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Richard Eimers

richard@destinrealestate.com +1(850) 259-1798

$ 1,475,000

Est. payment | -/mo

4 Beds

4 Baths

2,625 SqFt

Save

$ 1,475,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,625 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,625 sqft

Price per Sqft $561

Subdivision Silver Sands Unit 1

MLS Listing ID 1003676

Style Contemporary

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1983

Annual Tax Amount $10,730

Tax Year 2025

Lot Dimensions 176x53

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2625

Property Description

Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions. Thoughtfully renovated from top to bottom, the home features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor and the primary suite plus two additional bedrooms on the second level. Upon entering, the bright, contemporary design showcases fresh paint, updated lighting, and stylish fixtures throughout. New flooring flows seamlessly across the home with no carpet, creating a clean and low-maintenance environment ideal for both full-time living and high-traffic use. The fully redesigned kitchen is a standout, featuring white cabinetry, sleek countertops, and brand-new appliances that offer both style and functionality. Two of the three upstairs bedrooms feature private balconies with water views. Plus the primary bath has a jacuzzi tub and separate shower. Outdoors is resort-style living at its finest! The backyard is built for entertaining, complete with a gunite pool, relaxing spa, and multiple levels of newer Trex composite decking all with lagoon views. For the boating and water enthusiasts, this property is exceptionally well equipped with deep-water frontage and an incredible covered dock! One side features a 40' x 20' roof over a 24,000 lb boat lift that can accommodate approximately a 35' boat. The second dock includes a 16' x 24' roof over a 12,000 lb lift suited for up to 21'. Two jet ski float pads provide additional convenience and storage. This convenient location provides easy access to St. Andrews Bay, Shell Island, and the Gulf. Additionally, the home has already been connected to city sewer, which is both expensive and rare in the lagoon area. Situated on a quiet stretch of South Lagoon Drive and only a few blocks from the area's renowned beaches, Rick Seltzer Park, and multiple dining options, this property is ideally positioned to capitalize on Panama City Beach's strong vacation rental demand. Whether utilized as a primary residence, second home, or income-producing investment, this turnkey waterfront property delivers exceptional versatility and value. Schedule your showing today. A walk-through video is available.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Single Family

Direction Travel from Front Beach Road, and turn south onto Joan Avenue. From Joan Avenue turn left onto Thomas Drive and travel east approximately 1 mile. Turn left onto Silver Sands Road and travel until it dead ends. 8120 S Lagoon Drive is at the end of Silver Sands Road right in front of the intersection of Silver Sands Road and South Lagoon Drive.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Kitchen true

Interior

Cooling Central Air

Appliance Dishwasher, Microwave, Refrigerator, Stove/Oven Electric

Exterior

Exterior Feature Balcony, Boatlift, Dock, Fenced Back Yard, Pool - Gunite Concrt, Boatlift, Dock, Gunite Pool, Fenced Backyard, Privacy Fence, Balcony

Fence Fenced Privacy

Pool Pool Type

Utilities Available Electric

Waterfront Description Lagoon

View Lagoon

Roof Type Metal

Street Surface Paved

Garage No

Building

Faces Travel from Front Beach Road, and turn south onto Joan Avenue. From Joan Avenue turn left onto Thomas Drive and travel east approximately 1 mile. Turn left onto Silver Sands Road and travel until it dead ends. 8120 S Lagoon Drive is at the end of Silver Sands Road right in front of the intersection of Silver Sands Road and South Lagoon Drive.

Story 2

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 30196-073-000

Listed by Courtney Pantalena Coldwell Banker Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 259-1798

richard@destinrealestate.com

17 Roundwood Dr, Inlet Beach, Florida, 32461, USA

8120 S Lagoon DR Panama City Beach, FL 32408