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$940,000

Listing Price

3beds

2baths

1,386sqft

15,333sqft lot

7425 S Lagoon Dr, Panama City, FL 32408

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

613.28

Price / sqft

1989

Year built

Home Details

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home situated on a spacious double lot, offering an abundance of indoor and outdoor living opportunities. The property features a charming detached cottage complete with a full bathroom, perfect for guests, extended family, or additional rental potential.The main home has been thoughtfully updated, with modern touches in both the kitchen and bathrooms. A two-car garage provides ample parking and storage, and also includes a laundry area in addition to the convenient laundry closet inside the home.Outdoor living is a highlight here, with a large yard, swim spa, boat barn, and shed, creating a versatile space for relaxation, recreation, and storage. The property also has a well for irrigation, making it easy to maintain the lush landscape. Just over half a mile to the public boat launch, this location is ideal for boating and water enthusiasts.Previously used as both a second home and a vacation rental, this property offers flexibility as a primary residence, getaway, or investment opportunity. Rental history is available upon request for those interested in its income potential.With its combination of updated interiors, unique outdoor amenities, and prime location near the water, this property is truly a rare find.

Interior Details

Square Feet
  • 1386

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 15333

Water
  • No

Sewer
  • No

Parking
  • Type:

    Driveway

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Other (not Classified)

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,505

$0

$0

--%

$254,999

2019

$3,162

$0

$0

--%

$231,817

2018

$2,877

$0

$0

--%

$210,743

2017

$2,405

$86,920

$100,795

--%

$187,715

2016

$2,430

$84,460

$101,750

--%

$186,210

2014

$2,487

$0

$0

--%

$185,658

2013

$1,677

$0

$0

--%

$140,238

2012

$1,711

$0

$0

--%

$142,989

percent-home-icon

Average Home Price in 32408

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$464,067

3 Beds

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Sold 08/14/2026

$354,922

2 Beds

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1,542 Sqft

4,181 Lot (sqft)

Sold 05/25/2026

$556,397

2 Beds

2 Baths

1,503 Sqft

6,534 Lot (sqft)

Sold 10/06/2026

$390,000

3 Beds

2 Baths

1,440 Sqft

5,749 Lot (sqft)

Sold 09/29/2026

$355,974

3 Beds

2 Baths

1,557 Sqft

11,238 Lot (sqft)

Sold 10/05/2026

$519,990

3 Beds

2 Baths

1,305 Sqft

4,965 Lot (sqft)

Sold 09/29/2026

$253,882

2 Beds

2 Baths

1,542 Sqft

4,181 Lot (sqft)

Sold 10/06/2026

$425,409

3 Beds

2 Baths

1,254 Sqft

3,963 Lot (sqft)

Sold 10/06/2026

$1,250,000

3 Beds

3 Baths

1,372 Sqft

6,229 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
940,000
$
Down payment
188,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,640
$
HOA (Monthly)
0
$
PMI
0
$
$6,085
Your Payment
Total Monthly Payment:$6,085
Percent of Income:104%
Affordable:No

Details for 7425 S LAGOON DR

Property Debt

Foreclosure Contact Details