6201 Thomas Dr #401, Panama City, FL 32408
Keller Williams Success Realty
Waterfront Homes for Sale in Lower Grand Lagoon, FL
130 Homes for Sale
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Building 7 Units Available
Unit #401
Watercrest Condos
$569,500 - $2,700,000
2 Beds
$569.5k+
3 Beds
$685k+
Price Drop: $20K
7205 Thomas Dr #E206, Panama City, FL 32408
Exp Realty Llc
Building 13 Units Available
Unit #E206
7205 Thomas Dr
$450,000 - $949,000
2 Beds
$450k+
3 Beds
$667.5k+
6505 Thomas Dr #503, Panama City, FL 32408
Corcoran Reverie
Building 18 Units Available
Unit #503
5115 Gulf Dr #104, Panama City, FL 32408
Keller Williams Success Realty
Building 8 Units Available
Unit #104
3D Tour
3600 Thomas Dr #D302, Panama City, FL 32408
Counts Real Estate Group Inc
Building 3 Units Available
Unit #D302
3D Tour
$1,278,000
6
4Bds
3Ba
2,400sqft
Sale Pending
Century 21 Ryan Realty Inc
Price Drop: $11K
5004 Thomas Dr #808, Panama City Beach, FL 32408
Keller Williams Success Realty
Building 5 Units Available
Unit #808
5717 Thomas Dr #C140, Panama City, FL 32408
Dalton Wade Inc
Building 2 Units Available
Unit #C140
6505 Thomas Dr #707, Panama City, FL 32408
Counts Real Estate Group Inc
6627 Thomas Dr #1601, Panama City, FL 32408
Keller Williams Success Realty
Building 3 Units Available
Unit #1601
8730 Thomas Dr #308, Panama City, FL 32408
Counts Real Estate Group Inc
Building 13 Units Available
Unit #308
8730 Thomas Dr
$159,000 - $425,000
1 Bed
$159k+
2 Beds
$270k+
3 Beds
$339k+
3600 Thomas Dr #D207, Panama City, FL 32408
Legacy Premier Agency
New Construction
$1,699,000
12
4Bds
3Ba
2,678sqft
Single family home for sale
Century 21 Commander Realty
$895,000
5
3Bds
4Ba
2,362sqft
Single family home for sale
Era Neubauer Real Estate, Inc
8517 Surf Dr #203, Panama City, FL 32408
Northwest Florida Realty, Llc
Building 1 Unit Available
Unit #203
Price Drop: $10K
5801 Thomas Dr #814, Panama City, FL 32408
Innerscope Realty Llc
Building 11 Units Available
Unit #814
5801 Thomas Dr
$299,000 - $975,000
1 Bed
$299k+
2 Beds
$415k+
3 Beds
$459.5k+
Price Drop: $6K
5801 Thomas Dr #1204, Panama City, FL 32408
Paradise Properties Of Nw Florida
5801 Thomas Dr #621, Panama City, FL 32408
Anchor Realty Florida
6505 Thomas Dr #1009, Panama City, FL 32408
Counts Real Estate Group Inc
7205 Thomas Dr #A604, Panama City, FL 32408
Counts Real Estate Group
6213 Thomas Dr #507, Panama City, FL 32408
Counts Real Estate Group Inc
Building 6 Units Available
Unit #507
3D Tour
$3,995,000
3
7Bds
9Ba
4,715sqft
Single family home for sale
Compass Florida, Llc
3D Tour
$3,725,000
6
6Bds
6Ba
3,448sqft
Single family home for sale
Corcoran Reverie
8200 Surf Dr #A205, Panama City Beach, FL 32408
Compass Florida, Llc
Building 1 Unit Available
Unit #A205
5801 S Thomas Dr #701, Panama City, FL 32408
Realty One Group Emerald Coast
Building 1 Unit Available
Unit #701
3600 Thomas Dr #D307, Panama City Beach, FL 32408
Anchor Realty Florida
Price Drop: $26K
7205 Thomas Dr #E303, Panama City, FL 32408
Bright Realty Solutions
5801 Thomas Dr #712, Panama City, FL 32408
Legacy Premier Agency
6415 Thomas Dr #1203, Panama City, FL 32408
Seltzer Real Estate, Llc
Building 3 Units Available
Unit #1203
The Princess Condominiums
$725,000 - $1,450,000
2 Beds
$725k+
3 Beds
$899k+
4+ Beds
$1.1M+
New Construction
$5,795,000
15
8Bds
8Ba
5,700sqft
Single family home for sale
Corcoran Reverie
5004 Thomas Dr #206, Panama City Beach, FL 32408
Seltzer Real Estate, Llc
$3,750,000
3
9Bds
7Ba
4,537sqft
Single family home for sale
Beach Time Realty, Inc
3D Tour
4425 Thomas Dr #309T, Panama City, FL 32408
Counts Real Estate Group Inc
Building 1 Unit Available
Unit #309T
Price Drop: $200
6201 Thomas Dr #1008, Panama City, FL 32408
Realty Mark Associates
Price Drop: $14K3D Tour
5004 Thomas Dr #1102, Panama City, FL 32408
Scenic Sotheby'S International Realty
6323 Thomas Dr #104B, Panama City, FL 32408
Century 21 Ryan Realty Inc
Building 2 Units Available
Unit #104B
6323 Thomas Dr
$675,000 - $1,450,000
2 Beds
$675k+
3 Beds
$1.4M+
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
5115 Gulf Dr #903, Panama City, FL 32408
Exp Realty Llc
3D Tour
5801 Thomas Dr #1305, Panama City, FL 32408
Coldwell Banker Realty
6213 Thomas Dr #403, Panama City, FL 32407
Keller Williams Success Realty
3D Tour
7205 Thomas Dr #E1206, Panama City, FL 32408
Counts Real Estate Group Inc
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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
No. of Homes
No. of Homes
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 9, 2026, 9:45 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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Lower Grand Lagoon, FL Housing Market
130
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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Price
Beds & Baths
Home Type (5)
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