8829 N Lagoon Drive, Panama City, FL 32408

• 4 beds |
• 3 baths |
• 3,086 sqft

Property Description

Welcome to Poseidon's Palace—a 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 sunscreen—the 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.

Listing Status:

Active

Date Added:

November 4, 2025 at 06:00AM

Listing Office:

Counts Real Estate Group Inc : 850-249-3615

MLS ID:

781210

Interior

• General: Smart Thermostat
• Appliances: Gas OvenGas RangeGas Water HeaterIce Maker
• Flooring: Luxury Vinyl Plank
• A/C: Central AirCeiling Fan(s)
• Heating: CentralElectricFireplace(s)
• Fireplace: Fireplace

Exterior

• General: DeckDockPergola
• Style: Traditional
• Other Structures: PergolaDeck
• Pool: GuniteGas HeatIn Ground
• Parking: Circular Driveway

Construction

• General: BrickHardiPlank Type

Location

• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: 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 209630218-000-000
• View: BayView
• Fencing: Fenced

Utilities

• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR

This listing courtesy of Counts Real Estate Group Inc