Find Your Emerald Coast Home Live the Gulf Life!

Coastal

224 E Lakeshore Drive

Panama City Beach , FL 32413

MLS#: 783112

$1,200,000

Status: Active
Listing number: 783112
Listing provided by: Think Real Estate
Listing agent phone: None
Last update: 17 days ago
On site: 17 days ago
Browse Properties
[No Recorded Subdiv] - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

1

Year Built

1990

Sq.Footage

N/A

Prime development opportunity in the heart of Laguna Beach! Located just ~390 yards from the Gulf and near the area's highly sought-after ''Reserved Beach'', 224 E Lakeshore Drive offers exceptional upside for builders, developers, and long-term investors. This .407-acre parcel is zoned Bay County R-2 (Urban), allowing for duplexes, townhomes, and multiple dwelling units, making it ideal for redevelopment. The true value lies in the development flexibility—the property may be subdivided into multiple lots (up to approximately 4, subject to county approval) or developed as a multi-unit project, including duplexes or townhomes. The R-2 zoning supports a variety of configurations, including: Duplex or townhome development Potential lot splits for multiple single-family or attached residences Higher-density residential build-out consistent with surrounding newer construction City utilities are available, and the site is surrounded by newer homes and townhome projects, reinforcing both market viability and resale potential. Whether your strategy is to split lots, build duplexes, or develop townhomes, this property presents a rare opportunity west of Front Beach Road in an area with limited remaining undeveloped land.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Brick

  • Patio and Porch Features

    Patio, Enclosed, Covered, Porch

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.41

  • Property Type

    Residential

  • Architectural Style

    Coastal

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    1729.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of The Sanchez Group , Think Real Estate

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Opey Russ

Broker

Opey Russ

Call Opey today to schedule a private showing.

(850) 699-1996

Opey@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime development opportunity in the heart of Laguna Beach! Located just ~390 yards from the Gulf and near the area's highly sought-after ''Reserved Beach'', 224 E Lakeshore Drive offers exceptional upside for builders, developers, and long-term investors. This .407-acre parcel is zoned Bay County R-2 (Urban), allowing for duplexes, townhomes, and multiple dwelling units, making it ideal for redevelopment. The true value lies in the development flexibility—the property may be subdivided into multiple lots (up to approximately 4, subject to county approval) or developed as a multi-unit project, including duplexes or townhomes. The R-2 zoning supports a variety of configurations, including: Duplex or townhome development Potential lot splits for multiple single-family or attached residences Higher-density residential build-out consistent with surrounding newer construction City utilities are available, and the site is surrounded by newer homes and townhome projects, reinforcing both market viability and resale potential. Whether your strategy is to split lots, build duplexes, or develop townhomes, this property presents a rare opportunity west of Front Beach Road in an area with limited remaining undeveloped land.

