Back 5 Dolphin Ln
Off Market

5 Dolphin Ln

Lower Grand Lagoon FL 32408

2
2
1056 sq. ft.
Single-Family
Last sold for $325,000
Kelli SimsKelli Sims, last sold this property on 18 June 2026 after 109 days on market.

Overview

Welcome to this charming 2 bedroom, 2 bath beach home located in the highly desirable gated community of Venture Out Resort in Panama City Beach. Perfectly positioned right across from the beach access, you're just steps away from the sugar-white sands and emerald waters of the Gulf of Mexico. This well-maintained home offers vaulted ceilings, neutral coastal tones, and durable tile flooring throughout -- ideal for easy beach living. The spacious living and dining areas flow seamlessly, creating an inviting space for relaxing or entertaining after a day at the beach. The kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and ample prep space, making it functional for both full-time living and vacation rentals. A standout feature of this home is the extra-large closet space, which offers incredible flexibility and could easily be utilized as a bunk room, additional sleeping area, or bonus storage -- adding valuable rental potential. Located inside Venture Out, a gated, golf-cart-friendly resort community offering: Private beach access directly across the street Two swimming pools (one seasonally heated) Tennis, pickleball & basketball courts Shuffleboard Playground & picnic areas Private marina, boat ramp & fishing pier 24/7 security Whether you're looking for a primary residence, second home, or income-producing vacation rental, this prime beachside location makes it a standout opportunity. Conveniently located just minutes from the World's Most Beautiful Beaches, as well as shopping, dining, and entertainment, this fully updated and furnished home is a rare opportunity in one of Panama City Beach's most sought-after communities. Don't miss your chance to own in Venture Out!

Features

2 bedrooms
2 bathrooms
1056 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 5 Dolphin Ln is $342.5k.

Median value
$342.5k
Estimated value range
$190k - $495k
Median days on market
54
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Dolphin Ln

2026
Sold
$325,000
18 Jun 2026 by Kelli Sims, of Sims Resort Realty, Inc
2017
Sold
$260,000
22 Nov 2017 by Kelli Sims, of Sims Resort Realty, Inc

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 2 bedroom single-family properties in Lower Grand Lagoon

In the last 12 months, 37 two-bedroom single-family properties similar to 5 Dolphin Ln, have been sold.

This represents a 26% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lower Grand Lagoon

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent