161,465 +1.6%
        2001-- $158,922 -1.2%
        2000-- $160,831
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        27 / 100
        Car-Dependent
        50 / 100
        Bikeable

        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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