22 days on rocket

5408 Lagoon Way Unit 5, Panama City, FL, 32408

$299,900

Home List Price

$3,561*

Closing Credit

2 Bedrooms
1 Full Bath
750 SqFt
$400/SqFt
House

Location

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5408 Lagoon Way Unit 5, Panama City$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1983
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #765605
Lot Size0.59 Acres
StatusActive

About 5408 Lagoon Way Unit 5

Beautifully located between the Beach and Lagoon. This 2-bedroom beach cottage has been completely updated. Improvements include, new Hardie siding; new deck; new interior & exterior doors; cabinetry, granite countertops, and tile backsplash; tile walk-in shower; stainless appliances; washer/dryer; light fixtures...nothing overlooked!Ready for your personal touches to become a great beach getaway or rental. Perfect location, near Beach, Lagon, marinas, Navy base, Hathaway Bridge. No HOA!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1983
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Re/Max By The Sea

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Electric Range, Ice Maker, Refrigerator
  • Interior: High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Lagoon Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $400/SqFt
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5408 Lagoon Way Unit 5 vs Panama City

22 DAYS ON ROCKET

-57 Days

$299,900

-$39.3K Less

$400/SqFt

+$199 More

KEY TAKEAWAY

This property is $39.3K less than the Median Sold Price and $199/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #765605

Listing Office:

  • Office Name: Re/Max By The Sea

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-936672
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-936673
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.70 miles

  • Public District Grades PK-5

school-card-donut-936674
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5408 Lagoon Way Unit 5

What is the listing price of this property?

The listing price of 5408 Lagoon Way Unit 5 property is $299,900.

What type of property is this?

The property 5408 Lagoon Way Unit 5 is a house located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5408 Lagoon Way Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5408 Lagoon Way Unit 5 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5408 Lagoon Way Unit 5 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5408 Lagoon Way Unit 5 is 1983.

Rocket Homes›Florida›Bay County›Panama City›32408›5408 Lagoon Way Unit 5

This home is located at 5408 Lagoon Way Unit 5 in Panama City, FL and zip code 32408 in the Biltmore Beach neighborhood. This 750 square foot home, which was built in 1983, sits on a 0.59 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $299,900.

Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024 median list price was $339,223 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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