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

$672,800
  • 120-124 Deluna Place, Panama City Beach, FL 32413 Main Photo

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Active Price Reduced by $2,200 on July 21st, 2026
LOT SIZE 0.230 acres MLS#790384
STATUSActive PROPERTY TYPELand - Residential

Property Description

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.

120-124 Deluna Place | MLS# 790384

This land located at 120-124 Deluna Place, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $672,800. The property has approximately 0.23 Acres. Search Panama City Beach real estate on www.premierfl.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.23 Acres
Taxes: $3,614

Feature Descriptions

Days on Site: 58
Lot: Paved
Lot Dimensions: 150x67
Parcel#: 37242-010-000
Special View Info: Gulf, Pond
Utilities: Sewer Available
Waterfront: Pond

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Gulf Real Estate

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,994.76 per month $1,497.36 Principal & Interest $301.17 Property Tax $196.23 Homeowner's Insurance

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