$4,032 Closing Credit¹
#960088, Blankenship Watkins Advisory Group, Listing Office: Christies International Real Estate Emerald Coast
$998,000 List price
109 Granger Ln Panama City Beach, FL 32413
$10,000
Closing credit¹
4 beds
4 full
2,738 sqft
0.2 acres
$365 / sqft
Townhouse
Property details
About 109 Granger Ln
Located just a half-block from the beach and backing up to a peaceful lake, this multi-unit property on the desirable west end of Laguna Beach offers exceptional flexibility and investment potential. Fully furnished, turnkey, and situated on an oversized lot with no HOA, its currently configured as a duplex—one side sleeping nine and the other twelve—but features interior lockout doors, upstairs kitchenettes, and dual laundry setups that allow for an easy transition to a tri- or quadplex if desired. With rental projections reaching up to $122,000 annually, this property is well-suited for both short- and long-term income strategies. Live in one unit and rent the others, operate as a multi-family vacation rental, or convert to long-term leases for steady returns. Theres also ample space to add a pool, enhancing guest appeal and value. In a golf cart-friendly neighborhood just steps from beach access, this lakefront home offers an ideal blend of lifestyle and income opportunity on one of the most sought-after stretches of Panama City Beach.
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Size2,738 sqft
Lot size0.23 Acres
Year built1983
MLS #974259
WaterfrontLake Front
ViewLake
Summary
- MLS Number: 974259
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Scenic Sothebys International Realty
- Office Phone: (850) 231-6052
- Office Email: blake@scenicsir.com
- Listing Agent: Leslie A Miller, David Miller
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 2025. 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: 4/23/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$998,000
109 Granger Ln
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2022 | Home Sold | $805,000 |
| Sep 01, 2021 | Home Sold | $695,000 |
| Jun 15, 2015 | Home Sold | $295,000 |
| Apr 14, 2004 | Home Sold | $440,000 |
| Jul 09, 1999 | Home Sold | $148,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $689,169 | $8,656 |
| 2022 | $613,129 | $7,131 |
| 2021 | $307,337 | $7,131 |
| 2020 | $275,396 | $3,471 |
| 2018 | $250,122 | $3,210 |
| 2017 | $248,520 | $3,211 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
5.6 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
6.9 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
11.7 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,286. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
39%
35k-100k
18%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
PGA/LPGA
Where do the neighbors shop?
Kmart
Dollar General
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Dominos Pizza
What do the neighbors drive?
Buick
Ram
Lincoln
What do the neighbors listen to?
Oldies
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 109 Granger Ln
This home is located at 109 Granger Ln in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 2,738 square foot home, which was built in 1983, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $998,000.
In March 2025 more than 3 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 110 were sold below. The number of listings in Panama City Beach, FL increased by 11.2% between February and March 2025. In March 2025, listings were on the market for 110 days. During the same period, the median list price in this real estate market was $443,097.
From Rocket Homes Real Estate and based on county public records data.