, Panama City Beach, FL 32413 (MLS# 727217)

Panama City Beach, FL 32413

$1,125,000

Property Type: Commercial for Sale Square Footage: 5,400 Lot Size (sq. ft.): 7,841 Status: Sold

Current Price: $1,250,000 List Date: 5/27/2022 Last Modified: 12/04/2025

Description

Excellent Short Term Rental Opportunity. Two (2) Duplexes – Four (4) units in the famous Laguna Beach community on the West End of Panama City Beach. The rental units are one parcel off of Front Beach Road and a short stroll to the sugar-white sands along a stretch of dedicated beach. The parcel is zoned C-2 Plaza Commerical with a Future Land Use of Seasonal/ Resort (Bay County). Incredible Gulf views from all units. All units have similar floor plans, including 1,100 +/- SF 2 Bedroom, 1 .5 bathroom, kitchens, washer & dryer hook-up with an outdoor deck overlooking the Gulf of Mexico attached to the southern facing bedrooms . The Laguna Beach location provides an excellent place for residents and guests alike with an opportunity to be a short-term rental powerhouse.

Supplements: Excellent Short Term Rental Opportunity. Two (2) Duplexes – Four (4) units in the famous Laguna Beach community on the West End of Panama City Beach. The rental units are one parcel off of Front Beach Road and a short stroll to the sugar-white sands along a stretch of dedicated beach. The parcel is zoned Seasonal/ Resort Commercial (SR-2, Bay County). Incredible Gulf views from all units. All units have similar floor plans, including 1,100 +/- SF 2 Bedroom, 1 .5 bathroom, kitchens, washer & dryer hook-up with an outdoor deck overlooking the Gulf of Mexico attached to the southern facing bedrooms. The Laguna Beach location provides an excellent place for residents and guests alike with an opportunity to be a short-term rental powerhouse.

More Information MLS# 727217

Contract Info

List Price/SqFt: 231.48 List Date: 2022-05-13 List Price: $1,250,000 Current Price: $1,125,000 Sub-Type: Multi-Family

Location

Sub Area: 0324 – Beach – West Central Community/Resort: Laguna Beach Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: West end of Hwy 98 in Panama City Beach. On the corner of Malaga Place and Casa Place. Area: 03 – Bay County – Beach State: FL Zip Code: 32413 County: Bay Subdivision: Laguna Beach Legal Description: LAGUNA BEACH 20C3 (1.02) BEG NW COR LOT 1 TH SWLY 79.1′ SELY 45′ NELY 16.84′ SELY 54.99′ NELY 60′ NWLY 99.94′ TO POB ORB 1948 P 1704

General Property Info

List Class: Commercial Acreage: 0.18 Construction Status: Construction Complete SqFt Tot Bldg: 5400 Year Built: 1986

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Excellent Short Term Rental Opportunity. Two (2) Duplexes – Four (4) units in the famous Laguna Beach community on the West End of Panama City Beach. The rental units are one parcel off of Front Beach Road and a short stroll to the sugar-white sands along a stretch of dedicated beach. The parcel is zoned C-2 Plaza Commerical with a Future Land Use of Seasonal/ Resort (Bay County). Incredible Gulf views from all units. All units have similar floor plans, including 1,100 +/- SF 2 Bedroom, 1 .5 bathroom, kitchens, washer & dryer hook-up with an outdoor deck overlooking the Gulf of Mexico attached to the southern facing bedrooms . The Laguna Beach location provides an excellent place for residents and guests alike with an opportunity to be a short-term rental powerhouse.

Status Change Info

Sold Price/SqFt: 208.33 Sold Price/Acre: 6250000 Status: Sold Under Contract Date: 2022-05-27 Sold Date: 2022-11-30 Sold Price: $1,125,000

Floors in Unit/Home

Two: 1

Listing Office: Wattenbarger Management, LLC

Last Updated: December – 04 – 2025

Information deemed reliable but not guaranteed.