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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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109 Granger Ln , Panama City Beach, FL 32413
$849,000
Est. Payment: $4,305.97/mo
4 Bed
4 Bath
2738 Sqft
Status: active | Days on site: 261
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short-term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.

Highlights

Listed by Brian Clowdus , 256-504-3799 Christies International Real Estate Emerald Coast , 850-213-2800. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.23

Year Built

1983

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Laguna Beach

Listing ID

781140

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Air Cond:Ceiling Fan(s),Ductless
Fireplaces:
Other:
  • Additional:Balcony, Interior Steps, Sitting Area in Primary

Exterior Features

Lot:Paved
Lot Dimensions:70 x 145
Zoning:Resid Multi-Family
Roof:Composition,Shingle
Others:
  • Additional:Covered Patio, Deck, Patio, Outdoor Shower
Sewer:Public Sewer
Parking Features:Additional Parking
Principal Interest
$4,306
Taxes
$605

Home Price

$849,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$169,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,305.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,305.97 $605.08 $0.00 $4,911.05
Yearly $51,671.61 $7,261.00 $0.00 $58,932.61
Total $1,550,148.41 $217,830.00 $0.00 $1,767,978.41

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS