$427,000

5821 S Lagoon Dr Panama City, FL 32408

$5,071
Closing credit¹
2 beds
2 full
1,292 sqft
0.1 acres
$331 / sqft
House

Property details

About 5821 S Lagoon Dr

There simply isn't 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 you'll 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 day's when you just want to tune out the outside world and relax, you won't find a more quite and peaceful location so close to the water.No matter if you are an avid boater, an RV'er, 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. Don't 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
CoolingCentral Air, Ceiling Fan(s)
Size1,292 sqft
Lot size0.13 Acres
Year built1956
ParkingDetached Carport, Detached, Garage, On Street
MLS #773985
Garage1 space
WaterfrontBoat Ramp, Boat Lift
ViewLagoon

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Workshop
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached Carport, Detached, Garage, On Street
  • Waterfront: Boat Ramp, Boat Lift
  • View: Lagoon
  • Architectural Style: Bungalow
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $427,000
  • Price/SqFt: $330
  • 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
  • Living Area: 1,292 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 773985
  • MLS Name: BCAR
  • Office Name: Beachy Beach Real Estate

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© 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, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5821 S Lagoon Dr, Panama City, FL 32408 - aerial view of residential area with a nearby body of water

$427,000

5821 S Lagoon Dr

$5,071

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

Patronis Elementary School

Public District KG-5

1.4 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. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family 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 $427,000.

The property 5821 S Lagoon Dr is a house located in Panama City, 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).

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, 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 May 26, 2025 and is currently priced at $427,000.

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. The number of listings in Panama City, FL increased by 3.4% between April and May 2025. 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.

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