318 Placido Place, Panama City Beach, FL 32413 (MLS# 785847)

318 Placido Place, Panama City Beach, FL 32413

$1,275,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,304 Lot Size (sq. ft.): 4,875 Status: Under Contract – Taking Backups

Current Price: $1,275,000 List Date: 2/26/2026 Last Modified: 3/18/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS EXCEPTIONAL IN EVERY WAY! Opportunities like this are exceedingly rare — a fully reimagined dual-residence coastal compound just three blocks from the Gulf, masterfully renovated to the highest of standards. The impressive 2,000+ square foot main home and private detached guest cottage (ADU) have been curated with designer-level finishes, sophisticated details, and impeccable craftsmanship throughout. Anchoring the property is a brand-new private in-ground saltwater pool, creating a true resort-caliber oasis that elevates both everyday living and upscale entertaining. Whether envisioned as a refined personal retreat, a multigenerational sanctuary, or a high-performing income-producing investment, this turnkey property delivers an extraordinary combination of luxury, flexibility, and long-term value rarely found in this coveted coastal setting. The main residence with 4 bedrooms and 3.5 baths, welcomes you with an expansi … (Read more) CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS EXCEPTIONAL IN EVERY WAY! Opportunities like this are exceedingly rare — a fully reimagined dual-residence coastal compound just three blocks from the Gulf, masterfully renovated to the highest of standards. The impressive 2,000+ square foot main home and private detached guest cottage (ADU) have been curated with designer-level finishes, sophisticated details, and impeccable craftsmanship throughout. Anchoring the property is a brand-new private in-ground saltwater pool, creating a true resort-caliber oasis that elevates both everyday living and upscale entertaining. Whether envisioned as a refined personal retreat, a multigenerational sanctuary, or a high-performing income-producing investment, this turnkey property delivers an extraordinary combination of luxury, flexibility, and long-term value rarely found in this coveted coastal setting. The main residence with 4 bedrooms and 3.5 baths, welcomes you with an expansive open-concept living area centered around a gas fireplace and a showpiece kitchen featuring a gas, dual fuel chef’s stove with convection oven, an oversized breakfast bar, abundant workspace, and seamless flow into the dining area with custom built-in seating. A private first-floor primary suite offers a spa-inspired bath, while a convenient laundry room and powder bath complete the main level. Upstairs, you’ll find a second luxurious primary suite with a breathtaking bathroom featuring a soaking tub and generous tiled shower, along with an additional guest bedroom, full bath, and a custom bunk room with two built-in bunk sets–perfect for maximizing rental potential or hosting guests. Maintenance-free luxury vinyl plank flooring runs throughout the living areas, with tile in all baths for a clean, modern finish. Outdoor living rivals that of a private resort. Enjoy the inground swimming pool, gas firepit with Adirondack seating, expansive back deck, and a fully outfitted entertainment area with large-screen TV. The professionally designed grounds include landscape lighting, hardscaping, charming fencing, a paver driveway, and a pergola-style carport. Adding tremendous flexibility and value, the detached guest cottage features its own private driveway and entrance, allowing it to function as a completely separate rental or private residence. This studio-style retreat includes a stylish kitchen, living/sleeping space, and a beautifully appointed bathroom–ideal for guests or additional income. Currently operating as a successful short-term rental with strong income history despite limited rental time, this turnkey property offers exceptional versatility–live in one residence and rent the other, or maximize returns by renting both. Connected to city sewer (a major advantage) and located in the highly desirable Laguna Beach area near 30A, this property delivers the look, feel, and quality of a premier coastal luxury home. A true coastal compound combining lifestyle, location, and income potential–properties of this caliber rarely become available. Call your favorite realtor and make an appointment to see it today!

