Skip main navigation
Sold for $440,000 on 07/17/25
  • $440,000

    5405 S Lagoon Dr, Panama City Beach, FL 32408

    3beds
    2,128sqft
    Single Family Residence
    Built in 1972
    6,098.4 Square Feet Lot
    $442,500 Zestimate®
    $207/sqft
    $2,183 Estimated rent

    Owner options

    List your home for rent

    $2,183/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,183/mo

    Rent Zestimate®

    Refinance and save

    $2,764/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,764/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 03:45am

    Listed by:

    Ronald S Shover 603-731-9449,

    ERA Neubauer Real Estate, Inc

    Bought with:

    Leslie C Solarek, SL3495950

    Counts Real Estate Group Inc

    Brian Solarek, SL3541324

    Gulf Life Real Estate Inc

    Source: CPAR,MLS#: 775223MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Second
    • Dimensions: 17 x 13.5
    Bedroom
    • Level: First
    • Dimensions: 12.5 x 118
    Bedroom
    • Level: Second
    • Dimensions: 10 x 10
    Breakfast room nook
    • Level: First
    • Dimensions: 12.5 x 10
    Dining room
    • Level: Second
    • Dimensions: 10 x 8
    Family room
    • Level: Second
    • Dimensions: 17 x 14.5
    Foyer
    • Level: First
    • Dimensions: 88 x 4
    Other
    • Level: First
    • Dimensions: 8 x 5
    Other
    • Level: Second
    • Dimensions: 10 x 5
    Kitchen
    • Level: First
    • Dimensions: 12.5 x 10
    Kitchen
    • Level: Second
    • Dimensions: 14 x 10
    Laundry
    • Level: First
    • Dimensions: 8 x 7.5
    Living room
    • Level: First
    • Dimensions: 19 x 14.5
    Other
    • Description: Outside balcony faces Lagoon
    • Features: Balcony
    • Level: Second
    • Dimensions: 36 x 4
    Patio
    • Description: Faces backyard
    • Level: Second
    • Dimensions: 15 x 15
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven
    Features
    • Interior Steps, Entrance Foyer, Instant Hot Water
    • Flooring: Luxury Vinyl Plank
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,128 sqft

    Property

    Parking
    • Total spaces: 2
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Balcony, Covered, Patio
    • Exterior features: Deck
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Lagoon
    • Has water view: Yes
    • Water view: Lagoon
    Lot
    • Size: 6,098 sqft
    • Dimensions: 50' x 120'
    • Features: Paved
    Details
    • Additional structures: Shed(s)
    • Parcel number: 31960000000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Frame
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Utilities for property: High Speed Internet Available

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Biltmore Beach
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $442,500
    2% more+$8,850
    With Zillow Showcase(estimated)$451,350