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120-124 Deluna Place

Panama City Beach, FL 32413
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Acres0.23

Acre(Lot)

Newsflash: We confirmed sewer access for this location and the SEWER LINE INSTALL is about to start directly in front of these lots and does already exist across the road. Before you can complete your build it will be ready for hookup, to break ground any day now. BUILD 3 LARGE HOMES ON THESE TWO LOTS! OWNER FINANCE OPTION. 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. Owner finance options, interest only payments call for terms. Make us your owner finance offer!

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Detail Ic Property Details

Property Type : Land

Price : $667,900

AD Id : 79268625

MLS Id : 790384

Lot Size : 0.23 Acre(Lot)

County : Bay

Subdivision: The Ridge Ph Three

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Feature Features

  • Heating & Cooling

    Water front: 1

  • Lot Information

    Lot Dimensions: 150x67 Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Square Feet: 10,050 Lot Description: Paved

    Property Information

    Subdivision: [No Recorded Subdiv] Source Property Type: Land MLS Area Minor: 0324 - Beach - West Central Zoning Description: Other - See Remarks, Resid Multi-Family, Unrestricted Property SubType: Residential

  • Listing Price Information

    Listing Price: $667900
    Original Price: $675000

  • Tax Information

    Parcel Number: 37242-010-000 Tax Year: 2025 Annual Tax: $3614 Tax Legal Desc: 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

  • School Information

    Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    SewerAvailable
  • Location Information

    Direction: 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6323 Sunset Avenue, Panama City Beach, FL, 32413 $365,000 -- -- -- 0.26 Acre(Lot)
6307 River House Drive, Panama City Beach, FL, 32413 $199,000 -- -- -- 0.35 Acre(Lot)
6311 River House Drive, Panama City Beach, FL, 32413 $199,000 -- -- -- 0.52 Acre(Lot)
6305 Turkey Cove Lane, Panama City Beach, FL, 32413 $395,000 -- -- -- 0.45 Acre(Lot)
6308 Turkey Cove Lane, Panama City Beach, FL, 32413 $205,000 -- -- -- 1.05 Acres(Lot)
6401 E Sundew Marsh Tra.., Panama City Beach, FL, 32413 $190,000 -- -- -- 0.76 Acre(Lot)
8414 Deepwater Creek Lane, Panama City Beach, FL, 32413 $199,000 -- -- -- 0.77 Acre(Lot)
6315 Turkey Cove Lane, Panama City Beach, FL, 32413 $295,000 -- -- -- 1.61 Acres(Lot)
6502 Golden Aster Trail, Panama City Beach, FL, 32413 $134,900 -- -- -- 0.72 Acre(Lot)
7504 Loons Call Lane, Panama City Beach, FL, 32413 $457,500 -- -- -- 0.74 Acre(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/15/2026 @ 07:27

MLS: 790384 LISTED BY: Krista Navarro, Gulf Real Estate 850-258-2611 SOURCE: CPAR

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