Grand Lagoon & Thomas Drive, Panama City Beach Airbnb revenue and occupancy data
What Airbnb listings in Grand Lagoon & Thomas Drive earn, how often they're booked, and how that compares with the rest of Panama City Beach, FL.
Over the past 12 months, regularly available listings in Grand Lagoon & Thomas Drive earned $41,722 on average, were booked for 49% of the nights they were open, and averaged $445 a night. The median gross yield, before expenses, is 13.7%.
Yearly revenue
$41,722
Occupancy
49%
Nightly rate
$445
Gross yield
13.7%
before expenses
Median of 2,443 listings
Active listings
2,601
My take on Grand Lagoon & Thomas Drive
Grand Lagoon & Thomas Drive has lower average trailing-year booking revenue than the wider market: $41,722 versus $48,003. But in a separate matched home-value sample, its median potential gross yield is 13.7%, compared with 12.8% marketwide. That is a reason to put revenue alongside purchase-price context rather than judge the area on revenue alone. Gross yield is before expenses, financing and taxes; it is not the return on a particular property.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Grand Lagoon & Thomas Drive?
Regularly available Airbnb listings in Grand Lagoon & Thomas Drive earned an average of $41,722 over the past 12 months. That is 13% less than the Panama City Beach, FL average of $48,003. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Grand Lagoon & Thomas Drive?
Listings in Grand Lagoon & Thomas Drive were booked for an average of 49% of the nights they were open for booking over the past 12 months. That is about the same as the Panama City Beach, FL average of 49%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Grand Lagoon & Thomas Drive?
The average nightly rate in Grand Lagoon & Thomas Drive was $445 over the past 12 months, including cleaning fees. That is 10% lower than the Panama City Beach, FL average of $493.
Is an Airbnb in Grand Lagoon & Thomas Drive profitable?
For homes with a matched home value, the median room-revenue potential in Grand Lagoon & Thomas Drive is $52,045 a year and the median gross yield is 13.7%. Gross yield is 0.9 points higher than the Panama City Beach, FL median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Grand Lagoon & Thomas Drive by bedroom count?
One-bedroom homes have the highest gross yield in Grand Lagoon & Thomas Drive, at 14.7%. The table shows average yearly revenue and median gross yield for each home size, with the Panama City Beach, FL figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| Studio 48 listings | $42,329 Panama City Beach, FL: $41,838 | – |
| 1 bedroom 396 listings | $27,864 Panama City Beach, FL: $32,444 | 14.7% Panama City Beach, FL: 13.7% |
| 2 bedrooms 1,232 listings | $36,063 Panama City Beach, FL: $38,732 | 13.2% Panama City Beach, FL: 12.3% |
| 3 bedrooms 604 listings | $44,629 Panama City Beach, FL: $48,872 | 14.5% Panama City Beach, FL: 13.1% |
| 4+ bedrooms 321 listings | $74,972 Panama City Beach, FL: $87,888 | 11.9% Panama City Beach, FL: 12.2% |
How does Grand Lagoon & Thomas Drive compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Grand Lagoon & Thomas Drive This area 2,601 listings | $41,722 | 49% | $445 | 13.7% |
| Panama City Beach, FL market 19,048 listings | $48,003 | 49% | $493 | 12.8% |
| Panama City 102 listings | $30,153 | 53% | $287 | 17.1% |
| Long Beach 3,774 listings | $36,121 | 49% | $358 | 13.5% |
| Middle Beach & Open Sands 2,347 listings | $38,503 | 47% | $398 | 11.8% |
| Lynn Haven 25 listings | $36,964 | 57% | $296 | 9.9% |
Where is Grand Lagoon & Thomas Drive?
The Panama City Beach, FL market includes 13 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it. Figures cover Grand Lagoon and Thomas Drive together.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (2,601 in Grand Lagoon & Thomas Drive). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 3, 2026 and refresh monthly.
Why are these figures different from the Panama City Beach, FL market page?
The market page summarizes all of Panama City Beach, FL from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Grand Lagoon & Thomas Drive
With BNBCalc Markets, compare Grand Lagoon & Thomas Drive by bedroom count and performance level, see home prices, and browse its listings on the map.