Description
Situated in the desirable west end of Laguna Beach, Panama City Beach, 311 Coronado Place presents a rare and versatile development opportunity in a market where such prospects are increasingly hard to find. This 0.07-acre lot, just steps from the stunning Emerald Coast beaches, offers unparalleled potential for developers, investors, or visionaries looking to create their dream project. The property, currently featuring an uninhabitable trailer, is being sold for its land value, with the seller offering to cover the cost of trailer and debris removal with an acceptable offer, paving the way for immediate redevelopment. For buyers seeking expanded possibilities, this lot can be purchased alongside an adjacent three-lot parcel, providing the chance to acquire a total of four prime developable lots. Envision building a single custom home, a pair of modern beachside residences, or even subdividing the larger parcel to create multiple units for vacation rentals or resale. Nestled in the heart of Laguna Beach, this property is located near iconic local attractions such as Thomas Donut & Snack Shop and Carousel Supermarket, ensuring convenience and charm that attract both residents and tourists alike. With its proximity to the Gulf and thriving market demand, this offering is ideal for those looking to capitalize on the high growth and rental potential of Panama City Beach. Whether you're dreaming of a legacy project or a profitable development venture, 311 Coronado Place provides the foundation to make your vision a reality. Don't miss this exceptional opportunity to own a piece of the Emerald Coast's most coveted neighborhood.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Situated in the desirable west end of Laguna Beach, Panama City Beach, 311 Coronado Place presents a rare and versatile development opportunity in a market where such prospects are increasingly hard to find. This 0.07-acre lot, just steps from the stunning Emerald Coast beaches, offers unparalleled potential for developers, investors, or visionaries looking to create their dream project. The property, currently featuring an uninhabitable trailer, is being sold for its land value, with the seller offering to cover the cost of trailer and debris removal with an acceptable offer, paving the way for immediate redevelopment. For buyers seeking expanded possibilities, this lot can be purchased alongside an adjacent three-lot parcel, providing the chance to acquire a total of four prime developable lots. Envision building a single custom home, a pair of modern beachside residences, or even subdividing the larger parcel to create multiple units for vacation rentals or resale. Nestled in the heart of Laguna Beach, this property is located near iconic local attractions such as Thomas Donut & Snack Shop and Carousel Supermarket, ensuring convenience and charm that attract both residents and tourists alike. With its proximity to the Gulf and thriving market demand, this offering is ideal for those looking to capitalize on the high growth and rental potential of Panama City Beach. Whether you're dreaming of a legacy project or a profitable development venture, 311 Coronado Place provides the foundation to make your vision a reality. Don't miss this exceptional opportunity to own a piece of the Emerald Coast's most coveted neighborhood.
© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2025-01-22T00:04:09.223.
Listing provided courtesy of LPT Realty LLC: (877) 366-2213. Listing information © 2025 Central Panhandle Association of Realtors MLS.