120-124 Deluna Place
Panama City Beach, FL 32413
MLS# 790384
Property Description🌅 Waterfront Luxury Meets Beach Life | Build 3-4 Homes in Laguna Beach 🏖️Secure your slice of paradise on this rare waterfront lot where coastal living meets smart investing! 📈 Situated on a serene pond just steps from the Gulf, this property is perfectly primed for your primary residence, a guest cottage, small compound of homes, a lucrative short-term rental. With R2 Zoning these lots are allowed up to 2 homes each. ✨💎 The Highlights:🙅♂️ No Red Tape: Located in the coveted X FEMA Flood Zone! Build without the headache of extra permits, elevation studies, or high-cost flood insurance.🏡 R2 Zoning: Maximum flexibility to build two standalone homes or a main house with private guest quarters each lot.📍 Prime Location: A short, scenic stroll (~850 feet) to the crystal-clear emerald waters and white sandy beaches of Laguna Dedicated Beach! 🌊🌴 The Lifestyle:🍩 Local Icons: Walk to your favorites like the famous Thomas Donuts and the Carousel! 🎢🚙 Golf-Cart Friendly: Embrace the relaxed, 'beach-minded' culture of this vibrant golf-cart-centric neighborhood. 💨💼 Investor Approved: Vacation and short-term rentals are fully allowed for maximum ROI. Don't miss this rare chance to live in the sea air and build exactly what you've envisioned. Make your offer today! 🔑🦅 BEST PRICE LOTS IN THE WEST END.
List Price/Acre: 2934782.61
Status: Active
List Date: 2026-05-26
List Price: $675,000
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: 🌅 Waterfront Luxury Meets Beach Life | Build 3-4 Homes in Laguna Beach 🏖️Secure your slice of paradise on this rare waterfront lot where coastal living meets smart investing! 📈 Situated on a serene pond just steps from the Gulf, this property is perfectly primed for your primary residence, a guest cottage, small compound of homes, a lucrative short-term rental. With R2 Zoning these lots are allowed up to 2 homes each. ✨💎 The Highlights:🙅♂️ No Red Tape: Located in the coveted X FEMA Flood Zone! Build without the headache of extra permits, elevation studies, or high-cost flood insurance.🏡 R2 Zoning: Maximum flexibility to build two standalone homes or a main house with private guest quarters each lot.📍 Prime Location: A short, scenic stroll (~850 feet) to the crystal-clear emerald waters and white sandy beaches of Laguna Dedicated Beach! 🌊🌴 The Lifestyle:🍩 Local Icons: Walk to your favorites like the famous Thomas Donuts and the Carousel! 🎢🚙 Golf-Cart Friendly: Embrace the relaxed, 'beach-minded' culture of this vibrant golf-cart-centric neighborhood. 💨💼 Investor Approved: Vacation and short-term rentals are fully allowed for maximum ROI. Don't miss this rare chance to live in the sea air and build exactly what you've envisioned. Make your offer today! 🔑🦅 BEST PRICE LOTS IN THE WEST END.
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: May - 26 - 2026
Information deemed reliable but not guaranteed.