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8520 N Lagoon Drive, Panama City, FL 32408

$273,500
  • 8520 N Lagoon Drive, Panama City, FL 32408 Main Photo

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Active Price Reduced by $1,000 on February 28th, 2026
BEDS2 BATHS2 full SQUARE FEET1,542 MLS#782549
STATUSActive PROPERTY TYPEResidential - Townhouse SUBDIVISIONGrand Lagoon Shores 1

Property Description

No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach?less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: ? No HOA: Flexibility, freedom, and lower overhead. ? Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. ? 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. ? 2 Full Baths: Convenience for guests and personal use. ? Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. ? Perfect for a Second Home: Use it when you want?earn income when you're away. A rare, no-HOA opportunity this close to the beach doesn't come around often. Your coastal investment?and personal retreat?awaits.

8520 N Lagoon Drive | MLS# 782549

This townhouse located at 8520 N Lagoon Drive, Panama City, FL 32408 is currently listed for sale with an asking price of $273,500. This property was built in 1984 and has 2 bedrooms and 2 full baths with 1542 sq. ft. N Lagoon Drive is located in the Grand Lagoon Shores 1 subdivision. Search Grand Lagoon Shores 1 real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Townhouse
Lot Size: 0.09 Acres
Taxes: $2,760
Year Built: 1984

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 86
Lot Dimensions: 30x130
Parcel#: 30188-269-000
Sewer: Public Sewer

Room Sizes

Bedroom: 11 X 10
Primary Bedroom: 15 X 12

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

Listed By / Shown By

Listed By

Agency Name: Dalton Wade Inc

Shown By

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

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Estimated Payment

$ 918.46 per month $608.69 Principal & Interest $230.00 Property Tax $79.77 Homeowner's Insurance

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