109 Granger Lane, Panama City Beach

$949,000

4 Beds
4 Baths
2,738 Sqft
.23 Acre
0 Garage

CALLING ALL INVESTORS! A duplex in the heart of Laguna Beach just steps from the Gulf AND with waterfront lake views! Rental Projections: $130,000!

Laguna Beach is THE hottest ticket in town and this duplex is ready for its next investor. Priced at an incredible value with the land itself worth almost 700k! Professionally furnished and decorated, this gem is turnkey ready and raring to hit the rental market. Each unit boasts 2 bedrooms upstairs but is also set up to sleep in the main level as well with each side sleeping up to 10. This would make a wonderful short term rental or even long term rental too. You can even live in one side and rent out the other! With a quarter of an acre you have ample parking and plenty of room for a pool as well! Truly the possibilities are endless!

Essential Information
MLS® #988828
Price$949,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage2,738
Acres0.23
Year Built1983
TypeResidential
Sub-TypeTownhouse
StyleDuplex
StatusActive
Community Information
Address109 Granger Lane
Area27 - Bay County
SubdivisionLAGUNA BEACH
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ViewLake, Pond
Is WaterfrontYes
WaterfrontLake Front, Pond
Utilities

Electric, Public Sewer, Public Water

Interior
Interior FeaturesNewly Painted
CoolingWindow Unit(s), Ceiling Fan(s)
# of Stories2
Appliances

Cooktop, Dryer, Microwave, Washer

Exterior
Exterior FeaturesBalcony, Outdoor Shower
WindowsWindow Treatments
RoofShake
ConstructionConcrete, Stucco
Lot Description

Dead End, Wetlands, Within 1/2 Mile to Water

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
ZoningResid Multi-Family
Office

Christies International Real Estate Emerald Coast

LISTING MAP

Get directions to this property:

Properties for Sale Similar to 109 Granger Lane, Panama City Beach, FL

Photo of Listing #975356

17735 Front Beach Road Unit 4, Panama City Beach

$900,000 - 2 Beds, 3 Baths, 1,232 Sf

MLS® # 975356

Photo of Listing #991318

149/150 Cain Road, Panama City Beach

$975,000 - 4 Beds, 4 Baths, 2,304 Sf

MLS® # 991318

Photo of Listing #974127

413 La Valencia Circle, Panama City Beach

$920,000 - 3 Beds, 3 Baths, 1,840 Sf

MLS® # 974127

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on January 24th, 2026 at 11:52am CST.