7848 Grand Lagoon Way, Panama City Beach, FL, 32408
About This Home
LAGOON LIVING with boat slip and dock in the exclusive gated community of Grand Lagoon Pointe, where luxury waterfront living meets direct boating access to the Gulf of Mexico. This Lot 7 Cobia Plan offers 4 bedrooms, 3 full bathrooms, plus a flex space. Designed for both everyday living and effortless entertaining, the open-concept main living area features a stunning 72-inch gas fireplace and a chef-inspired kitchen complete with a 48-inch professional gas range, oversized island, custom cabinetry, and premium finishes throughout. The primary suite is conveniently located on the main level, offering peaceful views of Grand Lagoon. Multiple covered porches provide the perfect setting to relax with your morning coffee, unwind after a day on the water, or watch dolphins play right from your backyard. Outdoor living is equally impressive with an outdoor bar, ideal for entertaining after a day of boating or fishing. The lower-level basement storage is thoughtfully designed with plenty of room for kayaks, paddle boards, fishing poles, water toys, and comes prepped with an ice maker stub-out. Each waterfront homesite includes a boat slip providing direct access from Grand Lagoon to the Gulf of Mexico. Residents also enjoy a community pool, green space, and a prime location to beach access. *USE 7900 S LAGOON DRIVE IN GPS*
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2025
Materials
- Roof: Shingle
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Gas Range
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
- Dimensions: 18 x 13
Features
- Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s)
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,678
- Total interior livable area: 2,678 sqft
Kitchen
- Level: First
- Dimensions: 10.5 x 17.5
Living Room
- Level: First
- Dimensions: 18 x 14.5
Master Bedroom
- Level: First
- Dimensions: 17.5 x 16
Property
Details
- Parcel number: 30184700014
- Zoning description: Resid Single Family
Features
- Levels: Two
- Stories: 2
- Pool features: Community
- Patio & porch: Patio
- Exterior features: Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Lagoon
Lot
- Features: Paved
- Lot size dimensions: TBD
Parking
- Total spaces: 2
- Parking features: Gated
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,591 | $103,092 |
| Home Insurance * | $2,338 | $28,056 |
| Property Taxes | $835 | $10,020 |
| Electricity | $269 | $3,234 |
| Total | $12,033 | $144,396 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-16 | Price change | $1,699,000 |
| 2026-03-25 | Pending sale | $1,550,000 |
| 2025-10-22 | Price change | $1,550,000 |
| 2025-04-02 | Price change | $1,450,000 |
| 2024-11-18 | Listed for sale | $1,300,000 |
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