06/15/2026
🌊 NEW LISTING | Rare South Lagoon Waterfront Opportunity 🌊
A truly exceptional opportunity to own a double waterfront lot on South Lagoon with approximately 100 feet of deep-water frontage and Gulf access. Properties like this are becoming increasingly difficult to find, especially with the flexibility and development potential this property offers.
The value is in the land. Situated on two lots, this unique property presents endless possibilities to renovate, rebuild, or redevelop. According to the county, the existing residence may be removed and the lots split, creating an incredible opportunity for investors, builders, or anyone dreaming of a custom waterfront estate.
Enjoy direct waterfront access with an existing boat dock, boathouse with electric lift, and deep-water access suitable for a variety of boating needs. Whether you’re looking for a private waterfront retreat, investment property, or future development site, this South Lagoon gem offers both immediate enjoyment and long-term value.
📍 South Lagoon | Panama City Beach, FL
🚤 Deep-Water Gulf Access
⚓ Existing Dock & Boathouse with Electric Lift
🏡 Double Waterfront Lot
📈 Exceptional Development Potential
Bring all offers! Opportunities to acquire a double waterfront lot with Gulf access in this location are rare.
Listed by Beth Mulvey & Erin Hood
Beach House Sales & Development
📞 850.919.3500
Link: https://www.flexmls.com/share/E96nQ/7122-S-Lagoon-Drive,-Panama-City-Beach,-FL-32408
Erin Hood Realtor
Beth Lentz Mulvey