Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Multifamily Property with Boat Slips Title is generated by Realmo AI

    6722 S Lagoon Drive, Panama City, FL 32408

    View on Map
    Claim this Listing
    For Sale
    $1,185,000

    MULTI_FAMILY - Panama City, FL

    Property size:
    2,720 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $435/SF
    Added:
    May 18, 2026
    Days on Market:
    51
    Last Refresh:
    Jul 7 at 3:06 pm

    Property Features for 6722 S Lagoon Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    5
    Rooms
    Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 5, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2
    Patio and Porch features
    Deck, Patio
    Interior features
    ShowerOnly, UpperLevelPrimary, WalkInClosets
    Exterior features
    BoatLift, BoatSlip, BoatRamp, CoveredPatio
    Accessibility
    Accessible Approach with Ramp
    Appliances
    ElectricRange
    Standard status
    Active
    APN
    30619-000-000
    Size
    2,720 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    HOLIDAY BEACH UNIT #1 LOT 44 BLK A ORB 4329 P 892
    Tax Annual Amount
    7993

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air, Ductless
    Water front features
    Seawall, Lagoon
    Water front
    1

    Building Details

    Year built
    1981
    Building materials
    HardiplankType
    Roof type
    Metal

    We can help!

    Contact an agent
    Heather Fox

    Listing agent Heather Fox License #SL3392228

    Listing office Beachy Beach Real Estate 213 Harrison Avenue, Panama City Beach, FL

    Listing date May 18, 2026

    MLS# 790039 Listing URL

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • S Lagoon waterfront 3‑in‑1 property with lagoon setting, seawall, and accessible approach with ramp
    • Boating amenities include 2 boat slips, boat lift, and boat ramp
    • Main upstairs furnished dwelling offers 3 bedrooms and 2.5 baths with a three‑quarter wraparound balcony
    • Two separate 1‑bedroom units on the main level: one waterfront with covered deck and one street‑side unit
    • Updates include remodeled interior design (2020), Hardie board exterior (2022), and roof/windows/doors updated (2019)
    • Metal roof with central HVAC plus ductless heating and cooling; electric range included

    Overview

    This updated multifamily property is located on the waterfront and offers investment potential, lifestyle, and flexibility. The property includes two boat slips and a boat lift. The main upstairs furnished dwelling features 3 bedrooms and 2.5 baths, with a wraparound balcony. The property was updated and remodeled in 2020 with modern interior design, Hardie board exterior in 2022, plus roof, windows, and doors updated in 2019. The open concept living area offers lagoon views. 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. The second 1-bedroom unit is located street side. Situated on a 0.25-acre lot, this property offers versatility and updated design. The property is suitable for short-term or long-term rental income, multi-generational living, or as a waterfront primary residence with income-producing units. The property size is 2720 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Hair Salon Law Firm Cafe & Coffee Shop Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.767243
    Latitude
    30.157402

    Nearby Similar for Sale

    • $2,500,000
      11,171 SF

      Versatile Commercial Property in Panama City

      Showroom, warehouse, and office space in a strategic location.
      1331 Harrison Avenue, Panama City, FL 32401
      View Details
    • $1,500,000
      9,050 SF

      Three-Building Flex and Industrial Campus

      A 9,000+ SF heated, multi-office flex campus with gated storage, abundant parking, and room to scale for growing operations.
      2901 W 17th Street, Panama City, FL 32405
      View Details
    • $349,900
      2,768 SF

      Veterinary Clinic Facility

      Well-appointed veterinary clinic with multiple exam and support rooms, designed for animal care and professional office use.
      247 N Highway 22 A, Panama City, FL 32404
      View Details
    • $775,000
      1,708 SF

      Historic Panama City Mixed-Use Property

      Custom property on a large lot, suitable for multiple commercial uses.
      854 Magnolia Avenue, Panama City, FL 32401
      View Details
    • $724,000
      5,222 SF

      Six-Unit Income Producing Property

      Turnkey six-unit rental portfolio on a corner lot with recently remodeled interiors and newer roof improvements.
      119 College Avenue, Panama City, FL 32401
      View Details
    • $959,900
      5,026 SF

      Panama City Commercial Corner Parcel

      Large commercial parcel on a main corridor to the beaches.
      1040 W 15th Street, Panama City, FL 32401
      View Details
    • $724,000
      5,222 SF

      Income-Producing Multi-Family Panama City

      Six rental units generating over $82,000 in gross annual income.
      119 College Avenue, Panama City, FL 32401
      View Details
    • $595,000
      3,375 SF

      Auto Shop with Service Bays

      Move-in ready auto shop with service bays, office space, and substantial frontage for everyday commercial visibility.
      1900 N East Avenue, Panama City, FL 32405
      View Details
    • $385,000
      1,674 SF

      Updated Office Building with Privacy Fence

      Move-in-ready office building with a reception lobby, multiple private rooms, kitchenette, and fenced outdoor area.
      316 W 11th Street, Panama City, FL 32401
      View Details
    • $650,000
      3,100 SF

      Versatile Commercial Building Near Downtown

      Spacious commercial building near downtown with 10 bedrooms and 8 baths.
      722 N Martin Luther King Junior Boulevard, Panama City, FL 32401
      View Details
    • $2,230,000
      5,156 SF

      Turnkey Vacation Rental Duplex

      Brand-new duplex designed for vacation rentals, with private pools and furnishings ready for short- or long-term operations.
      5237 Thomas Drive, Panama City, FL 32408
      View Details
    • $1,490,000

      Prime Commercial Panama City Location

      Office, retail, or restaurant opportunity in Panama City Beach.
      2209 Thomas Dr, Panama City, FL 32408
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Updated waterfront multifamily property in Panama City with income potential.
    Where is this multifamily property located?
    The property is located at 6722 S Lagoon Drive Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,185,000.
    What are key features of this property?
    This property features: S Lagoon waterfront 3‑in‑1 property with lagoon setting, seawall, and accessible approach with ramp; Boating amenities include 2 boat slips, boat lift, and boat ramp; Main upstairs furnished dwelling offers 3 bedrooms and 2.5 baths with a three‑quarter wraparound balcony
    (850) 541-5774
    We can help!
    Contact an agent
    Heather Fox
    Real Estate License ID: SL3392228
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6722 S Lagoon Drive, Panama City, FL 32408
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!