5405 S Lagoon DR new

Panama City,FL 32408

$ 475000

3 Beds

2 Baths

2128 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $223

Subdivision Biltmore Beach

MLS Listing ID 775223

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1972

Annual Tax Amount $2,072

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

This whimsical and versatile two-story home located at the end of a quiet dead-end street, offers views of the Lagoon from the upper-level balcony and is just a half mile from beach access #9 and the Dolphin Street boat ramp. Ideal for full-time living or a vacation getaway, this property features two full kitchens, making it perfect for hosting, multi-generational living, or potential rental income.The main-level kitchen was fully remodeled in 2023/2024, featuring sleek stainless steel appliances, butcher block countertops, new laminate flooring, an island with breakfast bar, and a large pantry closet. Thoughtfully designed floor-to-ceiling cupboards light up automatically when opened, adding both convenience and charm. A large laundry room, also updated in 2024, adds to the home's practicality.Upstairs, new Berber carpet leads to two spacious bedrooms, a full bath, and a second fully equipped kitchen--plus a private balcony with a tranquil water view of the Lagoon, as well as a large 15x15 deck over looking the back yard. There is ample parking both in front, with the full-size carport and large driveway, and in the back accessible from Biltmore Drive. Enjoy the coastal lifestyle in the generously sized backyard, perfect for casual barbecues under the covered patio. Additional upgrades include a new roof (2019), a 3-ton heat pump A/C (2024), a 16x10 shed (2021), and a newly redone driveway with full-size carport (2023). An electric instant water heater was also installed in 2023.Located just minutes from white-sand beaches, shopping, dining, and all the attractions of Panama City Beach--this home offers comfort, flexibility, and unbeatable value in one of the area's most sought-after locations.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Kitchen Island,Pantry,Entrance Foyer,Instant Hot Water

Heating Central,Fireplace(s)

Cooling Central Air,Ceiling Fan(s)

Fireplaces Type Electric

Furnishings Unfurnished

Fireplace Yes

Appliance Dryer,Dishwasher,Electric Oven,Microwave,Washer

Exterior

Exterior Feature Balcony

Parking Features Detached Carport

Fence Fenced,Privacy

Pool None

Community Features Short Term Rental Allowed

Utilities Available Cable Available,Septic Available

View Y/N Yes

View Lagoon

Roof Type Shingle

Porch Balcony,Covered,Patio

Building

Story 2

Sewer Septic Tank

Architectural Style Traditional

Additional Building Shed(s)

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 31960-000-000

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition Listed As-Is

Virtual Tour https://www.mlsvideotours.com/MLS/SouthLagoonVideos/mls.mp4

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