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    8929 N Lagoon Drive Panama City, FL 32408

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    For Sale
    $1,250,000

    Prime commercial corner lot with waterfront and high traffic.

    Type:Land or Vacant Lot
    Lot size:
    0.98 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    100
    Last Refresh:
    Apr 5 at 9:39 pm

    Property Features for 8929 N Lagoon Drive

    General Information

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

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    Listing Contact
    BETSY B ANDERSON

    Listing agent BETSY B ANDERSON

    Listing office MIRACLE STRIP REALTY

    Listing date Jan 23, 2026

    Source Corcoran

    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 MIRACLE STRIP REALTY


    Overview

    Commercial Corner Lot on Lagoon

    This prime commercial corner lot is located at the intersection of Joan Avenue and North Lagoon Drive. The property features frontage on both Joan Avenue and North Lagoon Drive, offering excellent exposure to heavy tourist traffic. A billboard sign on the property will convey with the sale. The zoning is General Commercial C-3, with allowable uses detailed in chapter 6 of baycountyfl.gov. The property is located in the beaches special area treatment zone. It is in close proximity to tourist attractions, amusements, boat and jet ski rentals, Signal Hill golf course, marinas, fine dining, bars, shopping, the Navy Base, resorts, vacation rentals, fishing and charter boats, boat storage and slip rentals, and the beaches of Thomas Drive. The property includes over 100 feet of waterfront on Grand Lagoon, with a scenic estuary and a small canal on the East boundary separating the lot from the residential area on North Lagoon Drive. The location benefits from good traffic flow year-round and is situated at a four-way stop with a traffic light. It features approximately 370 feet of frontage on Joan Avenue and North Lagoon Drive, and approximately 103 feet of waterfront on Grand Lagoon.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.7893
    Latitude
    30.1717

    FAQs

    What type of property is this?
    Commercial land - Prime commercial corner lot with waterfront and high traffic.
    Where is this commercial land located?
    The property is located at 8929 N Lagoon Drive Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime commercial corner location with frontage on Joan and North Lagoon Drive; Waterfront property with **103 +/- feet on Grand Lagoon**; General Commercial C‑3 zoning allows for a wide range of uses
    More about this property
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