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$230,000
1 Beds 2 Baths 787006 MLS
*The adjacent unit #106 is available for purchase. This cozy and inviting villa at St Thomas Square offers a relaxing space for enjoying all that Panama City Beach has to offer. Whether that be as your own personal home or as a beach rental! This unit is fully furnished and ready to be enjoyed! Grand Lagoon, located just steps out the back door, is excellent for fishing, observing wildlife and boating. The St Thomas Square dock is a short walk down the paved pathway and is one of the few condominiums on PCB that has the availability for a dock tie up. Enjoy the resort style pool, fire pit, sauna or clubhouse amenities and don't forget about pickleball and tennis! If you have a boat it can be docked in one of the dock boat slips which is able to accommodate boats as large as 25 ft. It is a scenic and quick boat ride to Shell Island, St Andrews State Park and the Gulf! If you prefer to walk or bike to the beach, you are only 0.4 miles to the nearest public beach access #24. The shops and restaurants at St Thomas Square give the opportunity to shop and walk to dinner if you want to stay close to home. This charming villa is the perfect beach home or beach rental! This unit currently has a renter through the end of June with potential for another long term renter. These rents may be able to transfer to a new owner if desired. All measurements are approximate, please verify if important. Entryway mirror and personal effects do not convey.

8730 S Thomas Drive Unit 107, Panama City Beach

Listing courtesy of Think Real Estate.

$249,000
2 Beds 2 Baths 998096 MLS
Waterfront living at Grand Lagoon Cove! This 2BR/2BA lagoon-front condo offers direct water views, dock access, and a rare opportunity to own in one of North Lagoon's true waterfront communities. Enjoy peaceful mornings from your covered balcony overlooking the lagoon and green space. Community amenities include a pool, tennis courts, and shared dock access (slip use subject to HOA rules and availability). Recent updates include LVP flooring, stainless appliances, water heater replaced October 2025, and HVAC replaced in 2013. Short-term rentals are permitted per association guidelines. Conveniently located near beaches, marinas, dining, and St. Andrews State Park. Grand Lagoon Cove is a true lagoon-front community offering direct water access along highly desirable North Lagoon Drive. The community features a pool, tennis courts, and shared dock facilities designed for enjoying the boating lifestyle. There are approximately 10 boat slips serving 54 units, and slip assignments are managed by the association on a first-come basis subject to availability and HOA rules. Slips are generally intended for resident owners, and renters are not eligible to obtain slip assignments. Buyers should verify current availability, any waiting list, and applicable fees directly with the association. Inside, the unit offers a functional two-bedroom, two-bath layout with lagoon views from the covered balcony, making it suitable as a primary residence, second home, or investment property. Located just minutes from Gulf beaches, public boat ramps, marinas, shopping, and restaurants, this property provides convenient access to everything Panama City Beach has to offer while maintaining a quieter waterfront setting. All ages, measurements, square footage, rental guidelines, boat slip availability, and room sizes are approximate; buyer to verify all information deemed important.

6903 N Lagoon Dr Unit APT 52, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

$225,000
1 Beds 2 Baths 786837 MLS
Where coastal ease meets everyday comfort, and gross rental history exceeded $27K for 2025, Villa 504 at The Villas at St. Thomas captures the best of lagoon-front living. Perfectly positioned on the ground level, this residence allows you to step effortlessly from your screened patio to the water's edge. Life here feels private yet connected, surrounded by resort-style amenities including a sparkling pool off the lagoon, tennis courts, sauna, grilling area, community dock, and dry -boat storage, with on-site dining, entertainment, and the Gulf just moments from your door. Inside, the one-bedroom plus bunk alcove layout balances function and flow with an open concept design, granite countertops, and a casual breakfast bar that anchors the kitchen. Wood-tone plank and tile flooring add warmth and durability throughout, complemented by an updated bath and in-unit washer and dryer for convenience. Whether enjoyed as a personal retreat or a smart investment, Villa 504 embodies effortless coastal living -- blending relaxed luxury, thoughtful updates, and unbeatable proximity to the Gulf beaches, local dining, and shopping that define Panama City Beach.

