Lower Grand Lagoon, FL homes for sale & real estate

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3D WALKTHROUGH

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Welcome to 6326/6328 Beach Drive, a rare beachside duplex located just one block from the sugar-white sands of Panama City Beach. This incredible income-producing opportunity offers two spacious units, each with 2 bedrooms and 2 bathrooms, perfect for short-term rentals, long-term tenants, or a personal residence with built-in income potential. Whether you're looking for a smart fix-and-flip, a vacation getaway, or an investment property with strong rental appeal, this home checks all the boxes. The property features a large second-floor deck that spans the entire front of the home, offering views of the Gulf and the perfect spot to unwind after a day at the beach. Each unit includes a comf

$675,000

4 beds4 baths2,380 sq ft

6328 Beach Dr, Panama City, FL 32408

Views of the gulf • Beachside duplex • Fenced backyard

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Welcome to your dream getaway at Treasure Island Condos! This stunning 2 bedroom 2 bath with bunks unit sits high on the 21st floor offering spectacular views and an open, airy feel. Approved for short-term rentals, it is perfect as an investment or your very own private retreat. Enjoy spacious living, modern amenities, and all the excitement of the Gulf Coast just outside your door. Do not miss this incredible opportunity, call today!

$639,000

2 beds2 baths1,370 sq ft

5004 Thomas 2102 Dr #2102, Panama City, FL 32408

Short-term rentals • 21st floor • Spectacular views

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Experience Gulf Coast living at it's finest in this gorgeous 2 bedroom, 2 bath condo with bunks on the 20th floor of Treasure Island! Enjoy expansive views and sun-filled living spaces, all within a stylish, fully-equipped building that allows short-term rentals. Whether you are looking for a profitable investment or a personal escape, this beachside haven is the perfect fit. Make your move today!

$639,000

2 beds2 baths1,370 sq ft

5004 Thomas 2005 Dr #2005, Panama City, FL 32408

Expansive views • Beachside haven • Built 2005

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Experience coastal living at its finest in Grande Surf Club Unit 1E, an exceptional Gulf-front residence located on the quiet, sought-after stretch of Thomas Drive. Grande Surf is a boutique 14-story, low-density community featuring only two units per floor, secured gated entry, and coded elevator access—offering a level of privacy that is increasingly rare along Panama City Beach. This beautifully updated condo features brand-new wood-look ceramic tile, new carpet in the bedrooms, and fresh interior paint throughout. The kitchen is equipped with recently replaced appliances, including a new dishwasher, stove, and water heater; the microwave is approximately six months old, and the re

$999,000

3 beds3 baths2,008 sq ft

8601 Surf Dr Unit 1E, Panama City, FL 32408

Coded access • New carpet • Freshly painted

ABOUT THIS HOME
Lower Grand Lagoon, FL Homes for Sale
Charming Gulf-Front Condo at Ocean Terrace Amazing Rental income well over 25k income generated in 2025 on track to generate 28/30k in first year as a STR! The little ones always rent so well. Discover your perfect getaway at Ocean Terrace, just off Thomas Drive! This delightful studio, only 85 steps from the beach, offers an unmatched opportunity to soak up the sun and enjoy stunning sunset views. This inviting first-floor studio comfortably accommodates up to 4 guests, featuring a luxurious king-sized bed and a convenient sleeper sofa, ensuring everyone has a cozy spot to unwind. With direct access to the beach, you can walk right out and enjoy the sand and surf at your leisure. Located

$237,500

0 beds1 bath448 sq ft

8618 Surf Dr #103, Panama City, FL 32408

Gulf-front condo • First-floor studio • Community pool

Property at 8231 S Lagoon Dr, Panama City, FL 32408, 3 beds, 3 baths

$514,000

3 beds3 baths1,945 sq ft

8231 S Lagoon Dr, Panama City, FL 32408

Property at 7205 Thomas Dr Unit E904, Panama City Beach, FL 32408, 2 beds, 2 baths

$545,000

2 beds2 baths1,286 sq ft

7205 Thomas Dr Unit E904, Panama City Beach, FL 32408

Property at 8610 Surf Dr #306, Panama City, FL 32408, 2 beds, 2 baths

$430,000

2 beds2 baths1,000 sq ft

8610 Surf Dr #306, Panama City, FL 32408

Property at 6505 Thomas Dr #910, Panama City, FL 32408, 2 beds, 2 baths

$414,000

2 beds2 baths1,015 sq ft

6505 Thomas Dr #910, Panama City, FL 32408

Property at 8730 Thomas Dr Unit 1203C, Panama City Beach, FL 32408, 1 bed, 1 bath

