Back Crescent Drive
Off Market

Crescent Drive

Lower Grand Lagoon FL 32408

4792 sq. ft.
Land
Last sold for $180,000
Darrell TurnerDarrell Turner, last sold this property on 14 January 2026 after 27 days on market.

Overview

Build your coastal retreat just steps from the Gulf! This corner vacant lot is ideally located on Crescent Drive in Panama City Beach, offering a rare opportunity to build in an established neighborhood only a short walk to the white-sand beaches and emerald waters of the Gulf of Mexico. Situated in an X flood zone and with no HOA fees, this corner lot provides added flexibility, potential design advantages, and cost savings when planning future construction. Surrounded by existing homes and newer builds, the property presents an attractive opportunity for builders or investors seeking a desirable beach-area location (buyer to verify zoning, setbacks, and intended use). Enjoy convenient access to the beach, dining, shopping, and entertainment while remaining on a quieter residential street. Vacant corner lots this close to the beach—especially without HOA restrictions—are increasingly limited. Note: This lot adjoins another separately listed parcel, creating a potential opportunity for a larger homesite or dual build (buyer to verify feasibility). All information is deemed reliable but should be verified by the buyer.

Features

4792 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of Crescent Drive is $200k.

Median value
$200k
Estimated value range
$45k - $3.9m
Median days on market
94
Estimated value trend
13%
increase 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 Crescent Drive

2026
Sold
$180,000
14 Jan 2026 by Darrell Turner, of Counts Real Estate Group 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 land plots in Lower Grand Lagoon

In the last 12 months, 39 land plots similar to Crescent Drive, have been sold.

This represents a 22% increase in land plots sales when compared to the previous 12 months.

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