8730 Thomas Drive Unit 504, Panama City Beach

Listing courtesy of Corcoran Reverie.

$329,000
3 Beds 2 Baths 997519 MLS
NEW PRICE, SAME BEAUTIFUL VILLA! Experience coastal living in this beautifully decorated waterfront villa, perfectly positioned for relaxation and adventure. The expansive primary suite offers amazing Lagoon views and an en-suite bath with a double sink vanity. A versatile loft bedroom adds extra flexibility. Ideal for hosting additional guests. The open-concept living and dining area is perfect for entertaining, with a breakfast bar for added casual dining. A downstairs bedroom with a full bath ensures convenience and privacy. Enjoy community amenities, including a pool, pickle ball/tennis courts, and dock with easy Bay and Gulf access. Boat parking is available. Convenient access to beach, dining, shopping, and the Navy base, this villa offers both comfort and investment potential. View this one in person in between the rental guests, fall in love, and make an offer we can't refuse!

8730 S Thomas Dr Unit UNIT 213, Panama City Beach

Listing courtesy of Compass.

$359,000
2 Beds 3 Baths 994821 MLS
Prime short-term rental at Edgewater Beach Resort Golf Villas. This 2BR / 2.5BA condo offers an ideal layout for vacation guests, featuring two private bedrooms and two bathrooms upstairs, perfect for families or couples traveling together. Spacious, functional, and easy to maintain—exactly what today's renters love! Guests love Edgewater's resort-style amenities, including multiple pools, tennis courts, championship golf, fitness center, and designated beach access to Panama City Beach's sugar-white sands. The amenity-rich, gated setting drives strong demand, repeat bookings, and year-round rental potential. Conveniently located near shopping, dining, and entertainment, this condo checks all the boxes for a high-performing Airbnb or VRBO investment, with flexibility for personal use when not generating income. A proven resort destination with built in guest appeal.

520 Richard Jackson Blvd Unit 121, Panama City Beach

Listing courtesy of Beachy Beach Real Estate.

$999,900
2 Beds 2 Baths 783688 MLS
Discover your personal waterfront sanctuary on Grand Lagoon--a rare gem that blends effortless luxury with the serene rhythms of coastal life. This beautifully maintained 3-bedroom, 2-bathroom home offers 1,537 square feet of thoughtfully designed living space and panoramic lagoon views that will take your breath away. Step outside and discover a private paradise designed for both relaxation and recreation. From the paver-lined drive to the low-maintenance Bahama rock landscaping, every detail speaks to ease of ownership. The Trex decking flows seamlessly to a covered dock outfitted with a boat lift, inviting you to launch into St. Andrew Bay or head straight to the Gulf. A heated and cooled pool ensures year-round enjoyment--ideal for cooling off on warm afternoons or enjoying a quiet dip under the stars. Inside, the open-concept layout is bathed in natural light and oriented toward the water, framing postcard-perfect views at every turn. With furnishings negotiable, this turn-key retreat is ready for immediate enjoyment or prime for short-term rental income. Located just moments from the beach and surrounded by three convenient boat launches, it's the ideal home base for boaters, beachgoers, and dreamers alike. Whether you're seeking a permanent residence, a vacation hideaway, or a high-performing investment property, this Grand Lagoon gem checks every box. Waterfront opportunities like this are becoming exceedingly rare--don't miss your chance to own a slice of paradise. Reach out today to schedule your private showing. All information and measurements are deemed reliable however not guaranteed. Buyer should confirm all information.

7018 S Lagoon Drive, Panama City Beach

Listing courtesy of Scenic Sotheby's International Realty.

