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316 El Reposo Place

Panama City Beach, FL 32413
  • $700,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: 764400
UPDATED: 49 min ago
$700,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,040
    SQFT
  • $673
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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.

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© 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 The Coastal Connection at eXp Realty. Data last updated: 2025-02-06T15:04:19.3.
www.thecoastalconnectionpropertysearch.com/homes/157296363
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316 El Reposo Place Panama City Beach, FL 32413

  • Price: $700,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 49 min ago
  • MLS #: 764400
3
Beds
1
Baths
0
½ Baths
0.22
Acres
1,040
SQFT
$673
$/SQFT
1961
Built
Neighborhood:
Laguna Beach
County:
Bay
Area:
Bay County-Beach
Elementary School:
West Bay
Middle School:
Surfside
High School:
Arnold
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.
Exterior Features

Architectural Style Bungalow Carport YN Yes Construction Materials Vinyl Siding Wood Frame Exterior Features Porch Patio Garage YN No Other Structures Workshop Patio And Porch Features Porch Screened Road Frontage Type City Street Roof Asphalt Metal

Interior Features

Appliances Dryer Dishwasher Electric Cooktop Electric Range Disposal Microwave Refrigerator Washer Cooling Central Air Ceiling Fan(s) Electric Window Unit(s) Cooling YN Yes Furnished Negotiable Heating Central Heating YN Yes Parking Features Detached Carport Unpaved

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Lot Size Dimensions 98x130x50x67x51x65 Occupant Type Occupied Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Special Listing Conditions Listed As- Is Tax Annual Amount 738 Tax Year 2023 Utilities Electricity Connected Waterfront YN No Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of LPT Realty LLC: (877) 366-2213. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 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 The Coastal Connection at eXp Realty. Data last updated: 2025-02-06T15:04:19.3.
 
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