108 Benicia PL Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $694
Subdivision Laguna Beach
MLS Listing ID 796891
Style Bungalow
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,221
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Property Description
Just a short stroll away, Laguna Beach's dedicated, undeveloped beachfront offers sugar-white sand, emerald Gulf waters, and beach access with golf cart parking. Imagine designing a custom beach house with Gulf views and easy access to days on the sand. Enjoy the relaxed Laguna Beach setting with convenient access to the shopping, dining, and entertainment of Panama City Beach and nearby 30A.
The luxury home across the street at 107 Benicia Place sold for $2.5 million in May 2024 and reportedly generates more than $200,000 in annual rental revenue, highlighting the caliber of nearby development. These figures relate to a separate, improved property and are not a projection or guarantee of this property's future value or rental performance. Explore the potential for a primary residence, second home, or vacation rental development, subject to applicable zoning, permitting, and rental requirements.
PROPERTY IS BEING SOLD AS IS, WITH NO VALUE ASSIGNED TO THE EXISTING HOME. Seller will make no repairs, replacements, or improvements. The existing electrical and plumbing systems are not to code, and there is no working HVAC. Electricity is currently connected to the property, which is served by well and septic. City water installation is reportedly underway on the street behind the property, with Benicia Place expected to follow. Buyer to verify the utility extension schedule, availability, connection costs, and all development requirements.
Gulf views, no HOA, a survey available, and Laguna Beach access just down the street make this a compelling opportunity to create something special along Florida's Emerald Coast. Bring your builder and your vision--schedule your visit before this opportunity is gone!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Storage
Fireplace No
Exterior
Community Features Short Term Rental Allowed
View Y/N Yes
View Gulf
Private Pool No
Building
Lot Description Paved
Architectural Style Bungalow
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 37885-000-000
Special Listing Condition Listed As-Is