224 E Lakeshore Drive

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 3 days ago
&#127796;Luxury 5-Bedroom Poolside Cottage at Margaritaville Beach Cottage Resort - Panama City Beach&#127796; Your Gateway to Paradise! Experience the ultimate coastal lifestyle at Margaritaville Beach Cottage Resort #31, Panama City Beach's only full-service beachfront resort. This exceptional 5-bedroom, 4.5-bath Caribbean-inspired cottage offers a rare blend of luxury living, resort-style amenities, and outstanding vacation-rental potential. Offering approximately 2,100+ square feet of heated and cooled living space, plus covered outdoor living areas, this thoughtfully designed home is ideal for personal use, second-home ownership, or potential high-performing short-term rentals. With direct access to the resort-style pool and just steps from the private beach, this property delivers an elevated guest experience even during peak seasons. &#127969;The Home Step inside to a bright, coastal-chic retreat where modern beach elegance meets comfort and functionality. The open-concept floor plan is designed for entertaining and effortless living, highlighted by luxury vinyl plank flooring, 10-foot ceilings on the main level, and abundant natural light. The chef-inspired kitchen features white quartz countertops, a large island with seating for four, stainless steel gas appliances including a 36-inch range, and an adjacent dining area with seating for eight—perfect for hosting family and guests. The first-floor primary suite offers privacy and convenience with an ensuite bath featuring dual vanities and a walk-in shower, while a well-placed powder room serves the main living area. Upstairs, the home includes two additional ensuite bedrooms, two guest bedrooms connected by a Jack-and-Jill bath, and a discreetly tucked-away laundry area with built-in storage. Enjoy outdoor living on the furnished patio, ideal for relaxing after a day at the beach or pool. &#127754;Resort Lifestyle & Amenities Margaritaville Beach Cottage Resort is a fully built-out, full-service beachfront community offering an impressive lineup of amenities: 580 feet of private beachfront with chair & umbrella service 2.5-acre heated oasis pool 425-foot lazy river and waterslides Poolside food & beverage service Paddleboard and kayak rentals Game lawn and beachfront activities On-site professional rental management team Daily resort services The resort's multi-level entertainment center is now open and beautifully completed, featuring a full-service restaurant, fully equipped fitness center, arcade, conference and event spaces, creating an exceptional environment for vacation rentals, corporate retreats, family reunions, and group gatherings. &#128205;Prime Panama City Beach Location Located just 2 miles from Pier Park, owners and guests enjoy easy access to championship golf, premier dining, shopping, entertainment, fishing, boating, and the iconic emerald waters of the Gulf of Mexico. Located 15.7 miles from Northwest Florida Beaches International Airport. &#11088;Investment & Lifestyle Opportunity Backed by a globally recognized coastal luxury lifestyle brand and supported by on-site professional rental management, this property represents a rare opportunity to own a luxury poolside cottage in one of Panama City Beach's most desirable resort communities. Live the dream. Share the dream. Welcome to Margaritaville Beach Cottage Resort #31.
#783789

Panama City Beach

13649 Banana Wind Way 31

5 Beds

4 Baths

2,128 Sq.Ft.

$1,239,120

MLS#: 783789

New on site 3 days ago
Tucked inside The Pointe at Lake Powell, this beautifully appointed four-bedroom home offers the perfect balance of indoor comfort and outdoor coastal living. Set just east of Inlet Beach and a short ride to both 30A and Camp Helen State Park, the location places you minutes from sugar-white beaches, boutique shopping, dining, and some of the best scenery the Emerald Coast has to offer. Sold fully furnished and turn-key, the home makes settling in effortless. The beach is just a fun short golf cart ride away, adding even more convenience to the laid-back lifestyle. With deeded access to a private boat dock on Lake Powell, days on the water are just a few steps from your door. Whether it's a quiet paddle, a sunset cruise, or pulling up to the beach from the lake side, this is waterfront living at its best. Back at the house, the fenced backyard is a retreat of its own, featuring a sparkling pool, raised spa, and sun deck surrounded by lush landscaping. Two levels of covered porches offer peaceful views of the lake and breezy spaces to relax with morning coffee or end the day with a coastal sunset. Inside, the home opens to a spacious, light-filled layout with an open-concept kitchen, living, and dining area. The kitchen is designed for both function and entertaining, with a large center island, quartz countertops, stainless appliances, gas cooktop, walk-in pantry, and stylish lighting throughout. The main level also includes one of the two primary suites, with a luxurious bath, walk-in shower, soaking tub, and large closet. Upstairs, the second primary suite offers its own private balcony overlooking the lake, while two additional guest rooms enjoy access to another outdoor deck with pool views. A shared Jack & Jill bath, ample closet space, and a convenient office nook complete the upper level. The two-car garage and extended driveway provide plenty of space for vehicles and beach gear. Whether you're headed out for a boat ride, entertaining by the pool, or exploring nearby 30A or Panama City Beach, this home delivers the full spectrum of laid-back coastal living in the perfect location.
#783761

Panama City Beach

728 Wild Heron Way

4 Beds

3 Baths

2,650 Sq.Ft.

