120-124 Deluna Place, Panama City Beach, FL 32413
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
120-124 Deluna Place,Panama City Beach, FL 32413
$667,900
- 0.23 Acres
- Lots / Land
- Active
Listed by: krista r navarro
Office: gulf real estate
MLS#:1004164
Source:FL_ECAR
Price summary
- Price:$667,900
About this home
RARE WEST END DEVELOPMENT OPPORTUNITY! Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. SEWER LINE ACCESS Build bigger with 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 available w/ interest only payments, call for info!...
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Home facts
- Subdivision & Development:METES & BOUNDS
- Listing ID #:1004164
- Added:97 day(s) ago
- Updated:September 02, 2026 at 02:48 PM
Structure and exterior
- Lot area:0.23 Acres
- Lot Features:Level
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:West Bay
Utilities
- Water:Tap Fee Due
- Sewer:Sewer Available
Finances and disclosures
- Price:$667,900
- Tax amount:$2,409 (2025)
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