Waterfront Multifamily Property with Boat
6722 S Lagoon Drive, Panama City, FL 32408
New
MULTI_FAMILY - Panama City, FL
Property size:
2,720 SFLot size:
0.25 AcresPrice / SF:
$435/SF- Added:
- May 18, 2026
- Days on Market:
- 4
- Last Refresh:
- May 21 at 1:06 pm
Property Features for 6722 S Lagoon Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 1
- Patio and Porch features
- Deck, Patio
- 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
- Ductless (Heating), Central
- Cooling system
- Central Air, Ductless
- Water front features
- Seawall, Lagoon
- Water front
- 1
Building Details
- Year built
- 1981
- Building materials
- HardiplankType
- Roof type
- Metal
Listing agent Heather Fox License #SL3392228 (850) 541-5774
Listing office Beachy Beach Real Estate 213 Harrison Avenue, Panama City Beach, FL (850) 532-6262
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
- Waterfront property with two boat slips and a boat lift.
- 3‑in‑1 property featuring a 3‑bedroom main residence and two separate 1‑bedroom units.
- Completely updated and remodeled with new modern interior design (2020), Hardie board exterior (2022), roof, windows, and doors (2019).
- Furnished waterfront 1‑bedroom apartment with a covered deck overlooking the lagoon.
- Open concept main residence with a wraparound balcony offering water views.
- Potential for short‑term or long‑term rental income, multi‑generational living, or house hacking.
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
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.767243
- Latitude
- 30.157402
Nearby Similar for Sale
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: Waterfront property with **two boat slips and a boat lift**.; 3‑in‑1 property featuring a 3‑bedroom main residence and two separate 1‑bedroom units.; Completely updated and remodeled with new modern interior design (2020), Hardie board exterior (2022), roof, windows, and doors (2019).
