$3,859 Closing Credit¹
#772910, Listing Office: Empire Real Estate of Florida LLC
$249,900 List price
5408 Lagoon Way Unit 5 Panama City, FL 32408
$2,968
Closing credit¹
2 beds
1 full
750 sqft
0.6 acres
$333 / sqft
House
Property details
About 5408 Lagoon Way Unit 5
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Beautifully located between the Beach and Lagoon. This 2-bedroom beach cottage has been completely updated. Improvements include, new Hardie siding; new deck; new interior & exterior doors; cabinetry, granite countertops, and tile backsplash; tile walk-in shower; stainless appliances; washer/dryer; light fixtures...nothing overlooked!Ready for your personal touches to become a great beach getaway or rental. Perfect location, near Beach, Lagon, marinas, Navy base, Hathaway Bridge. No HOA!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s)
Size750 sqft
Lot size0.59 Acres
Year built1983
MLS #770522
Summary
- Full Bathrooms: 1
- Appliances: Washer/Dryer Stacked, Electric Range, Ice Maker, Refrigerator
- Interior: High Ceilings, Vaulted Ceiling(s)
- Total Bedroom Count: 2
- Architectural Style: Coastal
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $249,900
- Price/SqFt: $333
- Directions: East on Thomas Dr-Left onto Biltmore Dr-Right onto Lagoon Way
- Year Built: 1983
- Living Area: 750 SqFt
- Lot Size: 0.59 Acres
- MLS Number: 770522
- MLS Name: BCAR
- Office Name: Re/Max By The Sea
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: 6/3/2025, 12:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$249,900
5408 Lagoon Way Unit 5
$2,968
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Patronis Elementary School
Public District KG-5
1.7 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
3.7 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.0 mi
•2010 W 12th St
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 $41,776. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
37%
<35k
49%
35k-100k
8%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
College Football
Where do the neighbors shop?
Kmart
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Sonic
What do the neighbors drive?
Buick
Ford
Kia
What do the neighbors listen to?
Oldies
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5408 Lagoon Way Unit 5
The listing price of 5408 Lagoon Way Unit 5 property is $249,900.
The property 5408 Lagoon Way Unit 5 is a house located in Panama City, Florida, 32408.
Accepting Backup Offers: 5408 Lagoon Way Unit 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 5408 Lagoon Way Unit 5 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), Bay Virtual Franchise (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 2/10).
The property at 5408 Lagoon Way Unit 5 has 2 bedrooms and 1 bathroom.
The property 5408 Lagoon Way Unit 5 is 750 SqFt (source: MLS/tax record).
The year of construction for 5408 Lagoon Way Unit 5 is 1983.
This home is located at 5408 Lagoon Way Unit 5 in Panama City, FL and zip code 32408 in the Biltmore Beach neighborhood. This 750 square foot home, which was built in 1983, sits on a 0.59 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $249,900.
Panama City, FL housing market in May 2025 saw over 32 listings sold above listed price, more than 65 sold at listed price and over 141 sold below. In May 2025 in Panama City, FL there were 3.4% more homes for sale than in April. The median list price of listings available in May 2025 was $331,357, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.