Address
205 El Reposo Place, Panama City Beach, FL
Price
$ 529,000
Property Attributes
- MLS#788898
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodLaguna Beach
- Zip32413
- Style
- Taxes$ 2634
- Price$ 529,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.17 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Prime Laguna Beach Development Opportunity -- Deeded Beach Access + Gulf View Potential A deep lot with deeded beach access, vacation-rental zoning, duplex potential, and Gulf-view upside -- all in one of Laguna Beach's most desirable, least commercialized beach pockets. Located just one block from the sand and near the iconic Thomas Donut & Snack Shop, this property offers excellent potential for a builder, investor, or end user. The lot is zoned for duplex use and vacation rentals, creating the opportunity to build two beachside units, each with its own private pool and strong short-term rental appeal. With a thoughtful two-story design, the property may offer beautiful Gulf and sandy beach views through the open, deeded beach corridor. Centrally located between 30A/Rosemary Beach and Pier Park, this quiet coastal location offers easy access to shopping, dining, entertainment, and the beach lifestyle buyers love. A rare opportunity to create a flexible, income-producing coastal asset in the heart of Laguna Beach.The seller may consider removing the existing mobile homes with the right offer, giving a buyer a cleaner path toward redevelopment. 205 and 207 are owned by the same seller and may be purchased together. 209 is owned by a separate seller and is also available for sale. 209 may be purchased separately or potentially combined with 205 and/or 207 for a larger redevelopment opportunity.
| Elementary School | Middle School | High School |
|---|---|---|
| West Bay Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/25/2026 | Listed $550,000 |
| 4/27/2026 | 5$579,000 |
| 8/14/2026 | 9$529,000 |
General Features
| Utilities | Septic Available |
|---|---|
| Property Subtype | Residential |
| Tax Year | 2025 |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | Laguna Beach |
| Status | Active |
| Directions | Heading west on front Beach Road after Highway 79 turn right on El Reposo plc the property on the left-hand side or west side |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7500 |
| Elementary School | West Bay |
| Tax Annual Amount | 2634 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0324 - Beach - West Central |
| Standard Status | Active |
| Property Sub Type Additional | Residential,Unimproved Land |
Exterior Features
| Lot Size Area | 0.17 |
|---|---|
| Lot Dimensions | 50x150 |
| Lot Size Acres | 0.17 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