$1,150,000

MLS#: 783761

New on site 4 days ago
Incredibly unique opportunity to own FOUR income producing units with this mostly-furnished Quadplex, ideally situated just steps from the sugar-white sands of Panama City Beach. Located in the heart of PCB, this property offers the perfect blend of convenience and charm. With Pier Park, St. Andrews State Park, and world-class dining and entertainment just minutes away, you'll never lack for activities or visitors! Currently, all four units are occupied as long-term rentals, providing immediate, reliable income. However, with no restrictions for short-term rentals, this property presents a lucrative potential for even higher returns.
#992992

Panama City Beach

605 Dogwood Street A B C D

8 Beds

8 Baths

3,080 Sq.Ft.

$1,199,000

MLS#: 992992

New on site 4 days ago
Tucked inside The Pointe at Lake Powell, this beautifully appointed four-bedroom home offers the perfect balance of indoor comfort and outdoor coastal living. Set just east of Inlet Beach and a short ride to both 30A and Camp Helen State Park, the location places you minutes from sugar-white beaches, boutique shopping, dining, and some of the best scenery the Emerald Coast has to offer.Sold fully furnished and turn-key, the home makes settling in effortless. The beach is just a fun golf cart ride away, adding even more convenience to the laid-back lifestyle. With deeded access to a private boat dock on Lake Powell, days on the water are just a few steps from your door. Whether it's a quiet paddle, a sunset cruise, or pulling up to the beach from the lake side, this is waterfront living at its best. Back at the house, the fenced backyard is a retreat of its own, featuring a sparkling pool, raised spa, and sun deck surrounded by lush landscaping. Two levels of covered porches offer peaceful views of the lake and breezy spaces to relax with morning coffee or end the day with a coastal sunset. Inside, the home opens to a spacious, light-filled layout with an open-concept kitchen, living, and dining area. The kitchen is designed for both function and entertaining, with a large center island, quartz countertops, stainless appliances, gas cooktop, walk-in pantry, and stylish lighting throughout. The main level also includes one of the two primary suites, with a luxurious bath, walk-in shower, soaking tub, and large closet. Upstairs, the second primary suite offers its own private balcony overlooking the lake, while two additional guest rooms enjoy access to another outdoor deck with pool views. A shared Jack & Jill bath, ample closet space, and a convenient office nook complete the upper level. The two-car garage and extended driveway provide plenty of space for vehicles and beach gear. Whether you're headed out for a boat ride, entertaining by the pool, or exploring nearby 30A or Panama City Beach, this home delivers the full spectrum of laid-back coastal living in the perfect location.
#992930

Panama City Beach

728 Wild Heron Way

4 Beds

3 Baths

2,650 Sq.Ft.

$1,150,000

MLS#: 992930

Can you imagine owning your own beach house just ONE BLOCK from the pristine Gulf? This exceptional coastal retreat offers a private pool in a fenced backyard, just steps from the highly sought-after Public Beach Access 74, in a prime West Panama City Beach location—only minutes from Northwest Florida Beaches International Airport. Whether you're seeking a high-performing investment or a personal beach escape, this property delivers. With six-figure rental potential (approx. $97K annually at just 45% occupancy), it's as smart as it is stunning. Built only 8 years ago, the home features a metal roof with concrete shake and siding exterior for lasting durability and peace of mind. As you arrive, you'll catch peek-a-boo Gulf views right from the driveway. A charming covered front porch sets the tone, while the custom paver driveway provides ample space for vehicles or a golf cart and leads to a side gate opening onto the pool deck and outdoor shower. Inside, the home welcomes you with thoughtfully curated coastal décor and beach-inspired sustainable wood flooring. The kitchen shines with white cabinetry, quartz countertops, a custom glass backsplash, and a carefully selected designer color palette. A spacious breakfast bar overlooks the pool, complemented by a full stainless-steel appliance package. French doors open to your private backyard oasis—complete with a sparkling pool, paver deck, BBQ grill station, wood-burning fire pit, and a cozy covered porch overlooking lush landscaping and palm trees. This home is professionally decorated and sold fully furnished, making it truly turn-key. The main level offers a king bedroom suite with a custom walk-in shower, plus a convenient half bath for guests and an additional outdoor shower. Upstairs, you'll find two additional luxury suites with full baths, along with a bunk bedroom loft with closet and Gulf-side views. Comfortably sleeping 8-10 guests, the layout is ideal for both owners and renters. Additional highlights include custom lighting, designer tile, glass shower doors, polished nickel hardware, double vanities, generous storage, and three covered porches for enjoying the coastal breeze. Ideally located less than a mile from Thomas Donuts & Café, two miles to Carousel Supermarket, and convenient to Pier Park, 30A, Rosemary Beach, and Inlet Beach dining and entertainment. What are you waiting for? This is coastal living—and investing—at its finest.
#783593

