218 16th Street, Panama City Beach, FL 32413

$1,050,000
Property Type: Residential Land Lot Size (sq. ft.): 17,990 Status: Sold
Current Price: $1,194,655 List Date: 10/19/2024 Last Modified: 1/23/2025

Description

Don’t miss this incredible opportunity to own a spacious – almost a half acre – 150 x 120 parcel , just steps from the beach! Located in the highly desirable Laguna Beach community on the west end of Panama City Beach, this property is perfect for those looking to capitalize on the area’s appeal. Laguna Beach is known for its relaxed, beachy atmosphere and golf cart-friendly streets. Just minutes to 30A, Carillon Beach, and Pier Park—offering a variety of shopping, dining, and entertainment options. And with Topgolf coming to Panama City Beach, there’s even more to draw visitors and enhance the area’s vibrant appeal. With easy deeded beach access, this property is ideally positioned to take advantage of everything the area has to offer. Whether you’re looking to build your dream retreat or invest in a lucrative rental opportunity, this is a rare find you won’t want to miss! In addition, zoned R-2 for up 6 dwellings offering excellent potential for short-term rentals.

More Information MLS# 764043

Contract Info

List Price/Acre: 2913792.68 Status: Sold List Date: 2024-10-19 List Price: $1,194,655 Current Price: $1,050,000

Location

Sub Area: 0324 – Beach – West Central Community/Resort: Laguna Beach Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From Hwy 79: Head west on Panama City Beach Parkway (US-98). Turn Right: Onto N. Richard Jackson Blvd. Turn Left: Onto 16th Street. Your Destination: 218 16th Street will be on your right. Street #: 218 Street Name: 16th Street Suffix: Street Area: 03 – Bay County – Beach State: FL Zip Code: 32413 County: Bay Subdivision: Laguna Beach Parcel ID: 37057-000-000 Legal Description: LAGUNA BEACH EST 8TH ADD LOTS 9, 10 & 11 BLK 44 ORB 4007 P 1659

General Property Info

Acreage: 0.41 Lot Size (SqFt): 17990 Lot Dimensions: 150×120 Sub-Type: Vacant Land

Listing Info, Tax & Legal

HOA Fee: No Last Taxes: 5117 Last Tax Year: 2023 As Is: Yes

Remarks & Misc

Remarks: Don’t miss this incredible opportunity to own a spacious – almost a half acre – 150 x 120 parcel , just steps from the beach! Located in the highly desirable Laguna Beach community on the west end of Panama City Beach, this property is perfect for those looking to capitalize on the area’s appeal. Laguna Beach is known for its relaxed, beachy atmosphere and golf cart-friendly streets. Just minutes to 30A, Carillon Beach, and Pier Park—offering a variety of shopping, dining, and entertainment options. And with Topgolf coming to Panama City Beach, there’s even more to draw visitors and enhance the area’s vibrant appeal. With easy deeded beach access, this property is ideally positioned to take advantage of everything the area has to offer. Whether you’re looking to build your dream retreat or invest in a lucrative rental opportunity, this is a rare find you won’t want to miss! In addition, zoned R-2 for up 6 dwellings offering excellent potential for short-term rentals.

Status Change Info

Sold Price/Acre: 2560975.61 Under Contract Date: 2024-11-22 Sold Date: 2025-01-23 Sold Price: $1,050,000

Farm Info

Wooded: 1

Financing

Cash: 1 Conventional: 1

Lot Features

Near Beach Access: 1 Within 1/2 Mile to Water: 1

Lot Access

Paved Road: 1

Present Zoning

Resid Multi-Family: 1 Resid Single Family: 1

Utilities

Electricity – Connected: 1 Sewer Available: 1 Water Available: 1

Sale Type

As Is: 1

Property Features

Farm Info: Wooded Financing: Cash; Conventional Lot Access: Paved Road Lot Features: Near Beach Access; Within 1/2 Mile to Water Sale Type: As Is Utilities: Electricity – Connected; Sewer Available; Water Available Present Zoning: Resid Multi-Family; Resid Single Family
Listing Office: Counts Real Estate Group Inc
Last Updated: January – 23 – 2025
Information deemed reliable but not guaranteed.