$265,000
Panama City, FL 32408
MLS# 782549
2 beds | 2 baths | 1542 sqft

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Open House (05/07/2026 - 3:30 pm - 5:45 pm)
Property Description
No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach—less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: • No HOA: Flexibility, freedom, and lower overhead. • Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. • 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. • 2 Full Baths: Convenience for guests and personal use. • Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. • Perfect for a Second Home: Use it when you want—earn income when you're away. A rare, no-HOA opportunity this close to the beach doesn't come around often. Your coastal investment—and personal retreat—awaits.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2760
Last Tax Year: 2024
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 171.85
Status: Active
List Date: 2025-12-08
List Price: $265,000
Current Price: $265,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: Grand Lagoon Shores
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: from Joan Ave head east on N Lagoon on left just after Laurie about 6 homes will be a row of townhomes
Area: 03 - Bay County - Beach
Street #: 8520
Street Direction: N
Street Name: Lagoon
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Grand Lagoon Shores 1
Parcel ID: 30188-269-000
Legal Description: GRAND LAGOON SHORES UNIT 7 BEG 30.14' SELY FROM NW COR LOT 8 TH CONT SELY 30' SWLY 85 ' NWLY 30' NELY 85' TO POB AKA UNIT #2 TAMARAC TOWNHOUSES B-F (8.02) ORB 4576 P 1267
General Property Info
Design: Townhome
Apx SqFt(Htd/Cooled): 1542
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 30x130
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Attached Single Unit
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 1984
Remarks & Misc
Remarks: No-HOA Coastal Townhome on North Lagoon Dr.
Steps to the Beach + Proven ROI
This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach—less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts.
With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock.
Highlights:
• No HOA: Flexibility, freedom, and lower overhead.
• Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon.
• 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups.
• 2 Full Baths: Convenience for guests and personal use.
• Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI.
• Perfect for a Second Home: Use it when you want—earn income when you're away.
A rare, no-HOA opportunity this close to the beach doesn't come around often.
Your coastal investment—and personal retreat—awaits.
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Furnished
Furnished: 1
Rooms
Bedroom: 1
Master Bedroom: 1
Utilities
Cable - Available: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Property Features
Appliances: Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Furnished: Furnished
Rooms: Bedroom; Master Bedroom
Sale Type: As Is
Utilities: Cable - Available; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Dimensions | Length | Width |
| Master Bedroom | 15 x 12 | 15.00 | 12.00 |
| Bedroom | 11 x 10 | 11.00 | 10.00 |
Listing Office: Dalton Wade Inc
Last Updated: May - 02 - 2026
Information deemed reliable but not guaranteed.
