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Waterfront Commercial Land
For Sale
$6,500,000

9129 N Lagoon Drive, Panama City Beach, FL 32408

Land, Panama City Beach, FL

Property SizeContact for details
Lot Size7.00 Acres
Days on Market1107

Property Features for 9129 N Lagoon Drive

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Subdivision [No Recorded Subdiv]
Elementary school Breakfast Point
Middle school Breakfast Point
High school Arnold
Directions Hwy 98 to Joan Ave head south. Take right onto North Lagoon Drive.
Standard status Active
APN 30185-005-000
Lot size 7.00 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description 6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015
Tax Annual Amount 5963
Legal Description 6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015
Listing Agency: Counts Real Estate Group Inc
Listed By: Cory E Herrman · License #3285407
Added: Aug 28, 2023 Changed: Sep 3 Last Checked: Sep 7 at 11:06AM
MLS# 746125

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.

This 7-acre commercial land tract fronts North Lagoon and is positioned across from Signal Hill Golf Course. The site is classified within the Tourist District and carries Commercial High Intensity zoning, supporting a range of development planning considerations.

The property extends almost 900 feet along North Lagoon and lies less than 1500 feet from the beach. Development capacity identified for the tract includes up to 200 hotel rooms or 74 townhome units. Conceptual renderings are available, with topographical and boundary surveys on file.

Key Highlights

  • 7 acres of commercial land in the Tourist District
  • Almost 900 feet along North Lagoon
  • Less than 1500 feet to the beach

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Building Supply Carpet & Flooring Store Gym & Fitness Center

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

627
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?
Commercial land - Tourist District parcel with Commercial High Intensity zoning and lagoon frontage.
Where is this commercial land located?
The property is located at 9129 N Lagoon Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 7 acres of commercial land in the Tourist District; Almost 900 feet along North Lagoon; Less than 1500 feet to the beach
More about this property
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