Listing Details MLS# 785847

Contract Info

List Price/SqFt: 553.39

Location

Area: 03 – Bay County – Beach
Street #: 318
Street Name: Placido
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: 37736-005-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 79 and Back Beach Rd, turn west onto Back Beach Rd. Travel just maybe 2 or 3 miles and make a u-turn at Sandy Lane. The 3rd street on the right is Placido. My Apple GPS got me there with no problems. There are cross streets on all those roads right around Placido. Placido also goes through to Front Beach Rd. Just FYI.
Legal Description: LAGUNA BEACH 20C4 (17.1) LOT 19 & N 24.6' LOT 20 BLK 18 ORB 4688 P 2152

General Property Info

Sub-Type: Detached Single Family
Design: Craftsman Style
Apx SqFt(Htd/Cooled): 2304
SqFt Source: Prop App Site
Full Baths: 4
Half Baths: Yes
Total Baths: 5
# of Stories in Building: 2
# of Units in Bldg: Yes
Units Above Ground: 2
Year Built: 2007
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Covered Spaces: Yes
Driveway Spaces: 4
Lot Dimensions: 65×75
Acreage: 0.11
Lot Size (SqFt): 4875
Pool: Yes
Pool Type: Private

Status Change Info

Under Contract Date: 2026-03-18

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3523
Last Tax Year: 2025
Lot: 19/
Block: 18
Brokerage Interest: No Interest
As Is: No
Section: 11
Township: 3S
Range: 17W

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS EXCEPTIONAL IN EVERY WAY! Opportunities like this are exceedingly rare — a fully reimagined dual-residence coastal compound just three blocks from the Gulf, masterfully renovated to the highest of standards. The impressive 2,000+ square foot main home and private detached guest cottage (ADU) have been curated with designer-level finishes, sophisticated details, and impeccable craftsmanship throughout. Anchoring the property is a brand-new private in-ground saltwater pool, creating a true resort-caliber oasis that elevates both everyday living and upscale entertaining. Whether envisioned as a refined personal retreat, a multigenerational sanctuary, or a high-performing income-producing investment, this turnkey property delivers an extraordinary combination of luxury, flexibility, and long-term value rarely found in this coveted coastal setting. The main residence with 4 bedrooms and 3.5 baths, welcomes you with an expansive open-concept living area centered around a gas fireplace and a showpiece kitchen featuring a gas, dual fuel chef's stove with convection oven, an oversized breakfast bar, abundant workspace, and seamless flow into the dining area with custom built-in seating. A private first-floor primary suite offers a spa-inspired bath, while a convenient laundry room and powder bath complete the main level. Upstairs, you'll find a second luxurious primary suite with a breathtaking bathroom featuring a soaking tub and generous tiled shower, along with an additional guest bedroom, full bath, and a custom bunk room with two built-in bunk sets–perfect for maximizing rental potential or hosting guests. Maintenance-free luxury vinyl plank flooring runs throughout the living areas, with tile in all baths for a clean, modern finish. Outdoor living rivals that of a private resort. Enjoy the inground swimming pool, gas firepit with Adirondack seating, expansive back deck, and a fully outfitted entertainment area with large-screen TV. The professionally designed grounds include landscape lighting, hardscaping, charming fencing, a paver driveway, and a pergola-style carport. Adding tremendous flexibility and value, the detached guest cottage features its own private driveway and entrance, allowing it to function as a completely separate rental or private residence. This studio-style retreat includes a stylish kitchen, living/sleeping space, and a beautifully appointed bathroom–ideal for guests or additional income. Currently operating as a successful short-term rental with strong income history despite limited rental time, this turnkey property offers exceptional versatility–live in one residence and rent the other, or maximize returns by renting both. Connected to city sewer (a major advantage) and located in the highly desirable Laguna Beach area near 30A, this property delivers the look, feel, and quality of a premier coastal luxury home. A true coastal compound combining lifestyle, location, and income potential–properties of this caliber rarely become available. Call your favorite realtor and make an appointment to see it today!

