$200,000
Panama City Beach, FL 32413
MLS# 770849
Status: Sold

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Property Description
Welcome to Laguna Beach—one of the most desirable areas on the highly sought-after West End of Panama City Beach! This cleared 50x110 vacant lot is ready for your vision with water and electricity already on site. Whether you're planning to build your dream home or looking for a prime investment opportunity, this lot has it all. Zoned R-2 with Bay County, short-term rentals are allowed, making it perfect for a beach rental or vacation retreat. Located in Flood Zone X, you'll also enjoy peace of mind with no flood insurance required. And the best part? No HOA—giving you flexibility and freedom in your build. The owner of this lot also owns the lot next door and would possibly sell it as well! This is your chance to own a slice of paradise just a short golf cart ride to the white sand beaches. Opportunities like this don't come around often—submit your offer today!
Details
Maps
Contract Info
Status: Sold
List Date: 2025-03-24
List Price: $222,000
Current Price: $200,000
List Price/Acre: 1707692.31
Location
Street #: 342
Street Name: Palm
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 - Beach - West Central
Subdivision: Crestview Heights
Community/Resort: None
Waterfront: No
Parcel ID: 35326-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: South on FL-79 toward US-98. Turn right onto US-98 W/Back Beach Rd, and continue for 3.4 miles. Turn left onto Twin Lakes Dr and drive for 0.2 miles. Turn right onto Twin Lakes Dr, then take another right onto Palm Dr.
Legal Description: CRESTVIEW HEIGHTS (6.10) S 40' LOT 6 & N 10' OF LOT 5 ORB 3949 P 2381 . BLK 3
General Property Info
Sub-Type: Residential Lots
Lot Dimensions: 50x110
Acreage: 0.13
Lot Size (SqFt): 5489
Status Change Info
Under Contract Date: 2025-08-20
Sold Date: 2025-09-22
Sold Price: $200,000
Sold Price/Acre: 1538461.54
Property Features
Financing: Cash; Conventional
Lot Access: Paved Road
Lot Features: Near Beach Access; Within 1/2 Mile to Water
Utilities: Electric - On-Site; Water Connected
Present Zoning: Resid Multi-Family; Resid Single Family
Listing Office: Beach House Sales and Development
Last Updated: September - 22 - 2025
Information deemed reliable but not guaranteed.