109 Granger Lane,Panama City Beach,FL 32413

Description of 109 Granger Lane

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!

Legal Description

LAGUNA BEACH EST 5TH ADD LOT 18 LESS SLY 15' BLK 12 ORB 4601 P 2113

Features of 109 Granger Lane

MLS® #	988828
Price	$849,000
Bedrooms	4
Bathrooms	4.00
Full Baths	4
Square Footage	2,738
Acres	0.23
Year Built	1983
Type	Townhouse
Sub-Type	Townhouse
Style	Duplex
Status	Active

Community Information

Address	109 Granger Lane
Area	27 - Bay County
Subdivision	LAGUNA BEACH
City	Panama City Beach
County	Bay
State	FL
Zip Code	32413

Amenities

Utilities	Electric, Public Sewer, Public Water
View	Lake, Pond
Is Waterfront	Yes
Waterfront	Lake Front, Pond
Water View	Lake, Pond

Interior

Interior Features	Newly Painted
Appliances	Cooktop, Dryer, Microwave, Washer
Cooling	Window Unit(s), Ceiling Fan(s)
# of Stories	2

Exterior

Exterior Features	Balcony, Outdoor Shower
Lot Description	Dead End, Wetlands, Within 1/2 Mile to Water
Windows	Window Treatments
Roof	Shake
Construction	Concrete, Stucco

School Information

Elementary	West Bay
Middle	Surfside
High	Arnold

Additional Information

Zoning	Resid Multi-Family

Listing Details

Office	Christies International Real Estate Emerald Coast

Price History for MLS #988828

Date	Details	Change
07/22/2026	Price Reduced from $899,000 to $849,000	$50,000 (5.56%)
04/15/2026	Price Reduced from $949,000 to $899,000	$50,000 (5.27%)

For more information call

(850) 325-0004

Listing Map

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109 Granger Lane, Panama City Beach, FL