More Information

Bunk Room

Second: Yes

Dining Room

First: Yes

Great Room

First: Yes

Master Bathroom

Second: Yes

Pool Features

Fenced: Yes
Inground: Yes
Saltwater: Yes

Studio

First: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Oven – Convection: Yes
Oven – Electric: Yes
Range – Gas: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Gas: Yes
Water Heater – Tankless: Yes
Wine Refrigerator: Yes

Interior Features

Bookcases: Yes
Breakfast Bar: Yes
Fireplace: Yes
Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Lock Out Unit: Yes
Pantry: Yes
Split Bedroom: Yes
Stairs: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Off Grade: Yes
Wood/Frame: Yes
Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Deck Open: Yes
Double Pane Windows: Yes
Fenced Back Yard: Yes
Fenced Cross: Yes
Fenced Lot-All: Yes
Fenced Privacy: Yes
Fire Pit: Yes
Shower: Yes
Sprinkler System: Yes

Other Structures

Guest House: Yes
Pergola: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Negotiable: Yes

Interior

Bunk Room: Yes
Insulated Floors: Yes

Kitchen

First: Yes

Lot Features

Dedicated Beach: Yes
Deeded Access: Yes
Landscaped: Yes
Near Beach Access: Yes
Survey Available: Yes

Lot Access

Paved Road: Yes

Parking Features

Carport Detached: Yes
Driveway: Yes
Gravel: Yes
Other – See Remarks: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Garden Tub: Yes
MBath Separate Shwr: Yes
MBed First Floor: Yes
See Remarks: Yes

Rooms

Bedroom: Yes
Bunk Room: Yes
Dining Room: Yes
Full Bathroom: Yes
Great Room: Yes
Kitchen: Yes
Master Bathroom: Yes
Master Bedroom: Yes
Studio: Yes

Utilities

Electricity – Connected: Yes
Propane: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Full Bathroom

First: Yes

Master Bedroom

First: Yes
Second: Yes

Bedroom

Second: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes
Fireplace – Gas: Yes
Mini-Split/Ductless: Yes
Separate Meters: Yes
Varies by Unit: Yes
Zoned: Yes

Property Features

Appliances: Dishwasher; Disposal; Oven – Convection; Oven – Electric; Range – Gas; Range Hood; Refrigerator; Water Heater – Gas; Water Heater – Tankless; Wine Refrigerator Full Bathroom: First Master Bedroom: First; Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric; Fireplace – Gas; Mini-Split/Ductless; Separate Meters; Varies by Unit; Zoned Exterior: Deck Open; Double Pane Windows; Fenced Back Yard; Fenced Cross; Fenced Lot-All; Fenced Privacy; Fire Pit; Shower; Sprinkler System Financing: Cash; Conventional Furnished: Negotiable Interior: Bunk Room; Insulated Floors Kitchen: First Lot Features: Dedicated Beach; Deeded Access; Landscaped; Near Beach Access; Survey Available Lot Access: Paved Road Bunk Room: Second Master Bathroom: Second Dining Room: First Great Room: First Pool Features: Fenced; Inground; Saltwater Studio: First Parking Features: Carport Detached; Driveway; Gravel; Other – See Remarks Other Structures: Guest House; Pergola Rooms: Bedroom; Bunk Room; Dining Room; Full Bathroom; Great Room; Kitchen; Master Bathroom; Master Bedroom; Studio Utilities: Electricity – Connected; Propane; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Kitchen	First	13 x 12	13.00	12.00	main house
Great Room	First	13 x 18	13.00	18.00	main house
Dining Room	First	7 x 9	7.00	9.00	main house
Master Bedroom	First	11 x 11	11.00	11.00	main house 1st floor MBR
Bedroom	Second	10 x 11	10.00	11.00	main house 2nd floor
Bunk Room	Second	10 x 11	10.00	11.00	main house 2nd floor
Master Bedroom	Second	12 x 12	12.00	12.00	main house upstairs MBR
Master Bathroom	Second	10 x 11	10.00	11.00	main house upstairs MBA
Kitchen	First	9 x 10	9.00	10.00	guest house
Studio	First	10 x 14	10.00	14.00	guest house living/sleeping area
Full Bathroom	First	5 x 8	5.00	8.00	guest house full bath

Listing Office: Beachy Beach Real Estate

Last Updated: March – 18 – 2026

Information deemed reliable but not guaranteed.