Panama City Beach

217 Sands Street

4 Beds

3 Baths

2,081 Sq.Ft.

$1,250,000

MLS#: 783593

LOCATION! LOCATION! LOCATION! This fabulous double-lot resort home with a pool is perfectly situated on South Lagoon in the heart of Panama City Beach's highly desirable east end. Just a short walk to the World's Most Beautiful Beaches and Grand Lagoon, this prime location also offers 2 nearby boat ramps with lagoon access to the Gulf. This inviting, one-of-a-kind custom beach home features soaring 16-foot ceilings in the living room, beautiful LVP flooring, coastal colors, shiplap accents, three spacious bedrooms, stainless steel appliances, and granite countertops. Outdoor living truly shines with multiple entertaining spaces, a pool added in 2021, and a brand-new relaxing hot tub. The possibilities are endless...use as a primary residence, a relaxing personal resort, a high-performing vacation rental, or divide the lots and build on the second parcel. Additional features include a standing-seam metal roof, a two-car garage, a separate storage shed, and a private well for the sprinkler system. Located in a golf-cart-friendly neighborhood with no HOA, you'll enjoy easy access to the beach, Grand Lagoon, St. Andrews State Park, boating, dining, and entertainment. Call today to make this exceptional property your primary home, vacation getaway, or investment opportunity!
#783499

Panama City Beach

6611 S Lagoon Drive

3 Beds

2 Baths

1,954 Sq.Ft.

$975,000

MLS#: 783499

OPEN HOUSE 1/18 1pm-3pm. Turnkey Rental-Ready Beach House: 4BR/3BA + Bonus Room, Sleeps 14. Enjoy a short 3-minute stroll from your front door to the beautiful Gulf beach access—pristine white sands and emerald waters await! Fully furnished and 100% rental-ready from day one. Exceptional investment opportunity or family beach retreat - immediate occupancy or income potential. This stunning home was fully renovated by a reputable licensed Florida general contractor. The 4-bedroom, 3-bathroom property with a third-floor bonus room comfortably sleeps 14 and is located just a 3-minute walk across from Rick Seltzer Park (Beach Access 17). Enjoy 170 feet of dedicated, pristine Gulf frontage. This rare, open beach setting features one of the three lifeguard stands in PCB, outdoor showers, and a peaceful, natural vibe - perfect for families, renters, and personal escapes. Subtle Gulf views from the upper balconies, hurricane-impact windows and doors (lower insurance costs - no storm shutters needed), and exclusive access to a community pool and hot tub shared by only five homes. Upgrades include fire safety system to meet Panama City Beach short-term rental fire safety requirements. Turnkey furnished with all new mattresses, bedding, towels, blankets, sheets, TVs, fully stocked kitchen (dishes, appliances, everything needed), washer/dryer, outdoor furniture, programmable code door lock for easy remote guest access, and more. Proven rental potential in a prime location. The open-concept main floor offers bright living, dining, and kitchen areas with stainless steel appliances, gas range, quartz countertops, tile backsplash, and recessed lighting. A spacious primary suite on the main level includes direct backyard access. Upstairs, the second primary suite features vaulted ceilings, walk-in closet, private balcony, and spa-style bath with soaking tub and walk-in tile shower. Two additional bedrooms - one with twin-over-twin bunk and one with queen-over-queen bunk - share a modern hall bath with tub/shower combo. The third-floor bonus room includes four built-in twin bunks, gaming nook, and private balcony with Gulf views - ideal for kids and teens. Outdoors, enjoy the rare private backyard (the only one in the community) with low-maintenance turf, putting green, firepit, grilling area, and space for yard games. Renovations are to include hurricane-impact windows and doors throughout, new Hardie Board siding, new exterior decking, Navien tankless water heater, Complete interior remodel with new flooring, new trim and interior doors, new cabinetry, built-in bunks, quartz countertops, tile showers, designer fixtures, recessed lighting, and much more. This home delivers unbeatable location, luxury, and low-hassle ownership - steps to sugar-white sands yet away from the crowds. Schedule your private showing today!
#783145

