Search
Waterfront Lot in South Lagoon
For Sale
$295,000

5733 S Lagoon Drive, Panama City Beach, FL 32408

Premier building lot in Panama City Beach's South Lagoon neighborhood.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market155

Property Features for 5733 S Lagoon Drive

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,196
Listing Agency: COASTAL REAL ESTATE GROUP, INC
Listed By: JOAN C ALTENPOHL
Source: Corcoran
Added: Mar 8 Changed: Aug 8 Last Checked: Jul 15 at 9:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COASTAL REAL ESTATE GROUP, INC

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to own a building lot in the South Lagoon neighborhood of Panama City Beach. Suited for developers, builders, or those looking to construct a custom waterfront home, the lot is located within walking distance of two public lagoon accesses and the Dolphin Drive boat ramp with dock, making it suitable for boating. Situated directly on S. Lagoon Drive, the property offers water views and is located in a golf cart-friendly area. It is positioned blocks from Gulf beaches, restaurants, bars, and Panama City Beach attractions, and a short drive from St. Andrews State Park and the Navy Support Center. This location offers coastal living with access to Panama City Beach amenities.

Key Highlights

  • Premier building lot in the sought‑after South Lagoon neighborhood.
  • Walking distance to two public lagoon accesses and the Dolphin Drive boat ramp with dock.
  • Located directly on S. Lagoon Drive with water glimpses and golf cart‑friendly access.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Building Supply Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Premier building lot in Panama City Beach's South Lagoon neighborhood.
Where is this waterfront land located?
The property is located at 5733 S Lagoon Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Premier building lot in the sought‑after South Lagoon neighborhood.; Walking distance to two public lagoon accesses and the Dolphin Drive boat ramp with dock.; Located directly on S. Lagoon Drive with water glimpses and golf cart‑friendly access.
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