$449,900
2 Beds 2 Baths 993820 MLS
Wow - gorgeous from the moment you open the door! Experience lagoon-front living in this stunning 2-bedroom, 2-bath coastal residence located in the highly desirable Bay Point community. Your condominium features a fully updated kitchen, new luxury vinyl plank flooring throughout, a brand-new HVAC system, open-concept layout, and elegant board-and-batten wood trim details. Step onto your private balcony—ideal for relaxing or entertaining—while taking in spectacular water views and unforgettable sunsets. Reflections at Bay Point offers breathtaking lagoon and St. Andrew's Bay views along with resort-style amenities including a lagoon pool, heated pool, hot tub, fire pits, outdoor grilling areas, and an owners' lounge. Residents also enjoy access to Bay Points Nicklaus-designed golf course, Point South Marina, and waterfront dining just steps away. Ideally located near St. Andrews State Park and the desirable east end, you can take advantage of opportunities for boating, fishing, shopping, dining, and all the attractions Panama City Beach has to offer. Whether you're searching for a primary residence, second home, or vacation rental opportunity, this property checks all the boxes. Schedule your private showing today!

4100 Marriott Dr Unit 208, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

$339,000
3 Beds 2 Baths 990626 MLS
Your Waterfront Oasis Awaits at St. Thomas Square! Waterfront Living Meets Coastal Convenience Step into this beautifully updated, fully furnished 3-bedroom, 2-bathroom condo that perfectly balances relaxation and recreation. Nestled in a premier gated community with breathtaking views of the Grand Lagoon, this move-in-ready gem offers the ultimate coastal lifestyle. Why You'll Love It: Boater's Paradise: Enjoy premier amenities including private boat dock access with slips and dedicated trailer parking. Your days on the water just got effortless! Prime Location: Situated just moments away from the beach, vibrant local dining, and top-tier entertainment. Smart & Turn-Key: Equipped with smart home technology for easy, hands-free self-management. This property is fully approved for short-term rentals--making it a stellar investment opportunity or a private vacation haven. Resort-Style Amenities: Indulge in a gated community that feels like a vacation every day, featuring a sparkling pool, relaxing sauna, and tennis courts. 💰 Seller Incentive: The seller is offering a $1,000 credit toward buyer closing costs! Whether you are looking for a lucrative vacation rental investment or your own personal slice of paradise, this Grand Lagoon treasure is ready for you. Schedule your private tour today!

8730 Thomas Dr Unit UNIT 313, Panama City Beach

Listing courtesy of Anchor Realty Florida.

$1,575,000
4 Beds 4 Baths 782317 MLS
The Nicest Home in Bay County! This completely remodeled, fully furnished, move-in ready Grand Lagoon home offers the ultimate waterfront lifestyle. It features all-new flooring, paint, and a new beamed ceiling on the main level. All new fixtures throughout. New kitchen counters, and backsplash. For enhanced durability and energy efficiency, the home boasts all new hurricane windows and glass sliders, and spray foam insulation under the structure, complementing the 3-year-old metal roof. All bathrooms have been completely remodeled and feature high end fixtures, vanities, and tiled showers/baths. The exterior living is upgraded with a brand-new deck. The property is a boater's dream, featuring a refreshed seawall and a fantastic boathouse that includes a new jet ski lift and two boat lifts, one of which is brand new. All measurements are approx. and should be verified by buyer.

5620 S Lagoon Drive, Panama City Beach

Listing courtesy of Coastal Heritage Real Estate LLC.

