15 days on rocket

5701 S Lagoon Dr, Panama City, FL, 32408

$529,000

Home List Price

$6,282*

Closing Credit

3 Bedrooms
2 Full Baths
2,292 SqFt
$231/SqFt
House

Location

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5701 S Lagoon Dr, Panama City$529,000

Buyer Closing Credits

$6,282*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1983
CoolingCentral Air, Ceiling Fan(s)
MLS #765740
Lot Size0.15 Acres
StatusActive

About 5701 S Lagoon Dr

This beautifully updated 3-bedroom, 2-bathroom home is just a quick golf cart ride from the sandy shores, making it perfect as a primary residence or an incredible vacation rental. Its prime location offers easy access to local attractions, shopping, and dining, while the thoughtfully designed split floor plan ensures privacy and comfortable living.In 2022, this home underwent significant updates, including brand-new tile flooring throughout, enhancing its modern, low-maintenance appeal. The kitchen features granite countertops, custom cabinetry, and newer appliances, including a brand-new dishwasher installed in 2024.The electrical work, completed in 2022 by a licensed electrican, adds incredible value. A 100-amp subpanel powers the spacious storage building, offering the potential to convert it into a fully functional apartment. Additionally, wiring for a pool has already been completed, saving the next owner up to $10,000 in future installation costs.The home's ductwork was also updated in 2022, ensuring efficient cooling and heating. The cabana, equipped with a new AC unit installed this year, offers an extra living space ideal for guests, a home office, or even a cozy entertainment area.The spacious backyard has room for a pool, and existing plans can be provided to help you bring your vision to life. Plus, with a large utility room and a 2-car garage, you'll have all the storage you need.This is a rare opportunity to own a meticulously maintained home that blends coastal convenience with modern upgrades. Don't miss out--schedule your private tour today

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1983
  • Living Area: 2,292 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Hwy 98 and Thomas Drive, go 3.2 miles. Turn right on Trelawny Ave. Take first right onto Treasure Circle. Take next right onto Hilltop Ave. Turn right onto Mystic Street. Take first right onto South Lagoon Dr. - 5701 South Lagoon Dr. will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,000
  • Price Per SqFt: $231/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

5701 S Lagoon Dr vs Panama City

15 DAYS ON ROCKET

-64 Days

$529,000

+$189.7K More

$231/SqFt

+$30 More

KEY TAKEAWAY

This property is $189.7K more than the Median Sold Price and $30/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: #765740

Listing Office:

  • Office Name: Beachy Beach Real Estate

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: 12/21/2024, 11:20:59 PM 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

$2,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,652

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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-812040
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-812041
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.75 miles

  • Public District Grades PK-5

school-card-donut-812042
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.12 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 $42,841. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5701 S Lagoon Dr

What is the listing price of this property?

The listing price of 5701 S Lagoon Dr property is $529,000.

What type of property is this?

The property 5701 S Lagoon Dr is a house located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5701 S Lagoon Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5701 S Lagoon Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5701 S Lagoon Dr is 2,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5701 S Lagoon Dr is 1983.

Rocket Homes›Florida›Bay County›Panama City›32408›5701 S Lagoon Dr

This home is located at 5701 S Lagoon Dr in Panama City, FL and zip code 32408 in the Biltmore Beach neighborhood. This 2,292 square foot home, which was built in 1983, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $529,000.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.

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

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