218 16th Street, Panama City Beach, FL 32413 (MLS# 764043)

218 16th Street, Panama City Beach, FL 32413

$1,050,000

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Property Type: Residential Land Lot Size (sq. ft.): 17,990 Status: Sold

Current Price: $1,050,000 List Date: 10/19/2024 Last Modified: 1/23/2025

Overview

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.

Listing Details MLS# 764043

Contract Info

List Price/Acre: 2913792.68

Location

Street #: 218
Street Name: 16th
Street Suffix: Street
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Laguna Beach
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 37057-000-000
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.
Legal Description: LAGUNA BEACH EST 8TH ADD LOTS 9, 10 & 11 BLK 44 ORB 4007 P 1659

General Property Info

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

Status Change Info

Under Contract Date: 2024-11-22
Sold Date: 2025-01-23
Sold Price/Acre: 2560975.61

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.

More Information

Farm Info

Wooded: Yes

Financing

Cash: Yes
Conventional: Yes

Lot Features

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

Lot Access

Paved Road: Yes

Present Zoning

Resid Multi-Family: Yes
Resid Single Family: Yes

Utilities

Electricity – Connected: Yes
Sewer Available: Yes
Water Available: Yes

Sale Type

As Is: Yes

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.