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

$675,000

—

Bed

—

Bath

-

Sq Ft

0.23

Acres (Lot)

Land

Active

Listed by

Krista R Navarro

Gulf Real Estate

Last updated:

June 6, 2026, 02:24 PM

MLS#

790384

Source:

FL BCMLS

About This Land

120-124 Deluna Place

🌅 Waterfront Luxury Meets Beach Life | Build 3-4 Homes in Laguna Beach 🏖️Secure your slice of paradise on this rare waterfront lot where coastal living meets smart investing! 📈 Situated on a serene pond just steps from the Gulf, this property is perfectly primed for your primary residence, a guest cottage, small compound of homes, a lucrative short-term rental. With R2 Zoning these lots are allowed up to 2 homes each. ✨💎 The Highlights:🙅♂️ No Red Tape: Located in the coveted X FEMA Flood Zone! Build without the headache of extra permits, elevation studies, or high-cost flood insurance.🏡 R2 Zoning: Maximum flexibility to build two standalone homes or a main house with private guest quarters each lot.📍 Prime Location: A short, scenic stroll (~850 feet) to the crystal-clear emerald waters and white sandy beaches of Laguna Dedicated Beach! 🌊🌴 The Lifestyle:🍩 Local Icons: Walk to your favorites like the famous Thomas Donuts and the Carousel! 🎢🚙 Golf-Cart Friendly: Embrace the relaxed, 'beach-minded' culture of this vibrant golf-cart-centric neighborhood. 💨💼 Investor Approved: Vacation and short-term rentals are fully allowed for maximum ROI. Don't miss this rare chance to live in the sea air and build exactly what you've envisioned. Make your offer today! 🔑🦅 BEST PRICE LOTS IN THE WEST END.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.23

MLS #:

790384

Last Updated:

June 6, 2026, 02:24 PM

Added:

13 day(s) ago

Finances & Disclosures

Finances

Price:

$675,000

Source:FL BCMLS
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Gulf Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Gulf Real Estate, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.