$699,000
3 Beds 3 Baths 769107 MLS
Great opportunity to own a waterfront home on North Lagoon in Panama City Beach, FL! Priced well below similar properties in the area. 2300 sq ft (3 BRs, 2 full baths, 2 half baths). Bring your boat, jet ski and water toys, and enjoy life on the Lagoon! You can be in the Gulf of Mexico fishing in minutes or fish right off the dock. Catch blue crabs, catfish, red fish and baitfish off the dock. Comes with a boat slip and 10k lb boat lift, with water and electricity on the dock. New dock in 2023 (all boards replaced). New shingle roof and siding in 2019. New boat Lift motors in 2021. New bathroom upstairs, new toilets, new oversize washer and dryer in 2022 (conveys with home). New floor and inside paint in 2023. Open floor plan on main level allows you views of the water, and your master bedroom allows you to wake up and view the water from your bed! Has 2 balconies and a patio to take advantage of the outdoors and sip a beverage, dine al fresco, read, or watch the dolphins and boats go by. Seawall reinforced in 2024. Hurricane shutters on sliding glass doors. Full time or part time living! Central Vac system. Rentals allowed. HOA is $500 quarterly and in good standing. Covers all lawn and yard care, dock water and electricity, and great cable package.

5833 N Lagoon Drive Unit A, Panama City Beach

Listing courtesy of Beycome of Florida LLC.

$249,000
1 Beds 2 Baths 766072 MLS
FOR SALE Water FRONT condo only a block from the Sandy Beaches in Panama City Beach, FL. Want walkability to restaurants and shops?? Do you own a Boat? Want to own a Beach Vacation home or Investment rental property? This condo gets you a place in one of the most sought after beaches in Florida! Are you tired of slow elevators and stairs? Imagine parking right in front of your front door and walking right in! The Nautical Themed Condo was totally remodeled in 2024. The added Murphy bed, maximizes the space providing extra sleeping arrangements. When not in use, the Murphy bed folds up into the wall, which frees up valuable room during the day. The small touches in this unit, makes it so unique, giving you and your guests a fantastic Beach and Boating experience!! Open parking in the secured complex. The Amenities include a boat dock on Grand Lagoon that leads out to the Bay and then to the Gulf of Mexico, Shell Island. This complex has an in-ground pool on the Lagoon, a sauna, clubhouse, a fire pit, and tennis courts! St Thomas Square has shopping and restaurants and are a short walking distance to public beach access #24. Boat and trailer parking can be reserved for owners and you can dock your boat while staying in the condo. Located on the 1st floor allows you to park and walk right in your unit! St. Thomas Square with its Retail space, adds a layer of convenience, allowing residents to enjoy dining options without having to venture far from home. The integration of retail space within the complex of the residential units, contributes to a dynamic and vibrant living environment. This condo offers a blend of security, leisure, and convenience, making it an appealing choice for those seeking comfortable experience while living or vacationing in Panama City Beach, FL. Sit outside on your covered patio and enjoy the views of the Grand Lagoon water. A perfect Vacation, Investment, 2nd home or Primary home!

8730 Thomas Drive Unit 305, Panama City Beach

Listing courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida.

$1,699,000
4 Beds 3 Baths 765223 MLS
LAGOON LIVING with boat slip and dock in the exclusive gated community of Grand Lagoon Pointe, where luxury waterfront living meets direct boating access to the Gulf of Mexico. This Lot 7 Cobia Plan offers 4 bedrooms, 3 full bathrooms, plus a flex space. Designed for both everyday living and effortless entertaining, the open-concept main living area features a stunning 72-inch gas fireplace and a chef-inspired kitchen complete with a 48-inch professional gas range, oversized island, custom cabinetry, and premium finishes throughout. The primary suite is conveniently located on the main level, offering peaceful views of Grand Lagoon. Multiple covered porches provide the perfect setting to relax with your morning coffee, unwind after a day on the water, or watch dolphins play right from your backyard. Outdoor living is equally impressive with an outdoor bar, ideal for entertaining after a day of boating or fishing. The lower-level basement storage is thoughtfully designed with plenty of room for kayaks, paddle boards, fishing poles, water toys, and comes prepped with an ice maker stub-out. Each waterfront homesite includes a boat slip providing direct access from Grand Lagoon to the Gulf of Mexico. Residents also enjoy a community pool, green space, and a prime location to beach access. *USE 7900 S LAGOON DRIVE IN GPS*

7848 Grand Lagoon Way, Panama City Beach

Listing courtesy of CENTURY 21 Commander Realty.

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