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$426,600

5821 S Lagoon Dr Panama City Beach, FL 32408

2 beds
2 full
1,292 sqft
0.1 acres
$330 / sqft
House

Property details

About 5821 S Lagoon Dr

There simply isnt a better home in PCB... Less than 100 feet to the bay, less than 4 blocks to the Gulf, over $60k in updates, one of the most desirable locations on the East end of the beach, and one of the absolute lowest priced homes available. Blink and youll miss this once in a lifetime steal!!! This incredible Beach Bungalow is located directly across from the Dolphin Boat Ramp on Grand Lagoon, and it offers incredible water views! This unbelievably well maintained block home has received countless updates (impact resistant windows in 2019, trusses and roof in 2022, all new master bathroom in 2022, HVAC in 2023, new septic in 2019, and the list goes on! Although this cozy beach home offers an amazing layout with 2 bedrooms, 2 bathrooms, an open living room and kitchen, a separate dining room, an incredible den, and a unique reading area/office with natural light peacefully flowing throughout - the outside living area is where this bungalow truly shines... From the expansive front porch with water views, to the meticulously manicured backyard, you are guaranteed to have more than enough room for entertaining family and friends. And for those days when you just want to tune out the outside world and relax, you wont find a more quite and peaceful location so close to the water. No matter if you are an avid boater, an RVer, or if you enjoy a peaceful day of fishing or kayaking, the amazing workshop and backyard offers more than enough room for you to store every toy your heart could desire! This home exceeds all expectations, and is close to all the best that PCB has to offer (dining, shopping, live music, the Bay, the Gulf, and everything in between), yet it is perfectly situated in one of the most peaceful communities around. Go look at all the other homes available. Dont just look at the pictures, we ask that you actually go out and truly feel the home, you breathe in the air, and you experience the community. Then... come be our guest and experience a level of perfected living you never knew was possible. Welcome Home!!!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,292 sqft
Lot size0.13 Acres
Year built1956
MLS #978305
ViewLagoon

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Refrigerator, Security System, Electric Oven, Washer
  • Interior: Breakfast Bar, Washer/Dryer Hookups
  • Total Bedroom Count: 2
  • Private Pool: No
  • View: Lagoon
  • Exterior: BBQ Pit/Grill, Shower, Yard Building
  • Architectural Style: Beach House
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $426,600
  • Price/SqFt: $330
  • Annual Tax Amount: $3,328
  • Tax Year: 2023
  • Lot: Corner Lot, Survey Available, Within 1/2 Mile to Water
  • Directions: Traveling East on Thomas Drive, turn left on Dolphin. In about 3 blocks, the house will be on the right - on the corner of S. Lagoon and Dolphin. Across from the boat ramp.
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,292 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 978305
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Garrett S Aune

IDX 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: 7/31/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 24, 2022
Home Sold
$373,500

Tax history

YearAssessmentProperty Tax
2023$302,100$3,328
2022$178,493$2,104
2021$57,829$2,104

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.4 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

3.8 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.2 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,841. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
52%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • ChipotleChipotle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5821 S Lagoon Dr

The listing price of 5821 S Lagoon Dr property is $426,600.

The property 5821 S Lagoon Dr is a house located in Panama City Beach, Florida, 32408.

Active Listing: 5821 S Lagoon Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5821 S Lagoon Dr 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), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,328 (source: MLS/based on county public records data).

The last sale was on March 24, 2022 for $373,500 (source: MLS/tax record).

The property at 5821 S Lagoon Dr has 2 bedrooms and 2 bathrooms.

The property 5821 S Lagoon Dr is 1,292 SqFt (source: MLS/tax record).

The year of construction for 5821 S Lagoon Dr is 1956.

This home is located at 5821 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,292 square foot home, which was built in 1956, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $426,600.

In June 2025 more than 26 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 144 were sold below. Between May and June 2025, Panama City Beach, FL real estate market has seen decrease in the number of listings by 2.4%. In June 2025 median list price was $330,871 and the average listing age was 78 days.

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

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