11 days on rocket

7231 S Lagoon Dr, Panama City Beach, FL, 32408

$364,900

Home List Price

$4,333*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,280 SqFt
$285/SqFt
Townhouse

Location

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7231 S Lagoon Dr, Panama City$364,900

Buyer Closing Credits

$4,333*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAdditional Parking, Boat, Carport, Driveway, Gated, RV Access/Parking
Year Built1983
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewLagoon
MLS #765999
Lot Size0.09 Acres
StatusActive

About 7231 S Lagoon Dr

Just a few blocks from the Safari Street public boat ramp and located across the street from the lagoon, this established short-term rental unit offers the perfect combination of coastal living and convenience. Situated only 3 blocks from the sugar sands of Panama City Beach and Rick Seltzer Park, this fully furnished, turnkey property comfortably accommodates up to 8 guests. The layout includes 2 private suites and bunk beds downstairs, while the upstairs features an open-concept living area with a fully equipped kitchen, laundry, and a half bathroom. The extended, enclosed balcony provides peaceful lagoon views, creating an ideal space for relaxation.The backyard is designed for gatherings and outdoor fun, complete with a BBQ hangout area, space for sun lounging, and an outdoor shower to rinse off after a day at the beach. Two bicycles are also included, making it easy to explore the charming neighborhood and nearby attractions. The side yard features a gated area for boat or extra vehicle parking, perfect for water enthusiasts.Set in a quiet area near Panama City Beach's best restaurants and attractions, this property has no HOA restrictions. Whether you're seeking a profitable rental investment or a personal coastal retreat, this home is an exceptional find.All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 1,280 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Kitchen Island, Entrance Foyer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Lagoon
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Boat, Carport, Driveway, Gated, RV Access/Parking

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From S Thomas drive, pass Rick Seltzer Park, left on Walnut, right on Sunset Av,left on Vega, left on S. Lagoon Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,900
  • Price Per SqFt: $285/SqFt

Tax Information:

  • Annual Amount: $1,619
  • Tax Year: 2020
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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

7231 S Lagoon Dr vs Panama City

11 DAYS ON ROCKET

-68 Days

$364,900

+$25.6K More

$285/SqFt

+$84 More

KEY TAKEAWAY

This property is $25.6K more than the Median Sold Price and $84/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: #765999

Listing Office:

  • Office Name: Coldwell Banker Realty

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, 1:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2021Home Sold
$377,000
Jun 08, 2020Home Sold
$210,000
Feb 16, 2016Home Sold
$143,000
Sep 18, 2013Home Sold
$60,000
Apr 05, 2005Home Sold
$195,000
Apr 10, 2001Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,619$129,817
2018$1,043$122,909
2017$1,023$120,381

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,160

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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-714642
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-714643
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.28 miles

  • Public District Grades PK-5

school-card-donut-714644
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7231 S Lagoon Dr

What is the listing price of this property?

The listing price of 7231 S Lagoon Dr property is $364,900.

What type of property is this?

The property 7231 S Lagoon Dr is a townhouse located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7231 S Lagoon Dr 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 $1,619 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 10, 2021 for $377,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7231 S Lagoon Dr has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7231 S Lagoon Dr is 1,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7231 S Lagoon Dr is 1983.

Rocket Homes›Florida›Bay County›Panama City›32408›7231 S Lagoon Dr

This home is located at 7231 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Holiday Beach neighborhood. This 1,280 square foot home, which was built in 1983, sits on a 0.09 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $364,900.

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. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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