120-124 Deluna Place
Panama City Beach, FL 32413
MLS# 790384
Property DescriptionBUILD 3 HOMES ON THESE TWO LOTS! Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. R2 zoning allows you to build 3 homes across these parcels, your land cost drops to an unbeatable $224,266 per house lot!
No HOA: Complete architectural freedom to build high-occupancy Airbnb/VRBO floor plans with no architectural review committee. Water Views: Vertical layouts capture overlapping views of the Gulf and the adjacent natural pond.
Public Sewer Access: Skip the five-figure costs and footprint limits of coastal septic systems.
Easy walking/golf-cart distance to the beach, the Carousel, and Thomas Donut & Snack Shop.
Secure the bundle today and maximize the best pro-forma per-door land price on the West End. Proof of funds or builder pre-approval required. Short-term seller financing considered for qualified buyers.
The Shovel-Ready Margin Potential:
All-In Cost: ~$1.63M (Includes $672,800 land, $910,000 build budget for ~3,500 total sq ft, and $55,000 for permits/fees) estimated.
The Exit Value: $2,040,000+ total portfolio retail value based on recent West End sales possibilities.
The Profit Potential: Net over $400,000 in gross profit (~24.5% margin) by mobilizing one crew for anticipated gains. Agents standing by, call now.
List Price/Acre: 2925217.39
Status: Active
List Date: 2026-05-26
List Price: $672,800
Sub Area: 0324 - Beach - West Central
Community/Resort: None
Waterfront: Yes
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Off Front Beach Road in 1st Block of Laguna Beach. Not far from Thomas Donuts, WEST END! This is the first street of THE WEST END.
Street #: 120-124
Street Name: Deluna
Street Suffix: Place
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32413
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 37242-010-000
Legal Description: 11 3S 17W -6.7- 20C4 BEG 460' NLY OF INTERSECTION OF N R/W 98 & THE ELY R/W OF DELUNA PL CONT ON R/W 150' SELY 67' SWLY 150' NWLY 67' TO POB
Acreage: 0.23
Lot Size (SqFt): 10050
Lot Dimensions: 150x67
Sub-Type: Residential Lots
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3614
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks: BUILD 3 HOMES ON THESE TWO LOTS! Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. R2 zoning allows you to build 3 homes across these parcels, your land cost drops to an unbeatable $224,266 per house lot!
No HOA: Complete architectural freedom to build high-occupancy Airbnb/VRBO floor plans with no architectural review committee. Water Views: Vertical layouts capture overlapping views of the Gulf and the adjacent natural pond.
Public Sewer Access: Skip the five-figure costs and footprint limits of coastal septic systems.
Easy walking/golf-cart distance to the beach, the Carousel, and Thomas Donut & Snack Shop.
Secure the bundle today and maximize the best pro-forma per-door land price on the West End. Proof of funds or builder pre-approval required. Short-term seller financing considered for qualified buyers.
The Shovel-Ready Margin Potential:
All-In Cost: ~$1.63M (Includes $672,800 land, $910,000 build budget for ~3,500 total sq ft, and $55,000 for permits/fees) estimated.
The Exit Value: $2,040,000+ total portfolio retail value based on recent West End sales possibilities.
The Profit Potential: Net over $400,000 in gross profit (~24.5% margin) by mobilizing one crew for anticipated gains. Agents standing by, call now.
Addl Land Available: 1
Cleared: 1
Level: 1
Near Beach Access: 1
Within 1/2 Mile to Water: 1
County Road: 1
Graded/Maintained: 1
Resid Multi-Family: 1
Unrestricted: 1
Natural Gas - Available: 1
Sewer Available: 1
Water Available: 1
Other - See Remarks: 1
Financing: Cash; Conventional
Lot Access: County Road; Graded/Maintained; Paved Road
Lot Features: Addl Land Available; Cleared; Level; Near Beach Access; Within 1/2 Mile to Water
Utilities: Natural Gas - Available; Sewer Available; Water Available; Other - See Remarks
Waterfront Type: Pond w/o Gulf Access
Present Zoning: Resid Multi-Family; Unrestricted; Other - See Remarks
Listing Office: Gulf Real Estate
Last Updated: July - 29 - 2026
Information deemed reliable but not guaranteed.