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8518 Lagoon Dr

Panama City Beach, FL 32408

2 bd 2 ba 1,344 sqft Built 1984 townhomes
Most recent sale
$275,000
Apr 24, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2024 Sold $275,000 NWFlorida
Feb 23, 2024 Price changed $279,900 CPARMLS
Jan 31, 2024 Listed $289,000 CPARMLS
Oct 25, 2023 Listing removed CPARMLS
Oct 23, 2023 Sold $175,000 Public Record
Sep 12, 2023 Price changed $224,000 CPARMLS
Sep 8, 2023 Price changed $228,000 CPARMLS
Aug 30, 2023 Price changed $229,000 CPARMLS
Aug 17, 2023 Listed $240,000 CPARMLS
Jul 17, 2003 Sold $92,500 Public Record
May 1, 1985 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,742 $28,283 $200,025 $2,499
2022 $82,067 $19,756 $101,823 $1,217
2021 $103,135 $1,278
2020 $93,759 $1,232
2019 $69,183 $16,052 $85,235 $1,090
2018 $75,110 $13,935 $89,045 $1,154
2017 $76,092 $13,700 $89,792 $1,171
2016 $77,074 $13,700 $90,774 $1,205
2015 $78,056 $13,700 $91,756 $1,250
2014 $93,002 $1,265
2013 $116,147 $1,396
2012 $117,840 $1,417
2011 $76,116 $530
2010 $74,991 $525
2009 $73,019 $521
2008 $72,946 $478
2007 $70,821 $570

Property facts

Year built
1984
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,344 sqft
Lot size
ZIP code
32408
City
Panama City Beach
Street
Lagoon Dr
Coordinates
30.16786, -85.78020

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,486
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 8518 Lagoon Dr last sell?
8518 Lagoon Dr most recently sold on Apr 24, 2024 for $275,000.
What is the current tax assessment for 8518 Lagoon Dr?
The most recent total assessment for 8518 Lagoon Dr (year 2025) is $200,025 with $2,499 in property tax.
How does 8518 Lagoon Dr's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $275,000.
When was 8518 Lagoon Dr built?
8518 Lagoon Dr was built in 1984.
How does 8518 Lagoon Dr compare to others on Lagoon Dr?
We track 8 other properties on Lagoon Dr. Browse the list under "Other properties on Lagoon Dr" to compare beds, baths, and sale history.
What are the property facts for 8518 Lagoon Dr?
8518 Lagoon Dr is a 2 bed, 2 bath, 1,344 sqft townhomes.
Is 8518 Lagoon Dr a flip candidate?
Yes — 8518 Lagoon Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8518 Lagoon Dr a tax-appeal candidate?
No — 8518 Lagoon Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$513.4K
2026 Q4
$510.6K
ZIP 32408 — Median Price History + Forecast

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