127 E Lakeshore Drive

Panama City Beach, FL 32413

Rare oversized lot just one block from the beach in the heart of Laguna Beach.This exceptional homesite offers a unique opportunity to build your dream coastal retreat or create a multi-home investment in one of Panama City Beach's most beloved neighborhoods. Located just steps from a dedicated beach access, the lot boasts ample space to accommodate a spacious legacy home with Gulf views, or can be subdivided to maximize its development potential. With its generous dimensions and ideal elevation, the property is perfectly suited for a custom-designed residence that captures the beauty of the Emerald Coast. Imagine relaxing on a rooftop deck with panoramic Gulf views, or enjoying breezy afternoons in a backyard built for entertaining--all just moments from the sugar-white sands. The neighborhood is home to a mix of charming beach cottages and newly built multi-million dollar homes, underscoring the long-term value and desirability of this location. Tucked into the peaceful, golf-cart-friendly community of Laguna Beach, you'll enjoy a relaxed, Old Florida atmosphere with no HOA restrictions and a true neighborhood feel. Just a short drive away is the vibrant town center of Pier Park, offering shopping, dining, and entertainment, while the world-class beaches, restaurants, and boutiques of Scenic 30A are also within easy reach. Whether you're looking to build a full-time residence, vacation getaway, or explore a smart development play, this rare lot offers endless potential in a rapidly appreciating, Gulf-side setting.

Listing courtesy of Mandy Cooper of Scenic Sotheby's International Realty



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Last checked: 2025-08-28 03:33 AM UTC