8520 N Lagoon Drive
Panama City, FL 32408
Beds: 2 
Baths: 2 full 
SQFT (H&C): 1,542
MLS# 782549No-HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2-bedroom, 2-bath coastal townhome sits in one of the most desirable pockets of Panama City Beach?less than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income-producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: ? No HOA: Flexibility, freedom, and lower overhead. ? Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. ? 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. ? 2 Full Baths: Convenience for guests and personal use. ? Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. ? Perfect for a Second Home: Use it when you want?earn income when you're away. A rare, no-HOA opportunity this close to the beach doesn't come around often. Your coastal investment?and personal retreat?awaits.
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Listed By / Shown By
Listed By
Agency Name: Dalton Wade Inc
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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8520 N Lagoon Drive | MLS# 782549
This townhouse located at 8520 N Lagoon Drive, Panama City, FL 32408 is currently listed for sale with an asking price of $270,000. This property was built in 1984 and has 2 bedrooms and 2 full baths with 1542 sq. ft. N Lagoon Drive is located in the Grand Lagoon Shores 1 subdivision. Search Grand Lagoon Shores 1 real estate on www.beachybeach.com today.