120-124 Deluna PL, Panama City Beach, FL 32413
120-124 Deluna PL, Panama City Beach, FL 32413
120-124 Deluna PL, Panama City Beach, FL 32413
27
See all 27 photos
$672,800
Est. payment /mo
Save
10,018 Sqft Lot
Price Dropped by $2K

120-124 Deluna PL Panama City Beach, FL 32413

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision [No Recorded Subdiv]

MLS Listing ID 790384

HOA Y/N No

Annual Tax Amount $3,614

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Residential

Property Description

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!

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Fireplace No

Exterior

Utilities Available Sewer Available

Waterfront Description Pond

View Y/N Yes

Water Access Desc Pond

View Gulf, Pond

Private Pool No

Building

Lot Description Paved

Sewer Public Sewer

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 37242-010-000


Listed by Gulf Real Estate

NEARBY SCHOOL & BUSINESS

GET IN TOUCH

Name
Phone*
Message

Go tour this home

120-124 Deluna PL