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.
For sale
Price cut: $85K (7/13)
$1,100,000
6722 S Lagoon Dr, Panama City Beach, FL 32408
5beds
2,720sqft
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
- 102 days
- 563
- 35
Zillow last checked:
Listing updated:
Listed by:
Heather Fox 850-541-5774,
Beachy Beach Real Estate
Source: CPAR,MLS#: 790039
Originating 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: 87 days
Estimated market value
$1,006,800
$956,000 - $1.06M
$1,583/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $1,100,000-7.2%$404/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $1,185,000-1.3%$436/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $1,200,000$441/sqft |
Source: | ||
| 9/1/2025 | Price change | $1,200,000-7.7%$441/sqft |
Source: | ||
| 7/25/2025 | Price change | $1,300,000-13.3%$478/sqft |
Source: | ||
| 6/28/2025 | Price change | $1,500,000-6.3%$551/sqft |
Source: | ||
| 5/28/2025 | Listed for sale | $1,600,000+220.6%$588/sqft |
Source: | ||
| 11/19/2020 | Sold | $499,000$183/sqft |
Source: | ||
| 11/8/2020 | Listed for sale | $499,000$183/sqft |
Source: Re/Max Infinity #704261 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.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.





