Lower Grand Lagoon, FL homes for sale & real estate

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ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
OPEN HOUSE - Saturday, September 13th from 11a-2p. Come Home to the Beach! Located on one of the most desirable streets in Panama City Beach, this stunning 3-bedroom, 2-bath home offers the perfect balance of convenience, privacy, and coastal living. Nestled between the Gulf of Mexico and Grand Lagoon, you'll be just minutes from two boat ramps, Beach Access #13, and a variety of restaurants, amusement parks, and attractions. The Navy Base and Pier Park are also a short drive away. The South Lagoon area is known for its relaxed, laid-back lifestyle residents enjoy boating, fishing, paddleboarding, and evening walks to watch the sunset. With its close proximity to marinas, local dining, and

$529,000

3 beds2 baths1,610 sq ft

6813 S Lagoon Dr, Panama City, FL 32408

Gulf of mexico • Grand lagoon • Beach access

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Short Term Rentals allowed. This is a wonderful duplex with each side having a 2 bedroom, 2 bath, kitchen, huge living area, enclosed porch and a nice size laundry room. Each side is fenced for privacy. This is a wonderful location just a short walk to Schooners and the beach. A great rental to make some money! All investors wanting a short term rental for income, this is your property. Someone could purchase and live in one side and rent the other side out! Don't let this opportunity pass you by! All measurements are approximate.

$615,000

4 beds4 baths2,150 sq ft

2910 Treasure Cir Unit A & B, Panama City Beach, FL 32408

Short walk to beach • Enclosed porch • Duplex

3D WALKTHROUGH

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Just 450 steps from the sand, this stunning beach cottage was professionally designed by Casa Marina Lifestyle for style, comfort, and rental potential. Perfect as a high-performing investment, beach retreat, or full-time home. Inside, enjoy vaulted ceilings, natural light, and open living spaces blending coastal elegance with Mediterranean flair. The kitchen has brand-new stainless steel appliances, bathrooms feel spa-like, and bedrooms include large TVs. Two outdoor sheds add extra storage. Outside, the backyard has room for a pool, dining, or gatherings, plus an outdoor shower and parking for a boat. Across from Rick Seltzer Park, enjoy beach access, showers, restrooms, and parking. No H

$435,000

2 beds2 baths988 sq ft

7401 Sunset Ave, Panama City, FL 32408

Built 1979 • Listed 89 days

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
OPEN HOUSE. .Friday 28 and Sat 29 11-3pm!! * * Great Price Adjustment!! * * Experience true coastal living at Seychelles Resort Condominiums. This 10th floor unit overlooks the sugar sand beaches and emerald waters of the Gulf. Enjoy your private balcony and the coastal breeze while taking in the panoramic sunsets over the gorgeous Gulf of America/Mexico—perfect for relaxing or entertaining. After a day at the beach, enjoy one of the 2 pools and hot tub. Inside, the spacious open-concept layout offers a comfortable living area, a well-equipped kitchen. New dishwasher, microwave and oversized stacked washer/dryer. Spacious primary suite with direct access to a full bath. Hallway b

$415,000

1 bed2 baths883 sq ft

5115 Gulf Dr #1004, Panama City, FL 32408

Sugar sand beaches • Hot tub • Emerald waters

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Improvements continue! New stairs and balcony railings in place, walkways on schedule. The best little community =This studio provides a cozy space and perfect for couples or solo travelers; whether you are looking for your own private condo or an investment property, this studio can be both! Steps to Beach Access 13 and great Thomas Drive location! Short drive to St. Andrews State Park and other attractions. Don't miss this one! Stackable W/ D in 2024, HVAC 2023 - fully furnished.

$174,890

0 beds1 bath400 sq ft

4114 Holiday Dr #17, Panama City, FL 32407

Beach access 13 • Parking • Community pool

Property at 6505 Thomas Dr Unit 103A, Panama City Beach, FL 32408, 2 beds, 2 baths

