Motivated Seller. Price improvement just in time for summer beach days. Settle into this rental ready 2 bedroom, 2.5 bath low rise condo. Perfectly situated across from the community pool. A fenced in patio area for your outdoor dining pleasure. Located close to popular restaurants and the beach. The HVAC was replaced in 2023. This home is completely furnished and ready to go- an ideal turnkey opportunity for investors or those looking for a vacation retreat.
For sale
$174,900
7125 N Lagoon Dr Unit H, Panama City Beach, FL 32408
2beds
1,200sqft
Condominium
Built in 1984
-- sqft lot
$166,300 Zestimate®
$146/sqft
$530/mo HOA
What's special
- 293 days
- 412
- 17
Zillow last checked:
Listing updated:
Listed by:
Rebecca K Hook 850-532-0207,
Realty One Group Emerald Coast
Source: CPAR,MLS#: 781529
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Level: Second
- Dimensions: 15 x 14
Bedroom
- Level: Second
- Dimensions: 13 x 12
Primary bathroom
- Level: Second
- Dimensions: 7 x 6
Dining room
- Level: First
- Dimensions: 8 x 10
Family room
- Level: First
- Dimensions: 13 x 12
Other
- Level: Second
- Dimensions: 6 x 7
Half bath
- Level: First
Kitchen
- Level: First
- Dimensions: 8.5 x 5
Other
- Features: Balcony
- Level: Second
- Dimensions: 12 x 4
Heating
- Electric
Appliances
- Included: Electric Range, Electric Water Heater, Plumbed For Ice Maker
Features
- Balcony, Interior Steps, Tub Shower, Upper Level Primary
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Additional Parking, No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Balcony
- Exterior features: Patio, Rain Gutters
- Pool features: Gunite, In Ground, Community
- Fencing: Partial
Details
- Parcel number: 30819514000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Stucco, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Pool, Community Pool, Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Shade Tree Condo Ph II
HOA
- Has HOA: Yes
- Services included: Legal/Accounting, Pest Control, Pool(s), Sewer, Trash, Water
- HOA fee: $530 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $167,875
- Annual tax amount: $2,103
- Date on market: 5/1/2026
- Cumulative days on market: 258 days
- Electric utility on property: Yes
Estimated market value
$166,300
$145,000 - $188,000
$2,026/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $174,900-2.3%$146/sqft |
Source:  CPAR #781529 Report a problem | ||
| 3/17/2026 | Pending sale | $179,000$149/sqft |
Source: CPAR #781529 Report a problem | ||
| 1/30/2026 | Price change | $179,000-5.3%$149/sqft |
Source: CPAR #781529 Report a problem | ||
| 11/11/2025 | Listed for sale | $189,000$158/sqft |
Source: CPAR #781529 Report a problem | ||
| 11/7/2025 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listed for rent | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,103 +46.9% | $167,875 +150.3% |
| 2023 | $1,431 +15.9% | $67,058 +10% |
| 2022 | $1,235 | $60,962 |
| 2021 | -- | -- |
| 2020 | $771 +24.2% | $51,818 +10% |
| 2019 | $620 | $47,107 -15% |
| 2018 | $620 -15.4% | $55,420 |
| 2017 | $734 -0.6% | $55,420 +8.7% |
| 2016 | $738 +5.8% | $51,000 +2.3% |
| 2015 | $698 | $49,858 |
| 2014 | $698 | $49,858 |
| 2013 | -- | $49,858 +6.9% |
| 2012 | -- | $46,640 |
| 2011 | -- | $46,640 -12.5% |
| 2010 | -- | $53,319 -8.2% |
| 2009 | -- | $58,095 -13.3% |
| 2008 | -- | $67,045 |
| 2007 | -- | $67,045 +62.6% |
| 2006 | -- | $41,225 |
| 2005 | -- | $41,225 |
| 2004 | -- | $41,225 |
| 2003 | -- | $41,225 |
| 2002 | -- | $41,225 |
| 2001 | -- | $41,225 |
| 2000 | -- | $41,225 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Upper 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.
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