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$239,900
1 Beds 1 Baths 768495 MLS
Welcome to peaceful coastal living in the gated community of Bay Point. This bright and inviting 1 bedroom condo in Lagoon Towers offers beautiful water view and a relaxed lifestyle. Enjoy morning coffee on the balcony overlooking the pool, lagoon, the pass to the Gulf, Bay Point Golf Course and unwind in the quiet surroundings that make Bay Point one of the most desirable residential communities in Panama City Beach. Perfect as a primary residence, second home, or long term rental investment property. Residents enjoy a wide range of amenities including a waterfront pool, dock access, bike room, and additional storage. The monthly HOA fee of $605 includes water, trash service, cable TV, internet, pool, dock access. making ownership simple and convenient. Located just minutes from boating, golf, dining, and the beautiful beaches of the Emerald Coast and close to the renowned Bay Point Marina. Vacant and easy to show. New reduced price!

4600 Kingfish Lane Unit 508, Panama City

Listing courtesy of Blue Coral R E Group LLC.

$1,239,000
3 Beds 3 Baths 779329 MLS
RARE WATERFRONT. RENTAL PROJECTION OF $70K-$80K. PRIVATE DOCK + LIFT. Set near the mouth of the lagoon in Panama City Beach, this waterfront property offers the kind of location, scenery, and boating access that can stand out to both personal-use buyers and short-term rental investors. With a rental projection estimating year-one revenue of $70,000 to $80,000, this is more than a waterfront retreat--it is a scarce location-first opportunity with income-producing potential. Positioned on a quiet loop in one of the closest residential pockets to the lagoon mouth, the property offers quicker runs to open water, marinas, beaches, dining, and Panama City Beach attractions while still maintaining a calm, tucked-away feel at home. Out back, a private dock with powered boat lift makes ''go now'' boating simple. When dinner calls, it is an easy hop by boat across the lagoon to local favorites like Capt. Anderson's or The Grand Marlin, or stay dockside and fish for saltwater trout and redfish right from the backyard. The setting gives guests and owners a true waterfront experience: passing boats and jet skis, ospreys and eagles overhead, dolphins making regular rounds, and large-scale Fourth of July fireworks visible from the dock and both screened porches. These are the details that help separate a short-term rental from a standard beach-area property. Built with 2x6 construction, hurricane-rated doors and windows, spray-foam insulation throughout, including interior walls, and pilings driven approximately 47 feet, the home blends efficiency, resilience, and long-term utility. Inside, well-appointed living spaces are oriented toward the water and flow to a screened-in back porch. Upstairs, the primary suite has its own screened porch, creating another strong vantage point for enjoying the wildlife, watercraft, and lagoon views throughout the day. For buyers comparing Panama City Beach waterfront homes with rental potential, this property offers a rare combination: private boating infrastructure, lagoon-mouth proximity, water views, screened outdoor living, and projected year-one rental revenue of $70,000 to $80,000. The result is a waterfront property with both lifestyle appeal and investment positioning, exactly where you want to be when access, scenery, and income potential matter most. All information is believed accurate but not guaranteed; buyer to verify if important.

3530 Treasure Circle, Panama City

Listing courtesy of Coldwell Banker Realty.

$199,000
761821 MLS
**Discover Your Coastal Retreat** Welcome to this exceptional property, perfectly positioned just 2 minutes from the S Burnt Mill Creek boat ramp. Situated on a generous lot, this gem offers an idyllic setting for fishing enthusiasts, with effortless access to Pier Park and Lynn Haven, each only a convenient 20-minute drive via Route 388. As Bay County's real estate scene heats up with exciting developments from St. Joe and Lattitudes Margaritaville, this location stands out as one of the area's most sought-after destinations. For those who travel frequently, you'll appreciate the property's proximity to the ECP airport, just a 7-minute drive away. Although only a short distance from the lively beaches, this property offers a serene retreat, allowing you to experience a unique slice of Florida's paradise. With a public boat ramp just 0.3 miles away, you have direct access to West Bay and a route to the Gulf of Mexico. The property benefits from the privacy of a conservation area to the north, ensuring a tranquil and natural backdrop. Whether you prefer to enjoy nature from the comfort of your home or embark on waterfront adventures, this property provides endless possibilities for coastal living. Wildlife enthusiasts will delight in frequent sightings of Bald Eagles, Osprey, and Dolphins. Anglers can take advantage of the diverse species available right off the dock, including Red Fish, Spotted Sea Trout, and Catfish. Kayaking and paddleboarding are also easily accessible, adding to the appeal of this waterfront haven. Don't miss the opportunity to experience this incredible property for yourself. Come and see the potential today!

9399 S Burnt Mill Creek Road, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$379,900
3 Beds 3 Baths 755442 MLS
Life is grand on Grand Lagoon! This freshly updated 3MB/3MB Condominium in beautiful Greenwood Estates sports numerous updates including: new HVAC (2022); Water Heater (2024); Interior Paint (2025) and beautiful new Quartz Kitchen Countertops. Each bedroom has its own full bathroom with a two bedroom down and one up, unique and practical floorplan. Additionally, enjoy the extra space of the loft suitable for a home office or den with spectacular views of The Grand Lagoon. Wave to the dolphins as you watch them play. Tastefully furnished and decorated, this is not a rental property and has served as a full-time residence for the current owner. Greenwood Estates extensive amenities include an awesome, clean swimming pool with grilling and picnic areas! Enjoy fishing from the boat dock. Seller has a transferable (sign at closing) agreement with the HOA to occupy and use Boat Slip #11. Boat Slip #11 was rebuilt in 2022 and the lift comes with an extra motor. Furnishings as shown, are included is this incredible Grand Lagoon dream home. Saltwater access makes for memorable days at nearby Shell Island and fishing trips in the Gulf of America. Just another day in paradise! Thank yourselves nightly for this quality of life that few aspire to! Contact your favorite Realtor and come take a look today!

7813 N Lagoon Drive Unit 8E, Panama City

Listing courtesy of LPT Realty LLC.

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