120-124 Deluna Place, Panama City Beach, FL 32413
Local realty services provided by:ERA Neubauer Real Estate, Inc.
120-124 Deluna Place,Panama City Beach, FL 32413
$667,900
- 0.23 Acres
- Lots / Land
- Active
Listed by: krista r navarro
Office: gulf real estate
MLS#:790384
Source:FL_BCMLS
Price summary
- Price:$667,900
About this home
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!...
Contact an agent
Home facts
- Subdivision & Development:[No Recorded Subdiv]
- Listing ID #:790384
- Added:79 day(s) ago
- Updated:August 14, 2026 at 04:40 PM
Structure and exterior
- Lot area:0.23 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:West Bay
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$667,900
- Tax amount:$3,614 (2025)
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