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Sold for $345,000
  • $345,000

    7231 S Lagoon Dr, Panama City Beach, FL 32408

    2beds
    1,280sqft
    Townhouse
    Built in 1983
    3,920 Square Feet Lot
    $341,700 Zestimate®
    $270/sqft
    $1,892 Estimated rent

    Home value

    $341,700

    $311,000 - $372,000

    $1,892/mo

    Zestimate® history
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    What's special

    Peaceful lagoon viewsFully furnished turnkey propertyBbq hangout areaFully equipped kitchenOutdoor showerExtended enclosed balcony
    Just a few blocks from the Safari Street public boat ramp and located across the street from the lagoon, this established short-term rental unit offers the perfect combination of coastal living and convenience. Situated only 3 blocks from the sugar sands of Panama City Beach and Rick Seltzer Park, this fully furnished, turnkey property comfortably accommodates up to 8 guests. The layout includes 2 private suites and bunk beds downstairs, while the upstairs features an open-concept living area with a fully equipped kitchen, laundry, and a half bathroom. The extended, enclosed balcony provides peaceful lagoon views, creating an ideal space for relaxation. The backyard is designed for gatherings and outdoor fun, complete with a BBQ hangout area, space for sun lounging, and an outdoor shower to rinse off after a day at the beach. Two bicycles are also included, making it easy to explore the charming neighborhood and nearby attractions. The side yard features a gated area for boat or extra vehicle parking, perfect for water enthusiasts. Set in a quiet area near Panama City Beach's best restaurants and attractions, this property has no HOA restrictions. Whether you're seeking a profitable rental investment or a personal coastal retreat, this home is an exceptional find. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alice de La Penha 850-771-3150,

    Coldwell Banker Realty

    Bought with:

    Makaila Parson

    Coastal Living Realty & Associates

    James D Payton, SL3575935

    Coastal Living Realty & Associates

    Source: CPAR,MLS#: 765999MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Foyer, Half Bath, Kitchen, Laundry, Living Room, Other
    Bedroom
    • Level: First
    • Dimensions: 8.7 x 11.1
    Bedroom
    • Level: First
    • Dimensions: 14.9 x 19.7
    Other
    • Level: Second
    • Dimensions: 16.4 x 9
    Dining room
    • Level: Second
    • Dimensions: 14.11 x 8.11
    Foyer
    • Level: First
    • Dimensions: 5.1 x 7.2
    Other
    • Level: First
    • Dimensions: 8.7 x 5.3
    Other
    • Level: First
    • Dimensions: 6.2 x 5.2
    Half bath
    • Level: Second
    • Dimensions: 5.5 x 4.6
    Kitchen
    • Level: Second
    • Dimensions: 9.1 x 11.3
    Laundry
    • Level: Second
    • Dimensions: 5.5 x 3.2
    Living room
    • Level: Second
    • Dimensions: 12.2 x 17.8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Water Heater
    Features
    • Entrance Foyer
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,280 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking, Gated, RV Access/Parking
    • Covered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Lagoon
    • Has water view: Yes
    • Water view: Lagoon
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 30 x 131
    Details
    • Parcel number: 30808317001
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Holiday Beach Unit 15
    HOA
    • Has HOA: No
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $235,151
    • Annual tax amount: $2,945
    • Date on market: 12/10/2024
    • Cumulative days on market: 29 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/7/2025Sold$345,000-3.9%$270/sqft
    Source: CPAR #765999 Report a problem
    1/15/2025Contingent$359,000$280/sqft
    Source: CPAR #765999 Report a problem
    1/4/2025Price change$359,000-1.6%$280/sqft
    Source: CPAR #765999 Report a problem
    12/10/2024Listed for sale$364,900-3.2%$285/sqft
    Source: CPAR #765999 Report a problem
    9/3/2021Sold$377,000+79.5%$295/sqft
    Source: CPAR #714503 Report a problem
    6/5/2020Sold$210,000-5.4%$164/sqft
    Source: CPAR #694114 Report a problem
    4/1/2020Price change$222,000-3.5%$173/sqft
    Source: EXP Realty LLC #694114 Report a problem
    2/13/2020Listed for sale$230,000$180/sqft
    Source: EXP Realty LLC #694114 Report a problem
    11/7/2019Listing removed$230,000$180/sqft
    Source: Beachy Beach Inc #687113 Report a problem
    8/30/2019Price change$230,000-2.1%$180/sqft
    Source: Beachy Beach Inc #687113 Report a problem
    8/11/2019Listed for sale$235,000+64.3%$184/sqft
    Source: Beachy Beach Inc #687113 Report a problem
    2/16/2016Sold$143,000-3.4%$112/sqft
    Source: Public Record Report a problem
    1/13/2016Listed for sale$148,000+146.7%$116/sqft
    Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #639280 Report a problem
    9/18/2013Sold$60,000-7.6%$47/sqft
    Source: Public Record Report a problem
    8/4/2013Listed for sale$64,900-66.7%$51/sqft
    Source: Pelican Real Estate #611523 Report a problem
    4/5/2005Sold$195,000+129.4%$152/sqft
    Source: Public Record Report a problem
    4/10/2001Sold$85,000$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,930 -0.5%$235,151 +1.2%
    2023$2,945 -6.2%$232,322 -13.3%
    2022$3,138 $267,832
    2021-- --
    2020$1,619 +53.6%$129,817 +3.7%
    2019$1,054 $125,244 +1.9%
    2018$1,054 +1.1%$122,909 +2.1%
    2017$1,043 +2%$120,381 +95.4%
    2016$1,023 +128.7%$61,610 +0.7%
    2015$447 $61,182 -0.6%
    2014$447 $61,535 -23.5%
    2013-- $80,425 -1%
    2012-- $81,197 -7.3%
    2011-- $87,633 -3.5%
    2010-- $90,852 -13.9%
    2009-- $105,503 -2.4%
    2008-- $108,104 -15.7%
    2007-- $128,164 -19.1%
    2006-- $158,407 +61.1%
    2005-- $98,324 +33%
    2004-- $73,929 -0.8%
    2003-- $74,503 +8.6%
    2002-- $68,607
    2001-- $68,607 +44.2%
    2000-- $47,583
    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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    $341,700
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    With Zillow Showcase(estimated)
    $348,534