Florida
Panama City Beach
127 E Lakeshore Drive

$900,000

127 E Lakeshore Drive, Panama City Beach, FL 32413

Land
Built in ——
0.31acre lot
—— car garage
$——/sqft
Listed 24 days ago

Property Description

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 Status:: Active
Date Added:: July 14, 2025 at 05:00AM
Listing Office:: Scenic Sotheby's International Realty : mandy.cooper@scenicsir.com
Listing Agent:: Mandy Cooper : 850-685-1021
MLS ID:: 980888

Road/Access: County Road
Originating MLS: Emerald Coast Association of REALTORS®
County: Bay

This listing courtesy of Mandy Cooper, Scenic Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

West Bay Elementary School

14813 School Dr, Panama City Beach, FL, 32413

Grades KG-5

5.04 miles away

Surfside Middle School

300 Nautilus St, Panama City Beach, FL, 32413

Grades 6-8

4.69 miles away

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

6.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.