108 Benicia PL Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $694
Subdivision Laguna Beach
MLS Listing ID 1014908
Style Florida Cottage
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,221
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 65.0 ft x 150.0 ft irregular
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 864
Property Description
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.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Single Family
Direction Turn left from 79 on Hwy 98. 1.5 miles on left take Benicia in Laguna Beach. Home is on left near Gulf.
Interior
Furnishings Furnished - None
Exterior
Exterior Feature Needs Work
Parking Features Carport Attached
Carport Spaces 1
Utilities Available Electric
View Gulf
Roof Type Metal
Street Surface Paved
Garage No
Building
Lot Description Irregular, Survey Available, Within 1/2 Mile to Water
Faces Turn left from 79 on Hwy 98. 1.5 miles on left take Benicia in Laguna Beach. Home is on left near Gulf.
Story 1
Sewer Septic Tank
Water Well
Architectural Style Florida Cottage
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Pets Allowed No
Tax ID 37885-000-000
NEARBY SCHOOL & BUSINESS
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