Grand Lagoon Cove
Condos for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 235 condos for sale in Panama City · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of October 2026, Grand Lagoon Cove Condominium in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $202,475, a median 66 days on market, sellers accepting 88% of original asking. At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $2,490 ($2,000 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Sale prices, last 12 months | $202,475 median across 4 closed sales |
| Days on market (closed sales) | 66 median |
| For sale right now | 2 active, 0 pending · median asking $269,450 |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Grand Lagoon Cove Condominium key facts,” movewithmomentum.com/neighborhoods/grand-lagoon-cove-condominium, data as of September 20, 2026.
Grand Lagoon Cove Condominium is not a community where the MLS gives us much to work with right now. With only two closings in the current window, there is not enough transaction volume to speak to price trend, days on market, or condition mix with any confidence. What we can say is that the data set is thin enough that any buyer or seller should treat pricing here as a case-by-case conversation, not a market-average one.
For a seller, that thin volume can actually work in your favor if you price a unit correctly and it stands out as one of the only active comparables in the building. For a buyer, it means you should not lean on a headline number to negotiate — pull the specific unit's history and the building's condition documents before you form an opinion on value.
The 60-Second Overview
Grand Lagoon Cove Condominium market snapshot (as of September 20, 2026): the median sale price is about $202K, and a median 67 days on market for closed sales.
In ZIP 32407 (Panama City), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.
Grand Lagoon Cove Condominium sits in Panama City, Bay County, and current MLS activity here is limited enough that we are working from a small sample rather than a broad trend line.
Who Grand Lagoon Cove Condominium is best for.
Best for
- A buyer willing to request condo association documents and recent sales history directly, rather than relying on a public market summary
- A seller with a well-maintained unit who is comfortable pricing based on individual condition rather than a broad comparable set
- An investor or second-home buyer targeting Panama City specifically and prepared to do unit-level diligence
Probably not for
- A buyer who wants a well-established price trend or years of closing data to benchmark against
- Someone relying on listed community amenities to make a decision, since none are currently identified in MLS data
- A buyer or seller who wants a fast, data-driven pricing conversation without additional research
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($202K) IS the median in the snapshot above.
Windows contain 2 to 11 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
11% of homes for sale in ZIP 32408 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Grand Lagoon Cove Condominium Market Scorecard
Grand Lagoon Cove Condominium is currently a balanced market., a median asking price of $269,450, and homes go under contract in about 190 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Grand Lagoon Cove Condominium, Panama City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Grand Lagoon Cove Condominium
Live MLS inventory for Grand Lagoon Cove Condominium. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Grand Lagoon Cove Condominium listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Grand Lagoon Cove Condominium Right Now (2)
All 2 active and pending Grand Lagoon Cove Condominium listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6903 N Lagoon Drive 51, Panama City Beach, Fl 32408 · $289,900 · 2 bd / 2 ba · listed Jul 21, 2026 · listed by Local Insight Realty
- 6903 N Lagoon Drive 52, Panama City, Fl 32408 · $249,000 · 2 bd / 2 ba · listed Jul 2, 2026 · listed by Counts Real Estate Group Inc
The Grand Lagoon Cove Condominium buying strategy.
If we were buying in Grand Lagoon Cove Condominium today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Grand Lagoon Cove Condominium.
A market with too few data points to trend
Two closings in the current reporting window is not enough to establish a reliable median, a pricing pattern, or a typical days-on-market figure for Grand Lagoon Cove. Any number pulled from a sample that small can swing hard with the next closing, so we are intentionally not presenting a market average here.
Current MLS listings also do not identify specific building or community amenities, so we cannot speak to what is or is not offered on site. Anyone evaluating a unit here should confirm amenities, condo association details, and any fees directly through the building's documents rather than assuming anything from listing data alone.
The location and the amenities are priced into every listing in Grand Lagoon Cove Condominium. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with this little recent transaction data, the value of a broker is in pulling the right comparables from outside the immediate MLS window, reading the condo association's financials and rules, and pricing or negotiating off unit-specific facts rather than a market average that does not really exist yet. That is the work we do before you sign anything.
Grand Lagoon Cove Condominium in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $418/month (about $5,016/yr) · median of 45 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $418 per month ($5,016 a year) — the median AssociationFee across 45 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Grand Lagoon Cove Condominium buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Grand Lagoon Cove Condominium sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Grand Lagoon Cove Condominium, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Grand Lagoon Cove Condominium home worth?
Get a no-obligation home value based on real comparable sales in Grand Lagoon Cove Condominium, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
Recently off market in Grand Lagoon Cove Condominium
Homes in Grand Lagoon Cove Condominium that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 6903 N Lagoon Drive 35 · off market
- 6903 N Lagoon Drive 48 · off market
Frequently Asked Questions
What is the median home price in Grand Lagoon Cove Condominium?
How long do homes in Grand Lagoon Cove Condominium take to sell?
Have Grand Lagoon Cove Condominium home prices gone up?
Who is the best real estate agent for Grand Lagoon Cove Condominium?
How do I find a top Panama City real estate agent who knows Grand Lagoon Cove Condominium?
Can Momentum Realty connect me with an agent for Grand Lagoon Cove Condominium?
Where is Grand Lagoon Cove, and what county is it in?
Should you buy in Grand Lagoon Cove Condominium?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (76 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Grand Lagoon Cove Condominium fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Grand Lagoon CoveCondos for Sale in Panama City
- Home values · What homes in Grand Lagoon CoveCondos for Sale in Panama City actually sell for
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