$399,000

2 beds2 baths1,075 sq ft

6505 Thomas Dr Unit 103A, Panama City Beach, FL 32408

Property at 8618 Surf Dr #112, Panama City, FL 32408, 1 bath

$189,000

0 beds1 bath448 sq ft

8618 Surf Dr #112, Panama City, FL 32408

Property at 3600 Thomas Dr Unit C104, Panama City, FL 32408, 1 bed, 1 bath

$249,900

1 bed1 bath656 sq ft

3600 Thomas Dr Unit C104, Panama City, FL 32408

Property at 5720 Beach Dr, Panama City, FL 32408, 2 beds, 2.5 baths

$360,000

2 beds2.5 baths1,158 sq ft

5720 Beach Dr, Panama City, FL 32408

Property at 468 N Marlin Dr, Panama City, FL 32408, 2 beds, 1 bath

$299,000

2 beds1 bath566 sq ft

468 N Marlin Dr, Panama City, FL 32408

Property at 8730 Thomas Dr #409, Panama City, FL 32408, 3 beds, 3 baths

$425,000

3 beds3 baths1,322 sq ft

8730 Thomas Dr #409, Panama City, FL 32408

(305) 390-4000

Property at 8407 Thomas Dr #2, Panama City, FL 32408, 2 beds, 2.5 baths

$465,000

2 beds2.5 baths1,279 sq ft

8407 Thomas Dr #2, Panama City, FL 32408

Property at 7425 S Lagoon Dr, Panama City, FL 32408, 3 beds, 2 baths

$900,000

3 beds2 baths1,386 sq ft

7425 S Lagoon Dr, Panama City, FL 32408

Property at 5928 Gulf Dr, Panama City, FL 32408, 6 beds, 6.5 baths

$3,200,000

6 beds6.5 baths3,969 sq ft

5928 Gulf Dr, Panama City, FL 32408

Property at 5936 Gulf Dr, Panama City, FL 32408, 6 beds, 6.5 baths

$3,299,000

6 beds6.5 baths4,747 sq ft

5936 Gulf Dr, Panama City, FL 32408

Property at 228 Squid Ln, Panama City, FL 32408, 2 beds, 2 baths

$599,000

2 beds2 baths1,186 sq ft

228 Squid Ln, Panama City, FL 32408

Property at 8601 Surf Dr Unit 14W, Panama City, FL 32408, 3 beds, 2 baths

$925,000

3 beds2 baths1,783 sq ft

8601 Surf Dr Unit 14W, Panama City, FL 32408

Property at 5944 Gulf Dr, Panama City, FL 32408, 6 beds, 6.5 baths

$3,299,000

6 beds6.5 baths4,747 sq ft

5944 Gulf Dr, Panama City, FL 32408

Property at 8601 W Surf 15 Dr Unit 15w, Panama City, FL 32408, 3 beds, 2 baths

$1,200,000

3 beds2 baths1,783 sq ft

8601 W Surf 15 Dr Unit 15w, Panama City, FL 32408

Property at 7421 Sunset Ave Ave, Panama City, FL 32408, 4 beds, 3 baths

$419,900

4 beds3 baths1,824 sq ft

7421 Sunset Ave Ave, Panama City, FL 32408

Property at 7205 Thomas E206 Dr #206, Panama City, FL 32408, 3 beds, 3 baths

$850,000

3 beds3 baths1,881 sq ft

7205 Thomas E206 Dr #206, Panama City, FL 32408

Property at 5237 Thomas Dr Unit A&B, Panama City, FL 32408, 10 beds, 9 baths

$2,350,000

10 beds9 baths5,156 sq ft

5237 Thomas Dr Unit A&B, Panama City, FL 32408

Property at 5115 Gulf Dr Unit 1806, Panama City, FL 32408, 1 bed, 2 baths

$410,000

1 bed2 baths883 sq ft

5115 Gulf Dr Unit 1806, Panama City, FL 32408

Property at 7822 Thomas Dr, Panama City, FL 32408, 3 beds, 2.5 baths

$699,999

3 beds2.5 baths1,707 sq ft

7822 Thomas Dr, Panama City, FL 32408

Property at 251 Barracuda Dr, Panama City, FL 32408, 3 beds, 2 baths

$549,000

3 beds2 baths1,152 sq ft

251 Barracuda Dr, Panama City, FL 32408

Property at 4114 Holiday Dr #16, Panama City, FL 32408, 1 bath

$199,990

0 beds1 bath400 sq ft

4114 Holiday Dr #16, Panama City, FL 32408

Property at 6223 S Lagoon Dr, Panama City, FL 32408, 2 beds, 2 baths

$319,900

2 beds2 baths1,450 sq ft

6223 S Lagoon Dr, Panama City, FL 32408

Property at 4425 Thomas Dr Unit 103T, Panama City, FL 32408, 2 beds, 2.5 baths

