120-124 Deluna Place, Panama City Beach, FL 32413 (MLS# 790384)


$672,800
120-124 Deluna Place
Panama City Beach, FL 32413
MLS# 790384



150 x 67 on pond partially cleared, palm trees and other pretty scape left, close to the white sandy beaches of Laguna Dedicated Beach.
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150 x 67 on pond partially cleared, palm trees and other pretty scape left, close to the white sandy beaches of Laguna Dedicated Beach. 120-124 Deluna 120-124 Deluna Pl Aerial - (4) 124 Deluna Pl Aerial - (5) 124 Deluna Pl Aerial - (6) 124 Deluna Pl Aerial - (8) 150x67 waterfront on pond, really pretty 150 road front and 67 to the pond edge. waterfront on pond, walk to beach, so close to the Gulf of America P1200666 P1200668 P1200698 P1200696 P1200672 P1200681 P1200687 P1200684 P1200700 P1200665 P1200702 Bundle Advantage area view casa bch view dedicate no buildings Dedicated Bch long view Upview water view

Property Description
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.

Details
Maps
Contract Info
List Price/Acre: 2925217.39
Status: Active
List Date: 2026-05-26
List Price: $672,800
Current Price: $672,800
Location
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
General Property Info
Acreage: 0.23
Lot Size (SqFt): 10050
Lot Dimensions: 150x67
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3614
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 11
Township: 3S
Range: 17W
Remarks & Misc
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.
Office/Member Info
Seller Concessions: No
Assumable Mtg Typ
None: 1
Farm Info
Pond: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Addl Land Available: 1
Cleared: 1
Level: 1
Near Beach Access: 1
Within 1/2 Mile to Water: 1
Waterfront Feature
Waterfront Feet: 90
Lot Access
County Road: 1
Graded/Maintained: 1
Paved Road: 1
Present Zoning
Resid Multi-Family: 1
Unrestricted: 1
Other - See Remarks: 1
Utilities
Natural Gas - Available: 1
Sewer Available: 1
Water Available: 1
Other - See Remarks: 1
Waterview
Gulf: 1
Pond: 1
Waterfront Type
Pond w/o Gulf Access: 1
Property Features
Assumable Mtg Typ: None
Farm Info: Pond
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
Waterview: Gulf; Pond
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.