#769418, Listing Office: Coastal Property Services, Inc
7005 S Lagoon Dr Panama City Beach, FL 32408
Property details
About 7005 S Lagoon Dr
This fully furnished 3BR/2BA beach home - known as ''Blue Lagoon'' on Airbnb - offers the best of both worlds: a peaceful neighborhood vibe with no HOA, yet just minutes from public beach accesses, St. Andrews State Park, top-rated restaurants, shopping, and local attractions. The home boasts beautiful water views of the Grand Lagoon, creating a serene backdrop right outside the window. Inside, the layout is bright and welcoming, with a coastal color palette and spacious bedrooms featuring premium mattresses and soft, beach-inspired bedding. The kitchen has been tastefully updated with granite countertops, white shaker cabinets, a custom backsplash, and upgraded stainless steel appliances. Recently renovated throughout, the home features luxury vinyl plank flooring - stylish, low-maintenance, and built to handle both everyday life and the demands of vacation rental turnovers. Both bathrooms have been refreshed with new vanities and flooring. Outside, the solid brick exterior is paired with a 2022-installed metal roof and vinyl impact windows, offering an extra layer of confidence in your investment. Additional updates include two water heaters (50-gal & 30-gal) for maximum convenience and comfort. The large backyard is ideal for grilling and lounging on the covered patio, while boat parking is available on-site, and the public boat ramp is just two blocks away for easy access to the water. Already a ''Guest Favorite'' on Airbnb, this home is move-in or rental ready - perfect for full-time living, vacationing, or adding to your portfolio. Schedule a showing today and see it for yourself!
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
- Interior: Breakfast Bar
- Total Bedroom Count: 3
- Exterior: Patio
- Architectural Style: Coastal
- Heating: Electric
- Cooling: Central Air, Electric
- List Price: $445,000
- Price/SqFt: $384
- Annual Tax Amount: $2,978
- Tax Year: 2023
- Directions: From Thomas Drive go North on Venus St to the end, right on South Lagoon to the house, look for the Flip Flop Shutters
- Year Built: 1978
- Living Area: 1,156 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 772535
- MLS Name: BCAR
- Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 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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$445,000
7005 S Lagoon Dr
$5,284
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 01, 2024 | Home Sold | $415,000 |
Jul 06, 2023 | Home Sold | $410,000 |
Sep 30, 2022 | Home Sold | $250,000 |
Nov 20, 1996 | Home Sold | $75,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $235,050 | $2,978 |
2022 | $147,985 | $1,751 |
2021 | $130,704 | $1,751 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
0.9 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
4.2 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.8 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 $54,268. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 7005 S Lagoon Dr
The listing price of 7005 S Lagoon Dr property is $445,000.
The property 7005 S Lagoon Dr is a house located in Panama City Beach, Florida, 32408.
Active Listing: 7005 S Lagoon Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7005 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), Surfside Middle School (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,978 (source: MLS/based on county public records data).
The last sale was on May 1, 2024 for $415,000 (source: MLS/tax record).
The property at 7005 S Lagoon Dr has 3 bedrooms and 2 bathrooms.
The property 7005 S Lagoon Dr is 1,156 SqFt (source: MLS/tax record).
The year of construction for 7005 S Lagoon Dr is 1978.
This home is located at 7005 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Holiday Beach neighborhood. This 1,156 square foot home, which was built in 1978, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $445,000.
Over 13 listings were sold over their listed price in March 2025 in Panama City Beach, FL. In the same period over 146 listings were sold below the listed price and 51 listings were sold for the listed price. Between February and March 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 5.8%. In March 2025 median list price was $335,149 and the average listing age was 90 days.