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



