Homes for sale - 316 El Reposo PL, Panama City Beach, FL 32413

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

Mon

Dec

Tue

Dec

Wed

Dec

Mila Jackson

[email protected] +1(850) 218-7875

$ 700,000

Est. payment -/mo

Save

Active

316 El Reposo PL Panama City Beach, FL 32413

3 Beds

1 Bath

1,040 SqFt

UPDATED:

12/07/2024 01:47 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $673

Subdivision Laguna Beach

MLS Listing ID 764400

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1961

Annual Tax Amount $738

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Situated on an oversized 0.22-acre lot in the coveted west end of Laguna Beach, 316 El Reposo Place offers an exceptional opportunity for investors, developers, or beachside dreamers to own a rare property just steps from the pristine sands of the Emerald Coast. This charming 2-bedroom, 1-bathroom bungalow sits on a parcel three times the size of a standard lot, providing ample space to build two additional homes on-site or create a multi-unit rental venture, making it a standout opportunity in this high-demand market. The home itself welcomes you with a cozy screened-in porch, leading to well-maintained interiors featuring sleek vinyl flooring, a spacious master bedroom, and an open-concept kitchen and dining area. Practical touches such as an enclosed outdoor shower and a large backyard workshop set on a durable concrete slab add functionality and charm. For buyers with an expanded vision, this property is available alongside the adjacent lot at 311 Coronado Place, creating a combined footprint with the potential for up to four buildable lots if the existing structures are removed and the properties are subdivided. Located near iconic local spots like Thomas Donut & Snack Shop and Carousel Supermarket, 316 El Reposo Place is perfectly positioned to enjoy the relaxed yet vibrant atmosphere of Laguna Beach. Whether you envision developing an expansive residential project, creating a vacation rental paradise, or enjoying the cozy charm of this existing bungalow, this property offers a rare combination of location, potential, and versatility. Don't miss this chance to capitalize on one of Panama City Beach's most sought-after opportunities--schedule your private showing today and start planning your dream development or investment.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s), Electric, Window Unit(s)

Furnishings Negotiable

Fireplace No

Appliance Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Porch, Patio

Parking Features Detached Carport, Unpaved

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected

Roof Type Asphalt,Metal

Porch Porch, Screened

Building

Architectural Style Bungalow

Additional Building Workshop

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 37774-000-000

Special Listing Condition Listed As-Is

Listed by LPT Realty LLC

Mila Jackson

+1(850) 218-7875

Mila Jackson

316 El Reposo PL Panama City Beach, FL 32413

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

316 El Reposo PL