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Wade M. Berlin

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8829 Lagoon Drive
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PRICED AT ONLY: $1,125,000

Address: 8829 Lagoon Drive, Panama City, FL 32408

Description

Welcome to Poseidon's Palacea waterfront retreat blending laid back coastal living with proven short term rental performance. This 4 bedroom, 3 bath home features a split layout for privacy, a dedicated game room, and a private gas heated pool just steps from the water. Bring your boat and your sunscreenthe property includes a private dock with quick access to both the Bay and the Gulf for fishing, sandbar hopping, and sunset cruises. This home was fully renovated in 2022 with new custom bathrooms, kitchen cabinets, granite counters, high end appliances, flooring, lighting, new water heater, new HVAC, new pool paver deck, pool, & gas heater (2023), new 400 sqft Trex deck, new dock decking, exterior paint, custom landscaping. Investors will appreciate the consistency: 2023 gross $156,384, 2024 gross $153,539, and $167,863 already on the books for 2025. Multiple living areas and a smart bedroom distribution make it ideal for multi generational stays and larger groups, while the indoor outdoor flow turns every day into a vacation. Whether you keep it as a top performing STR or claim it as your own coastal getaway, Poseidon's Palace delivers comfort, flexibility, and year round appeal.
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  • MLS#: 781210 ( Residential )
  • Street Address: 8829 Lagoon Drive
  • Viewed: 27
  • Price: $1,125,000
  • Price sqft: $365
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BayAccess
  • Year Built: 1967
  • Bldg sqft: 3086
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 40
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Deck, Dock
  • Fencing: Fenced
  • Flooring: LuxuryVinylPlank
  • Living Area: 0.00
  • Other Structures: Pergola
Land Information
  • Lot Features: SprinklerSystem, Paved
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: CircularDriveway
Eco-Communities
  • Pool Features: Gunite, GasHeat, InGround
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central, Electric, Fireplaces
  • Sewer: PublicSewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: GasOven, GasRange, GasWaterHeater, IceMaker
  • Interior Features: SmartThermostat
  • Legal Description: 6 4S 15W -11.222- BEG 337.5' EAST & 1722.5' SOUTH OF THE NW COR OF NE1/4 OF NW1/4 TH RUN S54øE 767.65' ALONG SLY R/W LINE OF N LAGOON DR FOR POB TH CONT SELY ALONG SAID R/W LINE 100' TH 90ø TO THE RIBHT 200' M/L TO WATERS OF GRAND LAGOON TO A POINT 90ø FROM POB TH RUN NELY 200' M/L TO POB AKA LOT 8 BLK 3 OF LAGOON HEIGHTS UNREC. DB 234 P 63 ORB 4457 P 2096
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30218-000-000
  • Style: Traditional
  • The Range: 0.00
  • View: Bay
  • Views: 27
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin