214 Toledo Place, Panama City Beach, FL 32413 (MLS# 770764)

214 Toledo Place, Panama City Beach, FL 32413

$1,725,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,245 Lot Size (sq. ft.): 3,485 Status: Sold

Current Price: $1,725,000 List Date: 3/22/2025 Last Modified: 3/22/2025

Overview

Description

Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency. With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors. Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway. The outdoor kitchen is equipped with a 38'' built-in grill, outdoor ducted hood, ice-maker, mini-fridge, and sink, providing the perfect setting for al fresco dining and entertaining. Inside, premium features such as 10' ceilings, PGT Impact windows/doors, Car … (Read more) Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency. With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors. Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway. The outdoor kitchen is equipped with a 38” built-in grill, outdoor ducted hood, ice-maker, mini-fridge, and sink, providing the perfect setting for al fresco dining and entertaining. Inside, premium features such as 10′ ceilings, PGT Impact windows/doors, Carrera Marble tile, and Quartz countertops elevate the property’s appeal, commanding premium rental rates. Energy efficiency is integrated into the construction with 2×6 framing, R-19 insulation, and a spray foamed roof deck, ensuring lower utility costs and a smaller environmental footprint. Custom touches, including 8′ solid wood interior doors, wooden closet shelving, and low-profile mud-in HVAC grills, add a touch of luxury, while safety and convenience are ensured with a sprinkler/fire alarm system (short-term rental requirements) and a 2-car garage. For added convenience, the property boasts laundry rooms on both the 1st and 3rd floors, making it exceptionally practical for guests and maximizing rental appeal. For savvy investors, the inclusion of natural gas appliances (natural gas on-demand tankless water heater, natural gas 36” kitchen range, natural gas 38” built-in outdoor grill, natural gas pool heater), including a heated saltwater pool and outdoor shower, not only enhances the property’s attractiveness but also reduces long-term operational costs. Fully furnished and move-in ready, this property offers immediate income potential.

Listing Details MLS# 770764

Contract Info

List Price/SqFt: 531.59

Location

Area: 03 – Bay County – Beach
Street #: 214
Street Name: Toledo
Street Suffix: Place
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Laguna Beach
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 37596-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 79' and Panama City Beach Pkwy (Back Beach Road) or Front Beach Road turn on Toledo Place.
Legal Description: LAGUNA BEACH (7.02) BEG AT NLY COR OF LOT 7 ELY 71.49' S 51.58' WLY 84.71' N 49.86' TO POB AKA PT OF LOT 7 BLK 13 ORB 4677 P 1269

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3245
SqFt Source: Builders Plans
Full Baths: 5
Total Baths: 5
Year Built: 2025
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 50x71x51x84
Acreage: 0.08
Lot Size (SqFt): 3485
Pool: Yes
Pool Type: Private

Status Change Info

Under Contract Date: 2025-03-21
Sold Date: 2025-03-21
Sold Price/SqFt: 531.59
Sold Price/Acre: 21562500

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency. With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors. Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway. The outdoor kitchen is equipped with a 38'' built-in grill, outdoor ducted hood, ice-maker, mini-fridge, and sink, providing the perfect setting for al fresco dining and entertaining. Inside, premium features such as 10' ceilings, PGT Impact windows/doors, Carrera Marble tile, and Quartz countertops elevate the property's appeal, commanding premium rental rates. Energy efficiency is integrated into the construction with 2×6 framing, R-19 insulation, and a spray foamed roof deck, ensuring lower utility costs and a smaller environmental footprint. Custom touches, including 8' solid wood interior doors, wooden closet shelving, and low-profile mud-in HVAC grills, add a touch of luxury, while safety and convenience are ensured with a sprinkler/fire alarm system (short-term rental requirements) and a 2-car garage. For added convenience, the property boasts laundry rooms on both the 1st and 3rd floors, making it exceptionally practical for guests and maximizing rental appeal. For savvy investors, the inclusion of natural gas appliances (natural gas on-demand tankless water heater, natural gas 36'' kitchen range, natural gas 38'' built-in outdoor grill, natural gas pool heater), including a heated saltwater pool and outdoor shower, not only enhances the property's attractiveness but also reduces long-term operational costs. Fully furnished and move-in ready, this property offers immediate income potential.

