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Property view

318 Placido Place, 
Panama City Beach, FL 32413

$1,112,500


5

Beds


5

Baths


2,304

Sq Ft


Single Family

Sold

Listed by

Jessica J Albritton

Beachy Beach Real Estate

MLS#

997048

Source:

FL ECAR

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About This Home

318 Placido Place

EXCEPTIONAL IN EVERY WAY! Opportunities like this are exceedingly rare -- a fully reimagined dual-residence coastal compound just three blocks from the Gulf, masterfully renovated to the highest of standards. The impressive 2,000+ square foot main home and private detached guest cottage (ADU) have been curated with designer-level finishes, sophisticated details, and impeccable craftsmanship throughout. Anchoring the property is a brand-new private in-ground saltwater pool, creating a true resort-caliber oasis that elevates both everyday living and upscale entertaining. Whether envisioned as a refined personal retreat, a multigenerational sanctuary, or a high-performing income-producing investment, this turnkey property delivers an extraordinary combination of luxury, flexibility, and long- term value rarely found in this coveted coastal setting. The main residence with 4 bedrooms and 3.5 baths, welcomes you with an expansive open-concept living area centered around a gas fireplace and a showpiece kitchen featuring a gas, dual fuel chef's stove with convection oven, an oversized breakfast bar, abundant workspace, and seamless flow into the dining area with custom built-in seating. A private first-floor primary suite offers a spa-inspired bath, while a convenient laundry room and powder bath complete the main level. Upstairs, you'll find a second luxurious primary suite with a breathtaking bathroom featuring a soaking tub and generous tiled shower, along with an additional guest bedroom, full bath, and a custom bunk room with two built-in bunk sets--perfect for maximizing rental potential or hosting guests. Maintenance-free luxury vinyl plank flooring runs throughout the living areas, with tile in all baths for a clean, modern finish. Outdoor living rivals that of a private resort. Enjoy the inground swimming pool, gas firepit with Adirondack seating, expansive back deck, and a fully outfitted entertainment area with large-screen TV. The professionally designed grounds include landscape lighting, hardscaping, charming fencing, a paver driveway, and a pergola-style carport. Adding tremendous flexibility and value, the detached guest cottage features its own private driveway and entrance, allowing it to function as a completely separate rental or private residence. This studio-style retreat includes a stylish kitchen, living/sleeping space, and a beautifully appointed bathroom--ideal for guests or additional income. Currently operating as a successful short-term rental with strong income history despite limited rental time, this turnkey property offers exceptional versatility--live in one residence and rent the other, or maximize returns by renting both. Connected to city sewer (a major advantage) and located in the highly desirable Laguna Beach area near 30A, this property delivers the look, feel, and quality of a premier coastal luxury home. A true coastal compound combining lifestyle, location, and income potential--properties of this caliber rarely become available. Call your favorite realtor and make an appointment to see it today!

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 2007

Price Summary

1,275,000

$553 per Sq. Ft.

MLS #:

997048

Sold:

April 30, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

2,304 Sq. Ft.


Structure

Structure

Architectural Style:

Craftsman Style

Building Area:

2,304 Sq. Ft.

Year Built:

2007


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$1,275,000

Price per Sq. Ft:

$553 per Sq. Ft.

Source:FL ECAR
The information being provided by Emerald Coast 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 Emerald Coast Association Of REALTORS®. Beachy Beach Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Beachy Beach Real Estate, a broker participant of Emerald Coast 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 Emerald Coast 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 Emerald Coast Association Of REALTORS®. All rights reserved.