Price Reduction - Water Views
Address
108 Benicia Place, Panama City Beach, FL
Price
$ 574,900
Property Attributes
- MLS#1014908
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodLaguna Beach
- Zip32413
- StyleFlorida Cottage
- Year Built1948
- Taxes$ 3221
- Price$ 574,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage864
- Lot Size0.19 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
GULF VIEWS, NO HOA, AND BEACH ACCESS AT THE END OF THE STREET! Discover the possibilities at 108 Benicia Place in Laguna Beach on the desirable west end of Panama City Beach, Florida. With approximately 65 feet of frontage and 150 feet of depth, this irregularly shaped lot offers an exceptional setting for your next coastal project. The value is in the land, location, and redevelopment potential. Survey available. PROPERTY IS BEING SOLD AS IS, WITH NO VALUE ASSIGNED TO THE EXISTING HOME. Seller will make no repairs, replacements, or improvements. The existing electrical and plumbing systems are not to code, and there is no working HVAC. Electricity is currently connected to the property, which is served by well and septic. City water installation is reportedly underway on the street behind the property, with Benicia Place expected to follow. Buyer to verify the utility extension schedule, availability, connection costs, and all development requirements. Gulf views, no HOA, a survey available, and Laguna Beach access just down the street make this a compelling opportunity to create something special along Florida's Emerald Coast. Bring your builder and your vision--schedule your visit before this opportunity is gone! See supplement for additional location and redevelopment information. Just a short stroll away, Laguna Beach's dedicated, undeveloped beachfront offers sugar-white sand, emerald Gulf waters, and beach access with golf cart parking. Imagine designing a custom beach house with Gulf views and easy access to days on the sand. Enjoy the relaxed Laguna Beach setting with convenient access to the shopping, dining, and entertainment of Panama City Beach and nearby 30A. The luxury home across the street at 107 Benicia Place sold for $2.5 million in May 2024 and reportedly generates more than $200,000 in annual rental revenue, highlighting the caliber of nearby development. These figures relate to a separate, improved property and are not a projection or guarantee of this property's future value or rental performance. Explore the potential for a primary residence, second home, or vacation rental development, subject to applicable zoning, permitting, and rental requirements.
| Elementary School | Middle School | High School |
|---|---|---|
| West Bay Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 11/5/2026 | Listed $599,999 |
| 11/5/2026 | 4$574,900 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | Laguna Beach |
| Status | Active |
| Buyer Financing | Other |
| Directions | Turn left from 79 on Hwy 98. 1.5 miles on left take Benicia in Laguna Beach. Home is on left near Gulf. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8276.4 |
| Elementary School | West Bay |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2724 - Beach - West Central |
| Standard Status | Active |
| Sewer | Septic Tank |
| View | Gulf |
| Architectural Style | Florida Cottage |
| Construction Materials | Block |
| Year Built | 1948 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 4 |
| Carport Y/N | true |
| Property Condition | Needs Work,Construction Complete |
| Carport Spaces | 1 |
Interior Features
| Total Baths | 1 |
|---|---|
| Furnished Y/N | Furnished - None |
Exterior Features
| Lot Features | Irregular,Survey Available,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.19 |
| Lot Dimensions | 65.0 ft x 150.0 ft irregular |
| Lot Size Acres | 0.19 |
| Road Surface Type | Paved |
| Building Area Total | 864 |
| Parking Features | Carport Attached |
| Water Source | Well |
| Total Parking | 2 |
| Covered Spaces | 1 |
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
Year Built
In The Neighborhood
Just Listed
West Panama City Beach
$ 1,325,000
- Type
- Single Family
- Size
- 2,013 SqFt
- Rooms
- 4 Beds + 3.5 Baths
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
Copyright © 2026 by the Multiple Listing Service of the Pensacola Association of
REALTORS ® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS ®. Florida
Navarre Area Board of Realtors® 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
