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About This Home

This 3-bedroom, 3-bathroom townhouse at 5833 N Lagoon Drive in Panama City Beach, FL is listed for $720,000 ($327 per sqft). Built in 1997, the home offers 2,202 sqft of living space on a 0.06 acres lot.

Agent Description

Great opportunity to own a waterfront home on North Lagoon in Panama City Beach, FL! Priced well below similar properties in the area. 2300 sq ft (3 BRs, 2 full baths, 2 half baths). Bring your boat, jet ski and water toys, and enjoy life on the Lagoon!

You can be in the Gulf of Mexico fishing in minutes or fish right off the dock. Catch blue crabs, catfish, red fish and baitfish off the dock. Comes with a boat slip and 10k lb boat lift, with water and electricity on the dock. New dock in 2023 (all boards replaced).

New shingle roof and siding in 2019. New boat Lift motors in 2021. New bathroom upstairs, new toilets, new oversize washer and dryer in 2022 (conveys with home). New floor and inside paint in 2023. Open floor plan on main level allows you views of the water, and your master bedroom allows you to wake up and view the water from your bed!

Has 2 balconies and a patio to take advantage of the outdoors and sip a beverage, dine al fresco, read, or watch the dolphins and boats go by. Seawall reinforced in 2024. Hurricane shutters on sliding glass doors. Full time or part time living! Central Vac system. Rentals allowed. HOA is $500 quarterly and in good standing. Covers all lawn and yard care, dock water and electricity, and great cable package.

Key Features

  • Built in 1997
  • 0.06 acre lot
  • Waterfront

Property Details

2 full, 1 half
#A
1997

Amenities

Waterfront

Monthly Cost Estimate

$3,851/mo

20% down · 6.5% · 30 years

Principal$521
Interest$3,120
Insurance$210

Estimates only. Actual payments may vary.

Location

5833 N Lagoon Drive

Panama City Beach, FL 32408

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 5833 N Lagoon Drive is listed at $720,000 ($327/sqft). The estimated monthly payment is $3,120 based on 20% down at 6.5% interest.

Key features include: Built in 1997, 0.06 acre lot, Waterfront.

This property is listed by Steven Koleno and can be reached at 8046565007 or contact@beycome.com.

SK

Steven Koleno

Agent at Beycome of Florida LLC

(804) 656-5007

Listed by Beycome of Florida LLC · View on Broker Site

MLS# 769107· Source: listhub· Updated 466 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5833 N Lagoon Drive, Panama City Beach, FL 32408

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