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: $1,125,000 List Date: 5/27/2022 Last Modified: 12/04/2025

Overview

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 Count

Listing Details MLS# 727217

Contract Info

List Price/SqFt
231.48
Sub-Type
Multi-Family

Location

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
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.
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
Construction Status
Construction Complete
Acreage
0.18
SqFt Tot Bldg
5400
Year Built
1986

Status Change Info

Under Contract Date
2022-05-27
Sold Date
2022-11-30
Sold Price/SqFt
208.33
Sold Price/Acre
6250000

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.

More Information

Floors in Unit/Home

Two
Yes
Listing Office: Wattenbarger Management, LLC
Last Updated: December – 04 – 2025
Information deemed reliable but not guaranteed.