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Prime Lot in Panama City
For Sale
$325,000

8620 N Lagoon Drive, Panama City Beach, FL 32408

LAND - Panama City Beach, FL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market161

Property Features for 8620 N Lagoon Drive

General Information

Property type Land
Property subtype Other
Subdivision Grand Lagoon Shores 5
Lot features Paved
Elementary school Breakfast Point
Middle school Breakfast Point
High school Arnold
Directions East on Back Beach Road, Right on Alison Ave, Left onto N Lagoon Dr, Left onto Grand Lagoon Shores Drive. Lot will be on your left
Standard status Active
APN 30188-055-000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GRAND LAGOON SHORES UNIT 5 LOT 1 BLK E ORB 4624 P 54
Tax Annual Amount 1084
Legal Description GRAND LAGOON SHORES UNIT 5 LOT 1 BLK E ORB 4624 P 54

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Realty Emerald
Listed By: Carole Lea Gilman · License #3086106
Added: Mar 20 Changed: May 14 Last Checked: Aug 27 at 6:06PM
MLS# 787251

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.

Investment Insights

Based on property information with market context.

Located in the desirable North Lagoon Drive area of Panama City Beach, this .26-acre parcel presents an opportunity to build a custom coastal home. The property's location allows for potential water views from a two-story design. Beach access, shopping, dining, golf courses, and the entertainment options at Pier Park are all within minutes of the property. The PCB Navy Base and St. Andrews State Park are also easily accessible. Marinas and boat launches are located within 2 miles, providing convenient bay access for boating. As one of the last remaining lots in this subdivision, the property benefits from no HOA and is situated in Flood Zone X. Multifamily construction is not permitted. The property is intended for residential use.

Key Highlights

  • Prime Location: Highly desirable North Lagoon Drive area of Panama City Beach, offering potential water views from a two‑story home.
  • Convenient Access: Minutes from beach access, shopping, dining, Pier Park entertainment, PCB Navy Base, and St. Andrews State Park.
  • Boating Paradise: Within 2 miles of marinas and boat launches for quick bay access.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Pharmacy Dental Office Bakery (Bike/Boat/Book/etc) Store Law Firm

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

414
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Spacious lot near beach, shopping, and bay access.
Where is this residential land & home lot located?
The property is located at 8620 N Lagoon Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime Location: Highly desirable North Lagoon Drive area of Panama City Beach, offering potential water views from a two‑story home.; Convenient Access: Minutes from beach access, shopping, dining, Pier Park entertainment, PCB Navy Base, and St. Andrews State Park.; Boating Paradise: Within 2 miles of marinas and boat launches for quick bay access.
More about this property
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