USAFLPanama CityBiltmore Beach5501 Lagoon Way
5501 Lagoon Way, House other with 3 bedrooms, 2 bathrooms and null parking in Panama City FL | Image 1
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$315,000

5501 Lagoon Way, Panama City, FL

House

For Sale

$--,---,---
320
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1736 sqft
Garage No
Taxes $634
Days Active 132
Lot Size 
Approx. Age 1977
Avg. Price Per Sqft $181
MLS® Number 771218

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Just five blocks from the sugar-white sands of Panama City Beach and within walking distance to the lagoon and a public boat ramp, 5501 Lagoon Way offers a unique opportunity in a prime coastal location. This 3-bedroom, 2-bathroom home features a flex space off the Florida room, ideal for a home office, playroom, or hobby area. Originally a 2-bedroom, 1-bath layout, the home was expanded to include a third bedroom and second full bathroom through a garage conversion that was previously used as a private beauty salon. A wood-burning fireplace adds charm to the main living area, and while the home showcases a vintage design, several major system upgrades have been completed. Recent improvements include storm-rated double-pane vinyl windows installed in 2024, a roof replacement in 2019, and updated wood siding on the back of the home in 2022 with new base trim around the entire exterior. The HVAC system was replaced around 2019, and the Whirlpool water heater, 2022 stainless steel LG refrigerator, and 2021 Samsung front-load washer and dryer offer modern comfort and efficiency. The addition was fully insulated, and the home is located in Flood Zone X. The septic system is situated in the front yard for easy access. All information is deemed reliable but not guaranteed. Buyer to verify all information.Show Description
MLS® Number771218
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1977
Basement
DrivewayCarport, Driveway
Garage Spaces
HeatCentral, Electric, Fireplaces
A/CCentral Air, Electric, Window Units
Heating Fuel

Extras

Rooms

Show Details
Laundry:First6.1 × 4.4 ft
Bedroom 1:First9.11 × 12.1 ft
Office:First12.9 × 13.3 ft
Other:First7.4 × 9.8 ft
Other:First18.5 × 9.8 ft
Bathroom 1:First4.11 × 7.11 ft
Other:First7.5 × 7.11 ft
Bathroom 2:First7.1 × 8.2 ft
Living Room:First11.2 × 19.2 ft
Kitchen:First12.8 × 19.2 ft

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