7005 S Lagoon Drive, Panama City Beach, FL 32408

$425,000
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Active
BEDS3 BATHS2 full SQUARE FEET1,156 MLS#791330
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHoliday Beach Unit 13

Property Description

Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.

7005 S Lagoon Drive | MLS# 791330

This single family home located at 7005 S Lagoon Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $425,000. This property was built in 1978 and has 3 bedrooms and 2 full baths with 1156 sq. ft. S Lagoon Drive is located in the Holiday Beach Unit 13 subdivision. Search Holiday Beach Unit 13 real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central, Electric
Home Style: Coastal
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1978

Amenities

Main Level Primary
Shower Only
Patio

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 36
Exterior: Brick
Fencing: Partial
Lot Dimensions: 55.0 ft x 117.0 ft
Parcel#: 30808-070-000
Patio/Porch: Covered, Open, Patio, Porch
Security: Smoke Detector(s)
Utilities: Electricity Available

Room Sizes

Bedroom: 11 X 9 Level - First
Bedroom: 11 X 11 Level - First
Primary Bedroom: 14 X 11 Level - First
Kitchen: 15 X 15 Level - First
Living Room: 17 X 15 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Keller Williams Success Realty

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,069.82 per month $945.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's Insurance

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