More Information

Dining Room

Second: Yes

Garage

First: Yes

Laundry

First: Yes

Library

Third: Yes

Master Bathroom

Third: Yes

Pool Features

Inground: Yes

Appliances

Cooktop – Gas: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range – Gas: Yes
Range Hood: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Gas: Yes

Interior Features

Fireplace: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Lock Out Closet: Yes
Pantry: Yes
Split Bedroom: Yes
Stairs: Yes

Construction/Siding

Roof – Metal: Yes

Exterior

Balcony: Yes
Built-in Barbecue/Grill: Yes
Fenced Back Yard: Yes
Shower: Yes
Porch Covered: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Smart Thermostat: Yes

Kitchen

First: Yes
Second: Yes

Living Room

Second: Yes

Lot Features

Landscaped: Yes
Within 1/2 Mile to Water: Yes

Lot Access

City Street: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBed Walk-in Closet: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Full Bathroom: Yes
Garage: Yes
Kitchen: Yes
Laundry: Yes
Library: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Utilities

Natural Gas – Connected: Yes
Public Sewer – Connected: Yes

Sale Type

As Is: Yes

Full Bathroom

Second: Yes
Third: Yes

Master Bedroom

Third: Yes

Bedroom

Second: Yes
Third: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Multi Units: Yes

Heating

Electric: Yes
Fireplace – Electric: Yes

Security Features

Fire Alarm: Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Dryer; Microwave; Range – Gas; Range Hood; Refrigerator; Washer; Water Heater – Gas Full Bathroom: Second; Third Master Bedroom: Third Bedroom: Second; Third Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units Heating: Electric; Fireplace – Electric Exterior: Balcony; Built-in Barbecue/Grill; Fenced Back Yard; Shower; Porch Covered Financing: Cash; Conventional Furnished: Furnished Interior: Smart Thermostat Kitchen: First; Second Living Room: Second Lot Features: Landscaped; Within 1/2 Mile to Water Lot Access: City Street Master Bathroom: Third Dining Room: Second Garage: First Library: Third Laundry: First Pool Features: Inground Security Features: Fire Alarm Parking Features: Driveway; Garage Attached Rooms: Bedroom; Dining Room; Full Bathroom; Garage; Kitchen; Laundry; Library; Living Room; Master Bathroom; Master Bedroom Sale Type: As Is Utilities: Natural Gas – Connected; Public Sewer – Connected Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	Second	14.6 x 11.1	14.60	11.10
Bedroom	Third	19.11 x 12.9	19.11	12.90
Bedroom	Third	19.11 x 12.8	19.11	12.80
Master Bedroom	Third	13.9 x 13.2	13.90	13.20
Bedroom	Third	12.7 x 11.8	12.70	11.80
Kitchen	First	14.1 x 19.2	14.10	19.20
Dining Room	Second	19.11 x 10.2	19.11	10.20
Kitchen	Second	19.11 x 15.01	19.11	15.01
Living Room	Second	19.11 x 17.4	19.11	17.40
Garage	First	21.1 x 19.1	21.10	19.10
Laundry	First	6.11 x 6.4	6.11	6.40
Full Bathroom	Second	8.4 x 10.1	8.40	10.10
Library	Third	7.11 x 6.01	7.11	6.01
Full Bathroom	Third	11.9 x 6.4	11.90	6.40
Master Bathroom	Third	11.5 x 5.1	11.50	5.10
Full Bathroom	Third	6.6 x 9.7	6.60	9.70
Full Bathroom	Third	6.3 x 9.7	6.30	9.70

Listing Office: Centergate Realty LLC

Last Updated: March – 22 – 2025

Information deemed reliable but not guaranteed.