No HOA Coastal Townhome on North Lagoon Dr. Steps to the Beach + Proven ROI This charming 2 bedroom, 2 bath coastal townhome sits in one of the most desirable pockets of Panama City Beachless than half a mile to the sand and free from the restrictions and fees of an HOA. Whether you're looking for a personal getaway, a second home, or an income producing property, this one delivers on all fronts. With extra sleeping space and an ideal layout for vacationers, this townhome has already proven itself as a strong performer, grossing just over $27K in 2025 with more potential to unlock. Highlights: No HOA: Flexibility, freedom, and lower overhead. Prime Location: Quick beach access, close to top dining, boating, and entertainment along North Lagoon. 2 Bedrooms + Extra Sleeping Area: Comfortably hosts families or groups. 2 Full Baths: Convenience for guests and personal use. Turnkey Investment: A cozy, coastal escape that's already generating impressive ROI. Perfect for a Second Home: Use it when you wantearn income when you're away. A rare, no HOA opportunity this close to the beach doesn't come around often. Your coastal investmentand personal retreatawaits.