#765205, Listing office: Berkshire Hathaway HomeServices Beach Properties of Florida
Property details
About 127 E Lakeshore Dr
Rare oversized lot just one block from the beach in the heart of Laguna Beach.This exceptional homesite offers a unique opportunity to build your dream coastal retreat or create a multi-home investment in one of Panama City Beach's most beloved neighborhoods. Located just steps from a dedicated beach access, the lot boasts ample space to accommodate a spacious legacy home with Gulf views, or can be subdivided to maximize its development potential. With its generous dimensions and ideal elevation, the property is perfectly suited for a custom-designed residence that captures the beauty of the Emerald Coast. Imagine relaxing on a rooftop deck with panoramic Gulf views, or enjoying breezy afternoons in a backyard built for entertaining--all just moments from the sugar-white sands. The neighborhood is home to a mix of charming beach cottages and newly built multi-million dollar homes, underscoring the long-term value and desirability of this location. Tucked into the peaceful, golf-cart-friendly community of Laguna Beach, you'll enjoy a relaxed, Old Florida atmosphere with no HOA restrictions and a true neighborhood feel. Just a short drive away is the vibrant town center of Pier Park, offering shopping, dining, and entertainment, while the world-class beaches, restaurants, and boutiques of Scenic 30A are also within easy reach. Whether you're looking to build a full-time residence, vacation getaway, or explore a smart development play, this rare lot offers endless potential in a rapidly appreciating, Gulf-side setting.
Highlights
Home typeResidential
StatusActive
Lot size0.31 Acres
MLS #776195
ViewGulf
Summary
- View: Gulf
- List Price: $900,000
- Annual Tax Amount: $1,920
- Tax Year: 2023
- Directions: Heading east on Front Beach Road, Lakeshore Drive is on the left, just past Carousel's.
- Lot Size: 0.31 Acres
- MLS Number: 776195
- MLS Name: BCAR
- Office Name: Scenic Sotheby's International Realty
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© 2025 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: 7/20/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 21, 2015 | Home Sold | $250,000 |
| Dec 31, 2014 | Home Sold | $140,000 |
| Sep 26, 2005 | Home Sold | $347,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $150,396 | $1,920 |
| 2022 | $144,627 | $1,712 |
| 2021 | $135,441 | $1,712 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
5.0 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
5.8 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
10.6 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 $22,148. Typical income of Panama City Beach, FL residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
66%
<35k
24%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
NASCAR
Where do the neighbors shop?
Kmart
Family Dollar
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Sonic
What do the neighbors drive?
Buick
Ford
Oldsmobile
What do the neighbors listen to?
Oldies
New Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
#775624, Listing office: CENTURY 21 Commander Realty
#775385, Listing office: Compass Florida, LLC
#979502, Nyda Faith, Listing office: Compass
#768116, Listing office: Coldwell Banker Realty
#974638, Wheeler Sauls Collective, Listing office: Salty Marlin Realty
#768314, Listing office: Sun Sand & Sea Beach Realty LLC
#771304, Listing office: Think Real Estate
#975085, Renee M Ryan, Jim Ryan, Listing office: Christies International Real Estate Emerald Coast
#772507, Listing office: Beachy Beach Real Estate
Frequently asked questions
About 127 E Lakeshore Dr
The listing price of 127 E Lakeshore Dr property is $900,000.
The property 127 E Lakeshore Dr is land located in Panama City Beach, Florida, 32413.
Active Listing: 127 E Lakeshore Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 127 E Lakeshore Dr are: West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), Emerald Coast Middle School (GreatSchools Rating 6/10), J.R. Arnold High School (GreatSchools Rating 5/10), Seaside Neighborhood School (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,920 (source: MLS/based on county public records data).
The last sale was on July 21, 2015 for $250,000 (source: MLS/tax record).
The property 127 E Lakeshore Dr is 0.31 acres.
This home is located at 127 E Lakeshore Dr in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $900,000.
In June 2025, from all listings sold in Panama City Beach, FL there were more than 1 sold above asking price, over 119 sold below and more than 21 were sold right at the asked price. In June 2025 in Panama City Beach, FL there were 1.2% more homes for sale than in May. In June 2025 median list price was $435,000 and the average listing age was 87 days.
From Rocket Homes Real Estate and based on county public records data.