Double Waterfront Lot with Gulf
For Sale
$1,200,000
7122 S Lagoon Drive, Panama City Beach, FL 32408
Two-lot waterfront parcel with deep-water frontage and existing dock facilities, offering flexibility for redevelopment or a custom build.
Property SizeContact for details
Days on Market56
Property Features for 7122 S Lagoon Drive
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$13,142
Listing Agency:
BEACH HOUSE SALES AND DEVELOPMENT
(256) 566-5482
Listed By:
BETH MULVEY · License #3390217
Source:
Corcoran
Added: Jun 16
Changed: Aug 8
Last Checked: Jul 16 at 7:30AM
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 BEACH HOUSE SALES AND DEVELOPMENT
Investment Insights
Based on property information with market context.
This offering consists of two lots totaling a double waterfront parcel with approximately 100 feet of deep-water frontage on South Lagoon, along with direct Gulf access. An existing residence is on-site, and the property includes an existing boat dock and boathouse with an electric lift. The buyer is responsible for home demolition, and the listing indicates that, per the county, the existing residence may be removed and the lots split.
The property is positioned on South Lagoon, where the deep-water frontage supports a range of boating needs. With Gulf access and on-site docking improvements already in place, the land is presented as a redevelopment-focused opportunity where the value is primarily in the waterfront configuration.
For buyers, investors, or builders, the two-lot layout and stated ability to split the lots provide options for renovation, rebuilding, or redevelopment. The presence of the dock and boathouse infrastructure can support immediate continuity of waterfront use while the buyer plans the next phase. This is a practical fit for those seeking a custom waterfront estate or a land-driven development plan with boating access already established.
The property is positioned on South Lagoon, where the deep-water frontage supports a range of boating needs. With Gulf access and on-site docking improvements already in place, the land is presented as a redevelopment-focused opportunity where the value is primarily in the waterfront configuration.
For buyers, investors, or builders, the two-lot layout and stated ability to split the lots provide options for renovation, rebuilding, or redevelopment. The presence of the dock and boathouse infrastructure can support immediate continuity of waterfront use while the buyer plans the next phase. This is a practical fit for those seeking a custom waterfront estate or a land-driven development plan with boating access already established.
Key Highlights
- Two‑lot waterfront parcel on South Lagoon with approximately 100 feet of deep‑water frontage and Gulf access
- Existing boat dock and boathouse with electric lift
- Deep‑water access suitable for a variety of boating needs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Two-lot waterfront parcel with deep-water frontage and existing dock facilities, offering flexibility for redevelopment or a custom build.
Where is this waterfront land located?
The property is located at 7122 S Lagoon Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑lot waterfront parcel on South Lagoon with approximately 100 feet of deep‑water frontage and Gulf access; Existing boat dock and boathouse with electric lift; Deep‑water access suitable for a variety of boating needs
