Address
209 El Reposo Place, Panama City Beach, FL
Price
$ 599,000
Property Attributes
  • MLS#788975
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodLaguna Beach
  • Zip32413
  • Style
  • Year Built1979
  • Taxes$ 5035
  • Price$ 599,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2378
  • Lot Size0.17 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Prime Laguna Beach Opportunity -- Deeded Beach Access + Gulf View Potential A deep 50' x 150' 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 exceptional flexibility for renovation, rental income, or redevelopment. The existing 4-bedroom, 3-bath structure has a versatile layout, including a 2-bedroom, 1-bath upstairs unit, a 1-bedroom, 1-bath downstairs unit with kitchen, plus an additional efficiency-style space. The property may offer strong potential as a triplex-style income property, subject to zoning, permitting, and county approval. Buyers may also explore renovating the existing structure, adding onto it, or redeveloping the lot entirely. With its deep lot size, duplex zoning potential, vacation-rental appeal, and beachside location, this is a rare opportunity for an investor, builder, or buyer looking to create a high-value coastal asset near the Gulf. 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. Buyer to verify all zoning, rental, renovation, redevelopment, and view potential.

Elementary School Middle School High School
West Bay Elementary School Surfside Middle School Arnold High School
Price History
4/27/2026 Listed $599,000

General Features

Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
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 5035
Middle/Junior High School Surfside
MLS Area Minor 0324 - Beach - West Central
Standard Status Active
Property Sub Type Additional Single Family Residence
Occupancy Type Occupied
Year Built 1979
Garage Y/N false
Total Rooms 6
Full Baths 3
Architectural Style Other
New Construction false

Interior Features

Total Baths 3
Furnished Units None
Total Bedrooms 4
LivingAreaSource Appraiser

Exterior Features

Lot Size Area 0.17
Lot Dimensions 50x150
Mobile Home Dimensions Feet
Lot Size Acres 0.17
Building Area Total 2378
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
AVG $1.42M
$600K
Taxes
AVG $8,292
$5,035
Year Built
AVG 2010
1979

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