9129 N Lagoon Drive, Panama City Beach, FL 32408

$6,500,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 304,920 Status: Active
Current Price: $6,500,000 List Date: 9/05/2023 Last Modified: 12/29/2025

Overview

Description

7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Listing Details MLS# 931581

Contract Info

GCCMLS Number
30854237
Listing Board
Emerald Coast

Location Tax and Legal

Area
27 - Bay County
Street #
9129
Street Direction
N
Street Name
Lagoon
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Parcel ID
30185-005-000

General Property Info

Listed on GCCMLS
Yes
Vacant
Yes
Immediate Occupancy
Yes
Acreage
7
Lot Frontage
885
Future Land Use
Tourist District/Commercial High Intensity

Location, Tax and Legal

Sub Area
2719 - Beach - East
Legal Description
6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015

More Information

Listing Info, Tax & Legal

As Is
Yes

Remarks & Misc

Remarks
7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Class

Hotel/Motel
Yes
Multi-Family
Yes

Construction Status

N/A
Yes

Property Features

Class: Hotel/Motel; Multi-Family Construction Status: N/A
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 29 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.