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5501 Lagoon Way, Panama City Beach, FL 32408
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5501 Lagoon Way
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Would you like to sell your home before you purchase this one?
Priced at Only: $309,000
For more Information Call:
Address: 5501 Lagoon Way, Panama City Beach, FL 32408
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  • MLS#: 771218 ( Residential )
  • Street Address: 5501 Lagoon Way
  • Viewed: 10
  • Price: $309,000
  • Price sqft: $178
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 1736
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 189
  • Additional Information
  • Geolocation: 30.1473 / -85.7539
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Biltmore Beach
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Coldwell Banker Realty
  • DMCA Notice
  • Description
    Just five blocks from the sugar white sands of Panama City Beach and within walking distance to the lagoon and a public boat ramp, 5501 Lagoon Way offers a unique opportunity in a prime coastal location. This 3 bedroom, 2 bathroom home features a flex space off the Florida room, ideal for a home office, playroom, or hobby area. Originally a 2 bedroom, 1 bath layout, the home was expanded to include a third bedroom and second full bathroom through a garage conversion that was previously used as a private beauty salon. A wood burning fireplace adds charm to the main living area, and while the home showcases a vintage design, several major system upgrades have been completed. Recent improvements include storm rated double pane vinyl windows installed in 2024, a roof replacement in 2019, and updated wood siding on the back of the home in 2022 with new base trim around the entire exterior. The HVAC system was replaced around 2019, and the Whirlpool water heater, 2022 stainless steel LG refrigerator, and 2021 Samsung front load washer and dryer offer modern comfort and efficiency. The addition was fully insulated, and the home is located in Flood Zone X. The septic system is situated in the front yard for easy access. All information is deemed reliable but not guaranteed. Buyer to verify all information.
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Features
Building and Construction
  • Covered Spaces: 1.00
  • Fencing: Fenced
  • Flooring: Carpet
  • Living Area: 0.00
Land Information
  • Lot Features: InteriorLot
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Carport, Driveway
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, WindowUnits
  • Heating: Central, Electric, Fireplaces
  • Sewer: SepticTank
  • Utilities: CableConnected, ElectricityAvailable, SepticAvailable, TrashCollection
Amenities
  • Association Amenities: BeachAccess, BoatRamp
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Interior Features: BreakfastBar, SplitBedrooms, Storage
  • Legal Description: BILTMORE BEACH LOT 17 BLK I ORB 1283 P 1685 MAP 70B2
  • Levels: One
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 31841-000-000
  • Style: Contemporary
  • The Range: 0.00
  • Views: 10
Similar Properties

Details for 2016 Twin Oaks Drive, Panama City, FL 32408
$289,000.00 ($154.55 / sqft )

2016 Twin Oaks Drive More Like This

Wonderfully maintained 3Bd/3Ba home on 0.25 acre lot located in a quiet neighborhood North Lagoon Oaks. Home features major renovation in 2021, accompanied by a 1000+ sqft addition, creating a spaciou

  1. Request Information
  1. Bedrooms: 3
  2. Baths: 3
  3. Approx. 1870 sqft
  1. MLSID: 776483
  2. Provided by Keller Williams Success Realty
  3. Provided through
  4. DMCA Notice
24 Pictures and Information
Nearby Subdivisions
[no Recorded Subdiv]   Annabella's Townhomes   Banyan Beach   Bay Point Golf Cove Estates   Bay Point Golf Villas Iii   Bay Point Unit 1   Bay Point Unit 1-a   Bayside Park Unit 1   Bel Air   Bel Mar   Biltmore Beach   Biltmore Beach 1st Add   Crescent Beach Unit 1   Cresent Bch Unit 1   Dragon's Ridge Corrctd   Emerald Park Condominium   Emerald Pointe Resort   Finisterre   Gates At Sterling Cove   Grand Lagoon   Grand Lagoon Banks   Grand Lagoon Pointe   Grand Lagoon Shores 1   Grand Lagoon Shores 2   Grand Lagoon Shores 3   Grand Lagoon Shores 6   Gulf Lagoon Beach   Hadley's Beach   Hidden Lagoon   Hidden Pines Phase Ii   Hidden Pines Phase V   Hidden Pines Phase Vi   Hidden Pines Phase Vii   Holiday Beach On The Gulf   Holiday Beach Unit 1   Holiday Beach Unit 11   Holiday Beach Unit 12   Holiday Beach Unit 13   Holiday Beach Unit 14   Holiday Beach Unit 15   Holiday Beach Unit 16   Holiday Beach Unit 3   Holiday Beach Unit 4   Holiday Beach Unit 8   Holiday Beach Unit 9   Holiday Point   La Valencia Beach Resort   Lagoon Estates   Lagoon Heights   Lagoon Manor   Legend Lakes   Magnolia Bay Club   Magnolia Point At The Preserve   Martinique Phase I   Martinique Phase Ii   Martinique Phase Iii   Mimosa Place   No Named Subdivision   North Lagoon Heights   North Lagoon Oaks   North Lagoon Oaks 1st   North Lagoon Oaks 4th   North Lagoon Oaks 7th Add   North Lagoon Oaks 9th   Not Applicable   Palm Bay Unit 4   Panama City Beach   Panama Dunes   Pelican Bay   Pines 4th Add   Pines 5th Add   Preserve On The Bay Ph I   Preserve On The Bay Ph Ii   Preserve On The Bay Ph Iii-a   Sanctuary Beach   Seaview Village   Silver Sands Beach   Silver Sands Unit 2   Sugar Shack Condo   Summerplace Townhouses   Thomas Drive Park U-2   Tidewater Creek   Treasure Cove   Treasure Cove 1.   Treasure Cove Unit 2   Treasure Island   Venture Out   Venture Out Travel Trail   Villas Of Panama  
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