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Street View
$815,000
Monthly Est:$4,057
4 Beds
- 4 Baths
4 full baths
2,738sqft
109 Granger Ln, Panama City Beach, FL 32413
$815,000
$4,057/moEst:
Get Pre-Approved
Duplex
Built in 1983
$-- HOA
0.23 acre lot
$298/sq.ft
Description
Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential
Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers.
The Property Highlights:
Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag.
Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex.
Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one.
Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate).
Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north.
Investment Snapshot:
Projected Annual Income: Up to $130,000 in gross short-term rental revenue.
Land Value: Situated on a premium parcel with land value alone estimated near $700k.
No HOA: Total freedom for owners with no restrictive associations or monthly dues.
Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.
- Houzeo last checked: 1 hour ago
- Listing updated: October 5, 2026 at 7:07 pm
- Listing Provided by: Brian Clowdus | Christies International Real Estate Emerald Coast (850) 213-2800
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 781140

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
2,738 sqft
Lot Size
0.23 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
781140
MLS Status
Active
Days on Market
340
Cumulative Days on Market
336

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Bedroom
Level: Second
Area: 225.00 Square Feet
Dimensions: 15 x 15
LivingRoom
Level: First
Area: 300.00 Square Feet
Dimensions: 15 x 20
Bedroom
Level: Second
Area: 225.00 Square Feet
Dimensions: 15 x 15
LivingRoom
Level: First
Area: 300.00 Square Feet
Dimensions: 15 x 20
Interior
Heating
Ductless
Interior Features
Balcony, Interior Steps, Sitting Area In Primary
Appliances
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Exterior Features
Covered Patio, Deck, Patio, Outdoor Shower
Cooling
Ceiling Fans, Ductless
Sewer
Public Sewer
Construction
Year Built
Year Built: 1983
Home type
Duplex
Construction Materials
Stucco
Architectural Style
Duplex
Roof
Composition, Shingle
Utilities & Energy
Parking Features
Additional Parking
Other Features
Subdivision Name
Laguna Beach
Lot Features
Paved
Community Features
Short Term Rental Allowed
Patio And Porch Features
Balcony, Deck, Covered, Open, Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
07/22/2026 Source: | Price Decreased | $849,000 -5.56% $310/sqft |
04/15/2026 Source: | Price Increased | $899,000 +10.31% $328/sqft |
11/03/2025 Source: | Listed for Sale | $815,000 -14.12% $298/sqft |
11/03/2025 Source: | Price Decreased | $949,000 -4.91% $347/sqft |
05/05/2025 Source: | Listed for Sale | $998,000 -14.92% $364/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 12:00PM. 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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