$544,995

2 beds2.5 baths1,124 sq ft

4425 Thomas Dr Unit 103T, Panama City, FL 32408

Property at 5301 Thomas Dr #32, Panama City, FL 32408, 1 bed, 1 bath

$259,000

1 bed1 bath590 sq ft

5301 Thomas Dr #32, Panama City, FL 32408

Property at 5801 Thomas Dr #1003, Panama City, FL 32408, 3 beds, 2 baths

$574,900

3 beds2 baths1,352 sq ft

5801 Thomas Dr #1003, Panama City, FL 32408

Property at 6304 Thomas Dr Unit U7, Panama City, FL 32408, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths1,380 sq ft

6304 Thomas Dr Unit U7, Panama City, FL 32408

Property at 5826 Hilltop Ave, Panama City, FL 32408, 3 beds, 3 baths

$580,000

3 beds3 baths1,456 sq ft

5826 Hilltop Ave, Panama City, FL 32408

Property at 3600 Thomas Dr Unit D103, Panama City, FL 32408, 1 bed, 1 bath

$279,400

1 bed1 bath656 sq ft

3600 Thomas Dr Unit D103, Panama City, FL 32408

Property at 245 Barracuda Dr, Panama City, FL 32408, 2 beds, 1 bath

$289,000

2 beds1 bath768 sq ft

245 Barracuda Dr, Panama City, FL 32408

Property at 6006 Thomas Dr, Panama City, FL 32408, 6 baths

$2,700,000

— beds6 baths4,480 sq ft

6006 Thomas Dr, Panama City, FL 32408

Property at 7008 Sunset Ave, Panama City, FL 32408, 3 beds, 2 baths

$399,900

3 beds2 baths1,075 sq ft

7008 Sunset Ave, Panama City, FL 32408

Property at 4015 Holiday Dr, Panama City, FL 32408, 4 beds, 4 baths

$749,900

4 beds4 baths2,600 sq ft

4015 Holiday Dr, Panama City, FL 32408

Property at 5500 Sunset Ave Unit A, Panama City, FL 32408, 2 beds, 2 baths

$345,000

2 beds2 baths1,028 sq ft

5500 Sunset Ave Unit A, Panama City, FL 32408

Property at 6238 Thomas Dr, Panama City, FL 32408, 4 beds, 4 baths

$579,000

4 beds4 baths2,367 sq ft

6238 Thomas Dr, Panama City, FL 32408

Property at 6201 Thomas Dr #1805, Panama City, FL 32408, 3 beds, 3 baths

$2,100,000

3 beds3 baths3,056 sq ft

6201 Thomas Dr #1805, Panama City, FL 32408

Property at 6201 Thomas Dr #409, Panama City, FL 32408, 2 beds, 2 baths

$615,000

2 beds2 baths1,404 sq ft

6201 Thomas Dr #409, Panama City, FL 32408

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Average home prices near Lower Grand Lagoon, FL

Cities

Panama City Beach homes for sale
$415,000
Lynn Haven homes for sale
$350,000
Parker homes for sale
$279,000
Pretty Bayou homes for sale
$514,950
Springfield homes for sale
$290,000
Laguna Beach homes for sale
$629,900
Panama City homes for sale
$299,900
Callaway homes for sale
$299,945
Ebro homes for sale
Cedar Grove homes for sale
$264,450
Upper Grand Lagoon homes for sale
$389,450

Neighborhoods
Zip Codes

Bel Air homes for sale
$934,500
Treasure Cove homes for sale
$365,000
Crescent Beach homes for sale
$539,500
Palm Bay homes for sale
$612,250
Biltmore Beach homes for sale
$515,000
Port Lagoon homes for sale
$720,000
Coastal Palms Commercial homes for sale
$1,199,000
Treasure Island homes for sale
$422,000
Bay Point homes for sale
$707,000
Grand Lagoon Shores homes for sale
$599,900

Lower Grand Lagoon, FL real estate trends

All Home Types trends in Lower Grand Lagoon, FL

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$430,000

-11.5% YoY | Oct 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Oct 2025

Growth

% YoY

Lower Grand Lagoon, FL

$430,000

-11.5%

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