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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 Market1103

Property Features for 9129 N Lagoon Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Resort, Multi-Family, Resid Multi-Family, Commercial
Subdivision [No Recorded Subdiv]
Directions Front Beach south on Joan Ave. Take right onto North Lagoon Drive.
Standard status Active
APN 30185-005-000
Lot size 7.00 Acres

Taxes and HOA fees

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
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

Utilities

Sewer type Public Sewer
Listing Agency: Counts Real Estate Group Inc
Listed By: Cory E Herrman · License #3285407
Added: Aug 28, 2023 Changed: Sep 3 Last Checked: Sep 3 at 9:06PM
MLS# 746124

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 in Panama City Beach and includes public sewer service. The property is designated for Commercial High Intensity use within the Tourist District, providing a defined framework for future development. Conceptual renderings, topographic information, and a boundary survey are available.

The site extends along almost 900 feet of North Lagoon and is less than 1500 feet from the beach. It is positioned across from Signal Hill Golf Course at 9129 N Lagoon Drive. Based on the existing development parameters, the property can accommodate up to 200 hotel rooms or 74 townhome units.

Key Highlights

  • 7‑acre commercial land tract in Panama City Beach
  • 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 - Commercial High Intensity-zoned land in the Tourist District with public sewer and proximity to the beach.
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‑acre commercial land tract in Panama City Beach; Almost 900 feet along North Lagoon; Less than 1500 feet to the beach
More about this property
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