#774165, Listing office: Corcoran Reverie
7107 S Lagoon Dr Panama City Beach, FL 32408
Property details
About 7107 S Lagoon Dr
$25,000 BUYER INCENTIVE for a contract executed in July! Use the $25,000 toward a pool (already plumbed with electrical!), furnishings, interest rate buy down, etc...the possibilities are endless! Custom, coastal luxury is defined in this truly exceptional new construction, custom home in Panama City Beach, Florida projected to bring in $86K in rental income! This is not your average new build—this is a stunning fusion of mid-century modern, coastal design and refined southern charm, crafted for those who seek elevated style with NO HOA and standout investment potential! Every inch of this home is a showcase of superior craftsmanship and thoughtful detail by a locally renowned quality home builder. Whether youre searching for a high-performing vacation rental, a stylish second home, or a one-of-a-kind primary residence, this property offers unmatched value, lifestyle, and return on investment. Positioned just three blocks from the sugar-white sands of Panama City Beach, this East End location places you across from the waters of the Lagoon giving access to the Bay and Gulf of America which is ideal for boating, fishing, and trips to the idyllic Shell Island. The extended driveway has room for your boat or watercraft, with public ramps only blocks away! Best of alltheres no HOA to limit your lifestyle and rewards you with higher ROI with having lower holding costs for investment. Step outside to a fully fenced backyard oasis built for the Florida lifestyle: custom paver patio, multiple pergolas for lounging and grilling, and a green space prepped for a future pool with plumbing and electric already installed for a seamless addition. Whether entertaining, renting, or relaxingthis backyard is the heart of beach life. Spanning just under 2,200 square feet, this 4-bedroom, 3.5-bath luxury home includes a 1-car garage, large covered patio and a versatile layout tailored for both personal enjoyment and high-performing vacation rental income, projected at $86K+ annually. This open concept home boasts luxury vinyl plank flooring throughout, a consistent color palette with designer tile and custom wallpaper accents, and high end finishes such as Quartz countertops, custom white oak cabinetry, tongue and groove ceilings and designer lighting. The kitchen is made for entertaining and a large living and dining are with French doors lead to a full-width covered patio perfect for morning coffee or evening cocktails after the beach. Three bedrooms and two full bathrooms on the lower level offer comfort and flexibility, including a built-in bunk room kids will love while the upper level has the primary suite and a convenient powder room. The oversized primary suite is a serene escape featuring a tongue-and-groove tray ceiling, custom built-in closet, designer sconces and a spa-worthy en suite with white oak vanity, and a mid-century modern stunning walk-in shower. A highly desired garage is also crucial at the beach and in this location around the corner from the boat ramp. Youll love the additional storage for beach chairs and umbrellas, pool floats, fishing rods and reels and even a golf cart! The clever under-stair storage inside is also ideal as an owners closet for rentals or for additional storage of beach gear! Rick Seltzer Park is 3 blocks away and an excellent public beach access for this home with plenty of parking, restrooms and showers! This home is also within excellent proximity to local restaurants, shops, and entertainment, this home is more than just a place to stayits a destination in itself. Youll love sunset dinners at Schooners, playing mini golf at Coconut Creek, visiting Ripleys Believe it or Not on rainy days and fish tacos at Finns! Dont miss your chance to own a rare, custom-built gem in one of the most desirable and fastest-growing areas of Panama City Beach.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator, Ice Maker, Electric Oven
- Interior: Raised Ceiling, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting, Newly Painted, Owners Closet, Pantry, Wallpaper, Washer/Dryer Hookups
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage, Boat, Guest, Oversized, RV
- View: Lagoon
- Exterior: Fenced Back Yard, Shower, Sprinkler System
- Architectural Style: Beach House
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $849,000
- Price/SqFt: $387
- Annual Tax Amount: $1,321
- Tax Year: 2023
- Lot: Survey Available, Within 1/2 Mile to Water
- Directions: Heading west on Thomas Drive, turn right onto Venus Street. Turn left onto S Lagoon Drive. Home is on the left.
- Year Built: 2025
- Stories: 2
- Living Area: 2,189 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 979582
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Corcoran Reverie SRB
- Office Email: hilary.ff@corcorangroup.com
- Listing Agent: Carly K Sostheim
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: 7/24/2025, 8:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 20, 2024 | Home Sold | $210,000 |
Feb 28, 2024 | Home Sold | $175,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $166,180 | $1,321 |
2022 | $119,635 | $980 |
2021 | $101,166 | $980 |
2020 | $43,955 | $781 |
2018 | $36,326 | $556 |
2017 | $33,024 | $416 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
0.8 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
3.9 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.5 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 $75,687. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 7107 S Lagoon Dr
The listing price of 7107 S Lagoon Dr property is $849,000.
The property 7107 S Lagoon Dr is a house located in Panama City Beach, Florida, 32408.
Active Listing: 7107 S Lagoon Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7107 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), 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 $1,321 (source: MLS/based on county public records data).
The last sale was on September 20, 2024 for $210,000 (source: MLS/tax record).
The property at 7107 S Lagoon Dr has 4 bedrooms and 3 full and 1 half bathrooms.
The property 7107 S Lagoon Dr is 2,189 SqFt (source: MLS/tax record).
The year of construction for 7107 S Lagoon Dr is 2025.
This home is located at 7107 S Lagoon Dr in Panama City Beach, FL and zip code 32408 in the Lagoon Heights neighborhood. This 2,189 square foot home, which was built in 2025, sits on a 0.13 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $849,000.
Panama City Beach, FL housing market in June 2025 saw over 26 listings sold above listed price, more than 47 sold at listed price and over 144 sold below. The inventory of homes for sale in Panama City Beach, FL between May and June 2025 decreased by 2.4%. In June 2025 median list price was $330,871 and the average listing age was 78 days.