7005 S Lagoon Drive Panama City Beach, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Listed By: Keller Williams Success Realty

  7005 S Lagoon Drive Panama City Beach, FL 32408

Active (24 Days)
$425,000 (USD)
3
BED
2
BATH
1,156
SQFT

Description

Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.

MLS #:
791330
Lot Size
6,098 SQFT
Type
Single-Family Home
Year Built
1978
Style
Coastal
County
Bay County
Community
Holiday Beach Unit 13

Listed By

Mindi a Sato, Keller Williams Success Realty
Source
CENTRAL PANHANDLE
Last checked Jul 8 2026 at 7:38 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Electric Range
  • Electric Water Heater
  • Main Level Primary
  • Shower Only
Subdivision
  • Holiday Beach Unit 13
Property Features
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Central
  • Central Air
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Electricity Available
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/8/26 00:38