$182,000

1 bed1 bath623 sq ft

8730 Thomas Dr Unit 1203C, Panama City Beach, FL 32408

Property at 5323 Thomas Dr #25, Panama City, FL 32408, 1 bed, 1 bath

$220,000

1 bed1 bath425 sq ft

5323 Thomas Dr #25, Panama City, FL 32408

Property at 6627 Thomas Dr #301, Panama City, FL 32408, 3 beds, 3 baths

$1,590,000

3 beds3 baths2,274 sq ft

6627 Thomas Dr #301, Panama City, FL 32408

Property at 6505 Thomas Dr #905, Panama City, FL 32408, 2 beds, 2 baths

$359,000

2 beds2 baths1,075 sq ft

6505 Thomas Dr #905, Panama City, FL 32408

Property at 6505 Thomas Dr Unit 613C, Panama City, FL 32408, 2 beds, 2 baths

$439,000

2 beds2 baths1,015 sq ft

6505 Thomas Dr Unit 613C, Panama City, FL 32408

Property at 4109 Choctaw St, Panama City, FL 32408, 4 beds, 3.5 baths

$1,895,200

4 beds3.5 baths2,174 sq ft

4109 Choctaw St, Panama City, FL 32408

Property at 3924 Vicar St, Panama City, FL 32408, 3 beds, 2 baths

$434,000

3 beds2 baths1,768 sq ft

3924 Vicar St, Panama City, FL 32408

Property at 5900 Sunset Ave, Panama City, FL 32408, 4 beds, 2 baths

$485,000

4 beds2 baths1,680 sq ft

5900 Sunset Ave, Panama City, FL 32408

Property at 4112 Snapper St, Panama City, FL 32408, 6 beds, 7 baths

$1,600,000

6 beds7 baths4,116 sq ft

4112 Snapper St, Panama City, FL 32408

Property at 8730 S Thomas Dr Unit 213, Panama City, FL 32408, 3 beds, 2 baths

$338,000

3 beds2 baths1,062 sq ft

8730 S Thomas Dr Unit 213, Panama City, FL 32408

Property at 5524 Pinetree Ave, Panama City, FL 32408, 3 beds, 2 baths

$449,900

3 beds2 baths1,164 sq ft

5524 Pinetree Ave, Panama City, FL 32408

Property at 8730 Thomas Dr #113, Panama City, FL 32408, 2 beds, 2 baths

$299,900

2 beds2 baths1,062 sq ft

8730 Thomas Dr #113, Panama City, FL 32408

Property at 7900 S Lagoon Dr, Panama City, FL 32408, 4 beds, 3.5 baths

$950,000

4 beds3.5 baths2,400 sq ft

7900 S Lagoon Dr, Panama City, FL 32408

Property at 6505 Thomas 505 Dr Unit 505A, Panama City Beach, FL 32408, 2 beds, 2 baths

$482,000

2 beds2 baths1,074 sq ft

6505 Thomas 505 Dr Unit 505A, Panama City Beach, FL 32408

Property at 5004 Thomas Dr #1507, Panama City, FL 32408, 2 beds, 2 baths

$635,000

2 beds2 baths1,370 sq ft

5004 Thomas Dr #1507, Panama City, FL 32408

Property at 8601 Surf Dr Unit 6W, Panama City, FL 32408, 3 beds, 2 baths

$944,000

3 beds2 baths1,783 sq ft

8601 Surf Dr Unit 6W, Panama City, FL 32408

Property at 6829 Thomas Dr #418, Panama City Beach, FL 32408, 1 bed, 1 bath

$259,000

1 bed1 bath565 sq ft

6829 Thomas Dr #418, Panama City Beach, FL 32408

Property at 5004 Thomas Dr #1404, Panama City, FL 32408, 2 beds, 2 baths

$629,900

2 beds2 baths1,370 sq ft

5004 Thomas Dr #1404, Panama City, FL 32408

Property at 257 Venture Blvd, Panama City, FL 32408, 2 beds, 2 baths

$425,000

2 beds2 baths748 sq ft

257 Venture Blvd, Panama City, FL 32408

Property at 5801 Thomas 905 Dr #905, Panama City, FL 32408, 1 bed, 2 baths

$380,000

1 bed2 baths916 sq ft

5801 Thomas 905 Dr #905, Panama City, FL 32408

Property at 4715 Thomas Dr Unit 302B, Panama City, FL 32408, 1 bed, 2 baths

$399,000

1 bed2 baths750 sq ft

4715 Thomas Dr Unit 302B, Panama City, FL 32408

Property at 8730 Thomas Dr Unit 1201-B, Panama City, FL 32408, 1 bed, 1 bath

$225,000

1 bed1 bath840 sq ft

8730 Thomas Dr Unit 1201-B, Panama City, FL 32408

Property at 6505 Thomas Dr #909, Panama City, FL 32408, 2 beds, 2 baths

$445,000

2 beds2 baths1,015 sq ft

6505 Thomas Dr #909, Panama City, FL 32408

Property at 204 Bonita Cir Unit F, Panama City, FL 32408, 2 beds, 2 baths

$345,000

2 beds2 baths1,200 sq ft

204 Bonita Cir Unit F, Panama City, FL 32408

Property at 4011 Crescent Dr, Panama City, FL 32408, 3 beds, 2 baths

$485,000

3 beds2 baths1,200 sq ft

4011 Crescent Dr, Panama City, FL 32408

Property at 3922 Ocean View Dr, Panama City, FL 32408, 3 beds, 2 baths

$470,000

3 beds2 baths1,305 sq ft

3922 Ocean View Dr, Panama City, FL 32408

Property at 8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408, 1 bed, 1 bath

$189,000

1 bed1 bath623 sq ft

8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408

Property at 8205 Surf Dr, Panama City, FL 32408, 6 beds, 4.5 baths

$2,995,000

6 beds4.5 baths2,920 sq ft

8205 Surf Dr, Panama City, FL 32408

Property at 6627 Thomas 1402 Dr #1402, Panama City, FL 32408, 3 beds, 2 baths

$829,000

3 beds2 baths1,636 sq ft

6627 Thomas 1402 Dr #1402, Panama City, FL 32408

Property at 219 Squid Ln, Panama City, FL 32408, 3 beds, 2.5 baths

$529,000

3 beds2.5 baths1,104 sq ft

219 Squid Ln, Panama City, FL 32408

Property at 5801 Thomas Dr #601, Panama City, FL 32408, 3 beds, 2 baths

$589,000

3 beds2 baths1,560 sq ft

5801 Thomas Dr #601, Panama City, FL 32408

Property at 6205 Thomas Dr Unit 10E, Panama City, FL 32408, 1 bed, 1 bath

$245,000

1 bed1 bath790 sq ft

6205 Thomas Dr Unit 10E, Panama City, FL 32408

Viewing page 5 of 7

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%

See more Lower Grand Lagoon, FL market insights

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