$524,900

5929 S Lagoon Dr Panama City Beach, FL 32408

$6,233
Closing credit¹
4 beds
3 full
1,680 sqft
0.08 acres
$312 / sqft
House

Property details

About 5929 S Lagoon Dr

Over $67K Projected Rental Income! Welcome to your dream coastal retreat! This beautifully updated 4-bedroom, 3-bathroom beach home offers the perfect blend of modern upgrades and seaside charm. Located just one block from the public boat ramp and within walking distance to the beach, this property is ideal as a primary residence, vacation getaway, or short-term rental investment.Inside, the thoughtfully designed layout features two bedrooms and a full bathroom on the first floor, perfect for guests or flexible living arrangements. Upstairs, you'll find two additional bedrooms, including the spacious master suite, along with two more bathrooms for added convenience. Oak wood floors span the second level, while the master bedroom boasts brand-new luxury vinyl plank flooring. Fresh interior paint throughout creates a bright and inviting atmosphere.The updated kitchen is a showstopper, featuring stunning new quartz countertops, sleek faucets, and brand-new stainless steel appliances. Recent upgrades include a new air conditioning system, both inside and out, installed in 2023, and a roof replaced in 2018, ensuring comfort and peace of mind for years to come. Hurricane-proof windows and a sliding door add an extra layer of safety and energy efficiency.Outside, the backyard offers a tranquil escape with a koi pond that can stay or be removed at the buyer's request. A spacious 1.5-car garage provides ample room for vehicles, beach gear, and tools. With its unbeatable location near the water, this home offers endless opportunities for boating, beachcombing, and relaxation. Whether you're looking for a coastal retreat or a lucrative rental property, this stunning beachside gem is ready to welcome you--schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,680 sqft
Lot size0.08 Acres
Year built2003
ParkingAttached, Driveway, Garage
MLS #766956
Attached garage1 space
ViewLagoon

Summary

  • MLS Number: 766956
  • MLS Name: BCAR
  • Office Name: Local Insight Realty

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: 3/4/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property with a front yard and a garage

$524,900

5929 S Lagoon Dr

$6,233

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 23, 2003
Home Sold
$144,400

Tax history

YearAssessmentProperty Tax
2023$143,268$1,343
2022$98,772$741
2021$95,895$741
2020$94,571$731

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

4.3 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. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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 5929 S Lagoon Dr

This home is located at 5929 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,680 square foot home, which was built in 2003, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $524,900.

In February 2025 more than 5 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 98 were sold below. The number of listings in Panama City Beach, FL increased by 6.1% between January and February 2025. While the average time on the market in February 2025 was 87 days, the median list price was $337,016.

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

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