Residential Land for Sale in Panama City Beach, Florida

Rare Oversized Lot in Prime Laguna Beach - Build Your Dream or Invest Big! Seize this exceptional opportunity at 107 Deluna St., Panama City Beach: a sprawling 75x150 lot (that's 1.5 standard lots) and the adjacent 50x150 lot! This offers a rare chance to own a massive combined 2.5-lot parcel (approximately 150' x 125' - 18750 sq ft) in the highly coveted Laguna Beach neighborhood, just 50 yards off Front Beach Road/Highway 98 and only one block from the sugar-white sand. Lots can be purchased together or separate based on your needs. Imagine constructing a massive custom home with a resort-style pool, expansive entertainment areas, and an oversized garage - all with room to spare for that luxurious coastal lifestyle you've been craving. This opportunity offers unmatched privacy, direct beach access, and proximity to top amenities like Thomas Donuts, shops, dining, and endless recreation. It's not just land; it's a canvas for your dream retreat or a savvy investment with serious upside. Zoned for single-family or multi-family development - ideal for: Multiple townhomes or duplexes (buyer to verify current density allowances - previous comps in the neighborhood support multi-unit builds) Dead-end street, mature oaks, peaceful vibe, and surrounded by newer high-end homes and remodels. This section of Laguna Beach is one of the last quiet, non-high-rise areas left on the west end with this kind of lot size and proximity. Properties like this simply do not come available. Whether you're a builder looking for your next profitable project or a buyer wanting the ultimate homesite just one lot off the beach, this is it.