Refine Search
Sort by
8829 N Lagoon Drive, Panama City
$1,120,000
4 Beds ⋅ 3 Baths ⋅ 793814 MLS
Poseidon's Palace | Fully Furnished Turnkey Waterfront Living with Direct Access to St. Andrews Bay & the Gulf of Mexico Experience the very best of waterfront living at Poseidon's Palace, a fully furnished, turnkey North Lagoon retreat where luxury, recreation, and income-producing opportunity come together. Whether you're searching for a stunning primary residence, an unforgettable second home, or a proven income-producing vacation rental, this exceptional property offers a rare combination of modern upgrades, resort-style amenities, and an unbeatable coastal lifestyle. Perfectly positioned on North Lagoon, you'll enjoy direct boating access to St. Andrews Bay and the Gulf of Mexico from your private dock, making it easy to spend the day fishing, paddleboarding, kayaking, cruising to Shell Island, or arriving by boat at some of Panama City Beach's favorite waterfront restaurants. After a day on the water, unwind in the heated pool, soak in the year-round hot tub, or relax beneath the oversized covered patio overlooking your private waterfront oasis. Thoughtfully renovated with quality and craftsmanship throughout, the home underwent an extensive transformation in 2022 featuring a beautifully redesigned kitchen, fully renovated bathrooms, new luxury vinyl plank flooring throughout, fresh interior and exterior paint, new doors and hardware, recessed lighting, and a completely rebuilt dock. In 2023, the home was further enhanced with two new HVAC systems, a resort-style pool with an app-controlled gas heater, expansive paver pool deck, oversized covered patio, and a large composite waterfront deck designed for entertaining and maximizing the incredible outdoor living experience. Additional upgrades include a tankless water heater and commercial-size refrigerator and freezer, providing exceptional functionality for everyday living or hosting large gatherings. Designed to comfortably accommodate large families and groups, the spacious floor plan offers generous indoor and outdoor gathering spaces that seamlessly blend comfort, style, and functionality. Whether you're hosting unforgettable summer barbecues, watching breathtaking sunsets from the dock, enjoying evenings beneath the string lights, or simply relaxing by the water, every detail of this home was designed to embrace the very best of waterfront living. Ideally located just minutes from the white-sand beaches of Panama City Beach, marinas, shopping, dining, entertainment, and St. Andrews State Park, you'll enjoy the perfect balance of peaceful waterfront living with convenient access to everything the Emerald Coast has to offer. An equally compelling opportunity for investors, this home has an established track record of outstanding short-term rental performance, generating approximately $152,000 in gross rental revenue in 2024 and $170,000 in 2025. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. Complete rental history and financial information are available upon request. Every major improvement has already been completed, allowing the next owner to simply arrive, embrace the waterfront lifestyle, and begin creating unforgettable memories--or continue the home's proven success as one of Panama City Beach's premier waterfront vacation rentals. An equally compelling opportunity for investors, Poseidon's Palace has an established history as a high-performing vacation rental, generating over $322,000 in gross revenue over the past two full calendar years. While 2026 revenue reflects a planned period during which the property was intentionally unavailable for approximately eight weeks, it should not be viewed as representative of the home's annual income potential. A detailed Property Performance & Investment Package is available upon request for qualified buyers.

8829 N Lagoon Drive, Panama City

105 Grand Lagoon Shores Drive Unit 6, Panama City
$614,500
4 Beds ⋅ 3 Baths ⋅ 794356 MLS
# 105 Grand Lagoon Shores **PROVEN VACATION RENTAL • $114,560 ON THE BOOKS FOR 2026 • PRIVATE HEATED POOL • 3,015 SQ FT • 4 BEDROOMS • 3 BATHROOMS • NO HOA** Welcome to **105 Grand Lagoon Shores**, a spacious and income-producing Panama City Beach pool home offering **4 bedrooms, 3 full bathrooms, and 3,015 square feet of living space**. With a **private heated pool, 2-car garage, generous lot, no HOA, and short-term rental potential**, this property offers incredible flexibility as a vacation rental investment, second home, or spacious primary residence. ### PROVEN RENTAL PERFORMANCE Investors, take note! This property generated **$101,958 in gross rental revenue in 2025** and currently has approximately **$114,560 in rental revenue on the books for 2026**. The established rental history, private pool, large floor plan, and ability to accommodate larger groups create a compelling opportunity for buyers looking for an established Panama City Beach vacation rental. Inside, the expansive single-story layout provides plenty of room to spread out, with **four bedrooms and three full bathrooms** offering flexibility for families and guests. The home's kitchen, bathrooms, flooring, and finishes also present an opportunity for the next owner to update and personalize the property over time. Step outside to your own **private heated pool and spacious outdoor living area**--an amenity guests and owners alike can enjoy throughout much of the year. A **2-car garage**, ample living space, and the freedom of **NO HOA** add even more versatility. Whether you're searching for an income-producing vacation rental, a second home near the beach, or a large primary residence with a private pool, **105 Grand Lagoon Shores combines space, rental performance, location, and opportunity in one property.** ### SUBSTANTIAL SELLER INCENTIVES AVAILABLE The seller understands that the home is ready for its next chapter and is offering buyers meaningful assistance with an acceptable offer. **Seller is offering up to a $30,000 credit at closing toward a NEW ROOF, PLUS up to $10,000 in additional buyer concessions with an acceptable offer!** The additional buyer concession may be applied toward **allowable closing costs, prepaid expenses, an interest-rate buy-down, or other approved buyer expenses**, subject to applicable financing and lender requirements. That's **up to $40,000 in potential seller assistance** designed to help the next owner address a major property improvement while preserving more of their own cash for closing, updating, and making the home their own. **3,015 SQ FT • 4 BEDROOMS • 3 BATHROOMS • PRIVATE HEATED POOL • 2-CAR GARAGE • NO HOA • STR POTENTIAL • PROVEN RENTAL HISTORY • UP TO $30K NEW ROOF CREDIT • UP TO $10K BUYER CONCESSIONS** *Up to $30,000 toward roof replacement and up to $10,000 in seller-paid buyer concessions are available with an acceptable offer and mutually agreed-upon contract terms. Credits and concessions are subject to applicable lender, loan-program, appraisal, insurance, title, and closing requirements. Rental figures are provided for informational purposes only and do not guarantee future performance.*

105 Grand Lagoon Shores Drive Unit 6, Panama City

Vendor Member Number : 28166