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5421 Lagoon Way, Panama City Beach, FL, 32408

$214,900

0.14 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #960578
Lot Size0.14 Acres
StatusActive

About 5421 Lagoon Way

Great vacant lot just off of Thomas Dr that allows for a single family home or duplex and short term rentals are permitted. What a location: 2000 feet from the sandy beach and the Gulf of Mexico, 2 public boat ramps nearby and short drive to St Andrews State Park. Close proximity to restaurants, entertainment, and shopping.

Property Details

Property Features

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: From the intersection of Hwy 98 and North Thomas Drive: Head South on Thomas Drive 3.8 miles, Turn right on Biltmore Dr, Turn right on Lagoon Way, lot will be on the right in 300 feet.

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900

Tax Information:

  • Annual Amount: $595
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5421 Lagoon Way vs Panama City

45 DAYS ON ROCKET

-32 Days

$214,900

-$124.5K Less

KEY TAKEAWAY

This property is $124.5K less than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #960578

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/21/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$595$63,847
2018$437$28,567
2017$327$25,970

History based on county public records data.

Payment Calculator

$1,140

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-481347
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-481348
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.74 miles

  • Public District Grades PK-5

school-card-donut-481349
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.06 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. Most Panama City, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5421 Lagoon Way

What is the listing price of this property?

The listing price of 5421 Lagoon Way property is $214,900.

What type of property is this?

The property 5421 Lagoon Way is land located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5421 Lagoon Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $595 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5421 Lagoon Way is 0.14 acres.
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Rocket HomesFloridaBay CountyPanama City324085421 Lagoon Way

This home is located at 5421 Lagoon Way in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $214,900.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. In October 2024 median list price was $339,477 and the average listing age was 77 days.

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

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