209 El Reposo Place, Panama City Beach, FL 32413

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.