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120-124 Deluna Place, Panama City Beach, FL 32413

Panama City Beach, FL 32413
  • MLS 1004164

About this home

RARE WEST END DEVELOPMENT OPPORTUNITY! Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. SEWER LINE ACCESS Build bigger with 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. Owner finance options available w/ interest only payments, call for info!

Property details

Property typeUnimproved Land
StatusActive
Area27 - Bay County
SubdivisionMETES & BOUNDS
CityPanama City Beach
CountyBay
Zip32413
Taxes$2,409
Tax year2025
WaterfrontYes
ViewGulf
Special conditionsAccept Backup Offers

Exterior & lot

Lot size0.23 acres
Lot dimensions150x67
Road frontageCounty Road, See Remarks

Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Community

DirectionsOff Front Beach Road on the West End (near Thomas Donuts), on Deluna just a few lots up off Front Beach, easy quick beach access and pond front land. Go see

Data source: Emerald Coast Association of REALTORS®

Location

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