Panama City Beach

7508 Thomas Drive

4 Beds

3 Baths

2,134 Sq.Ft.

$985,000

MLS#: 783145

Situated in the heart of Margaritaville Beach Cottage Resort, this thoughtfully designed beach cottage delivers a carefree, resort-style lifestyle paired with exceptional short-term rental potential. Just steps from the community's vibrant centerpiece, The Club, owners and guests enjoy access to a resort-caliber amenity set, including an expansive oasis-style pool, towering waterslide, lazy river, and poolside bar and grill with full-service dining. A short stroll leads to 580 feet of dedicated sugar-white sand beach, where chair and umbrella service, beachside dining, and the emerald waters of the Gulf create the quintessential 30A experience. Coming this June, the resort's amenity suite expands further with the debut of the License to Chill Restaurant, a state-of-the-art fitness center, and a family-friendly arcade. Inside, the cottage's open-concept floor plan is designed for gathering, with abundant natural light and coastal-inspired interiors that evoke a bright, playful beach aesthetic. The gourmet kitchen features a striking oversized quartz island, ideal for entertaining. The main-level primary suite opens directly to a private six-person hot tub, offering a peaceful retreat after a day at the beach. Thoughtfully furnished and turn-key, this home is perfectly positioned to serve as a personal getaway or high-performing rental, blending relaxed luxury with long-term investment value.
#775306

Panama City Beach

129 Paradise Found Circle

5 Beds

4 Baths

2,128 Sq.Ft.

$1,125,000

MLS#: 775306

Rare opportunity to own both sides of a beautifully updated duplex in West Panama City Beach with picturesque views of Lake Powell, one of Florida's largest and most pristine coastal dune lakes. Located in the Pirates Cove community, this exceptional property boasts exclusive access to the Gulf via a private dock and boat launch, offering a refined coastal lifestyle ideal for boating, fishing, paddle boarding, and kayaking. Enjoy direct water access from your own backyard, while being just minutes from the sugar-white sands of the Gulf, the boutiques and dining along Scenic Highway 30A, and the natural beauty of Camp Helen State Park. (149 CAIN ROAD AND 150 CAIN ROAD BEING SOLD TOGETHER PARCEL IDS: 35257-060-000 AND 35257-050-000) Pirates Cove also features two community pools, and the elevated coastal design of this home provides spacious covered parking beneath the home, accommodating multiple vehicles, a boat, and offering flexibility for storage and outdoor gear. The interiors feature a bright, open-concept layout with a relaxed coastal aesthetic and thoughtful updates throughout. Expansive living and dining areas are filled with natural light, creating an open and inviting space ideal for entertaining. Updated kitchens showcase granite countertops, stainless steel appliances, gray shaker cabinetry, and generous bar seating, seamlessly connecting to the living and dining spaces. Both units are tastefully updated, turn-key furnished, and supported by a strong rental history, making this an exceptional investment opportunity, multi-family retreat, or private coastal getaway.
#783062

Panama City Beach

149/150 Cain Road

4 Beds

4 Baths

2,304 Sq.Ft.

$975,000

MLS#: 783062

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service