Price Drop: $20K
7205 Thomas Dr #E206, Panama City, FL 32408
Exp Realty Llc
3 Bedroom Homes for Sale in Lower Grand Lagoon, FL
80 Homes for Sale
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Price Drop: $20KBuilding 13 Units Available
Unit #E206
7205 Thomas Dr
$450,000 - $949,000
2 Beds
$450k+
3 Beds
$667.5k+
$699,000
5
3Bds
2Ba
1,431sqft
Single family home for sale
Century 21 Ryan Realty Inc
$399,900
7
3Bds
2Ba
1,768sqft
Single family home for sale
Corcoran Reverie
Price Drop: $10K
7405 Beach Dr #B, Panama City, FL 32408
Keller Williams Success Realty
Building 1 Unit Available
Unit #B
6627 Thomas Dr #1601, Panama City, FL 32408
Keller Williams Success Realty
Building 3 Units Available
Unit #1601
$449,900
4
3Bds
3Ba
1,601sqft
Single family home for sale
Counts Real Estate Group Inc
$525,000
8
3Bds
3Ba
2,538sqft
Single family home for sale
Think Real Estate
$895,000
5
3Bds
4Ba
2,362sqft
Single family home for sale
Era Neubauer Real Estate, Inc
Price Drop: $6K
5801 Thomas Dr #1204, Panama City, FL 32408
Paradise Properties Of Nw Florida
Building 11 Units Available
Unit #1204
5801 Thomas Dr
$299,000 - $975,000
1 Bed
$299k+
2 Beds
$415k+
3 Beds
$459.5k+
5801 Thomas Dr #621, Panama City, FL 32408
Anchor Realty Florida
$650,000
7
3Bds
3Ba
1,786sqft
Single family home for sale
Hitchcock Real Estate Llc
Price Drop: $38K
$560,000
12
3Bds
2Ba
1,799sqft
Single family home for sale
Local Insight Realty
3D Tour
$649,000
3Bds
3Ba
1,716sqft
Single family home for sale
Legacy Premier Agency
$724,900
11
3Bds
2Ba
1,100sqft
Single family home for sale
Lokation Real Estate
5801 S Thomas Dr #701, Panama City, FL 32408
Realty One Group Emerald Coast
Building 1 Unit Available
Unit #701
$511,900
8
3Bds
2Ba
1,670sqft
Single family home for sale
Dalton Wade Inc
$515,000
3
3Bds
2Ba
1,443sqft
Single family home for sale
Gulf Life Real Estate Inc
$390,000
7
3Bds
2Ba
1,147sqft
Single family home for sale
Exp Realty, Llc
3D Tour
$1,199,999
6
3Bds
3Ba
1,986sqft
Single family home for sale
Coldwell Banker Realty
7115 Thomas Dr #502, Panama City, FL 32408
Berkshire Hathaway Homeservices Beach Properties Of Florida
Building 3 Units Available
Unit #502
$569,000
9
3Bds
2Ba
1,828sqft
Single family home for sale
Beachy Beach Real Estate
Hot
$575,000
11
3Bds
3Ba
1,913sqft
Single family home for sale
Era Neubauer Real Estate, Inc
3D Tour
7205 Thomas Dr #E1206, Panama City, FL 32408
Counts Real Estate Group Inc
3D Tour
5801 Thomas Dr #1323, Panama City, FL 32408
Coldwell Banker Realty
$329,000
5
3Bds
2Ba
1,596sqft
Single family home for sale
Pineapple Properties
$365,000
13
3Bds
2Ba
864sqft
Single family home for sale
Lpt Realty Llc
Hot
$625,000
16
3Bds
2Ba
1,267sqft
Single family home for sale
Beach Haven Realty
$725,000
17
3Bds
3Ba
1,152sqft
Single family home for sale
Beach Haven Realty
$379,000
8
3Bds
2Ba
1,296sqft
Single family home for sale
Dalton Wade Inc
Price Drop: $14.6K
6201 Thomas Dr #1607, Panama City, FL 32408
Realty Mark Associates
Building 7 Units Available
Unit #1607
Watercrest Condos
$569,500 - $2,700,000
2 Beds
$569.5k+
3 Beds
$685k+
3D Tour
6627 Thomas Dr #1401, Panama City, FL 32408
Counts Real Estate Group Inc
Price Drop: $9K
5115 Gulf Dr #409, Panama City, FL 32408
The Premier Property Group
Building 8 Units Available
Unit #409
Price Drop: $24K
7205 Thomas Dr #E1701, Panama City, FL 32408
Bright Realty Solutions
6415 Thomas Dr #502, Panama City, FL 32408
Counts Real Estate Group Inc
Building 3 Units Available
Unit #502
The Princess Condominiums
$725,000 - $1,450,000
2 Beds
$725k+
3 Beds
$899k+
4+ Beds
$1.1M+
4421 Thomas Dr #101, Panama City, FL 32408
Coldwell Banker Realty
Building 2 Units Available
Unit #101
$850,000
3
3Bds
4Ba
2,375sqft
Single family home for sale
St Andrew Shores Realty Serv
3D Tour
$574,900
6
3Bds
2Ba
1,610sqft
Single family home for sale
Anchor Realty Florida
$585,000
4
3Bds
3Ba
1,589sqft
Single family home for sale
Christies International Real Estate Emerald Coast
$689,000
3
3Bds
3Ba
1,707sqft
Single family home for sale
Compass Florida, Llc
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Lower Grand Lagoon, FL Housing Market Overview
Lower Grand Lagoon is a balanced market, giving buyers and sellers room to negotiate. With 6.7 months of supply and homes averaging 49 days on the market, you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
49
Inventory
242
Sep 2021Mar 2024Mar 2026
Median Home Price
$522,500Up 0.24%
In Mar 2026 · YoY
Sep 2021Mar 2024Mar 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 242 Down 0.18%
- Newly Listed Homes
- 75 Up 0.03%
- Months of Supply
- 6.7 Down 4.60%
Housing Demand
- Homes Sold
- 36 Down 0.00%
- Sale-to-List Ratio
- 96.3% Up 1.51%
- Homes Sold Above List
- 5.6% Up 1.71%
30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Lower Grand Lagoon Market ReportNo. of Homes
Prices
No. of Homes
No. of Homes
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 9, 2026, 11:45 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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Satellite
Lower Grand Lagoon, FL Housing Market
80
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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For Sale
Price
Beds & Baths
Home Type (5)
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