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8829 N Lagoon Drive

Panama City, FL 32408
  • $1,125,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 781210
$1,125,000
  • 4
    BEDS
  • 0.46
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,086
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1967
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to Poseidon's Palacea waterfront retreat blending laid-back coastal living with proven short-term rental performance. This 4-bedroom, 3-bath home features a split layout for privacy, a dedicated game room, and a private gas-heated pool just steps from the water. Bring your boat and your sunscreenthe property includes a private dock with quick access to both the Bay and the Gulf for fishing, sandbar hopping, and sunset cruises. This home was fully renovated in 2022 with new custom bathrooms, kitchen cabinets, granite counters, high end appliances, flooring, lighting, new water heater, new HVAC, new pool paver deck, pool, & gas heater (2023), new 400 sqft Trex deck, new dock decking, exterior paint, custom landscaping. Investors will appreciate the consistency: 2023 gross $156,384, 2024 gross $153,539, and $167,863 already on the books for 2025. Multiple living areas and a smart bedroom distribution make it ideal for multi-generational stays and larger groups, while the indoor-outdoor flow turns every day into a vacation. Whether you keep it as a top-performing STR or claim it as your own coastal getaway, Poseidon's Palace delivers comfort, flexibility, and year-round appeal.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Emerald Coast. Data last updated: 2025-11-13T00:03:58.337.
www.kwemeraldcoast.com/homes/169574133
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8829 N Lagoon Drive Panama City, FL 32408

  • Price: $1,125,000
  • Status: Active
  • On Site: 8 Days
  • MLS #: 781210
4
Beds
3
Baths
0
½ Baths
0.46
Acres
3,086
SQFT
$365
$/SQFT
1967
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
Welcome to Poseidon's Palacea waterfront retreat blending laid-back coastal living with proven short-term rental performance. This 4-bedroom, 3-bath home features a split layout for privacy, a dedicated game room, and a private gas-heated pool just steps from the water. Bring your boat and your sunscreenthe property includes a private dock with quick access to both the Bay and the Gulf for fishing, sandbar hopping, and sunset cruises. This home was fully renovated in 2022 with new custom bathrooms, kitchen cabinets, granite counters, high end appliances, flooring, lighting, new water heater, new HVAC, new pool paver deck, pool, & gas heater (2023), new 400 sqft Trex deck, new dock decking, exterior paint, custom landscaping. Investors will appreciate the consistency: 2023 gross $156,384, 2024 gross $153,539, and $167,863 already on the books for 2025. Multiple living areas and a smart bedroom distribution make it ideal for multi-generational stays and larger groups, while the indoor-outdoor flow turns every day into a vacation. Whether you keep it as a top-performing STR or claim it as your own coastal getaway, Poseidon's Palace delivers comfort, flexibility, and year-round appeal.
Exterior Features

Architectural Style Traditional Attached Garage YN No Construction Materials Brick Hardi Plank Type Exterior Features Deck Dock Sprinkler / Irrigation Fencing Fenced Garage YN No Lot Features Landscaped Waterfront Sprinkler System Paved Other Structures Pergola Patio And Porch Features Deck Pool Features Gunite Gas Heat In Ground Road Frontage Type County Road Road Surface Type Paved View Bay View YN Yes

Interior Features

Appliances Dryer Dishwasher Freezer Ice Maker Refrigerator Range Hood Washer Cooling Central Air Ceiling Fan(s) Cooling YN Yes Fireplace Features Outside Fireplace YN Yes Flooring Luxury Vinyl Plank Heating Central Electric Fireplace(s) Heating YN Yes Interior Features Breakfast Bar Kitchen Island Split Bedrooms Smart Thermostat Window Treatments Parking Features Driveway Rooms Sunroom (First Level) Living Room (First Level) Bedroom (First Level) Primary Bedroom (First Level) Units Furnished All Units

Property Features

Association YN No Buyer Financing Conventional Community Features Short Term Rental Allowed Disclosures Flood Insurance Required Listing Service Full Service Listing Terms Cash Lot Size Dimensions 100x200 New Construction YN No Occupant Type Tenant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Sewer Lift Station Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 8808.45 Tax Year 2025 Utilities Trash Collection Waterfront Features Bay Access Waterfront Waterfront YN Yes Zoning Description County Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Counts Real Estate Group Inc: 850-249-3615. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Emerald Coast. Data last updated: 2025-11-13T00:03:58.337.
 
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